A lot has been posted this week about the Google Maps application for mobile phones and how it can approximate your location anywhere in the United States. This is reasonably troubling. Recently I jumped into the world of Blackberry and downloaded the Google Phone app which had one button links to Gmail, Google News, and Google Maps. The most troubling thing about this app is that my phone was alerting me several times a day that Google was attempting to DOWNLOAD MY PHONE RECORDS! I'm not exactly sure what this means but I assumed it meant they wanted my calling records. After repeatedly denying the request I deleted the program altogether. Personally I don't think GPS is the gateway to a beter life/consuming future. Just learn how to read a map people.
Friday, November 30, 2007
Florida is Bankrupt
Bloomberg reports today that the Florida State Board of Administration, which handles local government investments, has halted all withdrawals forcing school districts to get loans just to meet monthly payrolls... Looks like the Orange State is going to follow the Orange County into the composting toilet of financial management.
Posted by EL TB at 5:08 PM 1 comments
Labels: credit crunch, florida, state finance
Thursday, November 29, 2007
Your Doing it Wrong
Google Strays Solar
WTF is Google thinking by varying their business and moving into the solar energy game? I'm not an MBA and know that this is one of the cardinal tenets of poor strategy. It's right up there with don't compete against your clients.
Posted by EL TB at 5:19 PM 0 comments
Labels: google, solar energy
Monday, November 26, 2007
Apple Dubai Strikes Again!
FT and everybody else reports that Abu Dhabi has purchased "units" from Citigroup which pay 11% and are convertible in 2010 and 2011 to roughly 4.9% of the firm. It is debatable whether they could have received better terms signing up for a CapitalONE card. And for all you Larry's out there...
Posted by EL TB at 11:56 PM 0 comments
Labels: abu dhabi, citigroup, junk bonds, petrodollars
In My Country Elections are, "Democratic and Free"
The Moscow Times is reporting that United Russia has put pressure on election officials and vote counters to DOUBLE the the votes that UR is expected to receive in the State Duma elections on Sunday.
Posted by EL TB at 11:34 PM 0 comments
Labels: duma elections, putin, the moscow times, united russia