October 14, 2008
Gates said the United States face a serious economic recession
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Microsoft has to withdraw from day-to-day management of Microsoft chairman Bill Gates said Monday that the U.S. economy is heading towards a “serious decline” in the future the overall U.S. unemployment rate is likely to exceed 9 percent.
Gates, on the same day in the city of Boston, Harvard Business School, a speech that the U.S. government and personal debt rise in the U.S. economy is being dragged down overall growth. In his view, these debts will bring U.S. economic growth potential risks, because until recently, not too many violations and other signs that the U.S. economy has been faced with a dilemma.
Gates pointed out that it is related to the U.S. economy will be strong growth in the view of many investors to the market rate of return is expected to have a high, “these ideas are willing to take risks in investment, and investment in the corresponding extreme behavior is faced with a huge market risks. “Related statistics show that the United States in August the overall unemployment rate rose to 6.1 percent, in September remained at this level.
On the same day at the Harvard University alumni gathering activities, General Electric (GE) CEO Jeffrey Immelt said that the United States occurred in the previous financial crisis, “incredible” and is expected to be in the future The U.S. economy will be “two consecutive quarter of negative growth.” Economists believe that if a country’s economy for two consecutive quarters of negative growth, the country appears to believe that the economic recession.
October 13, 2008
Google co-founder Sergey Brin space for friends to see him off tour
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Interested in space travel for the Google co-founder Sergey Brin Saturday visited the famous Russian Baikonur space base. Brin’s trip is aimed at their friends, the upcoming space trip to the well-known U.S. computer game designer Richard Garriott to see them off.
Jialiaote will be 1:03 pm local time Sunday by the Russian “Soyuz” spacecraft in space, accompanied by an American and a Russian pilot. Jialiaote tickets to pay for the space of 35,000,000 U.S. dollars. Brin was born in Moscow, the latter with his family emigrated to the States, this time with his family and friends Jialiaote together Jialiaote to see them off, and he arrived safely blessing of the International Space Station.
Brin has been before the U.S. company Space Adventures stored the 5,000,000 U.S. dollars, as the space of the deposit ticket, but he has never publicly indicated that they would definitely complete the space brigade. According to Space Adventures said Brin will be the first in 2011 by Russia, “Soyuz” spacecraft to fly to the International Space Station.
So far, Space Adventures has arranged for a rich man to fly in space 5, but space travel can be sustained is still uncertain. In April this year, Russia’s Energia space company president Vitaly Lopota has said that he was not interested in space travel, and the current provision of private space travel only to solve the problem of shortage of funds. Lu Pota said: “We set up the International Space Station is not to travel in space, but to meet the needs of all mankind.
October 8, 2008
Microsoft Xbox 360 sales in Japan surpassed Sony in September
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Oct. 6, game magazine publisher Enterbrain said that the sale volume of Microsoft’s Xbox 360 in Japan this September is more than Sony’s PS3 game console for the first time.
According to foreign media reported that since last month, Microsoft cut the price of the Xbox 360 console, its sales growth is very strong. Last Friday, according to Enterbrain figures, as of Sept. 28, Microsoft has four weeks in the sale of 5.3547 million Xbox 360 video game, and the sale of PS3 games for the volume of 3.3071 million. In September, Nintendo game consoles in Japan to keep a leading position in the market, the sale of 10.9548 million Wii game consoles.
While the Xbox 360 in the United States has been well received in Japan and the PS3 and the Wii is very difficult competition. In order to enhance sales, Microsoft on Sept. 11 lowered the price of Xbox 360 Arcade, not on the hard drive configuration of the Xbox 360 Arcade price has been reduced 8000-19800 yen; for high-end Elite model of the game down the price of Japanese Yen 8000-39800 .
Sony 40GB hard drive configuration of the PS3 console will sell for 39,800 yen; and Nintendo’s Wii console sells for 25,000 yen.
Square Enix Holdings on September 11 issued by the role-playing game “EverQuest secret” to promote the Microsoft video game sales.
In the hand-held video game market, Nintendo sold 10,000 23.4477 of the DS, and Sony PS Portable game of the sale amount to 10.9274 million units.
Enterbrain said, PSP sales in the Oct. 16 release of new models before the game slowed down. The new PSP-3000 console has a built-in microphone, equipped with advanced night crystal panels, more suitable for outdoor use, response time than existing machines to a short response time.
Nintendo will issued a new DS on November 1, which can take pictures, play music and will gradually infiltrated into the area of iPhone and Apple iPod.
October 7, 2008
Microsoft Win XP pre-installed systems is postponed
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Oct. 6, according to foreign media reports, Microsoft said over the weekend, the new PC pre-installed Windows XP system is postponed by 6 months to June 30, 2009.
According to foreign media reports, Microsoft said in July next year in the past, OEM manufacturers from the PC will still be Windows Vista Business or Vista Ultimate system to reduce the Windows XP Professional systems.
Previously, Microsoft had planned in January 2009 after 31 major OEM manufacturers to stop providing Windows XP Professional media.
Microsoft said that despite the use of Windows Vista customers have been increasing, but the XP system is still unabated demand, so the company decided to defer to meet the needs of the consumers.
In June this year, Microsoft put an end to the retailer and a new PC pre-installed Windows XP license, but businesses will be allowed to downgrade Vista to XP. It is reported that more than one-third of the new PC was downgraded to XP. Obviously, Vista and XP does not so popular.
Microsoft will soon launch a new version of Windows 7 to provide users with more choices.
September 25, 2008
Japan’s largest brokerage buy Lehman Brothers’ Asia business
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Japan’s largest brokerage Nomura Securities confirmed that the company has beated other competitors to win all Lehman Brothers’ Asian securities and investment banking which filed for bankruptcy protection.
Although the company said in a statement did not mention a specific price, but a number of sources said this amounted to about 225,000,000 U.S. dollars.
An Associated Press news reporters was told, after winning the Asian business of Lehman, Nomura Securities is still competitive with the British Barclays Bank to win Lehman’s e European business.
September 22, 2008
Amazon creates new service to speed up the transfer of Web content
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Sept. 19, according to foreign media reports, Amazon is creating new content that submitted to the service, a new service is designed for developers and enterprises. The company will introduce new ones by the end of the year.
Amazon’s blog article published Thursday that the delay in the adoption of lower rates and high-speed data transmission, yet the name of the new service will be the world’s high-performance to users of the popular content easy to read.
Amazon’s chief technology officer Vogels in another blog article, said the company will expand through new services cloud calculations.
Amazon said the new service will allow customers to Amazon’s S3 storage repository in their own content, but in view when open-readable tags. Customers will log on to shop through a single user programming interface and have a special domain name for the content distribution. When users request items through returning the domain name, the users will be directed to the nearest location. The whole process is aimed submissing content at high-speed.
September 19, 2008
Morgan Stanley began to talk with the merger of banks
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“The New York Times,” “Wall Street Journal” and other sites reported on the 17th, it is proved that the famous investment bank Morgan Stanley is ready to merge with other banks, now is holding a preliminary contact with Waqiaoweiya Group.
Currently five major U.S. investment bank Morgan Stanley and Goldman Sachs only two.
As the market worried about the two investment banks will become the next “Lehman Brothers,” two days of company stock fell.
On the 16th after Morgan Stanley issued a quarterly profit ahead of schedule, although the rate of return has declined over the same period last year, but the performance is still higher than market expectations.
The company said on the 17th, Morgan Stanley will take all measures to prevent further stock decline. However, the merger negotiations news, the company spokesman declined to comment.
Market analysts said the volatility of stock price will force Morgan Stanley to seek merger partners, and the most likely option is the bank with adequate capital. In the past two weeks, Morgan Stanley’s shares declined 50%
September 18, 2008
“Google killer” Cuil was valued to $200 million
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September 14, according to foreign media reports, as the “Google killer” has been concerned in the industry, to on the emerging search engine Cuil people is no strange. But little known is that before on-line, the valuation of Cuil is sauted to unrealistic 200 million U.S. dollars by investors.
Cuil Zhengshishangxian July this year, but as early as in December last year, the company is making the second round of financing, the company put investors Madrone Capital Partners Cuil valuation for the staggering 200 million U.S. dollars, while investors in the investment Cuil The amount was only 25 million U.S. dollars.
Cuil former executives from Google development, which claims to possess the world’s largest index. But Cuil on the line after the performance is not satisfactory. Index of the database seems to be no Google, because Google can be found in, Cuil search is not. Recently, the company’s products, vice president of Lewis. Meng Nier (Louis Monier) and separation.
As to why the valuation of Cuil so high, the shareholders of both companies declined to comment. However, the following can be seen in the relations between some clues, Madrone Capital Partners Wal-Mart is mainly responsible for care of the family assets, one of its partner Greg – Peng satisfied that (Greg Penner) is Wal-Mart founder Sam – Wharton ( Sam Walton), Sun son-in-law and two Cuil and Wal-Mart’s board members.
In the search market, another over-valuation of enterprises is Powerset.Powerset valuation was 40.5 million U.S. dollars, as investors failed to meet expectations, Powerset was sold to Microsoft, at 100 million U.S. dollars.
The reason Powerset is able to sell the high price of 100 million U.S. dollars is that semantic search technology. Cuil has no advantage in this field. Obviously, Cuil is difficult to be sold at 100 million dollars in short term. Therefore, the valuation of 200 million U.S. dollars can only be a bigger disappointment for investors.
September 17, 2008
HP planed the layoff of 24,600 people in three years
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Hewlett-Packard said Monday they planned to retrench 24,600 people in the process of integrating the newly acquired EDS in the next three years, almost 7.5 per cent of the total number of employees.
According to foreign media reports, HP said that half of the staff will be dismissed in its U.S. companies, most of the other dismissed employees will staff the original EDS.
At present, HP employees a total of 178,000 people, EDS was 14.2 million, the sum of 32 million people. HP will later Monday in the General Assembly on the financial analysts to provide more details.
Hewlett-Packard CEO Mark Hurd (MarkHurd) said: “The restructuring is completed, we save each year by the layoffs will cost 1.8 billion U.S. dollars. For us, this is a very good cost-saving measures.”
May this year, HP announced the purchase of EDS with 13.9 billion U.S. dollars, the deal was finished in August. The deal made HP jumped from the original world’s fifth-largest technology service provider to the second. After the completion of the transaction, HP will competite with the No. 1 IBM to get more profitable and long-term business.
Three major international record companies participated MySpace Music
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The on-line music service on the world’s largest social networking site MySpace of Murdoch’s News Corp. has not started, the wind investment eagerly sought after it. Besides the participation of global, Sony and Warner, the gain of 100 million U.S. dollars venture capital was disclosed yesterday. As a result, capital market forecast the market value of MySpace music is up to 2 billion U.S. dollars.
Before the MySpace Music Zhengshishangxian there are only two weeks time. Generally speaking, the risk of investment in the project was first set up will be involved, and not wait until the business has been close to the line before hand. The 100 million U.S. dollars of investment risk “unusual” move in line with that MySpace Music touted level.
Analysis of the view that such “abnormal” fully shows that the market strongly expect to pay to download MP3 music as the main point of profit MySpace music can become Apple’s iTune online music service, the most powerful competitors.
In fact, the international record company to Apple Computer’s Steve Jobs love or hate the one hand, the emergence of Panhuo the iTune Music in the age of the Internet sales, effectively control the spread of piracy, save the recording industry has played the role of savior; another On the one hand, iTune has become the leading music channels available in North America, Apple’s iTune occupy 80% of the online music market share, in a sense, the record company is in fact working to Jobs.
Jobs and cheap 99 cents to the unity of the sale price to Apple users of digital music is to feel dissatisfied with the record companies. Warner Music Group’s CEO Bulumuman last year on Apple’s request to consider the implementation of a variety of charges, but was rejected Apple.
So the proposal of setting up a social networking site MySpace online music services, record companies have been widely welcomed. Universal, Sony, Warner, three major music companies are more generous to the MySpace Music injection of several million to tens of millions of dollars, expectations of the success of MySpace Music, in order to shake off the control of Jobs.
At present, Apple and MySpace are doing business in China, but they are not open the online music sales in China.
