If firms are overdoing buy-backs and starving themselves of investment, artificially propped-up share prices will eventually tumble. That is why investors need to pay close attention. In the long term they need to ensure that bosses’ pay schemes are designed in a way that does not create a perverse incentive to repurchase stock. In the short term, they must give willing firms a licence to invest.
This is a great example of why I read Engadget less and less. There are much better headphones for much less money. And if you want the most expensive headphones, these aren’t them either. I don’t know what they’re aiming for here.
Just returning from the coolest day I can remember, watching and working through strategy with the Mayday campaign team in DC. We’ve decided on the balance of the portfolio of races, and are working through the last steps of timing (of announcements, etc.). It is an amazing and exciting mix, which…
Payment and… · Yeah, there’s no doubt that payment is the application that’s getting the headliner attention. But it would be tragic — tragic — if Apple didn’t provide an open API to that nifty NFC hardware.
Yeah, that would really suck. Then we would miss out on some very interesting applications of NFC, like
Suppose you want secure communication, which means you’ve got a private key on your phone. And suppose you don’t 100% trust your phone-unlock setup to protect access to your key. Well, you carry a little NFC doohickey on your keychain, and when you need to use the key, you pull it out of your pocket and tap the back of the phone with it.
That, opening your house, loaning people money, sending secure in-person messages (friends, the doctor’s office a co-worker), etc. Or, perhaps communicating more securely with the Internet of Things.
“Religious mysticism is intellectual garbage. It’s a vestige of the old superstitious Dark Ages when nobody knew anything and the whole world was sinking deeper and deeper into filth and disease and poverty and ignorance. It is one of those delusions that isn’t called insane only because there are so many people involved.” —Robert M. Pirsig, Lila: An Inquiry Into Morals, 1991.