asterisk2a + apple + job   6

The tech industry has cut a Google’s worth of jobs in the past 12 months
bigger companies, more profitable products, with less people. // “It would be wrong to assume that increased job cuts are a sign of weakness in the tech sector,” Challenger, Gray & Christmas CEO John Challenger said in a statement. “The simple fact is that the industry is going through a transformation and companies either have to shift their focus or risk extinction. We will always need technology, but how we interact with it, as well as where and when we interact with it, are changing rapidly.” //&! http://recode.net/2016/04/19/intel-chipmaker-mobile-earnings-restructuring/ - Intel missed the mobile revolution. Now it faces its day of reckoning.
Silicon  Valley  Unicorn  Instagram  WhatsApp  productivity  Software  Eats  The  World  Software  Is  Eating  The  World  Software  Revolution  Software  Development  Slack  Facebook  profit  maximisation  profit  maximization  winner  take  all  IBM  Intel  Microsoft  Salesforce  antitrust  overhead  cost  center  AWS  cloudcomputing  Cloudstorage  Netflix  Amazon  Azure  Google  Cloud  Google  Inc.  Alphabet  Inc.  Oracle  Mobile  Creative  scalability  scaling  scale  Snapchat  Twitter  Apple  automation  robotics  AI  artificial  intelligence  3D  printing  autonomous  cars  self-driving  cars  labour  market  job  market  skill  gap  skills  gap  homescreen 
april 2016 by asterisk2a
MPs launch tax inquiry after criticism of £130m Google-HMRC deal | Business | The Guardian
MPs have launched an inquiry into the UK’s tax system after the government was accused of allowing Google to pay too little in a £130m deal. The House of Commons Treasury committee announced that it would examine whether a radical shakeup of corporation tax was needed, amid concern that Google has been allowed to get away with an effective rate of 3%. The inquiry is not directed at Google, but will investigate the UK’s shrinking corporate tax base more widely and whether HMRC is doing enough to tackle avoidance. It will ask whether there needs to be a radical shakeup of the system, and whether business taxation could be based on turnover rather than profits. Andrew Tyrie, chairman of the committee, said the UK’s tax law had become too elastic, allowing companies to get away legally with paying too little. [...] [ 6 year audit by HMRC, is a sweetheart VIP backroom deal, 130m was all they got, not more! from Google. ] //&! bit.ly/1RJc713 &! bbc.in/1UoxMJQ
Google  Inc.  corporate  tax  rate  tax  avoidance  tax  evasion  UK  HMRC  double  standard  No  Representation  lobbyist  lobby  Lobbying  economic  justice  trickle-down  economics  job  creation  Policy  Makers  Tories  Conservative  Party  nasty  neoliberalism  neoliberal  budget  deficit  Amazon  Apple  Microsoft  Starbucks  accountability  oversight  Greed  shareholder  value  profit  maximisation  Wall  Street  crony  capitalism  capitalism  Career  Politicians  Westminster  budget2015  Manifesto  general  election  2015  Generationengerechtigkeit  fairness  GFC  bank  bailout  election  campaign  promises  Party  Funding  constituency  babyboomers  globalization  globalisation  USA  Gini  coefficient  plutocracy  oligarchy  Super  Rich  1%  social  democracy  democracy  George  Osborne  David  Cameron  Iain  Duncan  Smith  inequality 
january 2016 by asterisk2a
#mediabuzz | Howard Kurtz | Fox News
Amazon a cyber-sweatshop? SARAH LACY praised the New York Times reporting on Amazon: "When you freak out the tech world, you're a powerful news organization." // "brutally efficient" 'white and blue collar jobs being exposed to the same treatment manual work and service sector jobs have been treated by competition and globalisation (flat and borderless world), for the last +30 years. "it's what you don't say and how it gets interpreted down the line." // Investigative Journalism! NYT (paper), a institution, a stalwart of investigative journalism, reporting, holding companies and people accountable, .... same along the line of bit.ly/1NRsG5N - One overlooked theme emerging from the Times’s Amazon story is the power of the paper itself. // this story underlines, is a data point in time, you can look back on. and say the world went this way such and such // competing on price is the easiest thing to do! the first thing in reach! its about the hard things that actually leverage/multiplier
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august 2015 by asterisk2a
Forget the Verizon-AOL deal. The big wave in tech M&A is just getting started. | PandoDaily
The all-cash AOL deal may drain Verizon’s cash reserves, but consider that Verizon generated $10 billion in operating cash flows last quarter – on top of $113 billion in total debt. [W]hats another $4.4 billion in loans, especially when interest rates are as cheap as they’ve ever been? // &! S&P 500 Companies Spend Almost All Profits on Buybacks - bloom.bg/1ECu06U // &! Companies have been gobbling up their own shares at an exceptional rate. There are good reasons to worry about this [...] The companies in the S&P 500 index bought $500 billion of their own shares in 2013, close to the high reached in the bubble year of 2007, and eating up 33 cents of every dollar of cashflow. [...] [$650 billion of cash overseas] [ leading firms to skimp on long-term investment] [firms are being sensible by restraining investment in the face of economic uncertainty] - econ.st/1t90jry //
M&A  Stock  buyback  productive  investment  underinvestment  GFC  bubble  asset  allocation  Wall  Street  shareholder  value  profit  maximisation  ZIRP  NIRP  QE  2015  speculative  bubbles  speculative  speculation  asset  bubble  equity  bubble  Amazon  Apple  s&p500  recovery  austerity  Western  World  secular  stagnation  hunt  for  yield  compensation  zombie  corporations  zombie  banks  dividends  offshore  Taper  fiscal  policy  monetary  policy  economic  history  long-term  view  long-term  thinking  short-term  thinking  short-term  view  compensation  package  golden  parachute  marginal  cost  economics  of  abundance  Moore's  Law  capital  expenditure  corporate  investment  uncertainty  Europe  USA  Career  Politicians  policy  folly  policy  error  PIGS  infrastructure  investment  business  investment  digital  economy  knowledge  economy  job  creation  Industrial  Revolution  2.0 
may 2015 by asterisk2a
"The main thing that has caused companies to fail, in my view, is that they missed the future," - Larry Page At TED - Business Insider
"The main thing that has caused companies to fail, in my view, is that they missed the future," Page said. This is why Google is going full steam ahead working on a variety of projects.  "When we bought Android, it was small and I felt guilty working on it, but it was smart, it was the future," he said.
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march 2014 by asterisk2a

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