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Archive for June, 2008

Online communities have for quite some time been on everyone´s lips. Second Life and it´s creator Linden Labs have shown that a virtual economy can generate cash. Another one that recently reached a major milestone is Habbo Hotel. as they moved beyond 100 million avatars created, it does represent a solid business case.
Stardoll, Age of [...]

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John Osher has developed hundreds of consumer products, including an electric toothbrush that became America’s best-selling toothbrush in just 15 months. He also started several successful companies, including Cap Toys. He built sales to $125 million per year and then sold the company to Hasbro Inc. in 1997. But his most lasting contribution to the [...]

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Nokia said today that it will buy up the part of Symbian it doesn’t already own and create the Symbian Foundation, which will unite all of its flavors into a single, common software platform that will go open source in two years. The move is a clear response to the realities of today’s mobile market [...]

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As the first anniversary of the credit crisis approaches, it’s clear that a major part of the problem was a spectacular failure of information, with complex asset-backed securities turning out to be far riskier than anyone thought. But as sophisticated as we consider ourselves, this is just a contemporary example of what might be called [...]

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Fetch your tin helmets once again. The European Central Bank is opting for a monetary purge. So too is the US Federal Reserve, now ruled from Dallas.
Über-hawks and Cromwellians have gained the upper hand at the great fortress banks. Whether or not they admit it, both are embarked on policies that must lead to retrenchment [...]

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