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.. obvious lesson is a dumb one.
GTAT’s contract with Apple is, by most reasonable standards, terrible. GTAT is obligated to produce a minimum amount of sapphire for Apple (at an Apple factory), but Apple is under no obligation to buy any — and GTAT has exclusivity obligations, so it might not even be allowed to sell to anyone else.
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“Europe’s disastrous response to the crisis — austerity — has led Europe to a social crisis and to within sight of a political crisis”
via Germany’s Insistence on Austerity Meets With Revolt in the Eurozone – NYTimes.com.
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.. Russia’s manufacturing base has been neglected for years as the economy relied mainly on exports of oil, gas, and other commodities.
Russian factories can’t substantially increase output without major capital investment
via The Havoc Wrought by Russia's Falling Ruble – Businessweek.
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Since their invention by the auto industry in the late 1930s, concept cars have afforded engineers and designers an opportunity to let their imaginations run free. more>
via Design News | Slideshow: The Wild World of Concept Cars | News links.
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The intended design was to make an electrical contact inside the sensor at 3g, maintaining it through the maximum expected 30g, and then breaking the contact again at 3g to start the parachute release sequence. Instead, no contact was ever made. more>
via Design News | Engineering Disasters: NASA’s Genesis Probe Got it Backwards | News links.
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Google has been making some waves recently over reports that it intends to enter the asset management industry following recent suitability studies the firm has conducted. more>
via How Google Could Easily Become A Dominant Investment Manager | Forbes | News links.
Spanish speakers dominate, with 38.4 million U.S. residents — roughly 12 percent of the total population — speaking Spanish at home.
via One in five in the U.S. don't speak English at home, immigration report says – Washington Times.
Leading members of Congress and the White House must ask themselves, “If we were to start a government from scratch, how would we prevent terrorist attacks, and how would we protect the president?”
It might not involve the DHS—or even the Secret Service.
Essentially the only places interested in hosting the 2022 games are countries where actual citizens aren’t allowed a real say in things – communist China and Kazakhstan.
Essentially the entire world has told the IOC it’s a corrupt joke.
via Why no one wants to host the 2022 Olympics – Yahoo Sports.
If his candidacy catches fire, it will be because Mr Paul awakens America’s disaffected centre to the idea that between the battle lines of American politics, beyond the party banners and flags, there is more common ground than is popularly understood.
via American Way: between Democrats and Republicans, a libertarian "third force" is emerging – Telegraph.
Unfortunately, we’re not playing the long game, as the extremists are.
We are vastly overrelying on the military toolbox and underemploying the education toolbox, the women’s empowerment toolbox, the communications toolbox.
We’re tacticians; alas, the extremists may be better strategists.
“Why did the Soviet Communist Party collapse?
“An important reason was that its ideals and convictions wavered. Eventually, all it took was a quiet word from Gorbachev to declare the dissolution of the Soviet Communist Party, and the great Party was gone.”
“I love email. I’m probably a rare breed in that regard. I love it because it allows me to work asynchronously and to consume vast amounts of information rapidly across the business. But unless I’m specifically asked a question, I don’t respond.”
via The Many, Many, Many Things You Should Say "No" To At Work | Fast Company | Business + Innovation.
.. Australian photographer Peter Stewart documented the public towers from the outside, showing some of the most densely packed neighborhoods in the city.
This problem did not exist in the past.
Before 1971, the major international currencies, and most minor currencies, were fixed to gold.
via Dozens of Countries Have Already Kicked the Fiat Currency Habit.
Ever since the financial crisis, housing prices for the most-expensive 10 percent of the Manhattan market have increased more than 15 percent.
Compare that with the modest 2.5 percent gain for the remaining 90 percent of the market.
via When $7 Million Is Average for Manhattan – Bloomberg View.
On his way out of Pimco, Gross penned a heartfelt farewell letter to his former colleagues.
But so great was his haste that he never hit “send.”
via Found: Bill Gross's Farewell Letter to Pimco – Bloomberg View.
In the specific case of JPMorgan, the bank thinks it was infiltrated in June.
By the time the breach was discovered in July, it was clear that hackers had “obtained the highest level of administrative privilege to dozens of the bank’s computer servers,” the New York Times notes in its very thorough account of the breach.
I don’t see any difference between my connection to a network service and a telephone call.
In fact, sometimes my network connections ARE telephone calls.
Why should AT&T be a common carrier when I plug in a PSTN telephone, but not when I plug in a DSL modem?
via ISPs “secretly furious” at Verizon, scared of stronger net neutrality rules | Ars Technica.
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