For China’s young people quality of life as important as work

China job fair

A job fair in Hefei in east China’s Anhui province.

Song Hao, a  bearded video editor in his late 20s,earlier this year began to feel that the job he’d been doing for nearly four years was boring, leading nowhere, and certainly not worth the overtime he was made to do every evening.

 

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The Coming Collapse of Bitcoin?

Bitcoin-1

Futurist Thomas Frey: In 2008 the entire world was beginning to panic as our global financial systems teetered ever so close to total meltdown. Major banks were either failing or near failure and the entire house of cards seemed to be one 10 of clubs away from becoming a meaningless flat stack in the middle of the table.

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Rethinking prosperity in America

money

 More money doesn’t necessarily lead to greater happiness.

Many Americans are finding reasons to be thankful this time of year despite lingering unemployment and a still sluggish economy.  For some, unexpected layoffs, financial setbacks, or simply a desire to spend more time with family have served as a reality check, a wake-up call for consumers to rethink their idea of wealth and prosperity.

 

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FCC Chief puts the kibosh on AT&T/T-Mobile merger

Earns AT&T

AT&T will have less of a monopoly now.

FCC chairman, Julius Genachowski, issued a draft statement yesterday lashing out against AT&T’s proposed acquisition of T-Mobile, calling its concentration of the wireless market contrary to the public interest. He’s also requested an administrative hearing, placing the onus on AT&T to prove the deal benign to wireless consumers…

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Print optimization software earns PrintEco Green Start-Up of the Year

printo-eco.jpg.492x0_q85_crop-smart

A new way to print…or not.

At the 5th Opportunity Green conference held in Los Angeles November 10-11, new companies presented products and services in one-minute pitches for a chance to win Green Start-Up of the Year.

In a tight race with Kiverdi carbon recyclers, PrintEco Office pulled out in front at the last minute to take the prize with its print optimization software.

Eleven entrepreneurs showcased concepts in super succinct presentations and the approximately 1000 attendees from sustainably-minded businesses voted in real-time texts for the best idea…

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Teenagers prefer smartphones to cars

teen with smartphone

Getting a smartphone has been a rite of passage for many teens.

There are a lot of problems the auto industry has to worry about.  They have to worry about pensions and health care costs for their employees.  They also have to worry about recalls and the rising cost of gas.  But there is something else that automakers should be concerned about.

 

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Why big companies die

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Peggy Noonan isn’t usually thought of as a mangement thinker.  But in her Wall Street Journal column last week she has an insightful paragraph on management:

There is an arresting moment in Walter Isaacson’s biography of Steve Jobs in which Jobs speaks at length about his philosophy of business. He’s at the end of his life and is summing things up. His mission, he says, was plain: to “build an enduring company where people were motivated to make great products.” Then he turned to the rise and fall of various businesses. He has a theory about “why decline happens” at great companies: “The company does a great job, innovates and becomes a monopoly or close to it in some field, and then the quality of the product becomes less important. The company starts valuing the great salesman, because they’re the ones who can move the needle on revenues.” So salesmen are put in charge, and product engineers and designers feel demoted: Their efforts are no longer at the white-hot center of the company’s daily life. They “turn off.” IBM [IBM] and Xerox [XRX], Jobs said, faltered in precisely this way. The salesmen who led the companies were smart and eloquent, but “they didn’t know anything about the product.” In the end this can doom a great company, because what consumers want is good products.

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Digital movies to replace film worldwide by 2015

Movie_theater

The majority of cinema screens in the U.S. are expected to go digital in 2012.

We are used to seeing the standard 35 mm film in movie theaters but that will be replaced worldwide by digital technology in the next few years, and the hit blockbuster film “Avatar” is to blame for the shift, according to a new report.

 

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