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...popularity underscores the fact that even wireless providers who consider themselves leading edge are increasingly viewed as utilities that provide a basic service like water or power. What matters most to users is the latest iPhone or BlackBerry with the sleekest applications. These added pressures to the customer base and bottom line may turn out to be for the telecom industry what the automobile was to the horse. Skype co-founder Niklas Zennstrom predicts that in less than a decade, telcos and cablecos will be on the bottom of the telecom food chain, faceless operators of low-value pipes delivering...
...Seidel said that the nature of the customer base of Harvard Square ensured that local businesses would “probably not be terribly impacted...
...added responsibility at a steady rate, Kantrovitz excelled as he learned the ins and outs of various aspects of the Cardinals organization, from scouting to international operations to quantitative analysis.The statistical aspect of player evaluation particularly piqued Kantrovitz’s interest, and he decided to pursue a broader base of knowledge in the field.“With the influx of data that’s coming out now, I wanted to keep up with that,” he says.While with the Cardinals, Kantrovitz had forged a relationship with Harvard statistics professor Carl Morris, a former chair...
...choice. Democrats far outstripped Republicans in the run-up to the 2008 election, with a 10-to-1 advantage in new registrations and a 3-to-1 advantage in party switches, a change that drew mostly from the moderate suburban voters who had been Specter's political base. That leakage had slowed considerably since the election, but there was still a steady drift toward Democrats statewide. "It was a question of political survival," Madonna said. "Our last poll, he does better with Democrats than Republicans; he made a political calculation, apparently to save his political career, he would switch party...
...medium-sized private firms collapsing with disturbing frequency, SOEs offer Chinese banks a margin of safety: an implicit guarantee that the government will ultimately make good on their loans. This is making it harder for China's banks to adopt modern risk-management practices and diversify their traditional customer base, which is largely SOEs. "It's difficult to go on a massive spending binge and at same time create new channels," says Pettis. "The easiest thing to do is more of the same...