Word: broadband
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...years. Most households have one PC. Some have two or three depending on how many children are in the house. The cycle of upgrading PCs has been fairly steady. It has been driven by more powerful processors from companies like Intel (INTC), new operating systems from Microsoft (MSFT), and broadband which gives the PC owner access to a universe that did not exist a decade...
...long ago, AT&T (T) fired almost 18,000 people. Last year, AT&T had solid growth in its cellular and broadband operation. Its landline business is shrinking, but that has been going on for a long time. Revenue for 2008 was up 4% to $124 billion. The telephone company expects further growth this year. Who hired 18,000 people? Did AT&T really need them, or was it a case of over-staffing because the economy was doing so well...
Retail may also be the best example of a large US industry that could get government support to save jobs, but probably won't. While employment is being built up for infrastructure programs in alternative energy and broadband, retail firms could lay-off several hundred thousand people...
...California may be the best example to illustrate why the stimulus package will be "slow acting". It has among the highest unemployment rates. The infrastructure programs available for California would include broadband expansion, IT enhancement, and energy grid enlargement. The regulatory environment in California has always been strict. Almost all the federal government stimulus packages will require approval, likely from multiple bureaucracies in this state. This alone means that the economic crisis in the Golden State cannot be mitigated in any serious way until well into...
...time to dump your old FM set and pick up an Internet radio. These audio gadgets look like regular radio receivers but can tune into the 10,000-plus stations around the world that stream music, news and chat over the Web. All you need is broadband and a WiFi router, and you can listen to anything from Malian blues to Tongan talk shows. Not sure which Internet radio to get? Here's some sound advice on three of the best...