Word: consumerized
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I disagree with the observation of some analysts that this deal makes Oracle more IBM than Apple. (Just two weeks ago, IBM had made an unsuccessful attempt to acquire Sun, meeting vociferous opposition from Sun's board, particularly from its chairman, the company's legendary founder Scott McNealy.) With the...
On the off chance that China's GDP growth will pick up as the year goes on, it is because consumer consumption within the country has not fallen apart. But, one of the issues that the government mentioned as a hurdle to growth was labor unrest and unemployment. Growing joblessness...
The publisher of Rolling Stone magazine vehemently denied that print media was becoming obsolete before a crowd of eager students yesterday afternoon. “Let’s talk about the idea that print is dead,” the publisher, William Schenk, said. “I think...
The use of credit cards among college students has risen to an all-time high, according to a report released Monday by student loan company Sallie Mae. According to the report, college students own an average of 4.6 credit cards, and the mean credit card debt has increased from $2...
A consumer culture invites us to want more than we can ever have; a culture of thrift invites us to be grateful for whatever we can get. So we pass the time by tending our gardens and patching our safety nets and debating whether, years from now, this season will...