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...prime case in point. Netbooks are cheap, and with new, high-efficiency processors on the scene, they will likely get more powerful, and cheaper still. So while unit volume is improving for tech companies, the actual revenue they bring in continues to decline. Sales data from the market-research firm NPD shows that in the U.S., technology unit sales were up 10% in May on a year-over-year basis. However, revenues declined 11% over the same time period. "Most of the unit growth is fueled by netbooks," observed analysts at Bank of America/Merrill Lynch in a recent report. (Read...
...LinkedIn is like decoded bulletins from enemy territory. "It's now just routine for us to go over with clients whether they have an active presence on the Web and if they Twitter or have a MySpace page," says Joseph Cordell of Cordell & Cordell, a domestic-relations law firm with offices in 10 states. He advises his mostly male clients to scour their page - and their girlfriend's - for anything that could be used by their ex's legal team. Then Cordell studies the page of the soon-to-be ex-wife...
...that she hadn't been drinking," recalls the Missouri-based attorney. "But her MySpace page had actual dated photos of her drinking - and smoking, which is also of interest." In another case, a mom had listed herself on a dating site as single with no kids, which Cordell's firm used to cast doubt on her truthfulness...
...Peter L. Bernstein was 70 and had led a full life. An intelligence officer during World War II, he later taught economics, ran an investment firm and edited the wonky but influential Journal of Portfolio Management as a flood of new academic research transformed investing in the 1970s...
...jailing of two U.S. reporters. But even amid those tensions, the Hermit Kingdom is trying to stimulate its dire economic fortunes by slowly opening its economy to foreign business - and the lack of convenient cell-phone service has emerged as a major irritant, especially for the hundreds of Chinese firms active there, which make up the largest group of foreign investors. Those investors now actually have an ally in Kim Jong Il, who has quietly reversed his earlier decision and started upgrading the country's dilapidated communications infrastructure. Toward the end of last year Orascom Telecom, the Middle East...