Word: gm
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...insiders like to think of their business as impossibly complicated, involving as it does billions of dollars, intricate technology and the necessity of gauging consumer tastes three or four years in the future. By their reasoning, developing the necessary expertise takes decades of experience. No outsiders need apply. (See GM's great hopes...
...Whitacre's GM...
...Mark Pincus, 43, Zynga had 45 staffers by June 2008 and now employs 600, counting contractors. Its most recently launched game, FishVille, hooked 9 million users in a week. Zynga is privately held, but a rival less than half its size was recently bought by Electronic Arts, the GM of games, for $400 million. How could an outfit that offers scammy mobile-phone horoscope subscriptions get so popular...
...GM also set a precedent of sorts last month when it announced that it would shut down the Saturn brand completely after a deal to sell it to the Penske Automotive Group also fell apart at the last minute. GM has stopped building Pontiacs, and Hummer is in the process of being sold to a Chinese manufacturer of heavy equipment...
Moreover, GM, which is on the verge of trimming its European production capacity 25%, doesn't need Saab's manufacturing plants in Sweden, and Saab doesn't have any special technology that could save it, a GM official bluntly noted...