Word: modeles
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Still, I think the Fujitsu "FLEPia" brings us - the people who make magazines, newspapers, books, TV shows and movies - one step closer to fixing our badly broken business model. (The perfect media device also needs to be able to do video.) Once we've got the All-Media Device, we're back in business. In the meantime, the migration from the Web to the post-Web world - where content is easier to consume on new mobile devices, but no longer free - is fully underway. (Read about the new iPod Shuffle...
...contracts, though, AIG wrote multiple insurance policies covering the same underlying package of increasingly toxic assets. In essence, it was underwriting systemic risk. This is the opposite of what insurance companies are supposed to do: diversify risk across the universe of policyholders. "One thing about the insurance model: it relies on diversification as its means to exist," says a top exec at an AIG competitor. "If an insurance company plays in a field where they underwrite systemic risk, that's a totally different experience." Is it ever. Insurance companies can handle catastrophic risk but not systemic risk. That...
...Administration's long-awaited plan to save America's banks is being delayed again, government sources tell Time. Fears of an AIG-like backlash among potential private investors, and the difficulty of creating a model to price toxic assets on the banks' balance sheets, have both contributed to the delay, the sources...
...only the Kindle 2 were cheaper! Despite its other shortcomings, Amazon's new and improved digital-book reading device does enough right that it could become the Model T of e-readers, capturing the imagination--and discretionary spending--of the masses. But in this wretched economy, in which most of us will purchase only nonessentials that save us money or make us money, I doubt folks will pony up $359 for a pleasure-reading gadget. And thanks to Amazon's mysterious pricing policies, the old argument--that digital books are so much cheaper than their hide-bound ancestors--no longer...
...best-selling memoir Eat, Pray, Love. Sister Mary Scullion has helped reduce the number of people living on the streets of Philadelphia by half. Over 95% of those who cycle through her Project H.O.M.E. program have never again become homeless, a success rate that has made the program a model for dozens of other U.S. cities...