Monday, September 22, 2014

Google 2.0 to build cities and airports

Larry Page wants a Google 2.0 that will build cities and airports, report says | The Verge:
"As if self-driving cars, balloon-carried internet, or the eradication of death weren't ambitious enough projects, Google CEO Larry Page has apparently been working behind the scenes to set up even bolder tasks for his company. The Information reports that Page started up a Google 2.0 project inside the company a year ago to look at the big challenges facing humanity and the ways Google can overcome them. Among the grand-scale plans discussed were Page's desire to build a more efficient airport as well as a model city. To progress these ideas to fruition, the Google chief has also apparently proposed a second research and development lab, called Google Y, to focus on even longer-term programs that the current Google X, which looks to support future technology and is headed up by his close ally Sergey Brin."

ideas: "Competition Is for Losers"

Peter Thiel: Competition Is for Losers - WSJ:
"If you want to create and capture lasting value, look to build a monopoly, writes Peter Thiel" (VC, co-founter of PayPal)

"...So-called perfectly competitive markets achieve equilibrium when producer supply meets consumer demand...The opposite of perfect competition is monopoly. Whereas a competitive firm must sell at the market price, a monopoly owns its market, so it can set its own prices. Since it has no competition, it produces at the quantity and price combination that maximizes its profits."

IBM: cloud, analytics, mobile, social

IBM CEO Ginni Rometty gets past the Big Blues:
Ginni’s Rules
1. Don’t protect the past.
2. Never be defined by your product.
3. Always transform yourself.

"...reinvention plan for IBM, which involves trying to get
the company to concentrate on three core area:

  • big data
  • cloud
  • engagement” (mobile and social technologies).
How does IBM make money? Big Blue's revenue dipped 5% last year, but the tech giant still raked in nearly $100 billion annually. Here's where most of that money came from.

IBM cuts pay by 10% for workers picked for training | Computerworld
"Under this program, these employees will spend one day a week developing skills in key growth areas such as cloud, analytics, mobile and social.

But IBM is coupling this training with a six month salary reduction. The key statement in the memo is this: "While you spend part of your workweek on learning and development activities, you will receive 90% of your current base salary."

IBM cuts salaries of skill laggards in US - The Times of India