Archive for the ‘Current events’ Category

The San Francisco Chronicle is in danger of shutting down (excerpt from The Guardian): The San Francisco Chronicle is the latest major US newspaper in financial distress, with owner Hearst Corporation saying the title is threatened with immediate sale or closure, blaming “staggering losses”. In a memo to staff late yesterday, the Chronicle’s chairman and publisher, [...]

There’s nothing more amusing than the sight of hundreds of people pummeling one another with pillows. Every year, San Franciscans bring their fluffiest pillows, preferably the ones that burst open releasing thousands of feathers into the air, and gather in the square in front of the Ferry Building. Between 6:00 pm and 6:15 pm, they [...]

President Obama’s plan to limit bankers’ compensation has caused quite a stir in the banking world. Bankers argue that if Americans don’t pay these outrageous sums, foreign banks will hire our best bankers, leaving the US banking system uncompetitive. The complaining bankers don’t realize that there are very few banks left in the world, nearly [...]

I have had it up to here with misleading press releases. I received a press release that read: “XYZ Wireless, one of the nation’s largest wireless broadband operators, has just launched service in  . . . ” What do you conclude when you read the line “one of the nation’s largest wireless broadband operators”? When [...]