Archive for the ‘TILE Translations’ Category

IRS Blows Minds By Building An App For That (Where “That” = “Your Taxes”)

Friday, January 28th, 2011

“Taxpayers waiting on a refund from the Internal Revenue Service can now check on its status using a smartphone.

The application for Apple Inc.’s iPhone and Google Inc.’s Android operating system also will give taxpayers daily tax tips during the filing season, the U.S. tax collection agency said today. Smartphone users may download the “IRS2Go” app for free, the IRS said.”

What do you think?

Would you use an app to check your tax refund status? What will be the next government-made mobile app??

Redesigning The Arts

Thursday, January 27th, 2011

“In 1993, a group of prominent orchestra administrators issued a report predicting the obvious: doom and destruction unless the nation’s symphonies radically changed the way they did business. In the future, according to ‘Americanizing the American Orchestra,’ orchestras would have to consider ‘collaborative efforts with other art forms, interactive audience projects, the use and adaptation of technology, and other departures from business as usual.’

It was a badly written, sanctimonious, controversial document, and most American orchestras simply ignored it. To the extent that they adopted any of its recommendations, orchestras did so halfheartedly, amateurishly and without real faith in the underlying premise: that audiences craved a new kind of concert, updated for the 20th century. ”

What do you think?

Would you be more interested in visiting the symphony if it incorporated more modern design and technology? As a patron of the arts, would you think this was a good investment? What would you do to improve classical music?

The Power Of Playing Hard To Get: Elusive McRib Sightings, Cheap Food Boost McDonald’s Earnings

Thursday, January 27th, 2011

“McDonald’s has continued to lead the fast-food industry in its recovery from the recession. It’s outpacing its rivals, such as Burger King, which was taken private in a buyout last year, andWendy’s/Arby’s Group Inc., which announced last week it is considering a sale for its lagging Arby’s chain. The fast-food giant reported a profit of $1.24 billion, or $1.16 a share, up from $1.22 billion, or $1.11 a share, a year earlier.”

What do you think?

Would you buy something (like a special molded-meat sandwich that only comes out a few times a year at select locations) just because it was rare?

”Child Labor” at the Ad Agency

Wednesday, January 26th, 2011

“JWT, a WPP ad firm that works for advertisers such as Unilever, kicked off a reverse-mentor program late last year where children ages nine to 14 of JWT executives are brought in to work on specific projects for clients, with the thinking that young people understand the digital world better than many in the work force.”

What do you think?

Is this cool or creepy?

Out With The Old, In With The… Wait, Is Anything At Google Old?

Wednesday, January 26th, 2011

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credit: loiclemeur

Businesses need experienced leaders to succeed. Businesses need young talent to succeed. So what happens when there’s only room for one CEO?

  • Internet companies like Google have traditionally been small, nimble, and young. But Google has grown up. A lot. So much so that the size of its bureaucracy (read: paper-pushers) has started to limit how fresh and creative it can be.
  • So Eric Schmidt, the guy who has been CEO and providing “adult supervision” is being replaced by Larry Page, a Google co-founder.
  • Many Google employees, frustrated by business issues getting in the way of innovation, are hoping the executive switcharoo will be just what the company needs to ramp up its new product development. But can the founder run a company with more than 20,000 employees?

Facts & Figures

  • Larry Page is responsible for the algorithm that made Google the most powerful search engine on the net
  • He also oversaw the development of Gmail and Google’s Chrome browser
  • He was CEO for the 5 years after Google was founded in 1998

Best Quote

“Larry’s style is going to be different [than Mr. Schmidt's], but he has amazing instincts around developing products and is a tireless champion for improving users’ experience.” – David Scacco, Chief Revenue Officer, MyLikes, former Google employee

What do you think?

Do you think you could do a better job than your boss or parents? Is a new CEO enough to make an established company compete with new successes like Facebook, Twitter, and Tumblr?


Eight Months After Gulf Oil Spill, Halliburton’s Earnings Doubled

Wednesday, January 26th, 2011

oil-field.jpg
credit: cjc4454

How is THAT possible? Well, the news won’t tell you everything about a company’s health. For that, we turn to our old friend the earnings report…

  • Permits to drill are still hard to come by in the oily Gulf of Mexico, but increased drilling on dry land gave Halliburton a boost in the last quarter of 2010.
  • The high price of oil also helped; at $90 a barrel, oil collectors had more cash on hand to expand their onshore operations.
  • Halliburton is the world’s second-biggest oilfield services company, but still one of the cheaper stocks in the oil industry. Even with bigger-than-expected profits, it faces stiff competition from rivals. Oil is, after all, a finite resource.

Facts & Figures

  • In the last three months of 2010, Halliburton’s revenue increased by 80%
  • Net profit (the money that remains after debts and taxes are subtracted from gross profit) was $605 million in the 4th quarter, up from $243 million at the end of 2009
  • In 2011, Halliburton plans to increase the number of employees working on oil projects in Iraq to 1,200

Best Quote

“It’s still the cheapest of the large-cap diversified (oilfield service) companies.” – Kurt Hallead, Analyst at RBC Capital Markets

What do you think?

What would your earnings report look like for the last quarter 2010? Would it reflect financial disasters (or successes!) from earlier in the year?

Filmmaker Kevin Smith Calls For “Indie 2.0” With A New Self-Released Film And A Lot Of Free Publicity

Tuesday, January 25th, 2011

“(Reuters) – Film director Kevin Smith has unveiled a plan to self-release his new “Red State” at the Sundance Film Festival, after facing down protesters that brought him publicity money can’t buy.”

What do you think?

Do you think Kevin Smith can bring back the low-budget independent film – now that “indie” has become overrun with expensive actors and spendy producers?

When You Think “Activism,” Is Corporate Strategy The First Thing That Comes To Mind?

Tuesday, January 25th, 2011

“On Monday J.C. Penney said it would add Mr. Roth and hedge fund manager William Ackman to its board, news that sent its stock up 7%. The pair, who have a track record of buying big stakes in companies and then pressing them to make strategic changes, surprised markets and Mr. Ullman Oct. 8 by saying they had amassed a 27% holding in the retailer.”

What do you think?

When you think of activism, is corporate strategy the first thing that comes to mind? Would you be willing to invest in a company that has taken a step toward major changes in the way it operates?

Animal-Vehicle Accidents Cost $8 Billion A Year, But Designers Have Found A Sustainable Solution

Tuesday, January 25th, 2011

“WASHINGTON – At a picturesque spot in the mountains near the ski resorts of Vail and Breckenridge, Colo., two streams of traffic converge: people driving east and west on Interstate 70, and animals – black bears, cougars, bobcats, elk and deer – headed north and south to feed and mate. When they collide, the animal is almost always killed and the vehicle badly damaged, even if the driver is lucky enough to escape injury.

The obvious solution is a bridge or a tunnel for the animals, but how do you build one they will use?”

What do you think?

Do you think wildlife bridges should be paid for by the government, or by nonprofit interest groups like the one that sponsored this design project? Have you ever been in an accident involving a wild animal?

Bank Bargains? Bank Share Prices Sooooo 2009 While Other Industries Soar

Monday, January 24th, 2011

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credit: Toni Birrer

Stock market investors have been enjoying the biggest rally in five years – except for investors in banks. Bank stock prices – already stuck at 2009 levels – took hits as reported earnings from last year for big banks like Citi and Goldman Sachs failed to wow.

  • Each quarter, publicly-traded companies are required to report their earnings to investors. This is the time of year when we get an inside look at how different companies, industries, and economies are really doing.
  • Though banks reported big profit increases, it wasn’t enough to wow (or woo) investors.
  • While some investors see an opportunity, others are waiting-and-seeing.

Facts & Figures

  • The last time investors could buy bank stocks at these prices was March 2009
  • Back then the economy had been in a recession for about 14 months, and the S&P 500 was at a 12-year low
  • But all that has changed: the 500 companies tracked by the S&P500 index gained an average of 30% in 2010

Best Quote

“What everyone is waiting for is a sign that the companies are really back, that they’re really on their feet again and can survive without continued government support and subsidy.” – John Carey, Money Manager at Pioneer Investments

What do you think?

Do these low prices make you want to invest in a bank right now? What would you need to find out before deciding? Answering these questions can help you figure out your risk tolerance, which is essential for any young investor. This will help, too.