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Current Topic: Business

Energy Market Manipulation and Federal Enforcement Regimes
Topic: Business 7:04 am EDT, Jun  3, 2008

George Soros is in the house (the Senate, actually). Word is he'll be talking about The Next Bubble.

The hearing will examine energy market manipulation and federal enforcement regimes. The hearing will also consider the current state of the oil and gas markets and their impact on consumers, as well as solicit testimony and discussion as to the key factors the Federal Trade Commission should incorporate into its upcoming rulemaking on its new responsibility to prevent manipulation in the wholesale oil and petroleum distillate markets.

Energy Market Manipulation and Federal Enforcement Regimes


The Human Hands Behind the Google Money Machine
Topic: Business 7:05 am EDT, Jun  2, 2008

If Google were the United States government, the data that streams onto Nicholas Fox’s laptop every day would be classified as top secret.

Mr. Fox is among a small group of Google employees who keep a watchful eye on the vital signs of one of the most successful and profitable businesses on the Internet. The number of searches and clicks, the rate at which users click on ads, the revenue this generates — everything is tracked hour by hour, compared with the data from a week earlier and charted.

“You can see very, very quickly if anything is amiss,” said Mr. Fox, director of business product management at Google.

Mr. Fox and his “ads quality” team can also quickly see whether something is working particularly well. His group’s mission, to constantly fine-tune Google’s ad delivery system, has one overriding objective: show users only the ads they are most likely to be interested in and click on.

The Human Hands Behind the Google Money Machine


All Together Now?
Topic: Business 7:05 am EDT, Jun  2, 2008

It’s the rare C.E.O., of course, who’s comfortable presiding over a shrinking empire, and running a public company creates a bias toward action, if only as a way of convincing investors that you recognize your problems and are dealing with them. But history suggests that, when it comes to mergers, the best response is often to just say no. In effect, deals like the CNET acquisition are a bit like an aging outfielder taking steroids in order to stave off the boobirds. The difference is that steroids usually work.

All Together Now?


Netflix Gambles on Digital Delivery
Topic: Business 10:02 pm EDT, May 31, 2008

In an echo of dotcom days, DVD-by-mail leader invents a metric to appease worried shareholders. Will Microsoft save the company in the end?

Netflix Gambles on Digital Delivery


High-speed rail solution for chronic sky troubles
Topic: Business 8:15 am EDT, May 28, 2008

Since the Wright brothers, Americans have viewed the airplane as the future and trains as the past. These days, it looks more like the other way around. If we were meant to fly, we weren't meant to suffer this much for it. If we mean to get somewhere, we'll develop a high-speed rail system.

High-speed rail solution for chronic sky troubles


End-of-the-World Trade
Topic: Business 7:02 am EDT, May 23, 2008

Donald MacKenzie:

Of course, the credit crisis has increased the risk of systemic economic failure. But the existence and rising price of the end-of-the-world trade indicate something beyond that. The crisis isn’t just about the bursting of the US housing bubble and dodgy sub-prime lending. Nor is it merely a reflection of the perennial cycle in which greed trumps fear to create a euphoric disregard of risk, only for fear to reassert itself as the risk becomes too great. What is revealed by the end-of-the-world trade is that the current crisis concerns the collapse of public fact.

End-of-the-World Trade


The Computer Industry Comes With Built-In Term Limits
Topic: Business 7:02 am EDT, May 21, 2008

MATHEMATICIANS have long tried, and failed, to solve the Riemann Hypothesis, a stubbornly unyielding math problem. Good luck to whoever tries to figure it out. For the first correct proof, a $1 million prize will be awarded by the Clay Mathematics Institute.

Similarly, two successive Microsoft chief executives have long tried, and failed, to refute what we might call the Single-Era Conjecture, the invisible law that makes it impossible for a company in the computer business to enjoy pre-eminence that spans two technological eras. Good luck to Steven A. Ballmer, the company’s chief executive since 2000, as he tries to sustain in the Internet era what his company had attained in the personal computing era.

The Computer Industry Comes With Built-In Term Limits


CSI: Target
Topic: Business 7:08 am EDT, May 19, 2008

Their crime lab would count as sophisticated if run by a police force. But this one, incongruously, is owned by a retail chain. The $63 billion (revenues) Target got into forensics as a way to combat shoplifting and such crimes but has taken its skills far beyond the department store. Its seven-person team of investigators, most of them former law enforcement officials, spend 70% of their time fighting theft, fraud and personal injury cases involving Target's 1,600 stores. But the lab is also frequently tapped by city, state and federal law-enforcement agencies, including the Los Angeles Police Department and the Federal Bureau of Investigation, to solve big cases.

CSI: Target


Disconnecting Distraction
Topic: Business 2:58 pm EDT, May 18, 2008

Paul Graham:

Procrastination feeds on distractions. Most people find it uncomfortable just to sit and do nothing; you avoid work by doing something else.

So one way to beat procrastination is to starve it of distractions. But that's not as straightforward as it sounds, because there are people working hard to distract you. Distraction is not a static obstacle that you avoid like you might avoid a rock in the road. Distraction seeks you out.

Disconnecting Distraction


Structured Procrastination
Topic: Business 6:41 am EDT, May 16, 2008

I was sure I'd recommended this before ...

I have been intending to write this essay for months. Why am I finally doing it? Because I finally found some uncommitted time? Wrong. I have papers to grade, textbook orders to fill out, an NSF proposal to referee, dissertation drafts to read. I am working on this essay as a way of not doing all of those things. This is the essence of what I call structured procrastination, an amazing strategy I have discovered that converts procrastinators into effective human beings, respected and admired for all that they can accomplish and the good use they make of time.

Structured Procrastination


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