Technology - Alexis Madrigal - Sorry, Young Man, You're Not the Most Important Demographic in Tech Despite companies' hamfisted, male-focused marketing efforts, women are the dominant users of a wide variety of new technologies. A young man contemplating his decreasing significance on the world stage (Shutterstock/Tracy Whiteside). If you're a man between the ages of 18 and 35, you used to be tech industry's most coveted prize. I hate to tell you/us, but we're not as important as we thought. It turns out women are our new lead adopters. Sit with this for a minute. Internet usageMobile phone voice usageMobile phone location-based servicesText messagingSkypeEvery social networking site aside from LinkedInAll Internet-enabled devices E-readersHealth-care devicesGPS Also, because women still are the primary caretakers of children in many places, guess who controls which gadgets the young male and female members of the family get to purchase or even use? Furthermore, most consumers don't own devices just by themselves, those devices exist within social networks. Bell concludes:
Boost for BlueGen as power home generator wins concession Innovative solutions . . . Andrew Neilson, right,and managing director Brendan Dow of Ceramic Fuel Cells Photo: Paul Jones Christopher Jay ACSIRO-originated, Melbourne-based producer of micro fuel cell power generation units, which generate electricity from natural gas, will be a big winner from a landmark decision by the Victorian government to extend small-scale electricity feed-in tariffs beyond the traditional solar and wind turbine power techniques. Victorian clients of Ceramic Fuel Cells Ltd, which sells dishwasher-sized 1.5-kilowatt units under the trade name BlueGen, will from January 1 be eligible for a net feed-in tariff of 8¢ per kilowatt hour for surplus power delivered to the electricity grid. Like other state governments, the Victorian administration has cut back heavily on the lavish 60¢ a kilowatt hour feed-in tariffs offered to home owners in the first flush of enthusiasm for solar panels, or small wind turbine generation units.
Revisiting the 1987 Crash Rob Fraim is a reader who puts out his own amusing comments each week via email. On the 22th anniversary of the 1987 stock market crash, he put out his recollections from that day, and we are republishing them today, the 20th anniversary of Black Monday. I found them so interesting that I suggested Rob (who is blogless) post them here. Yes, I was, and yes I do. I was having dinner last week with a friend who runs a hedge fund (another graybeard, although he looks younger than me) and we ended up talking about 1987. So I thought I would take a moment to reflect on my own Crash Experience – and perhaps some of you will share your October 19, 1987 story (provided you’re not a whippersnapper who would be relating what was on freakin’ Sesame Street that day! “What I Did During the War (or What Felt Like One Anyway)” or…“Dr. I was 29 years old, 4 years in the business, with two young children. “You need a new house” he said. We closed on the house on October 1, 1987. “Don’t know.”
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Our technology future - Future Tense - ABC Radio National Antony Funnell: And wherever you are in the world, this is Future Tense, I'm Antony Funnell, you're you, welcome to the show. Only three guests on the program today, but a banquet of ideas and lots to get your head around. Usman Haque is back to talk about Cosm, a website that aims to get people and their devices exchanging data and ideas in the one space. Don't worry, I'll explain more shortly. Professor Dan Sarewitz is also with us to ponder what it means to be human in a world where humans themselves are increasingly technologically modified. And Intel's Genevieve Bell: middle aged women, she says, are at the forefront of digital change, not the young. Our website is abc.net.au/radionational/programs/futuretense, and on Twitter we're RNFuturetense, all one word. Several weeks ago we ran a program on young people and technology with the message that often the hard facts of that relationship don't match the marketing hype or the spin from the technology companies.
Suncorp Hybrid raising The man behind Mad Men Mad Men creator Matthew Weiner is the slightest bit touchy about his reputation as a control freak. Personal data held by ACCC leaked Australia’s competition regulator has been hit with an embarrassing security lapse after its confidential email subscriber list was leaked online. How Millennial are you? Take Pew Research’s quiz to determine on a scale of 0 to 100 your generation and whether you’re more Millennial than you think.
Art Cashin On The 25th Anniversary Of 'Black Monday' From Art Cashin of UBS Securities On this day (+1) in 1987 (that's 25 years ago, if you are burdened with a graduate degree), the NYSE had one of its most dramatic trading days in its 220 year history. It suffered its largest single day percentage loss (22%) and its largest one day point loss up until that day (508 points). No one who was on the floor that day will ever forget it. While it was an unforgettable single day, there were months of events that went intoits making. The first two-thirds of 1987 were nothing other than spectacular on Wall Street. Fear seemed to disappear. One thing that also helped banish fear was a new process called "portfolio insurance". The rally topped out about August 25th with the Dow hitting 2722. Treasury Secretary Baker began a rather open debate with the Germans on the relationship of the dollar and the Dmark. On Wednesday, October 14th, there were widely discussed rumors of a new punitive tax on takeover profits.
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10 signs the writing’s on the wall Dominic White From Enron to Hastie Group, equity investors always rank lowest among creditors trying to recoup money from companies that collapse. Shareholders are often left with nothing except embarrassment, impotent rage and the burning question: “How did I misread the signs?” Michael Ryan, managing partner of Taylor Woodings, says the accountancy firm keeps a list of 20 or 30 warning signals that a company that is heading for trouble. 1. Debt, and a company’s inability to pay interest on it, is at the root of every business failure. 2. Beware of rats leaving a ship: they know it’s sinking before you do. 3. “When I walk into a business and there are brand new company cars, the best computer systems and high-end furnishings, I always start to worry,” says one insolvency expert, who asks not to be named. 4. It’s been the hubristic downfall of many a CEO. 5. 6. 7. Like most things, profit warnings tend to come in threes. 8. 9. 10.
RATE falls will spur innovation PIMCO The man behind Mad Men Mad Men creator Matthew Weiner is the slightest bit touchy about his reputation as a control freak. Personal data held by ACCC leaked Australia’s competition regulator has been hit with an embarrassing security lapse after its confidential email subscriber list was leaked online. How Millennial are you? Take Pew Research’s quiz to determine on a scale of 0 to 100 your generation and whether you’re more Millennial than you think.
'Black Monday' Haunts Market, 25 Years On Copyright © 2012 NPR. For personal, noncommercial use only. See Terms of Use. For other uses, prior permission required. This is TELL ME MORE, from NPR News. I'm Michel Martin. But first, tomorrow is the 25th anniversary of what is known in financial circles as Black Monday. UNIDENTIFIED MAN: Stocks plunge in a near freefall as the Dow Jones Industrial Average loses more than 508 points to close at 1738.74, an unprecedented volume of 604 million shares. MARTIN: It was the steepest drop in the stock market since 1929. Roben, welcome back. ROBEN FARZAD: My pleasure. MARTIN: So could you put this into some context for us? FARZAD: Well, I'll tell you how I was there. FARZAD: I just remember back then, that this was obviously leading up the evening news. What's amazing about it, though, is when you look back with the benefit of 25 years of hindsight and you look at it on a chart, it's such a tiny, little blip considering everything else that we've gone through. MARTIN: So what about now?
Deloitte busts $1bn revenue barrier Giam Swiegers, Deloitte Australia CEO ... the firm’s revenue has made it the country’s second-biggest accounting firm. Photo: Peter Braig Agnes King Deloitte Australia has cracked the $1 billion revenue barrier and upset, temporarily at least, the ranking of the big four accountancy firms. It leapfrogged Ernst & Young and KPMG to become the country’s second-biggest accounting firm behind PwC. Deloitte posted income of $1.1 billion for the 12 months to May 31, up 18 per cent, in a tough year for professional services firms. Consulting was the growth engine. How long-lived Deloitte’s elevated position will be won’t be certain until PwC, KPMG and EY close their financial years on June 30. Without disbursements, Deloitte’s income for fiscal 2012 was $1.05 billion, up 13 per cent. “The investments we’ve made in economic knowledge – the Access Economics and SAHA International acquisitions – have been an unbelievable success,” he said. The firm has appointed 61 new partners.