International Business Times

Steubenville's Former NAACP President Says Rape Victim Was Drunk And Willing [EXCLUSIVE]

Charles Poladian — Thu, 28 Mar 2013 10:06:12 GMT

This story has been corrected. Royal Mayo is no longer the president of the Steubenville chapter of the NAACP, a post he left in late 2010. He is currently a member of the group's Ohio executive committee but does not speak on behalf of the NAACP.

In shocking comments, the former president of the Steubenville chapter of the NAACP places the blame for the rape case that has shocked the nation on the 16-year-old victim.

Technology Focus: Cook, Whitman, Dell, Financial Engineers If Not CEOs

dzielen — Sun, 24 Feb 2013 14:50:57 GMT

On Wednesday, it will be Tim Cook’s turn to face the music when Apple Inc. (NASDAQ:AAPL) holds its annual meeting at its headquarters in Cupertino, Calif., at its famous address, 1 Infinite Loop. Chances are shareholder David Einhorn will ask to be recognized to urge defeat of a bylaws change he claims would bar Apple from dealing with its $137.1 billion cash pile.

Technology Focus: Will Tech Response To Obama's Cyber Order Echo Moon Race Challenge?

dzielen — Sun, 17 Feb 2013 14:41:42 GMT

President Barack Obama in his State of the Union address invoked President John F. Kennedy when he recalled that JFK said “the Constitution makes us not rivals for power but partners for progress.”

While Obama was referring to conflict between himself and Congress, it may be better to recall Kennedy’s 1962 challenge to go to moon "before this decade is out." That was achieved in July 1969.

Technology Focus: Einhorn Forces Apple To Deal With Cash Hoard

dzielen — Sun, 10 Feb 2013 14:59:52 GMT

Now that Apple Inc. (NASDAQ:AAPL), the most valuable technology company, faces a lawsuit and proxy fight by David Einhorn, the hedge fund manager known for value investing, the company is a technology player in a very unusual position: It’s doing very well.

Last year, hedge funds such as Daniel Loeb’s Third Point Capital and Jeffrey Smith’s Starboard Value mounted challenges against foundering companies.

Technology Focus: Times, Post, WSJ Hacked As Cyberwarriors Up The Ante

dzielen — Sun, 03 Feb 2013 15:10:21 GMT

Rather than waste their time grilling Secretary of Defense-designate Chuck Hagel about discarded positions on gays and the "Israel lobby" at his confirmation hearings last week, members of the Senate Armed Services Committee should have spent time on real threats for the 21st century: cyberwarfare.

Hagel cited that threat in his opening remarks but wasn’t asked about it.

Mayor Ed Koch Saved New York But Overstayed His Welcome

dzielen — Fri, 01 Feb 2013 14:30:29 GMT

Although he formally left office in 1990, former New York Mayor Edward I. Koch never left the public spotlight. He likely helped save the nation’s biggest metropolis from collapse 35 years ago after it nearly went bankrupt. But then he overstayed his welcome.

Technology Focus: Is Apple Another Walt Disney?

dzielen — Sun, 27 Jan 2013 15:26:50 GMT

Last week’s shareholder assassination of Apple Inc. (NASDAQ:AAPL), the most valuable technology company, which sent its shares plunging 16 percent, enough to lose the crown of most valuable company, raises the question: is it another Walt Disney Co. (NYSE:DIS)?

The two California-based pioneers in creativity share certain roots in that both were invented by people who had what Harvard Business School Professor Clayton Christensen terms “disruptive technology.”

Joe Biden Hints At 2016 Presidential Run, VP Gaffes During Inauguration 2013 Speech To State Society Of Iowa [VIDEO]

Cvand003 — Tue, 22 Jan 2013 15:36:14 GMT

Perhaps the most politically-related story to hit headlines amid President Barack Obama’s recent inauguration weekend was Vice President Joe Biden hinting toward a potential run for president in 2016.

On Saturday, Biden attended the State Society of Iowa "First in the National Celebration," where he slipped up and referred to himself as the president instead of as the vice president.

Technology Focus: Is Michael Dell On The Verge Of A Huge Mistake?

dzielen — Sun, 20 Jan 2013 14:57:35 GMT

The decision is up to Michael S. Dell. The question is whether to engage in financial engineering by taking Dell (NASDAQ:DELL), the No. 3 PC maker, into the biggest-ever technology leveraged buyout or remaining independent. A decision to take the company private in a deal valued around $23 billion could be imminent.

Technology Focus: US Falling Behind More In Patent Sweepstakes

dzielen — Sun, 13 Jan 2013 14:54:56 GMT

Last week saw the annual reckoning: International Business Machines Corp. (NYSE:IBM) said it had won 6,478 patents in 2012, more than any other company, continuing its 20-year domination of the technology field.

Only two other U.S. companies appeared on the top 10 list. The news is very good for IBM. The question is, what about the future of Corporate USA?

USD/JPY Weekly Outlook and Trading Idea

rogerbaettig — Sun, 06 Jan 2013 23:44:42 GMT

Update for: 2013-01-07 - 2013-01-13Posted on: Sunday, 06 January 2013 18:14

USDJPY: 88.14Short-Term Trend: uptrendOutlook:

Technology Focus: Cisco's Chambers Creating Legacy

dzielen — Sun, 09 Dec 2012 15:06:25 GMT

John T. Chambers has decided to base his legacy as CEO of Cisco Systems (NASDAQ:CSCO), the top provider of Internet gear, on the cloud, software and services.

The strategy will successfully fend off challenges from smaller rivals headed by Hewlett-Packard Co. (NYSE:HPQ), Juniper Networks Inc. (NASDAQ:JNPR) and China's Huawei Technologies, he said last week. It also should revive the company's diminished earnings machine.

Is Microsoft Surface Pro’s Price Too High? New Tablet May Be Too Costly To Be A Hit

lisaeadicicco — Thu, 06 Dec 2012 18:49:28 GMT

Microsoft’s Surface for Windows RT hasn’t gotten off to a stellar start. Sales for this quarter are expected to reach less than 1M units, while initial predictions were set at between 1M and 2M. Microsoft’s plan—introduce an even more expensive tablet next year.

Fiscal Cliff 2013: Divided Government – Hardly The Condition To Solve The Nation’s Problems

jlazzaro — Sun, 02 Dec 2012 16:55:10 GMT

Almost a month after the historic day President Barack Obama convincingly won re-election, there’s good news and bad news out of Washington regarding the so-called "fiscal cliff" talks.

Technology Focus: 20 Questions For Year-end 2012

dzielen — Sun, 02 Dec 2012 14:23:07 GMT

There's not much time before we end a sour 2012, which has largely been a muddle-through year for business and technology. So, in no particular order, here are 20 questions that might be fun to consider before Dec. 31:

1. Will the real profit center of Amazon.com (Nasdaq: AMZN) not be its e-retail apparatus or its Kindle family of tablets but Amazon Web Services, which continues to grow like Topsy and generate a far richer profit margin than the other parts of the company?

Fiscal Cliff: Time Is On The Budget Negotiators’ Side, Yes It Is

jlazzaro — Sun, 25 Nov 2012 20:52:20 GMT

As outlined earlier, the so-called “fiscal cliff” isn’t really a cliff, but a slope.

Technology Focus: Can HP Find Excellence Again?

dzielen — Sun, 25 Nov 2012 14:23:00 GMT

Thirty years ago, management consultants Tom Peters and Robert Waterman penned the business bestseller “In Search of Excellence: Lessons from America's Best-run Companies.”

One of those companies was Hewlett-Packard (NYSE: HPQ), then the biggest maker of instruments and analytical tools, with a new line of high-speed computer workstations, PCs and printers.

Peters and Waterman lauded the practices of the Palo Alto, Calif., company, whose co-founders, Bill Hewlett and David Packard, two Stanford University graduates with degrees in electrical engineering, were still alive.

Low Wage Growth During Great Recession Could Have Been Much Worse, Fed Study Finds

e.melendez — Tue, 20 Nov 2012 12:14:31 GMT

Are you a 30-something middle manager who’s held fast to your job the past four years even as friends and colleagues kept getting pink-slipped, and are working twice as hard without even thinking of asking for a raise? Are you a late-career professional laid off in 2008, forced to accept a position that makes 30, 40 or 50 percent less than your previous job?

Fiscal Cliff 2013: The Bigger US Problem Is Unemployment, Not The Deficit

jlazzaro — Sun, 18 Nov 2012 18:39:09 GMT

So far, IBTimes.com has not put up a “fiscal cliff countdown clock” on its front page, and it’s probably just as well.

Technology Focus: Looks Like 2013 Will Be A Rough Ride

dzielen — Sun, 18 Nov 2012 15:07:03 GMT

We should have known: 2012 on the Chinese Zodiac calendar has been the Year of the Dragon. Too bad it's followed by the Year of the Snake.

Now that forecasts for technology shipments for the year are nearly complete, there's reason to be wary. Third-quarter chip sales were only $74.8 billion, down 4.7 percent from last year in what Semiconductor Industry Association President Brian Toohey termed “a choppy global environment.”

Who's Next For Beleaguered Long Island Power Authority? Gerstner? Suozzi? Zarb? Petraeus?

dzielen — Wed, 14 Nov 2012 14:41:10 GMT

As a customer of Long Island Power Authority -- now known to all as the worst-run utility in the U.S. -- I was thrilled to see acting CEO Michael Hervey has quit. LIPA probably needs to be blown up before it can be saved.

Still, let's hope New York Gov. Andrew Cuomo doesn't botch the opportunity to make some changes at both LIPA as well as in the 80-year-old laws concocted by Gov. Alfred E. Smith and his Park Commissioner, Robert Moses, to create “authorities” that govern the life of many New Yorkers.

Euro Zone Crisis: Europe Now Experiencing Sub-National Demands For Political Autonomy

jlazzaro — Sun, 11 Nov 2012 21:32:17 GMT

The effects of the euro zone crisis are being felt across the political landscapes of Europe’s beleaguered nations. The European Union, originally intended as a project of integration to bring countries and economic regions together, is now witnessing regional demands for greater political autonomy or outright secession that will only serve to weaken the political institutions of Europe’s member states and the unity of the continent.

Technology Focus: Implications Of Superstorm Sandy

dzielen — Sun, 11 Nov 2012 15:02:47 GMT

Living in Nassau County, N.Y., for the past two weeks has been a nightmare. Put simply: There's no power. The Long Island Power Authority has illustrated its utter incompetence in getting electricity back to more than 200,000 customers, or about 20 percent of them.

Election Day 2012: An Upper East Side Story

gooch7 — Tue, 06 Nov 2012 19:48:01 GMT

Four years ago, the line of voters at my local polling station on the Upper East Side of Manhattan snaked around at least two or three blocks, suggesting massive interest in the election between Barack Obama and John McCain.

Long Island Eye: Freezing In The Dark – Again

dzielen — Mon, 05 Nov 2012 20:44:39 GMT

We eastern bastards are freezing in the dark – again – on Long Island, where Charles Lindbergh took off for Paris from Roosevelt Field, Nicola Tesla conducted many of his most famous experiments with electricity and Robert Moses built Jones Beach, the World's Fairs and all the parkways that connect us.