Categories
Life video

Remembering Michael

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This Is It, the offiical Ad/Promo video of the scheduled London concert (YouTube link)

Beat it (YouTube).

More videos (powered by YouTube, complied by Trader1688).

Pictures: Michael Jackson Life and Times by Life Magazine.

Categories
Shanghai Composite

Mr. Market turned face

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Some signs of the stock market is cracking:

1) The leaders such as Google (Nasdaq: GOOG), Apple (Nasdaq: AAPL), Berkshire Hathaway (NYSE: BRK.A, BRK.B) are retreating.

2) CIC is thinking about buying equities again, Renaissance Technologies is one option (last time CIC pulled trigger, it bought Blackstone pre-IPO at top).

3) Goldman Sach is selling. It sold a stake in ICBC recently.

4) Last but not least: US CEOs still pessimistic about economy.

Two leaders in this globe

Categories
video

Ivan Seidenberg with Charlie Rose

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Ivan is the Chairman and CEO of Verizon. Verizon (with VodaFone) owns Verizon Wireless (VZ), the No. 2 wireless carrier in the US. VZ operates the nation’s most reliable network. Ian shared his thoughts on communication, wireless industry evolution, and healthcare (a topic in heated debate in the US capital these days).

The link to Charlie Rose interview here.

Categories
Investing

Eaton Corporation

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Eaton Corporation (Wiki entry; NYSE: ETN)

Secondary offering April 2008 (24x7wallst). They offered 17.5 millions of shares at $84, and the proceedings is about $1.43 billion.

Business Overview (diversified manufacturing)
Electricity power equipment; truck powertrain & fuel systems; aerospace fuel and hydraulics systems

Categories
gadgets

Nokia 5800 XM: video playback, game, bluetooth and podcast

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I got to play more with my Nokia 5800 XpressMusic (XM) phone in the weekend. The following are the things I tried.

1) Video playback: I found there are some Nokia sample videos and a .wmv video (transferred from my PC Windows media player). Both played without problem. However, when I copied some Apple Dev movie (mpeg-4 format?), it only plays the audio.

2) Game: the Bounce game comes with the phone is a bit challenging for me, as you may know I don’t play computer or smartphone game often.

Categories
Business

Sales tax on online shopping coming?

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I read two news this week, which makes me think this is coming. Keep in mind many local governments are upside down in terms of budget and debts, any tax revenue helps. Collecting tax revenue from online merchants in remote places like Seattle (HQ of Amazon) is a convenient choice.

Expedia (Nasdaq: EXPE) tax lawsuit (source: hotel-online): from my reading, basically the dispute is around the basis of tax, we know Expedia sells hotel room at discounted rates, but the local government (Columbus, GA in this case) think it should be the listed price. I am not lawyer but I lean towards the discounted rate.

Amazon may stop doing affiliate business. Quote WSJ Amazon Threatens Cuts Over State Taxes:

The Wall Street Journal reports that Amazon.com (Nasdaq: AMZN) may stop doing business with some of its marketing affiliates over state taxes.

Categories
Web

Google finance stock screener II

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Yahoo tech-ticker

Criteria
* 20% quarterly year-over-year revenue growth
* 25% quarterly year-over-year earnings growth
* Trades at a P/E ratio below 12

Apply it in Google finance stock screener (here is the link), it finds 134 companies (this number could change as the stock price, PE ratio changes daily).

Categories
gadgets

iPhone is two years old

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Not exactly, but close enough (here is a post I wrote on June 29, 2007 when iPhone started). Today the new iPhone 3G S is on sale at AT&T store, as I understood. This time iPhone did not generate as much buzz, but I heard my favorite tech writer Walt Mossberg was also standing in line (he already has a free iPhone from Apple for review, maybe he is buying another one for his wife/girl friend). Here is his tweets:

“Just gave up on iPhone line. Have to get to work. Should have ordered online. But scored a free bottle of water.”

Categories
video

Google China put on hot seat

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谷歌, Google China, is reprimanded by CCTV (China official TV) on its prime time news broadcast, for “provide easy access to porn material in search, and harm Chinese youth”. A while ago Baidu was blamed for “placing faked medicine ads in search results”.

Video source: Tudou.

Categories
Fun Video

iPhone 3G S distribution center video

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(Update) My initial guess was wrong. If you read the introduction at YouTube, it says it’s located at Dallas Fort Worth.

(Original) Via YouTube.