Prediction that easy to agree but no way out

Top Tech Predictions for 2009 - PC World

The prediction about cloud and network is easy to agree but what should IT company do. In addition, what are the impact on business after implement this IT strategy (e.g., security, privacy, contingency ...)

Where to park money

Your Money - Older Investors Should Examine the Risks in Bonds - NYTimes.com

The columnist no doubt point out the two most popular item in current time. However, it should note that yield enhance and (potential) inflation protection may offset each other. So the most critical problem is the allocation ration and timing. Without time, there is not very informative.

Interest book to read

3 best Web books of 2008 - Dec. 26, 2008
Under the financial crisis, it is interest to look at how IT leader do. At the same time, it may worth to rethink about numerical model.

No risk, no gain?

Ask the Mole: The risk of high dividends - Dec. 10, 2008

From time to time, we are told there is investment that offer above risk free rate, it that all this traps. When the interest rate drop to zero and there is potential risk of hyperinflation, where should we store our saving

Arbitrage

Arbitrage | Finding the gaps | The Economist

Just wonder if there is any arbitrage opportunity open to small investor who has little capital and no sophistical computer to monitor the market. Is this another unfair situation.

Computer with human ability

Making Computers Based on the Human Brain - BusinessWeek

We are one step closer to science fiction day. However, my impression is that the technology (nervous network) existing for quite sometime and not quite sure what the break through is

The role of Asia

Matthews Asia: Weathering Asia's Financial Crisis - BusinessWeek

It is very sad that Asia is just a place to provide low cost labor and the market of low end product of west country

Is the future of ibank in here

Islamic Finance May Be On to Something - BusinessWeek

When all those high leverage product fail, will Islamic finance rule (control leverage) become a direction for future development. Compare to setup a exchange (disclosure) of credit derivative. This will substantial affect the profit of bank

Paulson: Foreign banks can use U.S. rescue plan (Reuters)

Reuters - Treasury Secretary Henry Paulson
said Sunday that foreign banks will be able to unload bad
financial assets under a $700 billion U.S. proposal aimed at
restoring order during a devastating financial crisis.

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US finally demonstrate the role of world leader that supposed to play although we not know the detail yet.

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Difficult time of IT industry ahead

Image by Getty Images via Daylife

Week in review: Tough times ahead for tech? | Business Tech - CNET News

If the crash of wall street have this impact to IT, does it mean that the business model of IT industry is still like the dot com age. That is, make money by IPO instead of create benefit for its client

Manage intelligent worker like factory worker.

Book Excerpt: The Numerati by Stephen Baker

Besides the discussion about make employee commodity and suppress the motivation. The impact on social side should be considered. Will it stop the poor from moving up by build their own expertise.

I don't think the tool can help employee find their own value as the figure in the system is most likely to be owned by the employer. As a result, the employee can't use it to justify another job

Open source consolidation

Does open source need consolidation? | The Open Road - The Business and Politics of Open Source by Matt Asay - CNET News

The problem is how, if really try to implementation consolidation, there will be a large coordination structure and will affect innovation

Science fiction like future

- Ten Futures

Will people really be happy in such a world. Is it solely target at increase productive.

de "Mao" in China

New China? Bird's Nest replaces Mao on yuan - Beijing Olympics News- msnbc.com

Although it is a little bit sad that China only manage to take this step 32 years after Mao's dead, it is still a improvement

Security expert: DNS attacks are happening

IOActive researcher Dan Kaminsky says people are looking for unpatched DNS systems and some attacks are due to a fatal vulnerability with the DNS Web address lookup system.

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Unfortunately, the detail is not yet clear and it seen that there is nothing end user can do other than rely on their ISP

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YouTube Hack

Top 10 YouTube Hacks

Identity Thief skill

The essay demonstrate the loophole on most of the existing security system but it appears that it is not easy to prevent the same thing come across us.

How I Stole Someone's Identity: Scientific American

HSBC could order 200,000 iPhones

Such a move to replace the BlackBerry--still in the mulling stages--could see the Apple gaget "potentially be deployed, conservatively, to 200,000 people."

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Not necessarily a good news for it staff as it will most likely ban all application download except pre-installed by the company

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How to decide if the Cloud is right for your enterprise

Joe Weinman, Strategic Solutions Sales VP for AT&T Global Business Services outlined five questions you should ask yourself regarding Cloud-consumption:
1. Is demand constant?
2. Is growth predictable?
3. Can demand be shaped?
4. Where are the users?
5. Is the application interactive?

The answers to these five questions along with the big question of whether or not you need to "own" the infrastructure should help decision making.

1. In general, most demand change from time to time but the trend can be anticipate in SHORT TERM. So, it depend on how we defind constant

2. It is also a problem of time frame. May be we can measure with pay back period

3. Most demand can be shaped but it depend on the political skill of the developer

4. Even for multiple national company, there still alternative like VM, Citrix. Is this question really matter?

5. There is no difficult to find poor design UI that substantially inferior than web application. This may not be a issue either

Court: Violating Copyleft = Copyright Infringement

A federal appeals court held Wednesday that copying free software without complying with its license is copyright infringement. The ruling, which will make such licenses much easier to enforce, is a key victory for the free software community.Techdirt compare this case with the limitation on restriction on resell (e.g., movie, music, designer brand). I am a little bit more interest on the impact of adoption of outsourcing of computation service from big company. Legal issue is one of the major problem of adopt freeware and the precedence here seen make the case more complicate. Not sure when will we get a clear legal road map for this problem

read more | digg story

1936 Nazi Color Film: Berlin in the Year of the Olympics

Nazi propaganda complete color film from 1936. An outstanding portrait of everyday life in Berlin in this rare, well preserved film, with the magical feeling of the pastel colors of Agfachrome.Unfortunately, quite some people compare 1936 and 2008 ...

read more | digg story

Linux on Servers? Great. On PCs? Not So Much - Yahoo! News

Linux on Servers? Great. On PCs? Not So Much - Yahoo! News

I have a bad luck to have install a Websphere over Linux over a VMWare on window. The outcome is a nightmare, the software combination fail to properly manage time sharing in OS and the respond time of web server is unacceptably slow

奧運時裝秀

奧運時裝秀

Taste of different country

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Hasbro Learns to Spell B-O-T-C-H

The maker of Monopoly and Scrabble flubs its move onto Facebook when replacing a popular knockoff

Not sure if Facebook learn from this and they try to buy the German counterfeiter before go to court

Toxic security

Selling Toxic Debt to Seniors

Memphis broker Morgan Keegan is under fire for allegedly failing to disclose the subprime risks of seven funds

Berman lost much of the $100,000 she invested in one Keegan fund Ann States

In HK, the toxic call accumulator (joke as "I kill you later"), a exotic option that most client don't really understand the risk. One thing that not so many people discuss is whether the product is fairly price in first place. (The mathematic for pricing the security effectively prevent this discussion) and journal only focus on suitability issue.

Seasonal FX pattern, Can we profit on it

FX cross road from action forex

The essay claim discover another way to beat the FX market. Just wonder why no arbitrarge this adnormal yet. In addition, will this be tested in current voliatile market

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Commodity price

Bloomberg interview about the currnet commodity price "correction"

Besides supply and demand, is there any way to workout a theoretical price of commodity so that we can tell if we have over / under price.

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Chinese Wall Street Journal on US properly (Lost in translation)

[商界縱橫] 牛市已乘黃鶴去 此地空余爛尾樓

The content of page has nothing new but the Chinese title translation is funny. It is very sad that "good" Chinese are now not easy to find.

Strictly speaking 爛尾樓 is building that fail to complete but this essay is more on the impact of foreclose

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License (legal problem) on open source

The Pitfalls of Open Source Litigation

This may be a good news for not so competence internal IT and software vendor. The development on this area worth notice. I also wonder that most of the IT guy today don't have the necessary legal knowledge to deal with this issue. To make the case more complicate, I wonder which law (the law where the open source program was build, the user's country or somewhere else)

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A lovely girl

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Ladies419-1.jpg picture by stellasun5

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