And yet it’s more likely for customers to switch providers for Internet, pay TV, banking, and other services. Go figure.
Information Technology
Who’s to Blame for Hewlett-Packard’s Multi-Billion Dollar Autonomy Debacle?
The fallout from Hewlett-Packard’s purchase of software company Autonomy, which has turned into a multi-billion dollar debacle, keeps getting worse. Last week, after a several-months-long investigation, H.P. announced an $8.8 …
Inside Google’s Terrible, Horrible, No Good, Very Bad Day
Google stunned Wall Street Thursday by accidentally releasing its third-quarter earnings report four hours ahead of schedule. Even worse, the search giant’s financial figures came in well below analyst expectations on both …
How the ‘Maker’ Movement Plans to Transform the U.S. Economy
In his new book, WIRED editor-in-chief Chris Anderson writes that technology has “democratized the means of production.”
PayPal-Discover Pact Boosts Mobile Payments Momentum
The mobile payments/digital wallet drama now unfolding is fascinating for three reasons: First, paying with your mobile phone is the most fundamental shift in retail commerce since the credit card was invented 60 years ago. …
Walmart, Target Challenge Google, Square as Mobile Payments Heat Up
Retail titans like Walmart, Target and Best Buy are challenging tech upstarts like Google, Paypal and Square for advantage as the mobile payments space heats up.
Is It Time for Facebook’s Mark Zuckerberg to Step Aside as CEO?
Mark Zuckerberg may be a visionary, but with Facebook’s stock hitting new lows on a daily basis, it may be time for the company to find new leadership.
Renouncing Your Citizenship to Stick It to the Tax Man? Not as Easy as it Looks
To hear some tell it, we’ve got the beginning of an Ayn-Randian capitalist strike on our hands – at least amongst American expatriates fed up with writing checks to the IRS despite living abroad. Indeed, as tax attorney Jim …
Proof That Many Hackers — Call Them the Anti-Zuckerbergs — Value Freedom More Than Money
In the 1987 movie Wall Street, the character Gordon Gekko famously declared that “greed is good,” a line that has come to symbolize the darkest aspects of materialism. But the latest research from Wharton management professor …
Does Facebook’s Floundering IPO Signal a Market Top?
Facebook’s wretched stock performance over the past two weeks may reflect more than just a poorly managed initial public offering