Nouriel Roubini explains the Bear Stearns fiasco in this opinion "A Generalized Run on the Shadow Financial System".
Amen, sir. No corporate welfare for douche incompetent fiscally moronic investment bankers!
Roubini's recommended policy is excellent "If a bail out should occur this is a fiscal policy action that should be decided by Congress after the relevant equity holders have been wiped out & senior management fired without golden parachutes and huge severance packages"
Thursday, April 17, 2008
Wednesday, April 16, 2008
Aras, open source PLM app vendor
This private Boston software company Aras, supposedly was an existing proprietary PLM app vendor with real existing customers, that changed to an free open source model, meaning the software license cost is free for new customers. Existing customers get free maintenance for a certain time frame.
The article claim Aras now makes its revenue from annual maintenance fees.
It said the app is only available on Microsoft (MS) infrastructure (Windows OS & SQL Server database). Since MS is so huge, I wouldn't be surprised if Aras gets some corporate welfare subsidies from MS, if nothing else for MS to point out a successful example of their involvement of open source.
Obviously it would be better if Aras also supported a LAMP open source infrastructure software stack, but this is still a good step IMHO.
I think this trend for open source business app software would be good for customers, and for the "real work" departments of a software vendor (software development, consulting/implementation, customer support, etc. Too much cost, time, & effort is wasted in an app software sales cycle.
The article claim Aras now makes its revenue from annual maintenance fees.
It said the app is only available on Microsoft (MS) infrastructure (Windows OS & SQL Server database). Since MS is so huge, I wouldn't be surprised if Aras gets some corporate welfare subsidies from MS, if nothing else for MS to point out a successful example of their involvement of open source.
Obviously it would be better if Aras also supported a LAMP open source infrastructure software stack, but this is still a good step IMHO.
I think this trend for open source business app software would be good for customers, and for the "real work" departments of a software vendor (software development, consulting/implementation, customer support, etc. Too much cost, time, & effort is wasted in an app software sales cycle.
Tuesday, April 15, 2008
Pete Rosenberg interviews Questlove
Pete Rosenberg interviews Questlove
Check the end where Questo shows his "man purse" full of multiple terabytes of music on multiple portable hard drives. Damn son, I thought I had too many random GB of data!
Check the end where Questo shows his "man purse" full of multiple terabytes of music on multiple portable hard drives. Damn son, I thought I had too many random GB of data!
Uyger goes in on the "Obama is elitist" meme
Cenk Uyger goes in & destroys the nonsense rightwingnut/H Clinton "Obama is elitist" meme. Classic.
Sunday, April 13, 2008
Kurzweil: Making the World A Billion Times Better
Computer scientist/entrepreneur/futurist Ray Kurzweil has an editorial predicting that computer science/information technology will help the energy & medical problems greatly in the next few decades.
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