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Archive for the ‘Economy&Finance’ Category

And now it’s the Netherlands…

Almost every country in Europe has already been re-ranked concerning their
credit rating. Now the Netherlands are facing a withdrawal of their top-grade!
As Fitch has announced today, the Netherlands are about to be rated down
off their top grade if they’re not able to lower their debts soon.

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April 19, 2012Netspark No Comments »
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MegaUpload: Files still safe?

It seems as if MegaUpload’s files are still safe as the four parties still can’t
agree. The Hoster and Dept. of  Justice agree that the files shall be deleted
as the running costs are enormous. The attorneys of MegaUpload and the
MPAA want to keep the files. Both to use them for law-related purposes.

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April 14, 2012Netspark No Comments »
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Safe harbor: Consumer electronics?

It seems as if Sony also has problems with net profit loss. As the business
year is over now, Sony has announced that the net revenues have again
produced negative figures. Especially the TV sector is pruducing severe
losses. So Sony is taking action and laying off 11’000 people.

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April 9, 2012Netspark No Comments »
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Another setback for SOPA

So anorher early SOPA-Fighter has left the copyright-fanatic army. Paul
Brigner, who has initially been engaged by the music and movie content
industry to enforce the rollout of SOPA, finally turned against it when he got
laid off his position again.

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April 7, 2012Netspark No Comments »
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Viacom vs. YouTube

Wherever I am reading articles, it’s about lawsuits from company 1 vs company 2
Today it’s Viacom against YouTube (Google). Viacom had a lawsuit running
against YouTube for allowing broadcasts of unlicensed clips and music materials.
In 2007 Viacom filed for lawsuit agains YouTube. Since then the lawsuit has…

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April 5, 2012Netspark No Comments »
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Facebook vs. Yahoo – Part 2

As if Yahoo doesn’t have enough trouble and problems right now, it seems
as if facebook is now “repaying” Yahoo for their attempt to sue facebook for
violating 10 patents, Yahoo clamis rights for (read here). Has Yahoo filed
lawsuit against facebook, so is facebook now filing a lawsuit against Yahoo.

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April 4, 2012Netspark No Comments »
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The new skyline of New York

The new skyline of new york is raising up. But so do the costs of the project.
Originally, the costs have been estimated to a total cost of $11 billion dollars.
While One WTC is growing and finishing it’s raw buildup in mid 2012, the other
towers lack of being rented. So is Two WTC only rented on seven floors!

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March 20, 2012Netspark No Comments »
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Grey clouds over Facebook, Apple & Co.

Seems as if Apple, Facebook and 16 other companies are facing rough times.
As of today, a lawsuit has been filed from 13 private users against at the court
in Austin(TX), USA. Therefore the private users accuse Apple, Facebook,
Twitter, Electronic Arts, RIM, HP, Microsoft, Amazon and others.

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March 19, 2012Netspark No Comments »
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Inventor of Red Bull died

Chaleo Yoovidhya has died today. As the inventor of Red Bull which is today
one of the most valuable trademarks besides Coca Cola, Apple & Co., he has
invented the lemonade in the 70’s – Being popular especially to thailandic
truck drivers and workers Red Bull has been sold by T.C. Pharmaceuticals.

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March 18, 2012Netspark No Comments »
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Iceland about to neglect the Euro?

The Euro doesn’t have a chance to rest and get back it’s glory. Just now when
the economic crisis has taken down most of the icelandic finance sector, it
seems as if Iceland could need a new currency. But which one? The Euro could
be such one however Iceland seems to head for the canadian dollar…

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March 16, 2012Netspark No Comments »
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Yahoo vs. facebook

I know… most of you hate about reading some patent lawsuits. Apple, Google,
Samsung, Kodak, Microsoft… they are all involved in some lawsuits with each
other. This time, however, Yahoo is filing a lawsuit against social media leader
Facebook. Yahoo claims rights to technologies, facebook is currently using.

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March 13, 2012Netspark No Comments »
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The financial markets again…

So while the financial markets have calmed down since August 2010 when the
swiss national bank has taken action to support the Euro’s stability by putting
the reference exchange value to 1.20 CHF, it seems that new black clouds are
coming ahead to us. The dollar is going to crack the 90Rp.-barrier…

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February 24, 2012Netspark No Comments »
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Industry’s delight: Valentine’s Day

Valentine’s day, the day, where many men promise to spend the day with their dairling.
But also the industry is waiting for this day. Not only Christmas seems to be a cash cow
of the modern society. Also Valentine’s day appears to be of great importance for the
present industry. tons of flowers, lots of jewellery and tons of valentine cards are handed.

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February 14, 2012Netspark No Comments »
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Groupon again with big loss in 2011

As I have already reported about Groupon (a rebate-based shopping site) to go Wall Street,
and stated that Groupon might become one of the bubbles of the internet business, my fears
have partly been confirmed. Groupon has made a total loss of 351 million $. The owner of
Groupon blames international expansion investions for the high operational loss.

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February 9, 2012Netspark No Comments »
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Facebook about to enlist on NYSE

Just on February 1st it seems that facebook is planning their enlisting at the
NYSE. According to the 2011 financial report, the company has made $1
billion profit, according to 2010 of $606 million and $229 million in 2009.
The stocks shall fork in another $5 billion dollars for invests in facebook.

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February 1, 2012Netspark No Comments »
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Fitch strikes again!

It seems, the economy rating won’t ever come to a silence andrest. This time, the US
rating agency Fitch has lowered the ratings for Spain, Italy, Cyprus, Belgium and Slovenia.
Cyprus has been hit very hard as they have BBB- which means that they’re only one rating
step away from junk rating. Although these news being published, the Euro didn’t loose.

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January 28, 2012Netspark No Comments »
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Eastman-Kodak files for Insolvency

The traditional photo film maker and pioneer in the film industry has finally
filed for insolvency. With the 9th negative fiscal quarter, all financial reserves
have been used up. Promoted sales of patents do different companies have not
been as successful as hoped. Kodak however tries to still keep up business.

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January 19, 2012Netspark No Comments »
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Zynga looses stock market value by 6%!

As I have written just this saturday, today the stock papers of Zynga had to proove theirselves
on the market today. And the start wasn’t that good! Actually, Zynga is at 9 dollar per share.
Their deepest dip was at 8.8 dollar per share and thus 6% less than the opening value!
Okay, the NASDAQ didn’t have a good start either but it seems there’s some doubt around!

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December 19, 2011Netspark No Comments »
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Zynga, the stock market and the rates…

Well, today Zynga had to profile itself with the stock market enter they have fulfilled these days.
At a rate of 10 dollars per share, they issued 100 million shares which brought 1 billion dollars
into the pockets of Zynga, creator of Farmville & Co. Such games you play usually on Facebook.
So how will the stock perform? On monday we will see if the stock is still up to code!

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December 17, 2011Netspark No Comments »
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Samsung vs. Apple – Smile please!

Well… Christmas is in the Go and if you thought, They’re giving Apple a break
(or vice versa), then you’re definitely wrong. Samsung again tries to raise three
more lawsuits (in total 7 then) to even up with Apple, who claim 6 lawsuits
against Samsung at the moment. The patents are very trivial!

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December 16, 2011Netspark No Comments »
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Apple vs. Motorola – again!

It seems to be a black day for Apple. The courts in Germany have decided that Apple
violates a patent of Motorola that deals with GPRS. Apple still seems to be calm yet
announced to take further actions against the verdict. Apple also doesn’t see it’s christmas
business endangered although Apple is currently not allowed to release new devices.

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December 11, 2011Netspark No Comments »
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Samsung vs. Apple…

Samsung and Apple have reached a new agreement level. So Apple may sell
the iPhone 4S again in France while Samsung may sell the Galaxy Tab 10.1 in
Australia. It seems as if a long-lasting fight finally reaches an end. However
There are still some lawsuits pending… it stays interesting so far!

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December 9, 2011Netspark No Comments »
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A real expensive car trashing in Japan

Yikes! When you think of Lamborghini, Ferrari, Porsche & Co., you also think of  $$$!
And lots of them! On December 4th, 13 cars were part of an accident due to massively
speeding! Instead of driving with 80 km/h, the drivers decided to raise their speed to
estimated 150 km/h. And even the wet and slippery street did not stop them to do so!

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December 6, 2011Netspark No Comments »
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Italy in very deep financial crisis!

A rough day for the Euro is coming ahead. Within 10 days the currency will
again face a very rough wind as Italy has announced that it will probably need
400 billion(!) Euro out of the rescue bond. This is more than double the money
Greece has claimed! So what will be the result out of this?

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December 1, 2011Netspark No Comments »
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Things you’d better not do in public!

Racism, hatred… face it! Wherever you go, there’s at least someone who lives
patriotism the false way. In the following video, I was shocked about a young
woman with child complaining about immigrants and black people in London.
Delicate: She complained in a full suburb train with some black people!

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November 30, 2011Netspark No Comments »
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American Airlines near Grounding?

Many Airlines have been grounded in the past 10 years. About
200 in total! Today the third largest of them has been hit by
insolvency today. The American Airlines are well-known all over
the world, although they mostly operate US-regional flights. Continue Reading

November 29, 2011Netspark No Comments »
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This is why the music industry is hated!

Today, Universal has filed lawsuit against Grooveshark, a music streaming service.
Universal claims rights to about 100.000 songs that are available in Grooveshark’s
song library making the lawsuit monetary value up to 100 million US dollars. Crazy stuff!
The reason for Universal trying to sue Grooveshark can’t be followed as Grooveshark

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November 20, 2011Netspark No Comments »
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Steam being hacked?

Seems as if Hacking and theft of sensitivedata is getting more and more an issue these days.
This time Valve got hacked and according to Valve, a possible access to the customers
credit card data also got possible. At current, Access to the steam network is not possible.
However Steam suggests that you check your credit card account balance regularly.

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November 12, 2011Netspark No Comments »
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Standard&Poors made big mistake

Today, Standard&Poors have discredited France for a while by taking their top rating AAA
and downgrading it to AA. According to Standard&Poors, this was the result of a technical
issue where an automated system did not report proper values for France related to its
actual credit rating. France itself has started investigating in this case also.

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November 10, 2011Netspark No Comments »
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So the truth comes out…

Or how the IFPI wants us to believe why controlling the internet is good. The argument:
Child pornography. And whenever that term is evolved, some sites get on an index of some
ISP’s that block the access in total. So wht’s the most efficient way to take a site down that
publishes copyrighted material? Right: Accuse that site of broadcasting child pornography!

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November 7, 2011Netspark No Comments »
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Apple vs. Motorola

Todays news hit Apple very hard: Motorola, holder of two patents, Apple is
violationg, has reached that the sale of iPhones is prohibited in Germany. As
the christmas sale is just around the corner, this is by far the worst news,
Apple could get these days. So which patents has Apple violated anyways?

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November 5, 2011Netspark No Comments »
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Crazy U.S. economy: Groupon

So there’s Groupon as a new U.S. stock market player. The revenues flooded
700 million dollars into Groupon’s stash. Lots of money to play with and also
lots of investors that now rely on them to do something good with the money.
But why am I so sceptic about Groupon’s latest big deal? Get a load of this…

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November 4, 2011Netspark No Comments »
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