Renewable-energy subsidies are slashed just as China has jumped to the leading position in the market. The cuts may make China's advantage insurmountable.
Renewable energy is like any technology -- it starts out expensive and grows cheaper over time.
Money is its primary fuel; money for research, money for start-ups and money to get early versions into the market.
To fuel the new market, Western countries have created various subsidies, such as "feed-in" tariffs and loan guarantees on risky breakthroughs. It's just what we did with computing, transistors and the Internet, creating market conditions before a market exists, setting the stage for a boom.
So now that the boom is on the horizon, politicians are doing all they can to hand the fruit of this labor to China.
Heading into the enterprise software giant's latest earnings release, it appears that its share price fails to truly reflects the company's long-term value.
Say what you want about the dormant nature of enterprise IT spending: Oracle (ORCL) certainly knows how to keep things interesting.
First, the database giant surprised the entire sector with its $2.1 billion acquisition of Acme Packet (APKT). Then, a little more than a month later, the company announced its intent to pick off network vendor Tekelec.
Although the Tekelec announcement didn't push the needle in terms of media attention, the move nonetheless demonstrates how serious Oracle is to differentiate itself from cloud rivals including Salesforce.com (CRM) and SAP (SAP). But perhaps more noteworthy is this deal signals the confidence of CEO Larry Ellison and Oracle's management team to go after telecom assets to combat (among others) Cisco (CSCO).
Its mobile ordering apps have catapulted the pizza chain into the upper crust of technology-driven global brands.
With the animation studio on board, Netflix significantly diversifies the sources of its exclusive and original programming.
Netflix (NFLX) is teaming up with DreamWorks Animation (DWA) to bring TV series and movies to the streaming video service, in a deal that strengthens the company's hand in winning original content and new subscribers.
DreamWorks Animation will create at least 300 hours of original Web-only movie and TV content, in a partnership that further underscores attempts by Netflix and its CEO Reed Hastings to take on the cable TV industry. Partnering with DreamWorks indicates Netflix will be taking a multi-faceted approach to its content library, as the company picks over Hollywood for the right formula to grow its subscriber base of nearly 30 million.
In the deal, Netflix will get exclusive rights to new shows from DreamWorks hit franchises such as "Shrek," "Madagascar" and "Kung Fu Panda" and exclusive movie rights to movie releases from the Jeffrey Katzenberg-run company such as "The Croods," "Turbo" and "Turbo F.A.S.T.," the companies said in a joint press release.
With 'free WiFi' tied to your cable contract, is wireless access still a public service, or a private utility?
Four years ago, I was stuck in Chengdu, China, facing numerous deadlines back in the United States.
My solution was to turn on my computer's WiFi router, look for open connections among my new Chinese neighbors and piggy-back on them.
It worked. My copy made it to where it needed to go. I even wrote a story about it. I suggested that a "side-band" could separate the bits a subscriber was using from those the public could access, and the router could firewall a subscriber's computer from those radio signals. Voila -- free universal access to the Internet!
Comcast (CMCSA) is now doing something like that, but without the free part.
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[BRIEFING.COM] The S&P 500 (-0.1%) holds a modest loss, while yesterday's laggard-Nasdaq Composite (+0.1%)-hovers just above its flat line.
Janet Yellen's speech at the Jackson Hole Symposium was essentially a non-event as the Fed Chair revisited some of the points that have been previously made during FOMC policy meetings.
On a separate note, headlines related to Ukraine have continued crossing the wires with NATO's Secretary General commenting on a Russian troop buildup ... More
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