Rhode Island's $75 million gamble on Curt Schilling's video game company now stands as a cautionary tale on overreaching expectations in a misunderstood industry.
Apple's chief executive is building a team capable of sustaining success over the long term. So why root for him to be fired?
Running a big company is not like running a baseball team.
We're used to calling on the managers or general managers of our favorite teams to be fired willy-nilly, and they often are, in all sports. Even though we know that long-term success comes from keeping faith with someone through the hard times, we still do it.
So why don't we have patience with Apple (AAPL) CEO Tim Cook? Obviously, it's because a lot of people have lost a lot of money over the last six months, making short-term bets on the long-term proposition that is Apple Inc.
Shares of the small-cap audio chipmaker should easily outpace the tech giant's own gains on the investor excitement that inevitably will greet release of the next Apple product.
Once people start wearing Google glasses, there will be zero privacy in public. That may be a creepy prospect, but it would have been useful at the Boston Marathon finish line.
Google (GOOG) this week started delivering the first batch -- probably a few hundred, at the most -- of its Internet-enabled eyeglasses to early adopters. Production and sales will ramp up in stages in the coming weeks until they become generally available, probably within about a year.
Now, imagine that we could shift some parts of history by a year or two. Imagine that most people in public this week were wearing Google's eyeglasses, recording all audio and video almost all the time.
Let me suggest this: The case of the Boston bombings would have been solved within minutes, perhaps seconds. With hundreds or thousands of people wearing Google glasses, hardly one movement or word acted or spoken in public would have remained unrecorded. There would be no mystery as to who did it.
Even with Apple set to enter Internet radio fray, Wall Street is beginning to recognize that Pandora enjoys first-mover advantages that make it tough to dislodge.
By and large, most tech and music websites get the Pandora Media (P) story horribly wrong.
But the tide appears to be turning.
Not only is Pandora's stock up but the news flow is relatively positive, as more stories reflect a seemingly new-found comprehension of Pandora's competitive advantages, and of the true meaning of Apple's (AAPL) all-but-certain entry into Internet radio.
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[BRIEFING.COM] The S&P 500 has inched up from its worst level of the session, but that could be overlooked considering the index remains lower by 28 points.
Today's retreat has sent the benchmark average below its 50-day moving average (1953) for the first time in a while. Specifically, the index tested, but never closed below the 50-day average on six occasions during a three-week stretch between late April and early May. Prior to that span, the S&P 500 dove below the 50-day ... More
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