<April 4, 2012> Not content to simply dominate a virtual world, Google has long been rumored to be working on a technology that will allow it to move into the real world. Today, Google revealed the widely-rumored product that it calls “Project Glass.” Project Glass is a technology that uses glasses and micro-projectors to allow it to “augment” your real world by super-imposing images and graphics on the glasses such that the image floats in front of you. [Read more…] about Google Reveals Its Much-Rumored Augmented Reality Glasses
Archives for April 5, 2012
The Top Ten Leadership Lessons of Amazon’s Jeff Bezos
<April 4, 2012> In an upcoming issue of Forbes magazine, entrepreneur Jeff Bezos will be profiled and analyzed as the technology-industry’s leading “philosopher-CEO.” As part of this coverage, Forbes contributor George Anders solicited the rule-breaking CEO’s lessons of leadership. [Read more…] about The Top Ten Leadership Lessons of Amazon’s Jeff Bezos
Best Buy Bombed by Wall Street as Word Comes Its Bonds May Get Rated ‘Junk’
<April 4, 2012> Best Buy Co. may be starting to feel a little like Rodney “I don’t get no respect” Dangerfield as Wall Street reacted strongly to news today that Standard and Poor’s may drop the industry’s largest retailer’s bond rating to “junk” status. As word leaked out, Best Buy’s stock dropped 2.55%, more than twice the rate the overall Dow dropped. [Read more…] about Best Buy Bombed by Wall Street as Word Comes Its Bonds May Get Rated ‘Junk’
Nortek’s Losses Increased in 2011, But Company Says Q4 Results are Encouraging
<April 4, 2012> In financial results filed with the SEC at the end of last week, Nortek, Inc. said fiscal year 2011 (year ending December 31, 2011) saw a substantial sales increase of 12.7% from $1.899 billion in 2010 to $2.141 billion last year. However, the company reported that losses also increased from 2010’s $13.4 million to last year’s $55.9 million. Still, the company feels there’s cause for optimism as fourth quarter results improved substantially over the fourth quarter of 2010. [Read more…] about Nortek’s Losses Increased in 2011, But Company Says Q4 Results are Encouraging