| Is retail real estate about to crash?
A few months ago, there was a sense that a hot Google IPO would mean we could party like it's 1999. The coming offering was hailed as a "gutsy retro attempt to recreate the happy-go-lucky glory days of the late 1990s," by Paul B. Farrell of CBS Marketwatch. As Time's Joshua Macht left Google's IPO-obsessed headquarters, "the sun was shining brightly, the fog had lifted and it was as if the whole of Silicon Valley cried out, 'We're baaaaack.' " Now that the IPO is only weeks away, the Tech Bubble nostalgia has calmed down, and for good reason. Google may be an Internet company based in Silicon Valley. But its IPO won't be anything like a replay of the bubble heyday. If anything, it is a repudiation of the boom years. Google has rewritten the rules of IPOs in accordance with lessons learned from the 1990s.
Merrill Plans Job Cuts; Co-President to Resign: Sources
McCann has been remaking the brokerage division following O'Neal's resignation. He recently replaced a key executive in the brokerage department who was close to O'Neal, a sign people inside the firm say, of his growing clout with Merrill's new Thain-led management. Thain took the job after Merrill's board ousted O'Neal following the massive writedowns. Thain recently announced that the firm has cut 900 jobs from its work force, and more are likely on the way. .
Osteopathic hospital chosen as top local story of the year
Work continues on the Pacific Northwest University of Health Sciences on Nov. 21. The facility is the first medical school built in the Pacific Northwest in more than 60 years.GORDON KING/Yakima Herald-RepublicThis is the proposed site of the Black Rock reservoir, looking west from near Vernita Bridge. Highway 24 is the main road in the photo, intersecting with Highway 241 at the Silver Dollar Cafe at center.SARA GETTYS/Yakima Herald-RepublicCurtis King, left, is congratulated by Jim Clements on Aug. 21 after King beat Clements in the Republican primary for the 14th District Senate seat.SARA GETTYS/Yakima Herald-RepublicOfficer Jacob Murphy, second from right, with the Wapato Police Department, watches Tyrone Watlamet, right, who was arrested on a felony warrent in White Swan during a multi-agency gang task force on June 20.
Judge Orders Kucinich Included in Nevada Debate (UPDATED)
UPDATE: Glenn Greenwald explains what happened here. The complaint (.pdf) filed by Kucinich is simple and straightforward. He alleges that he had a binding contract with MSNBC once they offered and he accepted the terms of his participation in the debate, and that MSNBC's refusal to allow him to participate constitutes a breach of that contract. He also alleges that his exclusion violates the mandates of Section 315 of the Communications Act, which requires broadcasters — who operate the public airways, i.e., airways which are public, not private, property — "to operate in the public interest and to afford reasonable opportunity for the discussion of conflicting views of public importance." This doesn't explain why a state judge has jurisdiction to enforce a federal statute but it does present the facts of the case much better than the LAT story, which framed the dispute in terms of "fairness." The crux of Greenwald's post is about conservatives screaming "judicial activism" every time a decision comes out that we don't like.
Hardware EMC Readies Solid State Enterprise Level Storage Device
Technology enthusiasts understand the benefits of using solid state drives (SSD) based on flash storage technology as compared to traditional hard drives. The SSD drives are much faster thanks to not needing to spin platters or move read or write heads to retrieve or write data to the drive. EMC Corporation announced today that its latest enterprise class storage device, the Symmetrix DMX-4 system, is now compatible with SSD drives. EMC has SSD drives built to its specifications for use in the DMX-4 system. The DMX-4 system is compatible with Fibre Channel drives, SATA drives, and now SSD drives. EMC says that to match the performance of its SSD equipped DMX-4 system would take thirty 15,000 RPM Fibre Channel drives. Another big benefit of using SSD drives inside the DMX-4 is power consumption.
From today, feel free to download another 25 million songs - legally
After a decade fighting to stop illegal file-sharing, the music industry will give fans today what they have always wanted: an unlimited supply of free and legal songs. With CD sales in free fall and legal downloads yet to fill the gap, the music industry has reluctantly embraced the file-sharing technology that threatened to destroy it. Qtrax, a digital service announced today, promises a catalogue of more than 25 million songs that users can download to keep, free and with no limit on the number of tracks. The service has been endorsed by the very same record companies - including EMI, Universal Music and Warner Music – that have chased file-sharers through the courts in a doomed attempt to prevent piracy. The gamble is that fans will put up with a limited amount of advertising around the Qtrax website’s jukebox in return for authorised use of almost every song available.
Gender takes center stage in Democratic primaries
If the race was not about gender already, it certainly is now. Senator Hillary Rodham Clinton has been running for president for nearly a year. But in the past week, women in Iowa mostly rejected her, a few days before women in New Hampshire embraced her. All over the United States, viewers scrutinized television coverage for signs of male chauvinism in the race and many said they found dismaying examples. Even Democratic women with no intention of voting for Clinton found themselves drawn into the debate and shaken by what briefly seemed like a humiliating end to the most promising female candidacy in American history. The process seems to have changed a few minds. "I was really pained by the thought that her campaign really was over," said Amy Rees, a stay-at-home mother in San Francisco who will vote in the California Democratic primary Feb.
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