Tag Archives: business

About Bank Transfer Day….

Big Banks and Small Customers

You do not hurt large banks by withdrawing your own (small) accounts. Really. On the contrary, you’re doing them a huge favor, and making them more efficient and more profitable.

More details at Why Bank Transfer Day actually helped banks.

This is consistent with what I learned in the 18 years I was employed by large banks.

Google learns from its mistakes

Privacy experts praise Google+ rollout so far via Slashdot.

Does this mean Google is “better” than Facebook. Perhaps marginally. However, the fundamentals are the same: These “free” internet services are offered by for-profit companies. Their purpose is to make money for their stockholders, and they are going to do it one way or another. As I posted in in January:

“if you’re not paying for something, you’re not the customer; you’re the product being sold”.

Apple turns the screws

Apple wants 30% of Kindle App ebook sales

It’s quite amazing how unpopular the move is. Even people on Apple sites are against it.

It’s all rather strange – Unless you consider the fact that people who are reading are not doing things Apple wants them to do i.e. watch movies, grow stupid, become consumers, watch TV, etc.

Books turn brainwashed consumers into free thinkers, and that might be the last thing Apple wants.

More, including comments (many NSFW), at Apple responds: we want a cut of Amazon, Sony e-book sales.