The next Japanese nuclear accident (it’s inevitable) will be even worse
This is my sixth column about the Fukushima Daiichi nuclear accident that started last year in Japan following the tsunami. But unlike those previous columns (1,2,3,4,5), this one looks forward to the next Japanese nuclear accident, which will probably take place at the same location. That accident, involving nuclear fuel rods, is virtually inevitable, most likely preventable, and the fact that it won’t be prevented comes down solely to Japanese government and Tokyo Electric Power Company (TEPCO) incompetence and stupidity. Japanese citizens will probably die unnecessarily because the way things are done at the top in Japan is completely screwed up.
Understand […]
With Facebook now public and sitting on a huge pile of cash, let’s turn the conversation to the social network’s most pressing competitor, Google. Google and Google+ don’t appear to present much of a threat to Facebook, but the game board was reset on Friday and tactics at both companies will change accordingly. Now Facebook has to find a way to grow revenue and users and will increasingly bump up against Google’s huge advantages in search and apps. For Facebook to achieve its goals, the company will have to enter both spaces with gusto.
So Facebook is now a public company but with the shares only one day old the news is already bad: Facebook shares didn’t pull a Google or a Yahoo or a Microsoft or even a TheGlobe.com and soar out of sight on IPO day. They ended right where they started pretty much after the day traders took their easy profits. And while Wall Street sees this performance as a dud, Facebook itself sees it as a masterful piece of financial engineering.
Proving once again that I am an idiot, Facebook went public this morning with neither a whimper nor a bang. Back in January I 