Google works on launching retail stores
- last year completed its acquisition of Motorola Mobility; even though Google wants Motorola to succeed as a device maker, the company is being careful not to appear to favor Motorola over other device makers — Samsung, Sony, etc.;
- there would a lot to display for Google in its own retail stores: home-entertainment devices, Chromebook laptops, Google Glass, Google TV software;
- Apple has about 400 retail stores world-wide, generating $10 billion in annual sales; Microsoft has opened about 300 full-fledged stores and is developing another 11 stores.
- $23 billion acquisition of Heinz; the role of 3G capital, which has a reputation for cost-cutting and layoffs (as in Burger King);
- a classic private-equity turnaround in which better management improves the value of a business v.s. rapacious capitalists;
- the usual media critics of private equity are ignoring 3G’s takeover history, perhaps because of the role Mr. Buffet, the billionaire patron saint of taxing the rich; the deal is even being portrayed as one sign of the return of business animal spirits and a healthier economy;
China’s Yen for currency appreciation
- Pushing up the yuan helps stave off imported inflationary pressure;
- higher inflows through the trade account add to pressure for the yuan to rise;
- the pressure on China’s exporters from Japan’s falling yen is limited — Japan high-end, China low-end manufacturing;
- Seoul’s inaction makes sense: South Korean exporters are among the biggest beneficiaries of Japan’s spat with China;
- and also, the weaker Yen means the energy cost for Japan is rising;
- what’s more, favorable currency movement will partially help Japanese companies with overseas sales — won’t do much damage to Samsung Galaxy;
李大卫:《云图》背后
- 现代小说,一种类似照片(一目了然,轻而易举说出一本书是关于什么),另一种更像音乐(往往牵涉出懂和不懂的问题);乔伊斯《芬尼根守灵夜》;
- 乔的遗产被后人承袭:贝克特《等待戈多》、伯吉斯《发条橙子》《世俗权力》、拉什迪《午夜的儿女》等;米切尔的《云图》;
- “于是我注意到一个原本平淡无奇、无需注意的事实,即一种健康的文化,对于例外现象总是宽容的。不但宽容,有时甚至鼓励。”
- 统一后的国家既要创造和谐氛围,也要体现公正原则;
- 苏联模式的哲学是,与其让人信服不如让人恐惧;
- (麦德维杰夫)苏联文化和意识形态的垄断后果是“要求人们虚伪、顺应、愚昧和装傻,不断玩弄那种令人哭笑不得的、宗教意识般的、普遍宣誓效忠的把戏;”
- (兰德尔·彼特沃克《弯曲的脊梁》)“一个压制分歧的体系面临着无法解决的困境,它用以施加公共一致性的方法越严酷,公民们隐藏真实看法和显示许可看法的行为就越勤勉,而这个体系就越担心它的公民不站在他这边。” — 恶性循环;