122 karma · joined July 27, 2012
For those who won't bother, this is the TLDR version:
"Chinatown’s 80-plus produce markets are cheap because they are connected to a web of small farms and wholesalers that operate independently of the network supplying most mainstream supermarkets ... Because the wholesalers are in Chinatown, they can deliver fresh produce several times a day, eliminating the need for retailers to maintain storage space or refrigeration"
IBM does not comment on rumors or speculation. However, we’ll make an exception when the speculation is stupid. That’s the case here, where an industry gadfly is trying to make noise about how IBM is about to lay off 26 percent of its workforce. That’s over 100,000 people, which is totally ludicrous.
The fact is that IBM already announced, after 3Q earnings report, that the company would take a $600 million charge for restructuring. That’s several thousand people. Not 10,000, or 100,000. Moreover, IBM currently has job postings for more than 10,000 professionals worldwide, with more than half of them in growth areas such as cloud, analytics, security and mobile technologies. IBM’s new cloud leader, Senior Vice President Robert LeBlanc, told Fortune this week that IBM has plans to hire 1,000 cloud professionals.
A little perspective on IBM’s earnings is in order. The company still makes huge profit… $21 billion in operating pre-tax profit last year. And IBM’s “strategic imperatives” represent 27% ( and growing ) of the company’s total revenue… $25 billion in revenues, up 16 percent. We have high growth in a substantial portion of the portfolio, and those areas (CAMSS) have better-than-normal margins in areas that matter most to clients today — that’s the heart of the IBM transformation.
And the article goes on claiming that e-commerce and marketplaces, hardware, and ads are those few ways.
This can't be true considering how much money Netflix (subscription), AWS (metered pay), mobile games (IAP) are making.
Oprah Winfrey (The Oprah Winfrey Show), Jan Koum (WhatsApp), Jack Ma (Alibaba), Evan Williams (Twitter), Caterina Fake (Flickr), Hosain Rahman (Jawbone), Dustin Moskovitz (Facebook), Paul Graham (YC), Adora Cheung (Homejoy), Kevin Hale (Wufoo), Leah Busque (TaskRabbit), Brian Chesky (AirBnB), Patrick Collison (Stripe), Benjamin Franklin (USA)
Of a sampling set of people searching for Charades online, at least 25% will sign up
to check out the game.If you are too afraid to visit that link, try this one: http://pastebin.com/T2s9Vjxn