Category: Business
Zuckerberg’s well deserved honor from Time?!?
Written by ForestGump
Thursday, 16 December 2010 10:02
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Really? What kind of fluff article is this? Is Time Magazine afraid to run a story on Julian Assange? Will the black government helicopters come and take them away? Actually Time has other ties to Facebook and they want to cash in on it. Here is the quote from Time Magazine. ” he was chosen for changing how we all live our lives in ways that are innovative and even optimistic.”

Facebook is an utter waste of time. It is not original or well designed. Its nice at first to stay in touch with some distant friends but after a while you have so many people on there that you don’t really want to keep in touch with and then you stop using it. The idea that it is worth billions of dollars is one of the moronic thoughts that lead to the internet stock bubble that has already burst. Yahoo do not waste your money. The AOL and Myspace buyers lost all of their investments.

Facebook changed the world how exactly? By ripping off other social networking sites? This is a poor attempt by Time magazine to appear relevant – as if Time magazine means anything to anyone anymore. I don’t read it. Facebook is an online fad and so Time thought that they might  get some attention by trying to ride the coattails of Zuckerbergs undeserved fame. Its all about sales.

Zuckerberg is an idiot for not taking the billion dollars offered by a bigger idiot willing to pay for it. He is going to end up the way of MySpace and have a worthless pile of computers when he could have retired at the age of 25.

This award is supposed to go to the person who most influenced the world (for good or bad) Shame on you Time Magazine for writing an advertorial.

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17 U.S. billionaires give away half their fortunes.
Written by ForestGump
Thursday, 09 December 2010 09:08
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I was reading an article posted on reuters about how 17 U.S. billionaires, including Facebook co-founders Mark Zuckerberg and Dustin Moskovitz, have pledged to give away at least half their fortunes in a philanthropic campaign led by Warren Buffett and Bill Gates.

Most of the comments were very good. You can tell who knows whats going on and the young idealistic people who have no clue. Saying things like; “In turn, we as consumers have an obligation to support companies that give back.” and “I don’t understand this new trend to vilify people who are successful.” and “The “rich” do not have any more or less obligation to our nation than you or me.”

My response on reuters…

Really?!? If you think these people earned their money with hard work and honesty then you are way too naive’ The facebook guy got lucky that was all. Actually Gates did also with the IBM blunder on his software rights. Bill gates should pay damages to the thousands of companies he bought up for no other reason than to shut down and reduce competition.

They are not really giving away 1/2 of their money. It goes into the foundations that they set up. Yes it does have some trickle down benefit but they provide mostly tax savings than anything else. So in the end yes its better than them stuffing it in their mattresses.

If they really wanted to help America and the rest of the world they would use their money to help stop corporate corruption in Washington. It never ceases to amaze me how people think new politicians are going to solve the economic problems when the same old big money lobbyists are still there waiting to pay them off each new re-election.

90% of the wealth in America is owned by 10% of the population. Read that again! Yeah the rich are getting richer because they buy politicians. If you think the country is hurting now wait until the Chinese quit buying our massive debt. Then watch unemployment triple what it is today.

The only solution is to make lobbying illegal and let the government run the country and not the rich elite.

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Apple up in arms over Steve Jobs figurine
Written by ForestGump
Monday, 29 November 2010 13:33
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Steve Jobs Figurine

Steve Jobs Figurine

The Hong Kong based MIC (Made in China) gadgets. Was selling a Steve Jobs figurine made with incredible detail and likeness. SJ’s outfit is his classic trademark. The black turtleneck and Levi’s 502 jeans. You could even tell his pair of New Balance sneakers while standing on an Apple Logo platform. MIC Gadgets was contacted with a cease and desist letter from apple of California. Some web sites have stated that Apple is suing MIC Gadgets, but from what I can tell its only a letter asking them to stop.

From Apple: “Unauthorized use of a person’s name and/or likeness constitutes a violation of California Civil Code Section 3344, which prohibits the use of any person’s name, photograph or likeness in a product without that person’s prior consent…”

I am not even sure if a California law can be upheld in China. Maybe the Hong Kong legal rules are a bit different than mainland China. But Apple can not seem to stop all the iphone and ipad knockoffs that are in mainland China nor Hong Kong.

However the letter has scared them enough to stop selling the figurines at 300 units. They were selling for $79.90 USD with free shipping. The toy had gained much attention on the Internet, with many noting how the figure was holding the iPhone incorrectly, in the supposed (death grip) that causes signal loss on the iPhone 4. This issue did not hold back customers from purchasing the figure, which sold out completely.

M.I.C gadget apologized to Steve Jobs, and Apple.Inc for any inconvenience. For the full story and more pictures you can view them at the MIC gadget Site For now the Steve Jobs Action Figure has been taken off the market.

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