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Comment: Effects on loyalty (Score 1) 235

by spenvo (#35894372) Attached to: Google, Microsoft In Epic Hiring War
From an old business classic, Loyalty Effect, Frederick Reichheld's approach to employee loyalty is refreshing: sniping high quality talent from other firms is unfair to loyal employees and sends the wrong message: that the best way to make money is to hop firms. Google, Microsoft and Facebook are setting a precedent that will lead to short sighted hiring cycles and tension among colleagues.

+ - Gavin Andresen of Bitcoin.org talks about escrow->

Submitted by spenvo
spenvo (2023114) writes "Clearcoin addresses a pressing need within the Bitcoin community: the need for escrow. That is to say, how can commerce flourish when a seller isn’t sure if the buyer actually has the money for the transaction? (until after his goods are shipped and recieved.) As you could imagine, without escrow, doing business in BTC is awkward to say the least.

The key behind any escrow service is trust. Gavin may be a man worthy of it."

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Facebook

Journal: On hiring hot talent...

Journal by spenvo

From an old business classic, Loyalty Effect, Frederick Reichheld's approach to employee loyalty is refreshing: sniping high quality talent from other firms is unfair to loyal employees and sends the wrong message: that the best way to make money is to hop firms. Google and Facebook are setting a precedent that will lead to short sighted hiring cycles and unneeded office drama.

Education

+ - Crayons? Check! Elmers Glue? Check! iPad 2? Check! 1

Submitted by theodp
theodp (442580) writes "In 2004, news that Duke would provide incoming freshmen with iPods made headlines. In 2011, CNN reports that a Maine school system has voted unanimously to provide all incoming Auburn Schools kindergartners with an iPad 2. At $475 per iPad — plus things like software, training, and insurance costs — it'll cost the district about $200,000 next year. Superintendent Tom Morrill says the district will find the money in the budget and through grants. 'What we're seeing,' the Superintendent explains, 'is that this is an essential tool — even more important than a book. It's a learning tool they need to have.' Skeptical community members say the kids are too young to take care of an iPad and that they simply don't need it. Probably best not to tell them that some highly-rated software for the iPad 2 doesn't include beloved features of the circa-1992 CD-ROM adaptation."
Open Source

+ - Bitcoin Bounty Funds Animated Video->

Submitted by Blitzboom
Blitzboom (2035560) writes "The community of the Bitcoin peer to peer currency has come up with a professionally done animated video introduction funded by a Bitcoin community bounty currently worth over 6000 Dollar at current exchange rates, making it the biggest Bitcoin bounty to date, as well as being the first. The producers intend to continue with a second more technical video."
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It's funny.  Laugh.

Journal: So, my buddy stumbled upon a need...

Journal by spenvo

So my buddy Nathan was learning how to code PHP about 6 months ago. His first project was just a one off / fun web app called http://www.Natebook.com. Anyway, he knew the site would never catch on or be viable, etc. because facebook could just send him some cease and desist letters and shut it down.

+ - Bitcoin, a service and the micro-micro-economy->

Submitted by spenvo
spenvo (2023114) writes "I was drawn to this story because witcoin is a different species of web service. It exists in this kind micro-micro-payment space.

For example, in using the service I actually made the smallest transaction of money I have ever made in my life. My experience only validated what I already believed: that witcoin is lighting the way for what could be the world’s first true micro-micro-economy."

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Those who do things in a noble spirit of self-sacrifice are to be avoided at all costs. -- N. Alexander.

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