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Comment: Re:More US workers == offshoring?? (Score 1) 484 484

It could happen.
Most of the H1Bs are Indian and Chinese. Once they get domain experience in the US, they will become US-based managers for off-shore teams in India and China. Outsourcing may be rampant, but there is still bush back by American managers who have difficulties communicating with off-shore teams (language barrier, cultural differences, time difference, etc.)
Once the old-school middle management is replaced with Hindi and Mandarin speaking individuals - it's smooth sailing for outsourcing. Also, their hiring preference will be more towards hiring from/in their native county, because they are naturally more connected in their native country than the new host country.

Comment: Alarmist article... (Score 1) 323 323

Alarmist article from a big corporation to set the stage for loose regulations on chocolate so that the masses can keep getting their 99cents "chocolate" bars (aka hydrogenated fat with dark-brown solids, corn syrup, emulsifiers and natural flavoring agents, whatever other non-cocoa crap - tastes like cocoa) and the company's pockets full.

Comment: Re:what's the point? (Score 1) 438 438

If cheating is so prevalent, that a degree becomes the anti-pattern, employers would start sampling the non-degreed pool in order to identify employees who can do the job. The fact that this is not happening leads me to believe, that the whole Indian culture just doesn't care about "the work being done" and the society is content with very low productivity. This is not untypical for very stratified and nepotist societies where the piece of the pie is more important than the size of the pie.

Comment: Re:driving farther to get to work (Score 2) 187 187

Also, gentrification is a big factor - lower-middle and in certain coastal areas, middle class people are being displaced, seeking more affordable homes further from their communities and work. Although the housing market is still a mess on average, certain coastal areas have appreciated above their 2006-7 peak, due to the ultra-easy monetary policy of the Fed.

Comment: Re:How do they break even? (Score 1) 280 280

Or just make another free account in an year and have your limited number of friends switch to it. As someone else pointed out, people in the countries where WhatsApp is huge has never made an online payment in their entire live. To them $1 is just as unpayable as $100 - because they lack he infrastructure to make the payment.

Comment: Re:Developing Countries (Score 1) 280 280

It's clear that WhatsApp is proportionally popular to the cost of sending SMS, but how many of the penny-pinching users are paying customers? Or do they create new promotional/free accounts every year? How many of the 450M accounts of WhatsApp are just the same person getting a free account every year?

Comment: Re:CNN argues it's worth the money (Score 2) 257 257

The whole business model of WhatsApp is based on the premise to be purchased by a rich Internet/Social Media company. They already sold to Facebook. If they start another one against their parent company, who's going to buy them again? Running something like WhatsApp is not a sustainable profitable business - you need the LBO end-game.

He who steps on others to reach the top has good balance.