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Comment Re:Taxing and regulation (Score 2) 153

That's not necessarily true. A lot of these services are successful because they can charge less and still profit because they don't have the overhead of a full time business. Renting a room or two in your house carries no downside potential. If the rooms stay empty all month, it's no different from before you signed up on AirBNB. In contrast, a hotel has substantial salary costs to cover each month. If they stay empty a whole month, they're in debt and have to make that up next month somehow.

Comment tax code issues (Score 1) 649

If this gets implemented, all of the sudden we will find out that all of these mega banks are making peanuts in net income, just as we found out that Apple pays 1% tax rate and Romney pays a mystery very low tax rate that we are not privy to know exactly.

Regardless, when we are dealing with multi-national corporations, do we want to punish them or do we want to help them? A lot of people want to punish them without realizing that they are punishing themselves in the end.

Do we want NYC and our country to be the center of big banking - providing tons and tons of high income banking jobs - or do we want to give that up to London and Hong Kong because they offer a better working environment to these MNCs?

Comment absolving themselves of responsibility... (Score 1) 223

Google knows that its business is going to get a lot harder if they actually have to take some responsibility for the information they disseminate.

They can't just cache everyone's content, scan it, link it - make billions of dollars off of it - and then tell someone else to shove it when they are asked not to distribute illegal content.

Comment Already happening (Score 2) 178

FTC is already investigating Google for anti-competitive practice, but not on this front.

They are more concerned about organic results being squeezed out in favor of Google properties. Instead of being redirected to natural results, half the first page results are taken up by ads and Google shopping properties. FTC is not keen on this, and they will supposedly sue if they don't get an acceptable agreement in place.

Comment Re:This is good for the US (Score 1) 430

You think this doesn't go on already? This is the CURRENT state of USA manufacturing already for many people, including my parents.

Yes, all 3 points.

16 hour days are considered optional overtime both in China and in the USA. Breaks are minimal and tightly controlled in both China and the USA.

Read up on Foxconn practices and you will find that they are not that much different from non-union jobs in the USA.

Comment Amazon Glacier (Score 1) 273

I'm surprised no one mentioned recently started Amazon Glacier service.

They do the same thing - probably more reliably.

The pricing is $0.01 per GB / month. pricing

But there is a 'gotcha': the service is ideal for archival storage and long term backup. It is not just for random cloud storage. Retrieval request takes 3-5 hours to fulfill and if you start downloading/retrieving too much, too often, you pay substantially more.

Comment False choice (Score 1) 397

Unless you're a single-minded baboon, can any job be that much fun after you do the same things for 8 hours per day, 5 days per week, most of the year?

It's very hard to turn fun into a job. When you start introducing the 'job', it usually starts to kill the 'fun'. You might be just trying to quantify bearability of a job, rather than actual 'fun'.

Comment Re:No surprise there (Score 1) 110

Since we are talking about mobile apps, we need to compare smartphone prevalence, not number of mobile subscribers.

In poor countries, mobile phones are very popular for a number of reasons. But most of those phones are not smartphones and won't be unless someone designs a $100 smartphone. (without contract price.)

Comment We are catching up to the 1960s... (Score 1, Redundant) 192

On Aug. 16, 1960, US military Col. Kittinger stepped from a balloon-supported gondola at the altitude of 102,800 feet to test the use of a parachute for escape from a space capsule or high-altitude aircraft. In free-fall for 4.5 minutes at speeds up to 614 mph and temperatures as low as -94 degrees Fahrenheit, Col. Kittinger opened his parachute at 18,000 feet.

The jump set records that still stand today: the highest ascent in a balloon, the highest parachute jump, the longest free-fall, and the fastest speed by a man through the atmosphere.

Video of the story

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