American's credit card defaults seen surging

American's credit card defaults seen surging
Consumers are getting tight on their cash and credit too.

Best money Web sites: Know your home's future

Best money Web sites: Know your home's future
Good little advice.

Judge affirms $30M judgment against eBay

Judge affirms $30M judgment against eBay
Big pay day for a small company.

Apple 2.0 Time Magazine picks gadget of the year «

Apple 2.0 Time Magazine picks gadget of the year
What an honor for Apple.

Amazon Kindle Review: Igniting Interest in E-Books?

Amazon Kindle Review: Igniting Interest in E-Books?
So many times eBook had been tried before. Let's this time if can take off.

Imeem makes music free

Imeem makes music free
Good to have more music publishers to open up their library. They may find new ways to make money too.

YouTube lets amateur videomakers into ad game

YouTube lets amateur videomakers into ad game
Individual content providers can make some money now.

How to Be a Tech Hero

How to Be a Tech Hero
This piece seems to be a good advice for helping friends with PC problems.

Microsoft to test Windows on '$100 laptop'

Microsoft to test Windows on '$100 laptop'
Microsoft is smart to get some share of the low-cost PC. It will not replace Linux, which is free.

MBIA gets $1B infusion from private equity firm

MBIA gets $1B infusion from private equity firm
So much about the housing trouble. Three blogs in a row.

UBS writes down another $10 billion due to subprime

UBS writes down another $10 billion due to subprime
Just saw another one right away. Housing slump affect more lenders.

WaMu warns of loss, slashes jobs

WaMu warns of loss, slashes jobs
Housing slump starts showing up some effects on lenders. I guess more may come later.

Home buying incentives include free upgrades

Home buying incentives include free upgrades
A pet peacock as freebies, that's cute !!!

81-year-old Scotch sells for $54,000

81-year-old Scotch sells for $54,000
This bottle of liquid worths more than gold by weight. Wow !!

The different flavors of open wireless

The different flavors of open wireless
Openness is good for the consumers at the end.

Techland How to cash in your old cell phone «

Techland How to cash in your old cell phone
There is a way to save the environment and make a few bucks. Not bad..

Carlos Slim, the richest man in the world.

Carlos Slim, the richest man in the world
His name is Slim, but his wealth is not slim at all !!

CompUSA to close all of its 103 stores after holidays

CompUSA to close all of its 103 stores after holidays
Looks like good old CompUSA is coming to an end.

JetBlue to test limited in-flight Net

JetBlue to test limited in-flight Net
This is a good start even for slower bandwidth. It will probably expand more later. Go for it ...

Ethanol Is Running Out of Gas

Ethanol Is Running Out of Gas
May be it needs to be more efficient.

Paulson: Taxpayers Should Bail Out Subprime

Paulson: Taxpayers Should Bail Out Subprime
Insiders (banks and financial institutions) helping insiders with other people's money.

We're All Getting a TiVo!

We're All Getting a TiVo!
It looks like a jackpot for TiVo.

Consumer bankruptcies up 28% in November

Consumer bankruptcies up 28% in November
Money is getting tight. Cash is king these days.

Lawmakers grill credit card industry execs over rate hikes

Lawmakers grill credit card industry execs over rate hikes
It's about time - fee and rates are way too high.

Facebook Admits Ad Service Tracks Logged-Off Users

Facebook Admits Ad Service Tracks Logged-Off Users
Oh, my god!! This one could be a killer.

Nokia lays plan for more Internet services

Nokia lays plan for more Internet services
The phone guy gets into to web business, and the web guy is trying to get in the phone business. They are crossing each others. Who is going to be the winner ?

Google confirms plan for wireless bid

Google confirms plan for wireless bid
Why would Google want to make itself becoming a more riskier company ? Let's see what will happen if it actually happens.

Rehabbers cash in on foreclosure wave

Rehabbers cash in on foreclosure wave
Every crisis creates new opportunities.

Go West LinkedIn CEO: We’d only sell for “a helluva lot”

Go West LinkedIn CEO: We’d only sell for “a helluva lot” «:
The buyout gossip may be true.

Rate freeze plan for ARMs gains traction

Rate freeze plan for ARMs gains traction
Let's see how many foreclosures we can realiy save.

Banks have billions more in undisclosed risk

Banks have billions more in undisclosed risk
More trouble from this credit crunch. It looks like this will get worse before it gets better.

Foreclosure filings: No slowdown yet

Foreclosure filings: No slowdown yet
No surprise. This trend will continue until after all the subprime loans get reset, and then we will have to see how many of those home owners can still sustain the larger mortgage payments after such reset.

The PayPal mafia

The PayPal mafia
Silicon valley still is the world capital of technological innovations.

Miami condo at ground zero in mortgage fraud

Miami condo at ground zero in mortgage fraud
This kind of scam actually happened.

Ultramobile PCs

Ultramobile PCs
Too small used as PC, too big as cellphone/PDA. No good.

Google's Dream Phone

Google's Dream Phone
Google's mobile phone is a Linux based open source.

Socialtext gets $9.5M in 3rd round

Socialtext gets $9.5M in 3rd round
Startup focus on enterprise-side application of the web.

Google takes initiative in mobile web battle

Google takes initiative in mobile web battle
The mobile market for ads has big potential. It looks like Google is hitting the right spot. This could be a way to justify its valuation. We'll see ...

Dell Deals For EqualLogic

Dell Deals For EqualLogic
Big storage system and virtualization are taking off in a big wave as data requirement is exploding. This buy out by Dell is a good reference for the valuation of those virtualization companies.

The Golden Touch of Stanford's President

The Golden Touch of Stanford's President
Who says people work in education field make little money ?

2 inventors improve on ordinary items

2 inventors improve on ordinary items
Good ways to have fun and make money at the same time.

PCs being pushed aside in Japan

PCs being pushed aside in Japan
We should see more and more people shifting from doing their tasks on PC to other devices. This trend should be more obvious in developed countries where the PC penetration is high. We can blame this on technology, which create problems for its own success - more and more powerful technologies in smaller and smaller devices.

Tech Daily Google takes on Facebook

Tech Daily Google takes on Facebook
Interesting strategy, Google is trying to kill the competition before they become big.

Will a Fed rate cut save Christmas?

Will a Fed rate cut save Christmas?
Probably too late.

Are we already moving on from traditional social networking? «

Are we already moving on from traditional social networking?
New trends on the web.

eBay jumps into microfinancing

eBay jumps into microfinancing
For this kind of loans, it will be interesting to see how many lenders are willing to take that kind of risk level for the slightly higher return. The current credit crunch situation in the US may have some influence on them. Also, this web site is doing the personal loans with lenders from individuals:
http://www.prosper.com/prm/borrower_mvt1.htm

Madison Avenue awaits Facebook’s next move

Madison Avenue awaits Facebook’s next move
What is next after $240 millions ?

More Debtors Use Bankruptcy To Keep Homes

More Debtors Use Bankruptcy To Keep Homes
Things are really getting worse and worse in the housing market. This for sure will affect the way people spending their money. Hope I am wrong, but this mess is getting bigger and broader to the whole economy. More signs for recession is slowly coming, and this is a big one. It may be already here when everyone finally realizes it.

Hands-on with the BlackBerry Facebook App

Hands-on with the BlackBerry Facebook App
More mobile applicatons are coming linking the internet. That is the next big wave or killer app opportunity for both the internet and the mobile devices.

Microsoft Buys Facebook Stake for $240M

Microsoft Buys Facebook Stake for $240M
Facebook Inc. has sold a 1.6 percent stake to Microsoft Corp. for $240 million, spurning a competing offer from online search leader Google Inc. That is a $15B valuation for the 4-year old company started by 23-year old Harvard drop out, Zuckerberg. As it was posted over here before, not bad for a college dropout.

A Troubled 'Ownership Society'

A Troubled 'Ownership Society'
Some more housing bubble side effect looking from another perspective - decreasing home ownership rate.

Hot Spots That Have Cooled Lure Savvy Retirees

Hot Spots That Have Cooled Lure Savvy Retirees
These places are getting cheaper and affordable for retirees after the housing bubble. Good time to start checking into those areas.

Palm's Fading Lifeline

Palm's Fading Lifeline
New version of Palm software will be based on Linux, but won't be available until end of next year. Time is running out for Palm as more and newer smartphones coming to the market.

Biggest jobless claims rise since February

Biggest jobless claims rise since February
May be too early to tell recession is coming, but smells more and more like it. If the stock market also goes lower after today 367 points loss in the Dow, coupled with the high oil price (hit $90 today). The chance will increase drastically.

The Global Millionaire Boom

More millionaire than ever.

WiMax Gets Nod As Wireless Standard

WiMax Gets Nod As Wireless Standard
Will be interesting to see how fast and widely this can go.

Robot gives facial massages

Robot gives facial massages
Interesting, but no, thanks. Apparently, a robot that gives shampoos is already widely deployed at hair salons across Japan. Good luck to those customers.

Verizon Video Franchise Approval in Manassas Park, Va., Moves Residents Closer to TV Choice, Competition

Verizon Video Franchise Approval in Manassas Park, Va., Moves Residents Closer to TV Choice
Haven't heard this fiber-to-the-home (FTTH) stuff for a while, let see if timing is right this time.

FORTUNE: Tech Daily Facebook Is Headed for Madison Avenue «

FORTUNE: Tech Daily Facebook Is Headed for Madison Avenue «
$15B for a college dropout, not bad.

Who Founded Facebook? A New Claim Emerges

Who Founded Facebook? A New Claim Emerges
Another Facebook's new face.

Countrywide Chief Is Said to Face S.E.C. Inquiry

Countrywide Chief Is Said to Face S.E.C. Inquiry
Companies can sink or float, but the executives always swim in pools of cash.

Palm introduces the Centro, a smaller, low-cost smart phone

Palm introduces the Centro, a smaller, low-cost smart phone
Good to see some more smart phones available on the market. This lower model (less than $100 after rebates) from Palm will be good to stir up the competitions from Apple and Research In Motion. The low price point will afford the less tech-savvy consumers to try them out.

A Bay Area couple with two kids can't make it on $50,000 a year

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2007/10/17/MN0ISQEFP.DTL
High cost of living in San Francisco Bay Area.

Skype purchase cost eBay

http://news.yahoo.com/s/ap/20071017/ap_on_hi_te/earns_ebay;_ylt=Am_dTrcf367GF9Qt0Ulr_OWyBhIF
The price of VOIP or voice service should be zero, or close to zero, sooner or later. So fit that into an equation, zero times anything hardly equals anything. Period.

Apple to open iPhone for developers

http://news.yahoo.com/s/ap/20071017/ap_on_hi_te/apple_iphone
Apple should have done it earlier than those hackers to save the thunder for themselves.

Oil Ends Lower After Hitting Record $89

http://biz.yahoo.com/ap/071017/oil_prices.html

This should give enough economic incentives (if not political) for massive commercialization of alternative energy.

Housing Problems still here, no surprise !

http://biz.yahoo.com/ap/071017/economy.html
When will it end ?