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View Poll Results: What the hell is going on?
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07-26-2009, 11:31 PM #1
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- Jul 2009
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Ericsson buys Nortel's wireless assets on the cheap
The US/European (and associated client states) meltdown started by ploughing through the liquidity trade and those things in its orbit (like insurance and property) and then started to hammer manufacturing (but that didn't matter as China cushioned the world's losses by just locking up a few million angry rioting ex-factory workers and now the buggers are working 100% for free, still slave labourers - all because "luckily" we all outsource most of the globes manufacturing to those slaves) and for a while there the technological domains remained all but completely untouched.
But then the mobile giants started to fall, and here we have a major networking giant being eaten alive by a major unfallen mobile giant:
Ignoring the political implications of squabbling divided and ruled nations fighting each other for industrial control every way you look, this is interesting for the technology world. Now that our hardware firms are coming under attack what's next? Will software systems like the various ranges of Macromedia stuff, or whatever other brand you may be dependent on suddenly change hands, get warped, rearranged, made more costly, more annoying, less useful?
Of course opensource is safe, we all know that.
Unrelatedly, in some ways, here is an example of Middle Eastern investors buying a nice chunk of parts of the british luxury hospitality industry:
The industrial landscape is rapidly changing. Some technological giants are pretty safe, but others, who knows which, can fall at any time.
I wonder who else is at risk? Yahoo are doing really well, I believe, as a webmaster, viewing the activity of yahoo vis a vis google, on crawling my materials, publishing it and sending me relevant users. I feel inclined to believe they are one of the institutions which is on the up. But something like myspace could fall apart overnight, if current attempts to restructure it fail to meet whatever target demanded the restructuring in the first place. And facebook, well - it'll be an overnight kill-off, that one. 30 days of sudden collapsed usage patterns, for one reason or six, and that's all you need to kill off a traffic flow like that. People hang onto what they know to be bad because they are complicit with others' hanging on also. But if something happened to shatter trust between users and the system for just long enough for the illusion to break and people to realise they don't need to be on facebook to stay in touch with their friends, an irreversible decline would spread through that, and then every other social network on the planet - the fad would be over. On the other hand if nothing serious happens to provoke a sudden demise, it's sure to fade out anyway. Rising living costs make that kind of use of time less acceptable to more and more people.
MSN - I presume - is doing brilliantly and making a huge mother of a fortune, and Google and its many assets seem pretty secure too.
I wonder how Sun and Apple will fare - both are specialist engineering genius companies for serving the best most potent manufacturers or producers (in apple's case, media production) in the world. Those industries are sadly hit very badly indeed. Will this eventually hurt those two beacons of human progress? No doubt people could spend a long time not answering that.
But Mouse, you are not alone, In proving foresight may be vain: The best laid schemes of mice and men Go often askew, And leaves us nothing but grief and pain, For promised joy!
Here's an actual quote, from a google news search result, shows that one of Apple's biggest competitors in the field of audiovisual-meets-computation electronic products is, in the immediate present day, starting to suffer a few major problems:
41 jobs lost at Sony Online Entertainment
MCV - Rob Crossley - Jul 20, 2009
Californian developer Sony Online Entertainment (SOE) has axed 41 of its employees, representing a workforce cut of ...
SOE Job Cuts IncGamers.com
Sony Online lays off 5% of staff StrategyEye (subscription)
Sony Online Entertainment sacks 41 MMORPG blog
Appealing to the crowd of executives, he is very much on-message, inviting them to invest in the UK and making all the right noises about Britain's pavilion at the Shanghai Expo and about the 2012 Olympics.
He's in China to promote British communications and IT companies. Representatives from BT, Vodafone and ARM are with him. Even Sony Ericsson is getting a plug, thanks to its decision to locate its headquarters in London. The companies have the ambition of beating China's homegrown giants for a slice of the country's rapidly developing internet and mobile communications businesses. "I've never been more convinced by the mutual opportunities open to UK companies, in no sector more than ICT," he comments.
It's too early to judge the trip's success, but it is telling that Gordon Brown's hopelessly optimistic target of doubling British exports to China to £10bn by next year has been quietly dropped. "Look, we've been affected. Everyone has been affected by the global slowdown. Trade has taken a huge battering," Lord Davies says, when asked about the target. "The momentum is there. When trade gets back to more normalised levels I think we're making great progress."
Last edited by RabidMango; 07-26-2009 at 11:46 PM.