Apple this week invested $1 billion in Xiaoju Kuaizhi Inc., known as Didi — by far the dominant car-hailing service in China with 300 million customers. While Apple has long admitted being interested in car technology and has deals to put Apple technology into many car lines, this particular investment seems to have been a surprise to most everyone. Analysts and pundits are seeing the investment as a way for Apple to get automotive metadata or even to please the Chinese government. I think it’s more than that. I think it is a potential answer to Apple’s huge problem of foreign cash and a grab for leadership in what may well be […]
This is the kind of thing you find on the bedroom floor of a 14 year-old boy. It’s a gift from last Christmas, still sitting in its box, not yet flown for a reason that often comes down to some variation of “but the batteries need to be charged.” I’d forgotten about it totally, which means the little drone missed the FAA’s January 20th registration deadline. Technically, I could be subject to a fine of up to $27,500. If the unregistered drone is used to commit a crime the fine could rise to $250,000 plus three years in prison.
Do you have an unregistered drone sitting in a closet somewhere?
Registration costs $5.00 […]
This is the promised second part of my attempt to decide if IBM’s recent large U.S. layoff involves age discrimination in violation of federal laws. More than a week into this process I still can’t say for sure whether Big Blue is guilty or not, primarily due to the company’s secrecy. But that very secrecy should give us all pause because IBM certainly appears to be flouting or in outright violation of several federal reporting requirements.
I will now explain this in numbing detail.
Regular readers will remember that last week I suggested laid-off IBMers go to their managers or HR and ask for statistical information they are allowed to gather under two federal laws […]
Here’s what I need you to do. If you are a U.S. IBMer age 40 or older who is part of the current Resource Action you have the right under Section 201, Subsection H of the Older Worker Benefit Protection Act of 1990 (OWBPA) to request information from IBM on which employees were involved in the RA and their ages and which employees were not selected and their ages.
Quick like a bunny, ask your manager to […]
Back in the spring of 2012 Congress passed the Jumpstart Our Business Startups Act (the JOBS Act) to make it easier for small companies to raise capital. The Act recognized that nearly all job creation in the U.S. economy comes from new businesses and attempted to accelerate startups by creating whole new ways to fund them. The Act required the United States Securities and Exchange Commission (SEC) by the end of 2012 to come up with regulations to enable the centerpiece of the Act, equity crowd funding, which would allow any legal U.S. resident to become a venture capitalist. But the regulations weren’t finished by the end of 2012. They weren’t […]