Since 2000, Ballmer has quadrupled Microsoft's net profit, which is an astounding achievement for an already large and mature company. The stock price hasn't done much, but when you take dividends into account MSFT hasn't been a terrible investment (not particularly great, either though).
Elop, on the other hand, has managed to nearly kill a large and mature company in less than 2 years...
What does CS enrollment have to do with IT? Presumably, you're in a CS program because you want to be a researcher or developer, not a server or network admin.
At the moment, its damn near impossible to find quality system/kernel/embedded developers in Silicon Valley. Maybe the application side is different, but I sort of doubt it based on how much the big guys have been hiring recently.
The share represents equity in the company - at some threshold price, somebody is going to want that equity because the company, as a going concern, is inherently valuable if it generates profits (and often even if it doesn't). How those profits are distributed is almost entirely irrelevant.
Put another way, for example, at what price would it become worth it for Qualcomm to just straight up purchase Texas Instruments rather than compete with them? Pick your number $X where you think they would consider, and TI is worth at least $X...
Where do people get this shit in there head? Almost every decent company in silicon valley starts their junior engineers at $70k (or more) and after 5-7 years they will be at $110k-130k (minimum - Cisco and google, to name a couple, pay significantly more) - sure it may not be millions, but engineering is certainly a nice middle class profession with a much more stable outlook than law or finance (if you are any good at it and willing to go where the action is)
Where in the bay area do they pay engineers $40k/yr? Where I work, we start our juniors at twice that and we aren't even considered a particularly well paying organization...
Mapreduce most certainly is an algorithm, just not one that fits your narrow minded definition is all.
I've done plenty of DSP programming, it really doesn't compare to how things need to be thought of for GPGPU - it's a different and much faster approach to doing anything embarrassingly parallel
That would decrease the demand quite significantly
China has been reducing their net treasury position for a couple of years and yet yields on a 10 year note have fallen to record lows (less than 2%). Besides, if international demand were to fall off completely, the Federal Reserve could simply purchase the bonds at whatever rate it wanted to.
There is really no mechanism to prevent the Federal reserve from buying every Treasury bond in existence, really. There are reasons that might not be good idea under normal circumstances (which is why it isn't done), but push comes to shove, the Fed is the buyer of last resort.
What they showed on TV was intact, but that wasn't the RQ-170. For starters, it was the wrong color (radar absorbent paint is gray, not beige). Also, the fuselage was the wrong shape and the wings appeared to be help on with bondo.
Nobody really has any idea what they actually recovered.
The 3 largest US owned breweries are Sam Adams, Yuengling and Sierra Nevada - all perfectly acceptable brews. The swill is all made by foreigners.
And Germany has nothing even approaching Dogfishhead, Russian River, Rogue, Shipyard, Brooklyn or hundreds of other microbrews. For quality and variety, nothing comes close to the US beer market
That's BS. I've had lots of jobs, including my current one, that listed a Master's degree as a requirement, yet I managed to get hired despite lacking even a bachelor's. Some people are just way too easily discouraged - man up and apply anyways! What's the worst that can happen? They say no?
The worst companies I personally know of, that I have worked for, or with, are run by engineers/scientists.
I was about to come in and say this. Engineering run companies can be very, very dysfunctional. I spent 5 years at one, where we turned a profit for all of one quarter during that time while having the highest R&D per revenue expenditures of any publicly listed company. It was, in retrospec, not a good situation for anybody - sure, I got to play around on some cool projects, but the lack of profits meant that there were occasional mass layoffs and eventually the place was forced to merge with an even more dysfunctional (but larger) engineering-run company that couldn't turn a profit and now neither of those companies exists in any recognizable form.
When I left to go to Texas Instruments, it was a world of difference. Yes, it was bureaucratic and slow moving and I didn't get to play around on cool projects that would never justify the expense, but at least we made profits. Every quarter, like clockwork, sometimes more, sometimes less, but we made money. Eventually, the group I worked with there was sold to another company (and later disbanded because that company was in a world of shit financially in 2008, I hold nothing against them for that decision) but that sort of stability was kind of nice in a boring sort of way while it lasted.
Slashdot Mirror
Since 2000, Ballmer has quadrupled Microsoft's net profit, which is an astounding achievement for an already large and mature company. The stock price hasn't done much, but when you take dividends into account MSFT hasn't been a terrible investment (not particularly great, either though).
Elop, on the other hand, has managed to nearly kill a large and mature company in less than 2 years...
The previous way of doing things involved a specialist taking a minimum of 12 cents on every share traded. That was sooooo much better!
Carly was long gone by the time Palm sold to HP.
The first overall pick in that NFL draft is going to be a Stanford alum.
Just sayin'
What does CS enrollment have to do with IT? Presumably, you're in a CS program because you want to be a researcher or developer, not a server or network admin.
At the moment, its damn near impossible to find quality system/kernel/embedded developers in Silicon Valley. Maybe the application side is different, but I sort of doubt it based on how much the big guys have been hiring recently.
The share represents equity in the company - at some threshold price, somebody is going to want that equity because the company, as a going concern, is inherently valuable if it generates profits (and often even if it doesn't). How those profits are distributed is almost entirely irrelevant.
Put another way, for example, at what price would it become worth it for Qualcomm to just straight up purchase Texas Instruments rather than compete with them? Pick your number $X where you think they would consider, and TI is worth at least $X...
Where do people get this shit in there head? Almost every decent company in silicon valley starts their junior engineers at $70k (or more) and after 5-7 years they will be at $110k-130k (minimum - Cisco and google, to name a couple, pay significantly more) - sure it may not be millions, but engineering is certainly a nice middle class profession with a much more stable outlook than law or finance (if you are any good at it and willing to go where the action is)
Where in the bay area do they pay engineers $40k/yr? Where I work, we start our juniors at twice that and we aren't even considered a particularly well paying organization...
Mapreduce most certainly is an algorithm, just not one that fits your narrow minded definition is all.
I've done plenty of DSP programming, it really doesn't compare to how things need to be thought of for GPGPU - it's a different and much faster approach to doing anything embarrassingly parallel
Many algorithms have got much, much faster.
Examples please. "
MapReduce?
FFTW?
Anything parallel enough to run on GPGPU?
That would decrease the demand quite significantly
China has been reducing their net treasury position for a couple of years and yet yields on a 10 year note have fallen to record lows (less than 2%). Besides, if international demand were to fall off completely, the Federal Reserve could simply purchase the bonds at whatever rate it wanted to.
There is really no mechanism to prevent the Federal reserve from buying every Treasury bond in existence, really. There are reasons that might not be good idea under normal circumstances (which is why it isn't done), but push comes to shove, the Fed is the buyer of last resort.
Yeah, who should we believe? The Nobel prize winning economist or the guy on the internet message board?
this time started to fund the white russians (Royalists) with arms and gold. to kill their own countrymen.
The Whites were nowhere near as good at that as the Reds were.
Additionally, the drone is relatively intact,
What they showed on TV was intact, but that wasn't the RQ-170. For starters, it was the wrong color (radar absorbent paint is gray, not beige). Also, the fuselage was the wrong shape and the wings appeared to be help on with bondo.
Nobody really has any idea what they actually recovered.
The 3 largest US owned breweries are Sam Adams, Yuengling and Sierra Nevada - all perfectly acceptable brews. The swill is all made by foreigners.
And Germany has nothing even approaching Dogfishhead, Russian River, Rogue, Shipyard, Brooklyn or hundreds of other microbrews. For quality and variety, nothing comes close to the US beer market
The US has *much* better beer than Germany (or anywhere in the world for that matter, with the possible exception of Belgium).
It must be nice to have a trust fund.
That's BS. I've had lots of jobs, including my current one, that listed a Master's degree as a requirement, yet I managed to get hired despite lacking even a bachelor's. Some people are just way too easily discouraged - man up and apply anyways! What's the worst that can happen? They say no?
The real inflation is north of 10%, I count [slashdot.org] closer to 13%.
No, it is not. Or is MIT in on the scam too?
Only if you used the fat binaries - you couldn't just take a PowerPC only binary and run it on an x86 Mac.
Ok. I want more than my neighbor, so fuck him.
Anyone with an ounce of pride and competitiveness feels this way. It's called "not being a loser".
You build your own small form factor laptops?
RIM is a Canadian company.
The worst companies I personally know of, that I have worked for, or with, are run by engineers/scientists.
I was about to come in and say this. Engineering run companies can be very, very dysfunctional. I spent 5 years at one, where we turned a profit for all of one quarter during that time while having the highest R&D per revenue expenditures of any publicly listed company. It was, in retrospec, not a good situation for anybody - sure, I got to play around on some cool projects, but the lack of profits meant that there were occasional mass layoffs and eventually the place was forced to merge with an even more dysfunctional (but larger) engineering-run company that couldn't turn a profit and now neither of those companies exists in any recognizable form.
When I left to go to Texas Instruments, it was a world of difference. Yes, it was bureaucratic and slow moving and I didn't get to play around on cool projects that would never justify the expense, but at least we made profits. Every quarter, like clockwork, sometimes more, sometimes less, but we made money. Eventually, the group I worked with there was sold to another company (and later disbanded because that company was in a world of shit financially in 2008, I hold nothing against them for that decision) but that sort of stability was kind of nice in a boring sort of way while it lasted.
Because they peg the yuan to the dollar, when wages double in yuan terms, they also double in dollar terms