Bizzy’s AM Coffee Biz-Econ-Life Links (070306)
NOTE: This will be today’s last post.
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Free Links:
- Chinese intellectual property pirates don’t play favorites — nor are they particularly patriotic:
Piracy Hurting China’s Own Industries
Kingsoft Corp.’s English-Chinese dictionary program is used on most of China’s 60 million PCs. That’s the good news. The bad news: Kingsoft doesn’t make any money from it, because 90 percent of those copies are pirated.
One by one, the Beijing-based software maker has seen its sales of such popular products destroyed after black market producers flooded the market with cheap copies.
Today, Kingsoft’s 600 programmers focus on making what it hopes can’t be copied — online games and business and anti-virus programs that have to be linked to its own computers in order to function.
“Piracy has had a big impact on us, making it so we can’t get powerful and compete with Microsoft,” said Ren Jian, a former Microsoft manager who is Kingsoft’s chief operating officer.
Kingsoft is far from alone. Rampant Chinese piracy of music, movies and software that raises howls of protest from the United States, Europe and elsewhere is hitting China’s fledgling creative industries hardest of all. Robbed of sales in their key home market, companies are short of money to develop new products to compete with foreign rivals.
Maybe seeing their own industries harmed will motivate the Chinese to get away from its lax attitude towards piracy.
- Ho-hum job news –
Direct Supply Inc. plans to add 1,000 to 1,500 new jobs over the next 10 years at its expanded corporate headquarters - an $85 million project from a technology-based company that will boost the lackluster business landscape on Milwaukee’s northwest side.
Direct Supply plans to expand its corporate campus, which now includes several buildings on N. Industrial Road, north of W. Mill Road and east of N. 76th St. The complex now houses 650 employees, with an average annual salary above $50,000.
Under the expansion plan, more than 500,000 square feet of new offices will be added for up to 1,500 new employees. Nine separate buildings on the company’s campus will be linked by new multistory additions.
The expansion increases the capacity of the company to add up to 2,500 employees over 20 years, according to Direct Supply’s plan.
- This is good news, and it’s also an example of a competitive market (partially) correcting itself when things are out of whack — “It appears that Verizon Wireless has finally realized that people aren’t thrilled about (early termination fees). They’re still keeping the early termination fee, but prorating it, so that the closer you are to the end of your contract, the cheaper it is to leave. That seems a lot more fair. The company also has decided that existing customers can get the same deals on new phones that new customers can — which is something that never made sense.”
- I would think it pretty obvious that unless you work alone, wearing flip-flops to work would be unprofessional and could hurt your career. Apparently some people have to be told.
- The University of Michigan’s consumer confidence measurements shot way up from May to June — current conditions from 96.1 to 105.o; future expectations from 68.2 to 72.0; overall final readings from 79.1 to 84.9. Lower inflation expectations were credited for the improvements. Thanks, Ben Bernanke, for so far doing what Don Luskin hoped you would.









