News: July 14

Image by voteprime via Flickr

TechCrunch

Consumer Reports Slams The iPhone 4 Over Antenna Issue
Video: David Letterman’s Top 10 Signs You’ve Purchased A Bad iPhone 4
Groupon, Twitter, Foursquare, And Yelp Will Convene At The Social Currency CrunchUp
Twitter’s EarlyBird Takes Flight With Disney Movie Deal; Groupon And Gilt To Come
Here Comes Apple Earth. Map Startup Poly9 Reportedly Snatched Up By Cupertino
AndroLib Gets A Makeover, Estimates Over 1 Billion Android Apps Downloaded So Far
New York City To Keep Track Of Water Use With Wireless Monitors
Naspers Buys 28.7% Of Facebook, Zynga Investor And ICQ Owner DST
Steve Ballmer says Microsoft is 'hardcore' about tablet computers



Mashable

Facebook’s Open Graph and Like Button are Going Mobile
Bill Gates Invests in Cleaner Car Technology
Disney Is Twitter’s First @Earlybird Sponsor
What Apple Must Do to Stop the Bleed
Google Fiber Is One Step Closer to Reality
Intel Gains Almost $11B in “Best Quarter Ever”

CNet

Microsoft keeps eye on Bing's growth chart
iPhone app created for psychic German octopus
Chicken came before egg, evidence suggests
Exxon Mobil growing its algae biofuels program
Twitter's @earlybird: Not the most magical debut
Alleged Russian spy worked for Microsoft
Adobe Reader, IE top vulnerability list
Facebook's Russian investor snags $388 million
Court: FCC 'indecency' rule doesn't make tech sense
New Facebook app whitens men's profile pic
The quest for the supersonic skydive
Building the world's most advanced aircraft carrier
Internet appliances: The next generation
Solar structures offer self-sufficiency in disaster

BusinessWeek

The Factory Rebound May Be Peaking
Intel Cash Machine May Print $12 Billion
Washington is the Strongest Job Market
America's Strongest Job Markets
Microsoft Pays App Developers to Do Windows
Microsoft Worker was 12th Alleged Russian Spy
Ten Top Smartphone Apps for College
Obama Meets With Buffett to Discuss Economy, Jobs
Iran Scientist Says Americans Kidnapped, Held Him for 14 Months
U.S. Stocks Fall on Fed’s Reduced Growth Forecast; Intel Gains
How Yum! Brands Is Conquering the World
Promisec: Securing Networks from Within
Newspapers: Take a Cue From Startups and Get Cloudy
Sorting Fact from Fiction on Health-Care Reform
The Small Business Jobs Bill: To Us, It's Meaningless
The Future of Advertising
Why GM May Be Worth More Than Ford
What if Government Ran Like Business?

Time

Housing Market Sees Widespread Price-Cutting
Chicken and the Egg: Mystery Solved?
Neverland Ranch: The Newest State Park?
Buying a Corvette? Build the Engine Yourself
Will Obama's Immigration Focus Hurt Democrats?
Can the Chevy Volt Recharge General Motors?
The History of the Electric Car
11 Milestones in GM's Year Since Bankruptcy
Obama's Mideast Challenge: Trying to Look Busy
Italy vs. the Mafia: Beheading the 'Ndrangheta
Spain's World Cup Win: Final Brings Spaniards Together
Senate Midterms: How the Tea Party May Hurt Republicans
Beijing Starts Gating, Locking Migrant Villages
Scientists: Gulf Spill Altering Food Web
Cleaning Up On the Spill

New York Times

A Scientist Takes On Gravity
U.S. Delays Test of Device That Could Seal Gulf Well
On Facebook, Telling Teachers How Much They Meant
Police Are Charged in Post-Katrina Shootings
Trapped by Gaza Blockade, Locked in Despair
Scientist Heads Home, Iran Says
Deterred From Gaza, Libyan Ship Enters Egypt Port
Financial Bill to Close Regulator of Fading Industry
Financial Reform Bill Limps Toward Vote
Heads Turn as a Bridge Floats By
Gatton Journal: Trying to Stop Cattle Burps From Heating Up Planet
The New Abortion Providers
On Education: A Chosen Few Are Teaching for America
Grassley a No on Financial Reform Bill
Fed Minutes Weigh on Wall Street
Citing Demand, Intel Tops Forecast
Standards Issued for Electronic Health Records
George Steinbrenner, 1930-2010: His Final Victory Is a Yankees Empire Restored
George Steinbrenner, Who Built Yankees Into Powerhouse, Dies at 80
Explorer: Walking With the Herds in Kenya
Oil Spill’s Impact on Gulf Seafood Remains Uncertain
Downsizing: Styling a Downsized Life
WattStation: An Electric Car Charger With a Designer Touch
Toyota Blames Drivers for Some Acceleration Problems
Letters: A New Approach to Immigration Raids
Movie Review | 'Alamar': A Boy’s Slice of Paradise Is Time Alone With Dad
The Loneliness of Governor Schwarzenegger
Turn 70. Act Your Grandchild’s Age.
Is Yemen the Next Afghanistan?
Is Jousting the Next Extreme Sport?

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That StartUp Mentality

Image via Wikipedia

It is a mindset. It is a personality type. If a tech entrepreneur were not a tech entrepreneur, he/she would be standing at the edge of a cliff, or facing a hurricane on the high seas. There is something innate about risk-taking. Very few attempt it. Very few of those who attempt succeed. That is why the rewards are so astoundingly huge.

But then that startup mentality is being forced upon the rest of the population. The internet and globalization are going to inject the startup mentality into ordinary jobs. There are degrees of risk taking. Ordinary jobs will have low levels, low doses of risk taking, but it will be there. It is there. It is here.



Looks like the worst part of the bad news of a bad economy might be behind us. You can get gloomy about what just happened. Or you can objectively look at it and see capitalism's creative destructions. What will happen next is way more exciting than what was there before. The jobs, companies and industries of tomorrow stand to be created. This is high time for a mega renewal of the human spirit. I am optimistic. I was throughout the past six months of bad news. All hard economic times of the past decades have also been periods of major innovation, of companies launched that went on to do big, bold things. I don't wish a bad economy upon anyone, but you have to wonder why.

You have to stay hungry also during good times, or success will get the better of you. The trick is to stay hungry during good times. What gets your juices flowing? Do you got fire in your belly?

On The Web

AT&T And Verizon's Start-Up Mentality - Forbes.com
Techcrunch takes on Israeli startup mentality | ISRAELITY
Teaching the Startup Mentality
Startup Mentality
European vs US startup mentality | anders.tyckr.com how often would you say that two of your friends start the same business idea - separately - without them knowing about each other ..... reports keep coming in that the mobile social network market is going to be huge. ..... Europeans do not aim big enough, and on the other hand, US startups go super big with sometimes very crazy ideas. But crazy ideas are only crazy and funny if they are done with bad timing. ...... Going too slow might be a problem, and is probably as hard to fix as going too fast. ..... I would not want to miss a minute of the action to come.

In The News

EBay Unveils Skype IPO Plans BusinessWeek Skype sales surged 44%, to $551 million, last year and the company expects them to top $1 billion in 2011. The user base surged 47%, to 405 million, in 2008. ..... Zennstrom and Friis reportedly offered less than $2 billion for Skype. An IPO could fetch $3 billion to $5 billion ...... Skype could find itself in closer competition with such sites as Facebook or Twitter. ..... "I see [Skype] as a Ferrari that's only firing some of its cylinders."
Plus: Skype in Your Pocket
Google's Trademark Tussle
Business Exchange: Search Advertising
Goldman, Give it All Back
Taxing Grandma to Pay Goldman Sachs
Intel Says PC Demand 'Bottomed'
IBM Roars into Business Consulting
Cuba: How Much, How Fast?
Obama Pitches His Economic Plan
China Faces a Water Crisis
Learning from Recession, the Japanese Way
Nokia: Signs of Stabilization?
Can Widgets Save the Television Industry?
How to Make Acquisitions in a Down Economy
Time to Buy TV, Radio, and Internet Ads?
Put a Human Face on Your Presentations
Today's Tip: Sales Strategy for Tough Economic Times
Getting Ready for the Recovery
Preparing Now to Drive Future Growth
Options for MBAs Without Jobs
Getting to Know Yourself
It's Now a Renter's Market

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• Goldman Sachs can't figure out how the American system works (americablog.com)
• Remains of the Day: The iPhone vs. Kindle Edition [For What It's Worth] (lifehacker.com)
• I Don't Care If You Are On Facebook and Twitter (kylelacy.com)
• Is Facebook losing its glow? (money.cnn.com)
• Stocks seesaw on economic news (money.cnn.com)
• Facebook CFO Leaving the Company; IPO Imminent? (mashable.com)
• Time Warner Cable Earnings Refute Bandwidth Cap Economics (wired.com)
• Science Proves the Obvious: Twitter Users Are Evil and Wrong (gawker.com)