Category: Economics

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A few days ago, a billboard captured my attention. Actually, we're talking about many billboards, since this metallurgy company called Bučar put them all over Ljubljana. The weird thing is, they are using them to recruit new employees. Wait a minute, there's something wrong with this picture! While everybody is aggressively trying to sell us stuff we don't really need, these guys are actually looking for new workers with billboards? In a country with an unemployment rate of 13%? Is this thing for real?

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written 8:41 CET on chronolog
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This post was originally published in November 2011 in a special two part series transatlantic blog post about Occupy Wall Street, on Nick Taylor’s thetwohalves.com, which is no longer available.

The situation isn't peachy. The global economic system is collapsing, the middle class is disappearing, and financial institutions have taken control of the fate of many countries and corporations. People are frustrated and want something else, they want a predictable and stable future. Hence the global Occupy Wall Street movement has been born, supported by various public figures and activist groups such as The Anonymous. Fueled by the success of the Arab Spring, these people are demonstrating against the domination of the rich 1% (or the ultra rich 0.1%), hoping to achieve a better world built on equality, opportunity and optimism.

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written 13:11 CET on chronolog
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The verdict is finally in. Samsung has lost the lawsuit against Apple, which means the court decided they were copying iPhone's design and user experience. The decisions seems legit, specially if you saw the internal document from Samsung, a case study comparing and improving the Galaxy's user interface based on iOS's. On the other hand, it's hard to say if the decision is morally right and what it means for the mobile industry. Software patents are a problem and some companies like Google have already made a stance agains them (even though they've supposedly acquired Motorola because of them). But could all of this be just a marketing trick? Where Apple and Samsung set out to dominate the mobile industry?

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written 9:09 CET on chronolog
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The debate about the potential second technology bubble is all over the media. One of the first milestones that will determine the outcome of this story happened on friday, when Facebook went public. As opposed to other (smaller) web IPOs of the past years (LinkedIn, Groupon, Zynga, Yandex), the price on the first day stayed on the same level. This was to be expected, since Facebook received the valuation of 100 billion dollars. To put that in perspective, that's around half of Google's value, and about the same value as Amazon has. But Facebook makes 10 times less revenue than Google does, and its revenue growth is slowing down. Was Facebook valued too high? It seems so, and some analysts are already saying that most of the stocks were bought by institutional investors to keep the share price above 38$.

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written 9:14 CET on chronolog
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The iPad 3 is coming out in March, and like its predecessors, it will surely be a huge success. But every time a new generation of an Apple gadget comes out, the previous ones flood the secondary markets, usually followed by massive price drops. Like iPads 1 today, iPads 2 will probably be quite inexpensive in the following weeks, when we'll have a new item on our with list. This may not be a really a big problem for Apple, since their business model of ultra-fast product cycles obviously works, but still, the idea of being able to sell more than one product of the same line to a single person could hold quite a few benefits. Let's take a look.

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written 19:14 CET on chronolog
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Not that it's the best slogan ever. I always preferred "Slovenia, on the sunny side of the Alps", which was somehow forgotten / lost / stolen in the mean time, but "I feel" it's still much better than the previous "Slovenia invigorates" we've been seeing. Each slogan tells a story, but together they tell another, wider story, a story of a nation looking for its identity in these confusing times of globalization and recession. But we may not be as confused as it seems, these past weeks have shown there is much determination around. Much love, displayed in the huge amount of support and sincere wishes I received after we've launched Twenity. I felt sLOVEnia, finally!

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written 17:25 CET on chronolog
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This is part of a special two part series transatlantic blog post about Occupy Wall Street. Come check out my cross-branded blog post on Nick Taylor’s thetwohalves.com*.

The Occupy movement has gone global ever since it’s fiery start on September 17, 2011, in New York City's Zuccotti Park. Strangely enough, the phenomenon was initiated by Canadians, the founders of Adbusters magazine, not Americans, lending further credibility to South Park’s famous "Blame Canada" motto. But I digress.

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written 17:27 CET on chronolog
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