Two months after it announced that it was separating DVD rentals and streaming into separate plans (and automatically raising prices for customers who did not act to cancel one or the other), Netflix CEO Reed Hastings has finally admitted the company did a poor job handling the announcement. In a blog post and in a […]
Tag: Companies & Industries
Posted inEconomic Security, Policy Topics
Bank of America unilaterally amends deposit agreements for Pacific Northwest customers
Financial “services” giant Bank of America, which has been staggering through 2011 under the weight of bad debt inherited from acquisitions like Countrywide, has begun informing customers in Washington and Idaho that it is changing the deposit agreements for personal accounts in both states, NPI has learned. The changes will take effect on October 14th, […]
Posted inPolicy Topics, Technology
More proof the knives are out for RIM: New BlackBerrys getting unfair reviews
Regular readers may remember that back in June, I wrote a post taking the pompous “tech press” to task for characterizing the maker of the BlackBerry as headed for extinction (Earth to the tech punditocracy: Research in Motion is still very much alive). That post ended up being very well-received. Though The Advocate is not […]
Posted inPolicy Topics, Technology
Steve Jobs resigns as CEO of Apple
The man who cofounded Apple and led its remarkable turnaround, beginning in the late 1990s, announced this afternoon in a short, plainly-worded letter that he was resigning as Apple’s chief executive officer, presumably due to his health: To the Apple Board of Directors and the Apple Community: I have always said if there ever came […]
Posted inEconomic Security, Policy Topics, Views & Reviews
Borders prepares to liquidate
Borders, the second largest bookstore chain in the United States, will soon be going out of business. The company announced today that it had run out of time to reorganize itself and would wind down its operations. Borders said in a news release that it will proceed with a proposal by Hilco and the Gordon […]
Posted inViews & Reviews
Earth to the tech punditocracy: Research in Motion is still very much alive
It seems that hardly a day goes by now when I don’t stumble across an article predicting the decline or even the death of BlackBerry maker Research in Motion, which revolutionized the handset with an array of unmatched messaging capabilities (push email, BlackBerry Messenger) in the early 2000s. While it is certainly true that company faces […]