Not again. I was hoping to be able to buy Beatles tracks on iTunes by Christmas but it appears that suits are getting in the way of love, peace, and harmony. What’s the deal? Steve Jobs loves the Beatles, taking every opportunity to play their music at Apple (AAPL) events. The Beatles, or what’s left of them, want their music sold on iTunes. Music fans armed with iPods want desperately to spend their money on Beatles music. What’s the deal? Can someone please tell the suits at EMI today that …

I don’t get things right as much as I’d like when it comes to the market but my Latticework Linkfest back in late February was spot on:
In times of recession, when unemployment is high, the unemployed go back to school to add marketable skills and increase future earnings power. The leading companies in for-profit education include Strayer Education (STRA), DeVry (DV), ITT Educational Services (ESI), Career Education Corporation (CECO), Capella Education (CPLA), Corinthian Colleges (COCO), and industry giant Apollo Group (APOL). Apollo operates the ubiquitous University of Phoenix campuses. This …

Have you ever wondered what could happen to the stock price of Berkshire Hathaway (BRK-A) when its amazing CEO, Warren Buffett, is no longer able to captain the ship or passes away? This topic has swirled atop investors’ minds for at least a few years now and consistently keeps getting addressed by the Oracle of Omaha himself during Berkshire’s annual shareholder meetings. Last year, I sent my wife Cynthia to the shareholders’ meeting and she reported that the continuity or succession topic was one of the most widely talked about.
Let’s …

Technology industry heavyweights are banding together to form a new group called the Allied Security Trust. Members include Google (GOOG), Cisco Systems (CSCO) and Hewlett-Packard (HPQ). This alliance will buy up patents in the marketplace to preempt “patent trolls” from acquiring these patents in order to extract royalties from Allied Security Trust members.
Patents are notoriously difficult to value but it is clear that patents are becoming a viable asset class in themselves. Taking the cue from many other asset classes, could there be a way to “securitize” a portfolio of …

A couple weeks ago, I wrote about my pessimism regarding the technology sector. The market had seemed to interpret the surprisingly good results reported by Big Blue (IBM), Google (GOOG), and even Yahoo! (YHOO) as reasons for unleashing optimism and a bargain hunting shopping spree for stocks of publicly traded technology companies. Maybe the recessionary environment and the woes faced by banks and the American consumer would not negatively impact corporate budgets for technology. My skepticism rests on the ability of secondary technology companies to weather the economic slowdown. In …

Tight US immigration forces outsourcing: Bill Gates – Microsoft (MSFT) chairman, and no longer the wealthiest guy in the world, makes some interesting points about our immigration policy regarding skilled workers. At SocialOptimize, we’ve been outsourcing some of our work to Guatemala and the Philippines.
Google could be superseded, says web inventor – Tim Berners-Lee shares some wisdom about the semantic web. He talks about how a new company in the future could exceed everything Google (GOOG) has done up to this point. Wouldn’t Google just buy that company?
Japanese government investigates …

New York Governor Eliot Spitzer’s public statement in response to his alleged involvement in a prostitution ring and his patronage:
Good afternoon.
For the past nine years, eight years as attorney general, and one as governor, I have tried to uphold a vision of progressive politics that would rebuild New York and create opportunity for all. We sought to bring real change to New York and that will continue.
Today I want to briefly address a private matter. I have acted in a way that violates my obligations to my family and violates …

Macro

Once again, Mark Zandi and his team at Moody’s Economy.com (MCO) comes through with something interesting. Click through on the image below and interact with the map to find out if your state and county is in risk of recession. My home state of California is definitely at risk, dragged down by rapidly falling housing prices. I currently spend most of my time in Utah, one of the few places that has seen strong economic expansion and even strong real estate price appreciation. Forbes recently named Salt Lake City first …

Advertising Age is reporting that U.S. media employment fell to a 15-year low in December 2007. The major driver behind this slump is the struggling newspaper industry. This is not surprising because nearly everyone is spending more time getting their news on the Internet and less with broadsheets. Exacerbating the losses is the disappearing classifieds business as online alternatives like craigslist, partially owned by eBay (EBAY) offer cheaper and more immediate classifieds solutions. The New York Times (NYT), also known as the Gray Lady to the cognoscenti, recently announced another …