And so today I'm announcing that my administration will offer GM and Chrysler a limited additional period of time to work with creditors, unions, and other stakeholders to fundamentally restructure in a way that would justify an investment of additional taxpayer dollars. During this period they must produce plans that would give the American people confidence in their long-term prospects for success.
Now, what we're asking for is difficult. It will require hard choices by companies. It will require unions and workers who have already made extraordinarily painful concessions to do more. It'll require creditors to recognize that they can't hold out for the prospect of endless government bailouts. It'll have to -- it will require efforts from a whole host of other stakeholders, including dealers and suppliers. Only then can we ask American taxpayers who have already put up so much of their hard-earned money to once more i…
Security experts have made a breakthrough in their five-month battle against the Conficker worm, with the discovery that the malware leaves a fingerprint on infected machines which is easy to detect using a variety of off-the-shelf network scanners.
Illinois Senator and 2008 Democratic presidential hopeful Barack Obama visits Google's Mountain View, CA, headquarters to deliver his innovation agenda, speak with Google CEO Eric Schmidt, and take questions from Google employees. This event took place on November 14, 2007, as part of the Candidates@Google series.
The Way We Live Now No Safety in Numbers By ROGER LOWENSTEIN
Is there such a thing left as a safe investment? Stocks have been massacred, real estate all but wiped out. Each was promoted in its day — as was gold — as safe and secure, appropriate for widows and orphans.
If there is a truly last bastion of safety, it would be, of course, the U.S. Treasury bond, that venerable instrument with the full faith and credit of the United States behind it. Perhaps it is esteemed so highly because we think of it not as an “investment” per se but as an article of faith in Washington and, by extension, the entire country. It is our tax dollars, after all, that stand behind it — the accumulated output of our citizens. And ever since the Wall Street meltdown, as investors have fled from any security carrying a whiff of danger, Treasuries have been in hot demand.
So it is an eye-opener, and rather depressing, to report that even Treasuries bear risk, in particular, the r…
I just received my year end bonus for last Friday. After adding up January's 0.5 months bonus, National Day bonus and one-time quantum extra bonus, it sums up to approximately 2.6 months bonus. This excludes AWS and my $2,000 project bonus.
I thought I should be contended with what I am receiving and not grumble when my company announced freeze on wage increment days ago.
Google Gmail Labs has just come out with an innovative Undo Send email feature. This feature attempts to undo sending of an email after you click on "Send". However, you will need to do it quick within 5 seconds before the email is really being sent out.
The best thing about this new beta is speed — it's 25% faster on our V8 benchmark and 35% faster on the Sunspider benchmark than the current stable channel version and almost twice as fast when compared to our original beta version.
"In good times and in bad, there are good performers. And I think that particularly in bad times, we need people who give of their best and show example to the rest about what they can do to help the organisation."
We are pleased to announce that DBS and EZ-Link Pte Ltd (EZL) have introduced a new ATM service at DBS and POSB ATMs – Top Up of ez-link cards. What’s more, the ez-link top up service will be available to the recently announced new (replacement) ez-link cards as well. We are also proud to inform that we are the first bank in Singapore to offer this service.
We will be piloting the service at 31 ATMs from 16 Jan 2009 onwards and will gradually roll out to over 900 DBS and POSB ATMs by end June 2009. (Please refer to Appendix 1 for the pilot ATM sites)
With it, DBS will be bringing greater convenience to the majority of commuters who are also our customers. We are also offering the service free of charge.
You may refer to attachment 2 for the ATM screen flow for this service.
Agnes Ang CBG Business Operations on behalf of Robin Yap CBG Deposit Sys & Payment Scvs
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A student of the National University of Singapore, Ms Zhang Xiaoou (Matric Card Number: U052101M) has recently been diagnosed with Acute Lymphocytic Leukemia (ALL), a life-threatening disease that will post a staggering SGD$400,000 medical bill to her middle-income family.
She is a 24 year old Chinese scholar in her final year of study in Faculty of Science with excellent academic result. In her undergraduate education, she was placed several times on the Dean’s List which is awarded to the top 5% students only.
Xiaoou is also an active student leader in various schools and social activates. She was the Vice Chairperson of NUS Students’ Union Welfare Standing Committee and volunteered as a teaching assistant for community service project – “GIVE”.
She is currently undergoing treatment in National University Hospital and she will need a prolonged period of chemotherapy for treatment of her leukemia. Her medical expenses are estimated to be SGD$400,000, with each treatment session around $…
Last year the world had 1,125 billionaires but today, there are only 793. Today the world's billionaires have a collective net worth of $2.4 trillion, down $2 trillion from a year ago.William Gates III Warren Buffett Carlos Slim HelúLawrence EllisonIngvar KampradKarl AlbrechtMukesh AmbaniLakshmi MittalTheo AlbrechtAmancio OrtegaJim WaltonAlice WaltonChristy WaltonS Robson WaltonBernard ArnaultLi Ka-shingMichael BloombergStefan PerssonCharles KochDavid KochForbes - The World's Billionaires 2009 [via]
Facebook founder, Mark Zuckerberg, who's just shy of his 25th birthday, has lost his world's youngest billionaire title to German prince Albert von Thurn und Taxis because he's not a billionaire anymore.
An article from the CNET says Zuckerberg title has been replaced by a guy with the worst sideburns ever seen.
Is it RIP for Singapore internet radio? By Mayo Martin, TODAY | Posted: 11 March 2009 0940 hrs
SINGAPORE: She lives in China, yet it’s a family of familiar voices from Singapore that have kept Jennifer Seah informed and entertained.
For the past two-and-a-half years, the Singapore housewife, whose husband works in Shanghai, has been tuning into MediaCorp’s Internet radio streaming service which has been online since 2000.
“It’s wonderful to be able to tune in to familiar voices from home when you are abroad,” she told Today. So she was very disappointed when, earlier this month, most of the Internet radio streamed out of Singapore suddenly went offline.
The reason: It is going to cost broadcasters thousands, if not hundreds of thousands, of dollars each year in licence fees depending on the number of stations they operate.
After an amendment to the Copyright Act in December, broadcasters here have been locked in talks with the Recording Industry Performance Singapore (RIPS).
I am currently doing a research on the music industry and the impact of online music on the recording industry. As part of my research, I am conducting a survey and I would appreciate if you can help me out in doing the below survey.
The survey consists of 15 simple questions and should take you less than 10 minutes to complete. Be rest assured that your privacy is respected and your identity is anonymous. The questions are not sensitive anyway.
There is no need to let me know if you have done the survey. Just do it for I know you will.
Getting the navigation right is one of the most important aspects of design. Navigation is the framework within which screens, interaction, and the visual appearance are designed. The most basic axiom of usability is that one should make interaction with the software as easy as possible, allowing users to focus on the tasks that brought them to the software in the first place. To the extent that navigation is confusing and requires the user's attention to figure it out, usability will suffer.
Usability in Practice: Strategies For Designing Application Navigation [via]
IRISH budget airline Ryanair is considering charging passengers to use the toilet on its flights. The "pay-per-poo" scheme if kicked off will cost 1 pound "per-poo". This poo trip on high altitude is indeed very costly.
Budget airline mulls charging passengers to use toilet [via]
2 deaths in Nanyang Technological University in under 1 week is indeed not helpful to NTU's reputation. The first death was a student, David Hartanto Widjaja, and the second one was a Project Officer Officer, Zhou Zheng.
By coincidence or not by coincidence, both are actually from the same laboratory (S2-B3a-06)!
The next Microsoft's operating system Windows 7 is offering users option to "remove" Internet Explorer 8 from the OS. This could be a reaction from Microsoft to avoid another lawsuit by the European Union (EU).
Internet Explorer 8 can be removed from Windows 7 [via]
Singapore has overtaken the United States to come out tops in an international e-Government study. If I remember correctly, Singapore was already the top in a separate survey by Accenture in year 2007.
I believe the Singapore IT landscape will even be better than now with the current SOE (Standard ICT Operating Environment) and IDA's iN2015 plan.
Singapore tops international e-Government survey [via]
Buying into the stock market one month after the worst GDP contraction produces a return of 21% in three months, 38% in six months and 53% in 12 months.
Business Times - 06 Mar 2009
Bad news can be good news for investors
By ARTHUR SIM
THE revelation that the economy could shrink a shocking 10 per cent this year could be just the news that some investors have been waiting for.
Citing poor economic data - manufacturing and non-oil domestic exports have fallen by around 30 per cent and 35 per cent from their peaks respectively - Citigroup said that it believes that Q109 could possibly see gross domestic product (GDP) shrink by 10 per cent, followed by 8 per cent in Q209.
However, Citigroup believed that this could be an indication that the time to start buying into the stock market is nigh.
Timing, however, will be critical. While buying into the stock market during recessions can produce exceptional returns, it can be counter-productive if the investment horizon is short (eg three months), sa…
An asteroid estimated to be between 30 and 50 meters wide, 60,000 kilometers away from Earth, was several times closer to Earth than the moon when it passed (the moon is about 240,000 miles away). This happened on a Monday.
Both MayBank has revised interest rates for their deposits accounts in line with all other banks operating in Singapore.
MayBank iSavvy Savings Account Interest Rate Revision [via] Daily balance below S$5,000 0.25% p.a unchanged Daily balance of S$5,000 to below S$50,000 0.50% p.a from 1.08% Daily balance of S$50,000 and above 0.75% p.a from 1.38%Effective from 3 March 2009
Standard Chartered e$aver Account Current Interest Rate [via] Less than S$50,000 0.40% p.a. S$50,000 to S$199,999 0.68% p.a. S$200,000 & above 0.88% p.a.My previous post on e$aver and iSavvy [via]