Here’s an interesting electric screwdriver. It will relieve you of the burden of actually having to hold your screws in your hand. Your laziness will cost you $4000. The Black & Decker LI4000 3.6-Volt Lithium-Ion SmartDriver with Exclusive Magnetic Screw Holder has an extended arm with a magnetic tip that holds your screws in place while you screw them in. Okay, it’s not just laziness, but I know that’s what you were thinking too. It can be a real pain when you drop screws while trying to line up the screwdriver. Especially on a ladder. Now you can screw with...
The White House signaled it might use TARP money (the earlier $700 billion bailout) to help out the Big Three. White House spokeswoman Dana Perino said, "Under normal economic conditions we would prefer that markets determine the ultimate fate of private firms. However, given the current weakened state of the U.S. economy, we will consider other options if necessary — including use of the TARP program — to prevent a collapse of troubled automakers.” The Treasury Department also signaled it could help prop up the automakers, and that helped the Dow, Nasdaq and S&P 500 stay in positive territory. Also...
Just two days after the internet treated us to this video of a dog running out into a highway to rescue another dog, here comes another suspiciously adorable story involving a three-year-old boy who got lost in the woods but survived thanks to two puppies that snuggled up against the kid and kept him from freezing: A toddler lost in the Virginia woods was back home safe Sunday thanks to two puppies who kept him warm through a harrowing night of freezing temperatures Officials said the lost little boy and the two family puppies wandered up to a mile in...
This morning, after President-Elect Obama laid out the key parts of his economic recovery plan during his weekly address, he turned to the Internet and told the country that he intends to "renew our information superhighway." "It is unacceptable that the United States ranks 15th in the world in broadband adoption. Here, in the country that invented the Internet, every child should have the chance to get online, and they'll get that chance when I'm President - because that's how we'll strengthen America's competitiveness in the world," he said. Sponsor Last month, we highlighted Obama's use of the Web; his...
We’ve read a few articles lately claiming that survival is not a strategy. The arguments in Anand Rajaraman’s article on GigaOM last month are sound, and if we understand them correctly include not prolonging a business that will never likely “win” or be healthy or have an exit resulting in wealth creation for the shareholders. It’s hard, or more appropriately put, impossible to argue with that logic. A quick death of a company that would otherwise die is a good thing for shareholders and employees. That said, we think it is very hard in these times to look into a...
Today brought with it nasty news for Motorola. Standard & Poor’s slashed its corporate credit rating on the long-suffering handset maker, noting that the company’s troubled mobile business is likely to continue what is already a two year-long downward slide. “Revenues and profits in the first part of the year will be challenged by a narrower, somewhat-dated product portfolio,” S&P’s Bruce Hyman said in a statement. “Standard & Poor’s also expects about 10 percent fewer handsets to be sold worldwide in 2009 at lower average prices than in 2008.” An ugly blow for Motorola (MOT). With the economy in...
