Today, AT&T announces a test of 2D barcodes for mobile at the point of sale (POS). This pilot will be watched with interest. If it works, couponing/loyalty applications on the phone will no longer need to wait for chipset or hardware development to interact with the point of sale. From Glenbrook’s perspective, the most interesting […]
This montage of bank TV ads chronicles the shift from old white men in ties, speaking directly to the camera, oozing old-world respectability in an effort to earn your trust – with a sprinkling of the old-west featuring the Wells Fargo stage coach – to ethereal, global images emphasizing the vast reach and interconnectedness of […]
Loading up your Kindle or travel bag with summer reading? Business Week features a list of summer reading recommended by business professors. As you would expect, business books dominate – but there are a wide range of topics – and even a few novels. I can personally recommend these titles from the list: The Ascent […]
Last Friday, the Wolfram Alpha “computational knowledge engine” went live. Steven Wolfram is the driving force behind this incredibly ambitious venture. His previous accomplishments include publication of first scientific paper at age 15, a PhD in theoretical physics from Caltech at age 20, creation of Mathematica software, and publication of “A New Kind of Science.” […]
I‘ve been trying to enjoy the little culture skirmish that surfaced last week as media watchdog Jon Stewart of the Comedy Central took comedian Jim Cramer of CNBC to task for failing to warn the public that the valuation of houses, equities, municipal bonds, commodities, and every other financial asset in the global economy had […]
[via WIRED magazine] 10 Best Uses for RFID tags: 6// Clubbers At Barcelona’s Baja Beach Club, VIPs are injected with RFIDs linked to debit accounts, making wallets passé.
(via Freakonomics) The latest recession indicator: more people are searching Google for "coupons" than for "Britney Spears." And it's not that Britney is getting less popular.
This is good. Niall Ferguson on the Colbert Report (Stephen Colbert asks "Am I Money?") The Colbert ReportMon – Thurs 11:30pm / 10:30c Niall Ferguson Colbert at ChristmasColbert Christmas DVD Green ScreenBill O'Reilly Interview The book is better. And the PBS series is even better!
Photo: SF Chronicle The SF Chronicle interviews Wells Fargo CEO John Stumpf in today's paper. The Wells Fargo – Wachovia merger blog inspired rave reviews and sets the bar high for other financial institutions considering blogging The Finanser (Chris Skinner) – "Therefore, this could prove interesting in creating a corporate case study in how to […]
The Economist has an interesting article on newborn babies' innate sense of numbers and ability to count. People are born with an innate sense of how many items there are in small collections. Experiments in which older children and adults are shown randomly arranged dots and asked to say quickly how many there are show […]
I'm not the only one with a crush on Andrew Ross Sorkin, editor of NYTimes DealBook. He's been so great on Charlie Rose (my other big crush) that the NYC PBS station has invited him to host a seven-part series on the economy and what it means to everyday New Yorkers. Starts on Thursday the […]
ForteBlog readers, I must apologize for my relative silence. I've had trouble with my eyes the last few weeks which in turn makes it uncomfortable to view my computer screen. Doctors have been consulted and I am on a course of treatment that is helping (its apparently an allergy that has caused the inflammation). But […]
[via Alan Rappeport at CFO.com] Those seeking historical context for today's credit crisis and hoping to learn from John Kenneth Galbraith's The Great Crash of 1929 will have to wait. It's on back order at Amazon (until Nov 13) and apparently sold out of New York area bookstores. In his updated introduction penned in 1997, […]
Beware! Barclay's may end up with Lehman contracts that it did not intend to purchase as a result of an Excel to PDF formatting error: [via SOX First] In a fascinating case, reported by The Register, Barclays intended buying the good bits of what was left of Lehman but a badly put together Excel spreadsheet, […]
My work often involves bridging gaps, resolving misunderstandings, and fostering collaboration between the finance department and other parts of large, complex organizations. So I was intrigued by this recent research from HBS on " interaction patterns in modern, complex, multiunit firms." Key findings: Communication is heavily constrained by formal organizational structure: the vast majority of […]