Private Equity in MENA 2010
An interesting report that highlights the number of deals done in the region. Certainly a slowdown – though many take time to admit it. Hat tip to Biju.
An interesting report that highlights the number of deals done in the region. Certainly a slowdown – though many take time to admit it. Hat tip to Biju.
Every year Warren Buffett opens up to his shareholders. Fortunately, I’m one – a small one nonetheless. Fortunately, his openness isn’t just limited to us shareholders. You can visit http://www.berkshirehathaway.com/ for some good information. Meanwhile, you can read the letter to shareholders and learn a lot more.
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I’m sure you’ve heard of the Nano – the world’s cheapest car. In that case, you’ve heard about Tata. Here’s an excellent piece from Strategy & Business on Tata – Too Good To Fail.
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Each of these firms saw an increase in the LinkedIn activity of their employees, measured by member registrations or updates to the individual’s company title on LinkedIn. This activity coincided with key corporate announcements such as the acquisition of Merrill Lynch by Bank Of America, or the Lehman Brothers bankruptcy announcement.
Where did all these employees go? One hypothesis is that many of the employees left the financial industry. According to the LinkedIn data set, that just isn’t true. There are a handful of people that did transition to other industries and start new careers, but most stayed in the financial space. To be specific, other than two acquiring companies (Bank of America acquired Merrill Lynch and Nomura acquired Lehman Brothers’ franchise in the Asia Pacific region), Barclays was by far the biggest beneficiary, scooping up 10% of the laid off talent, followed by Credit Suisse at 1.5% and Citigroup at 1.1 %.
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Keep your axe sharp.... that was the best advice I ever received.
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Apple released the iPad. Honestly, I was expecting it. But I was expecting more. It’s working on an iPhone OS3 operating system. It allows the same applications (or apps for short) to be used. However, it doesn’t have a camera! What’s the use of a tablet without a camera? It no longer serves as a multimedia device. Infact I was hoping they’d have two cameras – one on the front, the other on the back. Now will this be able to compete with Kindle. Yes. And No. Yes, if Amazon releases its Kindle for Mac and iPad. I guess you can use the Kindle for iPhone app – but I’m yet to see that. And No because Amazon hasn’t really opened up the Kindle store to the world (Bahrain is yet to get access). Apple now provides a book store (iBooks) for iPad – now that’s interesting – are we hinting at something here? As I stated in my earlier post, people want a multi-purpose device and not a single use one. Oh, btw you can’t multi-task on an iPad – which means no listening to music while you type something out.
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