economics

Robots

Robotic Factory Workers Getting Laid Off Just Like The Rest Of Us

10:30PM John Herrman | One of the dangers of humanising robots—giving them person-like shapes, names and roles—is that when they face joblessness due to a decrease in demand for manufacturing, you actually feel a little sorry for them. More »
Business

Even More Head-Scratching Apple Analysis From CNBC

6:00AM Jack Loftus | Additional Apple-related shenanigans from CNBC as they report on Apple stock “tanking” in January following Steve Jobs’ poor health: More »
Gadgets

Recession Economics: What Can’t You Live Without?

3:00AM Dan Nosowitz | A Pew survey back in 2006 showed what Americans felt were their necessary luxuries (car, TV, air conditioner, computer). That survey was recently re-done, and tech showed surprising strength despite the economy.
Business

Apple Removes Baby Shaking App 1600 Employees From App Store Actual Stores

8:31PM John Herrman | Apple’s financials looked pretty spectacular this quarter, with a total profit in excess of $US1.2 billion despite the gruesome economy. They also exceeded expectations for iPod and iPhone sales, laptop sales, and layoffs. Wait, what? More »
Gadgets

Last Year’s Model: Get Great Gadgets. And Keep Them

1:30PM Adrian Covert | That’s the slogan from Last Year’s Model. They believe if you buy gadgets that don’t suck, you’ll use them longer and not need to buy new stuff all the time—thereby going green. Seems logical.
Screens

LCD Prices Climbing During Recession, Chinese Farmers To Blame

6:13PM John Herrman | Cheap electronics can be counted as one of the few perks of a recession, but because of China’s stimulus plan, tobacco farmers in Qinhai and simple economics, LCD screens are actually getting more expensive. More »
Business

Nokia Cancelling $US5B of Outsourced Mobile Phone Production

10:11AM Brian Lam | Nokia is cancelling all of their external mobile phone production. That equates to them cutting 17% of their manufacturing output. Ouch. [iSuppli] Nokia Pulls More Than $US5 Billion in Business From Contract Manufacturers More »
Gadgets

Numbers Behind the War on Piracy Could Be Completely Bogus

2:30PM Gizmodo US Edition | Ars Technica did an in-depth investigation into the numbers behind the war against piracy and found that Congress might as well be telling people counterfeit goods cost the economy eleventy billion zillion, for all the truth behind its figures. The oft invoked $US250 billion and 750,000 jobs lost because of intellectual property theft have been repeated for over a decade, with virtually no research to back it up. More »