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Google has figured out that it can save money by getting product ideas from users rather than engineers. After all, you can't pay engineers in "shout outs" on their blogs like their offering for users.
Analysts knew it would be bad, but not this bad. Retail sales this year are down 5.5% in November and 8% in December overall, but electronics specifically fell by an astounding 27%.
"All set. Now, only 23 more payments and this beauty will be all mine." [Midget Quest -- Thanks B.B.]
We've always been fans of the Dash Express, with its real-time web-delivered traffic monitoring and its constantly evolving app platform. Somewhat sad news today is that Dash Navigation will be pulling out of the consumer hardware business entirely and cutting 50 jobs (two-thirds of its work force)--enabling them to move toward licensing their innovative software platform to other GPS nav makers, as well as to mobile phones and MID platforms in the future. But in a lot of ways, the move makes perfect sense.
Fresh off a pretty huge round of layoffs, their Detroit office closure and a flurry of rumours about their solvency, Tesla Motors has been promised $US40m in financing. Considering the fact that Elon Musk, mildly successful space invader and the owner of the company, had admitted just a few weeks ago that the company only had about $US9m in bank, this new investment probably means the difference between customers getting their cars on time and Tesla, well, dissolving. So, Tesla, you've got your money — can we have our sedan, please? [NYT]
As if we didn't have enough with the stock market going down in flames on its own, computers have decided to screw them a little bit more and make everyone go "WTF" for a few minutes this morning. After dropping around two hundred gazillion points yesterday, today the Dow Jones industrials saw another drop of 700 points, which was suddenly reduced to 125 and then went down again. Everyone thought "rebound" for a second there, until they realised what was really happening.
