Can News Delivery Be Financed by Conferences?

When Tina Brown announced that she would leave The Daily Beast, she reported that she would begin to organize conferences.  Re/Code, a tech news site run by two veteran reporters from the Wall Street Journal and the Washington Post was launched with backing from NBC Universal among others.  They also have a conference company, Code Conference, which is charging $6,500 a person for their upcoming conference in Rancho Palos Verdes, Ca. Do people still want (and need) to interface live?  Is some combination of ether and live talk the answer to delivering news?

Conferences

Sallie Krawcheck Gives You a Question

For April is FInancial Literacy Month, ask yourself this question, courtesy Sallie Krawcheck of about to be re-named 85 Broads:

A friend brought up the idea that we all need to ask ourselves: am I a stock or I am a bond? Am I in a profession that’s higher risk, where I could lose my job? If that’s the case then I’d better be very conservative in how I think about my savings and my investments. Or I am I bond? Where I’m confident I’m in a job I’m not going to lose. I’m not going to hit the home run but I’m probably not going to lose my job. In which case with my investments I can take on a little more risk as I think about saving for retirement. I don’t know that anybody’s asking that question but it’s worth thinking about: are you a stock or a bond?

 

Stock or Bond?

Men Ask for Salary Increases; Women Don’t.

It’s not an exaggeration to say most of America’s financial sector is run by men. In the securities and investment banking industries, men hold more than 80 percent of executive positions. And women hold only 17 percent of the board seats on Fortune 500 companies.

Sallie Krawcheck bucked the odds.

As former president of global wealth and investment management for Bank of America, she oversaw more than $2 trillion in assets. But corporate turnovers and personnel changes got her unceremoniously pushed out.

Wall Street lost one of its few women at the top when Krawcheck left, but she’s not the only one. During the economic downturn, women lost finance jobs in greater numbers than men. And before that, women had beenleaving the financial sector for several years.

Krawcheck is now on a mission to bring those numbers up. Last year, she took charge of 85 Broads, a women’s network that’s grown to include more than 30,000 members.

On bringing more women onto corporate boards

Women have been shown to be, on average, more risk averse [than men] … to be longer-term in their outlook. In fact, I saw a recent piece of research that showed, on average, when men enter a negotiation, they’re focused on coming out the other side winning. And when women enter a negotiation, they’re more focused on coming out the other side with the relationship intact.

On the consequences of women not asking for money

What I’ve found over time is that when it would come to bonus time or raise time, I would hear from the gentlemen, “I want to make X.” I don’t think I ever heard from a woman who worked for me, “I want to make X.” And research shows, men ask and women don’t. … Say we’ve got two employees, Joe and Joanne. They’re both set to make $5 in bonus. Joe comes into my office and says, “Hey, Sallie, I’ve had a great year. I’d like to make $10 this year.”

After Joe leaves, I call the head of HR, and we sort of say, “Can you believe this? Joe wants to make $10, he’s in for $5, ha ha ha.” But we don’t want to lose him. So we put him in for $7. And that means Joanne isn’t going to get the $5 we had planned. She’s going to get $3. Because the bonus pool doesn’t go up. She sees her bonus actually reduced.

On her women’s professional network 85 Broads

These women have intuitively recognized the research that says the No. 1 unwritten rule of success in business is networking. Not schmoozing, but having access to information, knowing people. … Stuff I want to know that can help me in business and life that my company isn’t providing. We do online education seminars on things like: How do you ask for a raise? How do you get on a board? How do you pivot into public service?

And what is really interesting, the women who have joined our network have lower attrition rates from the workforce than the average for the professional woman. So there’s something that’s happening in the network by bringing together these like-minded individuals, that’s helping these women in their careers.

Sallie Krawcheck

The Less People Know About Bitcoins, the More They Disapprove

New poll reveals that ignorance damns.

“Some people, when they don’t know what something is, want to ban it,” says Reason-Rupe polling director Emily Ekins. “Other people, if they don’t know what something is, they think it should be allowed unless it’s causing someone harm in some way. And this question really delineates who those individuals are that favor choice and favor prohibition.”

Only 19 percent of respondents had “a lot” or “some” knowledge of bitcoin, but that didn’t stop 47 percent of them from saying they wanted to ban it. However, the more someone claimed to know about bitcoin, the less likely he or she was likely to want to prohibit it, with 71 percent of respondents who claimed to know “a lot” about bitcoin saying it should be allowed and, on the other side of the spectrum, only 27 percent of those who claimed to “know nothing” about it wishing to allow it. Among groups polled, the strongest supporters of bitcoin included young people (ages 18-29), gamers, and political independents.

Banning Bitcoins?

Tips for Raising Money from Investors

Global Invest Her makes these suggestions:

Helpful Tips for Raising Money from Investors

Raising money from investors
If you are considering raising money from investors,
check out this excellent video that covers:• What to consider when determining your funding needs?
• How to know when you’re ready?
• What to prepare?
• How to get in front of investors?
• Key terms and financing strategies
• Strategies for raising money – from pitch to closing

Tips for Getting Investors

Game Changers in Technology

Here some trends to consider:

No matter what industry you’re in, your company can’t survive without technology. From smart phones and tablets to mobile apps and cloud-based technology, there’s a plethora of technological advancements to not only keep track of, but also to profit from.

To stay competitive, your organization needs to anticipate the most significant technology trends that are shaping your business and changing your customer, and then develop innovative ways to use them to your advantage, both inside and outside of your organization. Remember, if it can be done, it will be done. If you don’t use these technologies to create a competitive advantage, someone else will.

Over the next five short years the following game-changing technologies will transform how we sell, market, communicate, collaborate, educate, train, innovate, and much more.

1. Big Data Gets Bigger and Becomes a Service. Big Datais a term to describe the technologies and techniques used to capture and utilize the exponentially increasing streams of datawith the goal ofbringing enterprise-wide visibility and insights to make rapid critical decisions. Companies are learning the hard way that Big Bad Data can get you into trouble fast, so there is a new push to focus on the quality of the data as it is being captured. High Speed Analytics using advanced cloud services will increasingly be used as a complement to existing information management systems and programs to tame the massive data explosion. This new level of data integration and analytics will require many new skills and cross-functional buy-in in order to break down the many data and organizational silos that still exist. The rapid increase in data makes this a fast-growing hard trend that cannot be ignored. Big Data as-a-Service (BDaaS) will emerge this year as cloud providers offer midsize and smaller organizations access to much larger streams of relevant data they could not tap into otherwise.

2. Cloud Computing Gets Personal and Advanced Cloud Services will be increasingly embraced by business of all sizes, as this represents a major shift in how organizations obtain and maintain software, hardware, and computing capacity. As consumers, we first experienced public clouds (think about when you use Google Docs or Apple’s iCloud). Then we saw more private clouds giving companies the security and limited access they needed, as well as hybrid clouds that provided both, giving customers and consumers access to specific areas of a company’s cloud. Companies of all sizes are using the cloud to cut costs in IT, human resources, and sales management functions. As individuals increasingly use personal mobile clouds, we will see a shift to services and less of a focus on the devices we use to access our services. This shift will also help us address the three limiting factors of mobility: battery life, memory, and processors.

3. On Demand Services will increasingly be offered to companies needing to rapidly deploy new services. Hardware-as-a-Service (HaaS) is increasinglyjoining Software-as-a-Service (SaaS), creating what some have called “IT as a service.” The rapid growth of Collaboration-as-a-Service (CaaS), Security-as-a-Service (SaaS), Networking as-a-Service (NaaS), and many more are all giving birth to Everything as-a-Service (XaaS). All will grow rapidly for small as well as large companies, with many new players in a multitude of business process categories. These services will help companies cut costs as they provide access to powerful software programs and the latest technology without having the expense of a large IT staff and time-consuming, expensive upgrades. As a result, IT departments in all industries will be increasingly freed to focus on enabling business process transformation, which will allow organizations to maximize their return on their technology investments.

4. Virtualization of Storage, Desktops, Applications, and Networking will see continued acceptance and growth by both large and small businesses as virtualization security improves. In addition to storage, we will continue to see the virtualization of processing power, allowing mobile devices to access supercomputer capabilities and apply it to processes such as purchasing and logistics, to name a few.

5. Consumerization of IT increases,as consumers become the driving source for innovation and technology, which is fueled by rapid advances in processing power, storage, and bandwidth. Smart companies have recognized that this is a hard trend that will continue and have stopped fighting consumerization. Instead, they are turning it into a competitive advantage by consumerizing their applications, such as recommending safe and secure third party hardware and apps. Encouraging employees to share productivity enhancing consumer technology will become a wise strategy.

6. Wear Your Own Device (WYOD) will take off this year as wearable technology goes mainstream with big players launching smart watches, smart glasses, and more, creating new problems as well as opportunities for organizations of all sizes. Over the past few years, Bring Your Own Device (BYOD) caught many IT departments by surprise; it’s now time to get in front of this this predictable hard trend and turn it into an advantage.

7. Gameification of Training and Education will acceleratea fast-moving hard trend ofusing advanced simulations and skill-based learning systems that are self-diagnostic, interactive, game-like, and competitive, all focused on giving the user an immersive experience thanks to a photo-realistic 3D interface. Some will develop software using these gaming techniques to work on existing hardware systems such as both old and new versions of Xbox and PlayStation. A social component that includes sharing will drive success.

8. Online Learning and Massive Open Online Courses (MOOC) have been embraced by highly recognized and traditional educational institutions, putting them in a position to challenge all educational systems by making Location and Tuition far less of a barrier to receiving the information, training, and knowledge people need to know in order to succeed in a rapidly changing world. This hard trend, combined with Gameification systems, will change the face of global education.

9. eBooks, eNewspapers, eMagazines and Interactive Multimedia eTextbooks are finallypassing the tipping pointdue to the abundance of smart phones and tablets that provide a full color experience, and publishers providing apps that give a better-than-paper experience by including cut, copy, paste, print, and multimedia capabilities. Interactive eTextbooks will finally take off thanks to easy-to-use software such as Apple’s iBook Author and other competing tools, freeing new publishers to create compelling and engaging content, and freeing students from a static, expensive, and literally heavy experience.

10. Social Business Applications take on a new level of urgency as organizations shift from an Information Age “informing”model to a Communication Age “communicating and engaging” model. Social Software for business will reach a new level of adoption with applications to enhance relationships, collaboration, networking, social validation, and more. Social Search and Social Analytics will increasingly be used by marketers and researchers, not to mention Wall Street, to tap into millions of daily tweets and Facebook conversations, providing real-time analysis of many key consumer metrics.

11. Smart Phones & Tablets Get Smarter with the rapid advances in processing power, storage, and bandwidth. Smart phones have already become our primary personal computer, and the Mobile Web hasbecomea must-have capability. An Enterprise Mobility Strategy Becomes Mandatory for all size organizations as we see mobile data, mobile media, mobile sales, mobile marketing, mobile commerce, mobile finance, mobile payments, mobile health, and many more explode. The vast majority of mobile phones sold globally will have a browser, making the smart phone our primary computer that is with us 24/7 and signaling a profound shift in global computing. This new level of mobility and connectivity by many millions around the world will allow any size business to transform how they market, sell, communicate, collaborate, educate, train, and innovate using mobility.

12. Mobile Apps for Business Processes such as purchasing, supply chain, logistics, distribution, service, sales, maintenance, and more will grow rapidly. There will be an increasing focus on Business App Stores within companies giving users access to personalized information they need on their mobile devices anytime and anywhere.

High Tech

A Hackathon in Myamar

It’s a Saturday afternoon and Ye Lin Aung has been holed up in an office all night. He and a group of friends have been working through the night on a mobile app that would help farmers to protect their crops.

They are competing in Myanmar’s first-ever hackathon, a 48-hour contest to create tech-based solutions for some of the country’s pressing development challenges.

It would be a familiar scene in San Francisco or New York. But not so Myanmar, a country where a slim segment of the population has access to phones and the vast majority of people have never been online.

After decades of military rule and isolation, Myanmar has begun opening up to international aid and investment. Its telecoms industry lags far behind neighbors like Thailand and India: mobile phone penetration is roughly ten percent; even fewer have access to the Internet.

Despite this low connectivity, Myanmar’s tech community is growing. Tech events such as this hackathon, and broader collaboration between coders and do-gooders, may yield technology solutions for development and humanitarian issues.

“The potential to do really good work, to use tech to solve real problems, is so clear,” said David Madden, founder of Code for Change Myanmar, which helped organize last week’s hackathon in Myanmar’s main city, Yangoon.

At the hackathon kick-off at the headquarters of Qatari telecom Ooredoo, one of the sponsors, representatives of Myanmar-based NGOs laid out the challenges for the team: to come up with a tech fix for a specific task. These ranged from how to reach sex workers to educate them about HIV/AIDS to crowdsourcing election monitoring for next year’s presidential vote.

Eighty-three people joined the hackathon and split into 17 teams. At the end, a panel of four judges gave each team three minutes to present their app or website.

NilBug won the competition with an app that would allow farmers to look up which pesticides were best to use on their crops, and to swap tips with other farmers on pest prevention.

While last week’s hackathon was the first of its kind, Myanmar has hosted other donor-funded tech events, including a BarCamp meet-up in Yangon in February that drew more than 5,000 participants. The previous month, a US embassy-supported TechCamp brought together more than 150 civil society activists for training in tech skills. BarCamp events have also been held in Mandalay, Myanmar’s second largest city.

While enthusiasts say that widespread tech literacy and access could lead to improvements in Myanmar’s fledgling democratic institutions, it’s no panacea for a country torn by ethnic-based conflicts, grinding rural poverty, and political divisions that no smartphone app can fix. Twenty-six percent of the population lives below the poverty line, according to the UN Office for Project Services. Starved for decades of investment, public infrastructure is decrepit and overwhelmed.

A spokesman from the US embassy in Yangon said digital literacy could support efforts in Myanmar toward better governance and economic growth. It could also bolster education by allowing schools to connect with counterparts in other countries, and improve communication with groups in rural areas.

Phil Morle, CEO of Pollenizer, a Australia-based company that helps start-ups in Asia and Australia, believes Myanmar is ripe for a digital revolution because of “latent interest combined with the on switch about to be ticked with the Internet.”

Hackathon

Australian Entrepreneur Runs Three Mines

Sinead Kaufman is often referred to as the ‘mayor’ of Tom Price: A West Australian mining town of 4500 residents with a Coles supermarket, post office, and temperatures that regularly hover around the 38 degree mark.

She’s that involved in the day-to-day operations of the growing Pilbara-based town – including supporting family-based facilities such as the childcare centre and two primary schools – that she’s earned a reputation as keeping the place in order.”

It’s all part of the job for Kaufman, who oversees three mines in the region as General Manager of the Tom Price and Marandoo Operations for Rio Tinto, managing 1400 staff and producing 40 million tonnes of iron ore a year. But not quite what she imagined studying geology at university twenty years ago. “I had a hugely romantic view of being off in a landrover somewhere exploring huge mines! It was highly romantic, in my mind.”

Last week, Kaufman was named one of Chief Executive Women’s seven education scholarship winners and the recipient of a $55,000 prize to attend a month-long Advanced Executive Program at INSEAD in Fontainebleau, France.

Working 12 hour shifts and travelling extensively between the three mines, Kaufman’s responsible for overall operations issues at the mines and dealing with the various employee and township issues that come up. With more than 90% of the houses in Tom Price own by Rio Tinto, that means dealing with everything from allocating houses to managing community issues and supporting the development of relevant facilities. She’s also on the board of the Tom Price Primary School, the Nintirri Community Centre and leads the Rio Tinto Iron Ore Mental health working group, supporting the health and wellbeing of miners across the state.

It’s a tough place to live, Kaufman concedes, but an interesting place to be. There are plenty of activities and facilities for the kids and some unique hobbies to explore on the ‘off’ days, such as gold prospering which Kaufman does with her husband and a metal detector whenever they get the chance.

She believes finding local, relevant hobbies is essential for getting involved in the local community and learning about a new town. In the far North Queensland where she was last posted, she took up fishing.

Meanwhile, having been flung far from her Irish upbringing to some of the globe’s most off-beat locations, including the Australian outback and underground copper mines in South Africa – she believes a close life partner and help at home are key to managing such a unique career. Her husband left the British Army to follow her mining career around the world, ultimately landing his own job with Rio Tinto.

Raising two children, ages two and six, the two have become a Rio Tinto “husband and wife team” by both sharing parental leave and flexible work arrangements. Kaufman took the first six months off when they hand their last child, while her husband followed it up by taking a further 18 months and continues to work flexibly and in line with ‘school hours’ to manage the childcare and school drop-offs.

Kaufman also takes great pride in supporting minority groups across the employee base – such as the 20% of the workforce that is female, and Rio Tinto’s Aboriginal employees. “We do spend plenty of time putting in support mechanisms for theses different groups,” she says. “The joke often is, ‘is there anything for the white males to do’?’

Sinead Kaufman

Cybercrime on the Rise?

Our correspondent Andreas Frank reports cybercrime on the rise.  Summarizing a  Rand Report which we have attached below, Frank notes:

  •  Economic Maturity: The hacker black market mirrors that of other free markets in both evolution and growth. RAND found five key indicators of economic maturity, including sophistication, specialization, accessibility, reliability and resilience.
  • More Profitable than Drug Trade: RAND’s report suggests the cyber black markets are a maturing, multi-billion-dollar economy, with robust infrastructure and social organization. In fact, RAND found the black market can be more profitable than the illegal drug trade. The links to end-users on the black market are more direct and worldwide distribution, being electronic, is trivial.
  • Rise of Twitter: In any traditional market, the yield or scarcity of a product influences its price. RAND found product prices on the illicit market are no different. Traditionally, credit card information was the currency of the black market, demanding high prices, ranging from $20-$40. However, high-profile breaches have created a recent influx of available credit card data. As a result, the scarcity and value of the stolen credit card information is decreasing. At the same time, social media and other online accounts are increasing in value due to scarcity on the market and a greater payoff for cyber criminals. RAND found hacking into accounts like Twitter can generate per-account revenues of $16 to $325+ depending on the account type.
  • Implications for Those Defending: One of the most disturbing and surprising findings from RAND is the increasingly rapid maturity of the market. RAND believes the ability to attack will outpace the ability for companies to defend. Juniper believes we must change the economics of hacking. Using forms of Active Defense like intrusion deception to actively identify, disrupt and frustrate attackers is a very promising approach.   Rand Report on Cybercrime       
  •                                                              Cybercrimes

 

Protecting the Rights of Saudi Men

An Article in the Saudi Gazette Newspaper suggests that we ignore men who are abused by women.  by Saleh Bin Sabaan Makkah daily

A female television broadcaster who is also a women’s rights activist recently spoke about the phenomenon of violence against women in Arab societies. While demanding an end to this phenomenon, she said that female victims of violence suffer from various psychological disorders.

However, no discussions took place on the violence perpetrated by women against men. Is there any organization to count the number of men who have been subjected to violence and harassment from women? Every one of us – both men and women – know that a large number of men have been put behind bars simply because of women. They include murderers, thieves and corrupt officials. There are large numbers of men who have lost their dignity at the hands of women, have become mentally unstable, have committed suicide and have even become addicted to drugs.

Why do we not count these as examples of men who have been victimized by women? I recently read a warning from a women’s rights activist that there has been an increase in the number of men in Arab society who have become victims of assault and harassment at the hands of women. I think that the harassment caused by women is more harmful because it falls into the category of mental harassment.  Women resort to lies, manipulation, conspiracy and tricks that they employ in all occasions and situations. A woman will use words, tears, laughter, fake illness, and whispering to deceive her man. All of these are the sources of her strength. A woman outshines man in this respect because she has more control over her emotions and sentiments than a man does.  If you look at any food channel, you can see that most professional chefs who show their expertise and talent in the art of cuisine are men, even though cooking is supposed to be the duty of women. In general, women suffer from an acute shortage of creativity because they stick to the ground reality. Women are not typically inclined toward adventurism and experimentation. On the other hand, a woman is more dedicated to consumption and materialism. She is content with possessing things and simply keeping them without taking advantage of them. If you have a look at her “treasures” in the cupboards and trays of a kitchen, you will understand my point. For instance, it is futile to assume that she might spend half of the value of kitchenware on buying books.

Saudi Arabian Men