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  • 30Jan

    In a majority of 70 vs. 30 and after a long battle by the republican senators, the senate had approved the Federal Reserve chairman’s second term.

    The US senate had approved with a majority of 70 vs. 30 that Ben Bernanke will continue to he’s second terms as the chairman of the Federal Reserve. Bernanke got Barak Obama’s support for the nomination after Obama claimed the Bernanke’s policy helped the US to minimize the damages of the global financial crisis.

    Although Obama declared that he supports Bernanke’s nomination few months ago, the objection of republican senators had put a question mark over Obama’s ability the pass the nomination.

    For more about this story.

    Ailon.

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  • 27Jan
    Technology Comments Off

    Apple Lunched today its new flag product – The iPad a tablet pc which will cost starting from 499$.

    Apple had to put an end to the rumors and speculations when it announced its new tablet PC. During an event that took place in San Francisco, Apple’s CEO Steve Jobs had announced the release of the new product- the iPad.

    iPad- Apple's new tablet PC

    iPad- Apple's new tablet PC

    The new product, which is mainly focused around network services, includes a 10 inch screen and it’s based on the iPhone operation system iPhoneOS. The iPad is 1.25 cm thick and weights 700 grams. The iPad works on Apple’s CPU the A4 with approximately 1 GHz CPU power. The iPad also has a Bluetooth capability and apple had declared that it can last as long as 10 hours on its batteries. The iPad screen is of course a multi touch screen.

    Job has declared that the iPad is a part of a new generation of products between the Laptops and Smartphones. What about notebooks? Jobs said that notebooks are nothing but weak and cheap laptops.

    Apples had declared that the iPad will support all the iPhone and iPod applications as well as having original application of its own. One of the major goals of the iPad is to act as an electronic reader (similar to Amazon Kindle). In the event itself Jobs announce that Apple had already signed deals with 5 of the world’s largest book publishers.

    Also during that event Jobs had announced that Apple had sold its 250 million iPod few weeks ago and had more than 250 million visitors, in its 284 stores, in the last quarter.

    Ailon.

    The CEO Game.

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  • 26Jan

    The uncertainty about, the Federal Reserve chairman Ben Bernanke, to second term had raised after two democratic senators showed objection.

    Ben Bernanke will get enough votes in the sent to get the second term in the chairman position – said David Axelrod, one of President Obama’s top advisors

    “The president is confident that the chairman’s appointment will be approved“ Said Axelrod. At the weekend president Obama contacted the Democratic Party leadership to confirm that Barnanke will receive the required votes for his appointment, an indication for the growing concern in the government about Bernanke’s weakened position.

    On his way to a second term?

    On his way to a second term?

    The uncertainty about Bernanke’s re appointment was worsened this weekend, after two democratic senators had announce that they object his appointing, which caused a sharpest falls in US stock market for the last 10 months. Bernanke critics, which object his second term, claims that the Federal Reserve Bank had failed to prevent the worst financial crisis since 1929 and that the bailout that was handed to the banks came on the cost of US tax payers.

    Ailon.

    The CEO Game.

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  • 24Jan

    The two students that founded Google and made it an Internet Giant had announced that they are about to sell 10 million stocks at the value of 5.5 billion dollars.

    Sergey Brin and Larry Page, the two students that founded Google, are starting to think about their own future. They have announces yesterday that they will offer for sell 10 million stocks that they own. The selling will be preformed over a period of 5 years; it will assume the complete control from their hands when they will be left with only 48% of Google’s control stocks.

    Thinking About Their Personal Future.

    Thinking About Their Personal Future.

    The Founders of Google possess today about 58 million Google’s stocks which were yesterday traded at the value of 548 dollar per stock. According to the company’s announcement they plan to realize some of their holding as part of a long term strategy to spread their personal investments.  After the sale Page and Brin will still continue to hold a major part of Google’s stocks and control.

    Today Page acts as Google’s president of products and Brin as president of technology. According to the current value of Google’s stock each one of them will earn around 2.75 billion dollars from the sale.

    Ailon.

    The CEO Game.

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  • 18Jan

    How do you deal with change? How do you get your employees embrace the new changes? What is the difference between good plans and great plans? Well Patrick Dixon, which was defined by the New York Times as a “Global Change Guru” and as “Europe Leading Futurist” by Press Association, tries to answer those questions. We invite to view the following keynote by Dixon and open your mind for the change.

    Ailon.

    The CEO Game.

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  • 13Jan

    In the European Union an all time negative record was broken in November: 10% rate of unemployment. Just like the United States and president Obama, the European Union too is battling with high rates of unemployment. The unemployment rate has risen in all European Union countries and has reached the highest peak since the beginning of the millennium. Spain is leading the charts, and the Netherlands enjoy the lowest rate.

    Like Obama, the European Union is stuck with a high unemployment rate.

    Like Obama, the European Union is stuck with a high unemployment rate.

    For the first time since the Euro currency was launched in 1999, the unemployment rate among the 16 countries which are members of the EU and use the common currency has reached 10%. EuroStat, the Statistical Office of the European Union, had published last week the data which shows that the unemployment rate had risen in 0.1% from October, and is now standing on the highest level since August 1998, an 8% increase compared to 2008 at the time.

    As mentioned above, Spain is suffering from the highest rate of unemployment at 19.4%, while Holland is proud to have only 3.9%, the lowest rate. This inequality re-raised the claims that the common Euro currency is of more beneficent to some countries than to others.

    The unemployment rate of 27 EU members which don’t use the Euro like Britain and Sweden had also risen in November by 0.1% to 9.5%. Through out the entire Euro bloc you can find countries who are suffering from the recession such as Spain, Greece, Cyprus. In addition, many economies are rapidly shrinking for instance in Estonia, Latvia, Hungary, Romania and even in the United Kingdom.

    Altogether in November, 22.9 million of people where unemployed in the European Union, 15.7 million out of them are from the Euro bloc. The EuroStat had also published data showing on a 0.4% growth in the Euro bloc’s economy in the third quarter of 2008, due to Germany and a 0.3% growth in the entire European Union. A reason to be optimistic? We aren’t so sure…

    Omer Shachnai

    The CEO Game.

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  • 11Jan
    The US president responded to the latest unemployment stats and has begun to initiate green energy projects which will create thousands of jobs: “Building a robust clean energy sector is how we will create the jobs of the future, jobs that pay well and can’t be outsourced,” Obama said at the White House.


    Obama is a green thumb.

    Although the terror incident (an attempt to blow up a Delta Airlines plane approaching US soil) in Christmas changed his agenda, US president Barak Obama has returned to focus on American economy and promoted a new initiative to create thousand of jobs in the clean energy sector. This comes after the new government’s report on the unemployment rate, which doubts the financial recovery.

    Obama announced on the awarding of $2.3 billion in tax credits to companies that manufacture wind turbines, solar panels, cutting edge batteries and other green technologies. The money will come from last year’s $787 billion stimulus program. With this tax relief he will create 17 thousand green jobs. According to him, more than 180 projects in 40 different states will receive the the tax relief.

    “The jobs numbers are reminder that the road to recovery is never straight,” the president said, adding that the overall trend was improving. It was only the fact that many workers went out of the American job market’s statistics the prevented the unemployment rate to cross the 10% line in December, according to economists. If the size of the market wouldn’t have shrunk in 661 thousand workers last month, the unemployment rate would have been 10.4% the experts explained.

    Experts believe that the real unemployment rate is higher than official stats, since the economy surprisingly lost 85 thousand jobs in December, but the unemployment rate remained the same. Almost 1.7 million American went out of the labor force between July and December, a 1.1% descent which is the biggest half-annual drop since 1961.


    The CEO Game.
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  • 09Jan

    How would you decide what is better, more important or will get you to where you want faster? How can you make your decisions better and better for you?

    When you want to reach a given goal, there is usually more than one way to achieve it. There can be more than one good way to act and they might all help you to get to where you want, but for certain there is always one way which is better than the rest.

    Which way to go?

    Which way to go?

    You have to decide not only which ways to take, but also how much effort should you invest in each step. How would you know how to decide what’s better or more effective? Well to do so you’ll have to rank your alternatives. To rank most effectively and reach the right decisions you will have to compare the options in front of you with the main goal.

    The ranking is fairly simple, the more each action assists you in reaching the main goal the more it’s important. You will have to find a link between each step and the main goal otherwise this step is simply useless. The more you will be able to connect each step to the main goal the more you will know how to rank the steps.

    A right implementation of this approach will assist you in prioritizing task and in the ability to effectively choose which task or project are worth more effort and which are simply don’t. Knowing how to prioritize task is the corner stone in the CEO’s job.

    Ailon.

    The CEO Game.

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