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	<title>ChiaTown&#187; Mergers/Acquisitions</title>
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		<title>Knee-Jerk Reaction On Sprint&#8217;s Future After AT&amp;T and T-Mobile Announcement</title>
		<link>http://www.chiatown.com/2011/03/21/knee-jerk-reaction-on-sprints-future-after-att-and-t-mobile-announcement/</link>
		<comments>http://www.chiatown.com/2011/03/21/knee-jerk-reaction-on-sprints-future-after-att-and-t-mobile-announcement/#comments</comments>
		<pubDate>Mon, 21 Mar 2011 15:43:47 +0000</pubDate>
		<dc:creator>Chia</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Deals]]></category>
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		<category><![CDATA[market share]]></category>
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		<category><![CDATA[mobile phones]]></category>
		<category><![CDATA[Wireless]]></category>
		<category><![CDATA[AT&T]]></category>
		<category><![CDATA[AT&T T-Mobile buyout]]></category>
		<category><![CDATA[buyout]]></category>
		<category><![CDATA[Dan Hesse]]></category>
		<category><![CDATA[FCC regulation]]></category>
		<category><![CDATA[LBS]]></category>
		<category><![CDATA[location based services]]></category>
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		<category><![CDATA[mergers]]></category>
		<category><![CDATA[Sprint]]></category>
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		<category><![CDATA[T-Mobile]]></category>
		<category><![CDATA[Verizon]]></category>

		<guid isPermaLink="false">http://www.chiatown.com/?p=209</guid>
		<description><![CDATA[In case you haven&#8217;t heard, AT&#38;T has announced they will buy T-Mobile from Deutsche Telekom for $39 billion. This deal would make AT&#38;T the largest wireless carrier in the United States. Reaction to the news has been nuts already. Sprint&#8217;s stock (ticker symbol: S) is getting hammered in the stock market with a 13% drop [...]]]></description>
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</script></div><div style="height:100%;min-height:100%;overflow:auto;"><p>In case you haven&#8217;t heard, AT&amp;T has announced they will buy T-Mobile from Deutsche Telekom for $39 billion. This deal would make AT&amp;T the largest wireless carrier in the United States.</p>
<p>Reaction to the news has been nuts already. Sprint&#8217;s stock (ticker symbol: S) is getting hammered in the stock market with a 13% drop (as of this writing) amidst very heavy volume. Speculations galore as to what will happen next to Sprint, Verizon, AT&amp;T, the state of wireless in the U.S., and so forth. Even though I SHOULD be working on some other projects right now, I couldn&#8217;t sit by idly as everyone prophecizes Sprint&#8217;s demise. Here are a few knee-jerk thoughts to this news.</p>
<ul>
<li><strong>Will the buyout happen?</strong> &#8211; First, and most importantly, we have to question if this buyout will be allowed to move forward with regulators. That&#8217;s a mighty big merger there and getting fairly close to anti-competitive in the market place.</li>
<li><strong>When will it happen?</strong> &#8211; Even if this buyout is allowed, we&#8217;re talking probably a year or so of regulators scrutinizing the living hell out of this deal, its effect on the market place, how it affects consumers, and so forth. It may have been announced, but it certainly isn&#8217;t going to be completed by Father&#8217;s Day.</li>
<li><strong>Will Verizon Buy Sprint Next?</strong> &#8211; If the AT&amp;T deal is allowed, I still highly doubt a duopoly would be allowed with Verizon buying Sprint. It would be interesting with both GSM (AT&amp; T and T-Mobile) and CDMA (Verizon and Sprint) merging to having just one player in each technology but I really don&#8217;t see regulators going for this.</li>
<li><strong>Competition for Sprint</strong> &#8211; This one is a toughie. On one hand, it would leave Sprint as the number three carrier behind AT&amp;T and Verizon. On the other hand, it means one less competitor for Sprint to have to deal with. It&#8217;s easier to focus your energy on battling two giants than it is two giants and a small player.</li>
<li><strong>Sprint&#8217;s Recent Business</strong> &#8211; Sprint has turned itself around since bringing on Dan Hesse. Customer defections are down, subscriptions are up, money is flowing in the right direction, customer service has turned around completely. Sprint will continue this trend.</li>
<li><strong>Sprint Has More Than Cell Phones </strong>- Sprint is more than just a company that sells cell phones to customers. They have put loads of energy into growing their M2M (machine to machine) business that brings in revenue without having to deal with customers coming and going on the whim of a new shiny cell phone. Most M2M is used for LBS (location based services) which in itself is a rapidly growing industry. Sprint was smart to prepare for this M2M growth and capitalize on it.</li>
</ul>
<p>The web is abuzz with this news. I personally think it&#8217;s great for Sprint as it lets them focus on less competition and to continue their path that has already been digging them out of the trenches. The knee-jerk market reaction of killing the stock has not gone un-noticed by me (disclaimer: I snagged a few shares today on the news) and I find it quite comical.</p>
<p>CTIA starts tomorrow and there have already been leaks of some awesome new phones that Sprint will have (HTC Evo 3D and Nexus S 4G to name a couple). Let the marketplace go into a frenzy on this news and let them focus on a deal that may or may not happen and watch Sprint carry on with their turn-around plan and bank on everyone&#8217;s perception that Sprint will wither on the vine.</p>
<p>I apologize in advance for the brevity and hastiness but that&#8217;s what you get with a knee-jerk reaction. Live it&#8230;love it.</p>
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		<title>Sprint and T-Mobile</title>
		<link>http://www.chiatown.com/2009/09/16/sprint-and-t-mobile/</link>
		<comments>http://www.chiatown.com/2009/09/16/sprint-and-t-mobile/#comments</comments>
		<pubDate>Wed, 16 Sep 2009 21:27:02 +0000</pubDate>
		<dc:creator>Chia</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Business Practices]]></category>
		<category><![CDATA[market share]]></category>
		<category><![CDATA[Mergers/Acquisitions]]></category>
		<category><![CDATA[mobile phones]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Wireless]]></category>

		<guid isPermaLink="false">http://www.chiatown.com/?p=129</guid>
		<description><![CDATA[I&#8217;m sure by now you&#8217;ve heard the rumor of T-Mobile looking into gobbling up Sprint. It&#8217;s certainly an interesting though…number four in the US buying up number three. However, given the additional info that T-Mobile is also wanting to merge with Orange over there in the UK, things become quite a bit more interesting. That [...]]]></description>
			<content:encoded><![CDATA[<p>I&#8217;m sure by now you&#8217;ve heard the rumor of T-Mobile looking into gobbling up Sprint. It&#8217;s certainly an interesting though…number four in the US buying up number three. However, given the additional info that T-Mobile is also wanting to merge with Orange over there in the UK, things become quite a bit more interesting. That merger would make T-Mobile the largest carrier in the UK, giving Verizon (which has ties with Vodafone…which interestingly enough has raised speculation that it may sell its Verizon stake) a run for its money. Another interesting thought is that with T-Mobile merging with Orange they could become the largest carrier around thus making it look like an irresistible carrier for Apple to go with to sell more iPhones (currently Apple has an exclusive relationship with O2 in the UK).</p>
<p>Are you dizzy yet? Abroad, T-Mobile is big and looking to be gigantic. In the US, that&#8217;s not the case. However, with their majority market share overseas, they could use that for aggressive expansion in the US.</p>
<p>Ah, but there&#8217;s more. T-Mobile is running on a GSM network while Sprint Nextel runs on the CDMA network. What gives? Hasn&#8217;t T-Mobile seen just how messy trying to merge networks can be with the Sprint/Nextel merger? Hmmmm…perhaps they have something else in mind. Maybe they won&#8217;t merge the entire user base and networks but rather keep them separate. Sprint has a good lead on location tracking using their network (think GPS but without needing the satellites). Maybe T-Mobile wants that strategic resource while also being able to say &#8220;we have this giant user base&#8221;. They could have both a big cellular consumer base and also the tracking user base suited more for enterprise.</p>
<p>This is all speculation on my part but it does make one ponder. It&#8217;s certainly got me wondering. Thoughts?</p>
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		<title>Think Small And Go Big</title>
		<link>http://www.chiatown.com/2009/04/21/think-small-and-go-big/</link>
		<comments>http://www.chiatown.com/2009/04/21/think-small-and-go-big/#comments</comments>
		<pubDate>Tue, 21 Apr 2009 17:20:50 +0000</pubDate>
		<dc:creator>Chia</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[business ideas]]></category>
		<category><![CDATA[Business Practices]]></category>
		<category><![CDATA[Deals]]></category>
		<category><![CDATA[emerging markets]]></category>
		<category><![CDATA[entrepreneurs]]></category>
		<category><![CDATA[Mergers/Acquisitions]]></category>
		<category><![CDATA[Revenue Models]]></category>
		<category><![CDATA[start-ups]]></category>
		<category><![CDATA[angel funding]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[Exxon Mobile]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[funding]]></category>
		<category><![CDATA[Mac]]></category>
		<category><![CDATA[Microsoft]]></category>
		<category><![CDATA[new business]]></category>
		<category><![CDATA[new solutions]]></category>
		<category><![CDATA[new ventures]]></category>
		<category><![CDATA[Oracle]]></category>
		<category><![CDATA[successful business]]></category>
		<category><![CDATA[Sun]]></category>
		<category><![CDATA[venture capital]]></category>
		<category><![CDATA[Yahoo]]></category>

		<guid isPermaLink="false">http://www.chiatown.com/?p=95</guid>
		<description><![CDATA[Many of us dream of going big. It was just announced that Oracle is buying Sun for $7.4 billion. Gee, wouldn&#8217;t it be nice to sell off your company for a few BILLION dollars? We keep seeing news blurb after news blurb about companies recording record profits (Exxon Mobile anyone?) or being bought for billions [...]]]></description>
			<content:encoded><![CDATA[<p>Many of us dream of going big. It was just announced that Oracle is buying Sun for $7.4 billion. Gee, wouldn&#8217;t it be nice to sell off your company for a few BILLION dollars? We keep seeing news blurb after news blurb about companies recording record profits (Exxon Mobile anyone?) or being bought for billions and I think it sets unrealistic expectations for many of us. Imagine starting up a company and selling it for $2 million. &#8220;Two million dollars? That&#8217;s it? Just two million?&#8221;</p>
<p>Seriously people&#8230;be HAPPY you can get two million dollars, especially now in this economy. While so many people (save from those AIG execs) make a modest living and live paycheck to paycheck. A few more put in a good day&#8217;s work and make a bit more. However, this being the celebrity-crazed, sports-loving, voyeuristic society that we live in, we love to see the football players with their multi-million dollar contracts, the movie stars that make $40 million per movie, the companies that are being run by college kids that are being bought for hundreds of millions. Time to come back to reality&#8230;</p>
<p>I was reminded that we need to come back down to earth as I was talking to a friend (and coincidentally a business partner from another company we co-founded and sold off many years ago) about one of his pet projects that we&#8217;re about to revitalize. Years ago we parted ways (on a good note of course! no speculation here people&#8230;we&#8217;re best friends and always will be) as he went off to law school and I continued on with my wily ways. As a Mac user he was having a frustrating time in a PC-centric world of law and education, thus he started up the site <a href="http://www.maclawstudents.com" target="_blank">Mac Law Students</a>. He was bound and determined to find solutions to his Mac problems (what time tracking software is there for the Mac? How can you take an exam that was designed for PCs? What&#8217;s the best solution for&#8230;) and report this to other law students who didn&#8217;t want to trade in their Macs simply to go to school and practice law. (In a funny random side note, my first real gig out of college was doing support for an IP law firm that was all Mac-based aside from the Netware server here and there). The site became fairly popular but as we all have time constraints he could not continue on with this after graduation. It&#8217;s been a while since that decision was made and he decided it&#8217;s time to bring it back.</p>
<p>So just what does this all mean? What am I rambling about? I start with billion dollar deals and then move on to a small niche site? Stay with me here&#8230;</p>
<p>We  have no illusions that doing this site will make anyone stupid rich. And ya know what? That&#8217;s ok. It&#8217;s kind of a fun project to work on and could bring some sort of notoriety down the road, but it&#8217;s just a fun thing for now that could help fund a hobby or two.</p>
<p>Or could it get bigger? Who knows. I mean, wasn&#8217;t that company Apple started in a garage? Did you know the first Apples had a WOODEN case? Or those other little companies (FaceBook, Microsoft, Yahoo, etc) started in dorm rooms or as small things that happened to get big? I believe so.</p>
<p>Not EVERY venture needs millions in seed money just to get off the ground. Take a good idea, some passion, and some hard work and you can succeed. Not only can you succeed, you can go nuts and thrive.</p>
<p>So if you&#8217;ve got a good idea that you want to try, just go ahead and do it. Maybe you&#8217;ll get rich. Maybe you won&#8217;t. However, if you don&#8217;t even try there&#8217;s a 100% chance you WON&#8217;T have something to sell off for a hefty price. At the very least, find something you enjoy doing and then you can have something fun to do. At the upper end you&#8217;ve got something you can possibly retire on. Think small and go big.</p>
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		<title>The Wild World of Sprint</title>
		<link>http://www.chiatown.com/2008/05/06/the-wild-world-of-sprint/</link>
		<comments>http://www.chiatown.com/2008/05/06/the-wild-world-of-sprint/#comments</comments>
		<pubDate>Tue, 06 May 2008 13:59:43 +0000</pubDate>
		<dc:creator>Chia</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Business Practices]]></category>
		<category><![CDATA[Mergers/Acquisitions]]></category>
		<category><![CDATA[business turnaround]]></category>
		<category><![CDATA[Deutsche Telecom]]></category>
		<category><![CDATA[DT]]></category>
		<category><![CDATA[merger]]></category>
		<category><![CDATA[Sprint]]></category>
		<category><![CDATA[Sprint merger]]></category>
		<category><![CDATA[T-Mobile]]></category>

		<guid isPermaLink="false">http://www.chiatown.com/?p=33</guid>
		<description><![CDATA[As you my readers have probably figured out by now, I am slightly intrigued by Sprint. I go nuts with some of their business decisions, I&#8217;m baffled that they continue losing customers even though I think they have the most amazing deal around (the Sprint SERO plan&#8230;look it up if you&#8217;re not familiar with it), [...]]]></description>
			<content:encoded><![CDATA[<p>As you my readers have probably figured out by now, I am slightly intrigued by Sprint. I go nuts with some of their business decisions, I&#8217;m baffled that they continue losing customers even though I think they have the most amazing deal around (the Sprint SERO plan&#8230;look it up if you&#8217;re not familiar with it), I&#8217;m giddy as hell about the WiMax project&#8230;and of course the whole mobile landscape is just interesting in itself to watch.</p>
<p>I don&#8217;t even know where to begin with today&#8217;s thoughts. I watched news blurb after news blurb yesterday as there was talk of Deutsche Telecom being interested in taking over Sprint. This would make T-Mobile the largest wireless provider in the U.S. as they beat out both Verizon (oh how I would love to see mobile&#8217;s greedy evil empire have to fight instead of insilling their will on poor hapless customers) and AT&amp;T. However, there&#8217;s concern that this isn&#8217;t even a feasible merger because T-Mobile and Sprint are on two completely different networks (GSM and CDMA respectively). There&#8217;s also concern of a foreign company owning such a large portion of the wireless infrastructure in the U.S.</p>
<p>Next up was news that Sprint may spin off or sell Nextel. Widely regarded as a momentous failed merger for Sprint, this could possibly be a good thing as Sprint tries to right the ship. This was another blunder of two different networks (again, this makes you wonder about the DT/Sprint merger) that just couldn&#8217;t seem to get it right. Nextel had quite a following in the business world but that merger destroyed all that and you hardly hear the chirp of those phones anymore (honestly, I never really saw the appeal but I&#8217;m sure they had their place especially in the construction world). Sprint has been working hard to set things right. Cleaning house with stores and workers, new management promising to make changes, could we actually be seeing the fruits of all this?</p>
<p>After that I saw Qwest was ditching Sprint for Verizon. There goes another 800,000 customers. Not the best news for Sprint as they continue to have the highest churn rate and lose customers left and right. I&#8217;m trying to see the silver lining in this cloud but it evades me at the moment.</p>
<p>So where does that leave us? Perhaps the merger will be a good thing. With the telecoms moving to move to 3G networks anyway, maybe the fact DT and Sprint being on two different networks is a moot point as they choose a new one. And we still have yet to find out what the deal is with the whole WiMax deal. Also, Sprint seems to be taking cues that their phone offering is less than desireable as they move to add better phones (the Samsung Instinct being the most visible of the phones&#8230;often touted as a competitor to the iPhone). There&#8217;s also a move to bring more Java-enabled phones to the lineup and Sprint is also upgrading their Titan platform (the next generation Java platform for Sprint phones). Interestingly enough, this platform will allow developers to use the same set of codes and resources as the desktop developers use thus allowing for a much larger developer base.</p>
<p>It&#8217;s a wild world for Sprint right now. It&#8217;s exciting to see the company isn&#8217;t simply rolling over and dying. I must say I&#8217;m impressed with what management is up to. They&#8217;ll be criticized for a while, highly scrutinized and asked where the immediate results are but this isn&#8217;t an overnight fix. My head is spinning from all the recent news and I&#8217;m looking forward to seeing what the outcome is. Any other insights or opinions are greatly appreciated.</p>
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		<title>PageFlakes To Be Bought By Live Universe</title>
		<link>http://www.chiatown.com/2008/04/14/pageflakes-to-be-bought-by-live-universe/</link>
		<comments>http://www.chiatown.com/2008/04/14/pageflakes-to-be-bought-by-live-universe/#comments</comments>
		<pubDate>Mon, 14 Apr 2008 14:21:41 +0000</pubDate>
		<dc:creator>Chia</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Mergers/Acquisitions]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Websites]]></category>
		<category><![CDATA[buyouts]]></category>
		<category><![CDATA[Live Universe]]></category>
		<category><![CDATA[mergers]]></category>
		<category><![CDATA[PageFlakes]]></category>
		<category><![CDATA[PageFlakes acquisition]]></category>

		<guid isPermaLink="false">http://www.chiatown.com/?p=30</guid>
		<description><![CDATA[TechCrunch is reporting that PageFlakes, a custom homepage-building site, is being bought by Live Universe. This is exciting news for startups abound as we see a company with a good product but not loads of money succeeding in the ever busy tech world of Silicon Valley. I&#8217;ve been using PageFlakes for well over a year [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.techcrunch.com/2008/04/13/pageflakes-acquired-by-live-universe/" target="_blank">TechCrunch </a>is reporting that <a href="http://www.pageflakes.com" target="_blank">PageFlakes</a>, a custom homepage-building site, is being bought by Live Universe. This is exciting news for startups abound as we see a company with a good product but not loads of money succeeding in the ever busy tech world of Silicon Valley. I&#8217;ve been using PageFlakes for well over a year now and couldn&#8217;t be happier to see it succeed. Using PageFlakes, one is able to build a custom portal so very quickly and easily. For example, I&#8217;ve got four pages on my PageFlakes site&#8230;News, Sports (mostly cycling, soccer, Steelers), Atlanta-centric, and fun (games, comics, etc). Why hit page after page surfing all over the net when you can do this?</p>
<p>Anyway&#8230;I digress. PageFlakes fell on my radar over a year ago amongst other similar sites (Netvibes is the only one that comes to mind right now) and PageFlakes is the one that won out in my picky &#8220;I only have so much time to futz around&#8221; life. I still haven&#8217;t seen any advertising for it so to see it succeed with its grassroots movement makes me happy.</p>
<p>It also inspires me. I&#8217;ve still got a few ideas that I&#8217;ve been sitting on and need to get out to the masses. Knowing that a great idea can still become popular, not only amongst users but also investors, is the fire I need to get my ideas out of my brain and into the internet cloud.</p>
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		<title>Delta Needs to Revise Its Inflight TV/Movie Proceedures</title>
		<link>http://www.chiatown.com/2008/03/04/delta-needs-to-revise-its-inflight-tvmovie-proceedures/</link>
		<comments>http://www.chiatown.com/2008/03/04/delta-needs-to-revise-its-inflight-tvmovie-proceedures/#comments</comments>
		<pubDate>Tue, 04 Mar 2008 14:45:16 +0000</pubDate>
		<dc:creator>Chia</dc:creator>
				<category><![CDATA[Mergers/Acquisitions]]></category>
		<category><![CDATA[Other]]></category>
		<category><![CDATA[]]></category>
		<category><![CDATA[Delta Airlines]]></category>
		<category><![CDATA[inflight movies]]></category>
		<category><![CDATA[inflight TV]]></category>

		<guid isPermaLink="false">http://www.chiatown.com/2008/03/04/delta-needs-to-revise-its-inflight-tvmovie-proceedures/</guid>
		<description><![CDATA[Returning from a trip recently I had the joys of experiencing Delta Airline&#8217;s ridiculous TV/movie viewing program. Here&#8217;s what you get&#8230;a screen on the headrest in front of you that allows you to choose from a number of &#8220;free&#8221; TV shows or pay $5 for a movie. Why do I have the word &#8220;free&#8221; in [...]]]></description>
			<content:encoded><![CDATA[<p>Returning from a trip recently I had the joys of experiencing Delta Airline&#8217;s ridiculous TV/movie viewing program. Here&#8217;s what you get&#8230;a screen on the headrest in front of you that allows you to choose from a number of &#8220;free&#8221; TV shows or pay $5 for a movie. Why do I have the word &#8220;free&#8221; in quotes? Well, there were roughly 18 channels I believe and of those 18 channels only one or two were actually viewable. Oh yay! I get to watch Martha Stewart!<BR><BR> </p>
<p>Ok, so live TV viewing is out of the question. You either get an error screen that says they can&#8217;t pick up the satelite signal or you get a frozen bitmapped screen of something that at one time resembled a TV show. Time to check out the movies&#8230;<BR><BR> </p>
<p>Five bucks. Really now&#8230;come on Delta. Are you THAT greedy that you have to try to milk a captive audience for five dollars to watch a movie on a screen that is tiny with no THX or surround sound? In this day and age, it&#8217;s ridiculous to charge that&#8230;especially with so many alternatives available to the traveler.<BR><BR> </p>
<p>I looked around and saw maybe half a dozen people pay $5 to watch a movie (that of course kept getting interrupted every time the captain made an announcement). I myself grabbed the iPod and watched &#8220;Aeon Flux&#8221; on that. Usually I travel with my PowerBook and have anything from my DVD library available to me. Again&#8230;looking around I saw more people watching movies on their iPods, portable DVD players, and laptops than I saw paying $5 for a tiny screen with crappy sound that gets interrupted.<BR><BR>  </p>
<p>Here&#8217;s a thought (and it&#8217;s actually a good one Delta&#8230;pay attention). You&#8217;ve already got the captive audience. Instead of trying to milk us all for a film, make some extra revenue with advertising. If we don&#8217;t like your service, we bring our own (free) service. However, offer free movies to your flying customers and you can charge advertisers whatever you want as we sit and watch their commercials while waiting for the movie to start. I guarantee you&#8217;ll make more from advertising than you will with the $30 you made from renting the headphones or whatever per flight. It&#8217;ll be pretty damn easy to guage the metrics per flight also and offer these reports to your sponsors.<BR><BR>  </p>
<p>See how easy that was? Happier customers, a better revenue stream for you&#8230;everyone is happy.</p>
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		<title>More Microsoft Acquisitions and Changes</title>
		<link>http://www.chiatown.com/2008/02/15/more-microsoft-acquisitions-and-changes/</link>
		<comments>http://www.chiatown.com/2008/02/15/more-microsoft-acquisitions-and-changes/#comments</comments>
		<pubDate>Fri, 15 Feb 2008 13:10:45 +0000</pubDate>
		<dc:creator>Chia</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Mergers/Acquisitions]]></category>
		<category><![CDATA[Technology]]></category>

		<guid isPermaLink="false">http://www.chiatown.com/2008/02/15/more-microsoft-acquisitions-and-changes/</guid>
		<description><![CDATA[I&#8217;m still trying to figure out what Microsoft is up to with their latest round of actions. If you haven&#8217;t heard of their bid to take over Yahoo (which Yahoo turned down btw) then you may have been out of town or in a coma. You&#8217;ll have no shortage of articles and opinions to read [...]]]></description>
			<content:encoded><![CDATA[<p>I&#8217;m still trying to figure out what Microsoft is up to with their latest round of actions. If you haven&#8217;t heard of their bid to take over Yahoo (which Yahoo turned down btw) then you may have been out of town or in a coma. You&#8217;ll have no shortage of articles and opinions to read on the topic should you decide to find more.<BR><BR></p>
<p>So what&#8217;s next? First Microsoft announced that they were acquiring Danger. Danger is the company that designed the Sidekick phones. This morning I read that MS is letting go a number of executives. Ok, big deal. Companies do that all the time. Here&#8217;s what I find interesting though. They&#8217;re dumping some key execs. Then, in the midst of all that, Pieter Knook who led Microsoft&#8217;s mobile division said he&#8217;s off to pursue other opportunities and he&#8217;ll be replaced by someone who led Microsoft&#8217;s marketing efforts for their server and tools group. <BR><BR></p>
<p>Hm. Obviously Microsoft isn&#8217;t content with simply being an OS and office suite software provider. Their bid for Microsoft is still intriguing to me, but now this push in the mobile market makes me wonder where their next full-on battle will be.<BR><BR> </p>
<p>Some interesting numbers I found. The Blackberry from Research in Motion has 41% of the smart phone market. Next is the iPhone (yes&#8230;the iPhone, which has only been on the market for half a year or so) with 28% and then Microsoft pulling in at 21% (I&#8217;m still pissy at Palm for screwing up such a good thing. C&#8217;mon guys&#8230;you&#8217;ve got a good platform&#8230;work with it). <BR><BR></p>
<p>Perhaps Microsoft is finding itself in unfamiliar territories and is in panic mode, choosing to go on a buying spree. The purchases are different this time though. In  the past, Microsoft generally took over a competitor and wiped them out. This time&#8230;well, they aren&#8217;t number one in the search game (Google). Not number one in the mobile game (number three?!?!?). So it&#8217;s time to buy their way into the game and hope they can compete. I&#8217;m curious to see what comes out of it all. <BR><BR></p>
<p>I do find it kinda funny though&#8230;still going with the purchase route rather than innovate route. Has Microsoft become such a monolith that it&#8217;s easier to simply buy a new technology than it is to create? It&#8217;s all up in the air, and the web and mobile space is still the wild wild west.</p>
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		<title>Hasbro buys Cranium for $77.5 million</title>
		<link>http://www.chiatown.com/2008/01/24/hasbro-buys-cranium-for-775-million/</link>
		<comments>http://www.chiatown.com/2008/01/24/hasbro-buys-cranium-for-775-million/#comments</comments>
		<pubDate>Fri, 25 Jan 2008 03:56:31 +0000</pubDate>
		<dc:creator>Chia</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Mergers/Acquisitions]]></category>

		<guid isPermaLink="false">http://www.chiatown.com/?p=5</guid>
		<description><![CDATA[It&#8217;s not the newest of news, but it still baffles my mind. Cranium, a privately held company, was bought by Hasbro for $77.5 million. Wow. I&#8217;m sure I&#8217;m not the only one that spends countless hours trying to devise ways to achieve financial independence. It seems in this day and age of digital everything, we [...]]]></description>
			<content:encoded><![CDATA[<p>It&#8217;s not the newest of news, but it still baffles my mind. Cranium, a privately held company, was bought by Hasbro for $77.5 million. Wow. I&#8217;m sure I&#8217;m not the only one that spends countless hours trying to devise ways to achieve financial independence. It seems in this day and age of digital everything, we over-complicate every idea that could be had. I&#8217;ve still got a few business ideas in mind but need developers to code this. Yet, here&#8217;s a simple game that has already sold millions that is now being purchased for another boatload of millions. It actually gives me hope&#8230;</p>
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