Steve Ballmer said, "The internet was designed for the PC. The Internet was not designed for the
iPhone." Let me tell you something, the internet wasn't
"designed" for anything. It wasn't designed to handle voice, but it
does, it wasn't...
Just read the news that Bloomberg is buying Business Week see here.
According to the news, Bloomberg is paying $5M in cash plus the severances for 400 people. Lavishly assuming 3 months severance, at $10K/mo, that's another $12M of costs. That's...