Amazon has announced a whole raft of Kindle e-readers and tablets. But the interesting ones to me were the tablets. There are 3 of them, the Kindle Fire 8.9″ HD with 4G, the Kindle Fire 8.9″ HD, and the 7″ Kindle Fire HD. The bigger Kindle Fire HDs compete directly with the iPad while the smaller competes directly with the Google Nexus 7 and the much rumored iPad Mini. The battle of the big three is heating up even more. What’s interesting is that while Amazon started with books, Google with ads, and Apple with songs, pretty much all of them are now selling the same stuff: books, ads, songs, movies, etc. But Amazon has a huge leg up: shopping. Google and Apple would do well to get into that, maybe by buying eBay?
Steve Jobs
Even better, this book is not just about Steve Jobs. Because they’re closely intertwined, it is also about the companies he founded, Apple, NeXT, and Pixar. Creativity and innovation are Job’s hallmarks and it provides a glimpse of the creative and innovative processes in those companies. One thing you note is that in these companies, it’s not just Jobs coming up with ideas. A lot, including many that he initially rejected, also came from his colleagues. A definite read not just for fans and admirers of Jobs but also for any student of business.
PLDT DigiTel Purchase
After long months, the purchase of DigiTel by PLDT was finally approved by the National Telecommunications Council (NTC). Of course there still are opposers particularly a congressman who cited Section 15 of Digitel’s franchise (Republic Act No. 7678), granted in 1994, which says that Digitel:
“…shall not lease, transfer, grant the usufruct of, sell nor assign this franchise or the rights and privileges acquired thereunder to any person, firm, company, corporation or other commercial or legal entity, nor merge with any other corporation or entity without the prior approval of the Congress of the Philippines.”
Okay, that’s fine since PLDT is buying DigiTel and not its franchise directly. But then it goes on:
“Neither shall the controlling interest of the grantee be transferred, whether as a whole or in parts and whether simultaneously or contemporaneously, to any such person, firm, company, corporation or entity without the prior approval of the Congress of the Philippines.”
This is interesting since it effectively means it is illegal to buy even a single part or share of DigiTel without prior approval from congress. So if you bought a share of DGTL you’re a lawbreaker. Nice.
Philippine Global Competitiveness
Read John Mangun’s article this morning and learned that the country rose 10 places in the World Economic Forum’s ranking to 75th. This despite the poverty level, corruption (PNoy is all talk and no walk on this), inefficient government bureaucracy, security issues (bus hostage-taking), inadequate infrastructure (where are the PPP projects promised by PNoy?), poor education, poor investor protection (NAIA3, PLDT foreign ownership), and the difficulty of starting a business. Personally, I think all these hostile factors contribute to leaving only the smartest and most resilient thus contributing to robust and sophisticated businesses. Supporting factors are good fiscal and monetary policy (BSP governor Tetangco got an “A” grade recently from a finance magazine), good banking industry, and a good stock market. That’s good news to start the day!
Full report here.
Google and Motorola Mobility
The patent war is heating up. After being foiled by Apple, Microsoft and RIM to acquire Nortel Networks’ patent portfolio, Google is now acquiring Motorola Mobility primarily for its patent portfolio. The thing is, Motorola builds it’s own Android mobile phones and tablets. Back when Nokia was still exploring Android, it asked for preferential treatment, which Google rightly denied. One of the reasons that led Nokia to instead go to the Microsoft and the Windows Phone platform. Now that Google will own Motorola, will it be giving preferential treatment? Will it be able to avoid doing that? This is probably something all of Google’s Android partners are thinking even as they heap praise on Google for this latest move.