Simon Kapenda

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Be Something. Be Social. Be Happy.

The Yahoo! Layoffs Ripple Effect

Battered by slow revenue growth and the popularity of social networking Web sites, Yahoo! Inc. is poised to lay off hundreds of workers, according to published reports.

Is this the sign of the Bubble 2.0?

In general, I have always been an avid user of Yahoo and will always be as long as they are what they are and will continue to be that way, with more improvement on their systems of course.

I prefer their news and finance sections, small business tools and email system, and the search tools. I actually find the Yahoo Search to be better for “me” than Google. That’s just my personal preference.

As for the Bubble 2.0, I think we are almost there, and soon, you will see the ripple effect for the Yahoo planned layoffs affecting other net companies soon. Like the Bubble 1.0, I think we have already exhausted our current net revenue stream, the ad based revenue model, and those who solely depend on ad revenue model, may initially feel the effect.

There are just too many social networking sites and many other community sites that depend on ad revenue stream alone and have no other revenue model, which I am just not sure how they will survive in years to come.

However, I am not trying to be snobby, but what we are currently developing, Gatepedia, may save the day. It may be the savior for most net companies, but that can only be tested once it is launched.

So, will the Yahoo! layoffs ripple effect reach other net companies, I am sure it will. In the next few months or so, you may see many other net companies doing the same thing, layoffs in order to cut costs and boost profit.

The Bubble 2.0 is coming, it has already touched down, on Yahoo!, and this time, it will be huge than the first one.

Filed under: Internet, Web 2.0, advertising, business, economy, technology , , , ,

Change: Yes We Can, Barack Obama – Son of Man

Listening to Barack Obama, son of man, speaking live is probably the closest someone like me, someone who was too young or perhaps not yet born to getting to hear Dr. Martin Luther King Jr. speaks live.

Obama’s eloquent voice full of passion, warmth, honest, caring, faith and hope for America and the world resonates in every fiber of every being.

I am very fortunate to be here, right now, and watch and listen to this great man, Mr. Barack Obama, and not just a bench warmer, but as a doer for a new change.

The new flame, the fresh and soothing air of change is blowing right now from east to west, north to south, and this new fresh air is Barack Obama.

Barack Obama is definetely the new definition of passion, integrity, hope, faith, and belief for the American dream.

Filed under: Clinton, Obama, army, article, blog this, business, culture, economics, election, news, politics, president, war , , , , , , , , ,

The Next U.S. President, Who?

Clinton, Obama, Huckabee or Romney.

One of these candidates might be our next president or may be not.

My question is who might be more pro-small business, someone who Wall Street can cheer for?

I like Romney, probably because of his entrepreneurial spirit. In short, Romney is a former CEO of Bain & Company and the co-founder of Bain Capital, a private equity investment firm. And I am a big fan of Bain Capital.

But me being a democrat; I am divided between Clinton and Obama.

When Bill was president, almost everyone was smiling to the bank, amid that he came to power when Bush Sr. had everything screwed up, and when Clinton left the office, he had had balanced the budget, and the deficit was in control. Although most people believe that Hillary was mostly responsible for helping Bill accomplish all of those.

So, does Hillary have the it factor? I think she does, she will be a great president, perhaps better than her husband, but then she sometimes has that illustrious funny smirk on her face, that makes you think that she’s saying one thing but then actually she may mean something else.

Obama; he’s a fresh face in Washington. His ideas are commendable, and him being against civilian guns, etc, I agree with him. I too believe that civilians should be limited to carying guns. I don’t carry or own a gun, and I have never carried, owned or fired a gun, and I want to stay that way.

If civilians were limited to stringent gun control, then these treacherous accidents like the Columbine, Virginia Tech, the Nebraska Mall, and many other unreported gun shootings may not be happening.

So, if I could vote for two candidates, I would vote for Hillary and Obama, but since that can’t happen, given all his stance on many different issues, I’d vote for Obama.

Filed under: article, blog this, business, culture, economics, economy, election, entertainment, environment, finance, law, life, living, politics, president, technology , , , , , ,

2008 Outlook: Fasten Your Seatbelts

In an article published on CNNMoney.com details the economic outlook for 2008.

In short, 2008 will not really be a good year, we may also face a recession sometimes in the middle of the year.

And, even though the Fed may cut more interest rate, it may not help much, as it all depends on the expectations and not so much on the actual Fed’s rate cut.

Most people tend to not like uncertainty. And since 2001, the economy has never really recovered. Consumers are still not sure what’s going to happen next.

Iran, North Korea, etc., and now Pakistan, all these still play a big role of uncertainty, and what’s happening elsewhere in the world certainly affects how we feel and spend here in America.

Most Americans have money, but they just don’t want to spend it because of some of these uncertainties, and even though the Fed may cut the rate, the consumer will still not borrow as expected.

Pakistan has 60 nuclear weapons, which no one really knows how secure these can be or some may end up in the hands of those who hate peace and advocate hate and violence.

This Christmas, has not really been like any other past Christmases, consumer spending and expectation were still low. Not because of weather or whatever, but simply because people are just not certain.

And ever since Bernanke took over, I just never had any trust or hope in him. Greenspan was more effective and he still is. When he spoke, everyone listened, and that too plays a role – the faithless and trust-less some have in Bernanke’s leadership.

Filed under: business, culture, economics, economy, finance, politics, war , , , , ,

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