Once worth $1 billion, Sam Wyly is bankrupt but still fighting
Wyly founded University Computing Co. in 1963 with $1,000 in the bank and grew it into a multimillion-dollar computer services company. In 1967, Sam and Charles purchased the Bonanza Steakhouse chain and expanded it to 600 stores before selling it in 1989.
In 1982, the Wylys bought controlling interest in Michaels, the craft store chain. It grew from a private company with $10 million in revenue in 1982 to $1.2 billion public company in 2006.
He once worked for IBM. Moved to Honeywell, where he helped get them into computers. He figured if he could do that for Honeywell, he could damn well do it for himself. With just a thousand bucks, he started University Computing Company and began to make his first fortune.
For someone so savvy, why isn’t his book — 1,000 Dollars and an Idea: Entrepreneur to Billionaire — available as an ebook?
iOS 9 includes a share action for saving PDFs to iBooks
The option is limited, however, as once the PDF is saved to iBooks, the only export options you have are Email and Print. That said, this is still a definite step in the right direction for iOS. Archiving webpages will be much easier as a result, even if iBooks isn’t the most ideal option for storing PDFs.
Not only will users be able to save webpages to PDFs, but the option shows up in first-party apps like Notes and Photos as well. Being that it is a native sharing activity, it would seem likely that third-party apps would gain access to the feature as well.
That is interesting.
Filed under iOS, Reference
ReCode To Vox
Walt Mossberg, one of America’s two most famous tech columnists, shot himself in the foot. He left the “Wall Street Journal.” They’re finding out in news what we already know in music, you can go it alone, the internet allows you to do this, but in a chaotic world he with the established presence wins, the major record labels figured out the internet and the big news sites still rule.
And then you’ve got David Pogue, Mossberg’s nemesis, who left the “Times” for Yahoo and was promptly buried in the tsunami of bogus information on that site. He went from being one of the two experts to a nobody.
Bottom line… ReCode had the best tech news in the business. Walt Mossberg and Kara Swisher built a team of experts. But nobody cared, nobody went to the site, they thought their minions would follow them but it turned out they were aligned more with the “Wall Street Journal,” their former home, than the writers themselves.
He didn’t even mention Katie Couric, who is supposed to have gone to Yahoo too (did she? Bueller? Bueller?).
I should have seen all of this coming. When the two biggest mouths of book publishing — who touted self-publishing — quickly sold themselves out to Amazon, that was the warning sign.
First Japan said this, now China.
Hello, China. Tell me where Sony, Toshiba, Panasonic, Sharp, and other big Japanese brand names are today.
Crushed by Apple!
Comments for this post will be closed. I don’t want to have Comments from morons who don’t understand the role of government or the history of the role of government particularly in the United States.
Google Cache (because the original site is down from traffic): The Killing of Osama bin Laden
‘They knew where the target was – third floor, second door on the right,’ the retired official said. ‘Go straight there. Osama was cowering and retreated into the bedroom. Two shooters followed him and opened up. Very simple, very straightforward, very professional hit.’ Some of the Seals were appalled later at the White House’s initial insistence that they had shot bin Laden in self-defence, the retired official said. ‘Six of the Seals’ finest, most experienced NCOs, faced with an unarmed elderly civilian, had to kill him in self-defence? The house was shabby and bin Laden was living in a cell with bars on the window and barbed wire on the roof. The rules of engagement were that if bin Laden put up any opposition they were authorised to take lethal action. But if they suspected he might have some means of opposition, like an explosive vest under his robe, they could also kill him. So here’s this guy in a mystery robe and they shot him. It’s not because he was reaching for a weapon. The rules gave them absolute authority to kill the guy.’ The later White House claim that only one or two bullets were fired into his head was ‘bullshit’, the retired official said. ‘The squad came through the door and obliterated him. As the Seals say, “We kicked his ass and took his gas.”’
So all of Zero Dark Thirty is a government cover story?
In North Korea, it’s called propaganda.
He popped into my head today. But I couldn’t remember his name. People who should have known on Twitter drew a total blank.
I was going mad trying to find him via search. Finally, it occurred to me to search for 1990s Village Voice ads, because his weekly show was always advertised in that. After hundreds of irrelevant images, bingo!
Filed under Reference, Video
Jack Ma: ‘We’re not smart or hard-working, but we’re millionaires’
Why are we successful? Is it because we’re more hard-working? I don’t see it; we do work hard but there are a lot of people more hard-working than us in the world. Is it because we’re smarter? Not necessarily. Five years ago it was hard for us to hire people, but now we can just hire anyone off the street. We’re not hard-working or smart, but we’ve become wealthy, why?
Because we had good luck. Actually, we’re kind of dumb. Seven or eight years ago, lots of people joined Alibaba. But the smart ones felt the company didn’t offer enough opportunity, so they were poached by other companies or left to do startups, and their incomes went up. Those of us left weren’t smart, so no one was poaching us. But in the end, looking back from five years later, we somehow became rich.
Boldfaced emphasis added by me.
I like the way Ma concedes luck was a factor.
How unlike the techies of Silicon Valley who believe their success was entirely of their own making.