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Medium 9781615424252

Talk and Chat Privately

Joe Kissell TidBITS Publishing, Inc. ePub

I am old enough to remember the days when, if someone wanted to converse with another person who wasnt nearby, both people would talk into analog devices called telephones to have real-time audio conversations. Perhaps youve seen such devices in old movies or read about them in antique documents called books.

I kid, but analog telephones are rapidly on the way out. My home phone, which I used to refer to as a landline, bypasses the phone company altogether and relies on a box that plugs into my broadband router. I happen to use Vonage for my home VoIP (voice-over-IP) telephone service, but I could have chosen a similar service from my broadband provider or from any of numerous other companies. In other words, for me, telephone service is a variety of Internet service.

And then theres my smartphone, which is almost never out of reach. I use it for conventional audio phone calls maybe once a week on average. Of course, I constantly use it for email, instant messages, SMS, Twitter, and video chatsmost of which, again, travel over the Internetand even those occasional audio calls are more likely than not to use a VoIP app such as Skype.

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Medium 9781857549881

Coins

Gillian Clarke Carcanet Press Ltd. PDF
Medium 9780981576992

3 The Collapse of the Stock Bubble

Dean Baker Berrett-Koehler Publishers PDF

The Collapse of the Stock Bubble

45

supply store; and Flooz, a company that tried to establish a currency for online transactions.

This last company drew special notoriety because actress and comedian Whoopi Goldberg acted as its spokesperson.

She agreed to be paid entirely in stock options for her work.

Stock options were the main currency of this period; many workers agreed to accept them for the bulk of their compensation. When the boom collapsed, workers at many start-ups saw most of their value disappear. The television show The

Simpsons captured the spirit of the tech bubble perfectly when it showed a start-up that dispensed options from a toilet paper roll.

The wreckage went far beyond ill-conceived start-ups. Established technology companies saw huge hits to their stock prices as well. Intel, the world’s largest semiconductor company, had a market capitalization of almost $430 billion at its peak in the summer of 2000 before falling to $76 billion in

October of 2002. Cisco, which designs and sells networking and communications technology, plummeted 89 percent from a market capitalization of over $470 billion to $51 billion between March of 2000 and October of 2002. Microsoft’s capitalization dropped from more than $550 billion in December of 1999 to less than $200 billion in July of 2002.

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Medium 9781626562875

PART I: COWBOYS IN A SPACESHIP

David C. Korten Berrett-Koehler Publishers ePub

People who celebrate technology say it has brought us an improved standard of living, which means greater speed, greater choice, greater leisure, and greater luxury. None of these benefits informs us about human satisfaction, happiness, security, or the ability to sustain life on earth.

—JERRY MANDER

The last half of the twentieth century has been perhaps the most remarkable period in human history. Scientifically we unlocked countless secrets of matter, space, and biology. We dominated Earth with our numbers, technology, and sophisticated organization. We traveled beyond our world to the moon and reached out to the stars. A mere fifty years ago, within the lifetime of my generation, many of the things we take for granted today as essential to a good and prosperous life were unavailable, nonexistent, or even unimagined. These include the jet airplane and global commercial air travel, computers, microwave ovens, electric typewriters, photocopying machines, television, clothes dryers, air-conditioning, freeways, shopping malls, fax machines, birth-control pills, artificial organs, suburbs, and chemical pesticides—to name only a few.

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Medium 9781574410297

6: After Much Thought

Gary M. Lavergne University of North Texas Press PDF

I Z I - - - - - - - - - - - - - - - - After Much Thought

several farm hands. Floyd Wells, a former employee, later served time in the Kansas State Penitentiary where he became friends with a fellow prisoner named Richard E. Hickock, who made repeated efforts to learn as much about the Clutter family as possible. Specifically; Hickock was interested in finding out if the Clutters had a safe in their home. Wells either suggested or Hickock conjured up a nonexistent safe located in a wall behind Herb Clutter's office desk,

Eventually; Hickock was paroled. Shortly afterwards he and a friend named Perry E. Smith headed for the Clutter home, where they expected to steal at least ten thousand dollars. They did not know that Herbert Clutter had a well-known reputation for not carrying cash; anyone in Holcomb could have told the pitiful fools that Herb

Clutter paid for everything by check,

Hickock and Smith sneaked into the home through an unlocked door (most people from Holcomb saw no need to lock doors) and terrorized the family before lulling Mr. Clutter, his wife Bonnie, and their two children Kenyon and Nancy. Each of the victims had been tied at the wrists. Mrs. Clutter and her children were murdered by shotgun blasts to the head from short range. Mr. Clutter's body was found in the basement of his home; he had been shot in the head and his throat had been slashed. 1

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