The European Commission has slapped a massive $1.45 billion fine on chip giant Intel for engaging in anti-competitive practices that harm consumers. Competition Commissioner Neelie Kroes said Wednesday: Intel has harmed millions of European consumers by deliberately acting to keep competitors out of the market for computer chips for many years. Such a serious and […]
As promised in his campaign, U.S. President Obama has initiated steps to make it tough for U.S. companies that create jobs in Bangalore while screwing American employees in Buffalo (a dying city in upstate New York). Yesterday, Obama set the ball rolling for reforming the U.S. tax code that currently rewards companies for shipping jobs […]
We think Sanjay Jha, the overpaid co-CEO of Motorola and CEO of the company’s Mobile Devices unit, will join the ranks of the unemployed in the not-too-distant future. Horrible Disaster Motorola’s mobile phone business continues to fall off the cliff. This morning, Motorola announced its first quarter results and the Mobile Devices business headed by […]
Good times are a coming, folks. Yes, good times are on the horizon. Media reports increasingly suggest that the days of Desi Butcher a.k.a. Vikram Pandit, the CEO of Citigroup, are numbered. Here are some of the headlines for the greedy Desi Butcher, who massacred tens of thousands of jobs at Citigroup while drawing an […]
Updated To all ye schmucks who think that Indian babes are the prettiest sight on Planet Earth, let’s disabuse you of such fanciful notions. Folks, take it from us – there’s no uglier sight than an acne-marked desi face. Only a red-bottomed monkey comes anywhere close. Some Relief for Sore Eyes Anji Reddy’s Dr. Reddy’s […]