The iPUP is a combination case/credit card holder case for your iPhone. It was designed by Yun Seong Kim and it’s supposed to keep your cards in place, no matter what happens. What I like is that it has some technical features to protect your cards that are housed within it.
Many companies update their tech devices every year or so. Some of them are on rigid schedules, trickling down upgrades to consumers but actually holding back some until the next update the following year so that users will buy them no matter what. What does that mean to the tech enthusiast? How often can or should you update your tech when companies release new products?
Goldman Sachs seeks a NY Bank Charter. This move sets GS apart from its closest rivals, such as Morgan Stanly, JP Morgan Chase and Citigroup. The other banks have national charters, meaning that they can open branches across states without separate applications.
An unsurprising move, after the something similar was announced in the US and the UK. Germany will inject up to $536 billion. The initial plan calls for $50 to $100 billion. Norway is going to spend $58 billion. France will pledge less than Germany. Britain is spending $255 billion and the US $700 billion.
Mitsubishi and Morgan Stanley are renegotiating their deal. MS was supposed to get an infusion of $9 billion from the Japanese giant. MS stock has hit $9.68. It was valued at $25.38 when they announce part of the deal. Mitsubishi still wants 21% of MS, but at a far lower price than last month.
The credit squeeze hits Europe. Business credit lines are starting to be frozen, chopped into smaller pieces or just plain canceled as a response to the credit crunch. Businesses needing revolving credit in order to do their daily operations are going to have to find alternative financing, which if it isn’t found, will shut them down.