Showing posts with label technology. Show all posts
Showing posts with label technology. Show all posts

Obama Wants To Keep BlackBerry: I Dont Want to Lose Touch


President-elect Barack Obama and the love of his life, a BlackBerry.

US President-elect Barack Obama says that he is attempting to find a way of keeping access to his BlackBerry device after he was told he could not use the popular wireless emailing device due to a legal requirment for all transactions to be put stored for later use on the public record.

In an interview with ABC's Barbara Walters, Obama talked about the importance of breaking through the isolation faced by the president, reports said.

"Well, I'm, I'm negotiating to figure out how can I get information from outside of the 10 or 12 people who surround my office in the White House," Obama says in the interview. "Because, one of the worst things I think that could happen to a president is losing touch with what people are going through day to day."

Obama's personal BlackBerry has been his constant companion for years and especially on the campaign trail in 2007 and 2008, that kept him "plugged in" to the world outside just his inner circle.

President Bush was apparently very upset when he discovered he could no longer email when he gained office in January 2001. Some arguments have been made that the use of devices where Presidents can talk to others on the outside may help in the decision making process and make for good leadership.

There is also the argument that Obama's BlackBerry could be hacked by foreign intelligence agencies or other undesirables that could be a national security threat.

Then again, aruges the Chicago Tribune, why doesn't he just use an iPhone instead....

As of September 2008, there were some 19 million subscribers to the BlackBerry brand.

Capitalism Crumbling? World Stock Market at Nearly 6 Year Low

An indexation of global stock markets shows that the value of companies around the world is at the lowest point since the early part of the decade.

Central banks around the world are expected to implement another wave of rate cuts, but the economic tools of manipulation are running thin and far as the world looks like it will slump into a deep recession if things stay the way they are.

Every industry from Asian high technology makers to banks are beginning to fell the pinch as shares continue to take a pounding across the globe.

More from Reuters:

Like dominoes, Asian markets fell a day after U.S. stocks hit their lowest in more than five years. The MSCI All-Country World Index fell 1.2 percent as of 0330 GMT (10:30 p.m. EST on Wednesday), having hit its lowest level since May 2003.
Japan's Nikkei average dropped 5 percent, below the key technical level of 8,000 points for the first time in three weeks.
South Korean and Hong Kong shares tumbled more than 5 percent, while markets in Sydney, Singapore and Taiwan fell more than 3 percent each.
More broadly, the Asia-Pacific ex-Japan MSCI index was down nearly 5 percent.
Expectations for a sharp slowdown sent oil prices down for a fifth consecutive session, and down 83 cents to $52.79.





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