Thursday, April 1, 2010
Each week check out the MarketWatch feature on myBiz. We will report on facets of the economy to keep you informed and prepared for the internship and full-time job markets.
News this week:Apple releases iPad
Apple released it's newest product, the iPad, on Saturday. The new product has features found on other Apple products, including internet access, maps, iPod, and over 150,000 apps all on a 9.7 inch high-resolution screen. On Thursday, Apple analyst Gene Munster at Piper Jaffraythe iPad said he expects Apple will sell between 200,000 and 300,000 units in the first weekend.
GoDaddy will no longer register websites in China
Major internet domain name registration company GoDaddy will no longer register websites in China. This comes as a result of new government rules in China that require applicants to provide extensive personal data, including photos of themselves. The rules, Go Daddy said, are an effort by China to increase monitoring and surveillance of Web site content and could put individuals who register their sites with the firm at risk. This news comes after Google recently announced it will no longer censor search results on its site in the country.
Ford and Microsoft team up
Ford Motor Co. and Microsoft Corp. have signed a deal to work together on a computerized link between houses, electric cars and utility companies to help manage energy use. The companies said Wednesday at the New York International Auto Show that this is the beginning of a smart system that will help utilities and customers manage energy costs and electrical generating capacity. The system would start with the all-electric Ford Focus compact car that is scheduled to go on sale late in 2011. Called "Microsoft Hohm," it will allow utilities to vary electric rates based on the time of day. A computer would determine the best time to recharge the car at the lowest cost and the least burden on the utility's generating system.