The World Business

Archive for December, 2010

Like the world of writing? Or want to start a business that is related to the hobby of writing? This one is a web based business is probably one that can inspire you.  Figment.com is a site that target among internet users who like to write. But unlike most sites, Figment seeks to accommodate the needs of users in a wider scope. This was proved by the author and readers are to be able to share, discover and communicate interactively. Site based in New York, United States, it can basically be regarded as a free community. In it, users can share their writing. In addition, users can communicate with readers and find stories and new writers every day. Genre writing is quite varied. We can find a sonnet to mystery stories, from science fiction to novels with contemporary modern theme.  Figment allows registered users to pour a post, comment and following their favorite writers. Authors can choose to allow public access to their works, to filter who can read, or even block access. An access code will be distributed when registering for distribution to readers who want  to believe in order to get input.

The features offered in the site Figment of which is an overview of the latest books, interviews with authors of books, forums, blogs, competitions, libraries, and so forth. All the activities we do as a user in a Figment will be given in return for a ‘badge’ (like the Foursquare). All activities can also be done using the mobile version. Some of the features that will be enjoyed immediately is the ability to exchange messages and launch a special application for the Android platform and iPhone.

Liberty Media Corp. Chairman Gregory B. Maffei crowned as this year’s highest-paid executive in the Wall Street Journal’s latest survey which was released some time ago. Maffei, reportedly received total direct compensation before tax amounting to USD87, 1 million during 2009. The amount is four times higher than its earnings in 2008.

After Maffei, in second place there is the Chief Executive Officer Larry Ellison of Oracle’s total compensation this year reached USD68, 6 million. Ellison main income comes from ownership of shares valued at USD61, 9 million. Another executive who signed the list of highest-paid CEO Ray Irani, chairman of Occidental Petroleum Corp.. His position was shifted to third with a total salary amount of USD52, 2 million. The amount of income considered adequate Irani Occidental reflect performance in the last year which was considered improved compared to previous years. And last October the oil company’s shareholders have agreed to cut executive compensation for a maximum of three quarters of the previous salary.

In fourth place, Yahoo CEO Carol Bartz to earn income USD44, 61 million and the fifth CEO of CBS Laslie Ray with compensation valued at $ 38, 93 million. In the next sequence, CEO Philippe P Dauman Viacom Inc. posted a total income USD33, 7 million, including annual bonuses and compensation for the performance of media companies. Other business leaders who signed the highest-paid list is Marc N Casper, CEO of Thermo Scientific Inc. The man who was appointed as CEO of Thermo in October last year USD33 million it pocketed the revenue which is mainly derived from stock ownership, restricted shares and performance bonuses.

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Putting the Public Back in Public Relations: How Social Media Is Reinventing the Aging Business of PR

Japanese consumer price index last November again went down. It gives reinforce for the symptoms of deflation that continues to survive in the stagnated economic recovery efforts of State Sakura.  Based on data from the Ministry of Finance of Japan, consumer price index last month fell 0.5 percent over the same period last year. This represents a decrease to-21 times in succession within a period of nearly two years since the global crisis. November data also lower than analysts’ estimates forecast 0.6 percent decline.

But a glimmer of hope emerged as the announcement of Japan’s production output increased by one percent in November compared to the previous month. Decline in consumer price index is considered as one factor inhibiting recovery as it relates to the ability of home shopping.  A negative impact on the consumption sector, it also makes the Japanese are still teetering on the recovery period.  Moreover, the Tokyo government said last week that economic growth in countries with Asia’s biggest economy will slow to 1.5 percent in 2011, down 3.1 percent compared to this year.

“The decline in the price of unremitting labor to make the company and adversely affected by it all,” said Chief Economist for HSBC Securities Seiji Shiraishi was quoted as saying by AFP.

These conditions indicate that Japan will be hard to beat deflation own country, thus encouraging social factors such as the shrinking population. “Deflation will be easier if the global economy and strong external demand for Japan’s help also can encourage increased exports of Japan and eventually trigger a return of domestic demand,” said Seiji.