Yu Kai Lin

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Is Tesla Motors really worth almost half the value of GM?

Discussions of Tesla Motors sometimes seem couched in the terms of a religious tale: Tesla as David versus General Motors in the Goliath role.<p>One company is the plucky Silicon Valley electric-car startup that’s never built a vehicle with a gasoline engine.<p>The other is the largest U.S. automaker, …

Apple's iPhone 5S in-store pickup said to resume next week

Shortly after the iPhone 5S launched, customers had the option to reserve one through Apple's Web store or its store app, and pick it up later at one of the company's retail stores. But after just a day, Apple yanked away the option.<p>That option is set to return next week though, says 9to5Mac. The …

U.S. Wealth Is Now the Most Concentrated at the Top Since 1916

A new report shows that income in the U.S. in 2012 was more concentrated at the top than at any time since 1916.<p>A bit more than one twenty-fifth of all income in the U.S. is now being taken in by the top one-ten-thousandth of the U.S. population. That one rich statistical person is bringing in …

Why Ford CEO Alan Mulally Is A Good Choice To Run Microsoft (Despite His Lack Of High-Tech Chops)

Alan Mulally, Ford's CEO, has reportedly become the leading candidate to run Microsoft now that Steve Ballmer is retiring as CEO.<p>Mulally is a bit of a shock to some people because he has no connection to high-tech. Prior to running Ford, he was CEO of Boeing's commercial airplanes division. He …

The iPhone Is a Bigger Business Than Coca-Cola and McDonald's Combined

And Google. And Microsoft. And Home Depot.<p>Eric Chemi, head of research for <i>Bloomberg Businessweek</i>, pulls an amazing stat. iPhone sales in the last year exceed <i>all revenue</i> to Microsoft, Amazon, Comcast, or Google. The iPhone alone outsells Coca-Cola and McDonald's, perhaps the world's two most famous …

Samsung Denies Copying Apple with Gold Smartphone

This past week Samsung has taken a fair amount of heat for appearing to unveil a golden version of the Galaxy S4 less than a two weeks after Apple launched a new gold incarnation of its latest smartphone: the iPhone 5s. Given previous history between the two companies — notably the $1 billion fine …

Coffee Prices Are Beginning To Fall After A Decade Of Inflation

According to the Bureau of Labor Statistics, which publishes consumer price index (CPI) data, coffee prices have been falling since 2012.<p>But they're up 38% in the last decade. This compares to just 14% for other beverage materials.<p>From the BLS:<p>The decline in coffee prices in 2012 and 2013 follows a …

How Converse went from bankruptcy to a $1.4 billion business

As its parent company commands, Converse is just doing it.<p>The 105-year-old brand has grown at breakneck pace since Nike rescued the company in 2003, two years after it filed for bankruptcy. Since its cultural heyday in the ’80s, the hip sneaker has experienced a rebirth.<p>On Thursday, Converse posted …

Shoes

By 2015, China will be the world’s largest consumer of processed food

In China, the traditional diet of vegetables, rice, noodles, and small portions of meat—a diet hailed as one of the world’s healthiest — is disappearing. Chinese people are eating more Western food, more meat, and on top of that—more packaged, on-the-go food that comes with additives, artificial …

Processed Food

Executive infighting reportedly led to BlackBerry's downfall

In the end, BlackBerry's leadership may have been its own worst enemy.<p>The struggling handset maker suffered from infighting at its executive level that hobbled its ability to compete in the mobile market and led to its eventual downfall, according to an investigation conducted by the The Globe and …

Toshiba to halve staff numbers in TV unit

<b>Japanese electronics firm Toshiba has said it will halve the number of staff in its TV division to 3,000 as it looks to revamp the unit's operations.</b><p>The changes will also see the firm close two of its three overseas TV manufacturing facilities.<p>Toshiba said it would focus on emerging markets …

Toshiba

Toshiba to cut 3,000 jobs and outsource production to stem TV losses

It's not as if Toshiba's TV division has been totally silent recently, but it apparently hasn't been making enough noise to justify the continued employment of its full, 6,000-strong workforce. Although it's not quite ready to give up, the Japanese manufacturer is scaling back its TV operation …

Apple leaves Coke flat at top of global brands list

Apple was named the world's most valuable brand on Monday, taking the fizz out of Coca-Cola's 13-year run at the top of a closely followed annual survey.<p>The soft drink giant slipped to third place, behind Apple and Google, in this year's Interbrand survey of the most valuable brands, based on a …

Apple Store

Microsoft's Steve Ballmer gives final emotional speech to staff

Among cries of "we love you" from the crowd, Microsoft's outgoing chief executive Steve Ballmer made his last company-wide speech in a torrent of emotion.<p>"It's not about one person," said Ballmer. "It's about this company – a company that's important, forward thinking, innovative, ethical, and …

What Would Instagram Be Worth Today If It IPO'ed?

Eighteen months ago, popular photo sharing site Instagram sold itself to Facebook for $1 billion.<p>At the time, it was seen as a huge win for founder Kevin Systrom and its investors which included Andreessen Horowitz.<p>When Facebook’s stock price was lower last Fall, you would hear folks criticizing …