FBI Kills Megaupload

Mixtape mecca and openair piracy expo Megaupload has a serious problem: it's just been shut down by the feds. The feds. And they didn't even need SOPA! The federal indictment accuses Megaupload—which shocked the internet with the revelation that rap producer Swizz Beatz is for some reason its CEO—of over $500 million in lost media revenue from hosting pirated media. They had quite a run, though! Megaupload boasted "more than 150 million registered users, 50 million daily visitors and accounting for four percent of the total traffic on the...

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Importance of incorporation of ICT

Why the interest of governments in promoting new technologies and ICTs? I talked about what is an ICT in this post Well, now businesses have to work in a new context, the context of the information and communication. Most businesses will need to manage huge quantity of information, and this part is easier with an Intranet and an Extranet, this systems helps to share, update and use the information between suppliers, clients and employees...

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Information and communication technology

Recently I have been studying Information management here in Spain, and now I want to show you the most important things of this subject. According to a definition given by the European Commission, information technology and communication (ICT) is a term that is currently used to refer to a wide range of services, applications and technologies, which use diverse types of equipment and software, and they are often transmitted through telecommunications...

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Examinations

Sorry for all this time without an update, I had to attend my exams here in Spain and it was hard because I had to study all the subjects from the beginning with just a little previous knowledge, I decided just to study two of them, Information Management and SIIG (Integrated information systems for the management). I will make some posts with information of this subjects, both are really interesting for manageme...

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The 14 Principles of the Toyota Way

This information is from a book that my teacher of Business management & enterprise development gave to me this year. I hope that you will find this useful to understand the TPS and the toyota way. Section I: Long-Term Philosophy Principle 1. Base your management decisions on a long-term philosophy, even at the expense of short-term financial goals. ■ Have a philosophical sense of purpose that supersedes any short-term decision making. Work, grow, and align the whole organization toward a common purpose that is bigger than making money. Understand...

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The Toyota way JUST IN TIME

I have studied the Toyota way this year in my subject Business Management and enterprise development, I want to give thanks to my teacher Marc Cashin from the AIT. I found so usefull and interesting that I want to explain the Toyota Way and give you a summary of the culture behind TPS (Toyota production system). "The more I have studied TPS and the Toyota Way, the more I understand that it is a system designed to provide the tools for people to continually improve their work. The Toyota Way means more dependence on people, not less. It is a culture,...

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What is a Bad Bank? / Qué es un Banco Malo?

Today I want to explain to you what we understand as a Bad Bank. Bad bank is an institution created by the state in order to keep or hold the toxics assets of the banks of the country. This banks are created when the flow of the money is broken, companies and people can't access to the credit, and that is because the banks have liquidity problems. This institution helps banks to clear from their balance sheets their toxics assets. Normally Bad banks can negociate the prices of those assets, the price established is normally ranged between the...

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