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Cisco System's Vision For Online Education Is Emerging Now

Google is driving the deployment of Gigabit Fiber to the Home (FTTH), which holds the promise of orders of magnitude higher bandwidth and dramatically lower cost. But people have asked the question, “what will people do with all of this massive bandwidth?” Now we are seeing actual glimpses into that future, and how Cisco Systems vision for the future of education is already emerging.

Global

LIBOR 2: 15 Biggest Global Banks Face New Foreign Exchange Fraud Probe

It appears that international banking fraud and market manipulation continues unabated. The newest scandal brewing involves Swiss, British and American banks manipulating foreign currency exchange rates. The LIBOR fraud scandal has apparently done nothing to improve the ethics of the global financial services industry.
Less than two weeks ago I posted on this blog the revelation that banking authorities in Switzerland had opened an investigation into foreign exchange (arbitrage) fraud by Swiss banks. My report went on to say that the investigation was uncovering implications of broader involvement of banking institutions outside of Switzerland. Today, the Financial Times in London published an explosive article naming 15 global banks now implicated in the expanding investigation of global foreign exchange fraud and manipulation.

Canada

Strategic Inflection Point: iTunes University Transforming The Ivory Tower Whether We Like It Or Not

Much noise is being made about Massively Open Online Courses (MOOC’s), and the rise of organizations like The Khan Academy and Silicon Valley startup Coursera. Universities, including this one, are scrambling to develop strategies to respond. While institutions like M.I.T. and Harvard have already embraced open, free education, smaller institutions see a catastrophe on their horizons. IMHO, broader and deeper disruptive change is already occurring in all education, not only higher education.

Silicon Valley Culture

More Pressure on Telecommuting: Now It's Hewlett-Packard

As the pressure on struggling Silicon Valley companies Yahoo, and now Hewlett-Packard have increased, the pressure on telecommuting has increased. Now, Meg Whitman, CEO of Hewlett-Packard has joined Yahoo’s Marissa Mayer in calling HP’s telecommuting employees back to work. The problem seems to be that telecommuting employees are now being perceived like recipients of food stamps and welfare: freeloaders taking advantage of corporations, being less productive and costing corporations more than they are worth.

Mayo615’s Insights for Entrepreneurs Weekly Podcast

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