The term “Internet of Things”  (IoT) is being loosely tossed around in the media.  But what does it […]


A year ago, a DDoS attack caused internet outages around the US by targeting the internet-infrastructure company Dyn, which provides Domain Name System services to look up web servers. Monday saw a nationwide series of outages as well, but with a more pedestrian cause: a misconfiguration at Level 3, an internet backbone company—and enterprise ISP—that underpins other big networks. Network analysts say that the misconfiguration was a routing issue that created a ripple effect, causing problems for companies like Comcast, Spectrum, Verizon, Cox, and RCN across the country.


Anti-secrecy group WikiLeaks said on Monday that its founder Julian Assange’s internet was shut down by the government of Ecuador, deflecting blame from the U.S. or British governments which have sparred with Assange for releasing sensitive material. My earlier predictions that Assange has worn out his welcome at the Ecuadorian Embassy in Knightsbridge, appears to be playing out. Assange and Wikileaks, originally portrayed themselves as an “international, non-profit, journalistic organization” with no political bias, that releases confidential information form anonymous sources for the benefit of the public. This image has been severely tarnished by Assange’s own statements, and numerous allegations of bias favoring Russia going back to 2011, and Assange’s own statements of a bias against the United States for seeking his prosecution.


Lost today in the extraordinary news frenzy surrounding the release of a video tape of Donald Trump making unprecedented lewd and obscene comments about women, was Barak Obama’s announcement that the United States officially and publicly accuses Russia of espionage in the hacking of the Democratic National Committee, and stealing documents, now in the possession of Wikileaks. Some may recall Julian Assange’s video interview with Bill Maher on HBO’s Real Time with Bill Maher about a month ago on this topic. It seems clear from the Bill Maher interview that Assange is on a jihad against the DNC because Clinton wanted to prosecute him. Assange has no altruistic motives — it is personal. We have a foreigner trying to influence U.S elections using documents stolen by Russia.


In the simplest terms, the concept here is how a company can potentially increase both revenue and market share by executing a strategy to work with direct or indirect competitor(s) to the benefit of both, a win-win. The old Arab saying, “My enemy’s enemy is my friend” also applies. It can also be as simple as joining an ad hoc collaboration among a group of companies or a standards group to create market order and simplicity from an overcrowded and confused market. Customers invariably respond to products that provide the greatest value and paths to long-term increased value and cost reduction. Collaboration or “Co-opetition” is one of the most effective means to achieve that goal, particularly in an economic environment where “flat is the new up.”


This is one of the better mainstream media analyses on the growing concern regarding Global Financial Contagion. Reblogged from The Guardian (UK) The author, Paul Mason is economics editor of Channel 4 News. @paulmasonnews.
‘The biggest risk is not deflation of a bubble. It is the risk of that becoming intertwined with geopolitics.’