Last night’s State of the Union address from President Barack Obama left small business owners divided over his plans for economic recovery which included eliminating tax perks for companies that offshore jobs and beefing up training stimulus for technology jobs. Here is a roundup of what stakeholders are saying around the blogosphere:
Atlanta small business leaders were skeptical and angry about some of the proposals put forth by Obama and scoffing at what they perceive as a growing regulatory environment while cringing at the thought of a minimum tax on the wealthy, reports WSB Radio.com.
Shares of Research in Motion jumped 10 percent on Tuesday after a tech blog (The Boy Genius Report) said the BlackBerry maker was actively seeking to sell itself to South Korean smartphone rival Samsung Electronics.
This fall New York will open The Academy for Software Engineering, the city’s first public high school that will train kids to develop software, reports Mashable.
Whole Foods is about to become the next Starbucks, writes Leigh Drogen. It is about to move from being an organic grocery store to a cultural icon.
Total, France’s largest oil company, bought a $2.32 billion stake in Ohio’s Utica shale region from Chesapeake Energy and EnerVest, Bloomberg reports.
Verizon Wireless has reversed its decision to charge a $2 fee for one-time telephone and online bill payments after a storm of criticism from consumers and the U.S. communications regulator.
Occupy protesters say they are making their own Facebook, Wired.com reports.
If the last decade was all about open source, the next decade will be about open APIs. However, as with open source, APIs aren’t necessarily a guarantee of billions in the bank, Matt Asay writes in The Register.
(GigaOm) – While 2011 was a big year for political unrest, another uprising was afoot in the world of content creators and artists. Everywhere you look, artists are taking more control over their own economic well being, in large part because the Internet has enabled them to do so. You see it in all forms of content, from books, to video to music.
A few examples from this year:
e-books: Probably the most active area in large part because there is huge shifts taking place in digital publishing. From former mid-list writers like Barry Eisler to superstars like JK Rowling, writers are increasingly making waves in digital publishing.
With the prized Facebook IPO on the horizon for 2012, the lead investment-banking role is still up for grabs and long-time rivals Goldman Sachs and Morgan Stanley are considered front runners, the Wall Street Journal reports.
In this Deal Pipeline video, Paul Hastings corporate department partner Barry Brooks predicts that mergers and acquisitions in financial services will jump in 2012.
Amazon.com shares fell to their lowest level since late March on Thursday on concern about sales growth during the online retailer’s crucial fourth quarter.
Free Wi-Fi is on its way to some Japanese vending machines, reports gizmag. Much like a mobile hotspot at a local coffee shop, people near the machines would be able to connect to the internet for 30 minutes at a time and surf the web.
Among the series of distractions ahead of Groupon’s IPO last month was the Mason Memo, WSJ’s Deal Journal reported late Wednesday. Newly disclosed documents shed light on how Groupon was forced to explain the memo to the SEC.
Alibaba Group has hired a Washington lobbying firm in a sign that the Chinese e-commerce company would be willing to make a bid for all of Yahoo in the event that talks to unwind their Asian partnership fail.
The iTV might be the most anticipated product Apple will ever launch, and it seems everyone has an opinion about it, writes Gigaom’s Ryan Lawler. Apple will win in TV the same way it won with the iPhone — by having a compelling platform for app developers, he says.
Microsoft’s Windows Phone OS “hasn’t made much of a splash in 2011″, says ex-Windows Phone evangelist Charlie Kindel. “Microsoft’s approach with WP7 has a impedance mismatch with the carriers and device manufacturers while Google’s approach reduces friction with carriers and device manufacturers at the expense of end users,” his blog says.
Dutch financial services group ING Group has scrapped plans for a separate trade sale of its Belgian insurance business, worth 500 to 750 million euros, a person familiar with the deal said on Wednesday.
Sears “has been a mismanaged asset,” Gregory Melich, an analyst at International Strategy & Investment, said in a Bloomberg Television interview yesterday. “A lot of traditional department stores have reinvigorated themselves through merchandising, through changing their locations; you think of Macy’s. You haven’t seen that from Sears.” Yesterday the largest U.S. department store chain reported that it would close as many as 120 locations after same-store sales fell 5.2 percent in the eight weeks ended Dec. 25.