Best of the Blogs: Why Are Microsoft and Google Pointing Fingers About Privacy Settings?
Minyanville's daily roundup of some of the best financial commentary from around the Web.
Link: Microsoft: Google Bypasses Privacy Settings in Internet Explorer, Too
Last Friday, a Wall Street Journal report revealed that Google and some advertising companies had been circumventing privacy settings in order to follow users browsing through the Safari browsing on the iPhone and on the Web. Now, Microsoft has said that Google is working around the privacy settings on its browser, Internet Explorer, as well. (For Related Content, see Microsoft Slams Google in Parody Video.)
Capital Gains and Games
Link: It's February 21: Do You Know Where The Obama 2013 Budget Is?
“I‘ve been in the budget business for a long time, and I have to admit that few presidential budget have disappeared from view as fast as the one the Obama administration submitted to Congress last Monday. But before anyone starts blaming Congress for too quickly declaring the Obama 2013 dead on arrival, as I explain in my column from today's Roll Call, I'm not sure that at least some of this wasn't planned by the White House and much of the rest of it was what could end up being one of the biggest public relations mistakes of the year by House Republicans.”
Link: Summarizing The Open Questions Surrounding The Second Greek Bailout
Think this time around finally the Greek deal is done? Think again. OpenEurope lists the "many" questions still surrounding the second Greek bailout that remain unanswered. We would add that this is hardly an exhaustive list, and believe the key question, to put it simply, is a CAC is a MAC? Because if the answer is yes, the deal is off....We finally have an agreement on the second Greek bailout…in principle. It only took eight months. If you’re of the belief that a disorderly Greek default would have triggered Armageddon, the deal that was agreed (as ever ‘agreed’ is used loosely) by Euro finance ministers in the early hours of this morning is broadly good news. Unfortunately, it is once again hopelessly optimistic and contains numerous gaps and unanswered questions which could still bring down the whole deal. This is nowhere outlined better than the damning leaked debt sustainability analysis (see here for full doc). (Also Read What the European Debt Crisis Means for You.)
Link: Will Rising Gasoline Prices Derail The Economic Recovery?
“Gasoline prices are on the march once again, reaching an average price of $3.52 a gallon in the U.S. for the week of February 13, according to the Energy Information Administration. Prices have been advancing steadily since mid-December and are now at the highest level since last September. Some analysts predict that we'll see $4-a-gallon soon as a national average. If so, will the rally in fuel costs threaten the economic recovery? ‘We’re always over-sensitive to the price of gasoline,’ economist Chris Kuehl tells the Kansas City Star. ‘It just provokes consumers into total depression if the price goes up. … It’s just psychological.’”
China Real Time Report
Link: Adidas Brings Jeremy Lin Jerseys to China
“China, get your game on: Adidas is bringing Linsanity to you very soon. The German sports apparel company plans to roll out the New York Knicks phenom’s jersey across its network of 6,700 stores in China and expects they’ll be a hot-selling item, Adidas CEO Herbert Hainer said in an interview.” (Also Read Minyanville Presents: The Jeremy Lin-dex.)
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