Apple has more money than the U.S. Government

So yeah, apparently Apple has more liquid assets than the U.S government! 2 billion more in fact!

As the government struggled to reach an agreement on raising the , the U.S. Treasury's cash balance fell to $74 billion this week. That's less than the $76 billion that now has in cash.

It's not terribly likely that the government will ask Apple Chief Executive Steve Jobs for help. But it wouldn't be the first time the government has asked for a bailout from an industry mogul.

In the mid-1890s, with the U.S. economy still recovering from the financial panic of 1893, the U.S. Treasury was in danger of going bankrupt as worried investors clamored to collect what they were owed from U.S. gold reserves. With few options left, President Grover Cleveland met with New York financier J.P. Morgan, who pledged a whopping $60 million in gold. Adjusted for inflation, that would be about $1.5 billion today.

Read the rest of the article on it HERE

Google buys IBM patents and launches Hotel Finder

So google is snatching up tech patents from IBM (and I'd imagine other companies)... they just continue to grow...

Google has bought more than 1,000 technology patents from IBM as the Internet giant seeks to build up its portfolio and head off potential intellectual property suits.

Read an article on it HERE

 

Google also launched their new "hotel Finder' service

Google, which purchased a leading flight software company earlier this year, has launched a new tool for finding hotels.

Hotel Finder is an "experimental search tool" designed to help users locate and book hotels, software engineer Andrew McCarthy said in a blog post.

Hotel Finder, which is restricted to the United States for now, lets a user refine their choice by geographic area using and select hotels using various criteria including price, the number of stars and user ratings.

Read more on it HERE and find the service at HOTEL FINDER

AT&T to throttle data speeds for 'unlimited' hogs

Alright, so AT&T is now throttling those of us with grandfathered unlimited plans on our phones... and it's not just rumor, I started experiencing this 2 weeks ago and it's been consistant since, once I start using data in the morning my speeds quickly drop to a fraction of what people around me are getting. However, they claim they aren't going to do it till October 1st, then why AT&T am I feeling it now!

AT&T Inc. said Friday that it's going to start limiting speeds for the 5 percent of its customers with "unlimited" data smartphone plans who clog the airwaves the most.

The measure will take effect Oct. 1, AT&T said, and is intended to alleviate congestion on the network.

T-Mobile USA already throttles users who go over certain limits for data consumption.

AT&T stopped signing up new customers for "unlimited" plans last year. Instead, it now lets heavy users pay extra when they go over a certain data allotment.

See the rest HERE

See other issues I've had with AT&T HERE

 

Actually Kind of Limited Data Plan of the Day
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