Volcano erupts

A ash cloud from a volcano wrecked global travel. Cisco Systems senior vice president used technology to set up a virutal press conference. Since the volcano erupted on April 14, Cisco's Telepresence service has boomed. They now know how to use a cheap and and easy techonoloty. They are now using it as a network for business meetings. This is of course used when face-to-face meetings are impossible.

Google has also helped companies set up Gmail. This is an easy way to keep a company running meetings and trading information. If a man-made or natural crisis were to occur and shut down these companies, workders can show up and start trading information through technology. This type of thinking is just how if one are of the globe is affected by a disaster, traffic can be routed to another. However the global economy learned last week that it is a lot harder and in some cases, nearly impossible to lose jobs while building networks that now move people, goods, and services around the world.

During the cloud of volcanic ash clouds in the air, the International Air Travel Association reported that airlines lost $1.7 billion because of the shutdowns in Europe. This is among the smallest of problems that have happened over the years though. Hundreds of years ago an eruption far away in Iceland wouldn't have affected autoworkders in Tennessee from assembling cars. That is changed however for this day and age. Manufacturers now have lengthy supply chains and therefore keep as little warehouse space as they can tied up with inventory.

Globalization has brought companies sources and products to places all over the world. The bad thing about this is that if there is any sort of disruption anywhere then the machinery of global capitalism slows down. Europe is the biggest exporter and the second biggest importer, so if there is any disruption there you know companies elsewhere will be hurting.

Companies are looking and trying to come up with alternitive ways for this problem. It seems that the globalization of transport and inventory from all over the globe is becoming fragile. They have come up with new and faster routes for travel over seas but are still working on effective ways for other such improvements.

I knew that we shared and imported things from other countries as well as exported but I didn't know how great of a tragedy a disaster millions of mile away could have on certain companies. We are all connected in this globalization system and if we can find a smoother way of keeping things running while other places are dissabled of travel and etc. it would be a great break through.

iPhone Rumor

There have been many rumors that the iPhone will now be available to Verizon customers in 2010. However, the article I read pointed out some facts that might point out this new iPhone could possible be just a rumor.

The article I read actually raised four ideas about this new rumor. The first being that we have heard this rumor multiple times before. It started appearing in 2008 and '09. So knowing this alone is something to make us wonder if it's just another rumor floating in the air.
The second idea is that rumors last spring were that the carrier's CEO told reporters that Apple probably wouldn't want to bring the iPhone to the company until its 4G network was set in place. As of now Verizon only has CDMA technology which is too dated and limited for Apple's interests. Verizon doesn't even expect to reach even a 66 % coverage level in America until 2012. However Apple could have altered its position on the Verizon CDMA issue knowing that it would take longer than expected to finish.

The third idea or issue is that Apple has a contract with AT&T, which no one knows the length or status of. Reports have guess that the deal may expire sometime in 2010 but there has not actually been an official report of this stat. Some believe that the launch of the iPad however, might have altered the length of the contract with AT&T a little more.

The last idea is that there is always benefits from the buzz and rumors of companies. Since this news of the iPhone coming to Verizon, both Apple and Verizon have shot up in stocks while other companies such as Research in Motion, Palm, and AT&T all took a hit.

I guess my opinion would be that I will believe it when I see it. I would bet that there would be many people that would purchase the iPhone if it did begin to be sold through Verizon. Verizon is the top cell phone carrier around here and they would make tons if they got a hold of selling the new iPhones.