It’s the Chocolate Factory for tech nerds.
Search the web for “Apple HQ,” and most of the results you get will be pictures of Apple’s Cupertino headquarters — from the outside. Usually with some fanboy standing next to the “1 Infinite Loop” sign. But what we really want to see is what’s inside the ultra-top-secret place where all our favorite gizmos are dreamed up.
This discussion will be moot a few years down the road when Apple opens its gigantic new wheel-shaped campus. But for now, this is the ultimate Nerdvana.
via Apple Gazette (w/ 20+ more photos)
The largest private employer in China, Foxconn with over 1 million employees, is finally facing stiff labor costs. This is great news for the U.S. manufacturing sector who may be able to lure some work back to the United States.
It will be interesting to see how this affects the global market, but for now the advantage is all for the robots:
Taiwanese technology giant Foxconn will replace some of its workers with 1 million robots in three years to cut rising labor expenses and improve efficiency, said Terry Gou, founder and chairman of the company, late Friday.
The robots will be used to do simple and routine work such as spraying, welding and assembling which are now mainly conducted by workers, said Gou at a workers’ dance party Friday night.
Foxconn, the world’s largest maker of computer components which assembles products for Apple, Sony and Nokia.
A quote from Foxconn reveals that the issue of rising labor costs for the company are just going to get worse:
…talked about moving its human workers “higher up the value chain” and into sexy fields such as research.
via The Economist
In April 2012, the Canadian government will begin phasing out the Canadian penny. It was left out of the latest budget because it just didn’t make financial sense to keep it going.
“The penny is a currency without any currency”
The Canadian penny now costs Canada 1.6 cents to produce. The government says it loses $11 million each year making and distributing pennies.
How Canada actually goes about doing away with its own penny may prove to be a model for the U.S.
In April, Canada will mint its final penny, and a few months later, it will halt all distribution of pennies to the country’s financial institutions as it attempts to withdraw them from circulation.
As for how Canadian businesses and consumers deal with a world without pennies, that’s largely up to them. The government is suggesting that they either round up or down to the nearest five cents. For those who use debit or credit cards, prices will still be charged to the cent.
Oh and by the way:
The U.S. penny costs an incredible 2.4 cents to make (and the nickel, by the way, costs 11.2 cents).