Tech Talk News: Steve Jobs Does Playboy????

Well not exactly but sort of,  in 1987 Playboy sat down with Steve Jobs to discuss money and technology with then 29 year old Steve.  Playboy recently launched their iplayboy website with archives worth of interviews, they decided to post a long lost interview with Steve Jobs. @Yungjohnnybravo @TatWZA


Q&A: What If U.S. Defaults On Debt?

If the United States runs short of cash to honor its obligations 18 days from now, the economic impact would be fast and furious. Continue reading after the jump. @capriSUNshine


NIKE, Inc. Raises in Fiscal Year 2015 Revenue Target to $28-30 Billion

Company Updates Progress on FY 2015 Global Growth Strategy; Strong Innovation Agenda Drives New Revenue Target BEAVERTON, Ore., June 28, 2011 – NIKE, Inc. (NYSE: NKE) today provided an overview of its fiscal 2011 results and reviewed progress on key strategic initiatives to achieve sustainable, profitable long-term growth across its global portfolio of brands. During an investor meeting at its world headquarters in Beaverton, Ore., the Company increased its fiscal 2015 revenue target to a new range of $28-30 billion, up from its previous target of $27 billion announced in May 2010. Additionally, the Company reaffirmed its goal of generating $12 billion of cumulative free cash flow from operations from fiscal 2011 through fiscal 2015. Both goals extend NIKE, Inc.’s long-term financial model of high single-digit revenue growth, mid-teens earnings per share growth and expanding returns on capital.* More on this after the jump… @DJJUANYTO


Kicks: Nike Inc Reports Fiscal 2011 Fourth Quarter and Full Year Results

  In Beaverton, OR, this past Monday Nike (NYSE: NKE) reported the financial results for its fiscal 2011 fourth quarter and full year ended May 31, 2011. Diluted earnings per share for both the quarter and full year hit record highs, as higher revenues and SG&A expense leverage more than offset a lower gross margin rate. President and CEO od Nike , Inc. Mark Parker said “In fiscal year 2011, we delivered exceptional results in extraordinary times, Our business is organized to drive growth across multiple brands, geographies and categories, as we manage through the ever-changing macroeconomic landscape.” Parker added, “We continue to deliver compelling innovation to athletes and consumers, and strong returns for our shareholders. The global appetite for sports has never been stronger.” More on this story and the results after the jump… @DJJUANYTO


15 Governors Warn Against Tough Fuel Economy Rules!!

The Obama administration needs to ensure it doesn’t set fuel economy standards for the 2017-2025 model years that are too aggressive. Hit the jump to read the rest of the story. Funk Flex


China Warns U.S. To Stay Out Of Sea Dispute!!

China urged the United States on Wednesday to leave the South China Sea dispute to the claimant states, saying that U.S. involvement may make the situation worse, its most direct warning to Washington in recent weeks. Chinese Vice Foreign Minister Cui Tiankai’s comments to a small group of foreign reporters ahead of a meeting with U.S. officials in Hawaii this weekend come amid the biggest flare-up in regional tension in years over competing maritime sovereignty claims in the South China Sea. Hit the jump to read the rest of the story. @WiL


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