Oct. 15 (Bloomberg) -- Bloomberg's Trish Regan visits Nathan Myhrvold, founder of Intellectual Ventures, and a semi-professional chef with a penchant for experimenting in the kitchen. Myhrvold appears as a part of Bloomberg Pursuits, airing on Monday, October 15 at 9PM on Bloomberg Television. (Source: Bloomberg)
“ Modernist Cuisine ” is six volumes long, runs 2,400 pages and weighs more than 18 kilograms (40 pounds). The cover price is $625 and it’s sold out on Amazon , where outside suppliers ask as much as $1,875.
A patent business controlled by former Microsoft Corp. Chief Technology Officer Nathan Myhrvold sued Hynix Semiconductor Inc. and Elpida Memory Inc., along with 10 of their customers, after the companies refused to pay royalties on computer-chip technology.
Patents rarely make headlines, but they did this month when Nortel Networks Corp., the defunct Canadian telecommunications giant, auctioned off its patent portfolio and drew an astonishing winning bid of $4.5 billion from a group of companies that includes both Apple Inc. and Microsoft Corp.
As we lurch from one high-stakes political drama to another, it is natural to wonder why societies aren’t better at avoiding self-inflicted crises. Here in the U.S. earlier this month, the government barely dodged default, even though economists reached consensus months ago on when the debt limit would need to be raised.
One reason “dismal science” aptly describes economics is that it so often winds up in a zero-sum trade-off of diminishing returns. That gets depressing when the global economy is in a sorry state, as it is now.