The whole world was talking about the release of new iPhone on October 4th. It was only a day after when Steve Jobs, co-founder and former CEO of Apple, died while fighting against pancreatic cancer. Steve Jobs created many revolutionary devices including iPods, iPhones, and iPads.What consumers are questioning now is “Will Apple be the same without Steve Jobs?”. Sure, many economists are expecting drop in stock market, but Apple will be providing the same taste and should be good to go.

For Now.

Although the genius behind Apple products is no longer around, he left 4 years worth of products for Apple. Steve Jobs was fully aware of his health conditions, and worked on future Apple products to ensure the company’s future. Some of his work that he prepared before his death include blueprints for 4 generations of iPhones, iPads, and other iProducts. For Apple fans out there, this is a relief of sigh, since the next four generations of iPhones will carry the work of the same guy who created all the other products they love.

source : http://www.ibtimes.com/articles/227662/20111009/steve-jobs-legacy-continues-apple-boss-leaves-behind-plans-for-four-years-of-iproducts-iphone-iphone.htm

Facebook, founded by Mark Zuckerberg, is a ground breaking social networking site of this generation. What first started as a small networking site among few colleges now expanded to cities all over the world. Facebook users may share as much information as they want on their profile. However, having one’s personal information for the world to see brings up a major concern of privacy. You guessed it right, Facebook has been selling personal data to companies and markets. There are privacy settings which allows users to choose which information may be visible to certain groups of people. Problem is, Facebook has the power to extract consumer’s data anyway. It is not a coincidence when users receive emails about wedding planning when their relationship status changes to ‘engaged’. Although it is not illegal in Germany, Facebook is also known for selling information to employers of big companies so that they can see their future employee’s personal life to determine their suitability for the company.

Source: http://www.businessweek.com/technology/content/may2010/tc20100526_720314.htm

Bank of America is one of the government bailout recipients and currently a company being targeted by many protesters at Wall Street. Although Bank of America have firm iron fist, American protesters have a strong weapon. They can move all their money out from BOA to its competitors. So what exactly are they doing that are making protesters angry? Here are some reasons why:

1) They started charging $5 monthly fee for clients to use their debit card for purchases. This may be a dangerous move since BOA has a big influence in banking industry, their actions might a set a trend among other banks.

2)Bank Of America recently announce job cuts of 30,000 employees. This number is more than double of what other American employer has announced this year.

3) Last but not least, Bank of America is giving away bonuses and rewards for executives in a middle of economic crisis. What makes people upset is the fact that the company is blaming on the economy for having to lay off employees and creating new fees, yet they still seem able to manage giving away extra money for executives who already earn multi- million dollar salaries.

It did not come as a surprise when one of many credit unions, Delta Credit Union, is planning on launching ‘Switch Day’ for Bank of America’s clients to switch to their credit union. I personally believe that ‘bonuses’ are a big issue in modern world of business. Sure it seems wrong, but it is hard to stop big banks and companies since ‘everyone’s doing it’ whether or not the economy is flushing down the toilet.

Source : http://thinkprogress.org/special/2011/10/08/339747/move-your-money-from-bank-of-america/