From the Cambridge Dictionary of English: iota (n.) - an extremely small amount From the Wikipedia: Internet of Things (IoT) - the network of physical objects—devices, vehicles, buildings and other items—embedded with electronics, software, sensors, and network connectivity that enables these objects to collect and exchange data. As electronics get smaller and smaller, not just wearables like an Apple Watch, but even tiny full computers like the Raspberry Pi, the "

There is an old (obviously) English saying, warning people not to be "penny-wise and pound foolish." As the main British currency is the pound, 1/100 of which is a penny, someone who is penny-wise and pound-foolish is someone who refuses to invest a small amount now, leading to a much greater cost later. No matter how often I come across companies being penny-wise and pound-foolish, I never cease to be surprised by it.

Yesterday, we looked at how the market values Yahoo, and tried to understand why a company with $6.3BN in net assets, and another $31BN in a fairly liquid equity investment is valued only at... $31BN! Interestingly, Daniel Morris pointed out an article in CNBC from September which argued that the issue is taxes. Essentially, Yahoo's investment is encumbered by a potential tax bill. If an when they liquidate it, the tax bill will be enough to wipe out the rest of Yahoo's assets.

According to several articles I have seen today, notably this Wall Street Journal report, Yahoo's Board of Directors are considering a sale of Yahoo's core Internet business. For quite some time, Yahoo has been a troubled company. To many people, it doesn't matter. But to those of us who enjoyed it as one of the first major Internet search sites, it is very sad to see. Marissa Mayer was brought on board to fix the company.

In a world full of email, then SMS, then Twitter-based abbreviations for everything - ttyl, afaik, iirc, rtfm - do good, clean, clear writing skills still matter? Yes. Unquestionably, and without a second's hesitation, writing certainly matters, not solely for the pedantic nitpickers. Good writing skills greatly affect your business success. Secret of Success I once asked a very successful executive what he thought was the single most important factor in his success.

Anyone who does Web-scale or information technology over the past two years knows containers. The primary reason is the success of docker in making not-so-new containers easy to build, deploy, manage and use. Personally, I think Docker containers are great. They provide a far more efficient level of isolation than VM virtualization, without sacrificing manageability. Docker itself, however, is a young company, and every now and then young companies, whose products are moving very quickly, make silly mistakes.

There is a famous saying, known as Conway's Law, which states that: organizations which design systems ... are constrained to produce designs which are copies of the communication structures of these organizations It means that when your organization builds a system, its structure will reflect the organization that created it. If you have 3 teams - database administrators, system administrators and Web developers - then your system architecture will have 3 distinct components: databases, servers and Web UI.

As Ecclesiastes said, "there is nothing new under the sun." Last week, we explored how much of the innovation in the tech business is just retooling existing processes, while much innovation exists in the technology itself, which enables those businesses. It turns out, even in technology itself, sometimes the newest and most innovative item really is nothing new under the Sun (capitalization intended). Back in the late 1990s and early 2000s, before the growth of Linux, commodity servers and Google, we used to buy a lot of very expensive computer hardware.

"The purpose of a business is to create and keep a customer." - Peter Drucker No matter how many times we say it, we forget it. We get caught up in operations, or competition, or marketshare, or share price. Yet a business, like a life, has a purpose: to create and keep a customer. I might add, "to keep that customer profitably satisfied." Earlier this month, a very well known Apple developer, one of the "

In the first half of this year, I noted that ReCAPTCHA was a lot like the "TSA of the Web" - an annoyance that is sometimes necessary to keep bad actors out and good (or, in the case of ReCAPTCHA, "real") actors in. I also noted that Google, itself, had publicized that it had broken ReCAPTCHA, rather than wait for someone else to do so. In that respect, ReCAPTCHA was lot more like the TSA - weak, broken, but good "

Safes. They are big, heavy, and make us feel, well, "safe" about our valuables stored inside. Historically, safes were controlled by a series of complex gears that only the correct series, or "combination", of dials would open. I loved the illustrations for gears and other mechanical devices in David Macaulay's "New Way Things Work". Digital safes, whether the professional variety of the home variety, were created largely for convenience. They are faster to open, easier to share (and change) codes, and required less physical space for all of the gears.

Welcome to Atomic Energy! This is the CEO's blog, with thoughts and insights about everything that affects business, economy, society, policy and, of course, technology. Comments on any blog postings are always appreciated, and Trackbacks and Pingbacks are certainly welcome. I look forward to interacting with many of you. Avi