Kronos's past comments

  • 0

    Kronos

    Collaborative consumption is a more accurate potreyal of this rising economy. A good trend I think that takes power away from large companies and distibutes it to the people. Yes, Airbnb are making huge profits but joe pulbic running the guest houses, rooms etc are getting a much larger share of the profits than they would if they were simply hotel employees.

    Not hotel employees, hotel owners. Joe Public is also sidestepping regulations which other honest hotel / guest house owners are abiding by. It is unfair competition. The playfield should be the same for everyone. Other people who are abiding by the rules are honest, hard working people. They do not deserve their hard work to be undermined by those who have no regard for rules and regulations.

    Every company wants free labor and no rules, but it does not mean that it will be good for the society in general.

    Posted in: 'Sharing economy' surge creates labor conundrum

  • 2

    Kronos

    Just make sure they account for it properly.

    Posted in: Toshiba releases 16 megapixel CMOS image sensor for smartphones and tablets

  • 0

    Kronos

    In the original news, the sentence after this reads

    "The real challenge for the stadium has been agreeing an acceptable construction cost against the backdrop of steep annual increases in construction costs in Tokyo and a fixed dead."

    It is difficult for us armchair critics to know exactly how much of the overrun is coming from the design and how much from the corrupt Japanese politicians and construction industry. However having lived in Japan for a long time, it is probably more of the latter than the former.

    Posted in: It is not the case that the recently reported cost increases are due to the design, which uses standard materials and techniques well within the capability of Japanese contractors, and meets the budget set by the Japan Sports Council.

  • 2

    Kronos

    Not much comment if anyone is also looking into whether the auditors had any fault or not. Booking of revenues and expenses should have been vigorously checked by the auditors.

    Still Toshiba's auditor is Ernst & Young. After Lehman, Olympus, and Noble there is this. Serious questions should be asked as to how they are conducting their audits.

    Posted in: Toshiba accounting errors may be over Y100 bil

  • 0

    Kronos

    Actually, I find it quite logical that Turkey does not want to get involved in this mess directly. They would be marching into war with opponents right across their border, where crossings are very difficult to control. They are already dealing with the immense number of refugees almost by themselves. Why should they go into open war on top of that?

    Those countries who are cheering for war are sending troops across the world to fight enemies they see on television, not those across their borders.

    Posted in: Thousands of Syrian refugees flee into Turkey

  • 0

    Kronos

    The bank’s latest board nominee probably doesn’t yet have a strong view on monetary policy, say people who know him, but he’s already preparing for the job by reading a book by outspoken former BOJ deputy governor Kazumasa Iwata.

    Reading to catch up on what he does not know. Not sure if he is the right man for the job.

    Posted in: 'Man from Toyota' may give BOJ's stimulus a reality check

  • 4

    Kronos

    It is difficult to believe Japan has noble intentions with this infrastructure project. As the article indicates, this looks like a competition with the China led Asian Infrastructure Investment Bank (AIIB), which Japan did not join.

    Japan is late to the party and trying to catch up.

    Posted in: Japan to increase investment in Asian infrastructure

  • 2

    Kronos

    People expect blood and get disappointed when they don't get it. Many still think boxing is what it was in 1920s.

    Mayweather is the best at what he does.People may not like his boxing style. They may find him boring. But it gets him wins and that is what it counts at the end of the day. He won this fight fair and square.

    Pacquiao knew what kind of boxer he was facing. He should have prepared accordingly. If you cannot beat your opponent's play style and outwit him in the ring, then you have no right to win the fight. Winning is about forcing your style of fighting on your opponent and dominating him, not expecting your opponent to fight the way that will best suit your style.

    Pacquiao should just retire. He had a brilliant career but it is very clear that his best years are behind him. He was simply outclasses in this fight.

    Posted in: Mayweather beats Pacquiao by decision

  • 2

    Kronos

    @ Strangerland

    "...and she came back that the law says that handsets sold after May 1st are provided with this option, and that my handset was purchased before May 1st."

    Similar to what I was told in Docomo. When they say after May 1st, they mean for new generation models, not current ones - at least for iPhones.

    According to J.Farmer's post, Galaxy phones seem to be different.

    Posted in: Mobile phone service operators lift SIM locks

  • 1

    Kronos

    He obviously does not know that the rules have changed.

    I asked my wife to call the Docomo store again. I thought my Japanese was not enough.

    Basically they said that they cannot make the iPhone models they are currently selling simfree. They are apparently not built like that (not sure what this means). They said that the next model (i.e. generation) iPhones can be made simfree but not the current ones.

    Posted in: Mobile phone service operators lift SIM locks

  • 0

    Kronos

    I am very surprised to read this.

    I just had a talk with a Docomo store about an hour ago to switch from my old garake to an iPhone 6. The guy at the store said there is no simfree option.Very confusing...

    Posted in: Mobile phone service operators lift SIM locks

  • -4

    Kronos

    Love him or hate him, Mayweather knows how to win. He fought a smart fight. Pacquiao was simply not good enough to beat him.

    It was a decisive win. No need for a rematch.

    Posted in: Mayweather beats Pacquiao by decision

  • 5

    Kronos

    According to BBC and other news sites, the French prosecutor are saying that after the pilot leaves (most probably to go to the toilet), they hear the co-pilot pushing flight control buttons and assume that he started the descent deliberately. They also hear from the flight recorder that he is breathing normally and did not lose consciousness.

    What is even sadder is that the passengers realize what is happening in the last minute as their screams can be heard in the background before the plane crashes. It is just heartbreaking.

    I am not sure what kind of controls an airliner can take for a crazy pilot crashing the plane. Even if you make them take psyc tests, these people can see normal until one day they go over the edge. Very sad indeed. RIP to the victims.

    Posted in: Co-pilot appears to have intentionally crashed plane, says French prosecutor

  • 6

    Kronos

    Actually this is serious news. Due to extremely close relationships with the business, Nikkei becomes an extension of the companies themselves which is not good from an independent journalism point of view.

    It also raises a lot of question marks if they would publish a "scoop" first if was bad news for the companies they are reporting on. If the company gets upset, they may not "leak" any information in the future, whuch would be bad for business. I do remember they were not that quick on picking up the Olympus news even when foreign press first started talking about it...

    Posted in: Foreign complaints as Nikkei scoops Japan's inside line

  • 0

    Kronos

    ...42% of firms plan to raise wages at least as much as last year. Still, many are cautious with 44% undecided.... Last year, monthly average cash earnings rose 0.8%, posting the first gain in four years and the fastest growth in 17 years.

    Should be something similar. Some firms will give a raise but it will not keep with the increase in prices. Then the government will trumpet this as a great achievement.

    Posted in: Gov't pressures companies to raise wages

  • 0

    Kronos

    Jordan is not going to accept to exchange the prisoner with Goto. They will prioritize their own citizen. IS also knows this. I fear the pilot is already dead. IS is getting the publicity they want, which is a great shame.

    I am getting very uncomfortable with the way the press is handling this crisis. I would have preferred less exposure and let the governments talk behind closed doors instead of giving these terrorists the satisfaction.

    Posted in: Islamic State issues new threat via Goto to kill Jordanian pilot

  • 0

    Kronos

    Amazon then pushes hardest to promote books from publishers who agreed to the most favorable contract terms, which directly impacts how a book sells, they said, confirming a report by the Asahi Shimbun last week.

    Unlike many posters, I actually think this is an issue. Amazon is one of the biggest, if not the biggest, sales platforms. Locking small publishers out of the market or directly affecting their sales, is a big market issue. Small publishers do bring variety to the market. Just because consumers are getting lower prices does not mean at Amazon can act this way.

    Posted in: Japanese publishers blast new Amazon book sale rules

  • 0

    Kronos

    USD 2 billion is overkill as compared to the sales of other franchises in NBA (Bucks USD 550M, Kings USD 534M, etc...) Even if the Clippers are a better franchise, it is difficult to recover this investment. Ballmer was not a good CEO in Microsoft. This offer proves this fact over again.

    Posted in: Former Microsoft CEO Ballmer to buy Clippers

  • 12

    Kronos

    Language barrier is huge problem. In Hong Kong and Singapore, it is easier to do business in English. And note that he mentions "intelligent", by which I assume, he is only talking about qualified candidates.

    Japan had demographics issue, which you cannot fix by deregulation. I would also argue that Japan is already an important financial center.

    He can try, I guess. Got nothing to lose...

    Posted in: Tokyo governor unveils plan to lure foreign business talent

  • -12

    Kronos

    Pot, please meet kettle.

    After the NSA fiasco, the allegations are a bit ironic.

    Posted in: U.S. files first charges on hacking, infuriating China

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