Subject: Share the View: IBM's Mistake and Uber's Power
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Thu, 23 Oct 2014 03:04:45 -0600

Share The View
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The Latest Opinions From Bloomberg View

October 23, 2014

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TEch 

The Editors: What went wrong at IBM? "One clue is that over the past few years, IBM has become better known for financial engineering than for the technological kind." 
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Katie Benner: "Cloud computing is one of the most important technological trends of the last decade and it's a business that IBM should be trying to dominate." 
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Companies 

Mohamed A. El-Erian: "The more I use Uber, the more I am convinced of the transformational power of recent technology innovations, especially when it is intelligently combined with behavioral science and economic principles. Indeed, it is only a matter of time until this potent mix disrupts an increasing number of industries, including certain segments of finance." 
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Cars 

Edward Niedermeyer: "In a letter explaining his decision to sign a law banning Tesla's direct-sales model from his state, Michigan Governor Rick Snyder made it clear that he has nothing against the California-based electric-vehicle maker. ... Snyder is stuck in some swirling political tides, with little to gain from taking either side of the debate over the future of auto retail." 
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Asia 

James Gibney: "In what passes for a charm offensive, North Korea just released one of three Americans it has been holding prisoner. ... Before the U.S. responds, it should reflect on the failure of two decades of diplomacy toward North Korea." 
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Health-Care Reform 

Ramesh Ponnuru: Democratic Senators Mark Warner and Mark Begich deserve credit for advancing specific legislation to change the Affordable Care Act. "The main change they're advocating, though, is unlikely to make people any happier with the law -- and could cause new problems." 
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Real Estate 

Jonathan J. Miller: "Don't be fooled by low mortgage rates, which once again are below 4 percent: Credit for buying a home or refinancing an existing mortgage has almost never been tougher to get." 
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Transportation 

Megan McArdle: "It's hard to see how to develop the Northeast Corridor without building more mass transit. ... But what kind of rail?" 
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Investing 

Barry Ritholtz Chart: Don't let past returns fool you: 
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Senate Battleground 

Margaret Carlson: Sarah Palin's star has faded, "but the candidates she has backed have more often been winners than losers." 
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Sports 

David Kahn: "The National Basketball League season doesn't start until next week, but many feel it's too long a slog." 
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