Top 4 Reasons why I feel Technology Companies are going to slow down and look at other avenues for growth…

• Rising wages prompt firm to pull out of India
• Indian Software Jobs Outsourced
• Rising Rupee Hits Software Industry
• Wages are at all time high

Hat tip: Jim Stroud

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Tags: Money, News, Talent Management

Three months ago, Mr. Carlos Slim slipped past the billionaire investor, Mr. Buffett to become the second richest man in the world and now has also managed to squek past Mr. Bill Gates of Microsoft, to attain the world’s richest man title.

• Now, however, there is no doubt that the little-known Mexican has finally captured the coveted top slot, following a surge in America Movil’s shares over the second quarter. This is estimated to have boosted his fortune to an estimated $67.8bn (£33.6bn) - equivalent to 8% of Mexico’s gross domestic product - compared with $59.2bn for the Microsoft mogul, putting him in the lead by a decisive $8.6bn.

Source: Guardian UK 

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Tags: General, Money, News