General

I’m Cool!

Jeanne was wearing her sunglasses and I asked her “Are you cool?” She said “Yes!” without hesitation. Then she continued “Daddy’s cool, also.” Hear that? I’m cool because my baby says so and nobody can tell me otherwise.

Steve Jobs

Finished reading Steve Jobs, the official biography by Walter Isaacson, over the long weekend. The biography is very personal with Jobs himself confiding directly to Isaacson his opinions, his thoughts, his motivations, his aspirations. This is further supported by close friends and business associates, even rivals and enemies. Of course, given Job’s intense privacy, you still feel you’re not getting everything. But I guess this is as close as you can get.

Even better, this book is not just about Steve Jobs. Because they’re closely intertwined, it is also about the companies he founded, Apple, NeXT, and Pixar. Creativity and innovation are Job’s hallmarks and it provides a glimpse of the creative and innovative processes in those companies. One thing you note is that in these companies, it’s not just Jobs coming up with ideas. A lot, including many that he initially rejected, also came from his colleagues. A definite read not just for fans and admirers of Jobs but also for any student of business.

PLDT DigiTel Purchase

After long months, the purchase of DigiTel by PLDT was finally approved by the National Telecommunications Council (NTC). Of course there still are opposers particularly a congressman who cited Section 15 of Digitel’s franchise (Republic Act No. 7678), granted in 1994, which says that Digitel:

“…shall not lease, transfer, grant the usufruct of, sell nor assign this franchise or the rights and privileges acquired thereunder to any person, firm, company, corporation or other commercial or legal entity, nor merge with any other corporation or entity without the prior approval of the Congress of the Philippines.”

Okay, that’s fine since PLDT is buying DigiTel and not its franchise directly. But then it goes on:

“Neither shall the controlling interest of the grantee be transferred, whether as a whole or in parts and whether simultaneously or contemporaneously, to any such person, firm, company, corporation or entity without the prior approval of the Congress of the Philippines.”

This is interesting since it effectively means it is illegal to buy even a single part or share of DigiTel without prior approval from congress. So if you bought a share of DGTL you’re a lawbreaker. Nice.