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Mr Balsam quits his job and had a strange way to make $1 Million, by fighting and suing SPAM. He is making millions by doing it. It began when he received breast enlargement SPAM email, and he that’s when he’s gone mad and the “breast enlargement” SPAM pop up an idea in his head.

Here’s the news quoted from Straits Times:

SAN FRANCISCO – DANIEL Balsam hates spam. Enraged, he launched a Web site called Danhatesspam.com, quit a career in marketing to go to law school, and is making a decent living suing companies who flood his e-mail inboxes with offers of cheap drugs, free sex and unbelievable vacations.

From San Francisco Superior Court small claims court to the 9th US Circuit Court of Appeals, Mr Balsam, based in San Francisco, has filed many lawsuits, including dozens before he graduated law school in 2008, against e-mail marketers he says violate anti-spamming laws.

His many victories are mere rain drops in the ocean considering that Cisco Systems Inc estimates that there are 200 billion spam messages circulating a day, accounting for 90 per cent of all e-mail. read the complete here

Does anyone actually buy something from SPAM email? At least it’s not me and my gmail does great job on that unsolicited bulk e-mail, maybe one or two passed to my inbox and sometimes legit emails got in the junk folder.

To fight SPAM don’t buy from them, don’t click, don’t visit their website, and don’t respond or sue them to make millions just like Balsam does.

Beatles sold more than 450,000 albums and more than two million songs in one week since they played music in iTunes, Apple.

As Billboard statement on Tuesday, best-selling album in the United States was “Abbey Road” and best-selling song was “Here Come the Sun“.

“Here Comes the Sun” ranks number 54 in list of 100 best-selling iTunes singles chart on Tuesday, followed by “Let It Be” at number 60, “In My Life” at number 74, “Come Together” at number 90 and “Blackbird “at number 97.

“Abbey Road” is at number 17 in the list of 50 best-selling albums on iTunes, followed by the “White Album” at number 25 and “Sgt. Peppe` s Lonely Hearts Club Band “at number 27.

“The Beatles 1967-1970″ is at number 30 and followed by “The Beatles 1962-1966″ at number 40, the album is worth 149 U.S. dollars that puts the “Beatles Box Set” at number 42 and “Rubber Soul” at number 43.

ITunes, Apple, start selling Beatles music on 16 November, after years of tortuous negotiations between Apple Corps, the Beatles’ company, EMI Group, their record label, and Apple, maker of Macintosh computers, iPods, iPhone and iPad.

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For Cisco Stock, ‘Air Pockets’ Trigger Historic Fall

SAN FRANCISCO (MarketWatch)–Cisco Systems Inc. (CSCO) Chief John Chambers blamed “air pockets” in the market for the company’s weaker-than-expected outlook, suggesting the setback was very temporary.

But the unexpected, and unusual, miss for the tech bellwether–which Chambers attributed partly to weak public sector demand–was so surprising for Wall Street that Cisco’s took its biggest one-day drop in 16 years.

Cisco shares were down 16.2% to close at $20.52 Thursday, the steepest decline since July 1994, according to data from FactSet Research. News by Wall Street

From the Business week
Nov. 11 (Bloomberg) — Disappointing sales and profit forecasts from Cisco Systems Inc. show cutbacks in government spending that pose risks for companies that rely on the sector for growth.

Governments in Europe, Japan and some U.S. states reduced orders as their budgets came under pressure, said John Chambers, chief executive officer of the world’s largest computer networking-equipment maker. State government orders fell 48 percent in the last quarter from the previous period, he said.

Shares slip as Cisco weighs on US stocks

Australian shares are have opened lower after Wall Street fell on a weak outlook from technology giant Cisco.

In early trade, the benchmark S&P/ASX200 index fell 18.4 points, or 0.4 per cent, to 4710.2 and the All Ordinaries dropped 16.1 points, or 0.3 per cent, to 4794.2.

The dollar fell below parity overnight, as growing worries over euro-zone debt strengthened the US dollar. The Aussie was recently trading at 99.77 US cents. News by Sidney Morning Herald

Existing US home sales off 27% in July, worse in Midwest. A bigger-than-expected drop in July home sales renewed fears Tuesday that the US economic recovery is stumbling and could be heading for a fall. Sales of previously occupied homes in the United States fell 27 percent in July.

Economists were divided about whether the larger fall-off was temporary or would drag on for many months. “It’s an echo of the ‘cash for clunkers’ program for car sales,” said Dana Johnson, chief economist for Comerica Bank. “People rush in to take advantage of a short-term opportunity provided by the government. Then the opportunity goes away and sales crash for a while.”

Diving home sales stoke new worries about economic recovery. U.S. sales fall for the third consecutive month to the lowest rate since 1999, pushing down stocks and fueling fears of a ‘double dip’ in the housing market.

“You are seeing the sales drop off a cliff again, and that is really starting to scare people,” C.J. Jones, head of institutional trading at Nollenberger Capital Markets, said Tuesday. “Are we going to have a double dip? Nobody knows.”

Biggest U.S. home sales plunge in decades. Sales fell twice as much as forecast, dropping to 3.83 million on an annualized basis, the National Association of Realtors said. The median forecast of economists was 4.65 million, according to a Bloomberg news survey.

“This is a devastating reading on the U.S. housing market,” said Derek Holt, an economist at Scotia Capital Inc. in Toronto. “There’s such an inventory overhang, it shows there will be pressure on prices” in the months ahead.

AP By AP Hewlett-Packard Co. is trying to outbid Dell Inc. to buy the data storage provider 3Par Inc. Here are some details on 3Par: A: 3Par makes and sells “storage utilities,” or groups of specialized computers designed to store data that are … (A Few Questions and Answers About 3Par’s Business) Hewlett-Packard said Monday it has submitted a bid to acquire 3PAR for $24 in cash, for a total of $1.6 billion. The bid is a 33% premium above the $18 per share Dell offered last week. Shares of 3PAR are higher by 42%. From the Hawlett-Packard co headline news.

HP Is So Subpar It Overpays for 3PAR – Today’s Outrage – If HP(HPQ) is trying to show that it’s not on auto pilot under an interim CEO, then the decision to battle Dell (DELL) for 3PAR(PAR) is an expensive way to do it. … Hewlett-Packard this morning said it has submited a $1.6 billion bid to buy 3Par, just a week after Dell had agreed to buy the virtualized storage maker for $1.15 billion from HP bids $1.6 billion for 3Par.