Carlos Slim, America Movil's (AMX) largest shareholder, became the world's richest man in part from his investments in wireless phone service. His empire spans 18 countries and has 200 million subscribers.

Let's look at America Movil's spectacular growth. The company's markets are primarily in Latin America. American Movil controls 74% of wireless service in Mexico under its Telcel brand, which has 60 million subscribers. Brazil is second with 45 million subscribers. It also is the largest provider in the Caribbean with four million users.

The Wall Street Journal posted oil production numbers for March that disclose the shortfall from the Libyan conflict. When the news hit the tape, Brent Crude exploded to the upside trading at $120.17 per barrel, up $1.47 (12:45 EDT.)

Here are the stats:

• OPEC production fell 411,000 barrels per day to 29,343 million bpd.
• Libya's production fell 343,000 barrels per day, from 1,396,000 bpd.
• Nigeria fell 107,000 barrels per day due to Royal Dutch (RDS) Oil maintenance.

To make up for the shortfall, Saudi Arabia increased production by 500,000 barrels per day to 9.05 million bpd. Kuwait upped production by 37,000 barrels per day. Arab Emirates increased their production by 90,000 barrels per day.

Here's the real kicker. OPEC's seaborne exports are expected to fall by 530,000 barrels per day in the next four weeks.

If we look back to the days of the search engine revolution, Google (GOOG) built not only the most powerful search engine, but a business model based on that search engine that has made the company No. 1 in that category.

The company is on the move again -- and Google's Android is leading the way. Google sees the next leg of the Internet revolution in the smart phone, tablet and e-reader market -- and there's already a fierce battle raging. Google's Android is making inroads into the iPhone turf. How deep is the penetration? Singapore research firm Canalys said, "Google shipped twice as many devices as Apple's iPhone. in the fourth quarter," capturing 33% of shipments, up from 8.7% a year ago.

The chip competition for the iPhone and iTablet is incredibly fierce. A little company called Nvidia's (NVDA) design won so far with its Tegra 2. Its shares are up almost 50% since December. Texas Instruments (TXN) is also a player in tablet chip market with its OMAP5 processor.

Now, Qualcomm QCOM) is joining the fray with its new APQ 8060 dual core Snapdragon processor. It allows for high definition and 3D video. Hewlett Packard is using it in its new "Touch Pad."

The University Southern California (USC) had such a good recruiting season under super coach Pete Carrol that one of their star running backs transferred out because he thought he would not get enough playing time, and they have been favored since the end of last season. USC is no longer undefeated --- UGH! Yesterday they were upset by unranked, 40.5 point underdog, Stanford University -- AT HOME -- double UGH!! This ended a 35 game home winning streak and a 24 game Pac-10 conference streak.

Last week against Washington University they pulled out a squeaker after committing 16 penalties -- read that as "freshman mistakes," although not all caused by freshman. Those of us delusional alumni rationalizing the close game bantered about how good a team you would have to be to win a game where you had to overcome 16 penalties. Now USC loses to Stanford (my father-in-law's Alma mater) at home after supposedly spending all week at practice refocusing. Not that all freshman are bad, Stanford's freshman quarterback Tavita Pritchard, in his first start played the game of his life.

So why is this relevant to business:

• Trying to guess what something is worth and predicting the future, like point spreads and rankings, is hard without the advantage of a track record.
• Attempting to manage an organization that is constantly changing by throwing together a lot of new people from different places (or enterprises) can create havoc, integration problems and lack of efficiency.
• An abundance of talent and potential can be a detriment if it does not perform as a cohesive unit. Teams win, not individuals, and in USC's case all the individual talent in the world does not seem to be meshing.

Now compare this to the exclusive club of senior (Christian Coalition) republicans that met this week to discuss their displeasure with their presidential candidates. They are so unhappy with their choices because none of the candidates are pounding the pro-life/anti-abortion drum, or the family values drum, or the school voucher drum, or several other drums, that they are actually making noise about opting for a third party. This would a freshman mistake of the highest order!