Content is supposed to be king. But in the world of electronic devices, Apple seems to be placing the crown on its own head, apparently believing that its iPad and iPhone are more important to customers than the books, movies, and music they store on them.
When authorities in Egypt shut down Internet connections during last week’s uprising, hackers around the world started scrambling to create a work-around. Before they could succeed, the blackout was lifted. But now people are worried that similar shutdowns might occur in countries like Jordan, Syria, and Yemen—and so hackers are working to set up alternative networks in those countries, just in case.
With the Internet down across Egypt, Google and Twitter have come up with a way for Egyptians to tweet using their phones. Now, Dan Lyons reports, a group of hackers is close to delivering software that could turn laptops into low-cost Internet routers—and help protesters organize.
An ugly fight over money is threatening the future of Bono’s Silicon Valley private-equity firm, Elevation Partners. After several rough years, a key founding partner, Marc Bodnick, is bailing out and fighting with Elevation’s leader, Roger McNamee, over his share of the firm’s profits, according to a person close to the company. The feud, which has been simmering in private, is now erupting into a nasty public battle.
Apple CEO Steve Jobs has gone on a medical leave. With luck this will be temporary, like his last medical leave, in 2009, when Jobs, a survivor of pancreatic cancer, received a liver transplant. But what if he doesn’t come back? Ever since the previous time, people have wondered if the company could carry on without him.
With the Apple founder taking a new medical leave, his alter ego says he’s retiring 'Fake Steve Jobs.'
With Apple CEO Steve Jobs back on medical leave—an indefinite one, unlike his last break—the company’s investors, $300 billion worth of them, are forced to envision a post-Jobs Apple. And they didn’t like the thought: shares fell as much as 10 percent before rebounding in overseas trading Monday.
The new year brings some radical new experiments in online media. First up is The Daily, a publication created by Rupert Murdoch’s News Corp. that’s set to launch this month. You won’t be able to read The Daily on a plain old Web browser. It will exist only as an app on the iPad (and, presumably, later on other tablets as well)—and you’ll have to pay $1 a week for a subscription.
Roughly 95 percent of the world’s consumers live outside the United States, yet small merchants in the U.S. don’t pay enough attention to them. That’s the conclusion of a study conducted by PayPal, which looked at transaction data in 11 countries during the first half of 2010 to find out how much cross-border commerce is taking place on its network.
Coupons?! Who’d have thought?
What happened to the Netroots? That’s what I’ve been wondering ever since the Republicans routed the Democrats last week. Two years ago, a lot of people—myself included—really believed that all those online activists who helped elect Barack Obama were going to stick around and support him as he pushed through a sweeping list of progressive measures.
The really interesting thing about "The Social Network" is that while much of the tale is invented, the story tells a larger truth about Silicon Valley’s get-rich-quick culture and the kind of people—like Facebook’s 26-year-old founder and CEO, Mark Zuckerberg—who thrive in this environment.