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Silicon Valley Debates Thiel's Money Man Role in Gawker Suit
May 31, 2016
The digital media world was abuzz last week when news surfaced that billionaire Peter Thiel had provided financial backing for a defamation lawsuit against Gawker Media. The suit stemmed from Gawker's publication of a sex tape involving ex-WWE superstar Terry Bollea, better known as "Hulk Hogan." A Florida jury awarded Bollea $140 million in March.
Zuckerberg Aims to Smooth Conservatives' Ruffled Feathers
May 18, 2016
Facebook CEO Mark Zuckerberg invited a group of 15 media executives and right-leaning pundits, including talk show host Glenn Beck, to meet with him Wednesday to discuss accusations that the social media network biased it's trending news topics to omit conservative viewpoints. In addition to Beck, Zuckerberg extended invitations to Arthur Brooks, president of the AEI; Dana Perino, Fox News co-host; and others.
The Interesting Dell + EMC Stories You Haven't Heard
May 9, 2016
I spent last week at EMC World talking to customers and both Dell and EMC employees, on the lookout for interesting stories that others hadn't picked up. I got a bunch that I think are fascinating -- stories about women in technology, billions of dollars of currently untapped revenue, and why every EMC and Dell sales rep effectively will have a dartboard with Meg Whitman's picture on it.
Confusion Reigns Over Wright's 'I Am Satoshi' Claim
May 2, 2016
Five months after being outed -- and subsequently investigated by police and tax authorities -- Craig Steven Wright on Monday stepped forward to claim that he really is the cofounder of bitcoin who operated in secret for years under the name "Satoshi Nakamoto." Wright unveiled himself by penning a lengthy blog post and giving a series of extensive interviews.
Under the Shadow of Steve Jobs: Why Trump May Be Unbeatable
May 2, 2016
One of the frustrating things for me during Steve Jobs' time was that most of the folks who watched Apple go from nearly dead to the most valuable company in the world didn't seem to see anything really unusual. It was more like they were watching a great tennis player and seemingly concluding, "damn, what luck!" However, it requires a particular set of skills to do what Jobs did.
New Facebook Stock Class to Keep Zuckerberg in Driver's Seat
April 29, 2016
Facebook on Wednesday announced its board of directors is proposing a new class of shares that will allow its founder to pursue a number of different initiatives while maintaining long-term control over the company. The news came on the heels of a blockbuster first quarter earnings report. The plan calls for Facebook to offer non-voting Class C capital stock, which will allow CEO Mark Zuckerberg to pursue his long-term vision.
A Dramatic 16 Years for 4 Tech Titans
March 28, 2016
Following Apple's latest announcements, I noticed a number of reports on how disappointed customers were that there was nothing they wanted to wait in line for hours to buy. I personally thought they should have been excited about that, because I hate to stand in lines. I've never really figured out an Apple fanatic's penchant for pain. Still, it is very clear that today's Apple is very different.
Foursquare Shifts Gears
January 16, 2016
Foursquare cofounder Dennis Crowley has assumed a new executive role, and the company has raised $45 million in a new round of funding led by Union Square Ventures. Crowley has moved from his perch as CEO into the newly created position of executive chairman, which will let him focus on developing new products. Jeff Glueck, who served as COO for the past year, has taken the CEO helm.
Zuckerberg Resolves to Invent, Encourages Girls to Invent Too
January 5, 2016
Facebook CEO Mark Zuckerberg's 2016 resolution to challenge himself outside his work is to build a simple artificial intelligence assistant to run his home and help him do a better job juggling his business responsibilities. "You can think of it kind of like Jarvis in 'Iron Man,'" he suggested. Zuckerberg first will explore the available technology, then train it to understand his voice to control everything in his home.
Musk and Friends Launch OpenAI
December 16, 2015
The aim of OpenAI is to use artificial intelligence to benefit society. The fledgling project has drawn $1 billion in funding from some of high tech's most recognizable names to help it achieve that goal. Investors include SpaceX CEO Elon Musk, LinkedIn cofounder Reid Hoffman, PayPal cofounder Peter Thiel, Y Combinator founding partner Jessica Livingston and President Sam Altman and AWS.
Zuckerberg Has Muslims' Backs
December 10, 2015
Facebook CEO Mark Zuckerberg on Wednesday posted a message of support to Muslims in the Facebook community and around the world. Zuckerberg's post stands in stark contrast to presidential candidate Donald Trump's verbal attacks on all Muslims, including his call earlier this week to ban them from entering the United States. Supporters cheered when Trump suggested the ban at a rally.
Aussie Cops Raid Home of Elusive Suspected Bitcoin Inventor
December 10, 2015
Australian police on Wednesday raided the home of a shadowy figure who just hours earlier had been outed as one of the original founders of bitcoin digital currency in two separate media reports. Identified in multiple media reports, Australian entrepreneur Craig Steven Wright was said to be the man who created the controversial bitcoin cryptocurrency.
Yahoo Spins in Reverse
December 9, 2015
Yahoo on Wednesday announced that its board of directors decided to suspend plans to spin off its Alibaba holdings and instead will undertake a reverse spinoff, transferring its other assets and liabilities to a newly formed company. The stock of the newly formed company will be distributed pro rata to Yahoo shareholders, resulting in two separate publicly traded companies.
Zuckerberg and Chan Pledge Billions to Charity in Love Letter to Baby
December 2, 2015
Facebook CEO Mark Zuckerberg and wife Priscilla Chan posted an open letter to their baby daughter, Max, explaining why they plan to give away 99 percent of their Facebook shares -- worth about $45 billion currently -- to philanthropic causes. The couple intend to make the donations gradually over the course of their lives. Zuckerberg and Chan seek to advance human potential and promote equality.
Tech Titans Launch Breakthrough Energy Coalition
December 2, 2015
High-tech honchos and venture capitalists from around the world -- and one university -- on Monday officially announced their participation in the Breakthrough Energy Coalition, a new fund to support companies doing clean energy research. The coalition will invest in electricity generation and storage, transportation, industrial and agricultural energy use, and energy system efficiency.
Diane Greene to Lead Google Into Cloud Business Fray
November 20, 2015
Google CEO Sundar Pichai has announced the appointment of Diane Greene, cofounder of VMWare and current Google board member, to lead its cloud business. Google will acquire Bebop, another firm founded by Greene. Bebop is a new development platform that makes it easy to build and maintain enterprise applications. Bebop's team will help Google provide integrated cloud products at every level.
Could Musk Be Tim Cook's Proxy for Jobs?
October 19, 2015
Elon Musk must have been channeling ex-Microsoft CEO Steve Ballmer last week, when he commented to the German Press that Apple wasn't poaching Tesla's good employees, it was getting folks who couldn't cut it at Tesla. That undoubtedly is true of some of the employees who have moved between both firms, but it's very unlikely that it is true of all of those employees.
Half a Dorsey May Mean Trouble for IPO-Bound Square
October 15, 2015
Square on Wednesday announced that it had registered with the Securities and Exchange Commission for its long-expected initial public offering. A startup that specializes in electronic payments, Square has been operating in the red. It plans to raise up to $275 million in its IPO, it disclosed in its SEC filing. However, market conditions currently are not considered very favorable for IPOs.
Twitter Slashes Workforce as Dorsey Aims to Restore Confidence
October 14, 2015
Investors cheered after Twitter CEO Jack Dorsey's announcement to cut up to 336 jobs, or 8 percent of the global workforce, as part of an effort to strengthen long-term growth. Dorsey, the company cofounder who last week reclaimed his former position as chief executive, announced the painful round of cuts in a memo to employees, emphasizing plans to monetize the company's core product offerings.
Common Bonds: Jobs, Torvalds and Bad Behavior
October 12, 2015
I can understand Linux in the 1990s. It was backed largely by folks who didn't do well with others. The fights between the Linux and BSD folks were both legendary and juvenile, and Linux's existence seemed defined entirely by the revolt against Microsoft. Now, though, the platform is mainstream, and there's a huge effort by some of its corporate supporters to bring more women into technology.
Musk Draws Barbs for Mean-Spirited Dig at Apple
October 9, 2015
Tesla Motors CEO Elon Musk's recent comments to a German newspaper -- suggesting that Apple is the "Tesla graveyard" due to its hiring of fired Tesla employees -- has struck some nerves in the U.S. Musk dismissed claims that Apple had poached staff, telling the paper that those who couldn't cut it at Tesla would go to work for Apple instead -- and he added that he wasn't kidding.
Can Jack Dorsey Save Twitter?
October 5, 2015
Twitter cofounder Jack Dorsey, who has been running the company as interim CEO for the past three months, has taken the reins for good, the company revealed in a document filed with the SEC. Former CEO Dick Costolo has left Twitter's board of directors, and Adam Bain has stepped into the chief operating officer role. Dorsey will continue to lead Square, the mobile POS company he founded, as well.
Benioff Flees Facebook in Search of Peace
October 2, 2015
Salesforce CEO Marc Benioff has quit Facebook and shut down his account, sparking speculation as to his motives. Is Salesforce at odds with Facebook? Is Facebook COO Sheryl Sandberg no longer Benioff's BFF? Is Salesforce planning something with Twitter? "I'm on a FB pause," Benioff posted on Robert Scoble's Twitter account, in response to his query. "It was too overwhelming to keep up to date."
Microsoft and Google End Hostilities, Partner Up
October 2, 2015
There's strong, scientifically verifiable evidence indicating Microsoft's move to join the rest of the tech world in open source and collaboration was propelled by a compelling force: the Nadella effect. Since taking the company's helm, CEO Satya Nadella's message has been one of collaboration, and meeting consumers on their terms. For example, Microsoft pushed Office 365 to all major platforms.
T-Mobile's Legere Channels Robin Hood Again
August 31, 2015
CEO John Legere has publicly declared war on data hogs who threaten to ruin T-Mobile for regular consumers. "This week I am taking aim at a select group of individuals who have actually been stealing data from T-Mobile," he wrote. "If their activities are left unchecked, their actions could eventually have a negative effect on the experience of honest T-Mobile customers. Not on my watch."
Bezos Rebuffs Expose of Amazon's Cold-Blooded Culture
August 17, 2015
CEO Jeff Bezo on Sunday refuted contentions that Amazon has a draconian workplace culture. "The NYT article prominently features anecdotes describing shockingly callous management practices, including people being treated without empathy while enduring family tragedies and serious health problems," Bezos wrote in an email sent to Amazon employees following the article's publication.
Stephen Hawking Kicks Off $100M Hunt for Alien Intelligence
July 24, 2015
Space fever seems to be catching on. Stephen Hawking and a group of other high-profile space scientists joined with Russian billionaire Yuri Milner this week to announce a new $100 million effort to search for intelligent alien life. The funding will go to the Breakthrough Initiatives' Breakthrough Listen program. Breakthrough Initiatives is a 10-year multidisciplinary effort.
Nintendo CEO Satoru Iwata Leaves Legacy of Charm
July 14, 2015
After more than a decade of shaping fan-forward Nintendo philosophies, President Satoru Iwata died Saturday at 55. Iwata had been struggling with cancer for about a year. The one-time programmer and long-time video game enthusiast worked his way through the Nintendo ranks. He succeeded Hiroshi Yamauchi in 2002, becoming the first Nintendo president who wasn't a member of the Yamauchi family.
Musk Donates $10 Million to Keep AI From Going Rogue
July 6, 2015
The Future of Life Institute on Monday announced 37 winners of grant funding provided by Elon Musk and the Open Philanthropy Project. Musk contributed $10 million toward the effort. A total of $7 million will be awarded to fund the research teams for up to three years, most starting in September. Another $4 million is available to support research grants for areas that emerge as most promising.
Microsoft Is Looking More Like the House Nadella Built
June 30, 2015
Some aspects of CEO Satya Nadella's vision for Microsoft are becoming more clear. For one thing, the company's interest in advertising is seriously on the wane. Microsoft reportedly has handed off most of its digital advertising sales business to AOL. Microsoft will retain control of its search advertising sales, however, and Bing will replace Google as the engine powering AOL's consumer searches.
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