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The Main Reasons Googlers Leave The Best Place In The World To Work (GOOG) Google is considered one of the most fun places to work. You have great perks, a ridiculous computer setup and are one of the most valued employees in the world. So why would you leave? We've talked to a bunch of former Google employees. Here are some of their top reasons for leaving: If you aren't an engineer, get ready to be below everyone else. At most companies, it's the product manager that's more valuable than the engineer. At Google, engineers get the final say in just about everything. ...
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AMAZING: Learn How To Build A Self-Driving Car In 7 Weeks (GOOG) Sebastian Thrun is the genius behind Google's self-driving car and he wants to teach you how to build your own self-driving car in 7 weeks. Thrun ran Stanford University's autonomous driving program, but left Stanford earlier this year to start an online education startup called Udacity. One of the first courses offered on Udacity is Programming a Robotic Car. In the video below, Thrun teases out his plans for the class: "I'd like you to program all the basic algorithms for a basic self-dri...
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GrubHub's CEO On The Shock Of Outgrowing Three Offices In A Few Short Years When GrubHub started, it was just a pair of hungry guys with an idea. Now the website (and mobile app), which allows users to find delivery and takeout restaurants nearby and order the food online, is a multi-million dollar company. Back in 2004, Matt Maloney and Mike Evans were both working as developers at Apartments.com, a site that helps you find apartments and condos to rent. The job required a lot of late nights at the office. "We were hungry, and sick of ordering the same pizza all t...
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Those 'Facebook For The Workplace' Tools Are Garbage, Says This CEO (RHT) "Everyone's talking about the importance of engaging employees, and the Facebook generation and collaboration tools. All of that is garbage … collaboration is a culture. It's not a set of tools," insists Red Hat CEO Jim Whitehurst. Executives at other companies might tell human resources to go out and buy collaboration tools, but unless the company has the structure in place to let employees honestly talk to each other and the bosses, the tools won't help. That may not be what companies l...
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Hey, Entrepreneurs, Check Out All The Wacky Names Thomas Edison Thought Of For His 'Phonograph' Hey, entrepreneurs and inventors, can't figure out what to call that cool new thing you made? Not sure what it might be used for? No worries. You're in good company. Courtesy of Shaun Usher at Lists Of Note, who transcribed Thomas Edison's original brainstorm notes (see them here), here's a list of some of the names Edison and his colleagues thought of when they were trying to name what they eventually called the "phonograph". Many of the names are derived from Latin or Greek roots. Edison's not...
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Bill Gates Makes Progress On Reinvented Toilets Toilets are a waste. They are also simply out of reach for 2.6 billion people in developing nations, says the United Nations Children's Fund (UNICEF). That's how folks who use no-tech alternatives like buckets or holes in the ground. Such lack of sanitation leads to typhoid, cholera, dysentery, and other diseases. So last summer the Bill and Melinda Gates Foundation spread $3 million in grants among eight research teams in North America, Asia, Africa and Europe, reports the Scientific Ameri...
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Summit Series, The Exclusive Retreat For Big Shots, Is Trying To Raise Money To Buy A Mountain Summit Series, the exclusive retreat for entrepreneurs, innovators, and all around big-shots, is raising a big pile of money to buy a mountain, according to multiple sources. Yes, read that again. It wants to buy a mountain. Specifically, it has its eye on Powder Mountain in Utah. A source passed along this pitch from Summit Series: I wanted to reach out to let you know about our next exciting project. We would love to get you in the game. It is completely private information at this point (so p...
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This 24-Year-Old Founder Wants To Keep A Billion More Cars Off The Road During the summer of 2009 at the Singularity University, Google co-founder Larry Page challenged a class of 40 students to pick an idea that could impact one billion people. One of the program's students, Jessica Scorpio, thought if she could get enough people to share their cars with neighbors, she could reach one billion people around the world. For it to work, Scorpio would need more than a business plan. People would have to start thinking differently, and they would have to value access to ...
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Another Reason Why It's Great To Be Marc Benioff: Hanging Out With The President (CRM) Marc Benioff is the only tech CEO to be named among a list of 35 national "co-chairs" for President Obama's re-election campaign. The President's campaign released the list today and in addition to Benioff, it includes plenty of the people you would expect, like prominent Democrat politicians (Rahm Emanuel, Deval Patrick) and big names in the party (Caroline Kennedy). Mixed in are some surprises including actress Eva Longoria and some unknown regular people types. The duty of the national co-cha...
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THE APPLE INVESTOR: Apple Sold More iOS Devices In 2011 Than All The Macs Sold Ever (AAPL) The Apple Investor is a daily report from SAI. Sign up here to receive it by email. AAPL Down With Markets Markets are wavering in early trading as the Euro crisis continues on. Shares of AAPL down with the rest of tech. Investors continue to be focused on iPhone adoption; update to the iPad; market share growth of the Mac business; further penetration in China and emerging markets; the evolution and potential re-conception of Apple TV; and platforms such as Siri, iAd, ...
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Microsoft Ups Its Legal War Against Google With A New Attack (MSFT, GOOG) The battle between Google and Microsoft used to be a back room affair. In the last year, it's turned into an very ugly and public war of words. Now, Microsoft is upping its legal war against Google as well. This isn't the first time Microsoft has used the law to fight Google. Microsoft seeks license fees from Android resellers and is willing to sue those who don't comply. Last March, Microsoft added its name to an antitrust complaint against Google that had already been filed by other, sma...
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Mitt Romney's Wife Has Joined Pinterest Someday, we may all look back on February 21, 2012, as the day that Pinterest became a player in the political realm, a technological turning point on the order of Richard Nixon's disastrous televised debate against John F. Kennedy. Well, maybe not. But the site is having a red-state red-letter day. Today, Ann Romney, wife of presidential contender Mitt, joined Pinterest. That came just hours after liberal blog ThinkProgress debuted an attack Pinterest of sorts, taking mudslinging...
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Management Tips From Red Hat's Crazy Culture Every Company Should Steal (RHT) As the world's first and only billion-dollar fully open source company, Red Hat has a unique corporate culture. The employees collectively have more power than any one person, even the CEO. No one is more aware of this than Red Hat CEO Jim Whitehurst. He calls it a "meritocracy" meaning leaders arise based on their brains, not their spot on an org chart. Whitehurst took the CEO job in 2007 after being COO of Delta Airlines, a cultural shock if ever there was one. Like much of corporate America, ...
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10 Days After Launch, This Hot New App Has 1.2 Million Downloads Dan Porter spent the last three years trying to create viral games. He joined a social gaming company, OMGPOP, in 2008. OMGPOP created Facebook games; the games performed well enough, but engagement was not amazing. Now Porter and his company are dabbling in social mobile games and they're finding instant success. A game they launched 10 days ago, Draw Something, has been downloaded 1.2 million times and users are playing it multiple times per day. Draw Something is social pictionary for t...
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Guess How Long It Takes To Make An iPad (AAPL) You would think Foxconn makes iPads quickly, but according to ABC's big report on Foxconn, it takes 5 days and 325 sets of hands to make an iPad. For more on what it's like in the factory check this out → Please follow SAI on Twitter and Facebook.Join the conversation about this story »See Also:Microsoft's Chinese Factory Worker Conditions Are The Same As Apple'sWhat's It Really Like To Work At Foxconn? We're Going To Find Out Tomorrow Inspectors Have Already Found A Bunch Of Problem...
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A Former Google Designer Is Calling Some Of Its Recent Changes 'Bats**t Crazy' (GOOG) Kevin Fox, a former senior user experience design lead at Google, has a few problems with some of the company's recent design changes. He's nitpicking a little bit, to be sure, but given the sheer size and minimalist style of Google, these are the kinds of things that were probably heavily discussed in the company. Here are some of the things he said in a post on Google+: Chrome's new-tab button losing the plus? Doesn't feel right to me, but data could easily prove me wrong.Gmail's new flat conv...
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A Tour Of The Foxconn Factory Where Teenagers Are Making Your iPhone For $1.78 An Hour (AAPL) Apple and its manufacturing partner Foxconn opened their doors to ABC News so the world could get an inside look at the factory where iPhones and iPads are made. We've watched the report taken some screen shots and given you a condensed version of the report to flip through. It's somewhat disconcerting to realize the intricate gadgets we use are made by human hands. If you've ever tried to open up an iPhone, an iPad, or a laptop, it's hard to imagine putting it back together by hand. Yet, that's...
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8 Ideas Apple Should Steal From Sony To Make The iPhone A Killer Gaming Device (SNE) The Vita is an absolutely gorgeous device. And, in a lot of ways, it's a much better device than the iPhone and other smartphones. For playing games, at least. But Apple and other smartphone manufacturers can learn a lot from the Vita. Here are some ideas that those manufacturers and developers should steal if they want to make better apps and games.Use smart touch control schemes. Using a physical analog stick is easy. Using a virtual one on a touchscreen is not. But a lot of games — lik...
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The Tesla Roadster Can Become A $100,000 Brick Tesla has been riding a wave of positive press with the introduction of its new Model X as well as the announcement that they already have $40 million in preorders for the car. However, a very negative aspect of Tesla's original car, the Lotus-based Roadster, is just coming to light. According to The Understatement, if the battery of the Tesla Roadster becomes fully drained, the car effectively becomes a brick. It cannot even be rolled. Even more surprisingly, the only way to fix it is to have t...
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How To Get 60 Million Users Without Using Any Social Media Most viral online content relies heavily on social media to spread the word. Flash sale design site Fab, for example, reached 1 million users in five months thanks to a social sign up scheme. How did sites become popular before Twitter or Facebook existed? And how do you spread the word if your target demographic doesn't tweet? Michael Acton Smith is the founder of Moshi Monsters, a fast-growing site for kids that has 60 million users. Founded in England in 2008, it wasn't always easy for Smith'...
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Verizon's 4G Network Is Working Again After A Huge Outage This Morning (VZ) Verizon's 4G LTE network is experiencing outages across the U.S. A Verizon rep tells us the outages began around 6:30 a.m. Eastern today. The rep says the outage does not affect 3G voice or data. Verizon's official account just tweeted that it's looking into the issue. We don't have any Verizon 4G LTE devices on hand now to verify the reports, but 3G does appear to be working in New York City. This isn't the first time Verizon's 4G network has failed. In December, it went down three times. If yo...
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FRICTION AT AOL: Arianna Is A Huge 'Headache'… But Also The Most Valuable Person At AOL (AOL) A year after AOL acquired The Huffington Post for $350 million, sources say AOL CEO Tim Armstrong is getting frustrated with working with Arianna Huffington, who became President at AOL after the deal. So is Arianna on her way out? Is Tim? A source close to AOL and its chief concedes that Armstrong and others at the top of AOL sometimes find Huffington a "headache" to deal with, due mainly to her lack of "operating experience." But, says this source, Armstrong believes that...
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10 Things You Need To Know This Morning (AAPL, GOOG, RIMM) Good morning! Here's the news: Google's Terminator glasses will be ready for sale by the end of the year.Nightline aired a special on Apple's Foxconn factories last night -- here's what you missed.Foxconn allegedly hid underage employees for its most recent inspection.Someone is paying tribute to Steve Jobs with a special Facebook Timeline.Dell blows its earnings. Cost-cutting only works for so long.Kim Dotcom was just bailed out of jail.This Princeton dropout's startup got th...
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You Do Not Appreciate How Much Taxes On Rich People Are About To Go Up... There has been a lot of fighting about the possibility of raising taxes on the highest-earning Americans. There has also been frustration about how much President Obama's healthcare plan will eventually cost Americans, especially high-income Americans. And there have been fisticuffs over the expiration of the "Bush tax cuts," which have now been in force for so long that most people have forgotten what life was like before them (in part, a federal budget surplus). Until recently, however, these ...
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Someone Is Paying Tribute To Steve Jobs With A Special Facebook Timeline (AAPL) In a pretty novel implementation of the Facebook Timeline, someone has taken it upon himself to chart out the many notable moments in Steve Jobs' life, as shared by 9to5Mac. From his birth to his death and all the products launched, awards won, and companies started in between, take a look at the story of "Stevie Paul Jobs." Click here to see it for yourself > Please follow SAI on Twitter and Facebook.Join the conversation about this story »See Also:Facebook, It's Time To Face Facts: You...
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Foxconn Allegedly Hid Its Underage Workers Before Getting Inspected By The Fair Labor Association (AAPL) Apple manufacturing partner Foxconn allegedly had prior knowledge of an upcoming inspection by the Fair Labor Association and transferred its underage workers out of sight, reports Apple Insider. Debby Sze Wan Chan, a project officer at Students & Scholars Against Corporate Misbehavior, said she had heard from Foxconn employees that the factory was "ready for inspection." "All underage workers between 16-17 years old were not assigned any overtime work and some of them were even sent to...
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Google's Sunglasses Will Be Available By The End Of The Year (GOOG) We've previously reported on Google's so-called "Terminator" glasses -- they're a pet project being developed at Google's X laboratory, and will presumably place a computerized overlay on the real world. An exciting detail from the New York Times -- the sunglasses will be ready for sale by the end of 2012. Your Christmas stocking might contain more than you bargained for this year. DON'T MISS: Here's what Google's sunglasses will be able to do > Please follow SAI: Tools on Twitter and Fa...
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Your iPad (Still) Comes From The Hands Of Teenagers Living A Factory Life (AAPL) It was true in January and a month later it's still true: your iPad was built in part by teenagers working 12-hour days for under $2 an hour. So was your iPhone, and in all likelihood, your Xbox, your Windows phone and other devices from likes of Dell, Motorola, and Hewlett-Packard. On Tuesday, ABC's Nightline broadcast its tour of Foxconn, the Chinese contract manufacturer that reportedly builds 40 percent of the world's electronics. It accompanied Fair Labor Association inspectors on their fir...
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Dell Blows Earnings, Showing That Cost-Cutting Only Works For So Long Last summer, Business Insider's Joe Weisenthal made an astute observation about Dell's earnings: the company, like much of corporate America, was great at "squeezing water from a stone." In other words, it was able to increase profits -- and raise earnings expectations -- in the face of falling revenues. So much for that. Today, Dell reported Q4 earnings (its quarter ended Jan. 28, 2012) and the company missed on EPS for the first time in two and a half years. Non-GAAP EPS came in at $0.51 -- a ...
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Google's 'Terminator' Glasses Will Contain A Camera And Track Your Location (GOOG) Google's augmented reality eyeglasses are going to include a camera and information pulled from Google's location-based services, like Maps and Latitude. Nick Bilton at the New York Times uncovered some new information about the glasses, which were first reported by 9to5Google. The basic idea is that people will wear the glasses to see a computerized overlay on the world around them -- just like the Arnold Schwarzenegger character in The Terminator movies. Here's what's new, according to Bilton'...
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Heading To SXSW? Here's A Foodie's Guide To Austin The South by Southwest Music Conference and Festival (SXSW) kicks off March 9 and in between the tech panels, music performances and films, a festival-goer needs to grab a bit to eat. Zagat helped us break down the best food scenes in Austin during the festival. We give you the top choices for barbecue, food trucks, bars, and everything in between.BARBECUE: Louie Mueller 206 W. Second St. Food: 29 Decor: 16 Cost: $21 The cafeteria-style eatery actually closes when it runs out of food, but the...
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Here's A Socially Acceptable Way To Stalk People Around You Paul Davison built an iPhone app that knows if people in your social circle are near you. The app is called Highlight and it launched a few weeks ago. The app allows you to see photos of people around you and see who you know in common -- before you even talk to them. Highlight co-founder Davison said it gives you an easier way to start a conversation with a stranger. "In the real world, we walk around blind, not knowing anything about the people we walk by and that is the way it has...
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11 Google Job Titles You Won't Believe Actually Exist (GOOG) Google is an unconventional company. That extends to the company's official policy on job titles which can be summarized as: whatever you want to put on your business card is pretty much OK. As a result, some Google employees have come up with some pretty offbeat titles for themselves. But Google also offers a lot of amazing perks to keep employees happy and engaged, and a lot of these perks are provided by full time employees. So most of these titles are actual, real job descriptions. Check the...
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Microsoft Exec: If You Hate Microsoft, You Don't Really Know Us (MSFT) How do you convince a generation of people who have grown up thinking you are evil to change their minds and love you instead? That's the job of Microsoft's Tim O'Brien, general manager of Platform Strategy. He's out to convince a new generation of application programmers to come to Microsoft's cloud, Azure. It's been 11 years since Microsoft's Steve Ballmer called Linux a cancer. Since then, the company has taken two steps forward for every one step back in embracing open source generally, and ...
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Pirate King Kim Dotcom Was Just Released On Bail MegaUpload founder Kim Dotcom was just released on bail after new evidence cropped up, CNET says, citing media reports in New Zealand. The courts did not consider him to be a flight risk, according to the report. We disagree. Kim Dotcom sounds basically like a real-life James Bond villain, in addition to being a street-racer and playboy. When he was arrested, Dotcom was found sitting cross-legged with a loaded pistol-grip shotgun, three passports, a stack of fake credit cards and a bulletproof w...
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Here's How To Build An E-Commerce Juggernaut With the acquisition of Circle of Moms, Sugar Inc has solidified its status as a company focusing entirely on one audience: women 18 to 40 years old. Circle of Moms is a social network that facilitates discussion about issues of motherhood between its 6 million registered users. We spoke to CEO and co-founder Brian Sugar about the advantages of this narrow audience. He told us that, having firmly established the company in fashion and entertainment, the family category — particularly, moms...
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Princeton Dropout Relaunches His Startup And Attracts Twitter's Evan Williams and Betaworks' John Borthwick Josh Miller left Princeton before his senior year to start a group blogging site, Roundtable. He soft launched the site in September with cofounders Hursh Agrawal and Cemre Gungor out of Dogpatch Labs New York. Before long, bloggers MG Sigler and Dan Frommer were trying it out and swapping comments on Roundtable. Three group discussions yielded 10,000 uniques for Miller's site. Roundtable's early traction opened doors for Miller and his cofounders. Jonah Peretti, cofounder of of BuzzFeed and The...
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If You Want A Phone With A Keyboard, This Is Your Only Hope (MMI, VZ) Motorola's Droid 4 is just made its debut on Verizon. It's the fourth version of Motorola's original Droid, the phone that kicked off the Android revolution in 2009. Check out our hands-on video with the Droid 4 below:
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Apple Should Steal All These Awesome Ideas From The PlayStation Vita [REVIEW] (SNE, T) The PlayStation Vita will probably be the last handheld gaming console you will ever buy. It's the ultimate swan song for an industry that is already about to die. But rather than die with a whimper (Dreamcast, we're looking at you), it's going out with a cataclysmic beautiful explosive fireworks show. In terms of gameplay, the Vita crushes the Nintendo 3DS. And it crushes the iPhone and every other smartphone and tablet out there when it comes to gaming. And this is the last time we will ever s...
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9 Gadgets That Will Make Your iPad More Useful Than Ever (AAPL) The iPad on its own is an impressive device that has revolutionized the meaning of portable computing. However, if you're missing some of the capabilities and function of your laptop or computer don't worry. We put together a handy list of gadgets that'll let you experience the full power of your iPad.iPad CF and SD card readers are great for uploading your photos straight to your iPad Specs: Compatible with both generation iPads Works with all CF and SD cards up to 4GB Works with many 8GB car...
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The Truth About That Microsoft Office On The iPad Story (MSFT) Earlier today, The Daily reported that it had seen and used a "working prototype" Microsoft Office for the iPad, and that the app will soon be submitted to Apple for approval. But Microsoft is saying the whole story is bogus. A Microsoft spokesperson issued the following statement to us (and other news outlets): "The Daily's story is based on inaccurate rumors and speculation. The photo is not a real picture of a Microsoft software product." Here's our best guess at what's going on, based on how...
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Now Pinterest Is Defending Itself From Accusations Of Copyright Infringement In a post on its blog titled "Growing Up," Pinterest has defended itself from accusations that it is dependent on the use of material it doesn't own the copyright to. (We covered this issue in depth here.) The post cites the extreme growth of Pinterest recently, and covers a few points about how the service tries to respect copyright. "We work hard to follow the DMCA [Digital Millennium Copyright Act] procedure for acting quickly when we receive notices of claimed copyright infringement. We hav...
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Wait -- Did Apple Retaliate, Or Was The New York Times Just Whining? Last Friday, a story reverberated around that Apple was retaliating against the New York Times for a series of articles the NYT ran about Apple's supply chain practices. (I know the story well because I helped reverberate it.) The story was based on a post by Erik Wemple of the Washington Post, who talked to one New York Times staffer who was sure that retaliation was what was going on: “They are playing access journalism ... I’ve heard it from people inside Apple: They said, 'look, ...
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Remember When Oracle Was Going To Put Android Out Of Business? It's Not Working Out ... (ORCL, GOOG) Oracle has been forced to eat some crow in its ongoing lawsuit with Google over Android. Oracle is suing Google over alleged patent and copyright infringement in a case that made headlines for how insane the original estimated damages were. At one point, Oracle calculated it was owed as much as $6.1 billion. When the judge told Oracle to come back to earth and recalculate damages, Oracle came back with about $2 billion. These amounts were so high, Oracle was basically demanding more money ...
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Powerful Content Sites Are The Right Kind Of 'Audience Owners' To Succeed In e-Commerce Publishers such as Daily Candy, Thrillist and New York Times that have strong editorial content are the right kind of "audience owners" that can take full advantage of e-commerce campaigns, says Jonty Kelt, whose company Group Commerce is transforming the revenue streams for media companies. Watch below our interview with Kelt where he explains what campaigns work (and don't work) for content sites.Produced by Kamelia Angelova, Dan Goodman, Robert Libetti Don't Miss: Here's The Secret To Maki...
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VCs In Silicon Valley Are Sharks That Prey On Startups To create a healthy startup ecosystem, you need predators. That's why it can feel rough in Silicon Valley when you're running a startup. Like you're swimming with sharks. "VCs, maybe are like predatory sharks, but they also provide the nutrients that prime the pump," Eric Berlow, a University of California at Berkeley ecologist, and founder of Tru North Labs. "If they were just 'consuming' startups and not 'feeding them', then there would be no startups." Berlow is wor...
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Someone Just Used WiFi To Put Hardcore Porn On Best Buy's In-Store TVs Gloria Berg was browsing TVs at the local Best Buy with her son and grandchildren when suddenly some hardcore pornography was flashed on one of the TV screens. Here's how she described it to the local CBS news outlet: "It was extremely, extremely pornographic image," customer Gloria Berg says. "I think even the word 'pornographic' doesn't cover it. I have never watched pornography, so I don't know what else you can see there, but to me, I really felt extremely violated." The image go...
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Even With Today's Big Update, The PlayBook Is Still A Pitiful Excuse For A Tablet (RIMM) It's been more than 10 months since RIM launched its first tablet, the BlackBerry PlayBook. At that time, reviewers, including us, completely ripped the PlayBook apart. There was a horrible app selection. It couldn't send BBMs or emails without tethering to a BlackBerry phone. There was no calendar. It was poorly designed. And so on. And so on. "But wait!" RIM told everyone. "The PlayBook is going to get better!" Those improvements were supposed to come in a big software update last summer. Then...
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Cisco: We Aren't Trying To Dump Our TV Set-Top Business (CSCO) Cisco wants you to know that it loves its television set top business and isn't thinking of selling it off. The New York post reported yesterday that the company was trying to shed that unit. Cisco paid close to $7 billion in 2006 to enter the set top business when it acquired Scientific-Atlanta. The Post pointed out that as part of Cisco's $1 billion cost cutting last year, the company sold Scientific-Atlanta manufacturing facilities in Juarez, Mexico, to one of Cisco's contract manufacturers. ...
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Comcast Launches A Netflix/Hulu Clone Called Streampix For $4.99 Per Month (CMCSA, NFLX) Read it at GeekWire → Please follow SAI on Twitter and Facebook.Join the conversation about this story »See Also:CHART OF THE DAY: Netflix Added 10 Million Subscribers Last YearREPORT: Microsoft Is Close To Deals With Comcast And Verizon For Live TV On XboxTHE MICROSOFT INVESTOR: Why Microsoft Should Buy Research In Motion
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Instagram Founder: How To Make Mobile Apps That People LOVE The iPhone app Instagram grew from 1 million to 15 million downloads in 2011, thanks to the way it makes your (sometimes crumby) photos look artsy and special. But that's not the only growth driver. The app's social network has boosted adoption too, with mobile users sharing and rating. In contrast, go to Instagram.com on your Web browser and the experience is radically different. There's little hint of how cool and addictive the service is. At best, the site's blog has the visual appeal o...
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Tech Guy Tells His Wife He Wants To Live Forever You may remember the topic of the Singularity being discussed in a Time magazine feature last year, in which inventor Raymond Kurzweil said that 2045 is the year humans will merge with machines. I was over at my friend's place this weekend. He works for a major tech company. He told his wife he believes in the Singularity and people he works with believes in the Singularity. He wants to live long enough until he can be uploaded to the machine. She rolled her eyes and said that he always says tha...
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This Is Where Jack Dorsey's Vision For A New Payment System Came To Life When Jack Dorsey came up with the idea for his payment startup, Square, he offered his partner, James McKelvey a pretty sweet deal. McKelvey, who helped Dorsey come up with Square, could build the prototype credit card reader for Dorsey and get co-founder credit in the company, but he wouldn't have to work at Square. McKelvey hunkered down at TechShop, a tool shop in San Francisco, to build a prototype of the Square dongle. After a month of using TechShop's industrial tools, McKelvey had his pro...
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CHART OF THE DAY: Social Gaming Will Be A $5 Billion Market By 2015 (EA, ZNGA, ATVI, DIS) Social gaming has a lot of hype, but how big is the market going to be? BI Intelligence, Business Insider's research service, that the US social gaming market, including smartphones, will be a $5 billion market by 2015. We think social gaming will reach new audiences and new people, and we think it's disruptive to current models of video games. Because games are provided as a service they can be optimized on the go to improve the product and monetization, and they're inherently viral ...
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Google Is Setting Up A Bunch Of Satellite Dishes In Iowa (GOOG) Google is setting up a bunch of satellite dishes near its data center in Council Bluffs, Iowa. The dishes will be used to provide audio, video, and data services to Google Fiber, the company's broadband service that is rolling out in Kansas City later this year. A recent FCC filing (PDF here), which was uncovered by Data Center Knowledge this weekend, calls for Google to build a "C-band receive-only earth station" and "Ku-band receive-only earth station." The FCC has already said that Google doe...
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How Indeed, The World's Largest Job Search Site, Exploded To 60 Million Uniques New York-based Indeed, a pay-per-click job listing and search site, is one of the largest career sites on the web. Founded in 2004, Indeed has 360 employees. It boasts 60 million monthly unique visitors* and 1 billion job searches. It works with 25,000 partnering sites and it is profitable. The 1 billion searches aren't on Indeed.com alone. They're spread over all of Indeed's partnering sites. Indeed powers the career and job sections of publishers like Bloomberg. Still, Indeed...
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Uh Oh! An AOL Employee Just Published A Novel That 'Examines Corporate Culture In Humorous Fashion' AOL software developer Ben Woods just published his second novel, titled Corporate Ties - Relocation, Recruitment, and Romance in the Workplace (Business gibberish included!). It's a "workplace humor novel" that asks the question: "Why do people give up their independence to become corporate clones?" In an email to Business Insider, Woods says (emphasis ours) that the book is "based on a true story at a previous job" – boy does some of it sound familiar… Here's ...
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Olympus Executive Found Hanged In Apparent Suicide NEW DELHI (AP) — Police say an executive at an Indian subsidiary of scandal-plagued Olympus Corp. has apparently committed suicide. Police officer Amarjit Kataria says Tsutomi Omori's body was found Monday hanging from a railing in a children's play area at a luxury high-rise apartment complex in the New Delhi suburb of Gurgaon. Omori, 48, was managing director of Olympus Medical Systems India. So far there has been no indication that his death is linked to the scandal over the coverup of ...
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Watch Microsoft Make Fun Of Google Apps In This Video (GOOG, MSFT) Microsoft released a parody video to YouTube this weekend accusing Google of "moonlighting" with Google Apps. In other words, Google isn't serious about its enterprise business. Microsoft is. As a result, Google Apps still can't do many of the things Microsoft's Office suite can do. The new video echoes some of the same criticisms in Microsoft's Gmail Man video from last year, where Microsoft accused Google of scanning users' emails to make its ads more relevant. But stylistically, it's more lik...
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Fedex.com Traffic Shows The Economy Is Getting Better A reader sent us these charts from website traffic monitoring site Alexa. They show the percentage of web users accessing Fedex.com and UPS.com at any given point. Clearly both are higher than they were the year before. And Please follow Money Game on Twitter and Facebook.Join the conversation about this story »See Also:3 Reasons Why The Good Economic Times Are About To Turn Into A 'Sugar Crash'More Good News: UK Retail Sales Accelerated In JanuaryOH CRAP: Is This A Bad Sign For Jobs?
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Big Data Is The Hottest Thing To Hit The Web In Years: Here's Why (IBM, EMC) Big data is literally changing what computers can do. You are already benefiting because big data brought you Google. And we've only just begun. Big data is changing things for three reasons: It can handle massive amounts of information in all sorts of formats -- tweets, posts, e-mails, documents, audio, video, whatever.It works fast -- practically instantly.It is affordable because it uses ordinary, low-cost hardware. Big data solves problems for companies like eBay, Facebook, Lin...
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The Social Gaming Market Will Explode To $5+ Billion By 2015 (ZNGA, EA, ATVI, DIS) The US social gaming market will blow past $5.5 billion in 2015, according to a new report by BI Intelligence. The social games market, including smartphones, will more than double from last year, where we estimate it was $2 billion. Here are some highlights from the report, which is available today to BI Intelligence subscribers: Social games will disrupt the traditional gaming industry, by turning gaming into a service and making it free-to-play. Social games will break into the mainstr...
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THE GOOGLE INVESTOR: Is Google Becoming A Public Utility Company? (GOOG) The Google Investor is a daily report from SAI. Sign up here to receive it by email GOOG Up Strong With Market Despite Wal-mart's big miss, stocks are advancing in early trading as euro zone finance ministers secured a deal for Greece over the weekend. Shares of GOOG are up stronger than the rest of tech. Investors continue to look for Android momentum in the smartphone and tablet markets worldwide; Motorola acquisition approval and integration; regaining ground in China; resurgence ...
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Microsoft Is Actually The One Being Sneaky, Says Google (GOOG, MSFT) Google has responded to Microsoft's accusation that it bypassed a privacy setting in Internet Explorer. The full response is below, but here's the basic gist of it: The privacy standard that Microsoft is talking about, P3P, is outdated and doesn't work for the modern Web.Lots of other sites, including Facebook, use similar workarounds to get around it. It's a pretty aggressive response, which seems to be the standard for Google these days: it won't even pretend to apologize when it thinks i...
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HP Is An 'An Under-Appreciated Turnaround Story,' Says Sterne Agee (HPQ) Even though HP is expected to report a decline in year-over-year revenue tomorrow, one analyst is gung-ho about the stock's future. "We believe the company is an under appreciated turnaround story where its trading multiple could expand as investors get more comfortable with the company’s improved focus and execution," Shaw Wu, an analyst at Sterne Agee said a research note issued today. Analysts are expecting $30.8 billion in revenue and $0.86 in earnings per share (EPS). HP has offered g...
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Samsung Galaxy Note: The Most Controversial Phone On The Planet [REVIEW] (T) Think back to one year ago. Screen size was one of the only ways Android phones could set themselves apart from the iPhone. Early last year, all those phones with four-inch screens seemed like a godsend to people who liked to consume a bunch of content on their device. A lot can change in a year. With the Galaxy Note, a massive smartphone with a 5.3-inch screen, Samsung is betting you'll want a device that offers all the big-screen advantages of a tablet, plus all the communications features you...
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Red-Hot Startup Huddle Is About To Make Your Work A Hundred Times Less Annoying Huddle is offering new "Sync" software that's going to save you from a ton of headaches at work when you are trying to share files and work on projects remotely. Huddle is a service for sharing files across a company — so you can work on a document or presentation in one state and your co-worker can access it in another state. But file sharing is still a bit of a nightmare. It's hard to keep track of who made changes and which files you need to access. Using what the company calls "patent-...
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THE MICROSOFT INVESTOR: Focusing On The Cloud With SkyDrive And A New Board Member (MSFT) The Microsoft Investor is a daily report from SAI. Sign up here to receive it by email. MSFT Climbing Up In Strong Market Despite Walmart's big miss, stocks are advancing in early trading as euro zone finance ministers secured a deal for Greece over the weekend. After last week's surge, shares of MSFT erased early morning losses and are currently climbing up in the positive. Upcoming catalysts include Windows 8, Windows Server 8, Office 15 and Windows Phone 8; expansion in t...
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Boston-Based VC Firm NextView Ventures Raises New $21 Million Fund NextView Ventures, a Boston-based seed fund led by Lee Hower, David Beise and Rob Go, has raised its first fund. The fund is just over $21 million. Fortune's Dan Primack first reported the news. NextView ventures has 16 startups in its portfolio and makes initial investments ranging from $250-500,000. Two of NextView's startups have been acquired, including Hyperpublic which was bought by Groupon last week. It isn't easy for mid-sized firms to raise funds right now and NextView faced some reject...
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This Google Employee Left Because He Was 'Just There To Make Things Look Pretty' (GOOG) Cameron Adams left Google to start a new email service called Fluent.io — leaving behind what's considered one of the most pleasant workplaces in the world. Why? Well, for one, Adams said it's because designers were less valuable than engineers at Google. He had been on the Google Wave project (which was a total bust) and told the Sydney Morning Herald that designers were "just there to make things look pretty." Adams and his co-founders, Dhanji Prasanna and Jochen Bekmann, also ...
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Amazon's Next Attempt At Killing The iPad Is Coming In A Few Months (AMZN, AAPL) Amazon is preparing to release a 10" Kindle Fire tablet in the second quarter of this year, DigiTimes reports. This will be a much more direct attempt to challenge the iPad's dominance, but until Amazon makes some changes on the software side, it will fail to slow the iPad. The 7" Kindle Fire doesn't really compete with the iPad. It's too limited to be a true competitor, as fourth quarter sales have shown. Apple sold 15.4 million iPads in the holiday quarter versus an estimated 3-5 million Kindl...
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A Surprisingly Effective Way To Deal With People Who Want You To Do Something You Don't Want To Do No matter what profession you're in, you will encounter an endless stream of people who want you to do something you don't want to do. They might be bosses. Or board members. Or clients. Or employees. Or reporters. Or just annoying busy-bodies. Career books are chock full with strategies for how to deal with these people. The best tactics result in your deflecting the people who want you to do something without the people knowing that you're deflecting them, thus preserving the relationship. But...
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UPenn Student Skips 4 Classes To Create This Awesome Instagram Resume Alice Lee, a 20-year-old UPenn* student from Cupertino, California, really wants to work for Instagram. Instagram is an iPhone app that lets you post pictures and follow people's picture streams in real time. It has been downloaded more than 15 million times. She created a website, Dear Instagram - With Love, Alice, to host her 4-page resume. Lee spent 2.5 days building and designing the resume site, during which she skipped four classes and ate several bowls of Ramen. Her resume isn't ove...
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It's True! Microsoft Office Is About To Hit The iPad (AAPL, MSFT) For all the time the iPad's been available, there's been a glaring absence in its app catalog: the Microsoft Office suite. Now The Daily is reporting that Microsoft Office for the iPad is about to be submitted to Apple for approval. Check out the leaked photo of the app to the right. Office for iOS will allow creating and editing Word, Excel, and PowerPoint documents locally and online. This is only after numerous third-party apps and Apple's own iWork suite have stepped up to fill the voi...
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LEAKED: Pictures Of The iPad 3's Shapely Backside (AAPL) A leaked image of a bulkier iPad 3 casing has come out via MIC Gadget, and they say it's from one of their most reliable sources. The alleged iPad 3 case maintains the iPad 2's tapered design but looks a little heftier. Everything from the LTE capabilities to the higher resolution display could account for the added thickness. MIC Gadget also notes a larger camera housing, which lines up with other leaked images showing the iPad 3 would pack a nicer 8-megapixel camera. Here's the photo: C...
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Now The Nook Tablet Costs The Same As The Kindle Fire (BKS) Barnes & Noble announced today that it will begin selling an 8 GB model of its Nook Tablet for $199, the same price as Amazon's popular Kindle Fire. The first Nook Tablet cost $249, but had 16 GB of storage. Now Barnes & Noble has cut the price and storage to remain competitive with the Fire. Barnes & Noble also cut the price of the Nook Color, its first color e-reader, to $169. Don't Miss: How to tell if you should buy a Nook Color or Kindle Fire Please follow SAI: Tools on Twitter ...
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Here's The US Army's Guide To Pinterest Pinterest is the tremendously successful social pinboard site taking the internet by storm. It's a big enough deal that the US Army is took notice and assembled an explanatory deck on it, which we found via All Things D. Whether you have no idea what Pinterest is and could use the explanation, or you just want to see Pinterest through the military's eyes, here it is.See the rest of the story at Business Insider Please follow SAI: Tools on Twitter and Facebook.See Also:Here's A Quick Way ...
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10 Things You Need To Know This Morning (RIMM, GOOG, AAPL, BKS) Good morning! Here's the news: The BlackBerry PlayBook finally got updated with a native email app.Barnes & Noble is about to launch a cheaper Nook to compete with the Kindle Fire.Three Australian ex-Googlers are reimagining the future of email with Fluent.io.Twitter just partnered with Yandex, Google's huge Russian competitor.It wasn't just Safari -- Google got caught bypassing Internet Explorer security settings, too.Microsoft adds John W. Thompson, former Symantec CEO, to ...
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It Took RIM 10 Months To Figure Out How To Get Email On The BlackBerry PlayBook (RIMM) After being demoed forever, BlackBerry's PlayBook 2.0 update is out. Check for updates on your PlayBook under "Settings" and you should be able to download it right away. The update includes a native email app, integration with Twitter, Facebook, and LinkedIn, and access to the Android apps in BlackBerry App World. From the press release -- New BlackBerry PlayBook OS 2.0 features include: Integrated email client with a powerful unified inbox: With BlackBerry PlayBook OS 2.0 you have the op...
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Three Australian Ex-Googlers Are Re-Imagining The Future Of Email (GOOG) Cameron Adams, Jochen Bekmann, and Dhanji Prasanna have started Fluent.io in an effort to help you get through your email inbox 20% faster, reports the Sydney Morning Herald. The three Australians formerly worked on Google Wave before quitting to work on email at Fluent. They identify email as a means of communication that has "stagnated," so hopefully their product goes over better than Google Wave. Their solution turns your Gmail account into a Facebook-style newsfeed. You're able to...
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Twitter Just Partnered With Google's Huge Russian Competitor (GOOG) Twitter has partnered with Yandex, the Russian web search giant, to include tweets in Yandex's search results, reports TechCrunch. This could potentially be a new source of revenue for Twitter -- Yandex described it as a licensing arrangement and Microsoft paid Twitter $30 million for a similar deal. Yandex will have access to all live tweets in every language, but special attention will be given to those in Russian, Ukrainian, Belarusian, or Kazakh. Yandex is already a fairly social company, of...
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More Sneaky Business From Google: It Bypasses Internet Explorer Privacy Settings, Too (MSFT, GOOG) Google does not honor a default privacy setting in Microsoft's Internet Explorer 9 Web browser, but instead uses a trick to get around it. IE head Dean Hachamovich says Microsoft started looking into this last week after news broke that Google was bypassing the default privacy settings in the Safari Web browser on iPhones and iPads. Google was caught by the Wall Street Journal and stopped playing that particular trick, but went on the offensive to try and explain its behavior away. Like the Safa...
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7 Popular iPhone Apps That Snoop Into Your Address Book (AAPL) Path caused quite the uproar when a developer discovered its app accesses your iPhone's address book and stores that information on its servers. Even though Path is taking most of the heat for the controversy, it's not the only app that scans your iPhone's address book. Right now, Apple makes it pretty easy for app developers to gain access to your contacts' information. Luckily, the company just announced that it will soon require app developers to ask your permission before accessing your addr...
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Microsoft Adds Former Symantec CEO To Its Board (MSFT) Microsoft has added John W. Thompson, the former CEO of security software giant Symantec, to its board of directors. Thompson has deep enterprise experience. He started at IBM, then increased Symantec's revenue 10x, to more than $6 billion a year, during his decade as the company's CEO. Thompson stepped down as CEO in 2009 and left Symantec's board last year. Thompson is also the first African American to join Microsoft's board since former Harvard professor James Cash Jr. left in 2009. His appo...
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What's It Really Like To Work At Foxconn? We're Going To Find Out Tomorrow (AAPL) ABC's Nightline received an exclusive invite from Apple to check out Foxconn's manufacturing facilities in Shenzhen and Chengdu, China, following the string of reports in the New York Times and on NPR about the poor working conditions there. The special airs tomorrow (Feb. 21) at 11:35 p.m. Eastern on ABC, but Nightline reporter Bill Weir has a lengthy written preview that you can check out now. Weir was given what appears to be full access to Foxconn's facilities in China, something few o...
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DEAR ENTREPRENEURS, ATHLETES AND LOTTERY WINNERS: Here's How To Keep All That Money You Made News came this week that Allen Iverson is broke. Allen Iverson, you will recall, used to be a star basketball player. He made $21 million one year playing for the Detroit Pistons. And he made more than $150 million in his career (a lot more, presumably, when one factors in endorsements and other ancillary income). But now Iverson is broke. And so is Lenny Dykstra, who made a boatload of money playing for the Mets and Phillies. (Dykstra's now worse than broke—he's in serious legal trouble. ...
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6 Cool Technologies That Will Change Your Life Think about how much technology has changed your life. In the past five or six years alone we've had the rise of the smartphone, the tablet, touchscreens, Internet TV, Facebook, Twitter, free WiFi ... And you haven't seen anything yet. The next few years will bring to you amazing new ways to work, play and hang out at home.#1 The cloud...it's only just begun Thanks to Microsoft's Windows 7 commercials, most of us know the term "cloud." Cloud computing is already here, but it's early. The cloud ...
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Take A Tour Through Linkedin's Offices High Up In The Empire State Building (LNKD) LinkedIn's corporate headquarters is in Palo Alto, Calif., of course but the booming social network has also had a New York office for the last couple of years with 100 staffers in it. The site couldn't be more "New York," in fact: It's on the 25th floor of the Empire State Building, the marbled art deco masterpiece that dominates the Manhattan skyline. We went there recently to chat with LinkedIn's advertising chief, Jonathan Lister, vp/North America sales and marketing solutions. Before we tel...
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Barnes & Noble Is About To Launch A Cheaper Nook Tablet To Match The Kindle Fire (BKS, AMZN) Barnes & Noble will release a new, and probably cheaper, version of its Nook Tablet on Feb. 22 to help it compete with Amazon's Kindle Fire, according to a leak obtained by The Verge. The new Nook Tablet will have 8 GB of storage instead of 16 GB. That's the same amount of internal storage the Kindle Fire has. Right now, the Nook Tablet costs $249, which is $50 more than the Kindle Fire. We imagine Barnes & Noble will be dropping the Nook Tablet's price to match the Fire's. There's still...
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Some Mind-Blowing Stats About Pinterest's Incredible Success So Far Pinterest is one of the most talked about and fastest growing sites right now. So what drives that immense popularity? Research firm RJ Metrics dove into Pinterest and came up with some interesting findings in its latest report. Here's what you need to know: Etsy is the top source for all Pinterest photos, but it only represents about 3% of all postings.Images from Google ranked a close second behind Etsy.80% of the items on Pinterest have been "re-pinned," or re-posted from someone else....
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Samsung Will Spin Off Its LCD Business Later This Year Samsung will spin off its LCD panel business into a separate corporation, the company announced today. The new company, called Samsung Display Co., is set to be formed on April 1, 2012. Samsung's statement says this will help the company keep up with the rapid change in the industry by allowing it to make decisions autonomously from Samsung. Right now, Samsung provides displays for a large number of other manufacturers. The company's statement says there's even a possibility this new company wil...
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Mark Zuckerberg Spotted Enjoying Linsanity At The Knicks Game (MSG) Even Zuckerberg is jumping on the Jeremy Lin Bandwagon ... Please follow SAI on Twitter and Facebook.Join the conversation about this story »See Also:Mark Zuckerberg's Letter To Facebook InvestorsHere's The Six-Figure Salary Mark Zuckerberg Paid His SisterHere's How Much Facebook's Top Executives Were Paid In 2011
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Facebook, It's Time To Face Facts: You Need Apple More Than It Needs You (AAPL) It's time for Facebook to go hat in hand to Apple and make a deal to get integrated into its operating systems, iOS and OS X. The two companies have been in a stand off for a long time. In 2010, Steve Jobs said Facebook's "onerous terms" prevented it from being integrated into iTunes social network Ping. We're not sure if that was Steve Jobs bending the truth to his liking, or if Facebook was really asking for something outrageous. Assuming there's some shade of truth to what Jobs said and Faceb...
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UH OH: Gas Prices Are Getting Close To The Magic Freak-Out Point When oil prices began their big surge about a decade ago, doomsayers immediately began bloviating about how rising gas prices were going to put the smackdown on the economy. But as gas prices blew through milestone after milestone--$2, $2.50, $3, $3.50--this fear proved completely unfounded. The economy kept cranking right along. Right up until the moment gas hit $4 a gallon. Then everyone freaked out. When gas blew through $4, the car companies all suddenly started talking about how it was a ne...
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10 Israeli Startups You’ve Never Heard Of And Are On To Something Big This is a guest post from Hillel Fuld, who is head of Marketing at inneractive. In addition to his marketing activities with inneractive, Hillel works with Appboy, a leading mobile discovery engine on their dynamic web content and brand awareness. You can find Hillel on Twitter here and on Google+ here. While many people do not yet associate Israel with technology and startups, Israel has the second-largest concentration of startups per capita after Silicon Valley. Many of the lea...
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CHART OF THE DAY: American Per-Capita Sugar Consumption Hits 100 Pounds Per Year In 1822, the average American ate the amount of sugar found in one of today's 12-ounce sodas every 5 days. Now, we eat that much every 7 hours. That's the conclusion of researchers Stephan Guyenet and Jeremy Landen. Stephan wrote up his findings at Whole Health Source and included the following chart, which shows per-capita US sugar consumption over the past two centuries. As the chart shows, we're now eating about 100 pounds a year apiece. No wonder we're so fat. Click the chart to read more of...
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Facebook Commerce Has Been A Big Flop The first generation of stores inside Facebook have been total flops, Bloomberg reports. This is a problem for Facebook because it's one less business it can "tax" to generate further revenue. Gamestop, JC Penney, Nordstrom, and Gap have all opened and closed stores in Facebook in the last year. The stores didn't lead to significant sales, and people quoted by Bloomberg seem to suggest that a company is better off having a good website for e-commerce than a store inside of Facebook. Ashley Sheet...
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iPad 3 Will Have A Fantastic 8 Megapixel Camera, According To Latest Leaked Images (AAPL) The iPad 3 will have an 8 megapixel camera, according to a report in Hong Kong newspaper, Apple Daily. That means the iPad 3's camera will be the same as what's in the iPhone 4S, says 9 to 5 Mac. (The iPhone 4S camera is really good.) For more: Everything We Know About The iPad 3 Please follow SAI on Twitter and Facebook.Join the conversation about this story »See Also:CHART OF THE DAY: Apple Sold More iOS Devices Last Year Than Macs In 28 YearsApple Retaliates Against New York Times For Ex...
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An Urgent Letter To Small Businesses Who Don't Understand The Importance Of Yelp As a frequent user of Yelp and Seamless and other social web apps, I feel compelled to send a message to business owners with a bad rating or no rating at all. Perhaps you've never heard of Yelp or perhaps you think it doesn't matter. Word of mouth and newspaper reviews were enough to bring in customers for the past thousand years. Why change? What I want you to understand is that I and over 50 million other Yelp users like me will never be your customer. Yelp is the first and last thing I check...
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The Illegal Way To Improve Your Rating On Yelp We're not going to advocate anything illegal, and posting fake reviews really is illegal. But if you own a small business and have not considered cheating Yelp then you must be crazy. A 5-star rating guarantees a line of customers out the door, while a 1-star rating assures you won't see me or tens of millions of other Yelp users. And it seems so easy. Post a few good reviews for your new restaurant and suddenly everyone in the neighborhood will want to try it. Even an established restaurant cou...
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