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It's Super Easy To Make Music On Your iPad: Here's How Whether you're an amateur, aspiring, or professional musician, GarageBand is a must-have app for iPad owners. Learn how to record, export, and share a song on your iPad with GarageBand below:Produced By: William Wei And Don't Miss... • The First Thing You Need To Do To Set Up Siri • The Ultimate Step-By-Step Guide To Pinterest • Here Are Four Great Tips For Editing Photos On Your iPhone Please follow SAI: Tools on Twitter and Facebook.Join the conversation about this stor...
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Other Than Facebook, Microsoft's Investments Haven't Worked Out So Well (MSFT) Last week, Microsoft invested $300 million in a new joint venture with Barnes & Noble's digital division. Microsoft has only done five of these equity investments in the last decade. It's much more likely for Microsoft to acquire companies outright, or form deep partnerships (like with Nokia and Yahoo) without taking an equity stake. But back in the 1990s, Microsoft invested in companies like a drunken sailor on a spending binge. Most of them didn't turn out so well, but a few did. Here's a ...
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Side-By-Side Video Comparison: HTC One X Vs. iPhone 4S We've already told you that the One X by HTC is our new favorite Android phone and that it takes better photos than Apple's iPhone 4S. But what about video? After shooting the same video with the two devices, we noticed that the iPhone 4S video looked much darker than the one recorded on the One X. This doesn't come as a surprise because the camera on the One X has a lower f-number (f/2.0) than the camera on the iPhone 4S (f/2.4). The lower the f-number, the greater the amount of light is let in...
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Employees Called HP's Last CEO 'My Lord' (HPQ) Isn't it ironic? When Leo Apotheker was brought into HP, he thought of himself as superior, reports Fortune. He was arrogant and paranoid, nodding off during meetings with HP's senior executive team, laughing at his own insults of California wines, and fearful that HP executives were undermining him, the story says. So, he brought in a bunch of SAP executives who treated Apotheker with an insane-level of reverence. One of them, Marty Homlish, often addressed Apotheker as "my lord," the art...
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Scott Thompson Has Already Cost Yahoo $7 Million (YHOO) Scott Thompson cut a highly favorable deal for himself when he signed on as Yahoo's CEO—so favorable that he's already taken home $7 million that may well be his to keep, even if he's fired over the "inadvertent error" in his résumé that made its way into SEC filings. Hey, he's a smart guy, computer-science degree or not. The same SEC filings that incorrectly attributed a computer-science degree to Thompson also show just how skilled a negotiator he is. When Thompson agreed t...
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Here Are Pictures Of Facebook's Chief Financial Officer Rocking Out As we reported earlier today, Facebook CFO David Ebersman is the bass player in Feedbomb, a band filled with current and former Facebook employees. He keeps a low profile. So low, in fact, that we didn't really notice him when the band played a gig last year. It was too easy to focus on singer Randi Zuckerberg -- that's CEO Mark Zuckerberg's sister -- who made a big, dramatic entrance. But we just went back and checked the original photos, and sure enough, there he is: And, such a pro, he knows...
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CHART OF THE DAY: The Draw Something Bubble Bursts, And Zynga Is Back To Where It Started (ZNGA) This chart from AppData tells you a lot about the state of Zynga right now. Daily active users at Zynga were falling, so it decided to buy OMGPOP, which made Draw Something, for $210 million. The acquisition helped add some pop to Zynga's daily active user numbers, but it didn't last long. Daily active users are back to where they were pre-OMGPOP acquisition. Draw Something has 9 million daily users, according to AppData, which tracks usage through Facebook log-ins. If you back out the 9 million...
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Top Execs Are Leaving Apple After The Jobs Era (AAPL) After Steve Jobs stepped back from daily responsibilities at Apple last January, some wondered if other higher-ups at the company might look for work elsewhere, leading to a kind of brain drain. But to the credit of Apple and its CEO Tim Cook, there really hasn't been a mass exodus of talent. That said, several key executives have quit the company in recent months. Some were poached by competitors, others simply chose to strike out on their own. Each of these employees likely had their own reaso...
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Yahoo Board Member David Kenny Just Made The Tiniest Change To His Biography (YHOO) How paranoid is Yahoo about getting biographies correct now? This paranoid. WSJ writer Rolfe Winkler tweets that board member David Kenny has updated his biography. The change? His bio used to say the Weather Channel had the number one mobile content site. It is now, "one of the top mobile websites." It also said, Weather Channel had the second most used smartphone app. Now it's just "one of the most used." Kenny is the CEO of The Weather Channel. So, Dan Loeb, if you're thinking about going aft...
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I'll Take $10 Million Please! How Do Founders Know How Much To Raise? Some startups raise $100,000 seed rounds, others raise $1 million. How do founders know how much to raise, and how do they avoid over-raising? We asked three founders this last week at Business Insider's Startup 2012 conference. They all agreed: for seed rounds, the amount is arbitrary. "I picked $1 million. It was a good round number," one of them said half-joking. Here's what each had to say: "I think at a seed stage it's completely arbitrary. What you're supposed to do is predict what you're ...
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55,000 Twitter Accounts May Have Been Hacked Hackers have released more than 55,000 Twitter usernames and passwords, according to online security focused blog, Airdemon. However, this may not be a real "hacking." It may be some weird prank. We heard about the hacking when a reader sent us a link to the site. We've reached out to Twitter for comment, but haven't heard anything yet. The hacking was picked up on Hacker News, and a commenter casted doubt on it: I just did a random sampling of these accounts, and what's interesting is that ever...
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Here's An Adorable Photo Taken With Google Glass (GOOG) Googler Sebastian Thrun posted a test photo of his son to Google+ today. It was taken with "Project Glass," those computerized augmented reality glasses we've been hearing so much about lately. Here's the photo: Please follow SAI: Tools on Twitter and Facebook.Join the conversation about this story »
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Two Startups Are Duking It Out To Be The Instagram Of Video, And One Just Came Out On Top Both Socialcam and Viddy, two video-sharing startups, are among the most popular Facebook-connected apps in the App Store. But it looks like Socialcam, a startup spun out of video streaming site Justin.tv, has pulled out on top. Here are the charts from AppData:Socialcam shows a nice, smooth growth curve pointed in the right direction, while Viddy appears to be losing daily Facebook-connected users at a crazy rate. Socialcam is also now the most popular free photo app, while Viddy is the thir...
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10 Creative And Inspiring Ways People Got Early Jobs At Hot Startups With Facebook going public and producing 1,000 millionaires, the rest of us are left wondering: Why didn't I get that job? Getting an early job at a startup isn't easy, especially if it's generating a lot of buzz. We searched for inspiring stories from early startup employees and found creative ways people landed jobs. The all seemed to do a few things right: They knew the products wellThey made themselves stand out, not just their resumesThey knew the right people and had great timing...
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The 7 Biggest Ways Meg Whitman Is Struggling At HP (HPQ) When Meg Whitman took the helm of HP in September, the company was in crisis. Employees were openly angry. When one of them warned her they would live blog one of her famous employee meetings, she replied, "You all have taken leaking to a new art form," reports Fortune. "It's a sign of an unhappy company. You wish HP ill." That guilt trip worked, the story goes. Employees put their smartphones down, stopped live tweeting and listened. They began to hope that Whitman would save the once-venerable...
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10 Excellent Mother's Day Gadget Gifts For Under $200 Mother's Day is approaching fast. It's this Sunday, May 13. Don't have an idea for a gift? Check out these tech items all priced under $200 to enhance Mom's life and make her day special.A Birchbox Subscription Birchbox is a startup that delivers hand-picked beauty and lifestyle samples each month to your door. Treat mom and show her you care with a subscription to the service. Price: $10/month ($120 for a year) A Dannijo iPhone 4/4S case A Dannijo case will make Mom's iPhone sparkle. They com...
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What Rent The Runway CEO Jenn Hyman Now Knows About Customer Service Customer service has been changing rapidly in the past few years. Companies have moved online, and immediacy is everything. At the recent Behance 99% conference on creativity in New York City, Rent The Runway CEO Jenn Hyman shared what she's learned about dealing with people since launching her ecommerce site in 2009. Here are the four key takeaways from her conversation with Behance Network CEO Scott Belsky and Warby Parker co-founder Neil Blumenthal, edited slightly for clarity: You're selling...
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T-Mobile Will Be Ready For The iPhone By The End Of The Year (AAPL, DT) T-Mobile is readying its network to handle the iPhone by Q4 2012, according to an interview the company's CTO gave to All Things D. The iPhone runs on a different spectrum than T-Mobile's network, so unlocked devices can only access 2G speeds. But T-Mobile is working to broaden its spectrum to include the iPhone. The network should be ready for the iPhone by the end of the year. Even though T-Mobile USA doesn't sell the iPhone directly, it has roughly 1 million subscribers using the unlocked dev...
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The Pebble Founder Reveals The Hardest Part Of Bringing His Product To Market (AAPL, GOOG) Eric Migicovsky is the founder of Pebble Technology and the brain behind the Pebble smartwatch that caught all kinds of attention on Kickstarter. He's holding an "Ask Me Anything" session on Reddit and revealed the hardest part of bringing his product to the market: "Probably the industrial and aesthetic design. That was the most 'Oh, sh*t, are we doing the right thing' moment." But he answered many other user-submitted questions as well. Here's what we learned: There are no plans to support Wi...
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Zynga Is A Flawed Company In Desperate Need Of A Breakout Hit (ZNGA) Zynga's decision to pay $210 million for Draw Something, and the game's subsequent rise and fall, appear to expose a fundamental flaw in the social gaming company that should frighten investors, and be setting off alarm bells in the company's headquarters. As you can see in the chart on the right, Zynga's daily user count spiked to almost 70 million users, up from ~58 million users, after acquiring Draw Something developer OMGPOP. However, the buzz for Draw Something has worn off, and now Zynga'...
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Meet 19-Year-Old Wunderkind Sahil Lavingia Who Silicon Valley Showers With Money Sahil Lavingia is only 19 but already has a solid reputation in the startup industry. A college dropout who has lived around the world, Lavingia was the second employee and leading designer at Pinterest. In February, at the peak of the Pinterest craze, he left the company to start his own venture – Gumroad, which lets people sell anything they can share (like PayPal for social media.) Lavingia had no problem raising his goal funding round of $1 million. He did so in a few days withou...
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The Life Story Of Dan Loeb: The Hedge Fund Manager At War With The Yahoo Board Dan Loeb, the founder of Third Point LLC, has a reputation for his strongly worded (and public) letters to companies and CEOs. The scathing letters, written to spur shakeups and CEO replacements, cut right to the chase. Loeb often calls the leaders the worst he's ever seen and accuses them of "tooling around." But the best part is that he often signs them "Very truly yours, Daniel S. Loeb." Recently, the billionaire hedge fund manager has taken on Yahoo!. He even started a blog and a ...
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YAHOO BOARD FORMS A COMMITTEE Is this a joke? The news coming from our Bloomberg terminal is that Yahoo's board is forming a committee to investigate CEO Scott Thompson's educational background. A committee? What? HOW HARD IS THIS? He should stand up in front of the board and offer an explanation. If his explanation stinks, he's gone. If it's just OK, he's gone. If it is ENTIRELY CONVINCING, he can stay! (But the board better start making calls to potential replacements). Please follow SAI on Twitter and Facebook.Join ...
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Yahoo Exec: Firing The Board Member Who Vetted Thompson 'Sends An Incredibly Twisted Message' (YHOO) The departure of board member Patti Hart – the one who was supposed to vet CEO Scott Thompson – has not appeased at least one still very upset Yahoo employee. He writes to us to say: It sends an incredibly twisted message to people when the only person who is forced to leave the company is the person who READ the invented resume, as opposed to the person who SUBMITTED / DRAFTED it. This is coming from someone who likes Scott. We think Thompson still owes Yahoo sha...
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We Just Found Someone Who Knew Facebook's CFO David Ebersman When He Was In High School... Facebook's CFO, David Ebersman, is one of the most respected executives I've ever asked about. I haven't met Ebersman personally yet, but in the context of doing some research on Facebook, I asked a lot of people about him. And they love the guy! Specifically, here's what they told me: A former Wall Street analyst, Ebersman worked for 15 years at biotech giant Genentech before he joined Facebook in 2009. Competition for the Facebook CFO slot was fierce, but after meeting Ebersman, Facebook CEO M...
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BATTLE: How Does The Best Android Phone Camera Stack Up Against The iPhone's? (GOOG, AAPL) HTC's gorgeous One X is our new favorite Android phone. (Followed closely by the Galaxy Nexus, of course.) One of our favorite features in the phone is its excellent camera. HTC's camera app is packed with a ton of shooting options such as filters, HDR, white balance, and many more. We even think it's better than the iPhone 4S camera. But here's a chance to judge for yourself. We took a bunch of photos inside and outside Business Insider's HQ using the iPhone 4S and the HTC One X. Can you ...
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Now We Know What The Future Of Twitter Looks Like When Flipboard CEO Mike McCue resigned from Twitter's board yesterday, it gave the rest of us a pretty clear idea about where Twitter wants to take its product. Kara Swisher, who broke the news, says she heard McCue stepped down because Flipboard and Twitter are becoming more alike – more competitive. She said this competition may lead to skirmishes between the companies – or a potential acquisition of Flipboard by Twitter. A source close to Twitter tells us that's half right: Twitte...
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New York Times Staffers Threaten To Quit And Join Huffington Post et al If Management Doesn't Meet Salary Demands The New York Times and its journalist union, the Newspaper Guild of New York, have yet to reach an agreement on a new contract. The video below, produced by the Guild, features three New York Times Pulitzer Prize winners talking about how great the Times is--and, implicitly, how horrible it will be for everyone if management wins. One of the journalists, Kevin Sack, a two-time Pulitzer Prize winner, makes a not-so-vague reference to greener pastures at the Huffington Post, noting that some onlin...
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Rupert Murdoch Has The Perfect Response For Any News Corp. Shareholder Who Feels Embarrassed (NWS) This is why it's awesome Rupert Murdoch is on Twitter: @PhotogPhillipSo sell. — Rupert Murdoch(@rupertmurdoch) May 8, 2012 Please follow SAI on Twitter and Facebook.Join the conversation about this story »
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New Scale Allows You To Check If You're A Facebook Addict At what point does occasional Facebook stalking become a full-blown addiction? And how many of Facebook's 900 million users are actively hooked? A new study from Norway, the first of its kind worldwide, says that "Facebook addiction resembles drug, alcohol and chemical substance addiction." Those at the highest risk of developing a Facebook jones are users that are young, female, anxious and socially insecure (whereas those who are organized and ambitious face less risk), acc...
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Cisco: IT Pros Can Grow A Mullet Faster Than They Can Move To The Cloud (CSCO) Cloud computing is a no brainer these days. You can't find a startup or a young company that isn't running their tech in the cloud. Not so for the big companies -- by a long shot. They are only now getting around to using the cloud and MANY of the people responsible for getting them there are still pretty clueless about it. So finds a survey released by Cisco today. They asked 1300 IT professionals to rate how much their companies use cloud services run by the likes of Amazon, IBM or...
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Here's The Note That Apple's New Retail Chief Just Sent Employees To Introduce Himself (AAPL) It took a couple weeks, but Apple's new head of retail operations is finally ready to introduce himself to Apple store employees. John Browett, senior vice president of retail at Apple, sent out an uplifting note to Apple's army of retail workers last night, expressing his enthusiasm to start at the company and suggesting that there will be plenty of news to come in the next few weeks. The note was obtained by ifoAppleStore.com, a blog focused on Apple's retail operations, and it marks the first...
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Worried You May Have Exaggerated Like Yahoo's CEO Did? Here's What To Do (YHOO) Yahoo CEO Scott Thompson is in a LOT of hot water for allowing his employers, employees, and shareholders to believe he had a degree that he does not actually have. Lying on your resume is not OK, and neither is exaggerating in a job interview. But what should you do if you think you did one of those things by accident, and you don't want to end up in the mess Thompson is in later in your life? Chuck Wardell, the CEO of executive search firm Witt/Kieffer, has some advice: be honest. Be hone...
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Toshiba Has The Thinnest Tablet In The World, But Does That Make It The Best? (GOOG) After the disappointment with its clunky line of Thrive Android tablets, Toshiba needs a winner in the space. That's why we now have the 10-inch Excite LE, which Toshiba claims is the thinnest tablet available right now. (That's true, as far as I can tell.) The Excite LE is definitely a major improvement over Toshiba's earlier tablets. Even though it's so thin, it still feels incredibly sturdy. Instead of the cheap-feeling plastic found on many Android tablets, the Excite LE has a magnesiu...
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How Could The Yahoo CEO Resume Scandal Happen? A Top Exec Recruiter Explains (YHOO) To get a little perspective on the Yahoo CEO resume scandal, we grabbed 10 minutes with Chuck Wardell, the CEO of executive search firm Witt/Kieffer. Here's a lightly edited transcription of that conversation: How common is lying on your resume? Resume fraud is unfortunately very common in a couple areas. People start believing their own lies and they don't think it makes any difference. Why do people do it? Part of it's ego. Part of it is they don't think they'll get caught. Part of ...
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Yahoo Board Member Who Vetted Thompson's Resume Is Out (YHOO) Yahoo board member Patti Hart will not stand for reelection to the board this June, reports Kara Swisher. Hart was the board member charged with vetting new Yahoo CEO Scott Thompson before he was hired. Thompson was caught last week having misleading information in his bio for the past 8 years. It said he had a computer science degree when he does not. Theoretically, Hart should have checked up on every detail in Thompson's public and private bios to make sure it was all true. The resume sc...
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THE MICROSOFT INVESTOR: The Reason Microsoft Is Changing The Way Consoles Are Priced (MSFT) The Microsoft Investor is a daily report from SAI. Sign up here to receive it by email. MSFT Off With Markets The market is tanking in early trading as Greece completely melts down. Shares of MSFT are off with the rest of tech. Catalysts for the stock include Windows 8, Windows Server 8, Office 15 and Windows Phone 8; expansion in the smartphone market with primary hardware partner Nokia; strides in cloud computing; profitability in the online business, including integration of Skyp...
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This Is Your Last Chance To Pre-Order The Pebble Smartwatch That Everyone's Going Nuts For Pebble, the wildly successful smartwatch that got funded on Kickstarter, is only selling 10,000 more watches, according to an official update from the company. With 10 days left to go on its funding, we suspect that Pebble will sell out with this self-imposed ceiling. You can pick one up for $115 using this link. When it finally lands in retail stores, Pebble will cost $150, so it's a good value. We had the chance to talk to Pebble founder Eric Migicovsky yesterday, and he suspects the Kickstart...
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THE GOOGLE INVESTOR: Android Dominating The Mobile OS Market, Except In Revenue (GOOG) The Google Investor is a daily report from SAI. Sign up here to receive it by email GOOG Down With Market The market is tanking in early trading as Greece completely melts down. Shares of GOOG are off with the rest of tech. Investors continue look for Android momentum on smartphones and tablets and actually monetizing that operating system; clarity on the Motorola acquisition; regaining ground in China; the resurgence of Google TV; continued growth of YouTube; expansion of social network ...
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There's A Reason Google's Lawyers Were Laughing After Yesterday's Oracle Trial (ORCL, GOOG) When push comes to shove, Oracle isn't going to collect $1 billion, much less $6 billion from Google's use of Java in Android, concludes IT law blog Groklaw. "Don't let anyone fool you. Today was a major victory for Google. That's why after the jury left, our reporter says that Google's table was laughing, and Oracle's mighty glum," Groklaw wrote. "Remember the headlines about this being a $6 billion dollar case? It never was and now it never will be." The jury found Google partially guilty. But...
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iPod Creator Tony Fadell: Here's How You Build And Ship World-Class Products The guy who created the iPod, Tony Fadell, is currently working on remaking the thermostat at his startup, Nest Labs. Fadell recently spoke at Behance's 99% conference on creativity in New York City. He shared some insights on how to prototype, get big projects approved, and when to ignore the experts. Here's the best from his presentation, edited slightly for clarity: On creativity — and what inspires him It’s all about frustration. I look at the world and peer into products a...
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The Easy Way To Get Free Ringtones On Your iPhone (AAPL) Have you ever wanted to create your own custom ringtones for your iPhone but did not want to pay Apple $1.29? Follow this step by step guide to create your own free ringtones using any song in your library. First, you'll need: A Mac running OS X 10.5 (Leopard) or higherGarageband 4 (iLife '08) or higherYour favorite song in MP3 formatiPhone running iOS 4 or higher Open Garageband. It's the guitar icon. Name your tone and click Create. Ignore the instruments and select new project. S...
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Facebook's Back-End Plan Allowing Brands To Take Over Your Life Online Facebook engineering manager Alex Himel has been working on the social network's developer platform for the past few years. Right now, he's focusing on the Open Graph, which he calls the "future of our platform." Himel graced the stage at last week's Startup 2012 and he took the audience through a step-by-step guide to building apps on Facebook's Open Graph. Find out how you can build an awesome Facebook app and watch Himel's presentation below: <object classid="clsid:D27C...
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Dwolla Founder: I Love Iowa, But If I Could Do It All Over Again, I Would Have Moved To Silicon Valley Ben Milne is a proud Iowa resident. The CEO of a payment startup, Dwolla, he has said time and again he will always keep his company in the middle of America. But on stage last week at Startup 2012, he said something different. Finding tech talent is so difficult that, if he could do it all over again, Milne says he would have gone to Silicon Valley to recruit developers."A lot of people would get p*ssed at me for saying this, but sh*t, I would have gone to The Valley," says Milne. "Where else i...
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Apple Is Selling iPad 2s For Dirt Cheap (AAPL) The iPad 2 has only gotten more and more affordable since the release of the new iPad and now you can score one for as little as $320 for the 16 GB model. Yes, they're refurbished models, but don't let that turn you off. They come with all the same guarantees as a brand new iPad. Check out the incredibly affordable iPad 2s here > Please follow SAI: Tools on Twitter and Facebook.Join the conversation about this story »
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These Apps Are Radically Changing The Way You Interact With The World, And You Don't Even Realize It Square and Twitter co-founder Jack Dorsey said the future of apps lies in a future where apps "fade into the background." They are apps that you don't even realize you're using most of the time. They handle all of your payments without making you take out your wallet. They manage your personal connections without forcing you to jot down a phone number. They are apps that, literally, bring us further from technology than we are today. It's a future we probably can't even comprehend yet. Still, we...
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Okay, This Carrier Subsidy Problem May Be A Real Concern For Apple's Stock (AAPL) Apple's stock has pulled back sharply in recent weeks, falling ~10% from a high of $645 to $570. This is in part due to the spectacular moonshot the stock enjoyed during the fall and winter, when it blasted from $400 to nearly $650. Apple's stock has often sold off after moves like this, and the current pullback may be just more of that behavior. But, still, a change in trend like Apple's may indicate a fundamental concern. And these fundamental problems often start small and grow in importance ...
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NOKIA: The Fact That The Lumia 900 Screen Turns Purple Isn't 'Nasty,' It's A 'Minor' Problem (NOK, MSFT) Yesterday we told you about a software glitch in some Nokia Lumia 900 phones that causes the screen to display a purple tint. Nokia identified the problem and says a fix is on its way. We called the glitch "nasty." Nokia didn't like that. We woke up to this email from a Nokia rep this morning, asking for a correction: We’d appreciate a couple of corrections on your Nokia 900 story yesterday. The software glitch is minor, only on some devices and only manifests itself while on low power set...
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Here's Why Yahoo Is Doomed To Have Uninspiring CEOs Forever (YHOO) Yahoo's CEO Scott Thompson is in trouble for lying about his college degree. This has led to many people calling for Thompson to be fired. Who could replace him? It doesn't really matter. Whoever takes over the job is doomed to tread the same path of previous Yahoo CEOs like Terry Semel, Carol Bartz, and now Scott Thompson. Why? Because in the technology business, you can't have a professional CEO. You need to have a founder-visionary guiding your company. Our editor-in-chief Henry Blodget expla...
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This Nokia Lumia 900 App Is A Traveler's Dream Come True (NOK, MSFT) Nokia has released its City Lens app for Windows Phone. The app is an augmented reality "browser," of sorts -- users start the app, move the phone around, and nearby points of interest appear highlighted on the screen over the real world. If something catches your eye, you can tap its icon to read reviews or even call the location. Check out the video below to see it in action: Please follow SAI: Tools on Twitter and Facebook.Join the conversation about this story »
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Here's Why Mobile Ad Spend Won't Ever Catch Up With Eyeballs (MM, GOOG, AAPL) A version of this note recently appeared on BI Intelligence, Business Insider's internet industry market research service. If you were a subscriber, you'd already know this! Click here to find out more and sign up for a free trial → Many people think mobile advertising is a huge opportunity in part because it is the medium where ad spend is lagging the most behind time spent (see chart at right). However, it will almost certainly never catch up. But this doesn't mean it's not a big opportu...
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Hallo Berlin! Startup School General Assembly Expands To Germany This summer, startup school General Assembly (GA) will open its second international campus. GA launched in London last November; now it's headed to Berlin where it will partner with telecom company Deutsche Telekom to open a campus and offer classes on technology, design and entrepreneurship. Since it was founded in early 2011, more than 6,000 students have attended over 400 General Assembly classes and programs. Between 30 and 50 classes are offered per month in GA's New York and London ...
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THE FUTURE OF FACEBOOK: Here's What The Site Will Be Like After The IPO After spending yesterday selling itself to Wall Street investors, Facebook is set to begin trading on the NASDAQ next Friday. How will Facebook change for you, the user, once its a public company? Based on some of the company's recent history, industry trends, and Mark Zuckerberg's speeches, we think we have a pretty good idea.You'll see more ads per page. In 2009, Facebook showed 3 ads per page. In 2010, 4. Last year, that number went to 7. That number will only go up, especially with qu...
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10 Things You Need To Know This Morning (AAPL, ORCL, GOOG, YHOO) It's already a great day. Here's the news: Jeff Bezos has a pants problem. Yahoo CEO Scott Thompson finally apologized to employees for distracting them with his resume scandal. But Yahoo employees are still pretty angry. It's the future: there's an app that translates your spoken words into a foreign language. A jury decided Google did violate Oracle's copyrights when it used certain Java APIs in Android. Facebook hosted its IPO roadshow yesterday. Zuck went in a hoodie of course...
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The Real Reason Foursquare Finally Decided To Pursue Revenues Now A week ago, Foursquare announced that it would begin charging local merchants $10 for a product called "instant verification." This seemed strange to us, because while it may seems like it is always a good idea for a business to bring in new revenues, that is not actually the case. If all 750,000 Foursquare merchants signed up for instant verification (and there is basically zero chance of that happening), that would be an additional $7.5 million in one-time revenues for the startup. $7.5 millio...
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Yahoo Employees Are Angry At Thompson: 'How angry? LIVID!' (YHOO) Yahoo employees are angry, disappointed, and feeling pushed to the limit because of CEO Scott Thompson's resume scandal. For at least eight years, Thompson allowed people – employers, employees, and shareholders of eBay and Yahoo – to believe that he had a computer science degree from Stonehill College when he did not actually have one. The scandal started with an accusatory letter from Yahoo shareholder Dan Loeb last Thursday. Yesterday we asked Yahoo employees to tell h...
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Why Does Everything At Yahoo Take Forever? (YHOO) Another day, another Yahoo scandal made worse by the company's flat-footed response. Over the years, we've heard from Yahoos that it's a company full of good ideas and promising innovations strangled by layers of process. That bureaucratic tone is set from the top — by Yahoo's board of directors. Take a look at this key paragraph from a report by the WSJ about how the board reacted to revelations Thursday— THURSDAY! — that CEO Scott Thompson had lied about having a computer-sci...
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Scott Thompson Is Sorry That This Mess Is Distracting Everybody At Yahoo (YHOO) Scott Thompson must be feeling the heat from Yahoo employees who are upset he padded his resume by claiming a computer science degree. He just sent around an apologetic memo, which Kara Swisher at AllThingsD got ahold of. Note that he does not apologize for the actual indiscretion of lying (or letting an underling lie) about his experience, though. Instead, it's all about how this flap has hurt the company. The key part: As I told you on Friday, the board is reviewing the issue and I will ...
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12 Massive Changes That Will Transform The Software Industry Within 5 Years (ORCL, GOOG, MSFT) The software industry is going through the kind of perfect storm that only happens once ever 30 years. The last time this happened, it created the giants of today, like Microsoft, Oracle and SAP. It also created massive new industries — like computer security software. The same thing is happening now and in the next five years, the next crop of industry giants and new technologies will arise.Cloud computing changes how companies buy software. What's changing: Instead of spending a chunk o...
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Judge: Microsoft And Motorola Are Playing Me 'Like A Pawn' (MSFT, MMI, GOOG) A Seattle judge is upset that Microsoft and Motorola are using the courts to negotiate patent licensing fees, but he can't do anything about it. As Geekwire reports, after hearing testimony from both sides today, judge James Robart said, “The court is well aware that it is being played as a pawn in a global industry-wide business negotiation." He added that both companies' testimony "has been arbitrary, it has been arrogant, and frankly it appears to be based on hubris." Microsoft filed th...
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Jeff Bezos Wears Prada Jeans—But Doesn't Sell Them (AMZN) Jeff Bezos wears Prada jeans. He just can't sell them. Stephanie Clifford at the NYT reports Amazon.com is pushing deeper into high-end apparel, but not all brands are on board. This has been going on for a while now, but Amazon is getting really serious about it. It's hired stylists and shooting thousands of fashion photos a day. It's added brands like Vivienne Westwood and Michael Kors. And it's sending Bezos—famous for his "signature wardrobe" of light-blue shirts and blue jeans—t...
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Here's The First Ever License Plate For A Self-Driving Car The State of Nevada was the first state to approve self-driving cars on its roads, and today the state's Department of Motor Vehicles issued the first ever license plate to one of Google's self-driving cars. It's got an infinity symbol to represent the "car of the future." It's also red, to signify to other drivers they shouldn't freak out when they see nobody paying attention at the wheel. Whenever self-driving cars on on sale to the public, the license will be green. Here it is: Please follow...
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THANK GOD: There's Finally A Translation App That Works Beautifully Talking to someone who doesn't speak English? (Or a language that's other than your native language.) Well, finally, there's an app for that. Meet SayHi, a translation app that works a bit like Siri — except it translates what you are saying into a second language. The latest version of SayHi launched just about two weeks ago, and it's getting a ton of buzz in Silicon Valley. It's now the top-rated business app in the Apple App Store too. All you do is speak into your microphone, and the a...
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Facebook's Millionaire Employees Are Spending Their Fortunes On These Hot Startups When it goes public, about 1,000 current and former Facebook employees will become millionaires. Many of those millionaires are spending money on other startups, giving founders capital to get new ideas off the ground. We scrolled through a bunch of the early Facebook employees and found where they've made angel investments. Zuckerberg has only personally invested in one startup. If he's invested in more, they haven't been named publicly. Here's where Facebook employees, who are now angel invest...
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Oh Boy, There's Another Problem With Nokia's Lumia 900 Windows Phone (NOK, MSFT, T) Some units of Nokia's flagship Windows Phone, the Lumia 900, are experiencing a glitch that causes the screen to display a purple tint. The reports have been going on for awhile, and Nokia finally admitted on Twitter that the problem is caused by a software bug. CNET found the tweet. Nokia's tweet was in response to a Lumia owner complaining that he had gone through several units with the bug. Nokia says it has identified the problem and will issue another software update to fix it. This isn't t...
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UPDATE: Google Says AT&T Is Confused, It Does NOT Play Favorites With Android Updates (GOOG, T) AT&T CEO Randall Stephenson tried to blame Google for releasing Android updates to different phones on different times, saying that it was part of a "negotiated arrangement." As 9to5 Google reported earlier, an audience member at the Milken Global Conference last week asked Stephenson why some Android devices aren't updated as quickly as promised. The user said he had traded his Android devices in for an iPhone so he could have the latest operating system. Stephenson answered: So yeah it's a...
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WHAT IS THE HOLD UP YAHOO? (YHOO) We're closing in on 86 hours, or just over three and a half days since Third Point Capital revealed Yahoo's CEO Scott Thompson had a big mistake in his biography. Other than calling the mistake "an inadvertent error," Yahoo has been totally quiet on the matter. CEO Scott Thompson hasn't said anything publicly, only telling employees to keep their heads down and ignore the distraction that he created. This is absurd. Yahoo, we need to hear an explanation. And we should have heard it first thing t...
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Happiness Leads To Riches, Not The Other Way Around, Millionaire CEO Says The first thing you notice about Theresa Szczurek is how cheerful she is. And rightfully so. She's been a multimillionaire since she sold her first company, Radish Communications Systems, for $40 million in 1996 — a quick six years after she and her husband started it. She's now on her second startup, also called Radish Systems, which is growing fast and winning awards. She's what anyone would call an over-achiever (two masters degrees and a PhD). But what we love about Szczurek's story is...
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Google Looking At Big Investment In YouTube Video Creator Machinima (GOOG) Google is reportedly close to investing $30 million in Machinima, a leading creator of YouTube video content. The deal, which was first reported by AllThingsD, would mark the first time Google has made a direct investment and taken an equity stake in a producer of original content. Machinima exclusively makes videos about video games. It is the fourth-most popular channel on YouTube, with more than 4 million YouTube subscribers, and delivers more than 1.6 billion video views per month. Google di...
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Surprisingly Convincing Argument About Shopping Limitations On Amazon Why have flash sales sites like the marketplace for design products Fab.com grown so quickly? CEO and co-founder Jason Goldberg says that while Amazon is the go-to place for shoppers who know exactly what they want, Fab offers a casual, browsing shopping experience that most people can relate to. (Except for book recommendations, how often do you buy anything on a whim from Amazon?) Offering shoppers a well-curated, online marketplace for products of particular interest is why flash sales sites ...
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Apple Considering A Multiple User System For iPad (AAPL) Apple is currently investigating allowing multiple users on the iPad, reports Apple Insider. A developer filed a bug report with Apple that was really more of a suggestion, requesting that Apple implement this feature. Apple replied with an automated message saying that it was a "known issue, which is currently being investigated by engineering." A multiple user system would allow multiple people to share one iPad. After each one logs in with his credentials, he would only see his apps and data....
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10 Apps That Will Save You From Paying Out The Nose For Expensive Software Software can be expensive. Many of the most popular applications can sometimes come with a high price tag. Luckily, there are a lot of free and cheap alternatives to those premium apps. And they do the job just as well. We picked out our favorite apps that you can use to save a ton of cash.Use OpenOffice instead of Microsoft Word Microsoft knows that Office is the most popular productivity suite, the company sells a basic version of the software which includes, Word, PowerPoint, and Excel...
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AOL Ruined The Huffington Post's Business -- Starboard (AOL) AOL shareholder Starboard Value LP is attacking the company's management for running an undisciplined operation. One of its biggest exhibits to prove its case is this chart which shows how Huffington Post was a profitable operation pre-AOL, and now that it's a part of AOL is its losing money. For the whole presentation click here > Please follow SAI on Twitter and Facebook.Join the conversation about this story »
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CHART OF THE DAY: Why Facebook Is Not The Next Google (GOOG, LNKD, ZNGA) In the run up to its IPO, the company Facebook is most often compared to is Google. While they're both booming Internet companies, from a business perspective, the comparison is terrible. In this chart you can see Facebook's revenue growth is significantly weaker than Google's in the four quarters leading up to each company's IPO. (Facebook's revenue growth is worse than Zynga and LinkedIn, as well. Susquehanna put together this bunch of consumer web companies to give investors some context.) F...
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Poor John McAfee: Belize Police Arrested The Antivirus Icon And Killed His Dog A guy whose name is synonymous with antivirus software, John McAfee, had an awfully bad week. Belize police raided his home last week and killed his dog, reports Network World. McAfee was one of the first people to design antivirus software. He launched McAfee Associates in 1989. In 2010, Intel bought the company for $7.68 billion. The raid happened in the early morning and allegedly involved smashing down his doors, ransacking his property, and shooting his dog. Police confiscated a bunch ...
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If Microsoft Has Its Way, The Facebook Phone Will Be Powered By Windows (MSFT, GOOG) If Microsoft has its way, the long-awaited Facebook Phone will actually be a Windows Phone. We learned this, and everything else in this post from a single source briefed on Microsoft's mobile strategy. Though several other sources in the mobile industry described this news as plausible, logical, and even likely, none were able to fully corroborate it. So take what you read here with a grain of salt. Briefed on the details of this story, a Microsoft PR rep declined to comment on "rumors." Facebo...
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HUGE AOL SHAREHOLDER: Here's Everything Tim Armstrong Is Doing Wrong [SLIDE DECK] (AOL) One of AOL's largest shareholders, Starboard Value LP has a massive presentation on everything Tim Armstrong and co. are doing wrong. If the name Starboard sounds familiar, it's because it led the charge to get AOL to sell its patent portfolio for $1 billion. That was pretty smart! Maybe Tim Armstrong wants to listen to more advice from this group? We have Starboard's presentation embedded here. It's an entertaining read from start to finish, but if you just want the key takeaways, here they are...
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Meet The Man Behind Pebble, The Smart Watch You Didn't Even Know You Wanted (AAPL, GOOG) Eric Migicovsky is the creator of Pebble, a wearable gizmo that pairs with your smartphone via Bluetooth to make watches more functional than ever before. Pebble is also the latest Kickstarter project to prove itself a major hit. With an initial fundraising goal of $100,000, the Pebble team has raised more $8.9 million so far. (And there's still a week and a half left to go.) Pebble has a lot of people in the tech world buzzing with excitement. Not just because of the project's impressive fund-r...
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DEVELOPERS: Here's The Only Thing We're Worried About With Apple's Rumored 4-Inch iPhone (AAPL) Apple is planning to make the next iPhone's screen a little bigger, according to several recent reports. The latest rumors suggest the new iPhone will have a 4-inch screen, up from the current 3.5-inch screen. Apple is expected to make the iPhone screen taller, but not wider. This would mark the first time Apple changed the dimensions of the iPhone's screen and there are concerns that it could cause fragmentation issues for developers. Business Insider reached out to several prominent app ...
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Payment Processing Giant Verifone Strikes Back Against Square (PAY) Tomorrow, Verifone will introduce a mobile credit card reader, the SAIL, that plugs into the iPhone and iPad to let very small businesses and sole proprietors take credit card payments. If that sounds familiar, it should. It's basically what Square has been doing for more than a year. But while Square is an upstart who had no reputation or sales force when it started more than a year ago, Verifone already has relationships with millions of businesses. Now it's trying to protect its turf by expan...
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Hey Yahoos, Just How Angry Are You About Thompson's Fake CS Degree? (YHOO) How angry are Yahoo employees over Scott Thompson lying on his resume? Reports are: very. We're curious. Let us know: nicholas@businessinsider.com or 646 376 6014. We'll keep you anonymous. Please follow SAI on Twitter and Facebook.Join the conversation about this story »
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Tired Of Your iPhone's Autocorrect? Here's How To Fix It (AAPL) If you have ever mistakenly rejected your iPhone's keyboard suggestions, then chances are you've been annoyed by an incorrect word later being placed in your messages, notes, or emails. The iPhone uses a unique dictionary. Unfortunately, you can't edit the dictionary directly, but you can add things to it. When you type a word that the phone thinks is wrong, it proposes a suggested word. The second time that you reject a proposed word with the same word, the iPhone assumes that this word is corr...
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GOOGLE FOUND PARTLY GUILTY (GOOG, ORCL) A jury has found that Google did violate Oracle's copyrights when it used certain Java APIs in Android. But the jury couldn't decide whether Google's use of these APIs should be considered fair use. That's a critical question, and Google is asking for a mistrial because they couldn't decide. The judge punted on that deadlock, and decided to move on to the next patent infringement phase of the trial immediately -- without even a recess. The fair use question will have to be answered before damage...
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Are You A Social Media Power User? Please Take Our Short Survey Do you Tweet, Pin, and Tumble before your morning coffee? Compulsively check your wall and your Klout score throughout the day? We have a sneaking suspicion that you do. We'd like to find out just how addicted to social media you are as well as your level of influence in the social sphere. Please take our short survey and we promise to share results! Oh, and if you retweet this you'll be entered to win an iTunes gift card. Thanks in advance. Click here to take the survey > Please f...
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This Is What It Was Like Inside The Room Where Mark Zuckerberg Just Spoke To Potential Investors The Facebook roadshow meeting in New York just wrapped up. A source who was there, who asked not to be identified, let us use the following picture of Zuck on a big screen, a big pitcher of ice tea, and Sheryl Sandburg sitting on a couch. All in all, it sounds like it went fine. In terms of mood and questions, this was the source's impression of Zuck, and how things went. Over now. Started an hour late. Played the video from the web. Time for 8 qs only. Said if he had the chance he'd do the inst...
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Startup Co-Working Space WeWork Labs Heads To The West Coast, Opens Up Shop In San Francisco WeWork Labs opened its doors to New York City entrepreneurs in April 2011. For $250 per month, they could raid WeWork's fridges, drink its kegs, and build companies. The co-working space was an instant hit. It now houses more than 200 entrepreneurs who are working on more than 100 companies. On May 14, WeWork Labs is going bi-coastal. It's opening a space in San Francisco on 156 2nd Street. The space will be two floors and will hold approximately 100 people, co-founder Matt Shampine ...
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These Walmart Customers Say They Bought iPads, But All They Found In The Boxes Was Paper A few scattered Walmart customers say they found something unexpected when they opened their iPad 3 boxes, reports Ron Savage at myFOXDetroit. One customer in Michigan bought her iPad 3 from a Walmart and found nothing in the box but yellow notepads. When she went back to the store, the manager explained to her that "even if I didn't break the seal on the box. Once I bought it and walked out the door, it was mine." Walmart management called police, and they said the woman's story wasn'...
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Google's Got Microsoft In A Headlock: Pay $4 Billion A Year Or Stop Selling Xbox (GOOG, MSFT) The game Google is playing in court against Microsoft is absolutely brilliant. Today a judge will hear a case between Motorola Mobility and Microsoft, reports Reuters. Microsoft says that Motorola Mobility wants to charge it $4 billion A YEAR in royalties for patents Motorola holds on WiFi and video technology. Microsoft says those fees are unfair. Here's what's at stake: Billions of dollars in money paid from Microsoft to Motorola and eventually, Google.The ability for other companies, like...
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7 Rules For Doing Business When Competition Comes From Everywhere This Series On The Future Of The Workplace Is Brought To You By Cognizant. What industry do you work in? Are you sure? Thanks to the rapid pace of innovation lead by the tech industry, there are now so many creative ways to run a business that "the whole idea of industry classification is falling apart," declares international business model expert Dr. Alexander Osterwalder. It used to be that every industry had one main business model and could figure out its competitors. Banks collected fees a...
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This Is What The Apple TV Will Look Like, According To The Latest Report (AAPL) The Apple TV will look just like one of Apple's LED Cinema Displays, Leander Kahney at Cult of Mac reports, citing a single anonymous source. Kahney's source claims to have seen the Apple TV. This source also says, the TV will have Siri and FaceTime. Below, we have a mock up of what the TV will look like according to this source. It was made for Cult of Mac, and they have more images > Here's Cult of Mac's mockup of what the new TV will look like: Please follow SAI on Twitter and Facebook.Jo...
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Here Are The Key Takeaways From My 5,000-Word Article About Mark Zuckerberg I've gotten a lot of very kind feedback about the 5,000-word article New York Magazine asked me to write about Mark Zuckerberg (thank you!). I've also heard from folks who don't have time to read 5,000 words. For those folks--thank you for your interest!--here's a ~500-word summary. And for folks who don't have time to read ~500 words, here are the two key points: It turns out that Mark Zuckerberg is a great CEO--one of the two best in the tech industry (Jeff Bezos is the other). Why? A combina...
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13 Ways To Make Your Mac Run Faster Right Now (AAPL) Macs are expensive. If you throw down good money for one of your own, you probably don't want to replace it every year. Here are a few suggestions to make sure you get more life out of your computer and keep it running in tip-top shape.Remove apps you don't use anymore Browse your Applications folder and see if there are any programs in there you don't use anymore. If so, use an uninstaller to get rid of them and free up hard disk space. We recommend AppZapper to help with the uninstalls. Free ...
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Yahoo CEO Scott Thompson May Get Fired For Another Reason Than Lying Activist Yahoo shareholder Dan Loeb recently discovered that CEO Scott Thompson has been lying about his college degree. Throughout his entire career, which includes stops at PayPal and eBay, Thompson put on his resume that he has a bachelor's degree in accounting and computer science. In reality, though, Thompson only has a degree in accounting – not computer science. Now, employee morale at Yahoo is down and an overwhelming majority of our readers think Thompson should be fire...
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SPOTTED: Mark Zuckerberg Shows Up For His Big IPO Roadshow In His Hoodie Mark Zuckerberg did show up to meet with investors today, and naturally, he's wearing a hoodie. Here is CNBC's video of Zuckerberg jumping out of the car to enter the meeting. (He's in video around 2:22 mark.) Below the video, we have some blurry screen caps. In the foreground you can see CFO David Ebersman. If you scroll down this post, you can see Sheryl Sandberg... And here's a photo of Sheryl Sandberg from Fox Business reporter Shibani Joshi on Twitter: Please follow SAI on Twitter and ...
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Yes, Groupon Is Enjoying Your Speculation As To Why Its CEO's Salary Is $756.72 (GRPN) We recently noted that Groupon CEO Andrew Mason has an odd official salary: He took only $756.72 in cash last year. (He's mostly paid in stock, of course.) We asked Groupon how it arrived at that number for Mason, and it turns out that the company prefers the mystery. A spokesperson emailed us this: "As for how he arrived at $757, the guesses are far more entertaining than the truth! ;)" One Business Insider reader commented: My guess is if you put this all in an accounting system, someone who m...
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3-Person Startup Gumroad Raises $7 Million Series A from Kleiner Perkins Sahil Lavingia is only 19, but he hasn't had much trouble raising money for his startup, Gumroad. After about four days of pounding the pavement and hacking together a working prototype, the former Pinterest employee raised $1.1 million. It was announced in February. Now, after spending less than 24 hours formally meeting with investors, Gumroad is announcing a $7 million Series A round led by Kleiner Perkins Caufield & Byers. Mike Abbott is joining the board. CrunchFund is in th...
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NEW DAN LOEB LETTER: We Want To See Everything (YHOO) Dan Loeb at Third Point has hit Yahoo with a demand to see all documents related to the hiring of CEO Scott Thompson. We have the full letter embedded below. Third Point LLC sent Yahoo! a demand today pursuant to Section 220(b) of the Delaware General Corporation Law to inspect books and records relating to the hiring of CEO Scott Thompson, the appointment of Patti Hart to the Yahoo! Board, and the selection of Board Members Peter Liguori, John Hayes, Thomas McInerney, Maynard Webb, Jr., a...
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This Is Penultimate, The Newest App In Evernote's $1 Billion Business Evernote just added the popular iPad app Penultimate to its roster of tools. Penultimate is a simple writing and doodling app that has been near the top of the App Store's paid apps since it launched in April 2010. The app lets you use your finger or stylus to take notes. You can also import photos and back everything up to your Dropbox and/or Evernote account. Since Evernote likes its products to be on every platform available, we're expecting Penultimate to make its way to Android tablets and ...
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A Really Good Mobile App Will Crush Your Mobile Website (AAPL, GOOG) Analytics company ComScore released an interesting, though somewhat inconclusive, report on time spent in mobile applications on smartphones. The startling headline stat that jumps out is 82% of time spent on mobile is inside of applications. This would confirm what a lot of people think -- applications are killing the web. However, if you drill in a little deeper, it's not so clear cut. ComScore surveyed users to see how they use certain applications versus websites. For instance, Facebook's us...
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Check Out The Huge Line Of Investors Trying To Get Into The Facebook Roadshow Meeting Just tweeted by CNBC's Kayla Tausche, a big line of investors in New York trying to get into see Zuck at the Facebook roadshow. Says Tausche: "If youre in NYC and want to invest in #FacebookIPO... Take a number." Please follow SAI on Twitter and Facebook.Join the conversation about this story »
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