Steve Case says tech is on the brink of a Third Wave. The first wave took 15 years as millions of people got connected online, enabled by the likes of AOL and Cisco. The second wave came as companies like Salesforce.com and Google built products on top of that spreading Internet platform. The Third Wave […]
Surfing the Next Wave, Part 2 Read More »
And now to bring it all home… THEME #4: What’s an Incumbent to Do? Steve Case speaks from experience: “The mistake is not that companies don’t have a sense of where the world is going,” he says, “it’s that they don’t put enough resources against that initiative and the best people against that initiative.” He
Surfing the Next Wave, Part 3 Read More »
Ah creative destruction, ain’t it grand? We have seen this economic force, championed almost a centruy ago by the Austrian economist Joseph Schumpeter, chew up dozens if not hundreds of industries and shake up, realign or otherwise wipe out millions of jobs in recent decades. The Internet wave and Moore’s Law of computing power have accelerated,
Indiscriminate Destruction Read More »
At 11 o’clock this morning the nine Justices of the Supreme Court of the United States are set to hear arguments in a case that could determine whether content remains king—or loses a cornerstone of copyright protection, toppling an economic underpinning of the entire entertainment business. The case is American Broadcasting Cos. vs. Aereo Inc.
Aereo and The Supremes Read More »
Zuckie has done it again! With Facebook’s latest crazy acquisition—$2 billion in cash and stock for a virtual-reality goggles startup that has neither revenue nor even customers—it is now official: There isn’t a stock-market bubble, but Facebook itself is a bubble. Mark Zuckerberg’s buying binge looks like a disjointed food-fight strategy funded by Monopoly money:
Facebook’s Virtual Unreality Read More »
This cartoon by Bruce Eric Kaplan in the January 20, 2014 issue of The New Yorker says it all. Never before in the history of mankind and communication have so many little people been granted so large a platform to air and share their views. The Internet revolution should have spawned a Renaissance of insight
The Outrage Brigade Read More »
Senator Dianne Feinstein of California must be suffering from whiplash. For months she has defended the NSA’s mass surveillance of billions of phone calls, e-mails, video chats and more, saying it safeguards the nation. “What keeps me up at night, candidly, is another attack against the United States. And I see enough of the threat
Hello guys. Today starts Week 5 of my first-ever stint in the ranks of The Unemployed. So this pretty much makes me an expert, right? Journos are like that. A month of furious outreach has yielded a passel of no’s and a foreboding sense that this could take longer than expected.
Oh now isn’t this rich: The SEC, stung by its failures in the biggest scam of all time (the Bernard Madoff Ponzi scheme), is hellbent on a search-and-destroy mission to mete out and vanquish all insider trading. Now a new report shows SEC staffers themselves are extremely effective insider traders. Researchers looked at 56 enforcement
SEC: The Ultimate Insider Read More »
A lot more is at stake than mere money in Comcast’s bold $45 billion bear hug of Time Warner Cable. It is a bid to amass the largest collection of cable systems in the world; a battle for clout against the broadcast networks and other content-makers; and a test of efforts to restrict cable with
Comcast Bid: Ego, Cash & Golf with Obama Read More »