Yesterday, an enterprising clown used PRWeb to publish a fake press release about the purported purchasing of WiFi provider ICOA by Google for $400 million. The Associated Press, Business Insider, Forbes, TechCrunch and other websites ran stories about the transaction — without gaining confirmation from Google — and shortly after AllThingsD unmasked the release as fraudulent, the hoodwinked news o
Back in March, I worried that Kickstarter was morphing into SkyMall for Vaporware. " data-share-img="" data-share="twitter,facebook,linkedin,reddit,google,mail" data-share-count="false"> Back in March, I worried that Kickstarter was morphing into SkyMall for Vaporware. While Kickstarter is great for creative projects which can be realized by small teams, so far there’s zero evidence that it’s a go
Facebook has now gone through its first trial by fire as a public company, slightly exceeding revenue expectations (with $1.18 billion) but showing a big loss in its first reported quarter ($157 million). Facebook shares were pummeled in after-hours trading; the company’s market cap has been slashed in half in just 10 weeks. This is a bad, bad situation for Facebook’s early shareholders, 97% of wh
Count me in with Robert Cyran: there's something a little evil about the way that Google is splitting its stock, and in so doing creating a whole new class of non-voting shares. " data-share-img="" data-share="twitter,facebook,linkedin,reddit,google,mail" data-share-count="false"> Count me in with Robert Cyran: there’s something a little evil about the way that Google is splitting its stock, and i
Robert Reich has some very good questions about Sebastian Thrun's new online university, Udacity, which I wrote about last week. I spoke to Thrun yesterday, so I took the opportunity to clear them up. " data-share-img="" data-share="twitter,facebook,linkedin,reddit,google,mail" data-share-count="false"> Robert Reich has three very good questions about Sebastian Thrun’s new online university, Udaci
The most exciting (but also, in a small way, slightly depressing) presentation at DLD this year came from Sebastian Thrun, of Stanford and Google. Or formerly of Stanford, anyway. " data-share-img="" data-share="twitter,facebook,linkedin,reddit,google,mail" data-share-count="false"> The most exciting (but also, in a small way, slightly depressing) presentation at DLD this year came from Sebastian
By David Gray Along the road to one of China’s most famous tourist landmarks – the Great Wall of China – sits what could potentially have been another such tourist destination, but now stands as an example of modern-day China and the problems facing it. Situated on an area of around 100 acres, and 45 minutes drive from the center of Beijing, are the ruins of ‘Wonderland’. Construction stopped more
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