For MySpace, Making Friends Was Easy. Big Profit Is Tougher.
Now MySpace has a new owner — Rupert Murdoch's News Corporation, which bought MySpace and Intermix last year for $649 million — and the pressure on Mr. DeWolfe to find a way to make much more money from MySpace is far greater.
Facebook raises $25 million
Business Week reported the company had turned down a buyout offer for $750 million and was looking for as much as $2 billion
In Silicon Valley, a Man Without a Patent
… a Silicon Valley entrepreneur who came up with an idea that resulted in a $612.5 million payday. But he will never see a penny of it …
Garry Kasparov launches – a new search engine
http://www.chessbase.com/newsdetail.asp?newsid=2998
For the initial launch it was former US President Bill Clinton who took center stage. This time Accoona, a search engine company that has set itself the goal to challenge the supremacy of Google, asked former world chess champion Garry Kasparov to do the honours. Kasparov introduced what he called this new hitchhiker's guide to cyberspace.
FIDE’s April 2006 ratings without Kasparov
It seems Kasparov retirement has boldened others to cross the 2800 line. Topalov and Anand deserve it.
http://www.chessbase.com/newsdetail.asp?newsid=3016
Web 2.0’s Startup Fever
http://www.technologyreview.com/InfoTech/wtr_16688,300,p1.html
This explosion of new Web sites — a phenomenon often dubbed "Web 2.0" — is great for all kinds of Internet users. But how long can this new crop of startups survive without charging for their products?
Cell phone service offers to put your family on the map
Technology lets parents locate their kids using GPS
http://www.mercurynews.com/mld/mercurynews/business/technology/14341941.htm
A central question is whether the service will spur useful conversation between parent and child about personal security or create family tensions over parents tracking or controlling their kids.
Larry Ellison on Open Source
"There's a lot of romantic notions about open source. That just from the air these developers contribute and don't charge. Let me tell you the names of the companies that developed Linux: IBM, Intel, Oracle — not a community of people who think everything should be free. Open source is not a communist movement."
Oracle CEO Larry Ellison
http://www.linuxworld.com.au/index.php/id;473807702;fp;2;fpid;1
Software Engineers Top List of Best Jobs
Money magazine named software engineering the best job area in the country, based on healthy growth prospects, room for creativity, and compensation … college professors have the second-best job in the country, with an average work week of 30 hours and the most annual vacations days at 31.
Wireless Sensing Spawns the Connected World
I get too many articles on sensor networks these days that it deserves its own category.
Innovations in sensing, wireless communications, and computing technologies foreshadow ultra-intelligent environments and enhanced lifestyles.
http://www.elecdesign.com/Articles/Index.cfm?AD=1&ArticleID=12203
The cell phone will play an important role in the real-world application of many of these scenarios. Customers could use their phone, for instance, to pay for food at the grocery store, eliminating the need to carry cash or a credit card.
