10 years ago, some Silicon Valley types weren’t convinced Google stock would perform well.
Quotes from a New York Times story on Google’s forthcoming IPO, 6 August 2004:
- "I’m not buying. Past experience leaves the taste that a few people — never ourselves — will make out the first day, but that it’s not likely to appreciate a lot in the near future or maybe even the long future." — STEVE WOZNIAK, Apple co-founder
- "I wouldn’t be buying Google stock, and I don’t know anyone who would." — JERRY KAPLAN, entrepreneur
- "You can’t hide the fact that (Google) is slowing down. There was a year of hyper-growth, and then it rolled over." — ANDY KESSLER, Wall Street analyst
- "I think Google isn’t doing what it needs to do to help the country. For a while I thought it was an absurdist play titled ‘Waiting for Google.’ Everyone was sitting around thinking it was going to save the industry, but it’s not." — MOSES MA, investment executive
- "My sanity test was to ask, ‘What are the chances in the next 18 months Google’s stock price will be half of what it was on the day it went on sale? I think there are three chances in four that will be true." — MITCHELL KAPOR, head of the Open Source Application Foundation.
“Michael Jackson made a very creepy return to the stage… as a hologram.”
A CNN anchor introduced the story about the Michael Jackson hologram thusly.
How soon they forget.
The US Justice Department is charging figures linked to the Chinese military with stealing US trade secrets, in an escalation of tensions with China over economic espionage.
Suspicions about extensive corporate data theft have swirled around China for years, but never before has the US formally accused the People’s Liberation Army with criminal activity.
Last year, a report by the information security firm Mandiant concluded that a unit of the PLA, known as Unit 61398, was likely behind data theft comprising hundreds of terabytes. It found that the scale of the espionage was unlikely to have occurred without government sponsorship.
But it is unlikely that the US accusation will result in placing Chinese officials in custody, and some diplomatic risk is likely. James Lewis, a cybersecurity expert at the Center for Strategic and International Studies, said the effect would be “intangible” but the formal accusation “sends a strong message” to Beijing.
The cybercrime accusations come as the disclosures surrounding the National Security Agency indicate that at least some US surveillance redounds to America’s economic benefit.”
The Guardian, "U.S. to Bring Criminal Charges Against Chinese Officials in Espionage Probe."
This should do as much as the sanctions against Russia have done in re: the Ukraine.
E.T. PWN HOME A bunch of people went looking in a landfill for the worst video game ever made. And they found it.(Photo: Reuters via The New York Post)
AMIGART Seen above is one of dozens of never-before-seen Andy Warhol works, discovered on floppy disks from 1985 by a team from Carnegie Mellon University. The works — some digitally signed by the artist — were extracted from 30-year-old Amiga computer disks in collection of Pittsburgh’s Andy Warhol Museum. (Caption and image via Rolling Stone)
Why aren’t more people talking about how someone was able to game Facebook’s new “Trending” feature with the false news of Wayne Knight’s demise?
Yahoo on Tuesday answered the question about what the company intends to do with Tumblr.
CEO Marissa Mayer announced at the company’s CES event on Tuesday the introduction of Yahoo Advertising, a united platform for that will simplify the purchase of ads on Yahoo’s various properties including Tumblr.
"The new Yahoo Advertising includes a comprehensive suite of web, mobile, and video ad products across native, audience, and premium display, which are accessible through a new buying platform. These products are supported by Yahoo’s data and analytical tools, with insights into the daily digital habits of more than 800 million people worldwide," Yahoo wrote in a blog post.
Analytics had been a sore point for Tumblr. Until now, marketers haven’t had the ability to buy by gender or location. In addition, advertisers will only have to pay when their Tumblr ad is reblogged, liked or followed or if there’s a direct click to the ad.
David Karp, who founded Tumblr and is now working under Mayer, also made an appearance where he noted that Tumblr’s sponsored posts, which have shown early success since their introduction in 2012, will be under the umbrella of the new ad platform.”
Mashable, "Marissa Mayer Reveals The Future of Yahoo Advertising."
So I guess Mazda won’t be paying me for posts like this.
After this embarrassment of a performance by director Michael Bay at the CES, in which Bay’s teleprompter failed right before the start of a presentation for Samsung, leading him to walk off the stage in a huff, one wonders how Mr. Bay would handle, say, the polar vortex. (via The Telegraph)