Tech News – July 11th 2012 to July 14th 2012
Tech news – July 11th 2012 to July 14th 2012:
- Vinod Khosla: Maintain the Silicon Valley Vision – NYTimes.com-
Vinod Khosla, the prominent venture capitalist, says Silicon Valley is in danger of losing its way if a Wall Street mentality takes hold. “You want missionaries, not mercenaries,” he writes in a guest post. - In Memoriam: Even in losing, how Digg won — Tech News and Analysis-
The Digg Townhall meeting broadcast live from the Democratic National Convention in Denver, Colorado. 2008. Photo courtesy of Eric Magnuson, via Flickr
Having spent a major part of the week sitting on a beach, practically disconnected to the incessant drumbeat of the news cycle, it was hardly surprising that I missed yesterday’s hoopla about Digg (or whatever was left of it) being acquired by Betaworks for around $500,000 and some equity. Betaworks is going to use the brand (and its traffic) to… show all text - Announcing an audacious proposal by Dalton Caldwell-
The overwhelmingly positive response to my blogpost, What Twitter could have been has been inspiring. The post has generated 80K pageviews thus far. Without really meaning to, I touched a nerve.
The responses to my post largely fell into two camps. One group is of the belief that a non-commercial, open source, open standards federation of real-time protocols is the solution. The opposing group has pointed out that these decentralized efforts never work out, and the API-focused service I wish ex… show all text - Digg Sold To LinkedIn AND The Washington Post And Betaworks | TechCrunch-
Sun Valley and self-driving cars aside, the story of the day today is that social news site Digg has sold its remaining assets for $500K to the NYC-based tech firm Betaworks. While that number is indeed in the ballpark, we’re hearing from multiple sources that the total price of the Digg acquisition was around $16 million, including the price paid for IP by a previously unreported acquirer, LinkedIn.
According to a familiar source, the Washington Post ended up paying $12 million for the Digg te… show all text - Once a Social Media Star, Digg Sells for $500,000 to Betaworks – WSJ.com-
Betaworks has agreed to buy news-sharing website Digg, in an attempt to revive a company that was early to social media but outmaneuvered by rivals like Facebook and Twitter. - Why There Are Too Many Patents in America – Richard A. Posner – The Atlantic-
Having just dismissed a high-profile patent suit between Apple and Motorola, one of our leading jurists discusses the problems plaguing America’s intellectual property system. - Hackers expose 453,000 credentials allegedly taken from Yahoo service | Ars Technica-
Hackers posted what appear to be login credentials for more than 453,000 user accounts that they said they retrieved in plaintext from an unidentified service on Yahoo.
The dump, posted on a public website by a hacking collective known as D33Ds Company, said it penetrated the Yahoo subdomain using what’s known as a union-based SQL injection. The hacking technique preys on poorly secured web applications that don’t properly scrutinize text entered into search boxes and other user input fields. By show all text - Columbia University Names Sree Sreenivasan First Chief Digital Officer – Arik Hesseldahl – News – AllThingsD-
If you know anyone in the New York media scene, then you either know Sree, or you know someone who does. And more often than not, you need only mention him by his first name: Once you and another person establish that you both know Sree, you’re already more than halfway to being friends.
For those who don’t know him, Sree or @sreeon Twitter is Sreenath Sreenivasan, who has been during the 15 years I’ve known him, a hyperconnected, seemingly permanent fixture at Columbia University’s Graduate S… show all text - Tweetbot for Mac — Tapbots Blog-
It’s finally here! (sort of)
Tweetbot for Mac is finally available! However it may not be quite as you had hoped. Developing for the Mac is no easy task, especially a full-featured Twitter client. However, we’ve gotten to a point where while not complete, it is useable. We’ve decided to release it as a public alpha to a) motivate us to finish faster, and b) get feedback to help us build the best Mac incarnation of Tweetbot we can make. You can love it or hate it, but rest assured it will only g… show all text - Netflix’s lost year: The inside story of the price-hike train wreck | Internet & Media – CNET News-
One year ago tomorrow, CEO Reed Hastings took the first of a series of missteps that angered customers and nearly derailed his company. Current and former employees disclose what went wrong. [Read more]
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