The spirit of Project Alesia, News Corp’s iPad news aggregator, is alive and well, according to James Murdoch.
The London-based venture was reportedly put “on hold” last month, after it failed to attract other newspapers to the platform, who were not falling over themselves to be aggregated by News Corp.
But speaking at the Morgan Stanley TMT conference in Barcelona on Wednesday, Mr Murdoch – chief executive of News Corp Europe and Asia – said that bundles were still very much part of his digital vision, on the iPad and beyond. Read more
Google and Facebook have ceased to innovate, according to venture capitalist Fred Wilson, an allegation that John Doerr, a rival VC and Google board member, found hard to refute at the Web 2.0 Summit in San Francisco.
Mr Wilson (pictured right, photo courtesy of Web 2.0 Summit), author of the popular A VC blog and a managing partner at Union Square Ventures, said Google had not come up with anything truly transformative that was a home-grown product since Gmail, introduced in 2004. It had relied on acquisitions instead to develop new services. Read more
Green energy is often seen as the next gold mine for US innovation and entrepreneurship – following Silicon Valley’s successes in software and the internet – but it is a costly and complex business.
At a General Electric event in New York this morning, I was struck by a figure quoted by Jeff Immelt, GE’s chief executive – that a single solar panel plant costs as much to build as the entire venture capital investment in Google. Read more