Monthly Archives: April 2011

Richard Waters

For a sign of the times, this chart is striking.

After more than a decade and a half, IBM looks like it is about to pass Microsoft once again in stock market value, something that would put it second only to Apple in terms of tech valuations. 

Tech news from around the web:

  • Music streaming service Spotify is in the process of negotiating a number of deals with major movie studios to offer users movies as well as music, TechCrunch reports.  The service is seeking to offer users movies just a couple of weeks after they’ve been in theatres – earlier than the deals negotiated by the movie studios and providers such as YouTube and NetFlix.


Tech news from around the web:

  • Navigation device group TomTom has apologised for supplying driving data collected from customers to police to use in catching speeding motorists, The Register reports. The data, including speed, had been sold to authorities in the Netherlands to help police set speed traps. ‘We never foresaw this kind of use and many of our clients are not happy about it,’ chief executive Harold Goddijn wrote in an e-mail to customers.


Richard Waters

You would never accuse Alfred Chuang of a lack of ambition. Having sold BEA Systems to Oracle for $8.5bn, he is back in business for himself – with $10.6m in his pocket from Andreessen Horowitz and a goal of transforming the way business applications are written. 

Last year, 23m flat-screen television sets were sold in Japan. This year, according to AU Optronics, the third biggest flat panel maker in the world, there may only be 12m unit sold.

Impact from the earthquake and tsunami? The spirit of jishuku, or self-restraint, sweeping through Japanese consumers? Neither, says Paul Peng, executive vice-president of AUO. Rather, it is the end of the Y290bn ‘eco-point‘ stimulus programme that is threatening TV demand in Japan. 

Richard Waters

Are Chad Hurley and Steve Chen itching for another shot at the big time? That was the heavy hint the YouTube founders dropped on Wednesday as they stepped in to save Delicious (Yahoo botched its handling of the former Web 2.0 darling in December, provoking an outcry when it implied that it might consider closing the service. It eventually saying that it would look for a sale.) 

Leading European telecoms companies want to levy significant charges on Google and other online content providers through an overhaul of the regime governing how data travel over the internet.

Operators in Europe complain that they are contending with an explosion of data on their networks, much of which comes from US sites such as Google’s YouTube video service. 

Why would two entrepreneurs in their early 20s choose to start a business that pits them against giant rivals with billions of dollars to burn and every reason to fight hard for new markets they believe are strategically important?

Continue reading: “Stand out from the cloud crowd”

Tech news from around the web:

  • A handful of venture capital firms and other companies are expected to make offers to News Corp for MySpace, Mashable reports. Redscout Ventures, Thomas H. Lee Partners, and Criterion Capital Partners LLC , which also owns Bebo, have been named as potential suitors for the troubled social network site which is expected to fetch $100m.


More than 70m users of Sony’s online gaming network have had their names, e-mail addresses and passwords stolen by a hacker in one of the largest privacy breaches to date.