Stephen Elop seems to suffer as many unfortunate events as Lemony Snicket when it comes to keeping Nokia’s business private. First there was his “burning platform” memo that leaked in February and now the Web is ablaze with the chief executive’s failed attempt to keep Nokia’s first Windows phone under wraps. Read more
When you’re worth $17bn, you can afford to be misunderstood, writes Richard Waters in the Inside Business column.
Not that Jeff Bezos, chief executive of Amazon, felt constrained about thumbing his nose at Wall Street even before his personal stake in the company came to be valued that highly. From the time of the dotcom bust – when his company was chastised for spending excessively on a reckless dash for growth – to the more recent move into cloud computing, Mr Bezos has taken his knocks. Read more
The news was dominated on Wednesday by reports of the arrest of a suspected British teenage computer hacker, in connection with a range of security breaches including attacks on the website of the CIA and the UK’s Serious Organised Crime Agency, writes John Reid, a former British cabinet minister and co-author of ‘Cyber Doctrine’ published later this month. We can expect many more such events as our security agencies struggle to address the challenges of cyberspace.
Continue reading “Our salt risks draining into cyberspace” Read more
Tech news from around the web:
PopCap Games, the US company behind such online gaming hits as Plants vs Zombies and Bejeweled, is in the process of being acquired, according to Techcrunch. Although a buyer has yet to be identified, Techcrunch has heard that the price is over $1bn.
Mobile social shopping group Foursquare is to set to unveil its a partnership with American Express, The New York Times reports. The agreement will offer discounts to cardholders when they check in on their cellphone at certain shops and restaurants. Read more