A big hacking arrest and a PayPal boycott
As UK police said they arrested the alleged second of four co-founders of the hacking supergroup Lulz Security, one of those still at large branched out into a legal form of protest, promoting a boycott of PayPal. Read more
Nebula attracts star investor cloud
The last space shuttle has flown and instead of reaching for the stars, some former Nasa employees are reaching for the clouds instead with new startups. The latest, Nebula, emerged from stealth mode this morning, led by Chris Kemp, Nasa’s chief technology officer until last March, and funded by an impressive list of investors – Google’s original backers and VC firms Kleiner Perkins Caufield & Byers and Highland Capital Partners. Read more
I used to think Mark Zuckerberg’s achievement with Facebook was a fabulous inspiration to entrepreneurs everywhere. Now I’m not so sure.
I’m not referring to his alleged ethical failings, as highlighted in The Social Network. Rather, I am concerned that he sets an example of meteoric success that virtually no one else will ever be able to repeat. But wannabes are trying to copy him, and consequently squandering their careers on false hopes. Read more
Tech news from around the web:
Fox Broadcasting is to impose an eight-day delay on TV episodes it previously made available on its website and Hulu.com 24 hours after their initial broadcast unless the viewer is a subscriber to a participating multichannel distributor, Variety.com reports. Users logging on to either Hulu.com or the broadcaster’s site will have provide proof of their subscription to watch a programme such as The Simpsons and Family Guy the day after it is broadcast. Read more
EA sees 10x interest in Battlefield 3
A bit of a shooting match is shaping up in the video game business for later this year as Electronic Arts continues to sound bullish about Battlefield 3, a title that will take on Activision Blizzard’s Call of Duty: Modern Warfare 3 during the holiday season. EA said during its earnings announcement on Tuesday that preorders for the title were 10 times that of its predecessor, Battlefield Bad Company 2, which has sold more than 9m units to date. Read more
| About this blog | Blog guide |
Richard Waters has headed the FT's San Francisco bureau since 2002 and covers Google and Microsoft, among other things. A former New York bureau chief for the FT, he is intrigued by Silicon Valley's unique financial and business culture, and is looking forward to covering his second Tech Bust.
Chris Nuttall has been online and messing around with computers for more than 20 years and since 2004 has reported from the FT's San Francisco bureau on semiconductors, video games, consumer electronics and all things interwebby.
Maija Palmer has been writing about technology for the FT since 1999 and is fascinated by cybercrime, privacy and all the other issues of the information society. Based in London, she covers European tech companies and hopes that they won't all get acquired by American rivals.
Robin Kwong is the FT's technology, media and telecoms page editor in London. Formerly he was the Taipei correspondent and wrote about the companies that manufacture the vast majority of the world's computers and gadgets. He is interested in the intricacies of the technology supply chain and how China is increasingly changing the tech landscape.
Tim Bradshaw is the FT's digital media correspondent, and has just moved from London to join our team in San Francisco. He has covered start-ups such as Twitter and Spotify, as well as the online ambitions of more established media companies, such as the BBC iPlayer. He also covers the advertising, marketing and video-game industries. Tim has been writing about technology, business and finance since 2003.
