Daily Archives: February 22, 2013

Twitter co-founder Evan Williams is building his current start-up with a completely different business – and spiritual – structure in mind.

The freewheeling, non-hierarchical organisation popular in Silicon Valley technology companies is not the order of the day at Obvious Corporation, the re-launched incubator and web publishing platform Mr Williams founded with comrades Biz Stone and Jason Goldman in the pre-Twitter days.

“People romanticise start-up culture,” he said, speaking at the Wisdom 2.0 Conference in San Francisco on Friday. “People think: Freedom! No job descriptions! Damn with the rules! Actually, it creates tons of anxiety and inefficiency.” Read more

Richard Waters

IBM has a tried and trusted method for turbo-charging its growth in promising new IT markets: rebrand its existing efforts in the field in question, boast about all the investments it’s already made – and then promise to double them.

Analytics, security and ecommerce have all come in for this kind of treatment, making them bright spots in an otherwise low-growth company. Now it’s the turn of mobile computing. Read more

Tim Bradshaw

Wooga, the social games developer behind Diamond Dash and Monster World, said it was profitable last year, but indicated that it had no immediate plans to follow rival Zynga onto the public markets.

“We were profitable for the year 2012,” said Jens Begemann, Wooga’s founder and chief executive at a press briefing in San Francisco where he also unveiled four new gamesRead more