There was a major disconnect on display at the FT’s Digital Media conference in London on Thursday morning.
Jeff Bewkes of Time Warner and Thomas Rabe of Bertelsmann made it sound as though any-time, any-place access to media was ushering in a golden age comparable to the birth of broadcasting. But Sir Martin Sorrell of WPP had a wake-up call: Big Media is being complacent, and the real impact of companies like Google and Facebook has yet to be felt. Read more
A new technology platform needs new apps. And new apps need funding.
So it is that two of Silicon Valley’s best-known venture capital firms – Kleiner Perkins and Andreessen Horowitz – have got together with Google Ventures to offer money to developers working on ideas for Google Glass. According to Kleiner partner John Doerr, this “goes well beyond the the world of websites, documents and mobile apps”. Read more
The Tesla Model S was Motor Trend car of the year last year and starts at a base price of $62,400. So how could you get one for an all-in cost of $500 a month?
Simple: start by valuing your own time at $100 an hour. That, at least, is according to the creative accounting that Tesla has just come up with for a new lease deal for the vehicle. Read more
IBM’s board of directors got nervous recently when they were told that the company had uncovered higher levels of employee expense fraud.
Mark Loughridge, chief financial officer, says he had a response: “There’s nothing going on here: we’re just catching everyone.” Read more
Google’s Chromebook laptops have always felt more like demonstrations of the art of the possible than products you necessarily want to use every day. What they do, they do spectacularly well: it’s just that they aren’t quite the finished article.
The new Chromebook Pixel lives up to that track record. Its high-definition screen is a gorgeous bright rectangle you can’t resist reaching out to stroke. But for most users, the love affair will still feel incomplete. Read more
There seems to be a sea-change underway in the willingness of companies to admit when they have been the victims of cyber attacks. More have been coming forward, even when they appear to have no legal obligation. But the timing and nature of the disclosures differs greatly.
Take Microsoft’s apparent admission that it has succumbed to the same attack that has hit several other big tech companies. Compared even with Apple, traditionally the tech industry’s most secretive company, its disclosure was both late and light on detail. Read more
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