In 2000, Yahoo was worth $125 billion. In 2008, it rejected a $44 billion buyout from Microsoft. And today it sold to Verizon for $4.83 billion. The lesson here is, if you won the last computing platform and are on the cusp of the next one you’re not built for, you might want to sell the company.
Mobile fell on an unsuspecting Yahoo like a piano on a cartoon villain. It was a web portal. Read More
Powered by WPeMatico
One of the saddest scenes in the Lord Of The Rings trilogy is watching the slow-moving Ents – the massive tree shepherds that took days to decide whether or not to react Sauron’s onslaught – are cut down by the wily Orcs. Only a few fall in the battle but when they do the giants of the forests that at first seemed so powerful are exposed to be easily vanquished. They won… Read More
Powered by WPeMatico
The popular password management utility Dashlane is going after the larger enterprise market today with the announcement of a new tool that will allow mobile employees to switch access between both their personal passwords, as well as those assigned to them by their workplace, in the company’s mobile app. The tool, which is known as “Spaces,” first launched on the desktop… Read More
Powered by WPeMatico
Twitter is expanding its live sports plans, with weekly, live streamed games from Major League Baseball and the National Hockey League. The live streams will be available for free to out-of-market viewers, whether they’re logged into Twitter or not. Twitter is also announcing a new nightly sports highlights show called The Rally, produced by mobile video company 120 Sports. (The Rally… Read More
Powered by WPeMatico
Pokemon players will eventually be able to fill out their collections via trades, which is very good news for people eyeing region-specific Pokemon like Australia’s Kangaskhan from the other side of the world. Niantic CEO John Hanke revealed at a San Diego Comic Con panel that Niantic is indeed working on adding trading (and new training features) to their game, as well as… Read More
Powered by WPeMatico
In the wee hours of the morning, the Solar Impulse 2 took from Cairo, embarking on the last leg of its round-the-world journey. The 17th and final part of the trip is set to end in Abu Dhabi, where it first set off from in March 2015. The last leg of the journey is anticipated to take around 48 hours, at which point pilots Bertrand Piccard and Andre Borschberg will have flown a total of… Read More
Powered by WPeMatico
Sometimes I think about replacing the table in my office with a sofa and a box of tissues. I’m a lawyer, but sometimes I feel like a therapist. When startup founders sit down with me to hash out equity splits and trust and commitment issues, their tempers sometimes flare. Uncomfortable silences ensue. Feelings get hurt, and tears sometimes fall. Read More
Powered by WPeMatico
At Bloomberg’s recent technology confab in San Francisco, Marc Andreessen offered a vision for entrepreneurship, defining it as the ability to see how the world potentially could be, then inventing what is needed to change it. Herein lies the dilemma for Silicon Valley: The same questions that spur its entrepreneurs to remake the world are often the same questions that lead it into conflict. Read More
Powered by WPeMatico
It wasn’t so long ago that venture capital was a suburban California phenomenon. Los Angeles didn’t have much in terms of a real tech scene — and even San Francisco only had a few VCs or tech companies. Now, VC offices have sprung up in San Francisco, moving more of the investment energy up there. That great migration of companies and activity touches upon what is now… Read More
Powered by WPeMatico
I’ll be in Chicago this week and I’d love to meet some startups. I’m thinking about holding a micro-mini-meetup on Tuesday, July 26 at a location to be determined. Here’s what I need from you all: Email or tweet me with recommendations where we can meet. I like to just hang out in bars but I could do a co-working space. I know there are a few in town but I’ve… Read More
Powered by WPeMatico