Steve Jobs Threatened Palm To Stop Poaching Employees
An anonymous reader writes with more news about the no-poach agreements that seemed to plague tech companies. From the article: "Steve Jobs threatened patent litigation if Palm wouldn't agree to stop hiring Apple employees, says former Palm CEO Edward Colligan in a statement dated August 7th, 2012. The allegation is backed up by a trove of recently-released evidence that shows just how deeply Silicon Valley's no-hire agreements pervaded in the mid-2000s. Apple, Google, Intel, and others are the focus of a civil lawsuit into the 'gentleman's agreements,' in which affected employees are fighting for class action status and damages from resulting lost wages, potentially reaching into the hundreds of millions of dollars."
Found more than 1 month ago on channel Slashdot
Why Zuckerberg's Lobby Is Collapsing Like A House Of Cards Outside Of DC
“Power is a lot like real estate. It’s all about location, location, location.” — Frank Underwood, House of Cards At this very moment, Mark Zuckerberg’s political lobby, FWD.us, is probably taken aback at how reviled it has become, both from the public and its own members. After all, there are countless political technology lobbies, including Facebook’s own Political Action Committee, which routinely offer Republican candidates campaign cash for quid pro quo political favor. So, why, after discovering FWD.us indirectly supporting the controversial Keystone Pipeline initiative, have would-be supporters flooded their Facebook page with scathing comments, and its A-list supporters, such as Tesla’s Elon Musk, ditched the group? Unlike other lobbies, FWD.us burst on to the scene with a very public op-ed from its celebrity founder, promising to galvanize the latent civic passions of Silicon Vally’s netizens in a noble crusade to advance the knowledge society. While one hand extended ...
Economies Of Scale As A Service
Credit where it's definitely due: this post was inspired by a Twitter conversation with Box CEO Aaron Levie. Don't look now, but something remarkable is happening. Instagram had twelve employees when it was purchased for $700 million; all of its actual computing power was outsourced to Amazon Web Services. Mighty ARM has only 2300 employees, but there are more than 35 billion ARM-based chips out there. They do no manufacturing; instead they license their designs to companies like Apple, who in turn contract with companies like TSMC for the actual fabrication. Nest Labs and Ubiquiti are both 200-employee hardware companies worth circa $1 billion...who subcontract their actual manufacturing out to China.