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."
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Intelligent To Do List App Any.DO Raises $3.5 Million, Will Further Expand Into Personal Productivity Space
Q: Why does a to do list application need $3.5 million in funding? A: Because it’s becoming more than a simple to do app. Today, Any.DO one of the more popular to do list applications for web and mobile, announced a seed round of funding led by existing investor Genesis Partners, with participation from both current and new investors Innovation Endeavors (Eric Schmidt’s fund), Joe Lonsdale, Blumberg Capital, Joe Greenstein, and others. The company had previously announced $1 million in angel funding in late 2011, from Innovation Endeavors, Blumberg Capital, Genesis Partners, Palantir (Joe Lonsdale), Felicis Ventures (Aydin Senkut) and Brian Koo. For those unfamiliar, Any.DO got its start on the Android platform after the success of the team’s first app, Taskos, which proved the market was ripe for such an concept. That app had grown to 1.3 million users by the time Any.DO arrived in November 2011, and today has more than doubled its install base. Any.DO, however, has since surpassed ...
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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 ...
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About 30% of Facebook's Advertising Revenue, Or $375M, Came From Mobile Platforms
Almost one-third of Facebook’s advertising revenue is now coming from mobile platforms, according to the company’s latest earnings release. About $375 million of Facebook’s $1.25 billion in advertising revenue came from products like the company’s new mobile app install ads. That’s up from last quarter, when Facebook said it made 23 percent, or $305.9 million, from mobile ads. So this is a nice 22.5 percent quarter-over-quarter increase in mobile advertising revenue. Because Facebook now sees about three quarters of a billion users per month on mobile devices, the company has to make a commensurate amount from these platforms. Analysts and investors are closely watching to see how well Facebook makes this leap from desktop-based ads to mobile ones. Unlike Apple and Google, Facebook doesn’t own its own smartphone OS or sell its own hardware. It doesn’t have a way to earn a cut of app sales or in-app purchases like it does with games and apps on the Facebook platform. Advertising ...
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BlackBerry CEO: Tablet Market Is Dying
Nerval's Lobster writes "BlackBerry CEO Thorsten Heins believes that tablets will be dead by 2018. 'In five years I don't think there'll be a reason to have a tablet anymore,' he told an interviewer at the Milken Institute conference in Los Angeles, according to Bloomberg. 'Maybe a big screen in your workplace, but not a tablet as such. Tablets themselves are not a good business model.' That may come as a surprise to Apple, Google, Amazon and Samsung, all of which have built significant tablet businesses over the past few years. Research firm Strategy Analytics suggested in a research note earlier this month that the global tablet market hit 40.6 million units shipped in the first quarter of 2013, a significant rise from the 18.7 million shipped in the same quarter last year. So why would Heins offer such a pessimistic prediction when everyone else — from the research firms to the tablet-makers themselves — seems so full-speed-ahead? It's easy to forget sometimes that BlackBerry has ...
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