Domain: fool.com
Stories and comments across the archive that link to fool.com.
Stories · 47
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Cord-Cutting in America May Have Already Peaked (fool.com)
An anonymous reader quotes the Motley Fool: Cord-cutting has been a massive thorn in the side of pay-TV distributors and television media companies for nearly a decade. After U.S. pay-TV subscribers peaked in 2010 at 105 million households, about 14 million homes have cut the cord, according to a report from Digital TV Research. The trend has only accelerated in recent years. 2018 saw nearly double the amount of cord-cutting over 2017, according to Leichtman Research.
But 2018 might've been the pay-TV industry's worst year for cord-cutting. The U.S. will lose fewer pay-TV subscribers this year than last, according to Digital TV Research. And the research firm suggests annual losses will continue to decline next decade. -
Cringely's Final Predictions: Apple Becomes a Financial Service and Hedge Fund (cringely.com)
For 22 years technology writer Robert X. Cringely has been making predictions for the year to come -- but this year may be his last. So at age 66, he's promising his 2019 predictions will also "take a look out several years...because I sense the tech industry about to enter an unprecedented correction."
And last week he unveiled his first prediction -- that Apple under Tim Cook "emulates GE under Jack Welch.... Jack Welch took GE into financial services in 1981, transforming the company and increasing its market cap by 4000 percent over his 20 years. "
Tim Cook has already started in 2019 along the same path forged by GE's Jack Welch back in 1981. This strategic shift started to show just this week with Apple directly financing iPhone sales in China and announcing an Apple credit card with Goldman Sachs... Look for Apple to start financing lots of things in 2019. Remember your car dealer would rather lend you money than have you pay cash for that ride because financing is its own profit center. So iPhone prices will continue to rise, but iPhone payments will probably decline as Apple cuts out middle men and efficiently sucks-up that aspect of the phone supply chain. This is how Apple will arrest iPhone market share declines -- by assisting sales and making even more money in the process.
I expect Apple to not just make strategic investments, but participate in strategic financing as well.... What Apple is probably closest to becoming is a hedge fund -- a very big hedge fund in fact. Apple's available financial power is approximately equal to that of the world's two largest hedge funds -- Bridgewater Associates and AQM Capital Management -- combined. So when someone tells you Apple is in decline or doesn't have a clue, they are wrong. Apple will continue to compete in its established technology markets as well as new ones. But Apple has also found a $200 billion hobby that will keep it growing for the next decade no matter where the Information Technology market goes.
Cringely notes that services "are more profitable than hardware." But Cringley has always been gracious about entertaining other opinions. In 2000 he answered questions from Slashdot readers, and last week he reminded his readers again that as technology completes its next great transitions, "I'd really like to hear your thoughts, too."
As dramatic changes (including AI) kick off what may be a new 50-year-cycle, "Everything is changing and nothing -- nothing -- will ever be the same again. I hope that's a good thing." -
NVIDIA Slapped With Class Action Lawsuit Tied To Cryptocurrency Implosion (hothardware.com)
Long-time Slashdot reader foxalopex writes: It looks like Nvidia is going to be hit with a class action for investors who lost big when their stock price crashed more than 50% due to an overstock of GPU cards that were produced for the crypto-currency craze back in 2018. The suit claims investors were told Nvidia had control of the situation until it crashed worse than even Nvidia had anticipated.
"The Company's public statements were false and materially misleading," argues the complaint from a Los Angeles law firm, seeking investors who purchased shares in NVIDIA between August 10, 2017 and November 15, 2018.
It was on November 15 that NVIDIA issued a statement that "excess channel inventory post the crypto-currency boom...will be corrected." Citing new products for machine learning, film rendering, and cloud computing, they added that "Our market position and growth opportunities are stronger than ever." -
Apple's 'Shoddy' Beats Headphones Get Slammed In Lawsuit (theregister.co.uk)
A lawsuit (PDF) filed Tuesday in U.S. District Court in Oakland, California, recounts the frustrations of five plaintiffs who found that Apple's Powerbeats 2 and Powerbeats 3 headphones did not perform as advertised. They are also claiming the company is refusing to honor warranty commitments to repair or replace the failed units. The Register reports: The complaint seeks $5,000,000 in damages and class action certification, in order to represent thousands of similarly afflicted Beats customers who are alleged to exist. "In widespread advertising and marketing campaigns, Apple touts that its costly Powerbeats (which retail for $199.95) are 'BUILT TO ENDURE' and are the 'BEST HEADPHONES FOR WORKING OUT,'" the complaint says. "But these costly headphones are neither 'built to endure' nor 'sweat & water resistant,' and certainly do not have a battery that lasts for six or twelve hours. Instead, these shoddy headphones contain a design defect that causes the battery life to diminish and eventually stop retaining a charge."
The complaint attributes the shoddiness of Apple's Powerbeats headphones to cheap components. Citing an estimate in a recent Motley Fool article, the complaint contends that Apple's Beats Solo headphones cost $16.89 to make and retail for $199.95: a markup of more than 1,000 per cent. That figure actually comes from a Medium post by Avery Louie, from hardware prototyping biz Bolt. -
Staples Tries Co-Working Spaces To Court Millennials And Entrepreneurs (pilotonline.com)
Are there any Slashdot readers who are doing their work in co-working spaces? An anonymous reader writes: Staples office-supply stores is aggressively repositioning its brand to entice new customers like tech entrepreneurs and small businesses, reports The New York Times. "A case in point: Staples' partnership with Workbar, a Boston-based co-working company founded in 2009... Workbar attracts the coveted millennial generation, as well as entrepreneurs, a potential pipeline for new small business customers." Three co-working spaces have now been added to Staples stores, including their original flagship store in Boston, and the Times spotted funky art, skylights, an artificial putting green, as well as gourmet coffee "and -- on some nights -- happy hours with beer and wine."
"This blend of old and new shows how Staples Inc. is digging up its roots as one of the first, and most successful, big-box retailers. Under Shira Goodman, the company's new chief executive officer, Staples hopes it can reverse its years of declining sales, unlike so many other retailers left for dead in the internet age."
The company also reports online orders already make up 60% of their sales, which they hope to push to 80% by 2020, according to the Motley Fool. "Selling products, 50% of which are outside of traditional office supply categories, to businesses large and small has proven to be a resilient business for Staples." -
Marissa Mayer Says Yahoo Continues To Make Solid Progress, Earnings Report Says Otherwise (fool.com)
tomhath quotes a report from Fool: Yahoo! CEO Marissa Mayer tried to emphasize the progress that the company has made. "We continue to make solid progress against our 2016 plan," Mayer said, and "in addition to our efforts to improve the operating business, our board has made great progress on strategic alternatives." The CEO argued that the results met or exceeded the company's own guidance. Yahoo! was able to post a revenue increase by changing the ways that it presents revenue related to its search agreement with Microsoft, and without that change, adjusted revenue of $1.055 billion was down 15% from the year-ago quarter. That was even worse than the 13% drop investors were expecting, and adjusted EBITDA fell by more than a third. That resulted in adjusted net earnings of $0.09 per share, missing the consensus forecast by a penny but also glossing over a $440 million net loss on a GAAP basis. The company took a $395 million goodwill impairment charge and an $87 million intangibles impairment charge related to its Tumblr unit, determining that the fair value of the division is less than the amount indicated on Yahoo!'s balance sheet. It was also revealed that Yahoo is writing down the value of its Tumblr acquisition by $482 million, citing lower projections for the social network's future performance, according to a report from CNNMoney. Last quarter, the company took a $230 million write-down on its Tumblr acquisition. Since Yahoo acquired Tumblr for $1.1 billion in 2013, Yahoo has written down more than half of its value. -
SpaceX Sets Feb. 24th Target Date For Next Launch
Rei writes: After some consternation about the pacing of Falcon 9 upgrades, SpaceX has announced that it plans to launch again from Cape Canaveral with a target date of February 24th. While the primary mission will be to place the SES-9 communications satellite in orbit, this will also mark their fourth attempt to land the first stage on an autonomous drone ship, after their last launch touched down softly but fell over when one leg failed to latch. SpaceX is working to significantly accelerate the rate of production and launches — they are reportedly moving the factory from 6-8 cores produced per year to 18 at present, and expect to reach 30 by the end of the year. After the upcoming launch, they expect to launch one rocket every two to three weeks. -
Why NASA Rejected Lockheed Martin's Jupiter For Commercial Resupply Services 2 (fool.com)
MarkWhittington writes: Recently, NASA rejected Lockheed Martin's bid for a contract for the Commercial Resupply Services 2 (CRS-2) program as being too expensive. CRS-2 is the follow-on to the current CRS program that has SpaceX and Orbital Systems sending supplies to the International Space Station. Motley Fool explained why the aerospace giant was left behind and denied a share of what might be $14 billion between 2018 and 2024. In essence, Lockheed Martin tried to get the space agency to pay for a spacecraft that would do far more than just take cargo to and from the International Space Station. -
Denmark Faces a Tricky Transition To 100 Percent Renewable Energy
HughPickens.com writes Justin Gillis writes in the NYT that Denmark is pursuing the world's most ambitious policy against climate change, aiming to end the burning of fossil fuels in any form by 2050 — not just in electricity production, as some other countries hope to do, but in transportation as well. The trouble is that while renewable power sources like wind and solar cost nothing to run, once installed, as more of these types of power sources push their way onto the electric grid, they cause power prices to crash at what used to be the most profitable times of day. Conventional power plants, operating on gas or coal or uranium, are becoming uneconomical to run. Yet those plants are needed to supply backup power for times when the wind is not blowing and the sun is not shining. With their prime assets throwing off less cash, electricity suppliers in Germany and Denmark have applied to shut down a slew of newly unprofitable power plants, but nervous governments are resisting, afraid of being caught short on some cold winter's night with little wind. "We are really worried about this situation," says Anders Stouge, the deputy director general of the Danish Energy Association. "If we don't do something, we will in the future face higher and higher risks of blackouts."
Environmental groups, for their part, have tended to sneer at the problems the utilities are having, contending that it is their own fault for not getting on the renewables bandwagon years ago. But according to Gillis, the political risks of the situation also ought to be obvious to the greens. The minute any European country — or an ambitious American state, like California — has a blackout attributable to the push for renewables, public support for the transition could weaken drastically. Rasmus Helveg Petersen, the Danish climate minister, says he is tempted by a market approach: real-time pricing of electricity for anyone using it — if the wind is blowing vigorously or the sun is shining brightly, prices would fall off a cliff, but in times of shortage they would rise just as sharply. -
What Will It Take To Make Automated Vehicles Legal In the US?
ashshy writes Tesla, Google, and many other companies are working on self-driving cars. When these autopilot systems become perfected and ubiquitous, the roads should be safer by orders of magnitude. So why doesn't Tesla CEO Elon Musk expect to reach that milestone until 2013 or so? Because the legal framework that supports American road rules is incredibly complex, and actually handled on a state-by-state basis. The Motley Fool explains which authorities Musk and his allies will have to convince before autopilot cars can hit the mainstream, and why the process will take another decade. -
Be True To Your CS School: LinkedIn Ranks US Schools For Job-Seeking Programmers
theodp writes "The Motley Fool reports that the Data Scientists at LinkedIn have been playing with their Big Data, ranking schools based on how successful recent grads have been at landing desirable software development jobs. Here's their Top 25: CMU, Caltech, Cornell, MIT, Princeton, Berkeley, Univ. of Washington, Duke, Michigan, Stanford, UCLA, Illinois, UT Austin, Brown, UCSD, Harvard, Rice, Penn, Univ. of Arizona, Harvey Mudd, UT Dallas, San Jose State, USC, Washington University, RIT. There's also a shorter list for the best schools for software developers at startups, which draws a dozen schools from the previously mentioned schools, and adds Columbia, Univ. of Virginia, and Univ. of Maryland College Park. If you're in a position to actually hire new graduates, how much do you care about applicants' alma maters? -
Why America Won't Match Sweden's Cheap, Fast, Competitive Internet Services
ashshy writes: Swedish Internet services run both cheaper and faster than American ones. For example, many Swedes can pay about $40 a month for 100/100 mbps, choosing between more than a dozen competing providers. It's all powered by a nationwide web of municipal networks in direct competition with ex-government telecom Telia's fiber backbone. The presence of regional government in the Swedish data stream makes many Americans uncomfortable, to say nothing of the very different histories between these backbone buildouts. The Motley Fool explains how the Swedish model developed, and why the U.S. is unlikely ever to follow suit. -
Power Grids: The Huge Battery Market You Never Knew Existed
ashshy writes Unlike the obvious battery needs for smartphones or electric cars, many consumers are unaware of the exploding need for enormous battery banks as modern power grids are bringing a whole new set of requirements. From the article: "'Our electricity grid was built a certain way, and that way is to have on-demand production,' Argonne National Laboratory battery researcher Jeff Chamberlain explained. 'So as I flip my light switch on at home, there's some little knob somewhere that turns the power up. There is no buffer. It's a very interesting production cycle compared to other consumer goods. It was built a certain way, and the grid is currently changing in two different ways. One is, first our demand is increasing. But another is, around the world human beings are trying to get off fossil fuels and that means using solar and wind. Well, we cannot turn up the sun or wind, or turn down the sun or wind according to our energy needs. So the more those technologies penetrate the grid, the more you need energy storage. You need a buffer. And that is a very difficult challenge that's similar to transportation because it's cost-driven,' Chamberlain said. 'But it's also different from transportation because we're not limited by volume or mass like we are in vehicles. We're working on energy storage systems that are stationary.'" -
How Argonne National Lab Will Make Electric Cars Cheaper
ashshy writes Argonne National Lab is leading the charge on next-generation battery research. In an interview with The Motley Fool, Argonne spokesman Jeff Chamberlain explains how new lithium ion chemistries will drive down the cost of electric cars over the next few years. "The advent of lithium ion has truly enabled transportation uses," Chamberlain said. "Because if you remember your freshman chemistry, you think of the periodic table -- lithium is in the upper left-hand corner of the periodic table. Only hydrogen and helium are lighter on an atomic basis." -
Red Hat CEO: Open Source Goes Mainstream In 2014
ashshy (40594) writes Red Hat CEO Jim Whitehurst likes to post "state of the union" addresses at the end of every year. Last December, he said that open source innovation is going mainstream in 2014. In an interview with The Motley Fool, Whitehurst matches up his expectations against mid-year progress. Spoiler alert: It's mostly good news. -
The Nightmare On Connected Home Street
theodp (442580) writes With the battle for the connected home underway, Wired's Mat Honan offered his humorous and scary Friday the 13th take on what life in the connected home of the future might be like. "I wake up at four to some old-timey dubstep spewing from my pillows," Honan begins. "The lights are flashing. My alarm clock is blasting Skrillex or Deadmau5 or something, I don't know. I never listened to dubstep, and in fact the entire genre is on my banned list. You see, my house has a virus again. Technically it's malware. But there's no patch yet, and pretty much everyone's got it. Homes up and down the block are lit up, even at this early hour. Thankfully this one is fairly benign. It sets off the alarm with music I blacklisted decades ago on Pandora. It takes a picture of me as I get out of the shower every morning and uploads it to Facebook. No big deal." Having been the victim of an epic hacking, Honan can't be faulted for worrying. -
Alcatel-Lucent Cuts Go Deeper — 7,500 Jobs Gone and Counting
Dawn Kawamoto writes "Alcatel-Lucent has cut 7,500 jobs since the start of the year — a couple thousand more than what employees of the embattled telecom equipment maker may have been expecting. Last summer, Alcatel-Lucent said it expected to cut over 5,000 jobs by the end of 2013. Well, cuts have gone deeper than that, and the company's newly minted CEO, Michel Combes, told Wall Street during the second quarter earnings call Tuesday to expect additional cuts and the related cost savings in the coming quarters." -
Microsoft Stock Drops 11% In a Day
Taco Cowboy writes with news that Microsoft's stock price dropped over 11 percent yesterday. The selloff was the biggest since 2009, and during the day the price was down more than 12 percent at one point, making it the biggest single day drop since April, 2000. Analysts believe the drop was due primarily to the company missing its quarterly earnings projections in addition to taking a massive, $900 million write-down on unsold Surface RT tablets. "Microsoft’s decline is both a consequence of the changing dynamics of the tech world and the incredible surge in its stock price this year. Shares in the maker of Windows had rallied nearly 30% this year, leaving both the broader stock market and the technology sector in the dust. It was, it seemed, Steve Ballmer’s year. Until Friday. The sell off was sparked by fears over the declines of the PC market. Gartner data show PC shipments fell for the fifth consecutive quarter in Q2, this time tanking 10.9% to 76 million units. Being the world’s largest software company, 'over 80% of its revenue and nearly all of its profits continue to be derived by its ubiquitous Windows OS, its server business (Windows Server), and the business division (Office),' according to UBS. And indeed that decline in the PC industry is hurting the company’s bottom line." -
Did Steve Jobs Pick the Wrong Tablet Size?
An anonymous reader writes "During the 2010 Christmas shopping season, Steve Jobs famously dissed the 7-inch tablets being rolled out by competitors, including Samsung's Galaxy, as being 'tweeners: too big to compete with a smartphone and too small to compete with the [9.7-inch diagonal] iPad,' adding that 'the current crop of 7-inch tablets are going to be DOA — dead on arrival.' A year later Jobs was dead, and the iPad Mini, with a 7.9-inch diagonal screen, was rolled out under his successor Tim Cook in October, 2012. Looking at industry-wide tablet sales numbers for January 2013, which show that the iPad Mini surprisingly outsold its larger sibling by a substantial margin (as did 7-inch Android tablets from competitors), Motley Fool's Evan Niu thinks that the 7.9-inch form factor was the correct size all along, contrary to Jobs' pronouncements (which, of course, was partly marketing bluster — but he chose the larger size in the first place). Of course the Mini is cheaper, but not by much — $329 vs. $399 for the larger iPad, for the baseline model with WiFi only and 16GB storage. Had Apple introduced the iPad with the smaller size to begin with, Niu argues, competitors would have faced a much more difficult task grabbing market share. While the Mini is currently available only with 'Super VGA' resolution (1024x768), rumors are afloat that Minis with the Retina display (2048x1536) are close to production." -
Russian Company Buys ICQ
An anonymous reader writes "AOL has sold ICQ to Digital Sky Technologies (DST), Russia's largest Internet company, for US$187.5 million. DST's offer was apparently more attractive than those of Russia's ProfMedia and China's Tencent. ICQ, originally released in 1996 and bought by AOL in 1998 for US$407 million, was one of the world's first major instant messaging systems. Although largely forgotten in English-speaking countries, it remains widely popular in Central Europe, Russia, and Israel. Moscow News has additional coverage of the deal." -
Motley Fool Writes Off Microsoft
The Vista disaster has caught Wall Street's attention before but I've never seen the popular press understand the issues like this argument in the Motley Fool. The opposing argument is a weak statement of faith, essentially "as it was in the beginning is now and forever shall be." "You don't need to watch the 'I'm a Mac, I'm a PC' commercials to see that Microsoft is taking a beating. You see it in the company's financials where its online unit, incredibly, is operating at a loss; overheating Xbox 360 consoles find the company taking a huge warranty hit for a system losing market share to the Wii; and the upgrade wave of its flagship operating system has been more of a ripple than a tsunami. That last point is important. This was supposed to be Microsoft's final feast, the major last hurrah for its Windows Vista operating entry and its Office 2007 suite of applications before the inevitable embrace of cheaper open source operating systems and Web-based apps... In fact, even Microsoft will tell you that its fortunes peaked several months ago." -
Motley Fool Writes Off Microsoft
The Vista disaster has caught Wall Street's attention before but I've never seen the popular press understand the issues like this argument in the Motley Fool. The opposing argument is a weak statement of faith, essentially "as it was in the beginning is now and forever shall be." "You don't need to watch the 'I'm a Mac, I'm a PC' commercials to see that Microsoft is taking a beating. You see it in the company's financials where its online unit, incredibly, is operating at a loss; overheating Xbox 360 consoles find the company taking a huge warranty hit for a system losing market share to the Wii; and the upgrade wave of its flagship operating system has been more of a ripple than a tsunami. That last point is important. This was supposed to be Microsoft's final feast, the major last hurrah for its Windows Vista operating entry and its Office 2007 suite of applications before the inevitable embrace of cheaper open source operating systems and Web-based apps... In fact, even Microsoft will tell you that its fortunes peaked several months ago." -
Investors, "Beware" of Record Companies
NewYorkCountryLawyer writes "The Motley Fool investment Web site warns investors to beware of 'Sony, BMG, Warner Music Group, Vivendi Universal, and EMI.' In an article entitled 'We're All Thieves to the RIAA,' a Motley Fool columnist, referring to the RIAA's pronouncement in early December in Atlantic v. Howell, that the copies which Mr. Howell had ripped from his CDs to MP3s in a shared files folder on his computer were 'unauthorized,' writer Alyce Lomax said 'a good sign of a dying industry that investors might want to avoid is when it would rather litigate than innovate, signaling a potential destroyer of value.'" -
Motley Fool Says RIAA Hitting a Brick Wall
NewYorkCountryLawyer writes "The Motley Fool business site says that the RIAA's litigation campaign is in the end game. Monday it reported that 'the music industry's lawsuit crusade against defenseless college students and housewives appears to have hit the skids,' predicting that the RIAA's tactics are 'all about to change.' Today the Fool confirms that 'the change is happening in Internet time, which is somewhere between "instantly" and "yesterday,"' noting that the RIAA's abandonment of its 'making available' theory shows that the end is near. And this is before the RIAA faces its first jury trial, set to begin Oct. 2 in Duluth." -
Motley Fool Says RIAA Hitting a Brick Wall
NewYorkCountryLawyer writes "The Motley Fool business site says that the RIAA's litigation campaign is in the end game. Monday it reported that 'the music industry's lawsuit crusade against defenseless college students and housewives appears to have hit the skids,' predicting that the RIAA's tactics are 'all about to change.' Today the Fool confirms that 'the change is happening in Internet time, which is somewhere between "instantly" and "yesterday,"' noting that the RIAA's abandonment of its 'making available' theory shows that the end is near. And this is before the RIAA faces its first jury trial, set to begin Oct. 2 in Duluth." -
Another Stab at Laptop Security
kogus writes "LoJack is licensing its brand name to Absolute Software, which provides Computrace -- soon to be known as the 'LoJack for Laptops' line of computer theft recovery systems. When a stolen Computrace-equipped system is connected to the Internet, it automatically and silently sends locating data to Absolute Software, which then calls out the law. In some cases, Absolute Software customers are eligible for a $1,000 guarantee payment when a stolen system is not recovered within 60 days. -
Sirius Confirms iPod Satellite Talks
An anonymous reader writes "Remember those iPod Satellite rumors last December? Mel Karmazin, the CEO of Sirius Satellite Radio, announced at the 2005 Media Summit that he had discussions with Steve Jobs about the possibility of putting Sirius' technology in future iPods. Steve's response? Not interested." -
Toyota to Employ Advanced Robots
olegalexandrov writes "Toyota Motor will introduce robots which can work as well or better than humans at all 12 of its factories in Japan to cut costs and deal with a looming labor shortage. The robots would be able to carry out multiple tasks simultaneously with their two arms, achieving efficiency unseen in human workers and matching the cheap wages of Chinese laborers, a report said on Thursday." The Motley Fool has a humorous take, and Toyota emphasizes that goodlife, err, humans will continue to have a place in Toyota factories. -
Coming Soon: Self-Heating Coffee
prostoalex writes "In 2005 Wolfgang Puck will start selling containers of self-heating coffee, USA Today says. The combination of calcium oxide and water will heat the coffee to 145 degrees and keep it warm for the next 30 minutes. The coffee will be sold in regular grocery stores, and folks at Fool.com tell Starbucks to watch out as this product, coming from a well-known chef, might target those of us grabbing a cup of hot latte on the way to work." -
Verizon Announces FTTP Prices
ffejie writes "C|NET News.com is reporting that Verizon has announced its pricing on Fiber-to-the-Premises - it 'will cost $35 a month if purchased along with Verizon's local and long-distance telephone service', and more if bought on its own. The high speed internet service, dubbed Verizon Fios, brings speeds up to 30 Mbps to the home. FTTP could lead to a sweeping change, especially in the television industry. According to News.com: 'Verizon is considered the furthest along with its fiber plans. It reiterated on Monday its goal of reaching 1 million homes and offices by the end of the year...' It looks as if FTTP is coming to the masses." -
Red Hat Vs. The Lawyers
ajs writes "On July 13, Red Hat announced that they would be re-stating their revenues for the last 3 years. This sent a shock-wave through their stock price, but early analysis seems to indicate that it's not that big a deal (the end-result is the same for a given contract, but it will be counted toward a different month). But then the really bad news hit. [Opportunistic lawyers] are taking this opportunity to punish Red Hat for reporting the change and the resulting drop in price. Red Hat is doing well, but can they weather major class action law suits without harming the business? How have other technology companies dealt with this sort of suit?" -
Nasty New Virus Variants
Lucidus writes "Numerous journals, such as Mac Daily News and The Motley Fool, are reporting that the latest versions of the Beagle/Bagle virus can infect users' computers whether or not they open an attachment. Apparently, the simple act of selecting the message activates the code. Given that you have to select an E-mail to delete it, how are users supposed to protect themselves from this one?" -
SCO Wants to License Europe
MacEnvy writes "It looks like SCO isn't letting up - they've decided to expand their war on Linux to other countries. According to Internet Week, the company will be offering its Intellectual Property License in the UK and other European countries starting February 1. Whether Europeans will buy the licenses has yet to be seen." Motley Fool has chipped in on SCO's chances. -
Barnes and Noble Drops Ebooks
computx writes "I just recieved an email from Barnes and Noble that they will no longer sell ebooks and I have 1 month to download the books I have purchased. Wow!" -
Are Rebates Scandalous?
theodp asks: "Motley Fool offers a dead-on take on the computer mail-in rebate fulfillment process--Once I receive your 'claim,' I will begin to 'process' it. Assuming that you filled out all the information correctly, and assuming nothing is missing, and assuming your claim doesn't get lost somehow, and if you call or write a few times to check on your claim's status, then I will mail your check within 10 to 12 weeks. Maybe. Or maybe it'll be four to six months. Or never." What are your thoughts on rebates, and have any of you noticed who, at least in the computing industry, is more trustworthy with rebates than others? Update by J : Here's the short version of the article. -
Apple is Going Out of Business ... Again
gsfprez writes "Its been a while ... and strangely, the world almost seemed empty without the constant drumbeat of how Apple is on the verge of going out of business. If you're a fan like i am, then you're in luck, because this Canadian tech journalist didn't get the memo that Apple's been going out of business longer than most tech journalists have been in business. And besides, someone needs to let Robert Thomson know: when writing a story on how Apple is about to die, you have to call them "beleaguered". Come on, that's Tech Journalism 101, people. In any case, he brings up no new points to bolster his argument: he confuses his personal inability to use third-party software that works fine for most of us with legitimate bad third-party support, and uses this to draw his illogical conclusion. Illogical because it's the same reasons/unrealized conclusions that were the staple of tech journalism from 1985-1999." -
Slashback: Dyn-O-Mite!, Paper, Sploits
Here is your regular irregular dose of Slashdot story updates and obsessive compulsion -- some of it sad, some amusing, some utterly neutral and of no caloric value. For instance: You can win more than 50 of Roblimo's personal dollars if you work really hard, and wait a really long time."Kilby ... Kilby .. Kilby ..." [WHACK!] BMagneton writes: "The Nobel Prize for Physics was just awarded to several electronics pioneers, notably Alferov and Kroemer, who invented a bunch of semiconductor device construction methods, and Jack Kilby, who pretty much invented the microchip. The Nobel seems to have gone to a more practical/applied achievement than it usually does." And sconeu writes: "Wired News reports that Jack Kilby have been awarded the Nobel Prize in Physics for his part in the invention of the IC. The prize was split with Herbert Kroemer of UC Santa Barbara and Zhores Alferov of Russia who worked on semiconductor development as well."
And as "Boo," acclaimed international film star Keanu Reeves! Godzookie2k writes: "I was bored out of my mind the other night, and stumbled to boo.com's old site to see what would pop up. Mouth agape, I read: 'Boo.com returns, October 30, 2000.' yippie, you can download the official "boo" screensaver and enter some contest. See for yourself."
Some things are worth bringing back (Old Coke, bermuda shorts), and others may not be. Frankly, I'd never heard of Boo except maybe vaguely in the background until they went bust, time number one. On the other hand, our friend Pee-Wee was pretty funny in Mystery Men, so maybe anything is possible.
A browser for your naked (P)PC; combine with image filtering, stir. Mozilla keeps getting better -- I'm not afraid to show it to anyone right now, for instance -- but it's not exactly lightweight. Anyone who's been following the progress of Galeon may be interested when Markos writes: "Tired of waiting for a lightweight browser, that supports https, frames and all the other good stuff? BrowseX may be what your looking for. 'BrowseX is an Open Source, cross-platform Web Browser written primarily in Tcl.' You can check out the screenshots, features, and download." Or, for those of the Motorola persuasion, you'll be happy to hear that, as sephus writes "Opera for Linux PPC is now available at http://opera.online.no/linux/tgz/ - by popular request from Slashdot readers :) Opera"
Remember, retailers, you better not install these on computer that you know full well are going to be loaded with a god-fearin' American OS-thingie, like Innernet 'Splorer!
"OK, Mr. Gates, Meet Mr. Ponzi. Howdya do?" robl writes "There was a suprisingly under-ranked comment in the Microsoft story yesterday [about Microsoft and Taxes], pointing to the Fool's take on Microsoft's tax situation. It does a great job of clarifying the sfgate article yesterday. You see, Microsoft exercises it's stock options by printing more stock certificates. So they really only lose the cost of the paper and toner to print the stock, and they gain the money from the employees who exercise the options."
In fairness, this is approximately the same system used to fill the hypothetical coffers of the Social Security administration, but MS probably doesn't pay $534.55 for each toner cartridge ;)
My god! And they claim to be secure!? sporri writes: "The OpenBSD homepage has been updated (or downgraded) and now announces "Three years without a remote hole in the default install!" after a root hole was discovered and exploted in a library used by chpass. The sad thing it was fixed in the "current" source tree in June.UpsideToday has an interview with Aaron Campbell." If that's the worst you can say about an OS's security, it's a pretty strong endorsement for it being exemplary in that regard. OpenBSD and Debian get my vote for Most Serious Projects. Comments on the strongest security for (any particular) default Linux distro? Makes me think about Bastille Linux ...
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Would You Pay $1000 For Windows?
markbark writes: "Stan J. Liebowitz, a prof at the U of Texas Management School, has released a screed saying that the world economy could take a $300 billion dollar bite in the ass if Microsoft is broken up. Tales of $2000 computers with Windows costing an additional $1000. The whole 39-page PDF file can be found here . The whole thing was bankrolled by M$ apologists extraordinaire the Association for Competitive Technology and should be taken with an extremely large grain of salt." (More below.)If you're interested in the anti-breakup point of view, even as devil's advocate, this is a useful place to start. I don't buy all of Liebowitz's assumptions or conclusions, but it's much more informative than most flamewars, and does bring up some nagging ideas about market behavior and legal remedies.
I found interesting, too, his assertion that "[a]t the current time, there appear to be virtually no major desktop applications that have been ported to Linux, including those from such market leaders as Intuit, Symantec, Lotus, Adobe, or Quark." Fewer than I'd like, certainly, but "virtually none" is hard to buy.
It's not unreasonable to suggest that the price of Windows would rise if it was made by a newly-formed separate division of Microsoft, but if the marketplace is truly dynamic, it seems like that change could as well be in the opposite direction. (How much would Liebowitz have predicted Netscape's browser to cost today, given the information available in 1993?)
And for some devil's advocacy the other direction, you might find this Motley Fool article (suggested by sjbe and others) an interesting take on an MS breakup as well.
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A (Suprising?) Viewpoint On RIAA Lawsuits
colnago writes: "The Motley Fool has an interesting article about lawsuits and their effect on capitalism. You may also read this as "lawsuits and their effect on technology." In any case the arguments are similar to what we've read here, but it's good to see the financial community on the same page as the nerds. One tidbit: 'How about picking a judge who used to work for you? Judge Chaplain (who presided over the first DVD trial and ruled in favor of the MPAA) was Time Warner's lawyer on DVD issues before he became a Judge.'" -
Mattel to Sell Off CyberPatrol
Spud Zeppelin writes "According to this article at The Motley Fool, Mattel is looking to sell its Learning Company software division for a substantial loss compared to what the company paid to acquire it. Among Learning Company's products is the recently controversial censorware product CyberPatrol." According to the Fool, the business "racked up big losses, driving the stock near its 52-week low and contributing to the resignation of Jill Barad, the company's former chairwoman and chief executive." This software seems not very profitable in the consumer market. -
Mattel to Sell Off CyberPatrol
Spud Zeppelin writes "According to this article at The Motley Fool, Mattel is looking to sell its Learning Company software division for a substantial loss compared to what the company paid to acquire it. Among Learning Company's products is the recently controversial censorware product CyberPatrol." According to the Fool, the business "racked up big losses, driving the stock near its 52-week low and contributing to the resignation of Jill Barad, the company's former chairwoman and chief executive." This software seems not very profitable in the consumer market. -
Crackdowns, Fools and the MPAA
werdna was one of many to submit a Motley Fool column which takes the MPAA to task, neatly summarizing the events to date. But the best DVD story so far has to be this Linux Journal article, Crackers and Crackdowns. The author has some personal experience with crackdowns, and offers tips on what you can do to fight them. -
CyberNet Plans an IPO & Motley Fool on LinuxOne
The continued reign of Linux on Wall Street has found another sequel with CyberNet planning an IPO. CyberNet is, according to the press release, "a developer of Linux server software". And in an aside, The Motley Fool has an article on the LinuxOne IPO entitled LinuxOne: The Beauty of a Bad Example - Lesson: Caveat Emptor. Very amusing. -
Motley Fool on Microsoft vs. Linux
Simon Janes writes "In a two part article series, Rob Landly (aka TMF_Oak) discusses Network Effects and how they make a product more valuable to users. Rob continues his series the next day with a discussion of Microsoft vs. Linux. This is excellent 'outside of the industry' press for Linux because 'Fools' are people like nurses, teachers, accountatnts and retirees who are not normally exposed to this." -
Motley Fool on Microsoft vs. Linux
Simon Janes writes "In a two part article series, Rob Landly (aka TMF_Oak) discusses Network Effects and how they make a product more valuable to users. Rob continues his series the next day with a discussion of Microsoft vs. Linux. This is excellent 'outside of the industry' press for Linux because 'Fools' are people like nurses, teachers, accountatnts and retirees who are not normally exposed to this." -
The Motley Fool predicts a weakening of Windows
The Motley fool views the Free Software phenomenon to be a social movement similar to Gandhi's march to the sea: Indians were being burdened by high salt taxes, so instead Gandhi organised a march to the sea where Indians could make their own salt. Similarly, as the software industry is not providing what we want, we got together and built our own software. The weakness in his analogy is that it supposes that once the problem goes away, so will free software. -
The Motley Fool on Microsoft
An interesting financial perspective on Microsoft is being highlighted over at the Motley Fool. The article itself is a good analysis of Microsoft's financial practices, with excellent comparisions to past companies in similar positions.