Ex-Apple employee Paul Devine pleaded guilty in a San Jose federal court to receiving kickbacks from Asian suppliers in order to ensure they would have a favorable contract with Apple. Devine, who worked as a global supply manager, was accused of passing confidential information, according to Reuters. Accepting the charge of wire fraud …
Business
Steve Jobs’ Honorary Knighthood Blocked
Although Steve Jobs may not become Sir Steve any time soon, he’s still our tech-y knight in shining armor.
The Telegraph reports that plans to knight Steve Jobs for his contributions to business and technology in 2009 were scrapped by then-Prime Minister Gordon Brown, who held a grudge ever since Jobs declined an invitation to speak …
Facebook Flub: Advertiser Accidentally Charged $8.8 Million
When Facebook advertiser Joshua Niamehr logged in to his ad campaign’s account, he knew he had an outstanding balance. He didn’t think, however, that he’d racked up a bill of $8.8 million.
Niamehr’s account, however, showed this statement:
There is an outstanding balance of $8,804,978.14 USD on your account. Your ads will not be
…
Apple Shareholders Silence Demands for Jobs’ Replacement
With Apple CEO Steve Jobs out on indefinite medical leave, a group of shareholders—the Central Laborers’ Pension Fund in Illinois—proposed that Apple reveal its internal plans to replace Jobs in the event that he not return to run the company.
The belief was “that a sizable contingent of shareholders may have supported” such …
Everloop: The Facebook for Tweens?
Plenty of parents worry about their kids’ online activities and their presence on social networks. Last week, the first lady even weighed in on the topic, saying that her daughters, ages 9 and 12, shouldn’t be on Facebook. But what’s a parent to do with their Internet-savvy tween who wants to stay connected with friends?
A new startup …
Verizon iPhone Hits Stores
At long last, the day has come–the Verizon iPhone went on sale this morning at 7 a.m. at Verizon and Apple stores, Best Buy and their respective websites. It’s been a long road for Verizon to get here, but it’s finally happened. While you wait in line to get a shiny new iPhone, why not mull over the difference between the AT&T and …
Asana Looks to Fill Google Wave’s Void (And Lets Employees “Pimp Out” Their Cubicles)
Facebook co-founder Dustin Moskovitz left a pretty good gig at Facebook two years ago to start his own company, Asana. After two years under wraps, TechCrunch finally got the big reveal yesterday. The response? Moskovitz didn’t leave Facebook for naught–Asana could actually be a huge hit.
The startup’s premise is that people need a …
Super Bowl Tech Ads: A List of Casualties Throughout the Years
So what’d everybody think of all the Super Bowl ads last night? While there’s been some discussion as to whether or not Groupon’s ads were the most offensive or all the ads in general have just plain stunk lately, let’s not forget all the awful, overfunded, offensive ads from years past.
Here’s a look at some of the tech-centric …
When It Comes to Illegal Downloads, Movies Trump Music
Napster. KaZaA. LimeWire. All three of these existed in the glory days of illegal music pirating. But new research shows that the good ‘ol days of copping the latest Britney tracks from someone’s library are as good as over.
A P2P file-sharing study (PDF) conducted by Envisional shows that out of all the media we share (illegally) on …
Match.com and OkCupid Now In A (Business) Relationship
Two former competitors have found a connection in the love game. Online dating site Match.com has bought OkCupid for $50 million cash, according to a statement released today. Lonely people can now rejoice knowing that there’s more lonely people on their network to make a connection with.
“We know that many people who start out on …
London Stock Exchange May Have Been Hacked Last Year
Computerworld is reporting that the London Stock Exchange may have been hacked in August of last year as it prepared to switch its systems from Microsoft’s .Net platform to a Linux-based platform. It’s once again preparing to attempt the same switchover this month.
According to the article:
“There were major problems on the exchange
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Could Digital Publishing Save Longform Journalism?
With the death of many magazines and the ones that have managed to survive lessening their pages, it’s hard for journalists to find a place for their in-depth articles which often run upwards of 10,000 words. The pieces may be good, but when space is a valued commodity and the subject matter won’t move issues off shelves, editors are …