Facebook’s hyperinflated valuation heading into its IPO has everything to do with its promise, and very little to do with its actual profits. Here are some numbers we know about Facebook’s infrastructure that speak to its promise perhaps as much as its 900 million users. Read More »
Comcast may have given users a break on Thursday by raising its monthly data cap to 300 GB, but Level 3, the backbone Internet provider and content delivery network, wants people to know that Comcast is still likely prioritizing its Xfinity traffic over others’. Read More »
Speaking at an investor conference Wednesday, Verizon CFO Fran Shammo said his company’s joint venture with Coinstar’s Redbox will seek to leverage the DVD-rental kiosk operator’s 30 million customers and not so much on Verizon FiOS’ nearly 4.4 million customers. Read More »
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More Must Reads
Google is hard at work on a cloud computing offering that will compete directly with the popular Amazon EC2 cloud, I have been told, although Microsoft probably will beat it to the punch. The timing for Google is TBD, while Microsoft should announce on June 7. Read More »
BetterWorks, one of the most known startups to emerge from LA seems to have hit an air pocket. The company which was started by super angel, Paige Craig is said to have laid off close to thirty people and is looking at making some dire … Read More »
A new homescreen app for Android tablets called Chameleon is like widgets on steroids, offering multiple home screens based on time and location. Chameleon is raising funds on Kickstarter, and got my backing right away. After you see the software in action, you’ll understand why. Read More »
With huge anticipation around Facebook’s IPO, we decided look at how other digital media companies that have gone public over the past year have fared. Most have had a bumpy ride — and only one has had steady gains since its stock-market debut. Read More »
Like last month, California and Hawaii lead in new iPad activations, accounting for nearly 18 and 16 percent, respectively. But Nebraska is a surprise No. 3. A big part of that isn’t due to your regular gadget consumers, but one of the state’s public education initiatives. Read More »
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