It's rare that you get Chad Hurley, co-founder of the Google-owned YouTube, and Mark Zuckerberg, founder of Facebook, on a panel together. But they were on Friday at the World Economic Forum in Davos, Switzerland, and we tuned in via Webcast.
Not surprisingly, neither Hurley nor Zuckerberg dropped any bombs. They've been trained in the ways of the Force, after all. But here's what they said in response to the panel's final question for them: where do they see their companies being in five years?
Also not surprisingly, both founders expressed confidence that, yes, their companies … Read more
The World Economic Forum calculates that $515 billion in yearly investment is required between now and 2030 to transition the world to cleaner sources of energy production.
At its annual meeting in Davos, Switzerland, the World Economic Forum released a report (click for PDF) on Thursday urging policy makers to make clean-technology incentives and investments part of government stimulus plans to revive flagging economies.
Economists who authored the report said alternative-energy technologies have the potential to address two pressing global problems--energy security and climate change--while generating good financial returns.
"It is essential that this stimulus also build our capacity … Read more
It's sort of cute, really: blogger Robert Scoble went on a nice snowy stroll with Facebook founder Mark Zuckerberg while the two were in Davos, Switzerland, for the World Economic Forum. Of course, he wrote about it.
Most of what Scoble wrote about his conversation with the young CEO is either information that was out there already or tidbits like the fact that Zuckerberg was teaming up with former British Prime Minister Tony Blair to work the coat check at the World Economic Forum's annual Women's Dinner (aww!), but there was one fairly interesting part: apparently, Facebook … Read more
Many have by now learned that Russian Prime Minister Vladimir Putin is a bit, uh, prickly. But Michael Dell found out first hand at the World Economic Forum in Davos, Switzerland, on Wednesday.
During the opening of the show, Putin gave a wide-ranging, 40-minute speech. When it came time for questions, Dell asked "How can we help" you with your country's IT infrastructure, according to a report in Fortune.
Putin immediately rebuffed the PC company's founder. "We don't need your help. We are not invalids. We don't have limited mental capacity," Putin … Read more
TechWeb Global CIO writer Bob Evans recently published an open letter to Oracle CEO Larry Ellison. The heart of the note illustrates the point that Oracle's current strategy remains a burden to customers and that they are (finally) starting to get fed up.
The issue that needs your fresh thinking and attention in today's brutal economic climate is the one-size-fits-all, nonnegotiable 22 percent annual maintenance fee Oracle charges your customers.
As you well know, those customers are desperately trying to cut costs and conserve cash, and are exploring every possible option for doing so. You can help those … Read more
In case your invitation to the exclusive World Economic Forum got lost in the mail, you can stop feeling so down about it. The closed-doors event in Davos, Switzerland, has loosened up a bit, thanks to the Web and the whole "transparency" thing that's been trendy for the past few years.
Besides, you can bet a few people will be blogging photos from their iPhones anyway.
This year, the World Economic Forum, which runs Wednesday through Sunday, has chosen to take advantage of just about every kind of social-media app you can imagine.
Broadcasts of many of … Read more
The enterprise software market has been going through a product-to-service transformation for a number of years. One clear representation of this is the boom in open source and software as a service, both of which are built on a different value curve in relation to typical enterprise licensing.The community and enterprise versioning strategy common in open-source companies is similar to free-to-play and premium versions of games, though games tend to have alternative paths to monetization--typically advertising.
The game market is at the beginning of an evolutionary path--moving from purely packaged games played on consoles to browser-based free-to-play and hybrid-hosted … Read more
From: Steve Ballmer Sent: Thursday, January 22, 2009 6:07 AM Subject: Realigning Resources and Reducing Costs
In response to the realities of a deteriorating economy, we're taking important steps to realign Microsoft's business. I want to tell you about what we're doing and why.
Today we announced second quarter revenue of $16.6 billion. This number is an increase of just 2 percent compared with the second quarter of last year and it is approximately $900 million below our earlier expectations.
The fact that we are growing at all during the worst recession in two generations … Read more
WASHINGTON--Don't expect to find a comprehensive national broadband policy in the so-called economic stimulus package that President-elect Barack Obama hopes to sign in his first days in office, Blair Levin, a top technology adviser for Obama, said Wednesday.
While funds for broadband deployment will be a part of the stimulus package, Blair cautioned groups interested in seeing more federal investment in broadband from expecting too much right away.
"Don't confuse a piece of the puzzle with the puzzle," Blair said at the Congressional Internet Caucus Advisory Committee's State of the Net Conference here.
However, Blair … Read more