Gurley, who spoke on a panel of venture capitalists at Goldman Sachs' annual Technology and Internet Conference in San Francisco, was asked why he'd invest in a startup with no revenue model. Benchmark led a $13.5 million investment in the app, valuing Snapchat at $60 million to $70 million, which was first reported by The New York Times.
"If you look at … Read more
It looks like Canadian privacy advocates won a battle over an Internet bill that was intended to stop online predators. The Canadian government announced today that it was not passing the Protecting Children from Internet Predators Act, or Bill-C30, according to the Register.
The purpose of the bill was supposedly to make sure children weren't stalked on the Internet by criminals or sex offenders. However, it also enabled warrantless wiretapping. The law said that carriers and ISP providers would be required to give police information about their customers.
The bill (PDF) says that if passed it would "require … Read more
Microsoft Chairman Bill Gates is doing his first-ever Ask Me Anything (AMA) on Reddit today.
Gates started posting answers to questions promptly at 10:45 a.m. PT, as planned. From the introduction, it seemed clear Gates intended to focus the AMA on his job heading the Bill and Melinda Gates Foundation. ("Many of you know me from my Microsoft days. The company remains very important to me and I'm still chairman. But today my full time work is with the foundation.")
But one of the first questions Gates answered was about Microsoft. Here's the exchange:… Read more
Microsoft Chairman Bill Gates told Reddit users today that Bing is a "better product" than Google and that Windows 8 is a "huge advance."
A Redditor asked the ridiculously wealthy philanthropist during a Reddit Q&A event, dubbed an an "ask me anything" session, "Do you guys really use Bing? I mean seriously..."
Gates referenced Bing's campaign to prove that it produces results faster than Google search: "Seriously Bing is the better product at this point. Try the challenge. I am biased but the work to make Bing better … Read more
Microsoft Chairman Bill Gates is holding an "ask me anything" session on Reddit at 10:45 a.m. today.
To get a few things out of the way, he's posted a YouTube animation that answers three popular Reddit questions: How much money do you have in your wallet? Can I have a million dollars? And -- now this is the important one -- would you rather fight 100 duck-sized horses, or one horse-sized duck.
Gate's answers? $100; only if you are a starving farmer or a poor child living without medicine; and a horse-sized duck. Duh. … Read more
Rumors of a cheaper iPhone on the horizon may come as welcome news for fans of the device -- especially because iPhone users reportedly pay the highest monthly phone bills, no matter the carrier, according to AllThingsD.
Android, Windows, and BlackBerry users spend less per month to use their smartphones, according to data by Consumer Intelligence Research Partners that was acquired by AllThingsD. It seems that the higher costs come from carriers charging more for iPhone data plans and additional wireless fees.
"We think it has to do with their data plans and carriers, rather than their usage habits,&… Read more
It's fun to sit around and play "What if?" What if Google acquired Microsoft? What if Superman and Spider-Man made a movie together? What if "Downton Abbey" were a Super Nintendo game? We have a pretty good answer to that last question.
YouTube user Bill Kiley posted a video showing what the imported PBS megahit would look like as an SNES game. It comes complete with an insanely catchy digital ditty that's perfect for the SNES period. As a new footman at Downton, you're faced with a myriad of tasks that come fast and furious.… Read more
Kids can be ruthless, contrary human beings.
They see a parent's weakness and they go all "Twilight" on it.
Which is why you have to be firm with them. An example of this was Melinda Gates who declared quite forcefully in 2010 that, while her kids had asked to use Apple products, she had explained that this would be impolitic.
Yet now, in an interview with Fox Business Network, her husband Bill has placed a certain kink upon her tale.
"They never asked," he said. "So I don't know. It would be interesting … Read more
A new draft bill published today aims to increase privacy for mobile app users.
Led by U.S. Rep. Hank Johnson (D-Ga.), the bill aims to legally require app developers to publicize how they gather information and also let users request deletion of their stored data.
To create the draft language for the bill, Johnson and his Web-based initiative, AppRights, held meetings with members of the Internet community, public-interest groups, app developers, and other industry stakeholders. Dubbed "The Application Privacy, Protection, and Security Act of 2013," or the APPS Act, the bill "addresses the public's growing … Read more
Google's Eric Schmidt is now in North Korea on a junket that the State Department has frowned upon.
Schmidt is accompanying Bill Richardson, former N.M. governor and former ambassador to the U.N., on what the latter has described as a "private humanitarian mission." Among other things, Richardson plans to make inquiries about Korean-American Kenneth Bae, who has been detained by North Korean authorities.
The U.S. State Department last week expressed dismay at the prospect of the trip, with a spokesperson saying: "We don't think the timing of this is particularly helpful" … Read more
Internet & Media
Reviews - Games and Gear
Technically Incorrect
Internet & Media
1kFacebook Likes
607Tweets
595Google Plus Shares
CNET's Galaxy S4 giveaway spectacular!
CNET's publishing another supercharged e-book. "Mastering the Galaxy S4" is almost here, so we're celebrating with a huge S4-related giveaway.
Manage updates with the Download App