Queen Elizabeth has honored five engineers who created the Internet and World Wide Web in her first Prize for Engineering.
Louis Pouzin, Robert Kahn, Vint Cerf, Tim Berners-Lee, and Marc Andreessen will share an award of 1 million pounds. They are credited for helping spawn the Internet, (Sorry, Al Gore. You didn't quite make the cut.), which the prize site said is "an engineering achievement that has changed the direction of the world."
"The Internet and WWW led to a communications revolution of unprecedented power and impact," the site said.
Pouzin, Kahn, and Cerf made … Read more
Famed Silicon Valley venture capitalist Marc Andreessen believes there is one major difference between Tim Cook and Steve Jobs: a desire for market share.
Speaking last night at an event in New York City, Andreessen said that Jobs' "single playbook" was to "invent a new product category, start with 100 percent market share, and then every day that goes by, lose market share until some terminal outcome."
Andreessen pointed to the Macintosh computer, the iPod, the iPhone, and the iPad as examples of that strategy. He noted -- correctly so -- that while Apple might own … Read more
If you think your tax bill was bad, try being Marc Andreessen.
The venture capitalist and Facebook board member disclosed today in an SEC filing that he sold more than 2.3 million shares of Facebook at prices ranging from $22.85 to $23.83 per share. All told, the sales added up to more than $54.1 million.
The selling is not a reflection of his belief in Facebook, however. Rather, he's using the money to pay taxes that he owes from his restricted stock units, which were recently converted into actual shares. Facebook said in September that … Read more
Silicon Valley leaders are hoping that immigration reforms known as "Startup Act 2.0," which have been stalled in the U.S. Congress, will fare better under President Obama's second term.
"I think the main issue the tech industry should focus on is Startup Act 2.0," Andreessen Horowitz's Marc Andreessen told CNET yesterday. "That would be amazing not just for Silicon Valley but for American job creation -- since the companies that are founded by skilled immigrants create so many jobs for Americans."
So far, at least, the left coast's … Read more
As soon as President Obama offered the phrase "horses and bayonets" during his final debate with Mitt Romney last month, the Twitterverse lit up. It wasn't long before we learned that the quip turned out to be the most tweeted remark of the final presidential debate, good for some 105,767 tweets per minute.
The media duly took note of the occasion. In fact, each time there's big news -- Hurricane Sandy or a presidential debate -- the media quickly inform us how the event is playing out on social media. Indeed, we've come to … Read more
SAN FRANCISCO -- The way people pay for things is changing fast -- but it's about to start changing even faster, eBay CEO John Donahoe said this morning.
Speaking at the BoxWorks conference, Donahoe said the rapid adoption of mobile devices by consumers was making it easier for consumers to pay in a variety of new ways. Countless companies have sprung up trying to cater to those consumers, he said, and the result will be a flurry of innovations.
"Most people are underestimating how fundamentally the shopping and payment experience is going to change," said Donahoe, who … Read more
Steve Jobs left strong impressions on the people he knew, and some of them have shared those impressions in the latest issue of Forbes.
Stories about meetings and encounters with Jobs are always intriguing owing to the multifaceted personality of the man.
This Friday marks the one-year anniversary of the death of the Apple leader, prompting the magazine to publish some of the "untold" tales about Jobs as related by friends and colleagues.
Web browser guru and now venture capitalist Marc Andreessen related a story in which Jobs showed him a prototype of the first iPhone in 2006. … Read more
"This is word of mouth at scale, and it's made possible through real identity ... on mobile devices we haven't seen before," Sandberg said. "… Read more