New documents from Edward Snowden’s cache reveals that the U.S. government paid tech companies, such as Google, Yahoo!, Facebook and Microsoft, millions of dollars to keep their operations compliant in the wake of a federal court ruling.
A major factor in Facebook’s botched IPO in May 2012 was interest in its stock by uninformed investors who knew the brand but didn’t know about the company’s financials, experts said this afternoon at a panel on technology IPOs at Bloomberg’s Next Big Thing Summit in Half Moon Bay.
San Francisco mayor Ed Lee today pointed to the growth of the technology industry as a major success of his administration, even as anger in the city has mounted over skyrocketing rents and urban congestion worsened by the fleet of private buses that take workers to and from the campuses of the largest technology companies in Silicon Valley.
Ask a television viewer to describe the perfect living room world, and s/he would likely say unlimited content on demand for free and with no ads. Internet-based streaming devices such as Roku and Aereo will likely deliver just a small part of that utopia, according to those companies’ CEOs.
We used Storify to create this recap of Fast Company’s Social Media Week panel at the Bloomberg offices in New York City on February 21, 2013. Fast Company social media editor Anjali Mullany moderated an all-star panel that included Lee Brown, global head of sales at Tumblr; Josh Miller, founder of Branch; Jared Cluff, senior vice president of marketing at Fab; and Jonathan Perelman, VP agency strategy and industry development at BuzzFeed.
For updates on future episodes of “Cubes,” be sure to follow us on Twitter: @mediabistroTV
Bloomberg News editor-in-chief Matthew Winkler has been known to be critical of Twitter in the past, making his conversion and first Tweet that much more surprising.
The hacker used Amazon’s Elastic Computer Cloud, also known as EC2, service to infiltrate Sony’s online entertainment systems last month. EC2 is fairly cheap, 3 cents to $2.48 on the east coast. The hack had to be performed by a person with knowledge of the matter. The intruder used a fake name in order to set up an account.
The American Society of Newspaper Editors released a new report, 10 Best Practices for Social Media, which examined the social media policies of 19 news organizations — large and small, local, national, and international — to come up with a list of best practices.
Say hello to Bloomberg Media Group, a combination of the business operations of Bloomberg L.P. units Bloomberg Businessweek, Bloomberg Markets magazine, Bloomberg Television, Bloomberg Radio, Bloomberg.com, and Bloomberg Mobile, uniting the company’s television, print, radio, mobile, and digital media properties under one umbrella.
Bloomberg Businessweek president Paul Bascobert will serve as head of business operations for Bloomberg Media Group, retaining his role at Bloomberg Businessweek and reporting to Bloomberg Media Group CEO Andy Lack.