‘But today, the major players in what’s called the “tech industry” are enormous conglomerates that regularly encompass everything from semiconductor factories to high-end retail stores to Hollywood-style production studios. The upstarts of the business can work on anything from cleaning your laundry to creating drones. There’s no way to put all these different kinds of products and services into any one coherent bucket now that they encompass the entire world of business.’
Original source: There is no “technology industry”
“[W]e shouldn’t have to depend on journalism to do the tedious, serious work of understanding the problems with algorithms any more than we depend on it to pursue the latest questions in sociology or environmental science.”
More: “There is essentially no distinct field of academic study that takes seriously the responsibility of understanding and critiquing the role of technology — and specifically, the algorithms that are responsible for so many decisions — in our lives.”
Original source: The Ivory Tower Can’t Keep Ignoring Tech
“The roughly 60 or so publicly traded software companies hold more than $380B in cash and short term investments on their balance sheets. Though Microsoft, Google, Cisco and Oracle possess 75% of that cash, 14 other companies have cash reserves of greater than $500M.”
Source: Tech companies that are likely to acquire startups in 2016
“Just looking at the stats for The Verge, our mobile traffic is up 70 percent from last year, while desktop traffic is up only 11 percent.”
The mobile web sucks
Well, this is a problem:
But Gigaom’s research business had actually become a significant drag on the company. While it had started out as a “pro” subscription business charging individuals as much as $299 a year, after a couple of pivots, the company’s research arm was now focused on creating custom whitepapers and other products, like Webinars, for corporate clients. While that group booked $8 million in business last year, it wasn’t profitable. That was partly due to high sales and product costs and but also because some of that $8 million never materialized as the company didn’t create the work it was supposed to.
As reported in one of the more in-depth pieces in GigaOm over at re/code.
The advertisements will be a little bigger, too, and my advice is for you not to complain, but to engage with our sponsors, who pay the bills around this joint and who make our strategic, tactical, and technical material possible.
I’m a fan of everything TPM writes, he’s excellent and his coverage is always deep and timely. The Four Hundred/IT Jungle is about the best place for keeping up with IBM news. You can skip the AS/400 stuff and just read then general IBM news. Also, Enterprise Tech is a similarly excellent approach to general infrastructure concerns.
Good journalism takes money. If you are made to pay, it’s to serve you better and please you
We’ll see how much they get funded for and then wheel back on the multiple. Revenue here:
The AllThingsD business brings in roughly $12 million in annual revenue for News Corp and is modestly profitable, according to people familiar with those books.
How much is tech journalism worth?