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Forbes - Tech

Greenlight's David Einhorn: Why Apple Can Hit $1 Trillion
Wed, 16 May 2012 20:13:04 GMT
In what has become a classic Ira Sohn address, David Einhorn of Greenlight Capital presented some interesting ideas, such as Amazon’s profitless revenues being a riddle, buying Apple to benefit from their sales to Chinese consumers (he suggested it could be a trillion dollar company), and the weak position of U.S. Steel.
Don't Sweat Missing Out On Facebook's IPO, And Don't Buy It Friday
Wed, 16 May 2012 14:36:26 GMT
If you haven’t heard, Facebook is going public this week, and judging by the recently-upped price range for its offering there is no shortage of interest in the social network’s shares.
Fab.com Turns Up Social Volume Again
Wed, 16 May 2012 14:51:17 GMT
Fab.com has been one of the fastest growing e-commerce startups--it's been called the fastest ecommerce company to 1 million users. One of the keys to its success has been its use of social features, as I noted in a recent story. Now it's adding a whole new set of social features.
Groupon Can Reach $14 With A Focus On New Offerings
Wed, 16 May 2012 16:12:20 GMT
Groupon reported its earnings for Q1 2012, and has made an impressive comeback with record revenue and operating profit of nearly $40 million. Its revenue increased nearly 90% year-over-year as its gross billings more than doubled during the quarter.
Just Because Facebook Ads Don't Work For GM Doesn't Mean They Don't Work
Wed, 16 May 2012 16:13:19 GMT
If Aaron Sorkin had written a sequel to "The Social Network" that followed the Facebook saga all the way up through its IPO, what happened Tuesday would have been panned by critics as a melodramatic, contrived plot twist. Just days before the big event, with the whole world watching, one of the biggest advertisers on the planet yanks its $10 million Facebook budget, citing concerns about the site's fundamental value as a marketing platform.
From Astronaut-Hero To Space-Trucker: The Human Spin on Space Commercialization
Thu, 17 May 2012 10:31:41 GMT
The cast of “Alien,” Ridley Scott's 1979 sci-fi blockbuster, may actually be more akin to future space-farers than our citizen heroes from NASA's Apollo era. After all, the film presents a view of space travel that is based as much on economics as wanderlust and this is arguably as it should be.
Apple's Recent Stock Price: Explanations
Thu, 17 May 2012 10:08:17 GMT
Apple is trading at $546.  As recently as April 9, it touched $640.  A year ago, it was $332.  So the stock appreciated 93% from a year ago to its high, and has retreated 15%.  The retreat is making investors nervous because a $94 price drop sounds much worse than a 15% decline on the heels of a 93% run-up.  Why is Apple’s stock gyrating so much?
The Virtues of Having Strange People Close By
Thu, 17 May 2012 07:26:25 GMT
Hey Blizzard and EA, Single Players are Grabbing Their Pitchforks and Coming For You
Thu, 17 May 2012 07:25:45 GMT
image thumbnail - see full story for attributions
I generally don't dabble in the video game beat. Forbes has a handful of contributors who cover it far better than I ever could. But I'm leaving my swim lane for a moment because sometimes you just have to throw down and let the Man know you don't appreciate what
Entrepreneurs Are Drawn By Vision; Managers Are Driven By Process; Transforming Healthcare Will Require Both
Thu, 17 May 2012 06:39:45 GMT
This week’s much-anticipated Facebook IPO has stimulated a healthy national discussion about the nature of innovation and the role of entrepreneurship. 
After The IPO, What's Next For Facebook?
Thu, 17 May 2012 05:37:40 GMT
Facebook's blockbuster initial public offering this week, which could be worth $12.8 billion at the top of the range, is expected to be the largest Internet IPO ever, surpassing Google's 2004 IPO of less than $2 billion.
Secret 'Diablo III' Level 'Whimsyshire' Discovered, And There Was Much Rejoicing
Thu, 17 May 2012 04:40:03 GMT
Diablo III isn't all demons and undead monsters.
Facebook: Facing the Facts
Thu, 17 May 2012 02:20:08 GMT
image thumbnail - see full story for attributions
Is the upcoming Facebook offering a $100 billion sucker bet? Mark Zuckerberg, Facebook founder and CEO, during his European Tour. (Photo credit: Wikipedia) As the mainstream media amps up the hype like a bunch of teenagers partying in a house their parents have left for the weekend, there are signs that millions
The Fight Over TV Is A Fight For Platform Power
Thu, 17 May 2012 01:29:39 GMT
By James McQuivey
Generation Gap: How Technology Has Changed How We Talk About Work
Thu, 17 May 2012 00:29:52 GMT
Guest post written by Scott Weiss
Sell Apple To Buy Facebook? Or How About A Nice Index Fund?
Wed, 16 May 2012 23:36:55 GMT
Guest post written by Jon Stein
Four Secrets To More Effective E-mail Marketing
Wed, 16 May 2012 23:03:24 GMT
Guest post written by Sam Cece
Celebrity Entrepreneurs on the Rise?
Wed, 16 May 2012 22:50:24 GMT
Whereas once upon a time a celebrity lending his or her recognition to further a product was called a sell-out, today getting behind a product and using one’s fame to help it along is called entrepreneurship. And rightly so. The kind of active investment we’re seeing from celebrities like 50 Cent, Ashton Kutcher, Sean Combs and Leonardo DiCaprio is marked by market research, personal engagement in the product and an ownership stake. Sure, a lot of these glitzy moguls-in-the-making have business managers and research teams, but compare their entrepreneurial endeavors to what they could be doing – renting out their likenesses to underwear ads – and you’ve got to admit they are a little bit more engaged.
Near Field Communications: More Than Mobile Payments
Wed, 16 May 2012 22:34:53 GMT
Guest post written by Craig Ochikubo
Forbes Games: DRM Slows And Game Of Thrones Woes
Wed, 16 May 2012 22:24:28 GMT
Activision Blizzard's Diablo III hit stores on Tuesday, and fans of the video game franchise have already made the release a monster hit. But some new owners are steaming about connectivity issues that made it impossible for them to try out their purchase, and wondering why a single-player game needs to go online in the first place.
Gold Erases Last Summer's Gains But Don't Count It Out
Wed, 16 May 2012 22:15:27 GMT
So the price of gold keeps falling, and it keeps falling despite the imminent failure of Greece's Euro membership, the looming collapse of Europe's banking system, and the fast-looming debt-ceiling repeat and fiscal cliff in the US.
WikiLeaks: No, Media "Morons," We Didn't Help Iran Execute An Israeli Spy
Wed, 16 May 2012 22:11:07 GMT
Since WikiLeaks first released its flood of classified State Department memos in December of 2010, the secret-spilling site's critics have been searching for evidence that Julian Assange's disregard for official secrecy would directly hurt some innocent bystander. On Wednesday, those critics seemed to have found their best evidence yet of that harm. Nevermind that the facts didn't agree with them.
Whoops. How DNA Site 23andMe Outed Parents Who Gave Their First Baby Up For Adoption.
Wed, 16 May 2012 22:11:02 GMT
A 23andMe user got quite a surprise when she went looking for relatives on the site. She discovered a full brother.
Meet The Woman Behind Europe's New Lunchtime Dance Craze
Wed, 16 May 2012 22:02:46 GMT
Something extraordinary is happening in Sweden.
The Best-Kept Secret in Tech is in Utah
Wed, 16 May 2012 22:00:00 GMT
How a family in Provo built one of the fastest-growing, most profitable software firms no one has heard of apart from its fanatic customers.
Buy / Sell / Hold
Wed, 16 May 2012 22:00:00 GMT
Bullish times for the Volcker Rule and activist shareholders. Sell CEO shenanigans.
The Best-Kept Secret in Tech is in Utah
Wed, 16 May 2012 22:00:00 GMT
How a family in Provo built one of the fastest-growing, most profitable software firms no one has heard of apart from its fanatic customers.
Scorecard
Wed, 16 May 2012 22:00:00 GMT
Scorecard
Wed, 16 May 2012 22:00:00 GMT
GM Kiss-off Screams Need For Facebook Ads That Follow Users Around The Web
Wed, 16 May 2012 21:34:57 GMT
After spending nothing but time on Facebook, I've attracted over 100K followers. After spending $40 million per year on its Facebook presence, as reported by the Wall Street Journal, General Motors has attracted just 378K fans to its primary page. While it does have dozens of other car-related Facebook pages which have also attracted 'likes,' that's fairly depressing and is perhaps part of the reason that the company wants to cut back on its Facebook spending.

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 Word of the day 

Merriam-Webster's Word of the Day for May 17, 2012 is:

maffick • \MAF-ik\ • verb
: to celebrate with boisterous rejoicing and hilarious behavior

Examples:
Fans mafficked for hours outside the stadium, celebrating the team's dramatic victory in the division championship.

"In half an hour, after the mildest of mafficking, the last visitors of the exhibition's last day had gone out of the gates and the staff began their final acts of closing up shop." — From an article in The Guardian (London), October 1, 2011

Did you know?
"Maffick" is an alteration of Mafeking Night, the British celebration of the lifting of the siege of a British military outpost during the South African War at the town of Mafikeng (also spelled Mafeking) on May 17, 1900. The South African War was fought between the British and the Afrikaners, who were Dutch and Huguenot settlers originally called Boers, over the right to govern frontier territories. Though the war did not end until 1902, the lifting of the siege of Mafikeng was a significant victory for the British because they held out against a larger Afrikaner force for 217 days until reinforcements could arrive. The rejoicing in British cities on news of the rescue produced "maffick," a word that was popular for a while, especially in journalistic writing, but is now relatively uncommon.