News & Analysis

  1. pando-inside-baseball

    Stratechery asks, Have we reached “Peak Google?”

    “I think Google is quite safe when it comes to search, and that they will be a very profitable company for the foreseeable future. I just suspect we will all think differently about that dominance when it’s a small percentage of total digital advertising, just as we thought differently about IBM’s dominance of mainframes in the age of the PC, or Microsoft’s dominance of PCs in the age of the smartphone.” – Ben Thompson, Stratechery
  3. ode-to-uber

    The horrific trickle down of Asshole culture: Why I’ve just deleted Uber from my phone

    We shared this in our News Ticker already, but I still can’t believe that an office of Uber — a company valued at $18 billion and held up as a bastion of modern entrepreneurship — posted an ad that encouraged, played on, and celebrated treating women who may chose to drive cars to make extra money like hookers. As a woman in this industry struggling mightily with growing sexism in tech demonstrated by people like Uber founder Travis Kalanick,…
  4. student-loan-payoff-party

    Startups Anonymous: Student entrepreneurship seems rigged…

    [This is a weekly series that brings you raw, first-hand experiences from founders and investors in the trenches. Their story submissions are anonymous, allowing them to share openly without fear of retribution. Every Wednesday, we'll run one new story chosen by Dana Severson, who operates StartupsAnonymous, a place for startups to share, ask questions, and  answer them in story-length posts, all anonymously. You can share your own story here.] This is for those whose family…
  5. Gavin Andresen

    State of Bitcoin: Recapping Bitcoin Chief Scientist Gavin Andresen’s fantastic Reddit AMA

    Gavin Andresen doesn’t want to be the “spokesmodel” for bitcoin, telling an audience of admirers as much during a Reddit Ask-Me-Anything (AMA) yesterday. But as the Chief Scientist of the Bitcoin Foundation and the last known person to communicate with Satoshi Nakamoto, bitcoin’s eponymous inventor with whom he worked closely (remotely) during the protocol’s early days, Andresen is unavoidably one of the most influential figures within this growing industry. Andresen began the AMA session by detailing his early career,…
  7. angry_birds

    New game RETRY shows that Rovio can still be an interesting gaming company

    Rovio is struggling. In the last year the company has posted declining revenues, replaced its chief executive, and revealed that its Angry Birds franchise lost more than 60 million players between 2012 and 2014. It looks like the roc of mobile gaming has become a hummingbird. But there’s an interesting game company lying beneath Angry Birds’ feathers. The game it released via its experimental publishing division today seems much more appealing than the most recent Angry Birds game…
  8. elsewhere

    Hungary plans data transfer tax

    Hungary plans to introduce a new tax that would charge ISPs the equivalent of 60 cents per gigabyte of data traffic, Reuters reports. More than 100,000 people joined a Facebook group protesting the tax, which is expected to raise costs for ISPs and their customers, shortly after it was revealed to the public. [Source: Reuters]
  9. smartphone_china

    Apple all but confirms the Chinese government’s behind recent iCloud attacks

    Apple has confirmed that it’s aware of “intermittent organized network attacks using insecure certificates to obtain user information” from its iCloud service, after reports indicated that the Chinese government was performing man-in-the-middle attacks on people in mainland China. The attacks were first reported by GreatFire, a watchdog site devoted to China’s censorship and surveillance efforts, and later confirmed by the New York Times and other outlets. It seems that the attacks were timed to coincide with the iPhone 6…
  11. elsewhere

    Uber offers to pair riders with “hot chick” drivers

    Uber Lyon has a sexist new promotion offering to pair riders with “hot chick” drivers. The ads offer provocative photos of women, and a video advertisement includes a number of shots focused on a woman’s breasts and outrageously high heel shows. [Source: BuzzFeed]
  12. pando-breaking-news-small

    Staples probably suffered a credit card data breach

    It’s not official yet, but it’s looking like we can add Staples to the list of retailers that suffered from credit card data breaches in the last year. If the company confirms that it was breached — it’s currently investigating the possibility now — it will join Home Depot, Target, Kmart, Dairy Queen, and countless other companies on this not-so-exclusive list. [Source: Ars Technica]
  14. yahoo-truck

    Saving Yahoo may be a long shot, but it’s still worth trying

    Forget that Google’s revenue is growing by 20 percent a year. Or that Facebook’s revenue is growing by 55 percent a year, with the bulk of that coming from mobile ads. Yahoo managed for once to eke out 1 percent revenue growth, and that is actually something for the company to celebrate. As good financial news goes in the Internet sector, this was thin gruel. But it was just nourishing enough to allow Marissa Mayer to make the case that…
  15. pando-inside-baseball

    N.J. won’t release probe of controversial pension investment until after the election

    ‘The investment came to light in a report of the tech news website Pando Daily. The reporter who wrote it, David Sirota, said Monday that his public records request for the review’s outcome was denied by the Department of Treasury because it was considered “consultative and deliberative material.”‘ –
  16. Mobile Payments

    Looking to handicap Apple Pay’s chances at success? Look elsewhere around the globe

    Apple Pay officially launched today ushering the US squarely into the early 2000s when it comes to contactless mobile payments. I say this not to suggest that Apple Pay isn’t an innovative and potentially-transformative service – it is – but, rather, to illustrate that much of the rest of the world has been paying for goods and services using their phones for years now. Case in point, while living in Seoul South Korea in 2005 and 2006, something very similar to…
  18. oracle-lawsuit

    Oracle latest to be sued for Techtopus wage-fixing, following Pando’s reporting on its involvement

    An antitrust lawsuit was filed last week against Oracle and Google. This makes the third such antitrust lawsuit to grow out of the Techtopus Silicon Valley wage-fixing sandal. Unlike most of the secret non-solicitation agreements being litigated, this one involving Google, Oracle and Sun was limited to non-recruitment of management level and above. The plaintiffs representing the class suit (embedded below) are Hogue Belong, who seeks to represent Oracle managers and senior workers affected from 2007 on; and Greg Garrison, an Oracle…
  19. Screen Shot 2014-10-21 at 12.07.46 PM

    Uber driver who allegedly assaulted a woman confronts his accuser in a comments section

    News site comments sections are usually dominated by trolls and spambots. But over at a CBS local affiliate website in San Francisco, a dispute is playing out that involves possible criminal charges and one of the highest-valued companies in the Valley. Over the weekend, a San Francisco Uber driver allegedly pulled a woman from his vehicle and smashed her phone following a dispute over directions. The man was cited by police for battery, malicious mischief, and vandalism, and Uber has suspended the…
  20. pando-breaking-news-small

    SF Uber driver allegedly pulled rider from car, smashed her phone

    A rider has accused a San Francisco Uber driver of pulling her out of the car and smashing her phone, after a disagreement over directions. Uber has suspended the driver, who was cited by police for “battery, malicious mischief, and vandalism.” [Source: KPIX in San Francisco]

The Week in Review