Shortly after its loss to Google, Oracle is heading back to the court room to handle a lawsuit leveled by HP. HP is suing Oracle for $4 billion in damages that accrued after Oracle stopped supporting HP’s Itanium-based servers.
Jony Ive, the man who has designed Apple’s hardware products for almost two decades and its software products for three, has been promoted to chief design officer. Apple created this position specifically for Ive, who will hand off his managerial duties and focus on, well, designing things. [Source: 9to5Mac]
John Nash, the prize-winning mathematician who inspired the film “A Beautiful Mind,” died yesterday in a car crash at age 86. In a recent interview with British filmmaker Adam Curtis for his BBC series “The Trap,” Nash essentially disowned his influential Cold War theories on equilibrium as symptoms of his paranoid-schizophrenic delusions. [Source: “The Trap: What Happened to Our Dream of Freedom”]
Expedia has sold its 62.4 percent stake in eLong, a Chinese travel firm, for $671 million. One of eLong’s competitors, Ctrip.com, is now said to own around 37 percent of the company. [Source: GeekWire]
May 25, 2015
Many of the companies under [the sharing economy] umbrella, like labor marketplace TaskRabbit, don’t involve ‘sharing” anything other than labor. If TaskRabbit is part of the sharing economy, then so is every other worker in America.
Nobody wants to step off a plane, wander through an airport, then wait in line for a taxi. Yet many airports are struggling to support on-demand services like Uber because they take up extra space, require them to pay more for insurance, and otherwise complicate a delicate system. [Source: The New York Times]
Google is reportedly working on a new Photos application that brings its image-backup service out of the moribund Google+ social network. The new app is expected to feature streamlined editing tools, a new design, and other updates that will allow it to thrive as a standalone service. [Source: Android Police]
The National Security Agency will end its bulk phone records collection on June 1 even though the USA Freedom Act, which would have curtailed the agency’s surveillance capabilities, failed to pass in the Senate. [Source: The Guardian]
Amazon will no longer funnel its European revenues through Luxembourg to take advantage of the country’s low corporate tax rates. Instead, it will report revenues in the appropriate countries — beginning with Italy, Germany, the United Kingdom, and Spain — and pay them the appropriate taxes. [Source: The Wall Street Journal]
“Yes, the President of the United States might have an entire division of highly trained agents dedicated to protecting his life, and one of the world’s most competent social media teams. But on the internet, chaos reigns — for good, for ill. No mass of mere meat-power can hold the barricades. Maybe the next press conference will give us an official White House position on block lists.”