Ilya Zhitomirskiy, one of the founding members of the social networking site Diaspora, has passed away at the age of 22. According to the International Business Times, the company confirmed that Zhitomirskiy has died, though the cause and date of his passing have not yet been reported. IBC writes that Zhitomirskiy, along with Dan Grippi, Maxwell Zalsberg and Raphael Sofaer, created Diaspora out of growing dissatisfaction with Facebook and wanted to create “a social network that didn’t force people to surrender their privacy.” (Facebook founder Mark Zuckerberg helped contribute to Diaspora’s website fundraising, and said of the up-start, “I think it’s a cool idea.”) Zhitomirskiy’s profile on Diaspora reads, “Ilya is a Russian. He is super passionate about building a world of hacker spaces, maker culture, sharing, cycling, and life satisfaction.”
Tag: Tech (11-20 of 163)
(UPDATE: The L.A. Times reports Netflix’s stock has fallen 35 percent, and Goldman Sachs has cut its shares to sell.) Netflix jolted its shareholders again with a third-quarter financial report that portrayed a company in crisis. The video subscription service’s latest blooper reel, released Monday, included an even larger customer exodus than the company had foreseen after announcing an unpopular price increase in July. What’s worse, the report contained a forecast calling for more defections during the next few months.
The backlash will deprive Netflix Inc. of some of the revenue that management had been counting on to finance the company’s expansion plans while it pays higher fees for Internet video streaming rights. The result: Netflix expects to post losses next year when it starts selling its streaming service in Britain and Ireland. The company didn’t offer further specifics besides saying it won’t go into any other overseas markets until it’s making money again. READ FULL STORY »
Samsung Electronics unveiled its newest Galaxy Nexus smartphone Wednesday, the first to use the latest version of Google’s Android operating system. The new phone is seen as the Samsung-Google partnership’s answer to Apple’s iPhone 4S, which in less than a week on the market has already sold more than 4 million units.
At a glitzy unveiling in Hong Kong, Google executive Andy Rubin said Android’s latest “Ice Cream Sandwich” operating system demonstrates innovation “that works on phones and tablets and everything in between.”
Rubin said features like Android Beam and Face Unlock showcased Ice Cream Sandwich’s capabilities. Android Beam allows transfer of data between two smartphones by holding them together, while Face Unlock uses facial recognition technology to activate smartphones, rather than conventional passwords. However, during a demonstration at the Hong Kong unveiling, the Face Unlock feature failed to activate the Galaxy Nexus. READ FULL STORY »
When Steve Jobs stepped down from his day-to-day role as Apple’s chief in August, the stock price sank more than 5 percent in after-hours trading… but quickly rebounded once the American markets officially opened the next day. In the weeks that followed, the stock prospered as investors decided that the Apple brand was bigger than any one man — even someone as essential as Jobs had been to that brand.
Following the news of Jobs’ passing yesterday, Apple’s stock seemed to be following a similar trajectory. Early trading sent the stock down six points before buyers pushed the price back up. At 1:28 p.m. the stock was sitting at 376.50, just below its closing price yesterday. Most financial experts don’t expect Jobs’ passing to have a huge impact on the stock, as Jobs’ passing was not entirely unexpected and he had left behind what is perceived to be a capable executive team.
according to Apple. Jobs first revealed he was battling pancreatic cancer in 2004, having surgery later that year. This past January he announced he was taking a medical leave of absence from his position at Apple until the end of June; he resigned his post as CEO of the company on Aug. 24.Steve Jobs, co-founder of Apple Inc. and Pixar Studios, and the man behind the launch of the iPod, iPhone, and iPad, died today in California at the age of 56,
Jobs was a visionary, a technical genius, a ruthless dealmaker, a control freak, a cool-packaging fetishist, and a celeb who loved delivering his company’s products to other celebs as a way to network. But most of all, Apple CEO Steve Jobs was a salesman.
Videos of his keynote addresses, those heavily live-blogged events at which he unveiled the latest Apple products and innovations, are archived all over the Internet. They’ll be dissected at business schools for decades, because they demonstrate directly that there’s never been a more galvanizing high-tech celebrant. Whatever he was extolling—the introduction of the iPad, the latest iteration of the iPhone, the newest, most capacious iPod music players—Jobs came on not like a business executive but like an amalgam of high priest and rock star. READ FULL STORY »
The man who put the world of entertainment in the palm of our hands has stepped down from his position as CEO of Apple.
The Wall Street Journal has posted a letter from Steve Jobs to the company’s board of directors and “the Apple community” at large, saying that he felt he could not longer serve in his position at the technology powerhouse. “I hereby resign as CEO of Apple. I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee.”
He recommended Tim Cook, COO of the company, be chosen as his successor. READ FULL STORY »
In the moments following the not guilty verdict read by the jury in the Casey Anthony case, many in Hollywood responded, overwhelmingly with outrage, on Twitter. Anthony was acquitted of first-degree murder and other charges regarding the 2008 death of her 2-year-old daughter Caylee, but was convicted on four misdemeanor counts of providing false information to law enforcement officers against her, reports People. The result brings a controversial end to the high-profile case. Read the reactions from celebrities on Twitter below:
Holly Marie Combs (@HDonoho): “Outraged. Out. Raged.” … ”Hold up. They found her guilty of lying. Lying to covering up something she didn’t do? Fascinating.” … “If not reporting your child missing for 31 days is not aggravated child abuse I dont know what is. I really don’t. #JudicialSystem”
Roseanne Barr (@TheRealRoseanne): “miscarriage of justice…our system is broken and it sucks–death penalty should be removed–that’s why she got off”…”victory for all child murderers!”…”casey-you were so smart to hide the body in the swamp! You got away with killing your baby!”
Kaley Cuoco (@kaleycuoco): “Nice justice system. I can’t breathe. I can’t think. I’m sick. God help us.”
Carson Daly (@carsonjdaly): “That jury better get into hiding.”
Rainn Wilson (@rainnwilson): “Dear Florida, THANK YOU for freeing Casey! She’s now available for partying and babysitting!”
Sharon Osbourne (@MrsSOsbourne): “Casey Anthony not guilty??…..it’s a disgrace. She’ll probably get her own reality show now.” READ FULL STORY »
One dollar. That’s how much you’re worth to News Corp. if you still use Myspace. After six years of struggles to keep the brand viable, Rupert Murdoch and his company have sold the flailing social networking site, which still counts 35 million unique users, to online ad company Specific Media for $35 million in cash and stock, reports Reuters.
It was a major fire sale for Rupert Murdoch’s corporation, who purchased Myspace in 2005 for $580 million. The media conglomerate, which will retain a small stake of Myspace, was hoping to recoup at least some of its investment in the race between Specific, Golden Gate Capital, Austin Ventures, and Activision Blizzard CEO Bobby Kotick. In fact, the final bid fell well short of a projected $100 million price tag. READ FULL STORY »