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Jobs threatened to sue Palm in anti-poaching brouhaha

Jobs threatened to sue Palm in anti-poaching brouhaha

Posted by | Jan 23, 2013 | |

Apple co-founder Steve Jobs threatened to file a patent lawsuit against Palm if that company’s chief executive didn’t agree to refrain from poaching Apple employees, according to a court filing made public, reports “Reuters” (http://tinyurl.com/a49voch).

The communication from Jobs surfaced in a civil lawsuit brought by five tech workers against Apple, Google, Intel and others, alleging an illegal conspiracy to eliminate competition for each other’s employees and drive down wages. The defendant tech companies have attempted to keep a range of documents secret, notes “Reuters.”

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What Amazon needs to make the Kindle Fire experiment a success

Posted by | Jan 22, 2013 | , |

The Kindle Fire, which Amazon is widely reported to be sold at cost or below the margin, has been one of the most intensely followed technology product stories over the past year.

A new study from ABI Research (www.abiresearch.com) concludes that the cross-subsidized device model that Amazon uses is a viable strategy. According to senior analyst Aapo Markkanen’s calculations, the firm would need, on average, an incremental profit of about $3 in each month of a tablet’s lifespan to achieve an overall profit margin of 20%.

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Apple rumors for Jan. 22

Apple rumors for Jan. 22

Posted by | Jan 22, 2013 | |

Here are the latest Apple-related rumors from the blog-o-sphere:

“The latest rumors out of Asia claim that Apple will launch three new smartphones in 2013, including a next-generation iPhone, a cheaper model handset and a surprise large-format device with a 4.8-inch screen tentatively dubbed the ‘iPhone Math’.” — “AppleInsider” (www.appleinsider.com)

“Apple forced Google’s hand on Android.” — “ReadWrite Mobile” (www.readwrite.com)

“Apple again seen cutting iPhone 5 panel orders.” — “iDownloadBlog” (www.idownloadblog.com)

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Public offerings decrease innovation at technology companies

Posted by | Jan 18, 2013 | , |

For many entrepreneurs, it is a dream on par with finding the Holy Grail: an initial public stock offering that can turn a startup into the next Google and a 20-something founder into the next mega-millionaire.

Yet, for all that money and drama, do initial public offerings (IPOs) speed up technological innovation?

Not necessarily. An eye-popping new study by Shai Bernstein, an assistant professor of finance at the Stanford Graduate School of Business, finds that innovation slowed down by about 40 percent at tech companies after they went public.

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