For investors in Boo.com, WebVan and eToys, the bursting of the dotcom bubble came as a bit of a shock. Companies like this raised vast sums on the promise that the worldwide web would change everything. Then, in the spring of 2000, stock markets collapsed. Some economists had long been sceptical about the promise of computers. In… Read more »
Monthly Archives: August 2017
YouTube stars win fair use legal battle
Videomakers Ethan and Hila Klein, who run the YouTube channel h3h3 Productions, have won a legal battle over copyright in online video. The pair were sued after making fun of a video by another film-maker, Matt Hosseinzadeh, in which he pursued a love interest using parkour. They had used clips of his film, which he… Read more »
Jon Snow: Facebook a threat to democracy
Facebook should do more to tackle the spread of “cancerous” fake news, and help fund original journalism, newsreader Jon Snow has said. The journalist, who has presented the British Channel 4 News since 1989, gave the MacTaggart Lecture at the annual Edinburgh TV festival. He said Facebook’s inaction was a “threat to democracy”. Facebook’s founder… Read more »
East Africa is leading the world in drone delivery
The cutting edge of drone delivery isn’t one of the usual technology hotspots, such as Singapore or the United States. The honor belongs to East Africa. A second East African nation announced Thursday it will launch a fully automated drone delivery program. The drones will fly themselves, far from the view of humans — a move… Read more »
What Amazon knows: ‘The war for retail will be won in groceries’
Amazon believes the future of grocery shopping is online. So why is the retail giant spending $13.7 billion to acquire 460 brick-and-mortar Whole Foods stores and lower prices on “organic bananas” and “responsibly-farmed salmon?” Answer: To dominate the grocery business like it has many others by increasing the number of customers while undercutting the competition. Source: CNN Technology… Read more »
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