Last week Moon Express, a contender for the Google Lunar X-Prize (GLXP), announced that the company had received interagency approval from the White House, Federal Aviation Administration (FAA), Department of State and other U.S. government agencies “for a maiden flight of its robotic spacecraft onto the Moon’s surface to make the first private landing on the Moon.” This heady announcement got a lot of press including this story I am linking to because it was in the New York Times, the USA’s so-called paper of record. If the Times writes “gets approval to put robotic lander on the Moon” it must be true. Only this story isn’t true. Yes, […]
Delta Airlines last night suffered a major power outage at its data center in Atlanta that led to a systemwide shutdown of its computer network, stranding airliners and canceling flights all over the world. You already know that. What you may not know, however, is the likely role in the crisis of IT outsourcing and offshoring.
Whatever the cause of the Delta Airlines power outage, data center recovery pretty much follows the same routine I used 30 years ago when I had a PDP-8 minicomputer living in my basement and heating my house. First you crawl around and find the power shut-off and turn off the power. I know there is no […]
A few weeks ago I published a column here about online journalism. You may remember it from the picture of Jerry Seinfeld which I am using again here. While I have many readers in China, my work isn’t normally distributed there so I was surprised when a reader told me that column had been translated almost in its entirety and republished on a Chinese web site. How should I feel about this?
I might be flattered or I might be angry. Certainly the translation was not authorized by me and I received no payment for it. It goes far beyond the 250 word excerpt that is the day-to-day definition of Fair Use […]
So Verizon is buying the heart of old Yahoo! I include the exclamation point because it was always there in the Yahoo! we knew back when the Internet was young. $4.83 billion in cash is a lot of cash, but for Verizon it’s a way of buying into the future while buying what to many of us seems to be the past. So let’s get the business part out of the way: Verizon can see Yahoo! as a bargain because Yahoo! has nearly always been more profitable on a gross margin basis than Verizon, a phone company. Even Yahoo! in decline will pull Verizon up. But that’s not why I’m writing […]
SoftBank is buying ARM Holdings for $32 billion. Why would a company not presently in the semiconductor business spend 32 times sales to enter a new industry? By traditional measures it makes little sense. But for SoftBank it makes perfect sense, because here’s a company that has spent more than 30 years making high-risk bets on entering new businesses by apparently over-paying for assets. It’s the way they’ve always done it and it has nearly always worked. In this case SoftBank is paying a 43 percent premium over the recent ARM share price because that’s how much money it took to overcome the resistance of ARM management. And it’s just a guess […]