Today is my 60th birthday. When I came to Silicon Valley I was 24. It feels at times like my adult life has paralleled the growth and maturation of the Valley. When I came here there were still orchards. You could buy cherries, fresh from the fields, right on El Camino Real in Sunnyvale. Apricot orchards surrounded Reid-Hillview Airport in San Jose, where I flew in those early days because hangars were already too expensive in Palo Alto. My first Palo Alto apartment rented for $142 per month and I bought my first house there for $47,000. I first met Intel co-founder Bob Noyce when we were both standing in line at […]
I, Cringely version 3.01
Instagram’s Exit Plan
Update — Instagram now says it was all a huge mistake, that users own their pictures and there’s no way Facebook is going to sell them to anyone… but the company hasn’t yet revealed alternate legal language, which they should have been able to cobble up in an hour or two. The underlying problem of mean-spirited, self-serving, over-reaching terms of service is still with us at Instagram and almost everywhere else. Their revised terms of service were stupid and couldn’t stand. Let’s hope in their next attempt to grab rights (because that’s what this whole thing was about and probably still is) Instagram and Facebook treat their users fairly. Until they do, most of what’s […]
Dr. Al explains the so-called “so-called fiscal cliff”
Most of us have had mentors and when it came to becoming a writer three of mine were the late Bill Rivers at Stanford who taught me to think and not just report, legendary book editor Bob Loomis at Random House who felt I might be able to stack enough of those thoughts together to fill a book, and a guy most of you know as Adam Smith, who let me copy his style.
Smith, named after the English economist and writer, helped start both New York and Institutional Investor magazines while at the same time punching out books like The Money Game and Paper Money — huge best sellers that taught regular people how the financial […]
More stupid IBM tricks put customer data at risk
I heard from dozens of readers this morning about a message IBM sent to its current employees concerning their 401K plan — changing it from a contribution in every paycheck to a single contribution at the end of the year. Of course if you are laid off that means no annual contribution, less retirement savings, but a real bonus to the company. This, in itself, isn’t worth a column. It’s just Scrooge IBM being more Scrooge-like in search of that 2015 earnings target. What is worth a column is putting this news in the context of IBM having failed its recent internal security audit, which should concern IBM customers.
What, they didn’t tell you?
How well is […]
While the Intel board was firing Paul Otellini they should have fired themselves, too
Paul Otellini this week resigned his position as CEO of Intel as I’m sure you’ve already heard or read. Analysts and pundits are weighing-in on the matter, generally attributing Otellini’s failure to Intel’s late and flawed effort to gain traction in the mobile processor space. While I tend to agree with this assessment, it doesn’t go far enough to explain Otellini’s fall, which is not only his fault but also the fault of Intel’s board of directors. Yes, Otellini was forced out by the board, but the better action would have been for the board to have fired itself, too.
If there was a single event that triggered this end to Otellini’s tenure at Intel I’m […]
