In addition to a legacy of adventure and entrepreneurship, Steve Fossett leaves behind a top secret project he'd been working on. He had bought a highly advanced underwater submersible he hoped would take him to the bottom of the Mariana Trench, lower than any point on Earth humans have gone. Reporter Daniel Terdiman joins today's podcast to talk about the project and where it goes from here.
Correction: This story reported that Fossett would have been the first person to dive to the bottom of the Mariana Trench. In fact, a team of two men did the dive in 1960, aboard a bathyscaphe--a "deep boat"--called the Trieste. Had Fossett made the trip, he would have been the first to do it solo.
Steve Fossett was known for many things, but perhaps the millionaire entrepreneur was best known for the many world records he set in a variety of different adventure sports.
And were it not for what seems certain to be his untimely and … Read more
Steve Jobs heart attack… not http://news.cnet.com/8301-13579_3-10057521-37.html
Music publishers keep same download rate, Apple keeping … Read more
CNN's iReport featured a story on Friday saying that a "reliable source" told them that Apple CEO Steve Jobs suffered a heart attack and was rushed to the hospital. Since then, Apple has denied the report, saying nothing of the sort happened. After confirming Apple's statement, CNN took the article down.
So it looks like Jobs is doing just fine. But then again, what if he wasn't? I'm willing to accept that he never had the heart attack (why would Apple lie?), but doesn't it beg the question of whether or not Apple should appoint an heir apparent?
I know, I know: some people believe Jobs' health is a private matter and should stay that way, but the stock price plummeted on an unsubstantiated report that Jobs had a heart attack. Can you imagine how far it would fall if it was true?
See, what too many seem to forget is that Jobs is the key to Apple's success and the figurehead that shareholders look to for safe-keeping of their money. Thousands of people are willing to put their retirements in the proper judgment of Jobs, and I think it's time Apple wakes up and realizes that simple fact.… Read more
Apple has denied a rumor posted on CNN's iReport page that Steve Jobs suffered a heart attack Friday morning.
The unsubstantiated rumor, posted on the "citizen journalism" section of CNN called iReport, caused a sharp drop in Apple's stock price around 7 a.m. PDT before company representatives were able to deny the charge. Blogs such as Silicon Alley Insider initially published the rumor as written on CNN with the 21st century fig leaf--a question mark at the end of the headline--but updated its story after hearing from Apple representatives. CNN has since removed the post … Read more
Microsoft CEO Steve Ballmer on Thursday promised it won't be long before the world gets to meet what he is calling "Windows Cloud"--something that acts like Windows but operates over the Internet.
"Just as we have an operating system for the PC, for the phone, and for the server, we need a new operating system that runs in the Internet," Ballmer said Thursday in a speech before France's CIGREF (Club Informatique des Grandes Entreprises Françaises). "I bet we'll call it Windows something. We're going to announce it in … Read more
Authorities may have found the wreckage of the plane that adventurer Steve Fossett was flying when he went missing last year.
"The National Transportation Safety Board has dispatched investigators to California to investigate the crash of a small plane that was found (Wednesday)," the NTSB said Thursday in a statement.
Fossett, who was flying a Bellanca 8KCAB, has been missing since September 3, 2007. He took off from Yerington, Nev., for a local flight. Investigators say they found wreckage at about a 10,000-foot elevation in the Sierra Nevada in the vicinity of Mammoth Lakes, Calif.
There has … Read more
Microsoft CEO Steve Ballmer told a crowd in London that Microsoft this month will show off its new development environment for Internet-based applications--what he dubbed "Windows Cloud."
Although the term--which may or may not be the product's actual name--is new, Microsoft has been widely expected to unveil its cloud-based developer platform at the Professional Developer Conference at the end of October. Ballmer's comments, reported on Wednesday by IDG News Service, are the latest in a series of mentions of a cloud-based developer platform. Ballmer was asked at last week's Churchill Club speech about Red Dog, … Read more
David Pakman, CEO of eMusic, is leaving the online music service at the end of the year, he said in an interview with CNET News on Monday.
Pakman said he is departing after five years at eMusic to become a partner at a venture capital firm. He declined to specify which firm.
An important part of Pakman's legacy at eMusic is that the company continues to exist. How many CEOs of digital music stores have been around for five years or longer? I can think of only one: Apple's Steve Jobs.
Pakman has watched stores from MTV, Microsoft, … Read more
If you've yet to watch Microsoft CEO Steve Ballmer's recent Churchill Club comments on everything from server virtualization to search to the mobile market, you're in for a treat. Ballmer is at his best, ripping on everything and everyone...except Microsoft.
Indeed, it's when Ballmer hits rewind on history to argue that Apple will lose in all the markets in which it is currently thriving--including smartphones and laptops--because it's not enough like Microsoft that he hits peak form:
Asked about smartphones, Ballmer said Nokia, Research In Motion, and Apple will all lose out as the market expands over the next five years, because they design their own proprietary hardware and tie it closely to their software.
Nokia leads the smartphone market today with about a 30 percent share, he said. "If you want to reach more than that, you have to separate the hardware and software in the platform," he said.
In other words, he thinks the same strategy that helped Microsoft become the leader on the desktop--licensing its OS for use by other hardware makers--will let it win out on smartphones. Long term, he said, the battle will be between the Symbian OS (which is now open source), mobile versions of Linux, and Windows Mobile.
I have some sympathy for this view, having argued that Google's Android is weakened by its lack of control over hardware (and boy, is its current hardware ugly). But this is a problem for the next few years.
Will Microsoft's strategy to separate hardware and software win long-term? Maybe. indeed, probably. But "in the long run," as John Maynard Keynes famously said, "we're all dead." Microsoft's mobile business may not be around long enough to be able to gloat over the iPhone's diminished fortunes because, well, those fortunes are rocking right now.… Read more