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Showing posts from February 16, 2014

Social: Facebook's $16 Billion Bill for Whatsapp Made the $3 Billion It Offered Snapchat Look Low-Balled

As you may well know by now, Facebook bought Whatsapp for $16 billion in cash, stock, and retention.  A few months ago, some quarters of the Internet was abuzz with Snapchat's rejection of the $3 billion overture from Facebook. I'd would have sold.  Take my billion and move onto something else.  Given the Whatsapp deal, Snapchat was right in not dealing.  It could have asked for two to five times more from Facebook. Still, it's hard to fathom if all of this will pay off or are we in the midst of a social network bubble not unlike when Internet companies in the late 90s and early 2000s were throwing money away left and right. The question now is what's next for Facebook, what it'll do with Whatsapp (supposedly, nothing will change...right), and how will other social networks or competitors like Google arm themselves.  There are plenty of other messaging "giants" out there that could be for sale given the right price. Like Snapchat or Line.

Science: Man Nearly Mugged By Giant Octopus

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You think the ocean is big enough where humans and sea creatures, both large and small, mammal or otherwise, can co-exist.  Maybe never even bump into one another.  Maybe even safer than say walking on the streets of NY at night with your iPhone hanging out for all to steal. Not so as this diver soon realized.  An giant octopus lashed out and tried to grab his camera away.  Who would have though that you'd get mugged by a sea creature just for going for a swim. And as you'll see, the dude would not none of that and made sure the octopus didn't make off with his gear.  Me?  I'd drop the thing and swim back up to surface.  I'd be like "giant octopus! Screw that!  You can have my camera!"

Reinvent Before It's Too Late And I've Got Sony In Mind

I like that Sony has bowed out of certain markets and continues down that trend.  More recently, they're shedding the TV and PC businesses.  Bravo!  But it was done because they finally saw the writings on the wall.  See, in reading this Bloomberg post about former Apple excutives.  It really has nothing to do with the subject matter of this post except that I came across a section in it that we already know from Apple's history and its brush with dead before Steve Jobs 2.0 came in and reignited the innovative flame at Apple, enriched our lives with great new technologies, and positively disrupted market after market. Apple had to shed a lot of dead weight before that happened. That was going on before Jobs' return and continued further when he got rid of the Newton, simplified the Mac line, and dropped other less or money losing ventures. Once that was one, all the clutter and noise was gone, Apple got back to work and on track. I believe Sony should use...