What if people could use the Internet to create a new kind of money, one that didn’t involve governments and central banks and could be used anonymously, like cash? Daniel Lyons Read Quote
Content is supposed to be king. But in the world of electronic devices, Apple seems to be placing the crown on its own head, apparently believing that its iPad and iPhone are more important to customers than the books, movies, and music they store on them. Daniel Lyons Read Quote
If a developer wants to sell something via an iPad app – it’s called an ‘in-app purchase’ – the transaction must go through Apple, which keeps 30 percent of the money and passes 70 percent on to the developer. Daniel Lyons Read Quote
In the world according to Apple, content is just a bunch of digital bits, easily copied, nothing special. Daniel Lyons Read Quote
Some people are using landline connections and dial-up modems to call ISPs in other countries and get onto the Internet. Still others are using satellite connections. Daniel Lyons Read Quote
Mesh networking is an old idea. Oddly enough, the low-cost XO Laptop built by the ‘One Laptop Per Child’ organization – the so-called $100 laptop – was designed with built-in mesh networking. The idea with the XO machine was that many kids using those laptops would be out in rural areas without reliable Internet access. Daniel Lyons Read Quote
With the iPod, iTunes, iPhone, iPad, and iMac, Apple is the most powerful tech company in the world. It’s also the No. 1 music retailer in the U.S. and among the top sellers of online movies, too. Daniel Lyons Read Quote
Since 2011, Groupon has lost $730 million, and Zynga has lost just over $1 billion. Twitter has been in business for 10 years and went public in 2013. Since then, the company has lost $2 billion. Daniel Lyons Read Quote
There was a time when a company could not sell its shares to the public unless its revenues were growing and it was turning a profit. Companies that lost money were deemed too risky for public investors. Daniel Lyons Read Quote
You realize that if you’re in the media business, technology is fundamentally what’s driving the change in that business. Daniel Lyons Read Quote
