There’s more to Sony’s problems than acts of God and currency traders. The maker of the Walkman and the Trinitron hasn’t driven pop culture for years. Sony thrived in an era of stand-alone electronics. When the Internet arose and digital began to mean connected, iPods became the center of people’s entertainment lives, then smartphones and tablets—which Sony was late to produce. Even the quintessential Sony product—the TV set—has become a millstone. Sony has lost nearly $8.5 billion on TVs over eight years and expects to keep losing at least into 2013. Samsung, Vizio, and other upstarts have driven prices so low that one Sony executive says the company charges less for some TVs than it cost to ship them a few years ago.
Bezos: If you go back to 1999, it’s hard to remember how effervescent the bubble was. People who really didn’t have any passion for technology or the Internet were giving up their careers as doctors and mining Internet gold. And when the bubble popped, a meaningful fraction of our people left. They realized they didn’t really want to be doing this. Some of them got laid off, some of them left of their own accord. Those were not happy days. This super-valuable person you really liked leaves. So your skin gets thicker. Not just me, but all of the executives who stayed.
Bezos: If you go back to 1999, it’s hard to remember how effervescent the bubble was. People who really didn’t have any passion for technology or the Internet were giving up their careers as doctors and mining Internet gold. And when the bubble popped, a meaningful fraction of our people left. They realized they didn’t really want to be doing this. Some of them got laid off, some of them left of their own accord. Those were not happy days. This super-valuable person you really liked leaves. So your skin gets thicker. Not just me, but all of the executives who stayed.
To slip past censors, Chinese bloggers have become masters of comic subterfuge, cloaking their messages in protective layers of irony and satire. This is not a new concept, but it has erupted so powerfully that it now defines the ethos of the Internet in China. Coded language has become part of mainstream culture, with the most contagious memes tapping into widely shared feelings about issues that cannot be openly discussed, from corruption and economic inequality to censorship itself. “Beyond its comic value, this humor shows where netizens are pushing against the boundaries of the state,” says Xiao Qiang, an adjunct professor at the University of California, Berkeley, whose Web site, China Digital Times, maintains an entertaining lexicon of coded Internet terms. “Nothing else gives us a clearer view of the pressure points in Chinese society.”
To many, Milner’s success is not just too much and too fast in a land of too much and too fast but … but … and here people start to petulantly phumpher … somehow unfair: Here’s an outsider who has handed out money at outrageously founder-friendly terms—paying huge amounts for relatively small stakes, essentially buying exclusive access to the most desirable companies on the web! It is his outsiderness that seems most irritating and even alarming. How is it that an outsider has spotted opportunities that the Valley’s best investors missed? Does Milner’s success suggest that the rest of the world is starting to horn in on what has been, to date, as American as apple pie—the Internet future and Internet riches?
To many, Milner’s success is not just too much and too fast in a land of too much and too fast but … but … and here people start to petulantly phumpher … somehow unfair: Here’s an outsider who has handed out money at outrageously founder-friendly terms—paying huge amounts for relatively small stakes, essentially buying exclusive access to the most desirable companies on the web! It is his outsiderness that seems most irritating and even alarming. How is it that an outsider has spotted opportunities that the Valley’s best investors missed? Does Milner’s success suggest that the rest of the world is starting to horn in on what has been, to date, as American as apple pie—the Internet future and Internet riches?
Jobs smiled warmly as he told them he was going after their market. “He said we were a feature, not a product,” says Houston. Courteously, Jobs spent the next half hour waxing on over tea about his return to Apple, and why not to trust investors, as the duo—or more accurately, Houston, who plays Penn to Ferdowsi’s mute Teller—peppered him with questions.
When Jobs later followed up with a suggestion to meet at Dropbox’s San Francisco office, Houston proposed that they instead meet in Silicon Valley. “Why let the enemy get a taste?” he now shrugs cockily. Instead, Jobs went dark on the subject, resurfacing only this June, at his final keynote speech, where he unveiled iCloud, and specifically knocked Dropbox as a half-attempt to solve the Internet’s messiest dilemma: How do you get all your files, from all your devices, into one place?
[Not single-page] Jobs smiled warmly as he told them he was going after their market. “He said we were a feature, not a product,” says Houston. Courteously, Jobs spent the next half hour waxing on over tea about his return to Apple, and why not to trust investors, as the duo—or more accurately, Houston, who plays Penn to Ferdowsi’s mute Teller—peppered him with questions.
When Jobs later followed up with a suggestion to meet at Dropbox’s San Francisco office, Houston proposed that they instead meet in Silicon Valley. “Why let the enemy get a taste?” he now shrugs cockily. Instead, Jobs went dark on the subject, resurfacing only this June, at his final keynote speech, where he unveiled iCloud, and specifically knocked Dropbox as a half-attempt to solve the Internet’s messiest dilemma: How do you get all your files, from all your devices, into one place?
For the last several years, the big ticket in town has been the teen melodrama One Tree Hill, which was on the WB and is now on the CW Network. Don’t let the off brands fool you, though; a surprising number of people watch it, maybe even you, for all I know. It’s one of the worst TV shows ever made, and I seriously do not mean that as an insult. It’s bad in the way that Mexican TV is bad, superstylized bad. Good bad. Indeed, there are times when the particular campiness of its badness, although I can sense its presence, is in fact beyond me, beyond my frequency, like that beep you play on the Internet that only kids can hear. Too many of my camp-receptor cells have died. Possibly One Tree Hill is a work of genius. Certainly it is about to go nine seasons, strongly suggesting that the mother of its creator, Mark Schwahn, did not give birth to any idiots, or if she did those people are Schwahn’s siblings. The One Tree character who supposedly lived in our house was Peyton, played by one of the stars, Hilarie Burton, a striking bone-thin blonde. Think coppery curls. I’d seen her on MTV right at the moment when I was first feeling too old to watch MTV. Superfriendly when we met her, superfriendly always.
For the last several years, the big ticket in town has been the teen melodrama One Tree Hill, which was on the WB and is now on the CW Network. Don’t let the off brands fool you, though; a surprising number of people watch it, maybe even you, for all I know. It’s one of the worst TV shows ever made, and I seriously do not mean that as an insult. It’s bad in the way that Mexican TV is bad, superstylized bad. Good bad. Indeed, there are times when the particular campiness of its badness, although I can sense its presence, is in fact beyond me, beyond my frequency, like that beep you play on the Internet that only kids can hear. Too many of my camp-receptor cells have died. Possibly One Tree Hill is a work of genius. Certainly it is about to go nine seasons, strongly suggesting that the mother of its creator, Mark Schwahn, did not give birth to any idiots, or if she did those people are Schwahn’s siblings. The One Tree character who supposedly lived in our house was Peyton, played by one of the stars, Hilarie Burton, a striking bone-thin blonde. Think coppery curls. I’d seen her on MTV right at the moment when I was first feeling too old to watch MTV. Superfriendly when we met her, superfriendly always.
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