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Wednesday, 11 February 2009

The $99 iPhone, Sirius Goes Bankrupt, Mark Cuban Will Fix The Economy

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Silicon Alley Insider Daily Brief
Silicon Alley Insider - Daily Brief
Wednesday, February 11, 2009
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$99 iPhone Coming This Summer

Apple will start selling a cheaper, 'entry-level' iPhone sometime this summer, for around $99 after subsidy, according to "checks," RBC analyst Mark Abramsky said in a note this morning.

We agree that Apple will sell a $99 iPhone sometime this year. But we think he might be overestimating the damage to Apple's margins.
Read >

iPhone App Store Keeping Apple Phones Out Of China?
Bezos's Kindle Sales Pitch To iPhone Owners



Mark Cuban's Plan To Fix The Economy With His Money
Sick of this terrible economy, former "Dancing WIth The Stars" contestant (and NBA team owner and tech billionaire) Mark Cuban says he wants to "come up with a course of action that I can undertake on my own that possibly, somehow could make a difference."

His plan: "an open source funding environment."
Read >

Sirius XM Preps Bankruptcy Filing
Satellite radio company Sirius XM is preparing for a potential bankruptcy filing, the New York Times reports. The documents are almost done and Sirius could file for Chapter 11 within days, the Times reports. Read >

IBM Embraces Juniper For Its Smart 'Hybrid Cloud', Disses Cisco
One of the big advantages of cloud computing is the cloud's scalability -- if any one application suddenly needs a lot more resources than anticipated, the cloud can easily allocate more resources to it since applications aren't tied to any one discrete server. But what if the entire cloud needs to scale? Read >

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Microsoft's Billion Dollar 'Search For Enterprise' Product Launching Tomorrow
Just over a year ago (and before the global economic meltdown), Microsoft bought Norwegian enterprise search company FAST for $1.2 Billion. Tomorrow Microsoft is formally integrating the FAST technology into its Sharepoint corporate software. Read >


Google's FeedBurner Goes Down... Again
Google's growing pains with its FeedBurner RSS service continue: The service seems to have been down for many customers for about an hour, affecting several sites' syndication feeds (including this one). Read >


Intel: See, We're Not Dead!
Signs of life for Intel shareholders? The company announced that it's spending $7 billion over the next two years to upgrade its U.S. chip manufacturing factories. That'll support 7,000 high-wage jobs in three states, according to the WSJ. Read >


SAP's New Product Line: Law Enforcement
One of the quirks of the Enterprise Resource Planning industry is there's really only so many customers to go around. To maintain growth, ERP companies have to both continually pitch add-on services and find a way to sell software outside of ERP's traditional customer base of Fortune 1000 companies. Read >


Hollywood Giving Up On Bad Movie URLs, Telling Fans To Google It
For Hollywood, getting people to a movie promo website can be tricky. The problem: Almost anything a screenwriter comes up with for a title is bound to have already been used for someone's dot-com domain. Read >

Facebook Paid $65 Million Settlement In ConnectU Case
Beware, That Hot Girl On Facebook Could Be A Gay Blackmailer
The Onion Skewers Sony
Mugger Attacks TED Photographer to Get Conference Badge

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