Google Glass Will Be Made in the USA by Foxconn
Google‘s high-tech glasses will be manufactured in California, according to multiple reports, in the latest example of an American tech company choosing to build one of its products in the United States. Google’s highly touted computerized spectacles, known as Google Glass, will be assembled by Foxconn Technology Group, the Taiwanese industrial giant that builds many of Apple‘s products, at a plant in Santa Clara, California, according to reports in the Financial Times and Bloomberg. Google’s decision comes just months after Apple CEO Tim Cook announced plans to spend $100 million to build one of the existing Mac lines in the U.S. Apple’s plans were highlighted by President Obama during his 2013 State of the Union address. Obama has called for tech companies to increase U.S.-based manufacturing, and although there are signs of an uptick, there remains considerable debate about whether this is a long-term trend or a short-term byproduct of the U.S. economic recovery. Foxconn, ...
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Why Is That 17-Year-Old’s $30 Million News App Even Legal?
Nick D’Aloisio has officially earned his seat at the cool kids’ table. The 17-year-old high school student this week sold his news aggregator app Summly to tech giant Yahoo for a reported $30 million in cash and stock. While he’s finishing up his diploma, he’ll also start work at Yahoo’s London office. Meanwhile, Yahoo plans to enhance its own mobile apps with the technology developed for Summly, which uses an algorithm to automatically produce easily digestible summaries of news stories. The issue now isn’t what fancy car the teenager plans to buy with his millions. The real question is whether Summly, and now Yahoo, can take news stories from around the web, present altered versions of them, and not run afoul of copyright law. A court ruling last week in New York against a Norway-based news aggregator has brought the issue of copyright infringement in the media world back to the fore. The Associated Press sued and defeated Meltwater, a subscription-based media monitoring service, ...
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Memo Read Round the World: Yahoo Says No to Working at Home
In a memo read round the world, Yahoo CEO Marissa Mayer has made it clear that working at home will not be an option on her watch. For a contemporary technology-driven company this is a striking position, one that appears to set back the modern workplace and working parents by about two decades. Eliminating the ability to telecommute eats away at the core of what Yahoo, an Internet pioneer, and Mayer, a new mother, would seem to be all about. Predictably, reaction was swift. Mommy blogs expressed outrage at this anti-family policy. Technology blogs called it misguided. Workplace blogs said the ban might even be unlawful, though that’s hard to fathom. No one should be surprised if Mayer reverses herself—like Netflix when it angered millions of faithful customers 17 months ago with a steep price hike masked in a plan to break apart its DVD rental and streaming services. Or, dare I say it, like New Coke. Such blunders surface from time to time in the corporate world and all one can do is ...
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New York Times Co. To Sell Boston Globe Amid Changing Media Landscape
The Times they are a-changin’ — again. The New York Times Co., parent company of the Gray Lady, plans to sell The Boston Globe, the venerable newspaper founded in 1872 by six Boston businessmen. The sale, which has been expected, is another indication of the rapidly changing U.S. media landscape, as the Internet transforms traditional media companies and new upstarts rise to challenge them. The decision to sell The Globe (part of the New England Media Group) is the first major action undertaken by new Times Co. CEO Mark Thompson, the former head of British Broadcasting Corp. For the last several years, The Times has been shedding assets and developing a new strategy centered around video, mobile devices, social media, and international growth. In short, The Times aims to become the premier global news organization, one deeply rooted in technology. “Our plan to sell the New England Media Group demonstrates our commitment to concentrate our strategic focus and investment on The New ...
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