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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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Found 1 month ago on channel TIME Moneyland

How the Best Tech Companies Treat Their Employees

The best technology companies have long had a reputation as great places to work, as companies offer great benefits and working conditions to compete for the best talent. Here’s what the best have to offer, according to Glassdoor. What’s surprising is that some of these perks could be duplicated by anyone, like Google offering free healthy food and drinks, along with recreation, services and other activities. Creativity and innovation seem to be strong at these companies. A product manager at Facebook notes that teams “are small and have a lot of autonomy, and it’s amazing to see how much of a difference a single person can make at this place.” One LinkedIn employee notes that “things are fast and loose as we figure out new space and continue to execute. You can feel it when you come to work each day.” Citrix promotes from within, so management knows and understands the challenges that employees face. Salesforce makes philanthropy part of its mission, giving employees an added ...

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Found more than 1 month ago on channel TIME Business

Canada: Mobile Technologies Index Device Connectivity Speed: One Half Of An Equation - PwC Management Services LP

From the user’s perspective, the mobile experience starts with the speed at which the device receives data and applications.

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Found more than 1 month ago on channel Mondaq

Social search gets bigger, and Instapaper's founder Marco Arment starts 'The Magazine'

Wednesday, October 17, 2012 - 00:01 NICHOLAS KAMM/AFP/Getty Images Google and Microsoft are integrating "social search" functionality into their search engines. Internet search engines are tapping into the brains of your friends -- well, more or less. You'll soon be hearing a lot about what's called " social search ." For instance, when you do a Google search , hits from your Gmail show up in the results. Google is now expanding that system. Over at rival Bing , the Microsoft search engine, they're doing something more interesting. Do a search for info about, say, athlete's foot and Bing will also check what friends on Facebook are saying about fungus infection. There are good and bad implications here. "Positive implications are what we've seen all along," says Anita Ramasastry, a law professor at the University of Washington who follows these kinds of issues. "Things are faster, and sometimes the company thinks the things for you before you've even thought of them. So that's great. The ...

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Found more than 1 month ago on channel Marketplace.org

IBM third-quarter revenue hurt by strong dollar

IBM reported third-quarter revenue below analyst expectations and earnings per share that barely beat estimates as demand for its software services and tight cost management offset the effect of a stronger dollar on the technology and consulting company.

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Found more than 1 month ago on channel Reuters