Elevation Partners, a $1.9 billion Silicon Valley private equity firm, on Tuesday welcomed former Apple executive Avie Tevanian as a new managing director. The announcement provided just the latest link in a three-way chain connecting Elevation, Apple and smartphone maker Palm.
Tongues are still wagging about Apple’s blowout quarter, which saw the company brush past Wall Street forecasts, sending its shares north of $200. But as Wall Street waited breathlessly for the latest iPhone numbers, it was the company’s Mac line that stole the headlines, posting blockbuster 17 percent unit growth.
Apple on Thursday unveiled an overhauled environmental Web page and green strategy, complete with some interesting new data. Most notably, the Mac and iPhone maker is now calculating what it calls its entire carbon footprint–including emissions generated by its products. As the company puts it, “what happens when we design them, what happens when we make them, and what happens when you take them home and use them.”
We caught up with Netflix CEO Reed Hastings at the movie rental company’s event where it awarded a $1 million prize after a contest aimed at improving the accuracy of movie recommendations. He spoke about his hopes of working with Apple on the iPhone, the possibility that YouTube will beef up its movie service, and the future of the DVD.
In what may just be a perfect storm of technology geek gadget lust, an auction house in Southern California is preparing to auction off the first Apple Macintosh Plus ever made–a computer that was owned by “Star Trek” creator Gene Roddenberry. The event promises to bring together two of the most famously devoted fan bases– Apple buyers and Trekkies.
Motorola launched its Hail Mary pass in the smartphone market and it goes by the name of Cliq, or Dext, depending on where you live. One would assume plenty of branding research went into the names (Cliq in the U.S. and Dext elsewhere), as this is the company that created such easy-to-remember names as Razr, Rokr and Rizr.
Video compression technology can be interesting, really.
Most people forget how online video worked before YouTube popularized the embedded Flash video player. Remember the frustration of making sure you had the right video player to play this or that web video? It was YouTube that popularized giving people one-click access to videos.
Few observers expressed much surprise over Google CEO Eric Schmidt’s decision Monday to step down from Apple’s board. Analysts said the writing was on the wall, as Google’s Android smartphone software competes in the same market at Apple’s iPhone, and Google’s forthcoming Chrome operating system prepares to enter a market against Apple’s Mac OS.