Summit Notebook

Exclusive outtakes from industry leaders

from MediaFile:

Tech Summit Q&A, day 3: “Unsexy” tech companies

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The third day of the 2011 Reuters Global Technology Summit saw a lot of discussion about the valuation and  potential of "sexy" social networks and lesser known startups.

Saad Khan, Partner at CMEA Capital, talked about investing in LiveOps and Pixazza, two companies the former which he called "unsexy", and how they "stitch together the world's labor force."

One could say that Real Networks Chairman Rob Glaser, who saw his company's Real Player go from being the standard used in streaming media on the Web to a bit-player, is familiar with what is and isn't "sexy". Here he is talking about revamping his company around phenomena:

And Google Ventures Managing Partner Bill Maris questioned the value of social media startups:

Dell: stay tuned for “Streak”

It’s hard to tell how much anticipation there is out there for Dell’s upcoming “Streak” micro-tablet. The No. 3 PC maker’s latest foray into a consumer arena that Apple’s iPad has essentially helped create is set to hit stores this summer in the United States.

Consumer business unit chief Steve Felice told the Reuters Global Technology Summit that Dell isn’t interested in becoming the No. 1 player in the smartphone and tablet mobile devices categories, where Apple and Google are waging a very high-profile war. But the former leader in personal computers fully intends to be a “top-tier player”.

from MediaFile:

SanDisk on bullets and phone wars

Eli HarariWatch out for that smartphone! The iPhone, Android phones and the like are the weapons of the latest technology war, in the view of  flash memory maker SanDisk, which supplies the memory chips that hold pictures, video and apps to the phone makers.

"We sell them ammunition. There is a war going on and we sell the bullets," Eli Harari told the Reuters Global Technology Summit.

VC’s Lament: the ones that got away

Vic Gundotra, Vice President of engineering at Google (R) and Omar Hamoui, founder and CEO of AdMob converse during the "Mobile: Where's The Money Going?" panel at the Fortune Tech Brainstorm 2009 in Pasadena, California July 23, 2009. REUTERS/Fred Prouser
Whether it’s passing up on a ticket to Woodstock or not buying Apple stock at $80 a share in January 2009, everybody has regrets.

So what do VCs regret?

We asked the panel of three money-men gathered for the VC Panel at the Reuters Technology Summit for their biggest laments when it comes to the deals they let get away.

Google’s Green Energy Czar on investing in renewables

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Bill Weihl, Google’s Green Energy Czar, sat down at Reuters’ Global Climate and Energy Summit in San Francisco and talked about Google’s solar thermal project, infrastructure costs and where he sees the energy mix heading in 20 years.

Here he chats about emerging clean tech hubs and what the United States should do about investing in renewables.

Draper’s Valley Girl

She’s interviewed tech luminaries from Eric Schmidt to Scott McNealy. She dresses in shocking pink. Her dad was one of the VCs behind Skype and Hotmail. Who is she? She’s, like, the Valley Girl.

Jesse Draper, formerly of the short-lived Nickelodeon series “Naked Brothers Band”, and Sharon Lee are the brains, and the feather boas, behind “Valley Girl”: a 60 minutes-meets-MTV online chat show that in just one season has hosted some of the biggest names in Silicon Valley on its pink satin sofa. Or, as Jesse herself puts it: “Where Silicon Valley’s Best meet Hollywood”. Totally.

Yahoo cedes search game to Google, for now

(Updated with more quotes)

If you’re losing the game, time to change the playing field. Yahoo is counting on exactly that.

Ari Balogh, Yahoo’s chief technology officer and product development czar, would be among the first to admit that Google reigns supreme in the search space.

Q&A with WPP’s Sir Martin Sorrell

Sir Martin Sorrell, CEO of WPP Group Plc, was interviewed as part of the Reuters Global Technology, Media and Telecoms Summit held this week around the globe. He talked to Reuters reporter Kate Holton in London, with groups of reporters calling in from Paris and New York to ask questions. Here are extended excerpts from a longer interview:  

SOFTER 2009; REBOUND IN 2010

Reuters: How is the U.S. advertising market holding up in light of the credit crunch and housing crisis?

Mozilla’s big back button

John Lilly, Mozilla CEOSay what you will, but Mozilla got back. In Firefox 3, the latest version of its Web browser, the foundation has made more than 15,000 changes from the last version. According to Chief Executive John Lilly, they range from big to small, including making the back button bigger.

“We did user studies that say people click the back button more than they click the forward,” he told reporters and editors at the Reuters Technology, Media and Telecoms Summit in New York.

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