Exclusive outtakes from industry leaders
Watch 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.
And bullets are selling briskly, even in the developing world, where people without computers are buying $20 phones and then adding a gigabyte or two of memory to hold all their pictures, the CEO said.
Apple's iPhone is coming under more fire from Google's Android platform and world handset leader Nokia. "Android phones are exploding," he said.
Most top technology executives are used to juggling businesses worth hundred of millions of dollars, yen or euros. But this week at the Reuters Technology Summit, we asked: if we gave you $1 million to invest anywhere -- but not in your own company -- where would you spend it?
INTERNET / STARTUPS
If you want the quick answer, I would invest it in Twitter. I'm sorry that we weren't in it. I don't know where it's going and it would be a fun ride.
The No.1 endangered technology, Harari said at the Reuters Global Technology Summit on Tuesday, is the Blu-Ray DVD. Because the discs don’t work with smartphones, which consumers are increasingly using to watch video, Harari says their days are numbered.