Hip-hop Venture Capitalist Raps In Management Book
Venture capitalist Ben Horowitz is hailed as a Silicon Valley sage today, but he wanted to be a hip-hop hero when he was in college. That explains why Horowitz's new business-building book dispenses management tips with the blunt force of a swaggering rapper rhyming about the harsh reality of life in a poor neighborhood. Horowitz wants it known that starting a company isn't for the fainthearted.
U.S. Officials: No Evidence Of Direct Russian Link To Plane
Senior U.S. intelligence officials say they have no evidence of direct Russian government involvement in the shooting down of Malaysia Airlines Flight 17. They say the passenger jet was likely felled by an SA-11 surface-to-air missile fired by Russian-backed separatists in eastern Ukraine and that Russia "created the conditions" for the downing by arming the separatists. The officials briefed reporters Tuesday under ground rules that their names not be used in discussing intelligence related to last week's air disaster, which killed 298 people. They said they didn't know if any Russians were present at the missile launch, and they wouldn't say that the missile crew was trained in Russia.
End Comes For Notorious Venezuelan Vertical Slum
The first of thousands of squatters who transformed a half-built skyscraper into a vertical slum were moved out by armed soldiers Tuesday, marking the beginning of the end for the Tower of David's haphazard community. Police in riot gear and soldiers with Kalashnikov assault rifles stood on side streets as dozens of residents boarded buses for their new government-provided apartments in Cua, a town about 23 miles south of Caracas.
Seahawks Start Atop AP Pro32 Rankings
The Seattle Seahawks start the preseason right where they ended last season, as the No. 1 team in the AP Pro32 NFL power rankings. In balloting by 12 media members who regularly cover the NFL, the top three teams in the AP Pro32 were the Seahawks, San Francisco 49ers and Denver Broncos.
Microsoft Sold 5.8M Lumia Handsets In Its FQ4, But That’s A Partial-Quarter Sales Figure
Today in its fiscal fourth quarter, Microsoft reported that it sold 5.8 million Windows Phone-based Lumia handsets, a big fall from last year's numbers in which 7.4 million Lumia handsets were sold. However, Lumia sales didn’t fall 22 percent as those figures appear to indicate. Microsoft’s fiscal fourth-quarter sales figure is based on a partial-quarter sales period. The company only sold Lumia handsets starting April 25, after its deal with Nokia closed, meaning that it lost 24 days of sales in the period.
China Drove Big IPhone And IPad Sales For Apple During Q3 2014
Apple’s earnings are out, and there’s a narrative contained therein of the emerging importance of China. The company revealed to the FT that iPhone sales are up 55 percent year over year and Chinese iPhone sales are up 48 percent, with the iPad sales in that country rising 51 percent year over year despite falling slightly globally.
Russia Lays Out Its MH17 Evidence
The international community has increasingly settled on the U.S. government's assertion that Russia is responsible for arming the separatists in Ukraine who shot down Malaysia Airlines Flight 17. Putin is a pariah as the European Union imposes additional sanctions against his inner circle. U.S. Secretary of State John Kerry said It's pretty clear that this is a system that was transferred from Russia in the hands of separatists.
Facebook's Zuckerberg To Testify At N.Y. Forgery Trial
A federal prosecutor said on Tuesday, the government will call Mark Zuckerberg to testify against an upstate New York man accused of trying to cheat the billionaire founder of Facebook Inc out of half his stake in the social media company. Zuckerberg is expected to be a key witness against Paul Ceglia, who is charged with forging a 2003 contract with Zuckerberg that purportedly entitled him to half of Facebook. Zuckerberg had previously done some programming work for Ceglia’s company, StreetFax.com, and Facebook has said the only valid contract between them related to that company.
Apple Reports Strong IPhone Sales
Apple reported its second straight quarter of double-digit percentage growth in iPhone sales as it heads into a major refresh of the company's flagship product. The company said it sold 35.2 million iPhones in the quarter ended June 28, up 12.7% from the 31.2 million units in the year-ago period. In an interview with The Wall Street Journal, Apple Chief Executive Tim Cook said "We're thrilled with the results, and we're thrilled with where we are going. The momentum is really strong." Cook said the strong iPhone sales were driven by demand from Brazil, Russia, India, and China.
101-year-old Weather Observer Gets A Place In The Sun
It takes only a couple of minutes, but 101-year-old Richard Hendrickson is fiercely proud that he has done the same thing for his country and community nearly every day since 1930. Hendrickson, whose home sits in the heart of the ritzy Hamptons, has been recording daily readings of temperature and precipitation on eastern Long Island longer than any volunteer observer in the history of the National Weather Service.