Another bad day on the stock market for Facebook. It closed today at $31 per share, down $7 from its first day opening price on Friday. On that first day, it actually got up to around $45, then closed at 31 cents above its opening Friday. On Monday, it went down nearly $4 in value and today, it dropped again. Not good. I heard several analysts saying before Friday that it was priced too high. But one never knows about IPO’s. I had a feeling it would drop, but I am definitely no expert. Our first story explains it all.
On a normal day, Microsoft and Windows would have been our lead story…with CEO Steve Ballmer’s outlandish predictions about the success of Windows 8. Problem is, if it doesn’t come true, he has backed himself into a corner.
It is pretty obvious that Microsoft is gearing Windows 8 toward consumers as many businesses are now just making the jump from XP to Windows 7. I doubt seriously most would be willing to jump into Windows 8, given the massive amount of retraining it would take for their users.
As for Windows 8 itself, you know my feelings. But our third story gives you another view as to why it will fail. In case you don’t get a chance to read it, the last paragraph makes a bold prediction that Windows 9 will look very much like Windows 7. And away we go…-JRC
Why Facebook's stock is tanking
Reality has taken hold. The company's valuation is still out of whack, despite its massive user base.
Ballmer: 500 Million Windows 8 Users by End of 2013
Talk about a bold prediction! Microsoft CEO Steve Ballmer says that Windows 8 represented a “rebirth” of his company’s core operating system that would trigger sales of 500 million units between its release later this year and the end of 2013.
Microsoft's big bet: Windows 8's 'too many cooks' problem
Windows 8 has already had too many hands in the mix and spoons in the pot. Microsoft wanted different and its staff all thought “different”. Instead of reaching compromise, Microsoft put everything in to please everyone — but will likely please very few.
Microsoft Launched the So.cl Social Media Program
Microsoft launched a new social network program So.cl last week. But unlike Facebook, or Twitter, this program is geared towards students and academics as a way of helping students learn.
A Newbie's Guide to Publishing: Pricing Books and Ebooks
Some authors still seem to be confused about Agency pricing, what it means, and how does it compare to wholesale pricing on ebooks and paper books. They somehow think Amazon is a bad guy for trying to lower ebook prices. Here's a deeper explanation.
Technology News: Internet: Chrome Snatches IE's Browser Crown
Google's Chrome is now the most popular Web browser, having overtaken Microsoft's Internet Explorer worldwide, according to the latest figures from StatCounter.
Comcast, Cox, Time Warner partner on metro Wi-Fi
About 50,000 hotspots will carry the network name “CableWiFi” and allow cable customers to access wireless broadband Internet outside their home markets.
How Amazon is changing the rules for books and movies
The online retail giant is tapping its huge customer base and vast technical underpinnings to reshape the way books, movies, and television programs are made.
What Specs Actually Matter in a Digital Camera?
Megapixel rating don't really matter for image quality. What specs will tell me if a camera shoots great images or not?
Readlists, from the makers of Readability, creates ebooks from URLs
Readlists, a new website/web app that lets you create your own ebooks from your favorite articles online.
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