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Thank goodness that's over. The Facebook IPO could have been a major disaster for millions of individual investors. If the stock had "popped" to a truly ludicrous level on IPO day, millions of investors would likely have piled into it, hoping for further gains. And then, eventually, the hype would have faded, and these investors would have gotten creamed as the stock fell back to a more reasonable price. As it was, Facebook's IPO price was not truly ludicrous--it was just extremely expensive. The "extremely expensive" part was why I called Facebook "muppet bait." And it was why I kept asking giddy IPO buyers what they were seeing that I wasn't. The answer, everyone said, was "Facebook's future potential," a.k.a., "option value." But the trouble ... Continue reading →
It’s an unimpressive-looking black oblong, no bigger than a packet of chewing gum, but Leap Motion’s new gesture-control device, unveiled today, could change the way we interact with computers. Imagine touch-typing or playing a piano in the air, moulding virtual clay with your hands or simply scrolling effortlessly through web pages. The Leap can handle all this by sensing finger and hand movements and translating them to a computer and its display, reducing the need for keyboard, mouse or touchscreen. The device is over 100 times more accurate than Microsoft’s Kinect motion controller and is designed for close-up interactions with our PCs, laptops, tablets and smartphones rather than for dancing and game-playing in front of the TV. Its technology is small enough to be embedded ... Continue reading →
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A new Facebook verb - listed http://t.co/RG3DrEEs Continue reading →
