Ron Conway Will “Never” Run For Mayor Of San Francisco Anthony Ha is a writer at TechCrunch, where he covers media, advertising, and startups. Previously, he was a staff technology writer at Adweek, worked as a senior editor at the tech blog VentureBeat, and was also a reporter at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing.... → Learn More In case you were wondering: Ron Conway says he will not be running for mayor of San Francisco. Apparently that was on Mike Arrington’s mind when he interviewed Conway and SV Angel partner David Lee on-stage at Disrupt today. He said he heard from more than one source that Conway is considering a ... Continue reading →
Silicon Valley isn't completely without its critics, but to the outsider's eye, it seems to be a fairly insular environment with its own rules and codes of conduct. Increasingly, however, Silicon Valley makes products which are pivotal to many of our lives, and the characters — the investors and the CEOs — determine how our online lives are managed, stored, and even displayed. Enter Andrew Keen, the author of The Cult of the Amateur and host of an interview show, Keen On, for TechCrunch, and as of today, the author of a new book, Digital Vertigo. Keen is something of a shit-stirrer, and where he took aim at the “amateur hour” of bloggers, MySpace and YouTube in his last work, he's got his sights set ... Continue reading →
Facebook is not only on course to go bust, but will take the rest of the ad-supported Web with it. Given its vast cash reserves and the glacial pace of business reckonings, that will sound hyperbolic. But that doesn't mean it isn't true. At the heart of the Internet business is one of the great business fallacies of our time: that the Web, with all its targeting abilities, can be a more efficient, and hence more profitable, advertising medium than traditional media. Facebook, with its 800 million users, valuation of around $100 billion, and the bulk of its business in traditional display advertising, is now at the heart of the heart of the fallacy. The daily and stubborn reality for everybody building businesses on the ... Continue reading →
STATE COLLEGE, Pa. (AP) -- Joe Paterno earned a state pension of $13.4 million for his 61-year coaching career at Penn State. Paterno's family said Tuesday through a spokesman that Paterno's widow, Sue, would receive an initial payment of $10.1 million by the end of May, with the rest to be paid out over the next two years. The calculations were made through the standard formula for anyone in the State Employees' Retirement System, and Paterno received no special consideration, according to his family. Paterno never accessed his pension. Family spokesman Dan McGinn said the Paterno family also planned to donate $1.5 million to Penn State-related or State College-area charities. Paterno died in January at age 85, less than three months after being ousted by ... Continue reading →
