Tech News Today 499

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Tech News Today
Episode 499

Tech News Today 499: You Can't Do That, We're Rich!

Apple ditching Google Maps, Spider-Man renounces US citizenship, Facebook wants to charge you to post, and more.

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  • Eduardo Saverin Renounces U.S. Citizenship Ahead Of Mega Facebook IPO
  • Facebook Co-Founder Gives Up U.S. Citizenship
  • Facebook's IPO already oversubscribed: source
    • Facebook co-founder Eduardo Saverin, (who was played in the movie but the guy who is now the next Spider-man) has renounced his US citizenship
    • Saverin was born and raised in Brazil and lives in Singapore
    • “Eduardo recently found it more practical to become a resident of Singapore since he plans to live there for an indefinite period of time,” said Tom Goodman, a spokesman for Saverin, in an e-mailed statement to Bloomberg.
    • “This was done many months ago and had nothing to do with the IPO,” said spokeswoman Sabrina Strauss to Forbes.
    • Saverin renounced his citizenship in September and was on a list released by the IRS April 30
    • US citizens who give up their citizenship owe what is effectively an exit tax on the capital gains from their stock holdings, even if they don’t sell the shares. Singapore has no capital gains tax. Facebook shares will be valued much differently after the IPO.
    • Reuters reports sources tell them the Facebook IPO is already oversubscribed, and the company is considering raising the price from 28-35 dollar range.
    • A record 1,780 gave up their U.S. passports last year compared with 235 in 2008, according to government records.
  • Facebook tests 'pay to promote post' tool
  • Would you pay Facebook to help you promote certain posts?
  • Facebook testing whether you’ll pay to ensure friends see your status updates
  • Facebook Privacy Policy Change Paves Way For Off-Facebook Advertising
    • pay to get your FB updates more visible in busy news feeds.
    • tests are being carried out among the social network's users in New Zealand.
    • FB user in NZ logged in & got msg asking to highlight an important post for 1.80 NZ$ to his friends could see it. Thought it might be a scam. NZ news site Stuff reported it. BBC reached out to FB, FB confirmed it was real.
    • range of prices to make posts more visible. Comments on the tests suggest the highest price being charged was £1.25 ($2) while others cost 25p or 50p. Payments could be made via credit card or PayPal.
    • experimenting with rev streams, last quarter rev growth numbers were down
    • FB updating "data use" policy which is like privacy policy
    • Facebook used to keep data it received about you from advertisers and 3rd parties for 180 days; updated to say they'll keep it as long as necessary. Chief Privacy Officer Erin Egan says that means that if Zynga tells Facebook who their top scoring players are in order to target them with ads, Facebook erases that information as soon as the ad campaign is over. But if Zynga were to post information about its top scoring players on its wall, Facebook is not going to take it down within 180 days.
    • Facebook makes it clearer it can display ads to you outside of Facebook based on your info. Previously it was worded as "social context" ads outside FB. “Everything you do and say on Facebook can be used to serve you ads,” says Egan. “Our policy says that we can advertise services to you off of Facebook based on data we have on Facebook.”

Discussion Stories

  • TV Broadcasters Warn of Huge Industry Shakeup If Barry Diller's Aereo Isn't Stopped
  • NBCUniversal exec condemns Aereo's live TV streaming service, worries cable companies could copy it
  • Aereo under fire: why NBC, ABC, CBS, and Fox want to shut down the internet TV service
  • Cable Carriage of Broadcast Stations
    • Aereo is the startup backed by Barry Diller, that wants to rent you a micro antenna (and tuner and DVR) that you can access over the internet to receive television programs
    • All major networks have taken Aereo to court, Aereo has filed a counter-suit. The question is over whether Aereo is an illegal retransmission.
    • 2008 Second Circuit Court of appeals upheld Cablevisions right to remotely locate a DVR. The appellate circuit determined this was not a public performance. But that dealer with the DVR not the transmission of the programming.
    • Cable Television Consumer Protection and Competition Act of 1992 requires cable systems MUST carry certain local broadcasts, but local stations can elect to require a fee for those broadcasts and exempt the cable provider from the must carry provision.
    • Matt Bond, executive vp content distribution at NBCUniversal said in a New York federal court filing: "It makes little economic sense for cable systems and satellite broadcasters to continue to pay for NBCU content on a per-subscriber basis when, with a relatively modest investment, they can simply modify their operations to mirror Aereo's 'individual antenna' scheme and retransmit, for free, over-the-air local broadcast programming."
    • Arguments seem to be as follows
      • 1. We have a business model built on law we got passed in 1992, that this would undermine.
      • 2. If it undermines we can't pay sports leagues huge fees to carry their programming, because we won't make huge fees on retransmission
      • 3.We won't make immediate money off people watching not he Internet because we use 1970s technology to get ratings and charge for ads.
      • 4.If people can watch TV on Internet connected screens they'll stop using Hulu which would stop us from artificially delaying when they watch stuff.
      • 5. LOOK! PIRATES!
  • Verizon Refuses to Identify Alleged BitTorrent Pirates
    • John Wiley and Sons one of the first publishers to try to sue pirates, a la music and TV industry
    • Going after people who allegedly download unauthorized copies of "For Dummies" books
    • Wiley got a court to issue a subpoena for ISP records
    • Verizon has refused to hand over the personal details of accused subscribers.
    • One of the reasons given by Verizon is that Wiley is demanding the information for improper purposes, namely “to harass, cause unnecessary delay, or needlessly increase the cost of litigation.”
    • In addition, the Internet provider doubts whether the subpoena will lead to the discovery of “relevant information.” In other words, Verizon seems to doubt that the person who pays for the account is also the infringer.
    • echoes opinion of New York Judge Gary Brown from last week. An IP address is not a person.
    • ALSO: The company asserts that Wiley is seeking “information that is protected from disclosure by third parties’ rights of privacy and protections guaranteed by the First Amendment.”
    • Wiley has asked Judge Katherine Forrest to compel Verizon to respond. Wiley is only asking for 10 accounts.

News Fuse





Andrew sent us his blog post:

here's what I think is one of the most interesting parts of his argument regarding Windows RT and the browser issue we discussed yesterday:

On Windows RT, the desktop is there for 2 reasons only: Firstly it’s to run the 4 Microsoft Office apps that will come included in Windows RT (Word, Excel, PowerPoint and OneNote) that Microsoft simply hasn’t had time to port over to the Metro environment (because that’s would be a massive job) and secondly it’s to left there for those who need to access certain parts of Windows that aren’t available in the Metro environment yet (Windows Explorer, some of the more advanced stuff in the Control Panel and Internet Explorer advanced settings etc.). It is NOT designed to be used on a daily basis, it’s not designed for you to use it to surf the internet using the Classic Desktop version of Internet Explorer (the next few paragraphs will even explain why it’s there) and it’s not designed to run legacy 3rd party software (you simply can’t do this).

"Tom & the gang -

I think you're missing a critical part of the argument over Microsoft restricting browser choice on Windows RT to Explorer. The difference between an RT tablet running only IE, and an iPad restricted (for the most part) to Safari is that Safari is at least a standards-based, compliant browser. Microsoft has improved IE considerably in the last few versions, but it still can't be said to be standards compliant.

Without a compliant browser as a competitor on Windows RT, the only thing keeping Microsoft from messing with HTML and CSS standards is market share. If Windows tablets are a hit, I can see a lot of sites being ""optimized"" for IE, that won't work on iPad or Android tablet browsers, or default to a less-capable ""mobile"" site.

Charles Mangin"



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Production Information

  • Edited by: Chad
  • Notes:
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