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What's the 'Internet of Everything' worth? $613 billion, Cisco reckons

Cisco Systems wants its customers to know that there is a huge amount of money to be made if they focus their strategy and IT budget on what the company and others call the Internet of Everything.<p>That's the idea that more than half of the people and 99 percent of the things on the planet are …

Obama steps up defense of NSA snooping: ‘Freedom vs. security is a false choice’

President Barack Obama wants you to know that those PRISM slides you saw last week aren’t the full picture.<p>The president appeared on the <i>Charlie Rose</i> show Monday night, defending the National Security Agency’s surveillance practices and attempting to calm the fears that the government’s …

The World's Last Telegram Ever Will Be Sent From India

It's one of about 5,000 such missives still being sent every day by telegram - a format favored for its "sense of urgency and authenticity," explains a BSNL official.<p>But the days of such communication are numbered: The world's last telegram message will be sent somewhere in India on July 14.<p>That …

India

Foundersuite debuts tool collection to help you start your company

Recently soft-launched Foundersuite offers entrepreneurs a set of tools and templates to lessen the burden of starting a company.<p>The site is debuting with four modules and four template bundles. “It’s designed to help founders know what to do next, providing guidelines and structure to the messy …

Microsoft's Xbox Facebook page Turns into Epic ASCII Art Flame War

Microsoft’s efforts to promote the Xbox One on Facebook have devolved into an old-fashioned ASCII art flame war.<p>Xbox One and PlayStation 4 faced off last week at E3, and by most accounts, the Xbox took a bruising. Massively unpopular policies regarding used games and persistent Internet connections …

Ready for the Industrial Internet? GE Announces "Predictivity" Platform, New Partnership With Amazon Web Services

At the recent <b>D: All Things Digital</b> conference earlier this month, General Electric CEO Jeff Immelt talked a lot about the savings that could be …

Amazon Web Services

Hire 'Athletes' To Build High-Performance Teams

If you want to build a high-performance team, then hire “athletes” – people with the ability to be successful in a variety of roles.<p><b>The Concept</b><p>Let’s use LeBron James to illustrate the concept. His combination of size, strength, speed, and agility make him freakishly athletic – the 6’8” basketball …

How Instagram CEO Kevin Systrom Is Making Good On Facebook’s Billion-Dollar Bet

Solve the social network’s mobile dilemma. Make a mint on advertising without annoying 100 million users. No problem, right?<p>Inside Facebook’s Building 14, just a door down from Mark Zuckerberg’s office, Kevin Systrom and the Instagram team plot the future of their beloved photo-sharing app. It’s no …

How Do You Decide When It Is Time to Leave a Job?

One of the crucial components of achieving a meaningful life is your job, and you should carefully evaluate if you can attain this goal where you are or if you need to pursue a new career elsewhere, as leaving for the wrong reasons can be a big mistake. Have you recently received a call from a …

Employment

10 Photos That Definitively Prove Math Is Really, Really Hard

Sure, we all know math is hard. But c'mon, advertising the price of something isn't exactly advanced trigonometry. Let's get it together people!<p><b>1. Why pay less when you could pay more?</b><p><b>2. Count 'em: 1,2,3,4,5,6,7,8,9... 20 calories!</b><p><b>3. Yeah... that's not the quadratic formula.</b><p><b>4. No wonder we never</b> …

Filipino Gift-remittance Startup Ayannah Gets $1M Angel Round

Ayannah, a gift-remittance startup in the Philippines, just received $1 million in its first angel round.<p>The company’s service is called Sendah, and allows Filipinos working overseas to pay for products and services back home for their families through Sendah’s site.<p>Sendah has a number of benefits …

Sony under pressure to spin off entertainment unit

Sony is once again being squeezed by one of its biggest investors to split itself up by spinning off its entertainment division.<p>Third Point hedge fund founder Daniel Loeb sent a letter on Tuesday to Sony CEO Kazuo Hirai urging him to set up a semi-independent board to run a spun-off and public …

Yahoo joins Facebook, Google and others in revealing US surveillance requests

Yahoo has joined the increasing number of technology companies publishing details of how many requests US law enforcement agencies have made for data …

Analysts Admit They Were Hopelessly Optimistic About Samsung

Samsung's huge share of the high-end smartphone market also persuaded some analysts to downplay industry data pointing to a fast-saturating segment, a reality that is already eating into sales of Apple Inc's iPhone 5.<p>Woori Investment & Securities, one of South Korea's largest securities firms, cut …

Markets

Asia’s richest man is betting $1.26 billion on the trash crisis

Asia’s richest man, Li Ka-shing, is pouring money into burning trash. The real estate tycoon is leading a consortium to buy Dutch waste treatment company called AVR for $1.26 billion (pdf) from private equity groups Kohlberg Kravis Roberts and CVC Capital Partners. AVR is the biggest …

Major Shareholder Third Point Ups Sony Stake by 9.4%

Sony’s major shareholder Third Point LLC has increased its stake in the Japanese company by 9.4 percent, as it seeks to push ahead on talks for a proposed spin-off of Sony’s movie and music businesses.<p>According to a report by Bloomberg, citing a June 17 letter from Third Point to Sony CEO Kazuo …

NASA finds “unprecedented” black hole cluster near Andromeda’s central bulge

Spotted by the Chandra X-ray Observatory.<p>NASA has discovered an unprecedentedly large cluster of black holes in our nearest galactic neighbor, …

Xbox vs. PS4: Ars readers react to liveblog madness

Oh yeah, iOS 7 came out this week too.<p>Although it seems like ages ago now, Monday was a big, big day. Five major companies decided to hold important …

Publicity boosts cooperation more than cash rewards

People more likely to do a good deed if their name is attached to it.<p>Cooperation occurs when we act on behalf of a common benefit, often at personal …

How the World’s Most Iconic Brand Was Saved From Itself

David Turner and Dan Wieden, whose agencies have created some of the most memorable creative for Coca-Cola in recent years, actually came close to …

Rail Project At Los Angeles Port Draws Environmentalists' Ire

In California, a high-profile lawsuit is seeking to halt construction of a new $500 million rail yard next to the Port of Los Angeles. Activists, including a national environmental group that's spearheading the opposition, say the massive project would mean even more pollution for nearby …

7 Memorable Graduation Speeches by Entrepreneurs and Other Leaders

Among the thousands of graduation addresses given each year, these stand out--mostly for the right reasons.<p>In 1994, I witnessed perhaps history's most insane commencement addresses, at Wheaton College in Norton, Mass.<p>Connie Chung, then the anchor of CBS Evening News, offered a …

How Samsung Got Big

The cellphones were stacked up high in the Gumi factory yard and more were coming out every minute. Phones, TVs, fax machines, and other gear shattered as it hit the concrete and Samsung CEO Kun-hee Lee and his board cracked the screens and cases with heavy hammers. Then they lit a bonfire and …

How To Be An Optimist: 10 Habits That'll Help You Look On The Bright Side

It pays to have a sunny disposition.<p>Optimistic people have been shown to have healthier hearts, better stress-management tendencies and lower risk for stroke compared to their glass-half-empty-seeing counterparts.<p>Looking on the bright side is easier said than done, of course. Fortunately, there are …

Marissa Mayer, Yahoo!, and the Google effect

When Marissa Mayer took over as CEO of Yahoo!, it was a catalyst for change. Having lost their way long ago, the former champions of search were in desperate need of transformation. With Meyers at the helm, the Yahoo! ship is now changing direction, but to what end? If all their recent moves (and …

Here's An Excellent Presentation About The Rise Of Mobile And The Massive Implications

It's on the rise of mobile and what it means for the industry.<p>It's full of great charts like the one on the right about Microsoft. We first spotted it on Slideshare. We asked Evans if we could republish it, and he said yes.<p>Anyway … dig in!

Microsoft

What Steve Jobs And Bill Gates Really Thought About Each Other

"He and I, in a sense, grew up together," Gates said. "We were within a year of the same age, and we were kind of naively optimistic and built big companies. And every fantasy we had about creating products and learning new things — we achieved all of it. And most of it as rivals. But we always …

Bill Gates