A quick burst of seven links for you to chew over, as picked by the Technology team
Thousands of stolen iTunes accounts for sale in China >> BBC News
"Tens of thousands of fraudulent iTunes accounts are for sale on a major Chinese website, it has been revealed. Around 50,000 accounts linked to stolen credit cards are listed on auction site TaoBao, the country's equivalent of eBay." Apple oddly silent on this rather big breach thus far.
The 5 Biggest Tech Losers [by market capitalisation] of 2010 >> TheVirtualCircle
Would be more useful if it examined what happened to their profits, revenues and/or profitability, to see whether there's any connection. Intriguing list though - you may be pushed to guess who did worst.
Facebook ignites Bubble 2.0 chatter >> Reuters Analysis
"Premium valuations for top-tier players like Facebook and Groupon are usually worth it, wrote Google "developer advocate" Don Dodge in a widely read blog post on Tuesday. The potential for a bubble comes when investors bid up prices for third-tier companies, whose business prospects aren't as solid, he wrote.
"Unlike in the late 1990s, shares of today's Web sensations are privately held and not available to the general public. But a growing secondary market has developed in which investors meeting certain criteria, such as minimum net worth, can buy and sell shares."
Goldman customers get Facebook financials >> Reuters
Facebook earned $355 million in net income in the first nine months of 2010 on revenue of $1.2 billion, according to documents Goldman Sachs is providing to potential investors.
Apple Goes After The Parody @CeoSteveJobs Twitter Account >> Techcrunch
The @ceostevejobs account holder points out that changing to @fakeceostevejobs (as Twitter's guidelines would require) kills the joke. The Guardian is cited in his defence. Glad to help..
The Redmond Reality Distortion Field >> Stepto.com
Yes, you read that correctly. It "influences Microsoft employees and product designers to make wildly incorrect assumptions on the use of technology, computers and devices by the world. The field is caused by the fact that Microsoft employees tend to be far more affluent and have free access to technology than the general population. Generated by Microsoft employees, the field is centered in Redmond but can manifest itself weakly in any area where a significant number of employees gather, such as remote campuses or subsidiaries. "Its most common effect on individuals is to make design decisions or requests either on the way customers should use products as opposed to how they actually use them, or by the interoperability of a product in the unique environment of the employee's home." Includes examples. Worth your time.
Google's decreasingly useful, spam-filled web search >> marco.org
"Searching Google is now like asking a question in a crowded flea market of hungry, desperate, sleazy salesmen who all claim to have the answer to every question you ask. 'Hey, anyone know how to wire an outlet?' 'Did you say how to wire an outlet?' 'I can help you with how to wire an outlet!' 'Here is info on how to wire an outlet!' 'Bargain prices on how to wire an outlet!' 'Guide to wiring outlets in New York, right here!' And none of them actually know a damn thing about what you're asking, of course they're just offering meaningless, valueless words that seem to form sentences until you actually try to make use of them."
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