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Rupert Murdoch to ‘Make’ Less Money Than Last Year
He only made $27.5 million in company compensation this year. Plus, Kent Brownridge steps down from ‘Maxim,’ Damon Dash has real-estate troubles, and more, in our daily industry roundup.
Posted 08/20/08 in Daily Intel : Company Town
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You Didn’t Actually Want to Use Your iPhone to Communicate, Did You?
The new iPhone has captured the hearts and minds of many a New Yorker — but, uh, can you actually get a signal on the thing?
Posted 07/18/08 in Daily Intel : Cultural Capital
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Hey, iPhone 3G Owners: It’s Not Quite Time to Be Smug
Apple's iTunes activation server is down because so many people are trying to start up their new 3G iPhones at once. Oops!
Posted 07/11/08 in Daily Intel : In Other News
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Our IT Guy Is First in Line for the New iPhone
He'll use his vacation days however he damn well pleases!
Posted 07/10/08 in Daily Intel : Intel
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Steve Jobs Introduces the iPhone 3G
Tech types rejoice as a lighter, faster (and, let's hope, cheaper) iPhone is announced today.
Posted 06/09/08 in Daily Intel : It Just Happened
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‘Times’ Puts ‘Journal’ in Pole Position
Many of you have probably already checked out the New York Times Website today (two-timers!). If you have, perhaps you've noticed the giant banner ad that is running directly below the Times logo and above all of the paper's editorial content. It's a big click-through sponsor message from Apple computer, touting the Leopard operating system over Microsoft's Windows Vista. As far as we can remember, it's the biggest and most obtrusive ad we've ever seen on the site. We're sure the Times charged heavily for the space. But we wonder: Was the charge also worth featuring writing from the Wall Street Journal higher and more prominently than anything from the Times itself? New York Times [Homepage]Posted 01/17/08 in Daily Intel : In Other News
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Facebook Exerts Yet More Power
FINANCE • Kathleen Corbet, the president of Standard & Poor's, agreed to step down after her company failed to accurately rate subprime bonds. Deven Sharma, an executive vice-president at S&P, will take her place as president. [Bloomberg] • An angry Facebook group convinced HSBC, Britain's largest bank, to stop charging interest on overdrafts by recent grads. You see, interest rates are so Web 1.0. [Times of London via DealBreaker] • With few big M&A deals on the horizon, it may seem like investment bankers could just stay in the Hamptons for the rest of the year. But the backlog of big deals from the halcyon days of last spring should keep them plenty busy — as long as the deals don't fall through. [Deal Journal/WSJ]
Posted 08/31/07 in Daily Intel : Company Town
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Fake Steve Jobs Is Greedy, Outed, and at Work on a Fake Novel
If you're enough of a techie that the idea of a parody blog written from Steve Jobs's point of view strikes you as rife with comic possibilities, well, you probably already know Fake Steve Jobs. And if you do, you've probably just read (while browsing the Times on your iPhone, no doubt) that the paper exposed the anonymous author of that blog — i.e. Fake Steve himself — as Daniel Lyons, a senior editor at Forbes. ("Hope you feel good about yourself, you mangina," wrote Lyons to Times reporter Brad Stone in today's you-got-me post — written in his own voice, not Steve's.)
Posted 08/06/07 in Daily Intel : In Other News
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Jeffrey Goldberg Wants a Pony
MEDIA • Atlantic owner David Bradley sent ponies to Jeffrey Goldberg's kids to help lure him away from The New Yorker. Seriously. [WP] • Just before the Dow Jones deal went through, the Bancrofts voted to double this quarter's dividend for themselves [NYP] • Murdoch and Ailes's next move? All-out war? (Wait, they're not at war with everyone else already?) [Newsweek]
Posted 08/06/07 in Daily Intel : Company Town
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Problems for Apple? Ha!
Oh, no, the Sun told us yesterday, the iPhone is a disaster, and Apple is in trouble! But then the company released third-quarter earnings, and, well: Oh, yes, the Journal tells us today, Apple's earnings are a massive 73 percent, and the iPhone had little to nothing to do with it! Um, huh? Well, while Apple has made the gizmo of the moment its face of the moment, the truth is that it continues to rack up incredible revenues on good old Macs ($2.3 billion in sales, up from last year's $1.87 billion) and iPods ($1.57 billion). Even better, the phone, which is also an iPod, isn't even eating into the iPod sales. (The new data also defangs AT&T's report of 146,000 iPhone activations between June 29 and July 1: Apple says it's sold 270,000 units over that period.) In short, while bloggers were griping about the fallibility of the Jesus Phone, Jobs sold 'em two Powerbooks, four Shuffles, and a Nano. And the best fringe benefit of the iPhone hype? Nobody is noticing the total floperoo that is AppleTV. Apple's Old Standbys, iPods and Macs, Drive Profit [WSJ] Earlier: Is the iPhone a Failure? Maybe!
Posted 07/26/07 in Daily Intel : In Other News
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Is the iPhone a Failure? Maybe!
So is the iPhone a flop? Today’s New York Sun, among other papers, reports that, in the first 30 hours of the iPhone’s availability, a mere 146,000 were activated, according to AT&T, its exclusive service provider. Though 146,000 activations in 30 hours might strike any of us as a big number — that's 80 each minute, after all — it pales in comparison to the 500,000 units analysts were estimating would sell in the first two days the thing was available. (Here’s an especially rah-rah CNN item from July 2, the three days after the iPhone went on sale, tossing out that half-million number.) Plus, it gets worse: A CIBC World Markets report out yesterday shows that demand has only cooled since that first, underwhelming burst. That news drove Apple stock down 6 percent yesterday, and AT&T took a hit as well. By this measure, the Sun says, the rollout has been a crushing failure.
Posted 07/25/07 in Daily Intel : In Other News
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iPhone Is Here
This week's issue of New York is a double issue, which means no issue next week, which means no "It Happened This Week" today. But that's okay; we don't need one. We all know what happened this week: The iPhone went on sale. iPhone! iPhone! iPhone iPhone iPhone. Remember how a few hours ago we told you there was virtually no line at several AT&T stores? Yeah, we just checked the one closest to the office — that's at Madison and 46th — and, well, not so much anymore.
Posted 06/29/07 in Daily Intel : It Happened This Week
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Countdown to iPhone: Reach Out and Touch an AT&T Store
Sure, people have been camped out for days in front of the Apple Stores. But they'll be selling iPhones at AT&T stores, too, and — according to a spot check just performed by New York's intrepid interns — Ma Bell is the place to be. At noon today there were 197 people on line in front of the Apple Store on Fifth Avenue and 59th Street; a dozen blocks south at the AT&T store at Fifth and 47th, eight people were waiting. After the jump, line lengths at six Manhattan iPhone locations, along with whatever other information we could glean.
Posted 06/29/07 in Daily Intel : Intel
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So This Is Christmas
"X-Mas Came Early This Year" says the sign on the Christmas tree planted in front of the Soho Apple store. Being of the more Hanukkish persuasion, we're not entirely up on every last Christmas tradition. But somehow we've always imagined snowy lawns, warm beds, and roaring fires — not steamy sidewalks, sleeping in chairs, and occasional pouring rain. Did we misunderstand something? Earlier: Daily Intel's we-realize-we're-just-as-bad-as- they-are ongoing iPhone coverage.
Posted 06/29/07 in Daily Intel : Photo Op
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Walking the iPhone Line
The iPhone! This afternoon! Yay. New York contributor Tim Murphy stopped by the Fifth Avenue Apple Store yesterday to check in with the crazies lined up on the sidewalk. What drives them to wait on line for this piece of technology? "It's all about picking up girls, man," one dude tells Tim. "You just pull that thing out, and that's what it's about." Ain't that always the way? Street Level: iPhone Debut [NYM]
Posted 06/29/07 in Daily Intel : Intel
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Countdown to iPhone: Someone Left the Line Out in the Rain
You know what's tons of fun? Sleeping out for three days to get an overpriced cell phone! You know what's even more fun? Sleeping out in the pouring rain for an overpriced cell phone! Patrick and Ryan Brave the First Storm [Flickr via Gridskipper] Earlier: Daily Intel's team coverage of the iPhone.
Posted 06/28/07 in Daily Intel : Photo Op
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Countdown to iPhone: Two Important Thumbs Mostly Up
Been feeling smug lately, looking down at your friends who'd drank the Apple Kool-Aid? Convinced yourself that the phone wasn't going to be all that? That you'd wait for the second generation? ("First-generation Apple products always suck" may be the single sentence we've heard most in downtown bars these last few days.) Yeah, well, the reviews are out today, and it looks like the crazies were right.
"But even in version 1.0, the iPhone is still the most sophisticated, outlook-changing piece of electronics to come along in years. It does so many things so well, and so pleasurably, that you tend to forgive its foibles. In other words, maybe all the iPhone hype isn’t hype at all. As the ball player Dizzy Dean once said, 'It ain’t bragging if you done it.'" —David Pogue, New York Times "Our verdict is that, despite some flaws and feature omissions, the iPhone is, on balance, a beautiful and breakthrough handheld computer. Its software, especially, sets a new bar for the smart-phone industry, and its clever finger-touch interface, which dispenses with a stylus and most buttons, works well, though it sometimes adds steps to common functions." —Walt Mossberg and Katherine Boehret, The Wall Street Journal
And at 3 p.m. this afternoon — that's 51 hours before the thing goes on sale — ten people were queued up in front of the Fifth Avenue Apple store. It's 92 degrees out. Earlier: Daily Intel's coverage of the iPhone. Related: Steve Jobs in a Box [NYM]Posted 06/27/07 in Daily Intel : In Other News
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Countdown to iPhone: In Brooklyn, Too
In this week's New York, Tom Samiljan listed five places in Manhattan to find a new iPhone — and analyzed your chances of actually being able to get one from each. But there are, after all, four other boroughs, and now the good people at mcbrooklyn offer up six spots in the Borough of Kings for you to buy a shiny new toy. Will they have more stock? Will they have shorter lines? Who knows. Good luck. (No, we have no joke or commentary here. An event this momentous deserves straight-ahead service, don't you think?) Where to Buy an iPhone in Brooklyn [mcbrooklyn] Related: How to Buy an iPhone [NYM]
Posted 06/27/07 in Daily Intel : The Follow-up
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Countdown to iPhone: The Lines Begin
What hope does a covetous indie-film star have? The iPhone doesn't go on sale till 6 p.m. Friday, but as Racked reports, queues at the midtown and Soho Apple stores started forming yesterday. Here, the first guy on line at each location. (We suspect this isn't the first time the guy in midtown has slept out for days for something.) Good luck, kids. iPhrenzy: The First People in Line [Racked]
Posted 06/26/07 in Daily Intel : In Other News
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Have We Found the First iPhone Problem?
Coming to the end of our cell-phone contract a few weeks ago, we called AT&T Wireless to inquire about abandoning our current provider and maybe, just maybe, getting our mitts on an iPhone. Could she help us with that? She could. "I'll add you to my waiting list and call you on June 29 to sign you up," she told us. Sure, it cost way too much, and sure, all our friends were warning us against first-generation new Apple products. But we were curiously excited about having the actual Internet in our pockets — such fast NYTimes.com browsing in that commercial! — and we shoved our worries to the back of our minds. We were counting the days. Then, Monday, the AT&T saleswoman called. Preregistration? An early phone? Far from it. Now, it seems, the iPhone won't be available for telephone sales from AT&T, the friendly saleswoman sadly told us. Due to a glitch, she said, the phones can only be activated at store locations. "Most brand-new phones are recalled," she said. Oh. We called T-Mobile, renewed our contract, and upgraded to a Blackberry Pearl. In white. —Fiona Byrne Related: Steve Jobs in a Box [NYM]Posted 06/21/07 in Daily Intel : Intel
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