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 Good morning! Here's the news. -
Steve Ballmer's sudden departure from Microsoft was "neither planned nor as smooth as portrayed." -
The choice facing Ballmer's successor is: double-down on Windows and Office, or keep spending (burning) cash trying to develop new lines of business. -
Paul Krugman says the teachings of a 14th-century Islamic philosopher can help us understand Steve Ballmer's ouster. "Desert tribesmen, he argued, always have more courage and social cohesion than settled, civilized folk, so every once in a while they will sweep in and conquer lands whose rulers have become corrupt and complacent. They create a new dynasty — and, over time, become corrupt and complacent themselves, ready to be overrun by a new set of barbarians." -
VC Chris Dixon makes an interesting point about Microsoft, even if he does ignore anti-trust issues: "In 2004, Microsoft could have bought all Internet companies except Google for <$32B. Instead they issued a dividend." -
Running an ad tech business still requires hiring a lot of people – "armies of account managers, analysts, and client-support staff." -
Facebook is getting out of the business of selling physical gifts online. It's strange to think Facebook was in the business of selling physical gifts online, isn't it? -
Google now requires Android developers sell virtual goods using only Google's payment tools. That's a shot at several well-funded payments startups. -
Tesla is outselling Porsche, Volvo and Land Rover in California. -
Ted Sarandos is the Netflix executive responsible for an original content strategy that is turning Hollywood upside-down. -
We published the unauthorized biography of Marissa Mayer on Saturday morning. | | | | | | | |
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