DigitalCashNews tweeted that the head of ChronoPay, an alternative payment system, was arrested in Russia, being accused of orchestrating a DDoS attack on a competitor. The tweet links to threatpost.com, but I can’t access the site at the moment. Nevertheless, it seems doubtful for people trying to establish PayPal alternatives.
Robert McGarvey writes that HP has paid $80 million over the years in severance pay, stock options, and so on to fired CEOs Carly Fiorina, Mark Hurd, and Leo Apothekar. Meanwhile, Eric Jackson calls the HP board pathetic, and I agree. It would have been better to spend the $80 mil to flood the market [...]
This just in: Steve Jobs quits Apple! The Wall Street Journal has the story. What does this mean for the future of Apple, the iPhone, and the iPad?