A curated selection of the long weekend's most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to your inbox every morning.
- Major executive shakedown over at Chinese business-to-business service Alibaba.com. CEO David Wei and COO Elvis Lee took responsibility and resigned over fraudulent company activity that they were reportedly not involved in. An internal probe found that 2,000-plus vendors on the e-commerce site submitted fake business registration papers, a situation which some 100 employees knew about. (Wall Street Journal and TechCrunch)
- Is blogging already on the wane? That's what The New York Times is saying. Apparently, blogging from 12 to 17-year-olds dropped by half from 2006 to 2009 -- instead, they're taking to Facebook and Twitter. But the situation may not be as dire as the publication makes it out to be. According to entrepreneur Matt Mullenweg, all the major blog services, including WordPress and Blogger, are still growing.
- Apple is expected to announce a new high-speed connection technology that would be faster even than USB 3.0, a technology offered on PCs but has yet to find its way into the Cupertino company's Macs. "Light Peak," as it's currently been dubbed, as originally touted by Intel as the holy grail of connector technology: a single replacement for the myriad cables that connect to monitors, external drives, scanners, printers, and anything else that plugs into a computer. Sony is also expected to be an early adopter. (CNET) More
Posted in: Alibaba
, Alibaba Group
, Gilt Groupe
, Light Peak
, Matt Mullenweg
, Motorola Xoom
, The Wall Street Journal
, Wall Street Journal