Also: Deutsche Telekom may merge Metro PCS and T-Mobile USA; the 'lost' Steve Jobs speech.
Here's how it works: For a flat monthly fee (between $24.99 and $39.99, depending on where you live), MoviePass grants you access to one free movie ticket a day. To use the ticket, you simply need to head to a movie theater, check in using the MoviePass app on your iPhone, and then pay for the ticket with your MoviePass payment card. To the theater, it looks like you're paying with a normal credit card, which means MoviePass will work at any cinema that accepts credit card payments.
"Deutsche Telekom is holding talks with the listed company MetroPCS with the aim of operating its subsidiary T-Mobile USA and MetroPCS within one company in which Deutsche Telekom would hold the majority of shares," the carrier said on its Web site. "The talks are at a stage where significant issues have not yet been finalized, contracts have not yet been signed and the conclusion of the transaction is still not certain."
Sandberg acknowledged that the stock's slide has not been great for employee morale, saying "obviously employees are disappointed that the stock price has gone down." But she said that Facebook attracts employees who tend to be "mission focused," so they're continuing to focus on building social products.
"But really, it's a terrible idea. Few people are going to stand up and wave their arms around like that to operate a computer. In the movie, Tom Cruise is doing a lot of object selection, sorting, and editing. Those things work best with small hand movements. We require more motor control for that kind of work."
The "lost" Steve Jobs speech from 1983; foreshadowing wireless networking, the iPad, and the App Store [LIFE, LIBERTY, AND TECHNOLOGY]
He states that in a few years people will be spending more time interacting with personal computers than with cars. It seems so obvious now, but hardly a given back then.
He equates society's level of technology familiarity to being on a "first date" with personal computers. He recognized that technology would continue to evolve in the near future as would people's comfort level with it. In hindsight, once it became dominant the PC industry stood relatively still while Jobs was busy planning "the next big thing".
Artist Program, which launches today, will let participating artists turn to social media to share songs--which can be either their own tracks, or other artists'--with their fans online via trackable song links and embeddable music players. For each fan who becomes a subscriber, Rdio will pay the referring artist $10. Rdio will also provide artists with a dashboard that reflects real-time stats on where and how they're getting fans to sign up for the service.
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The AT&T/T-Mobile mega-merger was supposed to be too big for regulators to ever accept. Then came the wild success of industry upstart MetroPCS.
Among the many people who mistakenly dismissed the idea of AT&T (T) buying out T-Mobile as a never-gonna-happen, count T-Mobile's very own top executives. How else to explain their snarky ad campaign that razzed AT&T for running an old, slow and unreliable network?
How so many well-informed people got MOREScott Woolley - Mar 22, 2011 1:24 PM ET
A round-up of the companies, deals, and trends that made headlines.
Every day, the Fortune staff spends hours poring over tech stories, posts, and reviews from all over the Web to keep tabs on the companies that matter. We've assembled the day's most newsworthy bits below.
Early reviews of The Social Network, director David Fincher and screenwriter Aaron Sorkin's adaptation of Ben Mezrich's The MOREJP Mangalindan, Writer - Sep 22, 2010 7:00 AM ET
An iPhone killer it ain't, but the newest member of MetroPCS's lineup runs with everyone's favorite little green robot.
AndroidGuys picked up another Android spyshot, this time a Motorola slider running on the MetroPCS network (or at least with a splash screen strongly suggesting it will). This adds yet another network to Android's impressive and growing list.
According to their source, this device runs Android 2.1/MOTOBLUR and is powered by a 600MHz MORESeth Weintraub - Jun 6, 2010 8:27 PM ET
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