Facebook mulls over switching stock exchanges; what's next for Research in Motion?
Its I.P.O. botched, Facebook looks hard at Nasdaq [THE NEW YORK TIMES]
Executives at the Internet company are pinning much of the blame on Nasdaq, according to several people close to the company and its underwriters, who spoke on the condition of anonymity because of continuing shareholder lawsuits. Tensions remain so high that Facebook is still considering switching exchanges and is weighing the costs of such a move, these people said.
Steve Jobs was wrong [SLATE]
Jobs thought 7-inch tablets were too small. ... And for a long while, he was right. Manufacturers built 7-inch tablets because shrinking the display allowed them to cut costs enough to compete with the iPad on price. And, just as Jobs predicted, the small screen was a usability nightmare—you'd try to tap one thing and end up tapping another. This didn't have to be so.
Facebook users say contacts' e-mail addresses on phones and personal devices have been altered without their consent -- and their e-mail communication is being redirected elsewhere, and lost.
What's next for RIM? [MONDAY NOTE]
Will BB10, RIM's answer to iOS and Android — the company's "number one priority" — ever ship? And, if it does, will it matter? Probably not…and probably not. To start with, BB10 isn't a next-generation OS, it's not a version N+1. It's a whole new infrastructure based on QNX. Certainly, QNX is robust, venerable, and respected — but over its nearly 30 years, it has evolved into the premier OS for real-time applications embedded in consumer electronics, medical devices, and automobiles, not smartphones.
Shutterstock pioneered the subscription approach to stock photo sales, allowing customers to download images in bulk rather than à la carte. Shutterstock is e-commerce with a twist, and its success depends on its contributors' ability to predict, and then provide, products that its subscribers will want to buy. The site is pretty much the Demand Media of imagery -- and its revenues, for both the company and its community, depend on volume.
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