Wall Street is a funny place. Amazon spends heavily on technology and content for the last two years and all analysts do is whine.
Between the Lines
Larry Dignan and other IT industry experts, blogging at the intersection of business and technology, deliver daily news and analysis on vital enterprise trends.
Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as Editorial Director of ZDNet's sister site TechRepublic.
Rachel King is a staff writer for ZDNet based in San Francisco.
Zack Whittaker writes for ZDNet, CNET, and CBS News. He is based in New York City.
When a power outage that affects a mere 30,000 to 50,000 customers knocks out some of the more popular sites on the Web you know disaster recovery plans have some holes. On Tuesday afternoon a host of sites such as Craigslist, Red Envelope, Yelp Technorati and ZDNet had trouble delivering pages.
Notable headlines:Techmeme: Power outage in San Francisco and why a bunch of sites (including ZDNet for a time) were down. Dan Farber: Pardon our interruption in programming.
This afternoon part of San Francisco suffered a power outage, and ZDNet blogs, as well as Technorati, Six Apart, Craigslist, Netflix, Yelp and other services housed at the 365 Main hosting facility were wholly or partially affected. In the case of ZDNet, there was apparently a problem with the backup power when the power outage, currently of unknown origin, occurred, and some our databases were corrupted by the sudden power drop.
AT&T reported its second quarter earnings on Tuesday and the headline grabber appears to be the fact that Ma Bell activated 146,000 iPhone subscribers in two days. But there are a few caveats before the "iPhone is disappointing" chorus gets going.
India's currency is gaining on the U.S. dollar. Workers at Indian outsourcing firms still garner double-digit raises.
Apple reports its fiscal third quarter results on Wednesday and all eyes will be on the iPhone and its sales to date. Apple is expected to deliver third quarter earnings of 72 cents a share on revenue of $5.
Notable headlines:David Berlind: By 2010, will Windows ‘Seven’ (or any desktop OS) really matter? Mary Jo Foley: Drawing more Microsoft roadmaps.
Ericsson and Texas Instruments said Monday that they are teaming up to develop custom technology and chips for 3G devices. My reaction--other than I'm overwhelmed with the acronyms in the statement--is this: How long do we have to hear about 3G?
Netflix has a great service. Just not great enough to avoid a bloody price war with Blockbuster's TotalAccess plan.