Silicon Valley Technology Commentary & Archives · Est. 2006 3,035 Posts · 2006–2026

August 21, 2006

August 21, 2006 · 2 MIN READ · BY LOUIS GRAY

Evening Tech Notes: August 21, 2006

Evening Tech Notes: August 21, 2006

In the "yet another iPod competitor" category, Sandisk debuted devices that scale all the way through eight gigabytes - double that of the iPod Nano, with a similar style to and price of the Nano, giving Apple what some have termed its most formidable competition in years, since the iPod's having grabbed more than three quarters of the MP3 player market. Oddly, after decades of being trumped by Microsoft's inferior software and hardware, Apple has the shoe on the other foot when it comes to the iPod, as even if they were to be trumped on technology (and there's no indication that's happened here), their immense market share and momentum will make it very difficult for competitors to make inroads. In fact, Wired News says that iTunes has become such a dominant entity in the music business that even the initial holdout bands will have to make their music available.

In fact, in the face of competition from online sales, such as iTunes, Tower Records announced today that it is filing for Chapter 11 bankruptcy protection amid declining sales.

Interestingly, some media pundits, including GigaOm, are saying that Apple has such interest in the music and video space that they are suggesting the Cupertino company make a play for online video site YouTube. Although I don't see it happening, Apple is one company who could potentially strike a deal for the $1 billion-valued Web 2.0 giant. However, Apple does not have a history of purchasing content sites. The company's middle of the road .Mac services were all home grown, and acquisitions have tilted more to the software arena.

Lastly, there was considerable fallout at AOL after the company inadvertently leaked thousands of search queries from users in a massive violation of privacy - as discussed earlier in "Privacy On the Web Is Gone". The online services company reacted swiftly by forcing the resignation of AOL's chief technology officer and other minions who had a part in making the breach happen. As Good Morning Silicon Valley writes, imagine how that would look on the resume... "Reason for leaving last job: Violated the privacy of 600,000 company customers". Ouch. (More)

Listening to ''Aphrodesiac'', by Nu Mood Orchestra (Play Count: 7)
August 21, 2006 · 2 MIN READ · BY LOUIS GRAY

A's Win 12-10 After Being Down by 8 Runs

A's Win 12-10 After Being Down by 8 Runs

A typical 2006 A's game is one where the winning team claims victory by benefit of sharp pitching and defense, so a slugfest like tonight's game in Toronto, where both teams tallied double digits on the scoreboard, is highly atypical. What made the game even more atypical was the way that the A's fell behind early to the tune of 8-0, and rallied back for the win, matching the franchise's biggest comeback of all time, achieved only once before.

Though at the office when the game started, I periodically checked in on the score early, only to find our heros on the short end of an early deficit, first 3-0, and later 8-0. On Athletics Nation, loyal posters were committing faux suicide and claimed the game was over. Usually, it would be, but tonight was one for the record books. In the top of the 3rd, the A's got to starting pitcher Ted Lilly, and banged him up to the tune of 7 runs, knocking him out. In fact, the knockouts didn't end there. In front of the TV cameras, Lilly had words with the manager, and news services are now saying the two exchanged blows, drawing blood. That can't be good for team morale.

But the A's were the ones with punch the rest of the way. On the back of a 4-5 night by Jason Kendall, three hits by Eric Chavez, and home runs by Bobby Kielty, Milton Bradley, and Jay Payton, the team most known for its light offense didn't let up until they had pulled off the unimaginable. And that, ladies and gentlemen, is why they play baseball, and why every game goes nine innings. It ain't over until they say it's over. And after it's all done, the A's still have a five game lead in the division, and look like they have a strong chance to make the playoffs. We've already purchased our tickets, and are looking forward to it, especially after this night to remember.

Listening to ''People'', by Paul Van Dyk (Play Count: 4)
August 21, 2006 · 1 MIN READ · BY LOUIS GRAY

Microsoft LiveSpaces? Empty Spaces

Microsoft LiveSpaces? Empty Spaces

There's been a bit of discussion on the blogosphere over the last few days about Microsoft's claim that their Microsoft LiveSpaces service is the most popular blogging service in the world, if one tracks it by the total number of bloggers. But if that is so, how come I have yet to see any useful sites on Microsoft Live? Why are all of the most-popular sites powered by WordPress or TypePad, or for those consumer-level folks among us, by Blogger?

(For what it's worth, I'm sticking with RapidWeaver)

Robert Scoble goes head to head with one of the Microsoft Live drones, after doing some investigation and seeing that all of the blogs he found on Microsoft Live were absolutely devoid of content. No big surprise there.

Regardless of the statistics, it is hard to believe that Microsoft is first, nimble enough to make the kind of transition needed to truthfully move from an OS and software suite company to an Internet leader, and secondly, that they can obtain the trust of the end user community, as others have. MySpace and Facebook and other success stories were organically grown, not manipulated, as MSN and Live are. The fact Google bought Blogger shows they knew to ask out the prettiest girl at the dance, not to build her out of spare parts.

Listening to ''Damaged (Ford's Trancendental Radio Edit)'', by Plummet (Play Count: 7)

August 20, 2006

August 20, 2006 · 2 MIN READ · BY LOUIS GRAY

Give Me My Money. Now.

Give Me My Money. Now.

The Players: Wells Fargo Bank, eTrade, and Bank of America

The Hypothesis: I should be able to get my own money when I want, as fast as I want, to do whatever I want.

The Reality: Although each of these institutions offers Web-based transfers, and in the case of eTrade, stock purchases and sales, I don't really get access to my own earned money immediately, despite the fact it's mine. While they have made it relatively simple to move money from one institution to another, and have even gone so far as to make it without charge (that's good!), I find myself consistently frustrated that I can't get to my own cash, in the event I need it.

I have been a loyal Wells Fargo customer since 1998, and opened an eTrade account during the online stock boom in the 1999-2000 timeframe. My wife, a loyal Bank of America customer herself, was acquired following months-long negotiations involving multiple parties. While we've so far avoided getting a joint checking account, something that may change soon, it is common for me to need to write her checks to cover outstanding items, or to spot her on excess spending. And every once in a while, what she needs exceeds the cash I have on hand, meaning I need to draw from the till at eTrade to make ends meet.

One easy way would be to transfer to her Bank of America account directly from eTrade, but we've learned that can take 4-5 business days, and lots of waiting around to figure out if it's really happened yet. The same is true if I transfer from eTrade to Wells Fargo, but the onus would then be on me to wait - more accepted, obviously. I could write her a check, and post-date it, but that'd be silly.

And there's one more option - move all my banking to eTrade. After all, they do say they offer competitive savings rates. But that's not happening any time soon.

Until then, we still have two major issues:

1. I can't figure out why I first can't send my money from eTrade to Bank of America or Wells Fargo immediately.

2. Why doesn't money I gain from selling stock on eTrade become immediately available, either for reinvestment or for transferring?

This Wednesday, I sold half my Apple holdings, to diversify and to gain cash. But the money hasn't appeared available to transfer to either Bank of America (her) or Wells Fargo (me), several days later. Foolishness. It's not as if eTrade is going to bounce a check if they send me my money. Last I checked, they were doing fairly well. And as a strong customer for both them and Wells Fargo for several years, one would think that the skids would be greased a bit for simple transactions like buying, selling and transferring. They're basic. But instead, I need to deplete my savings to give my wife the money she needs, and then wait a week or so, optimistically, to get my own money out of eTrade and into Wells Fargo to refill the money pit. It's real simple - make a change. Give me my money. Now.

Listening to ''That's Life'', by Paul Van Dyk (Play Count: 6)