4 posts and columns on capitalism

Departing Sun Co-Founder to Employees: “Kick Butt and Have Fun!”

in News on January 26, 2010 at 3:10 pm PT

With European Commission approval of its $7.4 billion buyout by Oracle in hand, Sun’s leadership is saying its goodbyes. Last week, we heard from Sun CEO Jonathan Schwartz, who–as I reported yesterday–will soon resign his position. Today, it’s Sun co-founder Scott McNealy who is bidding farewell. Sources close to the company tell me that he too will leave Sun following the close of Oracle’s $7.4 billion buyout. His all-hands memo to employees after the jump.

Netflix CEO Reed Hastings: We’ll Be Shipping DVDs Until 2030

in News on January 8, 2010 at 4:34 pm PT

The digital video revolution may be hastening the DVD toward its end, but there’s quite a bit of life left in the old format yet. Netflix CEO Reed Hastings said as much today when he remarked that the company’s DVD-by-mail business will likely continue until 2030. During a wide-ranging on-stage interview with All Things Digital’s Peter Kafka, Hastings discussed the deal Netflix cut with Warner Bros. earlier this week that will delay rentals of the studio’s films until 28 days after their DVD release and Comcast’s proposal to acquire a controlling stake in NBC Universal, a move that could impact Netflix’s Watch Instantly streaming service.
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Does Rupert Murdoch Have Kindle Envy? News Corp. Mulls an E-Book Reader Investment.

in Media on April 2, 2009 at 4:38 pm PT

Here’s yet another fan of the Kindle, Amazon’s much-hyped e-book reader: News Corp. CEO Rupert Murdoch, who likes the device enough that he’s considering investing in a Kindle rival.
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WSJ.com Video: Microsoft's Bill Gates Pushes "Creative Capitalism" in Davos

in News on January 25, 2008 at 12:01 am PT

In his speech yesterday at the World Economic Forum in Davos, Switzerland, Microsoft chairman Bill Gates talked about a new form of capitalism, which he called “creative capitalism.” By that, one of the world’s richest men said the market had to find a way to help poorer countries in new and more benevolent ways. Obviously, [...]