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scandal
Did Apple's Ex-CFO Rat Out Steve Jobs?
Forbes has a cover story on how Steve Jobs got himself in hot water with the SEC over stock options. The magazine is part-owned by former Apple CFO Fred Anderson. Do the math. More » -
print is dead
Power-Hungry Censor Gutting Forbes?
Multiple sources tell us Forbes, the troubled, Bono-backed right-wing business magazine, is set to lay of 50 or 60 employees tomorrow. And Carl Lavin, a power-hungry editor, is behind the bloodbath. More » -
nerdfight
Bono and Steve Jobs No Longer BFFs
What did Steve Jobs do to his old buddy Bono? The Irish rock star, once the Apple CEO's adoring buddy, is funding the most credible threat to the iPhone yet. -
caption contest
Elevation's new partners
Even Bono's privacy is an illusion. A picture of the U2 rocker (and venture-capital investor at Silicon Valley's Elevation Partners) with two comely teenagers, Hannah Emerson and Andrea Feick, was leaked to the Daily Mail via Facebook. (The site has notoriously bad security on its online photo albums. Know someone who knows someone who knows someone? You can see their pics, no problem.) We now understand why Wikipedia cofounder Jimmy Wales likes to pal around with Bono; great minds think below the belt. Can you think of a better caption? Leave it in the comments. The best one will become the post's new headline. Friday's winner: kgbeat, who turned Jason Calacanis's two-fingered salute into the answer to the question, "How many rounds of layoffs are planned at Mahalo?" -
death of print
Forbes.com, Forbes careerists gird for battle
David Churbuck, the founder of Forbes.com (and sweaty prep-school wrestling partner of Fake Steve Jobs blogger turned boring Newsweek columnist Dan Lyons), has weighed in on the chaos enveloping his former employer, the investor-friendly, snarkier-than-thou business magazine. Churbuck, like many Forbes alumni, seems to know more of what's going on than its current employees. The publication, now backed by Silicon Valley investment house Elevation Partners, is colliding together its Web and print editorial teams, and the result could be nuclear, as editors and writers scramble for position in the new order. Churbuck observes that the split between print and online had its roots in a plan to spin off Forbes.com in an IPO during the go-go late '90s; even after plans for an IPO were scrapped, the division persisted. Now, Elevation is pushing to consolidate the staffs, Churbuck says. Separately, a tipster reports several personnel moves happening at Forbes. Are they coincidence, or a sign of people positioning their own careers for the coming upheaval? Hard to say. More » -
paul boutin
Apple's Product Red iPhone — hey, that was my idea
Rumors of a Product Red iPhone, which would send a hefty chunk of change to fight AIDS in Africa with each purchase, may be real this year. I'm just saying, my made-up version last Thanksgiving had better specs. -
digital music
Bono agrees with U2 manager's attack on Internet service providers
U2 frontman Bono disagreed with manager Paul McGuinness's judgment on the failure of Radiohead's Web busking for In Rainbows, but like McGuinness, he lays the blame for the death of the music industry's business model at the feet of those greedy Internet service providers in his open letter to New Music Express: More » -
crash this bash
Google's fight for the right to party like sagging, middle-aged rockers
Google has asked San Francisco for permission to host a "picnic-style dinner" for 1,400 sales employees on June 11. What's really pathetic: Google wants its salespeople to boogie down after hours to the sounds of U2 and Journey. Not the actual U2 and Journey, mind you, but cover bands. Neighbors aren't charmed, and not just by having their backyards used at the set for lightly inebriated lip dubs of "Don't Stop Believing." But the people who bring in Google's billions should ask why, if Larry Page is such pals with Bono, he wasn't able to deliver the real thing for their park-wide party. -
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the sum of all human knowledge
Jimmy Wales's $1,300 dinner with the VC
Everyone's beating up on Wkipedia founder Jimmy Wales for his shady dealings. But evidence has now arisen that if he's a money-grubber, he's not a particularly skilled one. When Wales turned in receipts for $30,000 in expenses charged to the Wikimedia Foundation, Wikipedia's nonprofit parent, among them was a $1,300 dinner at a steakhouse in Tampa. In attendance: Marc Bodnick, another Elevation Partners cofounder. Bodnick later introduced Wales to Bono. (His sister-in-law Sheryl Sandberg, then a Google exec, now Facebook's COO, helped connect Bodnick and Bono, a contact from her Washington days.) The foundation's board ultimately turned down Wales's request to get paid back for the dinner. More » -
sheryl sandberg
Harvard Business School, White House alumna says connections don't matter
In an interview with BoomTown's Kara Swisher, Facebook's new second-in-command Sheryl Sandberg says "Silicon Valley is a very good place for women."For a couple reasons. It's a meritocracy. People really care about ideas here. None of the old school where'd-you-come-from stuff applies in Silicon Valley and I think that helps women.
Where Sandberg comes from: More » -
music
Bono gives away iPods to save Africa
Bono gave a red iPod to the Japanese Prime Minister hoping to encourage more support from Japan to combat African poverty. Yasuo Fukuda asked Bono if his music was preloaded on the device. "No, but you can download it." More » -
nerdspotting
Robert Scoble gets within inches of Real Bono
Robert Scoble almost managed an interview with some guy wearing sunglasses inside at Davos. But no, that's not our very special correspondent recording a message to fans on YouTube. It's the real Bono. Really, you think our guy would say, "Don't change your lightbulb. Change your leaders" ? He's a bit more cynical than all that. More » -
celebritards
Fake Bono draws real pitches
I finally got the story behind Bono's alleged appearance at the Demo tradeshow last year. MindTouch cofounder Aaron Fulkerson recruited the singer from a U2 tribute band — Pavel Sfera from San Diego-area Desire — to walk around the show floor and do his shtick for laughs. Sfera, shown here with telejourno Natali Del Conte, turned out even better than the real thing: He ad-libbed monologues about Mother Teresa, Desmond Tutu and Jesus all over the place. Because of the real Bono's role at Elevation Partners, and oh just maybe an oversized sense of their own importance, Demo attendees believed what they wanted to believe: Saint Paul of Clontarf had come by their show to check out their startup! Fulkerson had to hustle Sfera out of the show after founders began excitedly pitching him. "I've got a cure for hunger," one gushed. It involved Web page markup technology. (Photo by Brian Solis, I think) -
satire
Bill Gates visits his therapist
Thank you for seeing me, doctor. Right here on the couch, turned away from you? I read that doctors do that to eliminate the burden of eye contact. Ha, or in case they don't like your face, good one. Actually I don't like my face much either. That's what I'm here about. More » -
exclusive
Gavin Newsom makes Larry and Lucy's short list
We hear that Larry Page's wedding to Lucy Southworth on Necker Island Sunday was a smaller affair than widely reported — only 170 people, not 600. Confirmed in attendance: Richard Branson, who officiated, and Bono, who read a poem he wrote for the couple and performed a song. Oh, and also San Francisco's hunky god-mayor, Gavin Newsom, shown here with Page and Google cofounder Brin. How do we know Newsom was there? More » -
exclusive
Fake Bono revealed!
Since I first noticed that Fake Bono had taken over Fake Steve Jobs's blog, I've been wondering who Fake Bono really is. We had a number of guesses: Dan Lyons was taking on a second alter ego; Bono himself was writing; Marc Bodnick, cofounder of Elevation Partners, where Bono is a partner, was taking a turn; and Bono-wannabe Valleywag contributor Paul Boutin. After carefully reviewing the Bono posts, we're ready to reveal the identity of Fake Bono. More » -
lazy valleywag
Who is Fake Bono?
Over the long Thanksgiving weekend, Forbes editor Dan Lyons's Fake Steve Jobs blog was taken over by Fake Bono. As the story goes, Bono was spending Thanksgiving at Jobs's house and found El Jobso had left himself logged into Blogger. He got drunk with Googlers, flew on Marissa Mayer's jet to meet the Pope in Uganda, introduced the U2 Edition iPhone, and wouldn't shut up about his RED campaign. Really, who is this guy? Send guesses my way. After the jump, an apology of sorts from Fake Bono to Fake Steve. More » -
elevation partners
How iLike got U2's new song
A previously unreleased song from U2's upcoming rerelease of Joshua Tree is already available on the Internet. But we're not just talking about unlicensed BitTorrents here. "Wave of Sorrow" and the video embedded above explaining the song, is available on iLike, and not, as far as we can tell, on the band's MySpace or official site. So why did U2 favor iLike, the music widget best known as a Facebook success story? More » -
rumormonger
Wikiprofits on Wales's mind?
A tipster is telling us we got it right on why founder Jimmy Wales is moving Wikipedia to San Francisco: dollar bills. Tall stacks of them. Specifically, Wales is looking to tap the deep pockets of Wikipedia benefactor Roger McNamee of Elevation Partners, our source believes. You know, the firm U2 frontman Bono shills for. Our tipster writes that McNamee and Wales have plans to profit from Wikipedia. Curious, since Wikipedia's run by a nonprofit. The tip, after the jump. More » -
acquisitions
Private-equity firm Elevation Partners — which counts U2 frontman Bono among its partners — sold gaming companies BioWare and Pandemic Studios to Electronic Arts for $860 million. Elevation Partners, which is named after the U2 song, was a natural for EA to do a deal with. One of the founding partners, John Riccitiello, is the CEO of Electronic Arts. Elevation purchased the two game companies in late 2005 for $300 million. Not bad for less than two years' work. [WSJ]
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