For a founder of a highly touted Internet company undertaking an IPO, the “Letter to Shareholders” in the S-1 prospectus has become a rarefied form of performance art. Going public is the purest capitalist act — a deep and unambiguous genuflection to Mammon. But a founder’s letter provides an opportunity to explain that while the […]

Apple has amended a controversial clause in the end-user license agreement of its recently introduced iBooks Author e-book creation app. The first version could be read as saying that any e-book created or edited in iBooks Author could only be sold exclusively in Apple’s store. The new EULA of iBooks Author 1.0.1, released Friday, makes […]

Just a few weeks after the tidal wave of internet backlash postponed the controversial PIPA and SOPA legislation, the mighty Susan G. Komen for the Cure foundation has caved to a mass influx of criticism following its decision on Tuesday to discontinue funding for breast cancer screening done by Planned Parenthood. […]

The traditional media landscape is one based on passivity. We lean back into our cushy sofas to watch TV, we half-listen to the radio while staring at tail lights in traffic. We consume because we’re constantly being fed content from a handful of content producers. And we are satisfied with our continuous consumption. As it […]