it-sneak

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Rupert Murdoch admits buying MySpace was a waste of time

13 Jan 2012

rupert-murdoch

Sweet, docile old man Rupert Murdoch is having a lovely time on Twitter, keeping his merry band of followers entertained with tales of his daily exploits, including why buying MySpace was one of his Worst Ever Decisions, the silly fool.

In a message on the site he admitted that there was nothing in the purchase that had gone right but at least he'd learnt a few life lessons along the way.

"Many questions and jokes about My Space. Simple answer - we screwed up in every way possible, learned lots of valuable expensive lessons," he wrote, with refreshingly candid honesty.

Expensive isn't even close: he bought MySpace for $580m in 2005 just a year before Facebook launched and within five years was selling the company for a paltry $35m, a staggering loss of $545m.

What Sneak is more interested in, though, is a Tweet that appears to show Murdoch sent a personal message to Twitter by mistake. How else do you explain the cryptic message, "Jack. Tokyo sounds great but be careful of that full moon".

The full moon? Why, is this Jack character a werewolf of some kind? Or is the media mogul perhaps a closet fan of Japanese author Haruki Murakami?

We can only hope this is indeed what happened and that in future a more racy, or indeed, incriminating text is sent to the wrong location.

Church of England threatens to withdraw ISP funding over porn row

31 Oct 2011

church

The church is not an institution known for its cutting-edge, 24/7, information junkie ethos. In fact, Sneak generally believed that the church liked to suppress free thought in order to maintain the God-fearing status quo.

However, it seems that members of the charitable Church of England are a tech-savvy bunch, and their Ethical Investment Advisory Group (EIAG) has a shedload of cash invested in various internet service providers (ISPs). All for the greater good, you understand.

But in a disturbing, Dan Brown-like revelation it has reached the ears of those on the EIAG board that there is porn on the internet, and as a result they are considering withdrawing their investments unless more is done to curb this horrifying situation, according to The Telegraph.

Sneak can't help but wonder how handy it is that the church never heard about this porn on the internet problem before, ensuring plenty of juicy dividends and returns on its investments.

Still, now that they have made a stand, the ISPs will no doubt be rushing to issue a fix for this problem that has long plagued the industry and all online users.

Perhaps, though, in light of recent news that Anonymous took out a hosting firm that provided access to highly dubious material, the Church of England should pass on its funds to the hacking collective and let its members take out many more such sites.

Google's bizarre bidding tactics from failed Nortel auction are revealed

04 Jul 2011

Google may have lost the Nortel auction patent battle with Apple, Microsoft, RIM and a host of other tech firms, but Sneak can't help applauding the way the search firm went about the bidding process, demonstrating its corporate personality as smart, funny and creative.

According to sources who talked to Reuters, all of Google's bids during the auction for some 9,000 odd patents referred to famous mathematical numbers.

The company bid $1,902,160,540 and $2,614,972,128 during the early round, which maths wizzes may recognise as Brun's constant and the Meissel-Mertens constant. Once bidding passed $3bn, Google offered $3,141,592.65, representing the first nine digits of Pi.

The eventual winning bid was $4.5bn at which point Google dropped out, which is strange as it could have bid $6.66bn to really confuse those who argue that the company has lost its way from the 'Don't Be Evil' mantra.

Other companies involved in the bidding were apparently utterly confused by the bids coming from Google, and the source told Reuters that the company was "either supremely confident or bored".

However, Google has a track record of these kinds of shenanigans. When the firm went public in 2004 it looked to raise $2,718,281,828, the value of e multiplied by a billion. Sneak doesn't know what this means, but it sounds jolly smart.

Other details emerged from the source, including the fact that Apple named its consortium Rockstar and went by the name Ranger, which sound like team names made up by the wallies that appear on The Apprentice.

About IT Sneak

V3.co.uk's undercover reporter offers odds and ends from the odd end of technology.

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