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All posts tagged "Linden Labs"

  • Second Life in desperate need of a second life

    The value of Linden Lab, which operates the virtual world Second Life, has plunged by more than 21%, according to SharesPost, which tracks the private secondary market. In late June, Linden Lab brought back founder Philip Rosedale as interim CEO, after CEO Mark Kingdon stepped down. The current value of Linden Lab is estimated by SharesPost to be about $271-million or about $100-million less than a year ago. The plunge in value appears related to...

  • 12 predictions for the web

    IBM Chairman Thomas Watson famously predicted in 1943: "I think there is a world market for maybe five computers." In the same decade the magazine Popular Mechanics also weighed in, predicting that "Computers in the future may weigh no more than 1.5 tons." Even Microsoft founder Bill Gates predicted in 1981 that for computer memory,"640K ought to be enough for anybody." Computers now come standard with more than 3000 times that....