Rhode Island's $75 million gamble on Curt Schilling's video game company now stands as a cautionary tale on overreaching expectations in a misunderstood industry.

By Forbes Digital Apr 24, 2013 3:19PM
It seems like a simple tale -- almost an admirable one: A retired sports star loved video games so much, he wanted to make one of his own.
The result had the potential to break stereotypes about who likes and makes games, and to create hundreds of new jobs, millions in revenue and a hopefully a fun new game for everyone to enjoy.
Unfortunately, Curt Schilling's 38 Studios now stands as a cautionary tale on overreaching expectations in the video game industry, and the full extent of just how poorly the government can manage money if given the chance. In this case, a tiny state had a massive hole blown in its budget through the folly of just a few lawmakers.

Apple's chief executive is building a team capable of sustaining success over the long term. So why root for him to be fired?

By TheStreet Staff Apr 23, 2013 11:45AM

thestreet logo Apple CEO Tim Cook © KIMIHIRO HOSHINO/AFP/Getty ImagesBy Dana Blankenhorn, TheStreet


Running a big company is not like running a baseball team.


We're used to calling on the managers or general managers of our favorite teams to be fired willy-nilly, and they often are, in all sports. Even though we know that long-term success comes from keeping faith with someone through the hard times, we still do it.


So why don't we have patience with Apple (AAPL) CEO Tim Cook? Obviously, it's because a lot of people have lost a lot of money over the last six months, making short-term bets on the long-term proposition that is Apple Inc.


Shares of the small-cap audio chipmaker should easily outpace the tech giant's own gains on the investor excitement that inevitably will greet release of the next Apple product.

By StreetAuthority Apr 19, 2013 9:54AM
Red arrow © Fotosearch, Fotosearch, Getty ImagesBy David Sterman
    StreetAuthority on MSN Money                                                    
Shares of Cirrus Logic (CRUS) have been in a freefall for the past six months, losing 54% of their value. The culprit: a loss of investor confidence in Apple's (AAPL) ability to hold onto its share of the smartphone market. 

Cirrus, founded in 1984 and based in Austin, Texas, develops analog, mixed-signal and embedded integrated circuits for products such as the iPhone. 

Apple accounts for most of Cirrus' sales, and as Apple's release of new products has slowed to a crawl, Cirrus has seen its own sales take a hit.

Once people start wearing Google glasses, there will be zero privacy in public. That may be a creepy prospect, but it would have been useful at the Boston Marathon finish line.

By TheStreet Staff Apr 18, 2013 12:21PM

thestreet logoGoogle's Ray Liu demonstrates Project Glass glasses in San Francisco © David Paul Morris/Bloomberg via Getty ImagesBy Anton Wahlman, TheStreet

Google (GOOG) this week started delivering the first batch -- probably a few hundred, at the most -- of its Internet-enabled eyeglasses to early adopters. Production and sales will ramp up in stages in the coming weeks until they become generally available, probably within about a year.


Now, imagine that we could shift some parts of history by a year or two. Imagine that most people in public this week were wearing Google's eyeglasses, recording all audio and video almost all the time.


Let me suggest this: The case of the Boston bombings would have been solved within minutes, perhaps seconds. With hundreds or thousands of people wearing Google glasses, hardly one movement or word acted or spoken in public would have remained unrecorded. There would be no mystery as to who did it.


Even with Apple set to enter Internet radio fray, Wall Street is beginning to recognize that Pandora enjoys first-mover advantages that make it tough to dislodge.

By TheStreet Staff Apr 17, 2013 1:04PM

Pandora logoBthestreet logoy Rocco Pendola, TheStreet


By and large, most tech and music websites get the Pandora Media (P) story horribly wrong.

But the tide appears to be turning.

Not only is Pandora's stock up but the news flow is relatively positive, as more stories reflect a seemingly new-found comprehension of Pandora's competitive advantages, and of the true meaning of Apple's (AAPL) all-but-certain entry into Internet radio. 



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