gogolore:

IBM System/360, 1965.

Even the Sailor Scouts had PDAs.

In a scenario from a techno-thriller, the researchers called the cell phone built into the car network with a message supposedly sent from the tires. “It told the car that the tires had 10 p.s.i. when they in fact had 30 p.s.i.,” team co-leader Tadayoshi Kohno told me—a message equivalent to “Stop the car immediately.” He added, “In theory, you could reprogram the car while it is parked, then initiate the program with a transmitter by the freeway. The car drives by, you call the transmitter with your smartphone, it sends the initiation code—bang! The car locks up at 70 miles per hour. You’ve crashed their car without touching it.

Oh boy.

theswinginsixties:

Computing, 1967 style.

Critics have not been slow to note that the acquisition makes a 13-person company, which is barely two years old, worth more than the New York Times, among many otherfamous brands. Facebook’s decision to pay so much money for a firm that has, as it happens, no revenue whatsoever smacks to many of the insanity that fuelled the last tech bubble.

This just sounds insane to me. Instagram’s 1 billion dollar valuation for what is not even the best camera app on iPhone, with social network baggage. Considering Facebook already had a mobile photo option, they have basically paid this absurd amount of cash and stock for a few bad filters. Camera+ is a way better app, all things considered.

Do people pay any attention to prior stock bubbles and collapses, or what?