Judged by one (admittedly imperfect) metric, Facebook’s $19 billion acquisition wasn’t as outrageous as it might appear.
Mike OrcuttFollow @twitterapi
I’m MIT Technology Review’s research editor. I spend my days taking things extremely seriously and attempting with all my nerdy might to piece together bigger pictures from the bits and shreds of truth I manage to filter from the information barrage. I’m particularly obsessed with the energy-related challenges facing humanity and the future of the Internet.
Mike Orcutt's Stories
Though still volatile, Bitcoin is surging in value and being spent more freely; it's also inspired a legion of competitors.
A material that selectively blocks heat and light could finally make it practical to add smart windows to buildings.
The 2013 Global Innovation Index looks very similar to last year’s, but its ranking of the most efficient innovators features several new names.
Apple still holds a strong lead, but new data shows that Android tablets are gaining in popularity.
New numbers support speculation that the shrinking print advertising industry will fall behind its fast-rising digital counterpart.
By selling inexpensive models in emerging markets, Samsung is rapidly gaining market share.
As the world’s biggest exporter of corn diverts more and more of its crop to make fuel, it’s sending less to the global marketplace.
The fledgling U.S. wind industry would be significantly set back if the credit isn’t renewed.