Captive Audience: Telecom Industry and Monopoly in the New Gilded Age (Amazon) — Foo camper and former Washington insider, now truth-teller about broken telco industry in the US. From Time’s review of the book and interview with her: Meanwhile, Comcast has sharply reduced its capital expenditures, which have now fallen to 14% of revenues from over 35% a decade ago, even as it enjoys a whopping 95% profit margin on its broadband service. “They’re not expanding and they’re not enhancing their service,” Crawford says. “They’ve done their investment, now they’re just harvesting.” Not surprisingly, Comcast’s stock price increased over 50% in the last year, and nearly 200% over the last four years. “Shareholders are doing well,” Crawford says. “The rest of the country, not so great.”
Barclays Cut Software Expenditure 90% With Open Source (The Inquirer) — “We’ve been making significant savings in our technology platform by doing a lot of the work in-house to develop and launch our own applications rapidly,” he said. “It means we can write new applications once and then develop them using an open source model, rather than rewriting them again for legacy systems.” (via The Linux Foundation)
The Internet of Things That Do What You Tell Them: Cory Doctorow passionately explains how computers are already entwined in our lives, which means laws that support lock-in are much more than inconveniences.