The iWatch or Apple Pay isn't a true breakthrough, Peter Thiel argues. Something like an Apple Television might be.
"You need to come up with something that is vastly better than the next best thing," he told CNN's Erin Burnett.
Thiel co-founded PayPal and was an early investor in Facebook (FB, Tech30), among other Silicon Valley startups. Today he's full of criticism for everything from Alibaba to Harvard University.
The 46-year-old thinks the U.S. is looking at years of stagnation if it doesn't start innovating more. That's his main message in his new book, "Zero to One: Notes on Startups or How to Build the Future."
It's more than words for the wealthy investor. He's gone as far as founding the Thiel fellowship program, where he offers to pay bright college students to drop out of school and start companies.
"A diploma is a dunce hat in disguise," he said. That's especially the case if you don't graduate from a top school, he said.
â€” OutFrontCNN (@OutFrontCNN) September 16, 2014
The FBI is investigating how nude photos of actresses like Jennifer Lawrence and Kirsten Dunst ended up online for the world to see.
Many of the pictures appear to have been stored on Apple's iCloud storage system.
How did this happen and could it happen to you?
CNN's Dan Simon has more.
"She made the entire story up in an attempt to save her job and avoid losing hundreds of thousands of dollars in unvested Yahoo stock," Yahoo senior director of engineering Maria Zhang said in a defamation lawsuit filed Wednesday.
Zhang was referring to former software engineer Nan Shi, who filed a complaint against Zhang, accusing her of sexual harassment. Shi is also suing Yahoo (YHOO, Tech30) and Zhang for emotional distress and wrongful termination.
Shi's complaint claims that Zhang "coerced" her to have "oral and digital sex" on multiple occasions. Shi said Zhang promised a "bright future" at the company in exchange for sexual favors. Shi said Zhang threatened to fire her if she refused.
If you've ever tried to cancel your cable service, you know how difficult it can be to do it over the phone. There's the wheeling and dealing to get you to stay.
Ryan Block was trying to cancel his Comcast service over the weekend.
After 10 minutes of getting nowhere, he started recording his conversation with a representative.
The call lasted for 18 minutes before the service was finally canceled and the call ended. The recording went viral, and Comcast responded with a statement reading in part:
"The way in which our representative communicated with them is unacceptable and not consistent with how we train our customer service representatives. We are investigating this situation and will take quick action."
Mediaite's Joe Concha is OutFront.View my Flipboard Magazine.