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Bill Gates believes a billionaire's tax is the only option in the age of AI—and 'whatever's left over' can be used as a philanthropic safety net

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Voters in Silicon Valley rejected the billionaire wealth tax while those in Los Angeles and San Francisco—home to the two top AI companies—wanted it

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An explanation of Google’s challenge to Facebook

By
Jon Fortt
Jon Fortt
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By
Jon Fortt
Jon Fortt
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November 1, 2007, 10:42 AM ET
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Are you confused by Google’s (GOOG) OpenSocial strategy to take on Facebook?

It’s OK. OpenSocial is a bit abstract, which makes it difficult to grasp. Yes, it’s clear that important tech players like Oracle (ORCL) and Salesforce.com (CRM) have lined up behind the Google plan, but lots of people are asking themselves, how will it work? What will it allow people to do that they couldn’t do before? Will it be a blow to Facebook, the hot Silicon Valley startup that just scored a $240 million cash infusion from Microsoft (MSFT)?

Below is a video from social networking startup Ning, another participant in Google’s plan. The video explains OpenSocial in the clearest terms I’ve seen.

[vodpod id=Groupvideo.433075&w=425&h=350&fv=config_url%3Dhttp%253A%252F%252Fnetworkcreators.ning.com%252Fvideo%252Fvideo%252FshowPlayerConfig%253Fid%253D492224%25253AVideo%25253A93279%2526x%253DWaLpQm98u1aIP67Av7KvBiutbQ4zGNXE%26autoplay%3Doff]

About the Author
By Jon Fortt
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