June 17, 2004
Wealthy and Intrepid
Posted by nerdling | June 17, 2004 12:36 PM
Good news, sports fans! Johnny Ramone is not close to death, as previously suspected. Rather, it was complications from his cancer that put him in the hospital, and he could be released as early as tomorrow.
Bono, rockstar and social justice pioneer extraordinaire, has once again opened his big mouth (and wallet) to become a partner in the Silicon Valley venture capital firm Elevation Partners. The firm intends to put their money behind media and entertainment projects.
In other Silicon Valley news, Apple resellers have lodged a suit against Apple over the allegedly unfair competitive advantages given to Apple Stores. The suit also maintains that these tactics are driving independent retailers out of business.
I have some knowledge of this area, being acquainted with some Apple resellers, and the slow push that is taking out most independent retailers has been a long time coming. Apple started changing terms and renegotiating contracts last year and most of the changes reflected the priorities of Apple's direct sales efforts. Despite the complaints, most independent retailers signed on, so I can't say anyone should be surprised by Apple's favoritism—least of all the people who are being pushed out.
Stoners of the world, rejoice! I've found your ultimate vacation destination: the Jam Cruise.
Just the thought of being trapped on a boat with bands playing improvisational jam versions of "Another Brick in the Wall" makes me break out into a cold sweat.
Since reading this means that you probably have time to indulge in aimless meandering, check out The Illustrated Smiths. {Via [information leafblower]}
