However, Assange concedes that that is not the sort of person who attends Bilderberg conferences, who regularly visits the White House, and who delivers speeches at the Davos Economic Forum.He claims that Schmidt’s emergence as Google’s “foreign minister” did not come out of nowhere, but it was “presaged by years of assimilation within US establishment networks of reputation and influence.” Assange makes further accusations that, well before Prism had even been dreamed of, the NSA was already systematically violating the Foreign Intelligence Surveillance Act under its director at the time, Michael Hayden. He states, however, that during the same period, namely around 2003, Google was accepting NSA money to provide the agency with search tools for its rapidly-growing database of information.Assange continues by saying that in 2008, Google helped launch the NGA spy satellite, the GeoEye-1, into space and that the search giant shares the photographs from the satellite with the US military and intelligence communities. Later on, 2010, after the Chinese government was accused of hacking Google, the company entered into a “formal information-sharing” relationship with the NSA, which would allow the NSA’s experts to evaluate the vulnerabilities in Google’s hardware and software.
Gary Edwards on 17 May 12Very interesting article from WSJ on the eve of the FaceBook IPO. Karlgaard claims that in Silicon Valley, social networking is last years story. The innovators have moved on to really important stuff, "big stuff", like transportation, energy, electricity, food production, water delivery, health care and education. Killer quote: In Silicon Valley, investing in social-media companies is already passé. Last year, as private investors were bidding up Facebook's valuation to $100 billion, the veteran Silicon Valley investor Roger McNamee said "the next 500 social-media companies will lose money." He's broadly right. The time to make big returns in Facebook and in social media has passed.......... Karlsgard argues that the future belongs to the algorythm engineers, and the magic they make. He sights the incredibly rapid development of the Google Car, concluding that "This rate of progress is normal in the algorithmic world, but it is new in the physical world." Silicon Valley is where the great algorithms engineers put their genius to the test. It's still where money meets magic, and algorithms get to whip saw reality. first up: Manufacturing and Energy. excerpts: Social media is already passé in Silicon Valley. America's innovation engine is now focused on transportation, energy and manufacturing. In March 1986, Microsoft ended its first day as a public company with a market capitalization of $780 million. Its value grew more than 700 times that over the next 13 years and made Bill Gates, in 1999, the richest man ever with a net worth of $101 billion. When Facebook goes public this Friday its market cap could easily hit $100 billion, bringing founder Mark Zuckerberg's net worth to more than $18 billion. That's about 50 times what Mr. Gates was worth after Microsoft's IPO. Facebook's big payday should be cause for celebration in a liberal democracy. Instead it has provoked two kinds of anxiety. Both imply America's best days are over.
