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Andreessen Horowitz partners to give away half of VC earnings

Jumping on the philanthropic bandwagon that counts people like Bill Gates, Mark Zuckerberg, Warren Buffett, and others as members, the Silicon Valley venture capital firm Andreessen Horowitz says its leaders will give to charity at least half of their lifetime VC earnings.

According to a Wall Street Journal report today, the six Andreessen Horowitz general partners said their giving will begin right away.

The partners plan to donate $1 million immediately to six nonprofits in the Valley, including the Second Harvest Food Bank and The Shelter Network, which focuses on homelessness issues, according to the Journal. The partners are: Marc … Read more

PageOnce drops subscription fee

SAN FRANCISCO-- Building a freemium service? You might want to pay attention to this tidbit: The mobile bill-payment service PageOnce is dropping its $4.99 subscription fee and going to an a la carte model.

PageOnce CEO Guy Goldstein told me at the Future of Money conference that the company has been testing different price points for its paid service. While getting financial account data and seeing bills remains free, helping users pay bills is where the company makes money. To date, PageOnce has charged $4.99 a month for this. Starting in early May, the per-month fee will be … Read more

CISPA cybersecurity bill 'not being rushed through,' aide says

SAN FRANCISCO--A senior U.S. House of Representatives aide said at an event held this evening at CNET's headquarters that he was astonished by the recent groundswell of opposition to a cybersecurity bill expected to be voted on next week.

"I'm really astounded to keep hearing this drumbeat that it's vague," Jamil Jaffer, senior counsel to the House Intelligence Committee, said during a roundtable on the Cyber Intelligence Sharing and Protection Act, or CISPA (PDF), moderated by CNET chief political correspondent Declan McCullagh and organized by Hackers and Founders.

Jaffer said that CISPA's critics … Read more

Anonymous hacks into tech and telecom sites

Anonymous is certainly making the rounds this week. First China, now the telecom and tech industry.

The hacker group has claimed responsibility for leading denial-of-service attacks on two technology trade association Web sites, USTelecom and TechAmerica, according to Bloomberg. Anonymous is reportedly lashing out because these organizations support a cybersecurity bill that some members of congress are working to pass.

The attacks began yesterday when users were unable to log onto the sites, reports Bloomberg. USTelecom represents telecom companies, including AT&T, Verizon, and CenturyLink; and TechAmerica's members include tech companies such as IBM, Microsoft, and Apple.

Both … Read more

How U.S. sanctions hurt Iranian Internet activists

analysis President Bill Clinton's 1997 electronic embargo against Iran, which curbed its citizens' access to U.S.-based software and Web sites, continues to create legal hassles for American Web companies.

In August 1997, Clinton signed an executive order saying U.S. companies and individuals could not provide "goods, technology, or services to Iran" -- a decree that led to unintended consequences such as Utah-based Bluehost giving the boot to Iranian bloggers and opensource software site SourceForge.net denying access to Iranians.

The U.S. Department of the Treasury's announcement yesterday, which was designed to complement … Read more

Comcast: Of course we'll fix our billing mistake... for just $25

Cable companies--like cell phone companies--aren't always keen to explain all the little nickels and dimes that they sweetly extract from your account.

There are so many little charges on your bill that their names mesmerize. You know, like the "Oops, We Made A Mistake, But We'll Charge You To Fix It" charge.

You might not have heard of this one, because it might masquerade under the name "payment reversal." At least this is the claim made by one pseudonymous Comcast customer, who noticed a $25 line item that seemed out of line.

Consumerist reportsRead more

In the world of Big Data, privacy invasion is the business model

Recent weeks have seen a lot of (overdue) talk about privacy and technology. There was the flap over Path and other mobile apps uploading your phone's address books to their servers without your permission. A follow-up story noted apps might be able to slurp up photos and their location data on iOS, too.

There was the discovery that Google overrode some cookie settings in Safari in order to track users for ad serving. And Congress is still figuring out a response to last fall's concerns over software on phones that could share your location or other data without … Read more

Gates on energy: IT revolution has warped our minds

NATIONAL HARBOR, Md.--Even with the exciting work being done on energy at countless labs and startups, Bill Gates isn't counting on a repeat of what happened with info tech.

Speaking at the ARPA-E Energy Innovation Summit here today, Gates argued that the amount of government funding for energy research and development should be doubled to speed the pace of innovation.

Even with a massive increase in research and other policy mechanisms, such as a tax on carbon emissions, Gates said energy moves slowly just by its nature. Unlike IT, the energy industry is capital-intensive and heavily regulated, and … Read more

Bill Ford: Computing tech will upend the auto industry

BARCELONA--Bill Ford, bitten by the Silicon Valley bug, has dreams of a fast-moving Detroit at the heart of a radical overhaul of personal transportation.

As the executive chairman of Ford Motor Company and great grandson of the company founder Henry Ford, he's got deep roots in a century-old industry. Ford predicts a future, though, in which computing and communications technology is no longer an accessory but instead a primary part of a car, and in which the auto industry works on the same time scales as the electronics industry.

There was a time when technology suppliers would have a … Read more

Friday Poll: Will the Privacy Bill of Rights matter?

I have this strange feeling that I'm being watched. Gmail is hinting in an ad that I should consider self-publishing that novel I'm working on. Thesaurus.com seems to know exactly which jackets I looked at recently on Backcountry.com.

The Obama administration's recently unveiled Consumer Privacy Bill of Rights is supposed to tip the balance of power back to Web users. It gives them the right to control what data is collected, how it is used and shared, and to have that data secured. Enforcement information, however, is still sketchy.

The document is expected to be used as the basis for new privacy legislation.

Online privacy is a sizzling topic in light of Facebook privacy missteps, Google's consolidation of privacy policies, and sneaky data collection by mobile apps. … Read more