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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

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The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow

1

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

2

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow

Today in Tech: Inside the death of Palm and webOS

By
JP Mangalindan
JP Mangalindan
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By
JP Mangalindan
JP Mangalindan
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June 6, 2012, 1:04 PM ET
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How Sean Parker bumbled his new startup’s launch; HP CEO Meg Whitman opens up. 

Airtime makes an awkward first impression [FORTUNE]

The company aims to offer frictionless video networking that allows you to chat with your existing friends or with strangers based on location or interests you share on Facebook. Like predecessor Chatroulette.com, it’s easy to switch to a new chat partner, but unlike that service, which became known for its shock value, Airtime allows users to reveal their identity and share content such as YouTube videos. At the launch in New York, however, the potential for a major shakeup to the Facebook social graph took a backseat to technical problems and a somewhat manic, nervous Parker.

Hewlett-Packard CEO Meg Whitman has a lot to say (Interview) [ALL THINGS D]

Once the legal trial with Oracle is concluded, one way or the other, she’d like to see HP and Oracle work together again, even though she conceded that the damage done to HP’s Business Critical Server business is hurting HP. She also said that HP will create a version of HP-UX, its version of Unix that will run on Intel’s mainstream server chip known as Xeon. For another, she will not accept a job in a Mitt Romney White House in the event one might be offered. To do so would be to leave HP too soon at a moment when, more than anything, it needs consistent leadership.

Pre to postmortem: the inside story of the death of Palm and webOS [THE VERGE]

Understanding exactly how Palm could drive itself into irrelevance in such a short period of time will forever be a subject of Valley lore. There are parts of the story that are simply lost, viewpoints and perspectives that have been rendered extinct either through entrenched politicking or an employee base that has long since given up hope and dispersed for greener pastures. What we do know, though, is enough to tell a tale of warring factions, questionable decisions, and strategic churn, interspersed by flashes of brilliance and a core team that fought very hard at times to keep the dream alive.

Ellen Pao breaks her silence: I’m still at Kleiner Perkins, and I don’t plan on leaving [TECHCRUNCH]

Ellen Pao, the partner at Kleiner Perkins Caufield & Byers who is suing the legendary venture capital firm for alleged gender discrimination and acts of retaliation she claims to have experienced during her seven year career there, has refused to speak to the press since news of the lawsuit first broke last month. … In response to an anonymous Quora user who asked, “Did Ellen Pao quit KPCB after the lawsuit?” Pao wrote a simple response posted Monday afternoon: “No, and I don’t plan to quit.”

Android expected to reach its peak this year as mobile phone shipments slow, according to the IDC [IDC]

The slow growth in the overall mobile phone market is primarily due to the projected 10.0% decline in feature phone shipments this year. Many owners of feature phones, sometimes known as “talk and text” devices, are holding on to their phones in light of uncertain job and economic prospects. Despite the decline in shipments, feature phones will still comprise 61.6% of the total mobile phone market this year.

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