Eric Schmidt: Europe's The Factory 'is perfect for the renaissance to come' | VentureBeat | Entrepreneur | by Elena Rueckert, VentureVillage
After two years of construction, the eagerly anticipated Factory held its grand opening yesterday. The startup campus will welcome 22 companies, including SoundCloud, Twitter, and 6Wunderkinder, to its 16.000 m2 space.
Apple's 'arrogance' wrought mediocre iTunes Radio and led to Beats buy, report says: "Amid the furor of Apple's $3 billion purchase of Beats, pundits asked why the Cupertino company would sink so much capital into what amounts to a brand name. A report on Thursday now claims a shortsighted and credulous iTunes management team put out an inferior product in iTunes Radio, which in turn forced the acquisition."Well, huzzah.