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Best of the Tech Blogs: Do Rich Kids Need Special Monitoring on Social Networks?


Plus, Barnes & Nobles makes Nook tablet more price competitive.

This column highlights the most interesting and useful business and financial commentary on technology from around the Web each day.

Forbes: ForbesWoman
Link: Should Rich Kids Be Grounded From Social Networking?

"This week, amid reports that $15.9 billion man Michael Dell had daughter Alexa Dell's Twitter account deactivated over security distress, I'm grappling with my own concern: Should the very privileged rich be barred from social networking for their own good?

"[I]t's easy to see why Dell (DELL) (or his security team, who he's rumored to pay $2.7 million annually for protection services) might have been less than thrilled about 17-year-old Alexa's prolific use of Twitter.

"The 17-year-old posted check-ins complete with GPS info, statuses detailing her family's whereabouts (she posted an invitation to her high school graduation dinner complete with time, data and location according to Bloomberg Businessweek) and photos of her exploits on the family jet[.]"

Link: Nook Out Below: Barnes & Noble Drops Tablet Prices as Mini-Market Gets More Crowded

"With Amazon (AMZN) expected to refresh its Kindle Fire tablet some time in the third quarter, and Apple (AAPL) rumored to be prepping a diminutive iPad mini, and Google's (GOOG) Nexus 7 winning accolades in the market, Barnes & Noble (BKS) is taking some proactive measures to keep its own Nook tablets competitive. Its first move: Slashing the prices of its Nook Color and Nook Tablet.

"Beginning this week, the price of the eight gigabyte Nook Tablet drops to $179 from $199; the price of the 16GB Nook Tablet slips to $199 from $249. B&N has taken a scalpel to the Nook Color's price, as well, lowering it to $149 from $169."

Link: AMD Preparing Launch of A-Series Fusion 'Trinity' Desktop APUs: Report

"Rumors are circulating that AMD (AMD) is preparing to launch A-Series Fusion 'Trinity' accelerated processing units (APUs) for desktop systems.

"Japanese tech site Hermitage Akihabara, chips have already made their way to partners and systems featuring this silicon should be available from October 1, just in time for the holiday season.

"These processors follow-on from the A-Series Fusion mobile parts unveiled back in May and will require motherboards with the new Socket FM2 and will make use of AMD's new A85X chipset. These APUs, like their mobile predecessors, combine a CPU and GPU onto a single die and AMD hopes that they will put pressure on Intel's Ivy Bridge processors."

Link: Worldwide Cellphone Sales Fell 2.9% as Users Wait for iPhone 5, Says Gartner

"Consumer anticipation for the iPhone 5 is so high that it helped to slow global sales of mobile phones in the second quarter, according to the latest research from Gartner.

"Worldwide cellphone sales were 419 million for the quarter, down 2.3% from the same time last year, Gartner reports. In addition to the impending launch of the next iPhone, Gartner research analyst Anshul Gupta also points to major releases come from Chinese manufacturers later this year, as well as the slowing demand for feature phones, as reasons for the global sales drop."

Link: World's First Deep-Sea Mining Project Gets Green Light

"Humanity's never-ending search for resources has taken a dive - into the sea.

"Canadian company Nautilus Minerals (NUSMF) is embarking on the world's first commercial deep-sea mining project, called Solwara 1.

"The venture aims to extract gold and copper from the floor of the Bismarck Sea in Papua New Guinea. Last year, the local government granted Nautilus a mining lease for an 'initial 20-year term' to operate nearly a mile underwater."

Twitter: @ChrisWitrak
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