cnet

CNET founder's $22M mansion to get $15M makeover

Paul Boutin · 10/06/08 04:20PM

CNet founder Halsey Minor, whose 8020 Media isn't exactly repeating his success, has hired hotshot interior designer Michael S. Smith to redo his 8 bedroom, 7 bathroom, 17,895 square foot Presidio Heights place at 3800 Washington Street. Minor is still arguing with Sotheby's over $16.8 million in purchases he refuses to pay for. But he's moving forward with home remodeling, having told Portfolio that the place “needs a lot of work to go from this grandiose monstrosity to a real house.” After the jump, Google and MSN snoop shots.

Halsey Minor's endless complaints

Owen Thomas · 09/25/08 01:40PM

Multimillionaire CNET founder Halsey Minor is in the news again, for another spat over his expansive art collection. Portfolio explains that Minor got into an "angry email exchange" with famous artist Damien Hirst. There are now "gaping, fist-size holes in the plaster walls" of Minor's San Francisco offices, where Hirst's work used to hang. This comes as Sotheby's is suing Minor over a disputed art auction. After the article ran online, Minor left a rambling comment quibbling with details. But he never disputed the story's central question: Has Minor spent so impulsively and unwisely on art, real estate, new startups, and a new wife (Shannon, pictured with Minor, above), that he's running short on cash? He doesn't answer that. Instead, he declares himself "the baddest psycho in bass fishing." The comment seems as delusional as this moment he recounts in the story:CBS chairman Sumner Redstone walked past him at the Bel-Air Hotel, shortly after CBS bought CNET for $1.8 billion. Minor hasn't been at CNET since 2000, and wasn't involved in the sale. So why would he expect Redstone to recognize him? Nostalgia? Pity? Portfolio reports on Minor's many difficult relationships; he told the magazine that Gateway founder Ted Waitt, formerly an investor in one of Waitt's startups, is no longer a friend. Add to the list of those difficult relationships: Minor with facts. (Photo by Rob Howard/Portfolio)

CBS head honcho Les Moonves wants those newspaper ad dollars

Jackson West · 09/23/08 04:40PM

CBS CEO Les Moonves pontificated at the Mixx conference in New York today, saying that he loves the Internet, really. Departing from the party line of other networks, Moonves pointed out "The Internet is not cannabalistic; it is only additive," presumably referring to audience attention share between television and the Web. So how's CBS going to capitalize? The plan is go after what's left of the newspaper industries advertising with CNet and local affiliates. [MediaWeek] (Photo from Andrew Mager)

New CBS iPhone app uses hack for video

Jackson West · 09/23/08 09:20AM

CBS EyeMobile, the new iPhone application that will let you beam horrific images of disasters directly from the scene to the CBS News team. And it lets you upload video as well as photos. But only if you first hack your iPhone with Jailbreak and other software to enable video recording — thereby voiding your warranty. And new subsidiary CNet will be happy to show you how! [NewTeeVee]

Windows 7 will dump desktop apps for downloaded versions

Paul Boutin · 09/22/08 10:28PM

The next version of Windows after Vista won't include Windows Mail, Windows Photo Gallery, and Windows Movie Maker. Instead, Microsoft will offer the Windows Live versions of these apps as optional downloads. Brian Hall, the general manager for Windows Vista, told CNET late Monday that "Microsoft made the decision to remove the tools from Windows for several reasons, including a desire to issue new operating system releases more quickly. The move also removes the confusion of offering and supporting two different programs." It also puts Microsoft in more direct competition with popular cloud-based apps like Google Docs, Adobe Photoshop Express and Yahoo's Jumpcut movie editor. Don't get the idea that all Windows apps will be Web-based, though. You'll still have to pay for desktop versions of MS Office and Outlook, Redmond's real moneymakers.

CNET finds Natali Del Conte's cute-boy doppelganger

Paul Boutin · 09/10/08 02:00PM

Mark Licea was the substitute host for CNET's Loaded pop-tech show this week, while regular emcee Natali Del Conte took a vacation. If you've watched Del Conte at all, here's what's creepy: Licea has her mannerisms down pat. In response to viewer feedback, the pair produced this mock training film. But, Mark, the real trick to Being Natali is to deliver lines like "Verizon and AT&T launch mobile social networks for suckers" as if you're announcing good news.

Halsey Minor and the deal with his art

Owen Thomas · 09/08/08 03:40PM

Why has the stock price of Sotheby's, the art auction house, been down for six days running? One might speculate that it has to do with softening stock markets and home prices worldwide, which are testing the finances even of Sotheby's wealthy clients. If you ask Halsey Minor, the cofounder of CNET turned real-estate investor, it's because Sotheby's is suing him to collect on $16.8 million it says he owes for artworks he bid on at auction, including Edward Hicks's early 19th-century folk-art painting, "The Peaceable Kingdom." In an email conversation, he tells Valleywag, "You should note that Sotheby's stock price has fallen six days in a row. The market seems to be voting." More than that, Minor informs us, this dispute is "about the very nature of media and discourse and getting rid of the middleman." And here we thought it was about a rich guy buying a painting. But perhaps he's right. Minor's emails, middleman removed, make for a better tale than we could ever tell:First, Minor disputes the contention that he advised CNET employees to hold onto their shares when he stepped down as CEO of the Web-content company in 2000:

Can CNET Possibly Become Cool?

Hamilton Nolan · 09/08/08 12:09PM

CBS bought CNET, the tech-focused online conglomerate, for $1.8 billion earlier this year. Which prompted the general reaction "Really, that much?" And also, "Isn't this two fundamentally boring brands combining to form a larger, still boring brand?" Well one brave man says no, it's much more promising than that: CBS CEO Les Moonves, who engineered the deal! But is he right? It's hard to see why he would be: Moonves is counting on CNET to raise CBS' revenue by two points within three years, which would mean that its online growth would have to offset the "flattening out" of CBS' own TV and radio ad revenue. But CNET is basically a tech news brand, and a pretty unexciting one. CBS is a general interest brand, and an unexciting one. So why try to make CNET another unexciting, general-interest brand?

Fibbing CNET founder in $16.8 million art lawsuit

Owen Thomas · 09/05/08 03:00PM

Sotheby's, the auction house, is suing CNET founder Halsey Minor for $16.8 million it claims he owes for artwork he bought in a May auction. Minor says Sotheby's misled him. Sotheby's says Minor told it he couldn't come up with the cash because he was owed money by others. Oh, and CBS bought CNET for $1.8 billion earlier this year. So CNET founder Halsey Minor ought to be rolling in the dough, right? No. And therein lies a twisted tale that ties up a heralded artwork, Edward Hicks's "Peaceable Kingdom," with Minor's dotcom-era fibs."They have a massive failure to disclose,'' Minor told Bloomberg. "They have an economic interest to misrepresent the facts." Minor plans to countersue. Longtime CNET employees might say the same about Minor. In March 2000, when he stepped down as CEO right before the Nasdaq peaked, he said, "As a large shareholder, I would not have made this move unless I thought I would generate more value to shareholders this way." Inside the company, he encouraged employees to hold onto their shares, too. It was technically true that Minor remained a large shareholder. But through a financial maneuver known as a collar, he guaranteed that his shares would hold their value, even if the stock price dropped. The CNET employees he encouraged to stay and hold onto their shares had no such protection. It was a massive failure to disclose. He had an economic interest to misrepresent the facts. The curious thing: Having protected his CNET fortune eight years ago, why did Minor claim he didn't have the money to pay for the art he purchased? He's spending heavily on real estate, including a $15.3 million, 476-acre estate in Williamsburg, Va., and Florida's Hialeah Park racetrack. Could Minor's investments have gone so sour that he's been caught in a cash crunch? If so, forgive CNET employees who saw their options sink underwater, on Minor's advice, a moment of schadenfreude.

CBS overhauls CNET site — again

Paul Boutin · 08/28/08 12:20PM

CNET overhauled its site right before agreeing to be acquired by CBS in May. Now, CBS has another redesign ready to launch this week. You can probably guess: More video, more product placements. Here's the deets:

Transgender journalist caught in Wikipedia edit war

Jackson West · 08/22/08 12:20PM

Ina Fried, the veteran technology reporter and a regular source of good Microsoft dish, is very open about her status as a transgender woman — her CNET blog is titled "Beyond Binary." She knows she's female. But some users of Wikipedia, the online encyclopedia any bigot can edit, aren't convinced. An anonymous Wikipedia user in Knoxville, Tenn. however, refuses to accept hers as the last word on the subject, and has been changing pronouns from "she" to "he" on Fried's listing with repeated edits in the last six weeks. The justification offered:

L.A. quake catches Twitter user in ladyparts exam

Owen Thomas · 07/29/08 04:40PM

An earthquake is just an earthquake. But the tech press corps is desperate to make a commonplace natural event, like today's shaking down in Los Angeles, into a story about their favorite companies. Take Twitter user MissRFTC, who was in mid-pelvic exam when the earthquake struck, and announced this to the world. An hour later, MissRFTC was on the phone with "a senior writer from CNET." (Our first guess was Daniel Terdiman, a CNET reporter who often writes about the Internet's quirky culture, but it turns out it was the utterly straitlaced Dawn Kawamoto, better known for hardnosed reporting on Hewlett-Packard board scandals that led the computer company to sic investigators on her.) We're not sure who worries us more: The compulsive oversharer who felt obliged to Twitter about her 15 minutes in the stirrups of fame, or the reporter who thought this might be a story. But mostly, we're jealous we didn't pick up the phone first.

Ousted CNET editor and CEO return for vengeance

Paul Boutin · 07/28/08 02:00PM

GiantBomb is a new gamer blog edited by Jeff Gerstmann, the CNET GameSpot editor fired last November over his negative — or "unprofessional," if you want the official version — reviews of an advertiser's game. GiantBomb is part of WhiskyMedia, a small startup run by Shelby Bonnie, who himself was forced out as CNET's CEO two years ago, after an investigation fingered him in a stock-options backdating scandal. Bonnie told Bits that he's not out to build another CNET: “Our goal is we want to remain less than 10 people." Valleywag's publisher used to talk like that, too.

"I think you know what the problem is just as well as I do."

Jackson West · 07/01/08 06:00PM

With the takeover of CNET by CBS Interactive complete, the parent company's signature logo in the subsidiary's signature orange watches over employees at the San Francisco office. Have a better caption? The best one will become the new headline. Friday's winner: "It isn't broken, it's reorged." by sarahfu67.

CNET legal objection might reveal Mark Zuckerberg's private IM transcripts

Jackson West · 07/01/08 04:40PM

The legal case opened by ConnectU founders Cameron Winklevoss, Tyler Winklevoss and Divya Narendra against Facebook CEO Mark Zuckerberg is closed, but the courtroom drama continues. CNET has filed an objection to San Jose District Court Judge James Ware's decision to close the courtroom and put all the evidence under seal. What's in those documents that might be so interesting? Facebook's internal valuations, for starters. But most intriguing are the purported instant message conversations that the plaintiffs were led to believe provided proof that Zuckerberg is a little thief. (Photo by AP)

Natali Del Conte the adorable face of CBS-CNET synergy

Jackson West · 07/01/08 02:40PM

Never mind corporate meatballs like Neil Ashe and Quincy Smith — how's perky CNET correspondent Natali Del Conte faring in the wake of CBS Interactive's acquisition? Well! In an appearance on today's Early Show with Harry Smith, she sported a new 'do and explained the intricacies of different hands-free options for California drivers now banned from holding a cell phone to their ears. The best part is watching Smith stumble a bit trying to understand Bluetooth, pick himself back up by casually noting his experience as a helicopter passenger, then stumbling again over "those map things" before telling viewers to visit earlyshow.cbs.com — which is not a valid URL. Which makes us think that maybe Del Conte would make a better host than the guy who made his name doing standups for A&E Biography. Harry may be a perfect stand-in for the confused-old-man audience CBS currently has. But Natali represents the future audience CBS hoped it was buying.

Internal management org chart for CBS and CNET

Jackson West · 06/30/08 04:20PM

Quincy Smith will serve as CEO and Neil Ashe will serve as president at CBS Interactive in the wake of the now-completed acquisition of CNET by CBS. And those are just the juicy meatballs atop a tangled mess of management noodles after executives from the two companies were tossed in the pot. News.com editor Dan Farber, however, didn't even make the menu, notes presumptive CNET killer Michael Arrington, who presents the internal memos emailed to CBS and CNET employees. Farber might have been prescient in posting a photo of early CNETeer Ryan Seacrest to his preview of the Web site's new redesign — the CBS News demographic is older than the silver-maned Farber, and CBS head honcho Les Moonves played up sports and entertainment ahead of news at the new company.

CNET Writer's Cozy Sourcing

Ryan Tate · 06/26/08 11:21PM

CNET News.com writer Caroline McCarthy published a nice scoop today on how social networking site I'm In Like With You raised $1.5 million from venture funding firm Spark Capital. Silicon Alley Insider has been chasing the story for weeks! How did McCarthy pull the exclusive out from under their nose? Who's to say! But, um, it's probably worth noting that McCarthy is dating David Karp, founder of blog network Tumblr and an intimate, bed-cuddling, entire-body-carrying friend of I'm In Like With You founder Charles Forman. Karp's company also shares Spark Capital as a venture funding backer. So, basically, McCarthy had sources close to her boyfriend to draw on. (Pictured, the happy threesome of Forman, Karp and McCarthy, as photographed by Richard Blakeley.) Should McCarthy's CNET blog post have carried a disclaimer? She doesn't think so:

"FUCK IT, WE'LL DO IT LIVE! THIS THING SUCKS!"

Jackson West · 06/19/08 06:00PM

A reader who watched a recent episode of Cranky Geeks thought the ring on Natali Del Conte's finger meant she got hitched. An instant message to the perky, petite host of CNET TV's Loaded, shown here preparing for a show, confirmed what we already knew, since the ring is on the right hand, not the left. Can you suggest a better headline? Do so in the comments. The best one will become the new headline. Yesterday's winner: "How can I insult this guy's architecture in 140 characters or less?" by oaktowner. (Photo by Andrew Mager)