Wednesday, May 26, 2010
Mike Bloomberg is an iPad Fiend! But Says Technology is a Distraction for Publishing Industry
“I even posted a personal on Craigslist,” he said. “Wanted: Cleveland basketball star to save basketball in the Big Apple.”
Mr. Bloomberg was showing off his tech savvy at TechCrunch's Disrupt conference where he was announcing the recipient of the city's tech start-up seed money. The money went to My City Way, a company that develops apps to help people find restrooms and other things to do in New York on their mobile devices, according to The New York Times.
Mr. Bloomberg, who owns a magazine himself, also took some time to explain what he sees as the challenges facing the publishing industry. Magazines that are in trouble, he said, have failed to remain "germane to people’s lives.”
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