TechCrunch Disrupt New York May 21-23 -- Get Tickets Now!

posted 3 mins ago

The Art Of Expression: T-Shirts Of The Disrupt NYC 2012 Hackathon

tshirts-21

Hackers aren’t necessarily known for their fashion sense. Most of the time, a t-shirt and jeans is as far as it goes. But there are certain circumstances in which it’s clear that hackers pay a little extra attention after rolling out of bed in the morning. The TechCrunch Disrupt Hackathon is one of those instances, but that doesn’t mean that the go-to jeans and T have been abandoned.

Even better, our hackers are choosing to express themselves through the t-shirts themselves, and I have to say that they’re some of the coolest I’ve seen. Last year in San Francisco, most of our hackers had something on their head, whether it was a baseball cap, headphones, an Ushanka, or even a shower cap.

This year, it’s all about the classic T, but with a coder’s spin.

Without further ado, these are the most badass t-shirts of the TC Disrupt NYC Hackathon: → Read More

posted 1 hour ago

The Four Most Underhyped Trends In Social TV

Screen Shot 2012-05-19 at 4.58.45 PM

Last time I took a look at the most over-hyped topics of the Future of TV, and I thought a great follow-up would be to look at the reverse case. After all, it’s easy to sit there and critique, but what about the positive side, where’s the action happening but not being talked about as much as it could be?  Here are four things going on in the TV industry that definitely don’t get enough respect… → Read More

Sponsored Ads

posted 3 hours ago

China Finally OKs Google’s Acquisition Of Motorola Mobility

google-china

It’s been just over nine months since Google announced their intentions to acquire hardware manufacturer Motorola Mobility for $12.5 billion, and now it seems that the final pieces of the deal have fallen into place.

According to a new report from the Associated Press, Chinese officials have finally given the Google-Motorola deal their blessing.
→ Read More

posted 5 hours ago

The Disrupt 2012 NYC Hackathon Is Officially On!

The anticipation is palpable.

Hundreds of hackers have congregated outside Manhattan’s Pier 94, planning, strategizing, and praying to baby Jesus that their fates will be similar to those of Group.me and Docracy. We’ve seen plenty of Hackathon winners go on to do incredible things, make millions of dollars, and rise to startup stardom levels, but the journey isn’t a simple one.

Let me paint a little word picture of what this is sure to look like: → Read More

posted 6 hours ago

Gillmor Gang: Don’t Click Here

The Gillmor Gang — Robert Scoble, John Taschek, Gabe Rivera, Kevin Marks, and Steve Gillmor — play toe jam football in the shadow of the Facebook IPO. Try as we might, we can’t shake the weight of Facebook’s dominance of Techmeme and maybe the fate of the global economy. Greece, move over. @gaberivera joins near the 30 minute mark.

@scobleizer tries a reverse Statue of Liberty play around the forthcoming Samsung phone and the threat to Apple (nonexistent) but our hearts aren’t in it. I fail in a weak attempt to roll up everything under push notification. Face it: our hopes and dreams are now tied to our jobs as feeders of the Facebook Empire Please Twitter. Save us. → Read More

posted 6 hours ago

The Free Ride Is Over For Streaming Video

free sign

Comcast’s plans to do away with its 250 GB data cap and charge users based upon usage marks the end of an era for cable TV providers, and for the online video industry. No longer will users be able to endlessly stream all the content their hearts desire. Not just that, but the fact that usage-based pricing is arriving at the same time that more, higher-quality content is appearing online could have a dampening effect on demand for services like Netflix or Hulu Plus.

Comcast, of course, says that its new, usage-based pricing policy is pro-consumer, and to a certain extent it is. The average broadband subscriber — those who only use up about 8 GB or 10 GB of data a month — shouldn’t necessarily pay the same as those whose usage goes above 300 GB in the same period of time.

But for those of us who are avid streaming video users, usage-based pricing models could change the overall value proposition of watching video on the Internet. → Read More

posted 6 hours ago

Kickstarter: Meet CordLite, The Light-Up iPhone Cable For Night Owls

cordlite

My set ritual before going to bed each night is as follows — turn out the lights, plug in my iPhone, take off my glasses and attempt vainly to nod off. Step two in that process can be a bit of a crapshoot in the dark, but the folks at Scrap Pile Labs have recently kicked off a new Kickstarter campaign for a product called the CordLite that just may come in handy.

As the name sort of implies, the CordLite is a dock connector cable for iDevices that, well, lights up thanks to a pair of forward-facing LEDs. It’s a very simple concept, but the thoughtful execution is what make this project worth keeping an eye on. → Read More

Sponsored Ads

posted 9 hours ago

Marketing Lessons Startups Need to Learn from Google’s Project Glass Concept Video

image00

You may have seen it by now…Google’s concept video about its new Project Glass. These glasses will do what your smart phone will do only without having to hold anything…you actually see your options at the side of your view.

You can get directions, send and receive texts, make calls, schedule tasks and even share your view with another person.

It’s a really exciting idea…especially if you love technology. But the actual product is easily years out from becoming a reality.

Was Google wise to release an idea so early? And should startups do the same? → Read More

posted 9 hours ago

Newspaper Attacks UK Government For Its ‘Closeness’ To Google

Screen Shot 2012-05-19 at 14.25.54

UK tabloid newspaper The Daily Mail, has decided to raise the issue of Google’s influence on the UK government, after uncovering the fact that Conservative Party ministers have held meetings with Google an average of once a month since the General Election two years ago. There have been 23 meetings between Tory ministers and Google since June 2010, with Prime Minister David Cameron meeting Google three times and George Osborne – who as Chancellor of the Exchequer is supposed to meet with business leaders – four times in two years.

The story needs to be a seen in a wider context. The Conservatives have recently come under fire for having too close a relationship to another powerful entity, News Corporation (as did the Labour party during its tenure). A huge inquiry into Press standards has in large part focused on the ties between Rupert Murdoch’s media giant and the Conservatives.

But what the report buries way down in the article, is the number of times the newspaper itself has met with the Government. A Google spokesperson told us: “It’s absolutely right that governments speak with companies about issues that affect their citizens. The British Government makes the list of those meetings publicly available – including the Daily Mail’s 34 meetings over the same period.” In other words, the Daily Mail has met with the Government almost one and a half times a month (on average) since they entered office – that’s quite a bit more than Google has. It’s likely those were high-level meetings, not editorial ones. → Read More

posted 10 hours ago

SpaceX’s Historic Launch Aborted Less Than A Second Prior To Launch

space x

“Entering terminal count autosequence. 60 seconds to engine fire. #DragonLaunch,” tweeted Elon Musk as his space company was less than a minute away from it’s historic flight. But the launch didn’t happen. Nothing happened as longtime NASA commentator George Diller counted down the seconds, “3..2..1……We’ve had a cutoff. Liftoff did not occur.” Musk tweeted 11 minutes later at 5:06am EDT, “Launch aborted: slightly high combustion chamber pressure on engine 5. Will adjust limits for countdown in a few days.” → Read More

posted 14 hours ago

Hyperlinks Are Dumb And Bleeding Money; How To Ensure Yours Aren’t

601px-WWW_logo_by_Robert_Cailliau

When an email hits our inbox, we know not only who it’s from but their entire web imprint. LinkedIn can point out the profile of the woman you interviewed for a sales role last week and the gentleman you spoke with earlier in the year at a conference.

And rest assured that the dining room set you checked out over the weekend at CrateAndBarrel.com will haunt your online experience for the forseeable future.

Data — its collection and manipulation at scale — has revolutionized how we interact online. Homepages, banner advertisements and what we see in our Facebook timeline are all tailored-to-fit the reader, and we don’t give it a second thought.

But the hyperlink, the key feature that distinguishes hypertext from text has remained largely unchanged since Sir Tim Berners-Lee invented the web. → Read More

posted yesterday

Personalization Is Not A Feature

Screen Shot 2012-05-18 at 9.29.46 PM

We’ve all watched from the sidelines as companies have come out in a burst of glory, and then, two years later, spent their venture capital, lost their user base, and failed to monetize. This begs the question – what are the factors that drive a company’s survival, differentiate it, and ultimately make it a winner? In today’s online world, personalization is increasingly making or breaking companies. The companies that win are the ones making personalization a key company value – not just a feature.

In the early days of the web, consumers were happy just to gain access to information. However, as technology became more sophisticated, and as more consumers and companies came online, we quickly moved out of the access age and into a state of information overload, often leaving consumers frustrated and confused. Companies that helped consumers cut through the clutter to reveal relevant information had a critical and sustainable competitive advantage in their respective areas. The concept of relevance is critical to the success of Google, for example. → Read More

posted yesterday

Real Tech Alert: Elon Musk’s SpaceX Falcon 9 Ready For Takeoff To International Space Station

Screen Shot 2012-05-19 at 1.21.05 AM

SpaceX, the private space exploration company founded by PalPal and Tesla Motors co-founder Elon Musk, is ready to boldly go where no private company has legitimately attempted to go before: The International Space Station. (Live video of the rocket at Cape Canaveral in Florida is embedded above.) → Read More

posted yesterday

ClarityRay Battles Ad Blockers With $500K In Funding

ClarityRay-White500

Some of you are probably reading this post with ad blocker right now — and to be honest, I don’t blame you. Sure, there’s the occasional amusing or genuinely useful ad, but not terribly often, so why not install a plugin and avoid the whole mess? Of course, those ads make money, so if ad blockers become widespread enough, it could be a real problem for online publishers (who have enough problems already).

Israeli startup ClarityRay says it’s not something looming in the misty future — it’s happening now, and it’s only going to get worse. → Read More

posted yesterday

Study: Twitter Sentiment Mirrored Facebook’s Stock Price Today

datasift_suitcase

Facebook’s IPO was obviously the single most discussed topic on Twitter today. The good folks over at social media data platform DataSift monitored what Twitter users were saying about the IPO throughout the day and came up with some interesting conclusions. Turns out, the ups and downs of how Twitter’s users felt about the stock pretty much mirrored the price of Facebook’s stock as the day progressed. → Read More

posted yesterday

Facebook Reveals How Much Stock Each Bank Got, Morgan Stanley Nabbed $6 Billion Worth

Banks Of Facebook

Just after the markets closed on its first day of public trading, Facebook amended its S-1 with a complete prospectus detailing how much stock each underwriter got to sell. Morgan Stanley, the lead-left bank, received 162.1 million shares ($6.15 billion worth) followed by J.P. Morgan with 84.8 million ($3.22 billion), and Goldman Sachs pulled down 63.1 million shares ($2.4 billion). → Read More

posted yesterday

David Kirkpatrick On What The ‘Facebook Effect’ Could Be Post-IPO [TCTV]

Mark Zuckerberg’s remote ringing of the opening bell and Facebook’s initial stock trades were a bit anti-climactic in person at the NASDAQ Marketsite in New York City, as we’ve written — NASDAQ is a digital exchange after all, so there’s not too much to see visually.

But being there was still a great opportunity to talk all things Facebook with David Kirkpatrick, the NYC-based founder of Techonomy, Fortune Magazine alum, and bestselling author of the book “The Facebook Effect — The Inside Story Of The Company That Is Connecting The World.” So we were happy to have Kirkpatrick join TechCrunch TV for an interview on the floor of the NASDAQ Marketsite. → Read More

posted yesterday

GameStop To Sell SIM Cards

Screen Shot 2012-05-18 at 5.20.40 PM

GameStop is hurting. Same store sales fell 5%-11% and revenue was down 17% to $2 billion. Profit fell to $72.5 million. Arguably, those are still huge numbers and presumably a new console refresh should push the company out of the doldrums. But what the company has just launched – a new MVNO called GameStop Mobile – is almost inexplicable.

GameStop Mobile is, in short, an unlimited data and voice offering for $55 a month (down to $20 a month for pay-as-you-go plans.) Gamestop is just selling SIM cards and service and is running on AT&T’s network with some notable dead spots.
→ Read More

posted yesterday

Facebook’s Acquisition of Karma Brings Mobile Commerce, App Monetization Prowess

Facebook Karma

Facebook has just acquired mobile commerce startup Karma, which makes apps for gifting friends and family. The terms of the deal are undisclosed but 16 employees of the startup will be joining Facebook. The purchase will help Facebook build up monetization prowess on mobile platforms — an area it’s admittedly weak in. The price was not disclosed.

With the deal, Facebook gets two extremely experienced leaders in building and monetizing mobile apps. Karma’s chief executive Lee Linden and its co-founder Ben Lewis were behind Tapjoy, a company that became a huge force in distributing and making money from mobile games. Both he and Lewis were product managers at Google and Microsoft. Linden and Lewis have known each other since they were kids and have been building companies together for a couple years. → Read More

posted yesterday

Bankers Got Too Aggressive With Pricing Facebook As They Struggled To Keep Shares Above $38

Facebook Closing Share Price

The underwriters of Facebook’s $16 billion debut on NASDAQ fought to the finish to keep the company’s shares above last night’s final price of $38 a share. Shares closed at $38.23 today. Sources tell us that the syndicate of banks underwriting the deal have been putting in buy orders to keep its price afloat. For Facebook itself, it’s actually a great outcome as the company didn’t leave any money on the table. But bankers on the wealth-management side of the underwriters are sure to be unhappy. Plus, the company’s tepid premiere is killing the performance of tech stocks across the board.

Basically, what we hear is that the underwriters including Morgan Stanley, JPMorgan and Goldman Sachs, got too pushy in the final days before the IPO about pricing. Earlier this month, the company was slated to open at a $28 to 35 price range, but that range was pushed up to $34 to 38 a share. Then Facebook priced at the very high end at $38 last night.

“The only thing keeping it at $38 are support mechanisms,” a source tells us. “There just wasn’t the institutional investor demand that people thought there would be.” They added that about 20 percent of buying orders seem to be coming from retail investors (e.g. regular people), which is “unprecedented.” → Read More

Sponsored Ads

Upcoming Events

Real-Time
Crunchbase

Accelerated Orthopedic Technologies — Received $150k in Seed funding from Elm Street Ventures
5.18.2012
Canvas8 — Company added to CrunchBase
5.19.2012
Compliance11 — Acquired by Compliance11, Inc..
11.15.2012
Facebook — Went public with stock symbol NASDAQ:FB.
5.18.2012
Compliance11 — Acquired by Compliance11, Inc..
11.15.2012
ShareFeed — Acquired by Buffer.
5.17.2012
Certiport — Acquired by Pearson for $140M.
5.16.2012
5.16.2012
5.16.2012
Accelerated Orthopedic Technologies — Received $150k in Seed funding from Elm Street Ventures
5.18.2012
Equivalent DATA — Received Unattributed funding from Trinity Hunt Partners
5.18.2012
Ticket Evolution — Received $3.5M in Series A funding from Raptor Ventures and Dace Ventures
5.18.2012
StreamBase Systems — Received $1.5M in Debt funding from Horizon Technology Finance Management LLC
5.18.2012
Quipper — Received £2.3M in Series A funding from Globis Capital Partners and Atomico
5.18.2012
5.18.2012
5.18.2012
Dace Ventures — Invested in Ticket Evolution.
5.18.2012
Facebook — Went public with stock symbol NASDAQ:FB.
5.18.2012
Canvas8 — Company added to CrunchBase
5.19.2012
SocialDefender — Company added to CrunchBase
5.19.2012
ICOMP — Company added to CrunchBase
5.19.2012
Exchangery — Company added to CrunchBase
5.19.2012
CookItFor.Us — Company added to CrunchBase
5.19.2012
BNDWGN — Product added to CrunchBase
5.18.2012
CrunchBase