March 28th, 2009

Wrist cuff doubles as coffee sleeve

I looove your fashionable wrist cuff! Thanks, it doubles as a coffee sleeve! Wow, that’s incredibly weird! Thanks, I know!

If you really love coffee and you really love the environment (though not enough to bring your own mug to Starbucks) might I suggest this handmade $65 black walnut veneer wrist cuff that serves double duty as hand-protecting coffee sleeve? → Read More

March 28th, 2009

Buy two get one free Wii games at Target

Starting tomorrow, Target will be running a buy-two-get-one-free deal on all regularly priced Wii games. → Read More

March 28th, 2009

Steel Cage Debate On The Future Of Online Advertising: Danny Sullivan Vs. Eric Clemons

Editor’s note: Last Sunday, we published a guest post by Wharton Professor Eric Clemons on “Why Advertising Is Failing On The Internet.” The post questioned a basic assumption that many of us in the tech industry hold near and dear. It sparked a blogstorm and 600-plus comments, most of them filled with rage. Even Danny Sullivan, the normally unperturbable editor-in-chief of SearchEngineLand, couldn’t believe that Clemons could be serious, and let loose in his own post. He even offered for us to republish it here (and he wasn’t the only one champing at the bit to write a response).

Instead, we invited Sullivan to present a more concise counter-argument, absent some of the raw emotion that fueled his initial response. It is presented below, followed by a rebuttal from Clemons, and then another round. We instructed both to fight clean, but fight hard. In his rebuttal, Clemons offers this startling long bet: “In five years revenues from internet advertising will constitute less than 20% of internet business revenues, excluding revenues from the sale of physical goods. Winner buys the loser lunch and gets to gloat.” Danny counters with his own wager. These two can’t even agree on what to bet on. → Read More

March 28th, 2009

CrunchDeals: 26-inch monitor for $229 (today only)

Here’s a magnificent one-day-only deal on a 26-inch Westinghouse monitor. PC Connection is selling the L2610NW-SP for just $229.95 — that’s a lot of monitor for under $250. Specs include a 1920×1200 resolution, 2ms response time, 3000:1 contrast ratio, 350cd/m2 brightness, and there’s HDMI and VGA inputs. Westinghouse 26-inch L2610NW-SP Widescreen LCD Monitor [PC Connection via dealnews] → Read More

March 28th, 2009

Updated: TechCrunch Europe meetups – Saturday and Monday in SF

UPDATE: Please join us tonight for the TechCrunch Europe meetup: an open invite, pre-dinner networking event for 20 UK and Irish startups (WebMission), plus any other European startups in Silicon Valley and any US tech companies or bloggers/media who want to meet us and connect with TechCrunch Europe. It’s on tonight (Monday) from 7pm onwards at the 21st Amendment Brewery. The venue also serves food. It’s right near to South Park, the city’s hub of Internet companies (and near Cal train and the ramp onto 280 for South Bay). Your first drink is kindly sponsored by: BookingBug.com [CrunchBase], an embeddable, hosted, booking and reservation system for small businesses. And ProofHQ [CrunchBase], a web application that streamlines how designers manage review, proofing and approval of designs, artwork, documents and images. Date: Monday March 30 Time: 7pm onwards 21st Amendment Brewery *Mezzanine Level* 563 2nd St (between Brannan St & De Boom St) SOMA San Francisco, CA 94107 www.21st-amendment.com Yelp review Virtual Tour Google Map Orginal post: Everyone knows there are plenty of Europeans already in Silicon Valley, but Web 2.0 Expo San Francicisco provides a reasonable opportunity for those of us on the other side of the pond to invade en masse. Which is why TechCrunch Europe is organising a couple of meetups as part of our particular invasion. How about that – a TechCrunch invasion from a different continent. The first involves a bunch of British and Irish firms on a co-ordinated attack on the Valley. WebMission09 involves 20 companies rattling around the Valley meeting investors and making contacts. TechCrunch Europe is co-hosting them tonight (Saturday) for the WebMission09 Cocktails @ Ozumo bar, adjacent to the Harbor Court Hotel in downtown SF. Come on over if you are free. And on Monday night it’s an ad-hoc meetup in downtown SF just prior to Web2Expo. Logistics-wise we don’t have a venue for the meetup right now, but it’s likely to be within striking distance of the Galleria Park Hotel on Sutter Street. Sponsors of the bar are very welcome! To get an update on the venue for Monday, leave a comment on this post or follow Mike Butcher, TechCrunch Europe editor on Twitter, or follow the official WebMission09 hashtag of wm09 – you’ll find us. But the Brits and Irish aren’t the only ones invading. The French are organising their own Revolution on Thursday night. Loic Le Meur will be pleased. → Read More

March 28th, 2009

Risk Aversion And The Perils Of Selling Too Early (Israeli Startups, Part II)

Right now I’m at an un-conference called KinnerNet. It’s hosted by famed Israel entrepreneur Yossi Vardi and set near the Sea of Galilee. Funny thing: There are a few hundred entrepreneurs here, mostly Israeli. And only one has said something negative to me about my post earlier this week about the poor venture returns for Israeli startups that incited such passionate feelings everywhere else in the world.

No one is arguing that the returns have been good for Israeli companies in the last eight years. But there are some legitimate questions about how Dow Jones (whose numbers I used) slices its data and how the numbers could be quite so low. Since 2001, according to Dow Jones, $10 billion in venture investments have yielded only $860 million in IPO and M&A exits. The study of venture economics is at best imperfect, so it’s quite likely there are several big Israeli exits the numbers are missing. It’s like measuring Web traffic. Most Internet companies will tell you their traffic logs report higher numbers than measurement agencies like Hitwise or comScore.

But the Dow Jones numbers aren’t likely to be off by, say, a factor of 50 or 100. And since the same sources—usually venture firms—give firms like Dow Jones the investment data and the liquidity data, the relationship between the money going in and the money going out is pretty reliable, even if the absolute numbers are not. Put another way, if Dow Jones is missing some exits, they’re likely also missing some investments going into the country. In any case, the returns are down dramatically from the 1990s—period. Be mad at me all you want; those are still the numbers.

The more interesting question—and I think what’s creating such passion around the topic—is why the numbers are down? We’re actually going to do a session on this tomorrow at KinnerNet. It’s also the one question I’ve been asking Israelis pretty much non-stop for the week I’ve been in the country. Two interesting cultural answers have emerged that I wouldn’t have imagined. Both have to do with a phenomenon that’s hurt venture returns in the United States too: Entrepreneurs selling companies too early. → Read More

March 28th, 2009

InternSHARE Blends Internship Postings With Ratings

internSHARE is an all-in-one internship job and review portal where students can not only find a internship but also access the reviews of internships at companies, submitted by former interns. Internships can often be a hit or miss in terms of experience. Some companies merely make interns fetch coffee and make copies while others let interns step into the roll of a full-time junior employees. Regardless of how a company decides to handle its interns, it’s always helpful to know exactly what your role will be prior to the internship.

The site’s reviews seem fairly comprehensive, offering overviews (provided by Wikipedia) and reviews of a range of companies including Research in Motion, IBM, and Amazon.com. The site also has a feature where existing interns can post descriptions about the interview process and give prospective interns tips about the interviews. Another cool feature is the ability to use Facebook Connect to integrate Facebook friends and features into internSHARE. → Read More

March 28th, 2009

Dell Belatedly Buys Adamo.com Domain For Its Hot Notebook

Last week, a blog post hit Techmeme detailing how Dell had screwed up by not securing Adamo.com for its ultra-thin notebook, which CrunchGear’s John Biggs spotted at SXSW a day before its official release on March 17.

It’s not like they tried: the former owner of the domain name, Tucows subsidiary YummyNames has no record of ever even being approached for a sale or lease of the internet address. Dell claims they had a broker contact the firm anonymously, who was quickly convinced the price would be too high (yet YummyNames leases domains from $750 per month).

The computer manufacterer instead went with AdamoByDell.com but belatedly realized it wouldn’t be such a terrible idea to own or at least use Adamo.com too. → Read More

March 28th, 2009

TechCrunch Europe meetups – Saturday and Monday in San Fran

Everyone knows there are plenty of Europeans already in Silicon Valley, but Web 2.0 Expo San Francicisco provides a reasonable opportunity for those of us on the other side of the pond to invade en masse. Which is why TechCrunch Europe is organising a couple of meetups as part of our particular invasion. How about that – a TechCrunch invasion from a different continent.

The first involves a bunch of British and Irish firms on a co-ordinated attack on the Valley. WebMission09 involves 20 companies rattling around the Valley meeting investors and making contacts. TechCrunch Europe is co-hosting them tonight (Saturday) for the WebMission09 Cocktails @ Ozumo bar, adjacent to the Harbor Court Hotel in downtown SF.

And on Monday night it’s an ad-hoc meetup in downtown SF just prior to Web2Expo. Logistics-wise we don’t have a venue for the meetup right now right now but it’s likely to be within striking distance of the Galleria Park Hotel on Sutter St. Sponsors of the bar are very welcome! To get an update on the venue for Monday, leave a comment on this post or follow Mike Butcher, TechCrunch Europe editor on Twitter, or follow the official WebMission09 hashtag of wm09 – you’ll find us. → Read More

March 27th, 2009

Rhythm Heaven contest: a winner is you?

The Rhythm Heaven contest is over! By playing both the kid card and the economy card, Kenneth has demonstrated that he is lacking moral rhythm, perhaps the most important rhythm of all.

“I want this game because winning it is probaly the only way my daughter may ever get it in these trying times for now maybe a little bit of rhythm is what might get us through the next day.”

Yikes! → Read More

March 27th, 2009

I'll take a persistent BIOS infection with extra rootkit, please

If you or a friend’s computer has been infected with some nastyware or a real bona-fide virus, the last resort is always to do a complete format and reinstall. It’s the computer repair equivalent of nuking the site from orbit — it’s the only way to be sure. However, in computers as in Aliens, you may find your opponent is more tenacious then you think. In this case, some security professionals have created a virus that makes its home on your motherboard’s BIOS. I call it the “Chestburster” virus, but I think they came up with something else. → Read More

March 27th, 2009

Does Hunch Have All The Answers? We Take Flickr Founder's New Startup For A Spin

Earlier today Flickr co-founder Caterina Fake announced the release of her latest startup, Hunch, in private beta. The site revolves around helping users make decisions spanning a wide array of topics. To help users make their decisions, Hunch presents them with a brief series of questions that have been submitted by other members, using their responses to help them make their ultimate decision. It’s a great idea that combines the crowd-sourced nature of Wikipedia with services like Yahoo Answers. But does it work? We’ve managed to get our hands on an invite to the service, and have put it to the test.

From the start, it is clear that the site is very clean and unintimidating despite an already-large amount of data. Users are presented with a handful of featured topics on the homepage, most of which have been ‘played’ through many times before so they have complete sets of questions and answers. To the right of the page is a widget enticing users to anwer questions about themselves, which helps the system make more accurate judgements (the placement of the widget is clever – users are constantly invited to participate but aren’t forced to toil through a lengthy initial signup to ‘teach’ the system). And the questions used to analyze users are actually pretty fun (I was asked goofy questions such as “Do you believe in alien abductions” along with more conventional questions like “Where do you live”). → Read More

March 27th, 2009

Is Facebook Purposefully Lowballing Its Official User Numbers?

Facebook updates its official user numbers periodically on a statistics page that currently says 175 million users. They say that they update it every 25 million users, but many of us have long suspected that they may trail by much more than that.

So how many users does Facebook really have? Check out this video (which we’ve clipped below), where Facebook developer Wei Zhu seems unsure how many users they’re allowed to say they have, until someone official steps in and corrects him with “200 million.”

Zhu says Facebook has “250 or 60 million users,” then says “280.” At that point someone off frame says “200″ in an official voice, which Zhu then sticks to. But he doesn’t look like he’s happy about it.

Comscore, which if anything tends to under report user numbers for most sites, says that Facebook had 276 million monthly visitors in February. Active users and monthly visitors aren’t the same thing, but they’re close, and with a closed site like Facebook, they should be very close.

If Facebook has far more than 175 (or 200) million users, why aren’t they proudly announcing it? Perhaps because of all of the speculation on Facebook’s absurd growth over the last year. Specifically, all that growth is leading to outside analysis of Facebook’s costs, and when they might need more money. → Read More

March 27th, 2009

Breaking: Former AOL Chief Jonathan Miller To Become News Corp.'s CEO Digital Media

Jonathan Miller, the former CEO of AOL, is taking over the digital assets of News Corp., we’ve confirmed – his new title will be CEO of Digital Media. This will include Fox Interactive Media and other duties. Peter Levinsohn, the current president of Fox Interactive, will be leaving his current position but will remain at News Corp.

This is more than a little ironic. Miller currently works with Ross Levinsohn at Velocity Interactive Group – and Ross Levinsohn was the head of Fox Interactive before Peter Levinsohn took the position in late 2006.

This means Miller is now running MySpace and other News Corp. digital assets, making him MySpace CEO Chris DeWolfe’s fifth boss in the last few years.

Miller was under contractual obligations with AOL not to work with AOL competitors until this month. Time Warner vetoed his appointment to the Yahoo board of directors last year under the agreement. → Read More

March 27th, 2009

Video: Hands on with the GameTrak Freedom controller

GDC isn’t exactly our cup of tea, but we did manage to find some worthwhile things to report about. I think the team needs to dye their hair blue or wear kilts next year because that’s what the cool kids at GDC do. Anyway, we’ve known about the GameTrak Wiimote-like controller for the Xbox 360 for some time now and we tracked down their booth to test out the controller. It’s an exact clone of the Wiimote, but it worked with the two games that come bundled with the remote. It should be noted that Microsoft did not develop this device. → Read More

March 27th, 2009

BarTor Android application scans DVD barcodes, downloads using BitTorrent

This is tremendous. It’s an application for Android called BarTor that you use to automatically download movies using BitTorrent. You simply hold the G1′s camera to a movie’s barcode, presumably while at Best Buy or something, then the software sends the movie title to your computer, which you’ve already set up to run uTorrent or Vuze. And off it goes! → Read More

March 27th, 2009

New edumacational ‘Welch’ netbooks coming in May from Dell?

Kids! Get ready for back to school already! An anonymous troublemaker leaked these colorful product shots to Gizmodo showing what’ll be called the Dell Latitude 2100 series of netbooks. Specs will apparently include all the standard 10-inch netbook fare – 1.6GHz Atom CPU, up to 2GB of RAM, three- and six-cell batteries, sub three-pound weight – and they’ll be positioned at students, with talk of “a possible touchscreen.” → Read More

March 27th, 2009

The G20 gets a taste of Protest 2.0 this weekend

The Put People First march in London this weekend will use some interesting tech to get their point across to the world leaders of the G20, assuming they are listening, and on Twitter. A caped ‘superhero’ called “The Megamouth” will shout out messages from the public to the likes of Obama and Brown about the world’s poor. But exactly what he’ll shout will be pulled from Twitter’s API (any tweet tagged #themegamouth) into a moderation and edit console, as well as any from the ActionAid site and via SMS. They will then be manually approved – nothing too off topic I presume, like “Hello Mum” – and the shouts will then be fed into an iPhone app which The MegaMouth uses on his wrist-mounted iPhone. Each time he hits a “shouted” button, a tweet will be generated to inform the crowd of what he’s been shouting (probably because they won’t hear either). The main video footage will be encoded and uploaded in chunks using Tumblr and Vimeo, embedding it into the ActionAid site in one move. This will be supplemented by live streamed footage from a Nokia N95 using Qik – again, embedded directly into the ActionAid site, and generating automated tweets as it does so, as anyone who’s used Qik would know. How’s about that then? Protest 2.0 huh. → Read More

March 27th, 2009

When in doubt, launch an adult social networking site creator. Yes, that'll work.

Last year yet another ‘build your own social network’ appeared. SocialGO was a white-label social networking site creator spun out of UK company Bright Things. SocialGO lets you create an online community website which is either stand-alone or inside an existing website. All the usual features like IM, content-sharing for photos and videos, blogging tools etc are there. Clearly things may not have gone to plan though. There are any number of these companies. Let me see now (deep breath) Ning, PeopleAggregator, SocialSpring, OneSite, GoingOn, CrowdVine, Mzinga, Haystack, CollectiveX, Moli, KickApps, DZOIC, Pringo, SmallWorldLabs and in the UK, WebJam and Kwiqq. And all of them arrived well before SocialGO. Ning of course has Marc Andreessen as Chairman and well over 100 million dollars in funding. So what’s the answer? What can be user-generated virtually for free, is in high demand and creates a lot of traffic? Yes! Porn! Thus, Zocku.com, a white label social networking platform dedicated to adult networks which has SocialGO as its underlying platform, has been money-shot into existence. Apparently there are already plenty of customers with one “generating in excess of $5,000 a month in ad revenue and membership fees.” One client says Zocku.com “has created a more complete and satisfying experience for Ruffkin’s members.” I’m sure it has. In other words, it may well be the case that SocialGO launched and then found itself inundated with porn merchants, as happened to Ning – something which nearly destroyed the company until it banned them. The question only remains. How Bright did Bright Things have to be to dream this move up? The words “not” and “very” spring to mind. → Read More

March 27th, 2009

Weekend Project: Turn all your fruit into shot glasses with the ShotCarver

It’s getting warmer out, which means we’ll soon all be switching from heavy, dark wintertime beer to delicious, nutritious summertime alcohol. The ShotCarver costs $12 and can be used to create a shot-sized pockets inside apples, pears, watermelons, and more. → Read More

Real-Time
Crunchbase

Scan — Company added to CrunchBase
2.23.2012
Jim Pallotta — Invested in Scan.
2.23.2012
Roundarch — Acquired by Aegis Group for $125M.
2.22.2012
AVG Technologies — Went public with stock symbol NYSE:AVG.
2.2.2012
Roundarch — Acquired by Aegis Group for $125M.
2.22.2012
Mykonos Software — Acquired by Juniper Networks for $80M.
2.22.2012
Zone Impact — Acquired by eRecycling Corps.
2.22.2012
SuccessFactors — Acquired by SAP for $3.4B.
2.22.2012
LiteTouch — Acquired by Savant Systems.
2.21.2012
Nomos Software — Received €500k in Unattributed funding from Kernel Capital Partners and Enterprise Ireland
2.22.2012
Integrated Diagnostics — Received $10M in Series A funding
2.22.2012
retickr — Received $1.5M in Series A funding from Lamp Post Group
2.23.2012
Innoveer Solutions — Received $1.9M in Unattributed funding from HarbourVest Partners and Adam Honig
2.22.2012
Jim Pallotta — Invested in Scan.
2.23.2012
Troy Carter — Invested in Scan.
2.23.2012
Start Fund — Invested in Scan.
2.23.2012
Transmedia Capital — Invested in Scan.
2.23.2012
Naval Ravikant — Invested in Scan.
2.23.2012
AVG Technologies — Went public with stock symbol NYSE:AVG.
2.2.2012
Brightcove — Went public with stock symbol NASDAQ:BCOV.
2.17.2012
Jive Software — Went public with stock symbol NASDAQ:JIVE.
2.3.2012
Scan — Company added to CrunchBase
2.23.2012
Vibe — Company added to CrunchBase
2.23.2012
Roundarch — Company added to CrunchBase
2.23.2012
Aegis Group — Company added to CrunchBase
2.23.2012
Nomos Software — Company added to CrunchBase
2.23.2012
Reeli (iPhone App) — Product added to CrunchBase
2.21.2012
CrunchBase