NEC has appeared to hit all the right notes with its VersaPro Ultralite VS netbook — high-resolution 1280×768 10.6-inch screen, 1.86GHz Atom Z540 CPU, just over an inch thick, and a seemingly-impossible weight of just a pound and a half. NEC unfortunately missed the “netbooks are supposed to be cheap” memo, as this little guy will be selling for over $1800. → Read More
Facebook is taking that rumored $200 million investment from Digital Sky Technologies, a Russian investment group. DST will take a 1.96 percent stake in the company, giving Facebook a $10 billion valuation. Facebook ultimately did not have to give up a board seat to DST in return for the cash. But DST is getting preferred shares for it’s $200 million.
When Microsoft bought preferred shares, it valued Facebook at $15 billion. Since then the market has come way down and various valuations for Facebook have been thrown out between $4 billion to $6 billion. And recently, Facebook turned down an investment valuing the company at $8 billion, with the stipulation that the investor get a board seat. During a conference call today, CEO Mark Zuckerberg he confirmed that other investors had approached Facebook, saying: “It was really at our option to find someone we wanted to work with on our terms.” No doubt, part of the appeal of taking the Russian money was to set the company’s new valuation at something easier to stomach than what the common stock was going for in private sales. Additionally, DST has the option to buy another $100 million worth of common stock from existing employees and investors. → Read More
The conversation I had with a female roommate this morning, upon receiving the press release for the Samsung Gloss: Me: Check this out! It’s called the Samsung Gloss. It’s a QWERTY flip phone built for the ladyfolk. Her: Misogynist! Me: It’s pink! It has flowers! It’s called “gloss”! Her: Still. Plus, why is it called “gloss”? If they’re going off the idea that it looks like make-up, lipgloss comes in a tube. That looks more like a compact. → Read More
Yesterday developer Rick Strom wrote a blog posted titled “The Incredible App Store Hype“, in which he detailed some of the revenue stats he was seeing from the iPhone applications that he had released (some of which rank on the App Store’s top apps lists), and what other developers could expect to make accordingly. His conclusion? That most of the 36,000 applications on the App Store aren’t selling at all – for many apps, most days go by without a single sale.
Surprised? You shouldn’t be.
As marketplaces go, the App Store has a very low barrier to entry that makes it easy for anyone to sell their wares, which means that it’s flooded with apps. There’s no way Apple could prominently present these 36,000 applications to users without overwhelming them, which means most apps fall into obscurity as soon as they’re submitted. If you can’t find a way to get the word out, nobody is going to find your app on their own. → Read More
Newegg’s got a pretty good deal on a 1TB Hitachi desktop hard drive at $75 with free shipping. The drive normally sells for $80 but you can get an extra $5 off by using coupon code EMCLSNT27 at checkout. → Read More
About a half hour ago, Amazon opened up a new feature on the Kindle: the ability to read your notes and highlights on the Web. Readers have always been able to make notes and highlight text on the Kindle itself. Now those annotations appear on your account at http://kindle.amazon.com. Once you sign in, you can see all your notes.
While this opens up all sorts of possibilities, Amazon is taking a very conservative approach. You can’t share your notes with others. You can’t even edit them in your browser. All you can do is read them. That makes the feature little more than a Web archive of your notes and highlighted text snippets. It is a convenient feature, but why not enable sharing? Why can’t I share an excerpt with my friends on Facebook or Twitter (with the beginning of a quote and a short link)? → Read More
Nokia’s very own central application marketplace, dubbed Ovi Store, today officially made its way to the public arena as we expected.
We’ve browsed the online store extensively and hand-picked 10 applications we think you should download and install first. Note that the available content you can download depends on which device you’re using, we’ve selected the option ‘any phone’ to increase the chances of these being available for you as well:
(after the jump) → Read More
There’s one big Web 2.0 question we’ll never know the answer to: Could YouTube have survived on its own?
There are a handful of industry-changing Web 2.0 names including MySpace, Facebook, YouTube, Twitter, and LinkedIn. But unlike those other Web 2.0 behemoths who have the luxury of waiting out revenue challenges as their user base surges and the economy recovers, YouTube’s runaway success meant extremely high bandwidth costs and legal worries early on. It’s one of the only companies in that list that should have sold early while the momentum was high.
Evidence: Nearly three years after the acquisition, the mighty Google still hasn’t figured out exactly how to monetize all those eyeballs either. Industry estimates say YouTube spends half a billion or more a year in bandwidth costs. That’s not to say it was a bad acquisition, particularly considering Google’s stock currency was tantamount to monopoly money back then. But you have to wonder, if YouTube were alive today, how much more would it have been forced to raise and at what terms?
You can get an inkling by looking at the fortunes of a handful of Chinese equivalents: YouKu, Tudou, and 56.com. → Read More
Good to see that, sometimes, even the biggest tech companies can come to their senses. Today Sony in Japan announced a new Vaio P model, the Vaio P50 [JP], which comes with Windows XP SP3 instead of the hopelessly wrong Vista Sony shipped their Ps with so far. → Read More
About a half hour ago, Amazon opened up a new feature on the Kindle: the ability to read your notes and highlights on the Web. Readers have always been able to make notes and highlight text on the Kindle itself. Now those annotations appear on your account at http://kindle.amazon.com. Once you sign in, you can see all your notes.
While this opens up all sorts of possibilities, Amazon is taking a very conservative approach. You can’t share your notes with others. You can’t even edit them in your browser. All you can do is read them. That makes the feature little more than a Web archive of your notes and highlighted text snippets. It is a convenient feature, but why not enable sharing? Why can’t I share an excerpt with my friends on Facebook or Twitter (with the beginning of a quote and a short link)? → Read More
We’ve talked about online ad server OpenX quite a bit in the past, and for good reason. The company, formerly known as Openads, is led by former AOL CEO Jonathan Miller (Chairman) and ex-Yahoo exec Tim Cadogan (CEO) and has in the past shown it’s serious about growing fast and making money in the process.
More recently, we covered the launch of OpenX Market, an alternative online ad exchange platform operated by the Pasadena, CA-based company.
Today, OpenX is announcing that it has raised a Series C venture capital round to the tune of $10 million, which brings the total of funding raised by the company to a healthy $30+ million. → Read More
This was supposed to be a glorious day for mobile phone giant Nokia. The Finnish company got out-innovated by Apple a couple of years ago with the introduction and subsequent success of the iPhone and the iTunes App Store, and has been desperately trying to catch up with Cupertino’s disruptive initiatives ever since by launching a couple of new devices on one hand, and consolidating its software & services business on the other hand.
Today sees the worldwide roll-out of Nokia’s Ovi Store, the company’s response to Apple’s App Store (and other centralized content stores for mobile phones and OS’es), and no doubt the company is watching the launch unfold on a global scale with watchful eyes. Here’s the thing: the launch is an utter disaster and I assume (hope) Nokia executives are outraged with the way things are going.
Update: the Ovi team posted a response to the recurring problems, see below. → Read More
Nokia’s very own central application marketplace, dubbed Ovi Store, today officially made its way to the public arena as we expected.
We’ve browsed the online store extensively and hand-picked 10 applications we think you should download and install first. Note that the available content you can download depends on which device you’re using, we’ve selected the option ‘any phone’ to increase the chances of these being available for you as well:
(after the jump) → Read More
When news broke earlier that Twitter was working with some Hollywood types to develop a television series, the web nearly imploded on itself. Some assumed that the show would be about the people behind the scenes at Twitter, some thought they may have a chance to be on television because they use Twitter, some were outraged that Twitter would make a TV show rather than improving their own service, some thought it was Twitter openly endorsing the stalking of celebrities, most thought it was odd, to say the least. So Twitter co-founder Biz Stone weighed in to clarify a bit.
It’s simple really: Twitter has signed an agreement with a production company to allow them to develop a show based around the service. Stone was vague when it comes to specifics, but it reads like Twitter will have little if anything to do with the show, and really will just lend its name and likeness (perhaps even in the title). It’s similar to what the company has done in the past with Current (for Hack the Debate) and CNN (for its various shows that heavily use the service). And it’s similar to other projects that are in the works with a few other networks. But it’s still quite interesting for a few reasons. → Read More
Smashwords, an online Ebook store for independent authors and their publishers, is launching a new affiliate program that will allow external sites to generate revenue by linking to Ebooks that are being sold on the Smashwords store.
Affiliate programs for bookstores are nothing new. Typically online publishers will link to a book and will get a cut of the proceeds if the store linked to makes a sale within a certain timeframe. But the emergence of Ebooks is changing the landscape. Amazon, which has built up its affiliate program for traditional books over the last decade, does not give affiliate publishers any portion of the purchase price if a visitor winds up buying an electronic book. Smashwords is looking to capitalize on this omission by offering web publishers an alternative. → Read More
Why this hasn’t been done before is a mystery to me. This little hack project by Kellbot of NYCResistor takes a rolling ball, an optical mouse, a gutted PS2 controller, and some Arduino hacking and makes it into a working (and awesome) virtual Katamari. Why didn’t they have special controllers like this that came with the game? It makes so much sense!
Video or it didn’t happen. Oh, video is inside! What now, boyee? → Read More
One of the side effects of Twitter’s 140-character limitation is that users are coming up with their own microsyntax and abbreviated Twitter grammar to make their Tweets more expressive. If your are merely retweeting someone else’s tweet, for example, you acknowledge that by placing a “RT” at the beginning of your micro-message. If you are replying publicly to another user or just referring to them, you indicate that with an “@username.” You can even add hashtags to a tweet so that it shows up in searches for specific topics (please use “#twittergrammar” if you are going to RT this post).
New conventions pop up every day. To make sense of them, and develop new ones, Stowe Boyd is launching Microsyntax.org tomorrow. In a debut blog post, he insists that it is not a “standards body,” but that is effectively what it might become. And we need one, because Twitter isn’t setting any standards. You can follow @microsyntax to keep on top of the latest Twitter lingo. → Read More
As YouTube and Twitter have become essential marketing tools for brands and companies, there has been an emergence of startups that help marketers track the buzz around a certain individual or brand. Radian6, Visible Measures, Omgili, Omniture and a plethora of others offer tools to monitor blogs, Twitter, YouTube, Facebook and other social media sites for mentions of a company or individual’s name. Startup Viralheat is entering this space with the private beta launch of its affordable social media measurement product that scours social video sites including YouTube, Hulu and Vimeo, and Twitter to deliver real-time results of consumer generated content on these sites.
Viralheat allows you to create profiles to track an individual’s name or a company’s name across nearly 30 video sites and Twitter. The platform’s Twitter tool provides data on how many total mentions an item had on Twitter for the week and for the given day, the most active Twitter user who has Tweet about a brand, the most common language of Tweets, percentage of Tweets about a brand that are Retweets, the most active day of the week for mention of a brand and a sentiment breakdown of Tweets. For example, a profile created for “Obama” shows there were just over 7,000 tweets today including the name “Obama,” and over 32,000 total Tweets this week. The service also provides a graph of the number of Tweets over the past week and shows the most recent Tweets about the item updated in real-time, which you can Tweet out directly from Viralheat’s platform or email to others. → Read More
