Erick Schonfeld is a technology journalist and the executive producer of DEMO. He is also a partner at bMuse, a product incubator in New York City.
Schonfeld is the former Editor in Chief of TechCrunch. At TechCrunch, he oversaw the editorial content of the site, helped to program the Disrupt conferences and CrunchUps, produced TCTV shows, and wrote daily for the blog.
He joined TechCrunch as Co-Editor in 2007, and helped take it from a popular blog to a thriving media property. After founder Michael Arrington left in 2011, Schonfeld became Editor in Chief.
Prior to TechCrunch, he was Editor-at-Large for Business 2.0 magazine, where he wrote feature stories and ran their main blog, The Next Net. He also launched an online video series with CNN/Money and hosted regular panels and conferences of industry luminaries.
Schonfeld started his career at Fortune magazine in 1993. In 1999, he won the prize for best information technology submission at London’s Business Journalist of the Year Awards, and in 2001 he won the prize for best space submission at the Aerospace Journalist of the Year Awards in Paris. In 1996 and 1997, Schonfeld was recognized in the TJFR Business News Reporter’s list of the best and brightest financial journalists under the age of 30.
He appears regularly on CNBC, CNN, and NY1, and is a frequent speaker at industry conferences.
Schonfeld graduated magna cum laude from Cornell University in 1993.
Sometimes you have to see things to truly appreciate their magnitude. Apple’s latest quarter was so massive that MG had to write two posts about it: $46 billion in revenues, 37 million iPhones sold, 15 million iPads. The chart above, which comes from Francesco Schwarz, using data from Apple and Asymco (see a fully interactive version here), shows how unusual this quarter was for Apple. → Read More
A few days ago, at the DLD conference, Groupon CEO Andrew Mason revealed that his three-year-old daily deal company now has 10,000 employees, with about 70 percent overseas. What about LivingSocial, the No. 2 daily deal company? Tim O’Shaughnessy told me yesterday the company is now at 5,000 employees worldwide, with “just under half” in the U.S. → Read More
If you look closely at Netflix’s fourth quarter earnings, it will become clear why the company wanted to split its DVD and streaming businesses. This is the first quarter that the company is splitting out each business and reporting revenues, profits, and margins separately.
While the streaming business is growing (adding 220 subscribers domestically in the quarter), and the DVD business sis… → Read More
While the topic didn’t make its way into President Obama’s Sate of the Union speech last night, Mr. Obama’s former transition team co-chair, John Podesta, thinks creating a “Digital Library of Congress” comprised of “the vast holdings of the federal government” deserves executive level attention. He’s calling the initiative, “Yes We Scan”
My suggestion to him: get Google to do it for free… → Read More
Apple ended last quarter and the year with almost $100 billion in cash ($97.6 billion, to be exact—much of that is held overseas for tax purposes).
What should Apple do with all of that money? They could buy Facebook, which is supposed to IPO at around a $100 billion valuation. But “it is not in Apple’s nature to do big acquisitions,” points out BGC analyst Colin Gillis at the tail-end of… → Read More
A year ago in January, 2011, Apple dominated mobile video views, with iOS devices accounting for 87 percent of all mobile views, according to data from video encoding and short-url service Vid.ly. Android had a scant 5 percent. By December, 2011, Android’s share of mobile video watching grew to 32 percent, while Apple’s shrank to 52 percent. → Read More
How much does Google make in advertising from mobile? Cowen analyst Jim Friedland estimates that Google is generating $7 per year from each smartphone (and tablet). This includes both search and display advertising in mobile apps on both Android and iOS (iPhones and iPads). Thanks to the rapid growth in smart mobile devices from an estimated 509 million last year to nearly double that in 2012 to… → Read More
The controversial Stop Online Piracy Act (SOPA) has been pulled and its Senate counterpart, the Protect IP Act (PIPA) is on hold. The Internet won this round, it seems. But don’t celebrate just yet. The forces behind these acts are simply regrouping. Should SOPA and PIPA be killed, or can they be fixed? We invited Viacom’s General Counsel and EVP Michael Fricklas and David Sohn, General Counsel… → Read More
Armed with pitchforks and hindsight, class action lawyers are gathering up mobs of angry shareholders who lost money and going after the company. Earlier this week a lawsuit was filed against Netflix senior management for not disclosing the short-term nature of its contracts to stream certain movies. And this morning a shareholder rights group called Robbins Umeda announced an “investigation”… → Read More