I can think of few subjects less interesting than Facebook’s forthcoming IPO. There, I said it.
I honestly don’t get what the big deal is. So a few thousand people will finally liquidize their locked-up wealth, and the hoi polloi will at last be able to buy Facebook shares. Stop the presses! (It won’t meaningfully affect their ability to buy other companies; they already have $4 billion in cash on hand, and I seriously doubt they have any multibillion dollar acquisitions in mind.)
I guess if you measure innovation by keeping financial score, this seems exciting, but if you measure by, you know, actual innovation, this is a total nonevent.
However. All the IPO furore has introduced one interesting data point: Mark Zuckerberg’s S-1 letter, which includes the unexpectedly striking–daring, even–paragraphs
We hope to change how people relate to their governments and social institutions.
The Gillmor Gang — John Borthwick, Robert Scoble, Kevin Marks, and Steve Gillmor — took a leisurely stroll on a late winter Friday afternoon. The subjects: Path and the Address Book, SuperBowl dynamics, and 21st Century Fox, aka the new television/social media hybrid model.
It may seem like all stories are self-referential in this time of trending to zero barrier to entry, but as with many realtime transitions, it’s hard to see the forest for the trees until you get enough altitude. With 98 million simulsharing social media out of 119 million in realtime, the uber address book that’s being built will absorb all the big players including Facebook and Twitter. → Read More
I was once backstage at a news show. Six people were on a box in the screen screaming at each other about the economy. The producer was laughing. He leaned over to me and said, “the whole idea of this is to fill the time between one commercial segment and the next.”
Every day they want to scare me. Greece is going to suddenly disappear. Or have some sort of debt “contagion” that will spread across the Atlantic. Everyone is a “contagion” expert. Just like we were all experts on “Avian Flu”. Whatever happened to that one? Did anyone die of Avian flu? → Read More
Before we chat out the Droid 4 there’s a bit of other news we need to address right quick. As you’ll surely notice, we’re doing smartphone reviews a little differently now. That said, this video and my basic hands-on impressions are just the first in a three-part series reviewing the phone. Stay tuned for what comes next!
Alright then, back to business…
The Motorola Droid 4 has spent exactly 24 hours on shelves, and from the time I’ve spent with the phone I wouldn’t be surprised to hear that it’s doing quite well there. → Read More
Patience is one of the seven virtues, the lesser-known cousins of the seven sins. And indeed, “patience is a virtue” – or so goes the saying. But another saying states that “fortune favors the bold.” So which one is it?
It’s not that patience isn’t valued; it’s that no one else is actually all that patient. Whether you are growing a business or chasing a girl or trying to lose weight or auditioning on American Idol, no one will sit around and wait for results.
They will be impatient. This doesn’t mean you should be impatient, it just means that in the words of George Jackson: “Patience has its limits. Take it too far, and it’s cowardice.” → Read More
Photosharing app Instagram went through a subtle redesign this afternoon. In addition to the brand new “Sierra” filter, Notifications improvements and a UI/UX refresh where the feed, popular, share and news buttons have all been divorced of their copy and are now just streamlined symbols, the company has added the “Lux” feature.
Lux, denoted by an eclipse symbol in the bottom left hand corner of the app’s image edit dashboard, is basically an adjustment of image brightness, midtone contrast and saturation in order to bring out the details in an iPhone photo — sort of like what iPhone HDR wishes it was. → Read More
Padma Rao’s analytical marketing skills have made a big impact at more than one company in the Bay Area, and now she’s bringing a decade of experiences to her new role as an entrepreneur in residence at Foundation Capital.
Her most recent efforts helped turn a gaming startup into a booming public company.
Few people realized it at the time, but in late 2008 and early 2009 social game developer Zynga had figured out how to get a great return on investment from Facebook advertising. The social network had developed its ad system over the previous few years to the point that it was able to deliver ads closely targeted to users’ interests — but most people hadn’t realized that yet, so prices were cheap. → Read More
When Google Music launched a couple months ago, there was some criticism regarding how the service was promoted. What many saw as just another music locker and streaming service (albeit a perfectly good and free one) others saw as a great new vector for music sales and distribution. But the music locker portion seemed to hog the spotlight, and the cool Band Camp-esque new artist hubs lurked in the gloom.
Busta Rhymes seems to be a fan of the latter, and not just because he’s in an official partnership. In an interview on MTV, he was positively effusive about Google’s new platform. Check out the short clip inside. → Read More
Only about 5% Facebook gamers pay to play freemium games. If Facebook could up this percentage, it and its third-party app developers could make a lot more money. That’s the idea behind a new promotion Facebook announced today where those who’ve never bought Facebook Credits virtual currency before will be offered $4 in free Credits when they buy $1. This gets users to set up their credit card and experience the rush of paying for an enhanced gaming experience. → Read More
They say when it rains, it pours. That’s not usually a good thing, but when it’s raining money, things are a little different. That was the case at Kickstarter yesterday, where they had their biggest day of funding ever, beating the record set… the day before yesterday.
It was also the day that marked the first Kickstarter project to break $1,000,000 in funding. And the day that marked the second project to hit that number. And New York’s city council endorsed the site as a way to highlight community projects that need funding. Oh, and they’re on Portlandia.
Definitely the biggest day in the site’s history, then. They’ve commemorated it with a great blog post that might just make your Friday a little better. It also brings up a few new and interesting questions regarding how the site should or will be used. → Read More
If you’re an AT&T customer coming off of a contract and looking to snap up a new phone, you should get on that right now. According to an AT&T memo obtained by BGR, AT&T will be raising their device upgrade fee from $18 to $36 as of February 12, which means you’ve got until Sunday to swap phones before your first post-upgrade bill gets even bigger.
The memo states that the fee hike is needed because “the overall costs associated with upgrading to a new device have increased.” → Read More
Scientists at the University of Cambridge in the UK have found a way to improve the efficiency of photovoltaic cells by as much as 25% through harnessing more of the sun’s spectrum than most traditional silicon-based solar cells can. → Read More
On the surface, the StartX Demo Day last night could have looked like any other accelerator pushing its latest class of startups. Nine groups got on stage and fired off presentations about how they were working on something cool, and why they deserved funding.
But it wasn’t the rash of lightweight consumer applications you often see at other demo days. These were Stanford students, particularly technical graduate students, who have been nerding out on solving real problems for years in their labs and dorm rooms, and who are now in the middle of commercializing their hard work. Big-name investors from around Silicon Valley unsurprisingly showed up to check them out. → Read More
The US Department of Defense Explosive Ordinance Disposal unit is look for a few good coders to help build apps and an entire app store for bomb technicians and soldiers involved in ordnance handling. This is when sliding to unlock could mean the difference between life or death.
The request for proposals is as dull as dirt (you can read it hear) but the requirements are clear: they’re looking for apps that will replace paper pocket guides and references used by the folks that blow up the big badda booms. → Read More
The Air Force’s Air Mobility Command will be putting in a request for the purchase of a number of tablets soon in an effort to lighten their pilots’ loads. Many commercial airlines are already taking this step, and American Airlines has already gotten FAA approval. The Air Force is feeling the sting of jealousy, and in consequence may be requesting as many as 18,000 devices. → Read More
Rumors of a 7- to 7.85-inch iPad have been swirling around for a long while now. We’ve seen reports get killed moments after they initially break, only to be sneakily resurrected weeks or months later. The rumor simply won’t die.
The problem, however, is that this one in particular is a tough nut to crack. When you take all the evidence both for and against a little iPad, you’re still left with no real conclusion.
So conclusion aside, here are some of the reasons Apple may, or may not, introduce the little iPad: → Read More
Yesterday I reported on a bizarre incident I witnessed at Sundance last month: VEVO, the music portal owned by some of the biggest record labels in the US, had a pirated NFL playoff game playing on screens throughout its ‘PowerStation’ venue.
The incident was immensely hypocritical, given that VEVO is owned in part by Universal Music Group and Sony Music Entertainment (with EMI licensing its content to the service) — the same music labels that have made a habit of attacking consumers over alleged acts of piracy.
Now VEVO CEO Rio Caraeff has written a post to the VEVO blog, where he tries to explain what happend. In it, he writes that the game was accessed and streamed by a guest of the event without VEVO’s knowledge. → Read More
Online directory of APIs and mashups, ProgrammableWeb, just hit a big milestone this week: 5,000 APIs listed. The site has a long history of tracking the API landscape, starting with the launch of its directory back in 2005, five years after eBay created the first web API. Not surprisingly, big names like Google, Facebook and Twitter are now leading the way in terms of sheer numbers of APIs offered, usage, and popularity. Among developers tracking APIs on the site, Facebook now has the most popular API, and it’s followed by Google Maps and Twitter.
However, according to ProgrammableWeb executive editor Adam DuVander, there were some new trends spotted among the last 1,000 APIs added to the directory, too, including an increasing number of government APIs becoming available. → Read More
OpenLabel, a startup that wants to augment everyday products’ barcodes with crowd-sourced information that helps you decide whether to buy, has raised $80,000 in seed funding in a round led by Peter Kirwan, also an investor in IFTTT. Also participating in the round were Tim Drees and Doug Taylor. According to OpenLabel co-founder Scott Kennedy, this $80K is just the first part of a larger $300,000 seed round, which the company expects to close prior to the April launch of the mobile application.
→ Read More
Inherently, we like doing things in groups, as it makes our experiences more social. It’s not about what we’re doing so much as who we’re doing it with that makes our experiences enjoyable. Group messaging took off two years ago, overrunning SXSW, as a better way to keep groups of people engaged; Kickstarter has grown like a week thanks to the power of the crowd lending legs to fledgling projects that need quick capital to get off the ground.
A new startup launching today called Crowdtilt is taking a page out of Kickstarter’s book, riffing on “crowdfunding,” but instead choosing to call itself “groupfunding” or a “Kickstarter for groups of friends.” → Read More
