February 10th, 2012

Foursquare Adds NFC Support To Its Android App

foursquare-android

In addition to the updated “Explore” feature that rolled out to Foursquare’s Android and iPhone applications this week, the social discovery service also added a special feature to its Android app that sort of flew under the radar: support for NFC.

NFC, or near field communication, allows devices to exchange data over short distances, typically with a wave or a tap. In Foursquare’s Android update, NFC support has been added for the app’s Venue, Lists and Me pages. → Read More

February 10th, 2012

Tesla Unveils The Model X, An Electric CUV With Futuristic Gullwing-like Doors

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Tesla Motors’ family is growing. The company just unveiled its first crossover, the Model X. Like the Roadster and Model S, the Model X is a purely electric vehicle, built on the same platform as the Model S. Tesla says pricing will be similar to that of the Model S, making the base model around $50k after tax credits. But, if all the available options are checked including the largest battery pack and performance drivetrain, the price could close in on $90k. But who cares about the price when the vehicle packs gullwing-like doors — Tesla calls them Falcon Wings, but you can call them awesome. → Read More

February 10th, 2012

Murtazin: The Samsung Galaxy S II Will See Ice Cream Sandwich On March 1

icecreamsandwich

Notorious industry insider Eldar Murtazin has made yet another forward-looking statement, this time regarding Android 4.0 Ice Cream Sandwich and one very special Samsung device. This leaves just one question in our minds: Is this one of his hits, or is it another miss?

According to a tweet (below) from the Moscow-based blogger, Android 4.0 Ice Cream Sandwich will be delivered to the Samsung Galaxy S II. After its regional offices had announced which devices would receive ICS, Samsung confirmed in December that the GS II, the Galaxy Note, and Galaxy Tab models will get Android 4.0 in the first quarter of 2012. → Read More

February 9th, 2012

Take A Photo And Stop Your Junk Mail With PaperKarma

Screen Shot 2012-02-10 at 12.42.24 AM

PaperKarma is one of those ideas that make you realize that the future is nigh.  The concept behind it? See a piece of junk mail that offends you in your mail box — anything from magazines, catalogs, coupon books, fliers, credit card offers, and the root of all evils, the Yellow Pages — take a picture of it and boom, the PaperKarma team will “take care” of it, mafia style.
→ Read More

February 9th, 2012

Is Amazon Web Services’ ‘SWF’ A New Workflow Manager?

AWS Free Usage Tier-3

It looks like Amazon Web Services may be launching a new workflow manager called SWF. First spotted by TechCrunch reader Michael Hood, SWF is listed as a service under AWS’ Free Usage Tier. Unfortunately, clicking on SWF takes you to a ’404′ page.

Upon further digging, it looks like SWF stands for ‘Amazon Simple Workflow Service.’ It basically starts, runs, and retains workflow executions, as well as schedules tasks, adds markers, receives signals, and starts timers for those workflow executions. According to the information listed, with the free usage tier, “1,000 Amazon SWF executions can be initiated for free. A total of 10,000 activity tasks, signals, timers and markers and 30,000 workflow-days can also be used for free.” → Read More

February 9th, 2012

Facebook Starts Turning Listen, Read, and Watch Stories Into Ads

Open Graph Sponsored Stories  Mockup Done

When you listen, read, or watch through a Facebook Open Graph app, a few of your friends hear about through the news feed, Ticker, or Timeline. Starting this week, Facebook is allowing advertisers to pay for more exposure of listen, read, or watch stories that mention them by turning the stories into a new form of Sponsored Story social ads.

Open Graph action Sponsored Stories could further Facebook’s goal of turn all ads social, and boost revenue by filling the new inventory from Facebook now permitting Sponsored Stories ads in the news feed. → Read More

February 9th, 2012

Columbia’s DevFest 2012 Showcases Student Hacks, New York Talent

DevFest 2012

The culture of hacking continues to bloom in New York, evidenced last weekend by Columbia’s DevFest 2012. DevFest is entirely student run, and had workshops and support from local VC firms and startups. The event culminated with presentations of hacks and awards judged by Fred Wilson (USV), Chris Wiggins (HackNY), Dave Jagoda (Andreessen Horowitz), Ryan Bubinski (Codecademy) and myself (Uncommon Projects). A full list of the winners is below. → Read More

February 9th, 2012

Conduit Joins Billion-Dollar Club As Yozma Sells Stake

conduit logo

Yozma Venture Capital is selling its stake in startup Conduit for a massive return. The story was reported in the Israeli publication Globes, but I’ve confirmed the details with a source who has knowledge of the deal, and who also identified the buyer (described by Globes only as “a large foreign investment firm that has tens of billions of dollars under management”) as private equity firm Silver Lake.

Yozma invested $1.5 million for 9 percent ownership of Conduit in 2006. Now it’s selling its stake for $250 million. In other words, it’s seeing a return that’s nearly 200 times the size of the initial investment. According to Globes, the Israeli venture capital industry has never seen a return on that scale. → Read More

February 9th, 2012

Keen On… Samir Arora: Glam Does Food With Foodie.com (TCTV)

The pioneer of vertical media, they call themselves. And Glam Media, the publishing network with more than 220 monthly million uniques, announced today their “logical next play” – a vertical food network called Foodie that will offer a social, interactive network (Portal 2.0?) for food bloggers, critics, chefs and, of course, eaters.

But, as Glam’s co-founder and CEO Samir Arora told me when he came into our San Francisco studio today, Foodie isn’t just another of Glam’s vertical plays. → Read More

February 9th, 2012

Retina Ready: Apple’s New Year’s Resolution?

Screen Shot 2012-02-09 at 4.15.00 PM

In a few weeks, Apple will unveil the next generation iPad, John Packowski of AllThingsD confirms today. If history (and carrier code) is any indication, it should go on sale shortly after that. Maybe even just a few days later. And that’s interesting because it doesn’t give developers a lot of time to prepare. And they’ll want to prepare for the higher resolution “Retina” display that the device will pack.

The situation is similar to the Summer of 2010. That year at WWDC, Apple unveiled the iPhone 4, the first device to feature a Retina display. That conference took place on June 7. The iPhone 4 first went on sale on June 24 — two and a half weeks later. That timeframe allowed some developers to get their apps Retina-ready, but for many it took quite a bit longer. Again, this year, the window may be even more condensed. → Read More

February 9th, 2012

Microsoft Explains Windows On ARM, The Latest Addition To The OS Family

armwin

Ever since Steve Ballmer made that surprise announcement at CES 2011, there has been a lot of speculation about just how Microsoft would be bringing Windows to the ARM architecture. Would it be a whole separate line? Would it be compatible with old applications? Would it be cheaper?

Many of these questions have been answered in a long and technical post on the Building Windows 8 blog today, as Steven Sinofsky explains how they developed (re-developed, really) Windows On ARM, or WOA, and why they made the choices they made.

Some major points, for those unwilling to read: WOA will be totally incompatible with x86/x64-based applications; it will include a desktop only for Office apps and file management; it will be focused on portability, battery life, and “integrated quality.” → Read More

February 9th, 2012

LinkedIn Will Introduce Ads To Mobile Apps

linkedin mobile

Facebook isn’t the only social network getting ready to monetize its mobile app with advertising. During today’s analyst call to discuss its fourth quarter earnings, LinkedIn executives said they will be introducing advertising to their mobile apps.

There weren’t many details offered — LinkedIn CEO Jeff Weiner said only that the company has been putting the infrastructure in place, and now it’s ready to “start to introduce advertising in our mobile solutions.” → Read More

February 9th, 2012

Is Google Hard At Work On New Home Entertainment System?

Google-Music-Logo

It was just a few days ago that news of a mysterious home-oriented Google device was being prepped for testing in the homes of 252 company employees, but the associated FCC filing left most of the specifics up in the air. Now, if a new report from the Wall Street Journal holds true, Google’s next foray into the hardware space could be all about pumping up those jams.

According to WSJ’s sources, the device in development is a “home entertainment system” that can wirelessly stream music throughout users’ homes. → Read More

February 9th, 2012

New Kickstarter Record Set As Double Fine Game Hits $400K In 8 Hours, $1M In A Day

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If you played PC games in the 90s, chances are you played some of Tim Schafer’s work. He worked on the Monkey Island Series and Day of the Tentacle, later going on to create such classics as Grim Fandango and Psychonauts. He recently took to Kickstarter to try and score some funding for a new point-and-click adventure game, as most publishers would consider the genre more or less untouchable these days.

He figured there were enough people out there who wanted a new adventure game that they could scrape together $400,000. That was last night. They hit their goal in 8 hours, and are likely to break a million dollars before the end of the day. In fact, just since I started this post, I’ve had to adjust the headline to reflect an additional $50,000 $70,000 $100,000 that has been pledged. → Read More

February 9th, 2012

Instagram Founder’s Girlfriend Learns How To Code For V-Day, Builds Lovestagram

Screen Shot 2012-02-09 at 12.20.41 PM

This might just be the sweetest Valentine’s Day story I’ve ever heard. It’s definitely the sweetest Valentine’s Day story I’ve ever written.

Kaitlyn Trigger is a marketing director at Rally.org. She also happens to be Instagram co-founder Mike Krieger’s girlfriend of two and a half years (The 26 year old Krieger and 27 year old Trigger met at a friend’s house in October of 2009 and moved in together in October 2010). And my hero.
→ Read More

February 9th, 2012

LinkedIn Beats The Street, Q4 Revenue Up 105 Percent To $167.7M

linkedin

Professional social network LinkedIn just reported stronger than expected fourth quarter 2011 earnings today. Earnings came in at $0.12 per share. Revenue for the fourth quarter was $167.7 million, an increase of 105% compared to $81.7 million for the fourth quarter of 2010. Net income for the fourth quarter was $6.9 million, compared to net income of $5.3 million for the fourth quarter of 2010. Analysts expected the company to earn $0.07 per share on revenues of $159.72 million.

“Q4 once again exceeded our expectations for member engagement and business growth. It was a fitting end to a memorable year in which we reinforced our position as the pre-eminent professional network on the web,” said Jeff Weiner, CEO of LinkedIn. “We believe continued focus on our members and technology infrastructure positions us well for accelerated product innovation in 2012.” → Read More

February 9th, 2012

TCTV: In the Studio, Bain Capital Ventures is California Dreaming

“In the Studio” at TechCrunch TV this week welcomes a former California resident and current investor back to the west coast, where he and his partners have embarked on a new journey to build out a physical presence in Silicon Valley and San Francisco for one of the most dynamic business groups in the world.

Ajay Agarwal, a managing director with Bain Capital Ventures (BCV), is leading the charge of building his firm’s west coast offices and unveiling a brand new $600m fund, announced a few weeks ago in The New York Times. That’s a whole lot of money to invest in new consumer, enterprise, and mobile opportunities. This is sort of a personal homecoming for Agarwal, who went to Stanford years ago as a undergraduate computer science student and founded a company while he was in school. Now, after nearly ten years with Bain Capital in Boston, he’s leading his team here in California, comprised of Sahil Gupta, Indy Guha, and Adam Marchick, as it it were a startup, too. → Read More

February 9th, 2012

Click And Mortar: Zynga Signs Deal With Hasbro For Real-World Toys and Games

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Mobile app developer Rovio has famously turned its Angry Birds game into a popular toy franchise, but most other new-fangled gaming companies haven’t spent much energy going this route. But now social gaming leader Zynga is, per a big licensing deal with Hasbro. → Read More

February 9th, 2012

Music Labels’ Joint Venture, VEVO, Shows Pirated NFL Game At Sundance

Over the last decade the major music labels — and their trade organization, the Recording Industry Association of America — have established a repeated pattern of attacking consumers in the name of squelching illegal file-sharing. Piracy, they claim, has been the industry’s undoing, accounting for an over 50% drop in sales since 1999 (the industry likes to discount the impact of legal per-song music downloads via services like iTunes, and the myriad other changes facilitated by the rise of high-speed Internet connections).

Their efforts to combat piracy are often draconian: threatening tens of thousands of people with lawsuits claiming obscenely high damages; attempting to coordinate their threats with consumers’ ISPs; and, most recently, supporting legislation like SOPA and PIPA that would undermine the fabric of the Internet. Hell, Universal once pulled down a 30 second YouTube video of a dancing baby because the baby had the audacity to dance to a Prince song.

Which is why my jaw dropped when I saw that VEVO, a property jointly owned by some of the biggest record labels in the world, was showing a pirated stream of an ESPN football game at its Sundance PowerStation venue last month — on no fewer than two televisions, and a pair of laptops. → Read More

February 9th, 2012

You Can Buy Me Love, But Please Don’t Buy Me Gadgets

sadgift

Valentine’s Day is just around the corner, and the majority of us are likely scrambling to find that special gift. (The rest of us, meanwhile, are cursing couples.) A Valentine’s Day gift is usually more important than others because it’s a one-on-one situation, unlike Christmas or birthdays. Just one gift, to just one person — and it better be good.

With that in mind, I’d like to address an article out of AllThingsD this morning that sourced information from PriceGrabber’s Valentine’s Day Dashboard Report. The report took information from February 4 through February 5, finding that various tablets, TVs and phones are hot items for gift-crazed Valentines.

The information itself isn’t that intriguing, but it did get me thinking about handing out gadgetry as a gift. → Read More

Real-Time
Crunchbase

Media Armor — Received $1.53M in Series A funding from iNovia Capital and Greycroft Partners
2.10.2012
MyAutoZap.com — Company added to CrunchBase
2.12.2012
Greycroft Partners — Invested in Media Armor.
2.10.2012
Cidade Internet — Acquired by Populis.
2.1.2012
Jive Software — Went public with stock symbol NASDAQ:JIVE.
2.3.2012
Cidade Internet — Acquired by Populis.
2.1.2012
2.1.2012
2.9.2012
LetsBuy.com — Acquired by Flipkart.
2.9.2012
Cocoafish — Acquired by Appcelerator.
2.9.2012
Media Armor — Received $1.53M in Series A funding from iNovia Capital and Greycroft Partners
2.10.2012
rollApp — Received $243k in Series A funding from TMT Investments
2.7.2012
GCI Com — Received £10M in Unattributed funding from Business Growth Fund
2.9.2012
Stripe — Received $18M in Unattributed funding from Sequoia Capital
2.9.2012
BoardProspects — Received $650k in Seed funding from Mike Verrochi
2.9.2012
Greycroft Partners — Invested in Media Armor.
2.10.2012
iNovia Capital — Invested in Media Armor.
2.10.2012
TMT Investments — Invested in rollApp.
2.7.2012
Business Growth Fund — Invested in GCI Com.
2.9.2012
Sequoia Capital — Invested in Stripe.
2.9.2012
Jive Software — Went public with stock symbol NASDAQ:JIVE.
2.3.2012
MyAutoZap.com — Company added to CrunchBase
2.12.2012
Repairhub — Company added to CrunchBase
2.12.2012
WineMob — Company added to CrunchBase
2.12.2012
Alcoa Inc — Company added to CrunchBase
2.12.2012
Media Strike — Company added to CrunchBase
2.12.2012
2.12.2012
Metier HR - Cloud Based HR Process Automation Suite — Product added to CrunchBase
2.12.2012
TweepsMap — Product added to CrunchBase
2.12.2012
Wupbox account — Product added to CrunchBase
2.11.2012
Pocketbook (Mobile app, coming soon) — Product added to CrunchBase
2.11.2012
CrunchBase