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Facebook’s IPO: An End To All The Revenue Speculation Facebook just revealed its financials in preparation for its public offering. Bear with me: This means no more "leaks" of Facebook's revenue numbers to spike its valuation in secondary markets. No more banal and vague conversations about how Facebook is "killing it" at San Francisco bars. It means that I'll never have to write another one of these "Report: Blah Blah Blah" posts about Facebook revenue using this Zuckerberg dollar graphic I made for Mike.
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Can’t Get Facebook’s SEC Filing To Load? Good News, We Have It Here Since we were getting a little frustrated with the slow-loading, totally crashing SEC.gov website, we decided to do everyone around here a favor. We made a PDF of the filing and posted it publicly on Scribd instead. Now, there's a very good chance that this might just crash Scribd too, but for some reason, we're thinking Scribd can handle the traffic better and scale to support the extra clicks better than the SEC. (Fingers crossed). Below is the embed of the Scribd document.
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Art Hack Day This past weekend, I find myself thinking about Steve standing at the crossroads of Art and Tech, and I wonder if this is what he had in mind as I navigate down a deserted industrial street in Bushwick and hone in on a crowd of smoking hipsters. I check in on Foursquare, unlock the Warhol badge and am greeted by a roomful of projects, projectors, PBRs, minimal sub genre and some of the city's most creative technologists (to be fair, many traveled). I've arrived at Art Hackday - A 48 hour “happ...
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Facebook’s Mobile Monthly Active Users Grew 21% Over Past Four Months Earlier analyst estimates from December had pegged the monthly active users of Facebook's mobile apps at around 300 million per month. This number includes smartphone apps, like those for the Android and iPhone, but also apps that run on BlackBerry, Nokia, and feature phones. At the time, that number equated to roughly 40% of the company's overall user base. Facebook hadn't revealed an official number for monthly active users on mobile since September, however, which was then at 350 million use...
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Back To Basics: Sony Appoints Kazuo Hirai, Ousts Stringer If there's been one complaint my contacts inside large CE companies have had, career-wise, it's been the inability to rise far in the hierarchy. While there are clear exceptions to this rule, the complaint has always been that succeeding in Asian companies has been contingent on (literally) speaking the language and knowing the rules of the road, as it were, culturally. When Sir Howard Stringer took the reins at Sony, it looked like this tendency had been bucked. However, with the appointment...
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Bamboo-Clad ADzero Android Phone Goes From Concept To Real Product Ever since I saw this mesmerizing commercial for the wood-clad (and unfortunately named) Touch Wood, I've been a sucker for phones of a more organic persuasion. While the Touch Wood ultimately never saw the light of day outside of its native Japan, another wooden smartphone is preparing to take the proverbial stage.
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Mark Zuckerberg Will Have a $1 Salary, Starting In 2013 Here's another way that Mark Zuckerberg is following his idol Steve Jobs: He will have a $1 salary, starting in 2013.
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Facebook’s Risk Factors: Mobile, Gov, Slowed Growth, Google+ Facebook's $5 billion S-1 IPO filing includes a detailed assessment of business risks. These include: its lack of mobile monetization and the fact that it doesn't own a mobile platform, government censorship and privacy scrutiny, inability to maintain its growth rate, and competition from Google+ as well as Twitter and Microsoft. Here's a closer look at these risks, followed by the full text of the risk summary, and you can see the whole Risk Factors section starting on page 10 of the S-1 filin...
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Facebook Still Growing Everywhere, Europe Leads At 229M, Asia Catching Up With 212M I've spent the last few years trying to figure out Facebook's regional traffic numbers via third party measurement firms and by scraping its ad tool. But now, I don't have to, because the company has included the breakdown in its S-1 filing today. And what does it show? Across the board growth. Take a look at the graphs below, going back to March of 2009. Contrary to various other data sets, there is literally no month where it didn't gain users in every single region.
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Facebook IPO Crashes SEC Website It appears that the excitement over the Facebook IPO has crashed the SEC's website. The link to the Facebook SEC filing, previously available here, is no longer loading. Instead, we're seeing a "this webpage is not available message" when attempting to load the site using Google's Chrome web browser, and similar errors in other browsers. This has gone on for several minutes now, as everyone is clicking through to read the filing. That's too bad for anyone coming late to the news - you'll have t...
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Zynga Makes Up 12 Percent of Facebook’s Revenue Everyone likes to talk about how dependent Zynga is on Facebook, but that relationship cuts both ways. In the social network's S-1 filing, Facebook says that Zynga accounted for 12 percent of its revenue in 2011, through a combination of virtual goods payments and advertising.
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Facebook’s S-1 And The Largest Shareholders: Zuck Owns 28 Percent Facebook's S-1 is finally out and we can now see how much stock Zuck, investors, employees and others own in the company. Facebook has raised a total of $2.4 billion in funding and seeks to raise as much as $5 billion in a public offering. Mark Zuckerberg is the largest shareholder with 28.2 percent of the company. He's followed by Accel (invested in 2005) and Accel Partner Jim Breyer who owns 11.4 percent of the company. Co-founder Dustin Moskovitz owns 7.6 percent of the company, followed by...
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Facebook’s Profits: $1 Billion, On $3.7 Billion In Revenues Facebook just filed its IPO registration (SEC doc here) and its financials are off the charts. Facebook's IPO document provides the first peek at its financials. The company did $3.7 billion in revenues in 2011, and $1 billion in profits. That's right. Net income was $1 billion. Profits grew 65 percent last year from $606 million in 2010. And revenues grew 88 percent.
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Facebook’s S-1 Reveals: 845 Million Users Every Month, More Than Half Daily, Half Mobile As part of its initial filing to go public, Facebook has just revealed some new user numbers that illustrate just how big it is. It had 845 million monthly active users and 483 million daily active users as of December, for year over year growth of 39% and 48% respectively. Mobile is also half the user base, with 425 million monthly actives. Some other stats, which are a big more vague: 100 billion friend connections as of the end of last year, and 2.7 billion Likes and Comments per day during...
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Pearson-Incubated Startup Alleyoop Launches To Gamify Adaptive Learning According to the National Center on Education and the Economy, only 1 in 6 high school freshmen will go on to graduate from college on time, and about 25 percent of Americans drop out before they finish high school. A Pearson-backed startup launching today, called Alleyoop is betting that by combining adaptive learning with some elements of gamification, it can help prepare high schoolers and young people for college -- and increase college graduation rates.
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Facebook’s S-1 Letter From Zuckerberg Urges Understanding Before Investment Facebook has just filed its S-1 to IPO. Below is the letter from founder and CEO Mark Zuckerberg about Facebook's purpose, in which he explains "Facebook was not originally created to be a company. It was built to accomplish a social mission — to make the world more open and connected. We think it’s important that everyone who invests in Facebook understands what this mission means to us."
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Facebook Files For $5 Billion IPO The wait is over: Facebook has just filed for its IPO. Facebook is looking to raise $5 billion— and will mint hundreds (perhaps even thousands) of employees as millionaires in the process. You can find its S-1 embedded below, or right here. Rumors of Facebook's public offering have been swirling for years, and have long been routinely sidestepped by CEO Mark Zuckerberg and COO Sheryl Sandberg. The company has openly acknowledged that an IPO was indeed inevitable, but has avoided giving any...
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Path, Google+ And Jack Dorsey At The 2011 Crunchies: Comebacks Win The world loves to celebrate comebacks from failure, but the Crunchies and the companies it features are all so new that the show hasn't done much of that. That changed last night at the 2011 Crunchies, with Jack Dorsey, Path and Google+ winning big. Path's story hits home the most for me.
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Hey Look! It’s A Square iPod Nano… With A Camera! Man, it feels like it's been forever since the last time we've seen a seemingly legit Apple leak. Maybe they've tightened the security around the factory lines; maybe it's because the last two major hardware releases were mostly indistinguishable from their predecessors at a distance, and were thus rather hard to photograph properly. Whatever the case, Chinese Apple blog Apple.pro has shots of what might be the next generation iPod Nano. It looks just like the current itty-bitty 6th generation ...
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BlackBerry Users Least Likely To Score On The First Date… In Canada, Mind You You've heard of Match.com, right? It's a dating site much like OkCupid or eHarmony, and from the bowels of the website's collective online dating profiles, a company called Zoomerang harvested an interesting bit of data regarding who gets laid and which phones they own. In Canada, mind you. According to the study, BlackBerry users are the least likely to hook up on the first date, scoring just 48 percent of the time. In Canada, mind you — you know, where RIM is based. Meanwhile, Android ...
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Swarming Robots Will Fly Menacingly Towards Your Loved Ones In Perfect Formation This video is making the nerd rounds today and it's pretty amazing. It shows a set of quadrocopters first righting themselves after a catastrophic failure and returning to a certain point (the scientists throw the little guys into the air and they turn over and fly back to their hands light frightened starlings) and then we see how these monsters can fly in formation around obstacles and through windows.
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Microsoft Updates Kinect Hardware For Official Windows Release We've known for some time that Microsoft would be bringing official Kinect support to Windows this week, but one thing they kept quiet was the fact that they'd be debuting a new version of the hardware as well. It's not tiny, as some hoped, or built into the bezel of a laptop, as we know it will be eventually, but it does improve on the original in a few ways.
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Stealth Startup Numecent Raises $2 Million Series A For “Cloudpaging” Technology Numecent, a stealth startup building a patented "cloudpaging" technology, just raised $2 million in Series A funding from undisclosed corporate investors. The $2 million tranche is a part of a larger $10 million funding round, and is in addition to the $7.5 million in seed funding the company has already raised from private investors. Exact details as to what Numecent is developing are not known, beyond a general description of what "cloudpaging" means, as provided by the company.
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Wahooly Launches Its Crowdfunding Experiment With First 3 Startups Ready For “Social Capital” There's an interesting experiment afoot in the startup community, which poses the following questions to entrepreneurs: Would you be willing to trade equity in your startup in return for social media buzz, and customer feedback? How much, if any, would you fork over? Minneapolis-based startup called Wahooly is both asking those questions -- and proffering a few answers.
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Bebo Apologizes For Downtime: “We’re Not Going Anywhere” When social network Bebo went down on Monday, what seemed like a flood of distraught users concluded that the site must be shutting down, and they took to Twitter to commemorate it. Instead, the downtime turned out to be the result of technical problems. The site was down for about 20 hours, and now the company is about to post an apology, advertised site-wide through the banner ad above. We've obtained a copy — CEO Adam Levin explains that the team was working on some new features and accide...
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Nintendo Partners With free-hotspot.com For Free 3DS WiFi Access Across Europe The Nintendo 3DS just got a bit more connected. The gaming company has teamed with free-hotspot.com to provide 5,000 access points to 3DS owners throughout 22 European companies. 3DSs can now hop online while abroad at various locations including McDonalds, Burger King, KFC, Subway, Ibis Hotels and Etap Hotels. US gamers have enjoyed free hotspot access for sometime now. Nintendo partnered with AT&T to allow access at their hotspots and then late last year, Nintendo struck with Boingo in la...
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Picture Messaging App Zlango Hits 1 Million Android Users Four Months After Launch Zlango, a goofy but fun icon-based text messaging app, just hit one million U.S. users on the Android platform only four months after launching. Backed by Accel and Benchmark Capital, the app originally arrived in the U.S. market in October 2011, following the opening of its San Francisco-based offices. In total, Zlango now boasts over 5 million users worldwide, the company reports.
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Pro Tip: Don’t Pivot Your Way Into Irrelevancy They say news is what happens to the editor on his way to work, so here's some news: podcast distributor Mevio has apparently pivoted right out of the game. The company hosted a number of well-known webcasts including, for a long time, the late GeekBrief.tv. I used the service for about two years to host my own podcast and was quite happy with the service, as were a number of other users I spoke to. This weekend the Mevio suspended a large number of their "customers" (the service was free but t...
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Google Mobile Search Ad Requests More Than Doubled In 2011 As more and more consumers user their smartphones for search, Google's mobile search and display ads are growing like crazy. As we reported a few weeks ago, Google’s mobile ad revenues are expected to more than double from an estimated $2.5 billion last year to $5.8 billion in 2012. And today, Google is revealing a number of new data on the growth of mobile search ads and formats. Google's lead product manager for mobile search ads, Surojit Chatterjee, tells us that in December 2011 mobile se...
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Deadpool Alert: Google Wave Goes Read-Only Everyone out of the pool! Google is shutting it down. As announced late last year, Google Wave is now in the final stages of its life and became read-only yesterday. Come April 30 the Wave pool will be shut down forever. It was fun while it lasted.
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Ad Retargeter AdRoll: We Quadrupled Revenue Last Year, Now Profitable As online ad retargeting becomes more ubiquitous, retargeting startup AdRoll says it's growing quickly. The company wasn't willing to reveal exact revenue numbers, but it did share some statistics about its growth. AdRoll says it saw revenue grow 414 percent, while ad impressions served increased 400 percent. The company says it tripled the number of advertisers that it's working with 2,193 new accounts added for a total of 3,500. And it's profitable.
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With Redesign, Foodspotting Aims To Be The Pandora For Food CEO Alexa Andrzejewski would like you to know some things about Foodspotting: It's not just for sharing food photos. And it's not just for foodies. Andrzejewski has been saying this for a while now, but with the redesigned Foodspotting app launching today, she has a much stronger case. It offers what she calls a "Pandora-like" interface for recommendations, hopefully making it easier for users to find the food that they'll like.
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The Trade Show Is Dead: Samsung Not Launching Galaxy S II Successor At MWC The Samsung Galaxy S II successor will not be in attendance at Mobile World Congress. The company issued a statement this morning indicating that the phone will get its own event, one that's closer to its launch date. But don't worry that much for MWC. Samsung will still debut "exciting new mobile products." But just not the exciting new mobile product. Samsung is smartly holding its best cards until the time is right.
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Garage Sale App Rumgr Raises $500K From Zappos CEO (And Others) Three Zappos alums are trying to replicate the garage sale experience on your smartphone — and their startups Rumgr just raised a $500,000 seed round from a group of investors that includes Zappos CEO Tony Hsieh. Co-founder Dylan Bathurst said the basic idea came from his own attempts at selling furniture before a move. When users open the app, they're presented with a list of goods that people nearby are offering for sale. If they see something they like, there's a public chat associated wit...
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AOL Beats The Street, Q4 Revenue Down 3 Percent To $577M AOL reported better than expected fourth quarter earnings this morning. The company, which owns TechCrunch, reported revenue of $576.8 million, which is down 3 percent from Q4 2010 revenue of $596 million. Earnings came in at $0.23 per share, or $22.8 million, which is down 66 percent from $66.2 million a year ago. Analysts expected $0.16 per share. AOL says total revenue decline was its lowest rate of revenue decline in 5 years. While global advertising revenue was 10%, subscription revenue d...
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Ecommerce Platform Shopify Acquires Mobile App Development Studio Select Start Shopify, which provides a turnkey e-commerce technology that lets anyone create a storefront online, has acquired mobile app and game studio Select Start Studios. The acquisition will be used to further Shopify's mobile commerce initiatives. While all Shopify stores already include mobile optimized storefronts and checkouts, the acquisition of S3 will bring over 20 new mobile-focused engineers to the Shopify team to continue developing mobile offerings for merchants.
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Mint.com Launches Android Tablet App Mint.com, the financial service we first mentioned at TechCrunch40 in 2007 (wow, that seems like a long time ago), announced that they have launched a new native app specifically for 9 and 10 inch Android tablets running Honeycomb and Ice Cream Sandwich. This new app, available in the Android Market, will join the previously available versions for iPhone, iPad and Android mobile phones. Curiously, there is no mobile web version (that I have been able to find).
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The Birth Of An American Giant—Basic Clothing Sold On The Web Nothing is made in this country anymore. In terms of actual manufacturing, America is increasingly at a disadvantage. The logic of the global economy moves jobs overseas. Get used to it, we are told. Well, Bayard Winthrop thinks the conventional wisdom is wrong. He wants to bring manufacturing back to America, in the apparel industry, no less! His clothing startup, American Giant (gotta love the name), launches today. American Giant is starting small, with a line of basic sweatshirts made in Br...
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Facebook’s Revenue Growth Strategy: Ad Targeting By In-App Behavior Facebook has an answer to those wondering how it will justify its IPO price and keep revenues growing as it saturates key markets: a new behavioral ad targeting system. Facebook has been quietly rolling out the beta of "Open Graph action spec targeting" which allows advertisers to target users by what they listen to, where they travel, what they buy, and other in-app activity. These behaviors can more accurately denote conversion potential than a user's biography or interests, That means Open...
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Wunderkit Launches Beta For Its Wunderbar-designed Productivity Platform Berlin-based startup 6Wunderkinder has just launched their private beta for their productivity suite Wunderkit. This is an extension to their simple, yet well designed task list manager Wunderlist, which was acclaimed both by early adopters and users. With Wunderkit the startup is now taking a next step. They've stuck to the user experience that, while beautifully crafted on the one hand is surely tricky to get used to, and have taken their core task manager several steps further by wrapping a ...
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Best Overall Startup Dropbox Looks To The Future Dropbox took home two of the big awards at this year's Crunchies: Best Cloud Service and Best Overall Startup. Both times, CEO Drew Houston came backstage to talk about the company's growth and its future. When asked about what he's planning for 2012, Houston offered some very broad thoughts, saying that "one of the most exciting things that's happened" recently is the explosion of devices that peopel can use to access Dropbox from. So when he looks to the future, he says one of his big goals i...
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LinkedIn CEO Jeff Weiner Says IPO “Didn’t Really Change Anything” LinkedIn's Jeff Weiner won this year's Best CEO award at the Crunchies, and backstage he talked about LinkedIn's big milestone from the past year — its IPO. "The event itself was memorable, but for us it was really just a stepping stone," Weiner said. It's a common theme from Weiner's interviews before the IPO, when he would dodge questions about the timing and emphasize that it was just another step in the company's growth. This time, Weiner added that he's proudest of the fact that "for us,...
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Videoplaza Secures $12 million For Ad Platform Led By Qualcomm, Innovacom With the huge rise in the consumption of online video it follows that services to monetize that video are becoming hot properties. To that end, today Videoplaza, a 'sell side' ad management platform for video, has secured a Series B round of $12million led by Qualcomm Ventures and Innovacom. The company previously received rounds from VCs Creandum and Northzone, which also participated, which means VideoPlaza has received $18 million to date.
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And The Crunchie Goes To…Pinterest, Best New Startup Of 2011 Online pinboard Pinterest, the hot new startup that's growing at a phenomenal rate, won the Crunchie for the Best New Startup of 2011 at this year's Crunchies. (This, despite the fact that it actually launched in 2010). The reason? Crazy, crazy traffic and growth. In November, the site had reportedly seen a 2,000% increase in pageviews, according to comScore. That wasn't year-over-year growth, mind you, but the increase Pinterest had seen since June. At 421 million pageviews, the site had alr...
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Daily Crunch: Fine Tune Here are some recent posts on TechCrunch Gadgets: Peavey Builds An Auto-Tuning Guitar FlatFrog Offers Up A New Multitouch Table Self-Guided Bullet Could Strike Laser-Designated Targets From A Mile Away Years After Being Dropped, ZFS Finds Its Way Back To The Mac Apple Is Totally Serious About That Stuff They Put At The End Of Their Emails
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Jack Dorsey Defends Twitter’s Tweet-Level Censorship After Twitter creator, executive chairman, and product lead Jack Dorsey accepted the company's award for Biggest Social Impact at the Crunchies, TechCrunch's Alexia Tsotsis asked him about a recent, controversial decision to block individual tweets on a country-by-country basis. Will that hurt Twitter's ability to make a positive impact on the future?
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Imgur Wins Best Bootstrapped Startup, Sees 1 Billion Pageviews Per Month Here at the 2011 Crunchies, Imgur, the photo-sharing site made popular by the Reddit community, won the category of "Best Bootstrapped Startup." And given the traffic numbers the startup is seeing, it's easy to see why. According to Founder Alan Schaaf, the site sees 30 million uniques per month and a billion pageviews. (Yes, a billion!)
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Congratulations Crunchies Winners! Dropbox Is The Best Overall Startup This year’s fifth annual Crunchies Awards have just finished up at the classy Davies Symphony Hall in San Francisco, and it was a smashing success. We poked fun #humblebraggers, got cussed at by Siri, honored former TechCrunch CEO Heather Harde, and gave wild monkey trophies to tech's greatest innovators. If you missed the event or our livestream, check out the full list of nominees and winners below.
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Omniture Co-Founder’s Business Intelligence SaaS Company Domo Lands $20M From IVP Domo, the SaaS business intelligence startup launched by Omniture founder Josh James, has raised $20 million in new funding from Institutional Venture Partners (IVP). This round brings total investment in Domo to $63 million. Previous investors include Benchmark Capital, Andreessen Horowitz, Ron Conway and David Lee of SV Angel, and Hummer Winblad. As you may remember, Omniture is a web analytics SaaS company that went public and was subsequently bought by Adobe in 2009 for $1.8 billion. Last y...
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Watch The Crunchies Awards Live [Video] We’re live at The Crunchies Awards at Louise M. Davies Symphony Hall in San Francisco. Once again we’ve partnered with fellow blogs VentureBeat and GigaOm to celebrate the best technology achievements of 2011. Those of you at home can watch the live stream here. The show starts at 7:30 pm.
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What Recession? Razer’s $2800 Blade Gaming Laptop Sells Out In 30 Minutes For months we've been waiting on Razer's Blade notebook, a $2800, 17-inch beast that we weren't sure whether to laud or mock. It's just that it's kind of a strange thing to see making a big debut when people are more cautious than usual with their money, and PC gaming (as ever) is being declared dead. But after our hands-on at CES, we were convinced that it was at the very least impressive and well-built, and apparently enough other people thought so that Razer sold out almost immediately.
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Years After Being Dropped, ZFS Finds Its Way Back To The Mac Two weeks ago, the excellent Building Windows 8 blog posted an in-depth look at the upcoming operating system's new file system, ReFS. It reminded me of the promise of so many years ago that OS X would be changing its file system from HFS+ to ZFS. Not a promise many remember or even cared about at the time, but it was, in fact, important. ZFS support was dropped amid development and legal problems, but Don Brady, who was heading up the file system transition team at Apple, left to pursue it ind...
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CFO Defends Amazon From Analyst Skepticism Investors seem pretty disappointed with Amazon's fourth quarter results (as of 3pm Pacific, the company's stock is down 8.6 percent in after-hours training), yet for most of this afternoon's analyst conference call, that disappointment was largely hidden in the normal stream of numbers and financial terminology. Finally, a few minutes before the call ended, one analyst asked CFO Tom Szkutak to directly address the concern that earlier questions had hinted at — namely, that the company seems to...
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Amazon: Video Game Revenue Down, Physical Book Sales Up Amazon CFO Tom Szkutak offered more details this afternoon during an analyst earnings call about the company's disappointing fourth quarter When it comes to physical media, Szkutak said the biggest hit to revenue came in the area of video game sales, which includes both console and game sales (but not games sold digitally, say from Amazon's app store). Even though he didn't offer specific numbers on that front, he noted that video games sales are seasonal and normally take a big leap in the las...
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Self-Guided Bullet Could Strike Laser-Designated Targets From A Mile Away You might remember the scene in The Hurt Locker where some soldiers are ambushed by a sniper and must do a little return sniping. That process of spotting, adjusting the sights, and altering the bullet's ballistic trajectory bit by bit and degree by degree may soon no longer be necessary: Sandia Labs has developed a bullet with a built-in processor that guides its own flight via tiny adjustable fins. The idea is that the bullet would go exactly where it was meant to go, and not deviate from the...
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Apple Is Totally Serious About That Stuff They Put At The End Of Their Emails Welcome, kids, to TIL - Today I Learned. Today's TIL is "Don't post your correspondence with AppleCare representatives or Apple will totally tell the government on you." David Boles had a nice Apple monitor that died on him. He had a little trouble transferring AppleCare coverage to his new monitor after it pooped out and so he posted some advice on his blog. Nothing major, just "don't forget to connect your AppleCare accounts." Very innocuous.
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Reuters: Facebook IPO To Raise $5B, Filing Wednesday, Morgan Stanley In Lead The drip-drop of financial news about Facebook's impending initial public offering is starting to turn into a downpour. The company is planning to file its initial prospectus on Wednesday morning, Reuters is reporting, with the intention of raising a conservative $5 billion. The report, through Reuters subsidiary International Financing Review, also answers the question of which bank will lead -- Morgan Stanley. The others will include Bank of America Merrill Lynch, Barclays Capital, JP Morg...
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Steam Mobile Apps Graduate From Beta, Now Open To All Gamers I know I say this a lot, but man that was fast. Valve's new pair of Steam mobile apps have been in their respective marketplaces for less than a week, and already they have graduated from beta status. That means that you, Mr. or Mrs. Game Enthusiast, will be able to sign into your Steam account on your iOS or Android device right now and begin chatting your far-flung friends or ogling new deals.
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Peavey Builds An Auto-Tuning Guitar Guitar-maker Peavey has teamed up with audio electronics experts Anteres to create an auto-tuning guitar. While these things aren't new - Gibson has had robotic tuners for a while - this system is unique in that it senses and corrects the pitch of the strings regardless of tuning, which means you can do all sorts of interesting tricks with vibrato even in what would amount to be an untuned guitar.
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Amazon Misses; Q4 Net Income Down 58 Percent To $177M; Sales Up 35 Percent Amazon has just released fourth quarter 2011 earnings, missing sales expectations but beating earnings estimates. Net income decreased 58% to $177 million in the fourth quarter, or $0.38 per diluted share, compared with net income of $416 million, or $0.91 per diluted share, in fourth quarter 2010. Net sales increased 35% to $17.43 billion in the fourth quarter, compared with $12.95 billion in fourth quarter 2010. Analysts are expecting earnings of $0.17 cents a share on revenue of about $18.3 ...
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FlatFrog Offers Up A New Multitouch Table We saw a few touch-tables at CES, and while the Surface remains the gold standard, not everyone loves the price, form factor, or size. There's room for competition, and FlatFrog, based in Sweden, is hoping to break into the market with a new 32" device. When it comes to touch, there are a few different methods of detecting fingers and objects. Most common now is capacitive, which is on most smartphones. Then there's resistive, which isn't quite as responsive. Samsung created one for the new Sur...
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Facebook News Feed Bug Announces “This Group Is Scheduled To Be Archived” Wait, what group? A bug has caused a significant percentage of Facebook users to see a message atop their news feed announcing "This group is scheduled to be archived". But don't worry, your news feed is safe. The alert shouldn't have appeared there, and only belongs on old groups set up prior to October 2010 which Facebook is migrating to the new format used today.
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London Implements “Smart Bins” Before 2012 Olympics I'm not sure how I feel about this. The object you're looking at right now is what the city of London calls a "smart bin." Built by Renew, the smart bins are being installed on the streets of London and have two massive LCD screens slapped on the sides. According to the Daily Mail, the screens will display news from the Economist and stock quotes.
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Jaja: A Pressure Sensitive iPad Stylus With A Clever Twist "Who Wants A Stylus?" - Steve Jobs, MacWorld 2007 As it turns out, plenty of people do. Not for navigating around the user interface, mind you — Steve (et al.) was absolutely right about that. But for the artists of the world looking to use the iPhone or iPad as their newfangled portable glass canvas, the stylus wins over the finger any day. And yet, the myriad iPad styluses floating about generally lack something that artists have come to expect of their digital pens: pressure sensitivity....
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For Those About To Rock, WooThemes Launches A WordPress Theme For Bands Woothemes has just announced a new theme for musicians called Unsigned. To build the theme, the company worked with band managers and promoters as well as real, actual musicians in order to make a "rockin'" theme that is both "classical" and "jazzy" with a little but of "afro-beat" thrown in. The theme includes modules for events, discographies, and SoundCloud comparability for uploading music. You can also use a sales widget to sell music and merch instantly. The theme supports "tours" and eve...
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iOS Game Design This Home Lets You Construct And Create Your Dream Abode Design This Home, the latest game title from iOS game development studio App Minis, is debuting as a new way to add gaming elements to designing your dream house, keeping your residents happy, and completing tasks. As App Minis founder Alex Ahlund explains, "Think The Sims with a greater emphasis on home decor and design." Design This Home, which is currently available for download in the App Store, allows you choose from a number of architectural styles of homes including modern, traditional, ...
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Introducing The iPnoho 6 Meet the future, everyone: The iPnoho6. Steve Jobs would be proud. This Shanzhai special isn't even an iPhone clone. It doesn't deserve that honored distinction. This is an IPDA as it's labeled on the front under the small screen and next to the large Apple logo. Around back are two large speakers and yet another Apple logo -- because, you know, two Apple logos equates to twice as much fun. The only thing that's missing from this IPDA is an iStylis.
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Better Business Bureau Calls Out LG For False Advertising You can't believe everything you read, nor can you trust everything you hear on TV. Especially if it sounds something like "four out of five people choose LG Cinema 3D over Sony and Samsung for overall 3D experience." Apparently the Better Business Bureau (more specifically the National Advertising Division) "has recommended that LG Electronics USA discontinue advertising claims made for the company’s Cinema 3D Television and 3D glasses." Back in June of 2011, LG sent out a press release c...
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Good DRM Makes Bad Neighbors: This Is The Content Protection Tipping Point For people who have been doing just one thing for a long, long time, it's amazing how many content distributors get things so catastrophically wrong. These last few weeks brought us quite a few unique situations, including the launch of Apple's iBook Author software as well as a number of announcements from the studios to withhold streaming rights for Netflix viewers. Cory Doctorow points to a particularly delightful bit of DRM making the rounds in publishing right now, something that will be f...
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Dining Out? Mogl Grabs $10 Million For Its Gamified, Charitable Loyalty Program Would you like some gamification with your french fries? Well, one San Diego-based startup is willing to bet you just might. Mogl, which describes itself as not only "a party in your wallet" but also a "four letter word you can say in front of your grandma," wants to turn you into a loyal customer at your local restaurants. Said another way, Mogl is using gamification and a bit of charity to increase engagement and the enjoyability of customer loyalty program for restaurants -- all while on the ...
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Ben Horowitz: “It Took About 3 Weeks” To Raise Our $1.5 Billion Fund Andreessen Horowitz is definitely killing it these days. The unconventional VC firm founded by Marc Andreessen and Ben Horowitz is less than three years old, but just raised its third fund. The amount raised: $1.5 billion. That puts Andreessen Horowitz in the rarified realm of only a handful of VC firms with funds of that size. And how long did it take to raise all that money? "It took about 3 weeks of actual fundraisng activity," Horowitz tells me. It took longer to do the actual paperwork—...
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Keen On… Susan Cain: The Power Of Introverts (TCTV) It was, of course, inevitable. After book after book explaining the importance of being forward, of aggressively networking and noisily self-promoting ourselves, the correction has finally arrived. And it comes in the shape of a stimulating new book by Susan Cain entitled Quiet: The Power of Introverts. So enough with the extroverted ideologues of self-promotion like Gary V, Chris Brogan and Seth Godin. It's Susan Cain time now. Quiet. The hour of the introvert has finally arrived.
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Extreme Startups Launches Accelerator With $7 Million In Funding From Top Canadian VCs Not to be outdone by its southern neighbor, Canada has been hard at work on its own fleet of tech startup accelerators. Back in June, Montreal became the home to FounderFuel, Vancouver has GrowLab, and Toronto had Extreme University. Well, let's clarify that: Back in November, Extreme Venture Partners announced the launch of a new-and-improved version of its accelerator program, ExtremeU. Today, ExtremeU has officially gotten a makeover, as it has been rebranded and expanded under the name Ext...
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RIM Bolsters Marketing Efforts With Some Silly Cartoon Characters Update: RIM updated their blog to state that the images and characters in question are were meant to be a bit of fun, and not the vanguard of the company's new marketing plan. Way back in December, before a management shakeup saw him and his partner leaving RIM's top posts, co-CEO Jim Balsillie lamented the state of the company's marketing efforts. They hadn't "achieved the desired results" as he put it during RIM's Q4 earnings call, and promised big things to come on the marketing front come 2...
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Jason Kilar: Hulu’s 2011 Revenues Of $420 Million Was Actually Above The “Board Plan” Last year, Hulu brought in $420 million in revenues, with was 60 percent above the year before. The news, however, was seen as a miss because Hulu earlier in the year suggested that it would make $500 million. Today at the D: Dive Into Media conference, CEO Jason Kilar defended his record, revealing that "our board plan was $408 million." So Hulu came in above the internal goal it had set for its board.
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CardSpring Raises $10 Million To Connect Payments To The Web We measure every last click when it comes to the Web, but there remains a gulf between online and the real world. Yet the online world increasingly drives behavior offline, especially when it comes to purchasing habits. How many times have you researched something online or on your mobile phone before buying it? Yet when you go to a store to buy it, everything you did online might as well disappear as far as the merchant is concerned. It doesn't have to be that way. The last mile in local comme...
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You Stopped SOPA. Now Let’s Startup America In recent weeks, Americans from all walks of life came together to stop SOPA from advancing through Congress, demonstrating the power of the Internet to rally people around an important cause. In the weeks ahead, we have reason to rally again. This time, the goal is not stopping something bad, but starting something good. Specifically, ensuring that America builds on its legacy of innovation, and remains the world's most entrepreneurial nation. Earlier today, President Obama unveiled his Start...
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GreenCharge App Reveals Cost and Carbon Savings To Electric Car Drivers Electric car drivers deserve to see their positive impact on the environment and their wallets, but the official mobile apps for the Nissan LEAF and Chevy Bolt only display remaining battery. GreenCharge is a new iOS app released today that displays your car's remaining charge, but also its current range, the local energy price, a log of its usage, and your cost and carbon reduction versus driving a gasoline vehicle. Finally, an app that shows how you're saving both kinds of green.
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Artspace Raises $2.5 Million For Its Contemporary Art Marketplace Artspace, an e-commerce startup that helps connect contemporary artists and galleries with potential customers, has raised a $2.5 million Series A funding round with participation from Felicis Ventures, Accelerator Ventures, Blue Equity LLC, and Metamorphic Ventures. The round also includes a wide range of accomplished entrepreneurs. The full roster: Michael Yavonditte (Hashable, Quigo), David Rosenblatt (1stdibs.com, Doubleclick), Dave Morgan (Simulmedia), Seth Goldstein (turntable.fm), Thomas...
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Super-Slim HTC Ville Spotted On Video With Sense 4.0 In Tow News of HTC's forthcoming Ice Cream Sandwich-powered Ville has been making the rounds since last November, but now with Mobile World Congress less than a month away, we're finally getting our first real look at it. HTC-Hub has managed to get their hands on a pretty extensive hands-on video, and it looks like the Ville is shaping up to a pretty impressive mid-range device.
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TrialPay Raises $40 Million From Visa, Greylock, T.Rowe Price Offers are a booming form of advertising in which consumers are presented with offers to try or buy products. It is particularly popular in social games where players receive virtual currency in return for looking at the offers. One of the leaders in this form of ecommerce advertising is TrialPay, which just raised $40 million from Greylock Partners, Visa, T. Rowe Price, DAG Ventures, DFJ Growth and QuestMark Partners. The series C round brings TrialPay's total funding to $56 million.
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Andreessen Horowitz Closes $1.5 Billion New Fund Last week, we heard from Evelyn Rusli at the New York Times that Andreessen Horowitz was in the process of raising $1.5 billion for the venture firm. Today, partner Ben Horowitz has confirmed that the fund has closed, bringing Andreessen Horowitz's total funding under management to $2.7 billion. The firm says that the $1.5 billion was raised for its Fund III. “a16z’s Fund III is all about extending our capabilities to more disruptors and pioneers,” said Horowitz in a release. “We’re r...
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New Accelerator Launches In Europe Offering Valley Road Trip Accelerators, Accelerator, Accelerators! There's a rash of them appearing everywhere, and the latest is the Rockstart Accelerator, a new startup program aimed at Europe’s most promising startups that want to hit a global scale (but then don't they all?). However, this one has some credible partners in the shape of Google, Microsoft BizSpark, Mozilla WebFWD and StartupHouse in San Francisco. Oscar Kneppers, founder of Rockstart says the program is for startups from the whole of Europe. Based i...
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Shopkick: We Helped Drive More Than $110M In 2011 Revenue For Brands And Brick And Mortar Retailers After recently announcing the milestone of 3 million active users, geo-coupon system a Shopkick is revealing that its mobile app helped drive more than $110 million in-store revenue for partner retailers and brands in 2011 in its first full year operating the app. Shopkick, which is backed by Kleiner Perkins, Greylock, SV Angel and others, provides an in-store, location-based mobile shopping platform, Instead of checking in, as you would with a geo app like Foursquare, Shopkick automatically re...
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E-Commerce Site For Household Goods Alice.com Raises $3.6 Million Alice.com, the retail platform for household goods, has raised $3.6 million in funding from an undisclosed group of Spanish investors. This current round brings the total funding amount raised by Alice.com to $18.2 million. Launched in June, Alice.com's retail platform allows consumer packaged goods manufacturers, like Procter & Gamble, to sell directly to consumers instead of going through retail channels like Target or Wal-Mart.
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Dealfind Expands Into Luxury Goods With “Dream Deals” Toronto-based deal provider Dealfind is expanding into luxury goods with the launch of a new service called Dream Deals. Starting now, in addition to Dealfind's everyday and weekly deals, customers will also get "surprise" Dream Deals, which involve deeply discounted retail goods.
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Appafolio Lets You Make Native Multimedia Presentations On iOS Like how there are all sorts of companies offering tools to let you build your own web site today, a new wave of them is doing the same thing for mobile apps. Appafolio stands out among the various options because it lets you create a polished native presentation for iOS without having to do any coding. Instead, you either download the Appafolio app (here) or use its web site to select the text, icon and images you'd like to feature. The interface reminds me of setting up a Powerpoint presentat...
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IBM Buys HTML5 App Development Company WorkLight For $70M To Expand Mobile Enterprise Services IBM just announced the purchase of WorkLight, an Israeli startup that provides a mobile app development and infrastructure software. IBM says the acquisition will help expand the enterprise mobile capabilities it offers to clients. Financial terms were not disclosed but we've heard that the acquisition price is around $70 million, according to Israeli publication Calcalist. WorkLight, which has raised $18 million in funding, allows organizations develop and deliver HTML5, hybrid and native appl...
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Location Labs’ Safely Family Locator Hits 1B Location Checks, Partners With T-Mobile Location Labs' Safely, which provides mobile services that help parents ensure the personal security kids' mobile phones, is revealing that its Safely Family Locator has enabled more than one billion family safety location checks since inception. These “locates” have been initiated by Family Locator subscribers across millions of child phones on carriers such as T-Mobile, Sprint, and AT&T. Location Labs is also debuting Family Check-In, the newest offering in the Safely suite of digital...
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iOS App Downloads & Marketing Costs Hit Record High In December Mobile app marketing company Fiksu just released new data revealing the impact the holiday season had on iOS app downloads and user acquisition costs. According to the company's App Store Competitive Index, a measurement of the average aggregate download volume of the top 200 free U.S. applications, December saw 6.04 million daily app downloads. That's a nearly 7% increase from November's 5.65 million, and a clear indication of how many folks were unwrapping new smartphones during the holiday ...
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Log Data Management And Analytics Startup Sumo Logic Raises $15M From Greylock And Others Sumo Logic, a startup focused on enterprise log management and analytics, has raised $15 million in Series B funding round led by Sutter Hill Ventures, with participation from previous investors Greylock Partners and angel investor Shlomo Kramer. The new funding brings the startup’s total venture capital backing to $20.5 million. Today, Sumo Logic emerged from stealth to unveil its log management and analytics platform, aiming to help companies to uncover operational and security insights bur...
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GeeknRolla Rocks Into The London Web Summit, March 19 Way back in 2009 there was no large event dedicated to technology startups in the UK. TechCrunch, under Mike Arrington, was busy trying to get its TechCrunch50/Disrupt programme going in the US, and outside of local meetups, the TC event juggernaut still had yet to arrive in Europe. My friend and colleague Robin Wauters was doing Plugg in Brussels, but there wasn't a startup event in London. So I launched a personal project, an event I called GeeknRolla, the name for which I literally dreamt up ...
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On The Heels Of Nabbing 7 HP Execs, Cyber Security Startup AlienVault Raises $8 Million Two weeks ago, we covered a fast-growing security startup called AlienVault, which had just stolen seven senior HP security executives. At the time, Barmak Meftah, who left HP Fortify to become president and chief executive at AlienVault told us that the allure was the startup's technology, which he said is "one of the more widely-deployed Security Information and Event Management (SIEM) on the market."
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MEDIAS ES N-05D: NEC’s New Android Phone Is 6.7mm Thin, Connects To Casio’s G-SHOCK GB-6900 NEC did it again: about 11 months after unveiling the world's slimmest smartphone at that time, the company is ready to release another super-thin Android phone with a set of impressive specs (via Japan's biggest mobile carrier NTT Docomo). Dubbed MEDIAS ES N-05D [JP], the handset will hit Japanese stores in February or March this year. NEC rolled out quite a few Medias-branded Android phones in recent months, but this model is just 6.7mm thin and has the best specs.
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Daily Crunch: Wraiths Here are some recent stories on TechCrunch Gadgets: nanox: High-Quality iPod nano Watch Conversion Kit WiGig: Panasonic Tablet Wirelessly Transmits A Full DVD Video In 60 Seconds (Video) Flying People Spotted Over New York City…Film At Nine
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Salesforce Launches Assistly-Powered Social And Mobile Customer Service Platform For SMBs, Desk.com Last September, Salesforce bought social customer service SaaS startup Assistly for $50 million-plus to help expand its service cloud offerings to small businesses. Today, Salesforce is debuting a brand new Assistly-inspired social and mobile customer service platform for small businesses, called Desk.com. As you may remember, Assistly helped companies collect and organize all of their customer conversations into a prioritized actionable list and equips support staff with the tools to respond t...
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Dot429: A Fast-Growing, Multi-Platform LinkedIn For The Gay Community When it comes to networking, there is no shortage of ways to connect with other professionals to talk shop. LinkedIn has become the most popular professional networking platform, with over 100 million users using the site to post their work experience, look for jobs, and connect with prospective employers. Facebook, too, has its own professional social network in BranchOut, or you can try startups like Identified or just go for some good old fashioned meetups.
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T-Mobile Plans To Limit Domestic Data Roaming On April 5 If you tend to play on the magenta network, a leaked document out of T-Mobile may require your attention. According to TmoNews, the carrier will impose new rules for domestic data roaming on April 5. Instead of the unlimited data goodness you've likely grown accustomed to, the carrier will cut you off after you burn through an allotted amount of data. Here's how it'll work:
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Twitter’s Dick Costolo: “We’re Growing Faster Than We Have Ever Grown Before” Does Twitter need Google or does Google need Twitter? It's a question complicated by recent events, such as the two companies not coming to an agreement to extend their previous partnership through which Google showed Tweets in search results. That deal wasn't renewed,and then Google decided to promote its own Google+ results in search, which didn't go over well with Twitter at all. Asked about this at by Peter Kafka at the D: Dive Into Media conference this evening, Twitter CEO Dick Costolo r...
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Hey, Bromasters, Take Your Kenu Highline On The Slopes When You Shred So you want to take a photo of you and your buds on the slopes or at the bar or at A&F or whatever and you know, just know you're going drop that shnitz on the floor. So what do you need? A freakin' Kevlar cord, Mr. Brojangles. That's what you need.
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