FDA To Review Inhalable Caffeine
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The Smartphone In Your Pocket Is A Multifunction Buying Machine
Tomahawk, the Most Important Music App Nobody?s Talking About
Rapportive Announces Acquisition By LinkedIn, (Basically) Confirms $15M Price
After reports earlier this month that LinkedIn was buying contact management service Rapportive, the startup just published a blog post confirming that yes, it has been acquired.
For those of you who don’t use it, Rapportive is a Gmail plugin that shows you the latest social network updates from whoever you’re corresponding with. (I’ve gotten so used to seeing the Rapportive window next to my emails that I sometimes forget that it’s not a default part of Gmail.) And if you’re a Rapportive user who’s worried that the deal will follow the pattern of so many other startup acquisitions, it sounds like LinkedIn won’t be shutting Rapportive down. CEO Rahul Vohra says:
Over the last two years, Rapportive has become an essential product for folks all around the world. When rumours of our acquisition surfaced last week, many asked what was going to happen to the product. Well, we have fantastic news: at LinkedIn, we will support Rapportive, and we will continue to build beautiful products that make you brilliant with people.
The blog post also includes a section titled “The Future,” though Vohra doesn’t say anything specific about what new things he’ll be working on at LinkedIn. He does say that the Rapportive vision involves building products that “you don’t have to remember to use” (italics his) and that become “an intrinsic part of the tools you use every day.”
After AllThingsD broke the news, TechCrunch’s Alexia Tsotsis dug up the fact that the deal was for $15 million in cash. When I asked Vohra today if he had any comment on Alexia’s story, he said, “Yeah — which of our investors were bragging ?”
Speaking of investors, Rapportive raised $1 million from Charles River Ventures, Paul Buchheit, Scott Banister, Jason Calacanis, Gary Vaynerchuk, Dharmesh Shah, Shervin Pishevar, Roy Rodenstein, Kima Ventures, Zelkova Ventures, 500 Startups, Michael Zirngibl, Ashish Soni and David Cancel.
Keen On… Gracenote: How To Make Data Pay In The Music Business (TCTV)
While the early history of the Internet is littered with the corpses of music start-ups, not all digital music companies have failed. Take, for example, Gracenote. Founded in 1998, the Berkeley based company was sold to Sony in 2008 for $260 million and is one of the real pioneers of the evolving digital economy. Gracenote has built its business out of maintaining and licensing a massive (currently 100 million tracks) database of information about music. And today, Gracenote – with its 350 employees in Europe, the US and Asia – is expanding into licensing digital data for video and television content.
Last week, at SFMusicTech, I sat down with Ty Roberts, Gracenote’s co-founder and current CTO, to learn more about his company’s past and future. The experienced data mogul was particularly wise on our uses and abuses of data, warning that a failure to respect user’s data (Path, Facebook, Google, Twitter et al) is not only immoral but also bad business practice. And Roberts also offered some sagacious advice to music executives, arguing that traditional, file based information no longer has much value and that there was a need to radically change the way in which music is both packaged and sold to consumers.
My conversation with Roberts is part of an extended series of interviews about the current state of the online music industry that I conducted last week at SFMusicTech. Other interviews include the Grateful Dead’s Bob Weir, BitTorrent inventor Bram Cohen and Stageit CEO Evan Lowenstein.
PSVita Released In the USA and Europe
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Wired Opinion: The Geek Shall Lin-herit The Earth (Or At Least The NBA)
Is It Time For NoSQL 2.0?
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Mozilla Labs Apps set to allow developer submissions for Mozilla Marketplace at MWC
Continue reading Mozilla Labs Apps set to allow developer submissions for Mozilla Marketplace at MWC
Mozilla Labs Apps set to allow developer submissions for Mozilla Marketplace at MWC originally appeared on Engadget on Wed, 22 Feb 2012 14:19:00 EDT. Please see our terms for use of feeds.
Permalink Mobile Burn | The Mozilla Blog | Email this | CommentsMicrosoft Files EU Antitrust Complaint Against Motorola Mobility
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Google’s Diversifying Display Ad Business Could Pass Facebook’s, eMarketer Guesses
Research firm eMarketer has put together a few interesting data points that show Google doing better in display ads than you might have realized. That is, by growing this business across properties and networks that it at some point acquired — YouTube, DoubleClick, and mobile (AdMob) — it’s set to pass Facebook’s own display business.
The social network had the highest online ad sales of any company in the U.S. last year, at $1.73 billion. But that was a mere $200 million or so above Google. This year, eMarketer expects a similar story, with Facebook bringing in $2.58 billion versus Google’s $2.54 billion. Things change in 2013 and 2014, further off from what the data can tell us accurately.
The firm thinks Facebook’s growth rate is going to plummet after this year, down to 13 percent in 2014, while Google’s is going to continue at nearly 50 percent through 2013 and still at nearly 30 percent in 2014.
I’m not ready to bet on that.
The estimates are based on publicly available documents from both companies, and other sources. On Google’s side, its earnings from last quarter indicated that its non-search ads were on track to reach $5 billion a year, or 12 percent of its total business. This is double what it brought in over the previous five quarters. YouTube is getting better and better at monetizing videos, DoubleClick is a market leader in online display ads, and AdMob has a strong position across mobile platforms. I agree it makes sense to be bullish about this part of Google’s business.
On Facebook’s side, eMarketer’s original estimate for its revenue had been $2.01 billion in the US, but Facebook’s S-1 filing proved this to be around 15 percent over what it actually was. The projections here read as if eMarketer feels burned by being so positive about last year. But the report manages to qualify itself in the event that Facebook revenue does in fact start to grow more quickly, by noting the potential benefits of newer advertising features like Sponsored Stories.
That’s the thing. Facebook’s ad business is still young, the company is fine-tuning all sorts of interesting features, and there are other ways that the business could see new growth, for example if Facebook launches a web-wide ad network that competes with DoubleClick and the rest of the online ad industry. 2013 and 2014 are a long ways off, and other numbers like traffic are looking fine.
Tugg Lets Audiences Choose What’s Playing In Theaters
There’s a new startup called Tugg unveiling itself today that promises audience members that they can create their own movie screenings at local theaters.
It’s led by Nicolas Gonda, who was a producer on The Tree Of Life. When I asked why theaters would want to do this, Gonda and his co-founder Pablo Gonzalez (they’re CEO and COO, respectively) said via email that the idea came from Gonda’s work with filmmakers — this is supposed to complement existing distribution methods.
“We felt there was a real opportunity to develop a platform where films and theaters could benefit from having a guaranteed audience in place for screenings, helping to reduce uncertainty about whether a film could find an audience,” they said. “Additionally, we think Tugg presents a great opportunity to foster more interaction with local theaters, helping to increase a personal relationship with theaters and communities.”
The basic process, as outlined on the Tugg website, sounds pretty straightforward. You can select a movie from Tugg’s library (the company says it will announce its distribution partners before this year’s South by Southwest, and it claims to have a “growing library of hundreds of studio and independent films”), choose from available theaters and timeslots, and set other event details like ticket price. Then, a certain number of people need to commit to attend before the event is actually on (the higher the ticket price, the lower the attendance threshold), so you need to spread the word.
This is an appealing idea for anyone who’s ever looked at the list of movies at their local multiplex and thought, “Ugh, why are they showing that stuff, rather than this movie that’s a million times better?” Or to any person or company (including TechCrunch) who wants to organize their own screenings.
On the other hand, changing the distribution model for movies is a big challenge for a startup, since there are so many institutional players. One reason to be confident: Tugg’s board of advisors includes prominent names from the film world, like actor/writer/director Ben Affleck (The Town), writer/director Richard Linklater (Before Sunset), and Tree of Life writer/director Terrence Malick. More importantly, the company says it’s already working with an impressive list of theater chains, including Alamo Drafthouse Cinema, AMC Theatres, Bow Tie Cinemas, Cinemark Theatres, Goodrich Quality Cinemas, Rave Cinemas, and Regal Cinemas.
In fact, even though today is Tugg’s big announcement, the company says it already held pilot screenings in Austin, San Francisco, Seattle, Boston, Philadelphia, Houston, and Boulder, Colo.
Comcast sues Sprint with patent infringement, says two can play that game
Comcast and subsidiary TVWorks, LLC allege that Sprint is guilty of violating four wireless patents: its wireless broadband cards, Vision Pack and other SMS services, MMS transfers and voice and data using IP / MPLS backhaul. That's a pretty hefty portion of the carrier's basic operations, it seems, and we're assuming that a settlement or licensing agreement will be the end result here. Regardless, as the adage says, what goes around comes around.
Comcast sues Sprint with patent infringement, says two can play that game originally appeared on Engadget on Wed, 22 Feb 2012 13:59:00 EDT. Please see our terms for use of feeds.
Permalink AndroidPolice | LightReading | Email this | CommentsAsus To Transformer Owners: “Here Is Your Unlocked Bootloader. Happy Now?”
The Asus Transformer Prime was the great, grey hope for many Android lovers – until they realized that the bootloader was locked it was impossible to upgrade or install a new bit of firmware onto the device. Asus has finally relented, allowing folks to download an unlocked bootloader and install it over the “official” Asus bootloader.
The best part?
2. Before you download, install, and use the Unlock Device App you acknowledge and assume complete risk to the quality and performance of this App, including but not limited to the following: once you activate the App you will not be able to recover your ASUS product (“Original Product”) back to original locked conditions;the Original Product with the activated App will not be deemed the Original Product; the Revised Product will no longer be covered under the warranty of the Original Product; the software of Revised Product will no longer be deemed the software of the Original Product and can no longer receive ASUS software updates; your purchased digital content may also be affected.…
It is strongly advised that you avoid activating this App unless you fully understand and accept the risks that may arise.
Blam. Want your device to work as advertised? Go for it, cowboy, but don’t expect Asus to hold your hand and consider this thing junk, babies, because no warranty will cover it.
Apple: developers now have until June 1 to sandbox apps for the Mac App Store
Apple: developers now have until June 1 to sandbox apps for the Mac App Store originally appeared on Engadget on Wed, 22 Feb 2012 13:38:00 EDT. Please see our terms for use of feeds.
Permalink Techmeme | MacRumors, Apple | Email this | CommentsSolid Buckeyballs Detected In Space
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UN Pushes Plan To Assume Internet Governance Role
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Pivothead video glasses offer impressive quality, we go hands-on (sample video)
Gallery: Pivothead video glasses hands-on
Continue reading Pivothead video glasses offer impressive quality, we go hands-on (sample video)
Pivothead video glasses offer impressive quality, we go hands-on (sample video) originally appeared on Engadget on Wed, 22 Feb 2012 13:06:00 EDT. Please see our terms for use of feeds.
Permalink | Pivothead | Email this | Comments