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Sep 19, 6:58AM
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Fresh with new funding,
Buddy Media, a company that provides Facebook Page and social media management tools to brands, is launching ConversionBuddy, a data and analytics platform for brand marketers. Buddy Media provides an
all-in-one social media management system to help create, manage and track social campaigns on Facebook. The platform lets brand managers agencies create, manage and track Facebook pages in a
variety of languages to drive and increase user and brand engagement. Users don't need to have any prior FBML knowledge to create pages on Facebook and can create sleek and interactive pages fairly easily.
Sep 19, 6:12AM
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Movie delivery service Netflix has
just announced that it is rebranding its DVD-by-mail service as Qwikster and that it will keep calling its streaming service Netflix. Shocking news yes, but already the Internet has found one immediate chink in the company's rebranded armor, other than the fact that, like a multitude of other failed companies, the name
ends in "ster" ...
Sep 19, 5:13AM
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Amongst all the hollering going on over the merits of Netflix spinning their DVD shipping service
into a separate company and whether or not the new service's name, "Qwikster", was pulled at random out of a hat labeled "Bad Names", one detail isn't quite getting the attention it deserves: Qwikster is going to do video games. Hear that deafening whir? That's the red alarm going off at GameFly HQ.
Sep 19, 4:48AM
I know that a lot of you have probably already seen this awesome awesome video, but for some reason I missed out on it
probably because I've been asleep all weekend so I'm reposting it again, in case you guys were also preoccupied with you know, stuff. Here is singer songwriter
Stevie Wonder, who happens to be blind from childhood, singing the praises of Apple co-founder
Steve Jobs for making the iPhone and the iPad handicap-friendly.
Sep 19, 4:14AM
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Netflix CEO Reed Hastings just
dropped a bombshell. In the wake of a
rapid decline in Netflix's stock price last week, Hastings is taking a bold step by separating the DVD and video streaming services. The DVD-by-mail service will now be called Qwikster, and the streaming service will maintain the Netflix brand. That's right: the new business (streaming) will keep the existing name. Customers can still subscribe to both, but the two sites will not be integrated anymore.
Sep 19, 1:47AM
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In
The Facebook Effect, David Kirkpatrick posits the great social network is the one entity that could bully
Apple, today's most powerful technology company. As the iPhone and other iOS devices have paved the way toward an unprecedented level of convergence, the collective power of Facebook's user base presents a daunting challenge to Apple: specifically, could Facebook literally imprint its own applications on iOS devices, most notably the iPhone, to the point where it could, theoretically, transform the device into "The Facebook Phone" without ever having built its own hardware and/or standard mobile operating system? At the moment, Facebook is believed to be undertaking what has been
dubbed "Project Spartan," its own Trojan Horse for stitching its social layer into multiple mobile platforms in lieu of building its own phone (like Apple) and/or its own mobile operating system (like Android). As "Spartan" has been written about before in
detail (which I won't recount here), the basic idea, as it applies to Apple, is the development and rollout of multiple HTML5 applications which would allow Facebook to create a range of mobile applications without having to adhere to the rules and toll charges imposed by Apple's app-store.
Sep 19, 1:01AM
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Over two million users strong, flash sales site for home décor, furnishings and accessories
One Kings Lane, has raised $40 million in new funding from led by Tiger Global Management. Institutional Venture Partners and existing investors Kleiner Perkins and Greylock Partners participated in the round, according to a
Wall Street Journal story, which reports that One Kings Lane was valued at $440 million post-investment. This round brings the startup's total funding to over $65 million.
One Kings Lane, which was
cofounded by
Ali Pincus and Susan Feldman in 2009, offers deep, limited discounts on home décor, furnishings, accessories, wine, food and gifts. The site competes with Gilt Groupe, and
fast growing design marketplace Fab.com.
Sep 18, 9:48PM
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Netflix took a beating on Wall Street last week. After
revising subscriber estimates downward by 1 million subscribers, its stock went into free fall, closing the week at $155, down from a $300 peak in July. Netflix, the darling of Wall Street for the past three years, has lost half its value in a few short months. It must be a gulp moment right now for CEO Reed Hastings, who has always set Netflix on its own path and let investors figure things out for themselves. More than any other company, Netflix represents the transition of high-end video entertainment (movies and TV shows) to the Internet. A bet on Netflix, is a bet on streaming video. That transition is inevitable. It is going to happen for many reasons. Reed knows this. He saw it earlier than most. Sending people DVDs by mail was always just an interim business model until broadband, the studios, and customers caught up.
Sep 18, 8:39PM
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Last week, Google posted
an awesome teaser video for
Google Wallet featuring George Costanza. The implication: Google Wallet would finally be launching soon. Now we think we know when: tomorrow. As you can see in the above image, documentation is being sent around to partners stating a September 19 launch day. We've heard from others that this is accurate. And it also lines up nicely with
NFC World Congress, which kicks off tomorrow in the French Riviera. Google is not listed as a speaker or exhibitor at the event, but their main partner MasterCard is the official sponsor.
Sep 18, 4:53PM
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The timeless Timewalker from Montblanc gets a fantastic new movement totally made in-house by Montblanc in Switzerland. It is the
Timewalker TwinFly Chronograph and it is covered and reviewed here in DLC coated titanium.
Sep 18, 4:33PM
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It's no secret that there's been a major amount of controversy surrounding
Color, the photo sharing app that
launched earlier this year with $41 million in funding from Sequoia Capital, Bain Capital, and Silicon Valley Bank (Sequoia apparently put $25 million in). Color's debut was one of the
most-hyped launches the tech world has seen over the past year, and since then the company has been plagued with
executive departures, and a
struggling product. Sequoia partner
Doug Leone, who sits on Color's board and led the investment, sat down with us last week at TechCrunch Disrupt to talk about what he refers to as his most exciting investment in the past year (he begins talking about Color at the 4 minute mark in the video below). Leone says of Color and its founder
Bill Nguyen, the startup has a "passionate founder who had a loud introduction of a product that didn't hit the market or bulls-eye," he says candidly. "But give me an entrepreneur with a lot of courage, gusto and who iterates rapidly, and I will back that person day in and day out."
Sep 18, 3:37PM
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It's not very often I get to write that it's a good day to be an HP employee. But it's also not everyday that HP employees are offered some of the last TouchPads. The company is set to release a final batch of the $99/$149 HP TouchPads to employees starting September 28th at 9:00am PDT. This is per an email I received from an HP employee (embedded after the jump), which notes TouchPads are available on a first come, first serve basis and employees are only allowed to buy one TouchPad -- which some will likely list on ebay where TouchPads are currently selling for over $200. The sun is setting on the TouchPad's life and HP is likely ready to move forward, thoroughly burned by their venture into the land of the iPad.
Sep 18, 3:31PM
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Carla Holtze is the co-founder of
Have-to-Have, which is offically launching later this week. She calls it "a digital shopping platform" that allows consumers "to save, share and shop for any product that they find across the web." Carla signed-up for Founder Office Hours with Hunch co-founder
Chris Dixon and First Round Capital's
Josh Kopelman. Her first question revolved around establishing a marketplace. "Attracting users then would make me more attractive to the strategic partners, or do I focus on really acquiring retailers who then bring with them the user base?" Kopelman is well versed in "the chicken and egg in supply and demand" problem while creating a marketplace, having launched Half.com back in the day (which was acquired by eBay for $350 million).
Sep 18, 2:58PM
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TechCrunch Disrupt finalist
Bitcasa, a new cloud storage provider, was met with a healthy dose of skepticism
last week when it claimed to be able to provide "infinite storage." How does it do that? It can't do what it promises! That's not how encryption works! And so on. VC firm Andreessen Horowitz, along with First Round Capital, Pelion Venture Partners, and TechCrunch founder Michael Arrington's CrunchFund have invested $1.3 million in the technology, which seems to suggest there's valuable IP behind the startup's overly broad promises of cheap, infinite and secure storage. My
initial review of the startup was generally positive because, by all descriptions, it's doing something innovative and new. While we raised a few general questions (does it slow you down?, will it scale?), it's hard to review something without going hands-on. For that matter, describing the way the technology works was perhaps overly simplified. For those of you with interest in deeper technical details, here they are (well, it's a start, at least...).
Sep 17, 10:52PM
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It's been a very busy week at TechCrunch with our Disrupt conference and other internal disruptions, so you may have missed some great and revealing interviews. Devin Coldewey wrote a post with the
Six Must-Watch On-Stage Videos from Disrupt. But there was a lot of activity going on backstage too. We did more than 60 interviews with entrepreneurs, VC's, Angels, CEO's, and a Mayor. Also, if you find yourself missing or still humming the tunes from Disrupt, you can download the music created for us by
Smith & Keats Music in
this post.
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