Monday, February 27, 2012

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JetBlue Chairman Talks Search Funds, Investing, And Why Startups Need Leaders

Feb 27, 10:35AM

Joel PetersonBack in 2009, Chris Dixon wrote a blog post called "Man And Superman," in which he talks about, among other things, what separates the best leaders (or CEOs) from the rest. Most companies (or leaders) pull off one great coup, riding those as long as they can before fading away. Rarely do they repeat with the same success. The same can be said of investing; you can make a killing from one huge exit, but many have watched their coffers shrink in the attempt to turn one big hit into two, three, five. Joel Peterson isn't a superman, but he does have a long history of successful growth capital investments -- across a number of industries. He's the founder of Peterson Partners, a private equity group that's made 50 investments since 1995 and has half a billion under management, as well as Peterson Ventures, which invests in startups.


Gadgets Week In Review: Print Screen

Feb 27, 9:00AM

1558Here are some highlights from the past week on TechCrunch Gadgets: The Tale Of A Wolfram Research Co-founder And His Beloved "Periodic Table Table" [Video] Tabber Adds An LED Light Show To Any Guitar This Kit Lets You Print Out The Internet Dumb Buyer Beware: Chinese State Police Seize Hundreds Of Fake Apple iPhone… Gas Stoves Should You Upgrade To Mountain Lion?


John Wang, HTC: 'We Have Not Given Up On Windows Phones'

Feb 27, 8:53AM

tony wangIn Barcelona at the Mobile World Congress, Taiwanese handset maker HTC yesterday gave us a glimpse of its new, lean-and-mean smartphone strategy, HTC One -- a unified set of Android complete with devices features and services that it hopes will help bring it back into the thick of things. One thing that was very absent, though, was the M word.


Nokia Unveils Their Newest Windows Phone: The Budget-Conscious Lumia 610

Feb 27, 8:21AM

610-2And there we have it! Nokia's Executive Vice President of Mobile Devices has just taken the stage again here at Nokia's MWC press conference to officially unveil their new entry-level Lumia 610 smartphone.


Live With Nokia At MWC: Nokia's New Smartphones Are Its Feature Phones

Feb 27, 7:48AM

elopI'm sitting in the packed press room for the Nokia press conference. Stephen Elop has just come out and right off the bat praised his company's performance in the last year, a huge one for the company in its turnaround strategy with a new operating system (Microsoft), and a shift away from its own Symbian platform. It's proven that "We can rapidly execute our new strategy."


TC@MWC: Hands-On With The HTC One X

Feb 27, 1:07AM

onex1Ah yes, the One X. It's been shrouded by rumors and half-truths for so long now that it's quite a thrill to get one in my hands. While I like the One S's build quality quite a bit, I found myself taking a shine to the One X's industrial design almost immediately. It's 9.7mm waistline is remarkably thin considering all that HTC managed to jam into it (Tegra 3 chipset, 1GB of RAM, killer camera, etc.), and the use of multiple materials adds a welcome bit of sensory contrast. The device's back is made of a solid polycarbonate shell that becomes glossier along the device's edges, while a glass plate stretches nearly from edge to edge on the One X's face. Though I'm sure many more will enjoy the One S's slim metallic frame, there's just something very alluring about the way the One X has been put together. Strange as it sounds, it's a sort of visceral feeling that I haven't felt since I first laid eyes on the iPhone 4. Kudos to HTC's design team for this one.


TC@MWC: Hands-On With The Sony Xperia U

Feb 27, 12:29AM

x1Besides a fear of imminent conjunctivitis from handling the same phone as hundreds of others at the Sony Xperia Press Event at the GSMA Mobile World Congress...what else comes to mind? This phone — a model marketed mostly toward a younger segment — is, to me, reminiscent in some minuscule way of the old Sony W series phones I loved so much (way back in the day). I think it's the thickness that reminds me of its Cro-Magnon predecessor.


TC@MWC: Hands-On With The HTC One S

Feb 27, 12:01AM

ones4The HTC One X is clearly the device everyone wants to see, which is why I decided to give its little brother a bit of spotlight first. The One S is sort of a puzzle to me. Though it's meant to be more of a mid-range device than the powerhouse that is the HTC One X, the One S sports an arguably handsomer exterior. Unlike its polycarbonate-clad counterpart, the One S sports a frame made from single piece of aluminum, which imbues it with a more robust, premium feel despite its light weight and slim (7.9mm!) frame. Much as I like the One X, I think there's a very real chance that the One S will ultimately be the real leader of the pack when it comes to popularity.


Meet Intel's Newest Smartphone, A Low-Cost Device Designed For Orange In Europe

Feb 27, 12:00AM

Orange Santa Clara -Orange Wednesdays - 2The next step in Intel's ambition to become a central player in the mobile ecosystem is dovetailing with mobile carrier Orange's strategy to grow its line of own-brand smartphones. At MWC, the two are together announcing a new device, code-named "Santa Clara", that will be Intel's first handset for the European market, and the most ambitious, own-branded device yet rolled out by Orange.


Habits Are The New Viral: Why Startups Must Be Behavior Experts

Feb 26, 11:30PM

2386473Face it; you're hooked. It's your uncontrollable urge to check for email notifications on your phone. It's your compulsion to visit Facebook or Twitter for just a few minutes, but somehow find yourself still scrolling after an hour. It's the fact that if I recommended a book to purchase, your mind would flash "Amazon" like a gaudy neon sign. If habits are defined as repeated and automatic behaviors, then technology has wired your brain so you behave exactly the way it wants you to. In an online world of ever-increasing distractions, habits matter. In fact, the economic value of web businesses increasingly depends on the strength of the habitual behavior of their users. These habits ultimately will be a deciding factor in what separates startup winners and losers.


Merchants Accepting Square's Card Case Doubles In Four Months To 40,000

Feb 26, 10:45PM

cardNearly a year ago, Square introduced us to the next evolution of its payments product—Card Case. For anyone who has used and witnessed the app being used to actually purchase something (I have), the experience is pretty awesome. Basically it's totally seamless, and you walk away feeling that perhaps this is the future of the way people will pay for goods in stores. Except, that Square is doing this now and actually growing in usage. Back in November, Square told us that 20,000 merchants had signed up for Card Case, and four months later that number has more than doubled to over 40,000 businesses using the loyalty and mobile wallet platform. For those of you who are unfamiliar, Card Case is a mobile app (iOS and Android) that you can fill with 'cards' of all the merchants they visit and buy from who accept Square. These mobile cards include locations, merchant contact info, coupons, photos, menus, comments and reviews from other customers, order and purchase history and more. The app also allowed you to create a tab at a restaurant under your name without having to pull out cash or a credit card, as the app has your credit card info saved. Square Card Case also includes a merchant discovery feature, that allows you to see a directory of merchants nearby your phone's location as well as a list of the most popular spots that Square customers are frequenting.


Almost Three: A Brief History Of Foursquare Time (And A Look At Its Future)

Feb 26, 10:38PM

foursquare_logo

Six years ago I first set foot in Silicon Valley to attend one of the early "Hack Day" events that are now perpetual. It was an event where fellow nerds were creating web-apps using whatever technology they could get their hands on. VC's and Valley luminaries were judging and dishing out fat prizes. Mike Arrington was moderating. We were being treated like rockstars, and I was hooked.

I quickly found myself obsessed with creating products; trying to follow the work of Steve Jobs and other product leaders that did it best. With so many approaches to product management, I found but a single common philosophy that bound all successful products together




HTC One Lineup Revealed: The One X, One S, And One V

Feb 26, 9:16PM

image008 copyThe rumors were true, everyone. After months of anticipation and speculation, the device once known as the HTC Edge (or Endeavor) has been officially revealed here at MWC as the HTC One X. The One X (called a "multimedia livewire" in the press release) has an 8-megapixel camera, 4.7-inc LCD display, and 1080p video recorder. The new One X runs Android with the HTC Sense 4 UI overlay.


HTC's Answer To iCloud: A New Deal With Dropbox

Feb 26, 8:47PM

IMG_5800Slotted in the middle of HTC's Android phone announcements tonight in Barcelona, the CEO of HTC, Peter Chou, revealed a new development that is the handset maker's answer to Apple's iCloud: a deal with Dropbox, currently the big name in cloud storage. HTC says that those who buy an HTC One, the company's new flagship device, will get 25 gigabytes of storage free for two years -- a huge deal, considering that currently it costs $9.99 per month for 50 gigabytes of storage (two gigabytes is the only free service offered).


It's Official: HTC Unites New Android Smartphones Under "One" Brand

Feb 26, 8:22PM

htconeThe rumor mill has been hard at work these past few months circulating information about HTC's latest line of smartphones, but now HTC CEO Peter Chou has announced that the company's new line of smartphones will indeed sport the "One" brand Chou hasn't yet jumped into details about specific phones yet, but expect that to come shortly.


What Pharma Can Learn From the Railroads and IBM

Feb 26, 8:05PM

Train wreckPharmaceutical companies are in trouble with ongoing patent cliffs with a clear choice facing them. They can follow the path of the railroad industry which is the path most are on right now. Alternatively, they can follow the path IBM took when its future was similarly bleak. IBM demonstrated how it's possible for a large company to shift from a product-centric culture to a customer and service centered company. It's clear that pharma companies will succeed or fail based not on how many drugs they sell, but on how well their offerings improve health outcomes.


Scoop: Facebook To Speed Up Biz Analytics Tool Insights To Report In Real-Time

Feb 26, 7:46PM

Facebook Real-Time InsightsFacebook's analytics tool Insights will soon begin showing Page performance data in real-time or near real-time rather than on average 48 hour delay, according to our sources. Work on preparing for the switch to real-time reporting is apparently the cause of recent atypically long delays of 4 days or more, chronicled by one-off website WhyIsFacebookInsightsNotWorking.com. Impressions, reach, negative feedback, "people talking about this", and demographics of engagers could all start showing up live in the graphical Insights interface as well as the API. Real-time data reporting in Insights could give businesses the understanding necessary to drive higher ROI, which could attract more brands and advertisers to Facebook in the lead up to its IPO.


Welcome To Our New Europe Channel, Covering European Tech, VC And Startups

Feb 26, 7:17PM

Screen Shot 2012-02-26 at 20.16.44Well, here we are. Excuse us while we unpack a few boxes, but as you can see we're just about moved out of the old EU.TechCrunch.com sub-domain, into this palatial place called TechCrunch.com/Europe. Yes, folks, after five years or so out there in the wilds of the EU, tapping away about startups on the other side of the Atlantic, our European secret agents are coming in from the cold... Put simply, we've moved the archive of the old TechCrunch Europe sub-domain site over to the TC mothership and this is where you'll be getting your regular feed abut the European tech scene from now on.


Facebook Accused Of Reading Users' Text Messages

Feb 26, 6:35PM

paper_birdAhead of Mobile World Congress and an appearance by Facebook to explain its next moves in mobile, the social networking giant is coming under increasing strain over its use of users' personal information. Mobile startups and operators are both fretting over the issue this week, as smartphones and the apps that come with them increasingly eclipse the feature phones of old. We've already seen how Path ignited the debate around privacy by uploading iPhone address books to its servers without explicit permission, just as many other apps have done without anyone realizing for some time. Path was by no means the only offender. The latest accusation is being leveled at Facebook. In today's Sunday Times newspaper, published out of London, a story (behind a paywall) alleges that Facebook has "admitted" to "reading text messages" during a trial to launch its own messaging service. Now, given that British Sunday newspapers have a tendency for crying wolf to help copy sales, we're trying to ascertain what the substance of this is.


Sony Officially Unveils The Xperia P And Xperia U At MWC

Feb 26, 6:16PM

xperiasWhile the idea of skipping Sony's event to watch a beautiful Barcelona sunset was strangely appealing, we nevertheless come to you from Sony's press event where the recently divorced company has just (officially) revealed two new handsets, the Xperia P and the Xperia U.



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