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And The Winner Of The Third Annual TechCrunch Disrupt NYC Is UberConference
May 23, 11:17PM
It's been a whirlwind couple of days here in New York, as our expert judges watched earnest startups pitch their hearts out onstage at the third annual TechCrunch Disrupt NY. Thirty startups presented in the first two days, to be whittled down to six after much judge deliberation and founder bated breath: gTar, OpenGarden, UberConference, Ark, Babelverse and Sunglass.
Kony Solutions Nabs $15M From Insight Ventures For Its Enterprise App Development Platform
May 23, 10:03PM
Kony Solutions, the unfortunately named makers of a write once, run everywhere mobile app development platform today announced that it has closed a $15 million series C round of financing. The funding was led by New York City-based venture capital firm, Insight Venture Partners, a 17-year-old firm that has invested in companies like Tumblr, Buddy Media, Wix, Chegg, and Twitter -- to name a few.
How to Get Involved With The White House Digital Road Map
May 23, 10:00PM
President Obama's technology advisors are looking for some "kick ass" fellows to work on the White House's new digital road map for open government. Announced on stage at Disrupt 2012, CTO Todd Park and CIO Steven VanRoekel detailed five new projects, each which will need a team of open government geeks to help move forward. You can view the first part of the application process here.
Meg Whitman Details Layoffs To HP Employees In Internal Video, Thinks HP Is "Rebuilding Credibility"
May 23, 9:20PM
Confirming rumors from last week, HP just publicly announced a layoff plan that will result in a reduction of 8% of its workforce. Shortly after releasing the memo to Wall Street, HP CEO Meg Whitman sent a company-wide video message explaining the future of Bill Hewlett and David Packard's company. She acknowledges throughout that HP is currently in trouble stating in the beginning, "HP's performance is still not where it needs to be" and "We have a lot of work ahead of us to get HP back on track." She also explains, a bit comically and perhaps erroneously, that "[HP] is currently rebuilding credibility one quarter at time, and to do that, we need to consistently deliver on what we say."
Autonomy, Not So Autonomous Anymore: HP CSO Bill Veghte Steps In, Founder Mike Lynch Steps Down
May 23, 9:18PM
Within HP's quarterly results today, a bit of a development for Autonomy, the company's $10.2 billion enterprise software purchase from last year that was profitable when HP bought it but in the last quarter saw "significant" declines in its core licensing revenue: its founder and head Mike Lynch is stepping down, and he is getting replaced by a HP man: chief strategy officer and EVP of enterprise software Bill Veghte. HP says in its Q2 earnings release that this is being done to help improve Autonomy's performance. In an internal memo to employees, which TechCrunch has obtained, CEO Meg Whitman says that the move is being made to as a mark of how HP is "investing to speed development across Security, Information and Management Infrastructure for both on-premise IT and in the cloud – with a key focus on software-as-a-service offerings." The same strategy will be applied to the company's Vertica business, Whitman noted in the memo.
Pandora's Quarterly Results: $80.8M In Revenue, 52M Active Users & 3.09B Listening Hours
May 23, 9:15PM
Internet music service Pandora just announced its financial results for the first quarter of its fiscal 2013. The company had a total revenue of $80.8 million, a 58% increase year-over-year. Out of these $80.8 million, $70.6 million came from advertising revenue and $10.2 million from subscription revenue. Advertising revenue increased 62% year-over-year and subscription revenue increased 38%. Despite its increased revenue, Pandora still reported a net loss per share of $0.12 and Non-GAAP net loss of $0.09 per share.
Tape.tv Raises $6.2 Million To Begin An International Roll-Out
May 23, 8:57PM
tape.tv has been around for a while - since July 2008 to be exact. It operates like a mix between an online version of MTV and Pandora. Just like the latter service, on Tape.tv users can skip, like or dislike the videos as they play, so the service starts to tailor itself to their tastes. I came across it in various visits to Berlin over the last couple of years but have been frustrated that this great service has only been aimed at the German market. However, I'm excited that it's about to scale into new countries. The company has now raised €5 million ($6.2 million) in a Series B funding round. Participants include Atlantic Capital Partners GmbH , Dario Suter, Christoph Daniel and Marc Schmidhelny (DCM), prolific Berlin Angel investor Christophe Maire, alongside Investitionsbank Berlin and VC Kreativwirtschaft Berlin. The cash will be used to scale the business, appear on other platforms like smart TVs and launches into France and the UK in early autumn. The relaunch will also see the creation of an electronic program guide (EPG) for their own live shows and events.
Hearst's Latest Social Launch: A Redbook App For Father's Day
May 23, 8:54PM
Hearst is best known as print publisher, but this year it has been making a big push into social media. Its latest effort is a Father's Day themed Facebook app for Redbook magazine. In order to use the Father's Day app, people need to "like" the Redbook Facebook page. Once you've done that, you can bring up a list of all the dads in your network. Then you can post a Father's Day message to any of their Facebook Walls, and optionally, on yours too.
KPCB's Chi-Hua Chien: The Next Wave Of Tech Disruption Will Hit Commerce
May 23, 8:51PM
Technology has helped to level the playing field across a wide range of industries, letting more individuals come to the table in fields such as publishing, entertainment and, of course, building web startups. And according to Kleiner Perkins Caulfield and Byers partner Chi-Hua Chien, the next space ripe for a big tech-powered wave of democratization is commerce.
Memes Of TechCrunch Disrupt New York
May 23, 8:34PM
When you're stuck for three days in a big warehouse with the same group of smart people talking about the future of tech innovation over and over and over again (+beer), you start getting really silly. And some of the unique circumstances of year's TechCrunch Disrupt New York have given us plenty to be silly about. For instance, there are birds, live birds (!) in the conference hall, and in fact I can hear them right now chirping LOUDLY while one of the demo companies presents onstage. The birds are so prevalent that they've spawned jokes from some of the speakers, like, "It's so hip of you guys to hold a conference in a bird sanctuary" in addition to a fake Twitter account, @TechCrunchBird, which tweets stuff like, "*Frightened fluttering from music,* ""Disappointed chirp.," "*quiet listening*," and my personal favorite, 啁啾 ('Chirp' in Chinese).
Sexism In The Venture Business? Sequoia's Greg McAdoo Says VC Industry Is A "Meritocracy"
May 23, 8:17PM
Just a day after a gender discrimination suit was filed against one of Silicon Valley's most storied firms Kleiner Perkins Caufield & Byers, an all-male panel of VCs at the TechCrunch Disrupt conference said that sexism isn't that much of an issue in the industry. "This business is a meritocracy by and large," said Greg McAdoo, who is a partner at Sequoia Capital, noting that the firm has female partners. "I have no doubt that there are pockets of issues, because in humanity you're going to have that." He added, "We look for folks who can help companies become great businesses over time and we don't ask a lot of questions about gender or what have you."
HP: 27,000 Job Cuts To Save Up To $3.5B By 2014, Q2 Sales Down 3% To $30.7B
May 23, 8:14PM
A mixed bag of news for HP today: it has posted Q2 sales that have just edged out analyst expectations, but it has also confirmed 27,000 job cuts that should save the company between $3 billion and $3.5 billion by 2014. The company is a tech behemoth: it employs 350,000 people worldwide, before these cuts were announced. This means the cuts are equivalent to about 8 percent of its workforce.
The Facebook Effect Author David Kirkpatrick Talks Facebook's Ad Network Potential, Future Acquisition Targets
May 23, 8:02PM
This afternoon at TechCrunch Disrupt NY 2012, our own Josh Constine sat down with David Kirkpatrick, author of "The Facebook Effect," to discuss what they thought about the future of the newly IPO'ed social network. Specifically, the two focused on the potential for Facebook's advertising platform, its competitive advantages over incumbents and competitors, and its potential acquisition targets which could help its platform expand.
Backstage At Disrupt NYC 2012 With MakerBot's Bre Pettis
May 23, 7:11PM
Bre Pettis of MakerBot stopped by our little show today and spent some time on the stage with John Biggs and other notables in the manufacturing space. But afterwards Pettis, co-founder and CEO of MakerBot, joined me on the TCTV couch to geek out a bit over the fantastic MakerBot Replicator. The company also has two MakerBot Replicators printing out random doodads and toys in our first ever Hardware Alley.
Shaker's 3D Meetup Spot To Rock North America At June 8th Launch With Live Nation, BandPage
May 23, 6:33PM
Shaker won TechCrunch Disrupt SF last year with its 3-D virtual nightclub built on top of Facebook, and June 8th it will finally launch in North America with the help of the music industry's Live Nation and BandPage. Until then you can sign up for Shaker, and when you do, you'll get a classic album cover of Bob Marley, The Clash, or another legend remixed with your Facebook photos and data. The partnerships, promotion, and landing page all point to a big focus on music as a social lubricant for hanging out with people on Shaker.
Sonar Rolls Out "Here-Now" Mobile Social Network, Adds Status, Messaging, Notifications
May 23, 6:25PM
This time last year, Brett Martin took the stage at TechCrunch Disrupt in New York to launch Sonar, a mobile app that connects you to friends and other people nearby, based on your existing social networks. Fast forward to today and the Battlefield runner-up is rolling out a major update to its mobile app that will allow Sonar to finally become the "Here-Now" social network. The app previously focused on providing relevant information to users about others around them based on connections via Facebook, LinkedIn, Foursquare, and Twitter. Extremely useful for conferences like Disrupt, when you're at a party or maybe even starting a new job. So what's new? Aside from the usual under the hood tweaks, Sonar has crammed in Status, Sonar Presence, Notifications and Messaging. The status update serves as a hyperlocal broadcast tool for those within close proximity and even pushes out a notification to your friends when they're close by.
The Verdict Is In: Google Did NOT Infringe On Oracle's Patents
May 23, 6:15PM
Just over a week ago, the jury began deliberations on the ongoing patent infringement case between Google and Oracle. After waiting in the wings, with bated breath, the verdict is finally in, as Judge William Alsup of the U.S. District Court of Northern California dismissed the jury this afternoon after a unanimous decision that ruled in favor of Google's mobile OS -- declaring that Android did not in fact infringe on the Oracle patents in question. The decision follows an opposing verdict earlier this month, in which the jury in the long-running infringement case found that certain components of Android APIs had too close of a resemblance to code used in Oracle's Java programming tools. However, the jury ended up splitting on the notion of whether or not Google could in fact claim fair use in its defense (which could have then led to a mistrial.)
Marketo Wants To Add A Social Boost To Every Marketing Campaign
May 23, 6:03PM
Last month, Marketo announced that it was acquiring social marketing startup Crowd Factory to add a social component to its marketing automation tools. Today the company is releasing its first products to come out of the deal. Marketo CEO Phil Fernandez says this represents the two companies' technology "all put together into a single hybridized product." Actually, Marketo is releasing two products, Marketo Social Boost and Marketo Social Promotions, as part of a new Marketo Social Marketing suite.
DISH Rolls Out International Streaming Video Channels On Roku For $19.99 A Month
May 23, 5:46PM
A number of cable, satellite, and IPTV providers have introduced TV Everywhere services that let viewers watch TV content online. But satellite TV provider DISH will be the first to introduce a standalone subscription TV service over-the-top, with the launch of its new DISHWorld package of international channels rolling out on the Roku streaming box. DISHWorld is made up of a series of international video channels from and makes them available on Roku for $19.99 a month. The service allows DISH to take a bunch of content that doesn't usually have a huge audience, and doesn't cost a whole helluva lot to license, and make it available to niche audiences. And Roku is already a pretty popular device for watching international content.
Due To The Apple / Google Deathgrip, Former CEO John Lilly Says For Mozilla, "Mobile Is A Little Scarier"
May 23, 5:24PM
iOS and Android aren't leaving much room for Firefox to burrow into mobile. "We knew there was going to be a transition from desktop being primary to mobile and tablet being primary" said Mozilla's former CEO and current board member John Lilly today at TechCrunch Disrupt NYC. "What I worry about, the scary part is that for the first time the platforms and distribution are tightly controlled before innovation has really started" Lilly explained that Internet Explorer once dominated web browsing and people said "How the hell do you break that?" But Firefox and Chrome came along and now the market is almost evenly split. But Lilly says "mobile's not like that. Mobile is these tied-down vertical stacks that are controlled by Google and Apple, so we have a new impossible problem to become relevant on mobile."
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