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Facebook's News Feed Sorely Needs A "Read It Later" Button, And That's Where Spool Comes In
Jul 17, 3:39AM
Here's a common problem: you notice an awesome article, video, or song in the Facebook news feed but there's no easy way to save it for later. So while Facebook only bought the talent and not the tech behind Spool, a content caching service, I bet within a few months they'll help Facebook launch a news feed button for saving external content to the web and your mobile device. It could even be the basis for a standalone Facebook news feed app. Here's how FaceSpool could work.
Gift Card Payment Network Openbucks Raises $4.8 Million Series A, Led By Yahoo Co-Founder Jerry Yang
Jul 17, 3:25AM
Openbucks, a startup creating a gift card-based payment network (and a former TechCrunch Disrupt finalist), is announcing today it has closed $4.8 million in Series A funding, in a round led by Yahoo co-founder Jerry Yang. Also participating were Terry Semel, Greycroft Partners, BV Capital, Clearstone Ventures, Morado Ventures, Novel TMT Ventures, Inspiration Ventures, CrunchFund, SV Angel and TiE Angels. (Whew!). Since its initial debut, founder and CEO Marc Rochman says Openbucks has grown to "tens of thousands of users" and has seen "hundreds of thousands" of transactions on its network.
Paul Maritz Out As VMware CEO And Mentioned As Candidate For Top Spot At EMC Or Cloud Foundry Spin Off
Jul 17, 2:07AM
Paul Maritz is out as the CEO of VMware and will be replaced by EMC COO Pat Gelsinger. Maritz spent four years at VMware. It's uncertain what he will do but rumors have swirled all day about about his departure.
Augmented Reality Explorer Steve Mann Assaulted At Parisian McDonald's
Jul 17, 1:11AM
You deserve a break today, indeed. Augmented reality pioneer Steve Mann visited a Parisian McDonald's with is family a month ago. Mann has a system called the EyeTap physically installed in his skull that records video and streams augmented reality data directly to his retina. Upon ordering, McDonald's employees at 140, Avenue Champs Elysees, Paris accosted Mann and tried to tear the glasses out of his head. That was after he ordered something called a Chicken Ranch Wrap.
Live Nation Labs, Rexly Co-Founders Explain Acquisition & Vision For Mobile
Jul 17, 1:01AM
Live Nation Labs, the investing arm of music giant Live Nation, has purchased music discovery app Rexly for an undisclosed amount. The deal, which had been in the works for several months, was finalized Friday and announced Monday via both companies' blogs. "This isn't really an exit—it's a continuation of the vision," Rexly co-founder and CEO Joel Resnicow tells me. "Our startup is basically joining another startup with goals that are just as big, if not bigger."
Dwolla Democratizing APIs With New Non-Technical Portal
Jul 16, 11:56PM
An API is a "must have" feature for many tech startus. Mailchimp CEO Ben Chestnut went so far as to write that the company's API is "probably the best marketing we've ever done." But for some companies an API is more than just marketing, it's a core part of the business. As more business shifts online, non-technical business people will need to make strategic decisions about technology, including integrations with third-party sites via APIs. More tech companies should try to demystify their offerings.
Licensing Is The Achilles Heel For The New Microsoft Office
Jul 16, 11:51PM
This morning Microsoft sent us a guide to the new Microsoft Office. It's 53 pages. It reviews every feature imaginable. Read though the document and it's evident Microsoft did what it had to do. It integrated with Office 365. It developed an elegant touch user interface. It took the best of Metro to make Microsoft Office relevant.
Yahoo's Neglected Global Labs Network Might Hold Key To Revival
Jul 16, 11:18PM
What a time for Marissa Mayer to take control at Yahoo. She'll need all the smarts she can lay her hands on to revive an ailing Yahoo. Which is why any section of Yahoo which is innovating could be a key component of it's future capability - especially if Yahoo is to drag itself out of the race-to-the-bottom media portal strategy which it's been left with. Crucial to that turn-around could be the somewhat forgotten network of Yahoo Labs, scattered around the globe. This network has plenty of talent but it's been somewhat neglected in recent times. That neglect was thrown into sharp relief in March this year when Prabhakar Raghavan, the respected head of Yahoo's Labs unit and also head of Yahoo's strategy, left to join the company Mayer just left: Google.
Marc Andreessen Dances Around Facebook IPO, Says 'The Public Market Hates Tech Stocks'
Jul 16, 10:36PM
The debate over whether the Facebook IPO was or wasn't a disaster is probably getting a bit tired, but at Fortune's Brainstorm Tech conference in Aspen, the magazine's managing editor Andy Serwer couldn't resist asking venture capitalist Marc Andreessen, albeit indirectly. Andreessen is on Facebook's board of directors, which makes it irresistible to ask him about the IPO, but also means that he can't talk about it specifically. Instead, he talked about the general IPO market, offering an argument that should be familiar to TechCrunch readers. He said there's a conundrum with IPOs, because if you price them so that there's a 100 percent pop in the price on the first day, it gets a lot of positive attention, but "the company has left an enormous amount of money on the table."
Donald J. Sobol, Creator Of Encyclopedia Brown, Dead At 87
Jul 16, 10:02PM
Donald J. Sobol, author of the acclaimed Encyclopedia Brown series of children's mystery books, died last Wednesday of natural causes. He was 87. The author released his first book in 1963 after receiving dozens of rejections. The series went on to sell millions of copies around the world and helped children become amateur sleuths, and, more important, taught them to question and quest through the mysteries around them.
Marc Andreessen On Marissa Mayer Joining Yahoo: 'It's Great For The Valley'
Jul 16, 9:39PM
Barely an hour after longtime Google executive Marissa Mayer was announced as the new CEO of Yahoo, venture capitalist Marc Andreessen praised the move while on-stage at the Fortune Brainstorm Tech conference in Aspen. He contrasted Mayer with Yahoo interim CEO Ross Levinsohn, who was seen was another leading contender. Andreessen was careful to praise Levinsohn, but he said Levinsohn would have been more of sales- or content-centric CEO, whereas Mayer will be a product-centric CEO — and having another product CEO is "great for the valley." In fact, he noted that Yahoo's press release says the appointment "signals a renewed focus on product innovation."
Word-Of-Mouth Recommendations Platform Tout'd Closes $1.4 Million Seed Round
Jul 16, 9:30PM
Tout'd, a New York-based startup that describes itself as a "digital word-of-mouth social media platform and referral engine," today announced that it has closed a $1.4 million seed round led by Warner Hill Angels. This round also included participation by the service's founders and 25 third-party investors. The company says that it plans to use this money to "accelerate growth, enhance the user experience and further develop the platform interface and functionality." The service was founded by Wall Street veterans Rob Morelli, Saro Cutri, and 2007 TechStars alumnus Arron Kallenberg.
Southeast Meetup Tour Wrap-Up: A Week In Pictures (And Videos)
Jul 16, 9:24PM
2,400 miles. Five cities. Two Honda Pilots. Seven days. And five children under the age of 7. Why? Because we love startups, and we heard that there is this huge country that's south of New York and East of Silicon Valley, so we decided to explore. The pay-off has already been greater than you can imagine, as we met more entrepreneurs than my inbox can even handle and we saw communities come together in a really interesting way.
Comcast Strikes Deal With Scripps To Bring Shows From HGTV, Food Network, And Travel Channel Online
Jul 16, 9:18PM
Comcast wants to make all its content available online, and has been hard at work striking deals with content partners to bring their shows to its Xfinity website, mobile, and connected TV apps. The latest deal, with Scripps Networks, will add more programming to those platforms from networks like HGTV, DIY Network, Food Network, Cooking Channel, Travel Channel and Great American Country. Comcast announced its TV Everywhere initiative three years ago, and has been busy striking long-term deals to improve its digital products. So far it's gotten content providers like Time Warner, Disney, and others signed up, but the rollout has been a little slower than expected. That's due in part to the length of many of the deals that it's been negotiating.
Longtime Google Exec Marissa Mayer Is Yahoo's New CEO
Jul 16, 8:13PM
Marissa Mayer, the technology executive who has worked at Google since the search company's earliest days, has been appointed CEO of Yahoo. The company has confirmed the appointment in a press release, which is embedded in full below. There's no question that Marissa Mayer is certainly a catch for Yahoo. It's been a tough few years for Yahoo -- and its last CEO Scott Thompson departed under less than ideal terms -- so the appointment of Mayer is clearly meant to signal a fresh start of sorts.
Microsoft Starts Integrating Skype Into Office
Jul 16, 7:59PM
Microsoft announced that it planned to buy the popular peer-to-peer VoIP service Skype in early 2011 and the acquisition closed last October. Since then, though, Microsoft mostly left Skype alone and continued to run it as a stand-alone product. With the release of the next version of Office, though, Microsoft is now integrating Skype closely with its office suite. Skype will, for example, now power the "presence" feature in Outlook and - just like Yammer, Microsoft's most recent acquisition - will become a default part of every version of Office.
Next Version Of Microsoft Office Puts Emphasis On Subscriptions With Office 365
Jul 16, 7:00PM
Microsoft just announced the next version of its Office productivity suite. If you were hoping that Microsoft would simplify how it delivers Office to its users, though, you will be sorely disappointed. The new Office will come in numerous online and offline versions, as well as the already semi-announced version for Windows RT tablets. In essence, Microsoft is taking an approach that's somewhat similar to what Adobe is doing with its new Creative Cloud (though without making all of its tools available for just one subscription price): Office 365, which is currently just a set of online tools, will become a subscription service that will allow users to "stream Office 365 to any Windows 7 or Windows 8 Internet-connected computer." At the same time, though, Microsoft will also continue to make Office available as traditional desktop software with a perpetual license.
Test Driving Microsoft's Office 2013
Jul 16, 7:00PM
To say that 2012 is make or break for Microsoft would be an understatement. The typically quiet and somewhat boring juggernaut has been on a roll as of late with the announcement of the Surface, Windows Phone 8 and the end of the year roll out of of its flagship Windows product, Windows 8. Today's press conference in San Francisco is no different with the introduction of the next generation of Office. Armed with a Samsung Series 7 tablet running Windows 8, I've been testing out a build of the new Office for close to a week. While it might not be as sexy as most every other product in the lineup, Office makes up a huge portion of Microsoft's revenue and it's something that clearly needs to be protected. But let's clear up the different versions of Office and why it's not just being called Office 2013 or even Office 15. Here's the breakdown straight from the horse's mouth. The following are some impressions of the new Office based on a build run on a tablet and not the final consumer version.
T-Mobile Tweets That It's Getting The Samsung Galaxy Note
Jul 16, 6:55PM
We've seen the evidence pile up in front of us over the past couple months, but T-Mobile has just made the Galaxy Note's destiny official by the law of social media. After user @epicrivas asked "What's up with the Galaxy Note for T-Mobile?" the carrier responded with the following:
@epicrivas We are excited to confirm the Samsung Galaxy Note will be coming to T-Mobile! More info to come.^JM
— T-Mobile USA (@TMobileHelp) July 16, 2012
Live Blog: Microsoft's Office 2013 Press Conference
Jul 16, 6:55PM
At today’s not so secretive press conference, Microsoft CEO Steve Ballmer will take the wraps off of the new Office. For some background check Sarah’s rundown. The press conference will start at 12PM PT, so come back then for live coverage of the event.
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