Sunday, July 22, 2012

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More Problems For Apple In Portugal? Apparently It's Getting Sued For 40M Euros By A Reseller [Report]

Jul 22, 2:33AM

TB apple reseller portugalAnother legal tangle for Apple in Portugal? Just days after a consumer rights group in the country said it was preparing to bring legal action against Apple over the wording of its AppleCare warranty service, it has emerged that an IT reseller and distributor called Taboada & Barros is already suing Apple over claims of price fixing and unfair trade practices, asking for €40 million ($49 million) in damages. According to a report in the Portuguese-language Apple blog iPhoneTuga -- citing details first reported in the Portuguese weekly newspaper Sol -- the suit stretches back to February but seems to have only been made public now, in light of the action being taken by the Portuguese Association for Consumer Protection (DECO). Unlike the DECO case -- which has a precedent in Italy, where Apple was fined $1.2 million over a similar matter -- this lawsuit is less cut and dry.


FoundersCard Adds Bonobos, Trunk Club & More Airlines To Its Private Membership Club

Jul 22, 12:05AM

FoundersCardFoundersCard, the membership program bringing executive-style perks to entrepreneurs, is rolling out a few more perks today to add to its growing lineup. The company currently offers discounts on a number of products and services, including things like elite status on airlines (5% off Virgin America, 10% off Virgin Atlantic, 10% off Lufthansa, and 5-22% off Cathay), discounts with Apple, AT&T (10%), UPS (up to 32%) StubHub, TaskRabbit, and hotels, to name a few.


Getting Rich By The Numbers, A CrunchBased How-To

Jul 21, 11:00PM

Screen shot 2012-07-21 at 3.34.26 PMHey kid, wanna get rich? After watching "The Social Network" for the third time this weekend, are you feeling ready to create something truly world-changing and make a billion dollars? Have you just finished off an MBA and are looking for a job slightly more glamorous than traveling 364 days a year for a Big 3 consulting firm? Are you getting hit up for co-founder gigs in between gigs making web pages for dentists and want to know what white-hot area you should get into, if you did decide to live the dream?


Viacom, DirecTV, And The Future Of TV Blackouts

Jul 21, 10:02PM

yellow_old_tvViacom and DirecTV ended their dispute over carriage fees on Friday, which saw the return of 17 Viacom channels on the cable satellite service. But who won, who lost, and what does the resolution mean for DirecTV, and for the rest of the industry? Given that Viacom reportedly didn't get what it wanted in the negotiations, it probably will mean even more blackouts as time goes on. Viacom wasn't available to DirecTV customers for nine days over the course of the blackout, and in that time key channels like Nickelodeon saw inevitable ratings declines. Ratings at the childrens network fell some 20 percent during that time. Meanwhile, Disney, the channel DirecTV replaced Nickelodeon with, saw its ratings increase a comparable amount. According to Bernstein Research analysts Todd Juenger and Craig Moffett, that implies it was Viacom which came back to the bargaining table and attempted to end the blackout.


Review: Graham Chronofighter Oversize GMT Watch

Jul 21, 7:53PM

OLYMPUS DIGITAL CAMERAIf you've been following my weekend watch reviews, you'll note that I tend to like bigger watches. But even this monster - the Graham Oversize GMT - is too big for me. Graham is a British manufacturer of haute horology. Named after famed clockmaker George Graham, the company manufactures mostly in Switzerland and uses combination of bespoke movements as well as some modified ETA pieces. The Chronofighter is a bit different and a bit more interesting.


Apple's App Discovery Lead On Google Is Shrinking, But Mobile Publishers Shouldn't Be Too Worried

Jul 21, 7:30PM

Screen shot 2012-07-21 at 10.41.52 AMEditor's Note: This is a guest post by Matthäus Krzykowski is a co-founder of Xyologic, a mobile app search engine. The number of iPhone apps that hit the top 100 free rankings in the US Apple App Store  has decreased by 35%, according to a study we've completed at app search startup Xyologic. In April 2011, 422 apps got into the top 100 free iPhone apps, while in April 2012, just 277 apps got into the same ranking.


Hulu Updates Video Player, Adds 10-Second Rewind And Easier-To-Use Settings

Jul 21, 5:35PM

huluHulu released a new, chromeless video player on Saturday, in an effort to improve the viewing experience for users of its web site. The new player is designed to give viewers easier access to their settings, and has also added a 10-second rewind feature to enable viewers to quickly skip back and re-watch their favorite moments of a program. The new player groups all of a video's settings -- facial recognition, closed captioning, and the like -- all in one place, and the player automatically detects and adjusts video quality based on the available bandwidth. And when you pause a video, the player highlights program and episode information, along with how much time is left in the show or movie you're watching.


Gillmor Gang: Or Are You Just Glad to See Me

Jul 21, 5:00PM

Gillmor Gang test patternThe Gillmor Gang — John Borthwick, Danny Sullivan, John Taschek, Kevin Marks, and Steve Gillmor — turned into Google fanboys on a dime, or $200, with the release of the Nexus 7 tablet. This thing is amazing,, small, fast, and did I mention $200. Just weeks after Microsoft Surface didn't ship, pre-ordered Nexi did, selling out in most if not all the stores that carried it. The Gang touched on @borthwick's Digg acquisition and 11-day relaunch, but had no time to talk Yahoo and Mayer despite repeated requests from the producer and chatroom. It was all Nexus all the time. Did I mention it's $200?


Cloudwashing Failed – Now We Need New Metaphors

Jul 21, 4:35PM

Insta-cloudI've talked with thousands of people over the past few years about the "cloud." What's apparent? The real cloud services providers like Amazon Web Services have won. Cloudwashing has failed. The losers are back pedaling.The winners are the new service providers and the ecosystem that help customers be innovative and do things fast.


Just Like Everything Else In The Enterprise Space, Security Is About To Be Disrupted.

Jul 21, 4:00PM

Screen shot 2012-07-21 at 9.37.05 AMEditor's Note: The following is a guest post by OPENDNS CEO David Ulevitch.  Disruption doesn't happen in a vacuum, it happens in context. And there is no greater example of disruption than in the enterprise technology market right now. Much of this is largely thanks to changing enterprise landscapes (consumerization of IT, cloud apps, mobility), new sales models and innovative go-to-market strategies (SaaS, Yammer d'état, land-and-expand) that leave the entire space ripe for disruption.


Serendipity Isn't A Use Case

Jul 21, 1:00PM

a_898AE27B-D9C7-413A-88A4-7F2BE21520B8_mWhen I started formulating the idea for my current startup, Roamz, the vision for the company was serendipitous discovery of the things happening around you. I imagined that we'd say to people "Want serendipity? Great download our app" and they'd respond "Yeah sure I was just looking for some serendipity". I quickly realized (the hard way) that you don't leave your house in the morning hoping that you will chance upon serendipity. You have a specific intent in mind: looking for a park for your kids, a cool cafe to grab a coffee or even simply to find a traffic-free route to work. If serendipity happens to occur in other ways then that's a bonus and if not...then it is just another ordinary day.


OS In The Enterprise And The Component Revolution — What Startups Need To Know

Jul 21, 9:00AM

Screen shot 2012-07-21 at 1.49.47 AMEditor's Note: The following is a guest post by Jason van Zyl. van Zyl is the founder of the Apache Maven project, the Plexus IoC framework and the Apache Velocity project and helped establish Codehaus, a well-respected incubation facility for open-source community projects. He currently serves on the board of the Eclipse Foundation and is CTO of Sonatype. Jason can be reached on Twitter @jvanzyl It's no secret that today's software is very different than it used to be.  It's often cloud-based, includes social functions, and is available to anyone, anywhere, using any type of device.   What most of us don't see is that it's not just different on the surface – it's also created and delivered in a very different way.


500 Startups Backs First Middle Eastern Startup, Jeeran, A Yelp For The Arab World

Jul 21, 8:56AM

Jeeran_logoEarlier this year, young venture capital fund and startup accelerator 500 Startups announced some changes that indicated its intent to move beyond adolescence into adulthood, and expand its scope beyond the U.S. The firm raised a new, bigger fund, added new partners, and increase its focus on identifying and investing in talented international entrepreneurs. Dave McClure and company have already invested in startup incubators in Mexico City and Beijing, along with taking its "Geeks On A Plane" tour to India last December. This spring, partners McClure and Christine Tsai told us that 500 Startups is redoubling its effort to build ties and make investments in Latin America, Eastern Europe, and the Middle East in particular. And today, beginning to walk the walk, we've learned that the fund has made its first investment in the Middle East -- in a startup called Jeeran.


LessAccounting Claims They Turned Down Acquisition Offer From "Low Moral Fiber" GoDaddy

Jul 21, 3:00AM

lesseverythingOn Wednesday, I reported that GoDaddy acquired cloud-based financial management application company Outright, with all 24 employees joining GoDaddy. Now, web and mobile app developer LessEverthing tells me they turned down an offer from GoDaddy in 2009.


That'll Fly: Kayak Closes IPO Day With Shares Up Nearly 30% And Market Cap Over $1.2B

Jul 21, 2:02AM

Screen shot 2012-07-20 at 5.54.58 PMIt's been a long time in coming. After first filing to go public in late 2010, Kayak finally came to market today debuting as a public company on NASDAQ, trading under "KYAK." The travel bookings company has hit its fair share of bumps along the way, thanks to unsteady market conditions, erratic earnings, and a departing CFO. All that has been washed away over the last 48 hours (at least for the time being), as Kayak exceeded the original $21 to $25 price range it set, raising $91M and opening at $26/share this morning. Not only that, but at the close of its first day as a public company, Kayak's shares have jumped nearly 30 percent, finally resting at $33.18.


Students Seeking Startup Workshops: Lean Startup Machine Announces Scholarship Program

Jul 21, 12:59AM

lean startup machine logoLean Startup Machine wants to bring some young blood to its startup workshops — on its own dime. The new initiative is called the Branch Scholarship Program, supposedly because it was inspired by the founders of Branch, a startup that aims "to turn the Internet's monologues into dialogues" and has backing from The Obvious Corporation. Branch co-founders Josh Miller and Hursh Agrawal both received scholarships from Lean Startup Machine last year, and they met for the first time at the workshop, where they decided to drop out of school and start a company.


Mobile Health Developer Azumio Acquires SkyHealth, Makers Of Top-Ranked Fitness App

Jul 21, 12:03AM

Screen shot 2012-07-20 at 5.47.34 AMThe popularity of health and medical apps has begun to explode, and the amount of health data along with it, much of it thanks to those increasingly wearable and user-friendly gizmos that use smart sensors to capture and transmit all shades of biometric data. Smartphones now tap into these health devices, turning our phones into heart monitors and cancer screeners, all with the goal of helping us live longer, healthier lives. You may not be familiar with them by name, but Azumio is one of a number of young startups tapping into this hot trend, leveraging smart mobile technology to get us making better and more informed health decisions. Thanks to the popularity of its biofeedback apps like Instant Heart Rate, Azumio has attracted 20 million downloads of its iOS and Android apps in less than two years. And today, the Palo Alto-based company is adding to that total and beginning to round out its product set by scooping up SkyHealth, the creators of Fitness Buddy, the top-ranked paid health app on iTunes.


Last Day To Purchase Extra Early Bird Tickets For Disrupt SF

Jul 20, 11:09PM

TC_SF_2012_ver16 (1)DISRUPT Early Bird ticket sales will end tonight at 11:59 PM PST, so buy your tickets now if you'd like to save a few bucks! If you miss the Extra Early Bird tickets, you'll be able to buy Early Bird tickets until August 11th. Our confirmed speaker line up includes Mike Arrington, Marissa Mayer, Marc Benioff, Joel Klein, Ben Horowitz, Ron Conway, Mayor Ed Lee, and Vinod Khosla. And, you're guaranteed to be equally inspired by the speaker announcements that we're making next week.


Former Twitter Chief Scientist Abdur Chowdhury Raises $1.35M For Super-Stealthy Startup Pushd

Jul 20, 10:33PM

abdur-chowdhuryFormer Twitter Chief Scientist Abdur Chowdhury is working on a new, super-stealthy project called Pushd. Details are scarce, but here's what we know: According to an SEC filing, he's teamed up with Summize co-founder Eric Jensen and the two have raised $1.35 million for the venture, which is based in New York City. Chowdhury joined Twitter with the company's 2008 acquisition of search engine Summize. He became Chief Scientist at Twitter, while Jensen became Twitter's Tech Lead for Search and Relevance.


Firewall Company Palo Alto Networks Up 26% In IPO

Jul 20, 10:11PM

PAN_IconPalo Alto Networks shares climbed 26% in its first day of trading today on the New York Stock Exchange.  Shares closed at $53, up from its $42 offering price.The company offered 6.3 million shares in trading. The price of the share were originally offered at range of $34 to $37. It was increased to a range of $38 to $40 earlier in the week.



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