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Aug 22, 2:23AM
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Dropbox appears to be having significant issues as users have experienced slow speeds and/or inability to access their files for at least 9 hours. Some users claim the site has been slow since Monday morning. This morning, Dropbox co-founder and CTO Arash Ferdowsi
posted in the Dropbox forum
Aug 22, 1:03AM
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75 startups pitched their hearts out today at
Y Combinator's 15th Demo Day. We saw surefire small businesses to risky big bets but after collecting opinions from their YCS12 classmates and top VCs, these are TechCrunch's top 10 picks.
Aug 22, 12:39AM
Warning: Clicking through to see the top 20 most watched TEDTalks is akin to finding a new show on Netflix. It will kill your day. If you must (and you really do) see the top 20 talks in TED six-year history, clear your calendar, shut off your email, go to the bathroom and open your mind. You're about to learn something. TED tabulated data from its top sources including TED.com, YouTube, Hulu, iTunes, and several others. Sir Ken Robinson's 2006 talk about how schools kill creativity
tops the list with 13,409,417 views. It's followed by brain researcher Jill Bolte Taylor's epic story about suffering a stroke -- and documenting her body shutting down. Next is Pranav Mistry, David Gallo and then again by Pranav Mistry and Pattie Maes with an astounding demo of SixthSense, a wearable projection computer. Further down the list is Tony Robbins, Steve Jobs, Stephen Hawkings, and Mary Roach's talk on 10 things you didn't know about an orgasm. It's an impressive collection of fascinating lectures.
Aug 22, 12:21AM
Tuition.io, a company out of
Launchpad.la accelerator, is now accounting for over $60 million in aggregate user debt on its platform. Essentially the Mint.com for students in debt, a
Tuition.io lets kids fresh out of college get a better handle on their finances. And according to the company, 37 million Americans have student loan debt, 38 percent of whom are not making any progress paying it off.
Aug 21, 11:58PM
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Today, famed Silicon Valley startup incubator
Y Combinator held its
15th ever Demo Day at the Computer History Museum in Mountain View, California. It was the largest YC Demo Day ever, with 75 companies comprised of some 180 founders presenting the apps they had spent the past several months perfecting. Amid all this hustle and bustle, there was one notable absence, something that had definitely been a big part of Demo Days past: The funding slide.
Aug 21, 11:53PM
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We just wrapped up the fourth session at Y Combinator Demo Day. This will be the last batch of startups we can cover today, because the final group is all off-the-record (i.e., they haven't launched yet). At this point in the day, I think everyone's turning slightly glassy-eyed because they've already watched dozens of startup demos but hey, there are still plenty of good companies, so here we go:
Aug 21, 10:57PM
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For most geeks, uttering the word "Firedock" conjures up images of this
Kindle Fire-friendly speaker dock that was announced back in March. But something interesting happened last month -- Grace Digital released that very same Kindle Fire speaker dock under a different name on July 17. That by itself isn't much to write home about, but
The Digital Reader points out that Amazon now owns the FireDock trademark. A little digging reveals that Grace Digital
transferred the trademark to Amazon Technologies (an Amazon.com subsidiary based in Nevada) just a few days earlier, on July 11. So what gives? What is the Firedock?
Aug 21, 10:50PM
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About a week after posting a call for donations to fund a Tesla Museum
on Long Island, the goal has been surpassed by $20,000. Matthew Inman of The Oatmeal announced the plan
last week in a post entitled "Let's Build a Goddamn Tesla Museum" and it looks like his dream - and ours - will come true.
Aug 21, 10:22PM
Dell had a tough second quarter with revenues down 8% as "deterioration," proved worse than expected. Revenues were $14.5 billion compared to $15.7 billion in the same quarter last year. Third quarter revenues are expected to be down an additional 2 to 5%. Dell's poor results show how quickly the market is shifting to a post-PC economy. Reflecting that was the contrasting increase in the company's server business. Dell reported that its enterprise solutions and services revenue grew 6% to $4.9 billion. That revenue made up 34% of Dell's consolidated revenue and more than 50% of its margin. Dell said that business is approaching a $20 billion annual run rate. Server and networking revenue grew 14 percent.
Aug 21, 9:56PM
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We're still here at the
Computer History Museum in Mountain View, California
watching Demo Day for Y Combinator's Summer 2012 class, the storied incubator's biggest yet. Today's 75 presentations have been broken up into five batches, with the fifth being off-the-record. The third round of startups just presented their wares to a room full of the
crème de la crème of tech industry investors and executives (and a fair number of us digital ink-stained media types) -- and although it's the last round of startups before lunch, the energy has not started to flag one bit. You can read roundups from the first batch
here, and the second batch
here. Here are the 15 startups that just gave their best song-and-dance routine:
Aug 21, 8:53PM
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Early-stage venture firm
Y Combinator's 15th Demo Day is underway with 75 startup presentations throughout the day. It's the firm's biggest and most selective class to date, and Mountain View's Computer Science Museum is packed with roughly 400 or so investors and observers. Now let's look at the second set of companies that demo-ed their work to VC firms, angels, and the press:
Aug 21, 8:48PM
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Intuit
reported fourth-quarter earnings today, with Q4 revenue increasing by 14 percent to $651 million. The company missed
analyst expectations, with $0.03 in Non-GAAP earnings. Analysts expected $0.06 cents a share on revenue of $652.6 million. Net income came in at $4 million for the quarter. "Fiscal 2012 was another strong year for Intuit, with 10 percent revenue growth and earnings per share growth of 16 percent," said Brad Smith, Intuit's president and chief executive officer. "Our results and our outlook reflect the steady strength of our core businesses and Intuit's resilience in the choppy macroeconomic environment.
Aug 21, 8:42PM
Simple was launched with a pretty brilliant idea: Make banking easy. Uh, simple, even. To date, the startup has been doing that by allowing users to keep track of where their money is going, with a
no-fee banking system, an
intuitive iPhone app, pretty neat data visualization tools, and the ability to keep track of how much money is "safe to spend," based on a user's current balance minus upcoming bills. Now it's nudging users to start putting money aside, with the launch of its new Goals feature. In a
blog post today, Simple (formerly
BankSimple) announced the new feature, which is designed to help users put aside cash, without having to really think about it. It works like this: You tell Simple how much you want to save, and by what date, and it automatically moves a certain amount of money out of your "Safe to Spend" balance every day. The money is still there, sitting in your account, it's just set aside from the rest of what you can spend.
Aug 21, 8:34PM
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Facebook
announced on its Developer Blog today that it will allow users to mention their friends in messages in Open Graph apps. While users can already "action tag" their friends using other apps (Facebook uses
foursquare as its example), the update will allow users to "mention tag" friends as well. The difference, as inferred from their names, is that action tags are for doing something with a friend, say out eating a meal together, whereas mention tags can be used for anything in the text of a user post.
Aug 21, 8:21PM
DataSift, a data analysis company that provides developers and third parties with
access to Twitter, Facebook and other social data sources, is debuting new tools today to help businesses easily mine, filter and incorporate large amounts of social data into existing business and development platforms. For background, developers, businesses, media companies and organizations use DataSift to mine
the Twitter firehose of social data, as well as Facebook, YouTube, blogs, forums and online message boards. But what makes DataSift special is that it can sort through billions of social interactions then filter this social media data for demographic information, online influence and sentiment, either positive or negative.
Aug 21, 8:09PM
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It's been a week since the first images of Google's
Play Store gift cards first started making the rounds, and the search giant has finally gotten around to
confirming their existence. First thing's first -- the $10 and $25 denominations spotted last Tuesday are indeed the real deal, and they're joined by a $50 card that's better geared toward facilitating bigger purchases like e-books and movies. The one big bummer? They can't be used toward purchasing hardware from the Google Play Store. Target, GameStop, and RadioShack are among the retailers who will stock the cards over the coming weeks, with Walmart.com (no mention of their physical locations, weird) expected to join the fray before the end of August.
Aug 21, 7:59PM
Ness Computing, a startup that has developed a highly personalized, data-driven search engine, has raised $15 million in Series B funding led by SingTel Innov8 with American Express Ventures participating in the round. Ness previously raised
$5 million from Khosla Ventures, Alsop Louie Partners, TomorrowVentures, Bullpen Capital, a co-founder of Palantir Technologies, and angel investors. The company, which CEO and co-founder Corey Reese compares to as a "Palantir for fun," created a robust search engine that parses social data and produces more personalized results. Part of Ness is a recommendation engine that uses machine learning when looking at social data from Facebook, Twitter, Foursquare, Gowalla, and other places. The other component of Ness' technology is the actual search engine that serves up useful results based on these signals. The combination results in what Reese calls a "Likeness Engine".
Aug 21, 7:25PM
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Being a mobile application developer is a lot like being a writer. It could make you a millionaire, or it could leave you in a basement apartment eating Top Ramen. But an
Entrepreneurs Roundtable Accelerator company,
TapFame, is ready to make things a bit easier on both the developer and the brands that are looking to build apps. TapFame allows any developer to easily build a beautiful and engaging portfolio of their work, outlining each app they've built with screen shots, reviews, ratings, and the technologies within the app. Developers can also include their compensation information and location, giving companies all the relevant information they'd want during the hiring process.
Aug 21, 7:08PM
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A trusted Verizon employee has just confirmed to TechCrunch that the carrier is having an all-staff vacation blackout from the dates of Friday, September 21 to September 30. You know what that means, right? The next iPhone, whether it's called the iPhone 5 or simply
the new iPhone, will almost certainly be available in stores (with lines wrapping around the back of them) starting Friday, September 21. It's
largely expected that the next-gen iPhone will be announced on September 12, in usual Apple fashion. (Though the spectacle may be a bit different this time around considering that Apple's
lead presentation executive was fired in December.) If we travel back a bit and examine the historical timeline from Apple's announcement, to pre-order, to launch, the dates all seem to match up.
Aug 21, 7:00PM
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Services (AWS); Citrix via the now open source Cloudstack; OpenStack and a host of companies such as ManageIQ that are specializing in developing environments specifically tuned for enterprises to abstract the complexity of running cloud services over multiple platforms. With this context in mind what is Intel seeing as the big shift in its own IT infrastructure? It's top of mind for us as Intel has adopted
Cloud Foundry, VMware's very successful open source platform as a service (PaaS). How does the Cloud Foundry integration play into an open cloud strategy for Intel? What does that mean for how it thinks about its IT landscape?
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