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Sep 29, 5:00AM
Editor's note: Jeff Ma is the founder of tenXer, a startup that provides tools to help people better understand their performance, progress, and productivity at work. Previously, he helped start GolfSpan.com, CircleLending, and Citizen Sports. Follow him on
Twitter. The first thing you learn when you start playing Blackjack is something called
basic strategy - a decision matrix that tells you the correct play for every hand based on your cards and the dealer's exposed card. Data and statistics will tell you that basic strategy is always the optimal strategy. In fact, following it perfectly reduces the casino's edge over the average player from 3 percent to 0.5 percent.
Sep 29, 2:00AM
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Earlier this month, I
wrote about Silicon Valley Voice, a karaoke competition for the tech world hosted by Silicon Valley Bank and Coverflow (a cover band made up of techies including Mayfield Fund's Tim Chang, Facebook's Ethan Beard, and Fandalism's Philip Kaplan). Now, the finalists have been selected, and you don't even have to wait until next week's event to hear them sing. Coverflow member (and Mayfield managing director) Raj Kapoor tells me that all of the regular tickets have sold out, with 800 RSVPs. But the organizers convinced Silicon Valley Bank to expand the budget, which means there's room for another 200 people.
Sep 28, 11:28PM
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Decades before Steve Jobs, the Google founders, and Mark Zuckerberg, small groups of unglamorous technologists turned Santa Clara Valley into the world-changing region we are still reinventing today. My grandpa, Charles Alfred "Bud" Eldon, was one of them, a Hewlett-Packard engineer and executive since the days of the apricot orchards. He passed away at 7:45am this morning. I'm going to share a little bit about his life below, because my generation in Silicon Valley and the tech world needs to know about all the shoulders of giants we are standing on, and the heights we can also reach. Too many of us don't right now. His story begins in Hawaii during the Great Depression.
Sep 28, 11:15PM
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When you think about Detroit, you don't often think first about technology; you think about automobiles. But the reality is that nowadays, the two industries are more intertwined than ever. Indeed, it's becoming increasingly apparent that, as Marc Andreessen
likes to say, "software is eating the world" and becoming more central to the future of many traditionally non-techie companies. Ford Motors is no exception to this trend.
Sep 28, 11:15PM
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A little more than a week after announcing its acquisition by telecom giant SingTel, Pixable is releasing a substantially redesigned version of its iPhone photo aggregation app. As with the old version, the Pixable app aggregates photos and videos from social networks, highlighting the ones that are most likely to be interesting to you. The big theme with the redesign, the company says, is "letting the photos shine." That may seem like an odd claim for a photo app — weren't the photos front-and-center before? Well, the change is obvious when you compare at the old home page and the new one.
Sep 28, 11:00PM
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Apple has made a small but significant tweak to its App Store for iOS 6 users, changing the Apps for Passbook section of the store. Before, when you clicked through in Passbook the link that brings you to a list of apps, that's all you saw: a simple listing of compatible apps. Now, there's a new paragraph describing what Passbook is, and what Passbook-enabled apps are capable of.
Sep 28, 10:35PM
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Happy Friday! We have something special to give away. Box is hosting its annual
BoxWorks event October 7-9 in San Francisco and we have a bunch of tickets. Box has some amazing speakers on tap. Box CEO Aaron Levie kicks things off, followed by Marc Andreessen, John Donahoe, and Clayton Christensen. There's also Tony Fadell, Gary Reiner and Gary Kovacs along with Adam Lashinsky, Andreas Bechtolsheim and our own Drew Olanoff. It's three days, six keynotes, 55 speakers, and a ton of fun.
Sep 28, 10:29PM
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As of today, one more enterprise cloud startup is now a publicly-listed company. Qualys -- trading as QLYS -- opened trading today on the NASDAQ with shares priced at $12, in the mid-range of the expected offering of between $11 and $13. After a slow start in the morning, the shares climbed up to $14.85 during the day, to settle down at $14.12 at close. Not quite as much of a rise as Palo Alto Networks when it had its IPO in July 2012 -- where it saw a 26% increase on its opening price of $46 -- but still an increase of 17.7%.
Sep 28, 9:56PM
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As part of its latest round of "spring cleaning," Google just
announced that it is shuttering
AdSense for Feeds. The service, which allows publishers to earn a bit of extra revenue by adding Google's ads to their RSS feeds, will be retired on October 2 and will close on December 3. Given that
Feedburner has long been
expected to be on one of Google's next spring cleaning lists, it doesn't come as a surprise that the company is now shutting down the only way it was actually making money from the product.
Sep 28, 9:11PM
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It's that time again when Google does its "Spring Cleaning." Basically, that means the company axes the stuff that really isn't working and takes up too much time or resources. But lets' call it what it is, these things failed or fizzled.
Sep 28, 8:46PM
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Well, Facebook shareholders sure like the sound of Gifts. Around Wall Street's close yesterday, the company launched a much anticipated e-commerce initiative that lets Facebook users send real, physical gifts to friends and family on birthdays and special events like engagements and weddings. It gives the company a third business model beyond advertising and payments revenue. Shares have jumped by 6.6 percent today to $21.66. So what could Gifts mean for Facebook's bottom line? Let's do some guesswork.
Sep 28, 8:38PM
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Earlier this month,
Evernote launched version 2.0 of
Skitch, the popular screenshot tool the company
acquired in 2011. Sadly, Skitch 2.0 didn't just do away with Skitch's idiosyncratic but highly functional user interface, but it also dropped a number of features in the process. Version 2.0 currently has a 1.5-star rating in the
Mac App Store and almost 600 1-star reviews. Today, Evernote is launching version 2.0.1 of Skitch and thankfully, this version brings back a number of features that went missing in the first update. In addition, Evernote is making Skitch 1.0
available for download again.
Sep 28, 8:10PM
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The churn at
Groupon's executive level continues apace. The company has just
announced that it has appointed a new vice president for North America, Rob Kilgarriff, who is taking over the role from Chris Muhr. Earlier today
Reuters reported that Chris Muhr was being shipped out to Europe, where he had first started his career with Groupon, to become the new SVP for the Europe, Middle East and Africa as the daily deals company looks to fix its flagging European business. Muhr has replaced Veit Dengler, who had
joined from Dell only in April to take up the reigns as the Sawmer brothers began their gradual stepping away from management roles at the company. (The Sawmers' CityDeal, acquired by Groupon, forms the basis of Groupon's European operation.) Kilgarriff will report to SVP of global operations Kal Raman.
Sep 28, 7:56PM
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Ever since Paranormal Activity hit it big in movie theaters five years ago, fans have been making their own spoof videos, essentially trying to replicate the found footage style of the movies in homage to the original. Shot on a shoestring budget, Paranormal Activity became a huge hit and has inspired a series of sequels, one of which -- Paranormal Activity 4 -- is set to be released next month, just in time for Halloween.
Sep 28, 7:56PM
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Making reservations just got really easy, thanks to a new partnership. Here's what Foursquare
had to say about its parntership with OpenTable today
Sep 28, 7:55PM
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Cloud-based data warehouse company
Treasure Data officially opened its doors this week with $1.5 million in funding that includes an investment from Yukihiro "Matz" Matsumoto – the creator of the Ruby programming language.
Sep 28, 7:49PM
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Earlier today
KTVU got a major component of the
Apple Maps apology story wrong, tweeting that: "Apple CEO Tom Brooks apologizes for new Maps application http://t.co/YJbhg7tj." Obviously, KTVU got mixed up and has since corrected the error, but it sparked some funny tweets. And I couldn't get the image above out of my head until I made it real and shared it with the world. Meet "Tom Brooks."
Sep 28, 7:47PM
MyStream, a mobile music-sharing app that
launched on iOS more than a year ago, plans to go cross-platform next week with the launch of its Android app. Founder and CEO Richard Zelson also tells me the company is working on features that go beyond music-sharing, and that it's about to raise a Series A.
Sep 28, 6:30PM
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HP's TouchPad and Palm phones are dead, but webOS continues to enjoy some kind of existence as open-source technology. Following an
initial beta release back at the end of August, Open webOS graduates to a 1.0 release today. This release makes it possible to fully port the OS to a host of new devices.
Sep 28, 6:04PM
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Sources tell us there is turmoil at the executive levels of
Color Labs, the startup that launched with a focus on photo-sharing but quickly became a poster child for Silicon Valley hype after
landing more than $40 million in Series A funding but
failing to gain any real user traction. In recent months the company's leadership has been in a state of flux, we're told -- and some are attributing the instability to Color's charismatic but controversial founder Bill Nguyen. As with any startup drama, there are many moving pieces here. But after weeks of discussions with multiple sources very close to the situation, we're pretty confident that Nguyen has backed away from the typical duties of being CEO, although he retains the title in name.
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