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Nov 23, 9:29AM
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Google's Nexus 4 smartphones have been selling like
hotcakes, despite one big criticism being that the device
does not support super fast wireless broadband on LTE networks. But a video has emerged that apparently refutes that fact: you can turn on LTE on the device, by way of a simple shortcode that you enter on the dial pad.
Nov 23, 9:13AM
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Legendary game designer Peter Molyneux has kicked off his first Kickstarter campaign -- with project GODUS, "an innovative reinvention of Populous". For GODUS Molyneux is continuing to work with 22can, the Guildford-based games developer which built his first mobile game Curiosity, and talks about wanting to "recreate the entire god game genre".
Nov 22, 9:00PM
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Last week, Priceline.com acquired Kayak for $1.8 billion. That’s more than twice what Google paid for ITA back in 2010. Why did Priceline make this move? And why now? Priceline acquired Kayak for $40 a share, about $500 million in cash, $1 billion in Priceline equity, and about $300 million in stock options. Kayak got a premium price — a 29 percent premium, to be exact — from Priceline considering that, on the day of its acquisition, Kayak closed at roughly $31 a share. That’s about 54 percent higher than where Kayak was on IPO day, at $26 a share. This no doubt added to Priceline’s impression that Kayak was on the way up and that it was worth paying the big bucks to save it from having to deal with a strong competitor down the road. While the big numbers are eye-catching, Kayak hasn’t always been in such an enviable position. The company first filed to go public in late 2010 and went public in July of this year — a long road to the public markets by any standard — and one that saw Kayak posting a net loss as recently as a year ago. It finally turned that around in the first quarter of this year, posting a Q1 net income of $4.1 million and grew revenue by 39 percent to $73.3 million. Those numbers have been on the rise ever since, as Kayak posted its Q3 earnings on the same day that it was acquired by Priceline, with net income rising to $8 million, up from 14 percent from $7 million in Q3 2011. As we wrote in July after the company’s IPO, a big part of Kayak’s resurgence has been its focus on mobile. In its Q3 report, Kayak showed that its mobile revenue per thousand queries (RPM) had increased 63 percent compared to the same quarter in 2011. So having seen 56 million mobile queries during the quarter, Kayak saw approximately $3.5 million in mobile revenue, which may not seem like a lot but is a large share of the company’s overall revenues. On November 15th, Kayak announced that it had reached one billion queries in the first ten months of this year. This was significant for the company, because it first reached the billion-queries milestone in 2008 — after four years. It then took the company another three years to compile two billion
Nov 22, 8:13PM
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Induction charging seems ready for its time in the spotlight, with the Nexus 4, Droid DNA and Lumia 920 all shipping with wireless charging based on the Qi standard built-in. Now a concept design that offers solar-powered wireless charging cleverly hidden inside a futuristic looking bonzai tree hopes to become a reality with the help of Kickstarter.
Nov 22, 8:11PM
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It's Thanksgiving for us here in the U.S. of Gorging On Turkey and we wanted to give thanks for you, our dear audience. It's your constant readership and semi-trollish comments that keep us waking up in the morning and keep us from going to sleep at night. To thank you, we want to give you a $100 and a $50
ThinkGeek gift card to two lucky winners.
Nov 22, 8:00PM
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"In the Studio" kicks off some special holiday episodes this weekend by hosting a repeat entrepreneur, a product maker and marketer, a technology operator, a venture capitalist, an innovator in the venture model space, and a longtime friend of
TechCrunch.
Ron Palmeri, founder of MkII Ventures (pronounced "Mark 2" Ventures) is one of my favorite kind of entrepreneurs, the type who has throughout his
career helped start, incubate, and bring new ventures to market, all while not trying to seek too much attention for himself. After a
career in business development in Silicon Valley, Palmeri helped Minor Ventures help start companies from scratch for about five years, and as that fund closed, he wanted his next fund to be a more interwoven into the startup community.
Nov 22, 7:38PM
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ComScore
yesterday predicted that e-commerce sales would jump by 14% this holiday season compared to last year, to $42 billion, and some numbers just out from
IBM's Benchmark service -- an ongoing measurement that covers some 500 of the largest online retailers in the U.S. -- indicate that consumers are getting a head start today. Online sales, it says, are already up by 14.3% on last year, with the average order at $132.57. IBM also highlighted a particularly strong showing in mobile commerce.
Nov 22, 6:05PM
Editor's note: Nate Barker is publisher relations manager and Jamie Evans is advertising account manager at Chartboost. Here are a few things you need to know to stay calm, cool and collected this holiday season, so you can maximize the effectiveness of your mobile marketing budgets.
Nov 22, 5:46PM
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The life and times of Steve Wozniak are awesome enough already. But now Woz can add 'becoming an in-game character alongside a badass movie star' to his achievements -- having been rendered in pixel-form for a retro 8-bit style iOS platform game called 'Vengeance: Woz with a Coz'. The legendary Apple co-founder also lends his voice to the game and helped write the script.
Nov 22, 5:39PM
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One of the most interesting startups to appear at the
Slush conference in Helsinki this week was
Holvi. Not a million miles away from
Bank Simple, seed-funded Holvi plans to attack traditional bank accounts with a super simple service which also gives the account holder a tonne of tools traditionally offered by online accountancy services. Just like a traditional bank account it allows you to store money and make transfers in and out, but you can associate as many accounts with your Holvi profile, making it possible to separate finances for different projects, while at the same time giving you an overview of the account. It's an ambitious vision.
Nov 22, 5:38PM
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Along with the Thanksgiving-themed Google doodle gracing the Google.com homepage in the U.S. today (this year, it's a Thanksgiving Day parade with Google's letters as balloons), Google is also using the valuable advertising space below the search box to push Google+ and other Google properties. The homepage text reads "
Hang out with the whole family this Thanksgiving," but after clicking through, you'll discover more than just tips on using Hangouts' video chat.
Nov 22, 4:58PM
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Verizon updated its
FiOS Mobile application for iPad, which now streams 75 channels of live TV. Unlike some of the mobile experiences Verizon has released in the past, the new application doesn't require you to install software on your Mac or PC to act as the intermediary - instead, everything streams directly from the Verizon router in your home.
Nov 22, 4:05PM
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Amidst the awkward barrage of family disfunction that is the American Thanksgiving tradition, there is one constant: the interrogation of career-focused twentysomethings about why they haven't given their parents any grandchildren yet. Knowing that much of our entrepreneurial young readers fall into this troubled demographic, we thought it would be helpful for them to know about a new book that can arm them with evidence for a compelling retort: older first-time moms may live longer.
Nov 22, 4:03PM
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A new patent application from Apple spotted by
Patently Apple describes a modification to the OS X dock that combines elements of the iBooks shelves it uses in iOS devices with Launchpad to provide quicker access to more apps from a user's desktop. The application, filed in May 2011, could be an indicator of how Apple is thinking about changes to OS X's current app launching tools for upcoming iterations of its desktop OS.
Nov 22, 4:00PM
Lattice Engines has raised $20 million in a round led by New Enterprise Associates for its predictive analytics platform that gives salespeople the information to sell their products. According to
The San Francisco Business Times, the company, founded in 2006, has raised $36.5 million, including a $15 million investment in 2011 from Sequoia.
Nov 22, 3:08PM
FishBrain won the startup competition at Slush in Helsinki this week. The startup is a social network that lets sport fishing enthusiasts share their fishing experiences with friends using web and mobile apps. By adding their fishing trips and catches into the network, members can work out, for instance, what is the most effective bait to use in their favourite lake or what time of day would give them the best chance to hook that dream catch. Alas, the app is only available in Swedish right now, but I daresay an English version will be out soon.
Nov 22, 2:53PM
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How young will the casualties become in the ongoing war against online piracy? You have to wonder, when you learn that a 9-year old girl's laptop was seized by Finnish police in a raid on her home, following a complaint by the CIAPC anti-piracy group which had ISPs block The Pirate Bay in Finland. The raid followed a request that the girl's father pay up around €600 to settle piracy accusations.
Nov 22, 2:46PM
LeWeb Paris in December is getting closer and conference organizers Loic and Geraldine Le Meur have put together a
schedule featuring great speakers and companies around the theme of 'The Internet of Things'. And two lucky TechCrunch readers will be able to come for free. Just explain in the comments below this post why you should win and we'll pick the best two. If you aren't that lucky, TechCrunch readers can still grab a 300 euro discount
using the code TechCrunch.
Nov 22, 2:02PM
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Google began directing customers looking for the Nexus 4 in the U.S. to T-Mobile, since Google itself hasn't had stock for quite a while now. T-Mobile charges $199 on a 2-year contract, after a $50 mail-in rebate. That's not nearly as good a deal as the $300 Google was charging off-contract, but T-Mobile is now sold out only hours after Google started pointing shoppers in T-Mobile's direction.
Nov 22, 2:00PM
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Tablets and kitchens don't mix, but the QOOQ tablet blends these two differing flavors together into a delicious treat for whomever's lucky enough to own one. With a heat and humidity-resistant design, waterproof build, and an OS built specifically for the chef in all of us, the QOOQ was most certainly built for the kitchen, and it
stands up to that promise.
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