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Apple Vs Samsung: Judge Koh Makes Plea For "Global Peace" As Pair Muster Latest Round Of Legal Arguments
Dec 07, 10:34AM
In the latest episode of the Apple vs Samsung legal drama that's been playing out in the U.S. district court of Northern California, the pair met again at an appeal hearing on Thursday to argue their respective corners. Judge Lucy Koh is reviewing the jury's $1.05 billion verdict against Samsung.
WAYN Hits 21M Users, Signs Partnership To Reach India Today's 100M User Base
Dec 07, 9:57AM
It's been a while since we checked in with WAYN, (Where Are You Now), but the super early player in travel/lifestyle social media has quietly clocked up over 21 million members, in part by sticking to its travel niche religiously. Today its announced a "multi-million dollar" (terms were not disclosed) strategic partnership with India Today Group (ITG), one of the biggest media conglomerates in India, which has access to almost 100 million of India's educated population, via 38 magazines, four Television channels, seven radio stations, 12 web portals and 56 apps across mobile and tablets. According to some estimates, India has around 137 million users online, so this is not an insignificant deal by any means.
Google Kills Free Google Apps For Business, Now Only Offering Premium Paid Version To Companies Of All Sizes
Dec 07, 8:56AM
Google has announced a change to Google Apps for Business -- ending the free version of the product, offering only its Premium version which costs $50 per user per year, regardless of the size of the company. Existing Google Apps for business users who have free accounts get to carry on without paying the subscription fee but businesses wanting to sign up from now with have to pay.
Uber For Maids: GetMaid Launches Its On-Demand, Premium Maid Service In New York
Dec 07, 6:26AM
Like Airbnb, Uber has spawned a subset of startups that are looking to capitalize on the success of its premium, mobile, on-demand model and bring a little innovation to their chosen offline industries. Exec, Cherry, YourMechanic and Postmates are a few examples of the growing "Uber for X" category. Naturally, it was only a matter of time before the formula was applied to maids. That's right. Get Maid, a New York-based startup, is launching today to take the hassle out of finding and scheduling a professional to clean your apartment. A la Uber and Exec, Get Maid is an on-demand, mobile-first premium service that makes it easy to quickly book a maid via its Android and iPhone apps or its website, GetMaid.com.
Singapore Startup, The Stakeholder Company, Applies Algorithms To Public Relations
Dec 07, 6:24AM
Founded by a former Microsoft lead, The Stakeholder Company's aim is to help organizations maintain their public image by streamlining research. The Singapore-based startup uses patented software to make decisions quickly and prevent potential PR nightmares before they happen.
Startup NYC: Citi Lays Off 11K Finance Employees, Thinkful Tries To Get Them Hired In Tech
Dec 07, 5:12AM
Citigroup took a big hit yesterday, as its new CEO Michael Corbat announced the company's intention to lay off 11,000 employees and "pull back in emerging markets" in an effort to cut costs amidst challenging times for big banks. According to Bloomberg, this represents a 4.2 percent reduction of Citi's total workforce and hits hardest in trading, investment banking and transaction services groups, which alone will shed nearly 2,000 jobs. Consumer banking, at large, will cut over 6,200.
Even The FCC Thinks Airplane Electronic Rules Are Bogus
Dec 06, 11:57PM
Air travel would be a profoundly dangerous practice if any kid who turned on a Game Boy during takeoff could bring a multimillion dollar jetliner to its fiery doom. The Federal Aviation Administration, which mandates that nice airline stewards must pester you to turn off your electronics, has reluctantly agreed to review the electronics policy in light of increased press attention.
BlueStacks Hits 5M Installs, Rumored To Be Bringing 750K+ Android Apps To Windows RT Devices
Dec 06, 11:25PM
It appears that BlueStacks isn't just a flash in the pan. The Silicon Valley-based startup, which makes software that allows users to run their Android apps on Macs and PCs, said today that it has passed 5 million organic installs through its homepage. Vanity stats like this are annoying, yes, but what's notable is that BlueStacks hit this milestone in under eight months. And the news comes on top of its recent partnerships with AMD and Asus, which have announced their intention to pre-load BlueStacks' technology on over 100 million units.
Netflix Being Investigated By The SEC For CEO Reed Hastings' Public Facebook Posts
Dec 06, 11:11PM
As if Netflix didn’t have enough problems: The company announced today that it is being investigated by the SEC for a post that CEO Reed Hastings had made on his public Facebook page in June. In an SEC filing earlier today, Netflix reported that it received a notice from the regulator, which might seek a cease and desist or injunction against the subscription video company and its CEO. At issue was a post in which Hastings announced that Netflix subscribers had watched more than 1 billion hours of video in June. That post got picked up by a number of news outlets, and Netflix stock rose that day. But as a result, the company is facing regulatory scrutiny for violating Reg FD, which is designed to provide equal access to material information among all investors, whether they be at big institutions or own small amounts of Netflix stock individually. That regulation requires public companies to issue a press release or Form 8-K when making material public information available. Hastings took to Facebook (again) to defend his actions and to call into question the SEC investigation. He noted that the Facebook post was widely disseminated by the media, and compared the post to a previous statement the company had made on its blog, for which Netflix also didn’t release a press release or 8-K. Among other things, Hastings wrote: “First, we think posting to over 200,000 people is very public, especially because many of my subscribers are reporters and bloggers. Second, while we think my public Facebook post is public, we don't currently use Facebook and other social media to get material information to investors; we usually get that information out in our extensive investor letters, press releases and SEC filings. We think the fact of 1 billion hours of viewing in June was not "material" to investors, and we had blogged a few weeks before that we were serving nearly 1 billion hours per month. Finally, while our stock rose the day of my public post, the increase started well before my mid-morning post was out, likely driven by the positive Citigroup research report the evening before.” Blogs, Twitter accounts, and now the public Facebook pages not only of a brand or corporation, but also of its officers. That’s the brave new world that the SEC is faced with regulating, and one that it doesn’t necessarily seem ready for. It’ll
Big Data Leader Cloudera Raises $65M To Fuel Further Hadoop Adoption
Dec 06, 11:02PM
loudera has raised $65M to further fuel Hadoop adoption and expand its European operations. The new round led by Accel Partners, brings the total raised to $140 million. Existing investors Greylock Partners, Ignition Partners, In-Q-Tel and Meritech Capital Partners all participated in the round.
SmartShoot Unveils Profiles For Its Professional Filmmakers And Photographers
Dec 06, 10:53PM
Custom photography and video marketplace SmartShoot has released a new feature allowing you to browse the profiles of the filmmakers and photographers on the site. The company was previously known as TurnHere, and it focused on creating promotional videos for businesses. However, it relaunched in October as a more general marketplace for photo and video services, such as finding a wedding photographer or a videographer for a recitcal.
YouTube Is Launching A Redesign To Reduce Clutter And Put Videos Front And Center
Dec 06, 10:42PM
The new version of the YouTube homepage is centered around the YouTube Guide, which shows all new videos from channels that users have subscribed to. It also recommends channels that you might like, based on viewing habits, as well as those that your friends are watching. The new Guide feature doesn't just live on the web in the browser, but will also be on mobile devices and connected TVs.
Foursquare Gets Better For Business: You Can Now Add Events To Your Venue
Dec 06, 10:35PM
There are reasons why we go where we go, eat where we eat, and drink where we drink. Maybe it's the ambience, maybe it's that cute waitress or waiter, or maybe it's karaoke night. Today, Foursquare has announced that businesses can now add events to their venues. This is a pretty huge step towards helping you find new places to go and tell your friends about why you go there...without doing any work.
GREE's U.S. Offices See Layoffs Amid Difficult Quarter, Potentially 30 Or More
Dec 06, 8:35PM
After a difficult quarter for GREE with profit declining year-over-year, the Japanese gaming company is having layoffs in its U.S. offices. The company just came off a very poor quarter where it was hurt by a stricter regulatory environment in Japan and the rising costs of its campaign to expand internationally outside of Japan. The company saw net profit dip by about 4 percent to $110.3 million after several quarters of dramatic sequential increases. Buried in a release today about a new venture effort to fund gaming companies was a paragraph describing "redundancies." It said:
Revolve Robotics Announces Kubi, A Telepresence Rig That Works Like Your Neck
Dec 06, 8:13PM
Kubi means "neck" in Japanese and that's just what this new telepresence product is supposed to reproduce. This rig, designed to work with any tablet, essentially creates a user-controlled pivoting system that allows the person you are video-calling to control the position, angle, and rotation of the tablet camera.
Gift Guide: Mujjo Touchscreen Gloves
Dec 06, 8:07PM
The Nokia Lumia 920 can be used with any gloves: it's a miracle. But for the vast majority of other smartphones, that's not the case, so there are a variety of sellers making touchscreen compatible gloves. Netherlands-based Mujjo was one of the first to try and make some that are actually stylish and durable, and they've been updated this year with a number of improvements.
Gift Guide Giveaway: A Brand New Lytro Camera #LytroMeTC
Dec 06, 8:06PM
We've written numerous posts about the Lytro camera and have done gift guide reviews on it, so we thought -- why not give one away? Thanks to Lytro, we have one free 8GB camera to give away. The Lytro is one of the most sought after cameras out there right now because it's so different. By using propriary systems, the photograph's point of focus and now perspective can be altered after its shot. There isn't another camera that can do that.
"In the Studio," Canaan's Ross Fubini Brings An Engineer's Mind To Sand Hill Road
Dec 06, 8:00PM
"In the Studio" begins to wind down the year by hosting someone who can lay claim to the following roles -- developer, engineer, CTO, VP of Engineering, and founder -- and now, after a few years of angel and seed investing, has moved down to Sand Hill Road as a partner at a large venture firm. You may not notice on first glance, but Ross Fubini has racked up a diverse set of experiences in his 15 jam-packed years in the Valley. Well-known among technologists in the Valley, Fubini is otherwise another quieter builder who has amassed a dizzying array of experiences since interning at Netscape while studying engineering at Carnegie Mellon, moving from an engineer into leadership roles with more management responsibilities, founding his own company and quarterbacking the investment and acquisition process, and then getting involved with companies at the seed level as an angel investor with Kapor Capital in San Francisco. Fubini is also sought after for his opinions on core technology, and is a formal advisor to Palantir.
YouTube Relaunches NextUp Program To Find Collaborative Creators
Dec 06, 7:59PM
YouTube is launching the next round of its YouTube NextUp program with collaboration in mind. YouTube will choose 30 creators who have decided to partner up and create videos together and provide them with funding, equipment, and some classes to help them jump-start their work together.
Peanut Labs Launches Samplify, Promising A DIY, Flexible Approach To Market Research
Dec 06, 7:24PM
Social media research company Peanut Labs is launching a new product today called Samplify, which co-founder and CEO Noman Ali described as a "DIY" approach to the company's core sampling product. Normally, setting up a sampling project (i.e. surveying a representative sample of the population for market research) with Peanut Labs or another company requires a lot of back-and-forth, Ali said, often over email: "from delivery feasibility to cost estimates to project set up to soft launch and then continuous monitoring while the project is in field."
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