Monday, June 3, 2013

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Calculating The Long-Term Value Of A Bitcoin

Jun 03, 1:00AM

bitcoinsEditor's note: Joshua Seims is an angel investor and entrepreneur based in San Francisco.  He is currently building a company that provides secure storage of Bitcoins. A big question that's debated in the Bitcoin community is "How much will Bitcoins be worth in the long term." Here's how I approach this question. First, I agree with the common sentiment that in 10 years, bitcoins will either be worth nothing, or a lot more than they are now -- there is no middle ground.


Online Publisher Lulu Angles For The Next Wave Of Self-Publishing With Picture.com

Jun 03, 12:00AM

scaled.Young_BobFounded in 2002 by Red Hat's Bob Young, Lulu is one of the oldest self-publishing houses on the Internet. Initially the company offered printing services and editing tools for self-published authors and, arguably, in 2002 they would have still been called a vanity press. Now, however, they're another solid link in the chain between authors and readers.


As Mobile Devices Morph Into Wearables, Keyboard Maker MessagEase Wants Your Fingers To Settle On Its Qwerty Killer

Jun 02, 11:00PM

qwertyMessagEase is an alternative keyboard that uses a mixture of taps and gestures combined with a radically different keyboard layout designed to speed up text input by minimising typing movements. Its method compacts the keyboard space required into a small square -- which could easily fit on a wrist watch, say, or even enable a Glass wearer to type in the air with minimal finger movements.


Facebook Tries Letting You Message From Homepage Status Box To Battle Google Hangouts

Jun 02, 9:31PM

Status Composer MessagingSources confirm Facebook will test the option to send private messages from its website's homepage status composer to increase messaging rates. It will also help Facebook compete with Google, whose web chat presence is strong, and just combined its Gmail, Google+, and mobile chat systems into Hangouts. It's a risky move, as users could accidentally post private messages as status updates.


Maybe It's Time For Apple To Go Back Behind The Curtain

Jun 02, 9:07PM

wizard-of-ozLike most people, I was following Tim Cook's talk at the D11 conference with great interest. And while it generated a lot of headlines, it became apparent quickly that not much was actually being said. Just to make sure, I went back and watched the entire interview. One thing stuck out above all others: It was boring.


What Games Are: Who Will Create The No-Bullshit Games Console?

Jun 02, 9:00PM

avoidmissingballFor a device category whose core appeal is supposed to be making games simple, we get complex ambitions, the rush to features and a proposition that increasingly makes no sense. What is a game console supposed to be for? What is its core purpose? How do we deliver core purpose and connect with the root reason for buying into these platforms in the first place? Who will get past the bullshit?


What To Watch For At WWDC 2013: More Freedom For Developers

Jun 02, 8:00PM

Xcode_iconApple's Worldwide Developers Conference is a little over a week away, and that means we're already seeing a lot of buzz surrounding what will and won't appear at the conference. Apple itself has dropped hints, and recent comments from CEO Tim Cook while speaking at AllThingsD's D11 conference last week indicate developers should be especially excited about what's on tap for the annual conference – which, after all, is designed specifically to cater to that crowd.


Why The Data Problem Is A Good Thing For The Open Cloud Movement

Jun 02, 7:20PM

creative_cloud_max_13Piston Cloud Co-Founder Joshua McKenty says the OpenStack customer ecosystem has four emerging market segments. On one side are the customers who hire consultants to build them a cloud. On the other side are the IBM customers who will always be IBM customers. And in the middle are two classes of customers who have one thing in common, McKenty said.  They have a data problem and with that comes deeper interest in the infrastructure, be it their own or a third-party that manages it for them. In one camp of this middle market are the customers who want a more enterprise-grade agreement, McKenty said. They want reliability and durability in the virtual machines they run. In the other camp are the companies with SaaS or cloud apps that are seeking more than what AWS offers. Realistically, AWS is in fine shape and will continue to dominate. They were the first to step ahead and provide services that abstract the complexity of managing data. Their place in the market is solid and will remain that way for some time to come. More important? As data becomes a growing problem, so will the interest in open cloud technologies.  For example, Cisco projects a 66% compound annual growth rate in mobile traffic between 2012 and 2017. Customers that grow wildly will see a better value in moving off AWS. Others will want better service level agreeements and more control over their data.  Those companies will move off AWS, too. The DevOps movement will continue to help companies like Puppet Labs and Opscode prosper as more companies look to process more data and get better productivity while keeping heasd counts low. It’s just a complete change that will shift the trillion dollar IT budget toward the open cloud. IBM, AT&T, HP, Red Hat — all of these companies are investing in the open cloud to help companies deal with the new realities of the data world. Customers have to consider that to grow they will need to analyze data to be more predictive and more so, just develop better ways get their work done. Managing terabytes of data will be the norm.  Customers will have to think about how data moves around and syncs to different devices, be it a smartphone or a tablet. It will mean adopting open-source analytics technologiies such as Hadoop and considering how to extend the infrasrtructure at minimal cost. As


Former Facebooker Noah Kagan Tells Us Why Austin Matters

Jun 02, 6:00PM

Noah Kagan can work a room. That's the first thing you'll figure out about him. The second thing you'll learn is that he doesn't want you to move to Austin.


Bijoy Goswami Doesn't Want Austin To Be The Next Silicon Valley

Jun 02, 6:00PM

Screen Shot 2013-06-01 at 7.22.53 PMBijoy Goswami is a fascinating man. Born in India, the entrepreneurial evangelist lived in Taiwan, Hong Kong and the U.S. before attending Stanford University. Now, and for the last 15 years or so, he lives in Austin, TX, and we were fortunate to have him speak at the TC Austin Meetup + Pitch-Off. But even though he went to Stanford, The Human Fabric author doesn't want Austin to become the next Silicon Valley.


HitFox-Incubated Mobile Games Marketing Platform AppLift Raises $13M Series A

Jun 02, 5:20PM

Final-AppLift-Logo-.1As mobile gaming has exploded, it follows that startups helping to feed and in turn feed off the mobile gaming ecosystem are poised for growth. One such company is AppLift, the mobile games marketing platform co-founded and backed by games distribution incubator HitFox, which today is announcing that it's closed a $13 million Series A round from Prime Ventures.


Iterations: From Amazon Prime To Amazon Pronto, The Future Of Physical Delivery

Jun 02, 5:00PM

msrks

"Membership has its privileges." A slogan made famous by American Express today also applies to an online membership many, many people happily keep: Amazon Prime. Ever since committing to Prime -- and this is anecdotal -- but our household trips to Target steadily decreased, and in 2013, outside of one trip to replace a defective item in a pinch, I haven't shopped for household goods in any mega-store. With Prime, Amazon pulled off one of the most elegant consumer segmentations, encouraging members to fill their carts with a few clicks or taps from any device and training customers to continuously ask the following question at the time of purchase: "Do I need this item before 48 hours?"




Netflix CEO Reed Hastings On Arrested Development, Managing Content Licenses, And Coming Back From The Qwikster Debacle

Jun 02, 3:00PM

netflix-reed-hastingsIn an interview at the D11 conference, Netflix CEO Reed Hastings and Chief Content Officer Ted Sarandos talked about the company's plans for more original programming, as well as its relationship to other content providers and distributors.


Yahoo Shuts Down Mail Classic, Forces Switch To New Version That Scans Your Emails To Target Ads

Jun 02, 11:57AM

Yahoo Mail Classic DiscontinuedStarting the week of June 3rd, tomorrow, Yahoo is discontinuing Mail Classic. It's requiring all Mail users to switch to the new version and accept a TOS/Privacy Policy update that lets it scan emails to "deliver product features, relevant advertising, and abuse protection". You can opt out of the ads, but if you don't want to be scanned, you have to ditch Yahoo Mail.


The New "Handmade" (Part Three)

Jun 02, 1:00AM

mixeemeConsumer interest in 3D printing is booming, thanks to increasingly affordable printers, crazy stories about 3D-printed candy, human ears and handguns, all of which are impressive technological leaps. But 3D printing is fueling artists' creativity, too, whether those artists are formally trained experts or self-taught newcomers, finding their way around by watching YouTube tutorials.


CrunchWeek: Elon Musk Dominates Tech, Waze Sale Talks Falter (Again), Jury's Out On Arrested Development

Jun 01, 10:00PM

Screen Shot 2013-06-01 at 9.40.26 AMThanks to the Memorial Day holiday, it was a shorter week than normal for many of us (at least those of us in the United States) -- so here's to the weekend, and to a new episode of CrunchWeek, the TechCrunch TV show where a few of us writers sit down for some real talk about the stories that dominated the tech world over the past seven days.


Crowdstar Picks Up An Extra $12M To Fuel Its Move Onto Tablets, Mobile

Jun 01, 9:20PM

Screen Shot 2013-06-01 at 10.38.31 PMCrowdstar, the social and mobile gaming company that has built several fashion-focused titles, just picked up another $12 million from existing investors to bring two products to market later this year. As you might expect, both are mobile and Crowdstar CEO Jeffrey Tseng says the company now has a renewed focus on tablets. Competing companies like Finland’s Supercell have made tablet gaming their bread and butter, with higher engagement and player spending fueling revenue growth. We picked up the new funding through an SEC filing, but Tseng later confirmed it. “So it’s the same internal investors, but I can’t talk much about the products,” Tseng said. He said that one will be fashion-focused like Top Girl and Social Girl while the other one will be different. An early player on the Facebook platform, Crowdstar had to migrate onto iOS and Android like the rest of the industry. Zynga is making a similar transition, but as the legacy leader on Facebook, it’s had a tougher time involving job cuts and studio closures. While it was never anywhere near the size of Zynga, Crowdstar has stayed small through the transition with 70 people overall. Back in 2011, when it was crossing over to iOS, the company’s previous CEO Peter Relan said Crowdstar would have a three-prong strategy involving mobile platforms, Facebook and international reach. But since then, they’ve shifted their entire focus to mobile. “We’ve completely switched to mobile and the focus will be on tablets,” Tseng said. The new round brings Crowdstar’s overall funding to date to more than $46.5 million. It comes as marketing spending has risen on mobile platforms, bringing the cost of launching a new game into the millions of dollars. “Platform are getting to the point where the fidelity and expectations have to be higher,” Tseng said.


As Anti-Government Protests Erupt In Istanbul, Facebook And Twitter Appear Suddenly Throttled

Jun 01, 9:19PM

Screen Shot 2013-06-01 at 23.16.42A massive anti-government protest in Istanbul, prompted after days of unrest were sparked by plans to redevelop one of the last remaining central public parks, appears to have lead to a throttling of social media both in the city and across Turkey. TechCrunch has independently verified via a number of sources that both Facebook and Twitter have been almost impossible to access from inside Istanbul, and other parts or Turkey. There are also anecdotal reports of authorities switching off access in a localised manner around Taksim Square where thousands of people are demonstrating.


Mozilla Readies Major Firefox Redesign As It Ponders What The Browser Of The Future Should Look Like

Jun 01, 8:00PM

firefox_aurora"Maybe we shouldn't even call it a browser anymore," Mozilla's VP of Firefox engineering Jonathan Nightingale told me a few days ago. "'Browser' is really an antiquated word. People don't really browse all that much anymore." Instead, he argues, we now mostly use our browsers to access sophisticated web apps, web-based productivity tools and social networks. For browser developers, this means they have to start to rethink what their browsers should look like now that usage patterns have changed and that the majority of users have become pretty experienced Internet (and browser) users.


How Samsung Got Big

Jun 01, 7:00PM

samsungThe cellphones were stacked up high in the Gumi factory yard and more were coming out every minute. Phones, TVs, fax machines, and other gear shattered as it hit the concrete and Samsung CEO Kun-hee Lee and his board cracked the screens and cases with heavy hammers. Then they lit a bonfire and threw everything in.



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