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The Secret Science Behind Big Data And Word Of Mouth

Jun 16, 1:00AM

WordofmouthEditor's note: Jonah Berger is a marketing professor at the Wharton School and author of the New York Times bestseller Contagious: Why Things Catch On. Why do some companies, products and services get more word of mouth than others? It's not luck. There's a science behind it. Social media gurus always preach that no one talks about boring products or boring ideas. So you would think that more interesting products and brands get talked about more. Surprisingly, novel things get brought up more than mundane ones.


Hampton Creek Foods Shows Off Its Egg-Less Scrambled Eggs

Jun 15, 11:40PM

HCF_OnWhiteHampton Creek Foods, a food tech startup backed by Khosla Ventures and Founders Fund, is getting ready to expand beyond its initial product Beyond Eggs — though it's not leaving eggs behind entirely. The company recently released the YouTube video embedded below, which gives a brief glimpse of its upcoming scrambled egg replacer. And founder/CEO Josh Tetrick told me that he just got off-stage at TEDxEdmonton, where he gave the full demo.


Tristan O'Tierney, Square's Co-Founder And Early iOS Engineer, Leaves For Destinations Unknown

Jun 15, 10:11PM

tristan o tierneyTristan O'Tierney, a co-founder at payment company Square, announced via tweet that yesterday was his last day at the company. O'Tierney is less well-known than his co-founders, particularly the company's CEO Jack Dorsey, but according to his LinkedIn profile (where he describes himself as an iOS engineer), his accomplishments include building the original iPhone app, as well as being a "large contributor" to its first iPad app, the first Pay with Square product, and the Register app.


Blue Apps Are All Around But Blue Tones Get Less Of A Role In iOS 7′s Psychedelic Redesign

Jun 15, 10:00PM

blue appsWhy are so many apps blue? The obvious answer is many tech brands contain blue in their logo or tradedress. But why? What's with the love of blue tones? I ask because the number of blue icons on my phone has reached a kind of tipping point where I'm often firing up the wrong (blue) app. Apple's iOS 7 redesign is also pushing away from using lots of blue, towards a more balanced multicoloured look.


Doing Mobile Monetization The Right Way

Jun 15, 9:00PM

appsEditor's note: Chris Moore is a partner at Redpoint Ventures where he focuses on making investments in consumer Internet, online marketing and SaaS companies. This year alone, there is an $11.4 billion mobile advertising opportunity, which means there is tremendous upside for nimble and innovative startups with disruptive mobile-first models. As we saw from Facebook last year, the company was able to turn around and actually make something of its mobile business – a business that didn't exist at the time of IPO. However, despite the potential of the market, and Facebook's early success, we're still a long way from realizing the promise of the mobile medium.


CrunchWeek: Path's $1B Valuation, Google's Waze Buy And The WWDC Recap

Jun 15, 8:08PM

LogoIt's that time of the week for a new episode of CrunchWeek, the weekly show where three of us writers plop ourselves down in the TechCrunch TV studio for some real talk about the most interesting stories from the past seven days. Colleen Taylor, Greg Kumparak and I chatted this week about private social network Path's rumored $1 billion valuation and the company's growth to 12 million users, which has been questioned over the past few months.


Silicon Valley Real Estate Update: The Craziest Market In The U.S. Just Got A Little Less Crazy

Jun 15, 7:00PM

San Jose ListingEditor's note:Glenn Kelman is the CEO of Redfin, a technology-powered real estate broker backed by Madrona Venture Group and Greylock Partners. Well what do you know! After writing on TechCrunch for the past year about how Silicon Valley's Gatsbyesque wealth couldn't find much real estate to buy, Bay Area inventory is up. Bidding wars are down. And rising rates are squeezing buyers who have to borrow money. Below is Redfin's quarterly rundown of what's happening in Silicon Valley real estate.


Security Psychology And Why Even Messy Numbers Of Government Data Demands Are Valuable

Jun 15, 5:24PM

Psychology Of FearPeople assume the worst. So when it comes to counting government "requests" for private data, a hard number, even a high number, is far better than the fear of infinity. That's why tech giants are fighting to show they aren't open books surrendered to the NSA. They want to prove only the suspicious are spied upon.


Diary Of A 5,000-Hours-Per-Year Internet Troll

Jun 15, 3:00PM

Goblin-from-Troll-2-shootEditor's note: James Altucher is an investor, programmer, author, and several-times entrepreneur. I know you do it. We all act like we don't do it, like we're all pristine human beings who WOULD NEVER do perverse things like that. But I know you do it. And you do it a lot. You respond to trolls.


Can BuzzFeed Be Stopped?

Jun 15, 1:00PM

BuzzFeed-logoIt's been a good week for old media. The Guardian, The Washington Post, The New York Times, and The Wall Street Journal have all done a superb job of reporting on the NSA/PRISM revelations. Unfortunately it has also been a terrible decade for them. Newspaper advertising revenue has fallen by more than half since 2007, and paywalls aren't even coming close to covering that loss. Worse yet, nimbler competitors are doing their breakneck best to steal the audience...and they seem to be doing it well.


Disrupt Europe Startup Battlefield Deadline Is Approaching - $50,000 Is At Stake

Jun 15, 11:58AM

disruptCalling all startups from Europe, the Middle East and Africa. We want you. For the very first time, the full TechCrunch Disrupt conference (complete with the main TechCrunch Editors and Writers) is coming to Europe and we're looking for the very best startups to launch on our Disrupt stage as part of the world-famous Startup Battlefield. The winner gets a shiny Disrupt Cup, $50,000 cash, and a huge amount of attention from the world of tech.


Google X Announces Project Loon: Balloon-Powered Internet For Rural, Remote And Underserved Areas

Jun 15, 4:58AM

2013-06-14_2125Google X, the secretive lab behind projects like Google Glass and Google's self-driving cars, announced its latest project today: balloon-powered Internet access for those areas of the earth where regular terrestrial Internet isn't a good option. Earlier this week, Google started testing these balloons, which are meant to provide Internet access comparable to 3G networks while sailing the stratospheric winds, in New Zealand.


Trading Faster Than The Speed Of Reality

Jun 15, 4:00AM

stock tradesEditor's note: Michael Wellman is a professor of computer science and engineering at the University of Michigan College of Engineering.  At 1:07 p.m. on April 23, a hijacked AP Twitter account falsely reported an attack on the White House. Seconds later, major US stock indexes started to fall. They were down 1 percent by the time the tweet was publicly identified as bogus three minutes later. And in another three minutes, the markets had recovered to pre-tweet levels.


Facebook Makes The First Big Dent On FISA, Releases Data On All U.S. Government Data Requests

Jun 15, 1:32AM

Facebook Through GlassUpdated. As the PRISM scandal shows no signs of dying down in the public consciousness, Facebook has just released the fullest account to date of the requests it has received from United States law enforcement and governmental authorities for the data surrounding its users. To borrow a phrase from local news sizzle reels, the numbers may surprise you. In a report issued today on Facebook’s company blog, general counsel Ted Ullyot wrote: “For the six months ending December 31, 2012, the total number of user-data requests Facebook received from any and all government entities in the U.S. (including local, state, and federal, and including criminal and national security-related requests) – was between 9,000 and 10,000. These requests run the gamut – from things like a local sheriff trying to find a missing child, to a federal marshal tracking a fugitive, to a police department investigating an assault, to a national security official investigating a terrorist threat. The total number of Facebook user accounts for which data was requested pursuant to the entirety of those 9-10 thousand requests was between 18,000 and 19,000 accounts. With more than 1.1 billion monthly active users worldwide, this means that a tiny fraction of one percent of our user accounts were the subject of any kind of U.S. state, local, or federal U.S. government request (including criminal and national security-related requests) in the past six months. We hope this helps put into perspective the numbers involved, and lays to rest some of the hyperbolic and false assertions in some recent press accounts about the frequency and scope of the data requests that we receive.” More information can be found here, and we’re updating the story as it develops. UPDATE: Microsoft has followed suit, releasing its own figures on official U.S. data requests including FISA orders in its own blog post shortly following Facebook’s disclosures, writing: “For the six months ended December 31, 2012, Microsoft received between 6,000 and 7,000 criminal and national security warrants, subpoenas and orders affecting between 31,000 and 32,000 consumer accounts from U.S. governmental entities (including local, state and federal).” But at first blush, those numbers may not seem as scary as the initial reports on governmental surveillance of web activity would imply. Though the government under FISA does have the right to request as much information as it would like in the name of national security, it seems that those requests


Elastic Path Raises $8M For Commerce Everywhere API Platform

Jun 14, 11:06PM

elasticpathlogoElastic Path has raised an $8 million debt round to fuel the development of its "commerce everywhere," API -- a hypermedia platform that abstracts backend complexity for the front-end developer and business person.  Wellington Financial out of Toronto provided the financing. Elastic Path has traditionally served as an e-commerce company. But over the past few years, it has focused on  building an API platform that extends the capability for businesses to take commerce beyond a website. Vice President of Marketing Matt Dione said the company will use the funding to invest in its API platform.


Google Quietly Kills Quick View For Wikipedia Results In Mobile Search

Jun 14, 10:15PM

Google Logo 2010In April, Google announced a couple of new features that were meant to speed up mobile browsing. Among them was "Quick view," an experimental feature that added a badge to Wikipedia results on Google's mobile search results pages that, when you clicked it, loaded the Wikipedia result in around 100 milliseconds. Now, however, it looks like these Quick view badges were indeed just experimental and have quietly disappeared from Google's mobile search results pages.


Ask A VC: Canaan Partners' Maha Ibrahim On Why There Aren't More Women VCs

Jun 14, 9:45PM

mahaIn this week's Ask A VC epsiode, we had Canaan Partners' Maha Ibrahim in the studio to chat about her perspective on social gaming and more. Ibrahim, who has worked at Canaan since 2000, invests in cloud, social gaming and digital media companies for the firm. We raised an interesting question to Ibrahim: Why aren't there more female VCs in the industry? According to a recent report, of the 25 most active VC firms in 2011, only 8 percent of their investment professionals were women. Many of these firms don't have female investment professionals at all.


Jack Dorsey, Mayors Bloomberg And Lee Will Co-Host Digital Summit On Sept 30th

Jun 14, 9:39PM

Screen Shot 2013-06-14 at 2.35.03 PMSquare CEO Jack Dorsey and the Mayors of New York City and San Francisco announced today that they will be collaborating on a digital technology summit, to be hosted on September 30th in the Big Apple. At a press conference at Square this afternoon, San Francisco Mayor Ed Lee gave a few details about the upcoming summit, which will bring together industry stakeholders for a big-think meeting of how to solve social issues.


With Big-Name Backing And Some eBay Flavor, These Startups Are Looking Shake Up The Art Market

Jun 14, 9:38PM

Screen shot 2013-06-11 at 6.53.37 AMEbay is generally credited with being the first company to bring auctions -- a system that, for nearly 2,500 years, had exclusively taken place live in noisy, public (and offline) forums -- into the Digital Era. But, today, in spite of the fact that eCommerce has become a thriving global industry, with online marketplaces collectively topping $1 trillion in sales last year, one market in particular has managed to resist the disruptive influence of technology and online commerce: The grand old world of fine art.


Facebook Will Launch A News Reader At June 20th Press Event

Jun 14, 8:54PM

fbpaperThe upcoming death of Google Reader, mentions of RSS in Facebook's code, and the addition of hashtags signal Facebook will likely launch a news reader at the June 20th press event it's just sent out mysterious invites to. A news reader app and web product could take advantage of Facebook's treasure trove of aggregate data on what people share to surface popular and personally recommended articles.



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