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As IPO Nears, Twitter CEO Says "We Think Of Revenue Like Oxygen"
Jun 29, 11:09PM
As Twitter nears its IPO, CEO Dick Costolo seemingly refuses to focus on the money. "We think of revenue like oxygen. Essential to life but not the first thing you think about in the morning," he told Katie Couric at The Atlantic's Aspen Ideas Festival. "I don't try to get caught up in short-term thinking about the company." Given the impending IPO, this is likely Costolo's last interview, so these quotes will haunt them as the $10 billion IPO frenzy ramps up.CrunchWeek: Sean Parker's TechCrunch Post, VCs Get Into PR And Journalism, SnapChat Snaps Up $80 Million
Jun 29, 10:00PM
Whatever happened to the slow and lazy summer news weeks of yore? This past week certainly wasn't one of them, as evidenced by all the fun stuff we had to talk about during this episode of CrunchWeek. Leena Rao, Anthony Ha and I piled ourselves into the TechCrunch TV studio to discuss some of the most interesting tech news stories from the past seven days: Sean Parker's epic guest post on TechCrunch in which he tackled the criticism of his wedding and the larger state of modern journalism, venture capital firms such as First Round Capital expanding into publishing their own content, and SnapChat's $80 million round of funding ($20 million of which went straight to the app's two young cofounders.)You Can't Quit, Google Reader, Because I Already Fired You
Jun 29, 9:00PM
Google Reader is dying come Monday, and the whole Internet is sad. I'm not sad. I won't miss it at all. I used to use Google Reader a lot, as in every day, and it was once a key component of my arsenal of work tools, too. Reader was the pulse of the Internet, my way of staying up to date with everything that happened while I was waking or sleeping. In tech news, having a resources like Google reader is important. Or wait no: was. Was important.IE11 Gives Microsoft A Shot At Browser Redemption
Jun 29, 8:00PM
Internet Explorer is a hard product to love. It was so bad for so long and Microsoft abused its position of having the dominant browser for so many years that even today, with a few solid releases under its belt, IE still feels like the browser you should hate. But with IE11, which just launched with the Windows 8.1 Preview, Microsoft is finally stepping up its game to the point where there's a reason to take IE seriously again. And it deserves another look from both developers and users.DFJ Restructures Firm Partner Network
Jun 29, 7:00PM
Back in 1990, then relatively young venture firm Draper Fisher Jurvetson started thinking about how to expand the firm's presence outside of Silicon Valley and share ideas and diligence with other VCs in the industry. DFJ created a partner network of independent VC firms across the globe that adopted DFJ branding. It was the closest thing to VC franchising at the time.A Year After Launch (And With 300K Sites Created), 'Social Front Page' RebelMouse Mulls Ad Strategy
Jun 29, 6:00PM
It's been a little more than a year since former Huffington Post CTO Paul Berry first launched RebelMouse, a service allowing users to pull their content together from across social networks. To mark the occasion, Berry stopped by the TechCrunch office to look back at the past year and hint at his plans for the future. Overall, Berry said that the service's growth has backed up his initial vision. "We haven't done any pivots — we've just been following the core path," he said. "A year ago, I had all these hypotheticals of how people could use the product. Now there's an insane amount of anecdotal evidence."Nokia Launches Nimbuzz Chat App To Tell Indian Users To Trade Up To A Smartphone
Jun 29, 5:53PM
After biding it's time in emerging markets, free messaging app Nimbuzz has ben ratcheting up the news and partnerships lately. It's hit 150m users globally, is strong in Asia, India and Saudi Arabia, has been adding new apps for platforms like Windows 8, and signing telco deals.Gillmor Gang: Interdependence Day
Jun 29, 5:00PM
The Gillmor Gang — John Borthwick, Robert Scoble, Kevin Marks, Keith Teare, and Steve Gillmor — marvel at the mutually assured creation of a partnership between Larry Ellison's Oracle and Marc Benioff's Salesforce.com. Few would have predicted such a stunning partnership just a few years ago, but the crescendoing intersection of cloud, social, and mobile has borne sudden fruit. The only constant:Why Oracle And Salesforce, Once Bitter Rivals, Are Now On Cloud Nine
Jun 29, 4:00PM
Marc Benioff and Larry Ellison, the CEOs of two of the more powerful enterprise companies in the world -- Salesforce.com and Oracle -- are not known to be the chummiest of execs. Before this week's sudden truce -- which will see the two companies integrate their cloud services -- the only clouds that connected the two were dark and foreboding ones, as the two pitted themselves and their companies against each other in brinkmanship-style competition, chasing similar acquisitions and similar strategies to stay within sight of each other.If You Must Wear Your Tech, Try Not To Look Like An Idiot
Jun 29, 3:00PM
Like Dance Moms or protein-only diets, wearable tech is one of those things that simultaneously incites excitement, bandwagonning, distrust and disgust. Gut instinct tells us we're turning into cyborgs, which is either terrifying or great, depending on how you see it. Maybe we will become more efficient, fit versions of ourselves, or maybe we are simply setting ourselves up for the government to steal a new wealth of personal information. As Sarah wrote, the future of wearable tech is nearly impossible to predict, even for those most involved in its development. These are big concerns. But I have another one: that your wearable tech is making you look like a tool.Pirate3D Printer Exceeds Kickstarter Goal By 14X
Jun 29, 2:00PM
The Pirate3D Buccaneer printer has been successfully funded on Kickstarter, reaching $1,438,765 in funds—more than 14 times its original $100,000 goal. The Singaporean startup burst onto the scene in May with news of its relatively inexpensive printer. The Buccaneer cost $347 on Kickstarter, far cheaper than the Makerbot Replicator 2.0 at $2,199. For reference, the Form One, which has just started to ship, set its Kickstarter pledge at $2,299. The printer is pitched as a consumer device, and Pirate3D makes a library of objects available through a drag-and-drop Web-based GUI (graphical user interface), for people unfamiliar with CAD (computer aided design) software to customize objects. You can download its Android app to test out the interface. Pirate3D is placing so much emphasis on this interface that it is resting its future survival on its software hopes, said co-founder Roger Chang. “I’m certain you’ll see a fake Buccaneer within the next six months,” he said. Hardware copying is inevitable in this business, and to stem the possibility of being edged out by a fake, the company is planning to outsource the brains of its device, he said. This will allow other hardware makers to produce similar machines, but still plug into Pirate3D’s software library. This will allow it to stay relevant in the industry, and ahead of the copies. The company is working on releasing an SDK (software development kit) for its Smart Objects library as well, to encourage the community to populate the pool of items in it. Over 3,000 machines have been ordered through Kickstarter, and Pirate3D is working with manufacturers in Singapore to get mass production going. The third-party manufacturers are headquartered here, but mass work will be done in China, where their factories are. With any luck, the first prototypes will come out in December, and proper models will start shipping in February next year, said Chang.Tomorrow's Surveillance: Everyone, Everywhere, All The Time
Jun 29, 1:00PM
Everyone is worried about the wrong things. Since Edward Snowden exposed the incipient NSA panopticon, the civil libertarians are worried that their Internet conversations and phone metadata are being tracked; the national-security conservatives claim to be worried that terrorists will start hiding their tracks; but both sides should really be worried about different things entirely.Launching A Startup? Make A Clean Legal Break From Your Employer First
Jun 29, 4:00AM
Editor's note: Stephanie Singer practices law at WilmerHale, where she advises emerging companies in the technology and life sciences industries on formation, financings and ongoing corporate matters. Before quitting your job to launch a startup, read the documents you signed with your current employer carefully. They could contain provisions that put your new venture at risk.After Three Months Of Work, Digg Reader Officially Opens To The Public
Jun 29, 3:39AM
Despite much wailing and gnashing of teeth Google Reader is finally set to go dark next week, and more than a few companies (including TechCrunch owner AOL) are shooting to fill the gap it's going to leave behind. Digg Reader is probably the most prominent of those reader replacements, and just a few minutes ago the team officially announced on the Digg blog that the long-running project is now open to the public.Foundation: Evan Williams on Hatching Big Ideas
Jun 29, 12:00AM
In today's episode of my Foundation series, serial entrepreneur Evan Williams talks candidly about his experiences building Blogger, Twitter, and his latest project, Medium. Ev recounts the early days of Twitter, shares what he's learned about how to scale fast-growth products, and explains his philosophy about the power of collaboration.Drew Houston And Bryan Schreier On Dropbox's Future As An Enterprise And Consumer Company
Jun 28, 10:30PM
Dropbox founder and CEO Drew Houston and Sequoia Capital partner Bryan Schreier joined us in the TechCrunch TV studio for a special three-part series on how Houston and Schreier work together on recruiting, growing as a CEO, and building the company.Co-Founder "Who Made Numbers God" At Zynga Joins Bee Cave Games As Advisor/Investor
Jun 28, 10:23PM
Zynga co-founder and godfather of metrics-based game development Eric Schiermeyer quietly slipped out of the company, is working on a new startup, and today announced he's become an investor and advisor to Bee Cave Games. Bee Cave Games CEO Erik Bethke tells me Schiermeyer's advisor role is a weekly commitment and his investment is part of a forthcoming funding round in the low millions.Ask A VC: General Atlantic's Brett Rochkind On Spotting Startups That Have IPO Potential
Jun 28, 9:30PM
In this week's Ask A VC episode, General Atlantic Managing Director Brett Rochkind joined us in the studio to talk about international investing and more.Yahoo To Sunset AltaVista, Axis, RSS Alerts, and Nine Other Products, Some As Soon As Today
Jun 28, 9:09PM
Yahoo under Marissa Mayer is taking a page from her old employer, Google, and sunsetting 12 products, with some starting as soon as today. Included are Alta Vista and other search products like its experimental Axis extension, as part of "an ongoing effort to sharpen our focus and deliver experiences that enhance your daily lives," in the words of Jay Rossiter, EVP of platforms.Google+ Tries To Gain Photo Sharing Ground By Making It Easier To Move, Download, And Upload Your Pics
Jun 28, 8:04PM
Photo sharing just got a little better on Google+, as the social network has made it easier for users to move, download, and upload their pictures. Google+ engineering manager Jon Emerson wrote today that the new features came from user feedback. Users can more easily move batches of photos between albums, use a new download option to quickly save photos, and upload large sets of photos faster.If at any time you'd like to stop receiving these messages, just send an email to feeds_feedburner_com_techcrunch+unsubscribe-hmdtechnology=gmail.com@mail.feed2email.net.
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