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URGENT FOR ALEXIA AND ELDON …
Jul 19, 1:12AM
This is the worst email our tips line received today. I look forward to having a drink with this dude.Freedom Of Information Act Machine Fights Government Secrecy By Automating Transparency Requests
Jul 18, 11:54PM
The Freedom of Information Act Machine, an open online platform that automates Freedom of Information Act (FOIA) requests, launched on Kickstarter two days ago and has already surpassed its funding goal. At the time of publication, it had cleared $20,000 in funding from over 600 backers. The issue is simple -- the state and federal laws and processes for FOIA requests are complex, often purposefully so, and it can be a pain for even experienced reporters to navigate the process.A Visit To DogVacay's L.A. HQ To Meet The People (And Dogs) Behind The Airbnb For Pets
Jul 18, 10:14PM
It turns out that DogVacay has also made a name for itself as a startup to watch in its local Silicon Beach scene -- while TechCrunch TV was visiting Los Angeles this past week, when we'd ask local techies what companies were heating up lately, DogVacay's name came up quite often. So we made it a point to stop by DogVacay's Santa Monica headquarters to see what all the buzz is about for ourselves.Microsoft Finally Reveals That No One Wanted The Surface RT
Jul 18, 8:35PM
Windows RT is a dog. We've been saying that from the beginning. We weren't alone. It's very hard to find a positive review of Windows RT, and more specifically, the nine-month-old Microsoft Surface with RT. And now Microsoft, in its latest earnings report, finally revealed that we were right. The company took a massive $900M writedown last quarter because of unsold Surface RT's. Even more telling is that Microsoft actually revealed this loss. It's that big. The company had to tell investors why it didn't meet Wall Street's expectations.Y Combinator-Backed FanHero Helps YouTubers Sell Branded Merch To Their Fans
Jul 18, 8:35PM
There's this company called FanHero, It's all about helping those YouTube guys make money in, like, non-advertising ways. Giving the community ways to support them through commerce -- you know, selling stuff. It's like the classic merch model. Like, how you go to your favorite band's show and you buy a t-shirt or a CD.Yelp To Acquire Online Reservation Service SeatMe For Up To $12.7M
Jul 18, 8:22PM
Yelp has just announced that they've agreed to acquire SeatMe, the startup that set out to battle OpenTable in the restaurant reservation space. Looks like they'll acquire them for $2.2M in cash and 263,000 shares of common stock, pinning the acquisition price at a total up to $12.7M.Microsoft's Q4 Earnings Miss With $19.9B In Revenue, EPS Of $0.59, Takes $900M Charge Against Surface RT Inventory Adjustments
Jul 18, 8:05PM
Microsoft just posted its earnings for its fourth financial quarter of 2013. The company reported revenue of $19.9 billion and earnings per share of $0.59. While that’s in line with analyst expectations, it’s worth pointing out that most analysts had revised their estimates downward over the last three months. The Wall Street consensus was that Microsoft would report $20.74 billion in revenue and earnings per share of $0.75. The surprise in this release is that Microsoft says it’s taking a $900 million charge “related to Surface RT inventory adjustments.” That’s quite a blow for Microsoft, which put a lot of resources into this project, which launched to middling reviews and failed to catch on with customers. In the year-ago quarter, Microsoft reported $18.06 billion in revenue and a loss per share of $0.06 — the first quarterly loss per share in the company’s history — because of a massive writedown after its failed aQuantive acquisition. "While our fourth quarter results were impacted by the decline in the PC market, we continue to see strong demand for our enterprise and cloud offerings, resulting in a record unearned revenue balance this quarter. We also saw increasing consumer demand for services like Office 365, Outlook.com, Skype, and Xbox LIVE," said Amy Hood, chief financial officer at Microsoft. "While we have work ahead of us, we are making the focused investments needed to deliver on long-term growth opportunities like cloud services." One factor that has been hurting Microsoft — as well as chip giant Intel and others in the PC business — is the general downturn in the PC market and the relatively lackluster reception of Windows 8. As research firm Gartner reported, global PC shipments dropped 11 percent in the last quarter, and while Microsoft has enough other business units to still make a massive profit, this drop definitely weighed on its Windows division. One factor that softens this blow, though, is the fact that many businesses are finally upgrading their old XP machines to Windows 7. One area many pundits continue to look at is Microsoft’s Online Services Division, which reported an $8.1 billion loss in the year-ago-quarter. Since then, though, this division slowly reduced its losses, and last quarter, it was “only” $262 million in the red. This time around, the Online Services division reported a revenue increase of 9% but still posted a loss of $372 million. For its fiscalGoogle Misses Estimates In Q2 With $14.1B In Revenue, Net Income Of $3.2B, And EPS Of $9.56
Jul 18, 8:03PM
It's that time again -- Google's fiscal second quarter earnings have just crossed the wires and they're definitely not what most people expected. For Q2 2013, the company reported consolidated revenue of $14.1 billion (that's up 19 percent from the year-ago quarter), net income of $3.23 billion, and non-GAAP earnings per share of $9.56.Another Day, Another Yahoo Acquisition: Chinese Social Network-Data Startup Ztelic
Jul 18, 7:26PM
Yahoo has acquired Ztelic, a Beijing startup focused on social-network data, as first reported by the Wall Street Journal. This is Yahoo's second acquisition in as many days (something they've already done once this summer), and the company's 19th acquisition under CEO Marissa Mayer.TechCrunch Meetup. Tonight. Seattle.
Jul 18, 6:32PM
We're here, Seattle. And boy is it nice. Blue skies, cool weather, and great startups. We're loving it. Tonight, at 6:00, TechCrunch is taking over the ShowBox at the Market for an evening of good times and startup pitches. After sorting through over a hundred applications, we selected 20 companies to take part in a rapid-fire pitch-off competition to be judged by TechCrunch editors and local VCs.Content Delivery Network EdgeCast Raises $54 Million From Performance Equity Management
Jul 18, 6:27PM
Los Angeles-based content delivery network EdgeCast Networks is looking to expand its sales and engineering teams, and it's raised a fresh round of $54 million in new financing to help it do so. The funding was led by Performance Equity Management (PEM), with participation from existing investors Menlo Ventures and Steamboat Ventures.Flight Search Startup And Disrupt Contender Superfly Adds Personalized Hotel Booking Service
Jul 18, 6:26PM
Superfly, which helps travelers take advantage of frequent flier miles and airline rewards programs, is expanding its services to include a mobile app for finding and booking hotels. Superfly first launched at TechCrunch Disrupt SF in 2010 and uses big data to personalize flight results based on consumer travel records. In April, Superfly developed Superbox, which allows users to organize all travel-related emails. This makes it easier to track rewards and frequent flier miles. Now the company is using the same model to help users take advantage of hotel rewards programs and promotions: Superfly Hotels. Available for iOS, Superfly Hotels delivers personalized hotel results, including hotels you or similar customers have stayed in before. Superfly will also offer cash back on hotel spendings, starting from 5 percent for all users, and increasing up to 10 percent based on booking frequency. With the launch of Superfly Hotels, Superfly is catching up to travel sites like Expedia, Orbitz and Priceline that already have mobile hotel booking apps available. However, Superfly has an advantage over its competitors– a large data set of hotel bookings collected from travel emails from Superbox. “The word big data is thrown around a lot, but for us big data is all about identity, context and location,” Superfly founder Jonathan Meiri tells me. “Knowing this about the consumer, we’re trying to get all this massive data and help consumers make really simple choices around which hotel is best for them.” Meiri says Superfly has collected information on billions of dollars in hotel bookings. With this information, Superfly can recommend hotels where you are a regular patron or can use rewards programs. Or if you usually travel with one airline, Superfly will display which hotels are preferred by that same airline’s customers. Superfly has attracted investors such as former Kayak CFO Bill Smith and TravelPort Chairman Jeff Clarke. The company also recently added another recruit from Kayak. Jacqueline LoVerme, Kayak’s former director of business development-mobile, connected with Meiri through Smith and is now Superfly’s vice president of business development. Meiri says Superfly Hotels is working on versions for Android and web. You can download the iPhone app here.Locket Puts Ads On Smartphone Lock Screens, Pays You To Use Your Phone
Jul 18, 5:51PM
Would you install an Android app that put ads directly on your smartphone's lock screen? No? What if you were paid to do so, and whenever you swiped to unlock your device, you made a little money? That's the promise of a new mobile application called Locket, launching today for Android, backed by $500,000 in funding from Great Oaks VC and a couple of undisclosed angel investors from the entertainment and marketing industries.SinDelantal.Mx Raises €2.5M From Seaya Ventures To Become The Just Eat Of Mexico (Or Get Bought)
Jul 18, 5:38PM
Mexico's SinDelantal.Mx, the online takeout delivery service started by the founders of Spain's SinDelantal.com, has raised €2.5 million from Spanish VC Seaya Ventures.When TV Isn't Just TV Anymore
Jul 18, 5:10PM
We live in a world where Netflix is receiving Emmy nominations. The streaming video company received an unprecedented number of Emmy nominations -- 14 in all. That included nine nominations for the Kevin Spacey-led political drama House of Cards, three for Arrested Development, and two for Hemlock Grove.Legendary Investor John Doerr Will Take The Stage At Disrupt SF
Jul 18, 5:02PM
Google CEO and co-founder Larry Page has said that Kleiner Perkins partner and legendary technology investor John Doerr "sees the future first." He's backed companies like Amazon, Intuit and Google. We're thrilled to announce that Doerr will be taking the stage to talk about what the future looks like at TechCrunch Disrupt SF in September. Tickets are on sale and currently available with an early bird discount.The Google Drive Paradox And Why Egnyte Is Not Complaining
Jul 18, 5:01PM
The person using Google Drive faces a paradox. And it's one that many people face when they want to use a service not built from the ground up for the enterprise. It's just not secure enough. Google Drive is designed for the single user, not the enterprise. That's where Egnyte and its file server technology enters the picture. Egnyte and Google are teaming up to make Google Drive more accessible as a platform that a company can use across the organization.Gillmor Gang Live 07.18.13 (TCTV)
Jul 18, 4:09PM
Gillmor Gang - Robert Scoble, John Borthwick, Kevin Marks, Keith Teare, and Steve Gillmor. Live recording session for today has concluded.Content Marketing Platform Kapost Raises $5.6M From Lead Edge And Floodgate
Jul 18, 4:05PM
Kapost, a startup offering tools for content marketers, just announced that it has raised $5.6 million in Series C funding. This brings The TechStars-incubated company's total funding to $8.7 million. The new round comes from new investors Lead Edge Capital and Floodgate, as well as previous investor High Country Venture.Verizon Joins The Early Phone Upgrading Wars With New 'Edge' Program
Jul 18, 3:50PM
Verizon CFO Fran Shammo confirmed during the company's quarterly earnings call that Verizon Wireless was working on a new, more frequent phone upgrading scheme called Edge, but didn't elaborate much. As it happens, that was because Verizon's Wireless arm was just about to pull back the curtain on the program ahead of its August 25 launch.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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