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Jul 31, 3:57AM
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30 years later and our word processing software hasn't changed, not even to adapt to mobile. That changes tonight with the launch of Quip, a free new word processing app from former Facebook CTO Bret Taylor's new startup. Quip works on desktop but is designed for mobile. It automatically formats documents to the size of your screen, offers in-app collaboration and messaging, and works offline.
Jul 31, 1:32AM
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Google is bringing more Glass Explorers into the program, and it's doing that the best way it knows how: by letting current users invite a friend. Those among you old enough to remember when Gmail first started will remember this was once the only method to get on board with that service, and now Glass-owning folks can ask a single friend to join them in testing out Glass before its wide consumer release.
Jul 31, 1:04AM
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Whispering in a riot is how I would describe commenting on a Facebook Page's feed posts. No matter how thoughtful they are, your words get drowned out. But a combo of new features is fulfilling Facebook's promise of two-way conversation. Devise a comment that resonates with others, make it a catchy image macro meme, score enough Likes, and your message gets hoisted to the top of the thread.
Jul 31, 12:31AM
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Korean gaming giant Nexon is making another deal to expand into Western markets with a strategic investment in Rumble Entertainment. They didn’t disclose the size of the deal except to say that it was an all-cash investment for a minority stake in the business. Nexon’s CFO Owen Mahoney also joins Rumble’s board. Nexon’s announcement comes just on the heels of another strategic investment it made in Zynga’s former chief game designer Brian Reynolds’ new startup. Nexon is making these deals to expand into Western audiences, after building up longstanding franchises in China, Japan and South Korea like MapleStory. While Nexon generated nearly $450 million in revenues in the first three months of this year, European and North American markets contributed less than 5 percent of the company's revenues during that time. In contrast, China makes up nearly half of Nexon's revenue base. So the company is looking to grow its presence in the West at a time when barriers between international markets are falling. Rumble is led by Greg Richardson, a 15-year veteran in the business, and the team has people from Zynga, Activision, BioWare, Blizzard, Playdom, Electronic Arts, Turbine, LucasArts and RockYou. Their mission is to bring triple-A quality titles to mobile platforms, which so far have been good for casual and then now, midcore games. The company has announced games like KingsRoad, a medieval action role-playing game; Ballistic, a 3-D first-person shooter; and Nightmare Guardians, a multiplayer tower defense game. All of these titles aren’t fully released yet; they’re either in open or closed beta. They had previously taken $15 million in funding from gaming-focused Signia Venture Partners, then Google Ventures and Khosla Ventures.
Jul 31, 12:15AM
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Back in February, I wrote about a startup called Cube that was trying to build a point-of-sale system for small and medium-sized businesses that would eventually give analytics about inventory. Cube has since pivoted, and now they’re going after a completely different market under a new name, Slidepay. They’re trying to offer a payments API for third-party developers that want the ability to accept credit card payments through a reader. For example, Joist, an app for contractors who might do repair work on homes, now has a way to accept payments through a Square-like reader without kicking their customers out to another payments flow. Slidepay is essentially a white-label version of Square. Square doesn’t currently offer an API for third-party developers, but hasn’t ruled out the possibility of building one. There are some strategic reasons for this beyond preserving a high-quality customer experience. The more of a direct relationship that Square can have with its customers, the more opportunities it has down the line to earn a cut of revenue through future services and products without being crowded out by more powerful players in the payments ecosystem. But that also leaves room for a white-label service like Slidepay to exist. “We take a very Android-like approach to what Square does. They want to own the end-to-end experience where everyone has to go through their experience and everything has to be processed through their brand,” said Charlie Pinto, the company’s CEO. “We want people to provide their own applications.” Under this approach, Slidepay takes 2.5 percent of each transaction plus 10 cents, or 2.9 percent plus 30 cents per transaction if a card isn’t present. There aren’t any other set-up or monthly fees. They have other deals for businesses that are processing more than $10 million per month. They own the merchant account and handle underwriting and identity verification, which increases Slidepay’s risks and liabilities. But Pinto feels they have a good internal system for dealing with fraud without going into specifics. “We feel we built a really good risk platform and we verify every person who processes payments,” Pinto said.
Jul 30, 11:56PM
BeRecruited, the LinkedIn of college athletic recruiting, has become the official recruiting provider for
IMG Academy, a training center and school in Florida that has turned out athletes like Maria Sharapova and Eli Manning. After 15 months of development, the site is also launching its newly revamped website today.
Jul 30, 11:53PM
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Amazon Web Services (AWS) has added some support that will make it a bit easier for developers to better track visitor traffic to their apps when an IP address is served and connected through the
AWS Elastic Load Balancer (ELB). The cloud service has added support for what is known as "
Proxy Protocol Version 1," which is used to safely send data over TCP without getting lost in transit.
Jul 30, 11:39PM
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Post-PC, indeed. Today Microsoft released its
yearly SEC filing, detailing its financial performance on a per-unit basis with a decent granular breakdown. In addition to the news that the Surface line of tablets brought in a lower-than-expected $853 million in fiscal-year revenue, Microsoft broke down its declining incomes from the sale of Windows to original equipment manufacturers (OEMs).
Jul 30, 11:34PM
Glossi, the maker of the digital magazine platform of the same name, is announcing that CEO Matt Edelman is stepping down from his current position and taking an advisory role with the company. Edelman first
took the reins of the company in 2010, back when it was called ThisNext and focused on social commerce.
The company launched Glossi at the end of last year, pitching it as an easy way for both consumers and professional publishers to build slick-looking digital magazines.
Jul 30, 11:31PM
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A group of engineers from the Mars Curiosity Rover mission answered questions in a Reddit Ask Me Anything session today. In addition to questions about the mission and Mars, the Curiosity Rover team responded to numerous comments about how to intern or work at NASA and what the process is like, but did not respond to several questions about SpaceX, Elon Musk's privatized space exploration company.
Jul 30, 11:14PM
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The California Public Utilities Commission issued its proposed framework for the regulation of ride-sharing services today, granting a huge victory for companies like Uber, Lyft and SideCar. The proposal follows months of discussions between the regulator and the startups, which seek to connect passengers with drivers who haven't been licensed for commercial driving.
Jul 30, 11:01PM
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The U.K.'s
Streetlife.com, a local social network that lets residents connect and converse with their neighbours and foster a stronger sense of community, has raised £600,000 in a new round of funding. The investment comes from existing backer Archant Digital Ventures, the incubator and investment arm of regional U.K. media company
Archant, and new investor Shohet & Cie. The additional capital is said to be used to give Streetlife a marketing push, rolling out the brand across more of the U.K., and in what looks like a case of stepping on the gas, the startup says it plans to raise a further £3 million by year's end, with the aim to "capture the U.K. market".
Jul 30, 10:59PM
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Today in an SEC filing, Microsoft revealed a very interesting fact: Its Surface tablet hybrid line brought in revenue of $853 million in the company's fiscal 2013. That places Surface revenue on a per-day basis at $3.4 million. Extrapolated for a one-year period, that financial rate puts the Surface line on a $1.24 billion per-year run rate.
Jul 30, 10:27PM
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Hello again, tech company voyeurs, and welcome to a new episode of
Cribs, the TechCrunch TV series that takes you inside the walls of the industry's coolest companies to see what it's really like for the smart whippersnappers who work there. For this latest episode we headed straight to the heart of San Francisco to the headquarters of
Kiip, the startup that runs a rewards-focused mobile advertising network. Kiip is situated in a part of the city that has a lot of auto repair shops -- and in fact, the company's office was a former garage -- so there's certainly a tough industrial theme there that contrasts nicely with the digital realm that Kiip's products live in.
Jul 30, 10:11PM
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Pro-level audio and video software has always been daunting. While the average computer user knows how to operate them in a general sense (the advent of non-linear editing has essentially changed how we think about what we shoot and record) the addition of pro-level features like effects, mixing boards and MIDI instruments may make Trent Reznor drool but frightens bedroom guitarists.
Jul 30, 10:07PM
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After your
laundry has been
pressed and
folded for you. After you've been driven to and fro in
black cars, and flown in
black jets. After you
shopped online for weekends on end.
Jul 30, 9:12PM
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If you've got an Android device running version 4.2 or later, chances are you've tried capturing a photo sphere -- one of those nifty little 360-degree panoramas that let you spin around to capture your surroundings until vertigo sets in. Instead of just letting those photo spheres languish on your phone or on your Google+ account, though, Google has thought up something
awfully keen for them.
Jul 30, 9:03PM
Rover, the Airbnb of dog sitting, has raised a $3.5 million funding round led by Petco. The pet specialty giant, now one of Rover's largest investors, will be joining the site's board of directors. The two are at work on commercial promotion of Rover across Petco's lines of business. Rover CEO Aaron Easterly told us that this fundraising is more of an ancillary round than an official series. The important thing, he said, is the strategic relationship with a leading pet supplies retailer.
Jul 30, 8:50PM
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Opera today detailed a proposal for NEX, the Navigator Extension format, a new vendor-neutral browser extension packaging format that it hopes to turn into a future W3C standard for packaging cross-browser, add-on development.
Jul 30, 7:47PM
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Sam Brin, 26-year old younger brother of Google co-founder Sergey Brin, has spent the last few months in a bit of borrowed office space with his college pal, Jon Li, quietly building a startup of their own. Lest you get too excited about the possibility of a bit of brotherly rivalry: Sam and Jon aren't setting out to build a search engine. They aren't building an ad platform. They aren't building their own pair of crazy controversial robo-glasses.
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