Showing posts with label TechCrunch. Show all posts
Showing posts with label TechCrunch. Show all posts

Sunday, April 12, 2009

On Brain Solis Post "Can the Statusphere Save Journalism"? No.



Brian Solis wrote a TechCrunch blog post where he states ask "Can the Statusphere Save Journalism?" With all due respect to Brian, he missed the real problem with journalism: money.

Monday, March 30, 2009

Carbonite Online Backup Company Loses Data; Carbonite Is At Fault

I had to post this because it's a classic example of not taking responsibility for something you did wrong.  The online backup company Carbonite reportedly lost a lot of client information : the data of over 7,500 of its customers who trusted it (past tense now) to keep their information in a protected area of cyberspace: a cloud they developed and around which their company is built.

Now as long as I've been at this I've always got an earful about "backing up your data" so I would think a company like Carbonite, which is entrusted with protecting data, would be backing up the data they're charged with protecting.  Right?

Right?

No.  They lost the only data copies they had online, and so now are -- get this -- suing the hardware makers!  If you think that's funny (strange), so do many in the blogsphere, who think as I do.  Take a look at these comments over at TechCrunch :

1) What happens when you get burgled?
We got burgled last week and they took all my local backups. Fortunately I had it all backed up on S3 (and elsewhere too) which saved the day. Not having an offsite backup is a recipe for disaster.
2) They didn’t even have a proper backup? Feels sorry for those who have lost valuable data…
3) “The danger of storing your data in the cloud”
What you should have wrote was:
“The danger of storing your data in the cloud that’s not Amazon.”
Why pigeonhole the real company thats does cloud right for a company that tried to compete against them and failed?
4) No excuse. Carbonite need to accept the blame regardless of who actually caused the problem. It was their decision to use whatever suppliers they chose. I fail to see how they can recover customer confidence after a fiasco such as this.
5) This is the scary thing with putting your data with a company you’ve never heard of. I guess for that matter, putting your data with anyone is a scary thing. Has anyone used amazon s3 with success? I still feel like a drobo or hp media start server is the way to go. Backup is a tough thing.
6) The issue isn’t who the company is but how it does business. I work with a local IT company and we offer various kinds and flavors of backup, typically 3X redundant (live volume, local sync volume, local removable backup volume, offsite RAID). We do this all ourselves with system(s) we built. We started offering backup/recovery because of things like this. I recently moved a customer from a Big Brand Name Backup vendor. Said vendor had not run numerous backups. Said vendor charged ransom to provide the data when the customer quit. Said vendor basically refused to play nice with anyone, even when paid. Carbonite is not expensive but is obviously better at marketing than they they are at solution design (or accepting responsibility for their own mistakes).

Monday, November 17, 2008

Si Port's Jing Hua Wu Who Shot Three Co-Workers, To Be Arraigned Wednesday

In what has to be the most unfortunate case of temporary insanity, Jing Hua Wu, who went berserk and shot three co-workers at the radio chip maker Si Port, is going to be arraigned in San Jose this Wednesday.

I certainly hope this is the only case of it's kind for a long as there's a poor economy. Wu killed his fellow employees, Marilyn Lewis, 67, of San Jose, the company's head of human resources; Brian Pugh, 47, of Los Altos, vice president for operations; and Sid Agrawal, 56, of Fremont, the company's co-founder and chief executive, after he learned he was going to be fired.

I don't understand why this father of three would do that, but as TechCrunch' Michael Arrington put it , it's a sad day in Silicon Valley.

Si Port's Jing Hua Wu Who Shot Three Co-Workers, To Be Arraigned Wednesday

In what has to be the most unfortunate case of temporary insanity, Jing Hua Wu, who went berserk and shot three co-workers at the radio chip maker Si Port, is going to be arraigned in San Jose this Wednesday.

I certainly hope this is the only case of it's kind for a long as there's a poor economy. Wu killed his fellow employees, Marilyn Lewis, 67, of San Jose, the company's head of human resources; Brian Pugh, 47, of Los Altos, vice president for operations; and Sid Agrawal, 56, of Fremont, the company's co-founder and chief executive, after he learned he was going to be fired.

I don't understand why this father of three would do that, but as TechCrunch put it , it's a sad day in Silicon Valley.

Monday, July 28, 2008

Robert Scoble Talks About PodTech Demise At TechCrunch Party



I present my long form video documentary of the TechCrunch | August Capital Party held Friday, July 25th 2008 at
August Capital and hosed by TechCrunch Co-Founder / Editor Michael Arrington. First, let me thank Michael for the opportunity to do this at his event, as well as the time he gave me. Second, let me thank all of you who gave me your time at the party, which was the vast majority of you.

I set out to form a pattern of opinions on what the Democratic Party and Senator Obama should address on the eve of the Democratic National Convention. I also tried to give a view of what people were working on in the tech / web community. There's a lot here. But I also tried to make something fun to watch, with a beginning, a middle, and an end.

The video is 41 minutes long and some of the highlights: TechCrunch's Michael Arrington explaining that he hope Barack Obama sicks to his concern for "net neutrality" as well as his hope that issues regarding H1 Visas, the FCC, and the avoidance of Internet Taxes are addressed. Technorat Founder and Chairman David Sifty introducing his new venture OffBeatGuides.com. The great EtchStar.com service for devices like iPhones. An iPhone App from VSmax.com. Sara Lacy telling the Democratic Party to "get some balls." Andrew Mager talking about the party and introducing Cathy Brooks of Seesmic, who in turn introduced the Legendary Robert Scoble, and Brooks echoing (unknowingly) Lacy when she says the party should "grow a pair." And Robert talking -- at considerable length -- about what happened to PodTech and what it says, if anything, about the economics of Podcasting.

In all the message to the Democratic Party and Senator Obama was to work to achieve unity, don't fashion policies that tax the Internet or harm Net Neutrality, be courageous, and for Senator Obama to stay the course.

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Friday, April 04, 2008

TechCrunch Reports That Red Envelope's Closing It's Doors

Yep. Red Envelope, which has sent a number of gifts to me, is closing down after several years of operating at the margins. Here's TechCrunch's word:

Everything up to this point is fact - what comes next is rumor: We’ve heard the company is basically laying off all of the staff and shutting down in the next few days. We have an email in to the company for comment.

Stay tuned.

Saturday, March 08, 2008

Jason Calacanis' "How To Save Money Running A Startup" Misses Mark - Sort Of





Jason Calacanis' How To Save Money Running A Startup Misses Mark - Sort Of




There's a firestorm going on and at the hub of this is none other than Mahalo founder Jason Calacanis. Jason wrote a blog post called "How To Save Money Running A Startup" which has upset a number of people because it seems to reduce his employees to slave status.

Having ran Sports Business Simulations for over five years and without a million dollar or more investment -- we started with just $25,000 and later a loan from me to the firm of $18,500 -- I think I have a good list to "sort of" add to what Jason wrote.

Well, OK, more modify what he wrote.

First, don't hire employees, bring in independent contractors. The reason is that you do save money on liability issues and health insurance and equipment. Look, you're a startup, that's what startups do.

Second, don't promise a level of pay you can't achieve. If you know what you're going to have coming in, use that as a basis. Then offer percentage revenue deals to the contractor. In five years, I have yet to experience a controversy because I said I could make a payment I could not indeed do.

Third, work out of your house. You really don't need a large office and telecommuting is all the rage, so use your house or apartment and have a dedicated workspace. For extra space, use the kitchen and dining room.

Fourth, learn to love the Internet Cafe. There a lot of places to go to just get out of the house with your partners in work and get coffee, work on the computer, and admire the single talent when your mind wanders -- and you're single yourself.

Fifth, think of your co-workers as just that, co-workers; not slaves, or insects, or idiots, or expendable units. But you have to seek out people who themselves are entrepreneurial. Be very careful not to find people who want you to provide an employment structure because they will sap your energy dry. Remember, you're a startup. Start with contractors, make great deals, and grow the business first.

Sixth, make sure to find people who don't use company party time to get royally smashed and have you wonder why you contracted with them in the first place. Remember, startups are known for parties, but that doesn't mean you have to have a high booze tab.

Seventh, Jason's right about the cell phones.

In closing, you too can grow a startup with my advice. But don't stop with me, ask around. And remember that startups are fun!

Sunday, December 23, 2007

On CNN, Jennifer Donahue Blasts Hillary Clinton For Playing "Race Card" On Obama; Clinton Advisor David Gergen Can't Stand Truth



Jennifer Donahue, who's a political pundit and Senior Advisor for Political Affairs at the New Hampshire Institute of Politics, gets my award for a major act of courage.

Thursday night, on CNN's Anderson Cooper 360, Jennifer Donahue blasted the Hillary Clinton campaign for using the race card against Barack Obama in the 2008 Presidential Race. She was on the show with Cooper, Clinton Advisor and Political Consultant David Gergen, and CNN contributor Jeffrey Toobin. Whereas Toobin and Gergen were circumspect in their way of addressing the matter, Donahue was right on.

This seemed to rankle Gergen.

Gergen tried to hide his anger at the mere mention of race and Clinton campaign strategy, but he's angry because deep down he knows they've taken a path of trying to "Willie Horton" Barack Obama. Look, Gergen's a Clinton Advisor -- something Anderson Cooper didn't mention -- and this is the second time in as many weeks he's tried to protect or soften a person's attack of a Clinton campaign tactic, beit Carl Bernstein who claimed the Clinton's were being desperate, or now.

Gergen's openly using the CNN platform to help Hillary Clinton's campaign for president. Thus, he's fair game to be denounced.

The simple fact is that with the Clinton Campaign having both volunteers and paid campaign staffers who worked to launch a race-based smear campaign against Obama, starting with planting the idea that he's Muslim -- a total lie -- they have indeed played the "race card" and Gergen knows it.

For Gergen to argue otherwise is in itself advancing a lie. For CNN to allow Gergen to do this without revealing that he's a Clinton operative is just aiding and abetting the advance of the same lie.

I noticed that no one bothered to claim that Hillary Clinton was playing the "sex card" when she said the "boys were ganging up" on her.

Geez. David, you should know -- indeed, you do know -- that people make some views of others based on racial stereotypes and that the Clintons have been playing to those stereotypes.

To the woodshed with Gergen! His assertions to the contrary are an outrage! Thankfully, the main stream media, like the Washington Post , is picking up on this terrible approach.

Friday, December 14, 2007

Reddit Web 2.0 Party Gallery Lounge San Francisco



This is a "slice of life" video that gives you an idea of what people actually do at these "Web 2.0" parties. It features a brief talk with Reddit founder Steve Huffman, and a look around an all too crowded Gallery Lounge in San Francisco. We meet programmers arguing and someone who shows us how to make an impromptu NDA in a crowded place. Finally, San Franciscans who get around may recognize a certain person.

Monday, December 03, 2007

Julia Allison and Meghan Asha Search For White Tech Guys at TechCrunch



Ok. You're wondering what's up with the title's smarky angle "Julia Allison and Meghan Asha Search For White Tech Guys at TechCrunch"? Well, it's simple. It's true.

If you've ever been to an SF Bay Area tech event as a Black male, you discover five things:

1) The party's mostly white
2) The men are cool to talk with
3) The women there act like they're afraid to talk with you if you're Black.

And establish these rules...

1) You have a better time if you just hang with one group and don't mingle much.
2) You have a fantastic time if you don't wait for people to talk to you, and totally avoid anyone
-- including some women -- who seem to have an issue with your presence.

I'm serious about this.

As the video reveals, of all of the people at these parties, it's generally non-tech White Women that generally act like they're looking only for White and at times Asian tech guys, as opposed to just plain networking. (And by "non-tech" I mean those who are not in tech positions. There are some exceptions if you read on, but that's my general experience. Julia, for example, is not herself a programmer or videoblogger or game developer, or web designer.) And their focus is so hard on this type of guy that they most of them will not do the normal act of simple networking with manners. By contrast, the guys act, well, normal. I've got to be honest about this. Hey, when you're one of , say, three Black men out of 300 people you see a different side of society at these events.

And before you go there, I didn't learn this by trying to establish a conversation, but more by simply noticing patterns -- where people went to at these parties and mostly who they took the time to strike up a conversation with, and also seeing how other Black men were treated, and quickly establishing the set of ground rules you see above and moving forward.

Hey, someone's got to point this out; might as well be me because the rules you see above have become habit for me. It's hilarious. For example, I remember the founder of a certain "scrapping" website app that ryhmes with "Scrabble" just pass and brush against me ( and with her chest, folks. Her chest!) without even saying so much as "excuse me" or "how's it going?" -- terrible behavior which I took as a weird form of passive-agresssive flirting or a rude "I don't want to see you" brush off and said nothing to her.

Folks like her are what makes the World a little less cool and a lot more hurtful. I just wish they'd realize how inappropriate they're being, but that may be asking too much. A simple "Hello" will do in the future.

I can report there was one woman at these events that was really cool and normal, and she knows who she is. Maybe there will be more like her, and less like the Julia Allisons.

Not that I've met Julia Allison. I may be wrong about her, but my experience tells me otherwise. I'd bet the ranch I'm right. But I can't lose. If I'm right, then my World is easier for noting the problem, if I'm wrong, then she's not what is the norm and that's good, and if I'm right and she's sensitive to this, she'll change, and we'll all be better.

I just want to attend one Tech party where everyone's cool. I know that party's out there, somewhere.

(Oh. And if you're one of those who's going to stupidly remark about this and claim that -- for example -- I'm racist for pointing out racism, be smart enough to realize that if people stopped behaving in the patterns I identify, I'd have to reason to complain or dish. Think about it. What I'm sharing with you is conversation that Blacks generally reserve for Black-on-Black environments. I dont' do that. I'll let you know what's on my mind, period. Also, stating that a person's racist for identifying racism is like saying one person's a robber for identiying a robbery.)

Monday, November 26, 2007

TechCrunch's Arrington Interviews Barack Obama On Tech Issues

A great interview which shows the Senator's command of key Internet issues facing us.

Q&A With Senator Barack Obama

Net Neutrality

Michael Arrington: What is your position on net neutrality? Specifically, should tiered pricing be allowed by the access providers?

Senator Barack Obama: As I stated during my visit to Google on November 14, I will take a backseat to no one in my commitment to network neutrality. The Internet is the most open network in history. We have to keep it that way. I will prevent network providers from discriminating in ways that limit the freedom of expression on the Internet. Because most Americans only have a choice of only one or two broadband carriers, carriers are tempted to impose a toll charge on content and services, discriminating against websites that are unwilling to pay for equal treatment. This could create a two-tier Internet in which websites with the best relationships with network providers can get the fastest access to consumers, while all competing websites remain in a slower lane. Such a result would threaten innovation, the open tradition and architecture of the Internet, and competition among content and backbone providers. It would also threaten the equality of speech through which the Internet has begun to transform American political and cultural discourse. Accordingly, network providers should not be allowed to charge fees to privilege the content or applications of some web sites and Internet applications over others. This principle will ensure that the new competitors, especially small or non-profit speakers, have the same opportunity as incumbents to innovate on the Internet and to reach large audiences. I will protect the Internet’s traditional openness to innovation and creativity and ensure that it remains a platform for free speech and innovation that will benefit consumers and our democracy.

Privacy

MA: Should the government involve itself in protecting personal privacy online? Since current measures are doing little to solve the problem, what do you think can be done to address the issue?

BO: Dramatic increases in computing power, decreases in storage costs and the huge flows of information that characterize the digital age bring enormous benefits, but also create risk of abuse. We need sensible safeguards that protect privacy in this dynamic new world. As president, I will strengthen privacy protections for the digital age and will harness the power of technology to hold government and business accountable for violations of personal privacy.

Specifically, I will do the following:

To ensure that powerful databases containing information on Americans that are necessary tools in the fight against terrorism are not misused for other purposes, I support restrictions on how information may be used and technology safeguards to verify how the information has actually been used.

I support updating surveillance laws and ensuring that law enforcement investigations and intelligence-gathering relating to U.S. citizens are done only under the rule of law.

I will also work to provide robust protection against misuses of particularly sensitive kinds of information, such as e-health records and location data that do not fit comfortably within sector-specific privacy laws.

I will increase the Federal Trade Commission’s enforcement budget and will step up international cooperation to track down cyber-criminals so that U.S. law enforcement can better prevent and punish spam, spyware, telemarketing and phishing intrusions into the privacy of American homes and computers.

Mobile Spectrum Auctions and Rules

MA: What is your position on the mobile spectrum? Should government force open access or should it simply auction it off to the highest bidder and let the carriers decide what types of services to offer?

BO: I will confront the entrenched Washington interests that have kept our public airwaves from being maximized for the public’s interest. As president, I will demand a review of existing uses of our wireless spectrum. My bottom line is that rural America needs more and better wireless broadband service, networks should be as open to innovation as possible, and the consumer needs greater freedom and choice. We must make sure the nation’s airwaves are licensed to maximize their public benefit. Auctions have most recently been conducted without sufficient incentives to encourage full use and competition. With respect to the upcoming 700 megahertz auction, many experts believe that this spectrum in question is the last remaining available space in the airwaves for auction with the promise to get wireless broadband deployed to every community. I would have gone further than the Federal Communications Commission has done to date to make sure that this spectrum will be used and open to innovation, but I support the direction the FCC is moving in toward more competition and encouraging new entrants into this market and I will direct my administration’s FCC to continue moving in that direction.

The Digital Divide

MA: What is your opinion of the E-rate program? What else can be done to increase access to technology in our schools? What can be done outside of schools to address the digital divide more generally?

BO: I consider the E-rate program a success because it has helped make broadband nearly ubiquitous in America’s public schools and I am honored that Reed Hundt and Bill Kennard, the FCC Chairmen under President Clinton who oversaw the plan’s creation and implementation, have chosen to endorse my candidacy for President. Unfortunately, we have not made further progress under the Bush Administration and I will recommit America to ensuring that our schools, libraries, households and hospitals have access to next generation broadband networks. I will also make sure that there are adequate training and other supplementary resources to allow every school, library and hospital to take full advantage of the broadband connectivity. In terms of bridging the digital divide outside of schools, I will reform the two major programs which can drive broadband into underserved communities. I described a bold approach to reforming spectrum policies in the previous question. In addition, my administration will establish a multi-year plan with a date certain to change the Universal Service Fund program from one that supports voice communications to one that supports affordable broadband, with a specific focus on reaching previously un-served communities. Finally, I will encourage innovation at the local level through federal support of public/private partnerships that deliver broadband to communities without real broadband.

Education

MA: How would you define “technically literate?” What technology skills should every eighth grader possess? What do you think is the best way to reach the goal?

BO: To me, technical literacy means ensuring that all public school children are equipped with the necessary science, technology and math skills to succeed in the 21st century economy. As president, I will make math and science education a national priority and provide our schools with the tools to educate 21st century learners. Access to computers and broadband connections in public schools must be coupled with qualified teachers, engaging curricula, and a commitment to developing skills in the field of technology. All children must have access to strong math and science curriculum at all grade levels, including the pre-K level. That’s why I will also invest in research and development in science education to determine what types of curriculum and instruction work best. At the college level, I will work to increase our number of science and engineering graduates, encourage undergraduates studying math and science to pursue graduate studies, and work to increase the representation of minorities and women in the science and technology pipeline, tapping the diversity of America to meet the increasing demand for a skilled workforce. If we export our best software and engineering jobs to developing countries, it is less likely that America will benefit from the next generation innovations in nanotechnology, electronics, and biotechnology. We must have a skilled workforce so that we can retain and grow jobs requiring 21st century skills rather than forcing employers to find skilled workers abroad.

Internet and Taxes

MA: What is your position on Internet-only taxes? What is your position on the capital gains tax rate? What is your position on the way venture capitalists should be taxed on carried interest?

BO: Internet-Only Taxes: I support the moratorium on Internet-only taxes and will support all efforts to keep the Internet tax free.

Capital Gains Taxes: I will promote tax fairness by adjusting the top dividends and capital gains rate to a level that would be closer to, but no higher than, the rates set during the Reagan Administration in 1986.

Carried Interest: I will close the carried interest loophole.

Immigration and H1B Visas

MA: What is your position on H1B visas in general? Do you believe the number of H1B visas should be increased?

BO: Highly skilled immigrants have contributed significantly to our domestic technology industry. But we have a skills shortage, not a worker shortage. There are plenty of Americans who could be filling tech jobs given the proper training. I am committed to investing in communities and people who have not had an opportunity to work and participate in the Internet economy as anything other than consumers. Most H-1B new arrivals, for example, have earned a bachelor’s degree or its equivalent abroad (42.5%). They are not all PhDs. We can and should produce more Americans with bachelor’s degrees that lead to jobs in technology. A report of the National Science Foundation (NSF) reveals that blacks, Hispanics, and Native Americans as a whole comprise more that 25% of the population but earn, as a whole, 16% of the bachelor degrees, 11% of the master’s degrees, and 5% of the doctorate degrees in science and engineering. We can do better than that and go a long way toward meeting industry’s need for skilled workers with Americans. Until we have achieved that, I will support a temporary increase in the H-1B visa program as a stopgap measure until we can reform our immigration system comprehensively. I support comprehensive immigration reform that includes improvement in our visa programs, including our legal permanent resident visa programs and temporary programs including the H-1B program, to attract some of the world’s most talented people to America. We should allow immigrants who earn their degrees in the U.S. to stay, work, and become Americans over time. As part of our comprehensive reform, we should examine our ability to replace a stopgap increase in the number of H1B visas with an increase in the number of permanent visas we issue to foreign skilled workers. I will also work to ensure immigrant workers are less dependent on their employers for their right to stay in the country and would hold accountable employers who abuse the system and their workers.

Intellectual Property

MA: Do you think changes are needed in the way the U.S. Patent and Trademark Office reviews and grants patents?

BO: I know that it is essential we have a system that produces timely, high-quality patents. By improving predictability and clarity in our patent system, we will help foster an environment that encourages innovation. Giving the Patent and Trademark Office (PTO) the resources to improve patent quality and opening up the patent process to citizen review will reduce the uncertainty and wasteful litigation that is currently a significant drag on innovation. With better informational resources, the Patent and Trademark Office could offer patent applicants who know they have significant inventions the option of a rigorous and public peer review that would produce a “gold-plated” patent much less vulnerable to court challenge. Where dubious patents are being asserted, the PTO could conduct low-cost, timely administrative proceedings to determine patent validity. As president, I will ensure that our patent laws protect legitimate rights while not stifling innovation and collaboration.

Renewable Energy

MA: Should carbon emissions be taxed? What will you do to encourage U.S. innovation into renewable/sustainable energy sources?

BO: I support implementation of a market-based cap-and-trade system to reduce carbon emissions by the amount scientists say is necessary: 80 percent below 1990 levels by 2050. I will start reducing emissions immediately in my administration by establishing strong annual reduction targets, and I’ll also implement a mandate of reducing emissions to 1990 levels by 2020. I will use some of the revenue generated from the cap-and-trade permit auction to invest in climate-friendly energy development and deployment. This will transform the economy and create millions of new jobs. I will invest $150 billion over 10 years to advance the next generation of biofuels and fuel infrastructure, accelerate the commercialization of plug-in hybrids, promote development of commercial scale renewable energy, invest in low emissions coal plants, and begin transition to a new digital electricity grid. A principal focus of this fund will be devoted to ensuring that technologies that are developed in the U.S. are rapidly commercialized in the U.S. and deployed around the globe.

Wednesday, October 31, 2007

Monday, October 29, 2007

Google Should Reindex "EnjoyPerth" Blog

I just learned over at Tech Crunch that Google removed the blog "EnjoyPerth" from its index listing, and supposedly for selling text link ads. Yikes! I don't understand why the San Jose Mercury News is allowed to do this, and not a small blogger?

Maybe it's time for a Google-competitor?

Wednesday, October 24, 2007

Microsoft Buys 1.6 Percent Stake In Facebook - TechCrunch

Well, it a story of numbers and eyeballs equaling investment value. In this case, to the tune of a 1.6 percent stake that causes Facebook to be valued at $15 Billion.

The buyer of that portion of the company is Microsoft -- not Google -- and for $240 million. What Microsoft will do with Facebook is another guess. But for the present, Michael Arrington at TechCrunch liveblogged the press conference today. Here's the result:

Call Notes

Call is beginning at 2:07 pm

Viveck Varma, MS, Owen Van Natta, Facebook, Kevin Johnson, Facebook, Brandee Barker, Facebook are on the call.

Viveck is saying the press release below has minor errors and will be re-issued. We will update it as it becomes available. He’s actually reading the entire release to the call participants.

200,000 new users register for Facebook every day.

Microsoft ad deal was extended to 2011 early this year.

Owen and Kevin:

Owen is saying this investment will help Facebook grow. They have nearly 50 million active users. This alliance will help them create the best user experience.

Kevin - “this deal signals a major advertising syndication win for Microsoft.” This is a “win-win-win.”

Now taking questions


Q: How do you support valuation?

Vivech: Online advertising is $40b/year, will grow to $80b per year. Equity stake in facebook is a strong statement of confidence in MS’ ad platform and in facebook. If you look at FB growth and think that they will get to 200 million users in future, combine that with monetization opportunity along with modest rev/user/year, the valuation is supported.

Q: Signal a bigger partnership around other products?

A: Nothing specific, but the partners will be doing a lot more together over time.

Q: Why Microsoft over Google?

A: (Owen) We were fortunate to choose from partners. We have existing relationship with MS and we had the opportunity to expand it.

Q: Any new restrictions on platform developers?

A: No new restrictions

Q: (mine) Any other investors in this round?

A: No comment, not saying one way or the other (JMA note: this suggests there may be other investors even beyond existing ones).

Q: Will we see any reciprocity? Any FB apps integrated into any MS properties?

A: Not announcing anything right now.

Q: Josh Quitner - who else was interested in investing?

A: Not announcing anything.

Q: Why did MS only take a 1.6% stake? Does this money affect FB IPO plans?

A: No real answer. Investment was the best fit for both companies.

Q: Is this deal just for banner ads?

A: partnership extends across adcenter platform for MS, not disclosing anything around web search advertising. Deal does not include web search ads like Google/Myspace deal.

Q: Any minimum payment that is guaranteed under ad deal? If so, will it be disclosed?

A: Viveck is saying they are very pleased with current deal, but strategic deal, way collaborating together, equity position provides economic and strategic value of overall partnership. “We feel very good about the deal.” Owen is saying that they want to focus on innovation and user experience, and this deal allows them to do this.

Q: (Om Malik) What kind of performance on FB from previous ad efforts? What will FB use the money for?

A: Viveck: we continue to see monetization improve, many initiatives underway to drive it higher. We’re seeing great progress on deal so far. Won’t discuss specifics on click throughs, etc., both parties have agreed to keep that confidential. At a high level, both parties see monetization on an eCPM basis improve. Owen: We’ll use the capital to continue to fund innovation and growth; we plan to expand employee base dramatically next year to 700 employees; doubling user base every six months; international growth is very important.

Q: How did deal come together? Also, what kind of collaboration between two companies? How deep will it be?

A: Owen: we’ve been working with MS for over a year, constantly talking about evolving partnership. MS is doing a huge amount of building around adcenter.

MS is Facebook’s exclusive advertising partner, expanding from U.S. to global in today’s announcement.

Q: Does adcenter have access to profile data in serving ads?

A: user trust is core, as is providing highly relevant ads. want users to feel like trust is not violated in any way.

Call is ending at 2:38 pm PST.

Saturday, October 20, 2007

Second Life Focus Of CSI: NY Episode Wednesday

According to TechCrunch , CSI: NY will go to Second Life:

Second Life is bracing itself for an influx of new members this coming week with the long awaited episode of CSI:NY does Second Life to be shown in the United States on Wednesday.
The episode will see Mac Taylor (Gary Sinise) entering Second Life to pursue a killer who has killed a Second Life user in a case of virtual stalking gone too far.

CSI:NY fans will be encouraged to join Second Life and investigate the case by following a link on the CBS website. CSI:NY will have three options for CSI-related inworld activities. The first option will allow viewers to walk around virtual New York buildings and visit a CSI lab and play forensic games.

The second option consists of a game called “Murder by Zuiker,” a unique murder plot which can be solved by users finding clues. The 100 people who come closest to solving the murder will win virtual gifts.


Here's the CBS preview on YouTube:

Thursday, October 18, 2007

Web 2.0 Summit - Flickr's New Geotagging Design Seen At Web 2.0 Summit Lunch

As I write this, I'm having lunch at Maxfield's, a nice restaurant in the Sheraton Palace, a place where, according to Attorney General Jerry Brown, a president got shot in. I don't know which one, off the top of my head.

At any rate, it's pretty crowded with people, and all of a sudden. And by their the tags around their necks, they're here for Tim O'Reilly's Web 2.0 Summit. Having just presented my friend Monte Poole with an award from the San Francisco Black Journalists Association, I was hungry and decided to not just stop by but gain some information.

One of the interesting online devices I've seen is what appears to be a new Flickr application. It seems to mate photos with geographic location so that if you press on a part of a map, it matches all of the photos you have for that part of the map into one area called, "San Francisco" for example.

As the people demonstrating this were at a table nearby, I managed to get this video of what they were seeing.




According to Paul Miller over at Nodalities, Flickr was at the Summit to report ...

a replacement for existing geotagging service...

115,000 geotagged photos per day, one every 1.3 seconds.

Merge tagging and locations to deliver a new ui that scales better to handle growth in usage.

“But there's more...”

Current 'interestingness' algorithm for photos can also be applied to the geolocation, creating pages of 'iconic' images at a given location.


That was what I saw, and what you're seeing here. I wish I'd turned the camera over their sooner as there were more interesting screen shots I could have taken.

Saturday, October 13, 2007

Vimeo's HD Online Videos May Make Joost Days Numbered

Ok, here's an example of what TechCrunch's Shonfeld was writing about. Vimeo has high quality HD online videos on its site already.

Check it out. Watch out Joost!

Tuesday, September 25, 2007

TechCrunch's Arrington Says Trumpia's A Stupid Site

TechCrunch's Michael Arrington was totally blunt in his dislike for Trumpia, the site that allows you to send one message to a group of people and on their cell phones, instant message, and phone text at the same time -- did I leave anything out?

He writes "Don’t even think of using this to contact me. Trumpiais an absurdly stupid new site that, like the efficient crank calling tool we once covered, will likely be used to annoy people far more often than it will be used for any useful purpose.

Here’s how it works: Register for an account and tell it the contact information for your soon-to-be-ex friends. Make sure you enter their instant messaging, cell phone and email contact information for maximum impact. You can then group your friends and message them all at once by texting a message to Trumpia. Your friends receive the message on all of their communication devices at the same (email, SMS, IM), ensuring that there is no way in the world that they can plausibly claim to have missed it."


I've got to say any company that has a diverse video showing a Black male in a positive light can't be all bad to me. I'll give them a chance. Here's the video:

Saturday, August 04, 2007

Will Yahoo! Buy Facebook? TechCrunch Report Points To This Possibility

Michael Arrington over at TechCrunch has posted a great article on Bear Stearns "suggestion" (I take it as a demand) that Yahoo establish a social networking function. His article seems to point to aquistion of Facebook. It seems Yahoo!'s playing catch up in two major areas: social networking and videos. And given the emergence of "plug-in" applications like the one SBS uses for its social network, the hole Yahoo! has to dig itself out of is getting deeper still.

I personally think Yahoo! needs to come up with the a next-generation web portal format. I know what they should do, but they'd have to pay me to tell them.