Daily Archives: May 20, 2012

How The Media (Including TechCrunch) Is Wrong About Facebook’s IPO

May 20, 2012
How The Media (Including TechCrunch) Is Wrong About Facebook’s IPO

Editor’s note: Dan Scholnick is a General Partner at Trinity Ventures where he invests in early stage cloud computing and consumerized IT companies such as New Relic, dotCloud, StackMob, Cloudscaling, and Loggly. You can read more about Dan at the Trinity Ventures website or follow him on Twitter @dschol. He is not an investor in Facebook, though he...

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Pakistan turns to Interpol after Twitter declines to help manage “anti-Islamic material”

May 20, 2012
Pakistan turns to Interpol after Twitter declines to help manage “anti-Islamic material”

Pakistan’s Interior Minister, Senator Rehman Malik, has taken to Twitter to explain that, following the Twitter blockage over the weekend, the government has contacted Interpol to take up the issue of screening sensitive content, after Twitter’s management reportedly offered no assistance with the matter. Twitter was blocked and subsequently unblocked in Pakistan over the...

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YouTube users upload 72 hours of video every minute

May 20, 2012
YouTube users upload 72 hours of video every minute

YouTube has seen its video uploads grow 50 percent over the last year: Users are now uploading 72 hours of video every minute, compared to 48 hours just a year ago. The Google-owned video site announced the milestone Sunday night to celebrate its seventh birthday. The amount of video uploaded to YouTube has increased...

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Backstage With The Disrupt NYC Hackathon Winners: Thingscription, PoachBase, & PractiKhan

May 20, 2012

The speaker schedule for TechCrunch’s Disrupt NYC conference has been set for a while now, but three brand new presenters were just added to the lineup: The winners announced earlier today at the finale of this past weekend’s 24 hour Disrupt 2012 Hackathon, Thingscription, PoachBase, and PractiKhan. Since the winning apps were so seriously...

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Paper is the main problem of traditional media – and a moral issue

May 20, 2012
Paper is the main problem of traditional media – and a moral issue

Do you feel guilty when you read a newspaper? You probably should, according to BuzzFeed’s co-founder Jonah Peretti, who has “a moral issue” with print publishing and its environmental impact. Peretti made this controversial comment during the latest edition of I Want Media’s panel, where he shared the stage with other well-known names in...

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Yahoo’s $7.1 billion Alibaba deal leaves it free to make other investments in China

May 20, 2012

After months of speculation, Yahoo has finally announced that it has agreed to a deal to sell a significant part of its 20 percent stake in Alibaba back to the Chinese ecommerce giant. The agreement also frees the US firm to invest in other ventures in China, should it wish to. The deal is...

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$150,000 Is Up For Grabs At Stanford’s BASES Finale This Week

May 20, 2012
$150,000 Is Up For Grabs At Stanford’s BASES Finale This Week

Stanford has been a hotbed of startup activity for decades, and it’s not just the engineering department. It’s student-run organizations like the Business Association of Stanford Entrepreneurial Students (BASES) program. And the group, which has been instrumental in promoting startup activity at the university for the last 15 years, will be awarding $150,000 in prizes...

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Facebook Stock May Tank This Week As Banks Run For The Hills (FB)

May 20, 2012
Facebook Stock May Tank This Week As Banks Run For The Hills (FB)

ceoworld.biz Go ahead and yell. I can take it. See Also Facebook Banker Morgan Stanley Bought A Humongous Amount Of Stock To Try Support To Price Sorry, But This Whining And Umbrage About Facebook’s IPO Is Ridiculous And, Now, If Facebook’s Bankers Can’t Hold The IPO Price, Stock Will Crash To Low $30s …...

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Motorola, Google’s New Smartphone Company, Is Having A Huge Problem Upgrading Android Phones (MMI, GOOG)

May 20, 2012
Motorola, Google’s New Smartphone Company, Is Having A Huge Problem Upgrading Android Phones (MMI, GOOG)

Ellis Hamburger, Business Insider See Also There Are At Least 4,000 Different Devices Running Android HTC Keeps Making One Incredible Android Phone After Another — Here’s The Latest HTC ONE X: The Best Android Phone You Can Buy On ATT Motorola announced in a brief blog post that some of its smartphones won’t...

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FINALLY: Yahoo Officially Announces Plan To Monetize Alibaba Stake

May 20, 2012
FINALLY: Yahoo Officially Announces Plan To Monetize Alibaba Stake

www.forbes.com At long last, Yahoo has announced a plan to monetize its stake in Chinese internet company Alibaba. It’s complicated, and it will be in stages, but the process has begun, and Yahoo says it will get about $7.1 billion in short order, via Alibaba’s repurchase of half of Yahoo’s stake in the company....

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