Daily Archives: July 21, 2012

Forget LeBron and Durant: Bringing In Zuckerberg, Dorsey and Co. For the Olympic Tech Dream Team

July 21, 2012
Forget LeBron and Durant: Bringing In Zuckerberg, Dorsey and Co. For the Olympic Tech Dream Team

In one week, the Olympics kick off. When you think about it, they aren’t so different from our startup world. How many pitches have you heard that include the phrase “dream team?” If you had to compare the startup world to one sports league, what would it be? I’d argue the NBA, where the...

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Twitter-owned blog service Posterous loses multiple databases, suffers 17-hour outage

July 21, 2012
Twitter-owned blog service Posterous loses multiple databases, suffers 17-hour outage

Posterous says that the site is now back up and running, but is suffering performance issues. Going offline is the nightmare-scenario for blogging platforms and it is one that Tumblr-rival Posterous has suffered from today (Asia time – overnight US time) after the company – bought by Twitter in March – lost “multiple” databases, taking its service offline...

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Twitter-owned blog service Posterous loses multiple databases, down 6 hours+

July 21, 2012
Twitter-owned blog service Posterous loses multiple databases, down 6 hours+

As you may notice from the numerous versions of this post, we’re keeping an eye on the status of the service and will provide updates accordingly. Going offline is the nightmare-scenario for blogging platforms and it is one that Tumblr-rival Posterous has suffered from today (Asia time – evening US time) after the company – bought by...

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Square’s Steve DeWald: “I don’t think we would ever consider working with PayPal in any capacity”

July 21, 2012

For many of us, it might seem like a logical step for Square to partner with (or sell to) PayPal at some time in the future. However Square’s Steve DeWald is ready to squash those rumors before they start. In a thread on Quora, DeWald states in no uncertain terms that he (and therefore...

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FoundersCard Adds Bonobos, Trunk Club & More Airlines To Its Private Membership Club

July 21, 2012
FoundersCard Adds Bonobos, Trunk Club & More Airlines To Its Private Membership Club

FoundersCard, the membership program bringing executive-style perks to entrepreneurs, is rolling out a few more perks today to add to its growing lineup. The company currently offers discounts on a number of products and services, including things like elite status on airlines (5% off Virgin America, 10% off Virgin Atlantic, 10% off Lufthansa, and...

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Getting Rich By The Numbers, A CrunchBased How-To

July 21, 2012
Getting Rich By The Numbers, A CrunchBased How-To

Editor’s Note: The following is a guest post from Sameer Al-Sakran. Al-Sakran is a data scientist and machine learning specialist who was formerly the engineering manager at Imeem. Hey kid, wanna get rich? After watching “The Social Network” for the third time this weekend, are you feeling ready to create something truly world-changing and...

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Rupert Murdoch Steps Down From Newspaper Boards

July 21, 2012
Rupert Murdoch Steps Down From Newspaper Boards

Getty / Handout Rupert Murdoch is stepping down from newspaper boards in the UK and the US, a spokesperson has confirmed to the Telegraph. The News Corp boss has left the boards in charge of the scandal-hit UK newspapers – NI Group, Times Newspaper Holdings and News Corp Investments. There are also reports he...

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Freemium has run its course

July 21, 2012
Freemium has run its course

“We are now seeing the end of the freemium model — signing up users for free and trying to upsell,” said Christian Vanek, CEO of the Boulder-based SurveyGizmo, in a recent phone conversation. “6.5 million unique users is not all that it’s cracked up to be. I don’t want hits. I want revenue. I...

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TNW Brazil Startup Awards: And the winners are…

July 21, 2012

We are proud to announce the winners of TNW Brazil Startup Awards – but first, let’s take a look back at what happened over the last few days. Image credit: Ndecam

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Audio brand Beats buys back 25% of its own shares from HTC

July 21, 2012

Audio equipment brand Beats is buying back 25% of its shares from HTC, the smartphone manufacturer announced today. As you may know, the brand is best known for its “Beats by Dr. Dre” headphones. According to the companies, the purpose of this operation is to provide Beats “with more flexibility for global expansion while maintaining HTC’s...

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