Daily Archives: August 8, 2012

ZYNGA’S COO IS OUT: EA Veteran Schappert Is Leaving The Board, Too (ZNGA)

August 8, 2012
ZYNGA’S COO IS OUT: EA Veteran Schappert Is Leaving The Board, Too (ZNGA)

Zynga John Schappert is out. See Also There Has Just Been A Huge Shake-Up At Zynga, And Mark Pincus Is Taking Control Zynga’s Problems Summed Up In One Chart Zynga’s Shake-Up Is “A Strategic Error That Bites Them In The Butt” Says Analyst Zynga COO John Schappert is leaving the company and resigning his seat...

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Oops! Facebook Admits One Of Its Algorithms Was Wrong; Restates A Revenue Metric (FB)

August 8, 2012
Oops! Facebook Admits One Of Its Algorithms Was Wrong; Restates A Revenue Metric (FB)

ktpupp via Flickr Facebook, in its first ever 10-Q filing with the SEC, admitted one of the algorithms it uses to calculate the average revenue per user in its largest market, the U.S. and Canada, was wrong. The 10-Q restates the revenue breakdown and adjusts some of the numbers and columns in its reporting...

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CHART OF THE DAY: Even At $21, Facebook Is Still Overpriced (FB, AMZN, LNKD, AAPL, GOOG)

August 8, 2012
CHART OF THE DAY: Even At $21, Facebook Is Still Overpriced (FB, AMZN, LNKD, AAPL, GOOG)

Facebook’s stock has crashed since it was priced at $38 for its IPO. It’s trading at $21 a share right now. If all the smart institutional investors were willing to dive in at $38 a share, then at $21 a share it has to be a screaming buy, right? Not necessarily. The stock is...

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Samsung Can Defend Against Its Own Memo In Apple Attack. Here’s How

August 8, 2012
Samsung Can Defend Against Its Own Memo In Apple Attack. Here’s How

A Samsung memo intruduced by Apple in its patent-infringement case against Samsung seems to show that no iPhone angle or pixel was left unexamined by Samsung. Is it curtains for the South Korean electronics giant? Not hardly. Tuesday, Apple introduced a 132-page internal Samsung document to the trial that shows how Samsung compared its Galaxy, and...

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10 Essential Android Apps You Need To Download (GOOG)

August 8, 2012
10 Essential Android Apps You Need To Download (GOOG)

Steve Kovach, Business Insider See Also The 20 Most Disruptive Apps Of All Time This Is The Genius Way You’ll Be Paying For Everything One Day 5 Ways To Prevent Your Password From Being Hacked Stay organized and on top of your busy life with these useful Android productivity apps. The apps on this...

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Square Has A New Competitor, GoPago, And It’s Backed By The Same Investor (JPM)

August 8, 2012
Square Has A New Competitor, GoPago, And It’s Backed By The Same Investor (JPM)

Owen Thomas, Business Insider Freddie’s Sandwiches takes GoPago—not Square. See Also BOOM! Square Just Roughly Doubled Its Business Overnight All Of A Sudden, Two Of The Hottest Payments Startups Are Actually Competing With Each Other Surprise! JP Morgan Chase Is A Winner In The Square-Starbucks Deal There’s a new competitor to Square that just...

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The First Truly Social Olympics: Tell Me How You Really Feel

August 8, 2012
The First Truly Social Olympics: Tell Me How You Really Feel

It’s a brave new world my friends. There were more tweets sent in a single day during the Olympics last week than there were during the entire 17-day competition in Beijing in 2008. In 2010, during the Vancouver Winter Olympics, there were around 307,000 mentions of the term Olympics during the opening weekend of...

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Facebook Subscription Payments Go Live, But Will Spotify and Netflix Pay The 30% Tax?

August 8, 2012
Facebook Subscription Payments Go Live, But Will Spotify and Netflix Pay The 30% Tax?

If Facebook could collect its 30% tax on what we pay monthly for Spotify, Hulu, or Netflix using the subscription payments system it’s rolling out today, it’d have nice new revenue stream to swim in. But that’s a deep cut for developers to give away just to smooth out friction in the one-time subscription...

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NFC for payments: Meh. NFC for a keyboard: Cool!

August 8, 2012
NFC for payments: Meh. NFC for a keyboard: Cool!

Near-field communications for mobile payments still hasn’t made much headway as most consumers and retailers haven’t yet transitioned to wireless payments. That doesn’t mean NFC is a dead technology however. We’ve already seen Bluetooth headphones that pair up by tapping them to an NFC-enabled smartphone. Now the world’s first NFC mobile keyboard is here....

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Google Is About To Make Apple’s Siri Look Like A Joke (GOOG, AAPL)

August 8, 2012
Google Is About To Make Apple’s Siri Look Like A Joke (GOOG, AAPL)

Apple Sorry, Zooey. See Also 6 Things The iPhone 5 Must Have Or I’m Switching To Android The 20 Most Disruptive Apps Of All Time Let’s Not Forget The Worst Part About Apple Eliminating Google From The iPhone Google announced today that it’s going to update its apps on the iPhone and iPad with...

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