Daily Archives: September 24, 2012

Why The Foxconn Riot Comes At The Worst Possible Time (AAPL)

September 24, 2012
Why The Foxconn Riot Comes At The Worst Possible Time (AAPL)

AP Images 2,000 workers at Foxconn’s Taiyuan plant in Northern China clashed with guards in the worker’s dormitory causing the plant to be temporarily shut down. Foxconn is the company most known for assembling Apple gadgets. This is horrible timing for China, which is already experiencing a period of profitless growth, as corporate costs...

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TechCrunch Italy – Join Us In Rome On Thursday For An Italian CrunchUp

September 24, 2012
TechCrunch Italy – Join Us In Rome On Thursday For An Italian CrunchUp

Well, it started with a conversation. I’d never run a TechCrunch Meetup or ‘CrunchUp’ in Italy, so I asked my contacts there, where and when should we do one? Little did I realise the tsunami I’d unleash. It seems the tech scene in Italy has been growing fast recently. I don’t know all the...

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LinkedIn Debuts Endorsements As A Lightweight Way To Recommend A Professional Contact’s Skills

September 24, 2012
LinkedIn Debuts Endorsements As A Lightweight Way To Recommend A Professional Contact’s Skills

Professional social network LinkedIn has allowed you to write recommendations for contacts for some time now, but usually these involve actually writing out a recommendation that can posted on a contact’s profile. Today the network is introducing a more lightweight way to recommend people and specifically, their skills, called Endorsements. On the top of...

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LinkedIn gets its own version of Facebook Likes: Endorsements

September 24, 2012

LinkedIn today announced Endorsements, a new feature that allows you to recognize professionals for their expertise. Endorsements launches today in English across four countries: the United States, India, New Zealand, and Australia. LinkedIn of course plans to expand Endorsements to all languages and all members, but wouldn’t give a more specific timeframe other than...

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Paul Revere Would Have Liked Facebook But Loved LinkedIn

September 24, 2012

Were Paul Revere alive today, he likely would have liked Facebook and had many friends there. But he would have loved LinkedIn. The reason why explains his famous role in the Revolutionary War. It also explains why most marketers still can’t make social media really work for them. On April 18, 1775, Revere helped...

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Banking industry opens new FinTech accelerator in London

September 24, 2012

London is the world’s top financial center, so this one is something of a no-brainer: having run a FinTech Innovation Lab in New York for the last couple of years, Accenture and the big banks are bringing the idea across to the British capital. The setup is similar to that in New York, with...

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MUNSTER: About That Prediction Of 8 Million iPhone 5s … (AAPL)

September 24, 2012
MUNSTER: About That Prediction Of 8 Million iPhone 5s … (AAPL)

Screenshot See Also MUNSTER: Worst Case Scenario, Apple Sells 6 Million iPhone 5s Opening Weekend IPHONE 5 OPENING WEEKEND SALES COME IN WORSE THAN EXPECTED Two Charts Spell Out Just How Disappointing Apple’s iPhone 5 Sales Really Are Apple’s stock is down 1% this morning after it announced 5 million in iPhone 5 sales...

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After getting access to the Twitter firehose, social media data startup Dataminr lands $13m

September 24, 2012
After getting access to the Twitter firehose, social media data startup Dataminr lands $13m

Real-time social media data firm Dataminr today announced that it has raised $13 million in Series B funding. The company says the round was led by existing Series A investors from the financial industry but also includes new backing from GSV Capital, Deep Fork Capital, Viceroy Capital, Wharton Equity Partners and others. Dataminr, which...

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Cisneros Group’s ad unit buys Kontextua to expand in the US and Latin America

September 24, 2012
Cisneros Group’s ad unit buys Kontextua to expand in the US and Latin America

Cisneros Group‘s digital advertising unit RedMas has acquired Kontextua, the Venezuelan media and telecommunications giant announced today. According to Miami-based RedMas, Kontextua’s existing network in Latin America and Spain will help the group extend its international reach. Kontextua was founded 2 years ago with the ambition to sell unexploited online advertising real estate, which...

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Why Aren’t Entrepreneurs Developing Innovative Solutions For Renters?

September 24, 2012
Why Aren’t Entrepreneurs Developing Innovative Solutions For Renters?

There are some 40 million rental units in America today. And that segment is growing fast as more Americans choose to rent instead of own in a tepid real estate market. While some technology providers have come to the rescue of landlords and prospective tenants, much opportunity remains. With home prices down 34% from...

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