Daily Archives: March 29, 2013

CHART OF THE DAY: How App Makers Make Money (AAPL, GOOG)

March 29, 2013
CHART OF THE DAY: How App Makers Make Money (AAPL, GOOG)

Email More App revenue comes largely from in-app purchases made in free games, according to a new report from Distimo. Right now 76 percent of revenue comes from in-app purchases made in paid and free apps. That’s up from 53 percent a year ago. If you’re an app-maker, it looks like the best plan...

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Marissa Mayer Tells The Story Of Why She Became Yahoo CEO, Even Though She Was About To Have A Kid (YHOO)

March 29, 2013
Marissa Mayer Tells The Story Of Why She Became Yahoo CEO, Even Though She Was About To Have A Kid (YHOO)

Marissa Mayer/Twitter See Also The COO Marissa Mayer Hired To Deal With Ad Agencies Will Ignore ‘Important Emails From Senior Agency Executives’ CHART OF THE DAY: Yahoo Shares Are Quietly Soaring Under Marissa Mayer Yahoo Buys A Mobile News Startup Founded By A 15-Year-Old For $30 Million Marissa Mayer told the story today of...

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Dell’s Forecast For 2014 Has Dropped Nearly $10 Billion (DELL)

March 29, 2013
Dell’s Forecast For 2014 Has Dropped Nearly $10 Billion (DELL)

AP See Also Dell Just Revealed The Details Of Its Two New Buyout Offers BETRAYAL: Michael Dell’s Former Right-Hand Man Leads Coup To Push Him Out Why Carl Icahn Is The Most Dangerous Man On Wall Street As part of a proposed transaction to take the company private, Dell has issued a 274-page proxy...

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Inside the deal to take Dell private: Missed revenue, Microsoft’s price, and fat termination costs

March 29, 2013

Dell’s today released a filing to the Securities and Exchange Commission (SEC) that details why shareholders should accept, in its view, the $24.4 billion deal offered by Michael Dell, Silverlake, and partially financed by Microsoft. We reported on Microsoft’s financing assistance to the Dell buyout consortium. Microsoft will take no shares in Dell, or voting powers. However,...

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LivingSocial co-founder and CTO Aaron Batalion leaves ‘to pursue some new ideas’

March 29, 2013
LivingSocial co-founder and CTO Aaron Batalion leaves ‘to pursue some new ideas’

Aaron Batalion, daily deals site LivingSocial’s co-founder and CTO, has announced that he is leaving the company, which has struggled to turn a profit as interest in the industry has waned. “After much soul searching, I have decided to leave LivingSocial to pursue some new ideas,” Batalion wrote on his blog. “No new adventure...

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iMessage denial of service ‘prank’ spams users rapidly with messages, crashes iOS Messages app

March 29, 2013
iMessage denial of service ‘prank’ spams users rapidly with messages, crashes iOS Messages app

Over the last couple of days, a group of iOS developers has been targeted with a series of rapid-fire texts sent over Apple’s iMessage system. The messages, likely transmitted via the OS X Messages app using a simple AppleScript, rapidly fill up the Messages app on iOS or the Mac with text, forcing a user to...

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Nate Silver Gets Real About Big Data

March 29, 2013
Nate Silver Gets Real About Big Data

While it has become de rigueur to ascribe all sorts of supernatural powers to Big Data, one of the world’s most celebrated statisticians, Nate Silver, is far more circumspect about it. If anything, according to Silver in his book The Signal and the Noise, Big Data carries the potential to cloud our decisions by introducing...

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Here’s Proof That Google Must Really Need More Google+ Local Reviews

March 29, 2013
Here’s Proof That Google Must Really Need More Google+ Local Reviews

As Google tries to make Google+ a viable place to learn about local businesses, it seems to be having trouble getting enough reviews of local businesses. At least in New York City, anyway. Google+ Local Needs Reviews? That’s the only explanation I could come up with for the awkward, uncomfortable and bizarre Google+ Lounge...

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Hey, Facebook! Even You Don’t Need A Facebook Phone

March 29, 2013
Hey, Facebook! Even You Don’t Need A Facebook Phone

If the rumors are true — and given Facebook’s management of the press, I suspect they are — then by next week the world will finally have its “Facebook Phone.” Whoopee. A device, and possibly an entire operating system, that’s almost wholly unnecessary and likely to benefit pretty much no one — neither Facebook...

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Authors Guild warns of monopoly in Amazon’s purchase of Goodreads

March 29, 2013

The literary world gasped on Thursday when Amazon announced it had acquired Goodreads, a popular social networks that lets book lovers connect and share reviews with one another. The deal gives Amazon control of an influential literary taste-maker and provides it with access to a wealth of new book data — a development that...

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