news aggregatorCMO Role in Technology Buying
It’s no longer a question of whether technology plays a role in marketing, but rather what role the CMO needs to play in selecting the best solution to drive marketing, and ...
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Canada's Competition Bureau plans investigation into Google Canada (Matt Hartley/Financial Post) Matt Hartley / Financial Post:
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MacBook Air inventory begins dwindling ahead of Apple's WWDC (Neil Hughes/AppleInsider) Neil Hughes / AppleInsider:
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India's OMICS Publishing Group threatens scholarly critic with $1 billion lawsuit, jail timeOMICS Publishing Group, an Indian scholarly publisher has threatened to sue one of its critics, Metadata librarian Jeffrey Beall, for $1 billion, and has threatened him with prison time over posts he made to his prominent Scholarly Open Access site. OMICS cites India's terrible Information Technology Act as the basis for its threats. However, it seems unlikely that Beall would be extradited to India even if OMICS makes good on its threats, and unless he has assets in India, they'll have a hard time collecting on any judgment. Today The Chronicle of Higher Education reports on a less amusing letter Beall received Tuesday. An Indian intellectual property management firm called IP Markets informed Beall that they would be suing for $1 billion in damages and that he could face up to three years in prison for his "deliberate attempt to defame our client." That client is OMICS Publishing Group, an India-based operation profiled several times on the blog. The group requested that Beall remove the posts and e-mail updates to anyone who published his work, yet IP Markets still intends to go through with the suit either way. "All the allegation [sic] that you have mentioned in your blog are nothing more than fantastic figment of your imagination by you," the six-page letter reads according to The Chronicle. "Our client perceive the blog as mindless rattle of a incoherent person and please be assured that our client has taken a very serious note of the language, tone, and tenure adopted by you as well as the criminal acts of putting the same on the Internet." I know nothing about OMICS's publishing practices, but based on how they handle their critics, I feel confident in saying that they're not the sort of firm that any scholar should be doing business with -- censoring, terrible bullies don't make good publishers. Blogger writes about predatory publishing, is threatened with $1B suit
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Brain hacking: using neurofeedback to master conflicting wills in your mind
I've written before about Moran Cerf -- celebrated neuroscientist, former military hacker, and good-guy bank robber -- who also happens to be a great storyteller. Here's a video in which Cerf recounts some clever and fascinating neuroscience experiments that use neurofeedback to help people resolve competition between different thoughts and wills in their minds. The applications are even more interesting -- mentally controlling a robotic arm, for example. Moran Cerf: Hacking the brain (Thanks, Moran!)
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Yuck! NYC fourth grader sneaks camera into school, makes documentary about gross cafeteria foodHere's a clip from an upcoming documentary on the enormous gap between the food described by Zachary is a fourth grader at a large New York City public elementary school. Each day he reads the Department of Education lunch menu online to see what is being served. The menu describes delicious and nutritious cuisine that reads as if it came from the finest restaurants. However, when Zachary gets to school, he finds a very different reality. Armed with a concealed video camera and a healthy dose of rebellious courage, Zachary embarks on a six month covert mission to collect video footage of his lunch and expose the truth about the City's school food service program. Yuck: A 4th Grader's Short Documentary About School Lunch - Yuck: A 4th Grader's Short Documentary About School Lunch (via Reddit)
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Google Play In-App Purchase Revenue Growth Jumps 7X In One Year, Subscription Revenue Growing 2X Each Quarter (Darrell Etherington/TechCrunch) Darrell Etherington / TechCrunch:
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Amtrak Upgrades Wi-Fi Service on Trains (Ron Nixon/New York Times) Ron Nixon / New York Times:
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Video of a maker's everyday day carry
At Maker Faire Bay Area 2013 longtime Make pal Kent Barnes kindly opened his everyday carry case and showed me what’s inside. It’s a highly personalized collection of tools, including a flashlight, X-Acto knife, drivers, laser pointer, and lock pick tools. See the video at Makezine.com
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Report: Yahoo eager to close $1.1 billion cash deal for Tumblr by Sunday eveningTumblr’s fate could be decided Sunday by Yahoo’s board of directors. AllThingsD reported late Friday that Yahoo is closing in on a $1.1 billion deal for the site, moving quickly to cement what would be the biggest deal of CEO Marissa Mayer’s tenure at the venerable but lackluster internet pioneer. After reporting Thursday that Yahoo was considering a number of options for Tumblr, including partnerships or strategic investments, ATD reported Friday that Mayer had decided to go all in. Om reported Thursday that Yahoo was worried about counteroffers from Facebook, much how Facebook stole Instagram from Twitter after Twitter co-founder Jack Dorsey’s courtship of the photo-sharing site. Now the board plans to meet Sunday to consider giving final approval to the offer. Tumblr’s backers will likely be pleased with a $1.1 billion price tag, especially if, as reported, it involves cash However, it’s far from certain that such an outlay would do anything to revive Yahoo’s fortunes. Mayer certainly has been trying to bring new blood into the company of late, snapping up a number of smaller mobile startups before focusing on Tumblr over the last month. Yahoo has scheduled a press event for Monday evening in New York to discuss “something special,” but it wouldn’t hint at anything else. We’ll be there to cover the event, but in the meantime, here’s Tumblr founder and CEO David Karp’s appearance at our paidContent Live conference in April, discussing his company’s fortunes: Related research and analysis from GigaOM Pro:
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Yahoo Board to Meet Sunday to Consider $1.1 Billion, All-Cash Deal to Acquire Tumblr (AllThingsD) AllThingsD:
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Facebook's Growth Since IPO In 12 Big Numbers (Josh Constine/TechCrunch) Josh Constine / TechCrunch:
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New networking features make hybrid clouds possible on Google Compute EngineToward the tail end of Google I/O on Friday, Sunil James, a Google product manager (on left in picture), and John Cormie, a software engineer focusing on networking for Google Compute Engine (GCE), showed off new network capabilities for GCE that can enable hybrid clouds running between GCE deployments and on-premise data centers. GCE customers are now able to do things like establish virtual private Layer 3 networks and assign static public IP addresses to instances, James said. Connecting networks will also become possible. And a load-balancing service is on the way “as part of the native fabric for Google Compute Engine,” James said. Developers interested in trying out GCE load balancing can fill out a form to do so. Developers can also sign up for early access to all emerging Google Cloud Platform features. The load balancing and routing services are the sorts of things that could help more businesses make the decision to try real projects on the newly publicly available Infrastructure as a Service (IaaS) piece of the Google Cloud Platform. And the new capabilities move Google a few steps closer campaign to becoming a top, widely used IaaS provider — if not one day bigger than Amazon Web Services then at least No. 2. That position is already feasible for Google as it is. Related research and analysis from GigaOM Pro:
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Yahoo's Mayer Said to Be Preparing Updates for Flickr Photo Site (Douglas MacMillan/Bloomberg) Douglas MacMillan / Bloomberg:
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Redbox Instant is coming to Google TV soon, Roku up nextRedbox Instant by Verizon is going to bring its streaming service to Google TV devices soon: The company demonstrated a prototype of its app at Google I/O Friday, and a representative told me that the app will launch in earnest within the next few weeks. After that, the company is going to launch a channel on Roku media streamers. Check out a photo of the app UI below: Redbox Instant by Verizon’s prototype app was on display on an LG Google TV that ran the next version of Google TV that is based on Android 4.2.2, or Jelly Bean. That version will come to Google TV devices in the third quarter of this year, but I was told that the Redbox Instant app will be available before that, and that is going to work just fine with the current version of Google TV. However, the service won’t be available on Google TV devices using an Intel processor, which means that owners of the Logitech Revue and other first-generation devices won’t be able to use it. Redbox Instant first launched on select Samsung TVs and Blu-ray players as well as PCs and mobile devices in March. The joint-venture between Redbox and Verizon has since added support for Microsoft’s Xbox 360 as well as select LG Smart TVs. I was told by a representative Friday that the company is looking to add support for Roku players soon after rolling out the Google TV app. Related research and analysis from GigaOM Pro:
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HOWTO kill a tiger (1902) My main purpose in writing this little book, was to place in a permanent form a description of my wonderful preservation from death in a chance encounter with a Royal Bengal Tiger. My life had been adventurous up to that time. I had shot big game of various kinds. But this episode, so marvellous in itself, so important in its influence upon my after life and character, marks the close of my career as a hunter of big game.
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Tableau closes Day 1 as a $2.9B public company, up 64 percentData analytics star Tableau had a successful initial public offering on Friday, closing the day up nearly 64 percent at $50.75 per share. That means the company brought in about $254 million (it sold 5 million shares, while stockholders sold 3.4 million) and has a market cap of $2.9 billion. Shares have remained relatively steady in after-hours trading, trending down only slightly. “We’re thrilled,” Tableau co-founder and CEO Christian Chabot told me during a call after the market closed. One should hope so. Chabot and his fellow co-founders stand to make a lot of money if today’s closing price holds up, as does its sole investor NEA. The firm put $15 million into Tableau since it launched in 2003, and has rode that sum to profitability and more than $127 million in annual revenue. Here’s a quick chart (made using Tableau Public) showing who owns how many share and what they’re potentially worth. The company didn’t really need more capital to operate, Chabot said, but one of the primary drivers was to raise awareness of the company. It has about 12,000 customers, he said, but there are millions more possible users. As part of attracting them, the company is going to expand globally and is working to improve its reach across mobile devices, the cloud and the Mac operating system. “I don’t believe in the this whole ‘or’ philosophy with computers,” Chabot said. “It’s ‘and’” — meaning people will use desktops and tablets and smartphones. More prominence and more users singing its praises might also dispel the notion that Tableau is just about visualization. It has some fairly advanced features under the covers (as a commenter to my earlier post about the company’s influence pointed out), even if they’re hidden by the relatively simple user experience. “Tableau is not a visualization company, per se, it’s really an analytics company,” Chabot said. However, if the company really wants to expand its reach to everyone one who wants to gain knowledge from data — something Chabot calls a “timeless human need” — it might actually need to get simpler. More marketing can let potential business users know about new features like forecasting and data-extraction, but it won’t make a dentist is Des Moines better at formatting his data. After raising $254 million in its IPO, though, Tableau is in a good place to do whatever it has to. Related research and analysis from GigaOM Pro:
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DirecTV Consider Bid for Hulu (Shalini Ramachandran/Wall Street Journal) Shalini Ramachandran / Wall Street Journal:
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With VentureHealth, InCube Ventures thinks crowdfunding can blend with traditional VCsSome investors, particularly angel investors, may see equity crowdfunding as a threat to traditional venture capital. But not InCube Ventures. Over the past few years, the San Jose, Calif.-based life sciences venture capital firm has co-invested with accredited individual investors on a handful of deals. On Friday, the firm went one big step further with the launch of VentureHealth, an equity crowdfunding site for biomedical technology companies. As report after report has shown, venture capital funding for life sciences companies has been on the decline. This week, for example, PricewaterhouseCoopers LLP (PwC) and the National Venture Capital Association (NVCA) revealed that venture funding in the life sciences sector dropped 14 percent in the first quarter of this year. VentureHealth wants to give health startups — both early, but particularly later stage — a new option for raising funding, while embracing a model that enables doctors, health care professionals and others with sufficient means to support companies addressing issues they care about. “The life sciences venture industry has been shrinking – there’s less capital available for really exciting companies,” said InCube managing director and VentureHealth co-founder Andrew Farquharson. “To the extent that we can mobilize capital into companies that need it, we’re meeting our mission.” VentureHealth isn’t the first attempt at bringing crowdfunding to health care. MedStartr and Health Tech Hatch offer entrepreneurs a platform for raising relatively small amounts of seed capital without giving up equity. And last week HeathFundr launched an equity crowdfunding site targeting medical device and other health entrepreneurs looking for Series A-range funding. But unlike HealthFundr, CircleUp and other equity crowdfunding sites that have recently emerged, VentureHealth doesn’t offer securities through a registered broker dealer. Instead of taking a commission on each transaction, it’s compensated through a combination of fees and carried interest, which is a percentage of the profits earned by investors when a company is sold or experiences another kind of liquidity event. While the amount can vary, the company said it will tend to be about 20 percent. That’s a decent-sized payout, but Farquharson said its model means that VentureHealth only wins when its investors win so it’s extra incentivized to find the best deals. Over the past decade or so, Farquharson and his co-founder Mir Imran, a medical inventor who holds more than 200 patents, have invested in a range of companies, from BodyMedia, a wearable technology company recently sold to Jawbone to epilepsy treatment company Neurolink. Given their track record and experience, he believes VentureHealth could give interested investors a well-curated selection of deals and entrepreneurs the extra support they may need. For now, Farquharson said, they interact with every accredited investor on the site but, when it’s implemented, the JOBS Act will enable VentureHealth to reach a broader pool of investors and expand its options. The site currently has no active deals listed, but Farquharson estimates that it could offer five or six deals over the next 10 months. Once VentureHealth scales sufficiently, InCube plans so spin it off as a standalone company. Related research and analysis from GigaOM Pro:
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Underwater batteries are making a splash for energy storageHydroelectricity generation exploits the tremendous height differential that occurs naturally at waterfalls or artificially at dams as water flows through the system. Now, efforts are underway to harness a differential of another sort for both energy storage and generation: the pressure under the sea. A Norwegian company called Subhydro is making forays into underwater hydroelectrical power plants, and Canadian company Hydrostor is creating an underwater grid storage system. Think of water rushing in through the open hatch of a submarine, and you get an idea of the forces at work underwater. Atmospheric pressure and the weight of the water combine to create pressures that compound with increasing depth. At a depth of 400 meters (almost a quarter mile), for example, the pressure is that of 40 atmospheres, one atmosphere being the pressure we experience at sea level. Subhydro envisions installing large concrete tanks at depths of 400-800 meters, and the deeper the better for maximizing energy generation. When the “hatch” is opened, water is allowed to flow into the tanks through a turbine that drives an electric generator. The more and larger the tanks, the longer the generation can go on. When the tanks are filled, the turbine can be reversed to pump out the water, a process that draws on the power grid and consumes energy. In this way, the pumped storage plant functions like an underwater battery that can be re-charged, much like a hydroelectric plant on dry land pumps water into an upper reservoir after it has passed through a turbine. According to Subhydro, the efficiency of the underwater plant is about 80 percent, comparable to efficiencies achieved at conventional plants. Integrating the pumped storage plant with wind or solar farms could create a grid storage system that harnesses excess renewable energy generation to pump out the tanks and flood them during peak hours of production. Another approach to underwater grid storage is in the works at a depth of 80 meters in Lake Ontario, just off shore of Toronto. There, Hydrostor will begin building underwater tanks that will hold compressed air. Surplus energy from renewables (wind, solar) will provide the energy to compress air from the atmosphere and pump it in to the tanks. To put energy back into the grid, the air is allowed to surface, driving generators as it expands back into the atmosphere. Hydrostor is partnering with Toronto Hydro to build the 1MW/4MWh compressed air energy storage demonstration facility. The system will run at 70 percent efficiency, according to Hydrostor. Earlier this month MaRS Cleantech Fund announced an investment in Hydrostor’s tech. Clearly, there are still some hurdles to overcome before energy companies everywhere take the plunge. The environmental impact of offshore submerged facilities will need to be considered, as will the building materials themselves. To withstand the underwater pressure, Subhydro is working with research partners to develop thin concrete reinforced with steel fibers, while Hydrostor’s system will use inflatable polyester bags to hold compressed air. Building underwater facilities is itself energy-intensive, so whether the process can be made cost and energy-effective will determine whether cleantech is ready to get its feet wet. Image via Knut Gangåssæter/Doghouse Related research and analysis from GigaOM Pro:
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