Archive for October, 2007

Web 2.0 & The California Fire Crisis

Alistair Croll | Tuesday, October 23, 2007 | 4:34 PM PT | 35 comments

I was in San Diego this week, and the wildfires there were extraordinary. Hundreds of thousands of people — normal, suburban, it-can’t-happen-to-me people — were displaced, stuck on roadways and desperate for information. The nature of the emergency — multiple fires, moving quickly — meant information was often conflicting.

Traditional media have been hopelessly outdated in their coverage. We tracked the fires using the National Weather Service’s reflectivity index, which proved far more accurate. But the enterprising folks at the L.A. Fire Department found a better way: they’ve been issuing frequent updates using Twitter.

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Ex-Googlers Ready to Start a VC Fund

Om Malik | Tuesday, October 23, 2007 | 4:21 PM PT | 6 comments

The slow and steady exodus of executives from Google (GOOG) has been in progress for a while now. Today, two senior members of the corporate development team left Googleplex for good, to start a new venture fund, Merus Capital.

Salman Ullah, Google’s vice president of corporate development; Sean Dempsey, principal at Google’s corporate development group and Peter Hsing, a general manager of corporate strategy at Microsoft have teamed up to start this new fund.

The news first reported by VentureBeat as Copper River Ventures. The fund is going to focus on small early stage deals. Of course, it helps that like Ullah and Dempsey, many Googlers are leaving the company to rev-up their own start-ups. Merus, which means pure in latin, could be assured of a steady deal flow.

Location, Location, Location: Deal Volume Proxy for Interest in Location-Based Services

Om Malik | Tuesday, October 23, 2007 | 2:40 PM PT | 16 comments

Location-based services (LBS) are one of our favorite topics here at GigaOM. We have covered the business extensively, including the recent mega-billion-dollar acquisitions made by Nokia (NOK) and Tom Tom. In other deals, Google (GOOG) bought Jaiku and last week, Platial acquired Frappr. All of this activity indicates that “location” is becoming increasingly important in the mobile world.

Folks at the most excellent Maperture blog have put together a list of deals that encompass location-based and mapping services. We took their deal information and put it in a graph to show you, at a glance, just how important location really is.

locationbaseddeals.png

A short list of LBS start-ups.

GigaNET Headlines: Tom Hanks, Tagging, CTIA News:

Earth2Tech: Academy Award-winning movie star Tom Hanks is promoting the eBox, a retrofitted electric car — on his MySpace profile page.

WebWorkerDaily: One in 10 U.S. online consumers tag something on the web every month. Five tips on how to integrate tagging into your web business.

NewTeeVee: Wyclef Jean on your phone, mobile Weather Channel and 3G-rich advertising insertions, oh my! A roundup of mobile video announcements from day one of the CTIA.

Found/Read: Commissioning credibility — when, how and why to pitch your startup to an industry analyst.

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AT&T CEO: Network Upgrades In Progress, Pair-Bonding for Faster DSL & the 3G iPhone

Om Malik | Tuesday, October 23, 2007 | 9:30 AM PT | 8 comments

Pair-bonding for faster DSL, 3G wireless, and a beefier backbone using OC-768 (40 gigabits per second) technology are some of the things in the immediate future for AT&T (T), the San Antonio, Texas-based phone company, according to CEO Randall Stephenson, who was in San Francisco last week for the Web 2.0 Summit.

Looking fit as a fiddle and sporting a Texas Tan, Stephenson had just come off the stage after charming the skeptical audience and skillfully dodging some of the prickly questions he was asked by John Battelle. In a quick private chat following his on-stage conversation, Stephenson soldiered on with his charm offensive, and outlined a vision for transforming the phone company into a communications company with an emphasis on broadband and wireless.

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Cisco Makes Its WiMAX Move, Buys Navini

Om Malik | Tuesday, October 23, 2007 | 7:17 AM PT | 9 comments

After being skeptical of WiMAX for quite sometime, Cisco Systems (CSCO) is changing its tune, and has decided to play the WiMAX game. It is doing so by buying Navini Networks for a whopping $330 million in cash and stock. It was apparently one of the worst-kept secrets out there; the analyst community had been talking about the deal for nearly a fortnight.

Why this change of heart? One could point to United Nations/ITU giving their blessing to WiMAX. WiMAX is becoming quite popular with operators in emerging markets, where little or no prior infrastructure exists. Countries like India, China, Brazil and others are looking to building WiMAX-based wireless broadband networks. Of course, Cisco can’t let rivals like Motorola (MOT) get all the business.

Cisco posted this video on their blog explaining why they bought Navini.

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For Investors (so far) Apple Better Than Google

Kevin Kelleher | Tuesday, October 23, 2007 | 4:18 AM PT | 15 comments

Remember when Apple’s (AAPL) stock topped the $100 mark, powered by another stellar earnings report? It was only six months ago. Judging from the rapturous reaction in the aftermarket today to Apple’s most recent earnings report, the stock is close to racing past the $200 mark.

Apple closed active trading Monday at $174.36. Following release of its fiscal fourth-quarter results, it shot up as high as $187.76. After market trading can be volatile, but it can often, if not always, be a good gauge of how the stock will fare in official trading the next day. It’s a pretty safe bet Apple shareholders will have a pretty good day Tuesday.

Apple has turned into one of those superstar stocks that seem incapable of disappointing investors. Just add money and watch your returns grow. The last big superstar stock in the tech firmament was Google (GOOG). But Apple seems to be in a higher class of supernova than even Google.

Ever since Google’s first day of trading back in the summer of 2004, Apple’s stock has outperformed Google so that, as of the close of trade Monday, an investor who bought Apple in the stock market on Aug. 19, 2004 would have made twice as much as an investor who invested the same money in Google shares.

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Tool You Can Use: iPhoneSlide

Om Malik | Tuesday, October 23, 2007 | 3:30 AM PT | 0 comments

iPhoneSlide.com is a simple little web tool that solves the problem of instantly uploading iPhone photos to one (or more) of your favorite web services - Facebook, WordPress, Flickr, Blogger, or Typepad - in one pass via email. Take a photo and email it with subject and text to post@iphoneslide.com. You will get a confirmation email in return. Select the services you want to upload that photo to, and you are done.

How to Commission Credibility

Found|Read Carleen Hawn | Tuesday, October 23, 2007 | 1:57 AM PT | 0 comments

Today I attended a new conference for entrepreneurs in Silicon Valley called She’s Geeky. The organizers, a group of founders, prefer to call it an “unconference” because they don’t pre-set the agenda. But they do arrange some interesting panels.

I attended the one called “Dealing with Analysts, The Good the Bad and the Ugly,” a roundtable on when, how and why to pitch your startup to an industry analyst. (This is “analyst” in the Forrester, Jupiter-tradition; not equity or financial analyst). I was skeptical. Continue »

Best way to make your cash last? Enter and host contests.

Found|Read Ben Leduc-Mills | Tuesday, October 23, 2007 | 12:47 AM PT | 0 comments

Editor’s Note: Ben Leduc-Mills and Matthew Fargo are the cofounders of RapHappy, one of 5 startups to win a $30,000 grant from the 2nd annual Digital Incubator b-plan competition, sponsored by mtvU and Cisco. (There were 48 competitors at the start.) We met RapHappy on Oct.1, as the duo presented again to the mtvU/Cisco selection committee to show what they’d done with their money, and to compete for the $100,000 grand prize. The jury is still out on which startup won the final honor, but the committee seemed impressed that RapHappy still had $15,000 “in the bank.” We asked Ben to tell us how they got so far spending so little. Continue »

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