Lionsgate Television Group has optioned rights to Nick Bilton’s New York Times best seller Hatching Twitter: A True Story of Money, Power, Friendship, and Betrayal, the company announced today. Allison Shearmur is set executive producer and Bilton, a columnist and reporter for the New York Times, will write the screenplay and serve as producer, Lionsgate said in a press release. Hatching Twitter debuted at #5 on the Wall Street Journal’s Hardcover Business list. The book will be turned into a TV series, which will be much like Orange is the New Black.
For Hipstamatic creators, it has been a bitter sweet journey. The company was at the top of the world, making millions every year and then lost out to Instagram. Now the company is betting on curation to revive its fortunes with the new version of Oggl. Read more »
Over the past 12 years, blogging has gone from being a niche curiosity to becoming a catch-all phrase for everything from rants to press release rewrites. However, what has not changed is its ethos and its importance in an increasingly content rich world. Read more »
This infographic shared by ABI Research, a market research firm is a great visualization of our increased connectedness. This state of connectedness is going to only increase.
What’s on menu this weekend? How about Paul Walker, future of work in age of anxiety, rise and fall of demand media, the Made in USA premium and why we need bubbles. Plus much more. Read more »
After a successful iOS launch four months ago, Quip arrives on Android today. The mobile-centric collaborative word processor has a few Android-only features that make it worth the look. Read more »
It was a spectacular Cyber Monday! And it was the biggest online shopping day in history according to IBM, which tracks online retail via its Digital Analytics service. There was a 20.6 percent increase in online sales, with the biggest boost coming from mobile,which accounted for over 17 percent of total online sales, up 55.4 percent from 2012. Mobile traffic was 31.7 percent of all online traffic, up 45 percent over 2012. The five-day online sales period – from Thanksgiving Day through Cyber Monday – was the highest ever in terms of spending. It was 16.5 percent over the same period in 2012. IBM didn’t share actual dollar figures on amount of money spent.
Over the weekend, news broke that Telefonica was killing Jajah. While the news created a lot of consternation, the reality is that both parties got what they needed from the $207 million deal. Investors made money and Telefonica got something else. Read more »
Amazon is measured when it comes to revealing its future plans and is reticent to share details. And when it does, it does so with its own ends in mind. That begs the question: why did Jeff Bezos pre-announce Amazon drone delivery so early? Read more »
Akamai Technologies says it has signed a definitive agreement to acquire Prolexic Technologies, a Hollywood, FL.-based cloud-based security company, whose products are focused on protecting data centers and corporate applications such as email, file transfers, and VPN from distributed denial of service (DDoS) attacks. Under the terms of the agreement, Akamai will acquire Prolexic in exchange for a net cash payment of approximately $370 million.
Large phone and cable companies added nearly half-a-million broadband subscribers during the third quarter of 2013. The U.S. seems to be on its way to 100 million subscribers, and Comcast seems to be the big winner of the broadband sweepstakes. Read more »
Comcast’s Xfinity broadband network — 20.28 million subscribers — is on its way to becoming one of world’s largest IPv6 networks, thanks to a new software upgrade by ARRIS, a cable equipment maker. The Suwanee, Ga.-based company (that also includes Motorola’s Home Business) recently released a software upgrade that has enabled IPv6 support for more than 4 million ARRIS TG862 gateways —boxes that are used to connect to the Internet, offer phone service and act as a wireless access point— currently deployed across the Comcast broadband network. Comcast has been planning to completely rollout IPv6 across its network by early 2014.
Ben Thompson maps out the symbiotic relationship between Social & Communications. It dovetails nicely with my news & analysis about why Instagram is launching messaging. It can be summed up by this tweet of mine: “Most modern applications need a layer of communication – comments, lightweight signals such as likes & messaging.” This in-turn led to a fun twitter conversation with contributions from John Lilly, Josh Williams, Adam Besvinick, Charles Ying and Semil.
Selfies, Selfies and more selfies: so much so it is the word of the year and in order to celebrate and understand the concept of selfie, I decided to curate seven of the best pieces I have read around selfies. Read more »
Instagram, a visual communication platform is looking for way to expand its appeal to its 200 million (and growing) community of users. First it was short-form video. Now it has a whole new feature up its sleeve. What is that? Read on to find out. Read more »
Qualcomm, facing some headwinds in its business, is looking to trim some fat, sources tell us. The company cut some VP level executives and many others in order to rein in expenses. Some details… Read more »
Pinterest on Wednesday announced Place Pins, a new variation of its core product that allows folks to pin and create boards for places they like or want to visit. Pinterest’s diversification comes close on the heels of a massive round of funding at nosebleed valuations. Read more »
Did Twitter really leave a billion dollars on the table? Or was it smart? Why did Chegg crash and what makes Zulily IPO so hot? Those answers plus more pointers abut the direction that IPO markets might take in next few months. Read more »
Instagram started experimenting with advertising recently. It is only following what its members have already started doing – embedding commercial messages into instagrams they share. It might pose an interesting challenge for the photo network. Read more »
Compass-EOS is an Israeli company that is trying to rethink routing. It has invented a new optical chip to do that. And all that means it has needed money – about $160 million in total, of which $42 million came just recently. Read more »
When it comes to US broadband, AT&T trails Comcast both in terms of speed and customers. But it is doing its best to catch up: Today the company announced that is now has more than 10 million customers who are subscribing to its U-verse High Speed Internet service. U-Verse uses a hybrid combination of fiber optic and copper networks, and it is much faster than AT&T’s older DSL networks. Nearly 60 percent of all AT&T wireline broadband subscribers are using U-Verse. Comcast has 21 million broadband subscribers, while AT&T has 16.4 million total broadband customers, including DSL. Earlier this year, AT&T rolled out U-verse High Speed Internet Power with up to 45 Mbps download speeds in 79 markets. As we have previously noted, AT&T has plans to bump up speeds up to 75 and 100 Mbps in the near future.
The role of Amazon’s web services in revolutionizing the startup ecosystem is well illustrated by the spectacular rise of Dropbox, an online storage service. Their symbiotic relationship shows why Amazon has such a massive lead over rivals in the ever evolving business of cloud computing. Read more »
The Internet Unpluggers, Somalia’s Pirate King, How Couchsurfing fell on hard times, Rock star scientist Pardis Sabeti, the rise of Robots and the fall of the House of Moon are all on the menu this week. Enjoy! Read more »
Dropbox today announced a new version that allows seamless switching and co-existence between work and personal dropbox accounts. The new version of the software puts lot of control in the hands of administrators who can keep a tight control on file sharing related activities. Read more »
Kno, launched with much fanfare, raised nearly $100 million in venture capital and debt, only to find out that the world of education didn’t care much for the company’s products or for that matter the company itself. It crash landed at Intel last weekend. Read more »
Rob Enderle has been analyst for too long and has mostly been wrong about his favorite target, Apple. And now he has turned his guns on Amazon (Web Services) and points out that IBM is going to win the war with AWS. I think we all have a different definition of winning, especially considering the troubled cloud effort by IBM. Anyway read the piece, if nothing, for a chuckle!
Sincerely, a San Francisco-based mobile gifting app started by Matt Brezina has been acquired by Provide Commerce, a subsidiary of Liberty Interactive Corporation. Provide owns e-commerce brands such as ProFlowers, RedEnvelope, Personal Creations, Shari’s Berries, Gifts.com and others. Brezina (also the co-founder of Xobni) launched the company with backing from the likes of Spark Capital and First Round Capital and its first product (Postagram) was a mobile photo postcard. Terms of the deal were not announced, but this is not an acqua-hire type acquisition – Provide will double the team which will stay in San Francisco. Everyone involved in the deal – investors, employees and others are in the black with this sale.
Twitter is making its debut on the public markets and with that the fortunes of its founders, employees and many of its investors will change. As it crosses into adulthood, Twitter and its new owners need to remember this one thing — Twitter is us! Read more »
Design isn’t just about aesthetics, it’s about the creation of experiences that add value to your life. Tomorrow we’ll kick off two days of discussion about experience design for the tech industry at our Roadmap conference. Read more »
What’s on the menu? Killer Drones, the man who mastered them and another who uses them; 20,000 warcrimes later; the rise of the machines and are we becoming puppets of a wired world. Plus, who is Marty Sullivan? Hint: Ask Tim Cook. Read more »
Five years after co-founding Kickstarter, Perry Chen is moving up to the chairman’s office and being replaced by his co-founder Yancey Strickler. Another co-founder, Charles Adler, is moving to an advisory role. Kickstarter now boasts 5 million backers who have pledged close to a billion dollars. Read more »
For Comcast, broadband is a gift that keeps giving and the company today announced that it added 297,000 new customers during in its third quarter ending September 30, 2013. That brings the total number of broadband customers to 20.283 million subscribers. The growth in its broadband business has been pretty robust during 2013: the company has so far this year added 917,000 broadband subscribers and brought in about $7.7 billion in revenue.
The experience design conference for the tech industry is just a week away. Come join us for Gigaom’s Roadmap conference in San Francisco. Read more »
Instagram is a unique place and offers a unique experience, one that is hard to imagine with ads and commercial messages. And that day arrived last week. My reflections on what it mean for brand and display advertising. Read more »
Kevin Kelly, is a great role model for any and every technology writer. Former editor of A Whole Earth Catalog, co-founder of The Well (an online community) and founding executive editor of Wired Magazine is a man of ideas. My reflections after meeting him last week. Read more »
The story of a refugee Armenian family fleeing Syria, Jonathan Franzen, Funny math of clothing sizes, Facebook Feminism and Sheryl Sandberg, Paul Krugman on Climate Change and why have young people stopped having sex in Japan — these plus chess are on menu this weekend. Read more »
Snapchat, the hottest consumer service in tech-town is getting even more money – a rumored $200 million — and some say is now being valued at over $3.5 billion. True or not, Snapchat remains one of the fastest growing social platform. Read more »
Today we’re introducing an updated look for Gigaom that honors the standards of our past as we push ahead into the future. Read more »
Apple’s fall iPad event kicks off at 10am PT, and we’ll cover it live here. Sure, the big iPads will get a refresh, but what about the iPad mini or a keyboard accessory for the iPad line? Read more »
During the heyday of industrial and manufacturing economy, what mattered was the brand. Today, what matters is the complete experience, one that hides technology, infrastructure and complexity and in the process creates a bond between us and the product. Read more »