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Are we still innovating? Thiel and Andreessen debate!

by Steven Loeb, May 2, 2013 | Comments

	Peter Thiel: We can do better than throwing angry birds at pigs We live in a time when it feels like new technology is coming out faster than most of us can even keep up with. In just the last decade we have seen the fall of the desktop computer, the rise and fall of the laptop and then the rise of the smartphone. But are we actually creating useful devices or ...
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LinkedIn shares plunge over 10% despite healthy quarter

by Steven Loeb, May 2, 2013 | Comments

LinkedIn beat estimates for the quarter, but outlook for Q2 and FY2013 come up short

(Updates to reflect stock price, analyst projections) Shares of LinkedIn are down over 10% Friday. After the company posted better-than expected first-quarter earnings, but delivered lower than expected outlooks for the coming quarter and full year, the stock fell over 10% in after-hours trading on Thursday, after they had been up 3.52%, in regular trading earier in the day. LinkedIn is currently trading ...

New Google Glass app takes pictures with a wink

by Steven Loeb, May 2, 2013 | Comments

Hands free picture taking is sure to rankle those who see Glass as a potential privacy invader

I've expressed my weariness and apprehension over Google Glass, the hands free computer that looks like a Star Trek prop, before. Not only do I think the device looks kind of dumb, but I worry about devices like this isolating people even further, and I also have some concerns over some very real issues having to do with privacy. But, ...

Facebook up 4% after strong mobile and payment revenue

by Steven Loeb, May 2, 2013 | Comments

Analysts raise full year projections, but price targets remain the same

Facebook stock is up 4% in trading Thursday, to $28.51 a share, after posting a mixed earnings report Wednesday after the close in which it came in ahead of expectations while earnings on an adjusted basis missed by a penny. Shares rose .44% in after-hours trading Wednesday, after falling 1.22% in regular trading to $27.43. Analysts seem reassured in Facebook's long-term ...

Zynga.org and NewSchools launch ed tech accelerator

by Steven Loeb, May 2, 2013 | Comments

Accelerator will focus on games and apps designed to improve education

Zynga.org, the non-profit arm of the popular social gaming company, has entered into a new partnership with NewSchools Venture Fund in order to form a new accelerator focused on ed tech, it was announced Wednesday. The accelerator, which will be focused on "enhancing the quality and reach of learning games and apps designed to improve education outcomes," will be hosted at Zynga's headquarters in San Francisco, where ...

Facebook tops revenue; misses earnings expectations

by Steven Loeb, May 1, 2013 | Comments

Mark Zuckerberg defends slow growth of Home in conference call

Shares of Facebook barely budged in after-hours trading, after the company posted first-quarter results that were a mixed bag as revenue came in ahead of expectations while earnings on an adjusted basis missed by a penny. Shares rose .44% in after-hours, after falling 1.22% in regular trading to $27.43. In the earnings report, Facebook posted revenue of $1.46 billion for the quarter, higher ...

Facebook awarded $2.8M in ruling against typosquatters

by Steven Loeb, May 1, 2013 | Comments

Typosquatters buy domain names similar to well-known websites, so users visit them by accident

You know how sometimes you make a mistake while typing in a website name? For example, you might type in Fscebook" or "Facebool" instead of Facebook without realizing? Then you get taken to some shady site that kind of looks like what you were looking for, but is somehow off. They might announce things like, "You are today's California Winner: ...

LinkedIn spruces up profiles with new images and video

by Steven Loeb, May 1, 2013 | Comments

Professional Portfolio allows users to flex their creative muscle

LinkedIn has come a long way from being a very sober-looking, buttoned-up professional site. In the early days, LinkedIn didn't even allow people to put up photos, as the founder Reid Hoffman wanted to maintain a very professional environment. How times have changed. In an attempt to make its pages more visually interesting, and to keep people on the site ...

Deal between Yahoo and Dailymotion has fallen apart

by Steven Loeb, May 1, 2013 | Comments

Talks between the companies collapsed after French government officials tried to renegotiate terms

In March, it was reported that Yahoo was in talks to purchase a controlling stake in online video website Dailymotion, in order to take on Google and YouTube. Well, those talks, which seem to have escalated quite far in the last month, have now been called off due to meddling from the French government, according to a report from the Wall Street Journal ...

All eyes on mobile revenue in Facebook's Q1 report

by Steven Loeb, April 30, 2013 | Comments

Analysts expect to see earnings of 13 cents per share and revenue of $1.44 billion

When Facebook reports its fourth quarterly report as a publicly-traded company at the close of trading on Wednesday, all eyes will be on the company's ability to position itself for the mobile world. Ahead of the news, shares of Facebook rose 3% Tuesday to $27.77, the eighth day in a row that the stock has gained. Shares were up slightly ...

Report: Tom Wheeler to be nominated as FCC Chairman

by Steven Loeb, April 30, 2013 | Comments

Wheeler is being put up as replacement for outgoing Chairman Julius Genachowski

A little over a month since Julius Genachowski, Chairman of the The Federal Communications Commission, announced his departure, President Obama seems ready to name his replacement. Tom Wheeler, a venture capitalist, former top lobbyist for the cable and wireless industries and a former top fundraiser for Obama,, will be named by President Obama to head the FCC, sources told the Wall Street Journal Tuesday. ...

Twitter opens ad platform to all U.S. businesses

by Steven Loeb, April 30, 2013 | Comments

Twitter Ads gives small businesses access to Promoted Tweets and Promoted Accounts

In March of last year, Twitter debuted its self-service ad platform to give small businesses access to Promoted Tweets and Promoted Accounts to help them grow their business. The program was only made availabile to select businesses, who could access it through invite only. Now, a year later, Twitter has finally opened Twitter Ads to any company that wants to use ...

Leap2 launches new iOS and Android apps, raises $1.6M

by Steven Loeb, April 30, 2013 | Comments

Search platform combines Web and social results to give a complete search experience

For a long time, when we thought of search it was Google and its list of websites that they were giving us for information. More recently a new type of search has been gaining steam: one that will give you results based on social media, like Facebook's Graph Search. But what if those two types of search could be combined? ...

Path reaches 10 million users and counting

by Steven Loeb, April 29, 2013 | Comments

Path has added seven million users in less than a year, adding one million more a month

Path, the social network built around exclusivity, might not be in the big leagues yet, but it is getting there, passing an important milestone Monday. Path has reached 10 million users, it was revealed in a tweet put out by the company: — Path (@path) April 29, 2013 Dave Morin, the company's founder and CEO, also tweeted the news. — ...

Madison Color gets $4M for personal hair-care delivery

by Steven Loeb, April 29, 2013 | Comments

Former Maveron VC Amy Errett tackles the hair care business with online subscription service

(Updated to reflect comment from Madison Color) Subscription commerce is a space that is heating up very quickly. There startups for virtually anything you can imagine, from shoes, clothes, craft kits, and educational kid’s toys, to makeup, snacks, tampons, green living, condoms, and sex toys. Things you are either too embarrassed, or too lazy, to go to the store to get yourself. I know plenty ...

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