Archive for June, 2012
Jun
29
2012
Gadget Lab Show: Android Jelly Bean, Nexus 7 and Nexus QPosted by: wiredtechbiz in Wired Tech BizThis week on the Gadget Lab Show, the gang takes a look at the spoils of this year’s Google I/O conference: Android 4.1 Jelly Bean, the Nexus 7 tablet, and the Nexus Q.
Jun
29
2012
Judge Threatens New Sanctions Against Would-Be Facebook OwnerPosted by: wiredtechbiz in Wired Tech BizLikening his legal tactics to a “fishing expedition,” a federal judge is threatening to impose more monetary sanctions against a Buffalo man who claims in a lawsuit that he owns half of Facebook.
Jun
29
2012
Ford Warns of Big International Losses: CEO “Very Concerned” About EuropePosted by: yahootechticker in Yahoo Tech TickerFord (F) shares stumbled Friday after the automaker warned losses in its international division could be three times greater than the $190 million first-quarter loss. Pre-tax losses could hit $570 million in the just-concluded second quarter, the company disclosed in an SEC filing, released after CFO Robert Shanks told The NY Times “overall company profits [...]
Jun
29
2012
Facebook Insider Tells All In “The Boy Kings”Posted by: yahootechticker in Yahoo Tech TickerFollow The Daily Ticker on Facebook! Facebook is arguably one of the biggest stories of our generation: it has forever changed how people communicate with each other and is reaching new users at record speeds. The latest frenzy surrounding the social media company is a new book entitled The Boy Kings: A Journey into the [...]
Jun
29
2012
First Half Ends with a Flourish: Stocks Surge on New Hope for EuropePosted by: yahootechticker in Yahoo Tech TickerNineteen looks like a lucky number in Europe. The EU Summit — the 19th such confab since the debt crisis began — is resulting in progress on two major issues: long-term fiscal unity and short-term relief for Spain and Italy. “We affirm our strong commitment to do what is necessary to ensure the financial stability [...] Google’s new Android 4.1 “Jelly Bean” drops support for Adobe’s Mobile Flash Player. Worse for Flash fans Adobe plans to pull Flash from the Google Play Store later this summer. If you want the latest and greatest in Android and Flash you’ve got until August 15.
Jun
29
2012
JPMorgan: Has It Learned Anything From Its Billion-Dollar Trading Loss?Posted by: yahootechticker in Yahoo Tech TickerJPMorgan Chase (JPM) has lost billions of dollars from its so-called “London Whale” trades — a fact no one disputes. Exactly how much the sour trades will cost JPMorgan remains unknown. Nearly two months after the bank revealed that a massive trade went sour in its Chief Investment Office — the very division that was [...]
Jun
29
2012
Happy Birthday, iPhone! What’s It Feel Like Being 5?Posted by: wiredtechbiz in Wired Tech BizThe first iPhone went on sale to the public on June 29, 2007. It seems like it’s been with us forever, but the handset that changed the entire smartphone space is only just five years old today. Here’s a look at our favorite moments in iPhone history.
Jun
29
2012
Why This EU Summit Has Been A Watershed Moment For EuropePosted by: yahootechticker in Yahoo Tech TickerProvided by Business Insider’s Simone Foxman: Markets are soaring after European leaders decided to use European bailout funds to directly recapitalize troubled banks. They also enacted two smaller measures—an important alteration to the Spanish bank bailout that will encourage investors not to be scared of it and €120 billion in funds devoted to growth. Regardless [...] Earlier this week ReadWriteWeb reported on a study into the 29 North American accelerator programmes by Aziz Gilani, a director at DFJ Mercury, one of our sister funds in the DFJ network. They found that 14 of those programmes hadn’t produced a single graduate that went on to raise venture funding. There are a number of problems with this statistic, probably the most important of which is that raising venture capital is not the only measure of success, but it is still indicative of something I have felt for some time – that there are many startup accelerators which offer a bad deal to their companies. To be clear, I think the best accelerators offer tremendous value, Paul Graham and Y Combinator have practically re-invented very early stage financing and here in Europe Springboard, Seedcamp, StartupBootcamp and maybe now Wayra are doing a great job (let me know in the comments if I’ve missed any) – but there is only space for so many accelerators. There are two finite resources which limit the number of quality accelerators the market can bear:
Accelerator programmes can only help companies accelerate if they provide good guidance and/or access to investors yet there aren’t many people like Paul Graham with the experience, coaching skills and networks required to really help startups. Access to mentors is even more problematic – I know that the folk here at DFJ Esprit have to turn down more opportunities to mentor than they can say yes to, and I’m sure the same is true for other mentors in the startup ecosystem. We choose to mentor at the programmes with the best companies and I’m left wondering what life is like for startups at the other programmes. The ReadWriteWeb article advises that for first time entrepreneurs participating in a top programme is a no-brainer, always assuming they can get in. For the second tier they say the following:
I think their advice is on the money.
Jun
28
2012
Google Wins the War for Developers (This Week)Posted by: wiredtechbiz in Wired Tech BizThe circus of fun at Google I/O — skydivers wearing Google Glass, tons of fancy swag, free food and booze — isn’t meant for all the big company representatives, the eager students, or the press. All that impressive fun serves one primary purpose: To excite and entice software developers, the foot soldiers in Google’s platform … This self-proposed Apple junkie is at it again. This week I’m looking at the Seidio Expert case for the iPad. |