Baidu To Share Revenue With Apple On China IPhone Deal
Baidu Inc. (BIDU) said Apple Inc. (AAPL) will be entitled to a share of advertising sales after the Chinese company’s search-engine was added as part of a software upgrade for iPhones in China.
The revenue-sharing agreement with Apple follows similar accords between Baidu and manufacturers of handsets that use Google Inc. (GOOG)’s Android operating system, Wang Jing, vice president at Beijing-based Baidu, said in a phone interview today. He declined to disclose the commercial terms.
YouTube Star Managers The Collective Buy Web Video Pioneer Metacafe
Metacafe was a Web video pioneer that fell behind YouTube and never caught up. And now it has a new, slightly unconventional home: Hollywood management agencyThe Collective is buying the video site.
I don’t have deal terms, and don’t know what will happen to Metacafe’s site and staff. But I have confirmed that the transaction has been essentially completed.
Ad-Tech Companies Seize Rivals as Winners and Losers Emerge
The advertising-technology field is shaking out, as failed start-ups merge with more-successful peers, nonadvertising companies snap up industry players, and venture capitalists show less interest in new investments.
Ad-tech companies help advertisers buy ads efficiently across millions of websites, and aid websites in selling space on their pages that are reserved for ads. Overall, the industry is booming. Revenue generated by graphical, interactive and video ads—a category called display—is expected to reach $15.4 billion this year in the U.S., up 24% from $12.4 billion in 2011, according to research firm eMarketer Inc.
Microsoft details the People app, its cloud-connected address book for Windows 8
If you’ve yet to try the Release Preview of Windows 8 for yourself, fear not, because along with our detailed impressions, Microsoft is catering to your trepidation with a series of blog entries on its MSDN site that explore the nitty-gritty details of its latest OS. In the latest installment, we’re given an in-depth preview of the People app, a cloud-connected address book that promises to be one of the many centerpieces in the Metro environment. For starters, Windows Phone users are bound to feel right at home, as the address book relies on cloud services to populate the entries from sources such as Facebook, Google, LinkedIn, Microsoft and Twitter. Not only does this ensure that one’s address book is always accessible and up-to-date — friend removals come to mind — it also brings quick access to social feeds via the “What’s new” section and lets you keep tabs on specific contacts via live tiles on the home screen.
Mobile Game Fight Goes Global
A turf war is breaking out in the videogame industry and, for once, it has nothing to do with Nintendo, Microsoft and Sony.
This fight is taking place on smartphones with names like Gree Inc. 3632.TO -0.94% and DeNA Co. 2432.TO +1.31% —a pair of Japanese firms little known in the rest of the world despite being the two most profitable companies in mobile games—taking on Zynga Inc. ZNGA +2.28% and potentially Apple Inc. AAPL -0.10% and Google Inc. GOOG +0.12%
‘State-sponsored attackers’ using IE zero-day to hijack GMail accounts
Microsoft’s advisory speaks of “active attacks” and follows a separate note from Google that references the IE flaw “being actively exploited in the wild for targeted attacks.”
Nokia To Cut 10,000 Jobs As Elop Tries To Stanch Losses
Nokia Oyj (NOK1V) reduced its earnings forecast for the second time this year and said it will cut as many as 10,000 more jobs and shut production and research sites in Chief Executive Officer Stephen Elop’s biggest overhaul.
The stock fell to the lowest since 1996, pushing Nokia’s market value below $10 billion. As part of the changes, sites in Finland, Germany and Canada will be closed and executives Niklas Savander, Mary McDowell and Jerri DeVard will leave, Espoo, Finland-based Nokia said today.
YC-Backed Kippt Launches Collaborative Bookmarking App To Become The GitHub For Links
Last fall, Finnish designers Jori Lallo and Karri Saarinen soft-launched a simple bookmarking tool called Kippt that aimed to give users a more elegant way to store their information on the Web. At the time, Kippt was just a side project, as Lallo was working with Pownce founder Leah Culver on Convore, the YC-backed message board app. Over time, the founders added a number of integrations and features and published an API to let users modify their extensions and build their own apps using Kippt’s tools.
Reeder 3.0 Review
In 2009, reading news on the iPhone was different. The App Store was only one year old; Twitter wasn’t the information network adopted by mass media and millions of users we interact with today; there was no iPad, no universal apps, and no Flipboard. In 2009, reading news on an iPhone meant having to choose between few decent Google Reader clients, some Twitter apps, and lots of “mobile optimized” web apps.
Tandem raises $32M for second mobile accelerator fund
Tandem, a mobile start-up accelerator based in Burlingame, Calif., announced Thursday morning that it’s raised $32 million for its second fund.
The funds, which have already been put to work in nine start-ups, will be used as follow-on capital as well as new financing for additional start-ups added to the portfolio. Applications are being accepted now until July 1. If you’re a mobile start-up, with a technical team member that has a product already in alpha or beta, you should sign up at Tandem here. Tandem is only looking for start-ups with a technical team member who’s at least built a prototype.