Archive for February, 2008
Posted by: in Business News
Filed under: Business, Developer, Web services, Yahoo!, Social Software, web 2.0
Everyone adores Flickr, right? Love Flickr or not, they’ve some sharp minds working hard to bring you a (mostly) rock solid web application. Adding features to an application with such an enormous userbase can be tricky. At Future of Web Apps 2008, Flickr’s Cal Henderson is presenting on “The Application of New Features to an Established Application.” Enjoy it live, or come back to it later.
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Posted by: in Business News
Filed under: Business, Design, Developer, Web services, Social Software
Leah Culver founded Pownce with her friends Kevin Rose and Daniel Burka. Pownce is a “social messaging” service which grants you to share updates, files, links and more with your friends, and (now) provides a robust API to work with your data. Here are the rough cut of our notes from her presentation at FOWA 2008.
Continue reading From FOWA : Leah Culver of Pownce, The Future of Web Services
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Posted by: in Business News
Filed under: Business, Developer, Blogging
Couldn’t make it to Future of Web Apps in Miami? No problem, we’ve got you covered. Wordpress.com’s Matt Mullenweg just left the stage after dropping mad science on what it takes to scale a major league web application.
There’s no way we could summarize everything Matt stated on the how and why behind scaling Wordpress.com but, here are a few (rough) notes:
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Posted by: admin in News
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Posted by: in Latest News
Filed under: Deals, Microsoft (MSFT), Yahoo! (YHOO)
 Yahoo, Inc. (NASDAQ: YHOO) sure does seem to have a massive head on its shoulders these days. After Microsoft Corp. (NASDAQ: MSFT) stated its intention to by Yahoo! almost a month ago, the shots started flying. At first, Yahoo! seemed to be considering the bid. Google, Inc. (NASDAQ: GOOG) started crying foul, claiming that this combination would limit world wide web innovation.
Yahoo! then rebuffed the offer from Microsoft, stating that the $44 billion offer was too low. For a company that’s ran a decent business in the last few years — but has been sideswiped by Google in every possible way — what did Yahoo! anticipate? A $75 billion buyout package? Rumor has it that current CEO and co-founder Jerry Yang loathed the idea of being part of Microsoft. Personal distaste, though, should never get in the way of what’s best for Yahoo!’s shareholders, right?
Yahoo! has looked a some partnerships in February that would keep it from Microsoft’s clutches, but is now stating that the software maker’s attempt to buy it is distracting its own workforce. Bull. Yahoo!’s workforce apparently is already highly distracted if it can’t seem to find a business model that would sustain innovation and profitable growth. Yahoo! states the bid is making it harder to hire and retain “key employees and hire new talent.”
Are you serious, Yahoo!? The company may be thinking too highly of itself, and if so, it needs to put its ego on the shelf and find a way to partner with somebody — anybody — to help it compete against Google. There is no way it can do this itself, as it’s been shown for years now. Until then, distractions from the Microsoft bid are the order of the day. Get used to it, Yahoo! — and don’t give a lame excuse of “distracting the company” while it happens. Shareholders know better.
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Posted by: in Business News
Filed under: Business, Security, Web services, Apple
 PayPal recently issued a warning regarding the Safari web browser. And it’s fairly dire: don’t use it unless you want to be a victim of online fraud.
Now that’s coming out swinging.
PayPal has left Safari out of its list of suggested browsers because it lacks two anti-phishing security features:
- Safari has no built-in phishing filter to warn users of suspicious sites
- Safari has no support for EV (Extended Validation) certificates, a secure web browsing technology that gives a visual cue in the browser when it visits a legitimate web site.
Until Safari updates its technology to incorporate these solutions, PayPal will advocate using IE7 and Opera, which are the only browsers that currently support EV certificates (the upcoming Firefox 3, along with its current beta, also add support for EV certificates).
So is the Safari browser really less secure because of these missing features? In our mind, it seems that phishing filters and EV certificates are secure only insofar as people are cognizant of the technology. Some studies show (download PDF) that EV certificates aren’t effective unless someone is specifically trained to notice the green address-bar notification. And how many times do you think some unwitting personal user has clicked through a warning of a possible phishing attempt?
In the tech support world, there’s a funny phrase where the support problem is described as a problem “between the chair and the personal.” The question is, is the phishing technology in place in IE7 (and others) effective enough to keep us from doing something stupid?
You make the call.
[via Yahoo! News]
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Posted by: in Business News
Filed under: Business, Web services
 Nobody really noticed when a group of eBay sellers decided to boycott eBay in protest of eBay’s new fees and feedback policies. Not even the numbers seemed to notice, with hardly a hiccup in the volume of daily listings on eBay.
Rather than admit defeat, the same eBay sellers have decided to extend their boycott. Originally scheduled to end February 25th, the boycott will now continue to March 9th.
After all, boycotts work, right? Sure they do.
Like spray-on hair.
Like putting the Windows Vista logo on those “Vista Capable” machines.
eBay has yet to respond in any official capacity regarding the boycott, and it’s hard to imagine it ever will. The bottom line is that eBay remains the dominant online auction space, and with no real competitors in the same space, it can do whatever it darn well pleases.
[via AppScout]
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Posted by: admin in News
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Posted by: in Latest News
Filed under: Before the bell, Earnings reports, Analyst reports, Deals, Rumors, Google (GOOG), Microsoft (MSFT), Yahoo! (YHOO), Apple Inc (AAPL), Ford Motor (F), Hansen Natural (HANS), Viacom (VIA), JPMorgan Chase (JPM), Gap Inc (GPS), Kohl’s Corp (KSS)
- Gap Inc. (NYSE: GPS) is expected to report earnings of 33 cents a share in the fourth quarter.
- Kohl’s Corp. (NYSE: KSS) is expected to report earnings of $1.34 a share in the fourth-quarter .
- Hansen Natural Corp. (NASDAQ: HANS) is expected to report earnings of 39 cents a share in the fourth-quarter.
- Viacom Inc. (NYSE: VIA) is expected to report earnings of 83 cents a share in the fourth-quarter.
Ford Motor Co (NYSE: F) aims to return to profitability in its core operations by 2009, meaning that Ford Executive Chairman Bill Ford Jr. could be compensated for his work in 2008 and future years after foregoing salary and bonus payments since 2005.
Google Inc. (NASDAQ: GOOG), internet search leader, is now aiming to become the go-to place for creating Web sites too as it keeps on adding functionality to the array of Office-like products it is offering. This day the company will debut a free service designed for those looking for a simple way to share information with other people working in the same company or attending the same class in school. Still, both Oppenheimer and Stifel Nicolaus cut their target prices on GOOG, from $715 to $600 and from $675 to $610 respectively.
Meanwhile, TechCrunch blogs on rumors regarding Google and Microsoft-Yahoo! bid. TechCrunch sources say Google not only hired a veteran M&A expert from Credit Suisse the day after the Microsoft bid was made, but that Google might acquire just under 20% of Yahoo’s stock at an inflated price. These are rumors.
Staying on the subject, it appears, according to FORTUNE, that late Wednesday afternoon, Yahoo Inc. (NASDAQ: YHOO) has submitted a Securities and Exchange report that called Microsoft’s (NASDAQ: MSFT) attempt to purchase the company a “significant distraction for our management and employees.”
JPMorgan Chase & Co. (NYSE: JPM) had its earnings estimates cut by Goldman Sachs Group Inc. (to $3.30 from $3.44) and Merrill Lynch & Co. (to $3.83 from $4.07) on expectations of writedowns in the value of its home-equity loans.
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