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Can Snapchat Make Money?

Can Snapchat Make Money?

Snapchat has grown by leaps and bounds. Now, it is estimated that more than 77 percent of college students use Snapchat at least once a day. Of college students polled, 45 percent say they would open a snap from a brand they didn’t know and 73 percent said they would open a snap from a brand they were familiar with. This data suggests that advertising via snaps is a viable route for the future, similar to Twitter’s current model. Brands could buy snaps and send short videos or animations to different demographics in the vast Snapchat network. The Snapchat terms and...
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Facebook Acquires Texting Platform WhatsApp for $19 Billion

Facebook Acquires Texting Platform Whats...

Facebook announced last night it will be acquiring the mobile texting platform WhatsApp for $19 billion— broken down into a $4 billion up-front cash payment, $12 billion in stock, and an additional $3 billion of stock paid out to employees and founders vested over four years. Though WhatsApp has developed a dedicated following of roughly 450 million worldwide users, and has already monetized its platform by instituting a $1 annual subscription charge, the acquisition is newsworthy mostly because of the enormous price tag (Facebook’s largest acquisition by far)....
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@N Twitter Extortion Attack: GoDaddy Admits Hacker’s Social Engineering Led It To Grant Account Access

@N Twitter Extortion Attack: GoDaddy Adm...

There’s been a recent story circling the web regarding an extortion scheme engineered by a hacker against the owner of a highly sought after Twitter hande @N; a Twitter handle that has gotten its owner, Naoki Hiroshima, offerings of as much as $50,000. Hiroshima originally wrote a post on Medium that described the attack in great detail, leading to the eventual conclusion that a hacker had extorted him for control of the handle by taking control of his GoDaddy account. The hacker claims to have accomplished this via social engineering on phone calls to PayPal to...
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Petnet Raises $1.125 Million to Make Smart Pet Food Dispenser

Petnet Raises $1.125 Million to Make Sma...

Here’s one interesting take on the Internet of Things: A Los Angeles based startup known as Petnet recently received a $1.125 million seed investment from a conglomerate of investors, including Grishin Robotics, Kima Ventures, SparkLabs Global Ventures, and Launch Capital, to commercialize its first product, the Smartfeeder. As a “smart” pet food dispenser, this is not a new invention. For example, the Petmate Le Bistro Portion-Control Automatic Pet Feeder releases food according to a timer. However, the SmartFeeder goes a lot further, featuring...
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Healthcare Tech: Google Announces Glucose Sensor Contact Lens Prototype

Healthcare Tech: Google Announces Glucos...

Google announced Thursday that it has designed a glucose sensor contact lens that is in a prototype stage. The contact lens will assist diabetics in monitoring and managing their blood sugar levels. I have no connection with the project but sourced some additional information from public sources online (like everything on this blog, the below does not represent the views of Google!) The lens, designed by the Google X lab, measures glucose levels in tears continuously, using a wireless chip and a miniaturized glucose sensor, making testing blood sugar levels far less...
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Tech Trends to Watch in 2014 (continued)

More trends I’m looking out for this year (continued from http://philippedaumanjr.net/tech-trends-to-watch-in-2014) Home Automation (and the Internet of Things) The Internet of Things is another concept that folks have been talking about for a while, but previous initiatives like Buglabs or Android@Home haven’t seemed to take off yet. Still, I think home automation will be the first area where this field starts to see some depth, and the $3.2 billion Nest acquisition certainly kicked off the year with a bang in this respect. Other large projects such...
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Tech Trends to Watch in 2014

Like every year in these modern times, 2013 was a big year in technology. The discovery of the Higg’s boson was confirmed by CERN, a new generation of TVs and gaming consoles was released, bitcoin went mainstream, and the biggest threat to the security of US internet companies turned out to be the State—but not the one everyone thought the year before. As we settle into 2014, here are some trends to watch: Wearables Everyone is talking about this one, fueled by Google Glass and rumors of an iWatch. In a way, it’s already here, with “explorers”...
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Hello world

I’ve never successfully maintained a blog because of the pressure of having to regularly write something “good enough” to publish. On the other hand, I love tweeting interesting startup/technology tidbits that catch my eye, but sometimes 140 characters isn’t really enough. So I’m starting this as an experiment in being able to post longer items, but keeping my quality bar to twitter-level to avoid “blogger’s block.” We’ll see how it goes!