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In the aftermath of Path's well-publicized privacy issues, many people began looking at how other applications were using address book data. The goal was of course two-fold. On the one hand, researchers wanted to be able to determine which apps were taking data unprompted. On the other hand, some researchers jumped the gun and made false accusations to get their name out there. Normally, blogs would investigate the matter on their own and verify the results. This did not happen.
Back in August of last year, Google was under attack. Some of their main rivals — namely, Apple and Microsoft — had teamed up to secure the Nortel patents, which Google was also vying for in order to protect Android. Google SVP and Chief Legal Officer David Drummond decided to take the fight public.
Today, word leaked out that the BBC has issued new guidelines on how their writers should be conducting themselves on Twitter. While guidelines like these are nothing new, the restrictions they place on reporters are noteworthy for such a large organization. In fact, the guidelines seem to contradict the very purpose of a news organization: writing about and breaking news. Specifically, BBC staffers are no longer allowed to break news via Twitter.
Groupon has released its numbers ahead of its first ever quarterly earnings call and as expected, they're not terrible. The company earned had revenue of $506.5 million, a 194% increase over last year. Doubling its revenue is impressive but it shows slowing growth--this quarter last year Groupon had grown revenue by 400%. A chief concern of analysts and investors is whether Groupon can continue its lightspeed growth for long enough to justify its lofty valuation.
Ross Dargahi is horrible at making predictions about other people's companies. He once bet me dinner anywhere in the world that Facebook wouldn't be worth more than $30 million. Out of kindness, I haven't collected.
Bemoan the disappearing Chinese wall all you want--editorial and sales are cozier than ever. The blurred line between commerce and content is apparent in early successes of editorial-like commerce companies like Fab.com. It's also apparent in the increasing willingness of media companies from the New York Times to "stuff porn" blogs like Daily Candy to turn themselves into vendors. Group Commerce, a white label startup that powers such deal services, is here to facilitate the shift.
The Elevation Dock starts out as something simple: an iPhone dock. Unlike most accessories though, this one has quite the story behind it. Not only is it expertly crafted, but it is also a record-breaking product -- record-breaking before it has even shipped. That is because the Elevation Dock is set to break the all-time Kickstarter fundraising record.
Fab's insanely rapid ascension to popularity is fast even for these heady days of social commerce. It took Gilt two years to get to one million users, ditto One King's Lane. Fab got to two million users in just seven months, adding 450,000 people in just the last thirty days. The site expects to do more than $100 million in revenues this year.
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