Category: Tech news

After the nuclear disaster in Japan at the Fukushima reactors, the general public is understandably skittish about nuclear energy once again. But not Bill Gates. Speaking today at a Wired business conference in New York City, he is talking up the benefits of nuclear energy, particularly next-generation designs. The backlash, he thinks, is overblown. “If you compare it to the amount that coal has killed per kilowatt hour,” he points out, “it is way, way less.” When an accident does occur, however, its effects are much more visible. “Coal kills fewer people at one time, which is highly preferred by politicians,” he says.

Gates is putting his money where his mouth is. He is an investor in his friend Nathan Myrhvold’s nuclear reactor startup Terrapower, which is designing one such next-generation nuclear reactor which produces one thousandth as much radioactive waste. But he also has investments in “dozens” of other energy companies, from battery companies to solar to biofuels. “We should pursue them all,” he says. “The amount of IQ working on energy today and the tools they have to simulate compared to 20 years ago is night and day, but it is unpredictable whether we will get a breakthrough.”

Solar and wind power have great potential, but they are intermittent sources of power. That is why Gates is bullish on nuclear. Advances in energy are necessary for the economy in general to keep moving forward, he argues. Gates sees three main problems which need to be addressed: cost, security, and environmental impact: “Other than it is too expensive, you can get cut off at any time, or it can destroy the planet, it’s okay.”

Cost is the key challenge new energy sources must surmount. “We get sloppy” in the rich world, he says, because we can afford to pay extra for solar or wind power. But in order to make a real impact, the costs have to become competitive with current fossil-based energy. “In 80% of the world, energy will be bought where it is economic.” says Gates. “You have to help the rest of the world get energy at a reasonable price.”

WHat about distributed energy where every house generates their own and feeds it back into the grid? Gates thinks that is a “cute” idea, but “it’s not gonna happen.” Bigger power generation facilities, such as solar fields in the desert, are necessary. “If you are going for cuteness, go after the those things at the home. If you want to solve the energy problem go after the big things in the desert.”

Social networking is definitely no longer targeting just the young adult demographic – and Kima Ventures wants a piece of the larger social networking pie. Xavier Niel and Jérémie Berrebi’s seed fund has just announced a $150K investment in YellowBrck, a Foursquare-like social network for parents.

Ever heard of Dropship? It’s an open-source project that “enables arbitrary, anonymous transfers of files between Dropbox accounts.” Dropbox hopes you haven’t; they tried to squelch it this week, and even accidentally reported that it was subject to a DMCA takedown notice, with predictably futile results. I’m mostly sympathetic: I’m a huge fan of their service, Dropship was a clear violation of their terms, and for obvious reasons they don’t want to turn into an anonymous peer-to-peer file-sharing service. Unfortunately, they accidentally built a system which enabled just that.

How about Sony’s PlayStation Network? Of course you have. It was so thoroughly hacked this week that Sony had to shut it down indefinitely. Did you also know that Sony’s PS3 firmware is effectively wide open, because they made a hilariously stupid security mistake? Did you know that that’s probably how PSN got hacked, and that it raised the spectre of the hacker(s) taking over every connected PlayStation 3 in the world and turning them into by far the biggest botnet in history? That probably wasn’t what Sony had in mind, but they accidentally built a system which enabled just that.

How about the new Google Docs Android app? Came out this week, and it’s pretty great. Among its many features is the ability to take a picture of an image with text and have that text automatically OCRed and turned into a document. Can’t wait ’til they integrate Google Translate into that, too, and recapitulate last year’s hot app World Lens. But I bet book publishers are pretty unhappy. Not long ago, if you wanted to scan a book you had to actually build a scanner, or buy a copy and turn every page. Now would-be book pirates can just crowdsource 10 people to go to bookstores and take 20 pictures each, et voila: 400 scanned pages in Google Docs. Easier book piracy probably isn’t what Google had in mind, but they accidentally built a system which enables just that.

This was also the week that people who keep remotely controllable Internet-enabled camera/microphone/GPSes on them at all times expressed outraged surprise when they learned their privacy is at risk. The panopticon probably isn’t what the mobile industry had in mind, but they accidentally built a system which enables just that.

What do these all have in common? The unexpected results of connecting client devices to the cloud. (Yeah, I don’t really like the term either, but it’s better than the alternatives.) People talk about “moving to the cloud,” as if we haven’t already. The heavy lifting may happen on the server farms (when they’re up) but every connected computer, phone, and game console already serves as a computing cloud’s eye, ear, and tentacle.

Emergent properties. Unintended consequences. Get used to ‘em. My favourite Douglas Adams books are the Dirk Gently novels, in which the protagonist makes use of “the fundamental interconnectedness of all things” to solve crimes in hilariously unexpected ways. Now we’re literally building that interconnectedness into (nearly) all things. So we shouldn’t be too surprised to find ourselves moving into a Dirk Gently future, in which off-kilter left-field ricochet consequences happen at an ever-increasing rate. You can bet that those cited above are just the beginning — and that there’s a lot of money to be made in seeing them before they happen.

Photo credit: Aspex Design, Flickr

The Gillmor Gang — Kevin Marks, Danny Sullivan, JP Rangaswami, John Taschek, and Steve Gillmor — christened the new Gang studio with a surprise welcome to Kevin Marks. It turns out he’s joining salesforce.com on Monday, following JP (six months), JT (7 years), and me, who is celebrating my one year anniversary. Kevin has been a forceful champion of open standards at Apple, Technorati, Google, BT (Ribbit), the Gillmor Gang, and now salesforce.com. Before, and once the festivities were out of the way, we got back to Gang business, namely the continued aftermath of the phone location recording crisis.

With free lunch debunked, we tackled the Amazon outage and its impact on the Cloud. You can decide for yourselves, but the consensus is that such challenges will be remembered fondly as a validation of the moment, as with the Gmail outage of several years ago, when the Cloud passed from inflection point to basic services. The velocity of business in the iPad age, where CEOs can see deeply into their companies in realtime, demands a level of interactive services and an iterative feedback loop not possible with the previous generation of software. And that lead to a debate about iPhone video calls and what Danny is looking for in a flying car.

Editor’s note: Guest author Dave Chase spent the 90′s working at Microsoft in various senior marketing and general management roles, including founding Microsoft’s global healthcare unit that has grown to be Microsoft’s most significant vertical market. Prior to joining Microsoft, he was a senior consultant with Accenture’s Healthcare Practice working with a wide array of healthcare providers and systems. Dave has also been a successful investor and adviser to several early-stage companies. He can be found on Twitter as @chasedave or on LinkedIn.

The talent wars that were common back in the late 90?s appear to have returned whether it’s using LOLCats or cheeseburgers to recruit talent. While I love the creativity, when it comes down to making a decision to join a new company, the lumbering tech giants (Google, Microsoft, Amazon, Zynga, Facebook) which startups compete against for talent have one giant ace up their sleeve — great healthcare benefits.

When I left Microsoft 8 years ago, my wife expressed only one concern — losing health benefits. At the time, I told her that it’s just a matter of paying those costs directly. The reality has been that it’s been a significant hassle and cost that we’d rather not deal with.  The excitement of working with startups has outweighed that hassle, but even to this day it remains a burr in the saddle. Periodically, I will get an offer to join some company and her first question is “how are their health benefits?” Startups have repeatedly shown an ability to outmaneuver the behemoths we compete with but this is one area where the behemoths still have an edge.  It’s time to turn the tables with what I call Do-it-Yourself (DIY) Healthcare Reform.

While the behemoths stick to the old health payment model, which is a Gordian Knot designed by Rube Goldberg, there’s a better way. The big companies can stick with a model that has led to health costs increasing 274x in my lifetime (compared to 8x for all other consumer goods and services). What’s better is that startups are beginning to offer key parts of the solution.  There’s a Seattle startup called Qliance that is backed by Nick Hanauer (aQuantive founder, Second Avenue Partners), Rich Barton (Expedia/Zillow founder), Jeff Bezos and Michael Dell. (I am not an investor).  In the Bay Area, there’s a similar model – One Medical Group – that has been written up in the NY Times

Qliance and medical approaches like it recognize the budget-crushing impact of burdening the health equivalent of a car tune-up with insurance bureaucracy and profits. There’s a 40% “tax” that makes healthcare insurance unnecessarily expensive. Instead, in Qliance-like models, the health insurer gets disintermediated from day to day healthcare. It keeps insurance for what it does best—covering you for catastrophic items you hope never happen (major medical issues, house fire, car accident).

The Solution

There are steps an individual or companies can take today that can save a massive amount of money.  I will explain three items that may be new to you but are important to understand and take advantage of depending on the scope of coverage you want for yourself or your employees.

1. Direct Primary Care (DPC): A relatively new concept that is a derivation of Concierge Medicine but targeted at the mass market. They typically cover everything from day to day items (physicals, flu, etc.) to urgent care. Sometimes there are added charges for items such as an X-ray (Qliance now includes this in their pricing) or lab tests where they pass along direct costs. Because it’s completely outside of the insurance model (you pay a monthly retainer not unlike a health club that you can use as much or as little as you’d like), doctors are happy to be available by email and phone. In a typical insurance/fee-for-service model, they wouldn’t get compensated unless they see you in person so it’s understandable why they are reluctant to be available for their patients in this manner.
2. Health Savings Accounts (HSA): These allow pre-tax dollars to be put into an account that rolls over if they aren’t used. Funds in the account can be used to pay for qualified healthcare expenses. As pre-tax money, you are essentially getting a 20-30% discount depending on your tax bracket. The funds contributed to the account are not subject to federal income tax at the time of deposit. Unlike a flexible spending account (FSA), funds roll over and accumulate year to year if not spent. HSA funds may currently be used to pay for qualified medical expenses at any time without federal tax liability or penalty. More on them can be found at the federal government’s Web site and on Wikipedia.
3. Health Discount Card: Think of this as a Costco Card for health & wellness services. It’s NOT insurance. Your Costco Card doesn’t allow you to take Cheerios off their shelf and not pay for them. Rather, they have aggregated the buying power of individuals and small business to save their members money when they purchase something. With the card, you can access items often not covered by insurance from Dental to Vision to Alternative Care to Prescriptions at a significant pre-negotiated discount.

The following are examples of the range of coverage you can provide to your team. I would always recommend at least having a very high deductible insurance plan.

• Bare bones: At least offer a Health Discount Card even if you can’t cover the employee’s High Deductible Insurance Plan. Just be sure to communicate that it is not insurance as many will think it is. The Costco analogy helps people understand (i.e., you can’t walk out without paying for what’s in your cart, it just costs less).
• Good: Couple a High Deductible Plan with a Health Discount Card
• Better: Combine the “Good” with a HSA that you fund with pre-tax dollars. Employers such as Whole Foods have taken this approach and found their employees getting much savvier on spending “their” dollars. See the Wall Street Journal’s piece by Whole Foods CEO on how they do this. Even if you don’t fund the HSA, it’s great to offer one as a way for employees to extend their dollars.
• Best: Combine the “Better” with a Direct Primary Care membership. Prices vary widely but Qliance charges $69/month for a 40-49 year old, for example. Many find that combining these can actually cost less than conventional insurance. Some are going a step further and offering corporate wellness programs such as those offered by startups such as Lime-Ade.

My experience initially working as a management consultant to nearly 30 hospitals followed by founding Microsoft’s healthcare business has led me to the conclusion that it is virtually impossible to reform a fundamentally flawed model (i.e., the payment side of the equation). I outlined this in more detail in my Huffington Post piece entitled Health Insurance’s Bunker Buster. But taking giving employees new healthcare choices is one way startups can compete with larger companies in the talent wars.

Editor’s note: Guest author Gurbaksh Chahal has founded three startups and is currently CEO and founder of RadiumOne, an online ad network that aims to combine social and intent data to serve ads.

The business model of incentivized app downloads was recently dealt a death sentence by Apple.  Apple said incentivized app downloads were driving inaccurate rankings in the App Store, almost certainly because essentially paying consumers to download apps was a way of gaming a ranking system that used downloads as a key metric.  To be fair, there were many quality apps taking advantage of the loophole in the ranking system, but that era has ended. And so have the days of companies making money hand over fist in the incentivized downloads business, better known in the industry as Cost Per Install or CPI.

So how exactly did it work? Say you’re playing a game that offers you virtual currency; the game might ask you to download an advertised application in exchange for virtual credits within that game. You install the app and get your in-game currency. The app gets a new install and pays for that.  This quickly generates bursts of installs, immediately boosting an app’s ranking in the app store.

My feeling about this change in the App Store ranking—“Hooray!” I’m glad that Apple put a stake in the heart of this “quick buck” scheme. It’s going to force everyone in the mobile space to get back to making money the old school way—with real and targeted advertising.

The companies in the CPI business (TapJoy, Flurry, mdotm, w3i) were slowing this transition and this focus. And they all knew that CPI was a house of cards revenue stream that was not sustainable and wouldn’t be ignored by Apple indefinitely. Furthermore, CPI is a business model with constrained inventory. You can only monetize to the number of apps in the network. That’s always going to be a finite number and a small number when most app developers aren’t big enough to even afford CPI.

So what replaces CPI?  In my opinion—and granted I’m biased because I’ve founded three companies that serve online display advertising—mobile display ad solutions are the way of the future. Display offers a much greater growth potential than CPI because of near limitless inventory.  The IAB recently estimated that last year alone, advertisers spent more than $550 million on mobile advertising.  That pace is outstripping the growth of online display and CPI is no match.

Mobile advertising is a rapidly iterating field. In many ways this CPI ruckus is reminiscent of the early days of online display. Remember the days before IAB standards, when click fraud was rampant and there was a virtual cornucopia of monetization schemes offered by now defunct companies that were “gaming” the system?

The next chapter in mobile advertising, for the companies able to keep up with the pace of change, will be better ad solutions for app developers, advertisers and consumers.  Just consider this: Over 25% of current mobile landing pages go to the App Store.  Display can drive App Store rankings.  Think about what the seer of Internet advertising, Kleiner Perkins’ Mary Meeker noted in her Top Mobile Internet Trends report:

1. Mobile display is hitting a critical mass faster than the desktop Internet did
2. Powerful shift to ad and virtual good monetization from initial pay per download models
3. About 60% of time spent on smartphones is new activity for mobile users – activities such as games, social networking, maps, utilities.

So let’s say farewell and good riddance to mobile CPI and find better advertising models that actually give consumers something they want.

I’ve been in Las Vegas for most of the month and so have been out of the loop on some of the major stories rocking the world of technology and media. Stories like the startling news that, having made a sack-load of money from the sale of TechCrunch to AOL, Mike is going to begin investing in start-ups again.

Like most jealous little fucks with a WordPress login uncompromising guardians of media impartiality, I was shocked – shocked – at the news, but unlike most of those guardians, I was reassured by the honesty of his disclosure. I also laughed at HuffPost’s official statement that – well – Mike is special and that everyone should stop whining.

“Michael Arrington operates from a unique position. He was an investor in technology companies and start-ups before he started TechCrunch, and his extensive knowledge of, and involvement with Silicon Valley is one of the very things that has made TechCrunch a must-read site. TechCrunch is committed to transparency.”

Indeed we are. And so, prompted by Mike’s ethical pivot, I’ve decided it’s time to update my own code of conduct, the previous version of which can be found here. After all, in the two years since I last updated the document, I’ve quit drinking, received another book advance and – yeah – made some cash from my own TechCrunch shares. The drinking thing alone has left me with more spare cash that I know what to do with.

Here then, for the record, are the relevant changes to my core ethics now that I am sickeningly rich…

“Principle One: I am a whore.”

In the previous version of my ethics statement, I explained that the quality of my work is directly related to how much I’m paid….

“Look at the cover of my book. See the word Whore? It’s in red. That’s because I am a whore; a hussy; a slut-for-hire; a man of scarlet letters. I write newspaper columns because people pay me to do so. I write books for the same reason. The more I get paid, the better I write…”

…Now that I am dripping with wealth, that is no longer the case. Henceforth, the quality of my work will be related only to whether I can be bothered to get out of bed in the morning. (Today was a sleepy day)

“Principle Four: What are friends for?”

Previously, I made clear that I would generally write mean things about my enemies and nice things about my friends…

“If you’re my friend I will write nice things about you; if you’re not I probably won’t.”

…Now that I have more money than I know what to do with, however, I no longer feel any loyalty towards my friends; I can always buy new ones. As for my enemies – I don’t need to write about them to get revenge; I can simply pay to have them killed.

In terms of my day-to-day interactions with PR professionals, I previously adopted a non-discrimination policy….

“When trying to hook up with your PR girl at your party, how attractive she is will play almost no part in my decision making. That would smack of discrimination.”

…That policy is no longer in operation.

“Bribery: If you buy me a Happy Meal as a bribe, I will refuse to accept the free toy. See also, Kinder Surprise eggs.”

A couple of simple text changes to the above. For “Kinder Surprise eggs”, now read “Fabergé Eggs”. For “Happy Meal”, read “Happy Ending”.

And finally, an all important note on stocks. In the previous iteration of my ethics statement, I made clear that I try to avoid owning stocks as all of my investments very quickly turn to shit. This is still the case, except now I deliberately invest my vast wealth in things specifically in the hope that my involvement will lead to their downfall.

Recent investments include $5,000 for 60% of ZDNet’s Tom Foremski’s sense of proportion and a little over $3.50 for a controlling stake in the editorial integrity Forbes.com. Both investments are performing nicely.

WARNING: mixed sports metaphors ahead.

How many do-overs does a startup get before users give up on it for good? As far as I can remember, the answer is zero. I can’t think of an example where a startup launched into the wild, flailed badly, and recovered (without completely abandoning the first product). There are lots of examples of flailing and relaunching (see Cuil, see Joost), but I can’t think of anyone that managed to pull out a win.

By my count Color, the $41 million startup that promises to “transform the way people communicate with each other,” has already struck out.

The first strike was a launch that left users confused, sharing photos with themselves and trying to figure out a user interface that seemed purposely designed to frustrate. We gave them another chance.

Strike two: pulling the Android version of the app from the market.

And strike three: engaging in a big PR partnership with The Telegraph in the UK to get people all over the UK to post pictures during the royal wedding. Just 500 photos were posted, which isn’t much more than MG Siegler and friends managed to post during a bachelor party/iPhone fest in Mexico a few weeks ago. And The Telegraph promised that the best photos would be published. Here are those “best” photos.

This third strike was particularly egregious. The color team knows that people are confused about what the app is supposed to do. It’s not supposed to be just another photo sharing app. It’s about the future of social networks. I’m fully on board with the social network stuff, and have been waiting for it since 2008.

So why in the world would Color, with a hamstrung app and a confused marketplace, pull a major PR stunt that’s all about showing off Color as exactly what the company doesn’t want Color to be thought of (another photo sharing app)?

You got me. If anyone gets it, let me know.

I want Color to succeed. I don’t hold their funding against them in any way. I love that they’re trying to solve a really big problem. And I like that the team is successful but still hungry.

But Color shouldn’t have launched when they did. They knew the app was seriously flawed, and they should have known that they probably wouldn’t get another chance at a first impression. And with all the negativity, the last thing they should have done was push the app as is to tens of millions of people in the UK. Those masses have far less patience for the quirks of unfinished software than people like us do.

The team here at TechCrunch will give Color all the mulligans it wants to get things right. They can swing and miss all day and we’ll still be here in the stands, rooting them on. But eventually the crowds, tired of boo’ing, will go home. And the stadium lights will go out. And then, even if Color hits one out of the park, we’re not sure there’ll be anyone around to see it.

I say to Color, “SWING for the fences!” Just don’t keep swinging with your eyes squeezed shut.

Twitter recently upped its rates on Twitter Promoted Trends from $60K-$70K to between $100K-$120K which means the demand for the unique form of advertising is certainly there. But what are brands getting in return? As we’ve seen before with Skittles, Charlie Sheen, and even the #Dickbar, attempting to float a brand message over user generated Twitter content isn’t always a success.

Case in point … For the past few days the chatter around the #RoyalWedding has been plentiful, but not necessarily all positive.

Diet shake Slim Fast bought the #RoyalWedding Promoted Trends slot yesterday, and at some point had its brand message (and its inexplicable link to its Facebook page) associated with sundry undesirable content.

While granted it is sort of funny, the relevancy of tweets like “#RoyalWedding of the ass is my c*ck” to Slim Fast’s admittedly inane message should be a serious issue for a company trying to monetize UGC. Companies who spend money on advertising tend to avoid the above sorts of associations, with good reason.

What makes this specific instance of ad relevancy failure worse is that the #RoyalWedding hashtag is currently being highlighted on Twitter’s revamped homepage along with #STS134 and #NFLDraft — As things that presumably add value to new Twitter users. Right now all three are riddled with hashtag spam.

Twitter, which just hit 200 million users, is currently averaging about 500K new accounts a day. While this growth isn’t too shabby, it’s hard to picture the middle aged, middle American curious about Twitter landing on the above results and wanting to stick around for very long.

#RoyalWedding side note: Twitter did not have a whole server dedicated to Will & Kate today. That was a joke.

Last week President Obama spoke at Facebook, emphasizing during the townhall that the US needs to be bullish on Science and Math education if we are to pull out of the recession, “We want to start making Science cool. I want people to feel about the next big energy breakthrough and the next big Internet breakthrough the same way they felt about the moonwalk,” he said.

Taking off on that idea, Nancy Conrad, the wife of late astronaut Pete Conrad, has founded the Conrad Foundation in the memory of her husband. Peter was expelled from one school in the 11th grade because he had dyslexia and then went on to graduate from Princeton and walk on the moon because he was taken under the wing of another educator who saw promise in the young man.

Nancy Conrad wants to give other kids with a penchant for entrepreneurship their “moon shots,” or the opportunity to get funding and actualize their ideas; Because of this the Conrad Foundation puts on the Spirit of Innovation Awards and Innovation Summit annually, attempting to foster a love of innovation in kids between the ages of 13 and 18.

To attend the Innovation Summit, high schoolers across the country are invited to enter the three year old competition, which ends up flying in 27 finalists to NASA Ames to pitch their startups to judges in one of three categories: Aerospace Exploration, Clean Energy and Cyber Security. The winning team in each category receives a 5K grant to fund their project.

While building the “innovative workforce of the 21st century” is an ambitious goal, after attending the extremely professional finalist presentations today it’s obvious that spotlighting kids who have a passion for innovation and technology is a fundamental step in turning our education system around.

“There’s so many problems, we’re not running out of problems,” Conrad said emphasizing that you need to get kids excited about Science, Math and Technology in order build a viable workforce. “When you’ve got juiced kids who really want to do something, they don’t know there’s a box. And then all they do is think outside the box. This is where geeks turn into rockstars, and that’s the game changer. That’s where you can change the culture of students.”

Hmm … So maybe Intel was right?

This week, the U.S. Environmental Protection Agency issued Energy Star ratings for large vat commercial fryers. These appliances are used by high-volume dining establishments — like fast food chains, institutional cafeterias and full-service restaurants— to make french fries, hush puppies and anything else Paula Deen would promote, in bulk.

Encouraging the industry to upgrade to more energy-efficient fryers could help reduce the overall environmental (if not health) impact of kitchens in the U.S. catering to the collective appetite for fried foods, an appetite that seems pervasive, and permanent here. One Texan cook, Mark Zable, has even invented a method to make deep-fried beer.

According to a press statement and calculations by the EPA:

” If every large vat fryer in the [country] met the new Energy Star requirements, energy cost savings would increase approximately $81 million per year and reduce annual greenhouse gas emissions equivalent to the emissions from nearly 95,000 cars.”

The lifetime costs and footprint of commercial frying goes beyond the electricity and gas that it takes to run kitchen equipment, of course. Certain vegetable oils are more sustainable than others. Spent grease, and even vegetable oil, can become a pollutant unless disposed of properly.

Many food businesses are opting to give or sell their spent grease to biofuel producers, these days, thankfully.

Bon Appétit Management Company — which provides sustainable food in cafes at SF Giants stadium, eBay, Oracle, Google and college campuses including U-Penn, Duke and MIT — has been doing this for years, in collaboration with local biofuel companies like Kelley Green Biofuel for example.

This month (as Tilde Herrera reported for Greenbiz.com) U.S. Foodservice went so far as to acquire a “grease diesel” company, WVO Industries. The foodservice business will begin to power its truck fleets with their own spent cooking oil, allowing them to avoid the rising costs of gasoline here.

Ultimately, foods that are sautéed, boiled, toasted, roasted or prepared raw will prove better for the body and planet than deep-fried with rare — no pun intended — exception.

There is no official carbon footprint label for food here, but a sustainability blogger and small business owner in Germany, Peter Graf (not to be confused with Peter Graf, chief sustainability officer at SAP) has shared some rough calculations via his blog Ecofriendly-Company.com. He wrote:

“The path from potato to french fry takes 9 steps.The potatoes are…

1. Steamed and peeled,
2. Cut
3. Blanched
4. Dried
5. Par-fried
6. Cooled
7. Frozen
8. Transported
9. Stored frozen

Then, they’re fried in hot oil in the canteen and served. All this transforms a single kilo of potatoes (140g CO2) into a real climate-killer (5700g CO2).”

Photo courtesy Brandi Jordan (CC-2.0)

Square founder and CEO Jack Dorsey just tweeted a photo of the company’s internal dashboard, and, aside from looking very sexy, it’s boasting some impressive numbers. Among them: Square has shipped 341,688 of its card readers to date and has 332,483 activated users.

As Dorsey’s tweet points out, Square is also showing some very impressive growth: on March 2, Square was processing $1 million per day. Now, less than two months later, it’s doubled that, with $2 million in processed payments today alone (and there’s still some time left on the clock).

Other stats on the dashboard: Square’s total flow to date, which I believe means the total amount of transactions it’s done, is just shy of $137 million. Its revenue for today is $59,390,  a 40% increase since last Friday. It’s unclear what drove the huge gain over last week — perhaps Square’s availability in Apple retail stores is contributing to the growth spurt.

Update: More stats — it’s a little hard to read, but it looks like Square might have 23,630 ‘Card Payments’ (which might be the number of transactions today). It also looks like they had 9,078 active users today (again, it’s a little hard to make out). I’ve included an image that has gone through our special CSI:Enhance filter below.

If you’ve ever worked in retail or the food services industry, you’re probably familiar with the Point of Sale (POS) system. It’s the software/hardware combination that most people would probably call a cash register, though there’s more to it than that: inventory tracking, coupons, exchanges, and pretty much everything else is done using one of these POS systems. And they’re often a total pain, with myriad options and interfaces that sometimes harken back to the Windows 3.1 days.

Pose is one company (among many) that’s trying to fix the POS. And instead of relying on a new hardware device, they’re turning to one you already have: your web-connected computer. Everything on Pose is web-based, so you can easily set up a new terminal if one computer starts malfunctioning, and setup is obviously cheap because you probably don’t have anything to buy.

I spoke with CEO Guy Marcus earlier this week, who walked me through a demo of the product. As with other POS systems, you can enter products manually or using a USB barcode scanner. You can then flip into the cashier interface, where you can input what the customer is purchasing by tapping on photos or, again, using a USB scanner.

Pose isn’t available to the public quite yet (they’re aiming for a June release), but from what I saw it looked solid — they’re putting a lot of work into making the interface usable and attractive. It’s also optimized for both desktop and tablet use. Businesses will pay for the web-based software as a monthly subscription.

Pose isn’t the first company to have this idea — competitors include Erply,VendHQ, Cashier Live, and MerchantOS. But Marcus says that his company differs from the others because it also integrates marketing functionality — customers can opt to provide their email addresses to receive receipts and future correspondence from the business. Pose will also allow merchants to generate an online storefront (it uses the same inventory as your retail database) in a matter of minutes. Merchants are still responsible for actually shipping these goods, though.

I also asked if Marcus saw Square —which has an iPad app that can be used to tally up a customer’s purchases — as a competitor. He says that he doesn’t think Square will be offering a deep inventory management system any time soon, and that he sees the payments company as more of a potential partner.

Pose’s four-person team is based in Israel. The company has raised $300K.

Disclosure: Roi Carthy, who sometimes submits articles from Israel, has invested in Pose through his VC fund. Roi isn’t a TechCrunch employee.

Well, the Royal Wedding is over. Wasn’t that wonderful? If you weren’t watching on TV, there were about a million ways to participate online. Millions watched on YouTube, Livestream and elsewhere. And even those who were there uploaded their own photos and videos, including this guy.  I’ll call him the masked Union Jack freak. Is that some sort of S&M suit he’s wearing? It doesn’t seem proper juxtaposed with the royal newlyweds.

You can find pictures of him on a special Color Royal Wedding Album created by people using the iPhone social camera app and sponsored by the British paper, The Telegraph. You remember Color, the $41 million photo app that created a huge backlash in the press and some confusion among consumers about exactly how to use the app.

Yeah, well, even with the Telegraph pushing the app as some sort of crowd-sourced photo collage, only about 560 photos were uploaded to the album, and none of them are terribly interesting. But I guess you had to be there.

“Online Services Division revenue grew 14% year-over-year primarily driven by increases in search revenue.”

That was Microsoft’s statement about the Online Services Division in their earnings release yesterday. Growth! Yippee! The strategy is working! Right?

Wrong.

What they don’t bother to mention in the release, but they can’t hide in the actual numbers, is just how bad the quarter actually was for the division. While revenue may have grown a bit year over year, income — as in the money you actually get to keep — was an entirely different story. It was a bloodbath, really. Yes, again.

Microsoft lost $726 million in the Online Services Division for the quarter. It was actually their worst quarter in two years in that regard. And it was their second worst ever, as Business Insider points out in their nifty chart perfect for showing such bloodbaths.

And despite the year over year revenue growth, the income was actually down year over year. As in, they managed to lose more money despite bringing in more. As in, the statement up top is total misdirection bullshit.

And how’s this for a kick in the pants: if Microsoft had just scrapped their Online Services Division for the quarter, they likely would have beaten Apple in terms of profits once again. Instead, they’re over $700 million behind — behind, mind you, for the first time in a couple decades.

Of course, Microsoft can’t afford to scrap the Online Services Division (well, figuratively afford it, at least). Like every technology company, they know this is the key to the future. And that’s precisely why they’re dumping so much money into it.

But it that strategy actually working? Revenue is growing, but losses are mounting. Microsoft is having to spend $2 to make $1 — actually a bit worse than that ratio!

Last October, I wrote that Microsoft was running basically the worst Internet startup ever. This pissed a lot of people off, who thought the comparison was unfair. After all, Microsoft can afford to burn the money.

That’s true, the quarter overall was fairly good for them (though the stock took a nosedive today because it wasn’t good enough). But if the two pillars of their business, Windows and Office, start to slip (as just about everyone believes they will sooner or later as we move into an increasingly mobile world of computing), these Online Services losses are going to become a big, big problem. Fast.

Maybe Microsoft can figure it out before that happens. But there’s just absolutely no data pointing in that direction right now. And there hasn’t been in the past six years. In fact, the numbers are actually getting worse!

After a nightmare Q3 and Q4 in 2010 (fiscal, not the actual calendar quarters) with Online Services loses right around $700 million, it looked like Microsoft may be turning things around with loses of “only” around $550 million in Q1 and Q2 of 2011. But if you look at the bigger picture, you’ll see that those Q1 and Q2 loses were actually worse year over year. If you simply extrapolated that out, you should have been able to predict this quarter’s bloodbath as well.

In the past year, Microsoft has now lost a staggering $2.5 billion in the Online Services Division. Think about that for a second. When I wrote the October post, the loss runrate was “only” $2 billion. The situation is getting worse.

And so I ask, how long can this bloodbath last? When will it end? Or maybe more to the point: will it end? All the data we have right now points to a pretty definitive “no”.

[image: New Lines Cinemas]