Jeff Ma’s Keys To Success In Business: Blackjack And Sports

In terms of interesting backgrounds among people in the tech space, Jeff Ma has one of the most interesting. If you’ve read the book Bringing Down The House or seen the movie 21, the main character is based on Ma — yes, in the movie he’s a white guy, but still, that’s him. He was a member of MIT’s now famous blackjack team for seven years. From there, he went on to co-founder a sports startup, Citizen Sports, which Yahoo acquired this past March.

Ma is actually the only one of Citizen Sports 30-some employees that didn’t go over to Yahoo with the deal. Instead, he decided to take some time off to help promote his new book, The House Advantage: Playing the Odds to Win Big In Business. The book is an extension of talks Ma has given around the country relating risk-taking (or rather, calculated risk-taking) in both gambling and sports to advantageous moves in business.

Below, find a conversation I had with Ma on TechCrunch TV today. We talk about everything from blackjack, to the new Facebook movie (based on a book written by the same author who wrote Bringing Down The House, Ben Mezrich, whom Ma knows well), to Yahoo, to Ma’s own book, to where LeBron may be going.

You can find The House Advantage on Amazon here.


Help Key: Replacing the Apple TV


I’d been living under Apple TV hegemony for about two years I bought an early 40GB model, upgraded it to 80GB, and then hacked it. When hacked, the Apple TV is actually useful. Hacked it was, in short, one of the easiest ways to get video on my NAS or networked Macs to my TV. Unhacked it’s sort of like a really nice guy who works in insurance sales: you want to like him but he keeps trying to sell you stuff and he’s really boring.

Slowly but surely, however, the ATV hit its limit. I ran out of disk space and didn’t want to upgrade and XBMC was choking on larger files. The device itself was as hot as a griddle most of the time and I worried that at some point I’d have a bricked device on my hands. I went on a quest for a networked device to do two things: stream audio from multiple sources, including my library of MP3s, and to play video from a NAS drive over the network. If it could play Netflix that would be gravy. I put a number of devices to the test and have come up with a real winner.

Read more…


Twitter Explains What @EarlyBird Is: It’s All About Distributing Advertiser Deals

ReadWriteWeb had a solid scoop last week when it uncovered Twitter was set to go live with an account called @EarlyBird. Well, it has just gone live, with a tweet pointing to this page where the company explains what it’s all about.

Looks like Twitter is about to start offering users exclusive, time-bound deals, events and sneak peeks, for which it has partnered with a number of (yet unnamed) advertising partners.

Those advertisers will distribute offers via the @EarlyBird account, and they get to determine the terms of the offer, including availability, amount, and pricing. And you? You get to opt in to them.

If you want to get access to said exclusive deals, you need to of course follow the @EarlyBird account, although you may also see offers if someone you follow retweets a tweet from that account. Yes, that means exclusive deals are bound to get viral pretty quickly, which will be interesting to observe given that many of the offers distributed via the account will be time-sensitive of nature (otherwise it wouldn’t be called Early Bird, of course).

Twitter outlines that it has deals with select advertisers in place, but welcomes suggestions of a product/event sent by @reply to @earlybird. Nevertheless, since Twitter clearly looks at this like a significant potential revenue stream, they are keen on emphasizing that it will be selective about the type of deals they highlight.

Also worth noting: the company suggests that deals will come mostly at the beginning of the day (it’s safe to assume that they mean the start of the day throughout the United States, at least at first).

As for internationally available offers:

Will these deals be targeted toward Twitter’s many users outside the United States?

At first, many of the advertising partners will be large, international brands or focused on the U.S. market. As @earlybird grows beyond this first early phase, so will the deals in different places.

Finally, it’s worth pointing out that at the end of the list of questions presented on the introductory page, Twitter makes it clear that while it is kicking things off with US-wide offers, the company will explore location-based and even thematic (e.g. fashion or music) deals in the future. This could get pretty big, pretty quickly, in my opinion.

Now let’s see how many followers the @EarlyBird account gains in the next few days. At the time of publication, it had 833 followers.

For Twitter, this is far from the first or only attempt at generating revenue. It currently rents out access to its data ‘firehose’ to notable Web giants such as Yahoo, Google and Microsoft and is actively experimenting with Promoted Tweets and Trending topics.

For the record, Twitter has raised a staggering $160 million in funding to date, and we believe the valuation of the company to run up to $1 billion.

Do you think it’s worth that much?

Information provided by CrunchBase


Amazon’s Original Kindle Patent Could Spell Trouble For Competitors

A patent applied for by Amazon in 2006 has been made public today as a consequence of its being granted, and its language is rather more wide-ranging (and forward-thinking) than we might have expected. Depending on the interpretation, Amazon’s patent may be broad enough to justify a lawsuit over devices like the Nook and Alex, both of which sport a design clearly claimed by Amazon.

The relevant language in the patent starts off thus:

5. A handheld electronic device comprising: a first display for presenting visible representations of content, the first display comprising an electronic paper display; and a second display positioned alongside the first display, wherein the second display includes a plurality of graphic elements that correspond to portions of the first display, and wherein the second display is responsive to user input to one of the graphic elements to perform at least one action on content shown in a portion of the first display that corresponds to the one graphic element.

That alone would be be sufficient to give pause to the designers of similar devices — and unfortunately for them, it gets worse.

Continue reading…


TV Shack Flouts The Feds By Moving Video Piracy Site To Offshore Domain

Last week, the Feds shut down nine video sites for piracy and copyright violations. The enforcement was a combined effort by the Department of Justice, U.S. Immigration and Customs Enforcement, and a the National Intellectual Property Rights Coordination Center under the Department of Homeland Security. It is the new Intellectual Property Police, and they are fighting to save Hollywood.

The press release announcing the online raid included this choice quote from U.S. District Attorney Preet Bharara: “If your business model is movie piracy, your story will not have a happy ending.” The following domains were seized TVshack.net, Movies-Links.tv, FilesPump.com, Now-Movies.com, PlanetMoviez.com, ThePirateCity.org, ZML.com, NinjaVideo.net and NinjaThis.net.

Of course, it only took a few days for at least one of the sites to reappear at a different domain. TVshack.net, for instance, is now at TVshack.cc. There you can watch full streams of bootleg versions of The Twilight Saga:Eclipse (filmed in a theater with people standing up and casting shadows on the screen, see below), Toy Story 3, True Blood, and other movies and TV shows. The .cc domain is administered by the Cocos Islands, which is a territory of Australia. The company is based in Stockholm, Sweden. Another one of the shuttered sites has reappeared at www.watch-movies-tv.info, but it no longer offers streaming movies.

You get what you pay for with these sites. The video quality is predictably awful, and you have to endure pop-up ads for Russian mail-order brides blocking part of the screen. But some people don’t mind. We’ve been noticing spikes to our Crunchbase directory from people looking for info on TV Shack (our Crunchbase entry is the second result on Google). Who wants to guess how long the .cc domain will stay up?


Information provided by CrunchBase


AP Not Amused By The Woot Story, Tries To Play The Oil Spill Card

Oh those jokesters over at the AP — the fun never ends! Last night, we wrote a post noting that Woot was (humorously) calling out the AP for not following their own ridiculous rules when quoting from content. By Woot’s calculation, using the AP tool, the AP owes them $17.50 (but Woot was nice enough to offer them the chance to buy some headphones off of Woot instead). The AP didn’t like that story — neither our’s or Woot’s.

This morning, Paul Colford, the Director of Media Relations for the AP sent emails to both me and Woot CEO Matt Rutledge. Here’s what we got:

MG Siegler:

Surely you’ll also want your readers to know that The Associated Press INTERVIEWED Mr. Rutledge, as this version of the “newsy little thing” you cite makes clear: http://bit.ly/cl8JlX

Meanwhile, AP staffers across the Gulf region and in Washington continue to provide comprehensive coverage of the oil spill.

You’ll find highlights of that coverage here: http://www.ap.org/oil_spill/

Cheers,

Paul Colford

Did he really just pull out the oil spill card? Yes, he did.

A few minutes later, Rutledge got the same basic email, minus the oil spill coverage reference. The emphasis of both is that the AP actually interviewed Rutledge about the story. Sure enough, they did. Here’s the quote the AP used from that interview:

“I’m really excited,” he said.

Yep, that’s it. So that’s 24 words lifted from Rutledge’s post (which wasn’t linked to, by the way) and 3 words from the AP’s reporting.

So, if I’m interpreting this correctly, the AP’s stance is that it’s fine to lift excerpts from others’ work as long as you interview them — even if that interview only results in a three word quote and the quotes you’re lifting are much longer. Just to make sure, I emailed the AP about it:

so I’m confused, you’re allowed to quote all you want for free from a blog post if you do a phone interview with the person and quote three words from that interview? so if I do a phone interview with the AP, can I then copy and paste an entire AP story free of charge? serious question.

I didn’t get a response. But I did send it to Rutledge (remember, the interviewee here). Here’s what he wrote back, “I was just mulling over how to respond to similar confusing email here, but I think I like your response better.” A couple hours later I wrote a quick follow-up to the AP:

Hi Paul — Just following up. No statement here about this? Happy to hop on the phone.

About 20 seconds later Colford writes back:

Root of this non-”story” ($17.50 for quotes) is 2 yrs old, as AP noted again in 2009: http://bit.ly/9ehJGZ

Thanks.

Ouch. Someone is a little cranky. A few things here.

1) Interesting that Colford didn’t note that position at all in his original email. Instead, his position was that they were free to lift passages from Rutledge’s post because they “interviewed” him.

2) That AP release from 2009 completely disregards the fact that in 2008, the AP did in fact try to bully Drudge Retort into taking down excerpts from their stories that ranged in length from 39 to 79 words. After some big backlash, they quickly tried to back away from that, and their 2009 statement basically rewrites their position stating that they’re not going after bloggers for using excerpts from their stories (even though they clearly went after Drudge Retort).

3) Wouldn’t a “non-’story’” be a story? The quotes around story already indicate Colford’s belief that the Woot issue isn’t a story. So a non-non-story is a story.

Anyway, whatever. I’m a little confused by this whole thing. So is Rutledge. I think the AP is too. But I’m going to go with what I can only assume is their policy now. Since I technically “interviewed” Colford for this post, I’m going to copy an AP story below. I’ll go with an oil spill one since he was so quick to point those out. And sure, I only got a few words out of Colford, but since that doesn’t seem to matter, I’m just going to paste an entire AP story below. I like this new policy.

Jun. 24, 2010 5:47 AM ET

AP check: Shoddy disposal work mars oil cleanup

JAY REEVES, Associated Press Writer

ORANGE BEACH, Ala. (AP) — A leaky truck filled with oil-stained sand and absorbent boom soaked in crude pulls away from the beach, leaving tar balls in a public parking lot and a messy trail of sand and water on the main beach road. A few miles away, brown liquid drips out of a disposal bin filled with polluted sand.

BP PLC’s work to clean up the mess from the worst offshore oil spill in U.S. history already has generated more than 1,300 tons of solid waste, and companies it hired to dispose of the material say debris is being handled professionally and carefully.

A spot check of several container sites by The Associated Press, however, found that’s not always the case.

Along the northern Gulf coast, where miles of beaches have been coated with oil intermittently for two weeks, the check showed the handling and disposal of oily materials was haphazard at best.
A mound of oily sand sits in an uncovered waste container in a parking lot at the crown jewel of Alabama’s park system, Gulf State Park. Water from the previous night’s storm drips out of the bin into a brown pool on the asphalt.

In Pensacola, Fla., along the road through Gulf Islands National Seashore, trash bags from the debris removal hang over the side of big storage bins.

A waste collection area dotted with numerous bins full of spill debris stands in what seems like an odd spot: Smack in the middle of the tourist section in Gulf Shores, Ala., directly across the street from a seafood restaurant hungry for customers because of a lack of tourists.

Cleaning up a spill is an undeniably messy job, particularly when crude oil or tar balls are washing ashore in varying amounts in four states. The debris isn’t classified as hazardous waste, so it can be placed in landfills that accept ordinary household garbage, including table scraps.

Yet Jerry Kidd, doing maintenance work at a condominium, couldn’t believe it when he saw a Waste Management Inc. truck pull away from a collection site in Orange Beach piled with loose sand, oil-smeared protective gear and oily boom pulled out of the water. It was trailing pollution of its own.
The company says it is using 535 containers lined with what amount to huge black trash bags to collect debris from Mississippi, Alabama and part of the Florida Panhandle under a contract with BP. But not all of the bins really are lined, and liners have failed in others.
“They’re going down the road leading to the landfill; they take the same route every day. They’re leaking onto the roads, into the storm sewers,” said Kidd. “There’s no telling where it’s going.”

The Alabama Department of Public Health, which regulates the transportation of such wastes in the state, said it wasn’t aware of the problem until contacted by AP.

“This needs to be taken care of, and get these things sealed tight,” said Pres Allinder, director of environmental services for the department. “There’s no point in collecting this stuff if they’re just going to spread it around.”

Waste Management is taking solid wastes from the three states to landfills in Vernon, Ala.; Pass Christian, Miss.; and Campbellton, Fla. Spokesman Ken Haldin said the company would be more careful, having drivers check bins for problems and possibly using a new type of liner, because of the AP findings.

“It is something we are going to be addressing,” he said. “They’re probably isolated situations, but we are still early in the process with all this work.”

Despite problems, Haldin said Waste Management is trying to make sure oil spill contamination isn’t spread inland.

“There are a whole set of steps we are taking to make sure this operation is safe,” he said.

Liquid waste, such as oily water left from the cleaning of oil-blocking booms or the mix of oil and water picked up by skimmer boats in the Gulf, is handled separately. The oily residue is processed for sale where possible and the water is reused or injected underground.

The amount of waste being generated sounds staggering, but it’s not unusual in the disposal business.

“This whole spill is going to be a drop in the bucket for its impact on landfills,” said Vic Cullpepper, technical director at River Birch Landfill, near New Orleans. “A lot of people are trying to blow this up and say it’s going to be a problem for landfills, but it’s not.”

BP says 761 tons of crude-contaminated waste already has been buried at the two landfills in Alabama and Florida. Some 13,100 cubic yards of oily waste have been buried in Louisiana, where the amount is being tallied by volume instead of weight.

Marlin Ladner, a supervisor with Harrison County, Miss., is angry about spill waste being buried in his coastal county, which still is trying to recover from Hurricane Katrina in 2005. The county could use the dumping fees from the disposal operations, he said, but there are too many uncertainties.

“I just don’t think it’s worth it,” he said. “I just have a problem with BP, in effect, polluting our beaches, bays and estuaries and then turning around and hauling that stuff and dropping it just four or five miles from the coast here.”

BP says no oily material will be sent to the Mississippi landfill.
___
Associated Press writer Melissa Nelson contributed to this report from Pensacola, Fla.
Associated Press
Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


EMC Acquires Data Warehousing And Analytics Company Greenplum

Enterprise software giant EMC has acquired data warehousing company Greenplum Software. Financial terms of the deal were not disclosed but the acquisition is an all-cash transaction.

Greenplum, which has raised $61 million in funding, develops database software for business intelligence and data warehousing applications. Greenplum has a number of high profile investors, including Sun Microsystems and SAP Ventures. The company’s client base includes Skype, Equifax, T-Mobile and Fox Interactive Media Greenplum will become the foundation for a new data computing product division within EMC’s Information Infrastructure business.


Qualcomm’s New Vision-based Augmented Reality Platform Will Knock Your Block Off

Vision-based augmented reality — that is, pulling in data from a device’s camera and using it to position and rotate 3D models drawn on top of an on-screen view of the real world — isn’t really anything new. We started seeing tech demos of the concept 5+ years ago, and games like Sony’s Eye of Judgment have been doing it for nearly as long. More recently, the concept has been moving to mobile phones — a perfect fit, given that the camera and display are built into one unit.

Up until this point, however, the idea has been more or less exclusive to those with gobs of cash or manpower to spare. Anyone who built up their own Vision-based AR tech generally kept it pretty close to their chest, so building a Vision-based AR app meant rebuilding things from the ground up.

It looks like the endless reinvention of the same wheel is coming to a close. At Qualcomm’s recent Uplinq conference, they announced their plans to release a free Vision-based AR platform to mobile developers. Why? To sell more phones, of course.

Read the rest at MobileCrunch >>


Latest Peek Firmware Opens Huge Security Hole And Sends SMS, Twitter Feeds To The Wrong Users

Peek might have a serious problem on their hands. There are widespread reports of users not getting their messages either in a timely manner or not at all. Even worse, there are more than a few users stating they are getting other people’s emails, Twitter feeds, and text messages.

Peek was originally supposed to be a dead simple email-only handheld device — a smartphone alternative, really. But over time the company started adding more and more functions to keep it not only relevant in the social networking world, but also to justify new models. But it seems to be going horribly wrong now.


LeBron Tweets, Blames Chris Paul For Making Him Sign Up

Here it is, the first tweet from LeBron James. No, he’s not saying where he’s going — at least not yet.

Instead, James uses his first tweet to acknowledge that it’s really him (though Twitter still hasn’t verified the account, I suspect they will soon), and notes that it was fellow NBA star Chris Paul who got him to sign up. Here’s the tweet:

Hello World, the Real King James is in the Building “Finally”. My Brother @oneandonlycp3 gas’d me up to jump on board so I’m here. Haaaa

James has already shot up to 90,000 followers, up from 50,000 just a couple hours ago. Again, expect that number to surge as the world awaits his decision on where he’ll sign to play next.

Update: And now it’s verified.

Information provided by CrunchBase


Obama Shines Light on Solar with $2B Investment

Obama In his weekly address on Saturday, President Obama announced the Department of Energy will loan almost $2 billion to two solar energy companies: Abengoa Solar and Abound Solar Manufacturing. The loans will go towards developing solar energy plants.

With the funding, Abengoa will build a solar plant in Arizona that can power 70,000 homes. When completed in 2013, the plant will be one of the largest in the world. It will also store part of the energy it produces, becoming the first plant in the U.S. to do so.

Abound will receive $400 million to build two plants, one in Colorado and the other in a former Chrysler factory in Indiana. The funding comes from the Recovery Act, and the plants are expected to create more than 1,500 permanent jobs and at least 2,000 construction jobs.

The loans are part of the President’s policy to use government loans to help jump-start the alternative energy industry.

Information provided by CrunchBase


Marketwire Acquires Social Media Monitoring And Analytics Startup Sysomos

Rumors of social media monitoring and analytics startup Sysomos’ acquisition by Marketwire swirled in the blogosphere yesterday, but today it’s been made official. In a blog post on Sysomos’ site today, the company announced that has been bought by the press release wire service. Financial terms of the deal were not disclosed.

Sysomos, which is profitable, offers a data anlaytics produtcs, including MAP and Heartbeat, that ollects and analyzes more than a billion new online conversations a month. Brands such as Microsoft, Proctor & Gamble, Coca-Cola, Disney and Shell use Sysomos’ platform to tap into the conversations taking place on the social web. You can read our posts that report on Sysomos’ data here.

According to the blog post, Marketwire’s services will integrate social intelligence from the Sysomos platform. It seems smart that a service-oriented company like Marketwire would also get into the social media analytics game, as this is data that many of its clients will use to track news and conversation about their companies and brands.

Information provided by CrunchBase


Yahoo To Internally Announce New Product Strategy This Month

Yahoo is serious about its product strategy moving forward, and they fully intend to be able to answer the question “what is Yahoo” in the near future.

In an email to all staff last week, new chief product officer Blake Irving told employees that he would be sending a two page document outlining Yahoo’s overall product strategy moving forward by the end of July. Later employees will be able to dive deeper into a twenty page document, and later still a 200 page detailed product strategy document would be available.

This 2/20/200 strategy, as employees are calling it, will be an interesting read. Assuming that it is distributed outside of Yahoo, which I’m guessing will happen shortly after employees get it.

Yahoo certainly needs some direction. CEO Carol Bartz is unable to succinctly state what Yahoo’s core mission is after a year and a half on the job. And Yahoo’s recent advertising blitz echoes that confusion.

“Your own personal eveything,” reads the ads, which include a picture of a woman with tattoos of products and companies. And for some reason one of those tattoos is the Facebook icon. Ironic in in a way.

Being the best at one thing is definitely a better strategy than being mediocre at “everything.” But it doesn’t take even two pages to outline how to be the best at one thing. Our guess is that Yahoo will continue to try for ubiquity, and flail around for another year or two.

Information provided by CrunchBase


Did LeBron James Just Join Twitter To Tweet Where He’ll Sign?

The world is waiting to know where basketball star LeBron James is going to sign. The free agent is expected to make his decision some time in the next few days, and you can undoubtedly expect a large press conference to follow. But could it be that he’d tweet out his decision first? Perhaps.

All indications are that James has just joined Twitter under the name KingJames. It’s not a verified account yet (we have a message into Twitter about that — they’re looking into it), but the best indication it’s real is likely from fellow NBA star Chris Paul — who is James’ best friend in the league. Two hours ago, Paul tweeted out, “**Couldn’t convince him to tell me which team he’s goin to but convinced him to join twitter lol…my brother from another mother @KINGJAMES“.

So either both of them are playing a trick on Twitter, or that is really James. Other reports seem to confirm it’s him as well.

Assuming it is him, James has yet to tweet from the account. But he already has over 50,000 followers — a number that will undoubtedly surge if and when it’s proven to be him. His timing is certainly interesting. It certainly doesn’t seem out of the realm of possibility that his first tweet will be about where he’s going to end up. That would be a tweet heard ’round the world.

His bio currently reads “King of Akron” (he’s from Akron, Ohio), but that could change if he decides he’s leaving Cleveland to play elsewhere.

Over the weekend, the NBA actually paid Twitter to have James’ name as a Promoted Trending Topic to promote their own free agency coverage.

Update: And here he is now tweeting away.

[thanks Chester]

Information provided by CrunchBase


The Upshot: Search Powers The News At Yahoo

Yahoo is getting serious about the news. Today, it launched a new political news blog called The Upshot, written by a staff of six writers and two editors. The Upshot is a mix of original reporting, commentary, links, and licensed news photos. Rather than simply republishing stories from the news wires or other news outlets like rest of Yahoo News, the Upshot is trying to cultivate a Yahoo-branded point of view and set of voices around political, national and media news.

Yahoo is in the midst of expanding its original news footprint in an attempt to compete with AOL and Demand Media. Last May, it purchased Associated Content for its crowdsourced content platform. At the same time, it’s been hiring its own journalists and blowing out coverage in sports, finance, and news. Yahoo Media VP James Pitaro describes it as “trying to strike a balance.” The Upshot falls on the higher-quality end of the scale, and is part of Yahoo’s efforts to expand this kind of coverage from 10 percent to 20 percent of the news on its properties.

Yahoo needs to churn out a lot of news stories to satisfy the estimated 52.7 million U.S. unique visitors who go to the site every month (comScore). So it will continue to provide a mix of both original and licensed articles. The Upshot blog and others like it is a way to give Yahoo News a little more personality without having to rely completely on expensive and time-consuming original reporting. The editors and writers a can link to other news and add their own commentary. Most professional blogs do that, and it is a good way to ramp up production.

But the Upshot will go one step further. The editors and writers will use search data to pick which stories to pursue. So what kinds of stories are people searching for today? The Upshot hopes they are looking for a video of Israeli soldiers doing a dance to Ke$ha’s “Tik Tok,” the London clubbing habits of alleged Russian spy Anna Chapman, and a handy list of RNC chairman Michael Steele’s five biggest blunders. There are some serious stories in there too such as one on ballooning state and local budget deficits (“Will regional governments go the way of Greece?”). I’d love to see a scoreboard showing the pageviews of how the algorithmically-chosen stories do versus the ones assigned by the human editors. God help us all.