Jackthreads is a Thrillist company that features clothes and accessories for men. The style is all over the place – goofy t-shirts sit next to nice blazers and jackets – but it’s decidedly urbo-hipster in the design and sizing. Full disclosure: I try my damnedest not to buy their stuff but I still find my self idly clicking through and buying age-inappropriate streetwear. It’s pretty addicting. That said, they’re going gangbusters. The company will see $ 75-100 million in revenue this year and their iPhone app just passed 2 million downloads. The app has been a consistent top free lifestyle app and it pushes millions of pageviews and sales sessions. “It’s a huge driver for the business in every single way,” said CEO of Thrillist Media Group, Ben Lerer. “The native app experience killed for us,” he said. “It drove tens of millions of dollars of revenue.” They have just launched a new iPad app that acts as a catalog for their daily deals and pushes notifications when new sales are added. Lerer is excited about the new platform and has seen mobile usage explode. “We anticipate the highest conversion rate on any channel,” he said. “I know I’m buying more frequently on the iPad. Mobile is a huge driver for the business in every single way.” Given that Jackthreads is one of Thrillist’s most profitable properties and thanks to solid growth over the past few years, it’s clear that Lerer and team have found the goose that lays the lightweight golden track jacket with scorpion detail on the back.
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Tag Archives: half
With Nearly Half Of All Jackthreads Orders Coming Through Mobile, The Company Launches A New iPad App
Tim Cook coffee date auction ends at over half a million
Best Buy will sell its half of Best Buy Europe to Carphone Warehouse for $775 million
As Best Buy attempts a return to financial well-being, it’s decided to sell the 50 percent share it (still?) owns in Best Buy Europe to fellow joint venture partner Carphone Warehouse. The price is set at about 500 million GBP ($ 775 million) and is expected to close by June.
Developing…
Filed under: Cellphones, Household, Mobile
Source: Best Buy
Vermont Telephone Company’s gigabit internet service is live, half the price of Google Fiber

Remember how Google Fiber‘s recent announcement for planned service in Austin by 2014 spurred immediate competition from AT&T? It’s safe to say telcos in other areas have taken note about the gigabit speeds and roughly $ 70 montly pricing, too. According to a Wall Street Journal Digits blog post, Vermont Telephone Company is now offering gigabit-speed service to some of its customers for the crazy low stand-alone price of $ 35 bucks a month. To keep things in perspective, WSJ notes that roughly 600 folks are subscribed (out of VTel’s total base of about 17.5K) and that the company is essentially going to be analyzing whether the current pricing will remain for the long-term. With Google Fiber to continuing to expand, it’s certainly promising to see how superspeed internet is trickling across the US — and how easy it’s been looking on the wallet.
Filed under: Internet
Via: The Wall Street Journal Digits
Source: VTel
Tim Cook coffee date auction surpasses half a million
ABI: Budget smartphones will equal half of all smartphone shipments in future
It looks like it won’t just be low-cost Android tablets that will see a huge boost in the market, but low-budget smartphones as well. According to ABI Research, in the year 2018, budget smartphones will equal about 46% of all smartphone shipments, which is 28% higher than today. Currently, 259 million budget smartphones are expected
Verizon’s CEO says video accounts for half of its traffic
Verizon‘s CEO attended the National Association of Broadcasters conference, stating yesterday that half of Verizon Wireless’s traffic is from videos, a number that is expected to continually increase over the next several years, eventually accounting for about 2/3rds of it. He then went on to discuss a conversation he had with the late Steve Jobs
Seagate ships two billion hard drives, sold half of them in the last four years
Seagate might have been selling hard drives since 1980, but it’s seen a huge increase in demand in the last few years, allowing it to double its total sales since 2008, crossing the two billion unit milestone in the process. It’s thanking everyone’s unabated desire for streaming video, online shopping and other heavy-lifting data services for the uptick, with the company predicting that hunger for storage is likely to quadruple in the next two years. Thanks a lot, Ultra High Definition.
Filed under: Storage
Safer Nuclear Power, at Half the Price
Transatomic is developing a new kind of molten-salt reactor designed to overcome the major barriers to nuclear power.
Transatomic, an MIT spinoff, is developing a nuclear reactor that it estimates will cut the overall cost of a nuclear power plant in half. It’s an updated molten-salt reactor, a type that’s highly resistant to meltdowns. Molten-salt reactors were demonstrated in the 1960s at Oak Ridge National Lab, where one test reactor ran for six years, but the technology hasn’t been used commercially.
Boeing 787s To Create Half a Terabyte of Data Per Flight
Qedward writes “Virgin Atlantic is preparing for a significant increase in data as it embraces the Internet of Things, with a new fleet of highly connected planes each expected to create over half a terabyte of data per flight. IT director David Bulman said: ‘The latest planes we are getting, the Boeing 787s, are incredibly connected. Literally every piece of that plane has an internet connection, from the engines, to the flaps, to the landing gear. If there is a problem with one of the engines we will know before it lands to make sure that we have the parts there. It is getting to the point where each different part of the plane is telling us what it is doing as the flight is going on. We can get upwards of half a terabyte of data from a single flight from all of the different devices which are internet connected.’”
Read more of this story at Slashdot.
Half of $1B Apple awarded from Samsung invalidated
iPhone sales at Leap Wireless are half of what was forecast
The prepaid mobile carrier is having a tough time getting Apple’s smartphones off its hands. [Read more]![]()
CNET News
Musk Says Tesla Will Pay Off Its Loans in Half the Time
Tesla’s CEO claims the company is a success, and partially credits the DOE loan program.
Speaking alongside Steven Chu at the Advanced Research Projects Agency for Energy’s annual summit outside of Washington, D.C., Elon Musk, the CEO of Tesla Motors, confidently declared that his company, which received a $ 465 million loan from the U.S. Department of Energy, is a success story, and said the company would repay the loan in half the time it is required to. The loan is due by the end of the decade.
Mobile devices will get next-gen Wi-Fi in early second half, Qualcomm says
Smartphones and tablets with the emerging Wi-Fi wireless networking technology, 802.11ac, will arrive early in the second half of this year, a Qualcomm executive said.
Computerworld News
Half of Facebook parents joined to spy on kids?
You think half those adults on Facebook are there because they love Facebook? No, no. These are merely parents engaged in covert operations. [Read more]![]()
CNET News
BMW recalls over half a million cars over battery cable connector
BMW has recalled almost 570,000 cars due to an issue with one of the battery cable connectors, which is prone to failure and could result in a perma-stalled vehicle. The failure results from gradual degradation, which is why the earliest vehicle models being recalled go back to 2007. You can check out which models and
ITU group OKs H.265 video standard to cut bandwidth use in half
An ITU group has approved a successor to the H.264 video encoding standard, opening the door to future video transmission using only half the bandwidth that's now required.
Computerworld News
“Hybrid Wing” Uses Half the Fuel of a Standard Airplane
NASA has demonstrated a manufacturing breakthrough that will allow hybrid wing aircraft to be scaled up.
Aerospace engineers have long known that ditching a conventional tubular fuselage in favor of a manta-ray-like “hybrid wing” shape could dramatically reduce fuel consumption. A team at NASA has now demonstrated a manufacturing method that promises to make the design practical.
An Engine That Uses Half the Fuel
Achates Power gets $ 5 million to build a multi-cylinder version of its diesel engine.
The Jumo engine, made by the German aircraft company Junkers in the 1930s, was an oil-burning, smoke-spewing machine. But it was the most efficient engine of its day. Achates Power, based in San Diego, California, is modifying the design to make it meet modern emissions standards, while improving its efficiency. Data from Achates’s small, single-cylinder test engine convinced the U.S. Army to give Achates, and partner AVL Powertrain Engineering, $ 4.9 million to build a complete multi-cylinder prototype engine that the Army hopes can be the basis for a range of applications, including powering tanks.
For Energy Startups, A Glass Half Full or Empty?
As a group, clean-tech startups are struggling. Here are some of the technology and business trends that will shape startup activity this year.
It’s no secret that times are tough for funding clean technology startups. But innovators are adapting to the many things that have changed since the go-go years of the mid-to-late 2000s.
The U.S. Careens Over the Fiscal Cliff, Reaching Only Half of a Deal
New submitter Jetra wrote with word that the House of Representatives failed to vote on the “fiscal cliff” deal before midnight, technically sending the U.S. over the fiscal cliff. The White House and Senate, however, reached an agreement at the last minute to allow for some tax increases, and a House vote approving it is expected in the next day or two: “The agreement came together after negotiators cleared two final hurdles involving the estate tax and automatic spending cuts set to hit the Pentagon and other federal agencies later this week. Republicans gave ground on the spending cuts, known as the sequester, by agreeing to a two-month delay paid for in part with fresh tax revenue, a condition they had resisted. White House officials yielded to GOP wishes on how to handle estate taxes, aides said.” The battle over required spending cuts has predictably been delayed for another day, making the deal far from complete.
Read more of this story at Slashdot.
Samsung plans to ship half a billion handsets in 2013
The Korean phone company aims to ship 510 million handsets next year. [Read more]![]()
CNET News
More Than Half Of The Forbes’ 30 Under 30 In Tech Are Y Combinator Alums
Forbes released its annual 30 Under 30 lists yesterday and a stunning 15 of the 30 companies that people on the “Tech” list work for are Y Combinator alumni companies. Because multiple people from the same company are counted as a single entry on the list, Y Combinator actually counts 23 of the 40 people, rather than entries, on the tech list as alums.
TechCrunch
Half of all mobile app revenue went to just 25 developers last month
Both Apple’s iTunes App Store and Google’s Play store for Android collectively have over 1.4 million apps to choose from, and surprisingly, more than 50% of the revenue made by these stores in the United States goes to just 25 app developers, according to analytics firm Canalys, which performed a daily survey over a 20-day
Half of GitHub Code Unsafe To Use (If You Want Open Source)
WebMink writes “GitHub is a great open source hosting site, right? Wrong. There’s no requirement that projects on GitHub provide any copyright license, let alone an open source one, so roughly half the projects on GitHub are “all rights reserved” — meaning you could well be violating copyright if you make any use of the code in them. And GitHub management seem just fine with this state of affairs, saying picking a license is too hard for ordinary developers. But if you’re not going to give anyone permission to use your code, why post it on GitHub in the first place?”
Read more of this story at Slashdot.
Half of mobile phone users get online with their device
Whether they’re checking their bank account, downloading an app, or e-mailing, a new study shows that 56 percent of cell phone owners are using their device to access the Internet. [Read more]![]()
CNET News
Twitter CEO Dick Costolo: Twitter Sees A Billion Tweets Every Two And A Half Days; Users Can Download Their Entire Archive By Year-End
Twitter CEO Dick Costolo has once again promised that Twitter users will, indeed, be able to download a full archive of their tweets in just a matter of weeks. This latest announcement was delivered in response to an audience question during a talk at Costolo’s alma mater, University of Michigan’s Ford School of Public Policy, where the CEO discussed Twitter’s role in the future of global communication and democratized access to information.
Enterprise interest in Windows 8 half that for Windows 7 in ’09
Enterprise IT decision makers are about half as enthusiastic about the new Windows 8 as they were three years ago about the then-just-released Windows 7, an analyst said today.
Computerworld News
Prehistoric human ancestors hunted with spears half a million years ago
Scientists have made an interesting discovery recently that sheds new light on prehistoric human ancestors and how they hunted food. The scientists have discovered that ancestors to modern man began hunting with spears tipped with sharpened stones 500,000 years ago. The discovery shows that our ancestors were hunting with spears 200,000 years earlier than we
New iPhone, iPad, and ‘iTV’ slated for first half of 2013?
A site in China claims to have spoken with industry sources who say that the “iPhone 5S” will be available in the first half of 2013. [Read more]![]()
CNET News
Half of YouTube’s original video content partners won’t make cut
The video-sharing site plans to provide funding to up to 40 percent of its original content partners, Ad Age reports. [Read more]![]()
CNET News
Analyst: Half of iPad Mini sales will be cannibalizations
Apple’s lower-priced iPad Mini will significantly cannibalize sales of the company’s full-sized iPad, with up to half of customers opting for the smaller tablet, an analyst argued today.
Computerworld News
Efficiency Breakthrough Promises Smartphones that Use Half the Power
A startup says it’s cracked a decades-old efficiency problem dogging wireless communications.
Powering cellular base stations around the world will cost $ 36 billion this year—chewing through nearly 1 percent of all global electricity production. Much of this is wasted by a grossly inefficient piece of hardware: the power amplifier, a gadget that turns electricity into radio signals.
Report: Twitter hits half a billion tweets a day
In London, CEO Dick Costolo told the audience at IAB Engage that the service now sees 500 million daily tweets, and confirmed that it is experimenting with a “like” button, says V3. [Read more]![]()
CNET News
Best Buy’s 10-inch tablet half the cost of iPad?
PCs with Intel's Haswell chips coming in first half of next year
Laptops and desktops with Intel's next-generation Core processor, code-named Haswell, will be available in the first half of next year, Intel CEO Paul Otellini said during a financial conference call on Tuesday.
Computerworld News
Ultrabooks? Not this year. Analysts cut sales estimates in half
Pew survey finds half of adults in the US own a smartphone or tablet
A new survey has been published by Pew looking at the adult US population who owns a smartphone or tablet. According to the survey, half of all adults in the US currently have a mobile web connection through a smartphone or tablet. That number is up significantly from a similar study conducted by the Pew
ICS and Jellybean now on a quarter of all Android devices, but over half still stuck on Gingerbread
It seems like only yesterday that Google bundled Ice Cream Sandwich 4.0 in its little biscuit layers and sent it off into the world (it was December, 2011, actually). That Android flavor has since climbed the charts rapidly, around four percent each month for the last while, and now occupies the ROM on 23.7 percent of robot-based devices — up from 20.8 percent last month. That’s in part due to new devices (like many in China) still coming out of the box with it, on top of older warhorses like the Samsung Galaxy Tab 8.9 finally grabbing some ICS. Meanwhile, its smooth-running younger sibling, Jelly Bean, made a slight gain to 1.8 percent of all Google-run slates and phones — though that will likely change when the Galaxy Note II hits the market en masse and the Galaxy S III OTA 4.1.1 disseminates to all its owners. Meanwhile, Gingerbread still dominates Google OS installed devices at 55.8 percent, probably thanks to delays or denials of newer flavors to legacy devices.
Filed under: Cellphones, Tablets, Software, Google
ICS and Jellybean now on a quarter of all Android devices, but over half still stuck on Gingerbread originally appeared on Engadget on Tue, 02 Oct 2012 03:02:00 EDT. Please see our terms for use of feeds.
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Engadget
Yahoo starts selling half of its Alibaba stake as promised, sends $3.65 billion to giddy shareholders
Anyone who’s been holding on to Yahoo shares through thick and thin is about to reap the rewards of that patience. As the company promised, it’s starting to sell back half its stake in Alibaba, closing the first stage of the deal with the equivalent of $ 7.6 billion in pure revenue. The struggling search and content firm ‘only’ pockets a net $ 4.3 billion after taxes and other overhead costs, but it won’t even see that much in its bank account: it’s purposefully sending $ 3.65 billion of that money to shareholders, both to inspire new confidence and (unofficially) to head off activist investors like Dan Loeb that might otherwise want a coup d’état. If share owners plan on using the second stage of the sale to fund a vacation to Maui, though, they’ll need to wait. Yahoo’s deal prevents it from selling half of its remaining 23 percent stake unless Alibaba files for an initial public offering, and there’s no guarantee that investors will see another dime of the proceeds.
Filed under: Internet
Yahoo starts selling half of its Alibaba stake as promised, sends $ 3.65 billion to giddy shareholders originally appeared on Engadget on Wed, 19 Sep 2012 10:26:00 EDT. Please see our terms for use of feeds.
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Engadget
Black Mesa released: Half Life is reborn
Black Mesa, the eight-year project to revive Half Life, has been released, a free download bringing the classic game up to speed with Valve’s own Source engine. Including roughly 10hrs of gameplay, this first release completely rebuilds graphics and gameplay with the familiar cast of the original, and includes new maps, media files and more. The Black Mesa
Over half of Android devices have unpatched flaws, report says
Over half of Android devices are vulnerable to known security flaws that can be exploited by malicious applications to gain complete access to the operating system and the data stored on it, according to a report from mobile security firm Duo Security.
Computerworld News
Sun spits out ‘solar whip’ half a million miles long
Fans Bring Back Half Life Game Series: Black Mesa Mod Launches 9/14
MojoKid writes “In a little less than two weeks, Half Life fans will have an opportunity to relive Valve’s original 1998 title Half Life, albeit reborn and modified using the company’s Source engine. The ambitious third-party project is called Black Mesa (previously known as Black Mesa: Source) and it’s been in development for eight years. Black Mesa will deliver Half Life as you’ve never seen it before. It will have all new graphics, maps, a new soundtrack, updated voice acting, support for multi-core processors, hardware accelerated facial animation, and other goodies.”
Read more of this story at Slashdot.
IDC: iPhone wait cuts Apple’s China phone share by nearly half, Lenovo seizes the opportunity
There’s a lot of talk of a new iPhone coming soon, and the Chinese know it. IDC researchers estimate that Apple’s share of smartphones in the country was sliced almost in half during the second quarter, to 10 percent, as expectations and rumors led the local population to wait for the big update. Better competition also played a part in denting iPhone shipments, although it’s not Apple’s chief rival Samsung who’s responsible. Rather, it’s China’s own Lenovo that had the most impact. It broke into the double digits with a second-place 11 percent share thanks to recently started indirect sales of its Android-dominated lineup, while Samsung saw its own share dip slightly to 19 percent. Chinese companies ZTE and Huawei bracketed Apple at third and fifth. We wouldn’t be surprised if the balance of power shifts in about a month, but the impacts to Apple and Samsung alike show just how tough it can be to stay on top in one of the fastest-growing markets on Earth — especially one with so many local brands.
Filed under: Cellphones, Mobile
IDC: iPhone wait cuts Apple’s China phone share by nearly half, Lenovo seizes the opportunity originally appeared on Engadget on Sat, 25 Aug 2012 19:45:00 EDT. Please see our terms for use of feeds.
With A Budget Almost Cut In Half And 40 Percent Staff Cuts Can The RIAA Survive?
RIAA’s budget comes from music labels and distributors because it represents the interests of the music industry. Therefore, it depends on their willingness. TorrentFreak obtained its latest tax filing and the RIAA is facing the same difficulties as the major music labels. Its budget has been cut to $ 29.1 million dollars for 2010-2011 from $ 51.35 million dollars two years earlier. Yet, the most important shift comes from the anti-piracy strategy adopted by the RIAA.
Instead of spending tens of millions of dollars in legal fees, the RIAA is supporting the copyright alert system and its six strikes, a policy inspired by the unpopular and ineffective French anti-piracy law called Hadopi.
TechCrunch
Ex-OnLive employee claims half of workforce laid off
Friday was something of a whirlwind day for the employees and executives of OnLive. At the start of the day, we heard that OnLive would be shutting down, with a number of employees saying they had been handed pink slips. Throughout the day, OnLive executives claimed that everything was fine. After the end of business


Editor’s note: Jack Krawczyk is head of monetization at StumbleUpon, the discovery platform. Jack was a founding member of Google+ and 


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