MessageMe — a messaging app that launched in March with a little Facebook controversy thrown in — has raised another $ 10 million, according to an SEC filing earlier today. The Series A round was led by Greylock Partners; and as part of it, John Lilly, the ex-ceo of Mozilla who is now a partner at Greylock, will be joining the board of LittleInc Labs, makers of MessageMe.
Tag Archives: Rich
An anonymous reader writes “A change from ‘need’ based financial aid to a ‘merit’ based system coupled with a ‘high tuition, high aid,’ model is making it harder for poor students to afford college. According to The Atlantic: ‘Sometimes, colleges (and states) really are just competing to outbid each other on star students. But there are also economic incentives at play, particularly for small, endowment-poor institutions. “After all,” Burd writes, “it’s more profitable for schools to provide four scholarships of $ 5,000 each to induce affluent students who will be able to pay the balance than it is to provide a single $ 20,000 grant to one low-income student.” The study notes that, according to the Department of Education’s most recent study, 19 percent of undergrads at four-year colleges received merit aid despite scoring under 700 on the SAT. Their only merit, in some cases, might well have been mom and dad’s bank account.’”
Read more of this story at Slashdot.
Tesla’s innovations could make EVs more competitive.
The U.S. Department of Energy has been criticized for loaning money to Tesla Motors because the company makes cars that only rich people can afford. That’s probably part of the reason Elon Musk, Tesla’s CEO, made such a big deal last week in saying that, with a new payment plan, and figuring in savings from gas prices, about 10 percent of the U.S. population can afford a new Model S, up from about 1 percent without the plan.
chicksdaddy writes “To paraphrase a quote attributed to F. Scott Fitzgerald: ‘Rich countries aren’t like everyone else. They have less malware.’ That’s the conclusion of a special Security Intelligence Report from Microsoft, anyway. The special supplement, released on Wednesday, investigated the links between rates of computer infections and a range of national characteristics including the relative wealth of a nation, observance of the rule of law and the rate of software piracy. The conclusion: cyber security (by Microsoft’s definition: low rates of malware infection) correlated positively with many characteristics of wealthy nations – high Gross Income Per Capita, higher broadband penetration and investment in R&D and high rates of literacy. It correlated negatively with characteristics common in poorer nations – like demographic instability, political instability and lower levels of education.’”
Read more of this story at Slashdot.
Developer François Beaufort gave us a peek at a new notification center in Mountain View’s browser last week, and now he’s given us a glimpse of what rich notifications could look like in Chrome OS. In the screenshot, a pop-up sprouts from the lower menu bar and packs a collection of notices regarding missed calls, new messages and notifications from Google+. Beaufort playfully says he doesn’t know what the toolbar icon made up of four word bubbles is, but we wouldn’t be surprised if it were a unified messaging app. Here’s hoping Beaufort drops some more clues or Page and Co. confirm our suspicions soon.
Filed under: Google
Via: The Verge
Source: François Beaufort (Google+)
Hulu just posted an internal email from CEO Jason Kilar to its blog, indicating that he and CTO Rich Tom will be leaving the company during the first quarter of 2013. The timing is new, but word that Kilar was on his way out was circulating as early as August 2012, when an internal memo included a passage about transitioning to a new CEO.
I love talking about taxes. Our President and both houses of Congress have finally all agreed on a deal on this whole fiscal cliff mess. I’ve been holding my breath on this because I thought for sure that I’d be paying a lot more in taxes this year. But I dodged the bullet. All venture capitalists did, actually. Nothing the government agreed to in the last few days actually affects the asset wealthy in this country. If you’re a Hollywood agent barely getting by with a million dollar a year salary and two ex spouses, your life sucks right now. You’re going to have barely any money left over at the end of each month for cocaine with the tax increase. Small business owners will also take a hit because their business profits are considered income in most cases Luckily I’m not in any of the groups who are being affected much. I have some money in the bank from selling TechCrunch a couple of years ago, which of course isn’t taxed on an ongoing basis. So I’m good there. And even better, there hasn’t been a word mentioned about the carried interest loophole. Most of the money I make now comes from investments from CrunchFund. And the vast majority of that is what’s called carried interest. Even though I’m investing other people’s money, the government calls it a capital gain. So instead of paying 39.6 percent on that money (I won’t call it income), I pay only 15 percent (or maybe 20 percent under the new rules – it isn’t clear to me). In other words, income is a sucker’s game. Carried interest rocks. Everyone wants the rich to pay more in taxes. They’re thinking about Mitt Romney and Warren Buffet when they say “rich people.” But really rich people like that are totally protected. Their accumulated wealth can only be touched by inflation. And if they’re in the hedge fund game, most of their “income” is taxed at just 15 percent. Which is why Warren Buffet can pay a lower tax rate than his secretary. And why, even after calling for tax increases for the rich, he’ll still be paying a lower tax rate than his secretary. Kill This Loophole Many of us benefiting from it have been asking for it to end for years because it is so vastly unfair. It’s not often that something is so
GoodSync is single-minded: It's intended to provide automatic synchronization and backup across folders and remote volumes. That narrow focus has two repercussions. First, the utility offers exhaustive, rich, and deep support for an array of services and options. Second, the learning curve for using the program to its best advantage is challenging. This program isn't for beginners, but other users will love it once they learn to use it–that is, if they learn to use it.
The rich, interactive notifications baked in to Jelly Bean are certainly one of our favorite features of the newest version of Android. Now, one of our favorite apps, Evernote, is tapping into their power. Version 4.2 of the note-taking giant’s program offers quick shortcuts to edit and share uploaded notes from the notification pull down. Those notifications are also delivering a lot more context than they used to. Rather than a simple alert that a note has been uploaded, you’re now presented with a thumbnail of images captured and a snippet of your text entry. Power users will also be glad to hear those notifications will no longer pile up, as multiple ones will be condensed into a single entry as they do with Gmail. There’s also the usual bevvy of bug fixes and performance improvements, which is never a bad thing.. Hit up the source to download it now.
Filed under: Mobile
Hey kid, wanna get rich?
After watching “The Social Network” for the third time this weekend, are you feeling ready to create something truly world-changing and make a billion dollars? Have you just finished off an MBA and are looking for a job slightly more glamorous than traveling 364 days a year for a Big 3 consulting firm? Are you getting hit up for co-founder gigs in between gigs making web pages for dentists and want to know what white-hot area you should get into, if you did decide to live the dream?
eldavojohn writes “A new report (PDF) from Climate Central shows that climate change has been affecting some states more than others for the past 100 years. As you can see from a video released by NASA, things have become most problematic since the 70s. Among the states most affected is Minnesota, where moose populations are estimated to have dropped 50% in the past six years. Now the U.S. Department of Energy is spending $ 50 million on a massive project at the Marcell Experimental Forest to build controlled sections of 36 feet wide and 32 feet tall transparent chambers over peatland ecosystems. Although peat bogs only account for 3% of Earth’s surface, they contain over 30% of carbon stored in soil. They aim to manipulate these enclosures to see the effects of warming up to 15 degrees, searching for a tipping point and also observing what new ecosystems might arise. The project hopes to draw attention and analysis from hundreds of scientists and researchers around the globe.”
Read more of this story at Slashdot.
A group of high-tech tycoons wants to mine nearby asteroids, hoping to turn science fiction into real profits.
Mogreet, a Los Angeles-based mobile video marketing startup, is today announcing that it has raised $ 4.1 million in strategic capital. The round was led by Black Diamond Ventures, with participation from existing investors, including DFJ Frontier, Ascend Ventures, Bryant Park Ventures, and Draper Associates. The new infusion of capital brings the startup’s total funding to $ 14.1 million.
Dreams are nice. Yachts are better. So while you cling to far-flung notions that you’ll ever truly know what ‘money to burn’ means, the Barry Dillers of our world are crisscrossing international waters, drenching models with diamonds and dropping their universal controllers in the hot tub with abandon. Rescuing these rapscallion, modern-day robber barons from the pitfalls of excess is Crestron, with its UFO Waterproof Remote made specifically for H2O hanky panky. The disc-shaped unit, which admittedly looks more like a pool toy than high-end control hub, comes encased in a rubberized shell and features a 2.8-inch display, giving Greek shipping heirs and their ilk instant access to lighting, security systems, A/V equipment and thermostats from the comforts of their sun deck jacuzzi. Alright, so the 1% aren’t the company’s sole market base, as the unit’s also ideally positioned for use in hospitals, owing to its ability for easy sterilization. But let’s be honest, the real reason this floating controller shares a frisbee-like shape is aerodynamics. All the better to hit your staff with, right Ms. Campbell? Official PR and its hydrophobic emphasis after the break.
Mark Zuckerberg has the world’s largest social network, but he does not have anything close to the world’s fattest wallet after failing to make a new rich list.
Not much of a surprise here, but today it finally becomes official: Henry Tirri has been appointed CTO of Nokia, nearly four months after assuming the position on a temporary basis. Tirri, who joined the company in 2004 and previously served as head of its research center, will permanently replace former CTO Rich Green, who took an indefinite leave of absence from Espoo back in June, citing “personal reasons.” At the time, some local media outlets reported that Green’s absence would be permanent, due to disagreements over CEO Stephen Elop’s smartphone OS strategy. Reportedly a one-time Meego advocate, Green will now return to the US to “pursue new opportunities” and, as of today, is no longer a member of the Nokia Leadership Team. Tirri, meanwhile, will be responsible for designing “Nokia’s technology agenda both now and in the future, and driving core innovation to enable business development opportunities.” We’ll have to wait and see where that path leads, but you can find more details about the appointment in the full press release, after the break.