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	<title>AllThingsD &#187; expansion</title>
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		<title>"Path Does Not Spam Users": Dave Morin Talks About the Hyper-Growth Pains of a "Personal Network"</title>
		<link>http://allthingsd.com/20130506/the-hyper-growth-pains-of-path-the-personal-network/</link>
		<comments>http://allthingsd.com/20130506/the-hyper-growth-pains-of-path-the-personal-network/#comments</comments>
		<pubDate>Mon, 06 May 2013 14:27:06 +0000</pubDate>
		<dc:creator>Mike Isaac</dc:creator>
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		<guid isPermaLink="false">http://allthingsd.com/?p=318425</guid>
		<description><![CDATA[The Path CEO addresses spamming accusations and concerns about his startup's recent viral growth in an interview with AllThingsD.]]></description>
				<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20130506/the-hyper-growth-pains-of-path-the-personal-network/pathhand/" rel="attachment wp-att-318430"><img src="http://allthingsd.com/files/2013/05/pathHand-380x269.png" alt="pathHand" width="380" height="269" class="alignright size-medium wp-image-318430" /></a></p>
<p>Dave Morin, CEO of Path, is adamant that he isn&#8217;t doing anything wrong. &#8220;Path does not spam users,&#8221; Morin told <strong>AllThingsD</strong> in an interview about the self-proclaimed &#8220;personal network&#8221; yesterday. &#8220;Invites on Path are never sent without a user&#8217;s consent &#8212; any allegations to the contrary are false.&#8221;</p>
<p>That&#8217;s in reaction to a recent series of complaints about the hyper-growth the San Francisco-based startup has undergone of late, after Path updated its software to goose growth. The change has elicited some public outcry, blogger criticism and accusations of spamming users.</p>
<p>Which leads to the simple question: Can a mobile app be intimate and private while pushing explosive viral user sign-ups?</p>
<p>There&#8217;s no question that Path has taken one of the <em>more</em> traveled-by paths as of late. After it plodded along in the low-millions-of-users range for much of 2012 &#8212; which, for an app defined by restricting its users&#8217; connections, seemed appropriate &#8212; the service has seen a massive increase in sign-ups in just a handful of months.</p>
<p>It has ballooned to 12 million registered users as of today, Morin said, with most of the growth coming from North and South America &#8212; especially, as of late, from the U.S.</p>
<p>That growth spurt, Morin said, has been helped by a new onboarding process that encourages a user to &#8220;Promote My Path&#8221; via social avenues such as Instagram, Facebook, Twitter and Tumblr. In addition, they&#8217;re now able to opt in to let Path search their address books, Twitter and Gmail accounts in order to invite new people to the service, be it via email, Twitter or &#8212; most aggressively &#8212; through SMS text messages.</p>
<p>Here&#8217;s the big issue: During the invitation process, check-boxes are automatically marked to send messages to your friends, which means you have to uncheck them in order not to send out invites. <em>Technically</em> it&#8217;s an opt-in process to send out those invites, as the user must tap a button to send them out. But for the average user who is not paying close attention and just wants to get to the app, it&#8217;s easily something that could be missed &#8212; and, ultimately, could feel like Path has spammed your network of friends. </p>
<p>All of these elements combined is a shift for an app that was once the epitome of growth-wary. &#8220;Private by default,&#8221; the company <a href="https://path.com/about">states on its website</a>, limited to 150 friends (though initially limited to 50), and &#8220;designed with the people you love, your close friends and family, in mind.&#8221; </p>
<p>The Path of today, however, is not the Path of yesterday, and it has had repercussions.</p>
<p>Until recently, users were able to invite their Facebook friends to join Path en masse, sending out as many invitations as you have Facebook friends with only a few taps of the screen. That was another change from past versions of Path, Morin said, which once used an algorithm to suggest only the closest friends you&#8217;d want to connect with.</p>
<p><a href="http://allthingsd.com/20130506/the-hyper-growth-pains-of-path-the-personal-network/pathfriends3/" rel="attachment wp-att-318515"><img src="http://allthingsd.com/files/2013/05/PathFriends3-320x480.png" alt="PathFriends3" width="320" height="480" class="alignleft size-large wp-image-318515" /></a></p>
<p><a href="http://techcrunch.com/2013/05/04/path-blocked/">Facebook severed Path&#8217;s invite ability</a> over the weekend, however, in the wake of a <a href="http://www.theverge.com/2013/4/30/4286090/path-is-spamming-address-books-with-unwanted-texts-and-robocalls">dust-up with a U.K.-based user</a> who joined Path one evening before bed, only to wake up and find that Path had sent texts, emails and (inadvertently) phone calls lobbying his friends to join Path on his behalf.</p>
<p>It&#8217;s worth noting here that Path needs to tread carefully with address book and personal data of its users; <a href="http://allthingsd.com/20130201/path-settles-with-ftc-over-alleged-coppa-violations/">Path settled with the Federal Trade Commission</a> earlier this year, after allegedly violating COPPA regulations on collecting user data from individuals under 13 years old.</p>
<p>Facebook confirmed to <strong>AllThingsD</strong> that it had cut off its &#8220;Find Friends&#8221; access to Path at the moment, but emphasized that users can still syndicate content from Path back to Facebook. Facebook did not address whether the restriction came as a result of Path&#8217;s recent spamming accusations, and Morin told me he didn&#8217;t know why Facebook chose to cut him off when it did.</p>
<p>&#8220;We certainly hope that Facebook allows users to connect with their friends on Path and with any other partner applications in the future,&#8221; Morin said.</p>
<p>Morin, who is a former Facebook employee, seemed to shrug off his relationship problems with the social networking giant. Along with Path&#8217;s rapid growth, Morin said, engagement is higher than ever, and Facebook&#8217;s &#8220;Find Friends&#8221; feature contributed to less than 5 percent of new user connections on Path. What&#8217;s more, he added, Path&#8217;s most recent update added the ability to find friends from a user&#8217;s Gmail and Twitter accounts &#8212; through a new partnership with Twitter &#8212; effectively supplanting the loss of Facebook&#8217;s social graph. </p>
<p>Morin also maintained in an interview that the host of growth-promoting features have been introduced at the request of the users, who have sometimes found other ways to connect to outsiders and promote Path &#8212; ways which weren&#8217;t originally incorporated into the service. &#8220;We’ve learned that if users want to do something, we just want to get out of their way and let them do it,&#8221; he said.</p>
<p>&#8220;Look at the one-star reviews in the App Store,&#8221; Morin said. &#8220;Making it easier for people to find friends and help them connect on Path is one of our more common requests.&#8221;</p>
<p>It&#8217;s legitimate to cater to user requests, of course, if that&#8217;s all Path has been doing. &#8220;The more tools we give people to invite friends, doesn’t mean they will all join,&#8221; Morin said. &#8220;The limit of 150 friends in particular actually encourages a thoughtful sort of curation,&#8221; he said.</p>
<p>But given the company&#8217;s most aggressive pushes yet to expand the service, there&#8217;s likely more playing into this than simply user demand.</p>
<p>After three years, for example, with upward of $50 million in venture capital raised from every big venture firm and notable angel investor in the Valley, Path is under intense pressure to show what it has achieved with all its efforts. <a href="http://allthingsd.com/20130306/path-hires-ex-google-lytro-finance-head-as-new-cfo/">Until recently</a>, the company has also not yet presented much of a monetization model.</p>
<p>So perhaps when you&#8217;re touting a <a href="http://allthingsd.com/20120415/confirmed-redpoint-leads-40m-funding-round-for-path/">valuation in the hundreds of millions</a>, a strictly &#8220;personal network&#8221; just isn&#8217;t enough.</p>
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		<title>Go Far West, Young Startup: SoftBank Capital and Yahoo Japan in $20M Fund to Bring U.S. Entrepreneurs There</title>
		<link>http://allthingsd.com/20130424/go-far-west-young-startup-softbank-capital-and-yahoo-japan-in-20m-fund-to-bring-u-s-entrepreneurs-there/</link>
		<comments>http://allthingsd.com/20130424/go-far-west-young-startup-softbank-capital-and-yahoo-japan-in-20m-fund-to-bring-u-s-entrepreneurs-there/#comments</comments>
		<pubDate>Wed, 24 Apr 2013 19:00:58 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Commerce]]></category>
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		<guid isPermaLink="false">http://allthingsd.com/?p=315028</guid>
		<description><![CDATA[Breaking into the Asian market is not easy.]]></description>
				<content:encoded><![CDATA[<p><a href="http://allthingsd.com/files/2013/04/keep-calm-and-visit-japan-5-feature.png"><img src="http://allthingsd.com/files/2013/04/keep-calm-and-visit-japan-5-feature-380x285.png" alt="keep-calm-and-visit-japan-5-feature" width="380" height="285" class="alignright size-medium wp-image-315044" /></a></p>
<p>SoftBank Capital and Yahoo Japan said they had created an unusual $20 million fund to help U.S. startups break into the Japanese market, while also upping a presence in the U.S. </p>
<p>The partnership between Japan&#8217;s largest Internet company &#8212; which is also a joint venture with Yahoo &#8212; and the venture arm of the giant SoftBank Corp. will invest in companies from early-stage funding to later-stage expansion and focus on mobile applications, social media, e-commerce, online advertising, gaming and cloud computing.</p>
<p>The new funds for that are being put into SoftBank Capital&#8217;s $100 million Technology Fund &rsquo;10. As part of the deal, Toshiaki Chiku will become head of U.S. operations in Manhattan. SoftBank Capital also recently announced a $250 million PrinceVille Fund, aimed at growth-stage startups in Asia.</p>
<p>Among the firm&#8217;s recent exits: Bluefin Labs went to Twitter, Buddy Media to Salesforce.com, Huffington Post to AOL, Hyperpublic to Groupon and OMGPOP to Zynga.</p>
<p>Now, it will be focusing even more on helping U.S. startups in Asia.</p>
<p>&#8220;Japan can be challenging for many U.S. companies, and given our scale and affiliation with SoftBank Corp., we&#8217;re in a great position to help them grow and succeed,&#8221; said Chiku in a statement.</p>
<p>SoftBank Capital and Yahoo Japan used performance display advertising company Criteo as an example of a successful investment, in which it also helped the company enter the Asian market (although, technically, Criteo is HQed in France).</p>
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		<title>Evernote's Phil Libin Talks About Global Expansion, Google Incursion and More! (Video)</title>
		<link>http://allthingsd.com/20130410/evernotes-phil-libin-talks-about-global-expansion-google-incursion-and-more-video/</link>
		<comments>http://allthingsd.com/20130410/evernotes-phil-libin-talks-about-global-expansion-google-incursion-and-more-video/#comments</comments>
		<pubDate>Wed, 10 Apr 2013 18:32:42 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://allthingsd.com/?p=310730</guid>
		<description><![CDATA[Take note!]]></description>
				<content:encoded><![CDATA[<p><a href="http://allthingsd.com/files/2013/04/IMG_4336.jpg"><img src="http://allthingsd.com/files/2013/04/IMG_4336-380x285.jpg" alt="IMG_4336" width="380" height="285" class="alignright size-medium wp-image-310731" /></a></p>
<p>Last week, I motored on down to Evernote&#8217;s spanking (and quite delightful) new offices in Redwood City, Calif., to talk to Phil Libin, its CEO and co-founder, about what has been happening of late at the popular note-taking software startup.</p>
<p>Things have recently been made more interesting with the entry of search giant Google into the sector, with a renewed competing mobile app effort called Keep (which is really a version of its older Notebook offering) for the Android mobile operating system. </p>
<p>Libin seemed sanguine about the move, noting that Evernote&#8217;s Android app has a much better user base than Keep. Instead, he said that the company &#8212; which has <a href="http://allthingsd.com/20121130/evernote-closes-85-million-round/">attracted about $250 million in total funding</a> that has valued it at <a href="http://allthingsd.com/20120503/phil-libin-and-the-refusal-to-pivot-evernote-now-valued-at-1-billion/">close to $2 billion</a> &#8212; is more focused on bringing out new versions of Evernote, which allow a user to save text, Web links, photos and more, as well as on continuing to widen its productivity-app portfolio.</p>
<p>Also a priority is a recently launched <a href="http://allthingsd.com/20121204/going-beyond-personal-productivity-evernote-launches-app-for-businesses/">premium, business-oriented version</a> of Evernote, as well as even more international expansion, which makes up an increasingly large part of its user base of 45 million (a small number of whom currently pay to upgrade).</p>
<p>Libin talked about all this and more, including continuing to tout his &#8220;100-year&#8221; strategy for the company (it&#8217;s good to plan ahead!) in this video interview:</p>
<p><div class="video-wsj"><object width="640" height="360"><param name="movie" value="http://s.wsj.net/media/swf/microPlayer.swf"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><param name="flashvars" value="videoGUID=189624A2-E9AA-4464-AB85-922BD1870FE7&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/"name="microflashPlayer"></param><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={189624A2-E9AA-4464-AB85-922BD1870FE7}&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="640" height="360" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></object></p>
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		<title>Eventbrite Hires CFO in Expansion of Top Exec Ranks</title>
		<link>http://allthingsd.com/20130402/eventbrite-hires-cfo-in-expansion-of-top-exec-ranks/</link>
		<comments>http://allthingsd.com/20130402/eventbrite-hires-cfo-in-expansion-of-top-exec-ranks/#comments</comments>
		<pubDate>Tue, 02 Apr 2013 17:00:41 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[General]]></category>
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		<guid isPermaLink="false">http://allthingsd.com/?p=308320</guid>
		<description><![CDATA[In its first C-level hire from outside the company, Eventbrite has brought in experienced finance exec Mark Rubash as CFO.]]></description>
				<content:encoded><![CDATA[<p><a href="http://allthingsd.com/files/2013/04/Mark-J-Rubash.jpg"><img src="http://allthingsd.com/files/2013/04/Mark-J-Rubash.jpg" alt="Mark J Rubash" width="193" height="270" class="alignright size-full wp-image-308321" /></a></p>
<p>In its first C-level hire from outside the company, Eventbrite has brought in experienced finance exec Mark Rubash as CFO. The San Francisco-based self-service ticketing platform has hired the former Shutterfly CFO &#8212; who also held top finance jobs at eBay and Yahoo &#8212; to focus on scaling and expanding its business model and global growth.</p>
<p>And while CEO and co-founder Kevin Hartz declined to say in an interview whether the move was Eventbrite&#8217;s first major step toward a possible IPO, he did underscore the need to gird the company&#8217;s management for future expansion.</p>
<p>Recently, the company said it had sold $1.5 billion in gross ticket sales since it was founded five years ago, with total tickets sold topping 100 million. Eventbrite said that it had sold $600 million of that in 2012 alone, hawking 36 million tickets in 179 countries for such events as San Francisco&#8217;s iconic Bay to Breakers footrace.</p>
<p>That kind of hypergrowth requires some more experienced management, &#8220;independent of any public offering process,&#8221; said Hartz.</p>
<p>&#8220;We had an opportunity to bring in a great operator to help us become a multi-category e-commerce marketplace,&#8221; he said. &#8220;Mark has deep experience in building marketplaces of buyers and sellers.&#8221;</p>
<p>Indeed. At eBay, Rubash had global purview over eBay finance, investor relations, accounting and more, while he ran Yahoo&#8217;s global finance for its paid search, display advertising and e-commerce units. He has also worked at PricewaterhouseCoopers, and at companies such as HeartFlow, Rearden Commerce and Critical Path.</p>
<p>&#8220;It&#8217;s a real alignment of what I am passionate about, with a team I really enjoy,&#8221; said Rubash. &#8220;With the mass of transactions growing on a global basis at Eventbrite, it&#8217;s the kind of challenge that is really hard to resist.&#8221;</p>
<p>Eventbrite&#8217;s investors include Tiger Global, Sequoia Capital, DAG Ventures and Tenaya Capital, with about <a href="http://allthingsd.com/20110518/thats-the-ticket-eventbrite-scores-50-million/">$80 million in funding raised</a> since 2006.</p>
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		<title>Confirmed: Pinterest Completes $200 Million Funding at $2.5 Billion Valuation</title>
		<link>http://allthingsd.com/20130220/exclusive-pinterest-complete-200-million-funding-at-2-5-billion-valuation/</link>
		<comments>http://allthingsd.com/20130220/exclusive-pinterest-complete-200-million-funding-at-2-5-billion-valuation/#comments</comments>
		<pubDate>Wed, 20 Feb 2013 23:17:57 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Commerce]]></category>
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		<category><![CDATA[Valiant Capital Management]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=296713</guid>
		<description><![CDATA[Pin that!]]></description>
				<content:encoded><![CDATA[<p><a href="http://allthingsd.com/files/2013/02/8075095193_2fb31b2ce8_b.jpeg"><img src="http://allthingsd.com/files/2013/02/8075095193_2fb31b2ce8_b-380x285.jpeg" alt="8075095193_2fb31b2ce8_b" width="380" height="285" class="alignright size-medium wp-image-296762" /></a></p>
<p>Pinterest, the popular social scrapbooking site, has completed a massive $200 million funding, which values the company at $2.5 billion, according to sources close to the situation.</p>
<p>There have been <a href="http://online.wsj.com/article/SB10001424127887324900204578286274194291126.html">reports that the funding was coming</a>, but now it is done, in a round led by Valiant Capital Management. Existing investors, including Andreessen Horowitz, Bessemer Venture Partners and FirstMark Capital also participated.</p>
<p><strong>Update</strong>: Pinterest confirmed the funding and released this statement from CEO Ben Silbermann: &#8220;Our focus is on helping millions of people discover things they love and get inspiration to go do those things in their life. This investment gives us more resources to help realize that vision.&#8221;</p>
<p>Pinterest&#8217;s last round was in May of 2012, when it raised $100 million from Japanese e-commerce firm Rakuten.</p>
<p>It&#8217;s likely that the San Francisco-based Pinterest will use the money for further product development, as well as to accelerate international expansion, to further expand the scope of its impact and reach.</p>
<p>While it sounds too simple to be so valuable, consumers have flocked to the free site on which they &#8220;pin&#8221; photos of their interests and share them widely. Usage has exploded and has also become an increasingly key driver of traffic across the Web.</p>
<p>It now has close to 50 million unique monthly users worldwide and has quintupled its employees to 100 in the last year. </p>
<p>Such growth has become invaluable to many doing business across the Web. </p>
<p>As an <a href="http://online.wsj.com/article/SB10001424127887324900204578286274194291126.html">article in The Wall Street Journal</a>, which had also flagged funding efforts, recently noted:</p>
<blockquote class="memo"><p>Businesses said they also have gravitated to Pinterest because &#8220;pinned&#8221; content has a different life cycle than what is posted on Facebook and Twitter. Brian Madden. executive director of social media for Hearst Corp.&#8217;s Hearst Digital Media, said content that Hearst puts onto Pinterest can resurface months later when people continue to discover it. In contrast, posts on Facebook and Twitter tweets produce &#8220;a lot of initial interaction&#8221; before fading.</p>
<p>&#8220;The longevity of content [on Pinterest] is very valuable to us,&#8221; said Mr. Madden. He adds that in December, Hearst got more online traffic through Pinterest than Facebook and Twitter combined. Overall, 3% to 5% of traffic to Hearst&#8217;s various brands was through Pinterest that month, with about 1.5% from Facebook and 1.5% from Twitter, Hearst said.</p></blockquote>
<p>I have a call into Pinterest and await confirmation about the funding.</p>
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		<title>Home-Remodeling App Houzz Brings Home $35 Million</title>
		<link>http://allthingsd.com/20130129/home-remodeling-app-houzz-brings-home-35-million/</link>
		<comments>http://allthingsd.com/20130129/home-remodeling-app-houzz-brings-home-35-million/#comments</comments>
		<pubDate>Tue, 29 Jan 2013 12:30:01 +0000</pubDate>
		<dc:creator>Lauren Goode</dc:creator>
				<category><![CDATA[General]]></category>
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		<category><![CDATA[Houzz]]></category>
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		<guid isPermaLink="false">http://allthingsd.com/?p=289191</guid>
		<description><![CDATA[Houzz is an app that A) you likely browse while in lying bed late at night, B) is a habit you hide from your spouse, C) is allowed in Apple's App Store, D) all of the above.]]></description>
				<content:encoded><![CDATA[<p>Houzz, the home-decorating website with a rap-worthy name, has raised a big chunk of change to further expand the site and its growing mobile apps.  </p>
<p><a href="http://allthingsd.com/files/2013/01/HouzzArt1.jpg"><img src="http://allthingsd.com/files/2013/01/HouzzArt1-380x258.jpg" alt="Houzz Art" width="380" height="258" class="alignright size-medium wp-image-289226" /></a></p>
<p>The Bay Area-based start-up has raised $35 million from existing investor Alfred Lin of Sequoia Capital, and a new group of investors that include Yammer founder David Sacks, Kleiner Perkins&#8217;s Mary Meeker, NEA and GGV capital. The funds come just about a year <a href="http://allthingsd.com/20111219/exclusive-houzz-brings-home-11-6-million-in-series-b-funding/">after the company raised $11.6 million in a Series B round</a>. </p>
<p>Houzz co-founder Adi Tatarko says the company plans to put most of the money toward hiring. </p>
<p>Houzz, in case you&#8217;re not familiar with the site, is like home porn for those looking for decoration inspiration, or for people who like to build Houzz &#8220;ideabooks&#8221; and fantasize about one day moving out of a cramped New York City apartment to a place you can actually paint &#8230; not that that&#8217;s from experience. </p>
<p>It also acts as a marketplace for connecting homeowners with designers and contractors who have posted their own portfolios and compete for jobs. (For a glimpse of the house that inspired Houzz, <a href="http://www.nytimes.com/2012/03/22/garden/the-home-that-inspired-the-web-site-houzz.html?pagewanted=all&amp;_r=0">check out this story</a>.)</p>
<p><a href="http://allthingsd.com/files/2013/01/HouzzSite1.jpg"><img src="http://allthingsd.com/files/2013/01/HouzzSite1-380x227.jpg" alt="HouzzSite1" width="380" height="227" class="alignleft size-medium wp-image-289227" /></a></p>
<p>In fact, in addition to the funding announcement today, Houzz is formally rolling out a premium service for contractors, called Pro+, where professionals can pay to have their services better marketed on the website. </p>
<p>Houzz claims it has over 160,000 professionals that interact regularly with Houzz consumers, of which there are around 11 million. Currently Houzz is available in most metro areas in the U.S. and Canada, but has been slowly expanding to other parts of the world. </p>
<p>Last month, Houzz released an Android app as well as some interesting statistics about the growth seen on mobile. Year over year, the company saw a 400 percent increase in mobile downloads, topping 5 million, with the majority of mobile activity occurring on iPads. Also, seems I&#8217;m not alone in my fantasy home-browsing: Houzz has said 9 o&#8217;clock at night is the peak time for Houzz mobile usage. </p>
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		<title>OpenX Raises $22.5 Million in Round Led by Samsung Venture Unit</title>
		<link>http://allthingsd.com/20130117/openx-raises-22-5-million-in-round-led-by-samsung-venture-unit/</link>
		<comments>http://allthingsd.com/20130117/openx-raises-22-5-million-in-round-led-by-samsung-venture-unit/#comments</comments>
		<pubDate>Thu, 17 Jan 2013 12:00:22 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://allthingsd.com/?p=286319</guid>
		<description><![CDATA[More funding for the Los Angeles-based online advertising technology upstart.]]></description>
				<content:encoded><![CDATA[<p><a href="http://allthingsd.com/files/2013/01/OpenX_trans.png"><img src="http://allthingsd.com/files/2013/01/OpenX_trans-380x285.png" alt="OpenX_trans" width="380" height="285" class="alignright size-medium wp-image-286400" /></a></p>
<p>OpenX Software said it had raised $22.5 million in a Series E funding round, with Samsung Venture Investment Corporation as lead investor.</p>
<p>All told, the Los Angeles-based <a href="http://allthingsd.com/20120213/ceo-tim-cadogan-talks-about-openxs-first-profitable-quarter-and-where-ad-tech-is-going-next-video/">online advertising technology company</a> has raised $70 million. Along with Samsung, existing investors &#8212; Accel Partners, Index<br />
Ventures, SAP Ventures, Mitsui &amp; Co. Global Investment, Inc. and Presidio Ventures &#8212; were also part of the new round.</p>
<p>&#8220;We have been building the company to continue to grow,&#8221; said OpenX CEO Tim Cadogan, who noted that the company had doubled its size and revenue in the last year. The company now has 260 employees.</p>
<p>He said that OpenX had a partnership with Samsung that it evolved into a financial arrangement to bring the Korean electronics giant &#8220;a little closer to the company.&#8221;</p>
<p>Cadogan said the new funding would be used for acquisitions and other expansion, especially into mobile, as it competes with rivals such as search giant Google.</p>
<p>&#8220;We are building a truly viable revenue program that goes across screens,&#8221; he said, pointing to two recent strategic acquisitions &#8212; LiftDNA and JumpTime.</p>
<p>Samsung&#8217;s Brannon Lacey said the company invested in OpenX because it was pioneering in the space. &#8220;As an investor, it is a fragmented market and there will be consolidation,&#8221; he said. &#8220;And OpenX is best positioned for that.&#8221;</p>
<p>OpenX said that it had grown its transactions from one trillion to four trillion from 2011 to 2012.</p>
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		<title>After Pinterest, Japan's Rakuten Makes Another U.S. E-Commerce Investment -- This Time in Daily Grommet</title>
		<link>http://allthingsd.com/20120917/after-pinterest-japans-rakuten-makes-another-u-s-e-commerce-investment-this-time-in-daily-grommet/</link>
		<comments>http://allthingsd.com/20120917/after-pinterest-japans-rakuten-makes-another-u-s-e-commerce-investment-this-time-in-daily-grommet/#comments</comments>
		<pubDate>Mon, 17 Sep 2012 13:01:34 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Commerce]]></category>
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		<guid isPermaLink="false">http://allthingsd.com/?p=250495</guid>
		<description><![CDATA[Are you ready for "Citizen Commerce"?]]></description>
				<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20120917/after-pinterest-japans-rakuten-makes-another-u-s-e-commerce-investment-this-time-in-daily-grommet/319-a-letterhead/" rel="attachment wp-att-251086"><img src="http://allthingsd.com/files/2012/09/DailyGrommetFINAL2-copy-380x162.jpg" alt="" title="319 A letterhead" width="380" height="162" class="alignright size-medium wp-image-251086" /></a></p>
<p>Rakuten, the Japanese e-commerce giant which <a href="http://allthingsd.com/20120822/rakutens-ceo-mikitani-talks-about-future-of-e-commerce-and-why-he-made-that-50-million-pinterest-bet-video/">recently made a $50 million investment in Pinterest</a>, is making another online retail bet on <a href="http://www.dailygrommet.com/">Daily Grommet</a>.</p>
<p>Rakuten will be the lead investor in a Series B round for the Lexington, Mass.-based online marketplace, whose motto is &#8220;fresh finds, true stories.&#8221; The site highlights a new daily product by featuring it with a story about its origin.</p>
<p>Daily Grommet said it would use the new funding for expansion. It declined to say how much Rakuten is investing, but the start-up has raised about $6 million since its launch in 2008.</p>
<p>Both Daily Grommet and Rakuten have focused on linking small and medium retailers directly with consumers, using discovery and social tools and large marketplaces. Daily Grommet was already working with Rakuten&#8217;s U.S.-based Buy.com site.</p>
<p>Since its start, Daily Grommet has featured about 1,000 unusual products, dubbing its platform &#8220;Citizen Commerce.&#8221;</p>
<p>That is more than just a catchy buzzword, said Jules Pieri, co-founder and CEO of Daily Grommet, which she likens to a Kickstarter for products.</p>
<p>&#8220;We are combining Main Street store shopping and journalism, trying to help products succeed and de-risk them by building distribution and awareness,&#8221; she said, noting Daily Grommet operates with the same motto of Buy.com that you buy from people and not the Internet.</p>
<p>Rakuten CEO Hiroshi Mikitani said he was attracted to this concept of making online retail more personal and informational than transactional.</p>
<p>&#8220;[Daily Grommet] has a higher mission,&#8221;  he said. &#8220;We think creative curation and discovery are very important.&#8221;</p>
<p>Here&#8217;s the official press release about the investment:</p>
<blockquote class="memo"><p><strong>DAILY GROMMET ANNOUNCES SERIES B FUNDING LED BY JAPANESE E-COMMERCE COMPANY, RAKUTEN</p>
<p>Investment Builds on Both Companies&#8217; Missions to Empower Small to Medium Businesses to Connect Directly with Consumers via Discovery Shopping and Personal Interactions</p>
<p>Lexington, MA; September 17, 2012 &#8211;</strong> Daily Grommet, an online shopping site and marketing platform for innovative and undiscovered products, today announces a round of Series B funding led by Rakuten, one of the world&#8217;s largest online marketplaces. Daily Grommet plans to use the capital to further expand its highly curated e-commerce site and product launch platform.  </p>
<p>Together, the companies provide significant benefits to one another, as Daily Grommet will allow Rakuten to advance its sourcing, curation, and storytelling capabilities and deepen consumer connections to its merchant partners. Daily Grommet has gained a large and influential following because of its proven ability to expertly source and vet high potential unknown products.  Since its launch in 2008, over 1,000 products and emerging companies have been featured on DailyGrommet.com, many of which have become household names. The company’s &#8220;Citizen Commerce&#8221; movement creates connections between inventors and consumers, by enabling product purchases that express powerful contemporary values around sustainability, quality, technology and social enterprise.</p>
<p>&#8220;Tens of thousands of new products are launched in the U.S. every year, so it&#8217;s not hard to believe that many go unnoticed or are simply hard to find,&#8221; said Jules Pieri, co-founder and CEO of Daily Grommet. &#8220;Our goal is to bridge the gap between traditional marketing and e-commerce by connecting inventors and undiscovered companies with consumers. Their stories are heroic and inspiring and we succeed at leveling the playing field, so the best products and companies can win, not just the biggest ones. Championing the independent creator builds great trust within our community. Working with Rakuten, with its longstanding empowerment mission, will allow both of our businesses to share knowledge and collaborate on product discovery, disrupting and improving the tired old ways of launching products.&#8221;</p>
<p>Daily Grommet, with its online editorial and video capability, showcasing the story around a particular product, has already been proven complementary to Rakuten&#8217;s Buy.com site, as the two have worked together to help expand Daily Grommet’s reach.  </p>
<p>Daily Grommet began using Pinterest in mid-2011 as an extension of its community sourcing for high-quality Grommet submissions. Usage of the &#8220;Finds YOU want to see featured on Daily Grommet&#8221; Pinboard continues to rise rapidly and consistently represents one of Daily Grommet&#8217;s top referral sources. In May 2012 Rakuten led a strategic round of investment in Pinterest.</p>
<p>&#8220;Our investment in Daily Grommet supports our overall global strategy of creating an enhanced consumer experience in e-commerce,&#8221; said Hiroshi Mikitani, CEO of Rakuten. &#8220;Particularly in light of our recent Pinterest investment, we’re excited to be working with a company that shares our view of curating new, innovative and unique products across the web and the world. Daily Grommet is a perfect fit with the Rakuten family, as its team has shown great vision and passion for launching undiscovered products and companies.  Our core business model of empowering merchants aligns perfectly with the goals and vision of Daily Grommet.&#8221;</p></blockquote>
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		<title>In Major Expansion, Kno Adds K-12 to Digital Education Platform (Video)</title>
		<link>http://allthingsd.com/20120806/in-major-expansion-kno-adds-k-12-to-digital-education-platform-video/</link>
		<comments>http://allthingsd.com/20120806/in-major-expansion-kno-adds-k-12-to-digital-education-platform-video/#comments</comments>
		<pubDate>Tue, 07 Aug 2012 04:00:03 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://allthingsd.com/?p=238514</guid>
		<description><![CDATA[Tired of kids carrying home a backpack full of heavy books? Kno knows their pain.]]></description>
				<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20120806/in-major-expansion-kno-adds-k-12-to-digital-education-platform-video/kno-evolve-logo/" rel="attachment wp-att-238515"><img src="http://allthingsd.com/files/2012/08/Kno-Evolve-Logo-340x285.png" alt="" title="Kno Evolve Logo" width="340" height="285" class="alignright size-medium wp-image-238515" /></a></p>
<p>In a big leap into a new but adjacent market, Silicon Valley digital education start-up Kno said it is entering the K-12 space, expanding from its college-only focus.</p>
<p>Its first step will be a partnership with major textbook publisher Houghton Mifflin Harcourt, which provides nearly half of such content aimed at children from kindergarten through high school.</p>
<p>Enhanced digital versions of those textbooks cost $9.99 or less &#8212; Kno gets a piece of each sale &#8212; and can be used via an Apple iPad app and also on the Web. Kno said its platform will also be available soon on Google Android and Microsoft Windows 7.</p>
<p>I did a video interview today with Kno co-founder and CEO Osman Rashid at the global HQ of <strong>All Things Digital</strong> about the effort, which is a big jump for the company that started off trying to make its own tablet device.</p>
<p>Armed with a pile of venture funding, it has pivoted drastically &#8212; Apple and then Google <a href="http://allthingsd.com/20110221/exclusive-kno-student-tablet-start-up-in-talks-to-sell-off-tablet-part-of-business/">completely blew its stillborn hardware efforts up</a> &#8212; into creating an educational software platform. </p>
<p>The Santa Clara, Calif.-based company has raised about $70 million from a range of prominent backers such as Andreessen Horowitz and First Round Capital, along with investors Mike Maples and Ron Conway.</p>
<p>It&#8217;ll need more deals to make up that tall valuation, of course. Kno said hopes to strike similar deals with the two other big textbook publishers, McGraw-Hill and Pearson, so it can offer most of the books used by schoolchildren.</p>
<p>It&#8217;s definitely an interesting time for electronic books in general and the education market in particular, as many efforts are being made to provide all kinds of educational tools online. </p>
<p>The e-book arena here is increasingly competitive, with big companies such as Amazon and even Apple interested in the important space.</p>
<p>Here&#8217;s my chat with Rashid about it all, as well as some screenshots of the new offering:</p>
<p><div class="video-wsj"><object width="640" height="360"><param name="movie" value="http://s.wsj.net/media/swf/microPlayer.swf"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><param name="flashvars" value="videoGUID=F20A4879-0BD4-4E7B-A5FC-3CF88C708BD5&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/"name="microflashPlayer"></param><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={F20A4879-0BD4-4E7B-A5FC-3CF88C708BD5}&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="640" height="360" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></object></p>
<p><a href="http://allthingsd.com/20120806/in-major-expansion-kno-adds-k-12-to-digital-education-platform-video/video-2/" rel="attachment wp-att-238516"><img src="http://allthingsd.com/files/2012/08/Video-640x853.png" alt="" title="Video" width="640" height="853" class="aligncenter size-Hero wp-image-238516" /></a></p>
<p><a href="http://allthingsd.com/20120806/in-major-expansion-kno-adds-k-12-to-digital-education-platform-video/pen-layer/" rel="attachment wp-att-238517"><img src="http://allthingsd.com/files/2012/08/Pen-Layer-640x853.png" alt="" title="Pen Layer" width="640" height="853" class="aligncenter size-Hero wp-image-238517" /></a><a href="http://allthingsd.com/20120806/in-major-expansion-kno-adds-k-12-to-digital-education-platform-video/3d-2/" rel="attachment wp-att-238518"><img src="http://allthingsd.com/files/2012/08/3D-640x853.png" alt="" title="3D" width="640" height="853" class="aligncenter size-Hero wp-image-238518" /></a></p>
<p>And here&#8217;s the official press release:</p>
<blockquote class="memo"><p><strong>KNO LAUNCHES K-12 DIGITAL TEXTBOOKS, EMPOWERING PARENTS </p>
<p>TO GO DIGITAL AT HOME</p>
<p>Houghton Mifflin Harcourt and Kno Partner to Introduce Enhanced K-12 Content at Introductory Rental Prices From $9.99 or Less</p>
<p>Santa Clara, CA &#8212; August 7, 2012 &#8211;</strong> Kno, a pioneer in education software, today announced that the company is entering the K-12 education market through a new partnership agreement with global education leader Houghton Mifflin Harcourt [HMH]. Previously only available to college students, Kno will offer interactive K-12 textbooks for the iPad, the Web, Android and Windows 7. </p>
<p>The agreement marks a turning point for elementary and secondary education by giving children and parents the resources and power to supplement classroom learning through enhanced digital content at home. Just in time for the back-to-school season, parents can now rent digital textbooks for their children, including subjects aligned with Common Core standards, for a one-year rental rate of $9.99 or less per book.</p>
<p>&#8220;Even if the schools have not adopted digital textbooks, we wanted to give parents the option to have their kids&#8217; same textbooks available at home,&#8221; said Osman Rashid, CEO and Co-Founder of Kno, Inc. &#8220;With digital books priced at $9.99 or below, parents can now finally stop their kids from carrying their heavy backpacks to and from school for less than $60 for the school year by supplementing classroom materials with interactive textbooks that can be used at home and on the go.&#8221; </p>
<p>The Kno digital textbook app is available today for the iPad and Web and will be available for Android tablets and Windows 7 in time for back to school. With Kno’s app, parents can enhance their children&#8217;s learning experience with more than 70 interactive features that bring academic content to life, making learning more engaging and fun. All of the app&#8217;s features are engineered to help students retain information more easily and ultimately help improve their grades and comprehension of material. </p>
<p>&#8220;By offering digital access to enhanced K-12 content on the go and at home, this collaboration will empower parents to get more involved in their children’s education. We know parental involvement is an important factor in student achievement, and we’re proud to be the first content provider to bring Kno’s technology to the K-12 world,&#8221; said Tim Cannon, Executive Vice President of Strategy and Alliances for HMH. &#8220;HMH aims to make quality content available to the widest possible audience with the mission of changing people&#8217;s lives by fostering passionate, curious learners. This partnership with Kno supports that goal.&#8221;</p>
<p>The interactive features that allow students to engage with the content better and study more efficiently include:</p>
<p>* A digital Journal that automatically saves a student&#8217;s notes and highlights them in a study notebook.</p>
<p>* Automatic Flash Cards of key terms in a book to help students study more efficiently and better retain information.</p>
<p>* 3D models that bring difficult chemistry concepts to life to make them easier to understand.</p>
<p>* Quiz Me feature, which automatically turns any diagram in a book into a multiple choice quiz for easy self-quizzing before tests.</p>
<p>* SmartLinks that deliver instructional videos, images, and photos to formulas and concepts in a textbook in real-time for easy reference.</p>
<p>* Coming soon, an analytics feature that will enable active engagement between parents and students to better measure reading progress.</p></blockquote>
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		<title>Roku Nabs $45 Million From News Corp., BSkyB in Strategic Investment</title>
		<link>http://allthingsd.com/20120725/roku-nabs-45-million-from-news-corp-bskyb-in-strategic-investment/</link>
		<comments>http://allthingsd.com/20120725/roku-nabs-45-million-from-news-corp-bskyb-in-strategic-investment/#comments</comments>
		<pubDate>Thu, 26 Jul 2012 06:00:14 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Mobile]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Andrew Griffith]]></category>
		<category><![CDATA[Anthony Wood]]></category>
		<category><![CDATA[British Sky Broadcasting]]></category>
		<category><![CDATA[BSkyB]]></category>
		<category><![CDATA[California]]></category>
		<category><![CDATA[consumer electronics]]></category>
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		<category><![CDATA[Globespan Capital Partners]]></category>
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		<category><![CDATA[Jon Miller]]></category>
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		<category><![CDATA[News Corp.]]></category>
		<category><![CDATA[press release]]></category>
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		<category><![CDATA[streaming]]></category>
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		<guid isPermaLink="false">http://allthingsd.com/?p=234125</guid>
		<description><![CDATA[Big money for a little device.]]></description>
				<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20120725/roku-nabs-45-million-from-news-corp-bskyb-in-strategic-investment/roku_logo_white_on_purple/" rel="attachment wp-att-234141"><img src="http://allthingsd.com/files/2012/07/Roku_logo_white_on_purple.jpeg" alt="" title="Roku_logo_white_on_purple" width="359" height="154" class="alignright size-full wp-image-234141" /></a></p>
<p>Roku, the maker of a nifty device that plays a variety of content over televisions, is getting $45 million in a new round of investment from News Corp. and British Sky Broadcasting. (News Corp. owns this Web site.)</p>
<p>Current investors Menlo Ventures and Globespan Capital Partners will also be part of the new funding.</p>
<p>The company did not disclose the new valuation with the new investment. It has previously raised $22.4 million, including from Netflix.</p>
<p>The investments by News Corp. and BSkyB, in which the media giant owns about 40 percent, are separate. There is also another unnamed investor in the round.</p>
<p>As part of the deal, News Corp.&#8217;s Chief Digital Officer Jon Miller will be joining the board. </p>
<p>The money will be used for expansion, as well as for other initiatives, the Saratoga, Calif.-based Roku said.</p>
<p>It also said it will be launching the Roku Streaming Stick this fall, which it previously announced. It is a &#8220;wireless, dongle-sized streaming device that seamlessly integrates with newer TVs and consumer electronics devices. The streaming stick is Roku&#8217;s first step in expanding its platform from streaming players to Smart TVs and other devices connected to the TV.&#8221;</p>
<p>Here&#8217;s the official press release that is just going out:</p>
<blockquote class="memo"><p><strong>Roku Raises $45 Million from News Corporation, BSkyB and Others<br />
Strategic Round Underscores Roku&#8217;s Platform Lead as Content Distribution Moves to Internet</p>
<p>Saratoga, Calif. &#8212; July 26, 2012 </strong> Roku Inc. today announced it has received a $45 million strategic investment. News Corporation, British Sky Broadcasting (BSkyB), prior Roku venture investors Menlo Ventures and Globespan Capital Partners as well as an unnamed strategic investor joined the round. The new relationships include both financial backing and business agreements that demonstrate the industry&#8217;s confidence in Roku as the distribution platform to bring streaming entertainment to mainstream consumers.</p>
<p>Roku will use the new capital to build further brand awareness through advertising, develop new international markets, and increase engineering and production to support sales growth of both hardware and digital media services on the platform including advertising, games, transactional and pay-per-view video as well as content packages. In addition to its line of popular and award-winning Roku streaming players, the company will launch the Roku Streaming Stick this fall &#8212; a wireless, dongle-sized streaming device that seamlessly integrates with newer TVs and consumer electronics devices. The streaming stick is Roku&#8217;s first step in expanding its platform from streaming players to Smart TVs and other devices connected to the TV.</p>
<p>&#8220;We have watched Roku maintain market leadership since the launch of its streaming platform four years ago and we look forward to deepening our relationship, having already worked closely together on the launch of several products,&#8221; said News Corporation Chief Digital Officer Jon Miller. &#8220;Roku&#8217;s significant technology advantage, coupled with a strong market position, places them in a unique position to be an integral part of the television landscape for years to come.&#8221;</p>
<p>&#8220;We&#8217;re delighted to have entered into this strategic relationship with Roku. As an innovative content company we&#8217;re committed to embracing a wide range of complementary platforms to create more choice and flexibility for customers,&#8221; said BSkyB Chief Financial Officer Andrew Griffith. &#8220;Coupled with the on-going strength of satellite distribution, online and mobile help us unlock even more value for customers. Working with Roku we look forward to extending our multi-platform leadership.&#8221;</p>
<p>&#8220;Our philosophy is to give consumers the best streaming TV experience, with the most content and at the best value in the market; and it has served us well as millions of consumers have brought Roku into their homes,&#8221; said Roku Founder and Chief Executive Officer Anthony Wood. &#8220;With the News Corporation and Sky strategic relationships, we are poised to further grow our leadership position and to become the TV distribution platform of the future.&#8221;</p>
<p>Jon Miller will join the Roku Board of Directors. Anthony Wood will remain Chairman of the Board.</p></blockquote>
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		<title>Amazon Kicks Off Global Appstore Expansion, Calls for European App Submissions</title>
		<link>http://allthingsd.com/20120620/amazon-kicks-off-global-appstore-expansion-calls-for-european-app-submissions/</link>
		<comments>http://allthingsd.com/20120620/amazon-kicks-off-global-appstore-expansion-calls-for-european-app-submissions/#comments</comments>
		<pubDate>Wed, 20 Jun 2012 16:15:27 +0000</pubDate>
		<dc:creator>Mike Isaac</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[Media]]></category>
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		<category><![CDATA[Amazon]]></category>
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		<category><![CDATA[expansion]]></category>
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		<category><![CDATA[tablets]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=222278</guid>
		<description><![CDATA[Just as Tricia Duryee reported last week, Amazon opened invitations for developers across Europe to begin submitting apps for international distribution, as the company gears up for a global expansion of its Android Appstore. Developers in Italy, Spain, France, Germany, Austria and the United Kingdom are invited to participate, with plans for further expansion later in the year.]]></description>
				<content:encoded><![CDATA[<p>Just as Tricia Duryee <a href="http://allthingsd.com/20120611/amazons-appstore-to-open-internationally-this-summer-will-the-fire-follow/">reported last week</a>, Amazon opened invitations for developers across Europe to begin submitting apps for international distribution, as the company gears up for a global expansion of its Android Appstore. Developers in Italy, Spain, France, Germany, Austria and the United Kingdom are invited to participate, with plans for further expansion later in the year.</p>
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		<title>Box Expands to Europe, Hires Infrastructure VP Away From LinkedIn</title>
		<link>http://allthingsd.com/20120619/box-expands-to-europe-hires-infrastructure-vp-away-from-linkedin/</link>
		<comments>http://allthingsd.com/20120619/box-expands-to-europe-hires-infrastructure-vp-away-from-linkedin/#comments</comments>
		<pubDate>Tue, 19 Jun 2012 07:01:38 +0000</pubDate>
		<dc:creator>Arik Hesseldahl</dc:creator>
				<category><![CDATA[Enterprise]]></category>
		<category><![CDATA[General]]></category>
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		<category><![CDATA[Aaron Levie]]></category>
		<category><![CDATA[box]]></category>
		<category><![CDATA[cloud]]></category>
		<category><![CDATA[cloud computing]]></category>
		<category><![CDATA[data centers]]></category>
		<category><![CDATA[enterprise]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[expansion]]></category>
		<category><![CDATA[global]]></category>
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		<category><![CDATA[HP]]></category>
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		<guid isPermaLink="false">http://allthingsd.com/?p=221635</guid>
		<description><![CDATA[Box keeps growing, and in places where you wouldn't expect. Like Europe.]]></description>
				<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20120328/box-offers-up-its-icloud-answer-for-businesses/aaron-levie-box-onecloud/" rel="attachment wp-att-190624"><img src="http://allthingsd.com/files/2012/03/Aaron-Levie-Box-OneCloud-380x285.jpg" alt="" title="Aaron Levie Box OneCloud" width="380" height="285" class="alignright size-Featured wp-image-190624" /></a>There&#8217;s always something interesting going on at Box. Last I looked in on it, the fast-growing enterprise cloud service start-up had just <a href="http://allthingsd.com/20120306/a-visit-with-box-nets-aaron-levie-at-his-new-office-video/">moved into new headquarters</a> in Los Altos, Calif., though employees there were trying to coin the name &#8220;South Palo Alto.&#8221;</p>
<p>That issue remains tabled for now, for there are issues of a more global concern at hand. Box will today announce its first global expansion, with the opening of a new office in London and a plan to hire 100 employees across Europe by the end of next year. Greg Strickland, Box&#8217;s VP of business operations, was named to run the London office as VP of global operations.</p>
<p>It&#8217;s sort of a funny thing. While other companies complain and their executives buy antacids over their &#8220;European exposure&#8221; &#8212; stemming from the sovereign debt crisis, the troubles facing nations participating in the <a href="http://online.wsj.com/article/SB10001424052702303379204577474772933408462.html">euro currency union</a> and a regional recession that seemingly has much of the continent by the throat &#8212;  Box CEO Aaron Levie says business for Box in Europe has been solid.</p>
<p>&#8220;We&#8217;re kind of an international company by accident,&#8221; he told me by phone last week. About 40 percent of Box&#8217;s user base comes from outside the US, and much that is in Europe. The continent accounts for a &#8220;double digit percentage&#8221; of its annual revenue, he says.</p>
<p>Box is proving the relatively new adage of the cloud, that IT executives find it easy to trim their budgets by moving some services and applications to pay-as-you-go-type services in the cloud that can replace things that used to run on-premise on dedicated, underutilized hardware. &#8220;Cloud services do well in down cycles,&#8221; he says. It was true in the U.S. during 2008-10, and it&#8217;s true of Europe in 2012.</p>
<p>And it&#8217;s more than Europe. While the company doesn&#8217;t break down its business by geography, about half of its traffic comes from outside the U.S. Box now boasts 11 million individual users and 120,000 businesses, among them global players with a strong European presence like Procter &#038; Gamble and O2 Media.</p>
<p>Box also said it has expanded its strategic relationship with Palo Alto neighbor Hewlett-Packard, aimed at small and medium businesses. HP is only the biggest among Box&#8217;s several partners and investors. Salesforce.com and SAP are both investors and partners, while NetSuite is a business partner.</p>
<p><a href="http://allthingsd.com/20120619/box-expands-to-europe-hires-infrastructure-vp-away-from-linkedin/apitz/" rel="attachment wp-att-221640"><img src="http://allthingsd.com/files/2012/06/apitz.jpg" alt="" title="apitz" width="200" height="200" class="alignright size-full wp-image-221640" /></a>Separately, Box announced that it has hired LinkedIn&#8217;s <a href="http://www.linkedin.com/in/stefanapitz">Stefan Apitz</a> as its new VP of operations. Apitz was the one who oversaw LinkedIn&#8217;s infrastructure during a time when it was growing like crazy, which is exactly what Box is doing.</p>
<p>One early piece of business is already done for him: Box has just flipped the switch on a new data center capacity Las Vegas, adding to two facilities already operational in California. (Box also uses Amazon Web Services for things like fault tolerance.) They&#8217;re not Box-owned data centers &#8212; it&#8217;s not <em>that</em> big yet &#8212; but leased space in existing data centers. But Levie says a big part of Apitz&#8217;s job will be to oversee the growth in infrastructure internationally.</p>
<p>Then there&#8217;s also the murmuring in certain circles about the possibility that Box will go public in 2013. &#8220;There&#8217;s a certain amount of potential for that happening next year,&#8221; Levie told me. &#8220;But right now we&#8217;re getting as much done as we can as a private company.&#8221;</p>
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		<title>Amazon's Seattle Expansion Plans Reveal Three New Office Towers and Much More!</title>
		<link>http://allthingsd.com/20120328/amazons-seattle-expansion-plans-reveal-three-new-office-towers-and-much-more/</link>
		<comments>http://allthingsd.com/20120328/amazons-seattle-expansion-plans-reveal-three-new-office-towers-and-much-more/#comments</comments>
		<pubDate>Wed, 28 Mar 2012 16:16:05 +0000</pubDate>
		<dc:creator>Tricia Duryee</dc:creator>
				<category><![CDATA[Commerce]]></category>
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		<guid isPermaLink="false">http://allthingsd.com/?p=190832</guid>
		<description><![CDATA[Amazon revealed plans for its Seattle headquarters last night, including the construction of 3.3 million square feet of office space over the next eight years.]]></description>
				<content:encoded><![CDATA[<p>Amazon revealed plans for its Seattle headquarters last night, including the construction of 3.3 million square feet of office space over the next eight years.</p>
<p><img class="alignright size-medium wp-image-190833" title="amazon_new buildings" src="http://allthingsd.com/files/2012/03/amazon_new-buildings-298x285.jpg" alt="" width="298" height="285" />The blueprints would more than double Amazon&#8217;s current footprint in Seattle, and hints at the rapid corporate-level expansion the e-commerce company anticipates over the next decade.</p>
<p>Last month, Amazon purchased three contiguous blocks in downtown Seattle. Terms of the sale were not disclosed, but the multimillion dollar &#8212; maybe <em>billion</em>-dollar &#8212; deal will represent Amazon&#8217;s first significant land purchase, once it closes.</p>
<p>Last night, Amazon&#8217;s architects presented plans to Seattle&#8217;s review board, laying out the company&#8217;s vision for an urban campus, complete with three 37-floor office towers, an auditorium, retail space and a few shorter, six-story buildings, <a href="http://seattletimes.nwsource.com/html/businesstechnology/2017852358_amazon28.html">reports Eric Pryne</a>, a reporter at the Seattle Times, who attended the meeting.</p>
<p>A 36-page report detailing all the different layouts and scenarios can be found on the city&#8217;s Web site <a href="http://www.seattle.gov/dpd/AppDocs/GroupMeetings/DRProposal3013153AgendaID3562.pdf">here</a>. An Amazon spokesperson declined to comment on its plans, and apparently no company spokesperson spoke at last night&#8217;s meeting.</p>
<p><img class="alignleft size-medium wp-image-190834" title="amazon_aerial photo" src="http://allthingsd.com/files/2012/03/amazon_aerial-photo-328x285.jpg" alt="" width="328" height="285" /></p>
<p>The plans are fairly shocking, given the company&#8217;s rapid growth over the past few years. Clearly, the company&#8217;s leader Jeff Bezos has a lot more surprises in store that may push the company beyond its core online retail and digital businesses,  including the Kindle.</p>
<p>At the end of the year, Amazon had 56,200 employees, up 67 percent year over year. Most of the hiring occurred in operations and customer service, including 17 new fulfillment centers.</p>
<p>It&#8217;s not clear how many employees Amazon has in its Seattle headquarters, but it already leases about 2.7 million square feet, including 1.7 million square feet in the so-called South Lake Union neighborhood, which has recently been revitalized by Seattle tech leader Paul Allen, and sits just outside the downtown core.</p>
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		<title>We're Expanding: All Things Digital Would Like You to Meet All Things Reviewed</title>
		<link>http://allthingsd.com/20120311/were-expanding-all-things-digital-would-like-you-to-meet-all-things-reviewed/</link>
		<comments>http://allthingsd.com/20120311/were-expanding-all-things-digital-would-like-you-to-meet-all-things-reviewed/#comments</comments>
		<pubDate>Sun, 11 Mar 2012 18:51:17 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[Katherine Boehret]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Reviews]]></category>
		<category><![CDATA[Walt Mossberg]]></category>
		<category><![CDATA[advertiser]]></category>
		<category><![CDATA[All Things Reviewed]]></category>
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		<category><![CDATA[consumer]]></category>
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		<category><![CDATA[expansion]]></category>
		<category><![CDATA[featured post]]></category>
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		<category><![CDATA[Lauren Goode]]></category>
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		<guid isPermaLink="false">http://allthingsd.com/?p=183300</guid>
		<description><![CDATA[Here's our first and most important promise: We won't bore you with technobabble.]]></description>
				<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20120311/were-expanding-all-things-digital-would-like-you-to-meet-all-things-reviewed/atr-2/" rel="attachment wp-att-183422"><img src="http://allthingsd.com/files/2012/03/atr1-640x480.jpg" alt="" title="atr" width="640" height="480" class="aligncenter size-large wp-image-183422" /></a></p>
<p>Tomorrow, as part of the commitment that <strong>AllThingsD</strong> has to providing its readers with ever more high-quality content, this site will be launching a new reviews section, <strong>All Things Reviewed</strong>.</p>
<p>Simply put, we&#8217;re building on the consumer-tech reviews by Walt Mossberg and Katie Boehret that we&#8217;ve always run, with a fresh team of <strong>ATD</strong> reviewers, the first of whom is the talented Lauren Goode.</p>
<p>Lauren will be joined in the coming months by additional strong reviewers, who we will be adding soon, and each of whom will likely do one meaty review a week.</p>
<p>Katie, who will continue as a columnist at The Wall Street Journal, will also take on the added task of editing the new <strong>All Things Reviewed</strong> section, which we designed to be bright and graphical and easy to navigate.</p>
<p>We&#8217;ll also have plenty of timely, interesting consumer product news in addition to the in-depth reviews. It will all be integrated into the main <strong>ATD</strong> site, too, because we consider it a key part of providing a range of news, information, analysis and context to those who come to us for trustworthy, fair and accurate journalism.</p>
<p>Make no mistake: We think it is critical that reviews adhere to the same strict tenets of reporting we have for everything we post here. The reviews of the products we will feature take time, rigorous testing and deep critical analysis.</p>
<p>And, like Walt&#8217;s and Katie&#8217;s current reviews, these new <strong>ATD</strong> reviews will be based on thorough testing and aimed at smart consumers &#8212; and not just techies and enthusiasts.</p>
<p>That&#8217;s why we will pick carefully which products are significant or might be interesting to a broader range of readers. In other words, we won&#8217;t be reviewing every single slightly changed phone or laptop, or every me-too location app, and we won&#8217;t bore you with chip speeds and technobabble.</p>
<p>Thus, as hard as it is to say to the geeks who follow us, we will shun the rigid spec lists and templates used elsewhere, and instead present you with holistic, experience-based reviews that tell the story of the product &#8212; hardware, software, apps, games, Web sites and services.</p>
<p>Most importantly, we won&#8217;t be afraid to point out negatives, even if the manufacturer is an advertiser. Our aim is to earn your trust and be on your side, even if you disagree at times with our conclusions.</p>
<p>Like all new endeavors, we hope to get the entire section up to cruising speed as soon as possible, but we&#8217;ll be doing it in the careful, considered and high-quality manner we strive for in everything we do. (And, like all new stuff, we also had a party introducing the section to a packed crowd at the SXSW Interactive festival last night.)</p>
<p>We hope you&#8217;ll like the result and welcome your feedback as we begin our latest expansion. And, as usual, there will be much more to come.</p>
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		<title>Apple Doubling Presence in Texas</title>
		<link>http://allthingsd.com/20120309/apple-doubling-presence-in-texas/</link>
		<comments>http://allthingsd.com/20120309/apple-doubling-presence-in-texas/#comments</comments>
		<pubDate>Fri, 09 Mar 2012 21:30:29 +0000</pubDate>
		<dc:creator>Ian Sherr</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Voices]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[Austin]]></category>
		<category><![CDATA[campus]]></category>
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		<category><![CDATA[Texas]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=182496</guid>
		<description><![CDATA[Apple Inc. plans to build a $304 million campus in Austin, Texas, doubling its presence there over the next decade.]]></description>
				<content:encoded><![CDATA[<p>Apple Inc. plans to build a $304 million campus in Austin, Texas, doubling its presence there over the next decade.</p>
<p>The Cupertino, Calif., company said it will add 3,600 jobs in the next 10 years to its existing work force of 3,500 employees there. Apple said the move is part of a rapid expansion from 1,000 employees in 2004.</p>
<p><a href="http://online.wsj.com/article/SB10001424052970204781804577271673304814812.html">Read the rest of this post on the original site »</a></p>
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		<title>Uber Sets Its Sights on Asia</title>
		<link>http://allthingsd.com/20120227/uber-sets-its-sights-on-asia/</link>
		<comments>http://allthingsd.com/20120227/uber-sets-its-sights-on-asia/#comments</comments>
		<pubDate>Mon, 27 Feb 2012 18:39:52 +0000</pubDate>
		<dc:creator>Lauren Goode</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[Mobile]]></category>
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		<category><![CDATA[Android]]></category>
		<category><![CDATA[app]]></category>
		<category><![CDATA[Asia]]></category>
		<category><![CDATA[cab]]></category>
		<category><![CDATA[car]]></category>
		<category><![CDATA[expansion]]></category>
		<category><![CDATA[iPhone]]></category>
		<category><![CDATA[smartphone]]></category>
		<category><![CDATA[Travis Kalanick]]></category>
		<category><![CDATA[Uber]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=178301</guid>
		<description><![CDATA[As it looks to aggressively expand its smartphone app for car services in 2012, Uber is thinking big -- Asia big.]]></description>
				<content:encoded><![CDATA[<p>Uber, the San Francisco-based company that powers a smartphone app for requesting car service, has been intently focused on expanding its footprint across North America and in parts of Europe (and has been fighting some <a href="http://allthingsd.com/20120221/uber-gives-d-c-residents-presidential-treatment/">regulatory battles</a> along the way). <a href="http://allthingsd.com/files/2012/02/AsiaUberScene.png"><img src="http://allthingsd.com/files/2012/02/AsiaUberScene-380x240.png" alt="" title="AsiaUberScene" width="380" height="240" class="alignright size-medium wp-image-178306" /></a> </p>
<p>But while the company most recently <a href="http://techcrunch.com/2012/02/12/uber-testing-begins-in-la-toronto-edward-norton-gets-beaten-out-for-las-rider-0-title/">has been testing in L.A. and Toronto</a>, Uber founder and CEO Travis Kalanick has said it soon expects to tackle a much bigger market: Asia.</p>
<p>Kalanick said in a recent interview with <strong>AllThingsD</strong> that the company is aiming to establish a presence there by the end of this year. He declined to say which Asian cities Uber is targeting first, except to say it would focus on the &#8220;obvious&#8221; ones.</p>
<p>Uber, which launched in 2010 and late last year received <a href="http://allthingsd.com/20111207/uber-gets-uber-large-round-of-funding-for-mobile-car-service/">$32 million in Series B funding</a>, doesn’t own or directly manage fleets of cars, but acts a system through which town-car drivers can sign up and users can summon them &#8212; at a premium cost &#8212; through their smartphones. The app itself is free, and works on both iPhones and Android phones.</p>
<p>It has been recognized as a highly disruptive service, one that frequent customers praise for its ease of use, but also one that has <a href="http://techcrunch.com/2010/10/24/ubercab-ordered-to-cease-and-desist/">raised the ire</a> of taxicab commissions in some cities.</p>
<p>Uber also came under some <a href="http://allthingsd.com/20120101/uber-ceo-responds-to-new-years-eve-complaints-considers-dynamic-pricing-for-weekends/">criticism</a> around the recent holiday season, when it charged riders surge prices on New Year&#8217;s Eve, due to high demand. Some customers complained that the information about surge pricing was not presented clearly to them through the app; Uber refunded customers on a case-by-case basis.</p>
<p>Kalanick wouldn&#8217;t offer specifics on Uber&#8217;s pricing plans for the future, though it&#8217;s expected that the company will continue to experiment with dynamic pricing as it manages town-car supply in different cities.</p>
<p>Outside of the seven U.S. cities that have Uber cars running, Uber is testing in Toronto and operates in Paris, and has <a href="http://news.cnet.com/8301-30685_3-57338236-264/car-service-uber-raises-$32-million-launches-in-paris/">expressed a desire</a> to push further into Europe, aiming to reach around 25 cities worldwide in the next several months.</p>
<p>For some tech start-ups, expansion into Asia &#8212; especially China &#8212; presents unique challenges. And in cities like <a href="http://pinoyinsingapore.info/2010/02/06/book-your-cab-through-an-iphone-app/">Singapore</a>, <a href="http://www.penn-olson.com/2011/11/07/yongche/">Beijing</a> and <a href="http://taxishare.hk/about.php?lang=eng&#038;article=taxishare">Hong Kong</a>, there are already some <a href="http://www.groundlink.com/app">services</a> that allow people to summon a car or cab through an app, or that use GPS to help riders pick up other riders while in the cab (and thereby split costs).</p>
<p>But Kalanick isn’t overly concerned with either competition or regulatory roadblocks. “We&#8217;re dealing with city rules and regulations with every individual city we expand to,” he said. “For us, the challenges aren&#8217;t necessarily about which country we’re in.” For example, cab regulations in San Francisco mirror regulations in Paris, Kalanick said, while New York City is a different beast entirely.</p>
<p>(Photo courtesy of <a href="http://www.flickr.com/photos/dewynter/4530644936/">Flickr/Ilya Genkin</a>)</p>
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		<title>TripAdvisor CEO Says Wall Street Underestimates Its Value Now That It's Flying Solo</title>
		<link>http://allthingsd.com/20120109/tripadvisor-ceo-says-wall-street-underestimates-its-value-now-that-its-flying-solo/</link>
		<comments>http://allthingsd.com/20120109/tripadvisor-ceo-says-wall-street-underestimates-its-value-now-that-its-flying-solo/#comments</comments>
		<pubDate>Mon, 09 Jan 2012 14:00:59 +0000</pubDate>
		<dc:creator>Tricia Duryee</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[Mobile]]></category>
		<category><![CDATA[News]]></category>
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		<category><![CDATA[airfare]]></category>
		<category><![CDATA[airlines]]></category>
		<category><![CDATA[China]]></category>
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		<category><![CDATA[Google]]></category>
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		<category><![CDATA[Stephen Kaufer]]></category>
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		<guid isPermaLink="false">http://allthingsd.com/?p=161365</guid>
		<description><![CDATA[TripAdvisor's co-founder and CEO Stephen Kaufer talks to AllThingsD about the media company's prospects for growth now that it has broken off from Expedia and is an independently traded company.]]></description>
				<content:encoded><![CDATA[<p>Stephen Kaufer got the idea for TripAdvisor more than a decade ago, after planning a trip to Mexico and having a difficult time knowing which accommodations his family would enjoy most.</p>
<p><img class="alignright size-medium wp-image-155808" title="tripadvisor_opening bell_stephen Kaufer" src="http://allthingsd.com/files/2011/12/tripadvisor_opening-bell_stephen-Kaufer-380x253.png" alt="" width="380" height="253" />As the father of eight kids &#8212; now all between the ages of 12 and 21 &#8212; he knows a thing or two about the importance of finding the perfect place. (Note: Kaufer delicately calls family trips &#8220;adventures,&#8221; while getaways with his wife are &#8220;vacations.&#8221;)</p>
<p>Since then, TripAdvisor has become the online go-to destination for reviews of hotels from Barbados to bed-and-breakfasts in New York City.</p>
<p>In 2004, Kaufer sold the company to IAC for $210 million, setting off a somewhat complicated operating journey. A year later, TripAdvisor spun out of IAC as part of Expedia. It remained a division within the online travel agency until last month, when it broke off into an independent publicly held company.</p>
<p>Today, the Newton, Mass.-based company has 1,100 employees, attracts more than 50 million unique visitors and has published more than 60 million reviews. It trades on the Nasdaq under the ticker symbol &#8220;TRIP,&#8221; while Expedia continues to trade under the symbol &#8220;EXPE.&#8221;</p>
<p>Kaufer talked to <strong>AllThingsD</strong> about being an independently traded company, and about the media company&#8217;s prospects for growth:</p>
<p><strong>AllThingsD: What is it like to be out from under Expedia&#8217;s wing?</strong></p>
<p><strong>Stephen Kaufer</strong>: There was a joke when we were spun out as part of Expedia from IAC. People asked me, &#8220;What&#8217;s your vision for TripAdvisor?&#8221; I would always say, &#8220;I want to be bigger than Expedia,&#8221; and people&#8217;s response always was, &#8220;That&#8217;s what the little brother might say.&#8221;</p>
<p>A year or two ago, we passed Expedia in comScore metrics, and are still experiencing growth. It&#8217;s a free service that&#8217;s valuable. It&#8217;s worldwide. TripAdvisor is in 21 languages, and three-fourths of the traffic comes from outside of the U.S.</p>
<p><strong>Now that you are out from under Expedia, do you have more flexibility on where you send leads that are generated from people reading reviews on TripAdvisor?</strong></p>
<p>Under Expedia, we had no obligation to send traffic to them &#8230; That never happened, and we were allowed to run independently. But at the end of the day, they [competitors] knew their marketing spend was going into Expedia&#8217;s pocket. That&#8217;s the most exciting thing. We are now completely independent. Expedia now owns no stock, so when I talk to Orbitz or Priceline, these folks can now partner with TripAdvisor without any hint of helping to fuel the competitors.</p>
<p><strong>Why the spinoff now?</strong></p>
<p>It was announced back in April, but basically there was a view that there was a class of investors that liked a pure Internet category leader and a fast-growing media company like TripAdvisor, and there&#8217;s another class that appreciates Expedia, which is in the dominant online travel agency position.</p>
<p>We were blurring the two when they were together. It gives Wall Street the opportunity to invest in either, and each company will find its own set of investors.</p>
<p><strong>Do you think Wall Street is correctly valuing TripAdvisor? (The stock failed to <a href="http://allthingsd.com/20111221/tripadvisor-dips-lower-on-first-day-of-trading/">come roaring out of the gate</a>.)</strong></p>
<p>No. But I&#8217;m not complaining. I think Wall Street, over the next couple of quarters, will appreciate how both companies perform as independent companies. The numbers have been a little hidden because they were jumbled together. &#8230; They&#8217;ve never seen TripAdvisor operate independently. They ask, &#8220;What will you do differently? How will things be the same?&#8221; Watch us, and I think you&#8217;ll like what you see.</p>
<p><strong>Will you grow mostly organically, or through M&amp;A?</strong></p>
<p>We have a good track record on acquisition and product innovation.</p>
<p>The last few acquisitions, you saw a focus on our strategic priorities: A mobile company, a social company, two vacation rental companies and a company in China. Our four key investment areas that we called out are vacation rentals, mobile, social and geographic expansion.</p>
<p><strong>In many ways, TripAdvisor was one of the original social networks, where users shared information on their vacations. Now you see Facebook getting into the space with Facebook Connect and other initiatives, too.</strong></p>
<p>Everyone feels like being able to get travel recommendations from their friends is a natural evolution for getting a better recommendation, period.</p>
<p>There&#8217;s a couple of different angles. Some social travel companies are focused on making planning a group trip easier. No site out there has scale and does that well, and we don&#8217;t do that now. Facebook is a great platform to do it on, and it may be interesting to us in the future.</p>
<p>Our focus is leveraging the friend graph on Facebook and our rich content to give someone the experience of seeing recommendations or ratings from friends.</p>
<p>We love the concept, and we are furiously building up our own product offering to make it more valuable. If it&#8217;s not too early to call someone a leader, we are clearly it, because we have the content and the friend graph. We aren&#8217;t a site that&#8217;s based on Facebook, which is an advantage, because you can do anyting you want to do on the Web or the tablet or mobile.</p>
<p><strong>What about Google moving into travel?</strong></p>
<p>They have a couple of different approaches. They have Google Places, which reviews everything; and they have Google Hotels, which is a hotel finder; and then Google Flights, to help you find the best fare.</p>
<p>With Google Places, they still can&#8217;t seem to generate enough high-quality reviews to be useful. They compete with Yelp and us, and I&#8217;ve yet to be concerned. I was concerned about Google Flights &#8212; a lot &#8212; before they launched, but you cannot book through an online travel agent like Expedia &#8212; only directly through the airlines for now.</p>
<p>It&#8217;s an incomplete product, so I still use TripAdvisor flights, or go to Expedia or Orbitz. They get better results, and maybe aren&#8217;t as fast, but more information is still better.</p>
<p>They say they want to include online travel agents, but the airlines won&#8217;t let them. &#8230; Don&#8217;t mistake my tone for being sympathetic to Google on this one.</p>
<p><strong>What about vacation rentals? HomeAway went public last year.</strong></p>
<p>After HomeAway, there&#8217;s not that much.</p>
<p>We agree it&#8217;s a great market, and it deserves to be online. It helps consumers and there&#8217;s a need to bring a trust element into the equation. Folks who have tried it have liked (renting homes), and a whole lot of people haven&#8217;t tried it, because a hotel is all they&#8217;ve ever tried.</p>
<p>If they are reading hotel reviews, but I see that you are trying to stay seven nights in Orlando, I might say, &#8220;Did you know that you might be able to save money and get a private swimming pool?&#8221; They never would have thought of that as an opportunity, but there&#8217;s lots of great opportunities in Orlando and tons of other cities.</p>
<p>HomeAway dominates the category, but there&#8217;s plenty of room for a second, third and fourth.</p>
<p><strong>I&#8217;m surprised that already three-fourths of your traffic comes from outside the U.S.</strong></p>
<p>Yes, and that portion is growing. We have offices all over the globe, and our biggest investment opportunity is in China. We purchased a metasearch site for air, hotel and train in China. We view international growth as a tailwind to the business.</p>
<p><strong>So what&#8217;s your price target for the stock? It&#8217;s currently trading around $25 a share.</strong></p>
<p>I&#8217;m looking at how I can grow the business over the long term, and that&#8217;s why we are making some of these investments. I might be ahead of it, or other folks ahead of me, but I&#8217;m a nuts-and-bolts operator. I like to build stuff, and getting TripAdvisor to the next level of functionality and awareness is my priority &#8212; not the stock price.</p>
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		<title>Introducing Lauren Goode</title>
		<link>http://allthingsd.com/20111201/introducing-lauren-goode/</link>
		<comments>http://allthingsd.com/20111201/introducing-lauren-goode/#comments</comments>
		<pubDate>Thu, 01 Dec 2011 14:00:44 +0000</pubDate>
		<dc:creator>Walt Mossberg and Kara Swisher</dc:creator>
				<category><![CDATA[Media]]></category>
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		<category><![CDATA[editor]]></category>
		<category><![CDATA[effort]]></category>
		<category><![CDATA[ESPN]]></category>
		<category><![CDATA[ethics]]></category>
		<category><![CDATA[expansion]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Industry Moves]]></category>
		<category><![CDATA[Lauren Goode]]></category>
		<category><![CDATA[New York]]></category>
		<category><![CDATA[news]]></category>
		<category><![CDATA[post]]></category>
		<category><![CDATA[producer]]></category>
		<category><![CDATA[product]]></category>
		<category><![CDATA[readership]]></category>
		<category><![CDATA[reporter]]></category>
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		<category><![CDATA[smartphone]]></category>
		<category><![CDATA[staff]]></category>
		<category><![CDATA[statement]]></category>
		<category><![CDATA[television]]></category>
		<category><![CDATA[The Wall Street Journal]]></category>
		<category><![CDATA[video]]></category>
		<category><![CDATA[WSJ.com]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=147971</guid>
		<description><![CDATA[Meet our newest AllThingsD writer, who will cover consumer tech products and issues.]]></description>
				<content:encoded><![CDATA[<p><img src="http://allthingsd.com/files/2011/11/GoodeDigits2-380x213.png" alt="Lauren Goode" title="Lauren Goode" width="380" height="213" class="alignright size-medium wp-image-147973" /></p>
<p>We are thrilled to welcome another strong reporter to the <strong>AllThingsD</strong> team: Lauren Goode, who will cover consumer tech products and issues. She&#8217;ll be based in New York.</p>
<p>Lauren comes to us from the digital arm of our sister news organization, The Wall Street Journal, where she was a video producer and reporter, from 2008 to 2011. She helped launch the Journal&#8217;s live-streaming video programming and produced and co-hosted the daily &#8220;Digits&#8221; technology show, which regularly features our <strong>ATD</strong> staff along with Journal reporters and editors. (We hope to see her there from time to time as a guest herself now.) She was also a contributing writer to the Digits blog on WSJ.com, and wrote posts on consumer technology products.</p>
<p>Prior to joining the Journal, Lauren worked in cable television from 2003 to 2008, producing and writing shows for A&#038;E Television Networks&#8217; award-winning &#8220;Biography&#8221; series, after having started her career as a production assistant at ESPN in New York.</p>
<p>The addition of Lauren to <strong>AllThingsD</strong> is just the latest move in an expansion that has seen our staff more than double in the past year, including adding new reporters, editors and developers. This has allowed us to broaden and deepen our coverage, to break more news and also to begin doing different types of stories than many other blogs offer, such as our recent series on Facebook&#8217;s smartphone effort.</p>
<p>We have more new coverage and staff expansions planned, so stay tuned. And, as always, thanks for your readership, which has been increasing strongly quarter after quarter. We aim to keep earning your loyalty and trust.</p>
<p>Going forward, Lauren can be reached at <a href="mailto:lauren@allthingsd.com">lauren@allthingsd.com</a>, and you can read more about her <a href="http://allthingsd.com/about/#lauren">bio and ethics statement here</a>.</p>
<p>&#8211; Walt &#038; Kara</p>
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		<title>The LivingSocial Trio Talk Asian Expansion, Groupon and More: The Full AsiaD Interview (Video)</title>
		<link>http://allthingsd.com/20111109/the-livingsocial-trio-talk-asian-expansion-groupon-and-more-the-full-asiad-interview-video/</link>
		<comments>http://allthingsd.com/20111109/the-livingsocial-trio-talk-asian-expansion-groupon-and-more-the-full-asiad-interview-video/#comments</comments>
		<pubDate>Wed, 09 Nov 2011 18:37:15 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[AsiaD]]></category>
		<category><![CDATA[Commerce]]></category>
		<category><![CDATA[Conferences]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Asia]]></category>
		<category><![CDATA[buying]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[daily deals]]></category>
		<category><![CDATA[Daniel Shin]]></category>
		<category><![CDATA[domination]]></category>
		<category><![CDATA[Ensogo Group]]></category>
		<category><![CDATA[event]]></category>
		<category><![CDATA[expansion]]></category>
		<category><![CDATA[global]]></category>
		<category><![CDATA[Groupon]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[Ina Fried]]></category>
		<category><![CDATA[Indonesia]]></category>
		<category><![CDATA[LivingSocial]]></category>
		<category><![CDATA[Paul Srivorakul]]></category>
		<category><![CDATA[schedule]]></category>
		<category><![CDATA[South Korea]]></category>
		<category><![CDATA[space]]></category>
		<category><![CDATA[Ticket Monster]]></category>
		<category><![CDATA[Tim O'Shaughnessy]]></category>
		<category><![CDATA[video]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=142168</guid>
		<description><![CDATA[How will LivingSocial compete with rival Groupon in the daily deals space? Global domination!]]></description>
				<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20111109/the-livingsocial-trio-talk-asian-expansion-groupon-and-more-the-full-asiad-interview-video/asiad-20111020-145419-04682-l/" rel="attachment wp-att-142172"><img src="http://allthingsd.com/files/2011/11/asiad-20111020-145419-04682-L-640x427.png" alt="" title="asiad-20111020-145419-04682-L" width="640" height="427" class="aligncenter size-large wp-image-142172" /></a></p>
<p>We are now posting the full videos from the recent <strong>AsiaD</strong> conference, which took place in Hong Kong in October.</p>
<p>Over the next week or so, we&#8217;re going to follow the schedule of the actual event. Up now: <a href="http://allthingsd.com/20111019/livingsocial-dishes-about-its-deals-live-at-asiad/?refcat=asiad">LivingSocial CEO Tim O&#8217;Shaughnessy</a>, along with the head of the daily deals site&#8217;s two recent acquisitions in Asia, Daniel Shin of South Korea&#8217;s TicketMonster and Paul Srivorakul of Indonesia&#8217;s Ensogo Group.</p>
<p>The panel, interviewed onstage by Ina Fried, talked about a range of topics, from its Asian expansion to thoughts about rival Groupon to the future of the social buying space.</p>
<p>Here&#8217;s the video:</p>
<p><div class="video-wsj"><object width="640" height="360"><param name="movie" value="http://s.wsj.net/media/swf/microPlayer.swf"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><param name="flashvars" value="videoGUID=596198EE-5D5B-4E9E-8A34-9EBB1CAAF7C0&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/"name="microflashPlayer"></param><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={596198EE-5D5B-4E9E-8A34-9EBB1CAAF7C0}&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="640" height="360" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></object></p>
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		<title>Canada's Dealfind Expands to 18 More U.S. Cities</title>
		<link>http://allthingsd.com/20111109/canadas-dealfind-expands-to-18-more-u-s-cities/</link>
		<comments>http://allthingsd.com/20111109/canadas-dealfind-expands-to-18-more-u-s-cities/#comments</comments>
		<pubDate>Wed, 09 Nov 2011 15:00:37 +0000</pubDate>
		<dc:creator>Tricia Duryee</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[daily deals]]></category>
		<category><![CDATA[Dealfind]]></category>
		<category><![CDATA[expansion]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Groupon]]></category>
		<category><![CDATA[Toronto]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=142115</guid>
		<description><![CDATA[Undeterred by U.S. daily deal companies like Groupon and Google, Toronto-based Dealfind is launching offers in 18 more cities today. In all, Dealfind now covers 41 U.S. cities and 28 in Canada. New markets include Austin, Charlotte, Cleveland, Detroit, Fort Lauderdale and Indianapolis.]]></description>
				<content:encoded><![CDATA[<p>Undeterred by U.S. daily deal companies like Groupon and Google, Toronto-based <a href="http://www.dealfind.com/">Dealfind</a> is launching offers in 18 more cities today. In all, Dealfind now covers 41 U.S. cities and 28 in Canada. New markets include Austin, Charlotte, Cleveland, Detroit, Fort Lauderdale and Indianapolis.</p>
]]></content:encoded>
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		<title>Netflix Heads to U.K. to Take on Amazon</title>
		<link>http://allthingsd.com/20111024/netflix-heads-to-uk-to-take-on-amazon/</link>
		<comments>http://allthingsd.com/20111024/netflix-heads-to-uk-to-take-on-amazon/#comments</comments>
		<pubDate>Mon, 24 Oct 2011 11:04:35 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
				<category><![CDATA[Media]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Amazon]]></category>
		<category><![CDATA[DVD]]></category>
		<category><![CDATA[earnings]]></category>
		<category><![CDATA[expansion]]></category>
		<category><![CDATA[Latin America]]></category>
		<category><![CDATA[Lovefilm]]></category>
		<category><![CDATA[movie]]></category>
		<category><![CDATA[Spain]]></category>
		<category><![CDATA[streaming]]></category>
		<category><![CDATA[U.K.]]></category>
		<category><![CDATA[United Kingdom]]></category>
		<category><![CDATA[video]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=136028</guid>
		<description><![CDATA[Netflix says it will bring its streaming video service -- but not its DVDs -- to the United Kingdom and Ireland in "early 2012." The announcement confirms earlier reports and speculation that the company would target the U.K. after a Latin American expansion in 2011; other reports have the company moving into Spain as well. Unlike other Netflix expansion moves, in the U.K. the company will run up against its first entrenched digital competitor: Amazon's LoveFilm, most often known as "the Netflix of Europe." Netflix reports Q3 earnings this afternoon.]]></description>
				<content:encoded><![CDATA[<p>Netflix <a href="http://netflix.mediaroom.com/index.php?s=43&amp;item=415">says</a> it will bring its streaming video service &#8212; but not its DVDs &#8212; to the United Kingdom and Ireland in &#8220;early 2012.&#8221; The announcement confirms earlier reports and speculation that the company would target the U.K. after a Latin American expansion in 2011; other reports have the company <a href="http://allthingsd.com/20110817/netflix-reportedly-eyeing-spain-for-next-expansion/">moving into Spain as well</a>. Unlike other Netflix expansion moves, in the U.K. the company will run up against its first entrenched digital competitor: <a href="http://allthingsd.com/20110120/amazon-buys-european-streaming-movie-service-lovefilm/">Amazon&#8217;s LoveFilm</a>, most often known as &#8220;the Netflix of Europe.&#8221; <a href="http://allthingsd.com/20111024/just-how-much-damage-did-netflix-really-do-to-itself/">Netflix reports Q3 earnings</a> this afternoon.</p>
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		<title>Google's Growth Unsettles Mountain View</title>
		<link>http://allthingsd.com/20110728/googles-growth-unsettles-mountain-view/</link>
		<comments>http://allthingsd.com/20110728/googles-growth-unsettles-mountain-view/#comments</comments>
		<pubDate>Thu, 28 Jul 2011 07:00:29 +0000</pubDate>
		<dc:creator>Amir Efrati</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Voices]]></category>
		<category><![CDATA[Amir Efrati]]></category>
		<category><![CDATA[expansion]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Mountain View]]></category>
		<category><![CDATA[The Wall Street Journal]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=103560</guid>
		<description><![CDATA[Google Inc. is the single largest contributor to the coffers of Mountain View, where it is based. But as the Web giant expands its physical footprint and seeks to build new offices, housing and infrastructure, the city government is pushing back.]]></description>
				<content:encoded><![CDATA[<p>Google Inc. is the single largest contributor to the coffers of Mountain View, where it is based. But as the Web giant expands its physical footprint and seeks to build new offices, housing and infrastructure, the city government is pushing back.</p>
<p>Earlier this month several city council members criticized a proposal by Google to build bridges over a creek that separates existing offices from land it leased from a federal agency. Starting in 2013, Google plans to construct up to 1.2 million square feet of buildings on the land, including offices, recreation facilities and corporate housing.</p>
<p>The new development will extend the Google campus into the leased land, crossing public trails along Stevens Creek that are used by commuters and outdoor enthusiasts. While the trail will remain public after Google&#8217;s expansion, council members said at a recent hearing they were concerned about the need to relocate part of the trail due to the construction of the bridges, among other things. The topic will be revisited in future hearings.</p>
<p><a href="http://online.wsj.com/article/SB10001424053111903591104576470130512662232.html?mod=WSJ_Tech_LEFTTopNews">Read the rest of this post on the original site&#187;</a></p>
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		<title>God Save the Queen: The Arianna Invasion of Britain Begins!</title>
		<link>http://allthingsd.com/20110706/the-arianna-invasion-of-britain/</link>
		<comments>http://allthingsd.com/20110706/the-arianna-invasion-of-britain/#comments</comments>
		<pubDate>Wed, 06 Jul 2011 09:49:43 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Media]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[AOL]]></category>
		<category><![CDATA[Arianna Huffington]]></category>
		<category><![CDATA[audience]]></category>
		<category><![CDATA[blog]]></category>
		<category><![CDATA[Britain]]></category>
		<category><![CDATA[British]]></category>
		<category><![CDATA[celeb]]></category>
		<category><![CDATA[entertainer]]></category>
		<category><![CDATA[expansion]]></category>
		<category><![CDATA[Gordon Brown]]></category>
		<category><![CDATA[Huffington Post]]></category>
		<category><![CDATA[international]]></category>
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		<category><![CDATA[opinion]]></category>
		<category><![CDATA[pols]]></category>
		<category><![CDATA[press release]]></category>
		<category><![CDATA[queen]]></category>
		<category><![CDATA[Ricky Gervais]]></category>
		<category><![CDATA[Sarah Brown]]></category>
		<category><![CDATA[Tony Blair]]></category>
		<category><![CDATA[Tracey Ullman]]></category>
		<category><![CDATA[U.K.]]></category>
		<category><![CDATA[video]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=94863</guid>
		<description><![CDATA[The U.K. version of the Huffington Post, which has been expected, went live today.

It is the site's first major international expansion beyond North America (Canada was first).

And, while the content is aimed at the audience there, it will still have the usual HuffPo mix of saucy news, videos and blogs.

Except with a charming British accent.]]></description>
				<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20110706/the-arianna-invasion-of-britain/imgres-18/" rel="attachment wp-att-94866"><img src="http://allthingsd.com/files/2011/07/imgres.jpeg" alt="" title="imgres" width="259" height="194" class="alignright size-full wp-image-94866" /></a></p>
<p>The British version of the Huffington Post, which has been expected, went live today.</p>
<p>It is the site&#8217;s first major international expansion beyond North America (Canada was first).</p>
<p>While the content is aimed at the audience there, it will still have the usual HuffPo mix of saucy news, videos and blogs.</p>
<p>But in this case, instead of U.S. celebs and pols, those blogs will come from famous British luminaries, including former Prime Minister Tony Blair; Sarah Brown, wife of another former PM, Gordon Brown; and entertainers Ricky Gervais and Tracey Ullman.</p>
<p>The Huffington Post apparently already attracts a monthly audience in excess of 1.2 million in the U.K.</p>
<p>AOL &#8212; which bought the high-profile news and opinion site for $315 million &#8212; has given its content head, Arianna Huffington, a lot of backing and also funding for expansion, including globally. </p>
<p>Other international Huffington Post sites are likely to roll out soon.</p>
<p>Here&#8217;s the official press release:</p>
<blockquote class="memo"><p><strong>BRITAIN WAKES UP TO THE HUFFINGTON POST UK TODAY</p>
<p>Latest Edition of &#8220;HuffPost&#8221; Blends Brand&#8217;s Unique Mix of News, Opinion, Community, and Engagement with Original, UK-centric Content</p>
<p>6th July, 2011, London &#8211;</strong> The Huffington Post UK (http://www.huffingtonpost.co.uk/), a UK version of The Huffington Post (&#8220;HuffPost&#8221;), the popular American news and opinion site, goes live today.  The site features HuffPost&#8217;s unique combination of original reporting, aggregation, a leading-edge commenting forum, pioneering social engagement tools, and a vibrant platform for a wide range of bloggers. High profile bloggers already lined up to contribute through the site include Tony Blair, Jeremy Hunt and Sarah Brown as well as comedy and entertainment luminaries such as Ricky Gervais, Tracey Ullman, Imogen Edwards-Jones, Jonathan Meades and Kate Garraway .</p>
<p>The Huffington Post UK is edited by Carla Buzasi (nee Bevan), Editor-in-Chief, AOL Europe who leads an initial team of ten dedicated editors and writers, with further support from the wider AOL editorial team in the UK, as well as The Huffington Post team in the United States. The Huffington Post UK platform gives hundreds of British bloggers the opportunity to showcase their work to millions of readers globally.</p>
<p>Other recent new hires include Political Editor Chris Wimpress, a former political correspondent for BBC Radio 4; News Editor Jacqui Head, formerly an Online Journalist at Al-Jazeera, with stints at BBC and CNN; and Caroline Frost, Entertainment Editor, previously an Arts Producer for BBC News, and Online Entertainment Editor at the Herald Sun in Melbourne. Lady Lynn Forester de Rothschild, Chief Executive Officer of E.L. Rothschild and board member of Estee Lauder and The Economist Group, is the site’s Editor-at-Large.</p>
<p>The Huffington Post (US) was founded in May 2005, and has become an influential and oft-quoted media brand, &#8220;The Internet Newspaper.&#8221; It attracts 36 million* readers and only last month overtook the New York Times to become the world’s biggest newspaper online.</p>
<p>The UK site offers coverage of politics, entertainment, living, style, world news, technology, comedy, and is a top destination for news, blogs and original content. In the coming months, The Huffington Post UK will evolve to feature even more content across a whole range of genres.</p>
<p>Commenting on the launch of the UK site, Arianna Huffington, President and Editor-in-Chief of AOL Huffington Post Media Group, said: &#8220;We are arriving here in the midst of a rich and thriving media culture marked by great innovation. We look forward to adding HuffPost UK to the mix, and to our real-time &#8216;digital water cooler&#8217; &#8212; which embraces the best of the new (immediacy, transparency, interactivity) and the best of the old (fact-checking, accuracy, fairness, and an emphasis on storytelling) &#8212; becoming the spark for many interesting conversations.&#8221;</p>
<p>Kate Burns, SVP, AOL Europe, said: &#8220;The Huffington Post has pioneered a new way for people to connect with the news of the day, and with each other, so we&#8217;re excited to bring this unique platform to the UK. We&#8217;re giving people the chance to write, share and debate opinions, creating a democratic site that can give Joe Bloggs the same platform as Ricky Gervais.&#8221;</p>
<p>The Huffington Post (US) already attracts a monthly audience in excess of 1.2 million [comScore, May 2011] UK based readers who are engaged, influential, and affluent. The UK site will feature premium ad formats, including the recently launched &#8220;Project Devil,&#8221; which has generated unprecedented engagement levels, time spent on ads and time spent viewing ad videos. At launch The Huffington Post UK will showcase an LG Project Devil campaign brokered through leading media agency Mindshare and a Dell PLE campaign negotiated by Mediacom.</p></blockquote>
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		<title>Liveblogging Demand Media&#039;s Q1 Earnings: Perky Perfecting!</title>
		<link>http://allthingsd.com/20110505/liveblogging-demand-medias-q1-earnings-perky-perfecting/</link>
		<comments>http://allthingsd.com/20110505/liveblogging-demand-medias-q1-earnings-perky-perfecting/#comments</comments>
		<pubDate>Thu, 05 May 2011 21:13:31 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Media]]></category>
		<category><![CDATA[Mobile]]></category>
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		<category><![CDATA[Social]]></category>
		<category><![CDATA[adjusted]]></category>
		<category><![CDATA[algorithm]]></category>
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		<category><![CDATA[California]]></category>
		<category><![CDATA[call]]></category>
		<category><![CDATA[change]]></category>
		<category><![CDATA[Charles Hillard]]></category>
		<category><![CDATA[comp]]></category>
		<category><![CDATA[conference]]></category>
		<category><![CDATA[content]]></category>
		<category><![CDATA[copy]]></category>
		<category><![CDATA[copyediting]]></category>
		<category><![CDATA[curation]]></category>
		<category><![CDATA[data]]></category>
		<category><![CDATA[Demand Media]]></category>
		<category><![CDATA[earnings]]></category>
		<category><![CDATA[editor]]></category>
		<category><![CDATA[editorial]]></category>
		<category><![CDATA[ehow]]></category>
		<category><![CDATA[expansion]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[feedback]]></category>
		<category><![CDATA[food]]></category>
		<category><![CDATA[French]]></category>
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		<category><![CDATA[investor]]></category>
		<category><![CDATA[journalism]]></category>
		<category><![CDATA[Kikuyu]]></category>
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		<category><![CDATA[Larry Page]]></category>
		<category><![CDATA[liveblogging]]></category>
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		<category><![CDATA[Mark Zuckerberg]]></category>
		<category><![CDATA[Mary Chapin Carpenter]]></category>
		<category><![CDATA[mobile]]></category>
		<category><![CDATA[net income]]></category>
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		<category><![CDATA[perky]]></category>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=43614</guid>
		<description><![CDATA[Today, after Demand Media beat Wall Street expectations, its cheerful execs got on the horn with investors to explain how it plans to beat the Panda.

That would be the beastly name for Google's rejiggering of its search algorithm, in order to rid search results of poor quality content.

BoomTown liveblogged the event, of course.]]></description>
				<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2011/05/imgres2.jpeg"><img src="http://kara.allthingsd.com/files/2011/05/imgres2.jpeg" alt="" title="imgres" width="200" height="252" class="alignright size-full wp-image-43622" /></a></p>
<p>Today, after Demand Media <a href="http://kara.allthingsd.com/20110505/demand-media-beat-the-street-and-promises-to-cleans-up-its-act/">beat Wall Street expectations</a>, its execs got on the horn with investors to explain how it plans to beat the Panda.</p>
<p>That would be the beastly name for Google&#8217;s rejiggering of its search algorithm, in order to rid search results of poor quality content.</p>
<p>Along with many other sites, Demand has gotten smacked by its raging paw.</p>
<p>Still, the Santa Monica, Calif.-based <a href="http://ir.demandmedia.com/phoenix.zhtml?c=215358&#038;p=irol-newsArticle&#038;ID=1560524&#038;highlight=">company reported</a> revenue of $79.5 million and six cents a share in adjusted net income.</p>
<p>Wall Street was expecting the company to report about $69.6 million in revenue for the three months, with four cents a share in adjusted profits.</p>
<p>On a GAAP basis, net loss per share was 13 cents compared to 94 cents a year ago.</p>
<p>Here&#8217;s the liveblog of the conference call:</p>
<p><strong>2 pm PT:</strong> Demand&#8217;s investor relations dude came on and I immediately tuned out until CEO Richard Rosenblatt got on the line to talk about the results.</p>
<p><a href="http://kara.allthingsd.com/files/2011/05/imgres3.jpeg"><img src="http://kara.allthingsd.com/files/2011/05/imgres3.jpeg" alt="" title="imgres" width="274" height="184" class="alignleft size-full wp-image-43644" /></a></p>
<p>He was as perky as ever, launching right into the meat of the situation&#8211;how Demand was going to pretty up its offerings, such as a redesign of its flagship eHow site and its new editorial arrangement with another perky person, food lady Rachael Ray and the also perky fashionista/talk show lady Tyra Banks.</p>
<p>Gone will be user-generated content that Demand used to let people post at will on its eHow site that was, <em>well</em>, less than good.</p>
<p>As in, bad.</p>
<p>Instead, it&#8217;s &#8220;curation,&#8221; &#8220;editorial innovation&#8221; and feedback cycles.</p>
<p>We old-timers like to call that journalism and copyediting, complete with mean old editors who spiked said copy when it was crappy.</p>
<p>&#8220;Let me be clear,&#8221; said Rosenblatt, the Google changes did negatively impact Demand&#8217;s traffic. But Rosenblatt said the company dug into its content and has been improving it since.</p>
<p><strong>2:17 pm:</strong> Now it was CFO Charles Hillard reading the results themselves. I am sorry, Mr. Finance Guy, but I can read it myself, so this is always the time in earnings calls when I check out and spend my time improving <em>my</em> content.</p>
<p>So when I heard words such as &#8220;stock-based comp,&#8221; I moved on to fixing all the typos that a very nice reader alerted me to, since I was writing too quickly.</p>
<p>Then, I briefly considered writing a high-quality post for eHow on how to write earnings and fix typos at the same time. I am <em>that</em> good.</p>
<p><strong>2:30 pm:</strong> The CFO dude finished up and the Q&#038;A with analysts started.</p>
<p>All Panda questions, <em>natch</em>!<a href="http://kara.allthingsd.com/files/2011/05/imgres-11.jpeg"><img src="http://kara.allthingsd.com/files/2011/05/imgres-11-275x170.jpg" alt="" title="imgres-1" width="275" height="170" class="alignright size-medium wp-image-43646" /></a></p>
<p>Rosenblatt seemed calm, cool and collected.</p>
<p>&#8220;We think on this one, they did a very good job,&#8221; he said of Google&#8217;s search-fixing efforts, trying to soothe the savage beast. &#8220;We all continue to evolve.&#8221;</p>
<p>Which translated to: Google says jump and we say: &#8220;How high?&#8221;</p>
<p>Which is then followed by: &#8220;Please sir, can I have some more (traffic)?&#8221;</p>
<p>More Google algo change questions.</p>
<p>I suspect there is a new tactic afoot by Demand: Bore us into submission about the traffic devastation from Larry Page&#8217;s minions with endless questions about algo.</p>
<p>Finally, a question about mobile and international expansion. Apparently, Demand content is going to be translated into five different languages.</p>
<p>Yay! I am readying my version of &#8220;How to Boil Water&#8221; in French! (&#8220;Comment Faire Bouillir L&#8217;eau&#8221;!)</p>
<p>Mobile is going to be big too for Demand, which it is for everyone.</p>
<p>Then it was onto a question about improving content, including paying its writers more moolah, which would then eat into the Demand cheaper content business model.</p>
<p><a href="http://kara.allthingsd.com/files/2011/05/File-Maginot_Line_ln-en.jpeg"><img src="http://kara.allthingsd.com/files/2011/05/File-Maginot_Line_ln-en.jpeg" alt="" title="File-Maginot_Line_ln-en" width="220" height="156" class="alignleft size-full wp-image-43648" /></a></p>
<p>I liked that question! I suddenly decided I was going to shift to a lugubrious post on the history of the <a href="http://en.wikipedia.org/wiki/Maginot_Line">Maginot Line</a> in 132 parts!</p>
<p>Oops, Rosenblatt said the data has to show that the peeps want those longer pieces.</p>
<p>Back to the boiling water opus!</p>
<p>It&#8217;s on to some video questions and then back to search, as in diversifying away from relying on search to get traffic and premium prices for its advertising.</p>
<p>As in, how much are you going to cozy up to Facebook CEO Mark Zuckerberg?</p>
<p>&#8220;It&#8217;s less about where traffic comes from and more about where they land,&#8221; said Rosenblatt, except you just know he sent a lovely floral bouquet plus a hefty selection of citrus to Zuckerberg&#8217;s new house in Silicon Valley right after Panda roared.</p>
<p>Rosenblatt deflected a lot of questions in this arena. &#8220;We still think that search is a fantastic way&#8221; to gain traffic, he said, making sure Google&#8217;s Page did not chomp off his hand as he courted his social networking nemesis at Facebook.</p>
<p>But as the old Kikuyu proverb goes: &#8220;When elephants fight, it is the grass that suffers.&#8221;</p>
<p>More likely, as Mary Chapin Carpenter sings: &#8220;Sometimes you&#8217;re the windshield. Sometimes you&#8217;re the bug.&#8221;</p>
<p>We&#8217;ll see which is which for Demand in the quarters ahead.</p>
<p>Until then, here&#8217;s Carpenter performing her song, &#8220;The Bug&#8221;:</p>
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		<title>Exclusive: Flipboard Confirms $50 Million Funding at $200 Million Valuation</title>
		<link>http://allthingsd.com/20110414/exclusive-flipboard-confirms-50-million-funding-at-200-million-valuation/</link>
		<comments>http://allthingsd.com/20110414/exclusive-flipboard-confirms-50-million-funding-at-200-million-valuation/#comments</comments>
		<pubDate>Thu, 14 Apr 2011 20:23:12 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=42652</guid>
		<description><![CDATA[Late last month, BoomTown posted about a huge venture funding effort by the high-profile and even more highly designed social media reading app for the Apple iPad, Flipboard.

Today, its co-founder and CEO Mike McCue confirmed a $50 million round at an eye-popping $200 million valuation, in a wide-ranging interview at the start-up's Palo Alto, Calif., HQ.]]></description>
				<content:encoded><![CDATA[<p><img src="http://kara.allthingsd.com/files/2010/07/logo-final-2-275x275.jpg" alt="" title="logo-final-2" width="225" height="225" class="alignright size-medium wp-image-30981" /></p>
<p>Late last month, BoomTown posted about a <a href="http://kara.allthingsd.com/20110323/pretty-flipboard-fundraising-at-an-even-prettier-200-million-valuation">huge venture funding effort</a> by the high-profile and even more highly designed social media reading app for the Apple iPad, Flipboard.</p>
<p>Today, its co-founder and CEO Mike McCue confirmed the $50 million round at an eye-popping $200 million valuation, in a wide-ranging interview at the start-up&#8217;s Palo Alto, Calif., HQ.</p>
<p>&#8220;We&#8217;re obviously thrilled, because we think it confirms our focus that people want a beautifully designed way to interact with content and to share it,&#8221; he said. &#8220;And there is a lot more to come&#8211;on a scale of one to 10, we&#8217;re just at a two or three.&#8221;</p>
<p>The bulk of the new second round of funding&#8211;Flipboard had previously raised $10.5 million&#8211;came from New York-based Insight Venture Partners.</p>
<p>Insight&#8217;s Jerry Murdock said in an interview that he was excited about the idea of &#8220;social endorsement&#8221; that Flipboard was pioneering.</p>
<p>&#8220;We back great entrepreneurs and Flipboard is that and also in an obviously unique position to solve a problem of media consumption in the digital age,&#8221; he said. &#8220;The sky is the limit. Or more precisely it is the best environment to consume curated real-time content for Twitter and Facebook, because of the user experience and social endorsement integration with the content.&#8221;</p>
<p>Insight is also an investor in Twitter.</p>
<p>Also stepping up in the new Flipboard round is Comcast&#8217;s venture arm, as well as previous investors, including Kleiner Perkins, Index Ventures and a spate of well known angels, such as Twitter co-founder and product guru Jack Dorsey, Facebook co-founder and Asana dude Dustin Moskovitz, the ubiquitous Ron Conway, actor Ashton Kutcher and the investment company of former News Corp. exec Peter Chernin.</p>
<p>&#8220;From a Comcast perspective, we&#8217;re intrigued with Mike and what he&#8217;s doing with content aggregation,&#8221; said <a href="http://kara.allthingsd.com/20101115/exclusive-comcasts-top-digital-exec-amy-banse-to-open-new-silicon-valley-equity-fund-for-cable-giant-and-nbc">Amy Banse</a>, Comcast Interactive Capital&#8217;s new head. &#8220;We think we can learn from him and he from us.&#8221;</p>
<p>Co-founded by longtime entrepreneur McCue (Netscape, Tellme) and former Apple iPhone engineer Evan Doll in January, Flipboard <a href="http://kara.allthingsd.com/20100720/meet-flipboard-mike-mccue-talks-about-stealth-social-magazine-start-up-that-just-nabbed-10-5-million">launched to much attention in July</a>.</p>
<p>The elegant Flipboard&#8211;which McCue recently told me in an onstage interview at the South by Southwest conference in Austin had zero revenues thus far&#8211;has changed the game on the consumption of social media.</p>
<p>Its innovative social magazine concept is attempting to make the social networking universe more accessible, consumable and, perhaps most importantly, visually arresting via its rich app.</p>
<p>Essentially, Flipboard pulls information from media RSS feeds and sites such as Twitter and Facebook data streams and then reassembles it in an easy-to-navigate, personalized format in a mobile tablet touchscreen environment.</p>
<p>In its current offering, there are pull-quotes, photos, videos, status updates and even the first paragraphs of linked-out content. There is also the ability to comment and share, as if one were on a social networking or microblogging site.</p>
<p>McCue said the new giant pile of cash will be used to increase its 32-person staff to about 50, international expansion, small acquisitions and more product development on more platforms.</p>
<p>The next in the arena will be the iPhone version of Flipboard, said McCue, followed by one for the Google Android mobile operating system eventually.</p>
<p>Left unsaid, of course, was the need for funding to fight the likelihood of increased competition in the hot space for delivering both professional and social content to consumers on a wide range of devices.</p>
<p>Rivals are varied, such as Silicon Valley&#8217;s most adorable news reader start-up <a href="http://kara.allthingsd.com/20110324/video-the-pulse-boys-to-men-talk-about-huge-growth-of-visual-news-reading-app">Pulse</a> and also <a href="http://kara.allthingsd.com/20110330/when-media-giants-attack-cease-and-desist-letter-to-news-reader-zite">Zite</a>, a news reader which was recently sued for copyright infringement by a group of major publishers.</p>
<p>There are bigger potential players, such as Google, which is trying to find various ways to move into the social space.</p>
<p>In fact, said several sources, Google and others have made acquisition approaches to Flipboard, which has instead opted for raising more funding and staying independent for now.</p>
<p>McCue declined to talk about that, but did note that he is not surprised by publisher interest, especially of the worried and wary kind, in the arena.</p>
<p>&#8220;Anyone not respectful of others&#8217; content is going to get in that kind of trouble,&#8221; he said, noting Flipboard has struck deals with 17 big publishers so far, including this morning&#8217;s announcement about a partnership with <a href="http://kara.allthingsd.com/20110324/video-the-pulse-boys-to-men-talk-about-huge-growth-of-visual-news-reading-app">Oprah Winfrey&#8217;s and Discovery&#8217;s OWN cable network</a>. &#8220;There is not one half to this equation.&#8221;</p>
<p>Right now, the Flipboard app is free and the business plan is advertising and some possible subscription scenarios.</p>
<p>McCue said advertising will be the key to Flipboard&#8217;s business plan in the future, although it&#8217;s not clear if the company will ever sell advertising itself.</p>
<p>Rather, it will partner with publishers seeking better distribution in the explosive tablet and smartphone market, where Flipboard has been gaining traction quickly.</p>
<p>But until that is sorted out, there is now $50 million more in the Flipboard kitty to figure it all out.</p>
<p>&#8220;With this funding, we can grow at the right pace and have a lot of flexibility to get the product right,&#8221; said McCue. &#8220;And, that&#8217;s the most important thing.&#8221;</p>
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