<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>AllThingsD &#187; London</title>
	<atom:link href="http://allthingsd.com/tag/london/feed/" rel="self" type="application/rss+xml" />
	<link>http://allthingsd.com</link>
	<description></description>
	<lastBuildDate>Fri, 10 Feb 2012 19:43:40 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.3.1</generator>
<atom:link rel="hub" href="http://pubsubhubbub.appspot.com"/><image>
		  <url>http://allthingsd.com/theme/images/logo-rss.jpg</url>
		  <title>All Things Digital</title>
		  <link>http://allthingsd.com/</link>
		  <width>144</width>
		  <height>22</height>
	</image>		<item>
		<title>Ginni Rometty's First Few Days Running IBM Have Been Busy</title>
		<link>http://allthingsd.com/20120104/ginni-romettys-first-few-days-running-ibm-have-been-busy/</link>
		<comments>http://allthingsd.com/20120104/ginni-romettys-first-few-days-running-ibm-have-been-busy/#comments</comments>
		<pubDate>Wed, 04 Jan 2012 22:42:04 +0000</pubDate>
		<dc:creator>Arik Hesseldahl</dc:creator>
				<category><![CDATA[Enterprise]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Big Blue]]></category>
		<category><![CDATA[Bridget Van Kralingen]]></category>
		<category><![CDATA[Bruno Di Leo]]></category>
		<category><![CDATA[Delware]]></category>
		<category><![CDATA[Frank Kern]]></category>
		<category><![CDATA[Ginni Rometty]]></category>
		<category><![CDATA[Green Hat]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[Industry Moves]]></category>
		<category><![CDATA[James Bramante]]></category>
		<category><![CDATA[London]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=160099</guid>
		<description><![CDATA[IBM's new CEO, Ginni Rometty, closes her first acquisition and makes her first two big promotions.]]></description>
			<content:encoded><![CDATA[<p><img src="http://allthingsd.com/files/2011/10/rometty-ibm-380x280.png" alt="" title="rometty-ibm" width="380" height="280" class="alignright size-Featured wp-image-136620" />Ginni Rometty has had a busy couple of days to start off her stint as IBM&#8217;s new CEO.</p>
<p>Today, Big Blue closed its first acquisition of the Rometty era, announcing a deal to buy privately held Green Hat, a company that specializes in software for conducting quality tests on software applications for the cloud. It&#8217;s small enough that IBM didn&#8217;t disclose financial terms. Green Hat dates to 1996 and is based in London and Wilmington, Del. Its main stock in trade is to simplify the capital- and labor-intensive job of testing software applications by moving the entire process to the cloud. Once the deal closes, Green Hat will become part of IBM&#8217;s Rational Software business unit.</p>
<p>And if acquisitions weren&#8217;t enough, there have been some promotions too. As first reported by <a href="http://www.bloomberg.com/news/2012-01-04/ibm-promotes-di-leo-van-kralingen-as-ceo-makes-first-changes.html">Bloomberg News</a>, which obtained an internal memo, Rometty named Bruno Di Leo as senior vice president of sales and distribution and Bridget Van Kralingen as new senior vice president of IBM Global Business Services, IBM&#8217;s consulting arm. Van Kralingen is replacing Frank Kern, who is retiring after 35 years at IBM.</p>
<p>Di Leo is a native of Peru, and joined IBM in 1975. His last job was running the high-profile growth markets unit, which specializes in business in the BRIC countries &#8212; Brazil, Russia, India and China. James Bramante was named as his replacement and will be based in Shanghai. The job is an important one as IBM has set a goal of boosting its revenue in these markets to 30 percent of sales by 2015.</p>
]]></content:encoded>
			<wfw:commentRss>http://allthingsd.com/20120104/ginni-romettys-first-few-days-running-ibm-have-been-busy/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Viral Video: Google Street View Address Is Approximately a Hit</title>
		<link>http://allthingsd.com/20111206/viral-video-google-street-view-address-is-approximately-charming/</link>
		<comments>http://allthingsd.com/20111206/viral-video-google-street-view-address-is-approximately-charming/#comments</comments>
		<pubDate>Tue, 06 Dec 2011 08:20:37 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Media]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Address Is Approximate]]></category>
		<category><![CDATA[England]]></category>
		<category><![CDATA[Google Street View]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[photography]]></category>
		<category><![CDATA[production]]></category>
		<category><![CDATA[stop-action]]></category>
		<category><![CDATA[The Theory]]></category>
		<category><![CDATA[toy]]></category>
		<category><![CDATA[video]]></category>
		<category><![CDATA[viral]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=150665</guid>
		<description><![CDATA[This simple Web video shows how good the genre can be. Also, it's pretty.]]></description>
			<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20111206/viral-video-google-street-view-address-is-approximately-charming/address_is_approximate/" rel="attachment wp-att-150670"><img src="http://allthingsd.com/files/2011/12/address_is_approximate-640x359.png" alt="" title="address_is_approximate" width="640" height="359" class="aligncenter size-large wp-image-150670" /></a></p>
<p>Here&#8217;s a video I beg you not to miss, if you missed it last week in the holiday swirl. Made by a talented London production company called The Theory, using Google Street View, stop-action photography and a toy, it is titled &#8220;Address Is Approximate.&#8221;</p>
<p>There is nothing approximate about its success; the video has garnered many million of views since its recent debut and gained much notice for its makers.</p>
<p>Enjoy:</p>
<p><iframe src="http://player.vimeo.com/video/32397612?title=0&amp;byline=0&amp;portrait=0" width="640" height="360" frameborder="0" webkitAllowFullScreen mozallowfullscreen allowFullScreen></iframe>
<p><a href="http://vimeo.com/32397612">Address Is Approximate</a> from <a href="http://vimeo.com/user4317458">The Theory</a> on <a href="http://vimeo.com">Vimeo</a>.</p>
]]></content:encoded>
			<wfw:commentRss>http://allthingsd.com/20111206/viral-video-google-street-view-address-is-approximately-charming/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Autonomy: When All Else Fails, Blame the Bankers</title>
		<link>http://allthingsd.com/20110930/autonomy-when-all-else-fails-blame-the-bankers/</link>
		<comments>http://allthingsd.com/20110930/autonomy-when-all-else-fails-blame-the-bankers/#comments</comments>
		<pubDate>Fri, 30 Sep 2011 23:52:27 +0000</pubDate>
		<dc:creator>Arik Hesseldahl</dc:creator>
				<category><![CDATA[Enterprise]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[acquistions]]></category>
		<category><![CDATA[Autonomy]]></category>
		<category><![CDATA[Britain]]></category>
		<category><![CDATA[Douglas Kehring]]></category>
		<category><![CDATA[Frank Quattrone]]></category>
		<category><![CDATA[Hewlett-Packard]]></category>
		<category><![CDATA[HP]]></category>
		<category><![CDATA[Larry Ellison]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[Mark Hurd]]></category>
		<category><![CDATA[markets]]></category>
		<category><![CDATA[mergers and acquisitions]]></category>
		<category><![CDATA[Mike Lynch]]></category>
		<category><![CDATA[New York]]></category>
		<category><![CDATA[New York Stock Exchange]]></category>
		<category><![CDATA[Oracle]]></category>
		<category><![CDATA[Qatalyst Partners]]></category>
		<category><![CDATA[share prices]]></category>
		<category><![CDATA[stock trading]]></category>
		<category><![CDATA[trading]]></category>
		<category><![CDATA[United Kingdom]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=126512</guid>
		<description><![CDATA[He still says he never shopped his company to Oracle, and Autonomy CEO Mike Lynch keeps changing his story. Wait till you read the email from his banker to Oracle President Mark Hurd.]]></description>
			<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20110930/autonomy-when-all-else-fails-blame-the-bankers/improveyourmemorybook-feature/" rel="attachment wp-att-127118"><img src="http://allthingsd.com/files/2011/09/improveyourmemorybook-feature-380x285.png" alt="" title="improveyourmemorybook-feature" width="380" height="285" class="alignright size-Featured wp-image-127118" /></a>Rule No. 1 when you find yourself in a public relations hole: Stop digging. Mike Lynch, the CEO of Autonomy, the software company being acquired by Hewlett-Packard in an $11.7 billion deal, seems not to have learned this lesson, because the hole he&#8217;s in keeps getting deeper.</p>
<p>As we reported Wednesday, Oracle decided to slap Lynch silly with a <a href="http://allthingsd.com/20110928/oracle-you-have-a-very-bad-memory-mr-lynch/">public rebuke</a> concerning his comments to The Wall Street Journal that his company <a href="http://blogs.wsj.com/digits/2011/09/27/autonomy-ceo-fires-back-at-larry-ellison/">had never been shopped to Oracle</a>.</p>
<p>Always eager to clear up the record &#8212; just, well, you know, <em>because</em> &#8212; Oracle went on to publish the PowerPoint slides sent by investment banker Frank Quattrone of Qatalyst Partners to Mark Hurd in January. The slides may or may not have had anything to do with a meeting held by Lynch, Quattrone, Oracle President Mark Hurd and its head of M&#038;A, Douglas Kehring, in April. <em>Or not!</em> You see, the stories vary.</p>
<p>(Oracle, by the way, has since taken down the slides, but you can still <a href="http://allthingsd.com/20110929/mike-lynch-to-oracle-oh-you-mean-those-slides/">read them here</a>. <strong>Update: And we&#8217;re now told the slides are <a href="http://www.oracle.com/us/corporate/features/please-buy-autonomy-503330.html">back up</a></strong>. <em>Interesting!</em>)</p>
<p>But what about the email those slides arrived with originally? Well, a kindly source has sent it to us. Dated Jan. 26 &#8212; you can read it below &#8212; it was sent to Hurd by Quattrone (whose address I&#8217;ve deleted as a courtesy). Judge for yourself, but to me it sure reads like the windup to a sales pitch.</p>
<blockquote class="memo"><p>From: Frank Quattrone <DELETED><br />
Date: January 26, 2011 7:48:37 AM PST<br />
To: &#8220;&#8216;mark.hurd@oracle.com&#8217;&#8221; <mark.hurd@oracle.com><br />
Subject: Fw: Autonomy slides</p>
<p>     Hi Mark,<br />
     It was great to catch up earlier this month. I wanted to follow up by sending the slides I promised on Autonomy. Given its strong position in managing unstructured data (such as video, voice and photos), &#8220;meaning based&#8221; contextual enterprise search, data protection, compliance, archiving and content/web management, I beleive it&#8217;s a very strategic asset that could alter the balance of power in the industry for whoever might acquire it. And despite its strong track record of growth and very high profitability (50 pct margins), it trades at less than 20x earnings and around 11x Ebitda, huge discounts to the other strategic software assets of scale. Please let me know if you would like me to follow up with you, Doug K or otherwise.<br />
     Thanks<br />
     Frank</p></blockquote>
<p>And it was! At least the email part. Quattrone weighed in on the whole kerfuffle via an email to Lynch, which Lynch then shared with the <a href="http://ftalphaville.ft.com/blog/2011/09/29/689091/mike-lynch-and-oracle-frank-replies/">Financial Times Alphaville blog</a>:</p>
<blockquote class="memo"><p>
&#8220;The slides Oracle posted publicly were sent by me to Mark Hurd in January, were prepared by Qatalyst and were for the purpose of our independently pitching Autonomy as an idea to Oracle. These slides were not used in our April meeting with Mark and Doug.&#8221;</p></blockquote>
<p>So what of the meeting in April? Well, apparently it wasn&#8217;t a sales pitch at all. No, <em>really</em>. As Autonomy said in a statement also sent to the FT:</p>
<blockquote class="memo"><p>&#8220;In April 2011, there was a meeting for approximately thirty or forty minutes between Autonomy and Mark Hurd, which was set up by Frank Quattrone as an introduction to Mark Hurd. Oracle is an Autonomy customer. It was made clear that Autonomy was not for sale and no sale process was under way. Mr. Quattrone’s company was not engaged by Autonomy at that time. There has been no other contact with Oracle since then. &#8230;</p>
<p>&#8220;Qatalyst have informed us that the slides Oracle has recently posted on its website were prepared and sent independently by Qatalyst to Oracle on 26 January (the content is clearly from January). This is the first time we have seen them. Autonomy was not involved in this nor was Qatalyst engaged by Autonomy until mid-year. Autonomy did not present these slides in the meeting.</p>
<p>&#8220;Oracle seems a little confused about the sequence of events and origins of the data it has received, something that would suggests it needs better management of and insight into the unstructured data on its internal systems. We would be delighted to help.&#8221;</p></blockquote>
<p><em>Oh, snap!</em> At least Lynch is learning the art  of the snarky retort. So the slides were the work of eager bankers trying to get a deal cooking. And the meeting was just a friendly call by Autonomy&#8217;s CEO on a customer? With an investment banker and another company&#8217;s head of M&#038;A &#8212; two people who have collectively done more Silicon Valley deals than any other people in the world &#8212; joining in just for kicks? Okay then.</p>
<p>While this tit-for-tat seems like a mildly entertaining tempest in a teapot, <em>it&#8217;s a $12 billion teapot!</em> One about which HP shareholders still seem to have a lot of  questions, especially in light of the <a href="http://allthingsd.com/20110922/its-official-meg-whitman-named-hp-ceo-apotheker-out/">management change</a> that has gone on there since <a href="http://allthingsd.com/20110818/hp-reportedly-close-to-10-billion-buyout-of-autonomy-pc-unit-spinoff/">the deal</a> was announced. Time, however, is short: HP is said to be about ready to close on the deal <a href="http://online.wsj.com/article/SB10001424052970204138204576601020671512798.html">Monday.</a></p>
<p>Why is it so important to Lynch that the world believe that Autonomy was <em>not</em> shopping itself, and not engaging in any discussions about selling itself? Because laws in the U.K. about corporate acquisitions are very strict, for one thing. And companies engaging in discussions about being acquired without disclosing that fact to shareholders quickly find themselves in hot water with regulators! That means CEOs in the U.K. get ticklish on this subject very easily.</p>
<p>Of course, the first official public disclosure about Autonomy being in discussions to sell itself to anyone <a href="http://www.reuters.com/article/2011/08/18/idUS197763+18-Aug-2011+RNS20110818">crossed the wires at 1:32 pm New York time on Aug. 18</a>, which, by my watch, is about two minutes after markets had closed in London. The disclosure, however, came about an hour and change after Bloomberg News reported that a deal was near. About 90 minutes after Autonomy&#8217;s disclosure in London &#8212; and with 52 minutes left before the close of markets in New York &#8212; came <a href="http://www.hp.com/hpinfo/newsroom/press/2011/110818b.html">HP&#8217;s confirming statement</a> that it was &#8220;in discussions.&#8221; Then, just after markets closed in New York, the <a href="http://www.hp.com/hpinfo/newsroom/press/2011/110818xc.html">deal was done</a>. That leaves plenty of room for people on both sides of the Atlantic to ask all kinds of fun questions. <em>Anyway</em>. </p>
<p>And as we all know, Oracle &#8212; whether in January or April &#8212; passed on the opportunity to bid on Autonomy, primarily because the price was, as CEO Larry Ellison put it on a conference call last week, &#8220;shockingly high&#8221; at about $6 billion.  And four months later &#8212; or eight, depending on when you start counting &#8212;  on Aug. 18, Hewlett-Packard announced its plans to <a href="http://allthingsd.com/20110818/hewlett-packard-misses-on-earnings-says-goodbye-to-pcs-webos/">acquire Autonomy</a> at nearly twice that price.</p>
<p>So what was the purpose of the April meeting in Oracle&#8217;s board room in Redwood Shores? Was it really a &#8220;lively discussion about databases,&#8221; as Lynch has previously claimed? Or an innocent customer call during which two masters of tech M&#038;A just happened to be in the room? We don&#8217;t know exactly. </p>
<p>But we do know one thing: Having <a href="http://blogs.wsj.com/digits/2011/09/27/autonomy-ceo-fires-back-at-larry-ellison/">first characterized Ellison&#8217;s description of the matter as &#8220;just inaccurate,&#8221;</a> then copping to a previously undisclosed meeting of some kind, Lynch does know how to change his story.</p>
]]></content:encoded>
			<wfw:commentRss>http://allthingsd.com/20110930/autonomy-when-all-else-fails-blame-the-bankers/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>U.K. Arrests Two More Suspected Members of LulzSec</title>
		<link>http://allthingsd.com/20110902/uk-arrests-two-more-suspected-members-of-lulzsec/</link>
		<comments>http://allthingsd.com/20110902/uk-arrests-two-more-suspected-members-of-lulzsec/#comments</comments>
		<pubDate>Fri, 02 Sep 2011 13:30:29 +0000</pubDate>
		<dc:creator>Arik Hesseldahl</dc:creator>
				<category><![CDATA[Enterprise]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[anonymous]]></category>
		<category><![CDATA[Arizona]]></category>
		<category><![CDATA[hackers]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[Lulz Security]]></category>
		<category><![CDATA[LulzSec]]></category>
		<category><![CDATA[police]]></category>
		<category><![CDATA[Scotland Yard]]></category>
		<category><![CDATA[security]]></category>
		<category><![CDATA[Sony]]></category>
		<category><![CDATA[Texas]]></category>
		<category><![CDATA[Twitter]]></category>
		<category><![CDATA[United Kingdom]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=116560</guid>
		<description><![CDATA[Police in the U.K. make the second pair of arrests in as many days in their ongoing investigation into the activities of the LulzSec and Anonymous hacker gangs.]]></description>
			<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20110621/lolzsec-shrugs-after-scotland-yard-nabs-hacking-suspect/lulzsec_yard/" rel="attachment wp-att-89188"><img src="http://allthingsd.com/files/2011/06/lulzsec_yard-380x285.jpg" alt="" title="lulzsec_yard" width="380" height="285" class="alignright size-Featured wp-image-89188" /></a><br />
The summer that started out dominated by news of attacks by the hacker gang LulzSec/Anonymous is closing with news of more arrests of alleged members of the group by police in the U.K.</p>
<p>Scotland Yard says it has nabbed two more people that it says are members of the group; one of them is said to be connected to crimes committed under cover of the online identity &#8220;<a href="https://twitter.com/#!/lolspoon">Kayla</a>.&#8221;</p>
<p>In a <a href="http://content.met.police.uk/News/Two-arrests-in-hacktivist-investigation/1260269565705/1257246745756">statement</a>, police did not release the names of the two men arrested. They are aged 20 and 24, and one comes from the town of <a href="http://en.wikipedia.org/wiki/Mexborough">Mexborough</a>, while the other comes from <a href="http://en.wikipedia.org/wiki/Warminster">Warminster</a>. The arrests were conducted in cooperation with local police and the FBI. In one case, a home was searched and computer equipment taken.</p>
<p>It was the second pair of arrests in as many days. On Thursday, police <a href="http://content.met.police.uk/News/Further-charges-in-Police-Central-eCrime-Unit-inquiry/1260269562485/1257246745756">arrested two others</a> as part of the growing worldwide investigation into the activities of LulzSec and Anonymous.</p>
<p>And yet the hacker crimes continue, seemingly unabated. Anonymous has dubbed today &#8220;Texas Takedown Thursday&#8221; or <a href="https://twitter.com/#!/search?q=%23TTT">#TTT</a> on Twitter. The target: Law enforcement agencies in the state of Texas, in apparent retaliation for the <a href="http://allthingsd.com/20110719/16-arrested-in-nationwide-hacker-crackdown/">arrests earlier this summer</a> of 16 people said to be associated with Anonymous.</p>
<p>The group says it has leaked about three gigabytes worth of email and other data from private email accounts it says belong to certain police officials in Texas. It also claimed credit for defacing a Web site belonging to the <a href="http://texaspolicechiefs.org/">Texas Police Chiefs Association</a>.</p>
<p>It&#8217;s the second such targeting of police officers in a particular state. In June, the group went after the <a href="http://allthingsd.com/20110624/arizona-confirms-lulzsec-docs-are-authentic-worries-about-officer-safety/">Arizona State Police</a>, posting home addresses of officers.</p>
<p>LulzSec and Anonymous, in their various contortions, have had a busy summer. The group and its sympathizers started out <a href="http://allthingsd.com/20110604/sony-hacked-for-what-seems-to-be-the-umpteenth-time/">making Sony&#8217;s existence miserable</a>, on the heels of an attack on the PlayStation network; the attack brought the network down <a href="http://allthingsd.com/20110506/as-sony-says-its-turning-a-corner-talk-of-another-attack-looms/">for several weeks</a>.</p>
]]></content:encoded>
			<wfw:commentRss>http://allthingsd.com/20110902/uk-arrests-two-more-suspected-members-of-lulzsec/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Google Confirms That Groupon COO Will Be Google&#039;s Margo Georgiadis</title>
		<link>http://allthingsd.com/20110421/groupon-coo-will-be-googles-margo-georgiadis/</link>
		<comments>http://allthingsd.com/20110421/groupon-coo-will-be-googles-margo-georgiadis/#comments</comments>
		<pubDate>Thu, 21 Apr 2011 18:14:09 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Mobile]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Social]]></category>
		<category><![CDATA[acquisition]]></category>
		<category><![CDATA[AdSense]]></category>
		<category><![CDATA[advertising]]></category>
		<category><![CDATA[AdWords]]></category>
		<category><![CDATA[Andrew Mason]]></category>
		<category><![CDATA[appointment]]></category>
		<category><![CDATA[arrivals departures feature]]></category>
		<category><![CDATA[bio]]></category>
		<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[Brad Keywell]]></category>
		<category><![CDATA[buying]]></category>
		<category><![CDATA[candidate]]></category>
		<category><![CDATA[card]]></category>
		<category><![CDATA[channel]]></category>
		<category><![CDATA[Checkout]]></category>
		<category><![CDATA[Chicago]]></category>
		<category><![CDATA[COO]]></category>
		<category><![CDATA[Crain's Chicago Business]]></category>
		<category><![CDATA[customer]]></category>
		<category><![CDATA[David Rosenblatt]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[Discover Financial Services]]></category>
		<category><![CDATA[display]]></category>
		<category><![CDATA[DoubleClick]]></category>
		<category><![CDATA[employee]]></category>
		<category><![CDATA[England]]></category>
		<category><![CDATA[Eric Lefkofsky]]></category>
		<category><![CDATA[experience]]></category>
		<category><![CDATA[funding]]></category>
		<category><![CDATA[global]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Google Places]]></category>
		<category><![CDATA[Groupon]]></category>
		<category><![CDATA[growth]]></category>
		<category><![CDATA[Harvard Business School]]></category>
		<category><![CDATA[Harvard College]]></category>
		<category><![CDATA[hire]]></category>
		<category><![CDATA[Illinois]]></category>
		<category><![CDATA[Industry Moves]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[investor]]></category>
		<category><![CDATA[IPO]]></category>
		<category><![CDATA[job]]></category>
		<category><![CDATA[John Pletz]]></category>
		<category><![CDATA[Kara Swisher]]></category>
		<category><![CDATA[local]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[management]]></category>
		<category><![CDATA[Margo Georgiadis]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[MBA]]></category>
		<category><![CDATA[McKinsey and Company]]></category>
		<category><![CDATA[Nikesh Arora]]></category>
		<category><![CDATA[offer]]></category>
		<category><![CDATA[operations]]></category>
		<category><![CDATA[practice]]></category>
		<category><![CDATA[product]]></category>
		<category><![CDATA[publisher]]></category>
		<category><![CDATA[region]]></category>
		<category><![CDATA[resume]]></category>
		<category><![CDATA[retail]]></category>
		<category><![CDATA[Rob Solomon]]></category>
		<category><![CDATA[sales]]></category>
		<category><![CDATA[search]]></category>
		<category><![CDATA[Silicon Valley]]></category>
		<category><![CDATA[strategy]]></category>
		<category><![CDATA[Synetro Capital LLC]]></category>
		<category><![CDATA[venture]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=42971</guid>
		<description><![CDATA[Margo Georgiadis, VP of Global Sales Operations at Google, will be COO of Groupon, Google confirmed. She is currently located in Chicago, where the social buying site is headquartered.

Besides COO, BoomTown will officially bestow the title of "Chief Cat Wrangler" on her in recognition of the massive organizational job ahead of her at the notoriously chaotic start-up.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2011/04/24b21ba.jpg"><img src="http://kara.allthingsd.com/files/2011/04/24b21ba-275x275.jpg" alt="" title="24b21ba" width="275" height="275" class="alignright size-medium wp-image-42983" /></a></p>
<p>Margo Georgiadis (pictured here), VP of Global Sales Operations at Google, will be COO of Groupon, Google confirmed.</p>
<p>She is currently located in Chicago, where the social buying site is headquartered.</p>
<p>A Google spokesman confirmed the move by Georgiadis, while Groupon&#8211;which specifically denied a query about her appointment that BoomTown made Tuesday&#8211;dithered.</p>
<p>In a statement, her boss, SVP and Chief Business Officer Nikesh Arora said:</p>
<p>&#8220;I&#8217;m grateful for all that Margo has done for our team over the past two years. We will miss her, but we&#8217;re also very excited that she&#8217;s joining a terrific company and a great partner for Google.&#8221;</p>
<p>Besides COO, I will officially bestow the title of &#8220;Chief Cat Wrangler&#8221; on Georgiadis, for the massive organizational job ahead for her at the notoriously chaotic start-up. (As evidenced by <em>Google</em> being the company confirming a major Groupon hire.)</p>
<p>Still, Groupon&#8217;s growth had been stunning. It now has thousands of employees and has already washed out one COO, former Yahoo exec Rob Solomon, whose <a href="http://kara.allthingsd.com/20110322/exclusive-groupon-president-rob-solomon-steps-down/">departure was reported here</a>.</p>
<p>It has also turned down a $6 billion acquisition offer from Google, raised a badillion dollars in venture funding from tech&#8217;s top investors and also is prepping an IPO valuing the company at upwards of $15 billion.</p>
<p><em>Phew!</em></p>
<p>Georgiadis must bring calm to this perfect storm.</p>
<p>Because of her solid resume (see below) and quiet demeanor, I had <a href="http://kara.allthingsd.com/20110329/wanted-groupon-coo-must-like-cat-wrangling-lack-of-spotlight-and-international-travel-post-samwer/">included her in a list of candidates</a> several weeks ago and had queried the social buying company about her specifically this week.</p>
<p>In fact, when I asked for a comment if Georgiadis was hired on Tuesday, a Groupon spokeswoman said: &#8220;This would be news to me. Nothing to announce yet.&#8221;</p>
<p>At the time, Google had the class to simply say &#8220;no comment.&#8221;</p>
<p><a href="http://kara.allthingsd.com/files/2011/03/mason.jpeg"><img src="http://kara.allthingsd.com/files/2011/03/mason-275x196.jpg" alt="" title="mason" width="275" height="196" class="alignleft size-medium wp-image-42122" /></a></p>
<p><em>(Lesson learned!)</em></p>
<p><a href="http://www.chicagobusiness.com/article/20110421/NEWS08/110429964/groupon-hires-coo-from-google">Crain&#8217;s Chicago Business&#8217; John Pletz</a> first posted on Georgiadis&#8217; hiring earlier today.</p>
<p>In any case, Georgiadis is just the kind of candidate that Groupon has been looking for&#8211;a competent and experienced sales and operations exec who would not overshadow its quirky CEO and co-founder Andrew Mason.</p>
<p>As I <a href="http://kara.allthingsd.com/20110329/wanted-groupon-coo-must-like-cat-wrangling-lack-of-spotlight-and-international-travel-post-samwer/">wrote two weeks ago</a>:</p>
<blockquote classs="memo"><p>Lastly, and perhaps most important, the Groupon COO candidate is going to have to accept that the role will not be a CEO-in-waiting, either before or after its inevitable IPO in the next year.</p>
<p>While I have received several tips that co-founder and CEO Andrew Mason might not stay its principal exec, extensive checking with sources inside and outside the company indicate that such a move is highly unlikely.</p>
<p>&#8220;Andrew is beloved to the board, by investors and, most of all, by employees,&#8221; said one source. &#8220;He&#8217;s not going anywhere.&#8221;</p>
<p>Indeed, Mason has a close working relationship with co-founder Brad Keywell, as well as Groupon co-founder and Chairman Eric Lefkofsky.</p>
<p>In fact, despite other business interests, Lefkofsky has been very involved in all key decisions with Mason.</p>
<p>That job, presumably, would fall to the new COO, which Groupon should be hiring sooner rather than later.</p>
<p>&#8220;Groupon needs a world-class COO, who can manage hyper-growth, but also who knows that a No. 2 stays in the background while doing it,&#8221; said another source. &#8220;That&#8217;s a tall order.&#8221;</p></blockquote>
<p>Groupon has looked at a number of top execs, most specificially at former DoubleClick and Google exec David Rosenblatt. Sources said the high-profile exec did not want to play second fiddle to Mason or move to Chicago.</p>
<p>That&#8217;s moot now. Here is Georgiadis&#8217; bio at the Silicon Valley search giant, which shows why Groupon picked her:</p>
<blockquote class="memo"><p>Georgiadis is responsible for driving Google&#8217;s sales operations and strategies across regions, channels and products as well as leading the sales technology teams which enable the successful commercialization of Google’s products (e.g., AdWords, AdSense, display and mobile ads) with advertisers and publishers.</p>
<p>She also leads the company&#8217;s local and commerce businesses, working to extend services like Checkout, Google Places and commerce search to small and large businesses alike.</p>
<p>Before joining Google, Margo was a principal in Synetro Capital LLC, a private investment firm based in Chicago. She also spent five years as the executive vice president of card products and chief marketing officer of Discover Financial Services where she led a radical turnaround of business performance and revitalized its rewards leadership with award-winning new products, customer experience and marketing. Prior to Discover, Margo was a partner at McKinsey and Company for 15 years in London and Chicago. She was a leader in the firm’s marketing and retail practices, and also co-founded and led the customer acquisition and management and retail marketing practices.</p>
<p>She has a bachelor&#8217;s degree in economics from Harvard College and an MBA from Harvard Business School.</p></blockquote>
]]></content:encoded>
			<wfw:commentRss>http://allthingsd.com/20110421/groupon-coo-will-be-googles-margo-georgiadis/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Nokia's Microsoft Partnership: Does the New Strategy Add Up?</title>
		<link>http://allthingsd.com/20110211/live-from-nokias-investor-meeting-does-the-new-strategy-add-up/</link>
		<comments>http://allthingsd.com/20110211/live-from-nokias-investor-meeting-does-the-new-strategy-add-up/#comments</comments>
		<pubDate>Fri, 11 Feb 2011 12:02:08 +0000</pubDate>
		<dc:creator>Ina Fried</dc:creator>
				<category><![CDATA[Mobile]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[agreement]]></category>
		<category><![CDATA[Android]]></category>
		<category><![CDATA[announcement]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[carriers]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[chart]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[chipsets]]></category>
		<category><![CDATA[cost cuts]]></category>
		<category><![CDATA[deal]]></category>
		<category><![CDATA[devices]]></category>
		<category><![CDATA[ecosystem]]></category>
		<category><![CDATA[engineering]]></category>
		<category><![CDATA[engineers]]></category>
		<category><![CDATA[event]]></category>
		<category><![CDATA[financial]]></category>
		<category><![CDATA[Finland]]></category>
		<category><![CDATA[future]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[guidance]]></category>
		<category><![CDATA[handsets]]></category>
		<category><![CDATA[HTC]]></category>
		<category><![CDATA[innovation]]></category>
		<category><![CDATA[intellectual property]]></category>
		<category><![CDATA[introduction]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[investors]]></category>
		<category><![CDATA[Jo Harlow]]></category>
		<category><![CDATA[lead]]></category>
		<category><![CDATA[leaders]]></category>
		<category><![CDATA[leadership]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[Louise Pentland]]></category>
		<category><![CDATA[Mary McDowell]]></category>
		<category><![CDATA[MeeGo]]></category>
		<category><![CDATA[mwc2011]]></category>
		<category><![CDATA[Navteq]]></category>
		<category><![CDATA[Nokia]]></category>
		<category><![CDATA[Nokia Life Tools]]></category>
		<category><![CDATA[North America]]></category>
		<category><![CDATA[OEM]]></category>
		<category><![CDATA[operating systems]]></category>
		<category><![CDATA[opportunities]]></category>
		<category><![CDATA[partnerships]]></category>
		<category><![CDATA[patents]]></category>
		<category><![CDATA[payment]]></category>
		<category><![CDATA[portfolios]]></category>
		<category><![CDATA[price]]></category>
		<category><![CDATA[prices]]></category>
		<category><![CDATA[Q&A]]></category>
		<category><![CDATA[R&D]]></category>
		<category><![CDATA[rivals]]></category>
		<category><![CDATA[royalty]]></category>
		<category><![CDATA[sales]]></category>
		<category><![CDATA[Samsung]]></category>
		<category><![CDATA[services]]></category>
		<category><![CDATA[software]]></category>
		<category><![CDATA[stakeholders]]></category>
		<category><![CDATA[statements]]></category>
		<category><![CDATA[Stephen Elop]]></category>
		<category><![CDATA[Steve Ballmer]]></category>
		<category><![CDATA[strategy]]></category>
		<category><![CDATA[structure]]></category>
		<category><![CDATA[Symbian]]></category>
		<category><![CDATA[tablets]]></category>
		<category><![CDATA[Tero Ojanpera]]></category>
		<category><![CDATA[transition]]></category>
		<category><![CDATA[Windows Phone]]></category>

		<guid isPermaLink="false">http://mobilized.allthingsd.com/?p=3904</guid>
		<description><![CDATA[Nokia has already announced the key piece of its strategy--a shift to Windows Phone for its future smartphones. Now the company is set to talk about the financial implications of that and go through the rest of its strategy, which includes a mix of Symbian and even a dash of MeeGo.

Mobilized has live coverage of the event, which started at around 4 am PT, or noon here in London.]]></description>
			<content:encoded><![CDATA[<p><img src="http://mobilized.allthingsd.com/files/2011/02/Screen-shot-2011-02-11-at-11.59.02-AM-150x150.png" alt="" title="Screen shot 2011-02-11 at 11.59.02 AM" width="150" height="150" class="alignright size-thumbnail wp-image-3909" /></p>
<p>Nokia has already announced the key piece of its strategy&#8211;a <a href="http://mobilized.allthingsd.com/20110211/live-from-nokia-microsoft-press-conference-its-a-windows-phone-world/">shift to Windows Phone</a> for future smartphones. Now the company is set to talk about the financial implications of that and go through the rest of its strategy, which includes a mix of Symbian and even a dash of MeeGo.</p>
<p>The investor event is scheduled to start shortly and due to run until about 2 pm London time. Mobilized will have live coverage, providing our battery holds out. I&#8217;ll try to mention only the high points, however. Mobilized loves numbers, but it is awfully early for a whole lot of financial speak, especially for the U.S. insomniacs tuning in.</p>
<p><strong>12:02 pm</strong>: Still waiting for things to get going. But if you really want something to do, we have plenty of earlier coverage, including the <a href="http://mobilized.allthingsd.com/20110211/live-from-nokia-microsoft-press-conference-its-a-windows-phone-world/">press conference</a> and the <a href="http://mobilized.allthingsd.com/20110210/nokia-confirms-microsoft-partnership-with-youtube-video/">YouTube video</a> of Microsoft CEO Steve Ballmer and Nokia CEO Stephen Elop, as well as a <a href="http://mobilized.allthingsd.com/20110210/exclusive-nokias-stephen-elop-talks-about-how-he-made-his-big-os-decision/">chat with Elop</a> on how he made his big decision.</p>
<p><img src="http://mobilized.allthingsd.com/files/2011/02/Screen-shot-2011-02-11-at-12.07.46-PM-380x269.png" alt="" title="Screen shot 2011-02-11 at 12.07.46 PM" width="380" height="269" class="aligncenter size-Medium380 wp-image-3913" /></p>
<p><strong>12:05 pm</strong>: Okay, things are getting going as Elop takes the stage (the same one as the earlier press conference.</p>
<p><strong>12:06 pm</strong>: Elop is reviewing things. Lots of talk of both challenges and gems. If you read his memo, or anything else he&#8217;s said recently, you have heard this.</p>
<p>Battle of devices to war of ecosystems, etc. Mobilized has this part memorized.</p>
<p><strong>12:09 pm</strong>: Smartphone strategy is just one piece.</p>
<p>Reviewing the three alternatives that Elop considered&#8211;MeeGo, Android or some partnership with Microsoft.</p>
<p>As for Google, Elop says it is the case there are some advantages for that approach.</p>
<p>&#8220;There&#8217;s something happening there. There&#8217;s no denying that.&#8221;</p>
<p>However, Elop says the company was worried it would be late and be just one of many, and was not sure how it could leverage assets like its Navteq location-based services.</p>
<p>&#8220;Our sense was differentiation could be a pretty big challenge,&#8221; Elop says. &#8220;The risk for commoditization would increase dramatically.&#8221;</p>
<p>Feels profit would have eventually moved to Google, with handsets becoming a commodity.</p>
<p>&#8220;It felt a little bit like giving up and not enough like fighting back,&#8221; Elop says.</p>
<p><strong>12:12 pm</strong>: As for Microsoft, Elop says both companies are bringing something to the table.</p>
<p>As expected, Elop is characterizing this as more strategic than just taking a license to Windows Phone. Talking about Nokia services like mapping, local advertising and other things that Nokia can bring to the table.</p>
<p>&#8220;It&#8217;s far more interesting than a simple licensing deal,&#8221; Elop says. This was the only strategy that makes it a three horse race with Google and Apple.</p>
<p>Elop says he is convinced that Nokia will be able to differentiate within the Windows Phone ecosystem on a sustainable basis.</p>
<p><strong>12:15 pm</strong>: There were some challenges and potential disadvantages, he acknowledges. </p>
<p>Top among these is the fact that Windows Phone 7 is new on the market. </p>
<p>&#8220;It&#8217;s early,&#8221; he says. &#8220;Will it succeed?&#8221;</p>
<p><strong>12:17 pm</strong>: Also, there is the issue of being locked in or a lack of control. Elop does not disclose terms but says the company has flexibility and &#8220;substantial control&#8221; over the future of the ecosystem.</p>
<p>&#8220;This is not your mother&#8217;s OEM deal with Microsoft,&#8221; Elop says.</p>
<p><strong>12:17 pm</strong>: Elop says the deal is at the &#8220;term sheet&#8221; stage, noting that the companies have yet to sign the &#8220;definitive agreement.&#8221;</p>
<p><strong>12:18 pm</strong>: Already the engineers are working through, and Elop says this deal will allow Nokia to move far faster than it has in recent years.</p>
<p><strong>12:18 pm</strong>: He&#8217;s also making the cost-saving argument, saying Nokia can focus its investment, which he acknowledges hasn&#8217;t been getting the return it should.</p>
<p>Elop earlier acknowledged that the company expects significant cost savings from the move as well as substantial workforce reductions.</p>
<p>&#8220;Bottom line: Products that are more competitive,&#8221; he says.</p>
<p><strong>12:22 pm</strong>: Operators are excited by a third viable option, Elop says.</p>
<p>&#8220;A two-horse race is not a satisfactory [situation] for operators,&#8221; Elop says.</p>
<p>Elop says that Microsoft-Nokia will be operator-friendly, as compared with Google and Apple.</p>
<p><img src="http://mobilized.allthingsd.com/files/2011/02/Photo_B28F032F-BBA1-BD63-FD8A-3BF89C848BC4-380x285.jpg" alt="" title="Photo_B28F032F-BBA1-BD63-FD8A-3BF89C848BC4" width="380" height="285" class="aligncenter size-Medium380 wp-image-3945" /></p>
<p><strong>12:24 pm</strong>: Elop talking about differentiation&#8211;a key concern of analysts and investors.</p>
<p>Elop talks about Windows Phone as offering differentiation form Apple and Google, but also insisting that Nokia has the assets and business terms it needs to stand out from other Windows Phones. He focuses on camera technologies and &#8220;unique relationship.&#8221;</p>
<p>Stresses again that this is not a standard handset maker agreement. But he also says that just because Nokia can change lots of things within Windows Phone, doesn&#8217;t mean it should.</p>
<p>Nokia, he says, must &#8220;resist the temptation to customize just for the sake of customization.&#8221;</p>
<p><strong>12:27 pm</strong>: Now talking about Symbian. For those that missed it, Elop reiterates this is a transition strategy, but adds that the company still expects to sell 150 million more Symbian devices before that transition is complete.</p>
<p><strong>12:29 pm</strong>: Strategy is more than just smartphones. He wants the company to be a leading force in connecting the next billion people to the Internet via phones in emerging markets. &#8220;The market for feature phones is pushing down the price curve and that is an opportunity for Nokia.&#8221;</p>
<p>Nokia will do incremental work in that area&#8211;things like Nokia Money for people that don&#8217;t have a bank account or telephone. Another, Nokia Life Tools, helps connect, say, farmers to market information.</p>
<p>This area is still a target for innovation, he says, but it also faces competition from Chinese-made phones based on MediaTek chipsets.</p>
<p>Elop says that the company must also plan for the future so that it can be disruptive down the road. &#8220;As they say in Finland, it is time to shoot ahead of the duck,&#8221; he says.</p>
<p>That&#8217;s where MeeGo comes in&#8211;the mobile version of Linux that until recently was seen as Nokia&#8217;s future. Nokia said that team will ship a phone later this year and then see where the future is headed.</p>
<p><strong>12:35 pm</strong>: Want to point out <a href="http://www.nytimes.com/2011/02/10/technology/10tech.html?_r=2&#038;pagewanted=all">this New York Times article</a> that said both Google and Microsoft were offering hundreds of millions of dollars in engineering and marketing support in order to woo Nokia.</p>
<p><strong>12:36 pm</strong>: Elop now talking about cost cuts, including significant job reductions.</p>
<p>&#8220;We are not announcing how many and in what country,&#8221; Elop says, but adds that the company wants to move quickly on that front.</p>
<p>He says that he has made changes to the business to ensure speed, including leadership structure changes aimed at ensuring accountability. &#8220;If things go well today, I&#8217;ll be the CEO.&#8221;</p>
<p>Of note, the two of the three business unit leaders are women&#8211;Mary McDowell, who will lead lower-end phones, and Jo Harlow, who will head the smartphone business.</p>
<p><strong>12:40 pm</strong>: Nokia looking for a new leader for its services and developer division. The acting head is Tero Ojanpera, but he will soon be looking for other opportunities within Nokia, Elop says.</p>
<p>Also of note, Louise Pentland, who is head of the legal and intellectual property unit, is being elevated to the top leadership team.</p>
<p>&#8220;We have one of the strongest patent portfolios out there&#8221; he says, adding that he would encourage all players to take a license to said patents. (hear that, Apple?)</p>
<p>New leader of North American sales unit to be named in coming days.</p>
<p>&#8220;We are creating a different industry,&#8221; Elop says in closing his introductory remarks.</p>
<p><strong>12:44 pm</strong>: Elop Brings on CFO Timo Ihamuotila to go through the numbers.</p>
<p><strong>12:46 pm</strong>: Ihamuotila acknowledged Nokia didn&#8217;t meet the targets it had set out to achieve at its last financial analyst day.</p>
<p>&#8220;Our execution did not cut it.&#8221; he says.</p>
<p><strong>12:49 pm</strong>: Ah, Now on to the good stuff. CFO talking financial impact from Microsoft deal. Says should be good over the long term. </p>
<p>Slide shows royalty payments to Microsoft causing lower gross margins, but says sales and marketing support from Microsoft should lower operating expenses.</p>
<p>&#8220;We will receive substantial go-to market support from Microsoft,&#8221; he says, without giving numbers.</p>
<p><strong>12:52 pm</strong>: Ihamuotila talking now about the company&#8217;s long-term targets for devices and services period &#8220;after the transition period.&#8221;</p>
<p>Device sales to grow faster than the market, with operating margins of 10 percent or more&#8211;but this is only after the transition period, which the company has said could last this year and next.</p>
<p>Significant uncertainties in this period.</p>
<p>Ihamuotila shows a slide showing Symbian sales slowly giving way to Windows Phone with lower-end mobile phones remaining about half of sales.</p>
<p><strong>12:57 pm</strong>: Ihamuotila shows chart of how it expects to cut R&#038;D with the company investing less in services, more in entry-level phones and far less on MeeGo, though still some. The investment in Symbian will be replaced by a far lower investment in Windows Phone R&#038;D. Overall, R&#038;D should be a fraction of what it was.</p>
<p><strong>1:02 pm</strong>: Over long term, Ihamuotila says that the Microsoft deal should help significantly boost the company&#8217;s Navteq navigation business.</p>
<p>&#8220;We think this new strategy is the best way to maximize long-term value, both to our shareholders and to other stakeholders,&#8221; Ihamuotila says.</p>
<p>On to Q&#038;A for financial analysts.</p>
<p><strong>1:03 pm</strong>: Question on how Nokia will keep employees motivated, something else and when to expect the first Windows Phone.</p>
<p>&#8220;Thanks for the one question&#8221; Elop quips, before addressing them in turn.</p>
<p>Elop says that the key is on focused innovation so they see the fresh opportunities (at least for the ones who don&#8217;t get cut by the large workforce reductions also promised).</p>
<p>He also pointed to his sharply worded memo, which he said was designed to convey the message that &#8220;Here is the truth, we&#8217;re making decisions and we&#8217;re moving forward.&#8221;</p>
<p>Won&#8217;t give date on first Windows Phone, but says again that the move will allow a substantially faster pace than the company was on with Symbian.</p>
<p><strong>1:07 pm</strong>: Elop is asked about some of the challenges with Microsoft and Nokia each responsible for different pieces of software and services, as opposed to Google and Apple, where things are more integrated.</p>
<p>&#8220;We wanted to drive operational simplicity,&#8221; Elop says, adding that the companies talked about other arrangements, though not a full-on acquisition. The companies, Elop says, decided not to go with the operational complexity of a joint venture.</p>
<p><strong>1:10 pm</strong>: Elop says Nokia has opportunities to differentiate from other Windows Phone devices, but adds it is in Nokia&#8217;s interest for there to be other strong handset players supporting Windows Phone.</p>
<p>&#8220;We&#8217;ve got to make Windows Phone successful,&#8221; he says.</p>
<p>Nokia&#8217;s mapping technology, he says, will benefit rivals like Samsung and HTC. &#8220;We&#8217;re willing to make those trades,&#8221; Elop says.</p>
<p><strong>1:11 pm</strong>: Elop is asked why he feels comfortable with a &#8220;bet the farm&#8221; strategy on Microsoft, a company he clearly knows well.</p>
<p>Elop points out that it was harder to see how Microsoft would rapidly be successful without someone like Nokia.</p>
<p>&#8220;But this is now different,&#8221; he says, adding that this is now an ecosystem that Microsoft and Nokia are jointly helping to build.</p>
<p>Mapping and local advertising were not part of the ecosystem before the Nokia-Microsoft partnership.</p>
<p>As for impact of the transition, it&#8217;s hard to say, Elop says. Symbian is strong in some places where Apple and Google are present today.</p>
<p><strong>1:14 pm</strong>: Asked whether Nokia will remain profitable during the transition.  &#8220;It&#8217;s hard to say financially, and I am not going to provide any further specific guidance.&#8221;</p>
<p><strong>1:17 pm</strong>: Elop won&#8217;t say when the first Windows Phone will ship, but lots and lots by next year at various price points.</p>
<p>&#8220;We&#8217;ll be shipping in volume in 2012,&#8221; he says.</p>
<p><strong>1:20 pm</strong>: Another two-parter! 1) Why will Symbian be supported if it is transitioning away? 2) Why does Nokia think it will be able to have double-digit operating margins using someone else&#8217;s platform?</p>
<p>Elop: They recognize Symbian is key to Nokia being able to transition, but he agrees that consumers will have to want the Symbian phones Nokia builds. CFO also notes that less than half of Symbian phones are sold through carriers.</p>
<p>As for question on margins, CFO says the company has opportunities for higher margins around services and advertising.</p>
<p><strong>1:23 pm</strong>: Asked about how the company is confident Windows Phone can get to lower prices, Elop says that was a key consideration, down to which chipsets will be supported, etc.</p>
<p>Between the two companies there was a lot of work to get a high degree of confidence.</p>
<p>&#8220;That was a critical evaluation,&#8221; he says.</p>
<p>That said, Elop agrees there is a smartphone market below Windows Phone that Nokia will manage with an evolution of today&#8217;s Series 30 and Series 40 operating systems.</p>
<p><strong>1:31 pm</strong>: Elop: Some of the hardware designs that would have run MeeGo or Symbian will be repurposed for Windows Phone. Some devices may come out with similar models for both Windows Phone and Symbian.</p>
<p><strong>1:32 pm</strong>: Question again on who pays whom in Microsoft-Nokia. Is there a lump payment from Microsoft?</p>
<p>Elop doesn&#8217;t answer and instead refers to slide that shows opportunities on both sides. Saying value going both ways. As for Microsoft&#8217;s payments, &#8220;That is a significant part of the conversation,&#8221; Elop says.</p>
<p><strong>1:35 pm</strong>: Two good questions: Can Windows Phone be put on any current devices? What happens to QT development layer that Nokia bought and had sought to unify developer approach?</p>
<p>Elop: It&#8217;s not as simple as plugging in and downloading on to current phones, though some technologies can be repurposed.</p>
<p>QT continues to be the development for Symbian and lone MeeGo device. Also could have a role on low-end devices.</p>
<p>However, Elop says, &#8220;We are not proposing a QT on Windows Phone&#8221; approach. Adding another development environment could fork the ecosystem, which is not good for Nokia or Windows Phone, he says. Development environment for Windows Phone will be Silverlight and XNA&#8211;Microsoft&#8217;s current tools.</p>
<p><strong>1:38 pm</strong>: Asked about branding, he says in some cases you will see both Microsoft and Nokia brands. Examples could include Nokia Search powered by Bing or Bing maps powered by Nokia, though he says those are examples and not final choices.</p>
<p><strong>1:39 pm</strong>: Asking about tablets, questioner points out that Nokia had an early lead in tablets, but Apple &#8220;stole the show.&#8221;</p>
<p>&#8220;We are not announcing today a specific tablet strategy,&#8221; he reiterates, saying that Microsoft creates opportunities.</p>
<p>Elop notes that there are rumors of Windows Phone and Windows that could power tablets.</p>
<p>&#8220;We could do that,&#8221; he says. &#8220;We might do that.&#8221;</p>
<p>Also an opportunity for Nokia to step back into the game using its own software.</p>
<p><strong>1:41 pm</strong>: Elop  wrapping up.</p>
<p>&#8220;We have set a new course for Nokia,&#8221; he says, adding that despite what has been written, Nokia is still an incredibly powerful company, though perhaps not in North America. &#8220;Today we are diving forward&#8221; he says. &#8220;We have a strong partner in Microsoft who is incented as are we in making this successful.&#8221;</p>
<p>Investor guy closes by reminding there were forward-looking statements. He&#8217;s still going as people leave the room.</p>
<blockquote class="memo" style="background:#faf5e5;font-style:normal;"><p>
<b>COMPLETE COVERAGE:</b></p>
<ul>
<li><a href="http://mobilized.allthingsd.com/20110211/nokias-stephen-elop-talks-to-mobilized-about-the-big-microsoft-deal-video/">  Nokia’s Stephen Elop Talks to Mobilized About the Big Microsoft Deal (Video)</a></li>
<li><a href="http://digitaldaily.allthingsd.com/20110211/massive-layoffs-expected-at-nokia/">  Massive Layoffs Expected at Nokia</a></li>
<li><a href="http://mobilized.allthingsd.com/20110211/live-from-nokias-investor-meeting-does-the-new-strategy-add-up/">  Nokia’s Microsoft Partnership: Does the New Strategy Add Up?</a></li>
<li><a href="http://mobilized.allthingsd.com/20110211/live-from-nokia-microsoft-press-conference-its-a-windows-phone-world/">  Live From the Nokia-Microsoft Press Conference: It’s a Windows Phone World After All</a></li>
<li><a href="http://mobilized.allthingsd.com/20110211/more-from-nokia-forecast-gets-cloudy-executive-changes/">  More From Nokia: Forecast Gets Cloudy, Plus Expected Executive Changes</a></li>
<li><a href="http://mobilized.allthingsd.com/20110210/nokia-microsoft-ballmer-and-elops-letter-announcing-the-deal/">  Nokia-Microsoft: What Steve Ballmer and Stephen Elop Have to Say in Their Joint Letter</a></li>
<li><a href="http://mobilized.allthingsd.com/20110210/nokia-confirms-microsoft-partnership-with-youtube-video/">Nokia Confirms Microsoft Partnership With YouTube Video</a></li>
<li><a href="http://digitaldaily.allthingsd.com/20110204/rd-spending-nokia-vs-apple-shows-size-doesnt-matter/">R&#038;D Spending: Nokia Vs. Apple Shows Size Doesn’t Matter</a></li>
<li> <a href="http://digitaldaily.allthingsd.com/20110203/not-seeing-much-return-on-that-massive-rd-spend-are-you-nokia/">Not Seeing Much Return on That Massive R&#038;D Spend, Are You, Nokia?</a></li>
<li>  <a href="http://digitaldaily.allthingsd.com/20110128/nokia-big-and-slow/">Nokia: Big and Slow</a></li>
</ul>
</blockquote>
]]></content:encoded>
			<wfw:commentRss>http://allthingsd.com/20110211/live-from-nokias-investor-meeting-does-the-new-strategy-add-up/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Live From the Nokia-Microsoft Press Conference: It's a Windows Phone World After All</title>
		<link>http://allthingsd.com/20110211/live-from-nokia-microsoft-press-conference-its-a-windows-phone-world/</link>
		<comments>http://allthingsd.com/20110211/live-from-nokia-microsoft-press-conference-its-a-windows-phone-world/#comments</comments>
		<pubDate>Fri, 11 Feb 2011 10:00:51 +0000</pubDate>
		<dc:creator>Ina Fried</dc:creator>
				<category><![CDATA[Mobile]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[featured post]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[mwc2011]]></category>
		<category><![CDATA[Nokia]]></category>
		<category><![CDATA[Stephen Elop]]></category>
		<category><![CDATA[Steve Ballmer]]></category>
		<category><![CDATA[Windows Phone]]></category>
		<category><![CDATA[Windows Phone 7]]></category>

		<guid isPermaLink="false">http://mobilized.allthingsd.com/?p=3886</guid>
		<description><![CDATA[Mobilized has live coverage as Nokia and Microsoft brief reporters and investors on their strategic tie-up.]]></description>
			<content:encoded><![CDATA[<p>There&#8217;s little mystery left, thanks to <a href="http://mobilized.allthingsd.com/20110210/nokia-confirms-microsoft-partnership-with-youtube-video/">YouTube</a>, <a href="http://mobilized.allthingsd.com/20110210/nokia-microsoft-ballmer-and-elops-letter-announcing-the-deal/">open letters</a> and <a href="http://mobilized.allthingsd.com/20110211/more-from-nokia-forecast-gets-cloudy-executive-changes/">press releases</a>, but Nokia is just about ready to start its press conference here in London to discuss the big shift to Windows Phone 7.</p>
<p>Mobilized will have live coverage starting in just a few minutes. </p>
<p><img src="http://mobilized.allthingsd.com/files/2011/02/elop_ballmer.jpg" alt="" title="elop_ballmer" width="380" height="226" class="aligncenter size-full wp-image-3896" /></p>
<p><strong>10:06 am</strong>: Nokia CEO Stephen Elop takes the stage.</p>
<p>Nokia faces challenges. &#8220;The entire market is growing rapidly and we should be setting the pace.&#8221;</p>
<p>Quotes Winston Churchill saying a pessimist sees difficulty in every opportunity. An optimist sees it the other way around.</p>
<p><strong>10:09 am</strong>: He&#8217;s talking about Microsoft partnership now, but no new details yet. Reiterating Windows Phone is the primary smartphone OS for Nokia.</p>
<p>&#8220;We will help drive the future of the platform,&#8221; he said.</p>
<p><strong>10:10 am</strong>: Why Windows Phone? It gives us an opportunity to jointly lead&#8221; a new ecosystem. &#8220;It gives us a faster path to the United States marketplace.&#8221;</p>
<p><strong>10:11 am</strong>: Also good for developers and publishers, Elop says. Noting that Windows developers can use their existing skills.</p>
<p><strong>10:12 am</strong>: Elop promises more on Nokia&#8217;s strategy later today, saying this only one part. With that, Ballmer on stage</p>
<p><strong>10:13 am</strong>: Ballmer: Windows Phone more than just a single product. Brings together stuff from across company including Bing, Office, Xbox as well as third-party services like Facebook and notes its the easiest-to-use smartphone operating system.</p>
<p>&#8220;The people that use Windows Phones have been delighted,&#8221; Ballmer said, without saying just how many people that is. There are 8,000 apps in the marketplace, he said.</p>
<p>&#8220;We do dream bigger though,&#8221; he said, saying the company wants global reach and scale. &#8220;This partnership with Nokia will accelerate, dramatically accelerate the development&#8230; of a Windows Phone ecosystem.&#8221;</p>
<p><img src="http://mobilized.allthingsd.com/files/2011/02/nokia_ballmer-275x206.jpg" alt="" title="nokia_ballmer" width="275" height="206" class="alignleft size-medium wp-image-3903" /></p>
<p><strong>10:16 am</strong>: Ballmer is talking about how it will offer more choice for everyone&#8211;developers, consumers, etc. , not to mention the two companies.</p>
<p>This is just the start, Ballmer said. Already working together to create the first Windows Phone-based Nokia devices, but lots ahead. &#8220;We need to learn along the way.&#8221;</p>
<p><strong>10:19 am</strong>: They are posing for pictures. Now on to Q and A.</p>
<p><strong>10:21 am</strong>: When will the first handset be out?</p>
<p>No specific timing, Elop said, but partnership should allow faster time-to-market. Ballmer said that the two companies&#8217; engineering teams are already working together.</p>
<p>&#8220;When there is news there will be news,&#8221; he said.</p>
<p><strong>10:22 am</strong>: Ballmer stresses that the partnership is non-exclusive and other companies will be making Windows Phones.</p>
<p><strong>10:23 am</strong>: Why Microsoft rather than Android?</p>
<p>Elop: What we assessed essentially was three options: internal options with MeeGo and Symbian. Worried about expanding to low-end price points and quickly develop their own ecosystem. Those two things make it difficult.</p>
<p>&#8220;We absolutely spent time with our colleagues at Google.&#8221; There were pros to chooising Android. &#8220;It&#8217;s moving very quickly. It&#8217;s gaining share.&#8221;</p>
<p><img src="http://mobilized.allthingsd.com/files/2011/02/Photo_97343D4C-6552-2254-112C-2BB065E2EC711-380x285.jpg" alt="" title="Photo_97343D4C-6552-2254-112C-2BB065E2EC71" width="380" height="285" class="aligncenter size-Medium380 wp-image-3949" /></p>
<p>&#8220;Our fundamental belief is we would have difficulty differentiating. The commoditization risk was very high.&#8221;</p>
<p><strong>10:25 am</strong>: What about MeeGo and Symbian?</p>
<p>Elop: Over 200 million Symbian users and see 150 million or more Symbian devices still to ship in the coming months and years.</p>
<p>&#8220;But it is a transition program,&#8221; he said.</p>
<p>MeeGo will ship not as a new smartphone strategy but as a way to learn. And then MeeGo will be used for longer-term planning in trying to determine what comes next in mobile.</p>
<p><img src="http://mobilized.allthingsd.com/files/2011/02/nokia_elop-275x206.jpg" alt="" title="nokia_elop" width="275" height="206" class="alignright size-medium wp-image-3905" /></p>
<p><strong>10:27 am</strong>: Business relationship. Will Nokia pay Microsoft a license fee?</p>
<p>Elop: Quite a bit of value moving both ways. Does respect fact that Windows is royalty-bearing ecosystem, but also Nokia bringing a lot to the table.</p>
<p><strong>10:28 am</strong>: Ballmer: Nokia&#8217;s got other assets, not just mapping assets that Microsoft will make part of platform.</p>
<p><strong>10:29 am</strong>: What happens to Finland?</p>
<p>Elop: &#8220;Nokia is first and foremost and always will be a Finnish company. Finland is our home and it will remain our home.&#8221;</p>
<p>However, he said that the company has to adjust lower its operating expenses. </p>
<p>&#8220;The best thing Nokia can do for Finland is ensure its future success.&#8221;</p>
<p>Elop said the strategy shift will involve cost cuts, including in its workforce.</p>
<p>&#8220;There will be substantial reductions in employment&#8221; around the world, including Finland,&#8221; Elop said.</p>
<p><strong>10:32 am</strong>: Asked what it means for Nokia since Windows Phone is so consumer-oriented.</p>
<p>Ballmer: We designed Windows Phone to be good for all aspect of people&#8217;s lives, not just the business aspect. Early users are a mix of business and consumer users. Promises more features to come that business IT departments will appreciate.</p>
<p><strong>10:34 am</strong>: Asked about impact to costs:</p>
<p>Elop: It is the case we anticipate being able to substantially reduce R&#038;D expenditures.</p>
<p><strong>10:35 am</strong>: Being able to compete against Apple and Android required more than just a consortium like MeeGo but a more focused alliance like the one announced today.</p>
<p>Mobile carriers like it, Elop said.</p>
<p>&#8220;They need a credible alternative,&#8221;  Elop said. &#8220;This is now a three-horse race.&#8221;</p>
<p><img src="http://mobilized.allthingsd.com/files/2011/02/elop_ballmer_stage-275x206.jpg" alt="" title="elop_ballmer_stage" width="275" height="206" class="alignleft size-medium wp-image-3906" /></p>
<p><strong>10:36 am</strong>: One of the things Nokia will do, Elop said, is help Windows Phone move down to lower price points.</p>
<p><strong>10:38 am</strong>: Does Nokia have a tablet strategy?</p>
<p>Elop: The relationship with Microsoft and our strategy going forward gives us different options. Might go with some future Microsoft tablet product, but nothing to announce. Also preserve right to introduce tablets using other approaches, including internal approaches.</p>
<p>Not announcing tablet strategy today.</p>
<p><strong>10:41 am</strong>: How will this help Nokia in North America?</p>
<p>Elop: We have to deliver a complete user experience &#8212; services, iconic devices, operator support. He also suggests there will be new leadership in North America.</p>
<p><strong>10:44 am</strong>: Elop: We&#8217;re here to fight.</p>
<p>Ballmer: Nokia and Microsoft first talked back in November. Elop said he wanted a decision by around this time.</p>
<p>&#8220;That struck me as quick and we&#8217;re here,&#8221; Ballmer said.</p>
<p>End of Q and A.</p>
<blockquote class="memo" style="background:#faf5e5;font-style:normal;"><p>
<b>COMPLETE COVERAGE:</b></p>
<ul>
<li><a href="http://mobilized.allthingsd.com/20110211/nokias-stephen-elop-talks-to-mobilized-about-the-big-microsoft-deal-video/">  Nokia’s Stephen Elop Talks to Mobilized About the Big Microsoft Deal (Video)</a></li>
<li><a href="http://digitaldaily.allthingsd.com/20110211/massive-layoffs-expected-at-nokia/">  Massive Layoffs Expected at Nokia</a></li>
<li><a href="http://mobilized.allthingsd.com/20110211/live-from-nokias-investor-meeting-does-the-new-strategy-add-up/">  Nokia’s Microsoft Partnership: Does the New Strategy Add Up?</a></li>
<li><a href="http://mobilized.allthingsd.com/20110211/live-from-nokia-microsoft-press-conference-its-a-windows-phone-world/">  Live From the Nokia-Microsoft Press Conference: It’s a Windows Phone World After All</a></li>
<li><a href="http://mobilized.allthingsd.com/20110211/more-from-nokia-forecast-gets-cloudy-executive-changes/">  More From Nokia: Forecast Gets Cloudy, Plus Expected Executive Changes</a></li>
<li><a href="http://mobilized.allthingsd.com/20110210/nokia-microsoft-ballmer-and-elops-letter-announcing-the-deal/">  Nokia-Microsoft: What Steve Ballmer and Stephen Elop Have to Say in Their Joint Letter</a></li>
<li><a href="http://mobilized.allthingsd.com/20110210/nokia-confirms-microsoft-partnership-with-youtube-video/">Nokia Confirms Microsoft Partnership With YouTube Video</a></li>
<li><a href="http://digitaldaily.allthingsd.com/20110204/rd-spending-nokia-vs-apple-shows-size-doesnt-matter/">R&#038;D Spending: Nokia Vs. Apple Shows Size Doesn’t Matter</a></li>
<li> <a href="http://digitaldaily.allthingsd.com/20110203/not-seeing-much-return-on-that-massive-rd-spend-are-you-nokia/">Not Seeing Much Return on That Massive R&#038;D Spend, Are You, Nokia?</a></li>
<li>  <a href="http://digitaldaily.allthingsd.com/20110128/nokia-big-and-slow/">Nokia: Big and Slow</a></li>
</ul>
</blockquote>
]]></content:encoded>
			<wfw:commentRss>http://allthingsd.com/20110211/live-from-nokia-microsoft-press-conference-its-a-windows-phone-world/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>More From Nokia: Forecast Gets Cloudy, Plus Expected Executive Changes</title>
		<link>http://allthingsd.com/20110211/more-from-nokia-forecast-gets-cloudy-executive-changes/</link>
		<comments>http://allthingsd.com/20110211/more-from-nokia-forecast-gets-cloudy-executive-changes/#comments</comments>
		<pubDate>Fri, 11 Feb 2011 08:20:30 +0000</pubDate>
		<dc:creator>Ina Fried</dc:creator>
				<category><![CDATA[Mobile]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Alberto Torres]]></category>
		<category><![CDATA[Android]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[MeeGo]]></category>
		<category><![CDATA[Microsoft]]></category>
		<category><![CDATA[Mobilized]]></category>
		<category><![CDATA[mwc2011]]></category>
		<category><![CDATA[Nokia]]></category>
		<category><![CDATA[Stephen Elop]]></category>
		<category><![CDATA[Steve Ballmer]]></category>
		<category><![CDATA[Windows Phone]]></category>

		<guid isPermaLink="false">http://mobilized.allthingsd.com/?p=3874</guid>
		<description><![CDATA[MeeGo's top exec Alberto Torres is out and several other executives are getting new roles, as the Finnish cell phone maker revamps itself around Microsoft's Windows Phone.]]></description>
			<content:encoded><![CDATA[<p>In addition to <a href="http://mobilized.allthingsd.com/20110210/nokia-microsoft-ballmer-and-elops-letter-announcing-the-deal/">announcing its tie-up with Microsoft</a>, Nokia announced a revamping of its executive leadership&#8211;a shift that will have MeeGo EVP Alberto Torres exiting the company. </p>
<p><a href="http://mobilized.allthingsd.com/20110211/more-from-nokia-forecast-gets-cloudy-executive-changes/nokia-original-logo/" rel="attachment wp-att-3876"><img src="http://mobilized.allthingsd.com/files/2011/02/nokia-original-logo-275x207.jpg" alt="" title="nokia original logo" width="275" height="207" class="alignright size-medium wp-image-3876" /></a></p>
<p>The company also said in a statement that the shift makes it difficult to offer a financial forecast for the coming years, although it did say 2011 and 2012 will be &#8220;transition years.&#8221;</p>
<p>&#8220;Due to the initiation of Nokia&#8217;s strategic transformation on February 11, 2011, the full-year prospects for its Devices &#038; Services business are subject to significant uncertainties, and therefore Nokia believes it is not appropriate to provide annual targets for 2011 at the present time,&#8221; the company said in a statement, adding it will continue to offer shorter-term quarterly forecasts.</p>
<p>Even with the move to Windows Phone as its &#8220;primary smartphone platform,&#8221; Nokia said it still expects to sell 150 million more Symbian devices in the years to come, on top of its existing installed base of 200 million devices.</p>
<p>It also isn&#8217;t entirely killing its plans for MeeGo, a version of mobile Linux that was originally slated to be Nokia&#8217;s main future operating system. It said it still expects to ship one device later this year and left the door open to future MeeGo-based products.</p>
<p>&#8220;Under the new strategy, MeeGo becomes an open-source, mobile operating system project,&#8221; Nokia said. &#8220;MeeGo will place increased emphasis on longer-term market exploration of next-generation devices, platforms and user experiences.&#8221;</p>
<p>Mobilized will have more on this as the day progresses, including live coverage from Nokia&#8217;s London investor event later this morning.</p>
<blockquote class="memo" style="background:#faf5e5;font-style:normal;"><p>
<b>COMPLETE COVERAGE:</b></p>
<ul>
<li><a href="http://mobilized.allthingsd.com/20110211/nokias-stephen-elop-talks-to-mobilized-about-the-big-microsoft-deal-video/">  Nokia’s Stephen Elop Talks to Mobilized About the Big Microsoft Deal (Video)</a></li>
<li><a href="http://digitaldaily.allthingsd.com/20110211/massive-layoffs-expected-at-nokia/">  Massive Layoffs Expected at Nokia</a></li>
<li><a href="http://mobilized.allthingsd.com/20110211/live-from-nokias-investor-meeting-does-the-new-strategy-add-up/">  Nokia’s Microsoft Partnership: Does the New Strategy Add Up?</a></li>
<li><a href="http://mobilized.allthingsd.com/20110211/live-from-nokia-microsoft-press-conference-its-a-windows-phone-world/">  Live From the Nokia-Microsoft Press Conference: It’s a Windows Phone World After All</a></li>
<li><a href="http://mobilized.allthingsd.com/20110211/more-from-nokia-forecast-gets-cloudy-executive-changes/">  More From Nokia: Forecast Gets Cloudy, Plus Expected Executive Changes</a></li>
<li><a href="http://mobilized.allthingsd.com/20110210/nokia-microsoft-ballmer-and-elops-letter-announcing-the-deal/">  Nokia-Microsoft: What Steve Ballmer and Stephen Elop Have to Say in Their Joint Letter</a></li>
<li><a href="http://mobilized.allthingsd.com/20110210/nokia-confirms-microsoft-partnership-with-youtube-video/">Nokia Confirms Microsoft Partnership With YouTube Video</a></li>
</ul>
</blockquote>
]]></content:encoded>
			<wfw:commentRss>http://allthingsd.com/20110211/more-from-nokia-forecast-gets-cloudy-executive-changes/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Nokia-Microsoft: What Steve Ballmer and Stephen Elop Have to Say in Their Joint Letter</title>
		<link>http://allthingsd.com/20110210/nokia-microsoft-ballmer-and-elops-letter-announcing-the-deal/</link>
		<comments>http://allthingsd.com/20110210/nokia-microsoft-ballmer-and-elops-letter-announcing-the-deal/#comments</comments>
		<pubDate>Fri, 11 Feb 2011 07:47:04 +0000</pubDate>
		<dc:creator>Ina Fried</dc:creator>
				<category><![CDATA[Mobile]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Android]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[MeeGo]]></category>
		<category><![CDATA[Microsoft]]></category>
		<category><![CDATA[Mobilized]]></category>
		<category><![CDATA[mwc2011]]></category>
		<category><![CDATA[Nokia]]></category>
		<category><![CDATA[Stephen Elop]]></category>
		<category><![CDATA[Steve Ballmer]]></category>
		<category><![CDATA[Windows Phone]]></category>

		<guid isPermaLink="false">http://mobilized.allthingsd.com/?p=3858</guid>
		<description><![CDATA[Now it's even more official, with a joint letter from Microsoft CEO Steve Ballmer and Nokia CEO Stephen Elop outlining the details of the partnership, which will see the Finnish cell phone maker adopting Windows Phone as its "primary smartphone strategy."]]></description>
			<content:encoded><![CDATA[<p>It&#8217;s <em>officially</em> official.</p>
<p>Nokia has <a href="http://conversations.nokia.com/2011/02/11/open-letter-from-ceo-stephen-elop-nokia-and-ceo-steve-ballmer-microsoft/">posted a letter</a> to its Web site from Microsoft CEO Steve Ballmer and its CEO Stephen Elop outlining the partnership between the two companies.</p>
<p><img src="http://mobilized.allthingsd.com/files/2011/02/Ballmer-Elop-150x150.jpg" alt="" title="Ballmer Elop" width="150" height="150" class="alignright size-thumbnail wp-image-3870" /></p>
<p>Mobilized had already <a href="http://mobilized.allthingsd.com/20110209/nokia-appears-on-verge-of-adopting-windows-phone-as-meego-android-fade-from-consideration/">deduced this was coming</a> and confirmed it <a href="http://mobilized.allthingsd.com/20110210/nokia-confirms-microsoft-partnership-with-youtube-video/">earlier this morning, thanks to a video on YouTube</a>.</p>
<p>In the letter, the two CEOs talk about what each brings to the table and promise a tough fight in their uphill battle against the Apple iPhone and Google&#8217;s Android.</p>
<p>&#8220;There are other mobile ecosystems,&#8221; the two wrote. &#8220;We will disrupt them. There will be challenges. We will overcome them.&#8221;</p>
<p>Nokia will have much more to say at a meeting with investors scheduled for noon London time (4 a.m. PT). Mobilized will be there with live coverage.</p>
<p>In the mean time, you can read the letter below and also get some of Elop&#8217;s thought process in deciding to go with Windows Phone by <a href="http://mobilized.allthingsd.com/20110210/exclusive-nokias-stephen-elop-talks-about-how-he-made-his-big-os-decision/">checking out our exclusive interview</a>.</p>
<p>Below is the full text of their letter:</p>
<blockquote class="memo"><p>Today in London, our two companies announced plans for a broad strategic partnership that combines the respective strengths of our companies and builds a new global mobile ecosystem. The partnership increases our scale, which will result in significant benefits for consumers, developers, mobile operators and businesses around the world. We both are incredibly excited about the journey we are on together.</p>
<p>While the specific details of the deal are being worked out, here’s a quick summary of what we are working towards:</p>
<p>• Nokia will adopt Windows Phone as its primary smartphone strategy, innovating on top of the platform in areas such as imaging, where Nokia is a market leader.</p>
<p>• Nokia will help drive and define the future of Windows Phone. Nokia will contribute its expertise on hardware design, language support, and help bring Windows Phone to a larger range of price points, market segments and geographies.</p>
<p>• Nokia and Microsoft will closely collaborate on development, joint marketing initiatives and a shared development roadmap to align on the future evolution of mobile products.</p>
<p>• Bing will power Nokia&#8217;s search services across Nokia devices and services, giving customers access to Bing&#8217;s next generation search capabilities. Microsoft adCenter will provide search advertising services on Nokia’s line of devices and services.</p>
<p>• Nokia Maps will be a core part of Microsoft&#8217;s mapping services. For example, Maps would be integrated with Microsoft&#8217;s Bing search engine and adCenter advertising platform to form a unique local search and advertising experience.</p>
<p>• Nokia&#8217;s extensive operator billing agreements will make it easier for consumers to purchase Nokia Windows Phone services in countries where credit-card use is low.</p>
<p>• Microsoft development tools will be used to create applications to run on Nokia Windows Phones, allowing developers to easily leverage the ecosystem’s global reach.</p>
<p>• Microsoft will continue to invest in the development of Windows Phone and cloud services so customers can do more with their phone, across their work and personal lives.</p>
<p>• Nokia&#8217;s content and application store will be integrated with Microsoft Marketplace for a more compelling consumer experience.</p>
<p>We each bring incredible assets to the table. Nokia&#8217;s history of innovation in the hardware space, global hardware scale, strong history of intellectual property creation and navigation assets are second to none. Microsoft is a leader in software and services; the company’s incredible expertise in platform creation forms the opportunity for its billions of customers and millions of partners to get more out of their devices.</p>
<p>Together, we have some of the world&#8217;s most admired brands, including Windows, Office, Bing, Xbox Live, NAVTEQ and Nokia. We also have a shared understanding of what it takes to build and sustain a mobile ecosystem, which includes the entire experience from the device to the software to the applications, services and the marketplace.</p>
<p>Today, the battle is moving from one of mobile devices to one of mobile ecosystems, and our strengths here are complementary. Ecosystems thrive when they reach scale, when they are fueled by energy and innovation and when they provide benefits and value to each person or company who participates. This is what we are creating; this is our vision; this is the work we are driving from this day forward.</p>
<p>There are other mobile ecosystems. We will disrupt them.</p>
<p>There will be challenges. We will overcome them.</p>
<p>Success requires speed. We will be swift.</p>
<p>Together, we see the opportunity, and we have the will, the resources and the drive to succeed.</p></blockquote>
<blockquote class="memo" style="background:#faf5e5;font-style:normal;"><p>
<b>COMPLETE COVERAGE:</b></p>
<ul>
<li><a href="http://mobilized.allthingsd.com/20110211/nokias-stephen-elop-talks-to-mobilized-about-the-big-microsoft-deal-video/">  Nokia’s Stephen Elop Talks to Mobilized About the Big Microsoft Deal (Video)</a></li>
<li><a href="http://digitaldaily.allthingsd.com/20110211/massive-layoffs-expected-at-nokia/">  Massive Layoffs Expected at Nokia</a></li>
<li><a href="http://mobilized.allthingsd.com/20110211/live-from-nokias-investor-meeting-does-the-new-strategy-add-up/">  Nokia’s Microsoft Partnership: Does the New Strategy Add Up?</a></li>
<li><a href="http://mobilized.allthingsd.com/20110211/live-from-nokia-microsoft-press-conference-its-a-windows-phone-world/">  Live From the Nokia-Microsoft Press Conference: It’s a Windows Phone World After All</a></li>
<li><a href="http://mobilized.allthingsd.com/20110211/more-from-nokia-forecast-gets-cloudy-executive-changes/">  More From Nokia: Forecast Gets Cloudy, Plus Expected Executive Changes</a></li>
<li><a href="http://mobilized.allthingsd.com/20110210/nokia-microsoft-ballmer-and-elops-letter-announcing-the-deal/">  Nokia-Microsoft: What Steve Ballmer and Stephen Elop Have to Say in Their Joint Letter</a></li>
<li><a href="http://mobilized.allthingsd.com/20110210/nokia-confirms-microsoft-partnership-with-youtube-video/">Nokia Confirms Microsoft Partnership With YouTube Video</a></li>
<li><a href="http://digitaldaily.allthingsd.com/20110204/rd-spending-nokia-vs-apple-shows-size-doesnt-matter/">R&#038;D Spending: Nokia Vs. Apple Shows Size Doesn’t Matter</a></li>
<li> <a href="http://digitaldaily.allthingsd.com/20110203/not-seeing-much-return-on-that-massive-rd-spend-are-you-nokia/">Not Seeing Much Return on That Massive R&#038;D Spend, Are You, Nokia?</a></li>
<li>  <a href="http://digitaldaily.allthingsd.com/20110128/nokia-big-and-slow/">Nokia: Big and Slow</a></li>
</ul>
</blockquote>
]]></content:encoded>
			<wfw:commentRss>http://allthingsd.com/20110210/nokia-microsoft-ballmer-and-elops-letter-announcing-the-deal/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Nokia Confirms Microsoft Partnership With YouTube Video</title>
		<link>http://allthingsd.com/20110210/nokia-confirms-microsoft-partnership-with-youtube-video/</link>
		<comments>http://allthingsd.com/20110210/nokia-confirms-microsoft-partnership-with-youtube-video/#comments</comments>
		<pubDate>Fri, 11 Feb 2011 07:36:49 +0000</pubDate>
		<dc:creator>Ina Fried</dc:creator>
				<category><![CDATA[Mobile]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Android]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[MeeGo]]></category>
		<category><![CDATA[Microsoft]]></category>
		<category><![CDATA[mwc2011]]></category>
		<category><![CDATA[Nokia]]></category>
		<category><![CDATA[Stephen Elop]]></category>
		<category><![CDATA[Steve Ballmer]]></category>
		<category><![CDATA[Windows Phone]]></category>

		<guid isPermaLink="false">http://mobilized.allthingsd.com/?p=3853</guid>
		<description><![CDATA[Nokia's official announcement is due any minute, but it has confirmed its plans to partner with Microsoft in a video posted on YouTube.

Irony alert: YouTube is owned by Nokia beauty contest loser Google.]]></description>
			<content:encoded><![CDATA[<p>Nokia&#8217;s official announcement is due any minute, but a YouTube video posted by the company confirms its plans to partner with Microsoft.</p>
<p><img src="http://mobilized.allthingsd.com/files/2011/02/nokia-logo.jpg" alt="" title="nokia logo" width="122" height="46" class="alignright size-full wp-image-3855" /></p>
<p>Irony alert: YouTube is owned by Nokia beauty contest loser Google.</p>
<p>But, in the short video, Nokia CEO Stephen Elop and Microsoft CEO Steve Ballmer only outline the barest of details.</p>
<p>The announcement came ahead of an investor meeting scheduled for noon London time (4 am PT). Mobilized will be there with live coverage.</p>
<p><strong>Update:</strong> It&#8217;s now officially official, with a <a href="http://mobilized.allthingsd.com/20110210/nokia-microsoft-ballmer-and-elops-letter-announcing-the-deal/">joint letter from the two CEOs posted on Nokia&#8217;s Web site</a>.</p>
<p>Here&#8217;s the video:</p>
<p><object width="380" height="244"><param name="movie" value="http://www.youtube.com/v/xe3ksR8zgXg?fs=1&amp;hl=en_US"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/xe3ksR8zgXg?fs=1&amp;hl=en_US" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="380" height="244"></embed></object></p>
]]></content:encoded>
			<wfw:commentRss>http://allthingsd.com/20110210/nokia-confirms-microsoft-partnership-with-youtube-video/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Mobilized Hits London: Blogging on the Wrong Side of the Road</title>
		<link>http://allthingsd.com/20110210/mobilized-hits-london-blogging-on-the-wrong-side-of-the-road/</link>
		<comments>http://allthingsd.com/20110210/mobilized-hits-london-blogging-on-the-wrong-side-of-the-road/#comments</comments>
		<pubDate>Fri, 11 Feb 2011 00:15:28 +0000</pubDate>
		<dc:creator>Ina Fried</dc:creator>
				<category><![CDATA[Mobile]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[Apple Store]]></category>
		<category><![CDATA[Carphone Warehouse]]></category>
		<category><![CDATA[Harry Potter]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[Mobilized]]></category>
		<category><![CDATA[mwc2011]]></category>

		<guid isPermaLink="false">http://mobilized.allthingsd.com/?p=3824</guid>
		<description><![CDATA[Ahead of Nokia's big meeting on Friday, Mobilized took some time to see (and photograph) some of the sights of London, including King's Cross Station, a mobile phone shop and the Apple Store.]]></description>
			<content:encoded><![CDATA[<p>In town for this now infamous <a href="http://mobilized.allthingsd.com/20110210/exclusive-nokias-stephen-elop-talks-about-how-he-made-his-big-os-decision/">Nokia meeting on Friday</a>, Mobilized had some time to see the sights of London on Thursday.</p>
<p><img src="http://mobilized.allthingsd.com/files/2011/02/IMG_3397-200x300.jpg" alt="" title="IMG_3397" width="200" height="300" class="alignright size-medium wp-image-3830" /></p>
<p>I began by making some work-related visits, including a stop at <a href="http://www.carphonewarehouse.com/">Carphone Warehouse</a>, a big seller of phones here in the U.K. and partly owned by U.S. giant Best Buy.</p>
<p>The store had things neatly arranged by category, with most things divided into &#8220;phones&#8221; and &#8220;smarter phones,&#8221; although the iPhone had a display all to its lonesome. The clerk told Mobilized that the iPhone is the most popular, followed by some of HTC&#8217;s Android phones, with BlackBerry also reasonably popular. As for Windows Phone 7 devices, there were none, though she said some were due to arrive next week. Nokia still sold some, but they weren&#8217;t nearly as popular these days, she said.</p>
<p>Considering my work done, I headed to other sites, spending a rainy couple of hours in Camden Market, a great open-air shopping area that is even better when you don&#8217;t have to buy a five-pound Union Jack umbrella just to get around.</p>
<p>From there it was on to King&#8217;s Cross Station, which Harry Potter fans know as the place where students can catch the Hogwarts Express, assuming they can find Platform 9 3/4. Because there are lots of tourists like me, the powers that be have actually put in a Platform 9 3/4 so people can have their picture taken pushing a trolley into the wall.</p>
<p>Finally, I decided I should check out the Regent Street Apple Store to see how Cupertino retail translates. It turns out the store is very similar to Apple&#8217;s stateside stores, with one big difference&#8211;the prices, which are much higher. That explains why Mobilized is always in line behind three Europeans at the store in San Francisco.</p>
<p>For those who like pretty pictures rather than words, here ya go. Cheers.</p>
<p><object width="380" height="285"><param name="flashvars" value="offsite=true&#038;lang=en-us&#038;page_show_url=%2Fphotos%2F59361011%40N04%2Fsets%2F72157625894801945%2Fshow%2F&#038;page_show_back_url=%2Fphotos%2F59361011%40N04%2Fsets%2F72157625894801945%2F&#038;set_id=72157625894801945&#038;jump_to="></param><param name="movie" value="http://www.flickr.com/apps/slideshow/show.swf?v=71649"></param><param name="allowFullScreen" value="true"></param><embed type="application/x-shockwave-flash" src="http://www.flickr.com/apps/slideshow/show.swf?v=71649" allowFullScreen="true" flashvars="offsite=true&#038;lang=en-us&#038;page_show_url=%2Fphotos%2F59361011%40N04%2Fsets%2F72157625894801945%2Fshow%2F&#038;page_show_back_url=%2Fphotos%2F59361011%40N04%2Fsets%2F72157625894801945%2F&#038;set_id=72157625894801945&#038;jump_to=" width="380" height="285"></embed></object></p>
]]></content:encoded>
			<wfw:commentRss>http://allthingsd.com/20110210/mobilized-hits-london-blogging-on-the-wrong-side-of-the-road/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Index Ventures&#039; Danny Rimer and Mike Volpi to Open Silicon Valley Office</title>
		<link>http://allthingsd.com/20110114/index-ventures-danny-rimer-and-mike-volpi-to-open-silicon-valley-office/</link>
		<comments>http://allthingsd.com/20110114/index-ventures-danny-rimer-and-mike-volpi-to-open-silicon-valley-office/#comments</comments>
		<pubDate>Fri, 14 Jan 2011 11:13:29 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Social]]></category>
		<category><![CDATA[analyst]]></category>
		<category><![CDATA[Barksdale Group]]></category>
		<category><![CDATA[Boku]]></category>
		<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[California]]></category>
		<category><![CDATA[Cisco]]></category>
		<category><![CDATA[cloud computing]]></category>
		<category><![CDATA[Danny Rimer]]></category>
		<category><![CDATA[deal]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[entrepreneurs]]></category>
		<category><![CDATA[European]]></category>
		<category><![CDATA[Factual]]></category>
		<category><![CDATA[financial]]></category>
		<category><![CDATA[firm]]></category>
		<category><![CDATA[Flipboard]]></category>
		<category><![CDATA[Geneva]]></category>
		<category><![CDATA[geographical]]></category>
		<category><![CDATA[Hambrecht & Quist]]></category>
		<category><![CDATA[Index Ventures]]></category>
		<category><![CDATA[infrastructure]]></category>
		<category><![CDATA[innovation]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[interview]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[Joost]]></category>
		<category><![CDATA[Kara Swisher]]></category>
		<category><![CDATA[Kleiner Perkins]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[Mary Meeker]]></category>
		<category><![CDATA[Michelangelo Volpi]]></category>
		<category><![CDATA[Mike Volpi]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[New York]]></category>
		<category><![CDATA[Office]]></category>
		<category><![CDATA[Palo Alto]]></category>
		<category><![CDATA[partner]]></category>
		<category><![CDATA[San Francisco]]></category>
		<category><![CDATA[Silicon Valley]]></category>
		<category><![CDATA[staff]]></category>
		<category><![CDATA[Swipely]]></category>
		<category><![CDATA[Switzerland]]></category>
		<category><![CDATA[venture]]></category>
		<category><![CDATA[West Coast]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=39499</guid>
		<description><![CDATA[Two of Index Ventures' high-profile partners--Danny Rimer and Mike Volpi--are opening a new Silicon Valley office for the Europe-based venture firm in September.

The move is actually more of a return home for both men, now located in London, who had lived and worked at tech epicenter for much of their careers.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2011/01/Index_Ventures_logo.png"><img src="http://kara.allthingsd.com/files/2011/01/Index_Ventures_logo.png" alt="" title="Index_Ventures_logo" width="145" height="66" class="alignright size-full wp-image-39500" /></a></p>
<p>Two of Index Ventures&#8217; high-profile partners&#8211;Danny Rimer and Mike Volpi&#8211;are opening a new Silicon Valley office for the Europe-based venture firm in September.</p>
<p>The move is actually more of a return home for both men, now located in London, who had lived and worked at tech epicenter for much of their careers.</p>
<p>Among other things, before their stints at Index, Rimer was an Internet analyst at Hambrecht &#038; Quist and also at the now-defunct Barksdale Group, while Volpi was an exec at Cisco.</p>
<p>BoomTown had been hearing about the possibility of the move for months, but Rimer and Volpi finally confirmed it in an interview yesterday.</p>
<p><a href="http://kara.allthingsd.com/files/2011/01/Mike-Volpi.jpeg"><img src="http://kara.allthingsd.com/files/2011/01/Mike-Volpi.jpeg" alt="" title="Mike Volpi" width="150" height="150" class="alignleft size-full wp-image-39501" /></a></p>
<p>&#8220;We thought we would be better positioned to support our entrepreneurs by being in Silicon Valley,&#8221; said Volpi (pictured here), who left the area when he became CEO of the <a href="http://kara.allthingsd.com/20090706/mike-volpi-jumps-from-joost-to-index-a-boomtown-interview-and-full-press-release">then-hyped Joost</a> premium online video service. &#8220;Having two solid investors from Index on the West Coast was important, as opposed to a chipshot.&#8221;</p>
<p>Volpi noted that of Index&#8217;s $1.3 billion in investments in 173 companies, $400 million was in 58 U.S.-based start-ups. In addition, the firm had helped another 35 move here.</p>
<p>There are currently nine investing partners at Index, which is actually headquartered in Geneva, Switzerland.</p>
<p>Rimer noted that initially it will just be him and Volpi here, as well as some support staff. But it was likely they would expand their office, which will be located in either San Francisco or around Palo Alto, Calif.</p>
<p><a href="http://kara.allthingsd.com/files/2011/01/Danny-Rimer.jpeg"><img src="http://kara.allthingsd.com/files/2011/01/Danny-Rimer-150x150.jpg" alt="" title="Danny Rimer" width="150" height="150" class="alignright size-thumbnail wp-image-39502" /></a></p>
<p>&#8220;It has been a challenge to be a European firm and also be present in the Valley and be considered an insider here,&#8221; said Rimer (pictured here), who <a href="http://kara.allthingsd.com/20070613/danny-rimer-comes-back-to-valley-both-of-them/">often traveled to California</a>. &#8220;There is a lot to have an immediate ability to be face-to-face with our companies.&#8221;</p>
<p>Recent investments by Index in California include Flipboard, Swipely, Boku and Factual.</p>
<p>Rimer and Volpi said the move did not mean deals were only to be found in Silicon Valley, as Index is not focused on geographical investing.</p>
<p>In addition, the pair will continue their focus on cloud computing, infrastructure and social, wherever the investments were to be found.</p>
<p>&#8220;We&#8217;re not coming to the U.S. to do only U.S. deals,&#8221; said Volpi. &#8220;But there is a lot to be said for being part of the daily mix in Silicon Valley.&#8221;</p>
<p>In other words: Party at Mary Meeker&#8217;s house!</p>
<p>(The well-known Morgan Stanley analyst has also recently moved to the West Coast from New York to <a href="http://voices.allthingsd.com/20101129/morgan-stanley-analyst-mary-meeker-moving-to-kleiner-perkins/">join Kleiner Perkins</a>.)</p>
]]></content:encoded>
			<wfw:commentRss>http://allthingsd.com/20110114/index-ventures-danny-rimer-and-mike-volpi-to-open-silicon-valley-office/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Mobile Ad Network Millennial Media Raises $27.5 Million to Fight Apple and Google</title>
		<link>http://allthingsd.com/20110105/mobile-ad-network-millennial-media-raises-27-5-million-to-fight-apple-and-google/</link>
		<comments>http://allthingsd.com/20110105/mobile-ad-network-millennial-media-raises-27-5-million-to-fight-apple-and-google/#comments</comments>
		<pubDate>Wed, 05 Jan 2011 15:37:16 +0000</pubDate>
		<dc:creator>Tricia Duryee</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[Mobile]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[acquisitions]]></category>
		<category><![CDATA[ad]]></category>
		<category><![CDATA[advertising]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[Asia Pacific]]></category>
		<category><![CDATA[Baltimore]]></category>
		<category><![CDATA[Bessemer Venture Partners]]></category>
		<category><![CDATA[Charles River Ventures]]></category>
		<category><![CDATA[Columbia Capital]]></category>
		<category><![CDATA[eMoney]]></category>
		<category><![CDATA[funds]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[international]]></category>
		<category><![CDATA[IPO]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[market share]]></category>
		<category><![CDATA[Millennial Media]]></category>
		<category><![CDATA[mobile ad network]]></category>
		<category><![CDATA[network]]></category>
		<category><![CDATA[New Enterprise Associates]]></category>
		<category><![CDATA[Paul Palmieri]]></category>
		<category><![CDATA[profitability]]></category>
		<category><![CDATA[revenues]]></category>
		<category><![CDATA[statistics]]></category>
		<category><![CDATA[Tricia Duryee]]></category>
		<category><![CDATA[venture capital]]></category>
		<category><![CDATA[Yahoo]]></category>

		<guid isPermaLink="false">http://emoney.allthingsd.com/?p=1220</guid>
		<description><![CDATA[Millennial Media has raised a new round of capital today to help it stay independent and fight the Goliaths in the space, like Apple and Google.

Will it be enough?]]></description>
			<content:encoded><![CDATA[<p>Millennial Media, which is often considered the largest independent mobile ad network in the U.S., has raised $27.5 million.</p>
<p><img src="http://emoney.allthingsd.com/files/2011/01/millenniallogo-275x89.jpg" alt="" title="millenniallogo" width="275" height="89" class="alignright size-medium wp-image-1222" />The funding comes from Bessemer Venture Partners, Columbia Capital, Charles River Ventures and New Enterprise Associates (NEA).</p>
<p>To date, the Baltimore-based company has raised $65 million. But that hardly seems sufficient when fighting Goliaths like Apple and Google, which both made multimillion-dollar acquisitions last year in the space.</p>
<p>Previously, CEO Paul Palmieri said it was Millennial&#8217;s intention to stay an independent company, and therefore aim for an IPO. Is $65 million enough?</p>
<p>The funds will be used for acquisitions in 2011, and to invest in the company&#8217;s international business, which is considered smaller than its competitors&#8217;, such as Google&#8217;s. So far, it has built a team in London, and has begun to expand to the Asia-Pacific region.</p>
<p>Market share statistics are notoriously poor in the space, but in December, IDC estimated that Millennial was the largest independent mobile ad network at 15.4 percent, trailing behind Apple with 18.8 percent share and Google/AdMob with 19 percent share. Millennial&#8217;s share was estimated to be larger than Yahoo&#8217;s 10.1 percent share.</p>
<p>Millennial declined to give specific numbers, but said it achieved &#8220;operational profitability&#8221; in 2010, and tripled its revenues during the year.</p>
]]></content:encoded>
			<wfw:commentRss>http://allthingsd.com/20110105/mobile-ad-network-millennial-media-raises-27-5-million-to-fight-apple-and-google/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Will Oracle and Microsoft Bid on Autonomy?</title>
		<link>http://allthingsd.com/20101216/will-oracle-and-microsoft-bid-on-autonomy/</link>
		<comments>http://allthingsd.com/20101216/will-oracle-and-microsoft-bid-on-autonomy/#comments</comments>
		<pubDate>Thu, 16 Dec 2010 15:24:46 +0000</pubDate>
		<dc:creator>Arik Hesseldahl</dc:creator>
				<category><![CDATA[Enterprise]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[acquisitions]]></category>
		<category><![CDATA[Adobe]]></category>
		<category><![CDATA[Autonomy]]></category>
		<category><![CDATA[bidding war]]></category>
		<category><![CDATA[bonds]]></category>
		<category><![CDATA[Britain]]></category>
		<category><![CDATA[Compellent]]></category>
		<category><![CDATA[Daily Mail]]></category>
		<category><![CDATA[data]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[Dell]]></category>
		<category><![CDATA[FedEx]]></category>
		<category><![CDATA[FTSE]]></category>
		<category><![CDATA[Goodyear]]></category>
		<category><![CDATA[Larry Ellison]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[Loui Vuitton]]></category>
		<category><![CDATA[meaning based computing]]></category>
		<category><![CDATA[Microsoft]]></category>
		<category><![CDATA[NewEnterprise]]></category>
		<category><![CDATA[NYSE]]></category>
		<category><![CDATA[Oracle]]></category>
		<category><![CDATA[rumors]]></category>
		<category><![CDATA[software]]></category>
		<category><![CDATA[Steve Ballmer]]></category>
		<category><![CDATA[storage]]></category>
		<category><![CDATA[structured data]]></category>
		<category><![CDATA[U.K.]]></category>
		<category><![CDATA[United Kingdon]]></category>
		<category><![CDATA[unstructured data]]></category>

		<guid isPermaLink="false">http://newenterprise.allthingsd.com/?p=692</guid>
		<description><![CDATA[A sketchily sourced report out of London says that Oracle and Microsoft may be lining up to bid on the British Software firm Autonomy early in 2011. Rumors are always rumors of course, but there's a good reason to give this one some thought.]]></description>
			<content:encoded><![CDATA[<p><img src="http://newenterprise.allthingsd.com/files/2010/12/autonomy-logo-275x144.jpg" alt="" title="autonomy-logo" width="275" height="144" class="alignright size-medium wp-image-693" />There&#8217;s a sketchily sourced report in the U.K.&#8217;s <a href="http://www.dailymail.co.uk/money/article-1338958/MARKET-REPORT-Autonomy-score-deal.html">Daily Mail</a> this morning saying that the British software concern Autonomy may be the subject of a bidding war between Oracle and Microsoft after the first of the year.</p>
<p>Interest from the two software giants would seem a plausible explanation for the peculiar circumstances around Autonomy&#8217;s on-again, off-again talks about making an acquisition.</p>
<p>In April it said it would sell convertible bonds to raise money&#8211;nearly $800 million&#8211;to fund an acquisition, though it never named a target.</p>
<p>Then suddenly last month the company said the deal it had been working on was being put off because of another unspecified opportunity, which promptly sent its stock reeling. Autonomy shares, which trade on London&#8217;s FTSE, are down 27 percent from their 52-week high. It could be that whatever deal the company was working on was put on the back burner following unexpected overtures from Larry Ellison and Steve Ballmer.</p>
<p>Autonomy specializes in what it calls Meaning Based Computing. Its software is designed to recognize the relationships between structured data&#8211;what you find in an organized database&#8211;and unstructured data&#8211;which can be anything from words in a written document, a speech or conversation, or anything else that has information that isn&#8217;t organized into rows and columns. Its customers run the gamut from businesses such as FedEx, the NYSE, Louis Vuitton and Goodyear to tech firms like Adobe and Cisco Systems.</p>
<p>On its face this rumor is interesting because now that the battle to roll up the data storage firms is largely resolved following <a href="http://newenterprise.allthingsd.com/20101213/dell-to-acquire-compellent/">Dell&#8217;s acquisition of Compellent</a>, one of the next dealmaking battle fronts for the large IT vendors is going to be software that makes managing data in all its various forms easier, more powerful and less costly.</p>
<p>Autonomy certainly fits that bill, and at market valuation in the $7 billion neighborhood, both Oracle and Microsoft could get it done.</p>
<p>However, the cynic in me wonders if this is just a deliberate rumor intended to goose Autonomy&#8217;s flagging stock price. If that&#8217;s the case, <a href="http://online.wsj.com/quotes/main.html?symbol=AU.&#038;type=lse&#038;mod=DNH_S">it appears to have worked</a>.</p>
]]></content:encoded>
			<wfw:commentRss>http://allthingsd.com/20101216/will-oracle-and-microsoft-bid-on-autonomy/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Google Buys Phonetic Arts to Make Machines Sound Human</title>
		<link>http://allthingsd.com/20101203/google-buys-phonetic-arts-to-make-machines-sound-human/</link>
		<comments>http://allthingsd.com/20101203/google-buys-phonetic-arts-to-make-machines-sound-human/#comments</comments>
		<pubDate>Fri, 03 Dec 2010 22:06:05 +0000</pubDate>
		<dc:creator>Tricia Duryee</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[Mobile]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[acquisition]]></category>
		<category><![CDATA[applications]]></category>
		<category><![CDATA[blog]]></category>
		<category><![CDATA[Cambridge]]></category>
		<category><![CDATA[devices]]></category>
		<category><![CDATA[directions]]></category>
		<category><![CDATA[driving]]></category>
		<category><![CDATA[emails]]></category>
		<category><![CDATA[eMoney]]></category>
		<category><![CDATA[engineers]]></category>
		<category><![CDATA[England]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[interactions]]></category>
		<category><![CDATA[keyboards]]></category>
		<category><![CDATA[launch]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[message]]></category>
		<category><![CDATA[natural]]></category>
		<category><![CDATA[Nuance Communications]]></category>
		<category><![CDATA[output]]></category>
		<category><![CDATA[phone]]></category>
		<category><![CDATA[Phonetic Arts]]></category>
		<category><![CDATA[researchers]]></category>
		<category><![CDATA[robotic]]></category>
		<category><![CDATA[screens]]></category>
		<category><![CDATA[services]]></category>
		<category><![CDATA[songs]]></category>
		<category><![CDATA[speech]]></category>
		<category><![CDATA[text]]></category>
		<category><![CDATA[translation]]></category>
		<category><![CDATA[Tricia Duryee]]></category>
		<category><![CDATA[voice]]></category>
		<category><![CDATA[Web search]]></category>

		<guid isPermaLink="false">http://emoney.allthingsd.com/?p=158</guid>
		<description><![CDATA[Google is beefing up its voice services with today's acquisition of Cambridge, England-based Phonetic Arts. Google's view is that voice will be critical going forward to making mobile devices with small screens and keyboards more useful.]]></description>
			<content:encoded><![CDATA[<p>Google is beefing up its voice services with today&#8217;s acquisition of Cambridge, England-based <a href="http://phonetic-arts.com/">Phonetic Arts</a>.</p>
<p><img src="http://emoney.allthingsd.com/files/2010/12/ATDgooglenav-176x300.jpg" alt="" title="Google Voice Actions on mobile" width="176" height="300" class="alignright size-medium wp-image-159" />Google&#8217;s view is that voice will be critical in making mobile devices with small screens and keyboards more useful. Already, it&#8217;s launched a number of services that let people use their voice to conduct a Web search, compose emails, play songs on a phone or get directions.</p>
<p>The acquisition of Phonetic Arts will help in the reverse situation&#8211;when the computer speaks to you, a.k.a. voice output, <a href="http://googleblog.blogspot.com/2010/12/can-we-talk-better-speech-technology.html">the company said in a blog post</a>.</p>
<p>Voice interaction is a field in bloom. There are safe-driving applications that speak your text messages to you, so you can keep your eyes on the road, and Google&#8217;s own translation “speaks” text in multiple languages. Currently, Nuance Communications is one of the leaders in the voice-recognition space.</p>
<p>Google says Phonetic Arts&#8217; team of researchers and engineers will focus on making the interactions less robotic and more natural by using small samples of recorded voice.</p>
<p>Terms weren&#8217;t disclosed, but Phonetic Arts will be joining Google&#8217;s engineering center in London.</p>
]]></content:encoded>
			<wfw:commentRss>http://allthingsd.com/20101203/google-buys-phonetic-arts-to-make-machines-sound-human/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Back in the Day With Woz: A Sneak Peek Inside the New and Improved Computer History Museum</title>
		<link>http://allthingsd.com/20101203/back-in-the-day-with-woz-a-sneak-peek-inside-the-new-and-improved-computer-history-museum/</link>
		<comments>http://allthingsd.com/20101203/back-in-the-day-with-woz-a-sneak-peek-inside-the-new-and-improved-computer-history-museum/#comments</comments>
		<pubDate>Fri, 03 Dec 2010 17:51:56 +0000</pubDate>
		<dc:creator>Drake Martinet</dc:creator>
				<category><![CDATA[Media]]></category>
		<category><![CDATA[Mobile]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Voices]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[Apple 1]]></category>
		<category><![CDATA[Bill Gates]]></category>
		<category><![CDATA[California]]></category>
		<category><![CDATA[Christie's]]></category>
		<category><![CDATA[collection]]></category>
		<category><![CDATA[computer]]></category>
		<category><![CDATA[Computer History Museum]]></category>
		<category><![CDATA[computing]]></category>
		<category><![CDATA[Cray]]></category>
		<category><![CDATA[device]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[Drake Martinet]]></category>
		<category><![CDATA[exhibit]]></category>
		<category><![CDATA[facility]]></category>
		<category><![CDATA[frontpage]]></category>
		<category><![CDATA[gadget]]></category>
		<category><![CDATA[geek]]></category>
		<category><![CDATA[hardware]]></category>
		<category><![CDATA[Homebrew computer club]]></category>
		<category><![CDATA[Honeywell]]></category>
		<category><![CDATA[Honeywell Kitchen Computer]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[IBM Model 026]]></category>
		<category><![CDATA[iMac]]></category>
		<category><![CDATA[innovation]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[interview]]></category>
		<category><![CDATA[iPhone]]></category>
		<category><![CDATA[journalist]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[machine]]></category>
		<category><![CDATA[Mad Men]]></category>
		<category><![CDATA[Microsoft]]></category>
		<category><![CDATA[Mountain View]]></category>
		<category><![CDATA[museum]]></category>
		<category><![CDATA[Neiman Marcus]]></category>
		<category><![CDATA[public]]></category>
		<category><![CDATA[punch card]]></category>
		<category><![CDATA[Revolution: The First 2000 Years of Computing]]></category>
		<category><![CDATA[Silicon Valley]]></category>
		<category><![CDATA[Steve Wozniak]]></category>
		<category><![CDATA[tour]]></category>
		<category><![CDATA[transistor radio]]></category>
		<category><![CDATA[video]]></category>
		<category><![CDATA[wire]]></category>
		<category><![CDATA[Woz]]></category>

		<guid isPermaLink="false">http://voices.allthingsd.com/?p=33419</guid>
		<description><![CDATA[All Things Digital was on hand for a sneak peek at the newly renovated Computer History Museum in Mountain View, Calif., led by none other than Silicon Valley's gadget godfather, Apple co-founder Steve "Woz" Wozniak.]]></description>
			<content:encoded><![CDATA[<p><img src="http://voices.allthingsd.com/files/2010/12/IMG_1213-275x275.jpg" alt="" title="IMG_1213" width="200" height="200" class="alignright size-medium wp-image-33428" /></p>
<p>What could be better than listening to legendary Apple co-founder Steve &#8220;Woz&#8221; Wozniak wax poetic about his first and favorite gadget&#8211;which turns out to be a transistor radio?</p>
<p>Well, doing it inside the newly renovated Computer History Museum in Mountain View, Calif., certainly raises the geek factor to 10.</p>
<p>The museum has spent the last five years planning and installing &#8220;Revolution: The First 2,000 Years of Computing&#8221; and will open the doors to the public on January 10, 2011. That&#8217;s &#8220;011011,&#8221; Woz reminded the small crowd of journalists invited for an early tour of the new Silicon Valley facility.</p>
<p>The museum has more than doubled its public space to accommodate the new exhibit, which includes an impressive collection of the rare, revolutionary and ridiculous&#8211;mostly relating to computing from the 1950s onward.</p>
<p>The whole shebang was largely funded by Microsoft co-founder Bill Gates, whose name features prominently in the signage.</p>
<p>Woz led a tour that highlighted some of the machines that meant most to him. He recounted hours spent at the IBM Model 026 punch card machine, and fawned over a Honeywell Kitchen Computer.</p>
<p>That device was originally sold by Neiman Marcus, complete with mod &#8217;60s styling and bearing the &#8220;Mad Men&#8221;-esque slogan: &#8220;If only she could cook as well as the Honeywell computes.&#8221;</p>
<p>Woz said it was the machine that inspired him to believe computers could be attractive things for the home.</p>
<p>After a long meander through many, many more Woz-ly musings, the tour ended at the Homebrew Computer Club exhibit, complete with an Apple 1&#8211;signed by Woz&#8211;basically identical to the one that recently sold at Christie&#8217;s of London for $210,000. (Woz flew there and signed that one too.)</p>
<p>Once open, the expanded museum promises to be the perfect spot to take that &uuml;ber-geeky date, or just wander and reflect amidst hundreds of miles of wire and mountains of transistors.</p>
<p>No word on whether Woz will also be on permanent display.</p>
<p>He seemed to enjoy it, but you can judge for yourself by checking out our highlight video reel from the tour, complete with an interview about Woz&#8217;s first and favorite gadget, the coming robopocalypse and the iPhone as a future historical artifact.</p>
<p>Enjoy:</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=FA416B72-59B9-4DBD-A14F-9F204A11ABD6&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={FA416B72-59B9-4DBD-A14F-9F204A11ABD6}&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>
]]></content:encoded>
			<wfw:commentRss>http://allthingsd.com/20101203/back-in-the-day-with-woz-a-sneak-peek-inside-the-new-and-improved-computer-history-museum/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Apple I Goes for $210,000 at Auction</title>
		<link>http://allthingsd.com/20101123/apple-i-goes-for-210000-at-auction/</link>
		<comments>http://allthingsd.com/20101123/apple-i-goes-for-210000-at-auction/#comments</comments>
		<pubDate>Tue, 23 Nov 2010 20:29:42 +0000</pubDate>
		<dc:creator>Beth Callaghan</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Voices]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[Apple I]]></category>
		<category><![CDATA[Beth Callaghan]]></category>
		<category><![CDATA[buyer]]></category>
		<category><![CDATA[Christie's]]></category>
		<category><![CDATA[collection]]></category>
		<category><![CDATA[computers]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[frontpage]]></category>
		<category><![CDATA[hardware]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[newsbyte]]></category>
		<category><![CDATA[Steve Jobs]]></category>

		<guid isPermaLink="false">http://voices.allthingsd.com/?p=33069</guid>
		<description><![CDATA[It won't connect to the Internet, and it's definitely not Flash-friendly, but a rare Apple I computer, one of only 200 made, was sold at Christie's in London today for $210,000. It included the original packaging and a signed sales letter from Steve Jobs. The Apple I was originally available from 1976-77 for $666.66. The buyer, Italian businessman Marco Boglione, will restore it to working condition and add it to his collection of Apple computers.]]></description>
			<content:encoded><![CDATA[<p>It won&#8217;t connect to the Internet, and it&#8217;s definitely not Flash-friendly, but <a href="http://news.yahoo.com/s/ap/20101123/ap_on_hi_te/eu_britain_apple_auction;_ylt=Aoa9gUb3bwKD2unhGIerY34jtBAF;_ylu=X3oDMTJwOGdyNHQ2BGFzc2V0A2FwLzIwMTAxMTIzL2V1X2JyaXRhaW5fYXBwbGVfYXVjdGlvbgRjcG9zAzEEcG9zAzEEc2VjA3luX3RvcF9zdG9yeQRzbGsDcmFyZWFwcGxlaWNv">a rare Apple I computer, one of only 200 made, was sold at Christie&#8217;s in London today for $210,000</a>. It included the original packaging and a signed sales letter from Steve Jobs. The Apple I was originally available from 1976-77 for $666.66. The buyer, Italian businessman Marco Boglione, will restore it to working condition and add it to his collection of Apple computers.</p>
]]></content:encoded>
			<wfw:commentRss>http://allthingsd.com/20101123/apple-i-goes-for-210000-at-auction/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>A Day in the Life of a Deal</title>
		<link>http://allthingsd.com/20101117/a-day-in-the-life-of-a-deal/</link>
		<comments>http://allthingsd.com/20101117/a-day-in-the-life-of-a-deal/#comments</comments>
		<pubDate>Wed, 17 Nov 2010 13:00:08 +0000</pubDate>
		<dc:creator>Ethan Smith</dc:creator>
				<category><![CDATA[Media]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Voices]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[Bastille]]></category>
		<category><![CDATA[Beatles]]></category>
		<category><![CDATA[deal]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[digital downloads]]></category>
		<category><![CDATA[download]]></category>
		<category><![CDATA[EMI]]></category>
		<category><![CDATA[Ethan Smith]]></category>
		<category><![CDATA[frontpage]]></category>
		<category><![CDATA[iTunes]]></category>
		<category><![CDATA[Jeff Jones]]></category>
		<category><![CDATA[litigation]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[music]]></category>
		<category><![CDATA[Peter Kafka]]></category>
		<category><![CDATA[retailer]]></category>
		<category><![CDATA[Roger Faxon]]></category>
		<category><![CDATA[sales]]></category>
		<category><![CDATA[software]]></category>
		<category><![CDATA[songs]]></category>
		<category><![CDATA[The Wall Street Journal]]></category>

		<guid isPermaLink="false">http://voices.allthingsd.com/?p=32682</guid>
		<description><![CDATA[After years of litigation and ill will, it took two men just a couple of hours to hammer out the basic terms that would finally bring the Beatles' music to the iTunes Store.

Beatles songs are finally available in Apple's iTunes store. But ATD's Peter Kafka says that iTunes is all about apps these days, while digital music sales have flattened out - and even the Fab Four may have a hard time changing that.]]></description>
			<content:encoded><![CDATA[<p>After years of litigation and ill will, it took two men just a couple of hours to hammer out the basic terms that would finally bring the Beatles&#8217; music to the iTunes Store.</p>
<p>Beatles songs are finally available in Apple&#8217;s iTunes store. But ATD&#8217;s Peter Kafka says that iTunes is all about apps these days, while digital music sales have flattened out&#8211;and even the Fab Four may have a hard time changing that.</p>
<p>The deal was outlined by Jeff Jones, chief executive of the Beatles&#8217; corporate entity, Apple Corps Ltd., and Roger Faxon, CEO of EMI Group Ltd., which owns and distributes the band&#8217;s recordings. The meeting took place at EMI&#8217;s London headquarters this past July 14, less than a month after Mr. Faxon took the reins at EMI.</p>
<p>Under the terms, Apple Inc.&#8217;s digital media store is the Beatles&#8217; exclusive online retailer at least until January, Mr. Faxon said in an interview Tuesday, after the much-awaited deal was announced. It marks the first time that Beatles songs have been available for digital-download sales.</p>
<p>&#8220;Jeff and I sat down shortly after I arrived&#8221; as CEO of EMI, Mr. Faxon recalled. &#8220;We agreed this really was the moment to do this. After that it was very easy to cut a deal.&#8221; They code-named the initiative &#8220;Bastille,&#8221; as it coincided with Bastille Day.</p>
<p><a href="http://online.wsj.com/article/SB10001424052748703628204575618920257903424.html?mod=WSJ_Tech_LEADSecond">Read the rest of this post on the original site</a></p>
]]></content:encoded>
			<wfw:commentRss>http://allthingsd.com/20101117/a-day-in-the-life-of-a-deal/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>TV Studios Aren't Buying Apple's 99-Cent Rentals</title>
		<link>http://allthingsd.com/20100930/tv-studios-arent-buying-apples-99-cent-rentals/</link>
		<comments>http://allthingsd.com/20100930/tv-studios-arent-buying-apples-99-cent-rentals/#comments</comments>
		<pubDate>Thu, 30 Sep 2010 16:05:12 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
				<category><![CDATA[Media]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[99-cent rentals]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[Apple TV]]></category>
		<category><![CDATA[Bank of America]]></category>
		<category><![CDATA[Barry Meyer]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[chairman]]></category>
		<category><![CDATA[Communications & Entertainment Conference]]></category>
		<category><![CDATA[conference]]></category>
		<category><![CDATA[diagnostic]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[entertainment]]></category>
		<category><![CDATA[Goldman Sachs Communacopia]]></category>
		<category><![CDATA[iTunes]]></category>
		<category><![CDATA[Jeff Bewkes]]></category>
		<category><![CDATA[Jeff Zucker]]></category>
		<category><![CDATA[John Paczkowski]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[Merrill Lynch]]></category>
		<category><![CDATA[model]]></category>
		<category><![CDATA[NBC Universal]]></category>
		<category><![CDATA[Philippe Dauman]]></category>
		<category><![CDATA[programming]]></category>
		<category><![CDATA[Reality Distortion Field]]></category>
		<category><![CDATA[Royal Television Conference]]></category>
		<category><![CDATA[season passes]]></category>
		<category><![CDATA[Silicon Valley]]></category>
		<category><![CDATA[Steve Jobs]]></category>
		<category><![CDATA[studio]]></category>
		<category><![CDATA[studios]]></category>
		<category><![CDATA[television]]></category>
		<category><![CDATA[Time Warner]]></category>
		<category><![CDATA[TV execs]]></category>
		<category><![CDATA[TV series]]></category>
		<category><![CDATA[Viacom]]></category>
		<category><![CDATA[video]]></category>
		<category><![CDATA[viewers]]></category>
		<category><![CDATA[Warner Bros.]]></category>

		<guid isPermaLink="false">http://digitaldaily.allthingsd.com/?p=49750</guid>
		<description><![CDATA[Better run a diagnostic on the reality distortion field.…“We think the rest of the studios will see the light and get on board pretty fast,” Steve Jobs said earlier this month of the TV studios wary of its new 99-cent iTunes TV rentals initiative. And while it’s never wise to bet against the Apple CEO, it’s beginning to look like “pretty fast” was an optimistic choice of words.]]></description>
			<content:encoded><![CDATA[<p><img src="http://digitaldaily.allthingsd.com/files/2010/09/hsendisnear.jpg" alt="" title="hsendisnear" width="200" height="200" class="alignright size-full wp-image-49755" />Better run a diagnostic on the reality distortion field&#8230;.</p>
<p>&#8220;We think the rest of the studios will see the light and get on board pretty fast,&#8221; <a href="http://digitaldaily.allthingsd.com/20100901/apple-music-event-2010/">Steve Jobs said earlier this month</a> of the TV studios wary of its new 99-cent iTunes TV rentals initiative. And while it’s never wise to bet against the Apple CEO, it’s beginning to look like “pretty fast” was an optimistic choice of words. Because in a flurry of public comments recently, a growing number of TV execs have decried the 99-cent rental model, which they say undervalues their content.</p>
<p>At the Goldman Sachs Communacopia conference last week, Viacom (VIA.B) CEO Philippe Dauman <a href="http://online.wsj.com/article/SB10001424052748703384204575510153153348466.html">said</a> of it, &#8220;The 99-cent rental is not a good price point. It doesn&#8217;t work for us. We value our content a lot. We don&#8217;t think Apple has it quite right yet.&#8221;</p>
<p>And during his appearance at the conference, NBC Universal CEO Jeff Zucker said pretty much the same thing.   &#8220;We do not think 99 cents is the right price point for our content,&#8221; he argued. &#8220;We thought it would devalue our content.&#8221;</p>
<p>Then there was Warner Bros. Entertainment Chairman Barry Meyer, who trashed Apple’s (AAPL) effort at the<br />
Bank of America/Merrill Lynch 2010 Media, Communications &amp; Entertainment Conference. “<a href="http://www.google.com/hostednews/ap/article/ALeqM5hQB-MxGCm_EEOY8Sknl3BbJNwNngD9I9AVA01">We just don’t think the value proposition is a good one for us,</a>” Meyer said, adding that he’d rather sell season passes to the studio’s TV series and $1.99 and $2.99 per-episode downloads than “open up a rental business in television at a low price.”</p>
<p>And now Time Warner (TWX) CEO Jeff Bewkes has come out against 99-cent iTunes TV rentals.  Speaking at the Royal Television Conference in London, Bewkes echoed the comments of his colleagues, warning that the new model Apple’s pushing will threaten sales of TV shows to network television. &#8220;How can you justify renting your first-run TV shows individually for 99 cents an episode and thereby jeopardize the sale of the same shows as a series to branded networks that pay hundreds of millions of dollars and make those shows available to loyal viewers for free?&#8221; <a href="http://www.hollywoodreporter.com/hr/content_display/news/e3i677c428c4dc16c2cf101f44f7334eaf1">he asked</a>. &#8220;These new entrants must meet a few criteria: They must provide consumers with a superior TV experience, and they must either support or improve the overall economics that funds and creates the programming in the first place.&#8221;</p>
<p><a href="http://www.engadget.com/2010/09/29/apple-tv-review-2010/">Early reviews</a> suggest that Apple has met Bewkes’s first criteria, but given the statements above it’s looking like it may take a bit longer than expected to meet the second, or convince the studios that it has. </p>
]]></content:encoded>
			<wfw:commentRss>http://allthingsd.com/20100930/tv-studios-arent-buying-apples-99-cent-rentals/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Microsoft of Arabia? If Windows Phone 7 Is as Freaky as This Ad, BoomTown Will Take One Now!</title>
		<link>http://allthingsd.com/20100907/microsoft-of-arabia-if-the-windows-7-phone-is-as-freaky-as-this-ad-boomtown-will-take-one-now/</link>
		<comments>http://allthingsd.com/20100907/microsoft-of-arabia-if-the-windows-7-phone-is-as-freaky-as-this-ad-boomtown-will-take-one-now/#comments</comments>
		<pubDate>Tue, 07 Sep 2010 12:15:10 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Media]]></category>
		<category><![CDATA[Mobile]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[advertising]]></category>
		<category><![CDATA[Android]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[England]]></category>
		<category><![CDATA[entertainment]]></category>
		<category><![CDATA[event]]></category>
		<category><![CDATA[font]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[hardware]]></category>
		<category><![CDATA[holidays]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[iPhone]]></category>
		<category><![CDATA[Kara Swisher]]></category>
		<category><![CDATA[Lawrence of Arabia]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[Microsoft]]></category>
		<category><![CDATA[Middle Eastern]]></category>
		<category><![CDATA[movie]]></category>
		<category><![CDATA[operating system]]></category>
		<category><![CDATA[screening]]></category>
		<category><![CDATA[smartphone]]></category>
		<category><![CDATA[telecom]]></category>
		<category><![CDATA[The Revolution Is Coming]]></category>
		<category><![CDATA[trailer]]></category>
		<category><![CDATA[video]]></category>
		<category><![CDATA[Windows Phone 7]]></category>
		<category><![CDATA[Xbox Live]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=33427</guid>
		<description><![CDATA[Cue the desert music, mix in some swirling dust and a mirage, use a Middle Eastern font and a mysterioso tagline of "The Revolution Is Coming," and show it at a movie screening of "Lawrence of Arabia."

At least Microsoft will not be spending its badillions of advertising dollars on the launch of its Windows Phone 7--playing catch-up in the smartphone race--without some style.]]></description>
			<content:encoded><![CDATA[<p><img src="http://kara.allthingsd.com/files/2010/09/windowsphone7-275x276.jpg" alt="" title="windowsphone7" width="275" height="276" class="alignright size-medium wp-image-33428" /></p>
<p>Cue the desert music, mix in some swirling dust and a mirage, use a Middle Eastern font and a mysterioso tagline of &#8220;The Revolution Is Coming,&#8221; and show it at a movie screening of &#8220;Lawrence of Arabia.&#8221;</p>
<p>At least Microsoft (MSFT) will not be spending its badillions of advertising dollars on the launch of its Windows Phone 7&#8211;playing catch-up in the smartphone race&#8211;without some style.</p>
<p>While the trailer below seems to be a one-off for an event in London, it&#8217;s still very different from the basic marketing around the Apple (AAPL) iPhone (&#8220;It&#8217;s magical!&#8221;) and the Google (GOOG) Android mobile operating system (&#8220;It&#8217;s for manly men!&#8221;).</p>
<p>In any case, coming for the holidays, Windows Phone 7 should prove to be a welcome respite from enduring the tiresome bickering of those two behemoths.</p>
<p>Here&#8217;s the video of Microsoft&#8217;s sheikh effort, followed by a recent, more-hipster video of Xbox Live on the Windows Phone 7:</p>
<p><object width="380" height="313"><param name="movie" value="http://www.youtube.com/v/SQZ60k-GCXQ?fs=1&amp;hl=en_US"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/SQZ60k-GCXQ?fs=1&amp;hl=en_US" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="380" height="313"></embed></object></p>
<p><object width="380" height="313"><param name="movie" value="http://www.youtube.com/v/-7tRSR8Cfhw&#038;color1=0xb1b1b1&#038;color2=0xd0d0d0&#038;hl=en_US&#038;feature=player_embedded&#038;fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowScriptAccess" value="always"></param><embed src="http://www.youtube.com/v/-7tRSR8Cfhw&#038;color1=0xb1b1b1&#038;color2=0xd0d0d0&#038;hl=en_US&#038;feature=player_embedded&#038;fs=1" type="application/x-shockwave-flash" allowfullscreen="true" allowScriptAccess="always" width="380" height="313"></embed></object></p>
]]></content:encoded>
			<wfw:commentRss>http://allthingsd.com/20100907/microsoft-of-arabia-if-the-windows-7-phone-is-as-freaky-as-this-ad-boomtown-will-take-one-now/feed/</wfw:commentRss>
		<slash:comments>9</slash:comments>
		</item>
		<item>
		<title>Former Googler Adam Freed Takes COO Job at Etsy, As It Crafts More Funding</title>
		<link>http://allthingsd.com/20100827/former-googler-adam-freed-takes-coo-job-at-etsy-as-it-crafts-more-funding/</link>
		<comments>http://allthingsd.com/20100827/former-googler-adam-freed-takes-coo-job-at-etsy-as-it-crafts-more-funding/#comments</comments>
		<pubDate>Fri, 27 Aug 2010 13:36:22 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Accel Partners]]></category>
		<category><![CDATA[Adam Freed]]></category>
		<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[Brooklyn]]></category>
		<category><![CDATA[Caterina Fake]]></category>
		<category><![CDATA[COO]]></category>
		<category><![CDATA[crafts]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[Dublin]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[Etsy]]></category>
		<category><![CDATA[financial]]></category>
		<category><![CDATA[Flickr]]></category>
		<category><![CDATA[funding]]></category>
		<category><![CDATA[globa]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Hamburg]]></category>
		<category><![CDATA[handmade]]></category>
		<category><![CDATA[Hubert Burda Media]]></category>
		<category><![CDATA[Index Ventures]]></category>
		<category><![CDATA[international]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[investor]]></category>
		<category><![CDATA[Kara Swisher]]></category>
		<category><![CDATA[localization]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[management]]></category>
		<category><![CDATA[New York]]></category>
		<category><![CDATA[Paris]]></category>
		<category><![CDATA[productivity]]></category>
		<category><![CDATA[Rob Kalin]]></category>
		<category><![CDATA[sales]]></category>
		<category><![CDATA[search]]></category>
		<category><![CDATA[Sidney]]></category>
		<category><![CDATA[Start-up]]></category>
		<category><![CDATA[Tokyo]]></category>
		<category><![CDATA[Union Square Partners]]></category>
		<category><![CDATA[venture]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=32976</guid>
		<description><![CDATA[Former Google international exec Adam Freed has taken a job as COO of Etsy, the crafts e-commerce site, which just raised another $20 million in venture funding.

Index Ventures is part of the new round, which also includes previous investor Accel Partners.

Freed speaks nine languages, which will come in handy at Etsy, since it helps craftspeople globally sell handmade items online.]]></description>
			<content:encoded><![CDATA[<p><img src="http://kara.allthingsd.com/files/2010/08/H2F5054-246x300.jpg" alt="" title="_H2F5054" width="246" height="300" class="alignright size-medium wp-image-32997" /></p>
<p>Former Google international exec Adam Freed (pictured here) has taken a job as COO of Etsy, the crafts e-commerce site, which just raised another $20 million in venture funding.</p>
<p>Index Ventures is part of the new round, which also includes previous investor Accel Partners.</p>
<p>Union Square Partners and Hubert Burda Media are also investors, as well as Flickr co-founder Caterina Fake.</p>
<p>Etsy has raised almost $52 million overall since its 2005 founding, which gives it a valuation of more than $300 million.</p>
<p>Etsy&#8217;s CEO is founder Rob Kalin, who took over again as CEO at the start-up last year.</p>
<p>But Freed brings more solid management with a global flavor to Etsy, having been a director of international product management at Google (GOOG). He left the company two years ago.</p>
<p>In that job, he focused on the localization and development of the search giant&#8217;s international products and had also worked in international online sales and operations, including setting up Google&#8217;s online advertising operations in London, Paris, Hamburg, Tokyo and Sydney.</p>
<p>He also established Google&#8217;s multilingual online operations center in Dublin.</p>
<p>Oh, yes, Freed speaks nine languages, which will come in handy at Etsy, since it helps craftspeople globally sell handmade items online.</p>
]]></content:encoded>
			<wfw:commentRss>http://allthingsd.com/20100827/former-googler-adam-freed-takes-coo-job-at-etsy-as-it-crafts-more-funding/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Decoding Google&#039;s Net Neutrality Proposal Blog: The Pixie Dust-Free Edition!</title>
		<link>http://allthingsd.com/20100813/decoding-googles-net-neutrality-proposal-blog-the-pixie-dust-free-edition/</link>
		<comments>http://allthingsd.com/20100813/decoding-googles-net-neutrality-proposal-blog-the-pixie-dust-free-edition/#comments</comments>
		<pubDate>Fri, 13 Aug 2010 12:51:51 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Media]]></category>
		<category><![CDATA[Mobile]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Social]]></category>
		<category><![CDATA[4G]]></category>
		<category><![CDATA[Android]]></category>
		<category><![CDATA[blog]]></category>
		<category><![CDATA[book]]></category>
		<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[broadband]]></category>
		<category><![CDATA[cable]]></category>
		<category><![CDATA[California]]></category>
		<category><![CDATA[cannibilization]]></category>
		<category><![CDATA[Captain Hook]]></category>
		<category><![CDATA[Classic]]></category>
		<category><![CDATA[congress]]></category>
		<category><![CDATA[consumer]]></category>
		<category><![CDATA[corporate]]></category>
		<category><![CDATA[D.C.]]></category>
		<category><![CDATA[deal]]></category>
		<category><![CDATA[debate]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[entertainment]]></category>
		<category><![CDATA[Eric Schmidt]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[FCC]]></category>
		<category><![CDATA[Federal Communications Commission]]></category>
		<category><![CDATA[financial]]></category>
		<category><![CDATA[Foursquare]]></category>
		<category><![CDATA[G5]]></category>
		<category><![CDATA[geo-location]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Googleplex]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[Hokey Pokey]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[J.M. Barrie]]></category>
		<category><![CDATA[Kara Swisher]]></category>
		<category><![CDATA[Kate and Jon Gosselin]]></category>
		<category><![CDATA[legislative]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[Lost]]></category>
		<category><![CDATA[Lost Boys]]></category>
		<category><![CDATA[Mark Zuckerberg]]></category>
		<category><![CDATA[Mary Martin]]></category>
		<category><![CDATA[Microsoft]]></category>
		<category><![CDATA[Mountain View]]></category>
		<category><![CDATA[music]]></category>
		<category><![CDATA[Net neutrality]]></category>
		<category><![CDATA[Never Never Land]]></category>
		<category><![CDATA[Neverland]]></category>
		<category><![CDATA[Open]]></category>
		<category><![CDATA[Peter Pan]]></category>
		<category><![CDATA[pirahna]]></category>
		<category><![CDATA[pixie dust]]></category>
		<category><![CDATA[policymaker]]></category>
		<category><![CDATA[politics]]></category>
		<category><![CDATA[post]]></category>
		<category><![CDATA[power]]></category>
		<category><![CDATA[proposal]]></category>
		<category><![CDATA[provider]]></category>
		<category><![CDATA[public]]></category>
		<category><![CDATA[public policy]]></category>
		<category><![CDATA[regulation]]></category>
		<category><![CDATA[Richard Whitt]]></category>
		<category><![CDATA[Schinternet]]></category>
		<category><![CDATA[search]]></category>
		<category><![CDATA[service]]></category>
		<category><![CDATA[Sheryl Sandberg]]></category>
		<category><![CDATA[Silicon Valley]]></category>
		<category><![CDATA[smoke monster]]></category>
		<category><![CDATA[social networking]]></category>
		<category><![CDATA[stage]]></category>
		<category><![CDATA[standard]]></category>
		<category><![CDATA[Tech Policy Feature]]></category>
		<category><![CDATA[telecom]]></category>
		<category><![CDATA[TInkerbell]]></category>
		<category><![CDATA[traffic]]></category>
		<category><![CDATA[translation]]></category>
		<category><![CDATA[transparency]]></category>
		<category><![CDATA[Verizon]]></category>
		<category><![CDATA[Washington]]></category>
		<category><![CDATA[wireless]]></category>
		<category><![CDATA[wireline]]></category>
		<category><![CDATA[Wizard of Oz]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=32137</guid>
		<description><![CDATA[The opening line of the classic J.M. Barrie book "Peter Pan" reads: "All children, except one, grow up."

Actually, that one too, and now the whole Internet is angry at Google and taking shots, because of its recent joint public policy proposal with Verizon over net neutrality.

They are claiming the Silicon Valley search giant--in the most cynical of ways--sold out its long-standing commitment to the open Internet to make a corporately-favorable deal.

Thus, Google took to the corporate blog yesterday to explain it all away in a post titled, "Facts About Our Network Neutrality Policy."

It practically begs for translation, so BoomTown shall not disappoint!]]></description>
			<content:encoded><![CDATA[<p><img src="http://kara.allthingsd.com/files/2010/08/peterpan-181x300.gif" alt="" title="peterpan" width="181" height="300" class="alignright size-medium wp-image-32157" /></p>
<p>The opening line of the classic J.M. Barrie book &#8220;Peter Pan&#8221; reads, &#8220;All children, except one, grow up.&#8221;</p>
<p>Actually, that one grew up, too, and now the whole Internet is angry at Google (GOOG) and taking shots, because of the Silicon Valley search giant&#8217;s recent <a href="http://mediamemo.allthingsd.com/20100809/live-google-verizon-talk-policy/">joint public-policy proposal with Verizon</a> (VZ) over net neutrality.</p>
<p>Many are claiming Google&#8211;in the most cynical of ways&#8211;sold out its long-standing commitment to the open Internet to make a corporately favorable deal.</p>
<p>Thus, Google&#8211;in this case, Richard Whitt, Washington Telecom and Media Counsel&#8211;took to the <a href="http://mediamemo.allthingsd.com/20100812/google-tries-explaining-its-network-neutrality-non-deal-with-verizon-again/">corporate blog yesterday to explain it all away in a post</a> titled &#8220;Facts About Our Network Neutrality Policy.&#8221;</p>
<p>It practically begs for translation, so BoomTown shall not disappoint:</p>
<p><strong>Google wrote:</strong> <em>Over the past few days there&#8217;s been a lot of discussion surrounding our announcement of a policy proposal on network neutrality we put together with Verizon. On balance, we believe this proposal represents real progress on what has become a very contentious issue, and we think it could help move the network neutrality debate forward constructively.</p>
<p>We don&#8217;t expect everyone to agree with every aspect of our proposal, but there has been a number of inaccuracies about it, and we do want to separate fact from fiction.</em></p>
<p><strong>Translation:</strong> Wait, the hypnotic multicolored letters aren&#8217;t working anymore? What about the cute logos on the homepage&#8211;didja see our whimsical &#8220;Wizard of Oz&#8221; montage? Hey, our founders still wear wacky shoes!</p>
<p>And look over here at the Googleplex: Segways with wings and coconut-water lattes for all!</p>
<p>Okay, we&#8217;ll come clean: This band of Lost Boys&#8211;and Wendy who runs search&#8211;didn&#8217;t want to grow up, either.</p>
<p><img src="http://kara.allthingsd.com/files/2010/08/peterpan26610-275x196.jpg" alt="" title="peterpan26610" width="275" height="196" class="alignleft size-medium wp-image-32139" /></p>
<p>But Sheryl Sandberg did an Indian talent raid and convinced Tinkerbell to take all her fairy dust to work on magical social-marketing features at Facebook. Also, Captain Hook and that alligator are working up some geo-location thing with the ticking clock over at Foursquare.</p>
<p>In other words, that&#8217;s Mr. Peter <em>Man</em> to you now.</p>
<p><strong>Google wrote:</strong> <em><strong>MYTH: Google has &#8220;sold out&#8221; on network neutrality.</strong></p>
<p>FACT: Google has been the leading corporate voice on the issue of network neutrality over the past five years. No other company is working as tirelessly for an open Internet.</p>
<p>But given political realities, this particular issue has been intractable in Washington for several years now. At this time there are no enforceable protections&#8211;at the Federal Communications Commission or anywhere else&#8211;against even the worst forms of carrier discrimination against Internet traffic.</p>
<p>With that in mind, we decided to partner with a major broadband provider on the best policy solution we could devise together. We’re not saying this solution is perfect, but we believe that a proposal that locks in key enforceable protections for consumers is preferable to no protection at all.</em></p>
<p><strong>Translation:</strong> We caved. In fact, we spelunked. All right, we journeyed to the center of the earth. Second to the right and straight on till morning, times a google.</p>
<p>But it is not technically selling out, since we got no money in the deal. I mean, not <em>yet</em>.</p>
<p><img src="http://kara.allthingsd.com/files/2010/08/eric-schmidt-thumb-300x462-81021-194x300.jpg" alt="" title="eric-schmidt-thumb-300x462-81021" width="194" height="300" class="alignright size-medium wp-image-31802" /></p>
<p>That comes later, when we and Verizon control all the tolls on the private and exclusive <a href="http://kara.allthingsd.com/20100810/welcome-to-the-schminternet/">Schminternet</a>, named for Fearless Leader and CEO Eric Schmidt (pictured here), coming to you in 2020!</p>
<p>We&#8217;re not saying the solution is perfect. But we believe that a proposal that locks in key moneymaking fees for us is preferable to having to struggle later&#8211;like those losers at Microsoft (MSFT) do today&#8211;when the search business goes the way of boxed software.</p>
<p><strong>Google wrote:</strong> <em><strong>MYTH: This proposal represents a step backwards for the open Internet.</strong></p>
<p>FACT: If adopted, this proposal would for the first time give the FCC the ability to preserve the open Internet through enforceable rules on broadband providers. At the same time, the FCC would be prohibited from imposing regulations on the Internet itself.</p>
<p>Here are some of the tangible benefits in our joint legislative proposal:</p>
<p>* Newly enforceable FCC standards<br />
* Prohibitions against blocking or degrading wireline Internet traffic<br />
* Prohibition against discriminating against wireline Internet traffic in ways that harm users or competition<br />
* Presumption against all forms of prioritizing wireline Internet traffic<br />
* Full transparency across wireline and wireless broadband platforms<br />
* Clear FCC authority to adjudicate user complaints, and impose injunctions and fines against bad actors<br />
* Verizon has agreed to voluntarily abide by these same requirements going forward&#8211;another first for a major communications provider. We hope this action will convince other broadband companies to follow suit.</em></p>
<p><strong>Translation:</strong> Did you ever do the Hokey Pokey? Jockeying for political power in Washington is like that, except someone <em>always</em> loses an eye.</p>
<p><img src="http://kara.allthingsd.com/files/2010/08/anipenguins.gif" alt="" title="anipenguins" width="217" height="138" class="alignleft size-full wp-image-32164" /></p>
<p><em>You put your eternal soul in,<br />
You put your ethics out;<br />
You put your corporate standards in,<br />
And you shake them all about.<br />
You do the Hokey-Pokey,<br />
And you turn yourself around.<br />
That&#8217;s what it&#8217;s all about!</em></p>
<p>Which is why they say you should never watch sausage being made.</p>
<p><strong>Google wrote:</strong> <em><strong>MYTH: This proposal would eliminate network neutrality over wireless.</strong></p>
<p>FACT: It&#8217;s true that Google previously has advocated for certain openness safeguards to be applied in a similar fashion to what would be applied to wireline services. However, in the spirit of compromise, we have agreed to a proposal that allows this market to remain free from regulation for now, while Congress keeps a watchful eye.</p>
<p>Why? First, the wireless market is more competitive than the wireline market, given that consumers typically have more than just two providers to choose from. Second, because wireless networks employ airwaves, rather than wires, and share constrained capacity among many users, these carriers need to manage their networks more actively. Third, network and device openness is now beginning to take off as a significant business model in this space.</p>
<p>In our proposal, we agreed that the best first step is for wireless providers to be fully transparent with users about how network traffic is managed to avoid congestion, or prioritized for certain applications and content. Our proposal also asks the Federal government to monitor and report regularly on the state of the wireless broadband market. Importantly, Congress would always have the ability to step in and impose new safeguards on wireless broadband providers to protect consumers&#8217; interests.</p>
<p>It&#8217;s also important to keep in mind that the future of wireless broadband increasingly will be found in the advanced, 4th generation (4G) networks now being constructed. Verizon will begin rolling out its 4G network this fall under openness license conditions that Google helped persuade the FCC to adopt. Clearwire is already providing 4G service in some markets, operating under a unique wholesale/openness business model. So consumers across the country are beginning to experience open Internet wireless platforms, which we hope will be enhanced and encouraged by our transparency proposal.</em></p>
<p><img src="http://kara.allthingsd.com/files/2010/08/Smoke-Monster-R-275x206.jpg" alt="" title="Smoke-Monster-R" width="275" height="206" class="alignright size-medium wp-image-32167" /></p>
<p><strong>Translation:</strong> By transparency, we mean a backroom deal so covered in the fog of compromise that it was like the Smoke Monster in &#8220;Lost.&#8221;</p>
<p>And you know what happened when he (she? it?) showed up. Not pretty.</p>
<p>Neither was the fact that we had to throw wireless&#8211;the most promising of networks&#8211;under the bus right now. While there is likely to be some crushing of competition and mangling of the bones of this little baby, you can be sure Congress can always step in to protect consumers&#8217; interests with regard to wireless broadband.</p>
<p>In fact, Congress just hired Kate and Jon Gosselin to give parenting tips on how not to completely take advantage of the wired Internet&#8217;s most valuable offspring.</p>
<p><strong>Google wrote:</strong> <strong><em>MYTH: This proposal will allow broadband providers to &#8220;cannibalize&#8221; the public Internet.</strong></p>
<p>FACT: Another aspect of the joint proposal would allow broadband providers to offer certain specialized services to customers, services which are not part of the Internet. So, for example, broadband providers could offer a special gaming channel, or a more secure banking service, or a home health monitoring capability&#8211;so long as such offerings are separate and apart from the public Internet. Some broadband providers already offer these types of services today. The chief challenge is to let consumers benefit from these non-Internet services, without allowing them to impede on the Internet itself.</p>
<p>We have a number of key protections in the proposal to protect the public Internet:</p>
<p>* First, the broadband provider must fully comply with the consumer protection and nondiscrimination standards governing its Internet access service before it could pursue any of these other online service opportunities.</p>
<p>* Second, these services must be &#8220;distinguishable in purpose and scope&#8221; from Internet access, so that they cannot over time supplant the best effort Internet.</p>
<p>* Third, the FCC retains its full capacity to monitor these various service offerings, and to intervene where necessary to ensure that robust, unfettered broadband capacity is allocated to Internet access.</p>
<p>So we believe there would be more than adequate tools in place to help guard against the &#8220;cannibalization&#8221; of the public Internet.</em></p>
<p><strong>Translation:</strong> Yes, the very same government that protected its citizens from the sub-prime mortgage mess by monitoring those giant, risk-mad banks so well.</p>
<p>The same government that was making sure oil giants like BP adhered to strict safety standard for its offshore wells.</p>
<p><img src="http://kara.allthingsd.com/files/2010/08/cannibal0213-275x183.jpg" alt="" title="cannibal0213" width="275" height="183" class="alignleft size-medium wp-image-32170" /></p>
<p>The same government&#8230;well, you get the general idea, but you should have no fear of cannibals.</p>
<p>Of sharkish telcom companies, yes. Of man-eating lions from the cable business, certainly.</p>
<p>But of multicolored, letter-decorated piranhas who look harmless with their big squishy balls and organic guava smoothies but will cut you as soon as you stick one consumer finger in the digital pond?</p>
<p>Let&#8217;s just say: Don&#8217;t go in the water.</p>
<p><strong>Google wrote:</strong> <em><strong>MYTH: Google is working with Verizon on this because of Android.</strong></p>
<p>FACT: This is a policy proposal&#8211;not a business deal. Of course, Google has a close business relationship with Verizon, but ultimately this proposal has nothing to do with Android. Folks certainly should not be surprised by the announcement of this proposal, given our prior public policy work with Verizon on network neutrality, going back to our October 2009 blog post, our January 2010 joint FCC filing, and our April 2010 op-ed.</em></p>
<p><strong>Translation:</strong> Rachel, are you in London or back in Mountain View? Please ring us up asap, as you need to come up with some fancy new talk. I don&#8217;t think they are buying this policy-proposal-not-a-business-deal pablum.</p>
<p>In fact, I am even giggling every time I write it.</p>
<p><strong>Google wrote:</strong> <em><strong>MYTH: Two corporations are legislating the future of the Internet.<br />
</strong></p>
<p>FACT: Our two companies are proposing a legislative framework to the Congress for its consideration. We hope all stakeholders will weigh in and help shape the framework to move us all forward. We&#8217;re not so presumptuous to think that any two businesses could&#8211;or should&#8211;decide the future of this issue. We&#8217;re simply trying to offer a proposal to help resolve a debate which has largely stagnated after five years.</p>
<p>It&#8217;s up to Congress, the FCC, other policymakers&#8211;and the American public&#8211;to take it from here. Whether you favor our proposal or not, we urge you to take your views directly to your Senators and Representatives in Washington.</p>
<p>We hope this helps address some of the inaccuracies that have appeared about our proposal. We’ll provide updates as the situation continues to develop.</em></p>
<p><strong>Translation:</strong> Indeed, two corporations are <em>not</em> legislating the future of the Internet.</p>
<p>In point of fact, there were at least a half-dozen of us on the G5 on the way back from divvying up the Web in D.C.</p>
<p>And we&#8217;re not so presumptuous to think that any two businesses could&#8211;or should&#8211;decide the future of this issue.</p>
<p><img src="http://kara.allthingsd.com/files/2010/08/pixie-dust-253x300.jpg" alt="" title="pixie-dust" width="253" height="300" class="alignright size-medium wp-image-32171" /></p>
<p>We are planning on including <em>at least</em> six or seven more businesses, since it will cost an awful lot of money to peddle all that influence in D.C.</p>
<p>Of course, that Mark Zuckerberg over at Facebook seems to be holding out and even <a href="http://mashable.com/2010/08/11/facebook-net-neutrality/">criticizing our Verizon bear hug</a>.</p>
<p>That kid has some guts all right&#8211;but he can&#8217;t live in Neverland forever.</p>
<p>At some point, you&#8217;ve got to grow up. You can&#8217;t clap your hands and believe you can fly. Even pixie dust eventually runs out.</p>
<p>And that&#8217;s something we at Google know very, very well by now.</p>
<p>And until the magic returns, please relish the incomparable Mary Martin in the famous stage version of &#8220;Peter Pan&#8221; singing &#8220;Never Never Land.&#8221; As Peter Pan described himself, &#8220;I&#8217;m youth, I&#8217;m joy. I&#8217;m a little bird that has broken out of the egg.&#8221; Martin is all that and more:</p>
<p><object width="320" height="240"><param name="movie" value="http://www.dailymotion.com/swf/video/x4mp1o?width=320&#038;theme=none&#038;foreground=%23F7FFFD&#038;highlight=%23FFC300&#038;background=%23171D1B&#038;start=&#038;animatedTitle=&#038;additionalInfos=0&#038;autoPlay=0&#038;hideInfos=0"></param><param name="allowFullScreen" value="true"></param><param name="allowScriptAccess" value="always"></param><embed type="application/x-shockwave-flash" src="http://www.dailymotion.com/swf/video/x4mp1o?width=320&#038;theme=none&#038;foreground=%23F7FFFD&#038;highlight=%23FFC300&#038;background=%23171D1B&#038;start=&#038;animatedTitle=&#038;additionalInfos=0&#038;autoPlay=0&#038;hideInfos=0" width="320" height="240" allowfullscreen="true" allowscriptaccess="always"></embed></object><br /><b><a href="http://www.dailymotion.com/video/x4mp1o_never-never-land_music">&quot;Never Never Land&quot;</a></b><br /><i>Uploaded by <a href="http://www.dailymotion.com/computergirl07">computergirl07</a>. &#8211; <a href="http://www.dailymotion.com/us/channel/music">Music videos, artist interviews, concerts and more.</a></i></p>
]]></content:encoded>
			<wfw:commentRss>http://allthingsd.com/20100813/decoding-googles-net-neutrality-proposal-blog-the-pixie-dust-free-edition/feed/</wfw:commentRss>
		<slash:comments>7</slash:comments>
		</item>
		<item>
		<title>DST&#039;s Alexander Tamas Talks About New Investors, New Investments and Dealing With Troubling Russian Stereotypes</title>
		<link>http://allthingsd.com/20100719/dsts-alexander-tamas-talks-about-new-investors-new-investments-and-dealing-with-troubling-russian-stereotypes/</link>
		<comments>http://allthingsd.com/20100719/dsts-alexander-tamas-talks-about-new-investors-new-investments-and-dealing-with-troubling-russian-stereotypes/#comments</comments>
		<pubDate>Mon, 19 Jul 2010 18:15:07 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Social]]></category>
		<category><![CDATA[Alexander Tamas]]></category>
		<category><![CDATA[AOL]]></category>
		<category><![CDATA[Asia]]></category>
		<category><![CDATA[Baltics]]></category>
		<category><![CDATA[Bank of America]]></category>
		<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[deal]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[Digital Sky Technologies]]></category>
		<category><![CDATA[DST]]></category>
		<category><![CDATA[DST Global]]></category>
		<category><![CDATA[email]]></category>
		<category><![CDATA[England]]></category>
		<category><![CDATA[entertainment]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[financial]]></category>
		<category><![CDATA[founder]]></category>
		<category><![CDATA[funding]]></category>
		<category><![CDATA[gaming]]></category>
		<category><![CDATA[global]]></category>
		<category><![CDATA[Groupon]]></category>
		<category><![CDATA[ICQ]]></category>
		<category><![CDATA[instant messaging]]></category>
		<category><![CDATA[international]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[interview]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[IPO]]></category>
		<category><![CDATA[Kara Swisher]]></category>
		<category><![CDATA[local]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[Mail.Ru]]></category>
		<category><![CDATA[Merrill Lynch]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[Naspers]]></category>
		<category><![CDATA[oligarchy]]></category>
		<category><![CDATA[ownership]]></category>
		<category><![CDATA[Poland]]></category>
		<category><![CDATA[Russia]]></category>
		<category><![CDATA[Silicon Valley]]></category>
		<category><![CDATA[social networking]]></category>
		<category><![CDATA[South Africa]]></category>
		<category><![CDATA[stake]]></category>
		<category><![CDATA[Start-up]]></category>
		<category><![CDATA[stock]]></category>
		<category><![CDATA[structure]]></category>
		<category><![CDATA[Tencent]]></category>
		<category><![CDATA[U.S.]]></category>
		<category><![CDATA[virality]]></category>
		<category><![CDATA[Yandex]]></category>
		<category><![CDATA[Yuri Milner]]></category>
		<category><![CDATA[Zynga]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=30699</guid>
		<description><![CDATA[After Russia-based Internet investor Digital Sky Technologies got $388 million in a stock-swapping deal with South Africa media giant Naspers -- coming after an earlier $300 million investment from China's Internet behemoth Tencent -- BoomTown dialed up DST partner Alexander Tamas in London to interview him about the implications.

This developing international spiderweb of digital and media companies begged the question of what DST might do with all this new dough, especially since it has created quite a splash over the last year investing massive gobs of money in high-profile, social-focused U.S. Internet companies.]]></description>
			<content:encoded><![CDATA[<p><img src="http://kara.allthingsd.com/files/2010/07/Digital_Sky_Technologies.jpg" alt="" title="Digital_Sky_Technologies" width="175" height="125" class="alignright size-full wp-image-30813" /></p>
<p>After Russia-based Internet investor Digital Sky Technologies <a href="http://kara.allthingsd.com/20100713/facebooks-russian-investor-gets-an-south-african-investor">got $388 million</a> in a stock-swapping deal with South Africa media giant Naspers&#8211;coming after an earlier $300 million investment from China&#8217;s Internet behemoth Tencent&#8211;BoomTown dialed up DST partner Alexander Tamas in London to interview him about the implications.</p>
<p>This developing international spiderweb of digital and media companies begged the question of what DST might do with all this new dough, especially since it has created quite a splash over the last year investing massive gobs of money in high-profile, social-focused U.S. Internet companies.</p>
<p>That has included, most prominently, social networking powerhouse <a href="http://mediamemo.allthingsd.com/20090526/da-facebook-takes-200-million-from-russian-investors-at-10-billion-valuation/">Facebook</a>, as well as <a href="http://kara.allthingsd.com/20100418/groupon-grabs-135-million-from-dst-and-battery-valuation-above-1-billion-for-social-buying-site">Groupon</a> and <a href="http://kara.allthingsd.com/20091218/zyngas-mark-pincus-talks-about-big-funding-offer-ad-controversies-and-more">Zynga</a>.</p>
<p>Actually, said Tamas, the money is for expansion of DST&#8217;s core businesses in Russia, Poland and the Baltics&#8211;in email, social networking, gaming and entertainment&#8211;at units such as Mail.ru, which was co-owned by Naspers and DST.</p>
<p>In essence, said many analysts, it will simplify its ownership structure, and could eventually lead to an IPO for DST.</p>
<p>For a 30 percent stake in DST and the $388 million, Naspers forked over its 39.3 percent stake in Mail.ru into DST.</p>
<p>&#8220;The idea was for us to be able to completely control our Russian portfolio,&#8221; said Tamas, part of a series of moves which included its recent purchase of AOL (AOL) instant messaging unit ICQ for $187.5 million in cash. &#8220;We wanted 100 percent at one company.&#8221;</p>
<p>Also a goal: To better link its services with those in China, owned by Tencent, which <a href="http://www.tencent.com/en-us/content/at/2010/attachments/20100412.pdf">invested $300 million in DST</a> in April, giving it just over a 10 percent stake.</p>
<p>Naspers, by the way, owns 35 percent of Tencent.</p>
<p><img src="http://kara.allthingsd.com/files/2010/07/alexander-tamas.jpg" alt="" title="alexander-tamas" width="225" height="277" class="alignleft size-full wp-image-30836" /></p>
<p>&#8220;It&#8217;s a pretty good dialog all around,&#8221; said Tamas (pictured here), linking companies with both global and local aspirations.</p>
<p>But it&#8217;s the global ambitions that have attracted the most attention to DST of late, which, Tamas noted, created some confusion and unfair maligning of the company.</p>
<p>Interestingly, although it is all <a href="http://dst-global.com/">mashed up on its Web site</a>, DST itself is not technically the entity that maintains its investments in companies such as Facebook.</p>
<p>That would be DST Global, its international arm which directly hold the stakes. It is not part of the Naspers or Tencent deals.</p>
<p>Of course, both are run by the same people, especially DST CEO Yuri Milner, and DST has a stake in DST Global.</p>
<p>&#8220;Initially, DST did fund those transactions,&#8221; said Tamas. &#8220;But we wanted to separate these investments from the Internet company to give investors the clearer differentiation.&#8221;</p>
<p>As to its future investments, Tamas said the company will likely fund start-ups that &#8220;check the boxes,&#8221; including exponential growth and social virality.</p>
<p>That means only two investments annually, as opposed to 10.</p>
<p>He also said DST would continue to fork over large sums&#8211;its invested well over $100 million in each of its U.S. deals.</p>
<p>&#8220;There is a perception that we pay high prices,&#8221; admitted Tamas, who noted its Facebook investment is now valued at much more. &#8220;But we have a global outlook on what we are investing in.&#8221;</p>
<p>DST is also a believer in getting some of that financing in the hands of founders and early investors, since it relieves financial pressure to sell or go public before a start-up&#8217;s time.</p>
<p>&#8220;We want to give the companies we invest in a year or two run,&#8221; said Tamas. &#8220;That is the sweet spot.&#8221;</p>
<p>He said, after its U.S. flirtation, that DST is now looking more in Asia and Europe.</p>
<p>But, even with its expansion and getting investments from well-known media giant such as Naspers, Tamas said he is not sure DST can shake the continued questions about the sources of its funding, especially given some of its initial investors are clearly part of the much-maligned Russian business oligarchy.</p>
<p><img src="http://kara.allthingsd.com/files/2010/07/russia-map-275x206.gif" alt="" title="russia map" width="275" height="206" class="alignright size-medium wp-image-30837" /></p>
<p>&#8220;We always have to explain and justify all of Russia,&#8221; said Tamas defensively. &#8220;Obviously, Naspers did its due diligence, as have others, and they feel comfortable with DST.&#8221;</p>
<p>Still, Russian issues will remain a concern for the long term. As noted in a recent report by Bank of America (BAC) investment unit Merrill Lynch, for example, on the Naspers-DST deal:</p>
<p>&#8220;We are also concerned that DST&#8217;s dominance in the Russian internet space (close to 70% market/mind share) may attract the scrutiny of the Russian government. The precedent with the other leading Russian internet company Yandex, when the government got a veto on sale or a golden share, signals that the government may not welcome a full takeover of DST by Naspers or Tencent.&#8221;</p>
<p>&#8220;We know the issues,&#8221; said Tamas. &#8220;But the best digital companies going forward are going to have to understand and operate in different parts of the world that are not just in Silicon Valley.&#8221;</p>
]]></content:encoded>
			<wfw:commentRss>http://allthingsd.com/20100719/dsts-alexander-tamas-talks-about-new-investors-new-investments-and-dealing-with-troubling-russian-stereotypes/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Squarespace. $38.5 Million in VC Bucks. More Social Networking For All. (Stop Me If You&#039;ve Heard This One.)</title>
		<link>http://allthingsd.com/20100714/squarespace-38-5-million-in-vc-bucks-more-social-networking-for-all/</link>
		<comments>http://allthingsd.com/20100714/squarespace-38-5-million-in-vc-bucks-more-social-networking-for-all/#comments</comments>
		<pubDate>Wed, 14 Jul 2010 12:15:48 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Media]]></category>
		<category><![CDATA[Mobile]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Social]]></category>
		<category><![CDATA[Accel Partners]]></category>
		<category><![CDATA[Andrew Braccia]]></category>
		<category><![CDATA[Anthony Casalena]]></category>
		<category><![CDATA[app]]></category>
		<category><![CDATA[blog]]></category>
		<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[Dominique Vidal]]></category>
		<category><![CDATA[financial]]></category>
		<category><![CDATA[funding]]></category>
		<category><![CDATA[Getty Images]]></category>
		<category><![CDATA[global]]></category>
		<category><![CDATA[Index Ventures]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Jonathan Klein]]></category>
		<category><![CDATA[Kara Swisher]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[New York]]></category>
		<category><![CDATA[press release]]></category>
		<category><![CDATA[publishing]]></category>
		<category><![CDATA[Silicon Valley]]></category>
		<category><![CDATA[site]]></category>
		<category><![CDATA[Six Apart]]></category>
		<category><![CDATA[Smallbiz Feature]]></category>
		<category><![CDATA[social networking]]></category>
		<category><![CDATA[Squarespace]]></category>
		<category><![CDATA[VC]]></category>
		<category><![CDATA[venture]]></category>
		<category><![CDATA[WordPress]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=30639</guid>
		<description><![CDATA[Another day, another giant venture funding.

Today it is $38.5 million to Squarespace--which lets you make blogs, Web sites, mobile apps, social networking widgets and other such oversharing digital tools--from Index Ventures and Accel Partners.

Squarespace is from New York. Index is in London. Accel is in Silicon Valley. It's very global!]]></description>
			<content:encoded><![CDATA[<p><img src="http://kara.allthingsd.com/files/2010/07/squarespace_logo-275x163.png" alt="" title="squarespace_logo" width="275" height="163" class="alignright size-medium wp-image-30642" /></p>
<p>Another day, another giant venture funding.</p>
<p>Today it is $38.5 million to Squarespace&#8211;which lets you make blogs, Web sites, mobile apps, social networking widgets and other such oversharing digital tools&#8211;from Index Ventures and Accel Partners.</p>
<p>Squarespace is from New York. Index is in London. Accel is in Silicon Valley. It&#8217;s very global!</p>
<p>BoomTown will admit it&#8211;these big fundings are starting to bleed into each other.</p>
<p>And here I thought VCs were <a href="http://digitaldaily.allthingsd.com/20100712/latest-check-shows-insufficient-venture-funds/">running out of scratch</a>!</p>
<p>Nope.</p>
<p>Thus, the inevitable press release about the start-up, which competes with WordPress and Six Apart:</p>
<blockquote class="memo"><p><strong>Index and Accel back Squarespace&#8211;Industry leading web publishing platform</p>
<p>NEW YORK, NY&#8211;July 14th, 2010&#8211;</strong>Squarespace, an industry leading web publishing platform, today announced that it closed a $38.5M minority growth investment led by Index Ventures and Accel Partners. This is the first outside capital that Squarespace has raised since its founding in 2003.</p>
<p>As part of this transaction, joining Squarespace&#8217;s newly formed board will be Dominique Vidal, of Index Ventures&#8217; growth team, Andrew Braccia, from Accel&#8217;s investment team, and Jonathan Klein, Founder and CEO of Getty Images. Founder Anthony Casalena will remain the company’s largest shareholder.</p>
<p>Squarespace was founded by Anthony Casalena with the goal of redefining publishing on the Web. Today, Squarespace&#8217;s SaaS platform powers tens of thousands of websites worldwide. Businesses, bloggers, web developers and artists use Squarespace to quickly and easily create and maintain professional, high quality websites. Squarespace’s product is differentiated by its intense focus on design, integration and scalability. Notable customers include Marc Ecko, Porter Novelli, Bob Woodruff, Kevin Pollak, and Don Imus.</p>
<p>&#8220;Squarespace has created a powerful product used by web developers, bloggers, and consumers around the world to build beautiful, functional and flexible websites,&#8221; said Dom Vidal, partner, Index Ventures. &#8220;We believe in the team, the technology, and the market potential, and are excited to be a part of such a fast growing business.&#8221;</p>
<p>The size of the round will enable Squarespace to significantly expand operations as they seek to solve the problem of content management at its core, and allow its new partners to contribute to and participate in Squarespace’s continued success.</p>
<p>&#8220;Squarespace has been a profitable business since its first year of operation. This investment will not change that, but it will allow us to be much more aggressive in our quest to both create an incredible product and bring that product to market,&#8221; said Anthony Casalena, Squarespace&#8217;s founder.</p>
<p>With the Squarespace web publishing platform, you can:</p>
<p>•           Quickly publish and manage a highly functional web site, including a blog and portfolio.<br />
•           Host on an expandable grid infrastructure that can manage sites of any size across the globe.<br />
•           Access hand designed templates and customizable photo galleries.<br />
•           Aggregate data from across various social networks completely within the Squarespace environment, without needing 3rd party scripts.<br />
•           Use the iPhone app to check your site, post to your blog, manage blog posts, and see site traffic, while on the go.<br />
•           Easily import images, posts, and links from existing blogging platforms.<br />
•           Track visitors and usage patterns of a site with powerful analytics tools.</p>
<p>&#8220;There are a lot of tools on the market that allow people to set up simple blogs for free. At Squarespace, we offer something different&#8211;a high quality, professional, reliable platform, designed from the ground up by us to work in a very streamlined way,&#8221; said Casalena. &#8220;The addition of Index, Accel and Jonathan Klein to the Squarespace team will help us achieve further growth and cement our position as a clear leader in this space.&#8221;</p>
<p>Squarespace packages are sold on www.squarespace.com and start at $8 per month.</p></blockquote>
]]></content:encoded>
			<wfw:commentRss>http://allthingsd.com/20100714/squarespace-38-5-million-in-vc-bucks-more-social-networking-for-all/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Exclusive: PaidContent Founder Ali to Depart Pioneering Digital News Site</title>
		<link>http://allthingsd.com/20100521/paidcontent-founder-ali-to-depart-pioneering-digital-news-site/</link>
		<comments>http://allthingsd.com/20100521/paidcontent-founder-ali-to-depart-pioneering-digital-news-site/#comments</comments>
		<pubDate>Fri, 21 May 2010 15:37:47 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
				<category><![CDATA[Media]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[arrivals departures feature]]></category>
		<category><![CDATA[blogs]]></category>
		<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[California]]></category>
		<category><![CDATA[comScore]]></category>
		<category><![CDATA[ContentNext]]></category>
		<category><![CDATA[deal]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[earn-out]]></category>
		<category><![CDATA[Guardian Media]]></category>
		<category><![CDATA[Industry Moves]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[investors]]></category>
		<category><![CDATA[Kara Swisher]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[Los Angeles]]></category>
		<category><![CDATA[Manhattan]]></category>
		<category><![CDATA[MediaMemo]]></category>
		<category><![CDATA[New York]]></category>
		<category><![CDATA[paidContent]]></category>
		<category><![CDATA[Peter Kafka]]></category>
		<category><![CDATA[Rafat Ali]]></category>
		<category><![CDATA[Santa Monica]]></category>
		<category><![CDATA[unique monthly visitors]]></category>
		<category><![CDATA[video]]></category>
		<category><![CDATA[Web site]]></category>

		<guid isPermaLink="false">http://mediamemo.allthingsd.com/?p=19749</guid>
		<description><![CDATA[PaidContent's Rafat Ali, who turned a one-man Web site into a must-read hub for digital media news, is leaving the company he founded eight years ago.

Sources said Ali has told co-workers he will leave the company in early July, which will be two years after he sold ContentNext, PaidContent's parent company, to the London-based Guardian Media group. He didn't tell staff what he intends to do next.]]></description>
			<content:encoded><![CDATA[<p><a href="http://mediamemo.allthingsd.com/20100521/paidcontent-founder-ali-to-depart-pioneering-digital-news-site/rafatali/" rel="attachment wp-att-19753"><img src="http://mediamemo.allthingsd.com/files/2010/05/RafatAli-275x229.jpg" alt="" title="RafatAli" width="275" height="229" class="alignright size-medium wp-image-19753" /></a></p>
<p>PaidContent&#8217;s Rafat Ali, who turned a one-man Web site into a must-read hub for digital media news, is leaving the company he founded eight years ago.</p>
<p>Sources said Ali has told co-workers he will leave the company in early July, which will be two years after <a href="http://kara.allthingsd.com/20080711/guardian-media-group-buys-paidcontent-for-30-million">he sold ContentNext</a>, PaidContent&#8217;s parent company, to the London-based Guardian Media group. </p>
<p>That deal was potentially worth up to $30 million, based on various earn-out goals. But Ali and his investors took home only a portion of that. My best guess is something closer to $12 million.</p>
<p>Ali didn&#8217;t tell staff what he intends to do next, sources said, but he recently moved from Los Angeles to New York.</p>
<p>It is not clear who will take over leadership at the sites; the main one had 137,000 unique monthly visitors in April, up from 63,000 in July of 2009, according to comScore (SCOR).</p>
<p><strong>UPDATE:</strong> The <a href="http://paidcontent.org/article/419-guardian-statement-on-rafats-departure/">Guardian confirmed</a> the move, as did <a href="http://paidcontent.org/article/419-on-to-life-2.0/">Ali in a paidContent post</a>, both of which are below:</p>
<blockquote class="memo"><p><strong>Guardian Statement on Rafat&#8217;s Departure</strong></p>
<p>Dear Readers,</p>
<p>Our founder, a digital warrior and friend to many of you, Rafat Ali, is stepping down after eight years building and growing ContentNext. As many of you know, Guardian News &#038; Media acquired ContentNext, and Rafat has decided this is a good time for him to take a break and think about the next chapter. This is the statement the Guardian released today.</p>
<p>Caroline Little<br />
CEO, ContentNext<br />
CEO, Guardian North America</p>
<p>—</p>
<p>Guardian News &#038; Media and ContentNext today announced that ContentNext Founder and Editor Rafat Ali will be leaving the company at the beginning of July. Rafat Ali started paidContent as a blog in 2002, and later added three other sites, paidContent.uk, mocoNews and contentSutra, before the business was purchased by Guardian News &#038; Media in 2008. ContentNext now has some 600,000 unique users and its websites, with their blend of news and analysis, are a must read for senior executives in the media, entertainment, publishing, advertising, mobile, marketing and technology sectors.</p>
<p>Tim Brooks, Managing Director of Guardian News &#038; Media, said: &#8220;As anyone who follows the company and reads our sites knows, Rafat has done an amazing job of building ContentNext from the ground up and we wish him every success in the future.&#8221;</p>
<p>Ernie Sander, who has been the managing editor at ContentNext for the past 18 months, will assume a wider strategic role. Co-editor Staci Kramer, Rafat’s first hire at the company, will continue to be a thought leader on and off the site.</p></blockquote>
<blockquote class="memo"><p><strong>On to Life 2.0</strong></p>
<p>In the end, all things do come to an end. The good and bad part is, it is never a definite marker, but all part of a process. And so it has been for me. After pouring exactly eight years of my life and a lifetime into this, I am leaving ContentNext and paidContent in early July. I will continue to advise the company for the rest of the year.</p>
<p>For most of you who know me, this isn&#8217;t coming as a huge surprise. I have been wrestling with this for months now, and the two-year mark under the Guardian and the eight-year mark since I launched the first site, seems appropriate enough as a closure point.</p>
<p>The last two years under Guardian have been illuminating, to say the least. Being part of a big company brings its own level of complexities; during a huge financial crisis, it makes for a roller-coaster ride. The high of the sale dissipated quickly, and pulling back and hunkering down isn&#8217;t fun, much less entrepreneurial. To Guardian&#8217;s credit, amidst the mothership&#8217;s own perfect storm, they stood by us, and we have survived, though much smaller.</p>
<p>I am leaving the company while the editorial is still at the peak of its reputation, even though we are half the team we used to be. It really is a miracle. And the edit leadership under our ME Ernie Sander and my longtime partner-in-crime and co-editor Staci D. Kramer gets the full credit for it, as do our scrappy group of talented journalists. The business side is a rebuild-in-process that I hope Guardian continues to support in kind and spirit.</p>
<p>paidContent and the company has given me a lot: it saved my life, literally (subject of a book someday); it gave me an existence, purpose and sustenance, in that order. It gave me way more chances in life than I probably deserved. I burned the candle on both ends, and then in the middle. And to think that I entered this country little over a decade ago, and in that time, got a degree, worked at two dotcoms, started one, sold it, lived in Bloomington, Ind., NYC, London, Los Angeles and back in NYC, and am now moving on to the next phase of my career. Next phase of my life. </p>
<p>As for my future, the honest answer is, I am in the middle of figuring it out. The good part is I have lots of choices; the bad part is that I have lots of choices. Very likely it will be another startup, in a larger media and marketing space. But in the immediate future, you will see my head pop up in places like Iceland, Mongolia, Tajikistan, Uzbekistan, Socotra Island (Google it!) and other parts of Central Asia. That’s the head-clearing trip of a lifetime, for the summer months after I finish here.</p>
<p>At the end, I really have to thank my family, friends, colleagues and readers, who cared enough to care. You all gave me and a bunch of us outliers a chance to do something magical for a long time. Please continue reading and supporting paidContent and ContentNext; I merely started the story.</p></blockquote>
<p>Finally, here&#8217;s a video BoomTown&#8217;s Kara Swisher did with Ali in 2007 at <a href="http://kara.allthingsd.com/20070624/kara-visits-contentnexts-rafat-ali/">ContentNext&#8217;s then-office</a> in Santa Monica, Calif., and another in Manhattan <a href="http://kara.allthingsd.com/20080711/paidcontents-rafat-ali-speaks-so-heres-whos-next">right after the sale</a> to Guardian Media:</p>
<p><object id="wsj_fp" width="272" height="180"><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={2C1D5B05-01CE-4EEB-BB9C-1A5F8475B445}&#038;playerid=4001&#038;plyMediaEnabled=1&#038;configURL=http://wsj.vo.llnwd.net/o28/players/&#038;autoStart=false" base="rtmpt://wsj.fcod.llnwd.net/a1318/o28/video"name="microflashPlayer"></param><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF"flashVars="videoGUID={2C1D5B05-01CE-4EEB-BB9C-1A5F8475B445}&#038;playerid=4001&#038;plyMediaEnabled=1&#038;configURL=http://wsj.vo.llnwd.net/o28/players/&#038;autoStart=false" base="rtmpt://wsj.fcod.llnwd.net/a1318/o28/video" name="microflashPlayer" width="272" height="180" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed></object></p>
<p><object id="wsj_fp" width="272" height="180"><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={829E7D66-8A3B-480F-B387-24EDCC4EC84A}&#038;playerid=4001&#038;plyMediaEnabled=1&#038;configURL=http://wsj.vo.llnwd.net/o28/players/&#038;autoStart=false" base="rtmpt://wsj.fcod.llnwd.net/a1318/o28/video"name="microflashPlayer"></param><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF"flashVars="videoGUID={829E7D66-8A3B-480F-B387-24EDCC4EC84A}&#038;playerid=4001&#038;plyMediaEnabled=1&#038;configURL=http://wsj.vo.llnwd.net/o28/players/&#038;autoStart=false" base="rtmpt://wsj.fcod.llnwd.net/a1318/o28/video" name="microflashPlayer" width="272" height="180" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed></object></p>
]]></content:encoded>
			<wfw:commentRss>http://allthingsd.com/20100521/paidcontent-founder-ali-to-depart-pioneering-digital-news-site/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>
