Archive for April 12th, 2008

The We Demand Donuts group takes a jab at those who objected to Flickr's new video service.

The We Demand Donuts group takes a jab at those who objected to Flickr's new video service.

(Credit: Flickr)

First came Flickr video on Tuesday. Then came the anti-Flickr-video outcry on Wednesday. Now there’s the anti-anti-Flickr-video outcry.

This last movement takes the highly facetious form of Flickr’s new We Demand Donuts group. “If we get 20,000 people to join the group Flickr will be forced to give us free donuts!” the group’s manifesto states. “Join the group and invite all your contacts. We will make this the biggest protest group on Flickr and force them to give us free donuts!”

There are some subtleties here, but given the timing, it’s pretty clear that this group’s raison d’etre can be translated as, “Give us a break, Flickr members who are signing petitions demanding that Flickr scrap its new video service.”

More than 550 have joined so far. The No Video on Flickr group has more than 9,700.

Update 8:08 a.m. April 11: Flickr capitulated, at least on a geographically limited basis. “We at FlickrHQ have heard of your noble efforts and seek to answer your cries for justice,” said Matthew Rothenberg, a Flickr employee, in the group’s discussion board. He promised to buy doughnuts for Flickr members who meet up at a yet-to-be-determined San Francisco shop April 16.

Fore more visit Source: [webware]

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There are seemingly more “livestreaming” services out there than people actually using them, but that hasn’t stopped Ustream.tv from raising $11.1 million in Series A funding. The cash comes from venture firm DCM, as well as existing investors Labrador Ventures and The Band of Angels.

To be …

Source [The social]

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EcoGeek is a technology blog … the folks at EnviroWonk do the hard work covering politics. But sometimes, the politics are just to important to ignore.

This day, the Senate approved an amendment to the U.S. Housing Bill that, if passed in the House and signed by President Bush, will extend the Solar Investment Tax Credit (ITC) for another eight years.

Very simply, the ITC gives companies buying solar panels a 30% tax break on the money they spend on panels.

The energy bill passed several months ago initially included the ITC, but Bush threatened to veto any legislation that reduced subsidies for large oil, so it was removed. The more current bill is unclear about where the money will come from, leading to concerns that it will be vetoed in the House, as it would be adding to the deficit. If it makes it to the president, however, the bill is likely to be signed this time because he can’t make the “but it will increase gas prices” claim.

The solar industry continues to fret about the current ITC’s scheduled lapse. Many solar energy projects that have begun will not be financially viable without the ITC, and many others are waiting to see if the ITC is passed before being begun.

All together, the ITC would cost about $0.50 per year for the next eight years. It would also likely tip the solar industry into profitability and create a huge rush to invest in solar projects.

It really pisses me off that this has taken so long to pass. Already the solar industry is suffering, and we can’t even pay for it with Exxon’s subsidies. Obviously, Large Oil needs the help, since it only made $11 billion last quarter.

Via the Solar Energy Industry Association

For more visit Source:[green.yahoo]

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Updates, advisories and surprises By MarketWatch Last Update: 4:31 PM ET Apr 10, 2008 (4:18 PM ET) BOSTON (MarketWatch) — Genentech Inc.(DNA)reported a 12% boost in its bottom-line late Thursday, due largely to increased sales for its cancer medications. For the quarter ended March 31, Genentech posted net income of $790 million, compared with $706 million for the previous year’s quarter. […] For more visit Source:www.investment-blog.net

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