Archive for August 4th, 2008

GM swings to massive second-quarter loss By Shawn Langlois, MarketWatch Last Update: 8/1/2008 7:45:00 AM SAN FRANCISCO (MarketWatch) — General Motors Corp., scrambling to right-size its operations and shift production toward smaller vehicles, reported Friday another large loss as customers’ shift away from its profitable truck and SUV lines gathered momentum. Before the bell, GM (GM) stated it swung to a second-quarter […] For more visit Source:www.investment-blog.net

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On the web jobs marketplace Elance is getting a massive update next week, designed to bring more small businesspeople into the world of hiring workers they don’t know and will never meet.

The service will layer in a workflow that should make the whole Elance process easier for newbies. There’s a new time-tracker widget for contractors that automatically feeds data into the project page and the invoicing system. (It can be configured per job, if the contract is for piecework instead of time-based.) Elance, by the way, does not support keyboard logging or periodic screen capture of a worker’s PC, as ODesk does.

Time served.

Also new: free voice and chat communication support for hiring managers and contractors. People will be able to place anonymous calls even to contractors they haven’t yet hired, if they want to talk with them first. (The service will call both parties and connect them, protecting the caller from revealing his or her caller ID.)

Elance is also launching a skills testing program, much like ODesk’s, that allows contractors to get certified for particular types of work.

As before, hiring managers must place some of the funds for a job into escrow accounts, from which Elance will pay contractors when work is delivered or time milestones are met.

All the tasks that are under way get their own status page where customer and provider can communicate on their project. The system enforces the creation of status reports and requires each page be flagged with either an “on schedule” or “problem” tag. The goal is to keep communication open and keep projects moving.

All these additions to the Elance product set are designed to make users more comfortable with the evolving service economy, even though as CEO Fabio Rosati states, the train has already left the station: there’s a “huge exodus of work that used to be done in offices and face-to-face, and it is starting to move online.”

Rosati’s goal is to make Elance into an “online workplace.” By providing matchmaking tools, workflow helpers, and communications services he wants to make the site, essentially, into a virtual office building–not just the bulletin board Elance was before.

The business is certainly sound, and the timing is right for this push. Elance takes a cut of all contractor payouts (4 percent to 6 percent depending on the volume of business the hiring party is doing on the site). That’s a small overhead to pay given the reticence businesses have now to hire new staff. Elance is about more than just that, of course, but in this economy, that’s probably enough to get the attention of a whole new troupe of users.

You can check out any time you like.

See also: Crowdspring, Taskmarket, RentACoder.

Fore more visit Source: [webware]

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In the high school cafeteria of Facebook apps, Scrabulous is like that girl who gets in trouble for showing too much skin, only to throw on a hoodie and be let back into the principal’s good graces. Sort of. The game has effectively returned, but with a redesigned board, …

Source [The social]

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A New York man known for stirring up controversy on YouTube was arrested Thursday by federal authorities after allegedly claiming he had instructed Gerber employees to lace baby food with cyanide.

Anton Dunn, a 42-year-old from Manhattan who goes by “Trashman” on YouTube, has a moderate following on the video …

Source [The social]

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Sometime in next day or so, Tapulous will announce that it has accumulated 1 million users for its free iPhone game, Tap Tap Revenge. That’s an achievement, but what’s really interesting about the company is its overall strategy, since Tapulous is not, ultimately, a games company. I met recently with Tapulous CEO Bart Decrem and COO Andrew Lacy and to learn more.

The company is a social networking play. As Decrem stated with glee as he demo’d the two-player version of Tap Tap Revenge with me (when you play, you and your opponent take up position on either end of an iPhone), the game is highly social. “Look how close we’re,” he stated. If I were a 14-year-old boy playing with a girl I liked, this game would be, “the best chance to kiss her.”

Spin the Bottle for the iPhone generation.

The social underpinnings of the company go much deeper than that, fortunately. Tapulous is building a suite of different apps that connect to each other at a social level. Tap Tap Revenge, for example, will eventually link in to Twinkle, Tapulous’ nanoblog service and Twitter client. You’ll be able to send your high scores out as Twitter posts, or within Tap Tap, see the high scores of your Twitter pals.

The goal underpinning all the Tapulous apps (these two, plus new ones I’ll talk about in a minute) is to provide immediate value to the first users, while at the same time offering network effect benefits as people pile on.

Tapulous has managed that with its current apps: Tap Tap Revenge is a fun music game for one or two players, and Twinkle didn’t launch until the Twitter network was already live. In fact, the early version of Twinkle, for Jailbroken first-gen iPhones, was simply a Twitter client. However, the apps are both designed to ultimately support Tapulous’ own network; what’s especially clever is that Tapulous has, with Twinkle, figured out a way to get Twitter users to establish yet another new network login so they can use the app’s one-of-a-kind features: location reporting and easy picture uploading.

In addition to building out its own network, Tapulous is trying to leverage the network that users have already in their phones. Currently, while Apple’s apps can send data to each other, cross-app communication between third-party apps on the iPhone is very limited. Tapulous’ apps speak to each other by sending all their info through the Tapulous central servers. It looks like each one of Tapulous’ apps will have some clever way to leverage your phone’s contacts. For example, in FriendBook–the upcoming FriendBook app that lets you easily send your contact info to another iPhone user by shaking your phone–it might tell you which of your contacts are also Tapulous members and iPhone users, or it might show you which of your contacts are nearby.

Twinkle has its own nanoblog network that shadows Twitter.

Other upcoming apps include a restaurant reviews site (this will compete with Yelp) and a photo sharing service. Of course, both will leverage the Tapulous network of users as well as other Tapulous apps users have on their phones.

The company is flexible about monetization strategies. For Twinkle it will be layering in advertising at some point. For Tap Tap Revenge, there will be a premium version. The company is also looking at deals with musicians who might want distribution to the big Tap Tap audience, and it may sell those tracks to users. Decrem pointed out to me that, unlike on the Web (and on Facebook), on mobile platforms users are accustomed to paying for content–for SMS messages, ringtones, games, etc.

Tapulous is not strictly an iPhone shop, although for now that’s its platform. The company is learning about this new market but expects to develop apps on other platforms as they get traction.

I like the way Tapulous is steadily building a collection of standalone apps that integrate at the user base level. It’s smart. It’s also an investible proposition; I was a bit surprised to hear David Hornick of August Capital state on a recent TechCrunch panel that iPhone development shops aren’t good venture capital candidates since the iPhone market is so small. He’s right that the iPhone market is small, but the overall mobile market is massive, and the proportion of phones in the world that can run apps is going up, and rapidly.

Fore more visit Source: [webware]

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When Scrabulous, a popular game on Facebook’s developer platform, was shut down earlier on Tuesday because of copyright infringement issues with the manufacturer of the Scrabble board game, word game fans weren’t absolutely left in the dark. After all, Electronic Arts (which handles the digital rights to Scrabble

Source [The social]

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Goldcorp Cut To Hold From Buy By Research Cap >GG Last Update: 8/1/2008 8:24:29 AM (MORE TO FOLLOW) Dow Jones Newswires (201-938-5400) August 01, 2008 08:24 ET (12:24 GMT) For more visit Source:www.investment-blog.net

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A federal court ruled Thursday that a lawsuit against the executives who sold social network MySpace to News Corp. can go forward, as Judge George King in the Central District of California rejected a motion to dismiss the case.

The case was brought forth by Brad Greenspan, who founded a …

Source [The social]

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Bicycle, Pfctdayelise, Wikipedia

True eco-confessions time: I never learned to ride a bike. Of course, I never learned to drive a automobile either, so I think my green cred is in no great danger. But my lack of biking skills means that I was a tiny surprised by Gavin Hudson’s 17 reasons why bicycles are the most popular automobile in the world this day post on the EcoWorldly blog.

Sure, biking is healthy (#2 on the list), and bikes save money (#12 and tangentially #1). And bikes are zero-emission vehicles (#15, though I’d put that higher on the list).

But did you realize that bicycling can break down economic divides and build communities? Bicycle advocacy groups help bring people together in many places.

Cycling is good for public finances too. The Australian government estimates that it saves $227.2 million per year in health costs, thanks to folks on bikes. Aussie cycle sales have spiked for eight years straight.

Maybe it’s time for me to hit the road. Not with a automobile — certainly not with these crazy gas prices — but with a bike. About.com has some useful tips for buying and maintaining a bike. Guess I should join the more than a billion bikes around the world.

For more visit Source:[green.yahoo]

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