Google's Three-Hour I/O Keynote Boils Down To These Highlights And One Theme: Foundation
Today’s three-hour-long Google I/O keynote came with plenty of announcements, but the company mostly assured us that it is focused on building frameworks that can benefit developers and consumers. We saw a more unified company that needed three hours in one session to get their message across. Breaking today’s keynote up into two days would have disrupted the momentum coming out of a company that closed the day at an all-time high on the stock market. Key areas of the business saw updates, all relaying the important foundation necessary to move Google forward over the next 10 years. From search to maps, everything is getting a new coat of paint, a new polished experience and a focus from every team within the company. The only announcement that didn’t fit into a “category” was its new music subscription service. Some are calling it a Spotify-killer, but to us, it seemed like a necessary and inevitable announcement. Android The day started out with Android, with the news that more ...
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Facebook Home Is Losing Steam In The Charts…Fast
Facebook Home, the app which CEO Mark Zuckerberg touted as the “next version of Facebook,” has not been an immediate hit. Its Google Play rankings have been dropping steadily after the launch buzz wore off, according to new data from top app store analytics firms. Despite having an active user base of over a billion on the social network itself, the company announced on Thursday that it was just now “nearing” 1 million downloads for its Home app. Plus, AT&T also slashed pricing this week on the HTC First, the first Facebook Home-powered handset, which went from $99 to just $0.99. The data shows it’s been a struggle so far, in terms of user acquisition, for Facebook Home. The application became available for download on April 12th on Google Play, where only a limited selection of devices were supported: the HTC One X, HTC One X+, Samsung Galaxy S III and Samsung Galaxy Note II. A preloaded version of the app was made available via the HTC First, which officially went on ...
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About 30% of Facebook's Advertising Revenue, Or $375M, Came From Mobile Platforms
Almost one-third of Facebook’s advertising revenue is now coming from mobile platforms, according to the company’s latest earnings release. About $375 million of Facebook’s $1.25 billion in advertising revenue came from products like the company’s new mobile app install ads. That’s up from last quarter, when Facebook said it made 23 percent, or $305.9 million, from mobile ads. So this is a nice 22.5 percent quarter-over-quarter increase in mobile advertising revenue. Because Facebook now sees about three quarters of a billion users per month on mobile devices, the company has to make a commensurate amount from these platforms. Analysts and investors are closely watching to see how well Facebook makes this leap from desktop-based ads to mobile ones. Unlike Apple and Google, Facebook doesn’t own its own smartphone OS or sell its own hardware. It doesn’t have a way to earn a cut of app sales or in-app purchases like it does with games and apps on the Facebook platform. Advertising ...
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WPP CEO Sorrell: Google Will Overtake News Corp As Our Largest Media Investment This Year Or Next
Martin Sorrell, the CEO of WPP, today laid out a stark picture of how significant a role digital is playing for the advertising giant. Speaking at the FT Digital Media Conference in London today, he said that digital now accounts for 34% of WPP’s media investment, amounting to some $72 billion, rising “from zero to over one-third in about ten years, the age of Google,” he said. Google, he said, is the second-largest recipient of that digital spend at the moment, at around $2 billion for the quarter, but that it will soon overtake the single biggest beneficiary at the moment, News Corp. Sorrell described Google as “a media owner masquerading as a tech company.” Sorrell referred to these numbers as a preview of WPP’s quarterly results, which are out tomorrow. He added that at the moment AOL and Yahoo are each getting around $400 million to $500 million in ad spend via WPP. Facebook, despite its size and current popularity, is only around $270 million. Twitter, he added, is “much ...
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IBM To Invest $1 Billion In Flash Technology Research, Reflecting Obsolescence Of Hard Disk Drives
IBM plans to invest $1 billion in research to design, create and integrate Flash into its servers, storage systems and middleware, a reflection of the changing requirements needed for companies to manage massive amounts of data. As part of the news, IBM also announced a new line of Flash appliances. These storage appliances are based on technology acquired from Texas Memory Systems. IBM says the appliances can run 20 times faster than spinning hard drives, and can store up to 24 terabytes of data. The move comes as more companies need better ways to manage the data that is now coming in such volume with the unleashing of mobile apps, the web and the ease for people to create data with updates in pictures, video and trillions of text messages. All that data makes for major bottlenecks in systems that have long depended on mechanical hard disks to process information. Those hard disk systems did just fine in an age when vendors built vertical stacks for transaction-based systems such ...
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