“Truth Is Coming, And It Cannot Be Stopped”: The Best Of Edward Snowden's Q&A
The most famous man on the lam, NSA whistleblower Edward Snowden, has answered reader questions in a live Q&A on the Guardian’s blog. Snowden skyrocketed to international fame/infamy after leaking a top-secret court order about the National Security Agency’s collection of all U.S. Verizon phone records. After disappearing from his Hong Kong hideaway, Snowden resurfaced for the online Q&A. You can read the full transcript on The Guardian; we’ve summarized the best of it below (edited for brevity and clarity). Passion, Righteous Passion “All I can say right now is the US Government is not going to be able to cover this up by jailing or murdering me. Truth is coming, and it cannot be stopped.” On Tech Company Denials “Their denials went through several revisions as it become more and more clear they were misleading and included identical, specific language across companies….They are legally compelled to comply and maintain their silence in regard to specifics of the program, ...
¿Cómo Ha Crecido Path? By Buying Ads In Spanish
The mystery of Path’s mysterious growth deepens. The app, which has been around for nearly three years, miraculously jumped up the charts from between 500th and 600th place to the teens on the free list about two months ago. That raised questions about how the app was able to do that so spontaneously. Was it that Path finally suddenly acquired the network effects and organic growth that it had worked for years to trigger? Or was it something else? Valleywag speculated that it was spamming tactics plus spending on advertising, citing a graph from app and mobile ad tracking service Onavo Insights. The chart showed that an uptick in advertising spending that coincided with Path’s gradual rise up the overall charts. In fact, a source familiar with the spending habits of various top-tier mobile developers tells me that Path was the third highest spender on iOS app install ads on Facebook in the month of April behind the usual suspects like the top-grossing gaming companies. It then tapered ...
At Facebook Shareholder Meeting, Zuckerberg Stands Behind His Initial PRISM Denial
The PRISM story has progressed significantly since last week, when Mark Zuckerberg published Facebook's official response to the reports that it is among a group of tech companies that have been secretly cooperating with the United States government to provide user data. But at Facebook's annual shareholder meeting held today in Millbrae, California, Zuckerberg said the company continues to stand behind that initial statement. "I wrote this statement last week that I published on Facebook that I think is basically the fullness of what we believe," Zuckerberg said in response to a shareholder's question about the general national security reports in the press. He went on to add more detail:
Zuckerberg Is (Still) Disappointed By Facebook Stock, Says He's ‘Well-Versed' In Its Ad Business
Before Mark Zuckerberg started the question-and-answer session at today's Facebook shareholder meeting, he noted that many of the pre-submitted questions focused on the performance of Facebook's stock since IPO. It's a familiar question, and he offered comments similar to ones that he's made before — including at TechCrunch's Disrupt conference last fall. Zuckerberg acknowledged that many shareholders aren't happy with the stock's performance, and he said Facebook needs to do more than achieve its general mission of making the world more open and connected — it also needs "to be a great financial return for all of our shareholders."
Zynga's Wake: Does The Venture Model Make Sense For Gaming Anymore?
Just about eight weeks ago or so, I was on a call with Zynga’s COO David Ko following the company’s first quarter earnings report. Zynga was trying to manage expectations for the coming two quarters by saying it had paused its game slate to re-evaluate every upcoming title on the table. I can’t remember the exact question I asked, but it was something like, “Finland’s Supercell made $104 million in profit on a headcount of 100 last quarter while you made $4 million in net income with roughly 3,000 people. Does your headcount and structure make sense?” Ko, who has a reputation as a savvy operator and is very media-trained, dodged the question saying, “We’re the biggest believers in social gaming across all platforms. This year, we will measure our progress by our ability to bring existing franchises to mobile while maintaining profitability.” However, even if some Zynga employees were caught off guard by this month’s layoffs, the writing was very clearly on the wall. A ...