attention
US Residents Should Begin Closing Down Their Accounts Immediately
Source: http://www.businessinsider.com/intrade-us-residents-should-close-accounts-2012-11
The CFTC is suing popular betting site Intrade. And now Intrade is telling its customers to start shutting down their accounts.
ATTENTION U.S. CUSTOMERS – IMPORTANT!
We are sorry to announce that due to legal and regulatory pressures, Intrade can no longer allow US residents to participate in our real-money prediction markets.
Unfortunately this means that all US residents must begin the process of closing down their Intrade accounts. We strongly urge you to begin this process immediately:
Step 1: Close out open predictions
You must close out all open predictions before 8:00am GMT (3:00am ET) on December 23, 2012. Instructions on how to close out an open prediction can be found HERE.
If this is not done then by the deadline noted above, Intrade will close out your predictions for you at what we consider to be fair market value as of the daily session close of December 23, 2012.
Fair market value will be determined using current and historical price information, including daily close prices and recent trades. Values will be set at the absolute discretion of Intrade and will not be open for review, discussion or argument – our determination of fair market value is final.
Step 2: Withdraw funds
Please note, no customers will be charged the $4.99 monthly fee due on December 1, 2012.
Members have until December 31, 2012, to withdraw all funds from their account. Instructions on how to request a withdrawal can be found HERE.
To h! elp you receive your funds as quickly and easily as possible, the $20 fee normally charged by Intrade for processing a bank wire withdrawal will be waived. Please be aware however that any fees charged by the sending and receiving bank, plus any intermediary bank the transfer is routed through will NOT be refunded by Intrade.
We understand this announcement may come as a surprise and a disappointment to our US customers, but this in no way signals the end of Intrade in the US. In the near future we’ll announce plans for a new exchange model that will allow legal participation from all jurisdictions – including the US. We believe this new model will further enhance Intrade position as the leading prediction market platform for real time probabilities about future events. We would like to sincerely thank our US customers for their custom, support and loyalty over the years.
For our non-US customers, we will continue to offer real-money prediction markets. In the coming weeks and months we plan to implement a number of improvements to the Intrade website. These include expanding our market categories to include sports, adding more convenient funding options and a new and improved trading interface. We’ll keep you posted on these initiatives as they develop.
This message was edited 1 time. Last update was at November 26, 2012 20:53:16 UTC
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27k projects, almost $100 million in funding
Source: http://www.engadget.com/2012/01/11/kickstarter-details-the-year-that-was-27k-projects-almost-100/
Kickstarter details the year that was: 27k projects, almost $100 million in funding originally appeared on Engadget on Wed, 11 Jan 2012 01:10:00 EDT. Please see our terms for use of feeds.
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The Three Ds of CES TV
Source: http://www.engadget.com/2012/01/08/switched-on-the-three-ds-of-ces-tv/
Each week Ross Rubin contributes Switched On, a column about consumer technology.
The walls of Las Vegas casinos — devoid of clocks and windows — form chambers in which time loses its mastery over the existence of those who dwell within them. So is it too for the products on display at CES, which run the gamut from things currently in stores to concept products that may not materialize for years, if ever.
Nonetheless, with Mobile World Congress and the CTIA Wireless show still vying for the attention of handset introductions and Apple and Microsoft relying more on their own events for major PC OS announcements, television remains a staple of the show, with nearly all major U.S. brands having a presence on the show floor or off-site. At CES 2012, one can surely still expect a lot of focus on 3D television. Increasingly, though, three other “D”s are coming to represent the direction of television.
Continue reading Switched On: The Three Ds of CES TV
Switched On: The Three Ds of CES TV originally appeared on Engadget on Sun, 08 Jan 2012 09:30:00 EDT. Please see our terms for use of feeds.
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Google+ Grows Worldwide Users From 65 Million In October To 67 Million In November
Source: http://techcrunch.com/2011/12/22/googlesplus/
There are lots of third-party guesstimates floating around about Google+ traffic. Are users losing interest like search trends seem to show? Has the service grown to 150 million active users like this research firm thinks? I’ve gotten new numbers from comScore, which is arguably the best third-party measurement firm for web traffic in the world.
It shows that Google+ grew from 65 million unique visitors in October to nearly 67 million in November. This is purely based on traffic to the plus.google.com subdomain, comScore’s Andrew Lipsman tells me today. So it doesn’t include the many Google+ feature injections that the search company has administered to its other properties over the last months. Some people have suggested that Google+ is as barren as a desert — this is at least an oasis.
Here’s how the service stacked up against competitors last month.
The depressing significance for those people out there wishing for Google+ to either die off or kill their rivals is that neither appears to be happening. Just some slow and steady growth, which is overall good for Google considering the vast resources and focus that it’s bringing to bear on the effort. Ultimately, Google+ doesn’t have to dominate now, it just needs to keep growing and getting better over the coming years in order to be a real alternative to Facebook and everyone else.
And now, the usual data caveat: Obviously comScore, like any other third-party, doesn’t have the same access to data as Google itself, so don’t assume these numbers are 100% right. But still they’re worth paying attention to, since Google doesn’t share much about how it’s doing. The last time the company released anything, it said it had 40 million registered users during its earnings call in October. That’s not directly comparable to this, but could indicate that there’s been more significant growth over the fall. Also, for more on worldwide social networking trends, check out our coverage of comScore’s 2011 social report from yesterday.
[Oasis image via Freshpics]
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Google Gets Serious About Youtube Royalties with Rightsflow Purchase [Google]
Source: http://gizmodo.com/5867476/google-gets-serious-about-youtube-royalties-with-rightsflow-purchase
Google announced on Friday that it has purchased the music licensing company RightsFlow for its detailed information about who should get paid when any of over 30 million songs get played.
Neither Google nor Rightsflow would comment on the deal beyond their official statements, but we have pieced together some of the reasons Google would purchase a music licensing company like RightsFlow, which deals with “mechanical” royalties owed to songwriters, publishers, and other copyright holders. They whenever a non-human thing – like a compact disc, website, or music app –plays music.
RightsFlow, pictured here, now belongs to Google, which will use it to simplify royalty accounting on YouTube and possibly other music services.
The big reason Google would do this is that YouTube continues to be such a massive free music destination. It simply made more sense to buy RightsFlow outright to help keep its administrative and legal costs down, than to continue to rely on its services alongside other RightsFlow clients such as Rhapsody.
To be clear, this doesn’t give Google any rights to this music; it just makes those rights easier to deal with.
The acquisition, announced on Friday (when companies typically announce stuff they don’t want people paying attention to) is more evidence that Google is serious about YouTube as a free music destination. It should now be able to add even more music without worrying as much about lawsuits or expensive accounting.
Once Google has identified songs uploaded to YouTube using its Content ID fingerprinting technology, it should be able to figure out more easily which publishers and songwriters to pay. This could also help Google deal with its Google music store or other Google stuff in the future, although for now, Google’s focus for this deal is squarely on YouTube.
RightsFlow, recently named the #8 most desirable place to work in New York by Crain’s New York Business, owns information that is mostly publicly available. What makes it valuable is its ability to search all that data, making it easier to license lots of songs at once.
So, basically, Google just acquired a search engine, sort of like Google itself – except now, it could just have just one (admittedly very busy) user.
Evolver.fm observes, tracks and analyzes the music apps scene, with the belief that it’s crucial to how humans experience music, and how that experience is evolving.—
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Fight!
Source: http://blog.compete.com/2011/10/26/tumblr-vs-wordpress-vs-blogger-fight/
Image from: Digital Genetics/Shutterstock
Tumblr has been in the news a lot recently because of their huge user numbers (there’s also been some question of whether or not they are a “bot fest” – but I’ll leave that for others to analyze.) Back in 2009, I compared Tumblr to Posterous – but since that time Tumblr has just pulled away. So much so that Posterous seems to have seen the writing on the wall and is now pivoting in a new direction. But I thought it would be good to take a look at how Tumblr fairs against the larger, more established blogging networks – namely WordPress.com and Blogger.com (now part of Google).
In terms of unique visitors, there isn’t any comparison – WordPress continues to dominate. Blogger has seen attrition in their numbers and has now fallen to third place (maybe the recent move to integrate Blogger into Google+ will help here).
In terms of visits, while Tumblr passed Blogger more than a year ago, it has now moved into a tie with WordPress.
But while Tumblr has many fewer unique visitors, those visitors are viewing a lot of pages. In fact, Tumblr is now completely dominating WordPress and Blogger in this area.
And in terms of attention, Tumblr is once again dominant.
I think the reason for the higher level of engagement on Tumblr (as measured in Page Views and Attention) probably comes down to a couple of key properties of Tumblr:
1. Tumblr functions more like a social network – thus people that use Tumblr tend to also subscribe/follow other Tumblrs – creating a strong network effect.
2. Cross-blog tagging – this brings a bit of Twitter to the blog network – allowing people to easily aggregate content, by tag, across blogs. This also, no doubt, aids in content discovery.
3. Tumblr reduces barriers to publishing content – unlike a traditional blog, where people feel the need to provide richer content, Tumblr tends to encourage simple posts.
What do you think? Are you using Tumblr now in place of other blogging networks? How do you decide which one to use, and for what purpose?
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When Will Kindles Be Free? (AMZN)
Source: http://www.businessinsider.com/chart-of-the-day-the-shrinking-price-of-the-kindle-2011-9
At yesterday’s Kindle presentation, Amazon CEO Jeff Bezos gave special attention to all the people in the media who were calling for a $99 Kindle.
He noted that pundits said a $99 Kindle would send people into a “fervor”. Then Bezos whipped out a $99 Kindle Touch and said the “fervor” for cheap Kindles could begin.
A few minutes later, (oddly) with less excitement, Bezos revealed a $79 Kindle. Considering the Kindle started at $399 four years ago, these are very impressive price cuts.
We’ll start the next round of questions from the pundits to Bezos: When will the Kindle be free? When will Amazon’s special offers, and Prime program make it cheap enough for Amazon to give away Kindles? Next year? The year after that?
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See Also:
- CHART OF THE DAY: The Incredible Growth Of Amazon’s Kindle Book Sales
- Amazon’s Tablet Is A "Pretty Poor" "Stopgap" That The Kindle Team Didn’t Even Work On
- The One Huge Reason Why Amazon Will Not Beat Apple
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