offering
Facebook Insiders’ Stock Sale In Context
57% of the Facebook stock being offered in the IPO is coming from insiders selling shares. For some context on how unusual that is, the Wall Street Journal reports that only 37% of Google’s IPO offering came from insiders, and 0% for Amazon and Yahoo came from insiders.
In Facebook’s case, it’s going public at a later stage in its development, so investors are itching to get out. And word is that Facebook asked insiders to sell during the IPO so they don’t crush the stock when the lock-up period ends.

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For Advertisers And Investors, Social Network User Numbers Often Don’t Add Up
Source: http://www.readwriteweb.com/archives/can_advertisers_and_investors_trust_social_network.php
When does 845 million not equal 845 million?
When it’s the number of active users Facebook claims in its initial public offering filing. Last week the social networking giant amended that filing and conceded it may not be so giant. While still massive, Facebook said as many as 6% of those accounts may be fakes and another 5% may be from people who downloaded Facebook’s mobile app and have it running in the background of their device even though they no longer use the site.
Source: http://gizmodo.com/5883325/amazon-prime-now-has-a-lot-more-tv-shows-thanks-to-viacom
Like Netflix and Hulu before it, Amazon has inked a deal with Viacom to bring TV shows from all its networks (MTV, Comedy Central, Nickelodeon, BET, Spike, etc.) to the Prime streaming service. Beavis and Butthead marathon, anyone?
Amazon isn’t saying how many episodes will arrive in the deal, but they did say that Prime now has 15,000 movies and TV shows. But the bulk of their offering is god awful, so this new deal will help. Considerably. And now that Teen Mom is available, I think Sam might be one step closer to canceling his Netflix subscription. [Amazon]
Facebook Ad Revenue Grew 69% in
Source: http://www.marketingcharts.com/direct/facebook-ad-revenue-grew-69-in-11-20963/
Facebook advertising revenue reached $3.15 billion in 2011, representing an increase of almost 69% from $1.87 billion in 2010, and more than tripling from $764 million in 2009, according to the February 2012 prospectus it filed in conjunction with its initial public offering (IPO). The $3.15 billion in advertising revenue equaled 85% of the social network’s [...]
Teenage Engineering introduces Oplab musical prototyping platform
Source: http://www.engadget.com/2012/01/23/teenage-engineering-introduces-oplab-musical-prototyping-platfor/
After finally getting the OP-1 up for order last January, Teenage Engineering is getting its second product to market — Oplab. The latest offering is meant to compliment its slick synth, but we can see plenty people falling in love with it on its own. The Oplab is a tinker kit and DIY platform, akin to Arduino or Microsoft’s .NET Gadgeteer, but designed explicitly for generating and manipulating sound. The main board, which retails for $299, is home to a trio of USB ports (two of them hosts), three MIDI connections (one in, one out and one sync) and a pair of CV in and CV out jacks. There’s also a bank of switches for changing settings and a host of connectors for plugging in various sensors. The Swedish company is offering a number of add-ons for $49 apiece: an accelerometer (Flip), a piezo microphone (Tap) and a pressure sensor (Poke). Strangely enough, there’s also a $149 a sneaker that has a rubber pouch that you can slip one of the aforementioned sensors into. Hit up the source link for more details and to order yours now.
Teenage Engineering introduces Oplab musical prototyping platform originally appeared on Engadg et on Mon, 23 Jan 2012 17:11:00 EDT. Please see our terms for use of feeds.
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Google partners with Universal, EMI, Sony Music, 23 independent labels on Google Music, scores exclusive content
Source: http://www.engadget.com/2011/11/16/google-partners-with-universal-emi-sony-music-23-independent/
Google partners with Universal, EMI, Sony Music, 23 independent labels on Google Music, scores exclusive content originally appeared on Engadget on Wed, 16 Nov 2011 17:34:00 EDT. Please see our terms for use of feeds.
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Source: http://gizmodo.com/5574937/starbucks-is-slowly-reviving-the-coffee-nerding-of-america
The Clover was a nerd’s way to make coffee. Every parameter precisely, digitally controlled, for the most of tweaky of experimentation—or you can make the exact same cup over and over. Then Starbucks bought the company.
What happened next: Waves of independent coffee shops ditched their $10,000 Clover machines, for practical and philosophical reasons. Starbucks rolled them out to 50ish stores across the Northeast, Seattle and San Francisco. Then expansion stopped. That was almost two years ago.
Starbucks’ first Clover showed up in New York around two months ago, in a nearly 20-year-old location that’s been converted into a concept store. The thaw is beginning. Starbucks plans to finally expand the Clover’s footprint gradually over the next 6-8 months, as they figure out how to integrate the machine into the natural rhythm of stores—which is basically dominated by Frappuccinos these days, not coffee.
In a way, it’s a hard sell. The kind of people who would be most interested in coffee made via Clover, designed to pull the most out of a coffee—so shitty coffee would taste shittier—don’t go to Starbucks. Starbucks is so reviled by people who actually like coffee that they’ve experimented with burying the Starbucks name two pilot stores in Seattle which are designed to look more like the kind of place that serves Intelligentsia or Stumptown coffee. So it’s heartening to see them try to live up a bit more to the ideals of caring about coffee and how it’s served.
For instance, while 30 days is what Starbucks considers the expiration date on beans in a store—16 days longer than any self-conscious shop would serve them—if you order a cup made with Clover, you’re far more likely to get beans roasted within the 2-week mark. (In part because there are limited quantities of some coffees served using Clover, like the Jamaica Blue Mountain they’re offering starting tomorrow.)
They’re also making use of their spin on Clovernet, which was one of the big hype points of the machine: Shops and their baristas could share, upload and download recipes for coffees made via Clover. Starbucks pushes recipes for each coffee it serves on the Clover—around 4-6—to stores via a similar network, so there are custom parameters for each coffee. African coffees get a different treatment versus South American ones, as they should.
For all the technology in the Clover, though, it ultimately comes down to the guy (or girl) handling it. Hopefully, it’s someone nerdy enough to know what the Clover was before it landed in front of them at Starbucks.
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iPhone/Android: This Saturday, December 10 would be a good day to go shopping. Amazon’s offering 5% off (up to $5) for select items if you barcode scan them using its Price Check app; the offer can be used three times. 

Google, LG seeing more Nexus 4 demand than expected
Source: http://www.engadget.com/2012/12/06/shocker-google-lg-seeing-more-nexus-4-demand-than-expected/
Who’d have thought that pricing a high-end smartphone like the Nexus 4 at $350 or less would lead to strong sales? Google and LG certainly appear to have been caught off-guard. LG’s UK mobile lead Andy Coughlin tells CNET that the pair estimated Nexus 4 shipments in the way you’d expect for any phone, but have been rocked by “huge demand” — in short, they didn’t realize that offering such a giant bargain would lead to sellouts within minutes. While we don’t have tangible shipping numbers, that the spending sprees happen over and over again suggests that LG is producing more than a handful of Nexus 4s as it tries to keep up. We suspect that many of you reading this just want to know when sales resume; sadly, Coughlin’s not telling.
Filed under: Cellphones, Mobile, Google, LG
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