Last Updated Jun 6, 2011 6:56 PM EDT Ever wonder what it would be like to be a VC with nothing better to do than listen to lousy sales pitches and periodically throw money at them? Well, thanks to the game Venture Crapital, you can experience it yourself. Although very crude in appearance the HTML5 game, developed in under 24 hours at TechCrunch Disrupt Hackathon, certainly captures a certain je ne se quois pas of the zeitgeist. Starting with $5 million in your piggy bank, your job is to throw money at startups, watch the value inflate and try to sell before the bubble pops. It's kind of like being an executive at GroupOn. What takes the game from satire into documentary is the game actually pulls real statistics and companies from the TechCrunch database. Elephant Pharma? iBood? ThinkVine? ClasiFike? Somewhere a random name generator is working over time. As co-developer Dmitri Cherniak describes it:Basically the small companies start off with a small radius, but have a fast growth … [Read more...] about Game or Documentary? “Venture Crapital” Lets You Blow Up Bubbles Just Like VCs
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Conde Nast, which closed the money-losing print magazine last fall, said Tuesday that it is launching a digital product called "Gourmet Live" for the iPad and other mobile gadgets. It is another bet by Conde Nast on the world of apps - the mobile software applications popularized by Apple Inc.'s iPhone. The publisher has invested heavily to bundle its magazines as applications on both the iPhone and now the iPad. Robert Sauerberg, the head of Conde Nast's consumer marketing division, emphasized that Gourmet's app is not a digital magazine. But he said the impetus comes in part from the reception its magazines have gotten on mobile devices. Wired magazine's first iPad edition sold more than 90,000 copies at the regular print newsstand price of $4.99 each - an accomplishment considering that few publishers have been able to charge for their content online. "What it has done is demonstrate to us and other publishers that paid digital content packaged in a beautiful form is valuable to … [Read more...] about CBS News Logo Defunct Gourmet Magazine Returns as an App
Perhaps Microsoft isn't so stubborn about Windows 7 tablets after all. Microsoft CEO Steve Ballmer may have just left himself an out to pave the way for a Windows Phone 7 tablet. The official line is that Microsoft will not offer a Windows Phone 7 tablet. Ballmer, speaking at the Gartner Symposium in Orlando, was set up for a rough keynote from the beginning. A video of tech exec questions all asked whether Microsoft could compete with Apple on the iPad and iPhone. Gartner analyst John Pescatore noted that "no one is lining up in the snow to get that hot new Windows phone and there's no hit movie about SharePoint." Gartner set up the interview as a consumer/enterprise dueling banjos sort of thing. The big topic was Windows Phone 7 whether it could appeal to both the business and consumer markets. Naturally tablets came up. When asked about whether there would be a Windows Phone 7 tablet instead of a Windows 7 slate, Ballmer held up a WP7 phone and said: "This is Windows too. Could … [Read more...] about CBS News Logo A Planned Ooops Moment for a Windows Phone 7 Tablet?
In just a few short years, Pandora's apps for iOS and Android have become an ever-present part of the smartphone experience. But as the company's growth in mobile exploded, its Web-based player was stuck in the past with a design that no longer matched the look of its apps or standalone Pandora One desktop software. Today, Pandora unveiled a dramatically overhauled site design. Beyond a welcome new look, the code behind the site now uses HTML5 in favor of Adobe Flash. In its own press release, Pandora credits the switch to HTML5 for opening up creative new cross-platform advertising opportunities and allowing for a more flexible overall site design. From the user perspective, the new design offers a clearer, more consolidated set of persistent controls across the top of the page, as well as larger album art that can be dynamically resized. A few other features have trickled into the site refresh, including a new "Follow" capability that allows you to selectively share personal … [Read more...] about CBS News Logo Pandora lifts 40 hour monthly music listening cap