Posts Tagged ‘Kickstarter’

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Facebook Faces Shareholder Lawsuits (AP)
Facebook’s fourth day of trading as a public company saw an increase in the company’s stock price and shareholder lawsuits related to the social network’s botched initial public offering. Several shareholders who bought stock in the IPO have filed lawsuits against Facebook, its executives and Morgan Stanley, the IPO’s lead underwriter. Reuters Meanwhile, Facebook is considering a stock-listing proposal put forward by the New York Stock Exchange, a source familiar with the situation told Reuters, in the wake of a disappointing initial public offering last week on the rival NASDAQ bourse. Facebook has exchanged phone calls and emails with NYSE Euronext and are considering their pitch, the source said without elaborating on specifics. CNET Facebook plans to open its first Middle East office in Dubai next week, according to the Associated Press. This United Arab Emirates city is considered the Silicon Valley of the region, so it makes sense that the social network would put its Persian Gulf hub here. The Hill Republican and Democratic lawmakers on Wednesday began to look into the debacle of what was supposed to be the social networking company’s crowning achievement. Lawmakers want to know whether institutional investors got a sneak peek at an updated analysis, written just before the initial public offering, that gave a more pessimistic assessment of Facebook’s future revenues. AllFacebook Some Facebook page administrators are seeing messages in the top-right-hand corners of their timeline pages urging them to create Facebook ads and containing a “promote your page” button. Have you seen similar messages on Facebook pages you manage? Mashable A Facebook page and a six-minute video tell the story of a 12-year-old girl whose mother died when she was 3 years old, grew up being abused by her father and bullied on her Facebook page. Eventually, the girl commits suicide. There’s just one problem: this is all fake. Read more

On Friday, a Kickstarter engineer discovered a small bug in Kickstarter’s private API.  The bug allowed a user’s private project data to be accessed via the API.  No financial data was compromised, but users with private projects may have had some of their information leaked.  Kickstarter reports that 48 projects were accessed during the weeks where the bug was live, but there’s no telling whether those were authorized by the original project owners or not.

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The power of social was once limited to web traffic and wall posts, but as services like Kickstarter and Groupon prove, the social web also empowers business.  But where money trades hands, you can be sure that scammers aren’t far behind.  A recent scam on Kickstarter is getting a lot of attention, and it may ruin the young perpetrator’s life and chances of a career.

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NEW YORK, NY – Today an enthusiastic crowd of indie filmmakers and media professionals gathered at 92Y Tribeca for the Tribeca Film Festival’s Future of Film lunch series. Kickstarter’s Elisabeth Holm spoke on a topic near and dear to every filmmaker’s heart: how to fund and promote a film.

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Facebook Enables IPv6 For Developers May 18 (AllFacebook)
Developers will be able to begin tinkering with the IPv6 version of Facebook on May 18, to prepare for the Internet’s global upgrade to the broader set of addresses on June 6. Facebook Developer Blog Based on the results of last year’s IPv6 test, we are confident that enabling IPv6 on our platform will be a success. ZDNet For the uninitiated, IPv6 is a version of the Internet Protocol slated to succeed IPv4, which currently directs most Internet traffic, but is running out of addresses. IPv4 allows 2^32 addresses (about 4.3 billion) while IPv6 allows up to 2^128 addresses, and includes several other improvements. WebProNews Facebook will enable IPv6 access on beta.facebook.com. Read more

Kickstarter has been making some pretty serious waves lately.  After legendary game designer Tim Schaeffer and his Double Fine game team raised $3.4m, we’ve seen the company launch all sorts of million dollar projects.  These were all huge, but none was able to match the scale of the Pebble e-paper watch, which has raised over $5,000,000 at the time of this writing.  The project is continuing to gain steam with a plethora of positive reviews and a viral campaign that has seen 35,000 people support the project.

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In Facebook Deal, Board Was All But Out of Picture (The Wall Street Journal)
On the morning of Sunday, April 8, Facebook Inc.’s youthful chief executive, Mark Zuckerberg, alerted his board of directors that he intended to buy Instagram, the hot photo-sharing service. It was the first the board heard of what, later that day, would become Facebook’s largest acquisition ever, according to several people familiar with the matter. AllFacebook Zuckerberg negotiated with his Instagram counterpart down from an original $2 billion offer, asking Systrom whether he thought Facebook could one day be worth more than $200 billion, roughly the size of Google. Systrom agreed to the one percent or roughly $1 billion in stock. SocialTimes Normally a deal like this takes several days, if not weeks, to complete, and usually involves more lawyers and bankers than were present during the negotiations. Gizmodo It was a bold strategy, and one that smacks of the kind of approach a small start-up might take. It’s not, however, the way most people might expect a multi-million dollar public organization to conduct business. TechCrunch This just in: According to multiple sources close to the company, Facebook is eying an IPO on May 17th — depending on whether the SEC agrees that all the reams of paperwork (including those concerning its recent acquisition of Instagram) are in order. PRNewser The Ad Age Digital Conference continued Wednesday with a presentation from David Fischer, Facebook’s VP of business and marketing partnerships, whose presentation could be boiled down to this: “Your brand needs an always-on strategy.” Read more

It just became a whole lot easier for YouTube creators to raise funds for Kickstarter and Indigogo projects via YouTube. Yesterday YouTube announced that creators can now link directly to fundraising pages on Kickstarter or Indigogo through YouTube Annotations.

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Have you ever wondered what a day in the life of a YouTube Partner is like? YouTuber Dan Dobi is working on a documentary about the YouTube community called ‘Please Subscribe’ and he has launched a Kickstarter campaign to raise funds so he can finish the documentary before VidCon at the end of June.

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Google+ Gets a Redesign (Google Blog)
We’re introducing a more functional and flexible version of Google+. We think you’ll find it easier to use and nicer to look at, but most importantly, it accelerates our efforts to create a simpler, more beautiful Google. SocialTimes This update proves that Facebook really does have something to fear as Google has improved the user experience in a lot of innovative ways that may leave Facebookers envious. TechCrunch It’s interesting that Google+ has now changed its design, after its first efforts received such praise. BGR The new interface focuses on customization, Google’s Hangout video chatting service and features that will make it easier to discover new conversations and profile pages. Lifehacker The improvements are rolling out over the next few days. Read more