Paypal Doesn't Get It - Screws Regretsy and Underprivileged Children
Paypal, you are really evil. Where is your damn common sense?
Facebook Settles With FTC Over Privacy
This is great. Facebook will now require the privacy changes to be Opt In. Could this be a change made due to it’s imminent IPO? They want to make nice with the powers that be. Stay tuned.
(Source: TechCrunch)
Yelp Files for IPO but They Should Have Sold
Yelp could have been acquired by Google for $500 Million or Yahoo for $750 Million back in the day. Now they are chasing only $100MM and are not profitable. Looks like their egos got the best of them at one point. Should have sold.
http://techcrunch.com/2010/10/01/the-ugliest-girl-at-the-dance-how-yahoo-destroyed-yelps-google-acquisition/
Does twitter automatically change hashtags?
My tweet, and I am 100% sure of this had the hash tag #xfactor last night. But today it’s been changed to #factor. I think this is twitter doing it, but I can’t confirm it from other sources. Anybody else seeing the same behavior? Maybe twitter can shed some light?
I wonder if they are doing this for other tags as well. A purist would say “Hey twitter, leave things be.”
Is it because of the voting thing between twitter and xfactor? What’s up twitter?
(Source: twitter.com)
Groupon IPO Shares Pop 40% On First Trade, Debuts At $28 With A $17.8B Market Cap
Wait wait wait!!! But but but!! Ponzi scheme! Should have sold to Google!
Yeah.
Groupon just went public with a market cap now 3x what Google was offering them. We’ll see if the good times last — now that they’re public, they’re going to have to show real growth in the numbers — but it’s pretty clear that either way, Groupon did the right thing in not taking that deal.
Good for them.
Google Easter Egg Barrel Roll
Go to google and type “Do a barrell roll”. Then tell everybody else to do it.
Bank of America to Drop the $5 Debit Card Fee
I call this a win for the consumer. BofA will no longer charge the $5 debit card fee, but I think users are still going to continue to drop them. This proves that the power to force a bank to change its ways can be achieved if enough people unite to fight the faceless corporations that screw the 99%. Take that BofA. I think this is just the beginning.
Netflix - A lesson of what NOT to do
Netflix reported that they lost 800,000 customers. That’s a lot. Some companies can’t even get half that many customers in their lifetime. But looking back, I’m surprised that they didn’t lose even more. Why not? Because they screwed the customers in more ways than one.
Here’s how I remember it
-They first removed the ability to order DVD’s from anything other than a computer. No more add to DVD queue from TV, phone etc.
-They raised the prices. This one hurt.
-Qwikster. Need I say more?
-They took away the ability to stream more than one movie from the same IP/Internet connection. Granted, this one was a bonus, it is still something they TOOK away.
The takeaway from all this…Netflix, don’t take away services and raise your prices.
Yahoo has been reduced to a circus
There was a time when Yahoo was the gem, the sweetheart. It was the pioneer during the bubble. It was the “new” in the term “new economy”. All that is gone now. All that’s left is eloquently presented through this animation. Ugh. So sad.
