martes, 28 de junio de 2011

Google+ Project: It’s Social, It’s Bold, It’s Fun, And It Looks Good — Now For The Hard Part

MG Siegler


Last night, you may have heard talk of a mysterious black bar appearing on the top of Google.com. Or you may have even seen it yourself. No, you weren’t hallucinating. It was a sign of something about to show itself. Something big. Google+.

What is Google+? It’s the super top-secret social project that Google has been working on for the past year. You know, the one being led by General Patton (Vic Gundotra) and General MacArthur (Bradley Horowitz). Yes, the one Google has tried to downplay as much as humanly possible — even as we got leak after leak after leak of what they were working on. Yes, the one they weren’t going to make a big deal about with pomp and circumstance. It’s real. And it’s here.

Sort of.

You see, the truth is that Google really is trying not to make a huge deal out of Google+. That’s not because they don’t have high hopes for it. Or because they don’t think it’s any good. Instead, it’s because what they’re comfortable showing off right now is just step one of a much bigger picture. When I sat down with Gundotra and Horowitz last week, they made this point very clear. In their minds, Google+ is more than a social product, or even a social strategy, it’s an extension of Google itself. Hence, Google+.

How’s that for downplaying it?

“We believe online sharing is broken. And even awkward,” Gundotra says. “We think connecting with other people is a basic human need. We do it all the time in real life, but our online tools are rigid. They force us into buckets — or into being completely public,” he continues. “Real life sharing is nuanced and rich. It has been hard to get that into software,” is the last thing he says before diving into a demo of Google+.

What he proceeds to show me is a product that in many ways is so well designed that it doesn’t really even look like a Google product. When I tell Gundotra and Horowitz this, they laugh. “Thank you,” Gundotra says very enthusiastically. Clearly, they’ve put a lot of work into both the UI and UX of Google+.

The first thing Gundotra shows me about Google+, and the first thing you’re likely to interact with, is something called “Circles”. You may recall that talk of this feature leaked out a few months ago — though it wasn’t exactly right. In fact, our story from months prior about a feature of Google +1 (the name of the network at the time which ended up being the name of the button — more on that in a bit) called “Loops” may have been a bit closer. That is, Circles isn’t actually a stand-alone product, it’s a feature of Google+ — an important one. “It’s something core to our product,” Gundotra says.

It’s through Circles that users select and organize contacts into groups for optimal sharing. I know, I know — not more group management. But the truth is that Google has made the process as pleasant as possible. You simply select people from a list of recommended contacts (populated from your Gmail and/or Google Contacts) and drag them into Circles you designate. The UI for all of this is simple and intuitive — it’s so good, that you might even say it’s kind of fun. It beats the pants off of the method for creating a group within Facebook.

Gundotra realizes that many social services have tried and failed to get users to create groups. But he believes they’ll succeed with Circles because he says they’re using software in the correct way to mimic the real world. More importantly, “you’re rewarded for doing this,” he says. How so? A big feature of Google+ is the toolbar that exists across the top of all Google sites (yes, the aforementioned black one). Once your Circles are set, sharing with any of them from any Google site is simple thanks to this toolbar.

Speaking of this black toolbar, which was codenamed the “Sandbar” as Google was working on it, Horowitz explains that it arose from the fact that sharing models on different sites are all different. The toolbar is an attempt to unify them. This toolbar will exist across all Google properties (though it may take some time to fully roll out). And down the road, you can imagine browser extensions, mobile versions, etc. But again, we’re on step one here.

Next, Gundotra showed off a feature called “Sparks”. He was quick to note that even though it’s a search box, this is not some sort of new search engine. Instead, he calls is a “sharing engine”. “Great content leads to great conversations,” he says. With Sparks, you enter an interest you have and Google goes out and finds elements on the web that they think you’ll care about. These can be links to blog posts, videos, books — anything that Google searches for. If you find something you like, you can click on an item to add it to your interest list (where it will stay for you to quickly refer to anytime you want). Or you can see what others are liking and talking about globally in the “Featured interests” area.

“Our goal here is to connect people. And everyone has a camera in their pocket,” Gundotra says as he shows me “Instant Upload”. This feature of Google+ relies on the use of an Android devices to take photos or shoot video. From a new app, you’ll do either of these things and the content will automatically be uploaded to Google+ in the background and stored in a private album (which you can share with one click later).

Another feature of Google+ is called “Huddle”. It’s essentially a group messaging app that works across Android, iPhone, and SMS to allow you to communicate with the people in certain Circles. When I asked why they wouldn’t just use Disco, the group messaging app that the Slide team within Google built, Horowitz would only smile and pretend that he didn’t know what I was talking about.

Finally, there’s a feature called “Hangouts”. “Everyone has high-speed networks these days, but how many use group video chat?,” Gundotra asks. “Not a lot.” He notes that while there are technical challenges, and some cost money, the biggest problem is that it’s socially awkward to video chat with someone. The Google+ team set out to fix this by thinking about neighbors sitting out on porches. If your neighbor is sitting there, you know that they’ll likely be interested in striking up a conversation. In fact, it would be rude for you to walk by and not say anything.

With that in mind, Google+ Hangout attempts to solve the social problem of video chat by making it easy for you to let others know that you’re interested in chatting. And if you’re already chatting with a Circle, everyone else in that Circle will get an alert to come hang out. This works for up to 10 people. And seeing it in action is a bit magical. Gundotra starts a Hangout with some co-workers and as they join, conversations start between multiple people. But the Google+ system is smart enough to focus on who is controlling the conversation in any given minute. This makes the conversation easy to watch. It was almost as if an editor is working behind the scenes, cutting between people.

Even cooler is that you can share a piece of content, like a YouTube clip, and everyone in the Hangout can watch it together while talking about it. It sounds a bit cheesy, but it’s really pretty great.

After the rundown of all of these features, Google+ may sound a bit convoluted. But the key to the project is the attempt to unify everything. This is done via the toolbar (which features a drop-down showing you all of your relevant Google+ activity), but also on the mobile apps (again, Android and iPhone), and, of course, on the web. The Google+ site is the main stream on which you’ll find everything. From here, you can easily switch between all of your Circles, share content with any of them, start a Hangout, look up Sparks, etc.

All of the information flowing through the system does so in real time. As something is shared with you, it appears at the top of your stream. It’s a bit like FriendFeed, in this regard (which I love).

You’ll also find a link to your Google+ Profile, which will replace your old Google Profile if you have Google+ enabled. On this profile you’ll find not only a stream of everything you’ve shared across Google+, but also your +1 content. That’s likely important. While there has been plenty of speculation (by myself and others) that the +1 Button is already a dud, the larger picture is still a bit hidden. While Gundotra and Horowitz declined to specifically talk about it too much, you’ll see a +1 button on all Google+ content — the +1 Button clearly ties deeply into all of this. It is going to be their Facebook “Like” button.

All of this sounds great so far, but what about the downsides? Whether they’ll admit it or not, Google is making a bold and perhaps risky move by attempting to attack social from scratch. What if they flop again?

From the little that I’ve seen so far, Google+ is by far the best effort in social that Google has put out there yet. But traction will be contingent upon everyone convincing their contacts to regularly use it. Even for something with the scale of Google, that’s not the easiest thing in the world — as we’ve seen with Wave and Buzz. There will need to be compelling reasons to share on Google+ instead of Facebook and/or Twitter — or, at the very least, along with all of those other networks. The toolbar and interesting communication tools are the most compelling reasons right now, but there will need to be more of them. And fast.

Speaking of Buzz, one thing that strikes me about Google+ is that it seems a bit like Google Buzz done right. When I asked if Google+ would be the official death of Buzz, Horowitz declined to say, but did note that it was still being decided how those pieces will play together.

And that could be a bigger issue for Google. With much of Google+, they’re simply creating a new layer rather than utilizing Google’s existing services. For example, when you upload pictures to Google+, they don’t just go to Picasa (though they do go there as well), they also reside on Google+. On one hand, that will confuse some users. On the other, it’s quite refreshing to see Google attempt to start fresh with this new project.

What about Twitter, Facebook, or other social integration? Horowitz wouldn’t go into too much detail as it sounds like tie-ins are still being discussed. As I understand it, right now, Google+ will largely be a stand-alone network with some low-level third-party social network integration.

So when can you try Google+? Here’s the thing that will be a kick in the pants to some users: Google is beginning to roll it out today, but it will only be a very limited field trial. You can submit your email address here to be entered into the system and notified as roll-outs continue, but Google says that they have no set time table for a full rollout. Again, this is phase one of what Google hopes to do with Google+, so they’re taking it slow.

“It’s not about one particular project, it’s about Google getting better. We know this is going to take us a considerable amount of time. But we want to make Google better by connecting you with your relationships and interests,” Gundotra reiterates. He declined to state how big the team within Google currently working on the project is, but says that it’s a “decent sized team”.

“Today’s web is about people. To organize the world’s data, you have to understand people,” Gundotra concludes, noting that newly crowned CEO Larry Page has been heavily involved in this project from the get-go.

As it is unveiled to the world, Google+ sounds and looks great. But we’ve seen that before from Google. Now comes the hard part.

More:

Why Google+ Looks Good: Original Macintosh Team Member Andy Hertzfeld

While We Await The Native App, The Google+ iPhone Mobile Web App Is Pretty Solid

Interjet estima precio de 23 pesos/acción para OPI

Foto: cortesía de Pasaje.com

La empresa hará una oferta pública primaria y secundaria en el mercado local simultánea a una oferta privada en Estados Unidos y otros países.

Ciudad de México • ABC Aerolíneas, que opera a Interjet -la segunda mayor aerolínea mexicana-, estimó un precio de 23 pesos por título en una planeada oferta accionaria en la que recabaría 300 millones de dólares, según un prospecto preliminar actualizado esta semana.

La compañía colocaría hasta 162, 250,000 Certificados de Participación Ordinaria (CPO), cada uno representativo de una acción serie A y una acción serie B, que representan 32.59 por ciento de su capital social.

Interjet hará una oferta pública primaria y secundaria en el mercado local simultánea a una oferta privada en Estados Unidos y otros países.

La empresa destinará los fondos obtenidos a financiar su plan de expansión 2011-2015 que incluye, entre otros, la adquisición de nuevos aviones modelo Airbus A320 y Superjet100, ampliar su infraestructura y continuar con su plan de inversiones.

El prospecto no precisa la fecha de la oferta global, que sería la segunda este año en la bolsa mexicana después del debut en abril de Aeroméxico, la mayor aerolínea del país.

fuente: Milenio.com

Zynga busca recaudar 2,000 mdd - Negocios - CNNExpansion.com

La Oferta Pública Inicial fija para la firma de juegos un valor de entre 1,500 y 2,000 mdd; la creadora de FarmVille entregaría la documentación a reguladores el miércoles.


Zynga también ha mantenido conversaciones con los bancos por una línea de crédito de al menos 1,000 millones de dólares, según la cadena CNBC. (Foto: Especial)
Zynga también ha mantenido conversaciones con los bancos
por una línea de crédito de al menos 1,000 millones de
dólares, según la cadena CNBC. (Foto: Especial)

NUEVA YORK (Reuters) — La compañía de juegos en Internet Zynga planea recaudar entre 1,500 y 2,000 millones de dólares en una Oferta Pública Inicial (OPI) y podría presentar el miércoles la documentación necesaria a reguladores de Estados Unidos, dijo una fuente familiarizada con el tema.

Zynga sólo pondría en Bolsa una pequeña parte de sus acciones, y la OPI establecería para la compañía un valor estimado entre 15,000 y 20,000 millones de dólares, dijo la fuente este martes.

Zynga es la empresa que está detrás de una serie de juegos populares en Facebook como FarmVille y Mafia Wars, y tiene más de 215 millones de usuarios activos mensuales, según su sitio en Internet.

Morgan Stanley lideraría a los suscriptores de la OPI, acompañado por Goldman Sachs, Bank of America Merrill Lynch, Barclays y JPMorgan también, dijo la fuente.

La fuente pidió no ser identificada porque la información no es pública. Los bancos y Zynga se negaron a realizar comentarios.

Zynga también ha mantenido conversaciones con los bancos por una línea de crédito de al menos 1,000 millones de dólares, según la cadena CNBC, que reportó la noticia.

Su salida a Bolsa convertiría a la compañía en la última de una serie de empresas de medios de comunicación social que han aprovechado una recuperación de los mercados bursátiles.

Zynga seguiría a LinkedIn Corp y a la china Renren Inc, que fueron las primeras compañías de medios sociales en poner a prueba los mercados bursátiles en mayo.

Al día de hoy, las acciones de LinkedIn superan el precio de la OPI, pero están por debajo de sus máximos, mientras que las de Renren han perdido casi la mitad de su valor desde el lanzamiento de la oferta pública.

Algunos inversores ya esperan que la OPI de Zynga supere a la de LinkedIn por su constante flujo de ingresos.

domingo, 26 de junio de 2011

RIM, You’re Done Here

by John Biggs on June 22, 2011

Research In Motion is done. They’ll be bought in the next year or so, their products will roll into whoever buys them – Microsoft, most probably – and they’ll go the way of Nokia, Danger, and countless other mobile platforms. They’ll exist independently for a while and then be subsumed. It’s over.

Here’s why.

There is no money in “business” phones. Blackberries aren’t status symbols. They’re the real-world equivalent of the thick, heavy IT-department-assigned business laptop. They’re staid, boring, and unwanted but people are used to them and, for email, they are quite capable. But that’s about it.

But these phones are increasingly getting a drubbing from IT departments who are starting to support more popular devices including, obviously, iOS and Android phones. No one ever got fired for installing a BES, but you can be sure someone will get fired for not supporting WebDAV standards over the next few years.

You can make lots of money selling hardware to fleet buyers, to be sure. But when those fleet buyers are saving money by refusing to pay for devices, where do you think consumers are going to go? Back to the same hardware they’ve been saddled with for years?

Their audience has already moved on. I remember a few years ago I was invited onto MTV (and never invited back) to talk about the “top smartphones.” I think it was 2007. These included a Windows Mobile device, a new Sidekick, and, inexplicably, a Blackberry Curve. The results of a viewer survey had the Sidekick beat out the other devices quite handily but what I couldn’t understand was how the Curve, for all its benefits, could have made it onto the list in the first place. The Sidekick was a lifestyle device and even the WinMo-powered Dash by HTC could be seen as a lifestyle device. But the Curve? Never.

RIM has an audience, but that audience is shrinking. Arguably they had a good run, but there are plenty of other devices from other manufacturers – Microsoft included – that have much more cachet in terms of general appeal. Even BBM no longer sounds as enticing as it once did, especially in an era of Facetime, Qik, and Hipchat.

RIM’s competitors are stronger and faster. Android is taking the lead and iOS is a close second in the general consumer phone market and, barring some misstep by either party, RIM will always be a distant third. I’d even say that Windows Phone, post Mango, is looking to be a better business solution for many users than anything RIM has to offer. What could RIM do to pull out of this death spiral? Release consumer phones? Nope, tried that. Release business phones? Nope, tried that. Release a tablet? Nope. Which brings us to our next point:

They blew the tablet race. Completely. They blew it. RIM is estimating they’ll sell 800,000 after preliminary expectations of 2.4 million. Even if every single Blackberry owner was forced by their IT departments to buy a Playbook at gunpoint they probably couldn’t sell half that number.

The Playbook is a beautiful, well-made device. But it is a year too late and far too confusing for the average consumer. Their biggest mistake? RIM failed to provide native email out of the box. That’s the long and the short of it. The biggest name in email couldn’t pull off email.

No matter what they change, they can’t escape the past. Take a look at the video below. This is from Nokia’s last smartphone to run a variant of Meego. Looks pretty great, right?

But it’s not. It will never see the light of day and, in fact, all of the dedicated work put into the UI and the OS will soon be lost. Why? Because it’s far too little far too late. Nokia, a giant in the industry, now exists as a shell of its former glory. RIM can, and will, go the same route.

RIM’s legacy is writ large on the world around us. Almost every major enterprise mobile system is patterned on their excellent email and PIM solution. But they are now slaves to their own success. They can’t sell anything other than a keyboard-candybar phone in an era where the keyboard is increasingly irrelevant or hidden away until needed. This failure of imagination in both consumer and manufacturer is their curse. In a world where every phone is smart and every phone does email, there is little to recommend any RIM phone over any other. It’s over and now we’re just waiting for the buy-out and inevitable disappearance of one of the greatest mobile companies in modern memory.

As “biased” as you’ll say I sound in this post, I’ll be sad to see them go.

RIM se desploma 21.45% en el Nasdaq - Negocios - CNNExpansion.com

Los títulos de la compañía cerraron a la baja luego de que reportara una menor ganancia trimestral; en fabricante de BlackBerry registró ingresos por 4,900 mdd y utilidad de 1.38 dólares por papel.


EL fabricante de BlackBerry, RIM está perdiendo competitividad en el mercado debido a la falta de productos atractivos. (Foto: Reuters)
EL fabricante de BlackBerry, RIM está perdiendo
competitividad en el mercado debido a la falta
de productos atractivos. (Foto: Reuters)

NUEVA YORK (Reuters) — Las acciones de Research In Motion Ltd cayeron 21.45%, a 27.75 dólares, en el cierre de Wall Street, este viernes, un día después de que el fabricante de la BlackBerry informara de débiles resultados trimestrales.

RIM reportó el jueves pasado una ganancia trimestral más baja y sus ingresos no cumplieron con su propio pronóstico, que ya era débil, obligando a la compañía a reducir sus perspectivas.

La compañía alcanzó una utilidad neta de 695 millones de dólares, o 1.33 dólares por acción, sobre ingresos de 4,900 millones de dólares. Analistas esperaban utilidades de 1.32 dólares por acción sobre ingresos de 5,100 millones de dólares.

Hace un año en el mismo periodo RIM ganó 1.38 dólares por acción sobre ingresos por 4,240 millones de dólares.

Dos analistas recortaron sus recomendaciones para los títulos y varios redujeron sus objetivos de precio.

Frente a la intensa presión de Apple Inc y de Google Incen el mercado de los teléfonos inteligentes, RIM advirtió además de que sus últimos modelos no llegarían a las tiendas en Estados Unidos hasta bien avanzada la temporada de compras por el regreso a clases.

El retraso en los nuevos lanzamientos de teléfonos inteligentes y la incapacidad de RIM de arrebatarle cuota de mercado al alicaído gigante de los teléfonos móviles Nokia hizo que Citigroup bajara la recomendación de la acción a "vender" desde "mantener".

Analistas de Citigroup dijeron que RIM se está perdiendo la temporada de vuelta a clases en Norteamérica debido a la falta de nuevos productos atractivos, generando el riesgo de una pérdida de conciencia de la marca entre los consumidores.

"En general, consideramos que RIM no tiene soluciones de corto plazo para mejorar su cartera de productos, percepción de marcas, para revigorizar sus acciones,aumentar sus ingresos o su rentabilidad", escribieron analistas de Citigroup en una nota a clientes.

AMóvil alista división de acciones - Negocios - CNNExpansion.com

La empresa decidió escindir sus títulos el día 29 de este mes, durante una reunión de accionistas; el 29 de diciembre, los inversionistas recibirán dos papeles para cada uno en tenencia.


América Móvil es una empresa líder en el mercado de telefonía móvil de Latinoamérica. (Foto: SXC )
América Móvil es una empresa líder en el mercado
de telefonía móvil de Latinoamérica. (Foto: SXC )

CIUDAD DE MÉXICO (Reuters) — América Móvil, empresa de Carlos Slim, informó este martes que hará efectivo el 29 de junio la división de la totalidad de sus acciones que había anunciado en marzo.

América Móvil líder del mercado de telefonía celular en Latinoamérica, dijo que una asamblea extraordinaria de accionistas celebrada el 27 de abril, decidió entregar los nuevos títulos el 29 de junio próximo.

La división se efectuará a razón de dos nuevos títulos por cada uno en tenencia.

Los accionistas que cuenten con títulos físicos recibirán sus nuevas acciones el 29 de diciembre próximo, dijo la empresa en un comunicado enviado a la Bolsa Mexicana de Valores (BMV).

La compañía, que es la joya del imperio empresarial de Carlos Slim -el hombre más rico del mundo según la revista Forbes-, reportó una ganancia de 1,977 millones de dólares en el primer trimestre del 2011, un periodo en el que alcanzó un total de 231 millones de usuarios de telefonía móvil.

Este martes las acciones de la compañía escalaron 1.31%, a un precio de 29.45 pesos en la Bolsa mexicana, mientras que en Estados Unidos sus títulos repuntaron 1.925, a 49.87 dólares.

Seat evalúa producir autos en México - Negocios - CNNExpansion.com

La compañía española analiza relocalizar algunos procesos productivos fuera de la zona euro; la automotriz exhibirá próximamente un nuevo vehículo para competir en el sector de los compactos.


El Exeo es el modelo más reciente que la firma comercializa en México. (Foto: Cortesía Seat)
El Exeo es el modelo más reciente que la firma
comercializa en México. (Foto: Cortesía Seat)

CIUDAD DE MÉXICO (CNNExpansión) — A diez años dehaber comenzado operaciones en México Seat analiza la posibilidad de contar con procesos de producción fuera de la Unión Europea, y entre los destinos que contempla se encuentra el territorio mexicano, dijo César Cancela, director general de la marca en México.

"Es definitivo que existe el interés claro de buscar la producción de vehículos fuera de la zona del euro y una de las opciones pues obviamente sería producir en México", dijo en entrevista con CNNExpansión.

El directivo agregó que por el momento no hay planes concretos o fechas, destinos o montos para invertir, pero añadió que existe "una fuerte intención de hacerlo".

Durante los primeros cinco años en México, la firma tuvo un periodo de bonanza sobre todo por la situación del tipo de cambio del euro frente al dólar, el cual rondaba los 7 pesos. Pero ahora el tipo de cambio está por arriba de 17 pesos.

"Desde 2007, la situación no ha sido tan favorable, (...), hemos tenido que establecer un plan de trabajo que nos permitiera tener un crecimiento continuo y mantener nuestra cuota de mercado", confesó Cancela, quien ha formado parte del Grupo Volkswagen, dueño de Seat, desde 1997.

Seat finalizó 2010 con ventas de 13,380 unidades, una baja de 14.1% respecto a 2009, cuando se comercializaron 15,584 vehículos.

El directivo comentó que planean finalizar 2012 con cerca de 18,500 vehículos en las calles y tener un avance parasuperar las 22,000 unidades en 2015.

Pequeño, pero vendedor

Los autos compactos podrían ser la nueva fuerza para Seat, luego de que la firma dejara de comercializar el año pasado el modelo Cordoba, que representaba ventas por más de 3,000 unidades anualmente.

"No tenemos hasta el momento un sustituto para el Córdoba (...), sin embargo, el sector de los subcompactos y compactos está remontando y estamos pensando en traer a México un subcompacto de tres volúmenes", adelantó Cancela.

Este vehículo es diseñado por la firma española y se presentará formalmente en el Auto Show de Ginebra de 2012.

El acumulado de ventas de la firma durante los primeros cinco meses de 2011 es de 7,195 vehículos, un incremento de 38% respecto al mismo periodo del año anterior, cuando se comercializaron 5,212 unidades.

Seat fue fundada en 1950 y tiene 47 concesionarias en México que han vendido alrededor de 160,000 unidades en los últimos 10 años.


Google Invests $102 Million More Into California’s Alta Wind Energy Center

Lora Kolodny

According to an official company blog post today, Google is increasing its investment into California’s Alta Wind Energy Center (AWEC) by $102 million, bringing its total investment in the renewable energy facility to $157 million.

The AWEC is being developed by Terra-Gen Power, primarily. The first development within the massive facility is the Alta-Oak Creek Mojave Project. Google’s latest funding commitment would go to build an extension at the facility. The AWEC has a transmission line, the Tehachapi Renewable Transmission Project, dedicated to it which makes it distinct from many, large-scale renewable energy projects that have been proposed in the U.S.

Over the years, Cape Wind faced challenges winning public opinion and regulatory approvals due to a lack of a transmission line that can send power generated offshore back to Nantucket or Boston, two large markets nearby. In 2010, as reported by Reuters then, Google, along with cleantech investment firm Good Energies and Japans’ Marubeni Corp., agreed to take an equity position in Cape Wind’s transmission line.

This year, Google has invested about $700 million into renewable energy projects, according to press statements by Rick Needham, the company’s director of green business operations.

Google also recently dedicated funds to financing SolarCity residential solar development, and to other large-scale solar and wind projects including at Ivanpah a solar power tower project in Nevada, and Shepherd’s Flat, the wind farm in Oregon.

A hearty tax appetite is partly responsible for Google’s move to become a clean energy financier of this magnitude. Google will reap the benefits of many tax credits currently available to investors in clean energy in the U.S.

Supporting clean energy and new additions to the grid could also help Google maintain a stronghold in search and big data; users will inevitably search for and process bulk amounts of information about energy production and use via Google, its APIs and apps as new sources of energy get plugged into the grid, and as utilities are forced by regulators to report more carefully on their environmental impact.

Intel plans exascale computing by 2018, wants to make petaflops passé -- Engadget

By Michael Gorman posted Jun 20th 2011 8:13PM

Sure, Fujitsu has a right to be proud of its K supercomputer -- performing over 8 petaflops with just under 70,000 Venus CPUs is nothing to sneeze at. Intel isn't giving up its status as the supercomputing CPU king, however, as it plans to bring exascale computing to the world by the end of this decade. Such a machine could do one million trillion calculations per second, and Intel plans to make it happen with its Many Integrated Core Architecture (MIC). The first CPUs designed with MIC, codenamed Knights Corner, are built on a 22nm process that utilizes the company's 3D Tri-Gate transistors and packs over 50 cores per chip. These CPUs are designed for parallel processing applications, similar to the NVIDIA GPUs that will be used in a DARPA-funded supercomputer we learned about last year. Here we thought the war between these two was over -- looks like a new one's just getting started. PR's after the break.

SageTV HTPC software acquired by Google, next stop Google TV? -- Engadget

By Richard Lawler posted Jun 18th 2011 7:37PM

In what may be an interesting development for the future of Google TV, the folks at Mountain View have purchased SageTV. The HTPC software has been doing its media center thing on multiple platforms since 2002, and according to a note on its homepage the developers "believe our ideas will reach an even larger audience of users worldwide on many different products, platforms and services." While there's no word on exactly what Google has planned, SageTV has long included DVR and placeshifting features that the Google TV product lacks by itself. The bad news for current users is that the store links on SageTV's page have suddenly stopped working, so hopefully you snagged the software already if you're interested. If your main question is "What is SageTV?" check out a demo video created by user jaredduq that is embedded after the break.

[Thanks, Jason, screenshot courtesy GeekTonic]

Study: VCs Still Addicted To IPOs

Rip Empson
Jun 23, 2011

It seems that Venture investors are none-too-happy with current IPO activity. According to a study sponsored by Deloitte and the National Venture Capital Association released yesterday, over 80 percent of venture capitalists from around the globe believe “that current IPO activity levels in their home countries are too low”. Low enough, in fact, that it has investors worrying over whether or not it can sustain the venture capital industry.

While it seems that investors and VCs tend not to agree on anything (ever?) and it’s thus a bit surprising to see 87 percent of U.S. investors agreeing that IPO activity is too low, it’s also important to keep in mind that this survey was given to investors in the spring. This was before Pandora and LinkedIn went public and bubbletalk was on the tip of everyone’s tongue; in fact, 2011 seems to be a pretty good year for IPOs and investors are encouraging startups to raise. (Before a potential bubble burst, of course.) So then, perhaps VCs should consider IPO rehab for their addictions? What do you think?

That being said, the study overwhelmingly found that the health of venture capital industries within each of these countries are suffering thanks to paltry IPO activity, and that the low level of activity is just not producing enough returns to provide growth capital for developing portfolio companies — nor are they meeting the expectations of limited partners.

While 91 percent of investors think that the U.S. domestic IPO market is critical to the health of venture capital, only 36 percent of U.S. VCs feel the same way about the rest of the world. That being said, maybe there’s some promise for the global market, as more than half (57 percent) of the 347 VCs surveyed are making plans to increase investments being made outside of their home countries over the course of the next five years.

As to what’s currently at the top of investors minds in regard to turning this trend around? Of the investors polled, 83 percent cited investor appetite as the most important factor for a strong IPO market, compared to the need for less cumbersome reporting for newly public companies (33 percent). The mention of fickle appetites as the top concern over regulation and reporting is very interesting, especially considering the SEC just voted today on the definition of what a venture capitalist is, as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which was passed last year.

Though the details of the regulations will be announced next week, it looks like the government’s definition of venture capital will remain much the same, meaning the SEC will likely exempt VCs from most of the new reporting requirements that will be asked of hedge funds and other investors with more than $150 million in assets as part of this legislation.

In terms of areas that investors are currently most excited about, it seems that the cloud is on top, with 69 percent of VCs saying that they continue to be excited about cloud computing, whereas 65 percent are planning to increase investment in social and new media — with clean tech coming in next at 62 percent.

Interestingly, 54 percent of those polled said they would be putting additional funding into healthcare services, which is great to see. There seems to be renewed interest in healthcare IT and medical services, especially considering the government continues to push for reform in the healthcare industry. Nice to see healthcare avoiding becoming one of the sectors least appealing to investors, like semiconductors which came in at 13 percent and telecom at 15 percent.

With there being a lot of coverage swirling around the topic of whether or not there’s a bubble, multi-billion dollar valuations, and a struggling IPO market, quite a few have weighed in on the matter. Mark Suster’s post yesterday is not to be missed. One of the charts in Suster’s post shows that VC-backed IPOs jumped in 2010, and though it doesn’t include numbers for 2011, there’s a chance we may even get to a 10-year hight. Thankfully, I’m not a betting man. And, for good measure, because you need your VC vitamins, you should also check out Fred Wilson’s response.