startup rundown

Startup News: JackThreads Gets an iPad App, SoundCloud Opens a NYC Office and BitPay Expands

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JackThreads Gets an iPads App Purveyor of men’s clothes and accessories JackThreads is attempting to seal up its lucrative mobile market. The company, described as ‘urbo-hipster’ by TechCrunch, is currently generating about 40 percent of revenue via its iPhone app. CEO Ben Lerer revealed how he was excited to “Roll out this beast to our guys.” Not sure if “beast” correctly describes a collection of blazers and jackets, but we wish them luck. Read More

Linkages

Booting Up: You Can’t Use Square to Sell Guns Any More

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The crooner Bing Crosby might’ve been a total dick, but it turns out he was a pretty smart angel investor. Guess the Biebs isn’t so special, after all! [New Yorker]

“They became a virtual criminal flash mob, going from machine to machine, drawing as much money as they could, before these accounts were shut down.” Don’t look now but someone lived out your wildest ATM-related dreams. [The Verge]

If you’re going to I/O, keep your eyes peeled for all the sensors tracking air quality, noise levels and lord knows what else. [TechCrunch]

Square’s TOS was recently updated to add that you can’t sell “firearms, firearm parts or hardware, and ammunition; or… weapons and other devices designed to cause physical injury” using the service. Guess you’re gonna have to start bringing duffle bags full of cash to the gun show again. [CNN Money]

Aereo launches in Atlanta June 17. [Aereo]

Over The Aereo

Aereo Will Roll Out Service in Boston May 15

Hot Bostonites enjoying Aereo. (Photo: Facebook)

Aereo, the online service that lets users livestream local channels, announced today that it will be rolling out service to Boston, its second major metropolitan area. Starting May 15, customers in the Massachusetts area who have pre-registered for the free service will start receiving their invites to try it out. On May 30, membership will available to all 4.5 million people in the Boston area.

Nearly 30 channels will be available for streaming, including the city’s network affiliates, specialty channels (i.e. PBS Kids, The Country Network) and some Spanish-language networks. The Boston market extends beyond Massachusetts and includes parts of New Hampshire and Vermont. Aereo has been staffing up in Boston and has several engineering job openings listed on its Career page. Read More

Over The Aereo

News Corp. Threatens to Yank Fox Off the Airwaves and Turn It Into a Cable Channel If Aereo Wins In Court

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What’s the best way to respond when a court ruling doesn’t go in your favor? Public histrionics, judging by statements from News Corp. COO Chase Carey.

Last week, the Second Circuit appeals court upheld a decision denying broadcasters their motion for a preliminary injunction against Aereo, the Barry Diller-backed startup that lets users live-stream broadcast TV. The plaintiffs in the case are a cohort of powerful media companies, including NBC, CBS, Disney and, yes, News Corp, whose COO Chase Carey is not taking the decision lying down. Read More

Linkages

Booting Up: Just Two More Days of Facebook Phone Gossip to Deal With!

Mr. Allen is signing...a lease?? (Photo: Flickr)

We’re another day closer to the fabled Facebook phone release so images are leaking out of what the supposed Android-based OS is going to look like. Hint: it’s blue! [CNET]

Say hi to your newest your coworker, Silicon Valley. It’s Paul Allen! The Microsoft cofounder is opening a new investment office under the Vulcan Capital name. [PEHub]

A Federal Court ruled yesterday that one simply can not resell their iTunes-purchased songs thus endangering the future of music site ReDigi.com. But it’s not all bad news. This is probably the most press ReDigi has ever received! [AllThingsD]

Allan Kay, computer pioneer and the man who coined the phrase “The best way to predict the future is to invent it,” is the subject of a lengthy profile. [TIME]

Fresh off Aereo’s win in appeals court yesterday (where judges denied TV networks their request for an injunction), CEO Chet Kanojia is predicting that broadcasters will take the issue to Congress. [The Verge]

Over The Aereo

Win One for the Diller: Appeals Court Rules In Favor of IAC-Backed Aereo Over TV Networks

IAC CEO Barry Diller. (David Shankbone)

Aereo, the New York City-based service that lets cordcutters live-stream network TV online, has been making broadcasters feel litigious ever since IAC led a $20.5 million Series A in the startup last February. The group of 17 broadcasters suing Aereo argue that the individual antennas Aereo assigns each user are an illegal loophole to avoid paying networks costly retransmission rights–and that Aereo is guilty of copyright violation of their content.

This January, Aereo raised $38 million more, which should help cover its considerable legal fees. But the TV incumbents haven’t found much support in the courts. Read More

startup rundown

Startup News: Angel Investors Now Live In College Dorms, Cable Becomes More Irrelevant, and Bloomberg Loves Nerds

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Because Angel Investors Can Live In Dorms Too The New York tech scene can never have too many venture capitalists, but sometimes it can be difficult for student entrepreneurs to bridge the age gap between themselves and their investors. Enter the Dorm Room Fund, an investment team started by firm First Round Capital, which is run and Read More

No FOMO

The 16 SXSW Parties You Really, Really Don’t Want to Miss!

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This is a guest post from Gary Sharma (aka “The Guy with the Red Tie”), founder and CEO of GarysGuide and proud owner of a whole bunch of black suits, white shirts and, at last count, over 40 red ties. You can reach him at gary [at] garysguide.com.

So, as y’all know, SXSW (or, as I like to call it, Sundance for Geeks) is now just two weeks away. That’s right, people: Time to start planning how you gonna be partying it up and taking Austin by storm! :) To make your life easier (the better to gorge on all those mouth-watering Nuclear Tacos and drool-inducing Salt Lick BBQs) I’ve put together The ULTIMATE Guide to SXSW Interactive 2012 Parties (185 and counting)! And of course, it comes with my special commentary and notes to help you make sense of all the madness. You’re welcome.

Now, of course, as any SXSW veteran can attest, the seemingly endless parade of parties, panels and people can quickly become overwhelming. So to make your life even easier, I’ve compiled a list of the 16 most-awesome-must-attend-unmissable parties that are bound to give all your friends at home a giant pile of FOMO! Read More

Over The Aereo

Here Comes Aereo! Service Expanding to 22 New Cities [UPDATED]

Killer Diller. (Photo: flickr.com/techcrunch, by Dave Getzschman)

Hey, look: It’s some actual news out of CES, which has absolutely nothing to do with Evernote-integrated refrigerators! New York-based, Barry Diller-backed TV-streaming service Aereo has been teasing an expansion for some time now, and in a speech today from CEO Chet Kanojia, the company made its move.

The service will roll out to 22 new cities, including Boston, Atlanta, and Washington, D.C, starting in the late spring. Aereo will continue its “Try for Free” program in each of the cities, so would-be cord-cutters can get a taste, but it’ll be invitation-only at first.  Read More