Cisco is axing 4,000 jobs, or roughly five percent of its workforce, citing the “challenging” global economic climate. [New York Times]
Peter X. Deng, one of Facebook’s most popular product managers, is assuming a similar role at Instagram. He’ll report to CEO Kevin Systrom. [The Verge]
Perhaps there is some good news for Blackberry: Its 9,000 patent-stash is valued around $2 to $3 billion. [ZDNet]
Try to contain your excitement, but ad-free Twitter knockoff App.net has raised another $2.5 million from Andreessen Horowitz. [TechCrunch]
Betaworks’ addicting app Dots is rolling out Android and Amazon Fire versions today. There’s also a new mode called “Moves” that limits you to 30 swipes with no time limit. [AllThingsD]
Twitter attempted to have a conversation about race and the tech industry yesterday. The loudest voices? White men on either side of the argument shouting each other down. What got obscured along the way was just how much pattern-matching plays into the lack of diversity in the tech industry and the people who cover it and how that holds all of us back.
They almost made Jamelle Bouie’s point for him.
In a feature for The Magazine, Mr. Bouie examined why the mastheads of tech blogs like The Next Web, The Verge, Engadget and Gizmodo were overwhelmingly white and male. Rather than “overt racism,” he found a prohibitive combination of dependence on unpaid internships–and the network effect of a wired boys club whose members sometimes seem to be talking solely for each other’s benefit.
App.net has generously created a $5 per month plan and lopped $14 off its yearly membership fee. That means people with $36 to spare on a Twitter lookalike can now snag their very own App.net handle and bragging rights to spending $36. Or $60, if you opt for the $5 monthly plan.
As The Next Web notes, members who ponied up the original (and infamous) $50 yearly fee won’t receive a refund, just extra months on their current plan.
They Alley may think it’s got somethin’ on the Valley, but in California it’s now illegal for employers and universities to solicit your social media passwords. Damn hippies. [The Atlantic]
Speaking of California, General Assembly partnered with LaunchPad LA to open a branch in Los Angeles. [PandoDaily]
Google faked an address in its “iLost” Motorola commercial to make Apple Maps look bad. Come on, guys. You don’t need to lie to make Apple Maps seem unusable. [AppleInsider]
App.net is giving out $20,000 per month to developers that already have $50. Sigh. [App.net]
The Tech Elite
You didn’t think we’d forgotten, did you? It’s Friday afternoon, which means it’s
Reverse-Reverse Sexism Still wondering what $50 and an App.net membership will get you (besides
Wedding bells On the mergers front, we hear that serial cofounder and investor Zack Klein recently married girlfriend Courtney Lewis, a partner at Hard Candy Shell. The pair booked Read More
Stuff White People Like
App.net, the private social network spearheaded by Valleyite Dalton Caldwell, recently raised $600,000 from the tech community in order to build an “ad-free Twitter alternative.” To keep out the riffraff, App.net charges $50 for subscribers and $100 for developers in order to join the elite handful of people active on the site.
Yesterday, developer Diego Basch published some stats scraped from his first month on App.net. A lot of the findings are unsurprising, given App.net’s origins, but interesting nonetheless:
BuzzFeed’s FWD tech blog has stepped forward to answer one of the most burning questions of our time: where do you find white guys on the Internet? As a service to the caucasian XY-deprived populace, FWD focuses its survey on three somewhat similar bloggy or social networking-related start-ups: Svbtle, Medium and App.net:
Much has been written about Valley celeb Dalton Caldwell and his rather notorious new social network, App.net. The Twitter-like site charges $50 to join, in an effort to weed out spammers and people who aren’t really dedicated to the integrity of the community.
BuzzFeed wondered if the walled garden of App.net signaled the beginning of “white flight” from more inclusive sites. Venturebeat called Mr. Caldwell a “betrayed entrepreneur” crusading against Facebook and Twitter. But perhaps the most scathing critique comes from Ihave50dollars.com, a site built to look exactly like App.net that satirizes the fact that App.net is basically a social network for people with an extra $50 laying around.