Philadelphia has finally beat its big bro New York City at something–the historic city leads the nation in smartphone theft :(. Their mayor is joining Pennsylvania and New York attorneys general on an initiative to curb the burglaries. [CBS Local]
Google+ has seen a 58 percent jump in users, meaning the social network no Read More
Love in the Time of Algorithms
Lovebirds might want to brace themselves, because it turns out that, like your Great Aunt Mildred and second-best friend from third grade, Facebook has an opinion about the near-term life expectancy of your marriage. Figures.
The New York Times reports on the results of a study by a Cornell computer scientist and a senior Facebook engineer, who crunched numbers from 1.3 million (anonymous) Facebook users with a “spouse or relationship partner.” They discovered that the best indicator of coupledom is not total number of mutual friends, but rather dispersion, when “a couple’s mutual friends are not well connected to one another.”
On Saturday, the NYSE tested its systems’ ability to handle the demand from Twitter’s IPO to avoid the problems Facebook faced over at Nasdaq. [Reuters]
Yahoo is still figuring out how to position Tumblr as an advertising profit center, but all the porn isn’t helping. “It’s not high on our list,” said an agency exec. [AdWeek]
Netflix’s CEO said they might release “big movies ourselves” because they hate the theater experience as much as you do. [Hollywood Reporter]
Supposedly Facebook wanted to purchase Snapchat for $1 billion, which Evan Spiegel rebuffed. [WSJ]
Gather round and hear the tale of Feargal O’Rourke. Dubbed a “local hero,” he’s the architect of making Ireland a tax avoidance heaven for large tech companies, like Twitter. [Bloomberg]
Facebook is cashing in on the “teen trend” by allowing users aged 13 to 17 post publicly, which the social network can sell ads on. [New York Times]
Twitter has picked up another Googler to head up retail ad sales as it preps for an IPO. [Variety]
Oyster, the “Netflix for ebooks,” has landed on the iPad. [GigaOM]
Verizon Wireless made a measly $30 billion in revenue last quarter. [The Verge]
Importantly, the Pandacam is coming back online today now that the government shutdown is now over. [WJLA]
After a decade and a half of the Internet wreaking havoc on the way we live our lives, the literary world has decided it’s time to tackle its influence. Hard on the heels of Bleeding Edge, Thomas Pynchon’s take on Silicon Alley’s first tech boom, we have The Circle, a patched-together dystopian fantasy by Dave Eggers, who is quite clearly very worried about the pernicious influence of Facebook and its ilk.
Many, many words have already been devoted to the ways Mr. Eggers misunderstands Silicon Valley, and they’re justified. The novel reads like it’s cobbled together from what Mr. Eggers has overheard in the bars, coffee shops and parks of San Francisco. He’s nailed the sound of the tech world’s delusions of grandeur, but he doesn’t see them for the delusions they usually are.
Cory Booker’s disaster of a Web startup Waywire was sold to Magnify, a video distribution service. [AllThingsD]
Facebook picked up mobile data analytics company Onavo for roughly $200 million. Perk: It gets an office in Israel! [TechCrunch]
Yahoo CEO Marissa Mayer’s “charm offensive has impressed many on Madison Avenue, but getting advertisers to actually spend more on Yahoo’s Web properties will not happen overnight, industry experts said.” [Reuters]
Purchasing cable channels a la carte is happening sooner than you think…in Canada. If its successful, analysts expect the U.S. to follow suit. [Reuters]
Here’s everything you need to know about 23andMe, the $99 genetics test startup. [Fast Company]
Jesus died for our selfies
People love to grumble about selfies, but a new round of statistics solidifies it: about 25 percent of adults are over them.
The numbers come from Bing, the Telegraph reports. The search engine surveyed 2,000 adults and frankly, we’re kind of surprised only about 500 of them weren’t into selfies.
Privacy is Dead
Once upon a time, Facebook was a roped-off safe space for moronic 18-year-old college students. The idea of someone’s mom, employer or professor having an account was laughable.
Then, high-schoolers could join. Then, early users started graduating from college, meaning potential employers could very well stumble upon that photo of you clutching a red Solo cup, bleary-eyed, in your “slutty leprechaun” Halloween costume.
Sick of all the drama on Facebook, teens have decided that Twitter is their favorite social network — for now, at least. Nearly 9,000 teens were surveyed by research firm Piper Jaffray and were asked to rack their brains and decide which social network was their favorite.
It's Zuck's World We're Just Living In It
It’s one of the grand ironies of the social media age that Mark Zuckerberg, who made billions by making it so, so easy to follow the lives of our exes–is extremely zealous in guarding his own privacy. Remember that fight with Mahbod Moghadam and the Instagram photo?
Well according to the San Jose Mercury News, he’s recently taken it to new heights. Apparently Zuck has opened his wallet and purchased the four homes around his own Palo Alto pad, shelling out $30 million total, paying at market rates.