Horrible

Dennis Crowley Is Live-Tweeting the Aftermath of the Boston Marathon Explosions

(Photo: Dan Lampariello, via Twitter)

Earlier this afternoon, two huge explosions ripped through downtown Boston near the finish line of the Boston Marathon, injuring spectators and athletes alike. It’s still very unclear what’s going on, but there’s a familiar face reporting in from the scene. Foursquare CEO Dennis Crowley was running the marathon today–you might have seen his automatic check-ins from every milepost, interspersed with the occasional mid-stride misspelled tweet.

But the auto-updates suddenly stopped. After reassuring everyone he was fine, Mr. Crowley began tweeting dispatches from the middle of the race: Read More

Fresh Capital

Foursquare Dodges a Potential Down Round, Grabs $41M In Loans and Convertible Debt

Foursquare's Dennis Crowley. (Photo: Sound Ctrl)

Everyone, it seems, has an opinion about Foursquare, the New York-based check-in and recommendations app that was the breakout darling of SXSW 2009.

Former Square COO Keith Rabois recently engaged in a very public dustup with Foursquare founder Dennis Crowley on Twitter, tweeting that only a “Hail Mary Bebo-style acquisition will bail you out.” In January, data and research company PrivCo predicted that the startup will fail by the end of the year, eventually surrendering to an acquisition price of no more than $50 million (though the analysis didn’t account for mobile traffic). In November of last year, the Wall Street Journal reported that investors were “cooling” on Foursquare. “The company claims more than 25 million registered users, but only about 8 million of them use the app at least once a month,” it wrote. Read More

Linkages

Booting Up: Google Reader Users Migrate to Feedly

(Photo: Deviantart)

Turns out having a book on the top of Amazon’s bestseller list does not make you an automatic millionaire. [Salon]

After the announcement that Google Reader would shut down in July, more than 500,000 users have already migrated to Feedly. [The Verge]

Foursquare is reportedly close to closing a Series D round that would value it at less than the valuation from its Series C. [TechCrunch]

According to his lawyer, Matthew Keys’ legal defense is going to be that he was doing work as an undercover investigative journalist. Oh, we can flout the law under the guise of “journalism!”? Brb, going to loot the Apple store. [The Next Web]

An NYU student has invented a gel that can help stop bleeding in wounds. But can it mend college’s primary injury: broken hearts? [New York Post]

shameless rumormongering

Rumor Roundup: International Defoundered Man of Mystery, Plus Alexis Ohanian Wrote a Book

Screen shot 2013-03-08 at 5.10.09 PM

Front Page Printed Pages of the Internet Just before taking stage at SXSW to talk his crowdfunded Internet 2012 tour, Alexis Ohanian emailed out a link to his new book, Without Their Permission: How the 21st Century Will Be Made, Not Managed.

Since you asked, Mr. Ohanian, we dig the cover, but “without their permission,” sounds a little iffy in the context of Reddit’s Creepshot scandal, no? Read More

Linkages

Booting Up: Foursquare Is Expanding Check-In Deals to Visa and MasterCard

Everyone's favorite Dens picture.

Facebook agreed to remove pages created in tribute to victims of the tragic shootings at Sandy Hook Elementary School, at the request of Connecticut lawmakers. Some of the pages purported to honor the victims were being used to harass victims’ families, the lawmakers said. [CBS News]

Foursquare is adding Visa, Mastercard and debit cards to its check-in deals program as it attempts to expand an existing revenue model. The company has let users pay for the deals—which users can access after checking in at participating locations—with American Express since 2011. [AllThingsD]

The U.S. government wasted millions of dollars in its attempts to expand broadband wireless service, according to a Republican congressman. [Bloomberg]

Thomas Pynchon’s next novel is said to be set in Silicon Alley, in the period between the dot-com boom and the terrorist attacks of September 11; here are some rejected plot lines. [PandoDaily]

The Visual Effects crowd is pissed off, and rightfully, it seems, about the lack of airtime it was afforded during the Academy Awards on Sunday. Television broadcasts largely ignored demonstrators protesting the state of the VFX industry, in which many jobs have been shipped overseas; meanwhile, the Oscar winner for VFX had his speech cut short, and Ang Lee, who won Best Director for his CGI-heavy Life of Pi, forgot to thank his VFX man. [The Big Social Picture]

Uber is signing up drivers in San Francisco; no taxi license needed, but there will be a test. [Engadget]

startup rundown

Startup News: You Can Still Erase Your Ex In Time for Valentine’s Day

alexis

Bad education? CampInteractive and Reddit cofounder Alexis Ohanian are hosting an ed tech hackathon at General Assembly this weekend, inviting developers, students and ed tech influencers to tackle improve the classroom experience. Since gold stars are being offered for hacks that help engage students with “unusually compelling learning experiences,” we’d like to suggest a Read More

Privacy Police

Creepy ‘Google for Spies’ Mines Your Social Networks to Predict What You’ll Do Next

(Photo: Tickle the Wire)

It was only a matter of time before some frighteningly powerful security firm decided to write a program that collects and analyzes all of the tiny wisps of ourselves we leave across the web every day. From tweets to Facebook likes to where you got your last cup of coffee on Foursquare, a new piece of software developed by one of the world’s biggest defense contractors knows exactly what you’ll do next, perhaps even before you do. Read More

startup rundown

Startup News: Quora Gets Bloggy and Foursquare Gets Down to Business

Screen shot 2013-01-30 at 11.27.52 AM

Do We Really Need More Blogs? For the last three years, Quora has been the site for headsdown homebodies to ask their fellow coding brethren about what it’s like to go outside. But the company has recently announced two new developments that show a shift of attention to writers. The question site now has plans to include blogs. Quora has also announced the release of a rich text editor for their mobile app which should help Quora users ask bolded crazy questions while they’re on the go. Read More