Goooood Morning Silicon Alley!
Buoyed by strong iPhone sales, Apple reported a $7.5 billion profit on $37.5 billion of revenue in the fourth quarter. [TechCrunch]
Instagram has un-banned racy hashtags #thinspo, #underboob and #dildo. Sadly, #pen1s still appears to be blocked. [The Data Pack]
One Kings Lane is rolling out its own in-house line of bedding and towels. A shower curtain will set you back $69. [Wall Street Journal]
Google Glass owners will be available to swap out their current devices for a newer version, which now fits over prescription lenses. Also, you can invite three friends to the Explorer program. [Ars Technica]
There’s a “Social Media All Stars” event at Disneyland and Grumpy Cat will be there, so avoid the area on Nov. 5. [Laughing Squid]
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.
Sooooo…it’s that time of the year again. SXSW (a.k.a. Spring Break for Geeks) is right around the corner, running March 8 to 12 in Austin, Texas. And you know what that means: Parties, parties ‘n more parties!! :) So, once again, we’re putting together what we hope will be THE definitive guide to all this year’s SXSW Interactive parties. We’ll be updating this list regularly, so check back often. And email me if you’re organizing an event or a party.
The ecommerce company One Kings Lane has just raised a $50 million Series D, led by Institutional Ventures Partners and with participation from Kleiner Perkins, Greylock Partners, Tiger Global Management and Scripps Networks Interactive. While headquartered in San Francisco, the company has large New York office handling much of its merch and marketing.
The company certainly seems to be in a period of rapid growth. When Betabeat visited the New York outpost back in August, desks were crammed into every spare inch of space and contractors were already preparing the space next door for expansion.
Betabeat received a very meta treat in our inbox this morning: a link to this Google Offers deal sent along by a tipster who appended the Kanye-esque hashtag #salesonsalesonsales. The Google deal apparently offers a 50 percent discount to buy items on One Kings Lane, which is itself a discount site that offers sales of up to 70 percent on items like household furniture and accessories.
Trinity Real Estate, a division of Trinity Church located near the World Trade Center site, has had a pretty good run. In the past 14 months, Trinity saw occupancy rise from 84 percent to 92 percent and watched rents ratchet up 26 percent. According to Crain’s, a big part of that growth is thanks to tech companies, or at least tech-driven startups like e-commerce site One Kings Lane, which is co-founded by Mark Pincus’s wife Alison Pincus, and moved into 205 Hudson St. in May.
Trinity owns 18 former industrial buildings in the Hudson Square area and startup types, it seems, dig the “loftlike spaces, with large windows and big floor plates.” But it’s not just Trinity: