It's Zuck's World We're Just Living In It
The Wall Street Journal says that yes, the Facebook Reader is a real thing, and the company has been working on it for over a year. It’s probably more of a recommendation engine than an RSS product, and it reportedly “resembles” Flipboard.
The justification? Keeping those eyeballs on the page longer, meaning more engagement, meaning more ad dollars:
Sex and the Alley
As predicted, LinkedIn has shelled out $90 million for the mobile news aggregation startup Pulse. [AllThingsD]
Facebook is still the biggest social network for teens but they’re getting, like, so totally bored with it. Ditto YouTube. [Business Insider]
People who believe they’re “electrosensitive” are moving to a small town in West Virginia to escape Wi-Fi and cell phone service and other such rays. [Slate]
“Because people broadcast their lives on Facebook and Twitter and Vine, there’s a notion that everything that happens is going to be shared.” Social media is helping convince people they need to film their wedding proposals. [Forward]
Bitcoin has dropped 77 percent in two days. Hope everyone’s learned their lesson. [Business Insider]
Twitter is reportedly launching its music service sometime either today or this weekend, to coincide with–sigh, of course–Coachella. [AllThingsD]
In Tablet We Trust
It’s the dog days of summer–humid and sticky and icky–so we can’t blame you if you’re looking for some sweet relief. If you’re pining for a pick-me-up that doesn’t involve an icy alcoholic beverage or a slab of street meat, perhaps Trojan can interest you in a lil’ somethin somethin.
According to the New York Times, the company is handing out free samples of its Tri-Phoria and Pulse “personal massagers.” You know what that means. ;)
Qwiki turned heads last September when it won the top prize at TechCrunch Disrupt. The service pulls information from around the web to create multimedia presentations on over 3 million people, places and things, a sort of Wikipedia composed of miniature documentaries.
Last week the service launched its iPad app, and within a few days had broken into the top ten list. “We may just end up killing the website altogether,” said Qwiki co-founder Doug Imbruce, only half joking, during a visit to Betabeat’s offices on Friday.
“The last time we were in New York, the big publishers were very wary of us,” said Akshay Kothari, co-founder of the news reading app Pulse, who visited the Betabeat offices during a whirlwind tour of the city. “The last time they were concerned about how we would monetize it. Now they want to partner with us and figure out how to do business together.”