Archive for David Karp

Report: Yahoo Will Announce Acquisition of Tumblr Tomorrow

yahoo, email, internet, marissa mayer,Yahoo’s board met today and agreed to acquire Tumblr for $1.1 billion in cash, according to AllThingsD.

The company was quickly targeted by incoming CEO Marissa Mayer as a larger acquisition target, according to AllThingsD reports. The Sunnyvale, California-based media company sees Tumblr as a way to play to its strengths while also appealing to the younger audiences Tumblr attracts.

Tumblr founder David Karp will reportedly stay on at Yahoo with say-so over the fast-growing blogging platform.

Neither Yahoo nor Tumblr would confirm the deal, but a Yahoo press event is set for tomorrow afternoon in New York City, where Tumblr has its offices.

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Report: Yahoo Board to Meet Sunday to Mull $1.1 Billion Tumblr Purchase

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Yahoo looks to be very seriously eyeing a Tumblr acquisition, according to a report from AllThingsD

The tech blog is reporting that the Yahoo board plans to meet Sunday to mull a $1.1 billion all-cash bid for TumblrATD cautions that the deal could fall apart, but was on track as of Friday evening. If the board votes in favor of the deal, it could be announced Monday, a day in which Yahoo has already scheduled a major press conference.

Reps from Yahoo and Tumblr could not be reached for comment on the report.

The report goes on to say that Yahoo CEO Marissa Mayer has been intensely interested in Tumblr for the past six weeks and feels that the microblogging platform's young-skewing audience and mobile savvy are just what Yahoo needs to reinvent itself. Sources tell ATD that Tumblr CEO would continue to operate it as an autonomous, separate entity. Karp would be locked into a four-year deal that would reward him based on the business's performance. Read more...

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Social Media Newsfeed: Boston Explosions Confusion | Twitter Keyword Ads

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Wolf BlitzerAn Arrest in Boston Blasts? Depends Which Network You’re Watching (TVNewser)
Around 1:30 Wednesday afternoon, CNN’s John King went on the air reporting from one of his sources that a suspect in the Boston blasts has been identified. Fox News’s Catherine Herridge reported the news moments later: “Fox confirming that the feds have an image which would suggest that a suspect at that second bombing site.” Mashable However, NBC’s Pete Williams said his sources were vehemently denying an arrest had been made. CBS, too, reported there was no arrest. The Boston Police Department even took to Twitter to dispel the arrest story. The Daily Dot It’s another flub for CNN after the network wrongly reported last June that the Supreme Court had struck down President Barack Obama’s healthcare law. As is often the case when a corporate entity screws up in a very visible fashion, Twitter’s comedians slapped down CNN with caustic wit. BetaBeat Sophos’s Naked Security blog reports that scammers are already taking advantage of Monday’s bombing at the Boston Marathon, because they have zero sense of decency. Scammers are sending out emails with subject lines like, ”2 Explosions at Boston Marathon,” “Aftermath to explosion at Boston Marathon,” and “Boston Explosion Caught on Video.” CBS News As the search continued Wednesday for clues as to the person or persons behind the Boston Marathon bombings, hypothetical suspects and crime scenarios began popping up via online crowdsourcing. Members of the link-sharing community Reddit.com launched a sub-section called “findbostonbombers” to collect clues.

Twitter Releases New Ads Feature: Real-Time Keyword Targeting (AllTwitter)
If you advertise on Twitter, you know that there are many targeting options to consider. And Wednesday, Twitter has added to that list, with keyword targeting that happens in real time. The Huffington Post Twitter said in a blog post Wednesday that users won’t see any difference in their use of Twitter, and the change doesn’t mean ads will show up more frequently. Rather, Twitter says this keyword targeting will bring its users ads that are more relevant to them. The Wall Street Journal Opening up advertising to the content of Twitter messages moves the company into the same type of keyword targeting that has taken Google into a $50 billion annual business. But the keyword targeting also is a risk for San Francisco-based Twitter.

Did Syfy’s ‘Defiance’ Premiere Live Up to its Epic Social Media Campaign? (SocialTimes)
Syfy and Trion Worlds spent five years making “Defiance,” the groundbreaking series that’s part post-apocalyptic drama, part third-person shooter video game. Dana Ortiz, vice president of brand marketing for Syfy at NBCUniversal, explains how the team set “New Earthly Rules” for introducing sci-fi fans to a futuristic story, by starting the conversation in the past.

 

Google Announces Provo, Utah, as the Third Google Fiber City and Acquires the Local Fiber Provider (TechCrunch)
If you live in Provo, Utah: Congratulations, you just joined the fairly exclusive club of geeks who don’t have to whine about Google Fiber not coming to your city. Google, along with mayor John Curtis, have just announced that Provo will be the third city to hop on Google’s crazy-fast fiber-optic network.

Google Will Now Mute Your Microphone if You’re Typing During a Google+ Hangout (The Next Web)
Here’s a small but nifty Google+ update worth mentioning: automatic muting when you’re typing during a Hangout. Google has started rolling out the feature on Wednesday to its hundreds of millions of users.

A Social Recap of BET’s 2013 Upfront (LostRemote)
BET unveiled its new and returning programming Wednesday at its annual upfront in New York City. 106 & Park, Real Husbands of Hollywood and the BET Awards are of course among the returning shows, and here’s a social recap from the event.

 

People Spend More Time on Tumblr Than on Twitter or Facebook, CEO Brags (CNET)
Tumblr CEO David Karp Wednesday boasted that members of his blogging platform spend, on average, 14 minutes per visit. The per-user Tumblr stat, he said, is greater than the time people spend on competing networks.

Facebook Launches Cost Per Action for Advertisers (AllFacebook)
Facebook announced Wednesday that advertisers who want to grow their fan bases can now pay based on a cost-per-action basis. For instance, if brands want to gain more likes and are willing to pay $2 per new fan, they can simply bid $2 CPA and pay no more than that when users like the page through ads.

Wall Street Journal Consolidates its Blogging with MoneyBeat (Nieman Journalism Lab)
The Wall Street Journal debuted its new blog MoneyBeat, this week on WSJ.com. But MoneyBeat is more of a rebuild than an entirely new product, as it brings together a number of other Journal properties, including two of the paper’s oldest blog, Deal Journal and Market Beat.

 

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Inside Tumblr’s Efforts to Make the Site More Reliable

blogging, social networks, social media, tumblrLast week, Tumblr hit a major milestone: The platform now hosts more than 100 million blogs and sees more than 150 million unique visitors a month.

Yet, Tumblr is still something of an enigma. The company hasn’t clearly defined how it will make money or fully solved its technical challenges.

It has grown impressively over the last year as it has drawn younger users away from Facebook. It’s currently knocking at the door of Quantcast’s top 20 Web properties.

But, in his presentation at South by Southwest, founder and CEO David Karp sounded more like the editor of a literary magazine than the founder of a major tech startup. He lauded the site’s users but didn’t lay out any concrete plans for the growing platform.

The company has barely gotten its feet wet with promoted content offerings launched in May 2012.

Before it can monetize its millions of users, the company will have to provide a reliable platform, free of the period outages that have plagued it.

“We’ve had a few hiccups lately, but overall we’re pretty happy with where were at,” said the company’s vice-president of product, Derek Gottfrid, in an interview this week.

In 2011, the company averaged 3.8 hours of downtime a month, according to Pingdom. In 2012, Tumblr.com averaged 15.6, but the individual test blog Pingdom watches averaged just 2.4.

Gottfrid said the company went out of its way to make sure the individual blogs it hosts would experience minimal downtime.

“This is really people’s blog presence. We’re putting a lot of effort to make sure that part stays up,” he said.

Big domain hosts like tech companies can host different parts of their content on different servers and also usually have redundancy in their saved data.

Many companies, notably Twitter, struggle to support all of their traffic and data as they grow. But pure capacity has not been to blame for Tumblr’s reliability woes.

“It’s more about an ability to manage complexity — the number of machines, the network configuration, the amount of data we’re moving around,” he said.

“In the abstract it’s pretty simple, but in the detailed level, it’s nontrivial,” he said.

As more users in more countries connect using more devices and customize their blogs, Tumblr will have more, not less, complexity to face.

But, Gottfrid said, the company has set up appropriate processes to handle the complexity.

Meanwhile, Tumblr is conducting initial studies to measure the benefits to brands of promoting content on the site. It hopes those results will lure more advertisers. But to be able to show concrete benefits to advertisers, the platform will have to prove it can serve up content even in the face of network glitches.

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Tumblr Founder David Karp Slams Facebook’s ‘Vanilla’ Design

tumblr, blogging, social networks, social media, fasion, photo sharingTumblr founder and CEO David Karp described Tumblr as a return to the early Web, in which every user could express his or her own style, crticizing the uniformity of current social networks in a talk Sunday at South by Southwest.

“The Web started as a place that was wide, wide open. You were given a blank page and some crude tools that made it possible to create anything,” Karp said, aligning Tumblr with those early models.

“MySpace was one of the last places where you could sign up for a free account, and, following a few tutorials, rip the thing apart and create whatever you want.”

With, Facebook, Karp said, “we were all a vanilla profile page in a big white directory.”

Tumblr stemmed, in part, from an effort “to get back to the roots of the web.”

As Tumblr grows, nearing 100 million blogs and 8 million posts a day, the social-savvy blogging platform has begun to look like a competitor for Facebook. But Karp rejected that view, saying that Tumblr was designed to connect people on the basis of shared interests rather than social ties, he said.

Photos account for half of all Tumblr posts and fashion is the largest vertical on the platform, Karp said.

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Social Media Newsfeed: Election Day | Instagram Profiles | Foursquare ‘Magic’

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Facebook Helps Voters Get to the Polls On Election Day Today (Mashable)
Facebook is hoping their site can guide people in the United States to the polls this Election Day. The social network has built a polling place locator tool, so today, users can easily figure out where to head to cast a ballot. The New York Times/Bits Blog The Facebook apps of the Obama and Romney campaigns inhale a lot of information about you and your friends. Like many apps on Facebook, they gather your Facebook ‘likes’ and locations, along with your Facebook friends’ ‘likes’ and locations. CNN.com Although 2012 was championed as the year of “The Twitter Election,” the Twitterverse turned out to be a cold, cruel place. Mistakes became memes, blunders gave birth to parody accounts with huge followings, and at least in Paul Ryan’s case, good looks became a talking point. VentureBeat Today, Americans will vote for a president, new or continuing. Social media users, however, have already decided who has won — at least in their tweets, shares, and likes. ReadWrite The Pew Research Center reports 25 percent of social media participants who read about political issues online become more active, and 16 percent change their view after reading about it online. According to analysis of more than 1.7 million social media posts by the marketing company Vocus, the top campaign issues discussed online are taxes, education, budget, health care, economy and abortion. continued…

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Social Media Newsfeed: iPad Mini Rumors | Zuckerberg Travels | YouTube TV Mode

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The iPad Mini Will Be Less of Everything (Mashable)
Most pundits believe Apple’s 7-inch tablet, the iPad Mini, will see light of day on Oct. 17. Now with the date fast approaching, they’ve switched gears to guessing when the event invites will go out. NBCNews.com According to Fortune‘s Philip Elmer-DeWitt, a major Apple investor claims to have heard from multiple sources that members of the press will receive invitations to an Apple event on Oct. 10. History suggests that this would mean that the actual event would have to take place on Oct. 17 and that whatever’s announced would likely hit shelves on the Friday of the following week, which would be Oct. 26. CNET The iPad Mini is already in production according to a new report. Citing an anonymous source, Japanese Apple blog Macotakara Monday said that production of the product is under way in a “Brazilian factory.” WebProNews Even if this rumor turns out to be based on nothing in reality, it’s likely to be close to the truth. There isn’t much time left before the holiday shopping season begins, and an announcement in the next five to six weeks is all but certain. Fortune Apple has not commented on the rumor, which is not surprising given that the company has never uttered a word in public — one way or the other — about its future tablet product plans. continued…

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Facebook CTO Leaving | Tumblr to Release iOS App | Social Media and Athletes

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Chief Technology Officer Bret Taylor Leaving Facebook (AllFacebook)
Facebook Chief Technology Officer Bret Taylor announced that he will leave the social network later this summer to start a company with Kevin Gibbs, founder and tech lead of the Google App Engine and creator of Google Suggest. Taylor joined Facebook in 2009 as director of platform products, and he was promoted to CTO in June 2010. PC Magazine The Stanford-educated Taylor previously worked as CEO of FriendFeed. He also served as an entrepreneur-in-residence at Benchmark Capital, and as a group product manager with Google, according to his LinkedIn profile. AllThingsD The move is likely to be of concern to some over the newly public company’s ability to hold onto entrepreneurial talent, especially in the wake of continued intense media and investor scrutiny over its rocky IPO last month. That’s especially true since Taylor has been in charge of both platform and mobile efforts at Facebook, a critical arena for it. The Wall Street Journal “I’ve really enjoyed working with Bret and getting to know him as a friend and teammate. I’m grateful for all he has done for Facebook and I’m proud of what he and his teams have built. I’m also proud that we have a culture where great entrepreneurs like Bret join us and have such a big impact,” Facebook co-founder and CEO Mark Zuckerberg said in a statement. A pair of Facebook executives under Taylor — Mike Vernal and Cory Ondrejka — will be taking over platform and mobile duties, respectively. TechCrunch Taylor’s is one of the first in a wave of Facebook departures TechCrunch is hearing, as a slew of older employees have hit their four-year stock cliffs, and the 90-day IPO lockout fast approaches. According to a source, many Facebook employees including one other executive are already planning what to do next. continued…

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Tumblr CEO David Karp: ‘The State of Digital Advertising Is Uninspiring’ [Video]

“I’ve definitely been hard on digital advertising,” admitted David Karp. In a fireside chat at the TechCruch Disrupt in New York City on Monday, the founder and CEO of the micro-blogging site Tumblr lamented that “the state of digital advertising is uninspiring.” His solution? “Telling stories that resonate with people to create customers,” he said.

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Tumblr CEO David Karp: ‘The State of Digital Advertising Is Uninspiring’ [Video]

“I’ve definitely been hard on digital advertising,” admitted David Karp. In a fireside chat at the TechCruch Disrupt in New York City on Monday, the founder and CEO of the micro-blogging site Tumblr lamented that “the state of digital advertising is uninspiring.” His solution? “Telling stories that resonate with people to create customers,” he said.

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