We want to make money in the long term, but we don’t have any short-term pressure.
Instagram Director of Business Operations Emily White • Discussing the company’s long-term plan for financial success—the Facebook-owned company plans to start selling ads in the next year. Some problems with this: The potential for backlash from the audience is high, and marketers are already on the network in a strong way. That said, White is a useful resource for the company—her job is essentially designed to help the company start making money.
We wanted to build a pleasant out-of-the-box experience for new users. We have since introduced a 3rd-party app directory, dramatically improved our signup experience, and have constantly tweaked aspects of the service based on feedback.
Remember, a very short time ago App.net existed as an idea proposed in a blogpost… not a functioning service. As stated at the time, the goal of the backing period was to determine whether a paid market existed for our platform. Since there are numerous examples of freemium business models which didn’t succeed, we wanted to be very careful in our approach to pricing. We have been spending the past few months learning and analyzing data in order to come up with a plan for a sustainable and beneficial free tier.
The free tier does have some limitations — the free accounts are invite-only, you’ll only be able to follow a maximum of 40 users, and you will have limited access to the recently-launched file mechanisms. (But this will allow you the opportunity to try out some of the really cool third-party apps for the service, such as Felix and Riposte).
By the way, now’s a good time to point out that ShortFormBlog recently joined App.net and you should follow us.
When we imagined Tumblr more than seven years ago, we dreamed of offering creators a new canvas. Every post would be a raw look through the author’s eyes and mind. We imagined the interface disappearing as these subjects came to life.
For years, this vision was challenged by limits in browser technology and an increasingly daunting set of Tumblr features to support. But today, we take a huge step.
After months of careful crafting, we’ve reduced creation on Tumblr to its essence, while carrying over every single feature and making room for some BIG new ones (like completely customizable drag-and-drop photoset creation, faster uploads, and inline reblogging!). We can’t wait for you to try it.
The upgrades have started rolling out and will be available for everyone by the end of the weekend. Most of the bugs and omissions you’ve reported have already been fixed, but please let us know if you run in to any other issues!
The entire internet just started screaming. People do that with change. The real story will happen a month from now, where we’ll see whether or not people are still screaming about this redesign.
The essential value of these information technologies – their ability to seamlessly interface with each other as only bits, rather than atoms, can – is being purposely eroded.
MIT Technology Review contributor John Pavlus • Discussing the current trend of social media networks breaking their apps’ ability to share to gain competitive advantages, particularly in the case of Twitter and Instagram. Pavlus, understandably, mocks them: “The vision is almost comically retrograde: Twitter, Google, Apple, and Facebook each seem to think that they can provide every conceivable digital functionality to the user all on their own at each other’s expense, much like GM’s ‘kitchen of tomorrow’ at the 1964 World’s Fair promised to meet every need of a 20th-century housewife with one brand.”
New Myspace is about as profitable as old Myspace…
$25Min funding will be lost by the new Myspace at the end of 2012, following a year of disappointing revenues. The company has lost more than $40 million this year after only raising $14 million in revenue following yet another rebranding.
$50Min new funding will be sought by the current owners, according to leaked documents obtained by Business Insider. The site’s new owners now hope to relaunch the seemingly perma-failed social network as a direct competitor to Spotify or Pandora. We’re sure this will be the plan that ultimately makes Myspace profitable again. source
New to the deadpool: DailyBooth, a photo-sharing service that basically tried to be what Instagram became, is shutting down. After November 14, no more photo uploads will be allowed. After December 31, the content will be gone for good. Sad. :( (ht @ohmykevin)
To answer your question: No, Pheed isn’t the new Twitter. (In fact, it’s already been banned by Twitter for spamming.) Instead, it reminds you of what MySpace was back in 2007 … with few (or, as cofounder O.D. Kobo claims, all) of the innovations that have come since. This is a network where you can pay $2.99 to hear what Chris Brown is talking about at any time. (The per-feed charges are the big selling point.) It’s a place where you’re encouraged to read the deep thoughts of the DJ from Limp Bizkit. Where the biggest star currently on the site is Miley Cyrus. This is a place so “hip” in the Total Request Live sense that it has a maximum character count of 420, and you get the impression that the designers chose that specific number because they thought it was funny. In an age where clean social network design is becoming increasingly important and sites — like, well, MySpace — are upping their game, and individual social media users are becoming more creative by the week, Pheed feels like a dark, hollow place devoid of that creativity. So hollow that not one, but two technology sites have already called Pheed a cheap money grab. We’re not strictly a technology site, but make us number three.
A little over a week in, the hyped for-pay social network App.Net is proving to be an interesting (if in some quarters controversial, and in other quarters mocked) experiment in building a new Twitter-style community from nothing. Wondering how it’s going? Check out App.Net Stats, which literally shows the ebb and flow of a community, its most powerful and influential users and what’s rising to the top of the community — warts and all. (Many users have compared the global view to Twitter, circa 2007, for what it’s worth.) Also worth noting is the quick growth of apps on the network — including one well-known social app, Buffer, supporting the platform before its funding goal was reached.
Hey all! Welcome to ShortFormBlog, a news site that's known for short blurbs, quick wit, and crazy styles. In case you'd never heard of us, we're pretty well-known around Tumblr-ville. We've even been mentioned in both Time and Newsweek. Pretty cool, huh? Anyway, follow us for more: