New York City startup BankSimple today disclosed that it raised its first venture funding in a round led by First Round Capital, Roger Ehrenberg’s IA Ventures, and Village Ventures, along with seed investors SV Angel (Ron Conway) and Nauiokas Park (Amy Nauiokas and Sean Parker), and . But it did not disclose how much it raised. I’ve confirmed that the round was $2.9 million, with an additional $190,000 raised last year in convertible debt (which converted to shares with this round), for a total of $3.1 million raised.

BankSimple has not yet launched. It is trying to develop a better interface for banking, working with financial institutions to actually hold the deposits. “Anything the customer sees is what we do,” says CEO Joshua Reich. BankSimple is creating a new front-end experience for bank customers both online and through mobile apps. The service will simplify their accounts into a single account and gives them a dashboard to see how much they are saving, how much they can spend, and how close they are to reaching financial goals.

The whole point is to simplify people’s financial lives by giving them a modern Web interface and realtime data linked to their accounts. So when you are about to reach an overdraft, you might get a notification on your phone. The first customers will be required to own a smartphone so they can download one of BankSimple’s mobile apps (iPhone and Android will probably be first). They will be able to deposit a check by taking a picture of one with their cell phone camera. Customers will also get a bank card tied to their account.

“The way banks work is they shove products down the throats of consumers,” says Reich. The more products you sign up for with your bank, the more fees they can charge. BankSimple will not make money from fees. Instead it will split the net interest margin with its partner banks (the net margin interest is the difference between the rate at which banks lend out money and the rate at which they pay depositors). It is looking to partner with wholesale banks to take care of the back end.

This strategy of focusing solely on the user experience contrasts with Betterment, a TechCrunch Disrupt finalist which also tries to simplify the online banking experience with a single, smarter account, but does hold deposits. Reich acknowledges that “we would certainly get more revenues if we did it ourselves,” but does not want to be distracted by regulatory compliance and managing large pools of money. Plenty of banks do that better than BankSimple could. Instead he wants to focus on what banks don’t do well: building a technology company and making the customer experience less harrowing.

People are increasingly sharing different types of information on Twitter. For example, Tweets point to web pages, photos, videos, hashtags, people, check-ins, and more. Exploring Tweets is a great way to discover new and interesting information. And with devices of all shapes and sizes connecting to the Internet, we’re constantly looking for new ways to make this easier. To date, we’ve created applications for a variety of mobile phones, giving you instant access to Tweets and great content when you’re on the go.

Today we are bringing Tweets to a device that really lets content shine - the iPad. Twitter for iPad takes advantage of the iPad’s fluid touch interface, letting you move lots of information around smoothly and quickly – without needing to open and close windows or click buttons. There are a few things we want to point out that make this app a really fast and fun way to read real-time content.

Panes: Tapping on a Tweet opens a pane to the right. Depending on the content in that Tweet, you’ll see a video or photo, or maybe a news story, or perhaps another Tweet. You can continue tapping on Tweets, opening new panes, and getting new content as long as you’d like to. And, it’s really easy to move between panes by swiping to the right or left.


Media: When you tap a video link or open a web page with an embedded video, you can play that video inline. And, let’s be honest, video is great but sometimes it can take some time to load. The panes in Twitter for iPad let you look through your timeline while a video is loading, and then you can just swipe back to the video when it’s ready to play. You can also pinch on a video to watch it fullscreen.

Gestures: You can pinch on a Tweet to quickly view details about the author and to take actions on a Tweet, such as reply or retweet. Put two fingers together and pull down on a Tweet to peek at the replies, showing the entire conversation leading to that Tweet.

Facebook is in what’s called a recruiting sweet spot right now. Out of control growth in users and revenue and a nearly certain IPO run in the near future. That’s when employee growth expands at the greatest rate for a company as it grows from hundreds to thousands and then tens of thousands of employees. And with low priced private stock as currency, companies in that position can generally get anyone they want.

Yahoo of course does more than its fair share of feeding the beast, but they’re everyone’s favorite recruiting pool right now. But plenty of Googler’s are heading to Facebook, too – LinkedIn is tracking 118 of them to date. For some Googlers, it’s paying off just to go get an offer from Facebook and then tell their employer – a counter offer is almost sure to come, and it may be stratospheric.

One recent Googler, we’ve confirmed, was recently offered a counter offer he couldn’t refuse (except he did). He was offered a 15% raise on his $150,000 mid level developer salary, quadruple the stock benefits and…wait for it…a $500,000 cash bonus to stay for a year. He took the Facebook offer anyway.

Sources close to Google tell us that about 80% of people stay when they’re offered a counter to a Facebook offer. But some still leave. Part of that may be that Facebook is quietly telling people, never in writing, that there’s no reason their stock won’t hit $100 billion in total valuation over the next couple of years. No guarantees, yadda yadda, but hey if you get 1/10 of 1%, that’s $100 million in stock. Now it’s a party.

Google isn’t making these kind of counter offers to everyone, but it’s not a one off, either. It seems to me that every Google engineer at least should be taking a personal day to go collect a Facebook offer. Even if it’s just to get a counter offer from their current employer.

Art: Audrey Fukuman

Apple announced on Wednesday a cornucopia of new hardware and software: sleek iPods, a brand new Internet-enabled video streaming device and new versions of its iOS software and iTunes 10. However, the most impressive to me by far was Ping, the music-only social network that Apple is opening up its 160 million existing iTunes users.

No, I’m not blown away by the 160 million number. What I’m impressed by is the thinking behind Ping.

Ping may function like a cross between Facebook and Twitter for iTunes by allowing you to follow celebrities, create social cliques and get artist updates via an activity stream. I think it could have tremendous impact on social sharing and commerce.

From a content perspective, there are three different types of media we love to talk about: movies we see, music we listen to and books we are reading. These are accepted social norms. In fact, many relationships are made on the basis of collective love of a movie and many friendships have started with mixed tapes.

It makes perfect sense for a music service to be social. I’m not alone: The popularity YouTube, the fast-growing MOG and the sadly defunct iLike and Imeem show that people gravitate towards music as a common, collective experience. A recommendation from friends on Last.fm often resulted in me buying many-a-few music tracks. My friends who listened to Thievery Corporation turned me on to The Broadway Project and Chris Joss, which I ended up buying on the iTunes store or via Amazon’s MP3 store.

This click-and-go-somewhere-to-download model of affiliate links can never match a unified experience. Amazon, for example, encourages bloggers and others to link to things they like and then get a piece of the action. This separates social from commerce and treats them as two discrete activities. On the post-Facebook Internet, I don’t think anyone can afford to keep these two actions distinct.

Ping, from what little I saw during Steve Jobs’ demo, allows a similar level of social interaction. It can tell me who my friends think are cool and the top 10 favorites of people in my social graph. Some of my friends are famous deejays. Others just have eclectic musical tastes. They can collectively sift through over 10 million songs and help with the discovery of music. This social-powered discovery is part of the biggest theme of our times: serendipity. About two years ago, when I wrote about serendipity, I said:

The problem is that there’s too much data coming online too quickly, and the traditional method of search that involves first finding and then consuming the information is not going to work for much longer. There just won’t be enough time for us to do that and still have a life. It’s a problem, and therefore solving it is an opportunity — a very big opportunity.

My belief has only been affirmed by growth in the amount of data available. With 12 million songs and 250,000 apps, the best way for Apple to enhance the iTunes store – aka its shopping experience — is through the use of social. Back in 2007, I argued that social networking was merely a feature that had to be embedded into applications to enhance their value. Apple has done a great job of that, but it’s also gone one step further, not only by adding a social networking layer to iTunes, but by meshing it with its commerce engine, the iTunes Store. And it’s made this experience available on both the desktop and its devices.

Apple received much of this social capability with the acquisition of Lala, an online music service, which as a standalone company used sharing of social objects to drive folks towards paid music downloads. Now Apple is only closing the loop by further sharing what users bought. I wouldn’t be least bit surprised if sales of music on the iTunes store rocket upwards, thanks to social discovery.

Amazon, which recently started experimenting with Facebook Connect, has similar ideas, but its implementation leaves a lot to be desired. On Amazon, I’m reduced to reading reviews from absolute strangers for music. I have a handful of friends who have impeccable taste in non-fiction business books, are all members of Amazon, and they already use email to share new book suggestions with me.

What if they too could share their likes and dislikes via a social layer inside Amazon.com? Or what if I could follow my favorite authors and get updates on their books? Much like Apple, Amazon owns book-based social service, Shelfari, and should find ways to embed the social layer inside of all Amazon products and connect its tens of millions of users.

Like Apple, Amazon too has a lot more data about its customers and their behaviors and could create a compelling discovery experience. I believe with tens of thousands of products in its store, the retail giant needs to figure out ways to surface content and other offerings smartly.

Related content from GigaOM Pro (sub req’d): Why Google Should Fear the Social Web

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New York Times publishes allegations that PM's media adviser 'actively encouraged' unlawful practice while editor

The prime minister's media adviser, Andy Coulson, freely discussed the use of unlawful news-gathering techniques while editor of the News of the World and "actively encouraged" a named reporter to engage in the illegal interception of voicemail messages, according to allegations published by the New York Times.

Coulson, who resigned as editor of the News of the World in January 2007 after its royal correspondent was jailed for intercepting voicemail messages, has always insisted that he had no knowledge of illegal activity when he edited the paper or at any time as a journalist. He told a Commons select committee last year: "I have never had any involvement in it at all."

The New York Times website published a trail to a story due to appear in its Sunday magazine. It made detailed allegations likely to bring intense new pressure on Coulson and the Metropolitan police force, which stands accused of favouring Rupert Murdoch's newspaper group by cutting short its investigation, withholding crucial evidence from prosecutors and failing to inform victims of the newspaper's crimes against them. Coulson declined to comment on the allegations. The News of the World and Scotland Yard have denied all the charges.

Coulson resigned after the imprisonment of his royal reporter, Clive Goodman, and a private investigator, Glenn Mulcaire, for "hacking" into the voicemail messages of eight public figures. When the Guardian revealed last year that the scandal involved other journalists at the paper and numerous other victims, Coulson said he had nothing to add to earlier denials of involvement, and the Conservative leader stood by him. David Cameron said: "I believe in giving people a second chance."

The New York Times, which has had an investigative team at work on the story since March, is citing two former News of the World journalists who specifically claim that Coulson was directly aware of his reporters' use of illegal techniques.

An unnamed former editor is quoted as claiming that Coulson talked freely about illegal news-gathering techniques, including phone-hacking, and that he personally had been at "dozens, if not hundreds" of meetings with Coulson where the subject came up. "The editor added that when Coulson would ask where a story came from, editors would reply 'We've pulled the phone records' or 'I've listened to the phone messages'."

In addition, Sean Hoare, a former reporter who used to be a close friend of Coulson, is quoted as saying that when he worked with Coulson at the Sun, he personally played recordings of hacked voicemail messages for him and that later, when he worked for Coulson at the News of the World, he "continued to inform Coulson of his pursuits. Coulson 'actively encouraged me to do it', Hoare said".

Hoare, who was sacked from the paper at a time when he had drink and drug problems, says he personally listened to the voicemail messages of celebrities such as David and Victoria Beckham and that he has spoken out now because he believes it was unfair for Goodman to get all the blame.

Coulson told the Commons media committee last year that he had never even heard Mulcaire's name and that Goodman had been the only reporter involved: "I am absolutely sure that Clive's case was a very unfortunate rogue case."

The New York Times claims to have spoken to a dozen former News of the World reporters and editors who say that phone-hacking was "pervasive" in Coulson's newsroom. "Everyone knew," according to an unnamed senior reporter. "The office cat knew." Most former reporters are unnamed, but Sharon Marshall is named as having witnessed hacking when working under Coulson from 2002-04. "It was an industry-wide thing," she said.

The paper says that Coulson ran a highly competitive newsroom "with single-minded imperiousness". Former News of the World journalists claim that there was a "do whatever it takes" mentality and that reporters were told to "get the story, no matter what". "They described a frantic, sometimes degrading atmosphere in which some reporters openly pursued hacking or other improper tactics to satisfy demanding editors," according to the New York Times.

The paper gives a specific example of the involvement of an editorial executive: "Matt Driscoll, a former sports reporter, recalled chasing a story about the soccer star Rio Ferdinand. Ferdinand claimed he had inadvertently turned off his phone and missed a message alerting him to a drug test. Driscoll had hit a dead end, he said, when an editor showed up at his desk with the player's private phone records." Driscoll was later dismissed and awarded £800,000 by a tribunal, which found that he had been bullied by Coulson.

Bill Akass, managing editor of the News of the World, dismissed the New York Times claims as "unsubstantiated". He said: "We reject absolutely any suggestion or assertion that the activities of Clive Goodman and Glenn Mulcaire, at the time of their arrest, were part of a culture of wrongdoing at the News of the World and were specifically sanctioned or accepted at a senior level in the newspaper."

The New York Times goes on to quote unnamed sources from the Met suggesting that its inquiry into the phone hacking was hampered by a desire to avoid upsetting Britain's biggest selling newspaper: "Several investigators said in interviews that Scotland Yard was reluctant to conduct a wider inquiry in part because of its close relationship with the News of the World."

After a raid on Goodman's desk in August 2006, according to the New York Times, "several detectives said they began feeling internal pressure. One senior investigator said he was approached by someone from the department's press office, who was waving his arms in the air, saying 'wait a minute, let's talk about this'."

The investigator, who has since left Scotland Yard, added that the press officer stressed the department's "long-term relationship with News International". The investigator recalled furiously responding: "There's illegality here, and we'll pursue it like we do any other case." Scotland Yard says that operational decisions are made by police, not by press officers.

Former journalists told the New York Times that when Scotland Yard raided Goodman's desk, two senior journalists "stuffed reams of documents into trash bags and hauled them away". Police did not interview any other reporter or editor apart from Goodman. The material seized from Goodman and Mulcaire included paperwork which potentially implicated three named journalists. None was interviewed and, as the Guardian disclosed last year, the police failed to pass key paperwork to the Crown Prosecution Service.

The New York Times quotes an unnamed former senior prosecutor who was "stunned to discover later that the police had not shared everything. 'I would have said we need to see how far this goes' and 'whether we have a serious problem of criminality on this news desk', said the former prosecutor."

When the case came to court, police identified eight victims of the hacking. However, the New York Times claims that the officer responsible for the inquiry, the then assistant commissioner Andy Hayman, had been shown a "target list" of names and numbers taken from Mulcaire's home which ran to eight or 10 pages and which "read like a British society directory".

The Met told prosecutors that it would approach all known victims, but failed to do so. One who was approached, the then Respect MP George Galloway, told the New York Times that police warned him that his voicemail had been intercepted but refused to tell him who was responsible.

Scotland Yard denies cutting short its inquiry or being influenced by its relationship with the News of the World. The Press Complaints Commission was criticised after two inquiries into the affair failed to find evidence of wrongdoing other than that originally presented by police.

After revelations in the Guardian, the Commons media select committee held a second inquiry into the affair last year. Its report expressed concern "at the readiness of all of those involved – News International, the police and the PCC – to leave Mr Goodman as the sole scapegoat without carrying out a full investigation".

Virgin Mobile’s MiFi is nearly like the ones offered by Sprint and Verizon but with three exceptions: an unlimited data plan, no contract and a $40-a-month service fee.

BuzzFeed, which tracks online topics that have gone viral, is offering a version of the analytical dashboard it uses to monitor the spread of Internet “memes” to any website, brand or publisher that wants to track the popularity of their content. To demonstrate the dashboard’s features, BuzzFeed — which is run by viral marketer and Huffington Post co-founder Jonah Peretti — has opened up its own internal version of the tool to show all its traffic statistics, including the performance of individual stories on the BuzzFeed site and where the traffic came from.

The dashboard tracks what the site calls “seed views” — representing readers who looked at the content on BuzzFeed’s site or on one of its partners’ websites — and “viral views,” which are readers who came from somewhere else, after finding the item on Twitter, Facebook, Digg or some other content-sharing network. While a recent story about the best anti-Glenn-Beck signs at a rally got about 16,000 views on BuzzFeed directly, it got almost five times that many “viral views” from other sources. The dashboard shows the story got over 19,000 pageviews via Huffington Post, more than 18,000 via Reddit, and over 10,000 from Facebook. It was shared 900 times on Facebook and drew more than 1,000 “likes” from readers there, as well as 2,800 clicks.

Peretti said in an email interview that BuzzFeed has been using the viral dashboard to build not just its own site and track the spread of its content, but to put together viral advertising campaigns for clients such as Viacom, GE, and Intel as part of the company’s marketing consulting business. “We decided that it was time to make a big move and make the viral dashboard public, so everyone can see the internal stats we use to grow the company,” the BuzzFeed founder said. The site will be making the dashboard available free of charge to anyone who wants to use it later this month, Peretti said, and sites can also apply for early beta access to the tool.

BuzzFeed’s new offering could find a receptive audience; more and more web publishers are looking to real-time analytical tools to track how their content is performing on a minute-by-minute basis, rather than (or in addition to) using existing tools that look at traffic statistics over a longer time period. Chartbeat, which provides a broader package of overall web traffic analytics for websites, recently raised a funding round of $3 million from Index Ventures and a group of other VCs. BuzzFeed itself raised an $8-million Series B round of financing earlier this year from RRE Ventures, along with Ron Conway’s SV Angel and Chris Dixon’s Founder Collective.

Here’s a presentation that Peretti did on how to make your content go viral by using what he calls the “Bored at Work” network.

Related content from GigaOM Pro (sub req’d): With Caffeine, Google Reveals the Challenges of Real-Time

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We’ve confirmed that wunderkind Jessica Mah is one week away from closing a hotly anticipated round of seed financing for her banking startup InDinero. Confirmed investors in the round (which still has three open spots reserved for valley VIPs like SV Angel) include 500 StartUps‘ Dave McClure, Microsoft’s Fritz Lanman, and YouTube’s Jawed Karim.

Part of the YCombinator class of 2010, InDinero aims to be the Mint for small businesses and is off to a running start as this latest round is set to close between 1 and 1.5 million. We’ve heard reports that she had to turn investors away, and Mah promises that more “juicy details” about the story behind the funding are yet to come.

Perhaps the closest we’ve got to a female Mark Zuckerberg, Mah founded her first startup at age of 13, and entered into the Computer Science program at Berekley at 15, where she started internshipIN.com. In raising over a million at twenty, the serial entrepreneur’s got a ways to go before she gets jaded.

Here’s recent video of her explaining InDinero’s usefulness and simplicity.

…as I said, “more to come”.

You may have heard of the Double Rainbow Video. The guy who filmed this, Paul “Bear” Vasquez, lives in Yosemite and in the past month has gotten huge traffic for his ‘vivid’ reaction to that double rainbow. We hooked up with Bear to learn more about him & show him how to capture a full on double rainbow with Windows Live Photo Gallery using our panorama stitch feature. It’s so intense!

Some more background…

When I first showed the Windows Live team the famous “Double Rainbow” video back in July they thought it was hilarious. But when I said I wanted him to come and do a video with us, they looked at me as if I had been seeing rainbows all day…they thought I was kidding. I e-mailed Bear that night and sure enough, he responded, and with great enthusiasm.

I called him and gave him the lowdown on the project and asked if he would do a “Double Rainbow” redux. He was ecstatic! So we jumped right on it. He flew to Seattle and we had an absolute blast. After a 10 hour shoot we shared stories, ate delicious Vietnamese food (his favorite), and hung out with the crew.

 

Photo Caption: Bear and our crew. From left to right: Connor Lanman, Max Lanman, Adam Collins, Matt Garrett, Bear, Austin Chick, Michael Fishman, Andrew Sobey, & Shawn Anderson not pictured: Tommy Yacoe & Brendan Schlagel

We did a second video called “Meet Bear” where talks about his experience posting “Double Rainbow” and his love for sharing photos and videos with the world using Windows Live Essentials – video coming soon (will update post when its up). UPDATE: You can check out the second video called “Meet Bear” by clicking here!

Bear is something special. He’s entered the world of social media in hopes to share laughs, smiles, and insights. It’s not about the product, it’s about the people. It’s about the viewers, the users, it’s about you. And more importantly this project also shows how powerful sharing photos and videos can be. If tools like Photo Gallery and Movie Maker didn’t exist, Bear and I wouldn’t have met.

People can now share their lives with everyone and anyone, and can influence each other’s lives in a positive way. That’s what is so cool about Bear’s story.

Till next time,

-Connor

A new study by email software purveyor Xobni confirms what we bloggers know to be true, there’s actually no such thing as a day off in the Internet age (Want more visceral proof than an email study? Check out the timestamp of this post).

Information anxiety has pretty much put the kibosh on “time off” as two out of three Americans and Brits check their email outside of regular business hours (ha) and half of Americans email while on vacation (double ha).

The Xobni study, an online survey of 2,200 British and American adults conducted in August, holds that the traditional 9-5 work day has gone the way of the Dodo, due to the fact that Americans and Brits can’t stop checking their email. Apparently we sneak a peak at out inboxes while on vacation, weekends, sick days and even when we are (gasp!) in bed.

The press release blames this behavior on the down economy and the iPhone, but I blame it on the fact that we now live most of our lives online, and we feel compelled to check our email/Facebook/Twitter because that’s where most of the exciting stuff is happening anyways.

More highlights from the study/the life we have chosen:

* The 9-5 work day has gone the way of the Dodo. 72% of Americans and 68% of Brits say they regularly check their email on vacations, sick days, and at home in bed.

* Yes, IN BED. Conveniently for Xobni, work email in bed is apparently, you know, like a thing, with 1 in 5 Americans checking email as the first thing they do in the morning or the last thing they do at night before falling asleep (Again I can personally vouch for this).

According to Xobni, email has become an addiction, and like most addictions it is fueled by peer pressure:

* 27% check email outside of regular working hours because they feel it is expected.

* 26% of Americans feel they can’t handle/overwhelmed by the number of emails they receive during vacation.

Everyone in the world agrees that managing email has become a challenge to our sanity. And various companies are scrambling towards solutions including Google with its recent Gmail Priority Inbox launch and Xobni, obviously. My favorite low-fi way to deal with the bottleneck is a service called Sentenc.es which makes it clear to your email reader that you are limited to short responses.

Even though I’m not sure how well that will work, in bed.

Video, vaguely related.

Email overload image above: Ario_

After looking at the different approaches to filtering for Relevance, I have been seeking a way to map them visually. There are many different startups competing in this space along with the giants, and a way to map them in a matrix would help us see the big picture of how the battle for relevance is evolving on the social web.

What are the fundamental ways in which these approaches and startups differ? These could form the axis around which we can then proceed to map them.

The Popular – Personalized Axis

Filtering either works by showing us the most popular stuff being shared online, or by understanding our individual preferences and surfacing personalized content. Thus, we have the following axis:

The Serendipity – Search Axis

You either search for content or you see it serendipitously without seeking anything specific. Search is actively initiated by the user and is goal-driven, while serendipitous discovery is gifted with the user being passive at the receiving end. This gives us our second axis:

The Filtering for Relevance Matrix (FORMAT)

We combine these two axes to form the backbone of our visualization. We then place different services within our matrix as per their core filtering approach. The result is the Filtering FOR Relevance Matrix (FORMAT) as seen below:

 

Let us now look at each quadrant closely.

Popular – Search Quadrant

This is the simplest and oldest of all. Search powered by algorithms to surface most popular content online. This also includes other Twitter search services like Topsy. These services are powered by algorithms such as PageRank, PersonRank, Resonance, etc. to surface the most popular result relevant to a query.

This approach dominated the Web 1.0 era before the advent of the social web.

Popular – Serendipity Quadrant

Services in this category help you find the most popular content being shared online across different social networks. These were the next to evolve in the Web 2.0 era, beginning with social bookmarking services like Reddit, StumbleUpon, etc.

There is an element of personalization provided by many of these, in that you “follow” some users, but the motive behind such following is less to seek personalized content, more to seek trending, viral content.

Note how Digg is attempting to move from this quadrant to the personalized quadrant, and facing hurdles along the way.

Search – Personalized Quadrant

A breed of services has evolved around delivering personalized recommendations and content tailored for your needs. Hunch learns about you and acts as a “taste engine”, while Blekko allows you to personalize your searches with slashtags. Google is making forays in this space with its Social Search service, which tries to personalize search results based on your social graph.

Personalized Serendipity Quadrant

This is the hottest space where most of the competition is today.

Twitter Lists are personalized (created by you) and deliver fresh, serendipitous content relevant to your interests. Facebook Likes give you serendipitous discovery from your personal friends. Flipboard provides a social magazine based on your personal social circle on Facebook and Twitter. My6sense delivers new content using ‘Digital Intuition’. Vertical networks like Last.fm deliver music recommendations based on your individual taste. Personalized Twitter newspapers give you fresh content filtered by your social graph on Twitter.

Note how Datasift lies at the center of the matrix. This is because Datasift is a platform providing different filtering services and approaches. Developers may use the platform to develop different services and apps that can lie in any of these quadrants.

How does FORMAT help?

So what is the point of this exercise? Using FORMAT:

• We see the big picture of how services providing relevance and filtering are evolving.
• We see how personalized serendipity is the holy grail of the social web right now.
• We see how different services relate to each other and who is competing with whom and how.
• We see how identifying the target quadrant is important for any new startup in this space.
• We see how users provide friction when a service tries to change quadrants (Digg).

If you are involved in a startup aiming to provide filtered, relevant content to users, which quadrant would you target? See how FORMAT helps?

Yesterday, I relayed the story of how my TweetDeck stopped working two days ago and how I ended up fixing the problem by switching to Twitter's Twitter client.

I observed that this switch had disabused me of the notion that TweetDeck would become one of the most valuable companies in my world (I use the app 18 hours a day, across all platforms).  It also increased my confidence that Twitter will be successful in its mission to kill off some of the most useful Twitter-app makers and provide those apps itself.

(Why? Because the app-switching costs seemed lower than I expected--Twitter's app had bagged me as a user merely by making an authorization change that temporarily broke my TweetDeck).

But now it turns out the story has another ending, one that increases my confidence that some app makers--TweetDeck, perhaps--will be able to survive Twitter's onslaught.

What happened?

Well, what happened is that I know how to use TweetDeck, and I like it, and I immediately got annoyed at the dumb ways Twitter's own iPhone client does certain things--like retweets.  So I began to long for my trusty old TweetDeck. 

And, eventually, having learned from our readers that I might be able to fix my TweetDeck by updating it, I decided to try to fix it.  It turned out that this involved more than just going to the App Store and downloading the latest version: I couldn't get it to work on my iPhone until I deleted the old version and then downloaded the latest one and started fresh.  But eventually it worked.  And the process on my laptop was easier.

So now my TweetDecks work again. And I'm back to using them 18 hours a day. And I'm done with Twitter's client app. 

At least until Twitter breaks my TweetDeck again....

Join the conversation about this story »

See Also:

• Goodbye, TweetDeck, We Hardly Knew Ye
• Wow--Is This Twitter's Lame-Ass Way To Deflect Blame For Breaking People's TweetDecks?
• Twitter For iPad Is Here, And It's Awesome

Ever since it became stable enough to use on a day-to-day basis on a Mac last year, Google Chrome has been my browser of choice. Other browsers have been adding some nice features — but Chrome keeps adding them faster. And today on its second birthday, that rate of change isn’t slowing down.

Google has officially rolled out Chrome 6 as the latest stable version of the browser today. This shouldn’t come as a surprise to anyone using the dev or beta builds of the browser, but it’s nonetheless an important mark as it means it’s stable enough for mass consumption.

Remember that it was just two years ago when Google surprised the world by announcing a new browser (a little early) via a comic. The next day, we got the first shots of what the browser would look like — and it was released as a beta for Windows users. It actually looks pretty much the same today, but it’s now much, much faster (and when it launched it was already faster than most browsers out there).

Google says that Chrome today is a full three times faster when it comes to JavaScript performance versus Chrome circa 2008. The rapid speed increases have also undoubtedly pushed rival browsers to become faster, so we’ve all benefited.

Arguably more important to me is that despite adding all the new features – and extensions — Chrome still seems lightweight today. I fondly remember the good old days of 2004 when I first started using Firefox as my main browser and thinking how fresh and lightweight it felt compared to the atrocity that was IE. Firefox, sadly, got bloated over the years. So far, Chrome hasn’t put on the same weight. Here’s hoping it never does.

As I said, Chrome is also showing no signs of slowing down from a development standpoint. The browser is already in the process of morphing into version 7 as well. Chromium, the open source browser that Chrome is based on, has been hit version 7 a couple weeks ago — and the dev build of Chrome just went 7 as well. Google has said they hope to iterate every six weeks going forward.

These next few months are going to be arguably the most interesting times for the browser yet. The Chrome Web Store will soon open, bringing tightly integrated web-based apps into the browser. And then, of course, Chrome OS is due before the end of the year.

Happy birthday Chrome.

Chrome then:

Chrome now:

TechStars is coming to New York City.  The first program runs from 1/10/11 to 4/8/11.  Applications are open now.  The NY mentor list is stunning and includes the following:

Phin Barnes (First Round Capital), Alex Blum (KickApps), Matt Blumberg (Return Path), Brad Burnham (USV), Jeff Clavier, Dennis Crowley (FourSquare), Chris Dixon (Founder Collective), Roger Ehrenberg, Darren Herman (The Media Kitchen), Jennifer Hyman (Rent The Runway), Alex Iskold (Adaptive Blue), David Karp (Tumblr), Zach Klein (Boxee, Vimeo), Evan Korth (NYU/HackNY), Mike Lazerow (Buddy Media), Ben Lerer (ThrillList), Sam Lessin (Drop.io), Joey Levin (MindSpark, IAC), Howard Lindzon (StockTwits), Eric Litman (Medialets), John Maloney (Tumblr), Dave McClure, Hilary Mason (Bit.ly/HackNY), Jeremie Miller (Telehash), Howard Morgan (First Round Capital), Charlie O’Donnell (First Round Capital), Eric Paley (Founder Collective), Raphael Poplock (ESPN), Alex Rainert (FourSquare), Avner Ronen (Boxee), Naveen Selvadurai (FourSquare), Justin Shaffer (HotPotato), Tim Shey (NextNewNetworks), Andy Smith (Daily Burn), Rex Sorgatz (Kinda Sorta Media), Jon Steinberg (BuzzFeed), Vinicius Vacanti (YipIt), Albert Wenger (USV), Fred Wilson (USV)

David Cohen, who is relocating to NY for January to March of next year, and David Tisch (I’m encouraging him to change his name to just Tisch to save me the brain damage of “which David”) will be running the program.  When we went about setting up the NY program, we evolved our funding model to be as inclusive of the local VC / angel community as we could.  We’ve created a long term funding model, which I expect David Cohen will write about at some point, that we implemented in TechStars Seattle and will be rolling out to Boulder and Boston this year.  As a result, the investors in TechStars NY include many local financial investors such as:

AOL Ventures, DFJ Gotham Ventures, FirstMark Capital, First Round Capital, Foundry Group, IA Ventures, Jove Ventures, Lerer Ventures, RRE Ventures, Social Leverage, Village Ventures, Zelkova Ventures, Peter Hershberg, Josh Stylman, David Tisch, Nate Westheimer, and Kal Vepuri.

When David first talked to me about his idea for TechStars in 2006, if you had asked me if we’d have Boulder, Boston, Seattle, and NY programs up and running by 2010 I would have chuckled (a real chuckle, not my evil laugh chuckle.)  The Seattle program is crushing it already and I’m excited to go spend time up there.  And I can’t wait to see the NY program start cranking.

We’ve got a few other interesting pieces of TechStars news coming over the next month – look out for them!  And, if you are an entrepreneur interested in the TechStars NY program, apply now so you can come to TechStars for a Day on 11/20/10.

It's no secret that Twitter for iPhone (née Tweetie) is often regarded as the gold standard for mobile apps -- it blends functionality, performance, and usability together with a dash of playful quirkiness that works so well Twitter just bought the app and hired developer Loren Brichter in back in April. That delayed the release of an iPad version, but Twitter's finally come through -- and as you'd expect, Twitter for iPad does things just as uniquely as its sister apps on the iPhone and Mac. In fact, we'd go so far as to say a few of its interface conventions will become as commonplace as slide-to-refresh, which was first introduced in Tweetie for iPhone -- but let's not get ahead of ourselves. Read on for more!

Continue reading Twitter for iPad review

Twitter for iPad review originally appeared on Engadget on Wed, 01 Sep 2010 23:59:00 EDT. Please see our terms for use of feeds.

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In a surprisingly quick and even stealthy move, AOL has renewed and expanded its search agreement with Google, even though many had expected there to be more competitive bidding throughout the fall to win the deal.

The five-year partnership to provide search technology and search advertising by powering AOL Search is more wide-ranging than the one it replaces, also including improved search products, global search, mobile search and also a video distribution arrangement with YouTube, which could evolve over time to include content partnerships.

“We have tried to make a deal that has 100 percent alignment on what we each do best,” said AOL CEO Tim Armstrong in an interview last night with Boomtown. “At the end of the day, Google checked all the boxes.”

The search partnership between AOL (AOL) and Google (GOOG)–the third since 2002 actually–was set to run out December 19.

Thus, AOL had been talking for months with a number of new partner possibilities, especially with Microsoft (MSFT) about using its Bing search service for AOL.

Microsoft has been trying to improve its market share with the innovative Bing and it has made great strides.

But, despite a valiant effort so far, is still the No. 3 search engine with about 11 percent of the market share, according to the latest comScore (SCOR) report for July, compared to 66 percent for Google and 17 percent for Yahoo (YHOO).

Adding AOL would have been a plus for Microsoft, since it has a 2.3 percent share.

But Armstrong said a deal was worked out early once AOL got what it wanted from Google, which certainly had the inside track in terms of experience in working with AOL.

Nonetheless, AOL had started the process of reevaluating who it would pick to serve its search needs late last summer and had planned for a process to last closer to when the Google deal expired.

In April, Armstrong said, AOL reengaged with all potential partners worldwide, which he said numbered a half-dozen.

He declined to name them, but sources said the other companies included Yahoo, as well as China’s Baidu.

The talks with Google were turbocharged when Armstrong–who ironically was one of the key Google execs negotiating the first AOL deal, when he headed U.S. ad sales there–met with Google CEO Eric Schmidt and Co-founders Larry Page and Sergey Brin at the Allen & Co. conference earlier this summer in Sun Valley, Idaho.

The deal moved quickly after that, with Armstrong wanting AOL to get access to the search innovation pipeline at Google, rather than just receive a more basic product.

He would not say if Google guaranteed search ad revenues in the deal, but sources said it has similar terms to the previous deal, which did include them.

The video part of the deal puts AOL content more prominently on YouTube and presumably it will be better programmed. AOL and Google will share ad revenue on the premium videos.

The mobile details are still being worked out, but will likely be served via Google’s mobile technology from its AdMob acquisition.

Armstrong admitted Google had the advantage from the start, especially since it knew how AOL Search performed, although early talks between the companies were initially rocky.

Perhaps that was due to the massive writedown in 2009 of the $1 billion investment Google–a key part of its previous search deal–had made in 2005 for a five percent stake in AOL, when it was still owned by Time Warner (TWX).

Armstrong also noted he wanted to avoid a lot of attention and uncertainty a bidding war would surely create.

“We had a no drama policy on this,” said Armstrong. “And, as it turned out, this was not a single, not a double, not a triple, but a home run for us.”

Here is an detail-free–with promise of more to come–8-K filing AOL submitted to the Securities and Exchange Commission on its new deal with the Silicon Valley search behemoth:

Here is the official press release on the new Google-AOL deal:

AOL AND GOOGLE RENEW AND EXPAND GLOBAL PARTNERSHIP

MOUNTAIN VIEW, Calif. and NEW YORK, NY–September 2, 2010–Google Inc. (NASDAQ: GOOG) and AOL Inc. (NYSE: AOL) today announced a five-year renewal and expansion of one of the largest and longest-standing partnerships in Internet history. The global alliance, which has at its core Google’s provision of search services to AOL’s content network and properties, in exchange for a revenue-sharing arrangement between AOL and Google, will be expanded to include mobile search and YouTube.

“Today is another important step in the turnaround of AOL,” said Tim Armstrong, AOL’s Chairman and Chief Executive Officer. “AOL users will be getting a better search and search ads experience from the best search company in the world–Google. After nearly a decade-long partnership in search, we’re looking forward to expanding our global relationship to mobile search and YouTube. All aspects of our partnership will be improved by this deal.”

“We’re excited to deepen our partnership. This agreement combines Google’s expertise in search and advertising with AOL’s strength in online content,” said Eric Schmidt, Chairman and Chief Executive Officer of Google. “It’s particularly exciting to see our relationship expand into video and mobile. These areas are now at the heart of users’ online experiences and at the core of both of our businesses.”

The partnership includes a broad range of features that will improve and expand the products and services offered to consumers.

· Search Products: Google will provide AOL with additional features and enhancement to its leading Web search products that will improve the consumer search experience across AOL’s network of sites.

· Advertising Products: Google will provide AOL with best-in-class ad formats, giving AOL consumers a better, more relevant ad experience.

· Mobile Search: As AOL renews its focus on mobile apps and content, the companies will work together to expand the alliance to cover mobile search.

· YouTube: AOL and YouTube have agreed to a content partnership that will bring AOL’s video content to YouTube.

· Global Focus: The alliance is international in scope and will provide improved experiences to AOL’s worldwide audience.

Twitter sent out a very strange email to all of its users over night about a few important changes the company is making, including the switch to OAuth that broke many users' third party Twitter apps yesterday.

What makes the email so strange?

It refers to the changes as happening "over the coming weeks," and talks about August 31 as a date in the future. We received the email after 5 am today, September 2, and we can't find reports of anyone getting it more than a few hours ago.

Why does this matter?

Aside from simply being weird, the timing is a big deal because when Twitter switched to requiring OAuth, any third-party app that wasn't equipped for this simply stopped working, often without explanation. The change has been in the works for a long time now, so all major app developers had released versions of their products that handled the change without an issue, but users who hadn't updated their apps, including our own Henry Blodget, were confused and angry.

We've asked Twitter for a clarification on the timing of the email.

The other announcement is also old news to those that read the company's blog, but presumably new to most users: Twitter will be wrapping all links posted through the service with links from its own t.co domain. On mobile devices, users will see shortened t.co links, much like the third-party shortened (think bit.ly) links you see on Twitter now. Users on computers will see the full, original domain name of the link, and a shortened version of the rest of the URL, so they know if they are clicking on a trusted site. Only the shortened version of the link will count against the user's 140 character limit.

That means three things:

• Twitter will be able to track all links and clicks through its service, allowing to offer -- and charge for -- analytics.

• Using generic third-party URL shorteners will still work, but will be counter-productive. Twitter will rewrap the links, so both it and the third-party will be able to track it. But it will be displayed as shortened gibberish, which will no longer be necessary.

That's not an immediate deal-breaker for shorteners, like bit.ly, that make their real money providing branded shorteners to publishers, since users will still know what they are clicking on when they see, say, our read.bi links. But the value of them will certainly be diminished, and Twitter could soon be competing directly with them providing link tracking analytics.

The new t.co links will start rolling out in the coming weeks, and are expected to hit all users by the end of the year.

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See Also:

• Goodbye, TweetDeck, We Hardly Knew Ye