Are you addicted to Twitter? Do you have an iPad? Even if the answer to both is “no” right now, after you see Twitter for iPad, those answers are going to change — quickly.

Yes, the wait is over. Launching tonight in the App Store is Twitter for iPad — the first official native iPad app from the company. We all knew it was coming (Twitter even said so a few months ago), but it has been a long wait. It was definitely worth it.

Like most people, I wander into hyperbole from time to time. But it has now been a few days since I first played with Twitter for iPad, and I still think it is hands-down the best iPad app out there. It’s that good. With all due respect to Reeder, Instapaper, Flipboard, and Pulse, this is now going to be my go-to app for just about everything related to reading news. It’s simply such a great experience for reading tweets — and more importantly, reading the links your friends share.

What Twitter has done is create an amazing user experience for reading information. This is thanks to an intuitive user interface that layers on top of itself. So, for example, if I click on a link in my tweet stream, I’ll have a new layer that rolls over to show that webpage in a customized browser window. If you’ve used Flipboard, it’s somewhat similar, but better because it’s much easier to go back to where ever you previously were before you clicked the link. You simply swipe something to the side to move it temporarily or swipe it again to get it off the screen (in portrait mode anyway, where there’s less space).

Something else that’s awesome: when you highlight a tweet by clicking on it, it’s now pinned to the top or bottom of the screen as you scroll through your stream. This is great if it’s something you want to reference. A lot of thought has been put into these type of saving state actions within this app. It’s simple to save a draft and go back to it, for example (much easier than with Twitter for iPhone). Or to reference one of these pinned tweets in your own tweet.

There are also some great new gestures that Twitter came up with for this app. For example, if you pinch-outward on a tweet, it will unfold to show you more information about the Twitter user. Better may be the way you can swipe down with two fingers on any tweet to see a full conversation in context. It’s the little things like this that make the app great — Apple-like, even.

Overall, the app looks and feels quite a bit different from Twitter for iPhone (which Twitter built from Tweetie — developer Loren Brichter’s client that they acquired earlier this year). But Twitter’s Leland Rechis assures me it’s using all the same stuff on the backend. In fact, Twitter is now a universal app — meaning it’s one app that will work on both the iPhone and iPad, it will just look different depending on which device you’re using it on.

Rechis also says Twitter started experimenting with some newer things on the iPad version that haven’t yet been brought to the iPhone version, but undoubtedly will. A great example here is that when you click through to a user’s profile page, you’ll see at the bottom a list of users similar to that user that you may like to follow.

Rechis also notes the importance of the logged-out view — something Twitter worked on before the iPhone version launch. Twitter wants to make the service as useful as possible to people even if they don’t have an account. The idea, of course, is that they’ll hopefully sign up for one — and this app may give them the most reason to yet. When logged out, you’ll be able to see tweet streams based on hot topics.

“Tweets in general are not just what I’m doing, they have an incredible amount of metadata,” Rechis says speaking to why they created this layering idea for the app. Almost 25 percent of all tweets now have a link in them, he says. This app is perfect for those tweets, and content consumption and exploration in general.

Rechis notes that one of his favorite things about tablets is how they eliminate window management. At the same time, you need some way to manage all this information. He notes that Brichter’s original concept was stacks of sheets of paper that you quickly shuffle through. Other members of Twitter including Rechis refined that idea and the end result is Twitter for iPad.

That’s roughly 750 words about the app — but you really just need to see it, and use it. It will definitely be my go-to way to browse Twitter from now on. It’s that good.

Look for it in the App Store shortly. It will be a free download.

Update: I should note that for some of these more advanced gestures, there is a slight learning curve. That said, you can do everything without using those gestures, so it’s not a big deal — it’s just icing on the cake. And yes, Twitter is trying to come up with the best way to teach users about these new gestures.

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

The World Economic Forum has announced its list of 31 Technology Pioneers for 2011. The Technology Pioneers are its list of up-and-coming startups. Last year’s list included Twitter, Playfish, and Boston Power. The year before, Mint, Etsy, and Brightcove were named.

Joining the pantheon this year are foursquare, Knewton, Layar, Scribd, and Spotify. However, greentech is equally strong on the list, particularly with smartgrid companies such as OPower and Tendril. Below is the full list of infotech companies that made it, with links to their Crunchbase profiles for more information:

Aster Data (big data)
Atlassian (product management)
Foursquare (Geo-location)
GetJar
Knewton (adaptive learning)
Layar (augmented reality)
NetQin Mobile (mobile security)
OpenDNS (domain names)
ReputationDefender (online reputation monitoring)
Scribd (online documents)
SecondMarket (private securities market)
Spotify (streaming music service)
Vortex Engineering (low-power ATMs)

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.

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.

Announced just this morning, the new iTunes/Ping one-two combo pack a mighty punch. But can this dynamic duo deliver on its promise to revitalize music-based social networking? And will Ping be the MySpace killer all the tech pundits are speculating about?

We don’t have all the answers, but we do have a few first impressions to share with you. We were definitely met with a few surprises and even some disappointments when firing up the app for the first time. Here’s what we think so far; be sure to share your opinions with us in the comments.

First, download the new iTunes. Once it’s installed, you’ll notice a new link under the iTunes Store tab on the left side of the iTunes interface. The Ping tab is inconspicuous as it is exciting.

The service is opt-in, so you’ll have to turn Ping on and sign in with your Apple account and agree to a new Terms of Service. After that comes a simple profile form that gives you the opportunity to upload an avatar and write the standard social media “About Me” section. Additionally you can “like” up to three genres.

Our first nose-wrinkle moment with Ping came right here: We only get to pick three kinds of music? Almost everyone likes a few more than three genres. Still, this will force those pesky “I listen to everything” types to get specific, so we can’t complain too much.

After that, you get to make some privacy choices. You can specify how music you like, rate and review is displayed on your profile; you can also decide whether or not people can follow you and if they need your approval to follow you. Even if you don’t allow others to follow you, you can still follow anyone you like. It’s a fairly common asymmetric friendship model, much like Twitter’s.

You can also choose to connect your profile on Ping to your Facebook profile, if you wish. Once your accounts are connected, you can also follow your Facebook friends on Ping, too.

Ping already has some “Artists We Recommend You Follow,” among them, Lady Gaga, Katy Perry, Linkin Park and U2. These don’t seem to be connected in any way to individual users’ purchasing habits or iTunes library contents. In the “People We Recommend You Follow” section, you’ll find luminaries such as Def Jam head Rick Rubin and radio DJ Jason Bentley. It’s a shame these recommendations aren’t based on available user data yet; we’re hoping that as more artists enable Ping profiles and more users sign up and begin to exhibit certain behaviors based on demographic and psychosocial factors, the recommendation quality for first-timers will improve.

Once you’re in and set up, you’ll see a stream of recent activity. You can think of it in a couple ways. First, it’s a music-only version of your Facebook news feed. Second, it’s a huge recommendation — one that might work pretty well if your friends, or at least the people you follow on Ping, have similar taste in music.

You can comment on and like others’ activities. When you click through to another user’s profile, you’ll also see a run-down of his or her recent activities.

Navigation is a bit awkward; don’t expect Facebook’s plethora of tabs and menus. You’ll get a search bar and simple back and forward buttons in addition to the traditional iTunes navigation bar at the top of the screen. On another look-and-feel UI note, it’s new and jarring to have to use a web app from within a desktop app, but it’s something that Ping users will apparently have to get used to.

The other part of running a social network inside a desktop app is that it’s cripplingly slow — something that might seriously inhibit the platform’s growth. If there’s anything end users hate more than sites that constantly go down, it’s sites that run slowly.

You can search for artists, people or both. Either the search function is purely busted, or iTunes hasn’t got a large enough repertoire of artists on board with Ping yet. Artists have both their iTunes Store pages and Ping profiles. Ping search takes you to the former, which isn’t quite intuitive.

The artist Ping profiles show an activity stream as well as upcoming concerts and a few other links. And of course, the entire Ping artist interface contains built-in music-selling features.

Artists can also upload photos, videos and text updates, something we haven’t yet been able to do as non-artists. As for uploading content other than reviews, regular users are limited to comments on your and others’ activity only for now.

One interesting section of Ping is its Charts, a sort of recommendation engine that delivers a brief list of songs and albums popular among people you follow. It shows purchased music only, not liked, rated or reviewed items.

Other sections of your Ping profile might not be as easy to understand; for example, don’t expect to be able to write a review when you click on “My Reviews;” you’ll have to go elsewhere in iTunes for that. Controls for the interface are small and, shall we say, specific. In other words, you’d better be pretty accurate when clicking on that five pixel-wide arrow, or you’ll end up on a wholly different part of the site and have to start all over again.

The big question for music fans, musicians, digital collateral creators and millions of other people is both simple and complex: Can Ping replace MySpace as the go-to marketplace to find and socialize around entertainment?

We pondered this question at length earlier today, when we were confident that this Apple-backed MySpace alternative, with its baked-in connection to the iTunes Store, would be a surefire success.

However, while testing the app this evening, we see that Ping has a long way to go if it’s going to be a better alternative. All the reasons that users have largely abandoned MySpace — the emphasis on gaudy customization, the constant stream of shallow user-to-user communication, the veritable sea of band-spam — have been avoided to a perhaps detrimental extreme. We love minimalist design as much as the next guy, but we also love self-expression, music-sharing and communication with friends. Much of that is curtailed here.

Moreover, the interface is still buggy and slower than molasses in January at the North Pole during a legitimate Ice Age. And that slowness is a big turnoff and an inherent factor of working within iTunes.

We don’t love Ping yet, but we don’t hate it, either. We suspect that much of the network’s value will be a wait-and-see proposition. Wait and see what happens when there are more artists, more curators, more well-known DJs and music bloggers, and more of your own friends on Ping. Wait to see what changes Apple makes in later iterations. But for now, it’s definitely an app worth watching.

What are your first impressions of Ping?

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When it comes to seed investing, New York City is becoming a hotbed. And now TechStars, the incubator that began in Boulder. Colorado and has spawned nearly 40 startups, is coming to New York. This will be the fourth (and supposedly last) city TechStars expands to, according to CEO David Cohen (the other two are Boston and Seattle).

TechStars is accepting applications for the New York City Class of 2011, which will start in January. TechStars provides a little bit of cash ($6,000 per founder for a three-month program) and a lot of mentorship. The list of New York City mentors includes Foursquare founders Dennis Crowley and Naveen Selvadurai, Tumblr founder David Karp, VC Fred Wilson, Hunch founder and seed investor Chris Dixon, angel investor Roger Ehrenberg, StockTwits CEO Howard Lindzon, Boxee CEO Avner Ronen, BuzzFeed president Jon Steinberg, and Hot Potato founder Justin Shaffer. Jeff Clavier and Dave McClure snuck in there as well, even though they live in California.

TechStars takes a 6 percent equity stake in each startup in common stock (no board seats), and has a decent track record. Cohen and David Tisch will be running the program. They are looking for about ten startups for the initial New York City class.

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San Francisco Values
By Derek Powazek