That is all.
The gf is gettin’ her drink on tonight. Look out.
“Wild Ginger Is Coming Out Tonight”
At Some Point Today, You Should Google “Zerg Rush”
You’ll either be confused or not disappointed.
Sonofa!
Well, atleast there are no banelings…
Super legit photography of the Enterprise Shuttle on its New York City fly-by earlier this morning. We spotted Eric Hwang (go visit his website!) on the 9th floor of IAC with a killer camera snapping away, so naturally asked if we could run some of his photos on the tumblr. Thanks Eric! These are great!!
Amazon’s Revenue Up 34 Percent While Profit Down 35 Percent
I can’t think of another example of a company seeing revenue rise that much while seeing profit fall almost the exact same percentage.
The race is on for Amazon to get to Walmart scale, where margins do not matter. But it’s getting to be a bumpy ride because of things like Amazon’s adventures into hardware.
The company made $13.18 billion in revenue for the quarter, but only $130 million in profit. That’s less than the right side of the revenue decimal point. And the profit continues to go the wrong way.
On the bright side, at least they didn’t actually lose money (as they keep warning they might). Next quarter, they’re projecting anywhere from $40 million in profit to $260 million in loses. Even if they beat the range (which they should), they’ll still be inching closer to $0.
And what happens if Google is actually able to undercut the Kindle Fire in price with their Nexus tablet?
Scale fast. Scale fast. Scale fast.
For 15 years Jeff Bezos hasn’t given two shits about quarterly earnings and he’s not going to start now. There’s a reason why every shareholder letter includes his letter from 1997 about long term focus.
“ABC is working through some details with our Tumblr pages but beyond that we do not have anything to say at this point,” the spokeswoman said.
Tumblr is definitely a tricky platform for many brands and publishers. But as such a large, global media network, ABC has plenty of resources and content for an effective Tubmlr presence; so it is very odd that the media giant would just casually abandon its Tumblr pages without explanation.
According to a source, the move wasn’t because ABC’s Tumblrs weren’t getting traffic; on the contrary, the Tumblrs were a useful traffic referrers to ABC sites. Instead, the order came from above to eliminate the Tumblr content. It seems that ABC may have been concerned about liability as far as sharing content on Tumblr and preferred not to deal with the platform in general.
How did Instagram get a $1 billion deal from Facebook seemingly overnight? Simple — Twitter bid first.
Twitter made a very real offer in the hundreds of millions of dollars range, according to two sources with knowledge of the deal. Twitter chairman Jack Dorsey, an early Instagram investor and a one-time avid photo-sharer, was said to be involved in all aspects of the deal. But Instagram shrewdly did not sign the term sheet, which would have bound it to a no-shop clause, and went ahead and closed its financing round.
This put Systrom in an odd — but useful — situation in which he had both the new funding and the Twitter offer still on the table. According to one source, Systrom went to Zuckerberg for a better deal and Zuckerberg bid just to block the Twitter deal.
But the negotiation process was far more nuanced than Systrom simply playing Twitter against Facebook to get a better deal, and Instagram’s choice to go with Facebook had more to do with product and vision alignment than price, a person familiar with the negotiations said.
Instagram’s CEO, Kevin Systrom is apparently one heck of a negotiator.
Companies are bought, not sold.
When a brand’s Twitter follower, Facebook fan or anyone else who encounters the link then clicks on it, they will see the article surrounded by display ads for the brand.
—
Just what I’ve always wanted! Sigh.
New York Times R&D Group Launches First Commercial Product | MediaWorks - Advertising Age
You had me at “roasting the large hunks in bacon fat.” Courtesy of TastingTable.
Saw The Bad Plus last night for probably the 4th time. One of my favorite jazz trios. (Taken with Instagram at Blue Note)
