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US warns of possible attack in Bali
Tumblr's Improved Attribution is Good News for Publishers
Tumblr is quickly becoming one of the Web's most popular and unique platforms on which to share and discover interesting content of all media. According to Tumblr, over 5.3 million posts are made each day by the service's over 7.5 million users. Posts are passed on over and over through Tumblr's "reblog" feature, but at such a high volume it's easy to loose track of where content originated. Tumblr hopes to solve this dilemma with some new attribution functionality launched earlier today.
Whenever someone reblogs a post on Tumblr, text is generated automatically that produces a "via" link to the user it came from. As users reblog other reblogged posts, an ugly daisy-chain of these links clogs up the caption area, causing most users to simply delete it, breaking the chain of attribution.
Now, Tumblr has made is easy for users to add attribution metadata to posts just as they would tags and other information. This is great for users who want to credit where they found an interesting photo, quote or article, but this feature is a huge benefit to publishers.
As we mentioned earlier this summer, many popular publishers - including Newsweek, Huffington Post and The New Yorker - have flocked to Tumblr to share content in a new way. With this new attribution feature, they can rest assured that their content will be properly attributed as it is shared throughout the community.
This kind of publisher-friendly feature is likely a direct result of Tumblr's latest talent grab, Mark Coatney, formerly an editor at Newsweek. Coatney's new position is to serve as a liaison between Tumblr and media publications who want to leverage the platform, so it's likely Tumblr will continue to add features that will make publishers happy.
DiscussStrategy Roundtable: Find High Velocity Channels
First up at this week's Strategy Roundtable was Cheryl Yeoh presenting CityPockets, an online destination, and an app for managing daily deals across a wide range of sites. The daily deal and group buying market has really heated up, with numerous sites offering variations on the basic value proposition. But for Cheryl, the problem is that she needs critical mass.
I asked her not to assume that investors will be investing in this business idea, at least not until she can acquire some level of validation, which means tens, if not hundreds of thousands of customers, and several partnerships with daily deal sites.
Venture capitalists today don't exactly practice venture capital. Investors are investing in proven concepts - they call those "momentum investments." As a result, the expectation is that you have to figure out a way to get to some level of momentum on your own (by bootstrapping) or with small doses of angel money - "drip financing" so to speak. To be successful, you need to understand this basic philosophy, and work within its constraints.
Gnosis IndiaNext Anuj Mishra with Gnosis India presented an idea of doing highly technical workshops (CAD, Robotics) for students all around India, including rural India. I asked Anuj who would be teaching these workshops, and who would be paying for them. In today's India, people with high-end engineering skills are in high demand. They make a lot of money, and nothing in Anuj's business model convinced me that these people have any interest or incentive to go around teaching, especially in rural India. I asked him to abandon this idea and find a better one.
Solution for E-commerce VendorsLast up was Manish Jha pitching his inventory management, fulfillment and customer service solution for e-commerce vendors, with which he has already built a $500,000 a year business. Manish wants to explore how to get to $2 to $3 million in a couple of years. I advised him to strike OEM partnerships with the e-commerce shopping cart vendors like Volusion, BigCommerce, etc. Such OEM deals may cost him 50% of his product revenue, but would be the fastest way to reach a large number of customers, nonetheless.
I started doing my free Online Strategy Roundtables for entrepreneurs in the fall of 2008. These roundtables are the cornerstone programming of a global initiative that I have started called One Million by One Million (1M/1M). Its mission is to help a million entrepreneurs globally to reach $1 million in revenue and beyond, build $1 trillion in sustainable global GDP, and create 10 million jobs. In 1M/1M, I teach the EJ Methodology which is based on my Entrepreneur Journeys research, and emphasize bootstrapping, idea validation, and crisp positioning as some of the core principles of building strong fundamentals in early stage ventures. In addition, we are offering entrepreneurs access to investors and customers through our recently launched our 1M/1M Incubation Radar series. You can pitch to be featured on my blog following these instructions. Recordings of previous roundtables are all available here. You can register for the next roundtable here.
In addition, we also have a Deal Radar series in which we profile entrepreneurs who have successfully reached $1M in revenue. Many investors monitor this series as a source of fundable businesses that have achieved a certain level of validation, and we encourage you to pitch [following these instructions] to be featured in the series as well. Some recently featured companies include Appssavvy, MobileIron, Mashery, Clickfree, BullionVault, 3dcart, BrightEdge, FootzyRolls, LendingClub, Blacksocks, Merkle.
The recording of this roundtable can be found here. Recordings of previous roundtables are all available here. You can register for the next roundtable here.
Sramana Mitra is a technology entrepreneur and strategy consultant in Silicon Valley. She has founded three companies, writes a business blog, Sramana Mitra on Strategy, and runs the 1M/1M initiative. She has a master's degree in electrical engineering and computer science from the Massachusetts Institute of Technology. Her Entrepreneur Journeys book series, Entrepreneur Journeys, Bootstrapping: Weapon Of Mass Reconstruction, Positioning: How To Test, Validate, and Bring Your Idea To Market Innovation: Need Of The Hour, as well as Vision India 2020, are all available from Amazon.
Photo by wax115
DiscussHow-To: Cast a solid ice beer caddy
Rob Cockerham--who has previously brought us spring shoes, a sweet Doc Ock costume, and How Much is Inside?, among other delights--wanted to serve a six-pack out of a solid block of ice. The block had to be cast with openings that would hold the bottles tightly but still let them slip loose when somebody wanted one. It took a bit of trial and error, but he eventually got the process figured out. The whole story is here. Rob hasn't tried it yet, but he thinks, as I do, that one of these will probably float in a swimming pool fully loaded. Nice work, Rob! [via Boing Boing]
More:
- Beer bottles with tuning levels printed on labels
- Hacker Trifecta: iPad, Arduino, kegerator combined in single device
- Reblown bottle glasses
- Basement kegerator with kitchen tap
Review: Seesmic for iPhone
SD Card Association: flash card speeds to triple by 2012
SD Card Association: flash card speeds to triple by 2012 originally appeared on Engadget on Fri, 03 Sep 2010 17:35:00 EDT. Please see our terms for use of feeds.
Permalink | CNET | Email this | CommentsRangel Should Leave Office, Manhattan Voters Tell Poll
Taliban Claim Deadly Attack on Shiites in Pakistan
RPT-UPDATE 1-Google settles Buzz privacy lawsuit - Reuters
New York Times (blog)
RPT-UPDATE 1-Google settles Buzz privacy lawsuit
Reuters
SAN FRANCISCO, Sept 3 (Reuters) - Google Inc (GOOG.O) has settled a lawsuit accusing it of privacy violations in connection with its Buzz social networking service, according to a court document filed on Friday. The settlement filing comes on the same ...
Google to Simplify Privacy PolicyPC Magazine
Rabid Consumer Watchdog Attacks Google CEOTechNewsWorld
Is Consumer Watchdog Losing Credibility With its Google Feud?PC World
Mediapost.com -New York Times (blog) -AFP
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Hurricane Weakens as It Hits the Coast
Facebook glitch let spammer post to walls
News: Quantcast: Android Eats into iOS Lead of Mobile Browsing - The Mac Observer
IntoMobile (blog)
News: Quantcast: Android Eats into iOS Lead of Mobile Browsing
The Mac Observer
The Android platform has been eating into the sizable lead Apple's iOS platform has in mobile Web usage, according to analytics firm Quantcast. The company released new numbers Friday that show iOS with 56% of all mobile Web usage, with Android a ...
Apple Browsing Share Tops Linux, Android Steals Share EverywherePC World
Android gains on Apple in US mobile Web useCNET
Quantcast: Android continues to grow vs. iOS dominationFortune
Apple Insider -SlashGear (blog) -IntoMobile (blog)
all 52 news articles »
Texas conducting antitrust review of Google - Computerworld
Austin News
Texas conducting antitrust review of Google
Computerworld
The attorney general's office has asked Google for information regarding Foundem, SourceTool/TradeComet and myTriggers, each of which have complained in the past that Google pushed them down its search rankings or reduced their appeal ...
Texas Probes Google's Search EngineWall Street Journal
Texas opens antitrust investigation of GoogleCNET
Texas opens inquiry into Google search resultsThe Associated Press
New York Times (blog) -Hard OCP -Barron's (blog)
all 106 news articles »
G.O.P. Poised to Control 30 Governor Seats
Klipsch issues first on-ear headphones, Image S5i Rugged and bargain Image S3 earbuds
Gallery: Klipsch issues first on-ear headphones, Image S5i Rugged and bargain Image S3 earbuds
Klipsch issues first on-ear headphones, Image S5i Rugged and bargain Image S3 earbuds originally appeared on Engadget on Fri, 03 Sep 2010 17:14:00 EDT. Please see our terms for use of feeds.
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