The long-anticipated set-top box from Netflix is headed toward your living room this summer, according to several major news providers including the Associated Press, The New York Times, and Reuters. The good news is that unlike the optical supremacy battle going on between HD-DVD and Blu-Ray, the capability to tap into Netflix's movies-on-demand service could become a standard option on many upcoming consumer-level DVD players and set-top boxes as an added feature--not the sole purpose. Boxes equipped with the Netflix service (including the purported next revision of LG's flagship BH series of dual HD-DVD and Blu-Ray players) will … Read more
NetSuite's IPO auction has apparently attracted strong interest from investors, as the company prepares to set the final IPO price after market close Wednesday.
The on-demand enterprise applications company, backed by Oracle's Larry Ellison, has raised its pricing range by 46 percent from its initial pricing range of $13 to $16 a share that was announced on December 5.
The range was raised Tuesday to $16 to $19 per share. And it was raised a second time Wednesday to $19 to $22 a share, according to a Securities and Exchange Commission filing.
NetSuite could begin trading as early … Read more
We bet you know someone who does everything online, from banking to making friends, to kicking back. If you're stuck trying to find great gifts for the constant blogger, video vulture, or online socialite in your life, take a look at this virtual gift guide that shows you get it, and you care.
Prototypes of the Tenori-On have traveled the globe, popping up in the U.K. and Germany, but rarely in the United States. I couldn't believe my luck when San Francisco electronic musician retailer Robotspeak (my former employer) gave me the heads-up that Yamaha would be dropping by the shop for a rare demonstration.… Read more
HALF MOON BAY, Calif.--Homesick entrepreneurs longing to return to China or Europe may find the motherland is offering more than a warm embrace: funding by eager investors.
China's stock market has climbed fivefold over the past two years, and efforts are under way to create an emerging market that would cater to younger companies.
"The China market has turned over five times, so it's very, very hot. But there've only been a handful of local companies that have done an IPO," said Kuantai Yeh, managing director of Intel Capital and a panelist Friday at … Read more
Entrepreneurs got some answers Thursday from investment bankers and institutional investors during the AlwaysOn Venture Summit in Half Moon Bay, Calif.
For starters, companies looking to cash in via an IPO, or acquisition, are finding that it's usually through the acquisition route, said Paul Deninger, vice chairman of Jefferies & Co.
Over the past five years, mergers and acquisitions have provided 80 to 90 percent of all equity returned to investors of venture-backed technology companies, compared with 30 to 40 percent in the early 1990s, he noted.
And that trend concerns Deninger, who compared the situation to venture capitalists &… Read more
Larry Ellison's on-demand applications company, NetSuite, is getting ready to hit the road with its story for investors. The company set its initial pricing range on Wednesday, noting it hopes to raise up to $99.2 million.
NetSuite set an initial range of $13 to $16 a share for the 6.2 million shares it plans to release in its IPO, according to NetSuite's filing with the Securities and Exchange Commission.
The stock is slated to trade on the New York Stock Exchange, under the ticker symbol "N."
NetSuite's IPO is currently planned for December … Read more
Today on the Facebook Blog, Mark Zuckerberg apologizes for the mistakes Facebook made in rolling out Beacon, and announces that the company is "releasing a privacy control to turn off Beacon completely."
This is a clear victory for consumer backlash and protests. MoveOn.org spokesman Adam Green responds to today's development:
"Sites like Facebook are revolutionizing how we communicate with each other and organize around issues together in a 21st century democracy. The big question is: Will corporate advertisers get to write the rules of the Internet or will these new social networks protect our basic … Read more
Whether or not Facebook kills its much-derided Beacon program, the controversy surrounding intrusive marketing surveillance deserves to flourish.
You remember the old story about the frog placed in a pot of water that was slowly heated up, until it was cooked? When I read the about Facebook's reaction to the anti-Beacon protests, my first impression is that Facebook's concessions are essentially along the lines of, "OK, we turned up the heat a bit too much on this one, so we'll turn it back down a little bit--for now." Are marketers counting on the fact that we'll get used to the warm bath, then the hot tub, calibrating their fine-tuned ability to stop just short of the lobster pot?
CNN.com contributes a story, "Ad targeting improves as Web sites track consumer habits," which covers the Facebook issue among other case studies. Marketers are studying the sensitivity level of consumers to intrusive advertising and adjusting their programs accordingly. For example, CNN.com reports, "Most Web sites and marketers have been shunning the ultimate targeting--ads that greet you by name. Yahoo could easily do that using registration information, but 'I'm not sure people would like that or not,' said Richard Frankel, Yahoo's senior director of product marketing."
The CNN story continues:"Users' comfort with data profiling has indeed shifted over the years. Google faced criticism when it introduced an e-mail service that paired ads with the words inside private messages. Millions of people now use Gmail with scarcely a blink.
Users will eventually embrace the latest tactics, too--and by then, they'll complain about even deeper levels of intimacy yet to be invented, said Tracy Ryan, professor of advertising research at Virginia Commonwealth University
'You want to have enough targeting that a consumer notices the message and pays attention, but you don't want it to be so obvious that they are thinking (there) is targeting,' she said. 'That would be scary.'"… Read more