Seth Gilbert, 07-8-2009
Google’s been accused of many things but having slight ambitions isn’t one of them. From the company’s stated mission, to its search efforts, from book search to Android, the company always aims high. Google’s latest plans stick with the formula.
Following an increasingly popular trend of pre-announcing potentially big news, the company announced today on the Google blog that their Chrome web browser will have a new cousin in 2010: Chrome the Operating System.
Unabashedly sighting in on Microsoft and its next generation Windows incarnation, Google says people want to get their email in an instant, they want computers to run as fast when they’re a year old as when they were first bought. They want more for less. More accessibility, more speed and less maintenance. Google thinks it can deliver that. Click to Read More
Seth Gilbert, 07-7-2009
Monthly NPD sales data paints one picture of how the video game industry is faring in this economy. Tracking firm Nielsen has crafted an alternate perspective. In a new study, Nielsen turned the lens on the recession’s impact by measuring how much time is being spent playing and how many used games gamers are buying. Not surprisingly, the survey found both game engagement and used game purchasing have been trending up.
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Seth Gilbert, 07-6-2009
The printers are probably still warm from running off copies of last week’s announcement he was stepping down as the CEO of Joost, but former Cisco star Mike Volpi is wasting no time updating his resume. Not a week removed and he’s already on to his next venture, literally.
Index Ventures (which is an investor in Joost) announced Monday that Mike will join their London office as a venture partner.
While a new entrant to the VC world, Volpi is anything but inexperienced when it comes to evaluating companies. The former Cisco Chief Strategy Officer oversaw a business development team that acquired more than 75 companies during his thirteen year stint at the networking equipment maker.
At Index, Volpi will focus on familiar territory: Telecom and Networking startups. He’ll also try his hand at picking future stars from the Media and Internet sectors.
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Seth Gilbert, 07-1-2009
If at first you don’t succeed, try try again. But if “Plan B” doesn’t work either? Then what? Do you call it a cautionary tale? Chalk it up to the nature of the game? Or do you try a new course yet again? For the once high flying internet video startup, Joost, which has been spiraling toward trouble, it’s door number three.
On Tuesday, the company announced in a corporate blog that it will restructure its business model to incorporate a white-label service aimed at providing video distribution technology. (The video site will remain but no longer be the company’s singular focus).
Joost cited the economy as a key factor in its decision. On the company blog, CEO Mike Volpi wrote that it had become “increasingly challenging to operate as an independent, ad-supported online video platform…. We have built a solid technology platform that there is demand for in the marketplace, and look forward to this new chapter for our company. At the same time, we’ll continue to operate Joost.com and its associated video applications.”
While the challenges of earning a living off advertising had to figure into the calculus to shift focus, Joost’s problems run deeper and have been apparent for a long time. Simply put: the company’s service never matched up to the demands and behaviors of the consumer marketplace. Timing, programming, and concept never fully came together.
Cycle back the calendar to May 2007 and Joost was a hot, hyped peer to peer video platform still in an invitation only beta. The founders were coming off of huge success in the creation and sale of Skype. Click to Read More