In Las Vegas, Alternative Currency Buffs Are Making The Case That Bitcoin WIll Do To Money What The Web Did To Information

We’re at the Money2020 conference on new and alternative payment systems in Las Vegas, where representatives from all corners of financial services are discussing the current state of money. This morning, Micky Malka of Ribbit Capital laid out a very straightforward case on why you should be bullish on Bitcoin. “Bitcoin is for money what TCP/IP is to the Information Age,” he said. “It provides us with a universal decentralized ledger for recording any and all transactions. It will change the way money moves around the world.” It’s an apt analogy. To simplify it a bit, TCP/IP is the name ... Read More

Silicon Alley Insider - Monday, October 7, 2013

Yawning Travelers Receive Free Coffee Thanks to the Magic of Facial Recognition Software

Only boring people are bored. But sometimes it’s okay to be a boring person, because it might get you an automatic cup of joe thanks to this fancy new coffee maker, provided you yawn in its face. The vending machine is a branded publicity stunt, as most free drink dispensers historically have been. It’s part of Dutch company Douwe Egberts’ “Bye Bye Red Eye” campaign.

Betabeat - Monday, October 7, 2013

Hedge Fund Legend Dumped Apple Shares After Reading The Steve Jobs Biography And Deciding Jobs Was A ‘Really Awful’ Person (AAPL)

At the start of the year, hedge fund legend Julian Robertson dumped his stake in Apple. Today, he’s explaining his rationale for the move, and it’s one of the strangest reasons we’ve ever heard.  He tells CNBC he read Walter Isaacson’s biography of Jobs, and came away thinking Jobs was a “really awful” person. “I came to the conclusion that it was unlikely that a man as really awful as I think that Steve Jobs was, could possibly create a great company for the long term. I just don’t believe bad guys—do well in the long run,” Robertson said.  He added, ... Read More

Silicon Alley Insider - Monday, October 7, 2013

Meanwhile, on Hacker News: Yakkin’ About the Debt Ceiling

Cool ominous clouds, God. (Photo by Mark Wilson/Getty Images) Sometimes, as the nation is in the throes of a divisive national debate or major news event, we at Betabeat find ourselves asking: What does Hacker News have to say about this? (They’ve always got something to say.) Prompted by this Washington Post article pondering why Silicon Valley doesn’t seem too bothered by the shutdown and general turmoil in D.C., Betabeat decided to take the pulse of the site and see what its august body of commenters were saying about the next big political panic, the debt ceiling debate. Take the discussion of this ... Read More

Betabeat - Monday, October 7, 2013

Verbase Is A Search Startup Using ‘No Ads’ To Lure Users To Fire Its Crowdsourced Engines

Has Google done enough annoying stuff to drive users elsewhere in search of other, less privacy-trampling search engines? Security focused rival DuckDuckGo apparently got a post-Snowden bump, as some users switched to punish Google for participation in the NSA’s Prism data collection program. So there would seem to be a degree of scope for user churn away from search category leaders. Perhaps more scope for alternative search engines than in a long time. Add to that, privacy-trampling isn’t the only complaint people have about Google either. Its penchant for self-focused spam by seeding organic search results with its own vertical ... Read More

TechCrunch - Monday, October 7, 2013

Star CNBC Producer John Melloy Leaving To Become CEO Of Social Finance Service Stocktwits

Here’s an interesting  move in the world of financial media… CNBC Executive Producer John Melloy — a star who’s been at CNBC for over 7 years — is leaving the financial network to be the CEO of Stocktwits, according a source familiar with the matter. Melloy has been in charge of CNBC’s Halftime Report as well as the very successful show Fast Money. Stocktwits — which was founded by Howard Lindzon — was an early player in social finance. It consists of an avid community of traders constantly tweeting ideas and news, as well as a network of highly respected ... Read More

Silicon Alley Insider - Monday, October 7, 2013

Pitch for CardFlight

Company / App Name: CardFlight https://getcardflight.com Twitter – What does it do? CardFlight connects mobile developers with payment processors, using a simple SDK with included hardware, clear documentation, and great support. Why do we need it? Your app needs an API to accept physical payments. We’re compatible with all the major merchant acquirers, so you can shop around for the best pricing. You control the user experience; we take care of the PCI-compliance. Who is it for? CardFlight is great for mobile POS and integrated solution developers across industries. What makes it stand out from the crowd? Unlike other ... Read More

The Startup Pitch - Monday, October 7, 2013

Courageous Blogger Strives to Improve All Dick Pics

A+ Sometimes, it feels like being bombarded with unsolicited photos of disembodied dongs via text message is just part of the crazy times in which we live. “Why?” you ask yourself, late at night when you receive a grainy photo of your hammered ex-hookup’s family jewels. “Why does he think this is acceptable?”

Betabeat - Monday, October 7, 2013

LinkedIn Is No Longer Just A Recruiting Tool — Here’s How Top Companies Are Using It To Drive Sales

LinkedIn is a powerful marketing and sales platform, if you know how to use it. The social network for professionals has attracted 225 million people from more than 200 countries, and its users are increasingly engaged LinkedIn users viewed 63% more pages on the mobile and desktop versions of the site in the first quarter of 2013 than during the same quarter in 2012. As a hub for professionals to network, LinkedIn presents tremendous potential for business-to-business (B2B) sales and marketing. In a new report from BI Intelligence, we analyze how LinkedIn could aid in sales efforts and expand opportunities, we tell you what you need to know about InMail, we look ... Read More

Silicon Alley Insider - Monday, October 7, 2013

10 Entrepreneur Milestones That Make Funding Easy

Every investor expects to see some business traction, both before and after a funding event. If you have been working 20 hours a day, and spent your last dollar, but have no results to show,… AlleyWatch

Alley Watch - Monday, October 7, 2013