Wednesday, 3 August 2016

Here's who might buy Twitter

Twitter's logo featured in the lobby of its San Francisco headquarters.





There are several rumors swirling about Twitter being a prime acquisition candidate. At a market cap of $12+ billion or so, it's not an easy company to swallow. But it would not be beyond the ability of many to do so. I have no inside information on whether the rumors are true or not. But since the rumors are out there, let's do a little speculation about who might snap it up and why.


3 reasons Twitter would be a good target


The first question to ask is, what would someone get by acquiring Twitter? There are three key reasons Twitter could be attractive. First, Twitter would offer some company a large installed base of users (>300 million, I believe) to serve ads and/or upsell additional services/products to, although that might be difficult given that most Twitter users are happy with consuming a free service. But even if an acquiring company could convert 5%-10% of users, that could be a substantial revenue stream.


The second reason to acquire Twitter would be for an analytics-capable play - the ability to analyze the feeds and take advantage of data showing what's trending now. Such information could be valuable in ads, but also in developing market intelligence.


The final reason Twitter might be attractive is that it could offer a searchable database of users based on their profiles. There is a lot of potential information to be had in the user descriptions if you could find a way to monetize it.


So that's the why. But what about the who?


Possible bidders


I can think of several companies that might find Twitter an attractive acquisition. I won't talk about the number of dollars needed, as it will likely be a bidding war if it happens. But here is my short (or not so short) list of potential suitors who could take advantage of Twitter and afford the price:


Microsoft. It would add to its Skype and LinkedIn franchise by including a live stream of information. Microsoft could also roll Twitter tech into future Windows products. And it might see this as a way to counter Google as well as attract more mobile users (a growing segment for Twitter).


Google. Google hasn't exactly set the world on fire with its own Twitter competitor. So this could be a good way to get more detailed trending info on what people are talking about and serve ads accordingly. Google certainly could use its analytics prowess to gain (and monetize) intelligence from Twitter users. And it could help Android compete with Apple's embedded social products


Salesforce. Having lost out on bidding for LinkedIn and probably NetSuite, this could be a way for Salesforce to become more competitive in the streaming information market, where it could focus Twitter on the business market as an extension of all the things Salesforce already provides. And the company could likely charge a monthly fee for a premium product and market it to its extensive installed base.


Amazon. Amazon wants more apps to enhance its online sales and also to supplement its huge cloud-as-a-service offerings (not wanting to be only a “dumb host” for cloud systems). Twitter could also be a good addition to Amazon's ecommerce offerings as well as enhance its Fire line of products.


And a few less likely suitors …


Apple. Apple could use Twitter to add to its platform for messaging and create a more “walled garden” for its user base, as well as use the analytics capability it could gain from monitoring Twitter feeds.


Facebook. Twitter would help Facebook consolidate market share and become the defacto social powerhouse.


AT&T or Verizon. Either of these could use Twitter to enhance user “stickiness”. But Verizon just spent a good deal to buy Yahoo and probably doesn't have the appetite for such a big acquisition right now even if it's complementary to AOL/Yahoo. And AT&T has still not fully leveraged its recent DirectTV acquisition. So neither seem likely candidates at this point.


Cisco. Cisco could potentially tie Twitter into its WebEx social platform and make it a business tool. But Cisco has not had the best success with such acquisitions and seems more focused right now on other avenues (like IoT and security).


There are some smaller players who might also gain advantage by acquiring Twitter, but I'm not sure they could pull it off given the high valuation of any acquisition.


Will any of this become real? My crystal ball is not good enough to make a certain call. But I'll bet there is a lot of backroom work going on right now, and I would not be surprised to see this happen in the near future.


Jack Gold is the founder and principal analyst at J.Gold Associates, an IT analyst firm based in Northborough, MA., providing research and analysis of the many aspects of business and consumer computing, and emerging technologies. Follow him on Twitter @jckgld or LinkedIn at http://ift.tt/1VVPAQ9.


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Facebook adds shopping and services sections to Pages

facebook.shutterstock_316850861




Facebook has begun rolling out new sections for pages designed to promote the goods and services merchants are selling. With more than 60 million businesses with a presence on Facebook, there has to be more incentive for you to buy from them and these new sections could make that possible.


Facebook services section on pages


Above: Facebook services section on pages


Image Credit: Facebook


With the shop section, businesses can display products they're selling on their page which will enable people to not only search, but make offers through Facebook Messenger. To start with, it'll only be available to pages in Southeast Asia and other “high growth and emerging markets,” such as Thailand, Brazil, Vietnam, Indonesia, Malaysia, Mexico, Philippines, India, Argentina, and Taiwan.


As for the services section, this is available globally to professional services providers, enabling them to showcase what they can do. It'll be rolled out to all pages in “the coming weeks.”


The addition of these sections is Facebook's way of showing why businesses should have a presence on the social network. It's also a clever ploy to showcase the potential of not only pages but Facebook Messenger, the app the company has touted as the next step in how we interact with businesses.


While these new sections aren't exactly showstopping, they are important nonetheless because perhaps that business isn't able to create a standalone website? By having a Facebook Page, they're able to have that real estate on the web in a place visited by more than 1 billion people daily, especially on mobile. Enabling merchants to show off their goods and services right on their page can lead to more conversions and interest.


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Facebook reveals its Area 404 hardware lab

Facebook's ·         Spencer Burns, a CNC model maker at Facebook, talks about the company's five-axis vertical CNC milling machine during a tour of the company's Area 404 hardware lab in Menlo Park, California.




In one building of its sprawling Menlo Park, California, headquarters, Facebook has erected a 22,000-foot laboratory where many teams can come together to build and refine hardware. It's open to the Facebook infrastructure team that works on data center gear, the Oculus team building virtual reality gadgets, the Connectivity group working on drones to beam down internet from the sky, and even Regina Dugan's secretive Building 8 hardware research division.


Facebook has had various facilities that employees can tinker around in. At one time, the company used a mail room at its old Palo Alto headquarters for that purpose. But now there's a more holistic, integrated spot, with more than 50 workbenches and an impressive assortment of equipment. Facebook has been building its Area 404 lab - thus named because for a long time a lab of this type was “not found” - for the past nine months, and employees are just now starting to move in.


You can't see what's inside the lab from the hallway outside, because the windows are covered up. But it's not as if Facebook has hidden this facility in some remote place. It's right on campus, and software engineers are working just above the lab on the second floor, Spencer Burns, a CNC model maker at Facebook, told reporters during a media tour of the facility this week.


Burns emphasized that it's not very common for companies to let outsiders into labs like this. And that's true - Apple and Microsoft only rarely permit non-employees to access their labs. But Facebook has historically been more transparent about its hardware than other web companies, with initiatives like the Open Compute Project, the Telecom Infra Project, and the Surround 360 video camera.


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Facebook's ·         Spencer Burns, a CNC model maker at Facebook, talks about the company's five-axis vertical CNC milling machine during a tour of the company's Area 404 hardware lab in Menlo Park, California.


While Burns said that there are currently no plans to let researchers from other companies set up shop and use the tools on site, the company did allow reporters to take a look around, just as it has let reporters visit its data centers. The facility stocks a nine-axis mill-turn lathe, a five-axis vertical milling machine, a five-axis water jet, a sheet metal shear and folder, a CNC fabric cutter, a coordinate measuring machine, and an electron microscope and CT scanner, as Burns and Facebook mechanical and power manager Mikal Greaves wrote in a blog post.


With all of this, Facebook can more easily create small and large things quickly, and then redesign and reproduce as necessary. There's no need to send off a design to the other side of the world. Manufacturing can even be done for small quantities, Burns said.


This facility will operate in addition to Facebook's other labs, like the Oculus lab in Seattle, the laser communications facility in Southern California, and the Aquila site in the United Kingdom. Given this level of investment, it's apparent that Facebook is not planning to power down its hardware development anytime soon. And that's important, given that not five years ago, Facebook was just another site that you went to on your computer. It will be fascinating to see what types of hardware the company comes up with in the years to come.









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Tuesday, 2 August 2016

Report: Snapchat is making scannable codes for the real world


Snapchat is reportedly developing a new form of QR code that opens unique content in-app when scanned. According to The Information, Snapchat's scannable codes could be found just about anywhere: a box of canned soda, movie posters or even in-store advertisements. They may also carry discounts on goods or services, possibly through a coupon that pops open in Snapchat. Like geo-stickers will do for location, these new codes will provide metadata. It may even be a way for Snapchat to monetize its userbase. The scannable codes are said to launch this Fall, though the source claims the project may be…


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Monday, 1 August 2016

Trump vs Clinton: A tale of two different AMAs

U.S. Democratic presidential candidate Hillary Clinton takes the stage for a campaign speech outside the shuttered Trump Plaza in Atlantic City, New Jersey July 6, 2016.




We're less than 100 days until U.S. voters elect the person they want to succeed Barack Obama as president. And as we inch closer towards November, both candidates are taking their message everywhere, both off line and online including leveraging popular services to interact with supporters.


One tool that has become important is the ability to “Ask Me Anything” (AMA), which Republican presidential nominee Donald Trump took advantage of last week, mid-way through the Democratic National Convention (DNC). For an hour, he responded to questions on Reddit in a session organized within one of the site's political sub-Reddits which was made up of supporters. But contrast how the GOP candidate did what was supposed to be an AMA versus his opponent, Secretary Hillary Clinton, who has taken to Quora for perhaps a more professional discussion of the issues and you'll get two different tales.


When Trump held his AMA, moderators enacted what it considered “security measures” designed to maintain the quality of the community “free from troublemakers.” These weren't official Reddit rules and the moderators were free to set up rules and guidelines as long as it adhered to the service's content policies. In order to ask a question of the candidate, users needed to be older than 30 days old and have more than 500 “combined karma.”


Clinton, on the other hand, has opted to pursue an AMA free of such extra security measures. Her, along with running mate Senator Tim Kaine, will participate in a session next week and have asked the Quora community to submit questions ahead of time. But it's all about perspective: Quora's mission is about sharing and growing the world's knowledge and as such it's a social network for professional discussions compared to Reddit where some topics and descend into more controversial and bizarre topics.


While Trump's Reddit AMA had measures in place, Quora chief executive Adam D'Angelo told VentureBeat that Clinton's session will not, but he feels confident that the Clinton and Kaine event will go off without excessive trolling. D'Angelo explained that Quora doesn't have special rules in place - it's one set of conditions for everyone on the site - and believes that the quality of conversations will be high because those in the community adhere to its policy of “be nice, be respectful.”


Clinton and Kaine aren't new to Quora, but D'Angelo admits that this is the first time that the site has had a presidential ticket from either party do an AMA-like event right after a party convention. He also said that the service would welcome participation by Trump and his running mate, Indiana governor Mike Pence.


So far, more than 36,000 people are following the Clinton and Kaine Quora event which the Democratic presidential and vice presidential candidates will respond to on Monday, August 8 starting at 9:00 a.m. Pacific. Questions already being asked include what the Democratic ticket thinks of Black Lives Matter, the policy on China, how to make college education more affordable, Clinton's stance on H-1B visas, appealing to supporters of Senator Bernie Sanders, why Clinton hasn't held a news conference in 200 days, the issue around Clinton's Goldman Sachs speeches, dealing with ISIS, and the Trans-Pacific Partnership (TPP).


On the flip side, Trump's Reddit AMA were filled with questions from disenfranchised Sanders supporters, Clinton's lack of press conferences, media bias, Obamacare, voter fraud, NASA, WikiLeaks and Net Neutrality (which Trump declined to answer), or if he's getting tired of winning.


While Reddit is accustomed to dealing with a diverse audience and commenters, in an election year filled with polarizing candidates, can Quora's self-policing community and professionalism hold up when Clinton and Kaine kick off their AMA? D'Angelo puts his faith in the service's ability to minimize trolling: “We can handle it.”


We'll see.














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How to Create a Mind-Blowing Instagram Video Strategy


How to Create a Mind-Blowing Instagram Video Strategy


With over 500 million active users per month, and more than 20 billion photos and videos shared, Instagram has become the emerging social media tool in the marketing world.


Recently Instagram got a makeover, and changed its logo. But did you know, along with the logo changes, there were a lot of other BIG changes.


From introducing new business profiles, to the unveiling of the new tools, and the one I'd like to talk about today – increasing video length from 15 seconds.


Instagram increased the 15 second limit of its videos to a whopping 60 seconds in length.


Instagram for Instagram video strategy


Image Source: Tech Crunch


Instagram and video marketing are now even more of a match made in heaven.


To help you stay up to date with the ever evolving Instagram and to make your video marketing strategy a success, I have put together few tried and tested strategies adopted by the famous brands to excel in Instagram marketing. 


Know the Instagram culture


Ever heard about cross-cultural marketing mix fails? The reason behind these failures is when you market a product without knowing the culture of a specific region.


When Pepsi expanded their market to China, they launched with the slogan, “Pepsi Brings You Back to Life”.


What they didn't realize is that the phrase translated to “Pepsi Brings Your Ancestors Back From the Grave”.


This may seem like a pretty funny mistake… but to Pepsi, this was a huge blunder, especially when you're trying to build a brand on a global level. Yikes!


So always try to contact a native before marketing in any other country.


How Instagram is different


Likewise, all the social media platforms have a different type of audience, and using each and every platform is different.


One mistake brands make is to think that Instagram and other image-sharing sites and applications are all interchangeable; they're not. Each one has its own culture.


Instagram is the site where brands show fans who they are; it's about shaping perceptions about a brand's personality.


On Instagram, you only have 60 seconds to explain your product and grab the attention of the audience, and writing long captions can be a major fail because it's a platform where people share images and videos.


Starbucks, a top brand on Instagram, clearly gets the culture. In curating their brand story, they're definitely playing the role of your fun, artsy BFF. Virtually every video and photo are clearly branded in some way – whether it's a shot of a paper cup elaborately embellished by a fan, or just a distinctive green straw poking through a mountain of whipped cream.


They manage to avoid seeming too commercial. This is largely due to the fact that Starbucks displays so many fan-created images. Not only reframing fan images helps the brand build a sense of community, it also helps prevent the brand from seeming too “corporate” by making the visual aesthetic more varied.


visual aesthetic more varied for Instagram video strategy 


Understand the ins & outs of Instagram


To be successful on Instagram using video marketing, it is very important to know the insights of the platform.


One of the most important things a brand can do is to make sure that customers have all the information they need to find them, follow them, and connect with them on both Instagram and other platforms.


Fill out your profile, fill out your bio, and make sure you have a clear link to your main site. And, by the same token, make sure that visitors to your main site know that they can connect with you on Instagram.


The main idea behind Instagram is sharing videos and images to build your own credibility on the platform. You can ask other famous brands to give you a shout out and to get reviews. Also, ask your fans to create testimonial videos because it means a lot to any new follower.


Key tools to be used


Another key tool is hashtags: successful brands use them, and use them effectively. Some of the most obvious tips for best practices include:



  • Keep your hash tags focused. The Instagram blog uses the example of “#van” versus “#vwvan.” The latter focuses the search, while the former leaves the user wading through all types of vans to get to the brand they're looking for.

  • Use hash tags selectively. Cluttering up your post with a dozen tags suggests a lack of direction. Edit your tags down to the most relevant.

  • Watch out for language fails. When words are smashed together, they can become difficult to parse the sentence the way the writer intended.


Post videos worth watching


Instagram gives you the unique chance to tell great stories through visual content. Instagram videos are highly effective at telling your brand's story within 60 seconds. Storytelling is an amazing way to market your brand and create engaging images or videos.


Get creative when it comes to standard marketing techniques by showcasing your brand or services in a new light. This isn't to say you need to completely rebrand yourself, but instead, try to show your brand's versatility.


The best way to make your product stand out from the competition is to create animated explainer videos because animation is the best when you have to explain complexity in a short period of time. Considering you have a small budget, these videos are low cost when compared to live action videos, so for all the startups out there this is a must try startup strategy.


How-to-videos


What better way to add value than to create a short video showcasing how to solve a common problem or just teaching people how to do something new.


You can take this a step further by using your own products in the videos you create. Sometimes it's easier to show how your products can be used with a video instead of just a user manual.


Don't settle for static images. Go dynamic by using the power of video to get the maximum conversions and signups. Since Instagram videos are bite-sized, people are much more likely to watch them. Tastemade and BuzzFeed are both great examples of how-to videos on Instagram.


how to od videos for Instagram video strategy


Know the right use for video


On Instagram, there is no option of scheduling a post so you should post your content very smartly. I know I have mentioned many times that quality matters much more than quantity. It's prudent to try to post often and during optimal times, and especially when you're sure that your audience will find your post.


Also, quality content keeps your audience coming back. According to research from Union Metrics, data showed that on average, most brands post 1.5 times a day on Instagram. However, the research stated no direct correlation between post frequency and engagement rates.


Increase your visibility


Having a great video and using your video efficiently can be a real challenge in increasing your conversions and sign ups. It is essential to post three to four times a day as this doubles your visibility and credibility. increase your visibility for Instagram video strategy


Give people a reason to follow you


Sitting around, waiting for users to follow you might not get you very far. On the other hand, when you find different avenues to promote your Instagram account, you increase the chance of getting discovered. Once you have a visitor on your profile page, you want them to stick around, so give them a strong reason to hit that follow button.


One way to do this is to directly reward visitors for connecting with your brand on Instagram. For example, juice brand Bolthouse Farms, created an Instagram campaign in which users got a $1.50 coupon for uploading photos of Bolthouse products or other Bolthouse imagery.


By asking participants to use the hashtag “#carrotfarmers” along with “#gotcoupon”, Bolthouse was also able to drive awareness of what it feels is one of its most marketable features as a brand – the fact that it produces juice using carrots from its own farms.


Create compelling content


But this does not mean that you have to reward visitors all the time. You can also generate traffic by posting compelling content. Offer behind-the-scenes glimpses. Give followers sneak peeks of upcoming products or services. Be relevant to their interests.


Most importantly, remember that emotional content is shareable content and trust me; the best way to express emotions and feelings in 60 seconds is to make an explainer video, because animation has the power of unleashing the emotions.


create compelling content for Instagram video strategy


Don't dismiss Instagram analytics


Identifying where you are among the crowd can have serious payoffs for your social media strategy. By using tools such as Sprout Social you can easily calculate the analytics. Their Instagram analytics tools have the ability to:



  • Track post performance

  • Monitor Instagram trends

  • Track comments and hashtag usage

  • Measure audience engagement

  • Identify influencers

  • Report across multiple profiles


Analytics can tell you what's working and what needs improvement. Over time, you can build a large scope of data to track and measure performance. It's critical to know when and how your audience is engaging with your Instagram content.


don't dismiss instagram analytics for Instagram video strategy


Wrap


As video on Instagram continues to develop and grow, there's going to be even more opportunities for marketers to reach audiences. The company rolled out video ads to advertisers, which is a whole new element to explore.


But you don't have to wait. Be an early adopter and start putting all of these awesome tips and strategies in place right now to grow your social media presence with Instagram video marketing. 


Guest Author: Mehroz Khan is an Entrepreneur and Co-founder at Videoexplainers-Video production company. He is a blogger, strategist, social media marketing specialist and growth strategist. His expertise includes marketing and video production. He regularly writes on Videoexplainers where he talks about explainer video, its various business advantages (increased website conversions, high sales, qualified leads, and facilitating customers' understanding level) and the massive video impact on the customers. Follow Mehroz on Twitter: @mehrozanwer, connect with him on LinkedIn: Mehroz Khan or email him at mehroz@videoexplainers.com.


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Google's Project Ara founder creates a smart lamp to teach you better habits

Peak smart lamp




We're always looking for ways to motivate us around learning new behaviors, whether it's reading more, getting exercise, or even spending time writing. Perhaps the obvious place to turn to for help is technology and a new company has developed a lamp that it believes contains the keys to enabling positive habits within ourselves. Called Peak, this device is now available through a Kickstarter campaign and is the brainchild of Dan Makoski, the founder of Google's Project Ara initiative, and David Khavari, a former associate at Andreessen Horowitz.


Whether it's working out, running, spending time with loved ones, practicing a musical instrument, meditating, or anything else, the Peak lamp promises to help you build these patterns thanks to its smart technology. “Peak is a lamp and a conversation,” Makoski explained to VentureBeat. “At a fundamental level, you tell Peak a goal you're working on, and it breaks it down into small habits and encourages and celebrates you as you make progress.”


Peak in development


The idea behind Peak came from issues Makoski and Khavari encountered while working in the financial space - following his departure from Google, Makoski joined Capital One to work on mobile design while Khavari previously served as an associate product network at Upstart Networks. Both were working on ways to encourage people to take control of their financial behavior, but ultimately felt they weren't making a big enough impact.


Peak connects to your smartphone, enabling you to stipulate whatever habit you want. Touching the lamp will instruct the system to send you an “encouraging” text message with the aim of getting you one step closer towards the goal you want to hit. After completing that step, touch Peak again and it will record your progress before “celebrating” your success with a light show.


“Both light and text messaging were chosen because the literature supports their efficacy,” Makoski said. “Light is an unobtrusive, natural trigger, and text messages have the highest open and reply rates of common forms of digital communication. From a higher level, it just feels like friends text you and apps send you push notifications. So we wanted to stray away from the standard app feeling.”


The company views their product as more than a lamp - it's a platform. Makoski shared: “Our vision is to unlock people's potential through great habits, much like the vision of Nest is to learn how to make the home simple, safe, and efficient. We're instrumenting the platform to learn what factors play the greatest role in influencing positive action. We're looking at everything from time of day, size of steps and rhythms of routines, to the brevity, humor, use of emojis, personality and level of encouragement of our conversation.”


Designing Peak smart lamp


Following Peak's launch, it's envisioned that this smart lamp could see placement in offices for leadership teams, hospitals for chronic patients, and more. The company is also exploring the possibility of opening up its platform to developers and industry experts to “share their skills, knowledge, and insights to everyday people.” Of course this will all depend on the success of its Kickstarter campaign, which looks to raise $50,000 for the device.


At first glance, Peak isn't your conventional lamp that you'd pick up at Target or IKEA. However, it fits into a design pattern that Makoski brought with him following his days working at Google's Advanced Technology and Projects (ATAP) group and at Capital One: “While doing our research, we realized light has a powerful effect on the human psyche – in the morning, blue tones can facilitate attention and wakefulness, and in the evening, amber hues engender relaxation and calm. From a design perspective, we like light's subtlety,” he said.


“To create the form itself…we had 4 designers from around the world create first takes, and we selected one to work with to create the final design. Ultimately we came to a mountain-like form that we call The Spire. We feel it's beautiful, and in our early testing it evoked a lot of great associations for people, from Mount Everest, a common symbol for achieving goals, to an iceberg, 90% submerged, like the latent potential that so many people need just a small nudge to unlock.”


Peak cofounders (left to right) Dan Makoski and David Khavari.


Above: Peak cofounders (left to right) Dan Makoski and David Khavari.


Image Credit: Peak


Should its Kickstarter campaign be fully invested, Peak estimates delivery of its smart lamp to early backers some time in March 2017. However, if you're a “Peak Partner” and pledge more than $4,999, you could receive it as early as September.


With so many options out there to adjust our habits, will people be receptive to Peak? Makoski thinks it should be given a chance because “it's fundamentally different than the other options out there. Most habit-related technologies offer solutions that assume tracking functionality and punishment are the keys to forming new habits…We believe encouragement and tiny habits create the solution to forming new habits…Peak is psychological.”


“Like the decoding of the human genome, we're trying to decode human behavior and habits,” he said.


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