Once-Mighty Myspace Acquired for Measly $35 Million

myspace acquired by specific mediaAfter months in search of a buyer, Myspace has finally been acquired. In an email to employees late Wednesday morning, CEO Mike Jones broke the news to employees in an email late Wednesday morning, according to TechCrunch.

Specific Media will acquire the fledgling social network turned social entertainment site for $35 million according to All Things D.

“Today, we are announcing that Myspace will be acquired by Specific Media, one of the world’s leading online media and advertising platforms,” Jones wrote in the email addressed to Myspacers. “Over the next few days you will be hearing from the team at Specific, including their CEO, Tim Vanderhook, regarding their exciting plans for Myspace and how it fits in with the overall vision of their company.”

Jones indicated in the email that a significant reduction in staff was imminent, adding that he would be stepping down as CEO of Myspace after assisting with the transition to Specific Media over the next two months.

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Google I/O 2011 Round-Up: Chromebooks and The Cloud

Google Engineering Director Chris Yerga introduces movie rentals on the Android Marketplace
Google Engineering Director Chris Yerga introduces movie rentals on the Android Marketplace

Google took us further into the digital media future with some compelling announcements at the fourth annual Google I/O developers conference in San Francisco this week. Recent Google I/O keynotes seem silly in retrospect — both Google Wave and Buzz were epic busts. But this year Google narrowed its focuses to it’s strengths, namely the Android mobile operating system and the Chrome browser and operating system. The gist was this: Use Google’s web-based tools and applications, combine with seemingly infinite storage space in the cloud, and bulky hard drives and desktop PC’s will become mere artifacts of our technological evolution. A Google account combined with a device running Android or Chrome OS will be all you need to do [almost] anything.

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Google I/O 2011: Music Beta App Announced and… Movies from the Cloud

Google officially announced its long-rumored streaming-from-the-cloud music app for Android and the web at Google i/o at Moscone Center in San Francisco. It’s currently free (it is in beta after all) — request an invite at music.google.com. No comment on whether or not Google has come any closer to offering streaming legally, as licensed by the labels and publishers. Another exciting announcement — you can now rent videos on Android Market at http://market.android.com/movies. You have 30 days to stream each rental via web or mobile tablet or phone ($1.99 – $3.99 per rental).

In other news from the opening keynote: To date there have been:
* 100M Android activations
* 400,000 daily activations on 215 carriers
* 200,000 available apps on Market

It took:
* 2 years to 1 billion app installs
* 5 more months to 2 billion
* now 4.5 billion app installs from Android Market

Honeycomb 3.1 coming soon to all devices
USB output
Ice Cream Sandwich – new Android OS – 2.4 – coming soon

…and all 5,000 attendees at Google I/O are receiving the Samsung Galaxy Tab 10.1 tablet (a special-edition model, a month before it hits stores)!

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My Phone Knows Everything About Me and I’m Cool With That

iphonetracker.jpg
Andrew Hyde gets around. The iPhone Tracker app confirms this. (Photo via flickr).

Andrew Hyde sold all of his worldly possessions last August and began a trip around the world. He makes no secret of this — its detailed on his website. We’re well aware that personal information becomes vulnerable whenever we agree to the terms of service of yet another fun geo-location mobile app as it typically utilizes information from the phone’s positioning to track real-time location. But this week, geodata geek and author Pete Warden released an open-source iPhone application that exploits a file in iPhone 4 (or iPad 3G) containing all recorded geographic data in the phone’s history.

The information is available without a password to anyone with access to a laptop that the iPhone in question has synced with, notes Hyde. iPhones and iPads on iOS 4 record approximate the data based on the devices distance from the cell tower it is connected to at any given time. Is this something to worry about? Not really. Unless you’re a criminal with a bullshit alibi — data from cellphones and other mobile devices have been used by authorities for years.

Thanks to a California Supreme Court decision in January, no warrant is required for authorities in our state to search cell phones or mobile devices of arrestees.

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Help Fundraise for One Economy: Bringing Tech and Internet to Communities in Need

Please click here to visit my razoo.com fundraising page or use the widget at right.

Online fundraising platform Razoo launched a new DonateAnywhere widget this month and I’m excited to be selected to the #ZooGooder team of a dozen or so chosen to lead a series of discussions on fundraising in the digital age of social media.

Join us for our first weekly Twitter chat at 6 p.m. PT / 9p.m. ET and. John Haydon will be co-hosting the first one. To participate, use your favorite Twitter client or service and follow the #zooGood hashtag.

In addition to these weekly chats, I chose to raise funds for One Economy Corporation with a goal of raising $8,000 by the end of the year. Not an easy choice given the breadth of my endeavors and pet projects and the 1.5 million or so fundraising causes listed on razoo.com. But after much internal deliberation and debate (and cross-research on sites like Charity Navigator) I decided that One Economy will have the most effective global reach with the money I raise as part of the #zooGood campaign. One Economy brings broadband into low-income households and builds and maintains virtual and physical community centers to provide underserved communities the training and tools needed to leverage the internet for information and local resources on education, jobs, health care and other vital issues.

More about One Economy in the video below:

This is a cause that I have long been passionate about and I am thrilled to have the opportunity to focus on it more publicly in the coming months. One Economy Corp is a top (4-star) rated charitable organization according to Charity Navigator and it has been expanding its geographic focus areas over its 10-years to cover the Middle East, Africa, and North America. More recently, One Economy launched PIC.tv, the Public Internet Channel website, which has boundless potential that I find very exciting as a long-time web producer and content creator myself.

So let’s see if we can hit $8,000 in two months, while helping to bolster One Economy Corp’s profile as a leading charitable protagonist for leveling the playing field, proliferating the spread of broadband and computer ed into underserved communities, and creating opportunities and local resources in cities and villages worldwide.

I’m dropping my first $10 in the bucket and you can too — the widget is on the right side of this blog. Your support is greatly appreciated – if you’d rather not donate money, thanks for reading this far and for your generous re-Tweet and/or Facebook share! You can also fan One Economy on Facebook and check out the Digital Connectors page (some of whom met recently with FCC chairman Julius Genachowski in SF).

Thanks and see you on the #zooGood hashtag!

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