Showing posts with label Twitter. Show all posts
Showing posts with label Twitter. Show all posts

Wednesday, November 26, 2008

Acquisition Dance Between Facebook And Twitter Over For Now?


It’s not the first time we’ve heard rumors about Facebook looking to acquire Twitter or about an impending deal breaking down. But this time, Kara Swisher over at BoomTown offers a bit of insight about the actual deal size. According to Kara (and her sources), Facebook was offering $500 million of its stock at the infamous (and ridiculous) $15 billion valuation to acquire Twitter up until 3 weeks ago.

Update: while Twitter CEO Evan Williams declined to comment on the rumors, we’re hearing that 20 percent of the offer that was made was in fact cash (which would mean $100 million in cash and $400 million in stock).

Apparently talks, which were reportedly initiated by privately-held Facebook, broke down because of doubts on behalf of Twitter investors and executives about the stock’s actual worth, the usual concerns that arise when acquisitions are made (like integration, duration, costs, etc.), and a strong belief that Twitter will ultimately be able to weather the economic downturn on its own. Also noted is Facebook’s concern over Twitter’s current burn rate and future revenue potential.

At the recent Web 2.0 Summit, moderator John Battelle asked Mark Zuckerberg on stage if Facebook would be interested in buying Twitter. The young Facebook CEO’s response was: “we’re really impressed by what they’ve done”, and that they have “a very elegant model”.

We’re trying to get more out of the companies and will update this post if there’s anything else to add.

For comparison: Facebook has raised $516 million in funding to date, while Twitter is backed by $20 million in investment. Twitter boasts 6 million active users, while Facebook reports more than 120 million.

Noteworthy caveat: serial entrepreneur and angel investor Marc Andreessen is sitting on both sides of the fence, being both an early investor in Twitter and a member of Facebook’s Board of Directors.


Resource - TechCrunch

Saturday, October 11, 2008

IM: Not coming soon

In October 2006, just three months after Twitter launched publicly, we added IM support—i.e., the ability to get and send tweets via XMPP/Jabber/Google Talk. I was a big fan of this feature, because this interface, which millions of people were already familiar with, seemed a perfect fit for Twitter’s real-time nature.

In December of 2006, we extended that support to AIM, enabling a much bigger number of users to interface with Twitter via the same system they talk to their friends on all day.

While off to an early start, since then, our IM feature has been, well…spotty. We first killed AIM support after struggling for months to make it reliable (which was a side-project to trying to keep the service as a whole reliable). And our Jabber support has been up and down until about four-and-a-half months ago when it’s just been…down.

We’ve been unclear about its status and what to expect; I want to clarify that now.

First: I know a lot of people love this feature. I’ve heard personally from many folks who say it’s critical for their enjoyment of Twitter. So it kills me that we haven’t been able to deliver on this consistently. And the bad news is, we don’t have a quick fix.

A New Way of Doing Things
If you’ve been using Twitter for a while, you’ve probably noticed that things have gotten much more steady on the Twitter ship in the last few months. There’s a lot of reasons for this. Besides some key hires and herculean efforts from top-notch engineers, there’s been a conscious decision to try and not make promises we can’t keep. That is, we want to be solid on our current offerings before adding to the load and getting in a precarious situation again.

The fact is, our infrastructure for IM was never ready for prime time. Like a lot of things, it was built rapidly when we were small and had to be completely re-thought in order to support a much bigger user base. Since we were (famously) having trouble keeping up with that demand in the core service, IM, which was used by a minority of users, always got the shaft.

Startups are all about launching things that are not ready for prime time—because startups don’t live in prime time. You can always rush to make something ready if people like it. Except when you can’t. The process of going from being able to throw things at the wall and see if they stick, to really thinking carefully about how something’s going to scale and effect the system as a whole, is an inevitable evolution that companies go through (if they’re successful). Sometimes they do it gracefully, sometimes less so.

To summarize, we want to bring IM back. We intend to bring IM back. But we’ve officially moved it from our Things That are Broken list to our Things We Want to Build list. Based on our analysis, the cost-to-benefit for IM for the most users is not as high as some other things—so it will be a while before we tackle it. Like any budget (in this case, the budget of our limited engineering time), tough calls need to be made—especially in these times. And while we don’t expect everyone to agree with this decision, we at least want to be straightforward with you.

Sorry we haven’t been very communicative on this before. Saying it was “coming soon” was more of a case our our wishful thinking (that we would get to it real soon now) than wanting to mislead.

Thank you for your understanding and patience.

-Evan Williams

p.s. - Like other features that Twitter doesn’t have natively, IM support could be built by a third party using our API. In fact, it has been: Check out excla.im. It may or may not be ready for prime-time either, but it’s very promising. (Hi, @harper!). (There may be others.)

Resource - Twitter

Friday, October 10, 2008

Eye-Fi Manager update released today

Playing with beta versions of Eye-Fi hardware and software is more than just part of my job, it is a perk that I for one enjoy. Over the summer I had the opportunity to use and provide feedback to the development team about all of the new features and enhancements released today in the Eye-Fi Manager web application. The committed Eye-Fi development team have once again demonstrated how hard work and long hours serve to make the Eye-Fi experience better than ever. The new Eye-Fi Manager web application release is automatic, the next time you log in you will notice several new features. Here is a brief description of what we added today.

Service Upgrades
New enhancements to the Eye-Fi Manager web application now allow “Eye-Fiers” with Eye-Fi Home and Share Cards the ability to customize their cards by adding Geotagging, Webshare and Hotspot Access service upgrades. Adding an upgrade is as easy adding a network profile to your card. Open the settings page in the Eye-Fi Manager and choose the upgrade you want. You’ll be taken to the new online Eye-Fi store where once you provide the necessary information, your Eye-Fi Card will automatically be upgraded with the new service(s). Cool eh?

Twitter support and RSS feeds
In addition to the online store we have added Twitter integration to the Eye-Fi notifications panel. Twitter is a free social networking and micro-blogging service which allows its users to send and read others users’s short text-based updates. Twitter integration allows you to let yourself and others know when you have new photos to share online. Not being satisfied with Twitter updates we also added the the ability to set up RSS feeds. The Eye-Fi Manager Accounts page now contains an RSS control panel where you can setup RSS feeds for a variety of RSS aggregators. Now your Eye-Fi Card can be used to publish photos in a live real-time feed via the RSS to the aggregator of your choice.

Mobile Me and Adoramapix
We have also added integration with Apple’s MobileMe and Adorama’s Pix. MobileMe members will now be able to send photos from their camera to their MobileMe Gallery which can then be viewed by friends and family on the Web, iPhone, iPod touch and Apple TV. Adorama Pix users will be able to to upload photos directly from their camera to their AdoramaPix account, where they can edit, share and make prints.

Online Store
Service upgrades are only part of the story, for the first time Eye-Fi will be selling Eye-Fi Cards directly to users and www.eye.fi site visitors. Visitors to www.eye.fi can now purchase an Eye-Fi Card directly from Eye-Fi. The addition of the online store adds yet another place for folks to find and buy an Eye-Fi Card. Eye-Fiers with an Eye-Fi account will also be able purchase additional cards directly through the Eye-Fi Manager web application in addition to adding services as mentioned earlier.

Share your thoughts
Combine all of these new features and enhancements together and you have the result of a lot of hard work, development and testing designed for the purpose of making the act of sharing photos easy and more flexible than ever before. We welcome your thoughts and ideas so we decided to make it easier than ever to “keep in touch” with us. A new Eye-Fi Forums link has been added to the Eye-Fi Manager Home page. The newly redesigned Eye-Fi Forums are just a click away, so drop us a line and share your thoughts. Stay tuned for future posts where we will be providing specific details and descriptions about many of these features. The fruits of this summers labor are yours to use and enjoy courtesy of the Eye-Fi crew. Now go forth and take pictures.


Resource - Eye-Fi