Friday, 28 August 2015

Bash For iOS Makes It Easy To Organize Hangouts With Friends

By 06:36
 

A group of high school friends, now UC Berkeley engineers, have created an app called Bash to make it easier for friends to organize hangouts, meetups and other events. Launching today on the App Store following a small beta test on the UC Berkeley campus, the idea with Bash is to offer a less cumbersome alternative to using text messages or emails to organize these sorts of activities by allowing users to post event details, invite others, comment and quickly RSVP while also keeping track of who’s attending an event, receive notifications about changes, and more.
Explains Bash co-founder Danish Shaik, the team behind Bash has been working together on various projects since the beginning of high school, including their TechCrunch SF 2013 Hackathon win with Spruce, a dictation service for online reading. Shaik says that as the team moved on to college, they found themselves messaging each other constantly in order to arrange get-togethers, but the process soon became frustrating.
“Rather than ending with a time and a place, those conversations ended with hundreds of unrelated messages and a confused group of friends,” says Shaik. “Messaging wasn’t made for organizing hangouts, so we built a platform that was.”
The app itself works something like a standalone version of Facebook Events, as it allows you to create an event with just a few taps, by filling out things like the event name, location, time, and description. To get started with the service, users sign up with their Facebook account information and then confirm their phone number via text.
For those who had already been invited to events via Bash before installing the app, their feed will automatically populate with their list of upcoming activities. In addition, to cater to its local crowd, Bash is launching today with a “Berkeley” tab aimed at those new students just starting school who want to invite friends to various “welcome week” activities.
Unlike some of its prior competitors, Bash also works with those who don’t have the app installed. In that case, event organizers can invite friends by text message, which will link out to the Bash web version. Here, friends can view the event details and RSVP without downloading the app.
However, for those who have the app on their phone, it’s even easier to respond – you just swipe on an incoming iOS push notification to indicate whether you’re “Not Going” or “Going” to the event in question.
While there have been a number of attempts in the past to make it easier to find or organize hangouts between friends by way of a dedicated mobile app, including apps like Wigo, Ketchuppp, Jigglist, Gather, Weotta, and more, there hasn’t been a breakout hit in this space beyond Facebook Events or perhaps Meetup.com for more public group activities. In fact, Facebook Events has grown so large – it now has 450 million users – that’s it’s said to be next in line to be broken out into its own standalone app, following Facebook’s similar moves to break out Messenger and Groups into their own apps.
That could prove challenging for a smaller startup like Bash, which will need to figure out a competitive advantage. In the future, that could be working to partner with other organizations through its “special activities” tab, like it’s doing now with Berkeley, for example. Or it could ditch the Facebook login requirement in order to offer users an alternative way to organize or join events outside of the large social network – something that could appeal to the college-age demographic which is gravitating toward private mobile messaging apps rather than the bigger, more public social networks like Facebook when it comes to communicating with friends.
Bash was built by Shaik along with Zuhayeer Musa and Jimmy Liu, while they attended school and during the summer, following their participation in UC Berkeley’s Foundry incubator on campus. The app was privately tested with 100 people on the UC Berkeley campus ahead of today’s official launch. The startup is currently bootstrapped and free to download from iTunes. An Android version is planned.
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LG’s 10-Inch G Pad II Sports An Enormous Battery And Other Improvements

By 06:36


LG is going all-in on battery life with the second version of its G Pad tablet that was just unveiled today. The device itself won’t surface in the flesh until the IFA electronics show next month in Berlin, but already we know one thing about it: its battery is huuuge.
The G Pad II measures in at 10.1 inches and is powered by a whopping 7, 400mAh battery. That’s the largest capacity on the tablet market, and is sure to keep the device’s 1920 x 1200 WUXGA display — another step up on the original G Pad — powered for a day or so of usage. Elsewhere, a 2.26GHz quad-core Snapdragon 800 processor from Qualcomm and 2GB RAM provide the engine, while Android 5.1.1 Lollipop is installed out of the box
The tablet includes a fairly average rear-facing five-megapixel camera and a two-megapixel camera on the front, while there’s 16GB of internal memory — which is expandable via a micro SD card for those keen on additional space. The company is also throwing some freebies from Microsoft: Office for Android and two years of 100GB OneDrive storage.
Price is probably where it counts most in the tablet and Android markets, and LG is keeping that quiet for the LG Pad until IFA kicks off on September 4. While it certainly isn’t as glamorous as the iPad, the device could be a useful workhorse, particularly for enterprise customers or those seeking a family tablet, assuming that the price is sweet enough.
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Mobile Exits Drop Below Investments For First Time Since 2015

By 06:35

It’s been party time for mobile, with massive growth and disruption helping VCs to raise huge funds, entrepreneurs to raise massive rounds, and valuations to skyrocket. With 89 mobile Internet unicorns now worth almost $1 trillion, it’s no surprise that folks from Silicon Valley to Shanghai are asking what’s going on with return on investment (ROI).
While there are many ways to measure ROI, let’s look at the ratio of exits to investments, the total amount invested and ROI across all 27 mobile sectors for the last five years.

The Downward Road Is Crowded

Exits to investments ratio
In early stage markets, more money is generally invested than comes back to investors. So, as expected, the ratio of exits (M&A + IPO) to investment for mobile Internet stayed below 1x through 2011. Exits began to heat up in 2012, with investors seeing more than 3.5x the money invested coming back by the end of 2013. The first half of 2014 also saw an almost 3x ratio.
The last four quarters saw the ratio of exits to investments plunge dramatically (note: this excludes the outlier Facebook/WhatsApp deal), falling below 1x in Q2 2015. In other words, less money came back to mobile investors than went in the last quarter. What’s going on?
“Be fearful when others are greedy. Be greedy when others are fearful.” — Warren Buffett
Investments
The global financial crisis took its toll, and despite iPhone-led exuberance, it took years before the investment community as a whole really understood mobile. Up to the first half of 2013, mobile Internet investment never got much above $2 billion a quarter, with the smartest risk-loving investors getting in on the ground floor.
Then everything changed, with mobile investments skyrocketing to a record $50 billion invested in the last 12 months. FOMO (Fear of Missing Out) has been a powerful motivator, with deal sizes and valuations going through the roof for the last two years.
Exits
The mobile Internet exit (M&A + IPO) market stayed in the low single-digit billions of dollars per quarter from 2011 to mid-2013. It took off in the second half of 2013, cresting at just over $25 billion by the middle of last year.
But then the market began to turn. Mobile IPOs started to dry up. While mobile M&A continued to grow until Q1 2015, it dropped dramatically in Q2, toward 2013 levels. Combined exits have now fallen steadily (excluding Facebook/WhatsApp) for two straight quarters, and are half what they were at their peak.
“No one remembers who climbed Mount Everest the second time.” — Na Nook
Return on Investment
“If you can return 3x on your portfolio before management fees and carry, you can deliver 2.25-2.5x net to your investors and over a ten year period (with an average investment duration of 5 years), that is an acceptable return to the LPs (18-20% IRR).” — Fred Wilson
As well as the 3x ROI Fred describes, let’s consider where the money has been invested and how much of it is locked up. Understanding investment scale (i.e., what’s important) and returns (i.e., what has been valuable) in the 27 sectors that make up mobile Internet shows where investors are happy and where they might be nervous.
Mobile messaging returned around 12x (or 3x without Facebook/WhatsApp), navigation 11x, games 6x, app store/distribution 5x, social networking and books 4x and photo and video 3x on the $15 billion invested in these sectors in the last five years. Investors here are very happy bunnies.
Mobile food and drink is in the 2x to 3x ROI range, with $4 billion invested. Then there are 10 sectors whose $40 billion invested returned in the 1x to 2x range since 2011. The largest is mobile advertising/marketing at $6 billion, plus education, entertainment, enterprise/B2B, tech, utilities, wearables, lifestyle, health and fitness and music.
Finally, eight sectors delivered less than 1x ROI, so less money returned to investors than they invested in the last five years. The largest pools of locked up cash are $20 billion in mobile travel/transport and $19 billion in mCommerce, as well as mobile weather, medical, sports, business, productivity and news.
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Cyanogen OS Lands On Two New Smartphones, Targeting EMEA

By 06:34


The Cyanogen flavor of open Android, which is pushing a more customizable version of Google’s mobile OS — helped along by some $115 million in funding in its coffers, including an $80 million round back in March — has landed on two new smartphones heading for Europe, the Middle East and Africa.
The handsets, which run v12.1 of Cyanogen, are made by a new, U.K.-based entrant into the smartphone making space, called Wileyfox, albeit the phones themselves are actually made in China — so as with other such online retail Android reseller efforts it’s mostly an exercise in branding, with a few customer service flourishes thrown on top to try to stand out (such as European-based call centers for after sales services, and a replacement screen service for a yearly fee).
Does the Western world need more Android phones? According to analyst Gartner, growth in the global smartphone market slowed in Q2 to its slowest rate since 2013. Meanwhile Android’s year-over-year growth was the lowest ever — as the dominant smartphone OS looks to have achieved its peak (with a global marketshare of around 82 per cent). So there wouldn’t appear to be a pressing consumer need for more new Android phones.
But if you are going to try and grab Android users in a hyper saturated smartphone market then offering competitively priced hardware with a software twist is the way to do it — and that’s what Wileyfox is aiming to do, going up against the likes of the OnePlus in Europe.
The 4G/LTE 5.5in full HD display Wileyfox Storm is priced at £199/€249, and has a Qualcomm Snapdragon 615 octa-core chipset, 3GB of RAM, 32GB ROM (user expandable), a 20MP rear lens and an 8MP front-facing lens, plus a 2,500mAh battery (non-removable). While the £129/€169 4G/LTE Wileyfox Swift has a 5in HD display, a Qualcomm Snapdragon 410 quad-core chipset, 2GB of RAM, 16GB ROM (user expandable), and a 13MP rear lens plus 5MP front facing camera. Both devices ship with all the usual Google Android services preloaded, including the Play Store.
As mobile users have become more tech savvy, and smartphones themselves have generally become more consistent in terms of UI experience, the opportunity for online-only phone brands to poach users — especially brands building on an established and familiar platform like Android — is arguably expanding, threatening the retail advantage of an Android giant like Samsung whose incentivized deals with carriers helped get its handsets into phone buyers’ hands for years via their network of retail shops.
And as (or if) more phone buyers feel comfortable buying online, brands like Wileyfox are waiting to woo them with affordably priced hardware — taking a leaf out of the Xiaomi smartphone upstart playbook. Whether they can convince people they need to replace their existing handset a bit quicker than they otherwise would remains to be seen. The core quality of modern smartphones is arguably putting the biggest breaks on market growth. An annual upgrade is certainly far less necessary than it was several years ago, with performance improvements now typically incremental.
As for Cyanogen, its financial backers include Chinese manufacturing giant Foxconn, which makes money by making more hardware. While earlier this year Cyanogen also bagged a partnership with mobile chipset maker Qualcomm, the latter also clearly hoping to eke more growth out of the Android mobile growth engine by supporting another flavor of the OS. These very large mobile industry entities are clearly incentivized to milk more money out of the Android cash cow — hence their support for Cyanogen’s alt Android approach, which is a bet that offering added customization to users also offers a way to grow Android usage in a more mature and confident (but saturated) mobile market.
Here’s how Wileyfox’s European CEO, Nick Muir, set out the company pitch in a statement today: “Our target customer values choice, security and reassurance. These savvy individuals do not want their data made available beyond their control. They want to be able to change the appearance of their screen, beyond just the wallpaper and lock-screen. They want efficient, personalised shortcuts and gestures. They want friendly, helpful 24/7 customer service. And above all they want great quality, premium handsets with the latest technology. Responsive, well-built, reliable, quick-charging handsets with great battery life. And that’s what Wileyfox is all about.”
Whether a user of Google’s services can really expect to have ‘control over the availability of their data’ is another question — but one which Wileyfox’s “savvy” customers aren’t, apparently, asking.
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Facebook’s New Moments App Now Automatically Creates Music Videos From Your Photos

By 06:33
Facebook’s New Moments App Now Automatically Creates Music Videos From Your Photos

Facebook the social network’s recently launched photo-sharing app that aims to address the problem of getting friends to send each other the photos they’ve been hoarding on their own phones, is expanding to video. The app received its first major update today since its mid-June debut, and will now automatically create a video of your shared photos which you can customize, personalize and share back to Facebook.
The added feature, will somewhat of a minor addition, could make the app more compelling for those who didn’t yet see the value in the photo-syncing option it previously offered. As Facebook Moment’s early adopters begin to share out their video creations to Facebook for others to see, their friends may be more inspired to try out the app for themselves.
With the update, Facebook Moments will automatically create a music video for any grouping of six or more photos. You can then tap this video in the app to customize it further by changing the included photos and selecting from about a dozen different background music options. When you’re finished making your optional edits to this video, one more tap will share the video directly to Facebook and tag the friend or friends with whom you’re already sharing those photos.
The option to automatically create a video from your shared photos also makes Facebook Moments competitive with similar services like Flipagram, or those automatically created animations that Google Photos provides through its “Assistant” feature, which also helpfully builds out stories and collages.
These sorts of automated options aren’t just fun diversions for consumers – they’re also practical tools that help people do more with our ever-growing pile of photos that are being snapped and stored thanks to the ubiquity of smartphones.
Facebook also benefits from making video-sharing easier for its users: Video has become one of the fastest-growing categories on the social network, with over 4 billion daily video views. This has allowed it to sell a wider range of video ads, which is why the network has been doubling down on video as of late with new features like improved video analytics, live streaming, “Watch Later” buttons, and changes to its News Feed to highlight the best videos.
It’s the latest app to emerge from Facebook’s Creative Labs initiative, which is also responsible for apps like Facebook Groups, Slingshot, Facebook Paper, Rooms, Mentions, and more. Some of Creative Labs’ efforts to date have fallen flat, but Moments may have potential. Anecdotally, I know it’s having some impact on Facebook users’ collective consciousness when I find that several of my non-tech friends have already installed it or are saying that they’ve been noticing that Facebook notifications about shared photos in Moments are becoming a more regular occurrence for them.
App Annie’s actual data, however, shows the app is maintaining a decent, if not stellar, ranking in the Photo & Video category on the iTunes App Store (No. 107 currently). That’s a fairly competitive category though, it’s worth noting. The app is doing better on Google Play, where it’s No. 19 in the Photography category at present. But, on both stores, its Overall ranking has declined since its launch which could be troublesome.
Screen Shot 2015-08-25 at 12.32.47 PM
That being said, while Moments may still be benefitting from its launch press and related momentum, the app is doing better than Facebook’s Creative Labs other efforts like Rooms and Slingshot, which no longer have a tracked rank on App Annie’s charts – meaning they’ve dropped below #1,500 in any category.
Moments is actually smartly solving one of the age-old challenges smartphone users have faced – you want to get a copy of photos your friend took, but they forget to send them. You then have to bug them to text you, email you, or AirDrop the photos the next time you see them. Facebook Moments makes it much easier, as it instead allows you to privately sync photos from your phone to others, and it uses a combination of date and time stamps, location as well  facial recognition to group photos into collections you can share.
The only thing it’s missing is an ability to share those photos with non-Facebook users like grandma and grandpa (i.e. via email), though this is a minor complaint.
The updated version of Facebook Moments with the video sharing feature is live now on the App Store, and will hit Google Play today. The app is also now available in most countries, says Facebook, and has been translated into 34 different languages.
Make a Movie with Moments- Nolan’s Summer from Facebook on Vimeo.
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Mapstr Maps Out The Next Steps For Its App That Keeps Track Of Your Favorite Places

By 06:33



French startup Mapstr just released version 1.0 of its nifty map app, but it’s already thinking about the next steps. The company just raised $800,000 from angel investors and is working on a set of new features for the coming months.
As a reminder, Mapstr is a bookmarking service for places. It’s a hybrid between a map app and a note-taking app, and it works really well if you want to keep track of your favorite places or add new places where you want to go.
You can add as many tags as you want to your bookmarks in order to filter them out later using the tag drawer (restaurant, sushi, cocktails, etc.). It’s also a great way to check opening hours, get a restaurant phone number and more.
I talked with Mapstr founder Sébastien Caron last week about what he wants to do with the app, and it seems like many people are already excited about version 1.0. Released last month, Mapstr already attracted 50,000 users who saved over 400,000 places.
One of the most important features of the last release is the ability to create a profile to sync your map and share some of your favorite places with your friends. When you add someone as a friend, you can see their public map and discover new places.
This is a hint of the company’s vision — Mapstr wants to leverage these bookmarks to help you discover new places. Here are a few of the upcoming features.
First, you’ll receive a notification when you’re near a place that you already saved so that you don’t forget about your bookmarks. Second, the company is working on the ability to add your photos to your places, so that you remember the menu of a restaurant and more. Third, the company is thinking about official maps. For instance, a magazine could create a map of its favorite new restaurants and Mapstr users could follow the map to get these places right inside the app.
Finally, the company is thinking about expanding to other platforms, such as Android and the Apple Watch. In other words, many things are in the pipeline, and today’s initial funding round will let the team experiment for a little while with new features and platforms.
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PredictSpring Helps Brands Embrace Mobile Shopping

By 06:31


Longtime Googler Nitin Mangtani (manager for a number of products including Google Shopping) has founded a startup of his own, PredictSpring, where he’s working to help brands and retailers get up-to-speed with mobile commerce.
To illustrate why PredictSpring is necessary, Mangtani pointed to numbers from comScore showing that while 60 percent of retail browsing happens on mobile devices, those devices only account for 15 percent of dollars spent.
“The experiences on mobile haven’t caught up with the consumer demand,” he said. “The consumer is ready to do commerce on mobile.”
To create those experiences, PredictSpring has created a mobile app development platform that allows businesses to create shopping-enabled apps without writing any code. Businesses using the platform include Cole Haan, Eddie Bauer, Bluefly and Woodcraft — even though Mangtani is only talking publicly about PredictSpring now, the first apps actually went live at the end of last year.
PredictSpring has also raised $2 million in funding from investors including fashion tycoon Silas Chou’s Novel TMT Group and Beanstalk Ventures.
Looking at the mobile commerce landscape, Mangtani said there have been a few great hits, like Uber, HotelTonight and Airbnb, but most shopping apps are just “a very thin layer of native code — the moment you click away from the homescreen, you’re redirected to the mobile site.”
On the other hand, apps created on the PredictSpring platform are supposed to be “100 percent native.” That’s important, Mangtani said,  because the big innovations in mobile have been on the app side, rather than on the mobile web. Sure, not every Cole Haan customer is going to download the Cole Haan app, but he argued that the most loyal ones and the biggest spenders will. So it’s important to give them a good experience, where it’s easy to actually buy things.
Still, PredictSpring’s strategy isn’t just about apps. The company is also launching a new Commerce Gateway, which should make it easier for companies to add shopping capabilities and “Buy buttons” to their online ads and social media posts — for example, Cole Haan isn’t just using PredictSpring to build its mobile apps, but also to support shopping directly from its Instagram feed. The Commerce Gateway is supposed to provide companies with a single API where they can integrate things like their e-commerce platform, inventory system, payment provider, product catalog and loyalty program.
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