Virtual Skinny: Wednesday Wisdom

9.7.2016

Good to Know:  Here’s your Wednesday Wisdom. Working on a startup? Look for venture capital money? At the very least, avoid these 11 things to up your chances of success. 

THE SKINNY


When Christmas Comes Early …

Today is Apple Inc’s annual product launch event in San Francisco.

When You Know What to Expect …

Ever since Apple sent out its “See You on the Seventh” invites, the blogosphere’s been abuzz about what’s likely to go down today. One word: iPhone 7. The latest iPhone is said to have minor changes from the ‘6’ version with things like a touch sensitive home button. The major change: No headphone jack. Apple has gone wireless so you can listen to your jam or watch your fave show without wires getting in the way. 

When You Don’t Know It All …

Unclear how much the ‘7’ will go for in terms of price. Other than the phone, there’s rumbles about a new Apple Watch version but not much has been leaked about it. Gotta keep some things close to the vest …

When Patience Is Still A Virtue …

With no major changes to the ‘7,’ analysts are feeling underwhelmed. They suggest that you wait it out till next year for the ‘8.’ Next year’s the 10th anniversary of the iPhone so they’re predicting major changes like ‘a wider display that reaches from one edge of the device to the other.’ In the meantime, the new iOS 10 software update is bringing us less text and more visuals in iMessage (i.e., stickers, funny faces, animated balloons, etc).

WHAT ELSE IS GOING ON?


Summer’s Over …

Time to get serious.  Twitter’s board of directors is huddling up this Thursday. On the agenda? To sell or not to sell. Twitter’s been struggling to perform well. In other words, it’s trying to grow its user-base and bring in more dolla bills. Co-founder and board member Evan Williams said the company needs to “consider the right options.” Looks like the options are selling to whoever can afford an US $18 billion company (Google, Apple, 21st Century Fox or News Corp. could be potential buyers). Option B? Another round of staff layoffs. The struggle is real …

This Was Not Part of the Plan …

Last week, Mark Zuckerberg surprised everyone when he headed to the continent. And by the continent, we mean Africa. The Zuck’s first stop? Lagos, Nigeria where it was biz mixed with a bit of fun: He visited a kids coding camp called the CcHub, had a Q&A with local entrepreneurs, sat down to dinner with Nigeria’s President Muhammadu Buhari, and even crashed a Nigerian hip hop video set. Zuckerberg said ‘Nigeria’s tech story is “under-appreciated across the world.” But, some local techies aren’t buying it. They are unimpressed by Zuck’s visit and want FB to build a true partnership with Africa’s tech community.

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Please Tell Me More…

Looks like Zuck’s got big plans for Africa, but he learned during his trip that he had a f*@# problem. Back stateside in Florida, a SpaceX rocket ship exploded and took down one of FB’s satellites used to beam high-speed Internet to Africa. Yikes!

It’s Not Translating …

According to reports, “democracy,” “human rights,” and “hunger strike,” are not in the Cuban government’s vocabulary. The government’s been blocking people’s text messages containing those words. Unclear how long this alleged filtering has been going on … 

THE STREETS ARE TALKIN’


Snapchat’s ditching its ‘local stories,’ the features that let’s you see what’s happening in big cities. It’s cut the ‘small team’ responsible and is now eyeing live events as a replacement. 

You’ll soon be able to search the Google machine by outfits. The upcoming feature, “Shop the Look,” will pull up outfits published by fashion bloggers in search.

Pandora plans to launch two new music services (US $10 Spotify type service so you and your tunes will always be together whenever and wherever & US $5 that’s a slight upgrade from its free web radio). Still waiting on when the official public announcement will go down since Pandora’s still trying to finalize things with music label partners. 

Box (the business version of DropBox) just worked on a collabo project with IBM called Box Relay to custom build work processes. 

WOD (WORD OF THE DAY)  


Demonetization: Think YouTube. The process of not allowing certain YouTube videos to make money off of ads because of its ‘unfriendly’ content. The company’s been in the demonetization game since 2012, but YouTube video makers didn’t know about it until last week. Turns out YouTube’s software isn’t perfect, and some legit and friendly videos got caught up in the mix. Unfortunately, some YouTube video makers haven’t been making their ‘pay-pah.’

Microsoft and LinkedIn Get Together

Tech Giant and Professional Network Say “I Do”

Microsoft and LinkedIn just announced that they have decided to become one. According to reports, Microsoft plans to buy the professional social network for a cool US $26 billion in cash money.

So, why is this happening?LinkedIn, Microsoft

The merger is a win-win situation for both companies. Linking up with LinkedIn allows Microsoft to dive into enterprise social media services. While LinkedIn can have some peace of mind in an increasingly competitive market.  In other words, LinkedIn can now be more competitive when matched up against other companies using their social graphs to potentially compete against the professional network.

What does it mean for us – the average LinkedIn user?

Not to worry, even though LinkedIn will become part of Microsoft’s productivity and business processes segment, it will still keep its branding and product.

Is the deal finished or is it done? 

The short answer is “no.” Both companies’ boards have given the go ahead.  LinkedIn co-founder Reid Hoffman led the deal. In a statement, he said “Today is a re-founding moment for LinkedIn. I see incredible opportunity for our members and customers and look forward to supporting this new and combined business. I fully support this transaction and the Board’s decision to pursue it, and will vote my shares in accordance with their recommendation on it.”

LinkedIn CEO Jeff Weiner also had positive things to say about the new partnership. Weiner penned a blog post where he said that this merger is simply just the next phase in the company fulfilling its mission.  Read the full post here.

But, there is still more to do. More hoops to jump through to finish the deal. Regulators in the United States, the European Union, Canada, and Brazil still need to give LinkedIn and Microsoft their blessing.