March 17, 2014

Yahoo made an incredible investment when it paid $1 billion for 40% of Alibaba Group back in 2005. Times have changed and now Alibaba is the bigger fish. Last year, a subset of Alibaba’s properties, two web portals, together did more business than eBay and Amazon combined.

As of today Yahoo owns about a 24 percent stake of Alibaba, a portion that could be worth as much as $37 billion, according to an average of analyst’s estimates compiled by Bloomberg News. Yahoo will experience its windfall as a mixture of cash and continued equity. Because of agreements between the two companies, Yahoo has to get rid of a significant portion of its holdings the minute Alibaba goes public, selling those shares at the initial price and missing out on the first-day market bump.

Kenneth Goldman, Yahoo’s chief financial officer, recently told investors that Yahoo would likely sell 10 percent of Alibaba and hold on to 14 percent. Such a sale would mean $15.4 billion in cash, added to the $5 billion in cash that Yahoo had as of the end of last year.

This wouldn’t be the first time Yahoo has bolstered its coffers by selling off a portion of Alibaba. Yahoo made $4.6 billion in 2012 by selling shares back to Alibaba itself, valuing the company at a fraction of what it would be today. “Forgive me for using hindsight here, but clearly I wish we hadn’t done that,” said Goldman at a conference earlier this month.

A great investment.

Rene Ritchie presents his take on the latest iOS release.

As I’ve been telling folks, if you own an iPhone 4, this is a must have upgrade:

I installed it iOS 7.1 on my circa January 2011 white GSM iPhone 4 and performance does indeed seem to be markedly improved. Where before it would stutter and stammer and otherwise force me to practice my deep breathing and dude-abiding skills, now it’s noticeably better. It’s not iPhone 5 fast, of course — that old Apple A4 chipset, it ain’t what it used to be — but it’s at least acceptable now.

If you have an iPhone 4, you’ll want iOS 7.1.

Another critical point:

iOS 7.1 fixes that. According to Apple, Touch ID now has improved fingerprint recognition. So, while things like moisture can still throw off the sensor, the record itself should now work the way it’s supposed to for everyone and all of the time.

Touch ID worked well enough for me in iOS 7 but it’s worked flawlessly for over a month with iOS 7.1 (including the betas). What’s more, if you had problems, it should just start working better. Better still, if you have to or want to reset or redo your Touch ID fingerprint registration, Apple has also moved the Touch ID — and Passcode — Settings out of the General basement and onto the top level, making them easier to access.

I couldn’t agree more. I did not do anything special (no re-registering of fingers, no nothing). As soon as I installed iOS 7.1, Touch ID became flawless.

I’ve found something unique and worthwhile in every 7.1 review. This one is no different. Well worth the read.

If you don’t have the Apple Store app on your phone and iPad, they are worth getting. Don’t forget to pick up your free music.

Cardiologist George Diamond had an idea for a piece of software that could help diagnose coronary disease. The Apple II was brand new and, in 1977, represented a huge leap in the accessibility of computing power. This is the story of how Dr. Diamond pitched his idea directly to Steve Jobs and Apple.

“With the Apple II I wrote a reasonably sophisticated program that analyzed multiple diagnostic tests using Bayes’ theorem for the diagnosis of coronary disease. Now I thought it was really great and should be marketed, but it needed to be expanded with people who really knew something more about programming than I did. So I picked up the telephone and called Apple in Cupertino. I told the secretary that I wanted to speak with somebody about a medical application for the Apple II computer. The secretary connected me directly to Steve Jobs. (Of course I didn’t know who he was. I didn’t even recognize the name as being one of the people who had actually invented the thing.)

“He listened to me for a couple of minutes on the phone. I said I’d love to come up and talk with him about my idea. He said sure, any time, just pick a date. and so I did, and I got on a flight to Cupertino.

Follow the headline link to read the rest. Pretty interesting anecdote.

From Billboard:

“This rate is a clear defeat for songwriters,” Sony/ATV Music CEO Martin Bandier says. “This rate is woefully inadequate and further emphasizes the need for reform in the rate court proceedings. Songwriters can’t live in a world where streaming services only pay 1.85% of their revenue. This is a loss, and not something we can live with.”

Also:

Instead of giving ASCAP, the American Society of Composers and the rate increases it asked for the last three years, the court went with the rate Pandora has been paying for the last few years. In a statement, ASCAP noted that while the Judge Cote did not fully adopt the escalating rate structure that ASCAP sought, she also rejected Pandora’s argument that it should get the 1.7% rate that the Radio Music Licensing Committee has negotiated for terrestrial radio’s digital webcasts.

In the past, when music came from the radio or in some physical form, radio represented exposure and revenue came from the sale of records, CDs, etc. In a modern streaming universe, radio and records have been replaced by streaming and DRM-protected music services. Being able to create music directly and get it on iTunes without a major-label in the middle is a real boon to music creators.

The real question is, do the streaming services provide the same level of service to the creators than the radio stations they are replacing. For this entire ecosystem to work, there needs to be balance. At the very foundation, the talent needs to make enough money to be able to afford to continue to make music. A knotty problem.

The iPhone and iPad are revolutionizing medical care in so many ways. There are the obvious benefits of being able to remotely access patient histories (though somewhat constrained by HIPA laws) and diagnostic databases. But more importantly, the devices themselves are being modded, added to, to turn a smart phone into a much more sophisticated piece of medical equipment.

Anyone with glaucoma, or glaucoma in their family, is familiar with the process of having high resolution images taken of the back of their eye to detect changes in the eye’s fluid pressure. The device that takes that picture costs thousands of dollars, at a minimum. Now that has changed.

Researchers at the Stanford University School of Medicine have developed two inexpensive adapters that enable a smartphone to capture high-quality images of the front and back of the eye. The adapters make it easy for anyone with minimal training to take a picture of the eye and share it securely with other health practitioners or store it in the patient’s electronic record.

The researchers see this technology as an opportunity to increase access to eye-care services as well as to improve the ability to advise on patient care remotely.

This is a fantastic development. [Via 9To5Mac]

The original interview is behind a paywall, but the entire interview was also carried by Time Magazine (follow the headline link for that version).

Lots has been made of this interview by various Apple blogging sites. I found this comment by CultOfMac’s Leander Kahney, who wrote the recent Jony Ive book, the most telling:

It claims to be the first in-depth interview Ive has given in twenty years at Apple, but breaks absolutely no ground whatsoever. Irritatingly, I can see the fingerprints of my Jony Ive biography all over the piece, but there’s no mention of the book.

The strangest thing is that Ive recycles the same quotes he’s used in the past. Believe me, I’ve read them all. He says that Steve Jobs’ ideas sometimes sucked the air from the room (previously uttered in his tribute to Jobs) and that he wanted to be a car designer, but other students made weird “vroom vroom” noises while they worked (from an Observer interview). There’s absolutely nothing new in the entire piece including the obligatory hint of an amazing new product, which of course, he can’t talk about.

Fair points. This interview is relatively short and no substitute for a book length exploration of someone’s life. That said, I read Kahney’s book and was not put off by this interview at all. I thought the interview felt fresh, was well written, and was a fun read.

On to the interview itself. On love of craft:

A love of making is something he shared with Jobs, Apple’s former chief executive who died three years ago. It helped the two men forge the most creative partnership modern capitalism has seen. In less than two decades, they transformed Apple from a near-bankrupt also-ran into the most valuable corporation on the planet, worth more than $665 billion.

“Steve and I spent months and months working on a part of a product that, often, nobody would ever see, nor realize was there,” Ive grins. Apple is notorious for making the insides of its machines look as good as the outside. “It didn’t make any difference functionally. We did it because we cared, because when you realize how well you can make something, falling short, whether seen or not, feels like failure.”

On pricing and reuse:

Critics complain about the built-in obsolescence of Apple products, its hermetically sealed operating systems, the need to buy new chargers for new products and the prices it charges. Oh, the prices! $20 for a plastic charger that probably costs less than $2 to make! Chargers and iOS are matters for Apple’s software fellas and the firm’s new boss, Tim Cook. When it comes to obsolescence, Ive himself concedes he is carrying the fifth version of a phone that was only invented in 2007, with, yes, a new charger. But, he says: “One of the things that is distinct about our products is that they get reused and passed on.” What do you do with your old iPhones? “Erm. Actually, they’re not mine. They’re the company’s.” What does the company do with them? “We reuse stuff and then we’ll disassemble stuff and recycle stuff. iI understand what’s behind the question, but I think it’s a fundamental — and good — part of the human condition to try to make things better. That’s the role we’re playing.”

On where he works:

His first few years were frustrating. Back then, Apple’s products were dull. Remember the Newton? Thought not. Design didn’t matter much. He almost quit several times. But when Steve Jobs, who had been ousted in 1985, returned to try to save the firm in 1996, he spotted Ive’s talent and the two men set out on their maniacal journey to remake what they saw as the bland, lazy world around them. Or at least the bits of it they thought they could change. Unlike other electronics giants that make everything from computers to cameras to fridges, Apple makes and has only ever made three things: computers, entertainment devices and phones.

Ive works in a design studio in a building on one corner of Apple’s campus at 1 Infinite Loop in Cupertino, the firm’s address. It looks like all the other dull, un-Apple-like glass and beige — yes, beige — concrete blocks. With one really big difference. The glass is opaque and no-one other than Ive, his core team and top Apple executives is allowed in. “The reason is, it’s the one place you can go and see everything we’re working on — all the designs, all the prototypes,” Ive says.

His team, from Britain, America, Japan, Australia and New Zealand, “is really much smaller than you’d think — about 15. Most of us have worked together for 15 to 20 years.” That’s useful. “We can be bitterly critical of our work. The personal issues of ego have long since faded.” The large open-plan studio is, like most of Ive’s personal Apple products, all-white. A large wooden bench, like the Genius Bars in Apple Stores, is devoted to new products. At one end are a lot of CNCS — high-tech machines that are used to make prototypes. “Everyone I work with shares the same love of and respect for making,” he says.

On working with Steve Jobs:

Was Jobs as tough as people say? Stories abound of him humiliating underlings and even — perhaps especially — top executives. “So much has been written about Steve, and I don’t recognize my friend in much of it. Yes, he had a surgically precise opinion. Yes, it could sting. Yes, he constantly questioned. ‘Is this good enough? Is this right?’ but he was so clever. His ideas were bold and magnificent. They could suck the air from the room. And when the ideas didn’t come, he decided to believe we would eventually make something great. And, oh, the joy of getting there!”

There’s much more to the interview, as well as an embedded video that looks to have been put together by Time as an add-on to the interview.

Video camera falls out of airplane, keeps shooting even when it hits the ground

This was either staged and cut together, or incredibly cool. I’m going with the latter.

March 16, 2014

I love a good buried treasure story. This one does not disappoint.

Sports Illustrated:

220,000 square feet of exhibition space filled to the gills with Ugly Stiks and Mr. Crappies, and an 18,000-seat arena will host the nightly weigh-in for the 44th annual Bassmaster Classic, the self-described Super Bowl of Fishing – though to the 200,000 angling enthusiasts passing through here in cardboard hats in the shape of bass and weapons of bass destruction T‑shirts, the Classic is a vast improvement on the Super Bowl.

I’m not a fisherman but it was fascinating to live in The South and see how big and important bass fishing was. I knew guys with thousands of dollars in gear and $30K+ custom painted bass boats.

The NEX band is a wrist band that acts as a hub for clip-on hardware mods that add various notification capabilities. At first blush, this seems like a genius idea. The NEX band tackles some of the same ideas addressed by existing smart bands, but builds in a plug and play extendability.

I can only assume that the appropriate teams at Apple are digging in to this technology with great interest. Fascinating tech.

This story is based on content from Yukari Iwatani Kane’s new book “Haunted Empire: Apple After Steve Jobs”.

In her book she says Jobs told his top executives before he died that he had no plan to release a television because it’s a bad business.

Every year Apple hosts a “Top 100” meeting, which gathers the top 100 executives, managers, and employees. As will all things Apple, the top 100 meeting is supposed to be secretive.

Jobs would give people a month’s notice before a top 100 happened. The Apple staff would then be bused to a resort where they would give presentations on Apple’s business. New products were often revealed. No one was to email outsiders, even Apple employees, or tweet or anything while at the meeting.

In 2010, Jobs hosted his final Top 100 meeting. Apple revealed the iPad 2 and its magnetic cover in the meeting. When Jobs did a Q&A on the new iPad, all the executives were fawning over the cover.

“Enough with the f***ing cover!” Jobs finally said. “Can we talk about the iPad?”

At the time Jobs quite sick, and it was apparent. He wasn’t chewing out employees during their presentations like he normally did. He was having trouble walking, and he looked weak.

Yukari reports on the last day of the meeting, Jobs sat in front of the room with everyone and said, “You’ve got Steve Jobs sitting right here. You’re my guys, you can ask me anything you want. I don’t care how dumb it is or how insulting it is. I want to make you all feel comfortable about whatever questions you have about the company.”

One person asked if Apple was going to release a television next. There were already rumors all over the place that it was Apple’s next conquest.

Yukari says “Jobs didn’t hesitate.” He said, “No.”

“TV is a terrible business. They don’t turn over and the margins suck,” said Jobs. (Unlike iPhones which are wildly profitable and replaced every two years, a TV gets replaced every 8 years, and isn’t all that profitable.)

Interesting.

Bummer. I thought this was a cool idea. The #nerdbird flew between Mineta San Jose International Airport and LAX.

Some good food for thought from iMore.com. Even if you are not having specific problems, give this a read. Worth knowing in case it happens to you or someone you know.

Some math to help you fill out your March-madness brackets and win a billion dollars

First things first. If you want to win a billion dollars, all you have to do is enter the QuickLoans Billion Dollar Bracket Challenge and pick every single game correctly. OK, the odds on doing that approach 9 quadrillion-to-one, but who knows, you might just get lucky.

The contest is the brainchild of Warren Buffett and the CEO of QuickenLoans (and also owner of the Cleveland Cavaliers), Dan Gilbert.

Even if you don’t enter the contest, you still might be interested in some math to help you prune the tree of possible choices. If so, take a read of this article. Good stuff.

Remember, always pick a #1 seed to win it all. Then again, I’ve never won a bracket challenge. Ever.

Interesting piece from Seeking Alpha (free reg-wall) about the rise of mobile gaming and the projected financial future for Apple and Google.

The real core of the numbers come from the annual App Annie report (free reg-wall) on mobile gaming trends, well worth the read if you are interested in the specifics.

This is a new thread, so check back periodically and contribute your own ideas. Some good suggestions there already.

The list is a long one and includes classics such as Adventures of Huckleberry Finn, Alice’s Adventures in Wonderland, Dracula, and In the Court of King Arthur, to name but a few.

The real beauty is that these old editions are real scans, as opposed to optical character recognition (OCR) scans that are converted into plain text. To me, this adds to the experience of enjoying a truly classic work.

March 15, 2014

This cannot possibly be true, can it?

For one brief shining moment, commercial drones are now legal in U.S. skies, thanks to a court decision this month that slapped down the Federal Aviation Administration’s attempt to ground them.

A San Francisco company has leaped on the opportunity, gearing up to offer drone delivery of drugstore items in the Mission.

QuiQui, pronounced Quicky, said on its website that it’s been working on its idea for two years, and was taken by surprise when the FAA lost its lawsuit. Its drones will fly below 500 feet, for a $1/delivery fee and will operate 24 hours a day — with orders arriving in less than 15 minutes, it said.

Could this be the foot in the door that makes drone service a real thing, as opposed to a marketing gimmick? Here’s why I don’t think so:

The drones won’t alight on your doorstep. Instead, they will stay at least 20 feet in the air to avoid bumping into people or “anything nefarious” happening — like damage to a drone or theft of a drone or its contents. When a drone arrives at a delivery site, “your phone will buzz, saying your delivery is here,” Ziering said. “You go outside and swipe to tell it to drop your order. It will drop it and then fly away. I kind of want it to beep like Roadrunner and then fly.”

Something falls on you from a height of 20 feet. What could go wrong?

Jeff Bridges and photography

It’s the Dude himself, extolling the virtue of the Widelux camera, amongst other things. Great video.

A must watch if you are at all a fan of Jeff Bridges or photography. Lovely.

If the video does not load for you, try this link. [Via Brother Stu]

Many thanks to Listastic for sponsoring The Loop’s RSS feed this week. Listastic for iOS is hands down the easiest way to create, manage and share lists of any kind!

Striking the right balance between function and simplicity, Listastic makes it a breeze to prioritize and collaborate on important ideas or tasks without the typical complexity.

Easily share a grocery list with your significant other, tasks with a team of colleagues or even gift ideas with friends & family.

Now available for iPad & iPhone, Listastic is free to download, and only $1.99 to ditch the ads and enable some great additional features!

A big thanks to readers of the Loop for checking out Listastic, available now on the App Store!.

Last Tuesday, we posted a link to the crowdsourced satellite image search for flight MH 370.

The linked article digs in to the details of Tomnod and the Tomnod search, then expands to talk about other crowdsource map search efforts. Interesting read.

Moff bills itself as a “wearable smart toy”. Grab a broom and strum, and the Moff bracelet will emit a guitar sound. Grab a banana and point it like a gun, and your shots ring out. A pretend tennis racket, you’ll hear a swat sound when you swing.

I’m not sure this is useful as much as playful, but I love the concept and I think there’s something to this. I’m interested in watching this evolve.

The birth of desktop publishing

Professor David Brailsford takes you on a walk down memory lane with Apple’s introduction of the Laserwriter.

The Computerphile videos are a bit low tech and homespun, but I find them both charming and informative. [Via MacTrast]

Re/code:

Obama administration officials moved late Friday to end the U.S.’s role in overseeing Internet domain names and addresses, announcing plans to relinquish its role by the end of next year and turning the keys over to the global Internet community.

Commerce Department officials announced that the U.S. government would relinquish its role overseeing Internet addresses in favor of a to-be-determined global body.

The Internet Corporation for Assigned Names and Numbers (ICANN) has managed the use and governance of domain names and Internet addresses for the U.S. government since 1998, when it was awarded the task by the Commerce Department. Based in Los Angeles, ICANN oversees the Internet’s address system and has moved in recent years to open up new domain names.

Long time coming.

Wall Street Journal:

Four days after AppleAAPL -1.12% released an update to its mobile operating system, more than a quarter of app traffic is coming from iPhones and iPads running the latest software, according to data from analytics firm Mixpanel.

Apple released iOS 7.1—the first major update to its mobile software since its debut in September—on Monday. The update addressed some of the major complaints users had with the software including the tendency to crash and reboot often and the unreliability of its fingerprint sensor for its iPhone 5S. As of Friday, Mixpanel said 26.4% of app traffic is coming over devices running iOS 7.1, slightly less than the 31.5% usage rate for its previous version, iOS 7.0.6.

While this doesn’t mean that 26.4% of iOS devices have the update installed—people who use more apps more of the time may be earlier to adopt upgrades, after all—but it shows momentum, especially compared to the competition. About 6% of app traffic on Google’s Android operating system stems from “KitKat,” the latest version of the software released in October, Mixpanel said.

Great numbers.

The birth of Bill Nye Science Guy

Everyone knows Bill Nye Science Guy, right?

Well, it turns out, he started his career on a Seattle comedy show called Almost Live. Almost Live was a sketch show, similar to Saturday Night Live, shown on the local Seattle NBC affiliate KING from 1984-1999.

Bill Nye was one of the Almost Live writers and periodically appeared in various sketches, sometimes as a speed walking superhero (one of his first repeating characters). But my favorite bit was when Bill would come on stage and do some science. In the beginning, the science was terrible, but fascinating. Over time, he got quite good at it and started to develop a national following.

Here’s an example, where Bill returns to the show after he became famous. If you are interested in seeing some of his earliest stuff, go to YouTube and do a search for “Bill Nye Science Guy Almost Live”.

Enjoy.

Elk vs photographer

A photographer was taking pictures in Great Smoky Mountains National Park when a bull elk approached. A dangerous situation. There’s sadness ahead, so watch the video without reading further if you want to keep it light.

From the photographer (the man in the video getting poked by the elk):

“My first thoughts were “wow, he’s getting pretty damn close here.” But I’ve been up close before without incident. I hoped being still and passive would see him pass on. When he lowered his antlers to me, I wanted to keep my vitals protected and my head down. I felt that standing up would provoke him more and leave me more vulnerable to goring. I think that while protecting myself with my head down, having my head down was a signal that I was rutting with him. I was concerned at first, but when he started rearing back and lunging at me later on, I got scared and pissed off. That’s when I wagged my finger at him to cut that shit out. I was relieved to see the Ranger coming.

So I guess at some point if the Ranger hadn’t of pulled up, I would have had to disengage the best I could. I’ve joked with my friends that at least he took me for a buck and not a cow!”

I found the video riveting. Sadly, because of repeated patterns of aggressive behavior, the park service made a controversial decision to put the elk down.

March 14, 2014

AP:

A handful of Idaho hockey fans sued a Boise arena on Tuesday, saying they were duped into thinking a $7 beer contains more brew than a $4 beer.

Don’t mess with hockey fans and their beer.

During iTunes Festival this week, I spoke with Soundgarden, Imagine Dragons, and Capital Cities about selling albums on iTunes. The story is posted on Fortune.com.