Thursday, June 30, 2011

StockTwits Comes To The Android






StockTwits, the finance community currently available on mobile via the iPhone, is taking its experience to the Android today.

Like StockTwits for the iPhone, StockTwits for the Android retains many of the same functionalities as the StockTwits community its, allowing users to access realtime stock quotes, financial news and the ability to bookmark stocks on a “Watchlist” or the ability to access stocks on the go.

StockTwits for Android users can also access a “Trending” view of stocks, highlighting the most discussed stocks in the community. This can be useful, as realtime information is increasingly more crucial to making investments.

StockTwits has $8.6 million in funding and is based out of San Francisco and New York. Those interested can
DownloadHerethe app here.

Difference between Facebook and Google+

Google sorted out the web and made it searchable; can it also create the connections between people that are making it social?
Google's latest attempt -- in development for more than a year -- was unveiled as Google+, and offered to a select group of journalists and analysts who will be able to share photos, links and status updates.
The major difference between Facebook and Google+ is that instead of having a massive friend list, users collect each other into groups, such as family, work and friends, called "circles." This context has been missing from Facebook and has gotten some people in hot water -- for example, those who post their wild weekend party photos that may be seen by family and colleagues. And on Google+, there are no friend requests. People do not need to agree to be friends with one another and can view updates without sharing their own.
While executives declined to say what their are doing with Google+ when it comes to advertising -- for example, will brands be able to create "circles"? -- they did say that +1, an icon launched recently that is now integrated into Google+, is operating with ads. The +1 service allows users to click on the icon, indicating they like that search result. Google+ follows the search company's failed attempts at the social web -- Buzz and Orkut -- and could be a huge deal for Google if people are willing to participate in yet another social network.
But the bigger play here is to harness the data about human connections generated by the social web and apply that to search and even display advertising. The rise of Facebook meant that a lot of this emerging activity was taking place inside a walled garden that was largely invisible to Google.
"Google rose to prominence because the web became open and they made it sourceable and discoverable, so this is a preemptive strike on Google's part," said Steven Rubel, exec VP-global strategy and insights for Edelman, explaining that as people spend more time inside walled gardens such as Facebook and mobile apps, Google loses its power to search and monetize that walled-off content. "Now they have a leg in the game in a world where people spend less and less time on the web."
Mr. Rubel may be right. While Google continues to be one of the most visited sites -- ComScore showed 180 million people visiting a Google property in May -- Facebook is catching up. But Facebook users spent an average of 375 minutes on the site during May -- close to 3 hours more than the 231 minutes they spent on Google.
Google+ will give Google a place for users to create their own content -- the stuff we're used to because of Facebook -- such as user conversations, their photos and the links they share, plus group text messaging and video chat. Since it belongs to Google, it will all be searchable and monetizable -- just the way Google likes it.
While people are not in immediate danger of losing the searchable, open web, the phenomenon can occur slowly over the next decade as mobile and apps become more and more dominant in how users consume information. "It's like a receding hairline," Mr. Rubel said. "You look in the mirror when you're 29 and think, 'Oh, it's not that bad' and wake up at 40 looking like Kojak."
Google executives said that getting social information on their users will improve Google products across the board -- by allowing personalization. Most of Google's most popular products such as search, maps and YouTube do not require a login, which limits what Google knows about its users.
But social has never been Google's bag. "It would take a seismic shift for people to take their social stuff to Google," said Deep Focus CEO and founder Ian Schafer, who said that the real earth-shattering use for Google+ is in mobile, not social networking. "The biggest implication for Google+ is mobile," Mr. Schafer said. "For example, for people to be creating content wherever people are and using that to deliver messages to them and close the loop on sales. The promise of Google+ is closing the loop on social CRM."
For advertisers and brands, the potential is immense. "A connection made with a brand in Google+ can eventually be tracked to a purchase," Mr. Schafer said. "If we can create relevant brand engagements with people and give them an ability to purchase the product at a later date -- whether that's three, six or 18 months later -- this brings us back to social ROI."
Indeed, metrics and analytics is one area where Facebook falls behind Google when it comes to advertising. When asked what she'd like to see from Facebook, Coca-Cola's head of integrated marketing and communications Wendy Clark said she wanted a good way to measure social media succes.

Wednesday, June 29, 2011

Google Unveils Facebook Competitor Google+

Has Google just launched its most ambitious project yet?
After years of rumors and hints, Google Tuesday launched a trial of its Facebook competitor, a social network called the Google+ project.
And the company clearly isn't shy about it.
In a blog post announcing the launch of the Google+ Project, Vic Gundotra, senior vice president of Engineering for the company, argued that the subtlety of real world interactions are lost online due to the rigidity of today's tools.
"Online sharing is awkward. Even broken. And we aim to fix it," Gundotra said. Getting there has been a massive effort, explained Wired.
"Emerald Sea, it is a result of a lengthy and urgent effort involving almost all of the company’s products," wrote Steven Levy. "Hundreds of engineers were involved in the effort. It has been a key focus for new CEO Larry Page."
To set Google+ apart from Facebook, which some recent reports have pegged at 750 million users, Google is claiming to have a better approach to privacy, taking on the hot-button issue that has burned both companies before.

Friday, June 24, 2011

Google Invests $102 Million More Into California’s Alta Wind Energy Center

According to an official company blog post today, Google is increasing its investment into California’s Alta Wind Energy Center (AWEC) by $102 million, bringing its total investment in the renewable energy facility to $157 million.

The AWEC is being developed by Terra-Gen Power, primarily. The first development within the massive facility is the Alta-Oak Creek Mojave Project. Google’s latest funding commitment would go to build an extension at the facility. The AWEC has a transmission line, the Tehachapi Renewable Transmission Project, dedicated to it which makes it distinct from many, large-scale renewable energy projects that have been proposed in the U.S.

Over the years, Cape Wind faced challenges winning public opinion and regulatory approvals due to a lack of a transmission line that can send power generated offshore back to Nantucket or Boston, two large markets nearby. In 2010, as reported by Reuters then, Google, along with cleantech investment firm Good Energies and Japans’ Marubeni Corp., agreed to take an equity position in Cape Wind’s transmission line.

This year, Google has invested about $700 million into renewable energy projects, according to press statements by Rick Needham, the company’s director of green business operations.

Google also recently dedicated funds to financing SolarCity residential solar development, and to other large-scale solar and wind projects including at Ivanpah a solar power tower project in Nevada, and Shepherd’s Flat, the wind farm in Oregon.

A hearty tax appetite is partly responsible for Google’s move to become a clean energy financier of this magnitude. Google will reap the benefits of many tax credits currently available to investors in clean energy in the U.S.

Supporting clean energy and new additions to the grid could also help Google maintain a stronghold in search and big data; users will inevitably search for and process bulk amounts of information about energy production and use via Google, its APIs and apps as new sources of energy get plugged into the grid, and as utilities are forced by regulators to report more carefully on their environmental impact.

Google Shuts Down Medical Records And Health Data Platform



Google is shutting down Google Health, which enables you to store and manage all your health information in one place on the Web. Google says the platform simply wasn’t having the ‘broad impact’ necessary to sustain the product.

From Google’s blog post: There has been adoption among certain groups of users like tech-savvy patients and their caregivers, and more recently fitness and wellness enthusiasts. But we haven’t found a way to translate that limited usage into widespread adoption in the daily health routines of millions of people. That’s why we’ve made the difficult decision to discontinue the Google Health service.

Google says that it will continue to operate Google Health until January 1, 2012, will allow people to export their health data for an additional year beyond that. Any data that remains in Google Health after that point (January 2013) will be permanently deleted.

Google Health launched in 2008 as a central repository for all of your health information, including prescriptions, medical history, medical records, and more.

One of the key contributors to the overall success of Google Health were partnerships with insurance companies, hospitals and other medical institutions to make data more available to consumers. As last year, Google Health still needed to sign up hundreds of insurers in the U.S. Google announced some key deals (i.e. a partnership with CVS to import prescription data into the platform), but couldn’t gain traction elsewhere.

Google also started transitioning Health into an overall wellness platform, allowing users integrate data from FitBit and CardioTrainer, but clearly this didn’t get enough traction amongst users.

Microsoft’s competing product HealthVault looks to be still alive and kicking.