Facebook launched its fourth iPhone app today, the Facebook camera. The app is solely focused on pictures, and will allow users to upload a bunch of pics at the same time as well as edit and format. "When you launch the app, you'll see a feed of just great photos from the people you care about. You can swipe to see more of any album or tap to enlarge an individual photo," notes Facebook.
Shortly After Instagram Buy, Facebook Launches New Camera App
Afternoon Palate Cleanser: An AT&T Infomercial from 1961
We've come a long way, folks. They thought they'd come a long way in 1961 when they had things like automatic dialing phone, the first video phones, and satellite communications. But imagine having problems in business like phones with no answering machines. Anyway, take a trip back to the Mad Men era in this weird, long-winded promotional film from AT&T ca. 1961. We suppose they screened this for executives in conference rooms using, like, a projector? Anyway. We took the liberty of skipping the really abstract first couple minutes for you, but you can rewind if you like.
Facebook Names A Price: $38 Per Share
Facebook will unleash its historic initial public offering at $38 a share. Billed as the largest internet IPO in history, the deal should garner the social networking mammoth around "$16 billion in proceeds," and place the company at more than $100 billion value-wise. CNBC reports: "Including the overallotment (a 30-day option underwriters have to include an additional batch of shares in the deal), Facebook could raise up to $18.4 billion, which would make it the second largest IPO in U.S. history, behind only Visa, which raised $19.7 billion when it went public in 2008."
Steve Wozniak Would Invest In Facebook, No Matter The Price
Famed Apple engineer/cofounder and living teddy bear Steve Wozniak said that, if he does plan on buying, he would purchase coveted shares in Facebook when it goes live this week, no matter the cost. When Facebook's IPO goes live on May 17th, the company will offer 337.4 million shares to the public at $28 to $35, putting it somewhere in the $96 billion range, market value-wise. "I would invest in Facebook," Wozniak said in an interview with Bloomberg on Sunday. "I don’t care what the opening price is."
Russian Journalist Focus Of This Morning's Attack On Ustream
Each morning we watch/listen to KRON 4 Morning News via Ustream. Imagine our sheer terror at not being about to hear anchorwoman Justine Waldman for a good chunk of the morning after the their Ustream page fell victim to a massive DDoS attack. In fact, all of Ustream was temporarily janked due to planned multiple attacks targeting Russian opposition channels on Ustream.
Mark Zuckerberg Will Save California!
The messiah Mark Zuckerberg is poised to save California and its impending financial ruin. More or less. How so? Facebook will have to pay so very many millions in taxes after the initial public offering, which will go on to pay even more each year when April 15th rolls around. Zuckerberg's company could have to fork over $189 million in taxes after the IPR goes live, or so says PrivCo, which researches private companies. The approaching IPO could value Facebook at $96 billion. "The federal government will be in the money too, collecting an estimated $714 million in federal income taxes from Zuckerberg," reports NorthJersey.com.
Young Tech CEO Calls Facebook 'The Most Important Company Of Our Lifetime'
Darian Shirazi — a former front-end software developer for Facebook who now runs Radius, a small-to-medium business sales intelligence company located here in San Francisco — talked to Bloomberg West recently. During the interview, the young CEO called Facebook (that social media doohickey with which you may be familiar) "the most important company of our lifetime." And you know what? He's probably right. How so? Well, Shirazi goes on to point out that it's "integrated into every almost application," adding that Facebook might even be "more important than Google."
Facebook To Debut Around $30 Per Share, $80 Billion Valuation
As Zuckerberg and Company gear up for their big debutante ball, when they'll spend the next two weeks meeting with investors and shopping their stock around, the company has released an estimated price range for the stock. When shares start trading on the 17th or 18th of this month, Facebook execs expect them to go for about $28 to $35 per share. In the middle of that range, that should raise about ten Instagrams for the Menlo Park company, putting it's total value somewhere north of $80 billion.
Video: Berkeley Freshman's Rad Automated Dorm Room
Now, this is the roommate we always wanted in college. UC Berkeley freshman Derek Low turned his dorm at aesthetically-jarring Unit 2 into something special and magical. Low fashioned his drab room on the fourth floor into a bachelor pad replete with automated curtains, motion detection sensors and voice-activated light control. He calls is BRAD, the Berkeley Ridiculously Automated Dorm. "It cost about two to three hundred dollars," Low explained to The Daily Cal. "Each device was in the same range of about 20 to 30 bucks."
MC Hammer Pays A Visit To San Quentin
MC Hammer paid a visit at San Quentin recently to talk to a group called The Last Mile, a group of five prisoners, led by two (free) venture capitalists who teach the men about new technologies, such as social media, and how to use those technologies to start a business. (They also have a Twitter, which we recommend following, and answer questions about prison life on Quora, done via help of free volunteers.)
Behold The Magic Cube, A Full-Sized Laser Keyboard
If only for the fact that it brings lasers into the game, we are more than intrigued by The Magic Cube, an operational QWERTY keyboard that works by using really bitchin' lasers. Made by Celluon, the gadget simply projects a keyboard onto a surface. Also, according to Laughing Squid, "this smart little gadget also works as a multi-touch mouse and a handwriting recognition device." We hope to see all of the tech patrons at Epicenter Cafe (ground zero for techie nerds, for some reason) tapping away on their tables in between fighting with each other for table space.
Apple Working On 7-Inch iPad Mini?
Apple is working on an iPad mini, or so says the rumor mill. How mini, you ask? An average yet still very satisfying 7 inches. It will run a bit longer than the iPhone, which measures a small 4.5". It will reportedly be available this fall (to coincide with the release of Windows 8). An estimated 6 million units will be ready for launch, and it could sell anywhere between $249 to $299.
Yahoo Layoffs To Start This Week
Thousands of loyal Yahoo employees will receive layoff notices starting this week. Research and marketing department will be the first to get hit, reports All Things D. "The ultimate goal, said multiple sources, is to cut many thousands from Yahoo’s staff of close to 14,000 employees, which is actually much larger, due to contract workers not officially in its roster."
NYC Man Sues Apple Because Siri Doesn't Understand Him
Those of us with an iPhone 4S boasting Apple's personal-assistant Siri, we understand the frustration when the nice lady inside our phone doesn't grasp a word we're saying. However, one New York man has had enough of Siri's hearing impairment so he's taking the Cupertino company to court. As reported in the Washington Post on Tuesday, Frank M. Fazio has filed a class-action lawsuit against Apple, "saying that the company has been 'misleading and deceptive' about what the iPhone 4S virtual assistant can do."
Video: Watch The New iPad Unboxing
Part of what makes Apple's fandom so rabid is the act and art of opening up a new Apple product. Like mainlining heroin, it's a quick high that the buyer can never reach again no matter how long or hard they use the doohickey itself. Apple is smart like that. A first look at the new iPad being unboxed, touched, and caressed comes to us from Vietnam, where users got their hands on an LTE-capable model days ahead of Friday's official launch, notes Apple Insider.
International Women's Day 2012 Honored By Google Logo, Grand Hyatt Protest
Today, March 8th, is International Women's Day. Google has reimagined its iconic logo into a piece celebrating the big day. To honor the holiday, as HuffPo notes, "Google created a simple, colorful doodle which transforms the 'G' into a female gender symbol, the second 'O' into a yellow flower and replaces the logo's regular blue with purple." (What, no ponies?)
It's Not The 'iPad 3', It's The 'iPad HD'
Before Apple's big next-generation iPad media vent hits Yerba Buena Center for the Arts on Wednesday, word has it that the Cupertino company will drop the numbers game when it comes to naming the new iPad. Specifically, they're going to call the new tablet the "iPad HD" and not "iPad 3." The name will reflect the device's new high-definition capabilities and look.
Photo: Yerba Buena Center Prepares For iPad 3 Event
San Francisco's Yerba Buena Center for the Arts gets ready for Wednesday's big iPad3 party. Invites for the event were sent out last week, featuring and image and only these simple words, "We have something you really have to see. And touch."
Breaking: Tim Lincecum Now On Twitter!
Just in time for spring training and the 2012 season, Tim Lincecum, your award-winning Giants pitcher extraordinaire and fellow In-N-Out admirer, is now on Twitter. Ta-da. What does his very first Twitter say? This: "@clint_dempsey @ussoccer just want to say congrats to you and the team on a great job and making the US proud, so pumped for you guys."
Did You Get Invited To Apple's iPad 3 Event? (It's March 7, FWIW)
Apple sent out invites this morning to an iPad 3 (or 2S) coming out party taking place on March 7th at Yerba Buena Center for the Arts where they unleashed the iPhone 4S last year. The invite, affixed with this image above, flirtatiously says, "We have something you really have to see. And touch."
How Much Did Zynga Save With The Payroll Tax Break?
Based off of the $510 million in employee stock compensation the Cityville maker reported to the SEC last week, the company would have owed the city upwards of $6 million in funds that could have covered city budget shortfalls. Of course, as District 2 Supervisor Mark Farrell rightly pointed out: if Zynga had packed up their Farmvilles and left for the sunnier tax climates of the peninsula, none of that money would have gone to the city anyway.
Early March Announcement For New iPad 3?
Hey, rabid iPad fans, get ready to change your pad for one that's clearer, crisper, and thinner. According to All Things D, Apple will announce the iPad 3 (or, worse, the iPad 2S) in the first week of March. "Sources say the company has chosen the first week in March to debut the successor to the iPad 2, and will do so at one of its trademark special events. The event will be held in San Francisco, presumably at the Yerba Buena Center for the Arts, Apple’s preferred location for big announcements like these."
Those Drunk Photos You Deleted From The Internet? Facebook Still Has Them
Facebook just doesn't know how to get over you, it seems. Three years after tech sites called out the social network for keeping copies of deleted photos on their servers, Facebook is still having a hard time permanently deleting all the old photos its users trashed in the sober light of day. Facebook originally claimed that an old photo management system wasn't properly clearing out the deleted photography, and that they've been working to improve it, but according to Ars Technica's follow-up report today photos deleted as many as three years ago could still be floating around the back corners of the Internet.
Here's The Facebook Update That Garnered A Record 1 Million Comments
A Facebook post by Tracey Hodgson and Cathy Matthews won the Guinness Book of World Record for having received a whopping 1 million comments. It does not, however, make any sense. The update in question was posted to an open Facebook group, called "Ffgpioneers/gwr/attempt," created exclusively to beat the commenting record. It reads:
Facebook IPO Could Come Next Week; Investors To See Ridiculous Windfall
Over the next few days, Facebook could file an IPO. Raising as much as $10 billion at a valuation anywhere between $75 billion to $100 billion, it stands to be "one of the biggest-ever U.S. public debuts." What does this mean for investors of the social media mammoth? It means they will make disgusting amounts of money. Lots of it. More than you could possibly imagine. Citing anonymous sources, the Wall Street Journal reports:
New iPhone 5 Rumors Swirl
New iPhone 5 rumors popped up this week. Among them? The next generation's iPhone release could come as soon as this summer. It might also (finally!) boast a larger display. Venture Beat reports, "The latest iPhone rumors point to a Summer 2012 launch, a larger form factor, and a possible 4-plus-inch display from LG. The details were leaked by a Foxconn worker in China to 9to5mac — the same source who correctly said an iPhone 5 wasn’t coming out last year."
Apple Astounds With Record Revenue
Apple reports its highest quarterly revenue and earnings ever, due in large part to sales of remarkable iPhone 4S. (We love our new white iPhone 4S more than anything else on Earth. This SFist editor and every privileged tween girl in SoCal thank you for the bitchin' phone, Apple!) "Apple's stock was up about 8% in after-hours trading about two hours after the market closed, which put its share price at $454," reports Information Week. "At that value, Apple's market capitalization stands at $423 billion, more than previous market cap leader Exxon Mobil, worth $418 billion."
Sneak Peek Inside The New Twitter Headquarters
The fine folks at Twitter—specifically, the benevolent Isaac Hepworth—sent SFist images of their new 10th and Market headquarters now in progress. Among the many niceties the larger, Tenderloin-adjacent office will boast? A garden, stellar views from reception, and more space for the growing social media giant. While still in its skeletal stage, the new offices will be a boon to the area.
Yahoo Announces New CEO: PayPal's Scott Thompson
After a four-month search, teetering tech company Yahoo announced their new CEO today, Scott Thompson, the president of eBay's PayPal division. Thompson follows feisty and f-word friendly Carol Bartz, who was released from her duties in September. According to Wired, Thompson "has his work cut out for him."

