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Nov-06-2009Facebook restates ad policy, Offerpal does mea culpa(topic overview)
CONTENTS:
- Garrick admits that Offerpal made mistakes "I have quickly concluded that regrettably, Offerpal has been guilty of distributing offers of questionable integrity from some of our many advertisers." (More...)
- Q+A Douglas Ferguson How will we consume media in five and 10 years' time? Ferguson: When everything is digitized and libraries offer materials, we will have access to anything and everything whenever we choose, at a trivial long-tail price. (More...)
- Is it me or does Garrick's photo make him look like he a crooked game show host or the obligatory used car salesman? I am assuming he is no less the dirtbag than the previous CEO. With 25 years in the industry, I'm sure he is quite the huge douche bag. (More...)
- Garrick is replacing Anu Shukla (pictured), who founded the company in 2007. (More...)
- Q+A: Adam L. Penenberg Adam L. Penenberg is a journalism professor and assistant director of the Business and Economics program at New York University. (More...)
- If Halpern wins the suit, the damages could be lucrative, since Offerpal has since registered more than 160 million users in the past two years. (More...)
- Next you should look at the scammy companies supplying these offers like tatto. (More...)
- Smartphone sales continued to hum along in the third quarter, with worldwide shipments up 4.2% in the period compared to a year ago, according to new data from technology research firm IDC. The total of 43.3 million smartphones, which IDC calls "converged devices," also increased 3.2% from the. (More...)
- Gaming developer Storm8 has been sued for allegedly collecting phone numbers of iPhone users who downloaded the company's popular games from the iTunes app store. (More...)
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Garrick admits that Offerpal made mistakes "I have quickly concluded that regrettably, Offerpal has been guilty of distributing offers of questionable integrity from some of our many advertisers." He says that recent communications with partners stating that Offerpal was in compliance with Facebook rules were innacurate "we'''ve also made some erroneous communications to partners and developers about the state of our compliance. We recently sent a letter to our Facebook developers which assured them that we were completely in compliance with Facebook standards, when in fact we were not." Garrick also makes a series of promises in the comment, including "any offers we distribute meet stringent standards of integrity and quality, as specified by our partners, credible industry experts, and good old common sense" and "we will do everything we can within reason to lead the industry and set the example in these efforts." Garrick is very much taking the Mark Pincus approach to dealing with this situation. He's admitting mistakes and he's promising his company will do better. Compare his words to Shukla's a week ago. It's night and day. I am the new CEO of Offerpal (as of yesterday) and although I'''ve only got 48 hours under my belt, and have entered this industry in the midst of a recent firestorm of controversy, I thought it was time to share some of my thoughts and plans. [1] We'''ve also made some erroneous communications to partners and developers about the state of our compliance. We recently sent a letter to our Facebook developers which assured them that we were completely in compliance with Facebook standards, when in fact we were not. This was not a deliberate tactic of any kind, it was a mistake that reflected our ineffective checks and controls. Nevertheless, it was an inaccurate claim and for that we take full responsibility, and I apologize to Facebook and to their user community. The good news in all this is that it has brought to light some very important issues for our collective industry which need to be addressed immediately. It will be a fundamental part of the Offerpal culture that any offers we distribute meet stringent standards of integrity and quality, as specified by our partners, credible industry experts, and good old common sense.[1]
Direct marketing, in particular lead-gen, has always been full of questionable, misleading, and outright fraudulent marketers and offers. We all get these daily via snail mail, email, phone, and late-night TV. Unfortunately, this is the nature of the Direct Marketing beast. Although a distribution channel which carries or distributes such offers does not actually create the offers, I do believe that a channel that wishes to be perceived as credible and of high integrity does indeed have a responsibility to make sure that the offers it distributes are not deceptive or '''scammy'''. Over the last year, the use of offer-based payment systems such as Offerpal has skyrocketed, and it'''s pretty clear today that the industry has not kept up with its explosive growth in terms of properly policing the offers that are being distributed. I am not going to comment on events leading up to this situation, nor on other players in the industry, but I have quickly concluded that regrettably, Offerpal has been guilty of distributing offers of questionable integrity from some of our many advertisers. The policies we'''ve had up until now have not been thorough enough to prevent such offers from airing, nor has our organization had the proper focus and accountability to ensure quality assurance over the offers we distribute.[1]
For all the background, see our Scamville post and the related updates at the end. Garrick, who has been the CEO of Offerpal for less than 48 hours, is already taking a polar opposite approach to his predecessor. He left a lengthy comment, reprinted below, on a post earlier today about Facebook's policy and enforcement changes around application offers.[1] Shukla declined to comment, and Halpern's attorney did not respond to a request for comment. Shukla has been in the limelight this week because of a public battle with Techcrunch editor Michael Arrington over the ethics of offers, which are special ad deals that users of social games can accept in lieu of paying for items in a game. She also stepped down as CEO yesterday as the company hired George Garrick to replace her. In an interview, she said she will remain at the company. This lawsuit is another headache that will keep the company in the limelight. In Silicon Valley, where the stakes in founding startups are so high, such disputes among founders are common.[2] Social media and online games ad firm Offerpal Media is replacing its CEO and founder Anu Shukla with former Mochi Media chairman and CEO George Garrick.[3]
Board members have to worry about their fiduciary responsibility, which includes managing the company to maximize the value of the company for all shareholders (including themselves). If one of the Board members decided that Anu Shukla's behavior made her a liability for the future success of OfferPal and lowered the value of their investment, then it wouldn't take long for that Board member to contact and convince enough other Board members to make the CEO change. Even the notoriously friendly HP Board was able to dismiss Her Worship, La Fiorina, when the full details of HP's "pretexting", spying, and surveillance issues were disclosed.[1] Anu Shukla, founder of Offerpal, relinquishes the role of CEO which she has held since the company's founding in 2007.[4]
Fallout from the panel and subsequent discussion in the blogosphere led to official policies banning "app scams" from MySpace and gaming companies like Zynga and RockYou. (Meanwhile, executives like Playfish COO Sebastien de Halleux have maintained that it is the game developer's jobnot the ad vendor'sto avoid using "scammy" offers in the first place). Offerpal posted its own rebuttal to the bad press; Shukla also did an in-depth interview with VentureBeat. In it, she explained that the company processed about four million offer-based transactions per month, roughly 10,000 of whichor one percentdrew complaints from users that felt like the offers they'd signed up for weren't legit. She also maintained that the company didn't advertise to kids under 13, and that Offerpal's ads were fully FTC compliant.[5] Performance-based game ad firms like Offerpal and SuperRewards run campaigns that give players rewards like virtual credits, in exchange for completing surveys and trial offers from companies like Netflix. In some cases, people have complained that vendors don't disclose the full terms of the trialthat a user needs to opt-out within a specific time period to avoid being charged, for exampleor fail to deliver the reward after the user trades their information.[5]
The switch follows accusations the firm was engaged in unfair practices. Offerpal gives users virtual rewards if they complete tasks such as taking surveys or signing up to trial offers. Critics say the firm doesn'''t reveal the full terms of its offers, meaning some users can'''t opt out of trials soon enough and so incur charges. Offerpal has been accused of targeting these ad campaigns at children, though Shukla denies this.[3]
Facebook recently settled a founder dispute over the beginnings of the company and restored the name of Eduardo Saverin as a co-founder of the company presumably along with a large settlement fee. Shukla has said that the idea for Offerpal arose after she signed up for an Amazon.com credit card in exchange for an offer for $30 off her Amazon purchases.[2] After that meeting, Halpern, Shukla and Liu spent several weeks conceiving the Offerpal offers platform. In July, 2006, they agreed to create a company called Offerpal. They tried to get the web address but had to settle for myofferpal.com. They met again with Abrams on Aug. 1, 2006, to seek his feedback.[2]
In the lawsuit, Halpern paints the company's beginnings differently. He says that Shukla and he formed a close professional relationship between 2003 and 2006. She even invited him to her parents' 50th wedding anniversary. Shukla, who had founded Rubric, contacted Halpern in April, 2006, to tell him she was moving on from her latest startup, mybuys.com. She wanted to start a social network and wanted to know from Halpern what the latest trends among youths were. Halpern said he began researching ideas. In May, 2006, they met for lunch at the Sofitel Hotel in Redwood City, Calif., where Halpern alleges that Shukla promised he would get 15 percent to 20 percent ownership in the new startup, although they had no idea what they were going to do yet. In June, Shukla invited Liu, a successful entrepreneur, to join them.[2] Halpern found that the social networking market was getting too crowded, as Friendster and Facebook were already off to a head start. Then he set up a meeting with Jonathan Abrams, a major thinker on social networks who had a lot of knowledge of MySpace, Facebook and Friendster. Abrams suggested that they set up a business to feed offers, trials and surveys to social networking users as an alternative way to pay for goods in social networks.[2] If another platform offers a better monetiziation engine, and the app publisher wants the "scammy" offers, then OfferPal will lose the business to anyone who runs it. As mentioned, the real players who can make a difference are the government regulators, the mobile carriers, and the publishers (including both social networks and the apps that run on them).[1] Is it really OfferPal's responsibility to block offers if its publishers want them? If Offerpal doesn't offer the mobile offers, and the app publisher wants it and is able to run it via the platform the app runs on, then the app publisher will simply switch to a different app monetization service. The real culprits are an ineffective regulatory system, the carriers (e.g. Verizon, AT&T, etc) that make money off it, the very large publishers that are willing to look the other way so they can maximize their revenues, and the apps that want the the highest eCPMs they can get. I'm not saying OfferPal is a saint or an angel they certainly overplayed their position at the conference but this issue goes far beyond OfferPal. The only reason that the platforms and app publishers are singing a different tune today is because Mike Arrington/TechCrunch is calling them out on it.[1]
Q+A Douglas Ferguson How will we consume media in five and 10 years' time? Ferguson: When everything is digitized and libraries offer materials, we will have access to anything and everything whenever we choose, at a trivial long-tail price. Q+A Lance Broumand How will get your news in a few years? Broumand: I think it's one page that looks a lot like what the Drudge Report looks like right now. [6] Wearing the undergarments present some practical problems, Rachel Dodes. Unilever Price Cuts Surprise Analysts; Soap Deal Lifts Costs Bloomberg When Paul Polman became CEO of Unilever at the beginning of the year, he promised to stoke sales growth. He's done so by boosting advertising, accelerating the introduction of new products and, it turns out, by cutting prices by as. After Mickey's Makeover, Less Mr. Nice Guy New York Times Concerned that Mickey Mouse has become more of a corporate symbol than a beloved character, Disney is re-imagining him for the future, Brooks Barnes reports.[6]
Jeff Zucker Is Not Going Anywhere Jeff Zucker, CEO and president of NBC Universal, has been trying to turn digital dimes into digital dollars for years. Currently he's delivering tv programs online through Hulu, transforming nbc tv stations into hyper local Web destinations, and selling tv advertising based on the Internet's automated, targeted model. Jonathan Miller Preaches the Agnostic Gospel of the Cloud Jonathan Miller is more determined than ever to crack interactive media's money-making code in his new job as News Corp.' s digital chief. He's got plenty of learning experience to draw from, both as a partner at venture capital firm Fuse Capital and as the chairman and CEO of.[6] The nyc Wine and Food Festival had taken over half the Meatpacking District for the weekend, putting the focus. Trim Marks Original online video took a beating this year, but the shine hasn't quite worn off yet. Despite a string of high-profile broadband start-up flops earlier in the year, media companies like Alloy Media + Marketing, studios like Generate and Web destinations such as the Sony-owned Crackle continue to.[6] Your No. 1 Upgrade For 2010: Lifecycle Marketing If you're already thinking about how to take your email-marketing program to the next level in the coming year, you. INSIDE SEPTEMBER Fast Forward: The Future Of Media (Redux) It always feels a bit silly to me to write columns addressing the future of anything, but I can tell you that as I write this one - about the future of media, from a vantage point deep in a global economic recession - the feeling that comes.[6] Blinded by the Tweet The obsession with social media and consumer-generated content may be blinding us to something infinitely more important to the future of marketing. It has nothing to do with a tweet, a fan or a follower.[6]
In-game and social media ad firm Offerpal Media has a new CEO: former Mochi Media Chairman and CEO George Garrick.[5] Garrick's job is to keep it going and, perhaps, to make sure that Offerpal comes out on the winning side of the current debate over the ethics of offers. He has more than 25 years of experience in tech, ad, and consumer businesses.[7] Garrick signs on at Offerpal amidst a firestorm that has pit the ad offer giant against TechCrunch editor Michael Arrington. Last week Arrington publicly accused Offerpal of a number of questionable practices including knowingly allowing children to steal their parents credit cards in order to purchase virtual currency or complete ad offers and scamming advertisers into accepting leads of individuals who had no real interest or intention on following through on the offer.[4]
The inevitable "offers are scams" story finally blew on to the scene last week at the Virtual Goods Summit when TechCrunch's Michael Arrington attacked OfferPal's Anu Shukla for having misleading offers (e.g. sign up for Netflix, get 10,000 coinz) as a core part of her business.[8] In a statement, Shukla said the decision to bring in Garrick came after "many months" of searching. It is just unfortunate timing then, that the executive shift comes about a week after Offerpal was accused of running "scammy" ads during a panel at the Virtual Goods Summit.[5]
Garrick was on a team that took Information Resources from $2 million in revenue to $300 million. He was CEO of Flycast Communications, a direct-response ad network that had a $500 million initial public offering and then was acquired for $2.3 billion.[7] As CEO of Flycast Communications, Garrick repositioned the startup into a major direct-response ad network leading it to a $500 million IPO and a subsequent sale for $2.3 billion.[4]
Garrick, who has served as CEO of Wine.com, Jingle Networks, and Mochi Media, guided PlaceWare Inc. toward an acquisition by Microsoft for $200 million.[4]
Is it me or does Garrick's photo make him look like he a crooked game show host or the obligatory used car salesman? I am assuming he is no less the dirtbag than the previous CEO. With 25 years in the industry, I'm sure he is quite the huge douche bag. [1] Are you seeing what I'm saying? Boards dont just realize a ceo is not going to fix the standards based on her commentary. Nor is an experienced person like Anu going to say comments like'shit doulble shit bullshit' if she knew the board would out her for that. Her comments are first of all, not a reflection of her inability to see that standards need to be improved they are striving for that anyways to a degree but Garrick may prove to be stronger in doing so. Boards don't change CEO's based on incidents like this.[1] Yes, a company can indeed change CEOs that quickly. Not very often, but for a company like this it's not a huge deal. It's "saving the goose that lays the golden eggs." Offerpal's "overall standards" were brought into stark relief very quickly, and the board stepped up like they're supposed to do.[1]
Yea, a change of stance so soon after the new CEO comes in pretty much says a new CEO was brought in simply after the controversyNot like it was the cards all along, like some people suggested yesterday.[1] Updates from Facebook and Twitter are now central to people's information networks, much like bulletins from news wires or major dailies.[6]
Fremont, Calif. -based Offerpal has otherwise been a quiet player in the ecosystem of social networks. Social games such as Zynga's FarmVille have been huge hits on Facebook, which has grown to more than 300 million players.[7] RAM: Wooden Performance Who knew a well-placed Woody could get you nearly a million friends on Facebook? In early September, TV spots, viral videos and digital ads directed Facebook users to "Woody," a 30-something slacker who dubbed himself "Friday's biggest fan."[6] In another ironic shift in digital media planning, Google has licensed Nielsen Co.' s PRIZM audience segmentation system for advertisers and agencies using its Google TV Ads platform.[6]
Prior to joining Mediaedge:cia in a strategic digital and social media capacity about two years ago, Wolinetz honed a range of skills as a music industry insider, a medical school coordinator, a.[6]
We will customize our offer profiles to meet the needs and standards of each partner and will not attempt to have a '''one size fits all''' approach. We will do everything we can within reason to lead the industry and set the example in these efforts. Over the coming weeks you will hear much more from us on this issue, but more importantly you will see action and results. I will remain personally involved in this initiative and consider it one of my highest priorities in assuming my new role here.[1] We'''ve had a number of offers which were recently taken down by either ourselves or our partners. Although we believe that the majority of our offers were valid and not misleading in any way, we have acted conservatively by taking down the majority of our offers and we are now in the process of letting them back into the system after inspection.[1] It's called Public Relations 101. That whole post, including but not limited to "Although we believe that the majority of our offers were valid and not misleading in any way," was textbook crisis control straight out of the Tylenol handbook (look it up).[1] We are fully aware of the controversies around how linking and aggregating is done on the Web and we, in no way, are attempting to "scrape" original content created by others. Regarding third-party posts, we are trying to point readers of this site to other posts from around the Web that we admire and are trying to do so in the quickest manner possible. The Internet is full of terrific content that is not ours and we want to help our readers find it by making editorial suggestions-- Look, Mom, no algorithm! --of posts we think are worth their time. We have made even more changes to Voices to ensure we do this in the most transparent and timely way.[8]
The Age of Consent Consumers may find it intrusive if not downright creepy, but marketers, under immense pressure to meet quarterly goals, depend on behavioral targeting to squeeze digital dollars out of dimes. The question is: Can it be done in such a way that is beneficial to everyone? DOA Q&A: Philip K. Dick At a time when the whole world feels like it's falling apart, who better to talk to than someone who suggested that might be the case? Church & State Can the news business survive once-sacred walls toppling? Work with me on this, because you, the reader, are an integral part of this story. I want you to pick up this magazine.[6] Ecommerce Declines For Two Consecutive Years For The First Time Ever During the third quarter of the year, ecommerce spending was down 2% year-over-year to $29.6 billion, according to new comScore research.[6] With an average delivery of 19.4 million viewers, the six-game World Series outdrew last year's. Gannett's 'Buzz' Services Attract New Advertisers Editor & Publisher USA Today reports that offerings on its offshoot Web site -- the Buzz Bureau -- represent around 1% of its advertising revenue, so far.[6] CBS Interactive Reports Earnings Drop Of 15% Reflecting a weakened display advertising market, CBS Corp.' s third quarter Interactive revenues declined 15%, the company said on Thursday. That amounts to $121.3 million -- down from $142.3 million during the same quarter last year.[6]
Bad economy or no, online radio is poised to boom. Total online revenues are expected to grow 12% in 2009 to $441 million, according to a new forecast from SNL Kagan, followed by 20% growth in 2010, when they should top $530 million.[6]
ABC's Online Episode Commentary Draws Advertisers ABC.com's new "episode commentary" extension for its online video player will add comments from producers, viewers and advertisers alike.[6] Electronic Arts has partnered with Major League Gaming to offer online and live video game competitions. This weekend the companies arrive in Anaheim, Calif., to build bonds with gamers.[6] Shukla stirred lots of debate since Friday, when she got in a verbal tussle with Techcrunch editor Michael Arrington, who challenged Shukla about scam offers in social games.[7]
If not Offerpal than another company that can offer high eCPMs will serve offers.[1] "He did say that Offerpal as a company will be leader when it comes to conducting an ethical offer business."[7]
After that, Halpern alleges, the monetization engine concept for Offerpal was solidified. As they incorporated and divided up the stock, Liu told Halpern that he would not be considered a founder and was only a "friend of the company." Halpern demanded his stock from Shukla, but she allegedly told him he would get no equity and threatened legal action against him.[2] In August, Kevin Halpern filed a breach of contract lawsuit against Shukla. He alleges that he helped start the company in 2006 with Shukla but was cut out of promised stock ownership after a third founder, Michael Liu, joined the startup, according to the suit filed in Superior Court in Alameda County.[2]
Garrick is replacing Anu Shukla (pictured), who founded the company in 2007. [5] George is a solid industry veteran would should be able to able to clean things up. Anu Shukla demonstrated unbelievable arrogance and dismissiveness to an issue that is extremely important both to the safety of users and the credibility of all of us in the industry.[1] Anu Shukla days as the "visible" CEO were always numbered. She should have been smarter than that to launch an expletive containing 6 minute tirade when some subtle diplomacy may have given the story less impact.[1]
Shukla said of the hire that "after many months of searching, I believe that George is the best CEO to scale the company to new heights. I am looking forward to working with him closely."[4] A new CEO! Phew! Now I don't have to be worried about being taken to the cleaners when I spend my cold hard Mafia Wars Bucks on 3 Disney DVDs for $1.99 each.[7]
Q+A: Adam L. Penenberg Adam L. Penenberg is a journalism professor and assistant director of the Business and Economics program at New York University. His latest book, Viral Loop: From Facebook to Twitter, How Today's Smartest Companies Grow Themselves (Hyperion), will be on shelves in October. In the book, he explores trends. Q+A Lloyd Braun Who controls the media, and how (if it changes at all) does this control change? Braun: The consumer controls media. [6] Q+A Julie Roehm What changes are coming? Roehm: With the further development of video on demand, iptv, mobile, and many other emerging media opportunities, we have seen several "bad" user experiences. All too often, the focus is on "if we build it they will come" or "technology for the sake of.[6] Mobile regulars will sit back and exploit the system. Facebook had to do what it can to make money but now it should look to make a good user experience by filtering these out.[1]
If Halpern wins the suit, the damages could be lucrative, since Offerpal has since registered more than 160 million users in the past two years. [2] There are a lot of competitors in the business, but Offerpal has handled transactions for more than 160 million consumers in the past two years.[7]
Offerpal is backed by nearly $20 million in funding from D.E. Shaw Ventures, InterWest Partners and North Bridge Venture Partners. Release.[5] It's hard to imagine the VCs invested in OfferPal didn't know this was going on all along. You'd think prominent VCs like InterWest Partners, North Bridge Venture Partners and D.E. Shaw would care more about their reputations.[1]
Next you should look at the scammy companies supplying these offers like tatto. [1] Anu responded with the now classic line '''shit, doubleshit, and bullshit''', and the fun escalated over the past few days (see TC post here). At this point, market leader Zynga has thrown itself on its sword, saying it had made some mistakes with offers but was correcting them, MySpace has rushed out a press release against scam-like offers, Hot Or Not is proclaiming its saintliness by not accepting offers, blah, blah, blah.[8]
With Anu's reply, it became an issue that nobody would believe that Offerpal was turning with the tide. How can a company be led by a person who was so confident they were doing nothing wrong, then totally change course the next day? Think of it in terms of votes of no-confidence.[1] The company was incorporated as Offerpal Media in October, 2006. The suit alleges that Abrams was promised advisory shares but did not receive them.[2]
Today's announcement steers clear of the debate (which can be observed via an entry in the Offerpal blog, among other sites online) and dwells on Garrick's skill set and agenda going forward.[4] We need to be weaned off the click. That's what the online marketing world needs right now to improve branding, according to eMarketer. When Algorithms Collide The online advertising marketplace has seen its fair share of arms race-like tit-for-tat technology battles over the years.[6] Kellogg Removing Some Claims; FDA Plans New Labeling System Ad Age Kellogg said yesterday that it would discontinue marketing Rice Krispies and Cocoa Krispies as products that could boost a child's immunity but would continue to provide the increased amounts of vitamins A, B, C and E that it added to. Manufacturer Responding To Complaints About Shapewear Wall Street Journal Sales for "shapewear" -- undergarments that aim to give women wearing tight clothes a bulge-free silhouette -- have skyrocketed since Oprah put her imprimatur on Spanx nearly a decade ago.[6] Opponents say the Hollywood proposal to. DirecTV's Costs Offset Higher Revenue in 3Q The Associated Press DirecTV, the nation's largest satellite TV operator, says its revenue grew 10% in the third quarter as it added more new customers, but its results suffered from higher marketing costs used to attract them.[6]
New Report Says Oprah Is Jumping to OWN Broadcasting & Cable CBS' The Oprah Winfrey Show will depart broadcast syndication and move to Winfrey's new cable network, OWN, when the show's contract expires in 2011, according to a report published by Deadline Hollywood Daily. That. 'Gossip Girl' Protest Equals Free Promo for The CW Daily Finance The Parents Television Council has trained its rhetorical cannons on The CW Network, which has been promoting an upcoming episode of "Gossip Girl" featuring a three-way sexual romp between its teenage characters.[6]
The Ad Net Wars Move to the Mobile Front Get ready for a bloody fight over the mobile Web: The Internet is going mobile, and so are some of the Web's enduring controversies about a digital ad economy. Will mobile ad networks live to see the next stage of the platform they helped create?[6] AllThingsD.com is a Web site devoted to news, analysis and opinion on technology, the Internet and media. It is different from other sites in this space. It is a fusion of different media styles, different topics, different formats and different sources.[8] Google Bows Commerce Search Service Read Write Web Google has launched a new enterprise search product for etailers.[6] Ad:Tech NY Summons Heaven And Hell With An Epic Party After getting scolded at the comScore party, Gail Hilton of Thought Equity Motion and I headed to Marquee, a MUCH. Google Oversells Privacy Dashboard Google today breathlessly announced the launch of its new Dashboard, which lets users see all of the information associated with.[6]
Jenn-Air will. N.Y. AG Hits Intel With Antitrust Suit; Says It Bribed And Coerced Los Angeles Times Following a nearly two-year investigation, New York Attorney General Andrew Cuomo's office has filed a federal antitrust lawsuit against Intel saying that it, "used bribery and coercion to maintain a stranglehold on the market."[6]
Shukla fought back, saying Arrington's accusations were "shit, double shit and bullshit." The debate continued this week as Shukla offered a rebuttal Q&A in reaction to Arrington’s stories and industry players reacted as well.[7] Whether it was between spammers and spam filters or pop-up ads and pop-up blockers, our largely self-regulated industry has technologies battling for supremacy all the time.[6]
Smartphone sales continued to hum along in the third quarter, with worldwide shipments up 4.2% in the period compared to a year ago, according to new data from technology research firm IDC. The total of 43.3 million smartphones, which IDC calls "converged devices," also increased 3.2% from the. [6] Because it is run autonomously as a small online startup, we aim to exhibit the fresh thinking and nimbleness of the best of the new media.[8] Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms.[9] With streaming video a compelling new alternative to television and mobile phones far outnumbering personal computers.[6]
Gaming developer Storm8 has been sued for allegedly collecting phone numbers of iPhone users who downloaded the company's popular games from the iTunes app store. [6]
SOURCES
1. ScamVille: New Offerpal CEO Admits Mistakes, Makes Bold Promises
2. Lawsuit alleges Offerpal co-founder was cheated out of ownership | VentureBeat
3. StrategyEye
4. Virtual Worlds News: Offerpal Media Hires New CEO
5. Amid 'Scam' Accusations, Social Ad Firm Offerpal Installs A New CEO | paidContent
6. MediaPost Publications - Home of MediaDailyNews, MEDIA and OMMA Magazines
7. In midst of offers debate, Offerpal names George Garrick as CEO | VentureBeat
8. TechCrunch/OfferPal DramaMuch Ado About Very Little | Sean Ryan | Voices | AllThingsD
9. Entrepreneurial » Blog Archive » TechCrunch founder gets last laugh | Blogs |
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