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Thursday, February 6, 2014
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vungle

Vungle, a mobile ad startup that focuses on 15 second, in-app videos, is announcing that it has raised $17 million in Series B funding.


It’s only been six months since the company announced its $6.5 million Series A. CEO Zain Jaffer said Vungle didn’t need to raise more money, but the additional funding will allow the company to be “a lot more aggressive” — apparently Jaffer’s plans include tripling headcount by the end of the year (Vungle currently employs around 50 people) and growing internationally, particularly in Asia.


The company is also in the “final stages” of building what it says will be “the first-ever in-app mobile video ad exchange.” That’s going to be important an important for bringing brand advertisers on-board, Jaffer said. Until now, most of Vungle’s ads have been trailers for other apps, but with the exchange, brands can easily repurpose their TV ad content for mobile.


Jaffer added that his goal is to become “a full monetization platform for publishers,” and that Vungle will be launching more monetization products later this year. In talking about the company’s broader vision, he noted that he was about to become a father (in fact, he was on the phone with me just a few hours before his wife gave birth yesterday — how’s that for dedication?), and that children are increasingly accustomed to interactive, touch-based interfaces.


“They’re not going to tolerate the crappy experiences that exist today,” he said. “If no company pushes the envelope, the future is going to look like an awful pace.”


Will building video ad products really help with that? Jaffer argued that it will, because Vungle is building “the plumbing” for the industry to move away from “intrusive and annoying” banner ads.


The Series B was led by Thomvest Ventures, with participation from previous backers Crosslink Capital, Google Ventures, AOL Ventures, SoftTech VC, and Webb Investment Network. (AOL owns TechCrunch.) Thomvest managing director Don Butler is joining the Vungle board.


The company says 100 million people fee Vungle Ads every month.





9:11 AM

Vungle , a mobile ad startup that focuses on 15 second, in-app videos, is announcing that it has raised $17 million in Series B funding. It’...

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clvrgrl

A new bit of malware, Linkup, is a clever girl. First it takes control of the DNS servers your computer pings to connect to the Internet and, while you’re wondering how to delete it, begins mining bitcoins on the sly. Anti-virus purveyors Emisoft identified the ransomware in the wild.


The program essentially blocks all Internet access, instead throwing up a bogus warning from the Council Of Europe about potential child pornography on your machine (you can see it at 62.75.221.37/worlds/test/index.html until it’s inevitably blocked BUT DO NOT ALLOW IT TO INSTALL ANYTHING AND ENTER THE URL AT YOUR OWN RISK). To regain access to your Internet you’re asked to pay 0.01 euro by credit card (“likely a blatant lie,” writes Emisoft and we concur) and submit personal information.


Emisoft published an excellent analysis of the malware on their site.


Screen Shot 2014-02-06 at 11.27.37 AM


After firmly ensconcing itself into your system and rerouting all Internet traffic, the program downloads and runs pts2.exe, a bitcoin mining botnet system that runs independently of the ransomware.


This combination of ransomware and Bitcoin mining is a new and fascinating development. At this point, however, its functionality is still quite limited as the downloaded jhProtominer only works on 64-bit operating systems. In time, it will be interesting to see if Linkup is modified to download more flexible variants.

What happens if you pay the ransom? Presumably the malefactors will turn your Internet back on remotely once they’ve gotten your credit card number and personal info, a chilling thought. Given the realistic landing page and confusing behavior of the software, it’s clear that Linkup could be quite a dangerous piece of software if enough users believe its claims. Emisoft writes:





8:53 AM

A new bit of malware, Linkup, is a clever girl. First it takes control of the DNS servers your computer pings to connect to the Internet and...

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It looks like Google and European regulators have, at long last, reached a settlement to allay European Commission antitrust concerns. Google has struck a deal with European competition regulators, and the agreement now awaits formal EC approval. Under the terms laid out, Google would have to swallow its stiffest-ever antitrust penalties, but it would nonetheless avoid a finding of wrongdoing and a potentially massive fine. Importantly, its algorithm would be protected from regulatory oversight.


8:53 AM

It looks like Google and European regulators have, at long last, reached a settlement to allay European Commission antitrust concerns. Goo...

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Ross Ulbricht AKA the Dread Pirate Roberts of Silk Road fame is now facing a “kingpin” charge which carries with it a 20-year minimum sentence. By claiming that Ulbricht was part of a continuing criminal enterprise (the “kingpin statute”), the Feds have essentially handed Ulbricht a minimum 20 year sentence for his involvement in the the marketplace.


Because he was in the “position of organizer, a supervisor position, and a position of management, and from [whose] continuing series of violations Ulbricht obtained substantial income and resources,” the prosecutors are able to tack on more years of jail time in addition to any accrued through his other alleged crimes. The indictment also asks that Ulbricht forfeit all of his illegally gained assets and allows the government to go after any assets “placed beyond the jurisdiction of the court” or that “cannot be located upon the exercise of due diligence” will come out of Ulbrichts own assets, which could mean further investigations into DPR’s bitcoin stash.


It is believed that Ulbricht is cooperating with the government which has led to a number of arrests in the past few months of form Silk Road moderators. Ulbricht’s lawyer, Joshua Dratel, told Forbes:


“Ross will be pleading not guilty at the arraignment. The Indictment was expected and does not contain any new factual allegations. We look forward to beginning the discovery process and preparing Ross’s defense.”

US v. Ross Ulbricht Indictment by John Biggs





8:09 AM

Ross Ulbricht AKA the Dread Pirate Roberts of Silk Road fame is now facing a “kingpin” charge which carries with it a 20-year minimum sente...

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quizup ipad

QuizUp, the ultra-popular iPhone trivia game, just got bigger. Literally bigger.


Plain Vanilla Games, the maker of QuizUp, has launched a new version of its app today that is optimized for the iPad. By doing so, they’ve been able to make the game easier to navigate and more fun to play — especially if you’re taking on your opponent with a friend nearby.


In case you’ve been living under a rock for the last three months, QuizUp is an ultra-fun trivia game in which you can match up against friends or strangers on any number of topics. Players get points based on how quickly (and how correctly) they answer a series of six questions, then scores are tallied, and someone’s declared a winner.


There are literally hundreds of topics to choose from, which means there’s more or less something for everyone. With more than 350 topics and nearly 200,000 questions, you could play for days and never bump into the same questions.*


So far, QuizUp has managed to attract 10 million users since launch, which is pretty impressive for a game that no one had heard of just a few months ago. But that was just on the iPhone. What happens when the app is available on even more platforms?



We’ll find out with the launch of the new iPad app.


Plain Vanilla did pretty much exactly what you would expect in translating its iPhone app to the iPad, which is to take advantage of the larger screen and make the game easier to navigate. Instead of the hidden sidebar used to navigate through the iPhone app, the app now boasts a nav bar that is always on the left-hand side of the screen.


“The biggest change in the UI on the iPad version is that you have more space,” Plain Vanilla CEO Thor Fridriksson told me. What’s important, he said, is how the app uses that space. “QuizUp is an incredibly deep game… With the extra size of the iPad, we’re putting all the navigational elements up top, so it’s always there.”


By doing so, the app makes it easier for users to click through to the home screen, see which friends they can challenge to matches, navigate through their favorite topics, or even see which achievement badges they’ve collected along the way. But the team is also hoping to increase social interactions and build more community between users.


Also included in the navigation bar are options for quickly jumping to messages, where you can chat with players that you’ve matched up against. There’s also a screen for users to jump into discussions about some of their favorite topics.


“We want everything to be one touch away,” Fridriksson said. “With millions of users, by taking away that extra click every time they want to go somewhere, we’re saving hundreds of millions of clicks.”


Over the past few months, QuizUp has been adding to the number of photos in some of its quizzes, taking advantage of the visual element that it can make available in its trivia matchups. According to Fridriksson, photos have been incredibly popular in a series of “Name the X” topics that are available. (Think “Name the celebrity,” “Name the state flag,” etc.)


Since Plain Vanilla has been working to make sure it uses only high-resolution images, those questions really shine when they’re viewed on an iPad’s retina display.


quizup topics


“Visual questions add a whole new layer to the experience,” Fridriksson said. “On the iPad [with retina display] it just intensifies that effect.”


While the iPad is the next device platform that QuizUp hopes to conquer, it’s not the only one. Next up is Android, where Plain Vanilla hopes to soon launch an app that will be available for both smartphones and tablet devices.


And the company also hopes to reach a broader international audience. While it’s being used by users in all the major continents around the world — I know because I’ve unlocked the “Atlas” achievement for engaging players on each of them — Fridriksson says that the team is working to localize its games to reach more players in more languages.


“In the year 2014, there will be a local QuizUp in all major languages and countries,” he said.


Having just raised $22 million from Sequoia, it’s well positioned to do that. The team has increased from seven employees a year ago to more than 40 today, and it continues to grow.


New platforms, new languages, new topics, new games. Plain Vanilla has a lot of work ahead of it, and that first 10 million users is just the start.


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* The more committed among us, who pound one topic over and over (I’m Level 60 in The Wire) will know that sooner or later you’ll just start memorizing answers to the questions.





8:09 AM

QuizUp , the ultra-popular iPhone trivia game, just got bigger. Literally bigger. Plain Vanilla Games, the maker of QuizUp, has launched a n...

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WHIRLSCAPE INC. - New Mobile Keyboard Minuum

Toronto-based startup Whirlscape has secured $500,000 in seed funding in a round that included Y Combinator, FundersClub, BDC Venture Capital and more, the company announced today. The startup created Minuum, a software keyboard that reduces occupied screen real estate to a single line, and that works with a range of devices, including wearables with small screens – or no screens at all.


The company launched its Minuum beta last year, and then made the software available to all on Google Play as a paid app later on. The 10-employee team has no only shown the value of its software on traditional hardware like smartphones, but also on devices breaking new ground in emerging categories, such as the Samsung Galaxy Gear, as seen in the video below.


Minuum made its debut on Indiegogo, where it managed to raise $87,354 over the course of its crowdfunding campaign, or almost nine times its original $10,000 goal. There’s a clear continued interest in alternative input methods for mobile devices, as evidenced by the success of others including Fleksy and SwiftKey. Growing interest in wearable tech, and the prospect of devices from major players like Google and Apple on the horizon have only served to fuel additional interest in alternative input methods for text and numbers.


“We’re working with a number of wearable device partners to try and really demonstrate the potential that Minuum has on their devices,” explained co-founder and CEO Will Walmsley in an interview. “I can’t get much more specific, but definitely there are a couple of smartwatches that we’re working with, and a couple of devices beyond smartwatches, too.”


Besides building wearable integrations, Whirlscape is also going to focus on growing its Android user base and engagement stats, leading up to the YC demo day in March, after which point Walmsley says they’ll probably turn their attention to bringing on new talent to add to the existing ten person team.


There will be a big reward for the first company to make it easy to do text input on a tiny, wrist-borne screen if the interest in smartwatches from big OEMs continues, so Whirlscape is smart to be trying to solve that problem early on.





7:54 AM

Toronto-based startup Whirlscape has secured $500,000 in seed funding in a round that included Y Combinator, FundersClub, BDC Venture Capit...

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iWatch Concept by Todd Hamilton

Apple is seeking physiologists to join its team, according to a new call for job applicants discovered by 9to5Mac today. The position on offer is for a “User Studies Exercise Physiologist,” and seeks a candidate who will be responsible for creating and conducting studies “related to cardiovascular fitness & energy expenditure, including calories burned, metabolic rate, aerobic fitness level measurement/tracking” and more.


At the very end of the listing, Apple also notes that the right candidate will not only need to gather and research this kind of data, but also “apply relevant knowledge to the design of products and their testing/validation through user studies.”


The new job listing comes hot on the heels of a report earlier this week from 9to5Mac about Apple hiring a sleep research expert away from Philips, and the Jan. 31 report from the website about Apple working on a new dedicated health app called “Healthbook” for possible inclusion in its next major iOS iteration, iOS 8. 9to5Mac speculates that these, combined with recent reports that top Apple execs are meeting with the FDA, confirm the company’s intent to enter the health and fitness product market, and that an iWatch riddled with biometric sensors could be the first such device to come to market.


So far, Apple has kept mum on all speculation regarding a potential iWatch or any upcoming changes to iOS 8. But Apple CEO Tim Cook did at least acknowledge that “the wrist is interesting” and “natural” in terms of the wearable category, but also that there’s nothing really compelling already out there in the market to convince an average consumer who doesn’t wear something on their wrist to invest in wearable tech. I’ve argued in the past that the problem with current wearable tech is that none of it offers something you necessarily miss deeply when you forget it or it runs out of battery for a day; Apple may be trying to change that with all this focus on health-related hires, research and development.


At this point, there’s no question in my mind that Apple has wearable tech far along in the product pipeline. But unlike competitors including Samsung, it will never release anything half-baked, so it could be a while yet before we see anything launch, despite the growing number of signals that point to an iWatch’s existence.


Image courtesy Todd Hamilton.





7:09 AM

Apple is seeking physiologists to join its team, according to a new call for job applicants discovered by 9to5Mac today . The position on o...

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