The information stored on a TouchBase card is not limited to what's physically printed on it. When tapped against a smartphone screen in TouchBase's proprietary app, the card redirects to a digital profile with the cardholder's photo and contact information, with links toTwitter, LinkedIn and Facebook profiles, as well as photos and videos of creative projects. This is in contrast to other card-scanning technologies, which rely on a photograph of the card to transcribe information (LinkedIn and Evernote both offer such apps).
"This is a way to keep the look and feel of your card, but when you want to share more information, you have that ability," Yeung says.
The TouchBase profile is cloud-based, so you can update your information at any time.
The TouchBase profile is cloud-based, so you can update your information at any time. Users can also track their cards, seeing who has "tapped" their contact information.
There are a few drawbacks to the card's current technology. TouchBase's trial run is limited to the iPhone 5, 5S and 5C, and the app cannot export information to your Contacts list. Because the card stock is not especially flexible, users might need to remove their iPhone cases in order to lay the card flat against the screen. Yeung says that TouchBase plans to print on more flexible card stock in the future, and that native apps for iPhone and Android are in the pipeline.
TouchBase's Indiegogo campaign will be funding until March 15. As of this writing, the startup has raised nearly half of its $30,000 goal.
A new Marc Jacobs shop is opening in New York -- but one in which no money will ever change hands. The designer is cashing in on social hype over physical dollars to promote his fragrance, Daisy.
Jacobs has erected a pop-up store in Manhattan this weekend that will trade exclusively in what the company is calling “social currency.” This means that consumers can receive products in exchange for sharing content via Twitter, Instagram andFacebook with the hashtag #MJDaisyChain.
Transactions will take place on a “scaled system,” Marc Jacobs’ vice president of global marketing, Lori Singer told Entrepreneur.com, in that more creative posts will garner better swag.
Related: 6 Scents That Can Transform Your Mood and Productivity
While a basic mention will be worth a deluxe fragrance sample, for instance, the ten most inspired Instagram pictures every day will receive a Marc Jacobs handbag -- with a variety of items offered in between.
This isn’t the first time that Jacobs is aiming to capitalize on a staunchly engaged online community that is hungry to share its passion for the brand on social media in creative ways. To generate buzz for a former fragrance, Dot, for instance, the brand created a #MarcTheDot hashtag for polka dot fans to express their love for the pattern.
Accordingly, the pop-up shop is “is a way to give back to that community,” Singer said.
GoPro, the maker of hands-free video cameras that can be attached to helmets, sports equipment, pets, or any object in motion, revealed Friday that it’s thinking about jumping into the stock market with an initial public offering.
In a brief statement, the company said it had filed confidential IPO paperwork with the Securities and Exchange Commission, a way to gauge investor interest without showing all its tricks to potential investors and competitors. The timing, on the eve of the Winter Olympics, sure seems auspicious. A lot of IPO investors—creaky-jointed folks who run college endowments and pension funds—probably don’t spend much time on the action-sports blogs where GoPro footage is ubiquitous. But everyone watches the Olympics, at least a little bit, and over the next few weeks, high-definition footage of world-class athletes doing amazing feats will be practically inescapable. Olympic fever might just help it seem even more exiting to invest in the leading manufacturer of small cameras designed to be strapped to these athletes.
GoPro most definitely has growth. In 2012 it was poised to take in about $600 million, and the company estimated that it approached $1 billion in sales last year. The big question is whether that growth is sustainable given that the entire business essentially rests on a single product.
STORY: GoPro's Nick Woodman on Early Signs of Success
To command Wall Street capital, GoPro will have to convince investors it can keep drastically improving its bread-and-butter camera so existing fans will be likelier to buy newer models, and it will need to widen its ecosystem of ancillary gadgets: batteries, protective cases, attachments, etc. GoPro will probably also have to prove it can become a company that has some gravity, a way to lock customers into its products something like the way Apple (AAPL) did with iTunes.
At the moment, the major things keeping GoPro in business are a tide of marketing dollars and a lack of comparable cameras. A major rival in the point-of-view camera competition, Contour, suffered major setbacks last year. But smartphone videos sharpen by the day, and Sony (SNE) has released a lauded point-of-view camera of its own.
GoPro has tried to make its customers a bit stickier with a free app and video-editing software, but the format is by no means proprietary. The New York Timespointed out recently that GoPro hopes to become an adrenaline-fueled media company, following the template established by Red Bull in expanding from energy drinks to action-packed videos and media events. Red Bull now has its own TV station and an endless family of events that make for good video, from air races and cliff-diving competitions to downhill ice skating.
VIDEO: GoPro Founder: Out of the Office, on the Race Track
That model wouldn’t be a huge stretch for GoPro. It already has a long list of athletes on its sponsorship roster and a trove of “some of the best short-form content out there,” as GoPro founder and Chief Executive Nick Woodman told theTimes. Virgin America has added an extended segment of GoPro footage to some of its in-flight entertainment.
Of course, if it does gather more media clout, GoPro will face another challenge that many much bigger, more established tech companies are struggling with: selling ads.
We've all done it. One day it's pirating an album, the next day it's streaming movies from a sketchy site. Of course, we know all these things are illegal. But what about the other illicit activity you're engaging in online? Some may not be as obvious as you'd think. Criminal activity may be as simple as installing an ad blocker or hopping on an unsecured Wi-Fi connection. Though they may seem banal, some things we do every single day are technically counted illegal in the court of law. Even if the likelihood of getting caught is slim for some activities, practice caution in the future. Take a look at our gallery above and think twice the next time you download a random image from a Google search.
Home health and hospice services provider Gentiva Health Services Inc. (NASDAQ:GTIV) announced on Thursday its plans to close nearly 50 home health branches across the country, laying off hundreds of workers in the process. Gentiva is in the process of closing 46 locations across the country, Paula Shoemaker, vice president of sales support, marketing, and national accounts announced during a February 6 home health industry event, according to an 8-K filing. This is expected to result in the loss of “hundreds” of clinicians and other health care professionals, which Gentiva blamed on Medicare home health reimbursement rebasing. “Our 8-K filing with its disclosure of our plans for closing 46 offices stands on its own,” said a Gentiva spokesperson in a statement. “Home health care represents the most cost effective benefit to seniors in Medicare today. But as we previously indicated, if the four year reduction of reimbursement rates expected under CMS ‘rebasing’ continues across the industry, seniors will lose access to home healthcare – and costs will go up because seniors will have to resort to more expensive care options such as Emergency Rooms and hospital stays.” Gentiva currently has around 430 branch offices in 40 states, with 14,600 employees. Although the company is the largest home health and hospice services provider in the country based on revenue, it recorded $197 million of net losses through the first three quarters of 2013. The home health industry needs to seek Administrative relief from “significant” rate reductions produced by rebasing reimbursements, Gentiva added. Industry groups have spoken out against the financial impact of proposed home health rebasing that would cut Medicare reimbursements by 14% in the next four years.
(Reuters) - Twitter Inc's shares fell almost 25 percent on Thursday, wiping out about $9.8 billion in market value, after the company reported a sharp slowdown in user growth.
The stock, which debuted at $26 in November, hit a low of $50 in early trading. The shares hit a peak of $74.73 in late December as investors bet that the social media platform could become as ubiquitous as Facebook.
Analysts, unlike investors, were divided on the company's outlook a day after it reported fourth-quarter results.
Twitter, according to broker assessments, is either the overvalued owner of a niche product whose potential is fading or an undervalued phenomenon that is set to give Facebook a run for its money in mobile.
"We remain firmly in the latter camp..." said Deutsche Bank, one of one at least six brokerages that raised target prices or ratings on Twitter's stock.
Deutsche, in a note entitled "Great Quarter, Aside From The Most Important Metric", said it was impressed by Twitter's improving monetization and expected slowing user growth to reverse during 2014.
The broker, which sees Twitter on its way to 1 billion user, maintained a "buy" rating on the stock and raised its price target to $65 from $50.
The alleged operator of the notorious illegal-drug-peddling website Silk Road has agreed to let the feds sell off 144,336 bitcoins seized off the site out of fear the market for the booming virtual currency could soon crumble.
“The government and [Ross] Ulbricht agree that, due to the volatile market for bitcoins, the bitcoins” seized related to Silk Road “risk losing value during the pendency of forfeiture proceedings,” Assistant US Attorney Christine Mango and Ulbricht’s lawyer Joshua Dratel co-wrote in legal papers.
The bitcoins have skyrocketed in value since Ulbricht’s late-September arrest, from roughly $20 million then to $114.3 million as of noon Monday.
As The Post reported in December, Ulbricht filed legal papers in Manhattan federal court admitting he “has an interest as owner” of the bitcoins seized from his personal computer and claims they should be returned to him because bitcoins are “not subject to seizure” by federal law.
It’s the first time the courts have been asked to determine whether the controversial crypto-currency is an asset that falls under forfeiture laws.
Judge Paul Oetken on Monday issued a stay, delaying a decision on the forfeiture proceeding until Ulbricht’s criminal case is decided.
The decision allows both sides to move forward with plans to liquidate or sell the bitcoins in the interim and then stash the cash until Ulbricht’s criminal case is decided.
The feds also seized an additional 29,655 bitcoins from the Silk Road server, which were not claimed by anyone.
Two weeks ago, those bitcoins — now worth about $24 million — were forfeited to the government in the largest civil forfeiture action ever involving bitcoins.
NEW YORK (TheStreet) -- The eight momentum stocks I track can swing a lot on earnings reports.
Consider that when I wrote Netflix Lags as Tesla Leads Momentum Race, Tesla (TSLA_) was leading the 2014 momentum race with a year-to-date gain of 9.1% and Netflix (NFLX_) was in last place, down 10.3%. Since Jan. 15, Tesla -- which reported on Jan. 22 --- is up 13.6%, while Netflix -- which will report on Feb. 19 -- has surged 30.1% to move into first place in year-to-date price gains among the eight momentum stocks.
Analysts expect Tesla to report earnings per share of 4 cents. We will then see if the stock can retake the lead in the momentum race.
Netflix beat analysts' estimates by 14 cents, earning 79 cents a share in the quarter ended in December. Netflix shares gapped higher the next day and have yet to look in the rearview mirror as the stock reached another all-time intraday high at $430.50 on Friday.
Here are my buy-and-trade profiles for my eight momentum stocks:
Apple (AAPL_) ($519.68 vs. $557.36 on Jan. 15, down 6.8%) reported its quarterly results on Jan. 27, and beat EPS estimates by 46 cents, earning $14.50 a share.
There was a negative reaction to some of the details presented in the earnings report, and the stock gapped lower on Jan. 28. It traded as low as $493.55 on Jan. 31, but stayed above its 200-day simple moving average at $487.19. The weekly chart is negative with Apple's five-week modified moving average at $530.16 and the 200-week SMA at $434.68.
Apple has recently been downgraded to hold from buy by www.ValuEngin.com and is 6.2% overvalued with a gain of 11% over the last 12 months. My weekly value level is $514.40 with an annual pivot at $517.05 and monthly and annual risky levels at $540.05 and $586.06. Above are my new semiannual risky levels at $657.40 and $666.94.
Amazon (AMZN_) ($361.08 vs. $395.87 on Jan. 15, down 8.8%) reported its quarterly results on Jan. 30 and missed EPS estimates by 20 cents, earning 51 cents a share.
The stock gapped lower on Jan. 31, and traded as low as $337.73 last Wednesday, staying above its 200-day SMA at $322.18. The weekly chart is negative with its five-week MMA at $377.94 and its 200-week SMA at $225.34.
Amazon's share price weakness resulted in an upgrade to buy from hold with the stock overvalued by 69.6% and with a gain of 38.8% over the last 12 months. The stocks 12-month trailing price-to-earnings ratio remains extremely elevated at 598.5. My annual value levels are $334.95 and $259.67 with semiannual pivots at $351.11 and $359.11 with quarterly and monthly risky levels at $402.56 and $407.77 vs. the all-time intraday high set at $408.06 on Jan. 22.
The addictive game that soared to the top of iPhone and Android app downloads disappeared from app stores on Sunday, though players who already have it apparently can keep on flying.
A tweet from the game's creator suggested that its sudden success had become an albatross.
"I am sorry 'Flappy Bird' users, 22 hours from now, I will take 'Flappy Bird' down," developer Dong Nguyen wrote on Saturday. "I cannot take this anymore."
Nguyen, a Vietnamese developer with a studio called DotGears, did not reply to CNN's request for an interview last week and has stayed mostly quiet in the wake of the game's recent and sudden success.
His no-frills game gave players a chance to steer a tiny bird through an obstacle course of metal pipes. But it's unclear why it shot to the top of the most downloaded charts.
Although new players can no longer download "Flappy Bird," the game remains playable for those who had already added it to their devices.
Hundreds of phones with "Flappy Bird" installed have suddenly appeared for sale on eBay at prices up to $15,000.
"Flappy Bird" was originally released for the iPhone in May but didn't become the top free iPhone app until mid-January, following a surge in popularity that seems to have kicked off in early December. Observers have voiced several unproven theories about the game's sudden success, including the use of bots to get it on Top 10 lists artificially, organic enthusiasm on social media and a surge in amusing user reviews in the Apple App and Google Play stores.
Nguyen told Chocolate Lab Apps he created the game in two to three days and says he did not promote the app in any way after its release.
In a series of Twitter posts Saturday, he said he wouldn't sell "Flappy Bird" and would continue to make games.
"It is not anything related to legal issues," he said. "I just cannot keep it anymore."
Last week, "Flappy Bird" had an average four-star rating from more than 543,000 reviews in the Apple App Store and 228,000 on Android. Many of the reviews were lengthy, tongue-in-cheek tales of time lost, marriages ended and people going cuckoo after playing the game.
GoPro's tagline is “Wear it. Mount it. Love it.” Now, it can include "Go public."
The San Mateo, Calif.-based maker of go-anywhere action cameras has filed for an initial public offering, according to a company press release. GoPro said it has filed its draft registration and will sell stock in the company as soon as the Securities and Exchange Commission processes its paperwork.
GoPro makes HD cameras that can be worn or mounted. The company’s founder, Nick Woodman, launched the company because he and his surfing buddies wanted to share with others how it feels to be out in the ocean catching waves.
Related: Go-Anywhere Cameras Snap up a Devoted Following
GoPro caters to active sport enthusiasts with a pension for extreme adventures. For example, the company advertises that its camera mounts work well for bikers, snowboarders, paddle boarders, and, of course, surfers.
Part of what has driven such a cult-like following to the GoPro brand is that it encourages users to upload video taken with its device to its YouTube channel. It’s not hard to understand why this gear -- and the brand it’s associated with -- is so much fun. Check out this video of shark-riders (below).
Ross Ulbricht, the alleged creator of the Silk Road online black market, will go to trial in November and be held until then without bail, the U.S. Department of Justice said Friday.
Ulbricht has pled not guilty to a range of charges tied to his alleged activities with Silk Road, including a so-called “kingpin” charge often reserved for organized crime groups. He was arraigned Friday at the U.S. Court for the Southern District of New York in Manhattan.
At that hearing, Judge Katherine Forrest set the trial for November. Prosecutors and defense attorneys will attempt to sort out what evidence can be presented at trial, according to a schedule laid out by the judge.
On February 27, the government will provide the defense with data from computers that were seized during the investigation, said a spokesperson at the U.S. Attorney’s Office for the Southern District of New York.
According to a Forbes report Friday, prosecutors said they also have between eight and 10 terabytes of data that they will share with defense attorneys and may use at trial. At a hearing in December, the government referred to data it had collected from Silk Road’s servers and Ulbricht’s own laptop, the report said.
Ulbricht is being held at a detention center in Brooklyn.
Joshua Dratel, Ulbricht’s attorney, did not immediately respond to a request for comment. In the lead-up to the arraignment, his office said Ulbricht would plead not guilty to the charges and that the indictment against him had been expected.
In addition to the kingpin charge, the indictment includes charges of narcotics conspiracy, which carries a minimum ten-year sentence and a maximum of life, as well as computer hacking and money laundering charges.
Silk Road allegedly facilitated the distribution of hundreds of kilograms of illegal drugs between 2011 and 2013. It accepted payments in bitcoins in an effort to conceal the identities of its users, prosecutors say. More than $150 million worth of bitcoins at current exchange rates were seized in the course of the investigation, the DOJ said in an indictment issued earlier this week.
The site was shut down by the FBI in October, though a new version, dubbed Silk Road 2.0, has since launched. Some of the moderators of the new site were apprehended by authorities in December.
For Immediate Release Friday, February 7, 2014 CONTACT: Lauren Stansbury 402-540-1208 firstname.lastname@example.org President Obama Signs Farm Bill with Amendment to Allow Industrial Hemp Research State Hemp Research Pilot Programs to become First Step in Restoring American Hemp Agriculture and Manufacturing Industries WASHINGTON, DC — Vote Hemp, the nation's leading grassroots hemp advocacy organization working to revitalize industrial hemp production in the U.S., is excited to report that President Obama has signed the Farm Bill which contains an amendment to legalize hemp production for research purposes. Originally introduced by Representatives Jared Polis (D-CO), Thomas Massie (R-KY) and Earl Blumenauer (D-OR), the amendment allows State Agriculture Departments, colleges and universities to grow hemp, defined as the non-drug oilseed and fiber varieties of Cannabis, for academic or agricultural research purposes, but it applies only to states where industrial hemp farming is already legal under state law. Senator Mitch McConnell (R-KY) successfully worked to retain and strengthen the hemp research amendment during the Farm Bill conference committee process. The full text of the bill may be found at: www.VoteHemp.com/FarmBill. "With the U.S. hemp industry estimated at over $500 million in annual retail sales and growing, a change in federal law to allow colleges and universities to grow hemp for research means that we will finally begin to regain the knowledge that unfortunately has been lost over the past fifty years," says Vote Hemp President Eric Steenstra. "This is the first time in American history that industrial hemp has been legally defined by our federal government as distinct from drug varieties of Cannabis. The market opportunities for hemp are incredibly promising-ranging from textiles and health foods to home construction and even automobile manufacturing. This is not just a boon to U.S. farmers, this is a boon to U.S. manufacturing industries as well." So far in the 2014 legislative season, industrial hemp legislation has been introduced or carried over in thirteen states: Arizona, Hawaii, Indiana, Mississippi, Nebraska, New Jersey (carried over from 2013), New York, Oklahoma, South Carolina, Tennessee, Washington (two bills carried over from 2013), West Virginia and Wisconsin. The full text of these state hemp bills may be found at: www.VoteHemp.com/state.html#2014. In addition to the Farm Bill amendment, two standalone industrial hemp bills have been introduced in the 113th Congress so far. H.R. 525, the "Industrial Hemp Farming Act of 2013," was introduced in the U.S. House on February 6, 2013, and the companion bill, S. 359, was introduced in the U.S. Senate soon thereafter on February 14, 2013. The bills define industrial hemp, exclude it from the definition of "marihuana" in the Controlled Substances Act (CSA), and give states the exclusive authority to regulate the growing and processing of the crop under state law. If passed, the bills would remove federal restrictions on the domestic cultivation of industrial hemp. The full text of the bills, as well as their status and co-sponsors, can be found at: www.VoteHemp.com/legislation. To date, thirty-two states have introduced pro-hemp legislation and twenty have passed pro-hemp legislation. Ten states (California, Colorado, Kentucky, Maine, Montana, North Dakota, Oregon, Vermont, Washington and West Virginia) have passed industrial hemp farming laws and removed barriers to its production. These states will be able to take immediate advantage of the industrial hemp research and pilot program provision, Section 7606, of the Farm Bill. Three states (Hawaii, Kentucky and Maryland) have passed bills creating commissions or authorizing research. Nine states (California, Colorado, Illinois, Montana, New Hampshire, New Mexico, North Dakota, Vermont and Virginia) have passed resolutions. Finally, eight states (Arkansas, Illinois, Maine, Minnesota, New Mexico, North Carolina, North Dakota and Vermont) have passed study bills. However, despite state authorization to grow hemp, farmers in those states still risk raids by federal agents, prison time, and property and civil asset forfeiture if they plant the crop, due to the failure of federal policy to distinguish non-drug oilseed and fiber varieties of Cannabis (i.e., industrial hemp) from psychoactive drug varieties (i.e., "marihuana"). # # # Vote Hemp is a national, single-issue, non-profit organization dedicated to the acceptance of and a free market for low-THC industrial hemp and to changes in current law to allow U.S. farmers to once again grow this agricultural crop. More information about hemp legislation and the crop's many uses may be found at www.VoteHemp.com or www.TheHIA.org. Video footage of hemp farming in other countries is available upon request by contacting Ryan Fletcher at 202-641-0277 or email@example.com.
The number of people who applied to receive unemployment benefits in the last week of January fell by 20,000, reversing the increase from the week before and signaling that the U.S. labor market continues to gradually improve. Initial jobless claims fell to a seasonally adjusted 331,000 in the seven-days ended Feb. 1 from a revised 351,000 in the prior week.