As it launched the new Square Stand register last week, the mobile payments company announced that it is now processing $15 billion in transactions on an annualized basis, or $41 million in payment volume per day. These figures do not include Square's partnership with Starbucks.
(The annual run rate is up from $10 billion in November.)
Assuming a 2.75% processing fee going to Square, that works out to an annual revenue run rate of $413 million, although Square pays out a hefty portion of those fees to Visa, MasterCard, and others.
Back in August, we took a stab at quantifying what the Square-Starbucks partnership might look like. Looking at the latest analyst estimates, we think Starbucks is projected to do $3.7 billion in sales this quarter. If 75% of sales are historically in the U.S. and about half of those come through credit cards, that works out to approximately $5 billion in payments that Square will handle at Starbucks this year.
Coming of Age: 1930-1939Age in 2004: 83 to 92Current Population: 11-12 million (and declining rapidly)
Depression era individuals are conservative, compulsive savers, maintain low debt and use more secure financial products. Tend to be patriotic, oriented toward work before pleasure, respect for authority, have a sense of moral obligation.
World War II: Born 1922 to 1927
Coming of Age: 1940-1945Age in 2004: 77-82Current Population: 11 million (in quickening decline)
People in this cohort shared in a common goal of defeating the Axis powers. There was an accepted sense of “deferment” among this group, contrasted with the emphasis on “me” in more recent cohorts.
Post-War Cohort: Born 1928-1945
Coming of Age: 1946-1963Age in 2004: 59 to 76Current Population: 41 million (declining)
This generation had significant opportunities in jobs and education as the War ended and a post-war economic boom struck America. The growth in Cold War tensions, the potential for nuclear war and other never before seen threats, led to levels of discomfort and uncertainty throughout the generation. Members of this group value security, comfort, and familiar, known activities and environments.
Boomers I or The Baby Boomers: Born 1946-1954
Coming of Age: 1963-1972Age in 2004: 50-58Current Population: 33 million
Baby Boomers were defined as those born between 1945 and 1964. That generation encompassed 71 million people 20 years apart in age. It didn’t compute to have those born in 1964 compared with those born in 1946. Attitudes, behaviors and society were vastly different.All the elements that help to define a cohort were violated by the broad span of years originally included in the concept of the Baby Boomers. The first Boomer segment is bounded by the Kennedy and Martin Luther King assassinations, the Civil Rights movements and the Vietnam War. Boomers I were in or protested the War. Boomers I had good economic opportunities and were largely optimistic about the potential for America and their own lives.
from the invention of upcs and rfids to the launch of the iphone and facebook, the 20 great, not-so-great and sometimes scary moments in big data.
1) November 1936: The U.S. government starts issuing Social Security numbers.
2) June 8, 1949: George Orwell's "Nineteen Eighty-Four" is first published.
3) Some time in 1971 (the specific date is lost to history): IBM engineer George Laurer creates the Universal Product Code (UPC).
4) Jan. 23, 1973: Inventor Mario Cardullo is issued a patent for a memory-equipped passive radio transponder device -- a precursor of RFID (radio-frequency identification) technology that will allow for everything from E-ZPass tags for electronic toll collection, supply-chain management at retailers like Walmart, and the "Internet of Things," an interconnected world of billions of radio-tagged consumer products.
It is once again time for the NCAA "March Madness" basketball tournament. The eventual champions will get to bask in the national spotlight until the next cruis
Scott Capito's insight:
It is once again time for the NCAA "March Madness" basketball tournament. The eventual champions will get to bask in the national spotlight until the next cruise-ship disaster/shark attack/episode of "Girls"/baseball season/ happens. And sure, winning a basketball title is worth bragging about; but we all know the real champion is the institution of higher education that can charge the most tuition and still have enough students to keep its rejection letter printer warm. It's The Awl's annual NCAA bracket by tuition, using the college information resource Peterson's.* (Where available, in-state tuition was used.)
Here is a look at the top 15 teams according to the Basketball Power Index (BPI) which takes into consideration a team's schedule as well as how well a team plays with or without their top players (AP rank, record in parentheses). Each of the top six teams has a strong record versus the top 50 teams in the country. But with Louisville and Florida each sporting weak AP rankings, Indiana may still be a top seed even after their latest loss...
Exclusive: Google is planning to roll out a music streaming service to capitalize on the power of YouTube.
The two new services are defined by their respective places in the Google (GOOG) empire: Google Play for Android is a digital locker for music -- users buy, store, and sort a collection of tracks; but on YouTube's coming service, anyone can listen to tracks for free. Both services are said to be adding a subscription fee that will unlock additional features. For the YouTube-based service, this will likely mean ad-free access.
Fortune was briefed on the service by sources in the record industry and at Google who declined to be named. Through a spokesperson, YouTube issued the following statement: "While we don't comment on rumor or speculation, there are some content creators that think they would benefit from a subscription revenue stream in addition to ads, so we're looking at that."
Nate Silver, Michael Lewis, Mark Cuban and other sports luminaries share analytics advice you can apply to your business.
Want a career in data-driven decision-making? Nate Silver, the famously accurate predictor of the 2012 presidential election, advises neophytes to "run a fantasy baseball team or an NCAA Tournament pool" to learn applied statistics.
"Sports is a pure laboratory, and there are very good data sets available, especially in baseball and basketball," Silver said during a panel discussion on Friday at the Seventh Annual MIT Sloan Sports Analytics Conference in Boston. "There is luck involved in who wins and who loses, but you have good criteria for measuring success, so you can test ideas, make predictions and see how well it works."
Print media is dying; some may argue it is already dead. With the launch of the iPad and the current industry trend of tablet media consumption, consumers don’t want to clutter their homes with stacks of paper magazines and newspapers.
According to a Pew Research Center report released this month, a third of American adults own a tablet, giving traditional and corporate publishers a big opportunity to reach their audiences. Continued innovation in Adobe Digital Publishing Suite enables publishers and brands to drive readership, commerce, and customer loyalty. The latest features of DPS are designed to entice readers to purchase by allowing them to view publications on a website, sample free articles within an issue, and have optimized reading experiences on iPhone 5 and Android devices.
Hearst Magazines Digital Media announced the launch of five unique solutions that integrate sponsored features across Hearst's mobile, video, and traditional online content as well as social platforms.
The "Developing Story" is a page that features evolving stories on a specific theme and can live on multiple sites across the network, and incorporates contextual content from an advertiser paired with a specific story.
The "Trend Collage" is a brand-specific photo grid around a topic that resembles a pinboard, which may be curated by editors or built with advertiser images. This also allows for click-to-buy transactions.
The "Video Playgroup" solution aggregates ultra-short form, themed video content into a single page, and includes videos developed by or for advertisers that can be served across multiple sites.
The "Social Live Stream" integrates selected tweets, pins, and social media posts onto a sponsored page around a theme. Marketers may also integrate social media posts from their own experts.
Finally, the "Mobile Flipbook" is an image-based mobile ad unit that highlights the top content on the site -- marketers receive placement in this unit, which drives traffic to a sponsored flipbook.
The vast majority of U.S. adults read newspaper media content across a range of technology platforms, including 59% of Americans ages 18-24, the youngest cohort of adults, that many are skeptical that they ever think about newspaper content. This observation is from an analysis of the newest data on media usage from Scarborough Research, conducted by researchers at the Newspaper Association of America.
Though tablets and ebook readers are now mainstream, the revolution in the way they display content – and how that content will be generated dynamically – is yet to come.
With the introduction of analytics into the visual design of written content, we are on the cusp of an era of incredible evolution: one where the design of information changes in real time in response to data about the readers consuming it. New technologies from Amazon, Apple, Google, WordPress and Tumblr already provide a preview of Intelligent Content. In essence, it won’t be long before the media we consume knows us better than we know ourselves.
Content that reacts to being read
Around 1952, computer scientist Grace Hopper introduced new thinking about compilers –machine-independent software that would translate code written in human language into computer friendly binary ones. John Von Nuemann took Dr. Hopper’s work to a new level in his unfinished masterpiece “The Computer and the Brain,” which theorized that massive versions of compilers would eventually result in computers so intelligent that no human mind could keep up with them.
While the first iteration of Flipboard focused exclusively on consumption and discovery, Flipboard 2.0, out today, adds a new dimension to the experience: content creation and curation.
Flipboard remains one of the most beautiful ways to peruse the day’s news, photos and social media sharings. While the first iteration of Flipboard was all about consumption and discovery, today’s update adds a new dimension to the experience: content creation and curation.
Flipboard 2.0 transcends its position as a humble, albeit graphically rich, news reader to become an even more useful tool. You can bend it to your will in a variety of ways, creating an easy, visual way to bookmark content for later, aggregate news around a niche interest or even make a handsome video or audio playlist. Flipboard is going up again a host of apps and services, like Pinterest and Pocket, but all in one package.
The new app still looks and feels, for the most part, like what you’re used to, but adds the ability to create your own magazines, which you can choose to share or keep private.
To build one, simply hit the plus sign found in the lower right-hand corner of a graphic. This pops open a menu that lets you “flip” (yep, Flipboard is actionable now) items into one or more magazines. Anything goes here — examples range from “My Saved Articles” and “Recipes for Later” to “Our Modern Ruins” (a photo collection of abandoned buildings) and magazines dedicated exclusively to, say, cyclocross.
Digital revenues were up 16.6 percent in 2012 on a year over year basis. This isn't as strong as the annual growth in 2011, but it crushes all other platforms. Below, we charted out this year's growth in red, and in light grey you can see how each platform did in years past.
The growing platforms are online and cable. The shrinking platforms are magazines and newspapers.
The leadership of Apple Inc. (NASDAQ:AAPL) in the mobile device market will end in 2013.
In a press statement, IDC research analyst Jitesh Ubranim said, “One in every two tablets shipped this quarter was below 8 inches in screen size. In terms of shipments, we expect smaller tablets to continue growing in 2013 and beyond. Vendors are moving quickly to compete in this space as consumers realize that these small devices are often more ideal than larger tablets for their daily consumption habits.”
Apple Inc. (NASDAQ:AAPL) noticed the trend, which prompted the tech giant to introduce the iPad Mini in 2012. However, the smaller tablet will likely to hurt the sales of the larger iPad rather than its competitors. Apple CEO Tim Cook previously stated that the iPad Mini is cannibalizing the iPad sales.
During the first quarter earnings report of Apple Inc. (NASDAQ:AAPL) Cook stated, “Our base philosophy is to never fear cannibalization. If we do, somebody else will just cannibalize it, and so we never fear it.” Cook believed that the tablet market will eventually take over the personal-computer market and theorized that the iPad sales will continue to grow maintaining Apple’s profitability.
For a print publication to thrive today, it has to stop trying to replicate a web experience -- snappy boxouts! 140 character features! SEO-tested headlines! HASHTAGS ON THE GODD#*N COVER -- and st...
Editors of dozens of local newspapers say print is dead because they are unable to find an audience hungry for their daily bowl of rehashed AP Newswire copy, unfunny comic strips, dumb-as-a-rock “humor” columnists, and some nonsense about an escaped dog.
Media experts say print is dead because, well, that’s the kind of forward thinking insight you have to offer to succeed in media punditry. Writing off an analog format is far more likely to get you a book deal, and far less likely to come back and bite you in the ass than “betting against the future” might.
The consensus that print is dead is clear. And the continuing print success of the Economist (where the same number of subscribers choose a print-only subscription as a digital-only one) is annoying and confusing. As is the continuing print success of the New Yorker and The Week.
They’re easily dismissed though: Those magazines are special. Or they’re institutions that have been around forever (apart from The Week). Or they’re for stuffy old people (apart from The Week). Or, I dunno, the people who buy them are elves, or goblins — or some kind of creatures that eat paper. Perhaps they’re the same elves or goblins or creatures who buy a combined 6,005,090 print copies every day of the top-ten newspapers in the US.
Sharing your scoops to your social media accounts is a must to distribute your curated content. Not only will it drive traffic and leads through your content, but it will help show your expertise with your followers.
How to integrate my topics' content to my website?
Integrating your curated content to your website or blog will allow you to increase your website visitors’ engagement, boost SEO and acquire new visitors. By redirecting your social media traffic to your website, Scoop.it will also help you generate more qualified traffic and leads from your curation work.
Distributing your curated content through a newsletter is a great way to nurture and engage your email subscribers will developing your traffic and visibility.
Creating engaging newsletters with your curated content is really easy.