Sales/Support: 303.630.9751

M.KAP Hosting

News

GameStop to offer Android tablet and smartphone trade-ins, give you another excuse to upgrade

By Sean Buckley  posted Apr 29th 2012 4:46AM

GameStop to offer Android slab trade-ins, give you another excuse to upgrade

If you’ve been looking for a reason to replace your aging device with something a tad more contemporary, your local pawnshop GameStop is happy to oblige. According to Gadget Experts, the games retailer is looking to bolster its Android offerings with Samsung Galaxy Tab 10.1, Nexus S and Samsung Infuse 4Gtrade-ins at select GameStops this summer, expanding to all locations by the end of the year. Have a device that’s not on this short list? Don’t worry, Gadget Experts says the firm plans to fill out itstouchable trade-in inventory with more devices in the future. So, what’s a Galaxy Tab worth to gaming’s favorite pawn star? We’ll let you know when GameStop drops the official details.


Instagram’s Small Workforce Legitimizes Other Small Start-Ups

Just about every month I get asked, “How many people work full-time for your company?” Part of me wants to brag about how lean we run Hitched, while another part of me doesn’t want to say because of the reactions I’ve received in the past. “Just two,” I reply, and nine times out of 10 I hear the voice of the inquisitor trail off as if their interest got caught in the wind and swept away.

So when I heard that Facebook had snatched up Instagram—the free photo sharing mobile app that allows users to take photos and apply filters—and their 13 employees for $1 billion I about spit my coffee, then I began to feel reassured that running a small company is nothing to be ashamed of. In fact, in 2009 (the latest government data available) there were 27.5 million small businesses, according to the Small Business Administration’s Office of Advocacy (small business is defined as less than 500 employees—a ridiculous measuring stick in my opinion and perhaps a topic for another column). But more importantly, 21.4 million of those companies were without employees in 2008, roughly 3.5 million had up to four employees, just over a million had five to nine employees, and just over 400,000 had 10-14 employees. That means over 26 million of the 27.5 million “small businesses” in the United States are the size of Instagram or smaller.

Today’s businesses that work primarily in a virtual world, whether creating apps, content, offering services, etc., don’t need a huge workforce to have an impact or to reach a mass market. I’m not saying businesses shouldn’t look to hire when necessary, but having fewer than 100 employees is not a sign of weakness.

Here are five reasons you should be proud to be small:

1. It Forces You to Focus on What’s Important. When you don’t have extra hands to help out around the office (or garage turned office—52 percent of small businesses are home-based), you can’t waste time flipping through a catalog analyzing the different folder options for your filing cabinet. When you’re lean, if you don’t put your head down and make progress nothing will get done. Being really small means you don’t have the luxury of redundancy.

2. It Gives You A Better Understanding of the Whole. When we work in large corporate environments, we are typically confined to department silos. We may have a vague understanding of what’s going on across the office building, but we don’t really have a firm grasp on the entire picture. When it’s just you and a business partner or a few employees, everyone stays in the loop. When there’s no room for redundancy, everyone becomes a Jack of all trades.

3. You Can Put Emphasis on the Numbers that Matter. Instagram only had 13 employees, but they had over 30 million users when they were acquired by Facebook and had received nearly $60 million in total investment, securing a Series B round just days before the acquisition. When you’re small, results are what matter, whether that means generating web traffic, app downloads or customers. If that takes 50 people to achieve, fine. If it only takes six, don’t waste time or resources bringing in 44 extra people that will require their own attention.

4. Everyone Involved is Invested. Not everyone associated with the company may have an ownership stake, but they all have an investment in the success. An employee who aligns with a small company likely takes great pride in their responsibilities, understanding the concentrated impact their work has. Being small creates a familial atmosphere where everyone is rooting and depending on each person.

5. Freedom. When you’re small, you can turn on a dime. If you have an idea or need to recalibrate, there’s no multi-level bureaucracy standing in your way—it’s more like a single conversation to hash out the best way to move forward. Big companies pay millions trying to achieve that level of efficiency.

I realize there are a thousand articles and blogs out there arguing over whether or not Instagram is worth $1 billion. I’m not here to make such an argument since Facebook has made that price real. From here forward there’s no such thing as being too small to matter. Instagram has set forth the path where small is the new big, as in $1 billion big.

Via: Forbes.com


Exclusive: Facebook Deal Nets Instagram CEO $400 Million

By Mike Isaac
Photo: Ariel Zambelich/Wired

Facebook’s acquisition of the immensely popular photo-sharing service Instagram for $1 billion is far and away the largest acquisition in the history of the world’s largest social network. But for CEO Kevin Systrom and company, it’s a windfall payday like none other.

CEO Systrom owns 40 percent of Instagram, according to a source close to the company, who provided Wired with figures from 2011. That will net Systrom $400 million to take home as a result of the deal. Co-founder Mike Krieger holds about a 10 percent stake, and will net around $100 million. Benchmark Capital, the venture capital firm which led Instagram’s Series A funding round in 2011, has about an 18 percent stake, netting roughly $180 million from the deal. Andreessen Horowitz and Baseline Ventures, two investment firms backing Instagram, each have about a 10 percent stake, netting just under $100 million apiece.

The rest of the company’s 13 full-time employees will each get a portion of a nearly $100 million pool, with specific amounts awarded by how long the employee has worked at Instagram.

Announced early Monday, Instagram’s acquisition by Facebook is a huge win for a small, young company with a massive user base. In the two years since Systrom and Krieger founded Instagram, the photo-sharing app has exploded to a user base of over 30 million on iOS alone. Last week, the app finally became available to Android users for the first time, prompting over 1 million new user signups in the first 12 hours of release.

“This is an important milestone for Facebook because it’s the first time we’ve ever acquired a product and company with so many users,” Mark Zuckerberg wrote on his own Facebook page. “But providing the best photo sharing experience is one reason why so many people love Facebook and we knew it would be worth bringing these two companies together.”

Facebook was also quick to insist that it would not just make Instagram an appendage of Facebook, anticipating the consternation of the photo-sharing service’s legions of fans. “[W]e’re committed to building and growing Instagram independently,” Zuckerberg wrote. “Millions of people around the world love the Instagram app and the brand associated with it, and our goal is to help spread this app and brand to even more people.

Instagram echoed the message: “It’s important to be clear that Instagram is not going away.”

It’s an unprecedented acquisition for Facebook, and one that Zuckerberg says likely won’t happen again. “We don’t plan on doing many more of these, if any at all,” the CEO wrote in his Facebook status update. Though Facebook is certainly not shy to talent acquisitions; among others, Facebook purchased Gowalla late last year, as well as social service Hot Potato in 2010. However, Facebook only had to spend in the tens of millions on both acquisitions — nothing like the cool billion it dropped on Instagram.

Facebook users have long complained that the company’s mobile application for the iPhone, Android and other mobile OSes was terrible, and popular speculation suggested that the company would one day acquire a more polished mobile app. Many assumed that Path — the social app created by former Facebooker Dave Morin — would be the app Facebook would acquire, as it encompassed photo sharing, social discovery and check-ins in a well-designed mobile interface. Morin even turned down a$100 million dollar acquisition offer from Google at one point, reportedly because of unfavorable terms in the deal as requested by Google.


Facebook Buys Instagram For $1 Billion, Turns Budding Rival Into Its Standalone Photo App

Instagram_logoFacebook has just finished a deal to acquire mobile photo sharing app Instagram for approximately $1 billion in cash and stock. Instagram will remain an independently branded standalone app that’s separate from Facebook, but the services will increase their ties to each other. The transaction should go through this quarter pending some standard closing procedures

Last year, documents for a standalone Facebook mobile photo sharing app were attained by TechCrunch. Now it seems Facebook would rather buy Instagram which comes with a built-in community of photographers and photo lovers, while simultaneously squashing a threat to its dominance in photo sharing.

At 27 million registered users on iOS alone, Instagram was increasingly positioning itself as a social network in its own right — not just a photo-sharing app. And it was clear that some users were doing more of the daily sharing actvities on Instagram rather than Facebook’s all-in-one mobile apps, which had to be cluttered with nearly every feature of the desktop site.

With the Instagram for Android launch last week, Instagram was going to get to 50 million registered users in a heartbeat after racking up more than 1 million in the first 24 hours. And with that kind of momentum, Facebook felt like it had to move — fast. After all, photo sharing and tagging are arguably what *made* Facebook.

Whatever you think of the price given the fact that Instagram had no revenues, the reality is it was going to be worth whatever Mark Zuckerberg felt like paying for it. Both Google and Facebook had approached Instagram several times over the past 18 months, but the talks clearly didn’t result in a deal. So Facebook was going to have to offer a huge premium over the last valuation for Systrom and the board to take any deal seriously.

[Instagram's founders from left, Mike Krieger and Kevin Systrom. Portrait by Cody Pickens]

With the deal, Instagram will gain massive design and engineering resources by joining forces with Facebook, a big change after running as a famously lean company with just a handful of employees. Still, the deal seems to let Instagram stay somewhat independent and maintain some of its company culture. Instagram CEO Kevin Systrom writes in a blog post, “It’s important to be clear that Instagram is not going away.”

This is a really big departure from the way Zuckerberg has historically run Facebook as asingle product. He has always been insistent that everything feed back into Facebook itself. Keeping Instagram as a separate product and brand is reminiscent of what Google has done with keeping YouTube and Android as separate fiefdoms within the company following their acquisitions.

Instagram’s investors included Benchmark Capital, Greylock Capital, Thrive Capital and Andreessen Horowitz, along with angel investors including Quora’s Adam D’Angelo, Lowercase Capital’s Chris Sacca and Square and Twitter’s Jack Dorsey.

The early investors must be thrilled with the price. From our understanding, the later investors, who put capital into the company at a $500 million valuation, seem happy with basically getting a 2X in a few days after the money was wired last Thursday.

Congratulations to Instagram’s founders Mike Krieger and Kevin Systrom. You opened the world’s eyes to seeing art in everyday life, and now Facebook has opened its doors to you.

Via TechCrunch


Instagram for Android: The good, the bad, the ugly

by Jaymar Cabebe

To longtime Android users such as myself, the name Instagram might not mean much. Sure, we see the vignetted photos invading our Facebook and Twitter streams, and we notice the instagr.am links all over the place, but other than that, we don’t really get it. I mean, what is it, exactly? Is it just a bunch of camera filters? Is it a Tumblr-like social network? Well, now that everyone’s favorite hipster photo app is available, let’s take a close look at how the Android version (download) of this uberpopular app works.

(Credit: Instagram)

First thing I need to mention is that Instagram is a lot more than just a free photo enhancement app for your phone. It connects its users to a photo-based social network that’s more than 30 million users strong. With this powerful social functionality, the app makes it incredibly easy to not just polish and share photos, but also to keep tabs on friends through the built-in Instagram photo stream. So it looks like the answer is yes, Instagram’s got a bit of Tumblr blood in it, and that’s good.

Start by signing up for Instagram with an e-mail address, username, and password. From there, you can link your account to your Twitter, Facebook, Foursquare, and Tumblr accounts. But don’t worry, whenever you snap a picture, Instagram will still ask you which account(s) you want to share with. Linking just makes it so you don’t have to log in every time. If you choose not to share with any linked accounts, then your photo will simply live on your Instagram profile, and will be pushed out to your followers’ Instagram feeds.

Once you’re all connected, you can start snapping photos with the Instagram camera, which comes with simple flash controls and a camera-switch button to go from front-facing to rear-facing in a single tap. Beyond that, though, there’s not much else to the basic shooter. There’s no spot focusing, and no cropping or zooming once a shot is taken. Interestingly, though, you can crop and zoom in on photos imported from other apps into Instagram. What’s up with that?

After you snap your photo, Instagram gives you the option to use any of its 18 photo filters, each of which adds a slightly different look to your work. While each of the filters is uniquely interesting, what I noticed is that all of them evoke a similar retro/vintage feel. This isn’t necessarily bad (unless you think vintage is ugly), but it is worth noting. At this point in the workflow, you also get the option to rotate your photo, add a border, or enhance its brightness.

Even though the Instagram camera is solid and performs well as is, I would love to see a few additions in the next update. For one, this Android app absolutely needs Live Preview. As it is now, you can’t preview filters before snapping, the way iPhone Instagrammers can, and that’s bad. Also, it would be nice to get the Tilt Shift/Blur feature that iPhone users use to achieve the popular Toy Camera effect. Lucky for Android users, the folks behind Instagram assure us that they intend to bridge these differences in future updates.

With a decidedly basic camera and solid, but not groundbreaking, filters, the most attractive part of the Instagram app is definitely its user community. Once signed up, you can follow other Instagram users on the Feed page and have them follow you back. You can Like photos, make comments, and even browse trending photos through the Popular on Instagram tab. From the looks of it, the community is bustling with activity and is vibrant enough for someone with just the right photography aesthetic to gain a mass following. And this, I think, is the key to Instagram’s power: the ease with which it allows its community to share and interact with each others’ photos. So, even if you don’t plan on using the built-in camera, this vibrant community alone is a good enough reason to download the app. And in any case, you can always pretty up your pics in another app and share them through Instagram.

So, if you’re hungry for followers, and you love sharing your photos with as large an audience as possible, then the reality is that downloading Instagram is a must. It has a huge network in tow, and it makes it dead simple to share and interact with your friends’ photos. On the other hand, if you’re mainly looking for a high-end photo enhancement app to really make your pics shine, then this is probably not the right option.

 

 

 


Analyst sets $1,001 price target on Apple shares

NEW YORK (AP) —

A Wall Street analyst is setting the highest price target yet for Apple shares, valuing them at $1,001 each, or 63 percent more than their current price.

Topeka Capital Markets analyst Brian White says the Cupertino, Calif., company’s current stock pricedoes not reflect its rapid growth in the last years, nor its future growth prospects.

He’s basing his price target on his estimate for Apple’s calendar-year 2013 earnings, multiplied by 17. He notes that Apple shares carried a multiple in the mid-20s from 2006 to 2010.

Wall Street analysts called the company undervalued for much of last year, but the stock has risen to match some earlier estimates. It’s up 79 percent over the past 12 months.

Apple Inc. shares added 3 percent to $617.03 in afternoon trading.


Angry Birds Space Now Available for Download

by Stan Schroeder

Fans of the Angry Birds franchise, take notice: the disgruntled feathery creatures have conquered space, and they’re out to show those dastardly pigs a lesson.

The latest installment of this megapopular game, Angry Birds Space, is now available for iPhone, iPad, iPod touch and Android devices, as well as the Mac and PC.

The new version brings several important changes, most importantly gravity, which will allow players to use nearby planets to perform trick shots on unsuspecting pigs.

The game has 60 levels, with more content available through in-app purchases (only in the iOS version for now). The game includes hidden goodies and secret levels, and Rovio promises regular free updates for the future.

Owners of Apple’s new iPad will be glad to know that the game supports the new Retina display as well.

You can get the iPhone version here. The iPad version is available here, and the Android version is available over at Google Play.

Finally, the Mac version is available in the Mac App Store, while the PC version is available directly from Rovi.

Angry Birds Intro

The Angry Birds, with all new characters, are blasting off in pursuit of their piggy foe.


Pig Planet

The first planet you have to tackle, Pig Bang, looks like the pig home world.


Cold Cuts

Each new section takes form of a planet. This one reminds us a little of Hoth, and is probably where the new Ice Cube bird will come into play.


Launching Into Orbit

The birds’ slingshot is hardly in a fixed position in this game. Each puzzle varies on what angles you can attack it from.


Use Gravity

Even if these planets are small, they still enact some forces of gravity on your birds. Players have to think about the best way to launch each one.


Piggie Destruction

And boom goes the dynamite!


Two Worlds

Sometimes you’ll have to chain gravities together to slingshot around.


Breaking Atmosphere

Some of the challenges will require you to break out of the planets orbit in order to destroy pigs. But be careful, without any gravity, what goes up does not come down.


Going Backward to Go Forward

The slingshot element is common in puzzles, as you are able to shoot your birds in any direction to take advantage of planets orbit.


6 essential iPhone apps for your hike

By Katherine Gray

Whether you’re hitting the trails in search of the perfect photo op or just exercising Fido, hiking can be a wonderfully relaxing and invigorating activity. A quick visit to your local outdoor equipment store makes it obvious that there are a ton of gadgets out there for the outdoor enthusiast, but the most important accessory you can bring along might just be your iPhone.

With a good pair of hiking boots, a water bottle, and the right apps on your smartphone, you're ready to hit the trails.

With a good pair of hiking boots, a water bottle, and the right apps on your smartphone, you’re ready to hit the trails.

Trail maps, GPS trackers, even tips on roughing it a bit more comfortably can all be found at your fingertips, thanks to a bevy of iPhone apps. Take a look before you take to the woods, and make sure you’re prepared for your next adventure.

1. AccuTerra Unlimited

Price: $29.99

While AccuTerra is one of the most pricey hiking apps out there, it is well worth the cost. Over 5 million square miles of terrain and trail maps are included with the app (no extra in-app purchases necessary), all gorgeously rendered, zoomable, and optimized for the iPhone. You can take and geotag photos from the app, get real-time elevation and travel stats, and share your adventures through social media.

2. EveryTrail Pro

Price: Free for basic, $3.99 for Pro

EveryTrail Pro is a viable and cheaper alternative to AccuTerra Unlimited, but if you hike a lot of different trails, you might end up spending as much if not more in map and trail guide purchases. It’s a great app, though, with over 400,000 different hikes, audio guides for points of interest, travel stats, and the ability to plot the photos you take on the map of your hike. In addition to no ads, the pro version lets you download and manage your maps offline, record geotagged video, and sync your trips between the app and EveryTrail.com.

3. iMapMyHike

Price: Free for basic, $1.99 for Plus

iMapMyHike is part of a series of apps (including apps for biking, walking, running, and general fitness) that allow you to map your fitness activities. You can log your hikes, view elevation info, and keep track of where you’ve been in an online hike journal. With a free account at MapMyHike, you can search a database of millions of hikes and bookmark the ones you want to try, then pull up the information on your phone. You can also track companions on the trails nearby and post your hikes to Facebook and Twitter.

4. Camp Where

Price: $4.99

Going on an overnight hiking trip? This app contains detailed information about more than 10,000 campgrounds in the United States and Canada. GPS coordinates, contact information, elevation, weather forecasts, and whether or not camps accept reservations and have RV hookups can all be found through this app. Only public campgrounds are included, such as state, local, and national parks and forests, as well as county and city campgrounds.

5. Army Survival

Price: $1.99

With information pulled directly from the U.S. Army Field Manual, this app has just about all the information you need to survive in the wilderness. While it can’t substitute for real training and experience, there’s a wealth of information that can help out in a pinch. Covered subjects include basic survival medicine, building shelters, finding water, edible, poisonous, and medicinal plants, cold weather survival, signaling techniques, knot tying, and direction finding.

6. Gaia GPS

Price: $9.99

Like to go where the roads don’t go? Gaia GPS is an app designed specifically for backcountry hikers who like to travel off the beaten path. You can download unlimited topographic and road maps, search for and record tracks and waypoints, and keep track of all your off-grid adventures.

The world is your playground

With a good pair of hiking boots, a water bottle, and the right apps on your smartphone, you’re ready to hit the trails. It doesn’t matter if you’re a weekend warrior who’s just walking in the local park or a hard-core back country aficionado — hiking is an excellent way to get some exercise, see the world, and enjoy the fresh air of spring. So get out there and get moving!

This article originally appeared on Tecca.


Crowds storm stores for Apple’s next iPad

By Brett Molina, USA TODAY

Thousands of eager consumers braved long lines across the globe in hopes of securing Apple’s highly-anticipated new iPad.

Apple stores in 10 different countries including the U.S. opened their doors at 8 a.m. local time, clapping and cheering for customers as they walked out with one of their third-generation tablets.

PHOTOS:  Apple’s next iPad goes on sale worldwide

“It’s no fun to order online,” says Chan Park, 48, of Fairfax, Va., who waited in line at an Apple store in Tysons Corner, Va., to snag an iPad for his 16-year-old son. “There’s some excitement waiting in line.”

Skerdi Kostreci, 38, of Vienna, Va., also braved the early morning lines to scoop up his third iPad. “I had the first iPad. I have iPad 2. Now I have to get the new one,” Kostreci says, adding he’s giving his iPad 2 to his wife.

Brendan Marnell, 28, from Arlington, Va., who works for a software company, says the iPad 2 “didn’t have quite enough for me to plunk down the cash,” but is excited about the upgraded display and plans on “using this as a digital sketchpad.”

Among those waiting for the new iPad: Apple co-founder Steve Wozniak, who was first in line at a store in Los Angeles,Mashable reports.

“It’s become a ritual,” says Wozniak. “Because I’ve done it so many times, I’m doing it again.” He was also one of the first people in line to snag the iPhone 4S last October.

Lizandra Osorio, 23, of Bridgeton, N.J., first tried a New Jersey Walmart at midnight, but the store had only a few iPads, so she drove to a shopping mall in Delaware at 2 a.m. Hundreds of people were ahead of her.

“I was planning to be first in line, but that plan failed,” Osorio laughed, wrapped in a fleece blanket outside the mall. “If I can get one in my hands, it’ll be worth it.”

Sam Fong, 37, and Jimmy Koo, 27, drove about three hours from New York City to Delaware — which doesn’t charge sales tax — by about 3 a.m.

“I want the new one,” said Fong, who has an iPad 2.

About 80 people lined up outside the Apple store in Freehold, N.J., Thursday morning to take their bite out of Apple’s iPad.

At the head of the class was Arthur Nazarov, 29, of Brooklyn. He and a few others had been standing outside the mall since 3 a.m. “freezing our butts off,” Nazarov said.

“I stood still and tried to keep my feet moving,” he said, sipping a cup of Starbucks coffee handed out by Apple staff from a mobile cart.

At least 30 blue-shirted staff lined up and applauded as Nazarov and a few others who had pre-ordered their iPads were allowed to enter the store.

He said he made the hour-long trip to New Jersey because “New York is New York — it’s overcrowded. I figured here the lines would be a little lighter.”

Apple also launched the new iPad in nine other countries: Canada, France, Germany, Hong Kong, Japan, Singapore, Switzerland and the United Kingdom.

In Australia, dozens waited in line outside an Apple store in Sydney to snag their device. As BusinessWeek reports:

“Employees in blue T-shirts cheered and counted down the 10 seconds until doors opened at 8 a.m. A queue of at least 200 people snaked 100 meters around three sides of the city block.”

In Japan, more than 450 people waited at an Apple store in Tokyo in hopes of getting an iPad, the Wall Street Journal reports.

One student, Ryo Watanabe, tells the Journal he and a friend took turns waiting in line for 37 hours to be first in line. “The fact that the display has gotten better is a big enough reason for me to get it,” Watanabe tells the paper.

Meanwhile, iPad mania appears equally powerful in London,according to the Telegraph. Among consumers waiting for the tablet was a 21-year-old who had camped out for the past five days.

“The iPad is the best product of the year and there won’t be any more until 2013 so I am happy to queue,” Zohaib Ali tells the Telegraph.

As for the iPad’s U.S. release, don’t expect every person to flash smiles at Apple stores. The Los Angeles Times reports dozens of protesters are expected to show up at locations in New York, San Francisco and Washington to “bring attention to concerns about the welfare of the Chinese factory workers who churn out the devices to satisfy a growing global demand.”

“It’s great to see Apple taking important steps like auditing its factories and paying raises for factory workers,” said Mark Shields, who launched a campaign through Change.org protesting work conditions in China, in a statement. “But Apple hasn’t crossed the finish line yet. New product releases, like the iPad 3 this week, have typically been the most dangerous for workers because of the incredible pressure they are under to meet release production deadlines.”

The device includes a Retina display, faster processing chip with quad-core graphics and an iSight camera.

Contributing: Lindsay Powers in Tysons Corner, Va.; Mike Chalmers, The News Journal, Wilmington, Del.; Alesha Williams Boyd, Asbury Park (N.J. ) Press.



Turntable.fm Goes ‘Legit’ With Licenses From All 4 Major Labels

By Eliot Van Buskirk

AUSTIN, Texas — Turntable.fm, a social music service that goes beyond the usual buzzword with a service that turns music fans into avatars so they can DJ music for each other in rooms, is officially “legit.” On Tuesday at the SXSW Interactive festival, Turntable.fm co-founders Billy Chasen and Seth Goldstein announced that their company had secured licensing deals with all four major labels during a panel called “Turntable.FM: The Future of Music Is Social.”

Part of the holdup was due to the novelty of Turntable.fm, which isn’t an unlimited, on-demand service like Spotify or a “lean back” streaming radio app like Pandora. Instead, it allows a few users to take the stage in order to DJ to up to 200 listeners in virtual rooms, each with its own musical theme.

Then, there’s the somewhat open nature of the service. DJs can choose from a catalog provided by MediaNet; or, if they want to play a bespoke remix or even a song they’ve recorded themselves, they can upload it into the service, where other users can add it to their queue (the collection of songs that they can play if they can get a spot on the stage).

The possibility of playing music from outside of a standard catalog likely complicated the licensing process further — as did the fact that the co-founders didn’t have a firm grasp of music licensing when they set out to launch Turntable.fm. Even without licensing in place, they attracted $7.5 million in funding from Union Square Ventures on the strength of a revolutionary concept and a warm reception by the press and public, but obtaining these licenses was clearly a necessary step.

“We went into it without being worried about [licensing]. I didn’t, and still don’t know what the DMCA [Digital Millennium Copyright Act] stands for,” said Goldstein in advance of today’s announcement. “We didn’t know about the restrictions, the per-play rates, international [licensing differences], and the publishers, and the PROs [Performing Rights Organizations] — it was all gobbledegook … Intellectually, it [was] a huge challenge to navigate through a lot of these partnerships and label negotiations.”

With help from digital music lawyer Debbie Newman, Goldstein and Chasen were able to navigate those waters to give Turntable.fm legitimate licenses from the labels, paving the way for its further expansion.

Initially a web-only app, Turntable.fm is now a mobile app as well, allowing fans to carry around many rooms of music in their pockets where up to five DJs — including you, if you think you have what it takes — choose the tunes.


M.KAP Hosting provides both businesses and individuals with reliable, professional-class, network environments to host websites, email, business applications, and other rich media content, along with personal service and support that is second to none.