Daily Archives: March 6, 2014

Hannah Kuchler

A Flickr co-founder has been quietly compiling a map of the world’s stories in an attempt to transform location-based apps from drab star-based ratings and recommendations into a lively map packed with history, culture and personal tales.

From the historical Blue plaques that line London streets to maps of subcultures such as “Punk Rock in Chicago”, Caterina Fake’s new app Findery aims to help users discover new places in a more imaginative way. Read more

Robert Cookson

Big media companies owned by profit-hungry private equity groups don’t normally give their core products away for free.

But Getty Images, which was acquired for $3.3bn by Carlyle in 2012, is doing just that. The world’s largest supplier of stock photos has made more than 30m images available to people to share for free on their blogs and social media sites, including tumblr, WordPress and Twitter.

This is not charity, however. Behind the move lies cold commercial logic. It’s all about data, control and advertising. Read more

Tim Bradshaw

In a mobile world where single-serving apps are replacing vast monolithic services, Jawbone on Thursday poured out a shot of Coffee: its new caffeine-consumption tracking app.

The move to a standalone app that does not require its Up wristband to work is a first for Jawbone, which is raising $250m in new funding. It comes as part of a big push by Jawbone to up its game in software and services, as step-counting gadgets fast become a commodityRead more

Richard Waters

Hold the Sean Parker jokes about $1bn.

It was Justin Timberlake, playing Mr Parker in The Social Network, who delivered the famous line: “A million dollars isn’t cool. You know what’s cool?”

Founders Fund has just raised its first $1bn fund – but Mr Parker has now officially cut his ties with the firm. Read more