Wednesday, May 02, 2007

Blinkx Video API

Blinkx API: The Blinkx service “uses automatic spiders that crawl the Web, and through partnerships with 200 leading content and media companies, blinkx has indexed over 7 million hours of video content and made it fully searchable using speech-to-text transcription and visual analysis.” Note that the API documentation is only available after registration.

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Lexar rolls out 4GB, 8GB, and 16GB ExpressCard SSDs

from Engadget by

We already knew that Lexar had an 8GB ExpressCard SSD up its sleeve, but it seems that the company just can't get enough of that high-speed solid state storage, today announcing 4GB and 16GB cards in addition to officially announcing the 8GB model. From the looks of it, both the 4GB and 8GB models will give a peak data transfer speed of 250 MB/s (we assume the 16GB will be the same as well), with all three coming bundled with Lexar's auto-backup software, and each ready for use with Vista's ReadyBoost feature. While the whole lot of them are supposedly shipping now, there only appears to be pricing details available for the 4GB and 8GB models, with them setting you back $130 and $200, respectively.

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Kodak - Winds of Change (humor)

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Digg Surrenders to Mob

from TechCrunch by

To say what happened today on Digg was a “user revolt” is an understatement. The Digg team deleted a story that linked to the decryption key for HD DVDs after receiving a take down demand and all hell broke loose. More stories appeared and were deleted, and users posting the stories were suspended.

That just got the Digg community fired up, and soon the entire Digg home page was filled with stories containing the decryption key. The users had taken control of the site, and unless Digg went into wholesale deletion mode and suspended a large portion of their users, there was absolutely nothing they could do to stop it.

Digg CEO Jay Adelson responded on the Digg blog earlier this afternoon but it was clear he did not yet understand the chaos that was coming. The post only added fuel to the fire. Just now, co-founder Kevin Rose posted yet again on the Digg blog, effectively capitulating to the mob’s demands: He says

But now, after seeing hundreds of stories and reading thousands of comments, you’ve made it clear. You’d rather see Digg go down fighting than bow down to a bigger company. We hear you, and effective immediately we won’t delete stories or comments containing the code and will deal with whatever the consequences might be.

If we lose, then what the hell, at least we died trying.

Until today, it seems, even Digg didn’t fully understand the power of its community to determine what is “news.” I think the community made their point crystal clear.

Vive La Revolution.

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Getty goes multimedia, acquires smaller firm

Stock-art seller branches into video and multimedia, acquires PunchStock for more imagery.

By Stephen Shankland Stock photo seller Getty Images launched a new division Monday for selling licenses to footage and multimedia content, then on Tuesday announced the latest in a series of acquisitions, PunchStock.

Leading the multimedia group is Craig Peters, who joined Getty through its acquisition last week of MediaVast and its subsidiary WireImage, which licenses video content. Peters was senior vice president of new media at MediaVast.

PunchStock, based in Madison, Wis., adds a third stock image unit to the company, supplementing Getty's core business and the newer iStockphoto acquired in 2006. PunchStock offers simpler licensing and search, Getty said.

Getty has been reshaping its business through recent acquisitions. In March, Getty acquired Scoopt, a site that sells amateur photos to the news media. "Citizen journalism is 2,000 years old," Getty CEO Jonathan Klein said in an interview earlier this week, arguing that amateurs can supplement professional coverage and that Getty can assure media outlets using that content that its provenance is sound.

Getty announced the PunchStock acquisition along with its financial results for the quarter ended March 31. The Seattle-based company's revenue increased 6 percent to $213 million compared with the year earlier, and net income was $38 million, or 63 cents per share.

The company also announced it's restating financial results from 1998 through the first half of 2006 to deal with errors in its stock-based compensation. To correct the situation, the company expects to take a noncash charge of $28 million to $32 million, 95 percent of which involves finances in 2002 and earlier years.

A special committee investigating the stock situation concluded in April that the evidence "did not establish any intentional wrongdoing by current employees, officers or directors of the company, and the special committee continues to have confidence in the integrity of current management."

(thanks, Owen)

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