The YouTube we have known since Google purchased them for $1.6 billion in 2006 is set to undergo some big changes by the end of 2011. The 3rd most visited site in the world made $544 million in revenue for 2010 according to Citigroup analyst Mark Mahaney and executives have said it is almost profitable. The average time users spend on the site runs about 15 minutes and YouTube is working on a way to get that number up while increasing revenues to $800 million by the end of 2011. They plan to do this by taking the middle road between subscription-based services like Hulu and the structure they have now. The reorganization effort is based around 2 major things: center the users' experience around channels instead of clips and creation of original content rather than licensing it.
Get more of the 411 by hitting the break.
This has been quite a week for Google as far as staffing is concerned. Larry Page, Google founder, returned as CEO on Monday after
Eric Schmidt's departure. Page's intentions are to return Google to the start-up feel that created the innovation behind Google Search and Maps. Ironically, as part of that start-up attempt, he is asking execs to sign multi-year deals to stay with the company. It turns out not everyone is interested in doing that.
One example is Jonathan Rosenburg, chief of product development for Google. He has always been open about the fact that he planned to leave Google when his children reached college age and signing a multi-year deal with our future Internet overlords interfered with that plan. He announced he will be leaving after the summer. He said it was only fair to the company to allow them to deal with the restaffing now when the shake-ups are already happening instead of waiting until plans were already being developed.
Eric Schmidt, departed CEO and future coauthor with Rosenberg, said of the leader,
Jonathan is phenomenal–hugely energetic, strategic, a man of real principle who always puts the user first. He's been crucial to our success over the last nine years and I cannot thank him enough for everything he’s done. It's been wonderful working with him–and great fun.
To read what Larry Page had to say and to see what the future holds for Rosenberg, hit the break.
Women - do you like to write software naked in your bedroom? Of course you do. Would you like to take the skills you have learned both being a software engineer and a nudist and implement them in a company that encourages both? That might not be as appealing. If it is, however, have I got the place for you. The company is called Nude House and they want to be the world's first entirely nude web software firm.
Men - I know what you're thinking: "How can I get in on this naked work environment?" The answer is simple - you must be an amazingly skilled salesperson. While the nude women can code, the nude men have to sell. Seems like a sexist organization already. That aside, if you are looking for a "warm and private" office environment located in Buckinghamshire (I know, too many words crushed together) where you can spend all day naked trying to sell while preventing sexual harassment lawsuits, you might just want to submit your resume.
Hit the break for a quote from a company spokesperson about the incredibly odd business concept.
Good news everyone.
Toshiba is going to fix 3D TVs so that you don't need to wear Revenge of the Nerds style 3D glasses to give yourself a headache around April 2012. However, the passive 3D TVs they will be serving up in the next year will still take a load off your face. I'm guessing that of the 10,000 people who care about 3D TV 6,000 know the difference between active and passive 3D glasses, 4,000 don't know the difference and 0 like wearing 3D glasses. For those who don't know, there are some distinct differences that we be listed below. The biggest change to note here is that active 3D glasses require power and passive 3D glass do not. Hopefully, this should shave off a few ounces and some of the bulk.
See if their upcoming line up of 3D TVs are worth the migraines and hit the break.
In our area of Florida we have recently had a problem with people breaking into power junction facilities and stealing copper wire to sell as scrap. We have even seen them try and cut down live wires for the copper. Apparently, this is not just a local problem. In Georgia, the country not the state, even elderly women will dig in the ground looking for abandoned copper wiring for scrap. Sometimes that process is not as easy as it sounds.
This week, one elderly woman cut a line in this search that ended up having major consequences for a lot of people. This line was a main fiber optics line that controlled Internet access for more than 3 million people in Armenia, Georgia and Azerbaijan. It is reported that she managed to accomplish this impressive act with nothing more than a basic household spade shovel.
How did she pull this off and what happened to her? Hit the break to find out.
Microsoft is playing matchmaker and thinks Silverlight and Xbox would make cute little accessory babies. The company is looking to port over Silverlight to the 360 and make the announcement sometime this week at MIX11. We talked in the past about Microsoft looking for someone to integrate not only WinPho into Xbox 360, but also someone who could integrate some of their newer software into the gaming console. Leaks out of the Microsoft camp hint that this has been in the development phase for "some months" and would really drive home the Xbox/WinPho gaming combination to the next level. Another leak reports that we may see an application for the Xbox 360 that would allow you to copy over WinPho 7 programs over to the 360.
For what we might see with this, hit the break.