Archive for June, 2010

tesla motors picture Tesla Prices IPO At $17 Per ShareElectric car manufacturer Tesla is pricing its IPO at $17 per share, according to a release issued this evening. We just wrote today that one day before its scheduled IPO, Tesla Motors increased the allotment of shares that will be sold to the public from 11.1 million to 13.3 million, according to an amendment to its S1 filing.

The $17 pricing per share is well above the expected range of $14 to $16. With the pricing, the electric car maker will debut with a $1.5 billion market cap (based on 93.5 million total shares outstanding after the IPO and a concurrent $50 million private placement with Toyota). Of the shares in the offering, 11,880,600 shares are being offered by the company and 1,419,400 shares are being offered by selling stockholders.

Tesla has already raised $783 million in venture capital and government loans. Tesla is expecting to raise about $210 million in the IPO, bringing the total raised to just over $1 billion.

Tesla’s stock will start trading on the Nasdaq under the symbol TSLA tomorrow morning.

 Tesla Prices IPO At $17 Per Share  Tesla Prices IPO At $17 Per Share  Tesla Prices IPO At $17 Per Share  Tesla Prices IPO At $17 Per Share  Tesla Prices IPO At $17 Per Share  Tesla Prices IPO At $17 Per Share

 Tesla Prices IPO At $17 Per Share

 Tesla Prices IPO At $17 Per Share
 Tesla Prices IPO At $17 Per Share

 Tesla Prices IPO At $17 Per Share  Tesla Prices IPO At $17 Per Share  Tesla Prices IPO At $17 Per Share  Tesla Prices IPO At $17 Per Share  Tesla Prices IPO At $17 Per Share  Tesla Prices IPO At $17 Per Share

 Tesla Prices IPO At $17 Per Share

 Google: Chrome OS Still On Track For This Year Thanks To “Deep Bench...Perhaps you’ve heard the news by now that Matthew Papakipos, the key architect of Chrome OS, is leaving Google to go to Facebook. While it’s not entirely clear what Papakipos will be doing yet at Facebook beyond joining the engineering team, this is massive news. This is the key component of Chrome OS leaving the company before its launch to join what can perhaps be seen as Google’s most important competitor going forward. So what does Google think about the defection?

Matt made great contributions to Google and Chrome OS, and we know he’ll do the same in his next endeavors. We wish him the best. We have a deep bench of talent and are very excited about the launch of Chrome OS devices later this year,” a Google spokesperson tells us.

So first of all, Google is confirming that despite the loss, Chrome OS remains on track for release this year. This echoes what Papakipos hinted at in his tweet: “Now that Chrome OS & WebGL are in good shape, it’s time for something new. I’m going to work @ Facebook! Love the product and team. Woot!

Still, while the product may be in “good shape“, it’s still not released, so it’s just odd that he would leave before he sees his vision come to completion. I can only imagine Facebook made an offer he couldn’t refuse.

Second, in their statement, Google refers to their “deep bench of talent.” That’s an interesting way of putting it. Basically, without saying it directly, Google is suggesting that Papakipos was expendable. They’re saying that they’re like a well-built basketball team. Even when they lose a star player, they can survive and keep winning games.

Still, it’s nice to have that star player if you want to win the championship. That appears to be what Facebook is attempting to do.

 Google: Chrome OS Still On Track For This Year Thanks To “Deep Bench...  Google: Chrome OS Still On Track For This Year Thanks To “Deep Bench...  Google: Chrome OS Still On Track For This Year Thanks To “Deep Bench...  Google: Chrome OS Still On Track For This Year Thanks To “Deep Bench...  Google: Chrome OS Still On Track For This Year Thanks To “Deep Bench...  Google: Chrome OS Still On Track For This Year Thanks To “Deep Bench...

 Google: Chrome OS Still On Track For This Year Thanks To “Deep Bench...

 Google: Chrome OS Still On Track For This Year Thanks To “Deep Bench...
 Google: Chrome OS Still On Track For This Year Thanks To “Deep Bench...

 Google: Chrome OS Still On Track For This Year Thanks To “Deep Bench...  Google: Chrome OS Still On Track For This Year Thanks To “Deep Bench...  Google: Chrome OS Still On Track For This Year Thanks To “Deep Bench...  Google: Chrome OS Still On Track For This Year Thanks To “Deep Bench...  Google: Chrome OS Still On Track For This Year Thanks To “Deep Bench...  Google: Chrome OS Still On Track For This Year Thanks To “Deep Bench...

 Google: Chrome OS Still On Track For This Year Thanks To “Deep Bench...

06 28 10win8 Early Windows 8 features to include startup performance boost, visual...

Sure, Microsoft might be selling seven copies of Windows 7 a second, but that doesn't mean Redmond isn't planning for the future: the software giant is purportedly beginning to prep ODMs on Windows 8, if these leaked slides are to be believed. It doesn't look like anything is nailed down just yet, but some interesting larger themes are being discussed, like improving startup and and wake-from-sleep times to be nearly instantaneous, the addition of higher-speed interconnects like USB 3.0 and Bluetooth 3.0, hard drive encryption, ambient light sensitivity, and facial recognition login / out. That last is the most interesting, as it hints at some Kinect-style user detection, but then again, PCs from HP, ASUS and others can do this already, so we'd like to see some more of Kinect bleed over as well -- we could definitely see the gestural menu navigation hit Media Player and IE. Unfortunately, there's no dates on any of this, and we can't imagine Microsoft will shift gears from Windows 7 anytime soon, but it's still nice to dream -- hit the read link for the full set of slides.

Early Windows 8 features to include startup performance boost, visual login, and improved graphics originally appeared on Engadget on Mon, 28 Jun 2010 15:28:00 EDT. Please see our terms for use of feeds.

Permalink post label VIA Early Windows 8 features to include startup performance boost, visual...NeoWin  |  post label source Early Windows 8 features to include startup performance boost, visual...Being Manan, Francisco Martin Garcia  | Email this | Comments

bp protest When Social Media Becomes The Message: The Gulf Oil Spill And...

Nearly everyone has something to say about BP’s oil spill, and from a public relations perspective, the company is floundering. Both its stock price and brand value have taken a deepwater dive, and it is struggling to make its own voice heard.

When you Google “BP PR” or “BP public relations,” the top organic result is @BPGlobalPR, a parody account on Twitter with more than 175,000 followers. In contrast, BP’s official account, @BP_America, has only 15,000 followers.  The satirical @BPGlobalPR is dominating the online conversation. It is an object lesson in how social media can shape and control a company’s message during a crisis.  The fake account has gone viral for its scathing impersonations of the company with tweets like:

We are doing everything we can to stop the information leaks in the gulf: http://ow.ly/22XTw #bpcares (tweet)

Congrats to BP’s Mother of the Year 2010! It’s just oil people! Take the kids out and enjoy the beach! http://ow.ly/232ua (tweet)

Lightning struck one of our ships! Come on Planet Earth, what did we ever do to you?!? (tweet)

It’s hurricane season now. Don’t worry! We’ve planned for that just as well as we’ve planned for everything else! (tweet)

picture 61 When Social Media Becomes The Message: The Gulf Oil Spill And...

Some people think it is real.  BP initially wanted to shut down the sardonic account, but Twitter’s policy allows for parody accounts, so long as they don’t mislead or deceive. BP demanded the impostor rewrite his bio, and he did, but not without commentary: “We are not associated with Beyond Petroleum, the company that has been destroying the Gulf of Mexico for 52 days.” It’s since reverted to the original “This page exists to get BP’s message and mission statement out into the twitterverse!”

While BP tried assuaging public anger with a video featuring CEO Tony Hayward apologizing into the camera and promising “we’ll make this right,” it was mostly seen as a failed public relations stunt. It was probably a good idea for Hayward to try to address the public directly, but his presentation felt forced. The video itself was highly produced and likely expensive, as were the TV commercial slots in which it aired.

Meanwhile, anybody can start a Twitter account.  Companies can no longer rely on buying media time to spread their message though well-produced commercials, especially when the disaster your company is responsible for is ongoing.   It doesn’t help when more candid comments like Hayward’s “I’d like my life back” cast doubt on the polished message’s sincerity.  Someone on Twitter or elsewhere on the Web  will find ways to challenge the message, as @BPGlobalPR is doing.  Even mainstream news organizations that are watched by non-tweeters have reported the buzz around the satire account.

Of course, BP’s attempts to bolster its image go well beyond TV spots.  BP also bought paid search terms on several search engines to promote their official site. All of these PR efforts, totalling $50 million by some estimates, are predictable moves to stay engaged in the social media services where BP is being most criticized. The company is using many tools, including Facebook, Twitter, Flickr and YouTube to spread their message. Satire aside, independent groups have set up their own sites, like BP Complaints, which chronicles oil spill news and activism.

The problem isn’t a lack of involvement, it’s a lack of credibility. No amount of PR can help it at this point until it stops the leak and starts cleaning up the ocean.  But while BP struggles to find its story, others are telling it for them.

picture 1 When Social Media Becomes The Message: The Gulf Oil Spill And...

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 When Social Media Becomes The Message: The Gulf Oil Spill And...

 When Social Media Becomes The Message: The Gulf Oil Spill And...
 When Social Media Becomes The Message: The Gulf Oil Spill And...

 When Social Media Becomes The Message: The Gulf Oil Spill And...  When Social Media Becomes The Message: The Gulf Oil Spill And...  When Social Media Becomes The Message: The Gulf Oil Spill And...  When Social Media Becomes The Message: The Gulf Oil Spill And...  When Social Media Becomes The Message: The Gulf Oil Spill And...  When Social Media Becomes The Message: The Gulf Oil Spill And...

 When Social Media Becomes The Message: The Gulf Oil Spill And...

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