The Latest from TechCrunch |  |
- PollyTrade Lets You Trade Stocks Via Twitter
- How To Save The Newspapers, Vol. XII: Outlaw Linking
- Aardvark Open For Business Via Facebook Connect
- 9-1-1 Should Never Give Me A Busy Signal
- Apple App Store vs. Nokia Ovi Store - A Quick And Dirty Comparison
| PollyTrade Lets You Trade Stocks Via Twitter Posted: 28 Jun 2009 03:05 AM PDT
With nothing else on his hands immediately, Walley started building a Twitter application on his own dime (about $10,000) that would basically link your Twitter account to a brokerage account and enable you to trade stocks via the micro-sharing service. PollyTrade is the result of his work, and it’s currently available in public beta. What it does is link your Twitter account to your E*Trade account (more brokers will be added in the future based on user feedback), and subsequently enable you to do transactions using tweets that start with @pollytrade and include the respective ticker.
It’s that simple, and the ease of use is what Walley touts as the main selling point: “I always have access to Twitter, even if through SMS, so trading is always just a short text message away.” That’s true, but there are issues: the service’s flaky reliability is one, security is another. Anyone remember the Mikeyy worm attacks earlier this year? To get around that, you’ll still need to log into your E*Trade account to confirm any transactions passed through PollyTrade, so the app is more like an easy way to start transactions than to actually go from A to Z with buying and selling stock. On a sidenote: if you have a public Twitter account, other users can see which stocks you’re buying and selling when they follow both you and @PollyTrade, or when they simply go to your profile. Obviously, don’t use PollyTrade if that’s information you want to keep to yourself until they start supporting trading via direct messages (which is in the works). If you’re all ok with the above and you want to sign up, you can do this here, but note that while in beta the PollyTrade team will decide to let you in only after contacting you. Curious to see if this takes off, when they’ll team up with the StockTwits folks, and what you think of PollyTrade. Crunch Network: CrunchGear drool over the sexiest new gadgets and hardware.
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| How To Save The Newspapers, Vol. XII: Outlaw Linking Posted: 28 Jun 2009 12:06 AM PDT
Of all the misguided schemes put forth lately to save newspapers (micropayments! blame Google!), the one put forth by Judge Richard Posner has to be the most jaw-dropping. He suggests that linking to copyrighted material should be outlawed. No, Posner does not work for the Associated Press (which also has some strange ideas on linking). He is (normally) considered to be one of the great legal minds of our time. Posner is a United States Court of Appeals judge in Chicago and legal scholar who was once considered a potential Supreme Court nominee. He is someone who should know better. Yet in a blog post last week on the future of newspapers, he concludes there may be only one way to save the industry:
Let me repeat that. He wants to “bar linking” to newspaper articles or any copyrighted material without the “copyright holder’s consent.” I am sorry Judge Posner, but I don’t need to ask your permission to link to your blog post or to a newspaper article online. That is just the way the Web works. If newspapers don’t like it, they don’t need to be on the Web. Much of what Posner wants to outlaw is public discourse. Why is it okay for people to talk about the day’s news in a bar or barber shop, but not online? People should be able to discuss the day’s news on the Web without fear of violating copyright law. The natural way people discuss things on the Web is by quoting and linking to the source. (Except maybe Posner, he doesn’t seem to link to much of anything in his blog posts). Posner never squares his position with freedom of speech or fair use rights. He doesn’t even mention them. Yet those are precisely the rights which allow me to paraphrase his argument without his permission so that I can disagree with it. Posner is more concerned with the “free rider” problem. You know, all of those “vampires” and “parasites” supposedly sucking the life out of newspapers by quoting from them or linking to their stories. Blogs and other sites just take content from newspapers, Posner asserts, but they share none of the costs of news gathering. Of course, that blanket assertion is simply not true. A growing number of blogs, including TechCrunch, do their own news gathering and send writers to cover events at their own cost. But even if we limit the discussion to cut-and-paste sites, the free rider argument still doesn’t hold much water. You can’t be a free rider if you are giving something back of value. A link on its own is valuable. Where does Judge Posner think all of these newspaper sites get their readers? It is mostly through links, not direct traffic. Removing the links would obliterate the majority of the online readership for many newspapers. Beyond that, extending copyright law to criminalize linking would cripple the entire Web. In all of these debates, newspapers are always placed somehow at the center of the Web, completely ignoring the millions of other sites out there which have nothing to do with news. Yet changes to copyright law to make linking illegal would have much wider, unintended consequences. I can’t believe I even have to explain why this is a bad idea. (Hat tip to Jay Rosen). Crunch Network: CrunchGear drool over the sexiest new gadgets and hardware.
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| Aardvark Open For Business Via Facebook Connect Posted: 27 Jun 2009 04:11 PM PDT
The service, which we described a couple of months ago, lets users ask questions of their friends and friends of friends like “What’s the best place to go hiking in Marin?” But it only works well, the company says, when your friends are already on the service. That’s why people who weren’t able to get an invitation from a current user had to wait in line until now:
The company was founded by Max Ventilla (Google corp dev), Nathan Stoll (Google News) and Damon Horowitz (Perspecta) and has raised $6 million in capital from August Capital, Baseline Ventures and a number of angels. Crunch Network: CrunchGear drool over the sexiest new gadgets and hardware.
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| 9-1-1 Should Never Give Me A Busy Signal Posted: 27 Jun 2009 01:11 PM PDT
Last night I got word that my parents had witnessed a tragic accident while driving in Northern California. I won’t get into the details, but suffice to say one person was killed and others were left bleeding, in various states of unconsciousness. Thank God my parents were not hurt in the accident, but they witnessed it first hand, as well as the disturbing aftermath. Immediately after the accident, my parents and other witnesses began trying to dial 9-1-1. Attempt after attempt resulted in a busy signal. This isn’t unusual in the event of an emergency, as multiple dialers often tie up the lines to report the same incident. Except it seems that nobody managed to get through for far too long: emergency personal didn’t arrive for 20 minutes. The first officer to arrive at the scene said it took him two minutes to get there from the time he got the call. Which means that it took approximately 18 minutes for the news to reach him in the first place. During a conversation with my father following the accident, he said one of the most profound things I’ve heard since I arrived in Silicon Valley: “Why is it that I can pull out my cell phone and call France or browse the Internet whenever I want, but I got a busy signal for 9-1-1 for 20 minutes?” I wish I had an answer for him. In the United States, we’re taught from a very young age to call 9-1-1 whenever there’s an emergency. Something bad happens, you call that number, and someone on the other line will be there to help you. Getting a busy signal after dialing 9-1-1 is the closest thing you can have to a mental null set. It doesn’t compute. But it’s apparently happening more often than most people would believe. A recent report in the Sacramento Bee says that more than 26% of all wireless calls to 911 in California are “abandoned” — in other words, more than a quarter of the people calling 911 hang up in frustration before they even get to talk to someone. In a world where we can interact with people across the world at a moment’s notice, I just don’t understand how one of the things we’ve always taken for granted can fail so miserably. Now, I’ll be totally upfront and admit that I know relatively little about the way 911 dispatchers work. I am sure that the incident can be fully explained by a lack of staffing at the CHP center that routed the call, or maybe the fact that the accident occurred near a county line caused some jurisdiction issues. I don’t know what the reason was. But as far as I’m concerned, the discussion shouldn’t get that far. This is the kind of problem that we shouldn’t have allowed to form in the first place. It’s as if we’ve forgotten the fundamental reason why most of us keep cell phones with us at all times: to keep each other safe. At its core, this is more a political issue than a purely technological problem: more money needs to be routed to the right places. But at the same time, there’s no denying that technology plays an important role here — the call routing systems could probably be made more efficient. Calling filters could be improved. Perhaps the system could detect when multiple phones were calling from the same area and inform callers that an accident had already been reported. Whatever the answer, things need to change. And given how upset we get over homepage redesigns and SMS fees, why not exhibit a bit of outrage when technology fails us in a matter of life or death? As one final note, I hope this doesn’t come across as an attack on the men and women who staff emergency call centers, or the law enforcement officers and paramedics who respond to the scene. I have the utmost respect for everything they do. I just wish that the infrastructure supporting them was as up to the task as they are. Crunch Network: CrunchBase the free database of technology companies, people, and investors
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| Apple App Store vs. Nokia Ovi Store - A Quick And Dirty Comparison Posted: 27 Jun 2009 10:37 AM PDT
There was some criticism about the lack of content on the Ovi Store at launch day, particularly because of the fact that a lot of big names were lacking, but I figured I should give it at least a month to see if and how many developers would flock to the platform. Now, I think it’s time to take a look at where they stand after that month, and I thought I’d start by comparing the content offering to that of Apple’s App Store, the central application marketplace for iPhone and iPod Touch devices. This is evidently not really a fair comparison, since Apple’s App Store has been around for almost a year now, while Nokia is still getting started. Still, it’s worth noting that a lot of the big names on the Internet - whether we’re talking about social networks, search companies or game developers - are still missing on the Ovi Store. A quick and dirty comparison (note that my top lists for the App Store may differ from yours depending on your location, mine being Belgium, Europe): Social networks Ten popular apps in the App Store (free and paid mixed together): - Facebook Ten popular apps in the Ovi Store (free and paid mixed together): - Gravity (a Twitter client) News and information Ten popular apps in the App Store (free and paid mixed together): - BBC World News Live Ten popular apps in the Ovi Store (free and paid mixed together): - Daily Star Music Ten popular apps in the App Store (free and paid mixed together): - Sirius XM Ten popular apps in the Ovi Store (free and paid mixed together): - Mundu Radio I could go on with a number of other categories, but I think you’ll agree the trend is clear: Nokia so far hasn’t attracted many familiar names on the Internet to develop and/or submit applications to the Ovi Store. If the company wants to catch up and make its mobile marketplace a success, that needs to change. Crunch Network: CrunchBase the free database of technology companies, people, and investors
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Last month, 
For instance, if you’d want to buy 200 shares of Apple, you would tweet ‘@pollytrade buy 200 shares AAPL’ and likewise for selling e.g. 100 shares of General Electric (’@pollytrade sell 200 shares GE). After communicating with E*Trade, which should only take a few seconds, PollyTrade tweets back your order status along with your brokerage order number. In case something went wrong - because of incorrect formatting or a refusal from your broker - you'll receive an error message instead so you know the order didn’t go through.
This post is a bit different from the technology news that we generally cover here at TechCrunch. But it’s something that I think needs to be said.
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