Apple’s iOS 7 is growing quickly with more tablets and iPhones running the beta software than were running iOS 6 at the same time last year, according to new data released by mobile web optimizing company Onswipe. The startup found that by July 1, 2013, 0.28 percent of all iPad visits to its mobile-optimized sites were from devices running iOS 7, and as of June 17, 0.77 percent of all iPhones making Onswipe visits were also on the new beta OS.
Compared to iOS 6, those numbers, while small, have increased considerably. 0.19 percent of all iPad visits were on last year’s beta software as of June 25, and only 0.38 percent, or under half of iPhones ran the pre-release mobile OS. All together, iOS 7 accounts for 0.46 percent of total traffic to Onswipe sites as of this writing, while iOS 6 was responsible for just 0.25 percent…
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Back in November last year image giant Corbis acquired Demotix, the crowd-sourced breaking news picture and video agency which had launched in 2008. We present for you a lighting fast ‘exit Q&A’ with founder and former CEO Turi Munthe, who has since left to pursue new projects.
Demotix sold to Bill Gates’ Corbis, the second biggest picture library in the world, in November 2012. On the way, since their launch in January 2009, they built a community of about 40,000 people in every corner of the globe, providing them with a platform to tell stories that nobody else could – or often would – cover. They broke over 1 million news images, reported 100,000+ news stories, published scoops from Iran to Oslo and sold their community’s work all over the world, shipping hundreds of thousands of dollars per year to a network of freelancers from Haiti to Zimbabwe…
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With one of the globe’s largest economies, India is leading the way in a variety of industries. From software to biotech to textiles, India boasts an array of successful, growing businesses that provide a model for other developing nations. Unfortunately, the only thing standing in India’s path as a leader in innovation is India itself. When it comes to intellectual property (IP) protection, India comes in last.
Today, the House Ways and Means Trade Subcommittee is holding a hearing to discuss the growing trade relationship between the United States and India and the dramatic economic growth that India has experienced over the last few decades. While India’s economic ascent has been nothing short of miraculous, it is imperative that India take into account the importance of ensuring adequate IP rights as they consider expanding their trade and investment relationships globally.
Much of India’s success has been a product of increased domestic and foreign investment. However, due to inadequate protections for IP, many businesses investing capital in India face serious challenges that undermine the companies’ ability to compete and succeed in this vital market. While insufficient enactment of enforcement of IP rights dissuades foreign investment, the instability of India’s IP system also limits growth and opportunities for India’s domestic creative and innovative industries.
Last year, the U.S. Chamber’s Global Intellectual Property Center (GIPC) released an International IP Index (GIPC Index), Measuring Momentum. The Index set out to create an IP roadmap for key countries around the world to assess their IP systems in order to accelerate economic growth, create jobs, and improve foreign investment.
Out of the 11 countries surveyed, where did India fall? India came in last.
There have been a few positive developments in the IP space, like the release of the Draft National IPR Strategy and expansion of ex officioauthority. But for every step forward, it seems there are two steps back, and there have been repeated erosions of the IP climate. This week marks the one year anniversary of the issuance of India’s first ever compulsory license, in part, because the product was imported and not manufactured locally. With this decision, the Indian government delivered a significant blow to the pharmaceutical industry, whose success depends largely on the protection of patents for the medicines that they invest significant time, research, and resources to create. Additionally, India recently revoked a patent for a medicine that holds a valid patent in over 90 other countries. Further, while the passage of the Copyright Bill was, in theory, a positive step, in practice it largely ignored industry’s call to increase IP protection and does not achieve the intended purpose on implementing the WIPO copyright treaty.
With such significant economic growth in the past two decades, it is easy to look at the foreign investment in India and assume that the situation is fine. However, the reality is that there is significant untapped potential if the government passes adequate laws to counter the rampant piracy, both physical and via the Internet.
India has proven to be an open and innovative economy. Stronger protection of IP throughout India will benefit India’s citizens with greater choices and creative industries with an array of opportunities. Imagine the economic growth that could occur and the new innovative technologies that could be discovered if India had sufficient IP protections in place.
We hope today’s hearing will highlight the challenges that industries across the board face when dealing with the IP regime in India, and we look forward to addressing these challenges with both the U.S. Government and the Indian Government.
What will FWD.us do differently ?
Facebook founder Mark Zuckerberg made headlines today on the announcement of his new technology lobby, FWD.us, that he formed with his powerful Silicon Valley friends. But, behind the starstruck stories of DC’s new power players, it should be noted that the technology industry already has a litany of lobbies, comprised of the same board members as FWD.us, who have been active in politics for years. Before everyone gets carried away, it’s worth understanding what tech money has gotten Silicon Valley already and what FWD.us will need to do to distinguish itself.
What Already Exists
The technology industry is handsomely represented in the halls of Congress. According to OpenSecrets, the industry’s lobbying coffers shoveled out $202 million in 2012, almost twice as much as in 2004 ($105M). Facebook even has its own Political Action Committee to fund specific candidates. And, to be sure, most major tech corporations have swanky DC…
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The Bitcoin correction we wrote about yesterday was not caused by a DDOS attack on one of the largest Bitcoin exchanges, Mt.Gox, but rather by a massive spike in interest in the crypto currency, according to Mt.Gox.
During trading yesterday the value of Bitcoin plummet by 60%, dropping from a high of $265 to around $150 (at the time of writing it has climbed back up slightly, to around $180). As the value of Bitcoin dropped, San Francisco-based exchange called TradeHill claimed the fall was a result of distributed denial of service attacks on Mt. Gox and Bitstamp.
But Mt.Gox has now posted a notice on its Facebook page explaining the dramatic dive as the result of too much interest in Bitcoin. As its infrastructure slowed down under the volume of new users crowding in, it said the resulting lag then caused traders to panic and sell off currency —…
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