Monday, July 11, 2011

Shaw Capital Management Headlines : Evidence of a Facebook Music Service Surfaces

DATE: MON July 11, 2011
References to a product called “Vibes” have been found in Facebook’s code, and it could be related to the company’s rumored music service.
The social network launched its Skype-powered video chat service on Wednesday. Part of the process of getting started with the one-on-one video communication product is downloading and installing a programon the desktop.
Eagle-eyed software engineer and researcher Jeff Rose was curious about what he was installing and how it interacts with Skype, so he decided to look into the code of the desktop app. In it, he found that the installer supports not one but two applications. One is called “Peep,” which is related to the video chat client, and one is called “Vibes,” which is apparently related to a music downloading app.
Here’s the code in question:

if (paramString.equals("com.facebook.peep"))
return this.window.getMember("VideoChatPlugin");
if (paramString.equals("com.facebook.vibes")) {
return this.window.getMember("MusicDownloadDialog");
}
It seems clear that Facebook has something related to music downloading up its sleeve. Could it be an app for downloading your music and uploading it to the cloud? Could it be powered by Spotify? Or could it just be code that refers to a defunct or discarded product?
Don’t bet on Facebook’s music app being called “Facebook Vibes,” though. There’s a reason why Facebook’s video chat product isn’t called “Facebook Peep.” Still, we know Facebook has a music product coming soon, and now we believe it will do more than simply play your favorite tunes.
What do you think Facebook has up its sleeve?

Shaw Capital Management Headlines : Google+, How Many Users So Far?

By Simon Saavedra | Christian Post Correspondent

DATE: MON July 11, 2011

With all the craze over joining social networking’s newest platform, Google+, we can’t help but ask the question, how many have joined so far?

  • Google +Circles
    (Photo: Reuters / Google / Handout)
    A screen shot of the Google Plus social network is shown in this publicity photo released to Reuters June 28, 2011. Google Inc, frustrated by a string of failed attempts to crack social networking, designed the service to tie together all of its online properties, laying the foundation for a full-fledged social network.
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According to an unofficial report by Paul Allen, also in the tech business and founder of Ancestry.com, Google “probably has more than 4.5 million users already.”
Allen took a shot at making an educated analysis on the total number of Google+ users so far by using a model he claims is the best out there, based on “surname distribution data from the U.S. Census Bureau,” he said in his latest post.
According to his research, Google+ seems to be “growing like crazy,” he said.
Using this model, he calculated 1.7 million users worldwide until July 4; about 515,000 users in the U.S. and 1.2 million in the rest of the World.
By July 10, upon seeing how many uncommon surnames were popping up with Google+ accounts and noticing how many people enlisted in Google+ with the same surname, he concluded about 4.5 million users had joined so far.
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Allen plans to publish on Monday how many Google+ users he believes there are so far.
Here are his latest posts: https://plus.google.com/117388252776312694644/posts