How Much Revenue Does It Take To Be A $1B Public Company?

With all the chatter about Billion dollar valuations -- like Instagram, Evernote, Splunk -- combined with recent S1 filings and IPOs, the topic of tech company valuation is coming to the forefront of people?s minds. Specifically related to the software industry, the growing number of SaaS IPO candidates of late is signaling an important shift in the way that enterprise software is built and sold. It also indicates that the subscription business model is here to stay. What does this shift towards a subscription economy means for startups, investors and the IPO landscape? First of all ? get Instagram out of your mind. The price it sold for is not relevant to us mere mortals who are building B2B software businesses. For all good, non-bubble reasons, SaaS companies need tens of millions in revenue, high growth, and solid business fundamentals. What you may notice though, is that revenue may be lower than what we?ve become accustomed to during the last few years of IPO drought.

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You Can Finally Play Google Map's Labyrinth Game [Games]

Google first teased us with a demo video of its map-based Cube game way back in January. But instead of having it ready to kill time during the cold winter months back in February, the game has only just been released this week. Finally. More »

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Foxconn Profit Down As Scrutiny Forces Corporate Changes

Taiwanese electronics manufacturer Foxconn saw its profits fall to $509 million from $1.19 billion last quarter. Chairman Terry Gou said this quarter was particularly affected by Foxconn's recent image problem. Improvements in wages, worker benefits, and education accounted for some of the loss, although new iPad and iPhone 4S manufacturing bolstered income last quarter. As a reaction to recent popular criticism on various fronts, the company increased wages by 25 percent this year and is planning to open a hospital and language schools for its employees.

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Baby on the Way for A.J. McLean

"Because we love you all so much, we wanted to share with you all, for the first time, something very special," McLean says. "We're having a baby!"

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No, AirPlay Is Not The New Apple TV

If you asked your mom or dad what DLNA or UPnP stood for or did, would they just look at you weird? While the two technologies enable users to wirelessly beam content to Internet Connected TVs from their tablets, phones, and computers, Apple?s AirPlay is the first implementation that makes the experience seamless. Tap the button again and playback resumes on your root device. No complicated setup is required - it simply works. Some, like Bloomberg and Hunter Walk, have suggested that AirPlay is Apple TV, and that Apple will simply license AirPlay to the major Connected TV manufactures - and by default every Connected TV sold will be an "Apple TV" - the remote being your iPhone or iPad. It's certainly a sensible theory - there are 250 M+ iOS devices, and with the upcoming OS X update, laptops can now leverage Airplay as well. That's over 300M Apple devices that can push content to TVs.

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Distro Issue 38: a peek at the Navy's Robotics Laboratory and an interview with MSI's Jeans Huang

Ah, yes. The end of the week is upon us. Of course, this means that the latest installment of our tablet publication has arrived. Stepping up to the plate this time around, Brian Heater takes a look inside LASR, the Navy's Robotics Lab, and Richard Lai chats with MSI co-founder Jeans Huang. After a strong debut last week, Ludwig Kietzmann is back with Reaction Time and his take on Journey. Our brand spankin' new hands-on section looks back at Spotify's Android preview, Alexandre Herchovitch's HP Pavilion DM1, MIT's Arduino-powered DrumTop and Google Drive. We spend some quality time with the T-Mobile HTC One S, LG Viper, ASUS TF300 and MSI GT70 while Switched On tackles Kickstarter project funding. Looking for something more? IRL reveals our personal gadget stash, the Stat takes a look at tech jobs, Tapbots co-creator Mark Jardine handles the Q&A and Box Brown offers the Last Word on Facebook's recent purchase. Go ahead and hit your favorite link below to snag your copy of this week's e-magazine.

Distro Issue 38 PDF
Distro in the iTunes App Store
Distro in the Google Play Store
Distro APK (For sideloading)
Like Distro on Facebook
Follow Distro on Twitter

Distro Issue 38: a peek at the Navy's Robotics Laboratory and an interview with MSI's Jeans Huang originally appeared on Engadget on Fri, 27 Apr 2012 09:15:00 EDT. Please see our terms for use of feeds.

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Video: "60 Minutes" preview: Ex-CIA defends "enhanced interrogation" methods (cbsnews)

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Exclusive 'Battleship' Clip Premieres Monday On MTV!

Stars Rihanna, Taylor Kitsch, Alexander Skarsgård and Brooklyn Decker will unveil clip during 'MTV First' at 7:56 p.m. ET Monday.
By Kara Warner

Taylor Kitsch and Rihanna in "Battleship"
Photo: Universal Pictures

We still have a few more weeks to wait to find out which "Battleship" castmember utters the immortal phrase "You sunk my Battleship!" So in the meantime, we're offering up the exclusive premiere of a very special new clip from the film, along with the stars themselves, for "MTV First: Battleship."

Taylor Kitsch, Alexander Skarsgård, Rihanna and Brooklyn Decker will hit MTV's airwaves Monday, April 30, at 7:56 p.m. ET to premiere the exclusive clip, after which they will stick around for a meaty 30 minutes of Q&A on MTV.com hosted by MTV News' Josh Horowitz. Fans can get in on the action immediately by submitting video or text questions via MTV.com or via Twitter (using @MTVNews, hashtag #MTVFirst or #AskBattleship). During "MTV First," the four stars will also answer your Twitter questions and dish on the very latest news.

"Battleship" promises to be a true summer blockbuster in every way. It is an action-packed event movie with an A-list and very attractive cast.

"The movie is really the story of a younger brother (Kitsch) trying to grow up and be a man like [his older brother (Skarsgård)]," director Peter Berg told MTV News. "There just happens to be an alien invasion in the middle of it."

The "Friday Night Lights" director also promised that despite the "Transformers" comparisons, his film is "completely different."

"I think 'Transformers' is awesome," Berg said. "I think [director Michael] Bay did an incredible job with that film and I think when you sit through 4 minutes of 'Battleship,' you'll realize that they are two completely different experiences.

"Obviously, our big bosses who are concerned with making their money back have a vested interested in attaching themselves to other successful films. We don't think about that; we think about making our own movie, and I'm pretty confident that whether you love 'Battleship' or not, the issue of comparison to other films is pretty irrelevant."

The film hits theaters across the country May 18.

Don't forget to join Taylor Kitsch, Rihanna, Alexander Skarsgård and Brooklyn Decker for "MTV First: Battleship" on Monday, April 30, at 7:56 p.m. ET on MTV!

Check out everything we've got on "Battleship."

For breaking news, celebrity columns, humor and more — updated around the clock — visit MTVMoviesBlog.com.

Related Videos

• Get Ready For 'MTV First: Battleship' With Rihanna!

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Snooki Wants Baby Before Wedding

'I'm not even ready for it yet,' the 'Jersey Shore' star tells MTV News of her wedding plans.
By Jocelyn Vena

Snooki and fiance Jionni LaVall
Photo: WireImage

Snooki may be planning for her baby, but she certainly isn't planning her wedding just yet. The pint-sized reality starlet wants to welcome her first-born into the world before she officially becomes Mrs. Jionni LaValle.

"I mean, I do have a dream wedding," she confessed to MTV News on Thursday in New York City, with her "Jersey Shore" besties JWoww and Pauly D by her side. "But I definitely don't even want to talk about it or think about it because I'm not even ready for it yet. I just want my baby first."

JWoww confirmed that the ever-expanding Snooki hasn't put much planning into her wedding. "She's in pregnancy mode," Jenni added.

In footage from "Snooki & JWoww" shown to the Media on Thursday, Snooki drops the bombshell on her friend that she is both pregnant and engaged. While it seems JWoww is momentarily shaken, one ultrasound later, everyone seems on board for the baby. Though, there are still plenty of antics to be had, and they include the ladies apartment hunting, torturing their respective beaus and, yes, even hitting up a club or two for a night of dancing.

"I was very excited [when we found out about the baby]. I don't know if I was more excited for what's to come or the fact that we finally moved in together," JWoww said of learning that there'd be another roommate in the house, growing inside her little friend. "But it's not a dull moment. All of us, all eight of us [are going to help out]. It's gonna have a lot of aunts and uncles."

Snooki said the pregnancy may not have been in the reality-show plan, but they made it work. "When we film, it's all about reality and what's going on in our life," she said. "So it's not like we're going in there and staging things. It's what's really going on in our life. It just so happens that I got pregnant while [we were filming]."

Related Photos

• Evolution Of: Snooki
• Snooki's Brand-New Bling

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Biden Attacks Romney on Foreign Policy (WSJ)

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Best Buy Connect no longer accepting new activations, service to end June 1st (update: confirmed)

Remember Best Buy Connect? If so, you'll soon have a few more megabytes of humanized DDR3 freed up, as it appears that the retail giant is ready to put the kibosh on its own branded mobile broadband service nearly two years after it was first unveiled. According to the internal memo shown in the above screenshot, new activations are no longer allowed effective immediately, and the service for legacy customers will be cut off on the first of June.

So why the change of heart? Apparently Connect is the victim of a reshuffling of priorities, and the company determined that it "can achieve greater growth by delivering mobile broadband support in ways other than an exclusive Best Buy-branded service." Of course, this is bound to upset more than a handful of folks who have been relying on Connect for their data needs, and the retailer isn't leaving them completely in the dark: to help smooth out the transition, all Early Termination Fees will be waived, and all customers will receive a $125 or $150 gift card via email to curb the cost of moving to a different carrier. WiMAX Connect users, additionally, will also be given the option to switch over to Clear service. We're still awaiting official confirmation from Best Buy -- as of this moment, the official website remains up and running as if it's none the wiser -- but we'll update as soon as we hear more.

Update: Best Buy has now officially confirmed to us that the service will indeed be shut off on June 1st.

[Thanks, Anonymous]

Best Buy Connect no longer accepting new activations, service to end June 1st (update: confirmed) originally appeared on Engadget on Thu, 26 Apr 2012 14:11:00 EDT. Please see our terms for use of feeds.

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Interview with Anthony Troiani (Offthekuff)

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