Posts Tagged ‘Instagram’


Clippers ProtestThis past Friday TMZ released an audio recording involving Donald Sterling, owner of the Los Angeles Clippers basketball franchise, and his girlfriend. During the recording, Sterling went on a racist rant after his girlfriend, who is ironically of African American and Hispanic descent, uploaded a picture to her Instagram account with basketball legend Magic Johnson, who is African American. During the clip, Sterling issued the following statements, among others:

"It bothers me a lot that you want to broadcast that you’re associating with black people. Do you have to?"

“The little I ask you is not to promote it on [Instagram] . . . and not to bring [black people] to my games."

The news caused tremendous uproar, but was amplified because Sterling’s Clippers are in the middle of a playoff tournament against the Golden State Warriors. The players, the majority of whom are black, had to decide whether to suit up for their scheduled Sunday game or boycott the match until the NBA had established punitive action.

With the weight of the public and media on their shoulders to take action against their owner, the Clippers decided to still play their scheduled Sunday game, but had a personalized pre-game response to the news.

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The Week Unpeeled

Media Navel GazeFed Chairman Bernankewas clearly a bull-market hater.  His use of the word “taper” to describe the new direction of the Fed’s “easy money” bond-buying program sent stocks sharply lower for two days, with the Dow losing 1.8 pct for the week to end Friday at 14,799. Bonds sunk in tandem. That’s a big shift in portfolios but a little perspective.  For the year, the Dow is up about 12 pct.

Elsewhere:

  • The G8 met in Northern Ireland and President Obama took his show on the road, meeting briefly with Russia President Vladimir Putin, who was playing the role of Lording over the Ring before becoming seemingly involved in the Snowdon affair;
  • The “leaker” Edward Snowden was charged with violating the Espionage Act and is on the run from Hong Kong to who knows where but Latin America looks like a good bet, making for non-stop Where’s-Waldo-style coverage;
  • RBS was back in the news amid talk that the UK bank may split into different businesses, unclear if either will be healthy/profitable;
  • Avoiding potential early “leaks” themselves, the folks at the Conference Board decided not to give media a peek before official release time of its consumer-confidence surveys (but don’t subscribers probably also share results early?);
  • Lights, Smartphones, Action (and ad dollars): Facebook through Instagram is following Twitter through Vine in providing short-video services;
  • Tony Soprano died to massive tributes for James Galdofino, fittingly in Italy;
  • The Food Network 86-ed Paula Deen for racial slurs; and
  • It was a Heat repeat, with Wimbledon now on deck for the week and Tour de France next up. End of Story
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The Week Unpeeled

The world did not end last week but the year did begin to wind down amid a bit of doomsday-style headlines with the fiscal cliff issue (or is it Merry Cliffmas, referenced in a few publications, this year?) unresolved and NRA press conference quotes going global. (“The only thing that stops a bad guy with a gun is a good buy with a gun” blared across The Times in London and beyond on Saturday.)

Elsewhere:

  • Reports that Ben Affleck may be the Senate candidate to fill the spot most likely left vacant in Massachusetts following John Kerry’s nomination as Secretary of State;
  • UBS agreed to pay approximately $1.5 billion in fines for key rate rigging that was called “routine” (coverage was anything but routine with financial papers devoting pages to the investigation findings that the corruption—“epic” said the FT—appeared to be widespread);
  • The findings from an inquiry into the BBC scandal involving Jimmy Savile showed that decisions not to run an expose appeared to be more mismanagement than cover up;
  • South Korea elected conservative Park Geun-hye as president;
  • Instagram photoshopped its statements on “sharing” users photos but unclear whether the about face would convince Kim Kardashian not to take her snaps elsewhere; and
  • NYSE Euronext was sold to upstart ICE for $8.2 billion, showing how technology is the name of the global trading game. End of Story

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Earlier this week, Google acquired Germany-based Nik Software in a move that puts it in direct competition with Facebook and its recently purchased and wildly popular Instagram. Nik Software is mostly known for  a little award-winning photo-editing app named Snapseed, purchasable for $4.99 from Apple’s app store ("iPad App of The Year” in 2011). Now, call me an Internet novice, but I haven’t heard of them or their app. Perhaps it is because I defy the laws whispered amongst the graphic designers of the world, but I don’t use an iPhone or iPad. Calm down, calm down. (I have an iPod Touch and a Nano for running, so chillax kiddos.) After watching the video seen here, I’m deeply intrigued as a photographer to see how well this software really works when it eventually lands in the Android app market. (Seriously, calm down.)

While I'm not entirely huge on smart phone photography, I'll admit I'm in a minority. Camera tech on phones has evolved at a flabbergasting level and Snapseed is only helping to further push the envelope. No doubt it'll find itself among good company at the entrepreneurial Google.

Google’s Vice President of Engineering, Vic Gundotra, writes in a blog post that Google wants “to help our users create photos they absolutely love, and in our experience Nik does this better than anyone.” He continues, “This week we also hit an important milestone--over 400,000,000 people have upgraded to Google+. It was only a year ago that we opened public sign-up, and we couldn’t have imagined that so many people would join in just 12 months. While Google+ is all about creating a better experience across Google, it’s also a destination. And here too, I’m happy to report that we have just crossed 100,000,000 monthly active users on Google+”

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The Week Unpeeled

Tornadoes ripped through the Midwest and Euro worries (Spain mostly now it seems) ripped through the markets, sending the Dow down 1.6 percent for the week for its worst weekly showing for the year to end at 12,849.  Banks earnings at two of the majors (JP Morgan and Wells Fargo) were slightly above estimates but still raised concerns as analysts dug below the headline numbers.  Elsewhere:

  • Rick Santorum dropped out of the GOP contest, making Mitt Romney the Republication presidential candidate apparent;
  • InstaMultiMillionaires: Facebook bought app Instagram for $1 billion (who’s producing the “Startups Gone Wild” video, btw?);
  • The Titanic disaster marked its centennial over the weekend, causing more-than-needed broadcast coverage;
  • The Secret Service proved to be agents gone wild ahead of President Obama’s visit to Colombia; and
  • Huddling” cost Goldman $22 million in fines when SEC learned that non-public information from meetings between analysts and traders were shared with some clients (and who said Goldman lost its focus on clients?). CJP

 


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