During a breaking news event, we typically sit glued to a Twitter search. And yet that method of tracking news in real time is fairly embryonic: it’s the first step towards all the world’s data becoming real time, and available via constantly updated news feeds.

That’s the basis of StanzIQ, a real time search and information app being developed to track everything from emerging terrorist situations to seeing the feedback on a live concert - on your phone, while you’re in the crowd.

True Ventures Funding

On paper at least, it’s a good bet, with backing from a top VC firm and an experienced team. StanzIQ will soon announce a $1.5 million funding round from True Ventures, and the group consists of Jack Moffitt, Patrick Mahoney and Brian Zisk, who, along with Jon Callaghan of True Ventures, were partners in Green Witch Internet Radio (an early open source streaming service acquired by CMGI in January 2000). Moffitt was one of the lead developers of XMPP (Extensible Messaging and Presence Protocol), a set of open XML technologies for real-time communication. And it’s XMPP that forms the basis of StanzIQ.

The Chesspark Connection

The other consumer app you might remember this team for: Chesspark. As the company explained to Mashable:

The StanzIQ team originally built a phenomenal XMPP-based infrastructure for acquiring, sorting, and distributing data in real time in order to build the Internet chess community Chesspark. The aim was to build a real time game and community on top of the XMPP suite of protocols which is perfect for managing real time data. We have spun off the chess site and turned our attention and our toolset to a much bigger challenge.

The StanzIQ team has lead the drive on building numerous Open Source Applications and Protocols which are now used by companies ranging from giants like Microsoft to indie developers like Rogue Amoeba, not to mention their work on XMPP which is used by companies including Google, Cisco, Neuros and Yamner. StanzIQ has a number of Open Source tools which it has built, some of which are also licensed commercially including Speeqe, Strophe (in 3 languages), Punjab, and Palaver.

All of which sounds great in theory, but the proof will be in the real time results. We’ve yet to see any. And until we get our hands on this thing, we’re reserving judgment.

MW: What [MySpace] understand[s] is their $25 billion to $30 billion valuation.-

JF: But that's [expletive]. We both know that's [expletive].

MW: It doesn't make any difference. That's gonna go down. What they are looking at is the distinct possibility that it can go down to nothing.

JF: How do you find that plausible? It's not even a utility like--the anti-Google argument is this: If someone builds a better search engine tomorrow, I have zero switching costs. If I am on MySpace, I have 500 friends. I use it to communicate with people. You can't just move. It's a pain in the ass. All your stuff is there.

MW: But that's exactly what they said about AOL.

JF: You did not develop that relationship with AOL.

MW: You did. You exactly did.

JF: How?

MW: Your email was there, because your friends were there. I mean, AOL operated actually as the community of its day. There were all of those-

JF: But besides the email and, OK, the-

MW: There were the infinite number of chat rooms. Layer upon layer upon layer of sex chat rooms.

JF: Of course. And I give you credit for having pointed to that as the secret driver of its success. But, all you need is a different chat room. You don't have pictures up [on AOL]. You don't have your history up there. You don't have-

MW: It doesn't matter. What they saw at the time was that [users] were absolutely wedded to AOL. That was Time Warner's bet on that.

JF: AOL was monodimensional in a way that MySpace is not. I don't think that's particularly debatable.

MW: I don't think that's true. I think it is--if you're on MySpace now, you're a [expletive] cretin. And you're not only a [expletive] cretin, but you're poor. Nobody who has beyond an 8th grade level of education is on MySpace. It is for backwards people.

JF: [unsuccessfully stifling laughter] I don't mean to get all Murdoch's-kids on you [an obscure reference to an earlier part of the conversation], but if you are in a band, you are on MySpace. You have to be on MySpace. That's a powerful driver. And second of all-- if I am to accept your reasoning, even though I don't--as the success of [News Corp's British tabloid] The Sun will tell you, there are lot of cretins out there and you can make a lot of money off cretins. By appealing to their essential--

MW: No! That is the difference. And that is one of the interesting points of Murdoch. He wants to make money off of what he rightly saw as a rising lower class. He came to this country and he sees, that's just not really true. No one really identifies with being lower class [in the US]. As soon as it comes to you- I am lower class'--you run, and you have to rehabilitate all of your aspirational identifiers.

See Also: MySpace CEO Dewolfe: Recession Hammering Growth Prospects

Rosenblatt is the guy who cut costs while building revenues at DoubleClick before selling it to Google (GOOG) for $3.1 billion. He beat out Google's head of sales Tim Armstrong and former AOL CEO Jon Miller in our final round of voting.

We haven't heard from Rosenblatt about whether he'd even take the job, but we decided to collect recommendations to send to Yahoo's board anyway.

We started with another former CEO of DoubleClick, cofounder Kevin Ryan, who also happens to work in our office as SAI chairman. Kevin loves the idea of Rosenblatt-run Yahoo. He gave us five reasons why:

• He's experienced. Rosenblatt successfully managed an Internet company with more than 1,000 employees.
• He owns the niche. DoubleClick wasn't just a tech company and it wasn't just an advertising company. It was both -- like Yahoo.
  
• He can cut and grow Yahoo at the same time. At DoubleClick, Rosenblatt cut headcount from 2,000 to 1,000 between 2001 and 2003.
  
• He can cut and grow. While selling off businesses DoubleClick needed to get out of, Rosenblatt managed to increase its revenues anyway.
• He's new. Yahoo needs someone who isn't responsible -- and isn't interested in defending -- past decisions.

Current DoubleClick/Google employees crush on Rosenblatt, too. One told me: "There is nothing not to love about him. [Rosenblatt taking the Yahoo CEO gig] would be great for him. Huge loss for us."

A few readers told us why they chose Rosenblatt:

David Rosenblatt is a incredibly smart and an amazing manager; he turned Doubleclick around and was behind the entire sale to Google. He is far and away the best man for the job. Yahoo would be crazy to let him get away...

Rosenblatt's banking connections prob facilitate another deal with MSFT quickly.

DR!!! Worked for him. Smart guy, understands the business and surrounds himself with strong people.

David R. Thats what people at DCLK call him. A great CEO worked with him, even played basketball with him (he was part of the DCLK b'ball team) in the league in nyc. A great competitor.

One reader composed a list of ten reason while Rosenblatt will get the job:

• Turned around DoubleClick as CEO, gave it a rebirth and sold to Google for 5x in less than 2 years
• Unlike the AOL guys, has had a history of success in the online business-- success follows people and breeds more success...
• Is not a homegrown, loyal Google guy like [Tim Armstrong] and would probably leave
• Has seen the insides of Google, whose organization is most likely factorial worse than Yahoo only masked by the 1 phenomenal revenue stream
• Probably made 95% of his DCLK acquisition money already-- time to diversify!
• As President of Display, he will always be the step child to the search guys [at Google]
• Is highly ethical
• Is a technologist who gets the advertising space, exactly what Yahoo! needs with its open strategy and apt platform
• Is smart-- street smarts combined with cognitive intelligences (Yale and Stanford MBA)
• Is respected in the industry-- advertisers, publishers, agencies AND investors.

See Also:
Everyone's Pick For Yahoo CEO

Google Reader has been my RSS reader of choice since I made the switch from Bloglines last year. This new skin makes the site seem brand new, and makes it even easier for Reader to stand alone as desktop app with Fluid or Prism. To set up Helvetireader with Fluid, create a new Site Specific Browser for Google Reader, then launch the newly created app. Next, click on the script menu item, and select “New Userscript”. If you have the Developer Tools installed, this will launch Dashcode and allow you to edit the userscript. Just paste in this:

// ==UserScript==
// @name        Helvetireader
// @description Helvetireader style for Google Reader
// @include     https://*.google.com/reader/view/*
// @include     http://*.google.com/reader/view/*
// @include     htt*://*.google.*/reader/view*
// @author      Helvetireader by Jon Hicks (http://www.hicksdesign.co.uk)
// ==/UserScript==

var cssNode = document.createElement('link');
cssNode.type = 'text/css';
cssNode.rel = 'stylesheet';
cssNode.href = 'http://www.helvetireader.com/css/helvetireader.css';
cssNode.media = 'screen';
cssNode.title = 'dynamicLoadedSheet';
document.getElementsByTagName("head")[0].appendChild(cssNode);

Save your script, and relaunch the Fluid Google Reader App. After a second, the CSS from Helvetireader will kick in, and you’ll have a brand new look and feel to Google Reader. The CSS is actually hosted on the helvetireader.com web site, so you won’t have to modify your settings as the code is updated. This script is just as easy to set up on Firefox or Opera, and can be used with Safari or Camino with a little tweaking. Hicks expects this theme to be used by 10 people at the most, I expect it will be much more popular than that.

First, the Times' report:

SOFTWARE giant Microsoft is in talks to acquire Yahoo's online search business for $20 billion ( 13 billion).

The proposal forms the centrepiece of a complex transaction that would see Microsoft support a new management team to take control of Yahoo. But there is no intention of Microsoft tabling another takeover bid for the web giant, after its aborted $47.5 billion offer this summer.

It is thought that Jonathan Miller, ex-chairman and chief executive of AOL, and Ross Levinsohn, a former president of Fox Interactive Media, have been lined up to lead the new management team. Senior directors at Microsoft and Yahoo are understood to have agreed the broad terms of a deal, but there is no guarantee that it will succeed...

Under the terms of the proposed transaction, Microsoft would provide a $5 billion facility to the Miller and Levinsohn management team. The duo would raise an additional $5 billion from external investors.

This cash would be used to buy convertible preference shares and warrants which would give it a holding in excess of 30% of Yahoo.

The external investors would also have the right to appoint three of Yahoo's 11 board directors. The talks with Yahoo involve Microsoft obtaining a 10-year operating agreement to manage the search business. It would also receive a two-year call option to buy the search business for $20 billion. That would leave Yahoo to run its own e-mail, messaging, and content services.

It is expected that the operating agreement would boost Yahoo's income by as much as $2 billion per annum.

And now Kara Swisher's debunking:

A report in the Times of London in which Microsoft would buy Yahoo's search business in a convoluted $20 billion deal that would include well-known Internet execs Jon Miller and Ross Levinsohn, is-in the words of one key player-'total fiction.'

Actually, that's Levinsohn speaking, on the record. But that's also the essential word from all key players regarding the Times' report.

BoomTown has spoken to top sources at Yahoo (YHOO) and Microsoft (MSFT) too and all scoff at such a deal now taking place or that either side has been in any such discussions of late.

Who to believe? Let's assume the truth is somewhere in the middle. Even if there are no actual talks taking place right this minute, there should be.

The $20 billion number is almost certainly fiction, given that, last summer, Microsoft offered to buy Yahoo's search business for $1 billion. Microsoft also wants to own and run the search technology, so the idea of having a call option doesn't really make sense. Microsoft and Yahoo need to merge their search businesses, however, and both companies have said publicly they are happy to discuss a deal, so the idea that they're working on something is perfectly plausible. (And if they aren't now, soon.)

Ross Levinsohn and Jon Miller, meanwhile, would make fine additions to Yahoo's senior team, and they are almost certainly being considered for those roles.

Lastly, unlike everyone else in the economy, Microsoft has cash coming out of its ears. So the idea of Microsoft using some of that cash to facilitate a Yahoo deal (which it also tried to do last summer). also makes sense.

Bottom line: If Yahoo and Microsoft aren't discussing a search deal right now, they should be and soon will be. And Yahoo's short list of candidates for CEO probably includes Jon.

See Also: The Biggest Losers: 20 Moguls Creamed By The Crash

via softpedia

Sling.com also allows Sling Box owners to stream live TV through the site. But since only about a dozen people (a rough estimate -- Sling says "hundreds of thousands") own one of those, Sling.com is for most people the same thing as Hulu. It even syndicates much of its content from the NBC and News Corp joint venture.

This makes sense: Hulu's built a model that works for consumers and we expect more clones going forward. We do still wonder, however, how sustainable such sites will be in the long run, given that on top of expensive hosting bills, they have to return so much of their revenues to the original content creators.

See Also:
Hulu's Revenues And The Clone That Wants Them

"Elevation Partners is very pleased with the progress Ed Colligan, Jon Rubinstein and the entire Palm team are making. The Company's product pipeline, including a next generation operating system due out soon and a new device targeted for the first half of 2009, excite us enormously. Elevation supports Palm in taking the difficult but necessary steps required to migrate from legacy products. We have a very long-term investment horizon and have no plans to exit our investment in Palm."

Lay-offs have become common as a winter cold as companies from New York to Silicon Valley cope with the ailing economy. But Apple, in its inimitable way, is hoping a bit of employee shuffling will prevent any more pink slips.

Friday, Palm confirmed it would drop employees from the Treo maker, telling CNET the move was made due to “challenges facing our company and the industry.” Although Palm didn’t mention the number of layoffs, Silicon Valley blog Valleyway put the figure at 1,050.

Apple, despite recently eating into Palm’s marketshare, hasn’t escaped worrying about a slowdown in consumer demand for gadgets. However, instead of jobs cuts, the Cupertino, Calif.-based company is experimenting with reduced hours for its sales staff and extra duty for Apple Store workers more accustom to answering support questions or tackling creative tasks.

As part of the limited trial, Mac Specialists, who greet customers at the door and push Apple products, will have their part-time schedules reduced by four hours. To compensate, Apple Geniuses will be asked to take up the slack - working four extra hours per week as a Specialist. Apple employees working in the Studio are will be required to work eight hours in sales, according to Apple Insider.

The job shuffling effects an unknown number of Apple retail locations. The trial results will determine whether the job shuffling will expand or be ditched in favor of ordinary job cuts.

Both Apple and Palm are responding to slower sales. Even usually brisk online transactions are lower, according to a new estimate of sales for this year’s holiday period.

Consumers are expected to spend just $30 million online in November and December, according to researchers at eMarketer. The company revised its previous sales projection, which had been on track to mark another year of double-digit e-commerce growth.

“People are going to be more frugal this holiday season,” analyst Jeffrey Grau said in a statement. EMarketer announced Monday it expects online sales to grow just 4 percent, down from the 10 percent earlier projected.

Online sales will likely increase by 7.2 percent for all of 2008, less than half of the 19.2 percent reported in 2007.

Meanwhile, in a bit of economic irony, Palm’s saviour may come from its rival Apple. Jon Rubinstein, Apple’s former senior engineering vice-president, in September joined Palm’s board of directors as part $725 millionfrom investment firm Elevation Partners.

Palm tells Reuters that the OS is still on track to be released this year, with the first device for sale in the first half of 2009.

Too late? In a gloomy, damning note about Palm, Global Crown Capital analyst Pablo Perez-Fernandez brings up a good point:

'Palm has the right strategy,' he writes in a damning note about Palm, as quoted by Barron's. 'Unfortunately, we believe the company is about two years too late, and Nova is likely irrelevant against Apple's mobile OS X, Android, [Nokia's Symbian] S60 and Mobile Windows. Is there room for yet another mobile OS? Will developers take resources away from Apple or Android to work on Nova? We do not believe so.'

Another factor working against Palm: Unlike Apple's iPhone app platform, which already worked on millions of iPhones when it launched in July, Palm's new platform probably won't work on old phones.

See Also:
Survey Says: BlackBerry To Keep Dominating Microsoft, Apple For Corporate Mobile Email
Palm Still Pining For Next Year
Palm: Please Don't Buy Our Sexy New Treo