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TITLE: Talk to the Fridge * 1002 [1]GUEST CO-ANCHOR: Alexis Madrigal

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This is Tech News Today for Wednesday, May 7, 2014!

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This episode is brought to you by Squarespace, the all-in-one platform that makes it fast and easy to create your own professional website or online portfolio. For a free 2 week trial and 10% off, go to squarespace.com, and use offer code TNT.

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Welcome to Tech News Today, I'm Mike Elgan - I'm Jason Howell.

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Tech News Today explores the big stories of the day with some of the world's best journalists.

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Our guest co-anchor today is ... Alexis Madrigal. Alexis is a senior editor at The Atlantic, where he oversees the Technology Channel. He’s also a visiting scholar at the University of California, Berkeley in the Center for Science, Technology, Medicine, & Society.Alexis Madrigal
Senior editor, The Atlantic @alexismadrigal

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PIXELCORP QUESTION ENGINE: http://goo.gl/gkEoCbhttp://bridgeurl.com/tnt1002/all

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WORLD PASSWORD DAYSHOWLINKS

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Today Is World Password Day. That’s why change is in the air. It’s time to change your fricken passwords or, better yet, finally embrace a password manager like Last-Pass. https://passwordday.org

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A: Created by Intel
A: Last year, over a million passwords were changed thanks to the World Password Day
A: passwordday.org

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LATE-BREAKING STORYSHOWLINKS

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Linkedin and Evernote are partnering on putting business cards to work. The partnership enables you to take a picture of a business card using the Evernote app on your smartphone, which makes the data on that card searchable and viewable on both Evernote and Linkedin. http://blog.linkedin.com/2014/05/07/evernote-linkedin-partnership/http://9to5mac.com/2014/05/07/linkedin-discontinuing-its-own-cardmunch-app-in-favor-of-evernotes-business-card-scanning-feature/

http://techcrunch.com/2014/05/07/linkedin-gives-up-the-ghost-on-cardmunch-inks-deal-with-evernote-to-migrate-users/

http://online.wsj.com/news/articles/SB10001424052702304626804579362852421452152

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Zac Hall writes for 9to5Mac
Q: What happened to Linkedin’s business card scanning app, CardMunch?
Q: OK, so how does this process work? How do you scan a business card and what happens after you scan it?
Q: Linkedin has way more users than Evernote. What do they need Evernote for?
Zac Hall
Blogger, 9to5Mac and 9to5Google @apollozac

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A: LinkedIn shut down its CardMunch business scanning app on June 23, 2014
A: CardMunch used humans -- Mechanical Turk
A: LinkedIn more than 300 million users
A: Evernote 75 million users, 16 countries.
A: Free for a year
A: Simiar to Evernote's 3M's Post-It notes and Moleskine partnership
A: Machine recognition -- no humans involved
A: iOS app hits today; Android app later

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Zac Hall 9to5mac.com @apollozac

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CONVERSATION 1SHOWLINKS

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AD 1: Squarespacehttp://squarespace.com

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CONVERSATION 2SHOWLINKS

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The Silicon Valley-based TuneIn, which is an internet radio station, relaunches today. The site now combines global radio stations and Internet radio stations with social networking and much better search and site navigation. http://tunein.com/radio/TWiT-Live-s97079/

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Tom Cheredar is a Staff Writer for VentureBeat
Q: Isn’t combining music with social what Apple failed with? (Ping)
Q: Can the radio model compete against the Spotifies of the world?
Tom Cheredar
Staff Writer, VentureBeat @TChed

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A: Free, ad-supported
A: 100,000 radio stations around the world
A: TWiT is one of the stations -- just drill down into talk, then select the Technology category: #1 station
A: You can follow either a station or another user.
A: Gets song data and can tell you what’s going to play before it plays
A: Offers to download app
A: 50 million active users a month
A: “Echoes” are tweet-like posts attached to specific audio streams

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Tom Cheredar * venturebeat.com * @TChed

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CONVERSATION 3SHOWLINKS

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The Chinese giant Alibaba filed paperwork yesterday to become a publicly traded stock in the United States. http://dealbook.nytimes.com/2014/05/06/alibaba-files-to-go-public-in-the-u-s/http://www.businessweek.com/news/2014-05-06/three-things-to-know-about-alibabas-ambitions

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Mark Milian: Tech Writer, Bloomberg
Q: Most US consumers are unfamiliar with Alibaba, even though it’s one of the world’s largest tech companies. Can you tells us about some of their businesses?
Mark Milian
Tech Writer, Bloomberg @markmilian

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A: Analyst: “Alibaba is the fastest-growing Internet company in one of the fastest-growing economies in the world”
A: Alibaba filed for an intended $1 billion IPO
A: Eexpected ultimately to raise $15 billion to $20 billion
A: Could be biggest IPO since Facebook $16 billion IPO in May 2012.
A: Expected to have a share price that could value the company at roughly $200 billion
A: Probably more valuable than Facebook, Amazon.com or eBay, less than Google or Apple.
A: Popular Alibaba brands in China: Tmall, Taobao, Alipay,
A: Last year, the value of all merchandise sold on Alibaba exceeded $248 billion
A: Nearly 20 percent of the purchases on Alibaba were made through mobile phones.
A: In 2013 made profit of $3.56 billion on revenue of $7.95 billion
A: Profit margin of roughly 45 percent
A: High profit because costs are low, tax rate is low: 10%
A: SoftBank is Alibaba’s biggest investor with a 34.4 percent stake
A: Yahoo is second biggest, with 22.6 percent.
A: Jack Ma, Alibaba’s founder, biggest shareholder, owning 8.9 percent of the stock
A: Alibaba's Alipay division — which is not part of the IPO — is the world's largest payment processor.

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Mark Milian * bloomberg.com * @markmilian

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CONVERSATION 4SHOWLINKS

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Google today bought a web site called Appetas, which exists for restaurants to build web sites for themselves and integrate restaurant services like OpenTable and GrubHub. Google plans to shut Appetas down. Existing users will be moved to another service -- probably Google+ Local and Google Maps, which have already been integrated with Google’s previous acquisition of Zagat. http://www.blog.appetas.com/blog/2014/5/7/appetas-is-joining-google

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A: Founded in 2012, Seattle-based Appetas

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CONVERSATION 5SHOWLINKS

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In a related story, the OpenTable of Europe, which is a French company called LaFourchette, has been acquired by TripAdvisor. http://techcrunch.com/2014/05/07/lafourchette-gobbled-up-by-tripadvisor/

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No Interview

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A: restaurants in France, Spain and Switzerland
A: More than 12,000 restaurant partners
A: Probably $140 million in an all cash deal
A: Operating under the LaFourchette brand in French
A: Eltenedor in Spanish
A: ‘TheFork’ in English
A: TripAdvisor recently bought mobile travel info app GateGuru

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CONVERSATION 6SHOWLINKS

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News

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No Interview

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Notes

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CONVERSATION 7SHOWLINKS

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CONVERSATION 8SHOWLINKS

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News

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CONVERSATION 9SHOWLINKS

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News

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No InterviewURL

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E-MAILSHOWLINKS

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We got a question from a Google+ user by the unlikely name of mal disposto, who posted in our Tech News Today Google+ community: “Why do we have journalists on TNT and not representatives from the companies or products in the news?”

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Tom Cheredar earlier gave us information ideas not in article

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FOLLOW-UP

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XXX

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IN OTHER NEWSSHOWLINKS

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LG today started selling home appliances you can talk to using a chat app on your smartphone. The appliances include a refrigerator, a washing machine and a microwave oven. The app works like any other chat or message app, but you’re actually talking to the appliances. For example, you can ask the fridge if there’s any milk, and it tells you. The washing machine can change its schedule with a simple request. The fridge even has a camera inside, and it can send you a picture of what’s inside. You can also find out if the light goes off when you close the door. Sadly, the appliances are available only in Korea for now, but LG says they’ll sell them in other countries in the future. http://youtu.be/PplAymrv0hA

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THANK GUEST CO-ANCHOR

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* * * FIN * * *

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Online retail giant Alibaba filed an iPO today. We'll tell you why that's really big news.

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An Internet radio service re-launches as a social network.

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And a partnership between Linkedin and Evernote transforms what you can do with your business cards.

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TEASER4

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* * * END PROMPTER COPY * * *
[1] Tor affected by Heartbleed. Servers are rejecting relay. More than 500 affected. Coverage on Ars Technica. Why it matters: Countries with censorship, human rights advocates, and investigative journalists all rely on Tor for safe and encrypted communication. http://arstechnica.com/security/2014/04/tor-networks-ranks-of-relay-servers-cut-because-of-heartbleed-bug/ -Jill Duffy Great! Thank you. -Mike Elgan Dawn dawnc331 -Mike Elgan call dawn: (714) 505-7993 at 10:19 AM -Mike Elgan