Archive for July, 2007

Do you know what’s StreetAdvisor? A website from where you can see your neighborhood and places from all over the world (a future tool of course, for now only US, UK, Canada and Austria have coverage).
It’s a must visit site, for homeowners, renters, and house buyers from above countries, as the StreetAdvisor give viable images about the living places.
A great article (StreetAdvisor Launches New Services) by Duncan Riley will explain you more. Worth reading, just see the below quotes:

The new StreetAdvisor provides a real-life “insider” view that provides users the ability to learn and share vital details about where they live, including noise levels, traffic, neighbors, entertainment, and public services in a similar way to travel review sites. Recommendations and negative experiences about local businesses, entertainment and services will also be supported.
….
Other new features include a member recognition system, “local expert program” and StreetAdvisor Billboards, a service that offers the ability to secure exclusive “run-of-street” advertising opportunities on a per city basis.

The site is currently in public beta and offers coverage for the United States, United Kingdom, Canada, and Australia.

The full article also presents some great images that are self explaining.

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According their own blog article Lending Club, that’s using Facebook for their operations, passed 500.000 Dollars on loans.
What’s Lending Club? It’s an online lending community where people can borrow and lend money, bypass the banks, and supposedly get better rates.
Quoted from Renaud article:

We continue to be impressed with the rapid adoption. The Facebook F8 launch has helped spread the word about our company. The community members have generated a tremendous amount of feedback to help improve our product. These improvements are preparing us well for our expansion beyond Facebook.

To date, there has not been any default or late payments, though it is still very early. The close ratio on the site went up to 84%: this statistic means that more than 4 out of every 5 loans obtain funding. A borrower always has the ability to relist a loan if the individual didn’t receive funding the first time.
Lending Club Statistics

First loan closed June 6, 2007
Passed $250,000 in loan origination July 5, 2007
Passed $500,000 in loan origination July 26, 2007
Loans issued 104 ($528,200)
Verified lenders 524
Total members 3,061
Facebook Installs 11,935
Top Facebook group Apple Students (102 users)
Fastest growing network New York, NY (82 users)
Average Interest Rate 10.71%

Lending Club was recently reported by Netbanker as the top “Money” application on Facebook.

The average interest rate continued to go up to 10.71% partially due to larger loans, which usually carry higher interest rates. For more details on interest rates calculations, please visit https://secure.lendingclub.com/info/how-we-set-interest-rates.action. The average loan size went up from $4,700 to $5,250 in the last 4 weeks.

All this information and more will soon be available directly from the secure site https://secure.lendingclub.com.

Worth to read the Lending Club Blog, to see their latest articles, here: http://blog.lendingclub.com/

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Meebo started to extend their profile? Or just having a great heart and start promoting others?
Read that article by Duncan Riley and comments related to find out :)

Web based instant messaging platform meebo has announced a new partnership with Live Nation and The Firm to promote “Family Values,” a series of live music events billed as “this summer’s biggest tour.”

The partnership includes concert promotion and concert presence. Music fans visiting meebo.com, the Family Values Tour website and featured band websites have a chance to win 2 free concert tickets and backstage access to every day of the tour.
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The 2007 Family Values Tour is co-headlined by Korn and Evanescence.

Подаръци

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TechCrounch keep having great articles. It’s a source of inspiration for my little blog:) So here’s another choosed article for today, from Duncan Riley

Theseus, a German based project that is aiming to develop “the world’s most advanced multimedia search engine for the next-generation Internet.” will received a cash injection of $165 million from the German Government, under approval by the EU.

According to an AP report, the German Government will initially fund Siemens AG, SAP AG, Deutsche Thomson oHG and EMPOLIS GmbH to kick start the project with later funding to be given to small and medium businesses to build on the initial research.
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Read FULL article here
eu-google-competitor-gets-165million-cash-injection/икони

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