Top Tech and Startup News: LinkedIN University, – citizentekk

Top Tech and Startup News: LinkedIN University, – citizentekk

1.  “LinkedIn Growing Up: Opens Up To High School Students Over 13, Launches Dedicated Pages For Universities Worldwide”


LinkedIn has launched “University Pages,” which are dedicated pages for universities that people can add to their profiles. LinkedIn hopes that this will expand how people use its site and expand it past a resume-style job-seeking site and to tap into a younger user base. Coinciding, younger users will start to be accepted on September 12.


LinkedIn describes the new initiative as “the first step[s] towards a longer vision to help students, parents, and university faculty get a head start on career mapping.” University pages will allow universities to reach out to prospective students, current students, and to alumni. This larger network can also help users find jobs and mentors. Students can use this to help plan their future, including figuring out what careers they want to pursue and which universities will benefit them the most.


2.  “Researcher: Facebook Ignored the Bug I Found Until I Used It to Hack Zuckerberg”

Security researcher Khalil Shreateh from Palestine found a bug that let him post onto other people’s walls; naturally, upon his discovery, he reported the find to Facebook’s security team. They ignored him. Shreteah tried to inform them a second time of the problem, and was ignored again. So, in order to make the bug known, he exploited it and posted a message onto Mark Zuckerberg’s wall.


“Sorry for breaking your privacy … but a couple of days ago, I found a serious Facebook exploit.” Shreteah posted.


Here’s a photo of the message from Shreateh”


Soon after, a member of Facebook contacted Shreateh. The bug was fixed shortly after. For his posting on Mark Zuckerberg’s wall, Shreateh’s account was temporarily suspended and he was denied any bounty fee payment. By posting to Zuckerberg’s account, Facebook rationalized, Shreateh violated Facebook’s term of service. However, despite this, the Facebook team asked him to continue helping them find bugs.


3.   “Germany recognizes Bitcoin as a “private money,” subject to capital gains tax

The German Finance Ministry has declared that Bitcoins are a form of “private money,” and as such, are a form of currency and should be subject to capital gains tax (a tax that stems from any profits made from Bitcoin transactions.). However, if a German taxpayer holds Bitcoins for over a year, then she or he is exempt from paying the capital gains tax. Taxpayers are expected to declare Bitcoins as part of their assets and income during their annual tax return.


4.   “iPhone 5S will come in gold & likely sport fingerprint sensor”

The iPhone 5S is rumored to come in a “gold” color option, a deviation from the current black and white standards of the iPhone. One possible reason for this change is that gold is a sought-after color option for products that sell in China; coloring the iPhone gold could help Apple reclaim its favorite “hypermarket,” after Chinese markets began to slip away over the past financial quarters.


iPhone’s Home button is also appeared to have changed; multiple hints from sources say that the iPhone 5S will include a fingerprint scanner on the home button. The technologies powering this most likely stem from the Apple-owned company Authentec. A fingerprint scanner on the iPhone 5S will help maintain security on your iPhone. If users are not fond of this feature, there is an option to disable the fingerprint sensor, found through the “Settings” app.


5.   “Dalton Caldwell: may not have won yet, but we are still fighting the good fight

When Dalton Caldwell first launched, everyone was dubious of whether it could reach success; people saw it as an attempt to build a paid replacement for Twitter, and thought it was doomed. Caldwell, though, believes that has succeeded with the market he wanted to appeal to – he believes that has created the prototype for a viable social-app ecosystem.


When was first launched, Twitter was going under fire for closing its network to third-party developers. Caldwell slammed this notion and instead, imagined a platform whose interests would be aligned with its developers. Developers could pay a monthly fee for access to this platform, so advertising and other forms of distractions wouldn’t be required to keep the platform running. Thus, was born.


Although is small, Caldwell says that he believes it is important and that the need for an open social platform is as large as ever. Facebook ad Twitter are clamping down on developers and increasing their security restrictions, and is doing the exact opposite.


6.   No More Helpless Damsels: One Gamer’s War on Sexism

Remember the “Star Fox” Franchise? Remember love interest Krystal? She was supposed to be the star of her own video game, until Nintendo decided she’s be better of being saved by a male hero. And she’s just one of many female video game characters being shafted for males. This is a reoccurring story and one Anita Sarkessian is exploring in her new web video series. Her show, Tropes vs. Women in Video Games takes a look into gaming and focuses on ten common female roles, from Damsel in Distress to Fighting Fuck Toy. “I would think I found the most degrading depiction of women ever—then a couple of days later I’d find something even worse,” she comments.


7.      How to help your startup turn a profit in 4 simple steps

Step One is to figure out your customer lifetime value. This will help you choose your sales channels. Your customer’s lifetime value will tell you how much you can make from an average customer during his or her purchasing lifetime with you. Once you know this, you can figure out how much you want to spend acquiring a paying customer.


Step Two is to choose the right sales channels. You can figure out whether or not you want to sell through direct sales (which will give you customer feedback right away, but is costly and time-consuming), resellers (which is slow overall), partnerships and marketplaces (where you have to work with people who are probably promoting your competition as well), inbound marketing (which is hard and has a long payback time), ads (and hope they are effective), or attempt to go viral.


Step Three is to test out your channels. Get an adviser and test out the channels you’ve chosen and measure whether or not they are effective and make the necessary adjustments.


Step Four is to focus and grow. It’s important to start with only a few sales channel, test them, and then hire the best sales and marketing people you can find to ramp them up. Worry less about sales and numbers and more about the people you’ve hired.

Beth Kindig


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