The Chromium Blog: WebP, a new image format for the Web: a single component of web pages is consistently responsible for the majority of the latency on pages across the web: images....Images and photos make up about 65% of the bytes transmitted per web page today.The engineering accomplishment might be the easy part. Adoption might be the hard part. There still are people whose ISP is AOL. Most people who use IE use some primitive version.
Slate: The Other Social Network:That spring, Goldberg started instant messaging with Mark Zuckerberg. In March, he met with Zuckerberg and Sean Parker, the Napster co-founder and early Facebook investor, at a Starbucks on 96th Street. According to Goldberg, Parker tried to persuade Zuckerberg to acquire CU Community. Zuckerberg didn't tip his hand, but Goldberg says they kept in touch. In June, he says, Zuckerberg invited him to Palo Alto, Calif., where the Facebook crew had moved to work on the site. Goldberg flew out and stayed with Zuckerberg and pals for two weeks. "I think we went to one Stanford party," he says. There was "no crazy partying or drinking," Goldberg says, despite what The Social Network may suggest...... One factor was that Zuckerberg's site had the financial means to expand. Goldberg says he turned down advertisers, including MTV, and didn't seek out venture capital .... He started writing a food blogThe dude should have joined the Facebook team at the earliest possible date. Capitalism.
In The News
CNet: Google offers JPEG alternative for faster Web
Google Social Web Blog: Google URL Shortener Gets a Website: http://goo.gl
The Official Google Blog: Explore the world with Street View, now on all seven continents: everyone can now see places from all seven continents
AP: IMDb turns 20 with a refreshed, video-full website:the site has 100 million monthly visitors worldwide.
Adventures in Capitalism: Did Peter Thiel Make The Single Best Investment In History?:In 2005, Peter Thiel paid $500,000 for a 10% stake in Facebook..... his stake is worth between $2-3 billion. That's a 6,000x return on his capital in 5 years.
The Next Web: Square using social media stats for credit checks and fraud prevention:the number of Yelp reviews a business has or the number of Twitter followers a business has.... Square, which wants to be “PayPal for the real world”