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post from sobeit on another board.
But they made $196m for the full year – implying $46m for the months of Feb-March alone."
Now, I agree with that assessment so I go back to the one conundrum we have every time BM opens his mouth and that is his statement that "The Olympics and The Presidential Election" generated once-off benefits.
That statement does not stand up in the face of yours because by Feb-March both of those were well and truly over.
So why does he keep on reiterating it? Because it gives him a fall back position if things do not go as well in the 2013-2014 year as they have in the 2012-2013 year. He can point at that statement and say "it was because of those" whilst if they go according to your assessment, which in my opinion holds up and things do really go well, he is also covered.
So, I think he is covering his proverbial and what I want to see when the "finals" come out are not only the past but the projections for the year going forward. Remember last year when SC said they were only hitting 10% of their potential market. Well, your figures surely show that they are hitting more of it and will continue to do so in the next year or two.
All we need now for the price to really move ahead is a confident statement on May 13th that all is rosy in the garden and we will have flowers a plenty next year. Who is to say that given the growth this year which was obviously not anticipated at the beginning of the year that we cannot hit $300m next year with profits aplenty.
from motleyfool
Blinkx (BLNKF )
Shares in Fool Beginners' Portfolio constituent Blinkx have climbed 11.6% to 86.5 pence after the video technologist lifted its full-year revenue guidance to approximately $196 million, ahead of previous expectations of $180 million to 185 million. That's 71% higher than last year.
Pre-tax profit is expected to come in at about $15 million, which is some way up from last year's $1.9 million, as the firm starts to bring in serious profits. There's also a fourfold rise in basic earnings per share to $0.04 predicted, and Blinkx expects to end the year with net cash of $55 million -- an increase of $38.4 million.
BLINKX: The video search engine company rose amid speculative buying on revived talk of a possible bid from Google, according to the Daily Mail market report.
Good find on LSE with the following article:
http://www.sharesmagazine.co.uk/news/blinkx-divides-just-like-marmite#.URkb7WdZNGR
The paragraph that interests me is the following:
"But here’s the dilemma. Just how much should investors pay for this growth potential? Its harshest critics believe the Blinkx platform to be little more than an inferior YouTube, yet after the share price hike, the stock trades on a March 2014 price/earnings multiple of 22, according to Canaccord Genuity estimates."
This bit must have been the mantra of the monkeys "Its harshest critics believe the Blinkx platform to be little more than an inferior YouTube".
Now, surely that shows the problem with Blinkx; people do not understand its technology. Blinkx is not a Youtube. At one stage it might have tried to compete with Youtube but over the last two to three years it has changed its spots and has focused on a totally different market.
Now it is a facilitator of advertisements and search for companies who do not want to go to the cost of doing all the technical work of setting up support departments to develop product. In return, those companies share advertising revenue with Blinkx on a win/win basis. And there are hundreds of them who want this service.
Youtube is a dog's dinner of a product. You can shovel manure into Youtube to your heart's content and then it is up to Youtube to find the diamonds hidden in it at a huge cost to them, hence it has never made a profit.
Blinkx, on the other hand, controls exactly what it wants to find and for whom it wants to retrieve the information. Once again, the statement that the Blinkx website is only a "shop window" proves this. It is there to show what can be done rather than being the be-all and end-all in the way Youtube does and is.
So, Youtube might Ford but Blinkx is more Aston Martin. Now which would you prefer, a Fiesta or a DB9 or even a Rapide S?
Blinkx Surges 21%
By Maynard Paton | More Articles | Save For Later
February 11, 2013 | Comments (0)
LONDON -- The shares of Blinkx (LSE: BLNX ) surged 14 pence, or 21%, to 82 pence during early London trade this morning after the video-search company said its full-year sales could be ahead of target.
Blinkx reckoned turnover for the twelve months to March 2013 could now be in the range of $180m and $185m. The firm said trading during its third quarter had been "strong."
S. Brian Mukherjee, the chief executive of Blinkx, said:
In the second half, we continued to benefit from campaign spending in the US election cycle, which, in addition to the rapid customer adoption of our expanded offerings and strong secular trends within the industry, contributed to our growth. While our advertising revenues are transactional in nature, we remain confident in our outlook and prospects for the remainder of the year.
During November, Blinkx revealed half-year sales up 84% to $82m and adjusted interim profits up 60% to $7.8m. Annual results last May showed revenues up 73% to $114m and adjusted profits up 28% to $10.4m.
During 2008, Blinkx's revenues were just $6m and its losses were $7m. The company's rapid growth, however, has not translated into smooth share-price returns.
Indeed, after joining the market during 2007 at 45 pence, the price fell to as low as 12 pence during the banking crash. But since then, the price has rallied to as high as 158 pence, then slumped to as low as 33 pence, and today now tops 82 pence.
Blinkx's current market cap is now around 300 million pounds, which compares to possible pre-tax profits of about 10 million pounds for the current year. City forecasts for 2014 suggest pre-tax profits may by 17 million pounds.
Of course, whether today's revenue upgrade, current share-price valuation and the general outlook for the video-search industry now combine to make Blinkx a buy remains up to you.
Video search engine blinkx expects to beat on earnings (BLNKF)
it also has more searchable content for video than yahoo or google and is a true hidden gem.
strong buy!
Hidden gem on fire this a.m.
blinkx is a video search engine with 111 patents and no debt and profitable and announced it expects to beat on earnings.
(BLNKF)
Blinkx expects to beat on earnings.
Feb 11 (Reuters) - Blinkx PLC : * Trading in the third quarter continued to be strong * Expects to be ahead of targets, with revenue for the full year in the range
of $180 million to $185 million * Remain confident in our outlook and prospects for the remainder of the year
blinkx re-does web site www.blinkx.com when you play a video the view gets bigger and its better than ever one up on youtube!
Brenton
Mitek looks like a solid investment! This q really surprised me the bill pay should be mitek's money maker.
Blinkx (BLNKF) both stocks took a big hit in SP but I still like them both long term two hidden gems will be BIG DOGS! sooner than we think...
please look aat the new web site blinkx has built it has a larger screen than youtube and they are getting alot more hits now bc of its new easy to use features.
Let me know what you think of blinkx's new web site..
Best,
Frank
Is turbo tax using mitek?
grant,
I found a new stock that you may like ONVO it is a 3-d bio printing stock trying to print tissues for drug companies for drug testing and also print body organs such as heart liver kidneys and even teeth!
On the pink sheets with a goal of NASDAQ listing and i seen an article saying it could be bigger than apple someday.
check it out!
0732 GMT [Dow Jones] Citigroup raises blinkx (BLNX.LN) to buy from neutral. Says 1H results gave comfort both on the operational key performance indicators for the group and underlying growth trends. Believes 2H guidance is conservatively set and notes indications are that online video ad trends remain robust. Notes two areas of concern in 1H were vacuum of newsflow and richer valuation, the latter of which it says is no longer really relevant. Notes blinkx trades at 17.0x CY2013E P/E and 11.3x CY2013E EV/EBITDA, at a discount to the European Internet peer group (18.9x / 12.4x respectively). Maintains a 90p target. Shares closed at 64p Monday
Grant I am disappointed in ARAY's mgnt. team as well if they concentrated more on us investors than their own pockets then they would be some of the richest people in the world with stock options..
I gave up not bc of their great tech but bc of mgnt. you need a great product with a top mgnt. team i don't see these guys getting the job done sorry to say.
I hope the best for you tho.
as for cancer aray sure beats chemo hands down if one can afford its fees!
no doubt about that period!
motley fool said on blinkx shares..
with Blinkx (BLNKF ) , and you'll see a P/E of 30 for the year to March 2013, which is over twice the FTSE average. The reason is that Blinkx is still a small company, just getting its technology accepted -- and if it should become a de facto standard in the world of video advertising, potential future growth could be enormous. In fact, analysts are predicting an 85% growth in earnings for the following year, which would bring the P/E down to around 16.
motley fool said on blinkx shares..
with Blinkx (BLNKF ) , and you'll see a P/E of 30 for the year to March 2013, which is over twice the FTSE average. The reason is that Blinkx is still a small company, just getting its technology accepted -- and if it should become a de facto standard in the world of video advertising, potential future growth could be enormous. In fact, analysts are predicting an 85% growth in earnings for the following year, which would bring the P/E down to around 16.
hi grant,
After years of waiting on ARAY stock to do something I sold most of my ARAY shares to buy into SZYM which is a bio fuel with some huge partners for oil..a company called solazyme.
(this post by safari Norman thanks) There is some excitement on other discussion board sites with Verti, as usual Blinkx likes to keep things hidden until they decide its time to let the market know, where other companies sing the praise of events to come, naturally they often help other companies share price when they do this.
The feeling seems to be at some stage Blinkx will float off a part and keep the Burst PVMG parts it wants, the float off part could be Zango and cheep and gaming gambling and phone mobile unit part, which might all or part go into the floated part, that might be =Verti= the part which we hear and know very little of.
If Blinkx floated off the parts setting up a different unit, that the market knows little or nothing about, would that be in the share price, would we be offered free shares, or would it contribute to future revenue, this is all speculation because we now know its a Blinkx company, but as usual we like everyone else wait to see if Blinkx will let us know on 14th November or announce it in the future.
If as i suspect =Blinkx feels it has enough good news to give share holders in November, then why not give out the news at a later date about Verti, its similar to Blinkx giving out a statement a few weeks before the results that let the market know that it expects the figures will be ahead of market expectations.
As we look at Blinkx the company is strengthening the management side for future growth, as we all know Blinkx follows the Autonomy model, i can see Blinkx with its management structure floating offf a part similar to the time Autonomy floated off Blinkx, i think Blinkx could float off a bit, within a year,
ML of Autonomy started his new venture with young start ups, and did not get on well in a heavy elephant like company called HP, ML is suited to the small quick and nimble companies, it would not surprise me to view SC thinking along the same lines with Blinkx.
The older way of thinking was build a single big company, look at the large companies that take time to change they cannot change fast enough with the companies that are internet companies, and Blinkx has a few hundred workers, where HP is letting 10,000 or 15,000 workers leave each year, Hp has missed the idea that younger people want their computer/TV/phone/game with them during the daytime, not a TV or Laptop they open when they go home.
My thoughs are Blinkx/Burst/PVMG will remain the advertising side with partners etc. and Verti will go for mobile devices/gambling phone side,
= which part would Aurasma/Blinkx/HP project fit into ?
blinkx plc
Trading Update
BLINKX EXPECTS TO REPORT FIRST HALF REVENUE OF APPROXIMATELY $80M
Schedules First Half Results and Conference Call for 14 November, 2012
SAN FRANCISCO, CALIF. - October 29, 2012-blinkxplc (LSE AIM: BLNX) today announces a trading update for the first six months of the financial year ended 30 September, 2012.
The Company expects to report revenues for the first half of approximately $80m. Profit before tax, including one-time costs and amortization of purchased intangibles,will be around $2.4m, ahead of market expectations for the period.
S. Brian Mukherjee, CEO of blinkx, commented, "This has been an exceptional first half for blinkx. The business has shown strong growth, driven by its underlying fundamentals in combination with the ahead-of-schedule integration of Burst and PVMG into the blinkx engine andincreased advertising spend allocated to special events - specifically the summer Olympics and the US presidential elections. While these one-time events have provided us with a better-than-expected boost to revenues during the traditionally slower summer months,we anticipate revenues for the second half to be similar to the first half, resulting in a modest increase in our expectations versus consensus for the full year.
There are powerful secular trends driving the growth of video advertising: the proliferation of broadband and connected devices, and the accelerating migration and consumption of video online. This market momentum underscores the vitality of the sector and our business model. Based on our performance this period and the fundamentals of the sector, we remain confident in our outlook for the rest of the year."
The company expects to announce its results for the period on 14 November, 2012.
A Founder’s Guide to Replacing Yourself
A few weeks ago I made my toughest HR decision yet: I fired myself.
Entrepreneurs have plenty to worry about: raising enough capital to get the business to break even, keeping competitors at bay, recruiting talent, acquiring paying customers, rising above the noise, defining new industries and keeping their teams focused on innovating at the incredible rate of change the industry demands. Another is the worry that your board of directors will someday decide to unceremoniously shove you aside in favor of a more experienced, salt-and-pepper executive. Many founders, including Mark Zuckerberg, Larry Page, Sergey Brin and Mark Pincus, have gone to great lengths to protect their positions as the primary leaders of the companies they built. These efforts include carefully selecting co-founders and entrepreneur-friendly investors as well as architecting stock structures and term sheets so that eternal control is all but guaranteed.
Given all of this, it can come as quite a surprise when you realize that despite all the protective measures you put in place, you want to fire yourself.
About this time last year, I came to that very conclusion. A few weeks ago I stepped down from being CEO of the business I built from an idea into a publicly traded company with more than $100 million in annual revenue. I am now the president and chief strategy officer and S. Brian Mukherjee is our new CEO. Brian, who joined Blinkx in 2011 when we acquired his company, Prime Visibility Media Group, was previously our EVP and GM for Search and Mobile. He’s an inspiring leader and an excellent manager and I believe the best person to take Blinkx to the next level as a thriving global media company.
I never saw myself as a quitter. Ben Horowitz (today mainly known for his venture investing but also a bona fide successful entrepreneur) wrote a blog post a few weeks before I made my announcement called “The Struggle.” In it, he talks about the dark moments entrepreneurs go through when they are building a startup and things don’t turn out the way they’d hoped. He describes the struggle as “the land of broken promises and crushed dreams. The Struggle is a cold sweat. The Struggle is where your guts boil so much that you feel like you are going to spit blood.” LinkedIn founder and venture capitalist Reid Hoffman calls this “the valley of the shadow,” alluding to a biblical passage often used in funerals. It is the sickening feeling you get when big deals fall through, linchpin employees bail or an industry leader launches a product that competes with yours. It is something that carries a certain stench, something entrepreneurs rarely discuss or admit, except perhaps in the therapist’s chair.
Fighting your way through the Valley can be harrowing. The gauntlet is thick with doubters and detractors. The technology forest is dark and deep and you need to fight your way past competitive warriors and financial dragons. Many entrepreneurs begin their ventures believing they will never meet such formidable times. For them, the Valley is not kind. Sometimes the tough times last for months. Often they are fatal.
Like all startups, Blinkx has been through tough times. This, however, is not one of them. Blinkx is doing well by all measures. The company is publicly traded with a market cap of $300 million. We employ nearly 300 people and are profitable. Last year we grew more than 70% and brought in well over $100M of revenue. Of course the fact that we are doing so well makes it difficult to explain why I would want to step down.
I am an engineer. I like to build things. Sometimes I like to take things apart just so I can learn how to put them back together. When I was seven years old, my dad came home one day with a computer. He helped me set it up and then put forth a challenge. He told me if I could learn and master BASIC programming, he’d buy me a video game of my choice. I was fluent in BASIC in less than two weeks but it took me more than two years to call the bet: I found that writing my own games was much more fun than playing someone else’s.
As it turned out, creating a new game was just the beginning. Once I’d built the graphics engine and tweaked the intelligence algorithm, I’d get equally excited about how to turn it into a business. I designed elaborate credit sequences, made plans about where and how I would distribute my games and what I would name the new company that would sell them. For me, building isn’t just about technology—it’s about the product around the technology, the team that brings it to life and the organization that builds it, markets it and distributes it. Being seven made turning these fantasies into reality tough, but the naïve optimism of childhood meant I assumed it’d all happen one day soon enough.
Decades later, had the opportunity to take some smart technology, build it into a new product and launch a new company. We founded Blinkx in 2004 and launched the video search engine in 2005 to a great deal of fanfare. The press lavished us with attention. We were hailed as the next Google and I was the poster boy for online video, beaming from the pages of The New York Times, The Wall Street Journal, and Newsweek. Two years later we took the company public in London. The capital we raised from the stock offering allowed us to continue to innovate new online video advertising technologies, build a global sales team and partner with major brand advertisers and their agencies. We introduced popular new search tools for consumers, highly effective video ad units for advertisers and became the leader in white label video search providing technology for AOL, Ask.com and Real.
Growth at Blinkx was fast and furious. At one point I was flying to London twice a month to talk to investors and spending another week each month in New York, Chicago or LA, selling to advertisers and content partners. I was invited to conferences from Monaco to Maui, delivering keynotes to audiences of thousands of people. On one memorable trip I flew to Hawaii for a day to meet a journalist, then Japan for two days of meetings, then London for a management offsite before heading back to San Francisco via New York: a full circumnavigation in less than a week. Time zones became an entirely irrelevant concept.
Then I hit a wall. It was April 2011 and I was in London negotiating the acquisition of Burst Media and sharing the news with our investors. We ran into some delays with the deal and before I knew it, my two-day trip had turned into a week. At one point I looked up at the room service trays and papers strewn about me, and I realized I hadn’t left my hotel room in more than 48 hours.
By the time I boarded a flight back to SFO, I was utterly spent. I usually look forward to air travel. The disconnection, the quiet, maybe even the altitude, lets me think and strategize without the noise that surrounds being a CEO. I expected to be elated: I had just acquired a company I was excited about, our investors were happy and I was on the way home to see my family. But I felt annoyingly negative. I tried to shake it off. I caught up on emails and watched a movie. But there it was again.
It took some tough introspection but by the time I landed in California I figured out why I was upset. Yes, I was overtired, and yes, I missed my son. But something else was troubling me. While I was abroad, our CTO met with Ask.com, an early partner who had always pushed us to do more. They were brainstorming future products, innovations in video search and new directions for the industry. It was the type of meeting I used to live for but I was too busy dealing with term sheets and finances and reports to be a part of it. As founder I never wanted to be that out of touch with what we were building. I felt like a part of myself was missing.
A week later I was still feeling just as unhappy, only I was sleeping in my own bed.
I still really loved what we were doing. The flame of passion I once had for my job was not dead. It was still there. It just wasn’t being used. Instead of thinking about the future of video online I was worrying about legal, HR and investor issues. Calculating. Negotiating. Reacting. The bigger your company gets, the more it probably needs a Jack Welch-type CEO. You need structure, organization, automation. As a founder, if you are successful, you will one day need to ask yourself if that person is you or someone else. I believe one of the most important things a CEO does is inject energy, belief and optimism into the company and I knew that if I didn’t find a way to get closer to the creative part of this role again, it would kill my ability to do that and, in the long run, that could kill the company.
A few weeks later, after another trip to London for an earnings roadshow, I told my board what I was thinking. I am lucky enough to have on my board a group of people whom I respect and who have all been in my shoes before. If you are an entrepreneur and still building your board, you want to be careful to invite people who understand first-hand the challenges and opportunities that come with building a company. Armchair CEOs are great at running armchairs, but nothing more.
One of my directors—Mike Lynch, the founder and former CEO of Autonomy—is a personal mentor. He has been the visionary tech founder as well as the operational CEO. After all he had done to help me get to where we were as a company, I was afraid he would see this as a failing in me. Instead, here’s what he said: “You are not alone. Most founders go through this process at some point. First you need to figure out what you want.” Then, and here he fell back onto one of his catchphrases, “make it so.”
I flew to Hawaii for a week with my family and spent much of the time sitting on the beach thinking while I watched my son toddle around in the sand. Did I want to leave the company altogether?
I realized that I was still as passionate as ever about Blinkx’s mission but that the reality of the operational job was getting in the way of what I enjoyed most and what I believed still had to be done: thinking about where the puck was headed. Sure, I can run things well, but I am best at the moment of disruption: building a new thing in a void or changing the status quo, thinking about the technology required to do that and inspiring people to come along with the new way.
For Blinkx to continue to be successful, I needed to split my role into two. I had to find someone to run the company and in doing so, give myself the space to work on the next generation of our product, the next disruption.
When I came back I realized I had two difficult tasks still ahead of me: finding my replacement and telling my team. We talked to search firms and looked at people we knew in the industry. We needed someone who could execute and lead the company as it continued to grow, someone understood the complexities and vagaries of online video and advertising. Most importantly, the person had to understand and fit into the culture that had made the company successful. No one we met felt right.
In November we acquired a company called Prime Visibility Media Group, an online performance advertising network and digital marketing agency. PVMG’s ad network reaches more than 600 advertisers and 350 publishers. The idea behind the deal was that that Blinkx would integrate PVMG’s platform with its own. Our video search engine would then respond to some of PVMG’s 1.5 billion daily queries with relevant video results. Those videos could also be paired with rich media video ads that monetize at a higher rate.
It was not immediately clear to me but after a few months of working with Brian Mukherjee, PVMG’s CEO, I recognized the future leader of Blinkx. I asked Brian if he was interested in the position and he jumped at the opportunity. We announced the change in early August.
If I’m really honest the hardest part of this transition is when I tell outsiders about my decision. Some people understand and are supportive. Every now and then I see a sideways glance or I pick up on something behind the eyebrows—a subtle judgment behind a question. People assume no one would voluntarily step back from running their own company. One thing that makes Silicon Valley so good at what it does is the undying optimism that pervades every aspect of its culture. In that sort of reality, people deny that tough times exist. When they hear you are no longer CEO they assume you must have been shoved aside or, worse—gasp!—you do not have enough ambition.
But, what they’re missing is that there is nothing rational about starting a truly innovative company. Most who try will fail miserably. If you want to do it, you need a deeper passion that overrules common sense and if you don’t keep that flame alive, you run the risk of ruining what you have built. At times like that, replacing yourself is the next disruptive move.
Logically and emotionally, I know I am doing the best thing for my company. Every now and then I step back to take a look at how far we have come in six years. It helps me visualize how much farther we still can take this. I love that we live in a market and a time and an industry that allows us to build something out of nothing. I love that I was able to turn my inspiration into reality and I love that I am still an active part of its future. For all we know, this could just be the beginning.
your welcome and I heard from someone who attended the shareholder meeting heard the mgnt saying blinkx had an unfair advantage over its competition!
That is a great sign that makes me think blinkx is way under valued...
google now 750$ per share blinkx under a buck come on!
:p
onwards and upwards..
I have read the comments already made here and on the LSE site. I see that there is a good summary on the ADVFN site and the guy from share soc gave his perspective. Rather than try to compare/contrast etc I have decided to simply give you my take on events. From the comments I wonder if I am the Northern bloke who came late. I am not Northern-but Northern Irish- and I wasen't late-the meeting had not started until I took my seat! Different perceptions/different reality-probaly similar to our different views on the meeting!
They key to marketing is doing good things and telling people. I found out on Thursday the meeting was going to be a 3 hour session with many of the key players coming. When I arrived at 0840 there was tea/coffee and croissants waiting with a fruit "shot" starter. Great but I and others had just had breakfast before arrival! On the other hand this was the most professional AGM I have attended-my 3 rd and the best attended. The business is now a £100m t/o business which reflects the greater interest. Advance notice of the breakfast and the agenda/participants would be appreciated Julia/Edward.
BM opened up with a summary of the final results with all the cliches "strong momentum"; "aggressive share of market"; "fast moving"; "AOL"; Sony" etc. The key points were that advertisers follow the audience and the internet video traffic is the hot space and the hot market. Slide 6 in the finals result demonstrate this well and they used it again with traffic from 4.6 petabytes to 34 petabytes in 2015. He used slide 20 regarding the conversion from Adhoc to the larger market as one key growth challenge. Video advertising is a tiny component of the total advertising expenditure but growing rapidly. He made the comment that they had an "unfair" advantage whish was a use of words I feel implies deceit/cheating in this culture and that he should change that-we will see. It was a good overview and it gave us an opportunity to meet him. He came in for some criticism on the point that growth may have been as a result of the acquisitions rather than the growth of BLNX and that he was being somewhat disingenuous with his comment. He did not really answer that but I am not sure the Americans are not used to such direct criticism-I thought it was healthy
SC then took the stage with his usual enthusiasm. He was impressive. He is comfortable in his space and can fulfill his visionary role allowing BM to run the business. He pointed out that many people do not know what they are searching for and so they have changed the thinking to what he called " discovery search"-and they have totally restructured the site in such a way that longitudinal scroll gives people the options and horizontal scroll gives peole the choice in the area chosen. The beta site will run till October and commence formally then with advertising to catch the Christmas market. This is available across all the spectrum of devices due to the massive expansion of mobiles/pads. Only about a quarter of video seach is availble at the moment. I was impressed with the flexible/lateral thinking and they are adapting accordingly as things change so rapidly. The other key point for me is that this can all inter-act across youtube; facebook; twitter-that is going to give us massive exposure across the social networks and lead people to professional content and hence targeted marketing. I thought this was a key statement but I look forward to others perspectives on that
SC led the demo following the RNS on Tuesday and for a non techy like me it was informative
Julai and Colm the IT guy (Dubliner with US accent) gave us the TV demo with Roku and again a visual ad before a car related search-could have gone more smoothly but we got the idea. BLNX is third behind Amazon and Netflix on the Roku site
Each was then available afterwards on an individual basis. They all reiterated that they are not allowed under company law to make revenue predictions. I did ask JS r
YouTube app wrenched from next Apple iPhones, iPads
YouTube has been unceremoniously dumped from iOS 6, the latest beta version of Apple's mobile operating system reveals.
The Google-owned video website's native app for iPhones and iPads is bundled with Cupertino's shiny gadgets, and pops up to play video on behalf of other applications, but this cosy relationship is coming to an end - quite possibly a casualty of Apple and Google's ongoing thermonuclear war in the mobile sector.
Fanbois will eventually be able to download an app capable of playing YouTube videos - Google is working on one right now - but it won't be integrated into Apple's iThings.
Google's YouTube app follows Google Maps, also tossed out of the iOS party, revealing the increasing rift between the two tech titans.
Apple has its own native video app, called er Video, for stuff bought off iTunes, or synced from other devices over iCloud, but it is obviously no match for YouTube in terms content - there are plenty of things to watch besides cats and warbling hipsters.
Some speculate that Google engineered the app pull-out, preferring to have complete control over its app so it can have unique access to ad revenues from video playback. The advertising giant did not respond to The Reg's request for comment.
Additions to iOS 6 include an app for sharing things over Bluetooth, which will make it easier for two iPhone users to pass around files. This could tie into new iOS 6 app Passbook, which contains boarding passes and gig tickets.
And fanbois will be thrilled by a high-resolution 3D map of Birmingham in their next iPhone: Brum and Manchester are two British cities outside London that will feature in super-detail. Only an handful of European burghs qualify for the honour. The 3D maps are built using technology that Apple acquired when it bought Swedish image makers C3 last year.
from The Register
---------------------
"Apple has its own native video app, called er Video, for stuff bought off iTunes, or synced from other devices over iCloud, but it is obviously no match for YouTube in terms content"
Hmmmm. We know a video search company with a huge index of content (in fact around 35m hours of it), don't we boys and girls?
Suranga from blinkx video from about 1 mth ago..
London Games Attract blinkx Audience Streaming Beyond Sports »
16 August 2012
From the Queen to the Dream Team, videos featuring athletes with attitude and spectator scandals were a draw during the 21 days of the 2012 Summer Olympics
SAN FRANCISCO, CALIF. — August 16, 2012 — The podium results are in on blinkx.com! Now that the London 2012 Summer Olympic Games have come to a close in grand fashion, blinkx, the world’s largest and most advanced video search engine, has compiled the most searched non-sports specific videos during the 21-day gathering to celebrate Olympics entertainment beyond the events.
•The gold medal goes to the Queen! While the world enjoyed the fun and pageantry of the opening ceremonies in London, Queen Elizabeth observed the event with an unamused stare in place of a smile. The Queen’s subjects, as well as the rest of the world, could not get enough of her decidedly sour look, placing this video footage as the number one non-sports Olympic search over the course of the games.
•The silver medal goes to Kobe Bryant’s Dream Team boast! Bryant made a polarizing proclamation that this year’s U.S. Olympic Basketball squad could beat out the famed 1992 Dream Team. Coverage and commentary surrounding the statement, including an amused retort from legendary Dream Team member Michael Jordan, was the second most popular search around this summer’s Olympic games.
•The bronze medal goes to the 100 meter “bottle incident”! A bystander allegedly threw a plastic bottle on the track seconds before the start of the men’s 100 meter track finals, in which Usain Bolt sprinted to victory. The bottle-tossing offender was subsequently punched by bronze medal winning Judo star Edith Bosch, leading to a scandal in the stands and the third most video searches of the games.
For more entertaining and outrageous videos of the London 2012 Summer Olympics, and for seamless, instant access to over 35 million hours of video and audio content, visit www.blinkx.com.
blinkx Partners with Kiplinger for Personal Finance Wisdom »
1 August 2012
From your 401(k) to family finance, find expert advice and information at www.blinkx.com
SAN FRANCISCO, CALIF. — August 1, 2012— blinkx, the world’s largest and most advanced video search engine, today announced a partnership with Kiplinger, the award winning publisher of business forecasts and personal finance advice, to give blinkx users access to informative videos on everything from stock tips to smart saving suggestions. Leveraging its unique AdHoc platform, blinkx will place contextually relevant advertising against these videos and share resulting revenue with Kiplinger.
Publisher of Kiplinger’s Personal Finance, the first magazine to offer money management advice to the American people, Kiplinger has been providing personal money management expertise since 1920. blinkx and Kiplinger will bring that same personal finance coverage to economically inquisitive video viewers, offering useful clips on investing, retirement planning, taxes, insurance, real estate, buying and leasing a car, health care, travel, financing college and more.
“We’re delighted to offer Kiplinger’s library of sound, unbiased personal finance reporting to our audience,” said Suranga Chandratillake, founder and CEO of blinkx. “Kiplinger’s is one of the most trusted and well-respected sources for consumers seeking financial advice, and we’re very pleased that this content will now be easily searchable on blinkx.com.”
“Whether you’re a recent graduate coping with student loans and credit card debt, or a parent looking for tips on tax breaks and coupon-free grocery savings, our video library has helpful personal finance advice for you," said Doug Harbrecht, New Media Director at Kiplinger. “We’re pleased to partner with blinkx to increase our exposure to new audiences and to make our video reports easily searchable for consumers around the world."
As the pioneer in video search technology, blinkx has built a reputation as the smartest way to find rich media on the Web. The company has signed more than 800 partners and indexed over 35 million hours of video and audio content to date.
blinkx hires new ceo Suranga is still on board as CTO...
http://www.proactiveinvestors.co.uk/companies/news/45745/blinkx-promotes-coo-to-ceo-in-board-shake-up-45745.html
mitek powers 403 banks if the share price was 4.03 it would be like a penny per bank deal but its even cheaper for now!
Add in bill pays future its exciting stuff! :p
Jimlur
I noticed the seeking alpha article and it states that IDCC sold its best patents LTE and 4G and wifi to intel?
do you agree and whats going on just concerned the market seems to like it so far but maybe IDCC is wanting to buy its sister PANL? what do you think?
motley fool article on blinkx
Blinkx
Now, here's a speculative punt if ever I saw one. Blinkx (LSE: BLNX) is an AIM-listed software company that makes a video search engine, and PlayDumb has been wondering whether there's a good techie opportunity here.
The video search thingy uses all sorts of clever stuff relating to speech-to-text, tags, images, titles, and other such wheezes, and it licenses some clever technology from Autonomy, the smart search experts recently bought out by Hewlett-Packard (NYSE: HPQ.US).
The Blinkx share price climbed a mountain in 2010 and reached a high of 158p last year, but has since slid back all the way to 34p.
The actual fundamentals don't make much sense at the moment, as the company is only just in profit, and if it is on the brink of a nice growth phase for its product, then the current P/E will tell us nothing of importance.
So what's the score on this one?
Well, a possible upside is that the technology is successful and the company is bought out by one of the big players a little way down the line, leading to riches all round. But on the downside, who's to say that one of those same big players (perhaps HP itself) won't come up with its own product and sideline Blinkx?
It's definitely one for a high-tech growth investor, if anyone, but those are pretty thin on the ground these days. Does it tickle your fancy? Do let us know, below.
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AOL and Blinkx info (article from Sobeit on message board)
Don't know if this was posted before but it gives a good analysis of the Blinkx, AOL deal even though it dates back to February.
http://vator.tv/news/2012-02-13-truveo-out-blinkx-in-for-aol-video-search
What is interesting in it is the notion that the AOLs are attempting to compete with Youtube and rather than putting videos through Youtube which generates advertising revenues for Google they are looking for ways to monetise it themselves.
Not only that but given the following statement that "The partnership is a huge win for blinkx, because in addition to the new audience reach it brings us, we now have access to all of AOL’s video content – a significant, and very high quality library," said a representative from Blinkx to VatorNews." what has the partnership realised to date that we have seen in practice?
Quite a bit has changed, in my opinion, since that announcement and I expect even more in time and that we are only at the start of bigger things to come.
It is worth noting that AOL intends to launch The Huggington Post as an online streaming 12 hours video in the summer. Now where have we heard that before? Watch a number of videos at the following where this is discussed and what it will contain. This is hugely powerful and Youtube will have no answer to it.
http://on.aol.com/video/introducing-the-aol-on-network-517345527
It is worth looking at a number of the videos that will start automatically from this to see where AOL is going and how powerful it will be if it achieves it.
AOL is a big liner that takes time to turn around and so I expect the AOL, Blinkx relationship will take time to mature but I am pretty sure there is a lot of development going on in the background. AOL advertising is dimensionally a totally different fish from Burst and PVMG but they are in many ways compatible.
And what is AOL doing with all of its disparate advertising? It is consolidating it into one with on.AOL which was launched on 24th April of this year. http://news.yahoo.com/aol-launches-online-video-network-aol-222116148.html
Not only that, but it goes under the name "on.aol.com". Now I reckon that is a precursor to the new ICANN namings agreement when it will become probably "on.aol" when companies can use their names instead of the "co.xx" or "com".
And if you read the following from AOL on its advertising you see it is focusing on "channels". Now where have we heard the concept of searching through channels before? In Blinkx, of course.
The concepts expressed at http://advertising.aol.com/platforms/video are far closer to what Blinkx does than Youtube. In fact, I see that Blinkx has improved its categories search capabilities in the last few days and now sub-categories can be searched through visual icons. This brings it closer to the AOL model of presentation which is far more professional but also brings the Blinkx "duck" technology to the front.
By "duck" technology, I mean that the part of the duck above the water is very nice to look at as it swims gracefully across the lake but it is the feet underneath, going like the clappers, that drives it. That "below the water" part is Blinkx and it does it far better than Youtube does it.
Now, I don't reckon Blinkx will ever replace Youtube unless Google buys Blinkx but it does mean Blinkx can compete against Youtube in any market. After all, if Youtube is the Wal-Mart of the video world what is there to stop Blinkx becoming the Carrefour or the Tesco? They can both be successful and profitable.
I think the AOL deal with Blinkx has a long way to go unless Blinkx dirties its bib which I cannot see happening and based on what Armstrong was saying about the future of AOL, this deal alone probably gives Blinkx a very bright future.
So, if you want to do a comparison between Blinkx channels and AOL channels go to http://advertising.aol.com/platforms/video and click on channels.
It seems to me that AOL and Blinkx, technology wis
Mr. Chandratillake continued: "Through organic growth and selective acquisitions, and our unique technological capabilities, we have created a huge and growing video-enabled ecosystem of audience, content providers, advertising networks and advertisers. Our forward strategy and growth is based on further monetizing this opportunity.
The vast majority of our revenues are driven by advertising - sold both directly and through third parties - which exploits less than 10% of the total ad interactions that we now have the option to fill as a result of the recent Burst and PVMG acquisitions. Therefore, over 90% of the traffic available remains an under-leveraged economic opportunity. We see the exploitation of this as a very tangible and exciting opportunity against a backdrop where we expect to see continued growth in online advertising over the medium term."
We remain confident in our position in the market and the progress we have made this year, and are excited about the opportunities that lie before us."
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The fact that Blinkx is currently only exploiting 10% of ad space they could fill is jaw dropping is it not?
NEWS blinkx app on sony connected devices
SAN FRANCISCO, May 16, 2012 /PRNewswire/ -- blinkx, the world's largest and most advanced video search engine, today announced that a blinkx app is now available on Sony Internet-enabled home entertainment devices. Consumers can now watch high quality videos from blinkx's extensive index of professionally produced content on a variety of customized channels.
"Sony is a premier brand in consumer electronics, and has helped re-define the way we bring high quality entertainment into our homes," said Suranga Chandratillake, CEO, blinkx. "We're thrilled to offer the blinkx app, which combines our robust search technology with our massive index of professionally produced video to Sony customers."
The blinkx app for Sony gives customers immediate access to blinkx's index of premium content through 18 distinct and engaging video channels, including:
* Sports: an action-packed channel showcasing the latest highlights, interviews and game updates from the world of sports
* News: a breaking news channel featuring top stories from around the world
* Popular: an editorialized roundup of the most popular videos from across the Web, including the latest shocking news from Hollywood and jaw-dropping human feats
* Fun: a riveting playlist of hilarious bloopers, amazing stunts, ridiculous pranks and cute animals
The blinkx app is available on Sony Internet-enabled devices including BRAVIA® TVs, Blu-ray Disc™ and streaming media players, and home theater systems.
As the pioneer in video search technology, blinkx has built a reputation as the smartest way to find rich media on the Web. The company has signed more than 720 partners and indexed over 35 million hours of video and audio content to date. blinkx has also opened its TV API to provide partners in the fast-growing Connected TV ecosystem—from box makers and TV manufacturers, to app developers and game consoles—access to blinkx's video index.
thanks brenton
brenton
I have a buddy who bought this under my recomendation what should I tell him he is heavily invested in mitk what's your thoughts he is heavily invested I should get a call i don't want today..
I agree but I still think blinkx will be better off as a stand alone company.