Koemei Is Out To Transc...

Lord knows there is a lot of online video out there these days, but only a tiny proportion of it has been transcribed (less than 1% according to some estimates). Searching the mountains of video generated by businesses, governments and educational institutions for the valuable information within is almost impossible because the words hidden in the audio are invisible to search. Waiting for it is not just the world, but the many people who can’t access that video because of their disabilities. Transcription unlocks the gold-dust buried in them there video hills. This would involve transcription on a vast scale, but this is exactly the problem Koemei aims to tackle. It’s a SAAS platform for speech recognition in video. Today at TechCrunch Disrupt it announced it has completed an integration with YouTube’s API in preparation for a potential launch. It also announced the successful completion of its first pilot with the University of Geneva and IMD Business School. Simple video lectures can be uploaded, translated, linked to and visible on other platforms like YouTube. Users get to see an interface where they can go through the lecture and check the transcription. Based out of Martigny, Switzerland and with offices in San Francisco, Koemei is a startup leveraging years of academic research. It was spun out of the Swiss Institute of Technology (Idiap institute), which worked with Sheffield University and Edinburgh University on a seven year EU-funded project (which has about $30 million spent on it already). Koemei acquired all the IP under a transfer agreement, has a patent pending and now plans to use its platform to transcribe video content on a super-scale. The problem they are out to solve is obvious. Manual transcription is expensive (as much as $5 per minute). They claim to reduce the cost down to $0.09 a minute. The startup estimates the market for video transcription is around $16 billion annually, given that there are around 120,000 people doing this work in the U.S. alone. It anticipates there will be a 21% year on year growth in the business. The market for corporate and educational video is clearly the most lucrative here. Koemei claims its automated transcription program works better than current systems from the likes of Nuance , because it not only transcribes the video’s soundtrack into words, but also produces an interface for humans to check the transcription. This can be open to the public or closed off for designated users. In other words, it ends up being like a crowdsourced effort to check an AI’s transcription, making it far more accurate than AI alone. An hour audio takes an hour to transcribe, claims the startup. The transcriptions can be pushed to YouTube, Vimeo etc and you get the first 10 hours of transcription free, just in case you need convincing that it works. Of course the technology needn’t just work for the likes of YouTube. There is also videoconferencing, telepresence, web collaboration, group meetings, classroom lectures, webcast; the list goes on. So far they’ve done a pilot rollout with some university partners which has brought in some revenues and proved the model. Next up will be more partners, plus an enterprise solution they want to offer to the likes of Vimeo, Brightcove, and Kaltura among others. On the horizon, their potential competition is Nuance, Google (Google Voice) and solutions like Amazon Mechanical Turk. This is not exactly a weak opposition, but they reckon they can beat all comers. They claim Nuance has issues with long conversations; Google Voice is low quality and closed for other platforms; and mechanical turk solutions involving people are pricey – and may even be customers for Koemei in the end. The startup predicts it could have $44.9 million in sales by 2014, with a potential exit to any number of players including, not unexpectedly, most of their opposition. Backed with Angel funding, they’re now raising a $1.5 million Series A round, following a commitment from a European early-stage VC. The team is led by Temitope Ola, formerly of Silicon Graphics, and comprises three others, most of whom worked on the platform during its academic development.

Also Facebook has alrea...

Also Facebook has already had two or three product failures in its short life time, when Google floated they really had to try to fail at a project. Facebook do not need the money to build factories, the analyst is right their. But they do need payday advance loans to build server farms and potentially complete with the likes of Google for content, they are said to be completing with Google to be vevo's host, which Google is like to throw bags of money at to defend.

How To Use Facebook Tim...

What does the launch of Facebook Timeline for Pages mean for your brand? Unprecedented control, an opportunity to boost engagement, but also lots of initial work. A host of new features became available this morning when Facebook gave all Pages around the globe the option to upgrade to the Timeline redesign. Here’s how they work, and how to use them to benefit your business. Activating Timeline First, visit the Timeline for Pages preview manager and select to add Timeline to your Pages. You’ll then enter a curation period where only your Page’s admins can see Timeline, while everyone else including your fans will see the old design. Walk yourself through the features detailed below, and when you’re ready, click the “Publish Now” button atop your Page to start showing off Timeline to everyone. You can upgrade anytime until March 30th, 2012, at which Timeline will automatically become publicly visible for all of your Pages. Cover The Timeline cover displays a giant 851 x 315 pixel banner across the top of your Page. Facebook’s Product Director of Ads Gokul Rajaram tells me its “goal is to symbolize what an organization is all about. For a restaurant it could be a popular menu item, a band could display album cover art, and a business could show a picture of their customers using their product.” Covers may not display calls to action or references to Facebook features such as “Like this Page”, purchase or pricing info such as “40% off” or “Download at our website”, or contact information such as web address. Rajaram says “brands have been very positive [about the restrictions] because they don’t want to be seen as overly promotional — it’s a turnoff. Pick a visually stunning, high-resolution image that will delight or intrigue visitors and make them want to scroll down to your updates. About Section Below the Cover is your Page’s standard profile picture, name, and two stats: your total Likes and the number of “people talking about this”. The About section shows a description for brands or an address and contact info for local businesses. Users can click through the About link to unfold a map and view other basic info. Be sure to fill out a short, punchy description of your brand’s identity. Page Apps The redesign of how Page apps are displayed could be the primary disadvantage of Timeline for Pages. Apps have been relocated from the left navigation sidebar to the right side of the About section. While they appear with thumbnail photos instead of as text links, they’re overshadowed by the massive cover above. There are four app tiles above the fold, and the first is permanently occupied by Photos. The rest can include Likes, Videos, Events, Map and a Page’s custom apps. Previously, Pages could set a default landing tab that all non-fans would first see instead of the wall when they visited a Page. This is no longer allowed. Instead, users always see the main Timeline view and have to actively click through to custom apps. This means custom apps for your contests, promotions, games, media, coupons, and signup widgets may receive much less engagement from users who find their way to your Page. Pages also often used “Like-gates” on their default landing app, requiring users to Like a Page in exchange for the ability to use the app. While Like-gates are still permitted, they’re not nearly as powerful since they won’t be the first thing users see when they visit a page. To edit which apps you display, click the drop-down icon to the right of the tiles, click the ‘+’ button to import your custom apps, and then hover over them and click the pencil to swap them around. I recommend putting the native or custom apps most crucial to your business above the fold, so coupons for ecommerce brands, contests for consumer packaged good companies, events for promoters, etc. Only display the Likes panel if you have a lot of them and want to peer pressure new visitors into Liking your Page. Messages By default, Page Timelines allow users to send direct, private messages to your Page. This creates a new customer service channel where you can address users’ concerns without having to discuss issues publicly on your Page’s wall / Timeline. Pages cannot proactively send messages, you can only respond to users that have already contacted you. Since asynchronous customer service through messages is much cheaper than fielding live voice calls, Page messages could create additional ROI if you convince users to message instead of calling. If you find users complaining publicly on your wall, kindly ask them to message you instead and say you’ll resolve their problems there. You’ll need to consistently monitor and respond to messages though, or you’ll risk being perceived as ignoring your fans. Highlights Feed When users visit your Page, they’ll see a mix of stories published by your Page itself, by their friends, and stories from other users that have received a lot of Likes, comments, and shares. This is much different than the dedicated Page-only and other users-only feeds from before Timeline. Users can opt to visit those dedicated feeds, though. A Timeline navigation bar on the left lets users jump to different years in a brand’s history. Since random user posts that aren’t necessarily positive could appear on Timeline, the Highlights feed presents branding risks. Thankfully, you can disable the ability for random users to post directly to your Page, and prevent their Timeline from displaying mentions of your Page. However, posts to or mentioning your Page by a visitor’s friends are always visible. If you see negative posts, hover over them and select to hide them, or delete them if they’re especially inflammatory or blatant trolling. Pinned Posts You can select to pin one of your best new or old posts to the top left spot of the Timeline feed for seven days at a time. Pinning can be used to direct users to an important promotional app, show off a special photo, or display a timely status update. The feature gives you significant control what visitors to a Page see first. Be sure to at least keep a link to your website pinned at all times, and rotate it with links to your apps and whatever else you want to drive the most traffic to or impressions of. Beyond pinning posts, you can select to Highlight important posts throughout their Timeline to make them appear the full width of the Page. Ideally before you publish Timeline, or at least at some point you should crawl through your entire Timeline and Highlight all your best photos and links that are still relevant, and hide or delete posts that seem dumb or embarrassing in retrospect, have broken links, or were timely when published but no longer make sense. You should also Highlight user posts that especially positive, while hiding negative ones. Friend Activity In the top right of a Page’s Timeline’s feed, visitors see the count and faces of friends who Like your Page, followed by one update from a friend mentioning the Page that Facebook’s algorithms deem especially engaging. You have little control over this section. Keep it from amplifying negative mentions of your Page by hiding or deleting those posts when first published. Composer In addition to traditional status, photo, video, and question updates, you can select to publish special Milestone stories, such as your founding date, and other big accomplishments like acquisitions or hitting a notable number of customers. These updates are likely favored by the EdgeRank news feed visibility algorithm, and may receive more impressions in the news feed and more prominence on Timeline than standard posts. Milestones appear full-width on your Page with a special flag icon on top. Don’t be afraid to use them whenever somewhat appropriate. Users also see the standard composer, sans Milestones, and can use it to publish feedback publicly to your Page. Admin Panel Rather than sending admins to a separate interface, the new Admin Panel drops down and appears overlaid over Timeline when clicked. It displays notifications of recent activity such as posts to your Timeline by fans, a list of your most recent Page Message conversations, new Likes, and a snapshot of your Insights data including the volume of your own posts, total reach, and the number of “people talking about this”. Each section can be drilled into for a more detailed look. A “Manage” button on the Admin Panel reveals the “Edit Page” option where you can configure all your Page’s settings including whether fans can post to your Timeline and who can see those posts. Activity Log Here you can see every post your Page has ever published, as well as all those by users mentioning them. You can highlight posts to expand them to the full width of you Page, allow them to appear if Facebook deems them relevant, or hide them from view. Posts written directly on your Page’s Timeline may also be deleted. Activity Log makes it easy for you to curate your Timeline and make sure you’re putting your best foot forward. In summary, here’s a checklist of the most important things to do with your Timeline Choose a beautiful cover Provide a punchy description Feature your most important apps Pin the post you want to drive the most traffic to Highlight great historical posts by you and your fans Hide or delete embarrassing, out of date, or negative posts by you and your fans For more information, check out the Facebook Timeline for Pages  intro video and product guide ,. Also, visit our Timeline for Pages news coverage , including its impact on APIs, availability from mobile, and Facebook’s intentions for the product.

1000s Of Journalists No...

4 months after it launched its Twitter-style asymmetrical Subscribe feature , Facebook and its Journalist Program Manager Vadim Lavrusik’s efforts to weaken Twitter’s stranglehold on breaking news are paying off. The company  just announced that thousands of journalists now use Subscribe, including 90 reporters from The New York Times and 50 from the Washington Post. If Facebook can get your favorite journalists publishing through Subscribe, you’ll have less need for Twitter. Next I hear it’s setting its sights on getting celebrities and  entertainment tastemakers onboard. Additionally, Facebook released some best practices for how journalists can maximize the engagement (Likes, comments, and shares) on their posts. Though very late to the game, Facebook has been deeply incentivizing use of its  asymmetrical Subscribe feature . Facebook makes it easy to accumulate Subscribers. It publishes a news feed story to your friends when you Subscribe to someone, and offers suggestions of “People to Subscribe to” in its sidebar (check out your personalized Subscription recommendations here ). There’s an embeddable Subscribe button for websites available, and Facebook’s Comments Box plugin shows links to Subscribe to commenters. An informal opt-in poll of 25 journalists using Subscribe found they grew their Subscriber count by 320% in November 2011. I concur. In the last month my Subscriber count has shot up from 2,500 to over 13,000. Subscribe poses a very real threat to Twitter . With time it could severely reduce the growth potential and unique value of Twitter by bringing its functionality to Facebook’s more popular network. Now the stats and best practices. While these are specifically about journalist, anyone can use these tips to make their Facebook posts more popular: 25% of posts contain a question , these receive 64% more engagement 62% contain a link , and they receive 20% referral clicks if journalists include analysis with the links 30% contain promotional language such as “Read my link”, these receive 37% more engagement than the average post 12% contain photos which receive 50% more Likes than posts without photos, and 13% contain videos Breaking news and current events coverage gets 3x as many Likes and 2x as many share, controversial stories see 2x the Likes and shares. Including a shout-out to one’s readers ups feedback 4x, while asking for recommendations ups comments by 3x Humor can increase Likes by 1.5x and shares by 5x So according to Facebook’s research, the optimal post would be: “Hey my awesome subscribers, click this link to read breaking news coverage of this controversial topic. What should I cover next? lolz. [photo thumbnail]“

Facebook, Twitter and B...

Aggregating data from the likes of Simply Zesty, Pingdom and Google, Search Engine Journal offered a neat visual overview of the social media landscape in an infographic titled "The Growth of Social Media." Among the many tidbits of information is a listing of the most popular social media sites utilized by...