Bing Launches Its Paid Search API, But Will Still Offer A Free Tier

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Just about a month ago, Microsoft announced that it would end free access to its Bing Search API and start charging a minimum of $40 per month for the service. Today, the company is officially launching the Bing Search API on its Windows Azure Marketplace, but unlike its previous announcement, the company has decided to continue to offer a free tier as well. Developers will still be able to make up to 5,000 queries per month for free. This, says the Bing team, will still allow most existing developers to use the service for free.

For developers who need more than 5,000 queries, pricing starts at $20 per month for 10,000 queries and increases all the way up to the top tier of 2.5 million queries for $5,000 month. This API gives developers access to web, image, news and video search results. There is also a cheaper web results-only version of the Bing API that starts at $13 per month for 10,000 queries.

The Bing team also announced that it made some changes to the API’s terms of use. These changes, says Microsoft, “now allow greater flexibility to re-order and blend results so that you have greater control over how Bing data is integrated into services and applications.”

Developers will have to buy access to the API through the company’s Azure Marketplace, which also offers access to various other data sources and applications that can run on the company’s Azure cloud computing platform.

Until now, developers had virtually unrestricted access the Bing Search API. This, is some ways, gave Bing an advantage over Google, which only gives developers a free quota of 100 queries per day.


More Google+ In Gmail: Improved Circle Integration, Circle Search and Quick Access To Contact Details

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The folks over at Google just love their Google+ social network and more and more Google+ features have been creeping into Gmail lately as well. Today, Google is bringing even more of Google+ to its email client. With this update, Google is especially focusing on adding a deeper integration with Google+ circles. You will now, for example, see profile photos from people in your circles when you select a circle in the left sidebar. You can click on those images to search for email from a specific contact. In addition, if you really take your Google+ circles seriously, you’ll be happy to hear that you can now use circles as search filters in Gmail as well. Say you want to just see emails from your “friends” circle, you can now just type circle:friends to find them.

How useful these features are for you probably depends on how actively you use Google+. We have, however heard from many of our readers that this incessant focus on adding Google+ to just about every aspect of the Google experience is taking a toll on people’s patience. Instead of focusing on the fundamentals of the Gmail experience, for example, it feels as if Google is getting sidetracked left and right by Google+. As Y Combinator’s Paul Graham rightly noted earlier this year, “GMail has become painfully slow.” Adding more Google+ features to it is probably not making it any faster.

At least one new feature today, though, isn’t fully dependent on Google+ and actually quite useful (though it’s also integrated with it). When you search for an email address now, the search results will highlight your contacts details as well, including phone numbers, Google Chat status and email address. If you contact has a Google+ profile, this information will stay up to date automatically.


Forrester: 32.1 Million U.S. Households Now Access Online Video On Their TVs

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Almost 115 million households in the U.S. currently own at least one TV set and 36 million own four or more. That’s a huge market and as Apple, Google and Microsoft try to wrestle more of this business away from the traditional content and hardware players, the old-school cable and satellite providers now suddenly have to content with this new group of challengers that, until now, barely registered on their radars. According to Forrester analyst James McQuivey, it’s Microsoft that’s winning this platform war so far.

Why? Microsoft, MCquivey argues, currently has a massive lead over its competitors thanks to its Xbox360. According to a new report by Forrester, the number of U.S. households that watch online video on a TV set is now up to 32.1 million, up from just 24.8 million a year ago. The majority of these households use their game consoles to do so. The adoption of connected TVs is also moving ahead quickly. Forrester estimates that 18.5 million households now use them to stream online video in the living room. Over-the-top set-top boxes like the Apple TV, Boxee and Roku, however, are still niche products, with just 4% of U.S. online households owning one at the end of 2011.

Looking ahead, Forrester estimates that by 2016, 66.8 million U.S. households will have connected their TV sets to the Internet and 89% of HDTVs sold will be connectable.

In this quickly growing market, McQuivey argues, it’s all about who owns the platform. Microsoft is in the lead right now, but still, only 49% of Xbox 360 owners currently connect their consoles to the net. McQuivey argues that in order keep its lead, Microsoft has to push this number to 75% and highlight the numerous video options beyond Netflix it already offers.

Google, says McQuivey in his blog post today, “has to push Android onto every TV device, including the Motorola set-top-boxes it is about to own.”

Apple, of course, is widely rumored to be working on a TV set as well. McQuivey and his colleagues, however, think that Apple shouldn’t just sell a replacement TV. Instead, the company should focus on something more akin to a smaller, 32-inch screen iHub that could be used in the dining room or kitchen to create a central hub for the family to gather around and use a shared calendar, Facetime, and view photos and videos.

[image credit: stevestein1982]


Google Just Got A Whole Lot Smarter, Launches Its Knowledge Graph

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Today, Google is launching one of its most ambitious and interesting updates to its search engine in recent months. Starting in a few days, you will start to see large panels with additional factual information about the topic you were searching for take over the right side of Google’s search result pages. The panels are powered by what Google calls its new “Knowledge Graph” and they will serve two different functions. Google will use this space to show you a summary of relevant information about your queries (think biographical data about celebrities and historical figures, tour dates for artists, information about books, works of art, buildings, animals etc.) as well as a list of related topics. In addition, Google will now allow you to clarify what exactly you are looking for and will use these boxes for disambiguation. Thanks to this, you will soon be able to tell Google you were looking for the L.A. Kings ice hockey team and not the Sacramento Kings when you searched for ‘kings.’

The company has actually been working on the semantic technology that drives this knowledge graph for quite a few years. This specific project, Google told me earlier this week, has been in the works for about the last two years. During this time, the company has been working hard on creating the vast database of structured knowledge that powers the features it is launching today (though Google’s acquisition of Freebase . Today, the knowledge graph database currently holds information about 500 million people, places and things. More importantly, though, it also indexes over 3.5 billion defining attributes and connections between these items.

“Strings to Things”

As Google Fellow Ben Gomes told me yesterday, the company really wants to move beyond just understanding the characters you are typing into its search engine to getting a better understanding of what it is you are really looking for (“strings to thing” is what Gomes likes to call it). To do this, Google is using both its own and other freely available sources like Wikipedia, the World CIA Factbook, its own Freebase product, Google Books, online event listings and other data it crawls, but it is also using some commercial datasets (though Google wouldn’t reveal which companies specifically it is working with here).

Here is what this will look like in practice. Google is currently pretty good at understanding general search queries, but some terms are just too ambiguous. When you search for ‘andromeda,’ for example, it just can’t know if you are searching for the TV series, galaxy, or this Swedish progressive metal band. Now, whenever you type in one of these queries, Google will show you a box on the right side of the screen that lets you tell it which one of these topics you were really looking for. Once you pick the topic, the search result page will reload and show you the results related to what you were really looking for.

So if you were looking for the TV show Kings, the search result page will show you images related to the show, the right Wikipedia entry and links to episodes that are available for online streaming. If you were looking for the Sacramento Kings, though, you will get the latest box scores and other information related to the basketball team.

That’s only one part of what the Knowledge Graph now allows Google to do. The second part involves Google’s new automatically created topic summaries that will appear when you look for a topic that’s well defined by the Knowledge Graph. Say you search for the architect Frank Lloyd Wright, for example. Instead of having to click through to Wikipedia to find out when he was born, you will now see his biographical data right there on the search result page. As Gomes told me, Google, of course, knows what kind of facts around a certain person, place or event people usually search for, so it these summaries will also highlight these topics.

According to Gomes, you will see these summaries about as often as you currently see Google Maps in your search results. To put this into perspective (and sadly we couldn’t get Google to give us more concrete numbers), this launch is significantly bigger than the enture launch of Universal Search combined – and that was one of the company’s largest launches in this field.

What makes these summaries even more interesting, though, is the fact that they also highlight other relevant information. For Frank LLoyd Wright, for example, the summary will give you links to some of his most famous projects, as well as a short list of related people Google’s users tend to search for. Click on these, and you will get to their respective summaries. Inside the summaries, Google will also highlight other entries that you can use to dig deeper (family members, band members, albums, schools, a TV show’s director etc.). This, says Google, will allow you to search more naturally across a topic.

Google is aggregating this data from a large variety of sources. It will typically feature a short summary from Wikipedia or a similar service at the top of the summary and specifically link to the source. For the rest of the data, though, it will often just draw upon its own Knowledge Graph database and not specifically link to where it found a person’s birth date, for example.

In case Google gets something wrong, by the way, you can report errors with just a few clicks.

Looking Ahead

Google, of course, has been adding bits and pieces of semantic search smarts to its search engine over the last few years (and so has Microsoft after its acquisition of Powerset). With Google Squared, one of its recently shelved experiments, it also once launched a pretty ambitious project to understand information on the web and then display it in a table (some of this technology likely lives on in the Knowledge Graph now). Today’s launch, however, represents Google’s most ambitious move in this direction.

As Gomes as told me, now that Google’s algorithms have access to this structured data and can understand it better, the next step will be to understand more complex questions like “Where can I attend a Lady Gaga concert in warm outdoor weather?” For now, though, it is worth noting that this update isn’t about natural language processing and answering questions so much as about displaying relevant data in

It’ll be interesting to see how this new feature will influence how people search and what links they click on. I wouldn’t be surprised if this had quite a negative influence on traffic to Wikipedia, for example. At the same time, though, the disambiguation feature may just help drive more relevant traffic to the sites Google links to as well.


Klout for Good: Help Spread the #SahelNOW Movement with UNICEF


Klout believes everyone has influence, and influence comes with responsibility. Klout for Good aims to help you leverage your influence to help make the world more a better place for everyone.

When we’re caught up in our own lives, sometimes it’s easy to forget that there are others in the world who are worse off than us. In Africa, there is a region called the Sahel just south of the Sahara desert that spans about 8 countries. About 15 million inhabitants of the Sahel region are currently being affected by a drought and food crisis. About 1 million of these people are children who are severely malnourished and may not see past their 5th birthday. Without proper nutrition, these children are also at high risk for stunted growth and other diseases.

UNICEF’s efforts to treat malnutrition focus on water, sanitation, hygiene, HIV and health education, but they need us to raise global awareness. Klout has teamed up with UNICEF to spread the #SahelNOW campaign about the critical situation and prevent these children from dying.


Listen to some personal stories of past memories living in the Sahel

Please spread the word about the #SahelNOW campaign on our Klout for Good program on your social networks, learn more about the cause at sahelnow.org and join the movement!

Klout for Good: Help Spread the #SahelNOW Movement with UNICEF


Klout believes everyone has influence, and influence comes with responsibility. Klout for Good aims to help you leverage your influence to help make the world more a better place for everyone.

When we’re caught up in our own lives, sometimes it’s easy to forget that there are others in the world who are worse off than us. In Africa, there is a region called the Sahel just south of the Sahara desert that spans about 8 countries. About 15 million inhabitants of the Sahel region are currently being affected by a drought and food crisis. About 1 million of these people are children who are severely malnourished and may not see past their 5th birthday. Without proper nutrition, these children are also at high risk for stunted growth and other diseases.

UNICEF’s efforts to treat malnutrition focus on water, sanitation, hygiene, HIV and health education, but they need us to raise global awareness. Klout has teamed up with UNICEF to spread the #SahelNOW campaign about the critical situation and prevent these children from dying.


Listen to some personal stories of past memories living in the Sahel

Please spread the word about the #SahelNOW campaign on our Klout for Good program on your social networks, learn more about the cause at sahelnow.org and join the movement!

Cash Flow Analysis – Net Operating Income (Fourth in a Series)

GUEST POST: Carter Froelich, CPA www.thepropertyledger.com

Now that you have estimated the Effective Gross Income and your operating expenses,  you can now estimate a property’s net operating income (“NOI”).

NOI is calculated as follows:

NOI represents the amount of funds the property is expected to produce after the payment of normal operating expenses.  Here again, mortgage payments, capital improvements and depreciation are not part of the calculation of NOI.Why is NOI Important?We have spent the last 3 articles explaining the steps required to estimate a property’s NOI.  Why is the estimation of a property’s NOI so important?NOI is one of the most important “numbers” in cash flow analysis in that:

1. Real estate investors are not purchasing an asset, they are purchasing an income stream and the NOI is the main component of that income stream. If you think that this is a crazy idea, when was the last time you purchased you a stock for the look of the stock certificate?  The answer is “never”; you purchased the stock for the anticipated economic benefits which the company stock would provide you over time.  The same is true for real estate investing.

2. NOI  represents the return that the investor will receive on their investment if they purchase the property utilizing a 100% cash purchase.  For instance, if a property’s NOI is $10,000 and the investor purchased the property for $100,000 cash, the investor’s cash-on-cash return (before taxes) is 10% ($10,000/$100,000).

3. NOI represents the maximum amount of funds available to service debt on the property should you desire to finance the property with a mortgage.   For instance,  the NOI of $10,000 could pay the mortgage on a $124,000 mortgage assuming a 30 year amortization  period  and a 7% interest rate or it could fund the a $150,000 note over a 15 year period at a 0% interest rate.  Do you see how important this figure can be in the negotiation of the terms related to the purchase of real estate?  We will be exploring this concept in more detail in later issues.

4. A traditional lending institution will utilize a property’s NOI to estimate the property’s debt service coverage ratio (“DSC”).  The DSC ratio is the ratio between a property’s annual NOI and the property’s annual debt service.  A DSC of 1 means that there is exactly enough NOI to support you annual debt service and not a penny more.  A DSC of less than 1 indicates that the NOI is not sufficient to cover your debt service, while a DSC of more than 1 indicates that NOI is sufficient to cover your debt service with additional funds remaining.

5. NOI determines the value of the property in question when applying a capitalization rate (“Cap Rate”).  A Cap Rate is defined as the anticipated rate of return produced by a real estate investment.  The formula for a Cap Rate is:

Cap Rate = NOI/ Purchase Price

Thus if the NOI is $10,000 and the purchase price is $120,000, then the Cap Rate is 8.33% ($10,000/$120,000).  In short, NOI is an objective measure of a property’s income stream, while the Cap Rate is a subjective measurement of how an investor’s capital must perform at a point in time. We will explore the concept of Cap Rates in detail in a future article.

6. NOI represents the starting point for the question, “How  much money  did I make this year?”  This begins to get us into the discussion of taxable income which is calculated as follows:

NOI is one of the most important calculations a real estate investor can make as it is at the heart of so many other calculations which provide the investor with an indication of the performance of the investment.  These calculations can then be compared to other real estate investments in order to select the investment which best meets the return requirements of the individual investor. In our next issue we will get into more details related to the calculation of taxable income.

Carter Froelich, CPA is the founder of The Property Ledger™ a web based real estate investment software.  To get a free 30 day trial  of  The Property Ledger™  see our web site at www.thepropertyledger.com.

 

SEE ALSO: The Property Academy Video Tutorials

 

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Bing Exposes Its New, Stripped Down Search Results To All Americans

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Last week, Bing began the initial phase of rolling out a major redesign, in fact the “most significant” redesign in its three-year history. Today, the wait is over. This afternoon, Bing officially turned on its new design, and has made it available for everyone in the U.S. You can check it out here.

The new Bing is now integrates search and people in our social networks through a dedicated social “sidebar.” With sidebar, Bing brings together the best of the web, with what experts and your friends know, giving you the confidence to act. This new way to search lets you share, discover, and interact with friends like you do in real life. If you’re on the go, you’ll notice we’ve optimized the layout and placement of the social results on the mobile device for smaller screen sizes and for touch input, so the user experience will be different than what people see on a PC.

The new design is Bing’s answer to the problem of “Search Overload,” something many are familiar with — the feeling of being overwhelmed by the bramble of links, maps, tools, and options that prevail in today’s search model. And, really, it’s a response to the public disapproval over Google integrating social into its search results. Obviously, Google has retained its iron grip on search for some time, but, with its redesign Bing is positioning itself an unbiased, pure alternative.

In this vein, Bing is taking steps to offer a cleaner, pared down experience, in an effort to clean up its search results. As Josh noted at the time, the redesign essentially divides its search results into three groups: Simple, text-based, algorithmic results placed front and center; maps, reviews, and input fields are placed on the right side; and social context from friends and one’s social network in a panel on the far right.

As Bing said in its blog post today, this dedicated social sidebar is a response to Google search’s G+ integration, serving actionable information from friends and experts. Bing now suggests friends on Facebook that might be relevant to your search — based on what they “like,” their Facebook profile information, and the photos they’ve shared.

This will work in varying degrees of effectiveness, meaning that the “right” friends may not always show up, because the search engine is using public Facebook information along with the content you’ve given it permission to access. According to its blog post, it “won’t match friends based on other Facebook content, such as status updates or check-ins,” in an effort to respect privacy settings. Which means that you won’t see information from friends who have opted out of Facebook instant personalization or that have blocked the Bing app.

For those who do choose to opt-in to Bing’s Instant Personalization partnership with Facebook, you will be able to see if friends have “liked” search results. But, an important qualification of this feature is that those “likes” do not alter search rankings, nor do they add to the clutter of results with social identifiers, names, and faces. Instead, you’ll just see that thumbs up icon adjacent to Bing’s algorithmic, center pane, with the ability to hover over the icon to see who liked those results.

Furthermore, its intermediate section, the one that lies between algorithmic results and social, shows stuff like maps, product reviews, restaurant ratings, and allows users to book flights. Bing has struck a number of partnerships with startups like OpenTable and FanSnap to make booking tables and finding tickets easier.

Bing now has a whole lot more social functionality, but the key is that its social integration doesn’t get in the way, the goal being, in Bing’s words, to create a new way to search that “lets you share, discover, and interact with friends like you do in real life.” If Bing is going to be a “decision engine,” as its mission statement declares, boosting its results with the right amount of social influence and direction is paramount.

To address this, Bing’s new social pane includes an “Ask Friends” field, which allows searchers to enlist the service of their friends. Bing posts your submitted questions to your Facebook wall, whereupon you’ll get a notification if a friend swoops in to the rescue, and guides you to the best nightspot for margaritas, or the best hotels to check out when in Los Angeles. You can also go further, requesting help from “Friends Who Might Know” — those who’ve “liked” your search results, but aren’t in your friend list.

Bing has taken some major steps forward to get itself back in the ring with Google, but it’s still got a lot of ground to make up. Don’t be surprised if you find a massive Bing marketing campaign show up on taxis, TVs, and billboards near you.

For more, give the new Bing a try here. Sorry international Bingers, it looks like you’ll have to wait a bit longer.


Chrome 19 Launches, Now Features Built-In Tab Syncing

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Google today launched version 19 of its Chrome browser for Windows, Mac, Linux and Chrome Frame to its mainstream stable release channel. Besides the usual bug fixes and performance improvements, the highlight of today’s release is the addition of tab syncing to Chrome. With this, Chrome users can now have their open tabs synced across all of their devices, including tablets and phones that run the Ice Cream Sandwich-only Chrome for Android beta.

This feature will allow you to just pick up your browsing sessions on any other computer or device you log in to. One nifty aspect of this is that Chrome will also sync your browsing history, so even your back and forward buttons will work.

Adding tab syncing is just the latest syncing feature Google is adding to Chrome. The browser can already sync your bookmarks, apps, history, themes, extensions and other settings between machines as well (assuming you signed in to Chrome with your Google account, of course).

It’s worth noting that while Chrome 19 is out now, Google plans to roll out the tab syncing feature “gradually over the coming weeks.”

As part of this release, Google also announced that it paid out around $14,500 as part of its security bug bounty program this time around.


Why You Should Market to Millennials

Why You Should Market to Millennials

From Rieva Lesonsky:

Is your small business marketing to Generation Y consumers? If not, you probably should be. Consider the numbers: There are 79 million of them in the U.S., according to 2011 figures, and by 2030, they will outnumber baby boomers (at 56...

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