Word: foundering
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Dates: during 2000-2009
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Zach Saul, a founder of San Francisco-based software shop and consultancy the Retronyms, created Recorder, a voice and audio recorder, which is the only utility among the Top 10 paid apps. Saul said the app was $10 at launch but went on sale a day later for $0.99 - and has sold nearly 250,000 copies to date. What's most remarkable about Record is that a number of other apps provide the same service - for free. "I think we're successful because we continue to improve and fix bugs and so on," he said...
...winner this year was the free app Pandora, a streaming-music utility that allows users to create "customized" Internet radio stations. Since the launch of the Pandora app in July, the growth of the music site Pandora.com has "been insane," said Tim Westergren, Pandora's founder. "It doubled our growth rate the day we launched, and it's still growing." Westergren said nearly 2 million people have downloaded the iPhone...
...that there are some 10,000 applications available at the App Store, it makes it much harder for new apps to be discovered, some developers say. Brandon Bogle, an engineer and a co-founder of the Blimp Pilots - an ad hoc group of iPhone-app creators, who are otherwise employed as game developers - said its hit app Koi Pond, which sold 600,000 copies, was simply in the right place at the right time. "We were lucky enough to get in on day one, when people could find us. There are so many good apps for the iPhone, the problem...
...report that draws links between media consumption and children's health. After reviewing 173 studies in various categories, the researchers found that the more TV, movies, music and technology a child is exposed to, the higher the health risks they face. TIME spoke with Stanford University professor James Steyer, founder of Common Sense Media, about how parents can keep their kids on the media straight and narrow...
Shai Agassi, the founder and CEO of Better Place, a company devoted to supporting the widespread usage of electric cars, touted the idea of transportation as a subscription service in a speech to a packed forum at the Institute of Politics yesterday...