Social travel network TripUp has announced the launch of CouchSwap, a new social travel application developed specifically for Facebook.

CouchSwap gives Facebook users the ability to offer their couches to friends and other travellers, as well as being able to find available couches offered up by other members.

CouchSwap features include a ratings service that allows users to rate couches like a hotel room, and a credit system for swapping couches. Users must offer a couch in order to take advantage of other people’s couches; a Bartercard style system of sorts for cheap accommodation.

CouchSwap will compete directly with the Couch Surfing Project, a stand alone site that has over 270,000 members.

Counchswap’s parent company TripUp was acquired by Sidestep July 9.

A new study being published by the University of Texas and Chitika says that the top 50,000 blogs may have generated around $500 million in aggregate 2006 revenue. The data behind the study is rather thin – They are looking at the Chitika blog advertising network, which includes 12,000 blogs, and estimating that most blogs would have three distinct revenue sources. Blog rankings are determined by Technorati rank.

The study results are embedded below. An interesting conclusion is that blog revenue may defy the “80/20 rule”, with even more revenue going to top blogs than usual, with 20% of total revenue going to the top 1% of blogs. “Upon closer observation, it was found that model tends to overestimate the revenue at less popular blogs, but underestimates it at more popular ones” the study says. And:

Summary of Findings: Ad revenue in a blog is more sensitive to the rank of the blog than what one would expect in a typical Zipf Law 80/20 curve situation. One reason for this may be the social value of advertising in a blog. If online advertising is like advertising in a mall, advertising in the blogosphere is like advertising in a country club.

• The top 1% accounted for approximately 20% of the total revenue.
• The top 5% accounted for approximately 50% of the total revenue.
• The top 10% accounted for approximately 80% of the total revenue.
• The top 15% accounted for approximately 90% of the total revenue.

Again, the data behind the study is very thin, and using Technorati to determine the top 50,000 blogs may not be a perfect indicator either.

“Street style community” StyleMob will go public Thursday with a product that is part Hot or Not, part fashion magazine and part MySpace.

Like Hot or Not, StyleMob encourages users to upload photos to be scored by other users. The concept is that users share their fashions with other users, be that store clothing, created clothing or a combination therein.

StyleMob also takes on aspects of social networking sites such as MySpace. Users have profiles, comment walls and friends. StyleMob members can post advice questions (examples provided include “Should I keep plucking my eyebrows?” or “What should I wear to my interview?”) to their own personal “StyleCouncil”, a team of personal stylists made up of friends and Specialists they find on StyleMob.

Co-founder Sasha Cagen describes StyleMob in a way that I can’t possibly do as a man, “Our early members tell us StyleMob is more than a website, it’s a mindset and a way of life. StyleMob is about injecting creativity into getting dressed every morning. It’s about getting inspiration from other people whose taste and budgets match their own.”

See our previous coverage of other sites in this space here.

Anybody know who the guy in the blue shirt with blond hair is below (looking left, with glasses, back to camera)? Someone saw him at TechCrunch 9 and wants to meet him. See Scott Beale’s post and the related “missed connection” post on Craigslist.

hi! this is crazy. thought you’re cute. you’re the tall blond guy with your back to the camera, wearing glasses, 3rd or 4th person from the left, in picture number 11? on laughingsquid. wish i’d talked to you.

I’m seriously thinking that we need to launch some sort of dating site.

The FCC released the auction rules on the 700 MHz spectrum today. Google formally requested (and we supported) that the new bandwidth have four requirements: open applications, open devices, open services and open networks. Together these rules could quickly make the U.S. wireless space competitive with European and Asian markets that we have long trailed.

The auction rules include much of what Google requested, including open devices and open applications. But open services and open networks are out, meaning third parties may not get access to the networks at fair wholesale rates. Will we see a tidal wave of innovation in the space? It’s too early to tell. The FCC hedged its bets to keep AT&T, Verizon and other incumbents happy. New players like Google may or may not participate.

This is clearly a compromise decision. History will decide if the FCC commissioners made the right choices. Perhaps their feeble attempts to stand up to AT&T, Verizon and their army of lobbyists will have been enough to get the U.S. back in the race with the rest of the mobile world. Or perhaps not. Just for record keeping purposes, Kevin Martin (Chairman) and commissioners Jonathan Adelstein and Michael Copps are willing to fight for openness. Commissioners Deborah Taylor Tate and Robert McDowell, who are parroting much of the nonsense that AT&T spewed last week, are clearly lining up with the incumbents.

A strong second quarter by IAC saw a 78% increase in profits, mostly driven by assets sales and reduced costs.

The positive headline results did not flow through to the struggling 4th ranked search engine Ask.com, which saw a decline in revenues. The second quarter decline comes despite a $100 million Crispin, Porter + Bogusky advertising campaign that should be resulting in increased traffic and revenue to the site.

The exact amount of the decline was not disclosed.

Australian startup Tangler has created a next generation forum product that allows real-time discussions to occur without page refreshes. Their forum product is both synchronous and asynchronous – meaning it competes as much with Meebo (web based chat) as it does with existing forum applications. Users can also easily embed rich media into the discussion.

We first wrote about Tangler in February 2006, when it was deep in a development. They’ve been quietly working with beta partners for the last six months, and recently opened their doors to allow anyone to create a new forum. Last week, the 1,000th forum was created on Tangler.

Tangler forums are also decentralized. Any discussion/forum can easily be embedded in a third party website or websites. The discussion occurs simultaneously on all instances of the forum. See here for an example of an embedded forum.

Examples of startups using Tangler as their forum include Weewar, Particls and Omnidrive.

See our recent coverage of Meebo Rooms as well. It is interesting to see web chat and forums colliding towards the same end product.
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Facebook is down, and has been so since at least 10 am PST. Anyone notice it down earlier than that? We’ve emailed the company for their comment.

Update: Facebook is now back up as at 11:30am PST

Update: Statement from Facebook:

This morning, we temporarily took down the Facebook site to fix a bug we identified earlier today. This was not the result of a security breach. Specifically, the bug caused some third party proxy servers to cache otherwise inaccessible content. The result was that an isolated group of users could see some pages that were not intended for them. The site has now been restored and we apologize for any inconvenience this may have caused.

StreetAdvisor will today launch a range of new upgrades that will give homeowners, renters, and buyers a more complete picture of where they could live.

The new StreetAdvisor provides a real-life “insider” view that provides users the ability to learn and share vital details about where they live, including noise levels, traffic, neighbors, entertainment, and public services in a similar way to travel review sites. Recommendations and negative experiences about local businesses, entertainment and services will also be supported.

StreetAdvisor’s street based reviews have been expanded to include cities, states, and countries.

Upgraded guidebooks now include four broad categories with the ability to create additional topics in a similar fashion to a Wiki.

Other new features include a member recognition system, “local expert program” and StreetAdvisor Billboards, a service that offers the ability to secure exclusive “run-of-street” advertising opportunities on a per city basis.

The site is currently in public beta and offers coverage for the United States, United Kingdom, Canada, and Australia.

Previous TechCrunch coverage here.

Microsoft has released the new version of Microsoft Works as a free, ad supported office package that will compete directly with Open Office and Google Docs & Spreadsheets.

The Works package offers word processing, spreadsheet and slide (powerpoint) functionality partially based on code from older versions of Microsoft Office.

The move by Microsoft to offer a free office suite comes as online office packages including Google Docs & Spreadsheets, Thinkfree Office and Zoho continue to grow market share due to increased broadband penetration, online convenience and lower costs.

It was not disclosed whether the new version of Microsoft Works would sync with or support Microsoft’s online services under the Live brand. Whilst the version was said to be released July 27, it was not clear where it could be downloaded from or accessed.

Microsoft Works first launched as a Mac application in 1986.

(via ZDNet)

Retrevo, one of a number of automated, aggregate review sites we previously covered, is releasing an alpha version of a new product comparison feature called “Product Snapshot”. The feature helps find the greatest “bang for your buck” by visually displaying how a product’s price and features stack up against others in its category. CEO Vipin Jain will demo the feature at tomorrow’s Stanford Summit. The feature will go public at the end of September.

“Product Snapshot” maps a product’s place on a price/feature graph relative to other products in the category. The mapping of the product is based on a statistical analysis of a number of major features and prices drawn from across the web. Products with fewer features for their price fall at the bottom left of the chart, while products with high prices and many features are placed toward the upper right. For example, this search for a Samsung LN-S4696D shows where the LCD TV places relative to other mid-range TVs.

The snapshot also includes links to products with better features, similar products, and cheaper products. These features will be released at the end of September when the full feature is pushed live.

Retrevo distinguishes itself by focusing on consumer electronics and finding a great deal of auxiliary material on products. Searches return PDF product manuals, aggregate user ratings, product previews, written reviews, forums & blogs, and shopping links. The data is pulled from thousands of sites including those of manufacturers and retailers. Retrevo’s depth of information makes it best suited for initial product research instead of quick price comparisons.

OK, so sensationalistic headlines targeted at Second Life are so last week; from FBI related gambling bans to animal sex, we’ve seen a lot. Now there are allegations being printed by News Corp in Australia that suggest that the next major terrorist attack on a Western country could be being planned in Second Life, and yes, as can be seen in the picture to the right, 9/11 is being used as a reference point as well.

The report describes in detail various griefer operations as being terrorist attacks and goes on to say that:

On the darker side, there are also weapons armouries in SL where people can get access to guns, including automatic weapons and AK47s. Searches of the SL website show there are three jihadi terrorists registered and two elite jihadist terrorist groups.

The fear factor is so thick, it can’t be easily paraphrased

With the game taking such a sinister turn, terrorism experts are warning that SL attacks have ramifications for the real world. Just as September 11 terrorists practised flying planes on simulators in preparation for their deadly assault on US buildings, law enforcement agencies believe some of those behind the Second Life attacks are home-grown Australian jihadists who are rehearsing for strikes against real targets. Terrorist organisations al-Qaeda and Jemaah Islamiah traditionally sent potential jihadists to train in military camps in Pakistan, Afghanistan and Southeast Asia. But due to increased surveillance and intelligence-gathering, they are swapping some military training to online camps to evade detection and avoid prosecution.

The terrorists must get broadband in their caves now.

Rohan Gunaratna, author of Inside al-Qaeda, says it is a new phenomena that, until now, has not been openly discussed outside the intelligence community….”They are rehearsing their operations in Second Life because they don’t have the opportunity to rehearse in the real world”

Be alert, but not alarmed

“Community representatives are relied on to report suspicious or inappropriate behaviour to the owners or the SL authorities, just as in the real world.”

You just know that this is going to end in a Hollywood movie.

Matt Marshall at Venture Beat has the scoop on what the Amp’d team were spending part of their $360 million in venture capital on: porn.

According to the asset list from the Apm’d fire sale, the company acquired at least 100 porn DVDs; least that’s the number listed for the auction (we’d presume additional DVD’s were probably taken home).

As Matt put it so well “We’re still wondering how venture investors such as Redpoint (which lost $25 million in this) and Highland (which lost $50 million) could have let this happen.”

Amp’d declared bankruptcy June 2 owing $100 million.

Full coverage of the Amp’d meltdown on TechCrunch here.

UPDATE: A correction printed at Venture Beat notes that these might not have been DVD’s, but some sort of X rated content Amp’d produced, they look like DVD’s and certainly we are unwilling to repeat the names of them here to prove the point. Aside from the still very valid questions about how Amp’d blew $360million in funding and ran up $100million in debt, there are now some interesting questions as to why a company primarily marketing to teens was producing X-Rated content.

YouTube has announced a new music competition that will be judged by leading artists 50 Cent, Common and Polow da Don.

YouTube OntheRise Rap Edition is a follow up to last year’s YouTube Underground contest and seeks to discover the best rap and hip-hop artists in the United States.

Unsigned talent who aspire to be professional artists have until August 17 to submit their videos. The final winner will be announced September 7.

The winner will be awarded a trip to New York City to professionally record a single for G-Unit/Interscope Records, a $10,000 gift card from Guitar Center, and their video will be featured on the homepage of YouTube.

Further contest information is available here.

Mobile applications developer Action Engine has raised $20 million in new round led by Baker Capital.

Previous investors Northwest Venture Associates and The Spangler Group also participated in the round.

The company develops mobile device software that allows media companies and mobile operators to provide music, video and other content on mobiles. Action Engine’s ODP platform incorporates intelligent mobile advertising, support for mass market handsets and broad management capabilities that are claimed to “increase profitability, lower cost of ownership and drive brand-awareness.” Existing clients include MSNBC, TiVo, Sprint and Verizon.

Action Engine’s total funding to date is now $65 million. The company plans to use the funds to accelerate its sales, marketing and distribution efforts.

Google has licensed Gmail to Japanese mobile operator KDDI Corp.

The email service will be branded by KDDI and work on the “auone.jp” domain. Google will provide the backend for the service and account holders will have the same functionality as provided by Gmail itself, including 2GB of storage.

The announcement continues a recent string of deals in Asia for Google as it attempts to build market share and presence in countries it does not dominate. More recently, Google has licensed search to a number of Chinese search portals.

KDDI is currently Japan’s second largest mobile operator behind NTT DoCoMo. Third ranked mobile operator Softbank owns Yahoo Japan, which according to Smart Money is not as strong in search, but leads Google in other services including email.

Chinese ecommerce group Alibaba has confirmed preparations for an IPO of Alibaba.com.

Alibaba.com shares will be listed on the Hong Kong Stock Exchange in the third quarter and the IPO is expected to raise HK $7.8 billion (US $1 billion). Alibaba has said that they would be using the additional capital to expand their international footprint.

The IPO will see the partial spin-off of Alibaba.com from the Alibaba Group, the China based holding company that owns sites including Alipay, Taabao.com and Yahoo China.

Yahoo Inc is currently the largest shareholder of the Alibaba Group, having acquired a 40% stake in 2005.

(via cs.com.cn)

Web based instant messaging platform meebo has announced a new partnership with Live Nation and The Firm to promote “Family Values,” a series of live music events billed as “this summer’s biggest tour.”

The partnership includes concert promotion and concert presence. Music fans visiting meebo.com, the Family Values Tour website and featured band websites have a chance to win 2 free concert tickets and backstage access to every day of the tour.

At the live concerts, fans can share videos and pictures in the official Family Values “Circle Pit” meebo room and win prizes based on their submissions.

Meebo follows in the footsteps of Buzznet, who is promoting their service on the Vans Warped Tour. It would seem that live music events are becoming fertile ground for promoting startups and networking related sites.

The 2007 Family Values Tour is co-headlined by Korn and Evanescence.

Seattle based BuddyTV (Advanced Media Research Group Inc.) has taken $2.8 million in Series A funding in a round led by Gemstar-TV Guide International.

BuddyTV is a television focused content network with a team of dedicated entertainment writers producing content that is complemented by users. The service also provides broadcasting tools. See our previous coverage here on the space.

NASDAQ listed Gemstar- TV Guide is best known in the United States for its TV Guide publication. Their involvement in the round is significant due to Gemstar – TV Guide’s background; this is a serious long term player in the television industry investing in a new media TV related startup. The expertise and depth of knowledge BuddyTV will now have access to should bide them well in an increasingly competitive vertical.

(via PeHUB)

I picked up a juicy rumor this weekend that Cisco may have acquired Click.tv, a video annotation and deep tagging service that launched in 2006 and then shut down last month.

When Click.tv closed down last month they said in an email to users “While I regret this shutdown, I am very excited by the reason behind it. You’ll be seeing Click.TV technology very soon doing *much* bigger and better things.” This certainly suggested a complete relaunch or an acquisition.

Was it Cisco? Maybe. They’ve been making some interesting plays in the web space, with acquisitions of Five Across, Tribe and WebEx. Five Across and Tribe are both in the social networking space. I’m not sure how Click.tv would fit into those plans. So for now I’m going to label this as possible but not more. I’m digging for additional sources.