Real Estate Marketing on Pinterest with The Corcoran Group ? Kelly ...

Join #PinChat, Wednesday June 27th at 9PM EST as we learn how The Corcoran Group is using Pinterest for real estate marketing.

Matthew Shadbolt is the Director of Interactive Product & Marketing at The Corcoran Group, Manhattan?s leading real estate brokerage, where he is responsible for all of Corcoran?s interactive output and advertising. His responsibilities include the tactical value-building implementation of new features for multiple interactive platforms such as corcoran.com, and Corcoran?s initiatives in social media, advertising, video, mobile and search. Under Shadbolt?s guidance Corcoran?s online audience has quadrupled in less than 5 years. He recently spearheaded the organization?s first steps into mobile marketing and content production with the launch of its first iPhone and Android applications, and is an active participant in Corcoran?s social media presence across Facebook, Twitter, YouTube and Foursquare.

Prior to joining Corcoran, Matthew spent five years at Home Shopping Network QVC, first as Senior Interactive Designer at QVC UK in London (where he developed the world?s first real-time interactive television purchasing application), and later as Manager of Graphics at QVC headquarters in the United States, where he oversaw the creative strategy and production of QVC?s broadcast output and brand strategy.

A native of the United Kingdom, Matthew graduated from the Jan van Eyck Akademie in The Netherlands in 1998 with a Postgraduate Laureate, specializing in Interactive Design.

He has taught at numerous academic institutions including Oxford, Yale, New York University (NYU) and the Art Institute of Philadelphia. He has spoken at numerous national and international conference panels on topics related to real estate advertising and the industry?s interactive future.

His work has been published across many publications, including The New York Times, The Guardian, Mashable, Crains, Forbes and The Huffington Post. His work is regularly published in real estate industry publications such as The Real Deal, Curbed, Inman News and the Real Estate section of The New York Times, in addition to being a regular writer for Inman Next, a website focused on technology for the real estate industry. Shadbolt has been a member of the New York Chapter of AIGA since 2004 and is an enthusiastic member of the Anglo-Zulu War Historical Society. He is also a current member of the Hitwise Online Competitive Analysis and Analytics Advisory Board.

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Analysis: Putin disavows, but won't ditch, state capitalism

ST PETERSBURG, Russia (Reuters) - "State capitalism is not our goal," Vladimir Putin said in his first big speech on the economy since his return to the Kremlin, managing to leave investors at Russia's premier business forum little wiser as to how serious he is about selling state assets.

Privatisation has come to the fore as Russia's most divisive policy issue since Putin, elected in March to a third term as president after four years as prime minister, named a new government last month.

Although dire markets preclude major deals that would reduce the state's 50 percent share in Russia's $1.8 trillion economy at the moment, the privatisation debate has caused a power realignment that could have far-reaching consequences.

The kicker to Putin's state capitalism quote was that private-sector monopolies should not replace state ones - a dig at the rushed sell-offs of the 1990s that handed the Soviet Union's industrial legacy to a new breed of industrial oligarch.

"Without healthy competition, a market economy shows a tendency to decay that is no less pronounced than the command-administrative system," Putin said on Thursday.

Despite that skepticism, Prime Minister Dmitry Medvedev has committed to a string of sell-offs that, starting small, that would see the state exit entirely as owner of major firms such as oil major Rosneft within four years.

Igor Sechin, the energy 'tsar' in Putin's last government and recently named chief executive of Rosneft, has other ideas.

Sechin has lobbied to create an energy commission subordinate to Putin that, sources said, may evolve into a separate centre of power that would further his goal of building a state energy champion.

Oil bosses outnumbered bank CEOs at the St Petersburg forum, and it was they who were granted an audience with Putin, who himself has blessed recent oil exploration deals between Rosneft and Eni, Exxon Mobil and Statoil.

But the 59-year-old Putin also made clear that the 25 percent foreign share of output in the world's largest oil-producing nation was quite sufficient. "We think we have great openness in our economy," Putin told them.

SMALL IS BEAUTIFUL

Medvedev's privatisation ambitions collide with the realities of Europe's sovereign debt crisis, which has delivered a double whammy of rapid capital outflows and sliding oil prices that has pummeled Russian asset prices.

That is keeping on hold the state's proposed sale of a 7.6 percent stake in Sberbank, even though the Russian market leader has ridden out the global credit crunch to become Europe's second-largest bank by equity market value.

With Russian public finances still in rude health - sovereign debt is 10 percent of gross domestic product - the government can afford to be a price-sensitive seller, investment bankers say.

"The purpose of the privatisation program is a strategic process of continued liberalization of the financial system," said Nicholas Jordan, UBS's CEO for Russia and the Commonwealth of Independent States.

"It is not because the country needs the money. So, why sell certain precious jewels at what you think is not the right price?"

Medvedev's government has agreed to sell a stake of nearly 50 percent in the United Grain Company, a grain trader, to Russian investment group Summa, and further deals could follow in sectors that are not strategically sensitive.

"There is a new government in place. They are young, active and want to do something. The problem is not the government but the market and the order in which assets get privatized," said Sergei Arsenyev, managing director for investment banking at Goldman Sachs in Russia.

"The process will start. The non-energy assets - I do not think there is any issue about. There are a lot of young guys (in government ...) who will prove themselves."

STRATEGIC ASSETS

Sechin, under Putin's patronage, is seeking to consolidate oil industry assets under Rosneftegaz, the state energy holding company he was expected to join as a director.

The first big oil deal of Putin's third presidential term could, sources say, be the entry by the state into No.3 oil firm, TNK-BP, following British oil major BP's decision to sell its 50 percent stake.

"It seems very likely the state is going to consolidate assets in certain industries," said Stephen Jennings, chief executive of Moscow-based emerging markets bank Renaissance.

"In other industries, I think we will see more privatisation. Over time some of these really big state entities (will see) partial privatizations."

One powerful state manager and opponent of privatisation, Russian Railways head Vladimir Yakunin, took Putin's speech as a cue to launch a media offensive to speak against privatisation.

Yakunin told local media that proceeds from the proposed sale of a 25 percent stake in Russian Railways, the country's fourth-largest company and employer of 1 million workers, would not cover huge investment commitments that needed to be met.

Former finance minister Alexei Kudrin, a strong proponent of privatisation before he was ousted by Medvedev from government last autumn, said the debate on privatisation missed the point.

"The main problem is not the state's formal ownership of business, but its informal involvement in business," said Kudrin, who remains politically active and, some analysts say, could return to government should Medvedev stumble.

"This is not the best moment for privatisation. It would be better to take other more serious measures to reduce the state's influence over the economy."

(Additional reporting by Megan Davies, Melissa Akin and Maya Dyakina; Editing by Dan Lalor)

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Green Day Dos! Album Trailer

I can't be the only one that thinks a 40 year old man writing a song with that title is a little weird Edit: Clip sounds really good though

Jesus, they can't win. First, they mature their sound and everyone wants them to go back to how they were. Now that they have gone back to non-serious lyrics, people criticize them for being too old.

Anyway, I saw this a while ago (the band put it on their Youtube account on Thursday), but I really can't wait for these albums, and especially the inevitable tour.

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Tropical Storm Debby expected to turn toward Texas

Tropical Storm Debby is already setting records; This is the first time on record that four named storms have developed in the Atlantic Basin before July 1.

As you can see in the satellite loop above,?heavy thundershowers are falling on the right side of the storm. Strong wind shear from the west has created a lop-sided storm. Hurricane Hunters flying through the storm found a closed circulation and estimated surface winds to be about 50 mph. The lowest pressure is actually on the left side of the rain shield.

You can get the latest forecast track and computer models on our website.

Data from today's Hurricane Hunter flight won't be incorporated into the forecast models until this evening. But forget the models for a moment and look at what's actually happening.?If you look closely at the satellite loop above?you'll see a counter-clockwise spin in the clouds south of Louisiana.? That's low pressure in the upper atmosphere?which I believe will pull this storm westward. The trough along the eastern seaboard is probably?too far north to pull Debby toward Florida now.?

This storm will be moving near the "loop current" in the Gulf of Mexico, as seen in shades of yellow and orange on the image below. This deep warm water could allow the storm to intensify if wind shear?aloft?weakens.

This tropical storm will be out over the Gulf of Mexico for?several more days. The surrounding weather pattern and steering currents will change day-to-day. As I always say when dealing with tropical weather systems, "The forecast will likely change."

I plan to update the Houston Weather Blog at least once a day. But you can get updates on the storm throughout the day and night if you follow me on Twitter and Facebook.? Anytime I find out something new about the storm, I'll send out a quick update on social media.??

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20 People In Econ And Finance That Need To Join Twitter ...

Twitter is an amazing source for breaking news and cutting edge commentary. We can think of at least a hundred people that everyone should already be following.?

Unfortunately, there are some key people who are obviously missing, that everyone would love to follow.

We compiled a list of 20 people that we wish would start tweeting that would add to a great community of journalists, academics, and professionals that help inform our thinking and coverage. ?

Let us know who we're missing in the comments!

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This Playstation Move Sniper Rifle Is Your You're-Still-Not-Really-A-Sniper Deal of the Day [Dealzmodo]

Ah, snipers. They get the fancy gear, the camouflage and the headlines. I do not have the patience to be a military sniper. These guys are sitting in the bushes or in a building for hours sometimes without moving a muscle. They have to have an extreme attention to detail, and I'd imagine they spend more time studying wind current than they do firing bullets. Sniping in an FPS is absolutely nothing like sniping in real life, and I hate when people think otherwise. I mean, you do have to find an isolated spot on the map, you can't give away your position or risk losing it and you constantly have to watch your back. Still, it's absolutely ridiculous to assume sniping in a game is anything like the real thing. But this Playstation Move Sniping Rifle should certainly help convince you that it is! More »

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Look, no hands! Augmented reality gets a grip

23 hrs.

Harro Ten Wolde and Tarmo Virki , Reuters

FRANKFURT/HELSINKI One day in March 2000, just days before the dot-com bubble began its journey back to earth, German engineer Thomas Alt first glimpsed the future of technology.

"Do you know augmented reality?" his boss at Volkswagen asked.

He did not.

"Neither do I, but you are about to, because this will be your project," he said, dropping a stack of papers on his desk.

For the next three years, Alt developed a technology that overlays text or graphics on real-life images and objects. The resulting hybrid can be viewed on a smartphone, tablet or PC screen, and soon - the tech geek's fantasy - through dedicated specs.

Today, 37-year-old Alt partly owns Munich-based Metaio, one of the leading companies in the rapidly growing augmented reality (AR) industry. Along with dozens of other products, Alt has created an AR manual for Audi cars.

No more leafing through a crumpled manual to find out why the aircon's blowing hot in August. Point your phone at the offending gadget, and instructions pop up on the screen.

Augmented reality has been called the eighth mass medium, after print, recordings, cinema, radio, television, Internet and mobile phones.

By reaching out to media companies, the industry, which was a collection of smartphone apps generating less than $2 million in 2010, is on the verge of becoming a real business worth perhaps $1.5 billion in 2015.

"In the early days, we were talking about visionary ideas for the future. Today we come up with business models and products," said Maarten Lens-FitzGerald, co-founder and general manager at Layar, a Dutch start-up.

Layar, whose software has been downloaded more than 20 million times, hooking 3 million active users, has the world's most used consumer AR application, a reality browser that helps find services nearby, acquiring info on anything from favorite restaurants to networking opportunities via a mobile camera.

"We are actually making money and are becoming a little boring. But that is what the industry needs right now," said Lens-FitzGerald. "We actually try to hold back on visionary ideas. We are getting out of the gimmicky stuff."

Layar's demonstration video went viral in 2009. It showed period houses as seen from a boat on Amsterdam's canals. By pointing a camera at the houses, information about which were for sale and their prices is layered on the camera image.

Not for the faint-hearted, but another eye-opener for the house hunter, SpotCrime, by Popvox, will people the scene with the stylized muggers, murderers and burglars that have graced the neighborhood, too.

Chips with virtually everything
Sector executives speaking at the Reuters Media and Technology summit said most interest for their products came from the publishing industry and e-commerce.

Sweden's Ikea, famed for its low-price flat-pack furniture, has an app that lets you point a camera at a spot in your room and overlays an image of the furniture you are thinking of buying. Assembly is still down to you.

Heavy hitters are now throwing their weight behind the concept. Qualcomm, the top wireless chip maker, has bought up AR assets and opened its platform for software developers in 2010. ARM is also adding AR features to the chips it designs.

Chipmaker Intel has invested $14 million in Layar through its venture arm and is looking to add AR features to its chips.

Intel anticipated that ways of controlling a phone without touching it, such as by voice or by gesture, would be the next big developments.

The challenge is to make money out of those features.

"We would certainly anticipate a sharp rise in service adoption, although we would suggest that, given the continued uncertainty surrounding optimal monetization models, 2015 revenues are unlikely to exceed the $1.5 billion," said Juniper Research director Windsor Holden.

Laurence Tetrel Poupart, chief operating officer at Total Immersion, one of AR's front runners, agrees.

The company has been around since 1999 and expects to double sales this year to 20 million euros, but Tetrel Poupart said the technology has a little further to go to become a reliable money-spinner.

"We would definitely like to go for the virtual trying on of clothes, but some technical issues need to be resolved," she said, adding that the company needed faster chips to make the 'virtual dressing room' take off.

"We don't want you to see whether the clothing suits you but that it actually fits. We don't want it to be a gimmick, we want to have true usage, to reduce the return rate for the e-commerce merchants."

Try before you buy
Simpler applications have found their way to consumers, and businesses are very keen to use them.

Thomas Alt's Audi manual is one example. Another is a Layar application that helps publishers more easily link print and digital content. By pointing their smartphones at a magazine, readers can get information about products featured in articles, and go on to buy them.

"At the same time, companies get loads of feedback about consumer behavior, which they can use for marketing purposes," said Alt, who has also developed a similar product for German magazine Stern, owned by Bertelsmann's Gruner + Jahr publishers.

Currently more than 10 million German magazines with AR features hit the shelves every month, including titles from publisher Axel Springer.

Companies are lining up to use the technology, said Tetrel Poupart. "But we are now in a phase that we need to discourage companies from going for another gimmick."

Total Immersion has seen strong interest in its software, which allows consumers to try on glasses without physically touching them.

There is still a long way to go before augmented reality catches up with the movies, however; it is nearly three decades since Arnold Schwarzenegger as the Terminator viewed mission-critical data and images projected on the inside of his aviator shades.

Google has launched what it has dubbed "Project Glass" to develop such features, but it is viewed as a long shot.

"Since I started, this has been the ultimate dream in the industry. I don't buy it so much," Tetrel Poupart said.

"It makes you dizzy. I think we should use augmented reality in a more simple way and use the tablet. The tablet is a key device. It is here."

Eventually she expects traditional television screens - connected to the Internet with a built-in camera - to be a significant driver for both AR and the e-commerce industry.

"You use your television set as a mirror, trying on and ordering your clothes from your home."

Buyer beware -- if the trend continues, you'll have nowhere to go to wear them.

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