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Thu, Nov 20, 2008 - 09:22 PM EST — AAPL: 80.49 (-5.80, -6.72%) | NASDAQ: 1316.12 (-70.30, -5.07%)

Apple co-founder Woz backs Internet video venture

Friday, July 27, 2007 - 06:11 PM EST

"An Internet video brainchild of three twentysomething former University of California grad students has won big backers, including Apple co-founder Steve Wozniak and Red McCombs, co-founder of Clear Channel Communications," Dane Hamilton reports for Reuters.

Hamilton reports, "The billionaire moguls are backing a tiny venture-backed company, Hotswap.com, which has ambitious plans to feed a growing demand for high-definition-like Internet video for everyday e-commerce uses, such as consumer car sales, its founders said."

"Hotswap.com emerged from graduate computer science research into digital "compression" technology that its founders say can make common digital camera movie clips mimic high-definition television on Web sites," Hamilton reports.

"'I like what they're doing. It's definitely a step forward,' said Wozniak, the Silicon Valley wunderkind who formed Apple with entrepreneur Steve Jobs in 1976. "'Woz,' as he's known, said he signed on as an adviser to the company to 'give them ideas that come into my mind,'" Hamilton reports.

Full article here.

MacDailyNews Take: "I give them ideas that come into my mind." Well, Woz, those are usually better than the ones that come out of your behind. (We kid. We rhyme. We love Woz. TGIF!)

P.S. Our all new-server setup is coming soon. Stay tuned...)

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Jul 27, 07 - 05:23 pm Comment from: Abdullah

The ideas out of Woz's behind (fuelled no doubt by Camel Milk) are probably superior to ideas out of Ballmer's mind!

Jul 27, 07 - 05:33 pm Comment from: gow

The best news of all? MDN's new server coming soon. Lord knows this site is the slowest on the 'net. But I come anyway!

Thanks for the update MDN on your future speed increases.

Jul 27, 07 - 05:48 pm Comment from: Dan Heinze

What kind of server? What upgrades. Give us the "skinny".

Jul 27, 07 - 06:06 pm Comment from: Spark

I hope the new server filters out all the ads. Also need one optimized for iPhones on the Edge, so to speak. You think this site is slow? Try waiting for a page on the Edge network! Yikes.

Jul 27, 07 - 06:20 pm Comment from: iPhone to slow? get a Palm

Comment from: Spark
"I hope the new server filters out all the ads. Also need one optimized for iPhones on the Edge, so to speak. You think this site is slow? Try waiting for a page on the Edge network! Yikes."

Gee, my Palm TX brings up this page in about 3 seconds using a 28.8 kbps telephone modem, no adds either

Jul 27, 07 - 06:30 pm Comment from: Quad Core

Just looks like crappy videos of people selling their car.

But, at least they were able to get seed money so they can pay themselves 200,000 salaries until they go bankrupt.

Jul 27, 07 - 06:45 pm Comment from: Spark

@get a Palm

For a site like MDN that no longer even shows pictures of the article subjects, I can't argue. All their ad sourcing overhead really bogs down these pages. I hate that we now have to wait for an ad to appear before reaching linked articles. Criminy, that's all this site does; link to other articles.

Jul 27, 07 - 06:47 pm Comment from: Spark

...Hell, I've got to wait on my Quad Core Mac Pro on a T1 line!

Jul 27, 07 - 10:02 pm Comment from: uphill

"The billionaire moguls are backing a tiny venture-backed company, Hotswap.com, which has ambitious plans to feed a growing demand for high-definition-like Internet video for everyday e-commerce uses, such as consumer car sales, its founders said."

Already dead.

Unless they seriously think they have the resources to outflank YouTube, Google, and everyone else vying for king of the video hill.

Bonus points for spirit, but it'll be a tough fight.

Jul 27, 07 - 11:48 pm Comment from: inside mac daily news

Hell! ive got to wait and i got a proto type mac book pro quad Xeon directly plugged into the 10 gig network the web server is on!!

man, just get rid of the ads, its like tolls. everyone hates em, no one uses em, they slow traffic down, and they are ugly.

Jul 28, 07 - 12:10 am Comment from: jerko

@anaknipedro
@SKY LARK
You guys are good people, nonetheless, reading about Woz is still the worst thing about following Apple news, that and the stupid rumors and fake product shots ... oh gowd ...

I apologize for using the word cunt, I meant cunty as in bitchy, because this is like Paris Hilton news, its some useless nonesense pass time! Ok following Apple news and not holding any Apple stock is also a waste of time, sigh (I'm comming to a sad realization here myself) ... But the * in f*ck is mainly trying to bypass any profanity filters on this website, I would use the letter "u" if not for that. And I'm not pointing my finger at anybody, just, you see, I have this anger when I see any Woz related news, hes living the millionaire lifestyle and that is about all there is to his news.

I'm LOL-ing imagining old Vicars using the c word at a tea party every two sentences.

Until the next piece of Woz news.

Jul 28, 07 - 12:56 am Comment from: Xx

Woz was. He's gone, out of the picture, affects nothing anymore. A tinkerer. Make him a Knight and forget about him once and for all.

Move on.

Jul 28, 07 - 03:23 am Comment from: NSFY

"man, just get rid of the ads, its like tolls. everyone hates em, no one uses em, they slow traffic down, and they are ugly."

You've obviously never run a (web) business.
Will you pony up a subscription fee?
Or is everything free in your fantasy world?

Jul 28, 07 - 06:39 am Comment from: Camel's Milk Drinker

Yep! Camel's Milk, the panacea for all ills!!!

Okay, about this new server....less adds, more news, more articles and the ability to SHOUT at Trolls please.

Thank you!

Jul 28, 07 - 07:47 am Comment from: Reclaimer

He needs to come back to Apple where he can do the best good instead of tinker about and piss his money and time away.

Jul 28, 07 - 10:01 am Comment from: Wade

It's "ads" you miserable illiterates! Short for advertisements. True, they usually add little.

Jul 28, 07 - 06:21 pm Comment from: PT

you should love Woz (and be more respectful): without him, you wouldn't be here doing this. In a phrase: raison d’être. Jobs might be the business acumen, but Woz was the engineering brain behind the pair. Apple could have come to exist without Jobs, but not without Woz.

Jul 29, 07 - 01:36 am Comment from: The Other Steve

Okay, that was the strangest (and least coherent) MDN take I can remember.
(We kid. We rhyme. We love MDN. TGIF!)

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Thu, Nov 20, 2008 - 09:22 PM EST — AAPL: 80.49 (-5.80, -6.72%) | NASDAQ: 1316.12 (-70.30, -5.07%)

Apple co-founder Woz backs Internet video venture

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