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With rising revenues, Lending Club CEO plans expansion (Q&A)

For Renaud Laplanche, founder and chief executive of Lending Club, things are looking up -- or more accurately, up and to the right.

That's the desirable direction that the startup's finances are heading at present. Lending Club connects investors who have money to lend with borrowers who need it, making money on fees as it goes. Of late, the value of the loans it's arranged has been increasing at 9 percent each month. In May, the San Francisco-based company funded $148 million in loans, and Laplanche expects 2013 will total $2 billion.

Laplanche, a 42-year-old born in … Read more

Order a plumber like you would an Uber car with ClubLocal

ClubLocal, a company that contracts with merchants of home services like plumbing or handyman work, wants to make sure customers waiting to have their homes fixed know exactly when the repair guy (or gal) is showing up.

The company, which expands to the San Francisco Bay Area on Thursday after testing its service in Dallas, lets customers schedule a service through its site or mobile app. When the pre-screened technician heads out for the job, users can see a photo and the credentials of the technician, and track his or her progress toward their homes. It's similar to ordering … Read more

Instagram's Systrom: We're 'not a photography company'

SAN FRANCISCO -- Instagram is not a photography company.

That message, which might shock some of the 100 million-plus people who have uploaded more than 5 billion photos to Instagram, is what co-founder Kevin Systrom made clear during a discussion tonight among him and co-founder Mike Krieger and Digg founder and Google Ventures partner Kevin Rose.

The discussion, part of the Commonwealth Club's Inforum series, was an opportunity for hundreds of Instagram fans to hear first-hand a bit of the history -- and perhaps some of the future -- of the popular photo-sharing app. Even if that's not … Read more

Google drops cash into Lending Club for minority interest

Google has dropped a significant investment into loan-pairing company Lending Club, the companies announced today.

Lending Club announced today that Google has invested in its operation to take a minority stake in the company. Lending Club didn't say exactly how much Google invested, but did say that it was part of a $125 million round of financing. Google and another investor, Foundation Capital, acquired shares from existing investors.

Since its founding in 2007, Lending Club has been growing significantly. The company facilitates loan transactions between those who need cash and those who are willing to dole it out. Lending … Read more

Making sense of the PS4 game lineup

NEW YORK--So the world didn't exactly get what it wanted out of Sony's PlayStation 4 debut tonight. There was no sight of the actual console itself and details about its specific release date and price were also nowhere to be seen.

Sony's team-up with Gaikai is sure to net some interesting ideas and implementations with cloud streaming, the sharing of game screens, remote play, and other concoctions, but the games themselves were what made the biggest impact.

Those pondering the PS4's gaming prowess were served an interesting dish. Ten or so major developers were represented in … Read more

Chinese golf resort tees off with world's largest human QR code

A gigantic QR code took form in China a couple of days ago. Mission Hills China trumpets the accomplishment with the headline, "World's Largest Golf Club & Spa Resort Creates the World's Biggest QR Code." Sounds like someone is obsessed with being the world's largest.

That headline is a little misleading, though. A Canadian corn maze turned out a 309,570-square-foot QR code last year. What Mission Hills China created is most likely the world's biggest human QR code. It certainly beat out the 1,300 people Taiwan drafted for a promotion event.

The club rounded up 2,000 employees for the massive publicity stunt. They stood in designated spots and opened red and white umbrellas above their heads. Seen from 270 feet above the ground, the formation created a scannable QR code. The code links back to an eco-tourism campaign that lets entrants sign up for a chance to win a holiday at the resort.… Read more

Why are audiophiles afraid to admit they're audiophiles?

Most audiophiles don't self identify as audiophiles. I suppose that's because audio is something of a guilty pleasure, best enjoyed solo, and that's part of the problem. Wine aficionados or guys that collect Corvettes aren't shy about their pursuits, but audiophiles have a hard time admitting they love gear.

Audiophiles are the other "one percent." We might be the only people listening -- really listening -- to music at home; the other 99 percent don't. They have music "on," in the background. To me, owning expensive gear doesn't make you … Read more

Mixing audio streams with the reference Traktor Pro for Mac

Traktor Pro for Mac is a popular and highly regarded DJ mixing app for Mac OS X. It is available from many sources, and after the 30-day trial you have to pay $229 USD to buy a license. Traktor Pro for Mac installs easily.

While the price may seem high for a DJ mixing app, Traktor Pro has long been a standard for serious professionals and amateurs alike. Traktor Pro for Mac offers a two-deck interface that lets you cue up audio from two different sources and manipulate a virtual mixer to keep a constant stream of music playing. You … Read more

Sam's Club in unintentionally hilarious Twitter exchange

If your job is to man a large company's Twitter account, it can be troubling task. It feels like you've been married to your customers for a very long time. They complain. They whine. They occasionally call you names.

Still, it's best to read what they send to you before you emit a standard reply that has been agreed by marketing, HR and a team of several cold-faced lawyers.

I mention this because of a slightly amusing exchange that crossed my Twitter feed this week. In the left corner was Sam's Club. In the right, … Read more

Violent video games and aggression: A cumulative effect?

Video games are the subject of so many studies, not to mention findings. Some suggest cognitive benefits, others behavioral issues that may or may not persist over time.

Many of these studies are small enough to require further investigation, and the journalists reporting on them often confuse correlation (when results happen in tandem) with causation (when one action is shown to result from another).

A new study out of Ohio State University suffers from a small sample size (70 participants), but its findings -- that people who play violent video games for three consecutive days show increases in aggression and hostilityRead more