May 26th, 2010 @ BAFTA, London
ME presents the Monetising Mobile conference - putting the focus on how to make actual money from the apps revolution.
Director of Engineering
Competitive Package
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Tapatap wants a government bailout for the content biz. It reckons $50 million should cover it
In an archly written press release, the social media firm appealed for support on the basis that its home town of San Mateo is home to over 15 mobile entertainment companies and that the cash would shore up the local economy.
“It’s pertinent for the global economy to keep Tapatap and other mobile entertainment companies in business. We think $50 million is the right number to ask congress to approve from the TARP or other bailout fund sources for the industry,” said Isaac Babbs, CEO of Tapatap.
“Besides if executives from the big three automotive companies no longer have games to play on their mobile devices, what will they do during their executive meetings or their long drives to Washington?“
Tapatap is a mobile social games community where users can make friends and play games for fun and rewards.
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You do know that this was a joke press release right? Did you see the disclaimer:
"None of the above is true. This press release was released to show that every industry in this country is going through a challenging time right now and needs support. As we did post dot-bomb crash of 2001 with no federal support, Silicon Valley will continue to show its resilience by changing the future of interactive entertainment through innovation. In the mean time, please support Tapatap by using our product, playing our games, and buying tokens at m.tapatap.com on your mobile phone browser!"
