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How One Start-Up Is Taking on Google

By: Justin Menza |

Spreecast is the early-stage social video platform looking to take on Google. On CNBC's "Squawk on the Street," founder and CEO Jeff Fluhr said "Spreecast is the social video platform that brings people together for face-to-face conversation."

But where Google's Google+ Hangouts, where up to nine people can video chat at a time, are only for use within the Google social media platform, Spreecast is cross-platform.

"We integrate with Facebook, we integrate with Twitter, we integrate with Google+, with Linkedin ," Fluhr said "So we make it really easy to invite your friends from all social networks to participate in a Spreecast." Read More.




Limits on Annuities Annoy Investors

 

By: Paul Sullivan, The New York Times |

Annuities are sold with the word "guaranteed" sprinkled through the marketing material. A set payment for life seems mighty attractive when many people are worried about having enough income in retirement and interest rates on savings and Treasury bonds are almost nonexistent.

Indeed, a report released this week from the Insured Retirement Institute said one of the top reasons people were buying annuities was guaranteed income. (The others were that their adviser recommended it and that the assets in an annuity grow tax-free.) Read more.



Facebook Is Still #1 for Teens, But Watch Out for

Twitter! Says Munster

Facebook (FB) is still the most important social network for U.S. teens, but watch out, Twitter is quickly gaining share according to Piper Jaffray's semi-annual teen survey. Among U.S. teens, 33% rank Facebook number one, with Twitter coming in a close second place with 30%. Most notable is the change from the previous Fall 2012 survey showing Facebook at 42% and Twitter at 27%. Instagram rounded out the top three with 17%, compared to 12% in the Fall. Read More.