Japanese video game author wins Spanish prizeJapan's Shigeru Miyamoto, considered the father of the modern video game, has been awarded Spain's Prince of Asturias Award for Communication and Humanities.
Regulators probe bank's role in Facebook IPO Regulators are examining whether Morgan Stanley, the investment bank that shepherded Facebook through its highly publicized stock offering last week, selectively informed clients of an analyst's negative report about the company before the stock started trading.
Web series touts funky concept snowboards In the summer of 2010, Signal Snowboards created the Web series "Every Third Thursday" to showcase the company's experimentation with funky concept boards. Think Science Channel’s “How It’s Made” — except with a lot more sass and a funkier setting.
New York City airports install new, expensive holograms to help you find your wayThe next time you're looking for help at Newark Liberty, JFK, or LaGuardia airport, the answer to your question might come from a friendly, beautiful woman. Just don't expect that woman to be an actual, live human. As part of … Continue reading →
Robotic fish may soon scan for pollution off the coast of SpainOne of the easiest ways to detect otherwise unseen underwater pollution in our lakes and oceans is to monitor the animal life. Sometimes subtle changes in fish population can signal a greater problem that demands immediate attention. Not content to let … Continue reading →
Donate via Tweets and Texts With GiveyThe World at Work is powered by GE. This new series highlights the people, projects and startups that are driving innovation and making the world a better place.
Why Facebook still doesn't look cheap![FILE - In this May 18, 2012 file photo provided by Facebook, Facebook founder, Chairman and CEO Mark Zuckerberg, center, rings the Nasdaq opening bell from Facebook headquarters in Menlo Park, Calif. Robert Greifeld, second from right, CEO of the Nasdaq-OMX Stock Market, Inc., said Sunday, May 20, the stock exchange is "humbly embarrassed" by its bungling of Facebook's debut. Facebook's stock was expected to start trading at 11 a.m. Friday, but didn't open until 11:32 a.m., and some investors didn't learn for hours whether their orders went through. (AP Photo/Nasdaq via Facebook, Zef Nikolla, File)](http://l3.yimg.com/bt/api/res/1.2/eMDJivgMrXzWERVqCgsYGA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/954419c44b03440e100f6a706700ad09.jpg "FILE - In this May 18, 2012 file photo provided by Facebook, Facebook founder, Chairman and CEO Mark Zuckerberg, center, rings the Nasdaq opening bell from Facebook headquarters in Menlo Park, Calif. Robert Greifeld, second from right, CEO of the Nasdaq-OMX Stock Market, Inc., said Sunday, May 20, the stock exchange is "humbly embarrassed" by its bungling of Facebook's debut. Facebook's stock was expected to start trading at 11 a.m. Friday, but didn't open until 11:32 a.m., and some investors didn't learn for hours whether their orders went through. (AP Photo/Nasdaq via Facebook, Zef Nikolla, File)") If you were thinking of picking up a few shares of Facebook last week, when it went public at a price of $38, you might be seriously tempted now that the stock has fallen $7 in two days.
Facebook looks to settle 'sponsored story' suitFacebook is close to settling a lawsuit over advertisements it calls "sponsored stories."
SAP to buy Ariba for $4.5B, extending cloud pushBusiness software maker SAP AG on Tuesday said it will buy Ariba Inc., which makes Web-based software that connects suppliers and buyers online, for about $4.51 billion.
New ad zapper has TV networks worried about salesThe maker of a new DVR that lets consumers zap away broadcast TV commercials at the touch of a button suggested Tuesday that the networks are being short-sighted in opposing the technology.
Facebook and others simplify Android game distributionIt seems everyone wants to make Android app installs easier than ever, and that especially goes for games. After Amazon revealed their Test Drive feature for trying Android games before you make a purchase, Facebook is offering more details on their plans for making Android game installs as convenient as possible. Already redirecting a user to the Google Play marketplace link when accessing a game through their mobile App Center, Facebook will also add a “Send to Mobile” button on the browser version. ...
Developments in Google's bid for Motorola MobilityHere are some key developments in Google's Inc.'s planned acquisition of Motorola Mobility Holdings Inc.:
Microsoft set to release Office for iOS and Android tablets in November BGR has learned from a reliable source that Microsoft is currently planning to release the company’s full Office suite for not only Apple’s iPad, but for Android tablets as well. The company is targeting November of this year for both launches. Additionally, our source has seen Microsoft Office running on an iPad first-hand and has said that it looks almost identical to the previous leak from The Daily a few months back, despite the fact that Microsoft flat out denied that the app was authentic. It is also plausible that Microsoft Office will be coming to the iPhone and iPod touch rather than only the iPad, as we’re told the loading screen in the app clearly said “Office for iOS” and
How the video games industry is faringA look at results from selected companies in the video games business:
Facebook told analysts to cut forecasts before IPO(Reuters) - As Facebook Inc officials traveled the country to talk up the company's $16 billion initial public offering, the social networking giant advised analysts for underwriters to reduce revenue and earnings forecasts, according to people with direct knowledge of the matter. The advice came around May 9, the day the company published an amended prospectus that included a cautionary note about how Facebook's users were increasingly using mobile devices, which generate less advertising revenue for the company. ...
News Summary: Lenovo says profit up 59 percentTHE RESULTS: Lenovo Group, the world's second-largest personal computer maker, says quarterly profit rose 59 percent on record sales.
Disney kicks off career expos for returning vets![Disney Company CEO Robert Iger, right, listens as actor, motivational speaker, former U.S. Army soldier and "Dancing With The Stars" champion J.R. Martinez, wounded in Iraq in 2003, speaks at a job fair for U.S. military veterans at Disney Studios in Burbank, Calif., Tuesday, May 22, 2012. The Walt Disney Co. kicked off a series of career expos Tuesday aimed at helping returning veterans make the transition to civilian life. (AP Photo/Reed Saxon)](http://l1.yimg.com/bt/api/res/1.2/mCHz39W488TiZJCOZ24Apg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3B4b2ZmPTUwO3B5b2ZmPTA7cT04NTt3PTEzMA--/http://media.zenfs.com/en_us/News/ap_webfeeds/7674e4af6709660e100f6a706700a297.jpg "Disney Company CEO Robert Iger, right, listens as actor, motivational speaker, former U.S. Army soldier and "Dancing With The Stars" champion J.R. Martinez, wounded in Iraq in 2003, speaks at a job fair for U.S. military veterans at Disney Studios in Burbank, Calif., Tuesday, May 22, 2012. The Walt Disney Co. kicked off a series of career expos Tuesday aimed at helping returning veterans make the transition to civilian life. (AP Photo/Reed Saxon)") The Walt Disney Co. kicked off a series of career expos Tuesday aimed at helping returning veterans make the transition to civilian life.
Japanese video game author wins Spanish prizeJapan's Shigeru Miyamoto, considered the father of the modern video game, has been awarded Spain's Prince of Asturias Award for Communication and Humanities.
Needham starts Facebook with buy, $40 price target(Reuters) - Brokerage Needham & Co started coverage on Facebook Inc with a "buy" rating, a rare positive take on the shares of the social network after they lost nearly a fifth of their value since the company's stock started trading last Friday. Facebook should be valued based on the revenue potential from total minutes spent on the website, Needham analysts said, setting a $40 price target on the stock. Facebook shares were up 4 percent at $32.35 in early trade on the Nasdaq. ...
Facebook and others simplify Android game distributionIt seems everyone wants to make Android app installs easier than ever, and that especially goes for games. After Amazon revealed their Test Drive feature for trying Android games before you make a purchase, Facebook is offering more details on their plans for making Android game installs as convenient as possible. Already redirecting a user to the Google Play marketplace link when accessing a game through their mobile App Center, Facebook will also add a “Send to Mobile” button on the browser version. ...
Sycamore Networks posts deeper fiscal 3Q lossCommunications equipment maker Sycamore Networks Inc. posted a deeper loss in its fiscal third quarter because research and development costs increased.
‘Xbox 720′ slated for November 2013 release, report claims Microsoft plans to launch its next-generation Xbox video game and home entertainment console ahead of the holidays next year, according to a recent report. The Los Angeles Times on Monday published a developer contract between Acitivision Blizzard and famed Halo developers Bungie. The firms are currently working on a new Massively Multiplayer Online franchise called Destiny, which will be a first-person shooter with a science fiction theme. While the fact that the companies currently have four titles planned for the series is exciting for gamers in itself, another tidbit may be even more titillating; the contract suggests that the first Destiny title will launch ahead of the holidays next year as an exclusive for Microsoft’s Xbox 360 and its next-generation console, which
We Should Have Known About Facebook's Shady IPO After days of stock-market failure, we find out the real deal behind Facebook's IPO preparations, which show a disconnect between institutional investors on the inside and the rest of the world on the outside. It's a disconnect we should have noticed during the media's constant roadshow coverage.
Facebook, banks sued over pre-IPO analyst calls (Reuters) - Facebook Inc and banks including Morgan Stanley were sued by the social networking leader's shareholders, who claimed the defendants hid Facebook's weakened growth forecasts ahead of its $16 billion initial public offering. The defendants, who also include Facebook Chief Executive Officer Mark Zuckerberg, were accused of concealing from investors during the IPO marketing process "a severe and pronounced reduction" in revenue growth forecasts, resulting from increased use of its app or website through mobile devices. Facebook went public last week. The lawsuit was filed in U.S. ...
Yahoo under Levinsohn seen shifting to content, advertising SAN FRANCISCO (Reuters) - With two of its most distracting conflicts resolved in the past week and a half, Yahoo Inc hopes its new interim chief executive can focus on the biggest challenge of all: turning the company into an entertainment and information destination that wins back the advertising dollars flowing elsewhere. While ousted predecessors Scott Thompson and Carol Bartz were seen as technologists, Ross Levinsohn has managed Internet efforts at such mainstream media companies as CBS and Rupert Murdoch's News Corp. ...
Ahead of the Bell: Facebook shares start climbingFacebook shares climbed Wednesday in premarket trading after its long-awaited initial public offering was followed by a two-day slide in stock price.
Boy Scouts get tech-savvy to boost membership The Boy Scouts of America is trying to recruit a new generation of kids to join its troops with high-energy, high-tech activities that include thrill-inducing zip lines at a new adventure camp, apps and a television show.
Apple’s design boss says the best is yet to come During an interview with The Telegraph published on Wednesday, Apple’s design boss Jonathan Ive said that his most impressive work at Apple has yet to come. While Apple’s late co-founder and former chief executive Steve Jobs still takes center stage when the company’s current product line is discussed, Jobs’s knack for surrounding himself with an amazing team was one of the key factors that led to Apple’s success. Among the top executives who had a hand in making Apple what it is today — the most valuable company in the world — is Jonathan Ive, senior vice president of Industrial Design at the Cupertino, California-based company. While Ive is one of the executives behind all of Apple’s biggest hits, including the
Regulators probe bank's role in Facebook IPORegulators are examining whether Morgan Stanley, the investment bank that shepherded Facebook through its highly publicized stock offering last week, selectively informed clients of an analyst's negative report about the company before the stock started trading.
Can Diet Coda make the iPad a leaner meaner business machine?If you watch a lot of television, you’d think Apple’s iPad, which accounts for 68 percent of all global tablet sales, had cornered the enterprise market. Clever product placement makes it seem like this two-year-old technology has found it way into every business from retail to national security. The truth, however, is that of the hundreds of thousands of iOS apps only a tiny percentage help foster the image of the iPad as post-PC computer. Rather, the vast majority are created for casual users looking to consume content. ...
Microsoft sees Windows 8 as ‘rebirth’ Microsoft is betting big on its upcoming Windows 8 operating system, which looks to bridge the gap between smartphones, tablets and desktop computers. Microsoft CEO Steve Ballmer on Tuesday called the operating system a “rebirth” of the Windows brand and described it as the ”deepest, broadest and most impactful” Windows software ever created, Agence France-Presse reported. “It’s really, in some senses, a dawning of the rebirth of MS Windows… It’s certainly the most important piece of work we’ve done,” he said at a forum in Seoul, South Korea, adding that an estimated 500 million users will have Windows 8 on next year. The CEO went on to promise the “best economic opportunity” for device makers and app developers who adopt the
Regulators, investors turn up heat over Facebook IPO (Reuters) - Two top U.S. financial regulators said on Tuesday the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its lead underwriter, Morgan Stanley, and the Nasdaq stock exchange. Facebook shares closed 8.9 percent lower at $31, following an 11 percent plunge on Monday. At that price the company has shed more than $19 billion in market capitalization from its $38-per-share offering price last week. ...
Ahead of the Bell: Mass layoffs looming at HPHewlett-Packard Co. is expected to announce deep cuts in its workforce Wednesday afternoon when the world's largest personal computer and printer maker is scheduled to release its latest quarterly results.
Obama Campaign Unleashes Social Campaigning ToolPresident Obama's 2008 campaign is seen by many as the first successful online campaign, and while his Republican rivals are certainly beginning to master the social side of campaigning, Obama's 2012 team is doubling down on digital with a new platform being released Wednesday.
Donate via Tweets and Texts With GiveyThe World at Work is powered by GE. This new series highlights the people, projects and startups that are driving innovation and making the world a better place.
Rovio Launches Facebook Game, 'Angry Birds Friends'Rovio announced a new social, competitive addition to the Angry Birds universe Wednesday morning.
Diablo 3 Is the Fastest-Selling PC Game in HistoryBlizzard has announced it sold more than 3.5 million copies of Diablo 3 in the first 24 hours after its release, making it the fastest selling PC game in history.
Why Your Online Checkout System Hurts Your SalesGraham Cooke is the CEO of QuBit, a technology company specializing in advanced website data collection, analysis, and optimization products. He was previously a senior product manager at Google. Follow him @thegrahamcooke.
Apple's Jonathan Ive is Now 'Sir Jonathan' to YouJonathan Ive, the London-born designer responsible for most of Apple's ultra-sleek gadgets over the past two decades, received knighthood of the United Kingdom in a formal ceremony conducted at Buckingham Palace on Wednesday.
Target and Shopkick Launch Nationwide Loyalty Gift Card ProgramTarget is expanding its partnership with Shopkick, a mobile couponing app that allows shoppers to collect and exchange points for rewards.
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