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Electronic Arts could be on the verge of closing a deal to acquire casual game creator PopCap for a sum exceeding US$1 billion, according to a report in TechCrunch. ...
With a market cap that has fallen from US$83 billion in 2008 to $13 billion currently -- an 82 percent decline -- rumors are popping up that RIM is ripe for takeover. ...
You may soon be able to get a designer Internet address -- e.g., you.yourname -- for a mere US$185,000 ...
Research In Motion released quarterly revenue estimates that were below expectations, lowered its earnings forecast, and announced it would be cutting jobs on Thursday, leading to a stock nosedive. The BlackBerry producer's shares tumbled to below US$28 on Friday -- the lowest level in nearly five years. ...
On Thursday, IBM rang the opening bell of the New York Stock Exchange in celebration of 100 years since its founding. The company evolved from a pre-World War I alliance of firms manufacturing tabulating machines and clocks into a global computer giant that helped to usher in the modern age ...
Pandora launched its initial public offering Tuesday evening, opening at US$16 per share. On Wednesday morning, the Internet radio's stock price opened at $20, then rose to $26, placing the company's value at $4.2 billion. Later on Wednesday, the price fell to $18.30. ...
Facebook is still on its way to 700 millions users, with 687 million actives at the start of June, according to a report by Inside Facebook, which provides analysis of the social networking giant. The trend in the last year shows a new-user influx from countries in the early stages of Facebook adoption, including India, Brazil and Egypt. ...
For 24 hours on Wednesday, 400-plus Internet companies including Google, Facebook and Microsoft teamed up for a large-scale production test of the next-gen Internet protocol, IPv6. Organized by the Internet Society to raise awareness of the need for a global transition to the new Internet protocol, the test enabled participants to gather data about possible glitches...
Nintendo unveiled its upcoming Wii U gaming console and controller on Tuesday at E3, and reactions have been mixed. Nintendo's stock fell 5 percent following the event -- to a level it has not seen since before the launch of the original Wii ...
Nintendo unveiled a new touchscreen controller for its upcoming Wii U gaming console at an E3 presentation Tuesday that was hosted by Nintendo legend Shigeru Miyamoto, President Satoru Iwata, and Nintendo of America President Reggie Fils-Aime. ...
On the eve of the Electronic Entertainment Expo (E3) Monday, Microsoft premiered a lineup of new games for the Xbox 360, including "Gears of War 3" and "Forza Motorsport 4." The company also debuted the trailer for "Halo 4" and unveiled the next installment of "Fable," by developer Peter Molyneux ...
Pop star Lady Gaga is joining with Google's Eric Schmidt to produce a new social media site called "Backplane," according to The New York Times. Tony Carter, Gaga's manager, is at the helm of the operation and is attracting capital from important backers. So far, the company has raised more than US$1 million from a group of investors including Tomorrow Ventures, headed by Google Chairman Eric Schmidt.
HP is trolling for partners as the computer giant attempts to build an ecosystem for webOS, the operating system it acquired last summer when it bought Palm for US$1.2 billion. CEO Leo Apotheker said that he sees webOS as a licensing opportunity. ...
Google Chairman Eric Schmidt and VP of commerce Stephanie Tilenius have announced the launch of Google Offers' beta program, which will kick off in Portland, Ore., starting on Wednesday. The very first Google Offer will be for a Portland local favorite, Floyd's Coffee. Those with coupons will pay US$3 for $10 worth of drinks. ...
Intel has unveiled details of its plans for the breed of super-thin, rapid-on, tablet-like laptops which it calls "Ultrabooks" at China's Computex Taipei 2011. ...
Google has introduced a new tool to the social networking world using one of its strong suits: Gmail. ...
Time to move over, Ballmer. Greenlight Capital President David Einhorn has reportedly called for Microsoft's CEO, Steve Ballmer, to step down. Einhorn spoke on the subject Wednesday at the Ira Sohn Investment Conference in New York City. ...
Social media game maker Zynga is reading itself to file for an initial public offering (IPO), according to a report in All Things Digital. The filing with the Securities and Exchange Commission could come as soon as this week, or next week at the latest, according to the report's sources. The rumor mill is running hot for social media IPOs, especially since LinkedIn's stock price more than doubled with its explosive IPO on May 19...
The breach of Sony's PlayStation Network will cost the company at least US$171 million according to the company's preliminary financial forecast released on Monday -- the latest predictions for its fiscal year ending March 2012. ...
Mobile-connected devices allow users to browse where desktop computers can't go, thus increasing the amount of online connectivity for many consumers. This could make a major difference in how marketers choose to reach consumers online ...
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Courts, Regulators Pose Threat To Apple Services Revenue in 2024
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