Jack Dorsey Retreats From Operational Role At Twitter To Focus On Square
Twitter co-founder Jack Dorsey explained in a personal blog post that he now only works at the social media company one day a week, making him the last of the three co-founders to step away from its daily operations.
'Humble eBook Bundle': Humble Bundle Steps Into Book Publishing After Successful Humble Indie Bundle 6 Release
Humble Indie Bundle announced on Tuesday its first set of eBooks to be sold and distributed the same way multiplatform, DRM-free way as it sells music and video games.
Laurence Toney: Zynga Loses Poker GM Despite Renewed Focus On Online Gambling
Adding to a long line of high profile corporate departures, Zynga Inc. (Nasdaq: ZNGA) has now Laurence Toney, general manager of Zynga Poker, one the company’s oldest and most successful products.
Facebook 'Collections': Zuckerberg And Co. Introduce Pinterest-Style Feature To Increase E-Commerce Opportunities
Facebook Inc. (Nasdaq: FB) introduced “Collections” on Monday, another new feature to augment sponsored and branded content on its popular social network.
'GREE Loves Indies:' Facebook And Zynga Rival Swoops In On Competition By Claiming Stake In Indie Market
GREE Inc. (TYO: 3632), the Japanese social gaming giant bent on global domination, continued its Western expansion over the weekend with another round of partnerships and a new production platform unveiled Monday.
YouTube Expands In Europe With 60 New 'Channels': How Google Aims To Secure Advertising Revenue Against Mounting Competition
Google Inc's (Nasdaq: GOOG) YouTube unit will expand the channel experiment begun last year with around 60 new channels launching across Europe.
Ruckus Wireless Files For $100 Million IPO
Ruckus Wireless Inc., the privately-held tech company that has created some of the world’s largest WiFi networks revealed its plans to go public on Friday by submitting an SEC filing for a $100 million initial public offering (IPO).
Zynga (ZNGA) Shares Hit Record Low Following Forecast Cut
Zynga (Nasdaq: ZNGA) shares hit a new low Fri following a preliminary third quarter earnings report that warned of future cuts and continued losses for the struggling social game developer.
Sony Halts Xperia Tablet Sales, Reports Manufacturing Defects
Sony Corp. (NYSE: SNE) is halting sales of its new Xperia tablet after discovering a manufacturing defect that makes the device susceptible to water damage.
Zynga (ZNGA) Stock Plummets After Cutting Outlook, Mark Pincus Hints At Deeper Cuts
After a short-lived recovery, Zynga (Nasdaq: ZNGA) shares fell below $3 again following a preliminary third quarter earnings report that warned of future cuts and continued losses for the struggling social game developer.
Barnes & Noble And Microsoft Finalize Partnership To Create Nook Media
Barnes & Noble Inc. (NYSE: BKS) and Microsoft Corp. (Nasdaq: MSFT) have finalized a strategic partnership to create Nook Media.
Facebook Hits One Billion Users: Mark Zuckerberg Celebrates With A Facebook Post
Facebook hit its long awaited milestone of one billion active users on Thursday amid continuing efforts to secure more persuasive revenue streams than investors see today in the struggling social media giant.
Google’s Motorola Drops ITC Patent Infringement Complaint Against Apple
Google withdrew a complaint against Apple little more than a month after originally charging them with copyright infringement.
TripAdvisor Buys Travel Site Wanderfly To Enhance Social Offerings
TripAdvisor, the world’s largest travel website, acquired Wanderfly to expand its social networking features beyond those offered by its current presence on Facebook.
With Agawi’s New Game Partner Program For Windows 8, Microsoft Bets Big On Cloud Gaming
Agawi is inviting game developers to submit content with its new Windows 8 app, solidifying Microsoft’s move into cloud-based gaming.
Braintree Introduces Instant Approval For Online And Mobile Payments
Braintree is rolling out a new feature as part of its effort to rebrand its mobile payments system into a one-stop shop that will scale alongside the companies that use it.
Sony Playstation 3 Sales Increase By 138% In The UK Thanks To New ‘Super Slim’ Model
In a rare moment of good news, Sony Corp. (NYSE: SNE) saw a jump in sales for its Playstation 3 console with the release of a new ‘super-slim’ model.
Sony Corp. (NYSE:SNE) To Buy Minority Stake In Olympus Corp. (TYO:7733)
Sony Corp. (NYSE:SNE) is paying $645 million to buy a large minority stake in rival Japanese tech company Olympus Corp. (TYO: 7733).
Microsoft's Bing Partners With Klout In Its Mission To Take On Google
Microsoft’s (Nasdaq:MSFT) search engine Bing and Klout are forming a strategic partnership that will allow the tech giant to invest in the new social media company and in turn feature Klout scores within Bing search results, the companies announced Thursday.
Valve Software Reported In Buyout Talks With Nexon and NCsoft
Valve, the fiercely independent and eccentric Seattle-based game development studio that’s created some of the most celebrated brands in PC gaming including “Half Life” and the Steam platform, is facing another round of buyout reports, this time from the massively successful Korean video game giant Nexon (TYO:3659).
Tempur-Pedic International Inc. (NYSE:TPX) Paying $228.6M For Rival Sealy Corporation (NYSE:ZZ)
Tempur-Pedic International Inc. (NYSE: TPX) will buy rival Sealy Corp. (NYSE: ZZ) for $228.6 million to create a "2.7 billion global bedding provider," Tempur-Pedic said.
Sony 'Day 1 Digital' Program Offers Cheaper Downloadable Games
In its quest to extend the life-span of its current-generation hardware, Sony Corp. (NSYE: SNE) has announced a new u “Day 1 Digital” program to offer competitive pricing for digital sales of new releases. The plan is part of a unique strategy Sony is deploying in the hopes it will keep the console gaming giant's products competitively priced well into the next generation of hardware.
Cable Companies Prepare For A Run At The Video Game Market [REPORT]
Less than a week after Microsoft Inc. (Nasdaq: MSFT) announced a bold new plan to wade into television-style content creation, a group of high-profile American cable companies including AT&T Inc. (NYSE: T), Verizon Communications Inc. (NYSE: VZ), and Time Warner Cable (NYSE: TWX) are now preparing themselves to challenge video game consoles on their own turf.
Facebook Raises Privacy Concerns With Datalogix Partnership
Facebook is making a controversial move to optimize its advertising revenue by stepping further into comprehensive data monitoring.
Facebook Introduces 'Frictionless' Mobile Payments With Bango
Facebook Inc. (Nasdaq: FB) is joining other major tech and e-commerce companies like Apple, Inc. (Nasdaq: AAPL) and eBay Inc. (Nasdaq: EBAY) in the run to revolutionize mobile payments for a new generation of smartphone-friendly users. Adding to its recent unveiling of a new-and-improved advertising system, the struggling tech company announced a streamlined mobile payment system that it hopes will help monetize a greater percentage of its user-base.
Electronic Arts Shutters PopCap Games' Dublin Studio, Lays Off 96 Workers
Little more than a month after reports surfaced of a potential shutdown of its international studios, Electronic Arts Inc. (Nasdaq: EA) has confirmed that it is closing down operations of its PopCap Dublin studio. The news comes less than a week after EA announced it will create 300 jobs though an expansion in its customer service center in Galway, Ireland.
Amazon’s Jon Jenkins Moves To Pinterest To Head Engineering
Pinterest, one of Silicon Valley’s youngest and most recent rising stars of social media, is recruiting Jon Jenkins as head of its engineering operations.
Zynga Loses Chief Security Officer Nils Puhlmann, Bringing Total Executive Departures To 12 In Less Than Two Months
Just days after Zynga lost its chief revenue officer Wilson Kriegel, the former guru of OMGPOP's “Draw Something,” reports have surfaced that the San Francisco-based social game developer is losing yet another executive. This time, it's chief security officer Nils Puhlmann. The latest resignation brings the total number of C-level executive departures from the struggling game developer to 12 in the two months since its weak quarterly earnings report sent the company into disarray in July.
iOS 6's Passbook Embraced By StubHub, Ticketmaster, Starbucks: Will Apple’s New App Surpass NFC As The Standard For Mobile Payments?
Shortly after Apple's launch of iOS 6 on Wednesday, developers are already flocking to the new operating system's organized mobile payments storage application, Passbook. With major online ticket retailers and services like StubHub, Ticketmaster, and Fandango all jumping on the Passbook bandwagon, Apple may have gained an early lead in the mobile payment marketplace even as new enterprising operations like Square and eBay try their hands at integrating credit card transactions with smartphones and mobile devices.