Category: News (Page 51 of 130)

Google drops $100 million in Zynga

Zynga.Everyone knows Farmville as a Facebook phenomenon, but the people at Zynga are getting to know it as a cash cow. The Facebook game has gotten so much attention that Google has decided to invest more than $100 million in Zynga, supposedly in preparation for the launch of Google Games.

Can Zynga really stand as the cornerstone for Google’s Games operation? Absolutely. The company is projected at $350 million in revenue for the first half of 2010, half of which is actual operating profit. Total profit for 2011 is expected to be over a billion dollars. A billion, people. With a “b.”

Here’s TechCrunch on why Zynga is so important for Google:

Zynga continues to work on high level strategic business development deals. The reason these deals are so attractive to companies like Yahoo and now Google is this – Zynga allows them to rebuild the massive social graph, currently controlled by Facebook. For whatever reason people love to play these games and get passionately addicted to them, coming back day after day. That’s helped Facebook become what it is today. Google, Yahoo and others want some of that magic to rub off on them, too.

Who knew a silly social game could make such a huge impact.

Avatar returns to IMAX 3D in August

Avatar eye.

If you missed Avatar on the first go round (James Cameron’s version, not M. Night’s), you’re in luck. Cameron’s record-setting blockbuster is returning to the IMAX 3D screen starting August 27th and will play for two weeks.

This version of the film will include an additional eight minutes of footage to entice the folks who have already seen the movie into a second viewing. Personally I’d see it again either way. While the story wasn’t great, watching that movie was a little window into a fascinating future. If only the second round of Star Wars movies did that.

Convicted filesharing grad student has penalty reduced by 90 percent

Anti-RIAAYou may remember the story of a grad student last summer who, after a bout with the RIAA, was served a $670,000 fine for illegally downloading 30 songs. A judge ruled this past week to reduce that penalty by 90 percent, all the way down to $67,000. Unfortunately, the student says, that fine is just as unpayable as the first.

The judge did say the new fine was still “severe, even harsh,” to which the RIAA gave its usual “profound economic and artistic harm” defense. Regardless of where you stand on the moral points of the story, I think it’s fair to say that making a spectacle of one individual to scare off the masses isn’t the best use of our judicial system. Piracy is still a huge deal, but when I see the lifestyle most musicians lead, I’m less inclined to give a shit when they get ripped off a couple times. We’ve heard time and time again that tours are where artists can really make some money.

For the RIAA, here’s a thought: find a new way to monetize your options. There are, I dunno, a billion ways you can make cash that won’t piss off the people who love the music you supposedly protect. Find a way to work the free market. Create a convenient and comprehensive streaming service. Do something, anything but cry foul when the internet finds a way to distribute media for free. It will happen for the rest of your lives. Get around it.

First iPhone 4 class action suit surfaces

iPhone 4 antenna.A class action suit has been filed against Apple and AT&T for, you guessed it, the antenna issue.

More specifically, the suit claims the following on the part of the designated companies:
• General Negligence (APPLE and AT&T)
• Defect in Design, Manufacture, and Assembly (APPLE)
• Breach of Express Warranty (APPLE)
• Breach of Implied Warranty for Merchantability (APPLE and AT&T)
• Breach of Implied Warranty of Fitness for a Particular Purpose (APPLE and AT&T)
• Deceptive Trade Practices (APPLE and AT&T)
• Intentional Misrepresentation (APPLE and AT&T)
• Negligent Misrepresentation (APPLE and AT&T)
• Fraud by Concealment (APPLE and AT&T)

Quite the list of infractions, don’t you think? While I agree that there shouldn’t be such widespread incidence of this problem, I don’t think it’s out of the question to ask people to hold the phone a bit differently. Maybe that’s just me.

Also, am I the only person not having this problem?

Read the full brief over at Gizmodo.

The Kin is already dead

Kin.It took just two months for Microsoft to launch and subsequently kill off yet another mobile platform. The Kin is dead, people. Move along.

Here’s the official word:

We have made the decision to focus exclusively on Windows Phone 7 and we will not ship KIN in Europe this fall as planned. Additionally, we are integrating our KIN team with the Windows Phone 7 team, incorporating valuable ideas and technologies from KIN into future Windows Phone releases. We will continue to work with Verizon in the U.S. to sell current KIN phones.

The Kin wasn’t selling well and it didn’t sound like there was much development going on for the platform. Add in a data plan requirement from Verizon and you have a recipe for a failed device. How long before Microsoft bows out of mobile all together?

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