Friday, July 20, 2012

IPO market heats up after Facebook freeze

IPO market heats up after Facebook freeze


IPO market heats up after Facebook freeze

Posted: 20 Jul 2012 02:37 PM PDT

Investors showed their appetite for freshly public technology stocks on Friday, but a decidedly old-school company — Fender Instruments — bowed out of its planned initial public offering citing market conditions.

Twitter Olympics: Beware the distractions

Posted: 20 Jul 2012 11:55 AM PDT

A swimmer trains at the Aquatics Centre at the Olympic Park in London, Friday, July 20, 2012. Opening ceremonies for the 2012 London Olympics will be held Friday, July 27. ((AP Photo/Ben Curtis)Hello (at)Twitter world!!! I'm at (hash)Olympics. Shd be training not tweeting ... LOL


Watch a 3,000-foot-wide asteroid hurtle near Earth online

Posted: 20 Jul 2012 03:17 PM PDT

An asteroid the length of roughly eight-and-a-half football fields will hurtle past Earth — or so we hope — on Sunday, July 22. But even though the 3,000-foot-wide asteroid is huge, you won't be able to see it with the naked eye. … Continue reading →

Possible source of half of all web spam meets its end

Posted: 20 Jul 2012 03:13 PM PDT

Spam affects all of our daily web activities, whether we choose to ignore it or not. Junk mail, fake chat messages, and malicious websites are just a few of the potholes that dot the information superhighway. Insidious internet software is … Continue reading →

Man Finds Long-Lost Son, Ex-Wife via Facebook

Posted: 20 Jul 2012 02:20 PM PDT

Man Finds Long-Lost Son, Ex-Wife via FacebookIt took 21 years and the invention of the world's largest social network for a family parted for two decades to reunite.


DirecTV, Viacom fight to draw in channel punch-out

Posted: 20 Jul 2012 05:02 PM PDT

Viacom and DirecTV fought a bruising bout over fees to a draw Friday and agreed to a long-term deal that ended a 10-day channel blackout.

App detects potholes, alerts Boston city officials

Posted: 20 Jul 2012 12:07 AM PDT

In this Thursday, July 19, 2012 photo Boston Public Works worker Tyrone Odom, of Boston, fills a pothole with asphalt in Boston's Charlestown neighborhood. Boston officials hope a new smartphone application could eventually eliminate the need to send out trucks to survey the hundreds of miles of roadways to figure out the locations of potholes. (AP Photo/Steven Senne)The next time your car hits a pothole, a new technology could help you immediately tell someone who can do something about it.


Is Google’s acquisition of Sparrow a good thing for iOS users?

Posted: 20 Jul 2012 02:46 PM PDT

Sparrow, one of our favorite email app clients for iOS devices, is now the property of Google.

New Amazon deal brings Fringe, The West Wing and more to Prime Instant Video

Posted: 20 Jul 2012 05:30 PM PDT

New Amazon deal brings Fringe, The West Wing and more to Prime Instant VideoAmazon (AMZN) on Friday announced a new partnership with Warner Brothers (TWX) that will bring new content to its Prime Instant Video library. The new licensing agreement adds shows such as The West Wing and Fringe to the retail giant's popular streaming service. "Since launching Prime Instant Video, we've continued to expand both the quantity and quality of video content for our Prime members," said Brad Beale, director of digital video content acquisition for Amazon. "Bringing Fringe and The West Wing – two shows with a devoted fan base – to Prime Instant Video first, is another way for us to add value for Prime members and to continue to give customers content they love." Amazon's Prime service is available


DirecTV, Viacom fight to draw in channel punch-out

Posted: 20 Jul 2012 05:02 PM PDT

Viacom and DirecTV fought a bruising bout over fees to a draw Friday and agreed to a long-term deal that ended a 10-day channel blackout.

ASUS confirms Jelly Bean is headed to Transformer tablets

Posted: 20 Jul 2012 04:45 PM PDT

ASUS confirms Jelly Bean is headed to Transformer tabletsShortly after HTC (2498) confirmed that its smartphones would receive an update to Jelly Bean, ASUS (2357) announced that an Android 4.1 update will be coming to its various tablets. The company's Transformer Pad, Transformer Prime and Transformer Pad Infinity tablets are all scheduled to receive an update to Jelly Bean "in the coming months." Owners of the original Transformer and Transformer Slide will not have access to the new OS at that time. ASUS does note, however, that it's "still investigating Jelly Bean updates for other devices, but we are not in a position to confirm whether any other products will be eligible for an update at the moment." ASUS's press release follows below. Dear valued ASUS customer, At


Facebook acquires mobile app maker Acrylic

Posted: 20 Jul 2012 04:39 PM PDT

Facebook buys Canadian startup AcrylicThe engineer behind Canadian startup Acrylic said Friday that he was closing up his one-man shop and joining the design team at leading social network Facebook.


Nasdaq ups ante in Facebook reimbursement plan

Posted: 20 Jul 2012 04:28 PM PDT

The Nasdaq stock exchange is chipping in more money to reimburse investment firms that lost money when online social network Facebook went public in May because computer glitches delayed their trading orders.

Foxconn looks for a board seat at Sharp as Apple HDTV nears

Posted: 20 Jul 2012 04:10 PM PDT

Foxconn looks for a board seat at Sharp as Apple HDTV nearsManufacturing heavyweight Foxconn (2354) is reportedly interested in acquiring board seats at Sharp Electronics (6753), DigiTimes reported on Friday. The company received three non-executive board seats at Sharp Display earlier this month after it acquired a 46.48% stake in the company, equivalent to 1.32 million shares. In response to reports that it was seeking a board seat at Sharp Display's parent company, Foxconn reportedly said that "the company's focus in cooperating with Sharp is to help complement each's weakness to allow each side to achieve maximum benefits." The company did say "a board seat is not really the main focus of Foxconn," however, adding that it's "hoping to have more substantial influence to help Sharp improve its management and sales


Judge: Kleiner must fight lawsuit in open court

Posted: 20 Jul 2012 03:36 PM PDT

FILE - In this April 4, 2006 file photo, venture capitalist John Doerr poses for a portrait with partner Ellen Pao outside of their office in Menlo Park, Calif. San Francisco Superior Court Judge Harold Kahn has scheduled a hearing Friday, July 20, 2012 to consider the firm Kleiner, Perkins, Caulfied & Byers' request to move Pao's sexual harassment lawsuit from court to arbitration, which are usually litigated confidentially. Pao filed a lawsuit in May alleging senior partners ignored her complaints that a spurned romantic interest at the firm was harassing her. (AP Photo/Marcio Jose Sanchez, File)One of Silicon Valley's oldest venture capital firms must fight a gender bias and retaliation lawsuit in open court, a judge ruled Friday.


Yahoo’s $100M woman sends first memo to troops

Posted: 20 Jul 2012 03:35 PM PDT

Yahoo's $100M woman sends first memo to troopsA recent filing with the United States Securities and Exchange Commission reveals that newly appointed Yahoo (YHOO) CEO Marissa Mayer will potentially earn $100 million over the next five years. The sum is undoubtedly huge, but the tasks that lie ahead for Yahoo's new chief are daunting at best. Now that Mayer has taken the reins, the world — or, perhaps more accurately, Yahoo employees and investors — waits with bated breath to see what sweeping changes might come under Mayer's rule. The answer, for the time being, is none. "Please do not stop. You are doing important work. Please don't stop," Mayer told Yahoos in a memo obtained by All Things D. "If you have questions or concerns about


News Summary: App detects potholes, alerts city

Posted: 20 Jul 2012 03:06 PM PDT

In this Thursday, July 19, 2012 photo Boston Public Works worker Tyrone Odom, of Boston, fills a pothole with asphalt in Boston's Charlestown neighborhood. Boston officials hope a new smartphone application could eventually eliminate the need to send out trucks to survey the hundreds of miles of roadways to figure out the locations of potholes. (AP Photo/Steven Senne)THE PROMISE: The next time your car hits a pothole, a new technology could help you immediately tell someone who can do something about it.


Samsung set to take the first step toward flexible smartphones this year

Posted: 20 Jul 2012 03:00 PM PDT

Samsung set to take the first step toward flexible smartphones this yearAccording to a report from Korean language news site DDaily, Samsung (005930KS) will begin producing flexible AMOLED displays this quarter. The panels are said to be less than half as thick as current-generation panels, measuring just 0.6 millimeters compared to 1.8 millimeters. The publication notes, however, that the initial displays will be protected by inflexible glass rather than a flexible plastic layer needed for use in a flexible device. Samsung is reportedly planning to release a device with an ultra-thin flexible AMOLED display by the end of the year, and is looking to begin mass production of truly flexible displays by 2014. Read


Nexus 7 Selling Out, Dousing Kindle Fire

Posted: 20 Jul 2012 02:45 PM PDT

Google recently unveiled its Nexus 7 tablet, a device made in partnership with Asus which closely resembles Amazon's Kindle Fire tablet. The biggest difference? Instead of a slow, customized version of Android 2.3 "Gingerbread," it runs the perky new Android 4.1 "Jelly Bean." And instead of being tied in to Amazon's "Appstore" and services like Cloud Drive, it uses the Google Play store and Google's proprietary (not open-source like the rest of Android) apps.

IPO market heats up after Facebook freeze

Posted: 20 Jul 2012 02:37 PM PDT

Investors showed their appetite for freshly public technology stocks on Friday, but a decidedly old-school company — Fender Instruments — bowed out of its planned initial public offering citing market conditions.

News Summary: New iPad goes on sale in China

Posted: 20 Jul 2012 02:36 PM PDT

The first customer, Sun Xufei, a 32-year-old software engineer, holds up a box containing Apple's iPad he purchased after an Apple Store started selling its new tablet computers Friday, July 20, 2012 in Shanghai, China. (AP Photo/Eugene Hoshiko)THE DEBUT: Apple released its newest iPad in China on Friday. To control crowds, buyers had to place orders in advance.


A look at how some IPO stocks have fared

Posted: 20 Jul 2012 02:29 PM PDT

Facebook's public debut was the most anticipated tech IPO since Google went public in August 2004. But the stock has lost much of its value since it began trading in mid-May.

University of Kentucky Football Tweets Become Billboards [VIDEO]

Posted: 20 Jul 2012 02:27 PM PDT

The is known for its successful sports program, most notably the basketball and football teams. Now the football program has launched , a crowdsourced initiative that places tweets on billboards and puts fans in the official poster.

Judge denies Samsung’s appeal, Galaxy Tab ban stands

Posted: 20 Jul 2012 02:25 PM PDT

Judge denies Samsung's appeal, Galaxy Tab ban standsA United States Court of Appeals on Friday denied Samsung's (005930KS) second attempt to stop its Galaxy Tab 10.1 tablet from being banned, The Register reported. The court upheld District Judge Lucy Koh's injunction against the device, which was found to be infringing on Apple (AAPL) IP. Along with its decision to not stay the injunction on the Galaxy Tab, the court also refused the South Korean company's request to speed up the appeal process. "Samsung may of course significantly self-expedite the case by filing its own brief early. Samsung, however, has not shown that the time for Apple to file its brief should be shortened," the court said in its ruling. The only way for Samsung to get the ban lifted is


Man Finds Long-Lost Son, Ex-Wife via Facebook

Posted: 20 Jul 2012 02:20 PM PDT

Man Finds Long-Lost Son, Ex-Wife via FacebookIt took 21 years and the invention of the world's largest social network for a family parted for two decades to reunite.


Users slam boutique tweet on Batman shooting

Posted: 20 Jul 2012 02:09 PM PDT

An online clothing boutique which used a Twitter message to apparently capitalize on Friday's shooting rampageAn online clothing boutique that used a Twitter message that seemed to try to capitalize on Friday's shooting rampage generated an avalanche of criticism on the social network.


This Week's Social Media Power Rankings: Long Live Hello Kitty

Posted: 20 Jul 2012 01:56 PM PDT

This Week's Social Media Power Rankings: Long Live Hello KittyThe social media sphere is an increasingly noisy place, especially for brands. But hiding somewhere in the static are strong signals from companies reaching their customers in innovative ways. The Social Business Index from Dachis Group provides a (free) real-time ranking of more than 30,000 global brands based on their social performance. Every week we're taking a tally of who's getting heard, what they're saying, and why it matters.


Google grabs startup devoted to Apple gadget email

Posted: 20 Jul 2012 01:53 PM PDT

A French startup behind email applications for Apple gadgets has been bought by GoogleA French startup behind email applications for Apple gadgets has been bought by Google as the Internet titan increasingly tailors hit software to run on its rival's hardware.


River Network Found on Saturn's Largest Moon; Windows That Absorb Solar Power

Posted: 20 Jul 2012 01:49 PM PDT

River Network Found on Saturn's Largest Moon; Windows That Absorb Solar PowerDiscovered: Titan shows marks of a river network; a potential black hole in the heart of the Milky Way; poverty can cause mothers to develop anxiety; windows that generate electricity. 


Facebook stock falls 6 percent for the week

Posted: 20 Jul 2012 01:48 PM PDT

Facebook's stock has finished the week down more than 6 percent.

Prices of Facebook stock since long-awaited IPO

Posted: 20 Jul 2012 01:45 PM PDT

FILE - In this Friday, May 18, 2012 file photo, electronic screens show the price of Facebook shares after they began trading in New York. A flood of analyst reports from the banks that led Facebook's initial public offering gave the company's stock a mix of "Neutral" and "Buy" ratings on Wednesday, June 27, 2012 The day marks the end of a 40-day quiet period following the IPO, during which the underwriters aren't allowed to issue ratings. (AP Photo/Richard Drew)Facebook's stock fell again on Friday.


Weekly changes in Facebook stock prices

Posted: 20 Jul 2012 01:44 PM PDT

On its first day of trading, Facebook Inc.'s stock closed barely above its public offering price. It gained 23 cents, or 0.6 percent, to close at $38.23. Since then, the stock price fell for six weeks and increased for three. It fell more than 6 percent this week.

Is the Tech IPO Back, or Just Back for Some?

Posted: 20 Jul 2012 01:40 PM PDT

Is the Tech IPO Back, or Just Back for Some?Both Kayak.com, an online travel booking site, and Palo Alto Networks, a network security company, made their market debuts this morning, the first tech IPOs since Facebook's abysmal debut. Their performances don't look anything like Facebook's. That may be a good thing for these companies, but not necessarily for the social media bubble. Kayak had an initial 28.2 percent pop, with the stock trading up $7.32 from its initial $26 offer price. Palo Alto is also trading up about 30 percent from its debut, giving it a pop, too. ...


Third time is the charm? Microsoft’s Windows Phone 8 reportedly launches in November

Posted: 20 Jul 2012 01:40 PM PDT

Third time is the charm? Microsoft's Windows Phone 8 reportedly launches in NovemberMicrosoft (MSFT) previously announced that its third major Windows Phone release would be coming this fall, though the Redmond-based company did not give specific dates. According to a source speaking to ZDNet, however, the software giant will release the RTM build of Windows Phone 8 in September and new devices will launch this November, just in time for the holiday season. The publication also notes that Microsoft's Office 2013 productivity suite is scheduled to be available in February of 2013. Earlier this week, Microsoft revealed that its Windows 8 operating system, which is designed for both personal computers and tablets, is scheduled to launch on October 26th. Read


News Summary: Venture funding falls 12 pct in 2Q

Posted: 20 Jul 2012 01:34 PM PDT

FEWER DEALS, LESS MONEY: Startup investments slipped to $7 billion in the second quarter, down 12 percent from $8 billion in the same period a year earlier according to a report Friday. There were 898 deals completed during the quarter, down from 1,057 a year earlier.

James Holmes: Colorado Shooting Suspect Had Few Digital Fingerprints

Posted: 20 Jul 2012 01:33 PM PDT

Aurora 'Dark Knight' Suspect James Holmes Said He 'Was the Joker': CopsThe Alleged Shooter at the Colorado Movie Theater has Left No Digital Traces.


12 Small Touches That Will Make 'Borderlands 2' a Big Hit

Posted: 20 Jul 2012 01:25 PM PDT

1. The Stash Is Persistent

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