Company
Microsoft Exec who led Yahoo Bid leaving Company
By Daisuke Wakabayashi
SEATTLE (Reuters) - Microsoft Corp said on Wednesday that Kevin Johnson, who as
president of Microsoft's largest business division spearheaded the company's
pursuit of Yahoo Inc , is leaving the software maker.
Microsoft will undergo a reorganization, splitting the division that Johnson
runs -- platforms and services -- into two groups, one focusing on the Windows
operating system and the other on search and other online services.
Johnson's departure is the latest hurdle to a possible transaction between Yahoo
and Microsoft, a few days after the Web company and investor Carl Icahn settled
a looming proxy fight to force Yahoo to strike a deal with Microsoft.
Read more
Posted on Wed, 23 Jul 2008 23:18:47 CDT | by Luigi Lugmayr
Walt Mossberg’s Reviews Can Make a Company Gain or Lose Millions in Profits
Joseph Johnson, an assistant professor at the University of Miami School of Business Administration has conducted a study that looks at the effect a good or bad review of an electronic item or gadget from Walt Mossberg of The Wall Street Journal has on a company.
According to the study there is a direct correlation between a company’s stock gains or losses and reviews of its products by Mossberg. According to the study is Mossberg gives an item a good review the company stock sees average gains of $500 million. If Mossberg gives an item a bad review the company stock loses an average of $200 million. Read more
Posted on Thu, 3 Jul 2008 11:29:23 CDT | by Shane McGlaun
Microsoft to buy Portuguese mobile Software Company
LISBON (Reuters) - Microsoft has agreed to buy Portuguese mobile software
company MobiComp in the U.S. software giant's biggest ever investment in
Portugal, Microsoft's chief in Portugal said on Thursday.
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Posted on Thu, 26 Jun 2008 08:22:32 CDT | by Luigi Lugmayr
Battlefield: Bad Company Ships
EA announced this week that Battlefield: Bad Company has shipped to retail stores. The game is set to sell starting June 25th in America and June 27th in Europe. The game centers on “B” company who are more interested in financial gain than following the rules.
EA sys the game centers on a deep single player campaign with dark humor, intense combat, and deafening destruction. Players take on the role of Preston Marlowe who gets stuck in the company with the highest mortality rate. Players search for treasure with different vehicles and using different weapons. The popular conquest mode will be available as a free download later this summer. The title will ship for PS3 and Xbox with no word on a PC version. Read more
Posted on Tue, 24 Jun 2008 13:12:23 CDT | by Shane McGlaun
EA Announces Battlefield: Bad Company Demos
The Battlefield franchise from EA are some of the most popular shooters to ever grace a console or the PC. EA announced today that a single and multi player demo of its upcoming Battlefield Bad Company video game is available.
The demo availability also marks the end of the closed demo of the game and the demo servers are now closed. Two multiplayer maps are available in the demo—gold rush and oasis. The single player demo starts players at the beginning of their Battlefield career. Read more
Posted on Fri, 9 May 2008 09:05:27 CDT | by Shane McGlaun
Google invests $500m in the Clearwire WiMax Network Company
Google is one of the investors in the newly formed Clearwire WiMAX business with Sprint. Google invested 500 million of the 3.2 billion that the new Clearwire company is getting injected.
Google will provide search and applications to the network's users, and will work with Clearwire to offer additional services and applications.
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Posted on Wed, 7 May 2008 13:01:14 CDT | by Luigi Lugmayr
Jimi Hendrix Company says Sex Tape not genuine
LOS ANGELES (Reuters) - The company that controls rights to rock guitarist Jimi
Hendrix's music and likeness said on Thursday a purported sex tape of the
musician being sold on the Internet was not authentic.
Read more
Posted on Thu, 1 May 2008 23:35:22 CDT | by Luigi Lugmayr
Multiplayer Beta Announced for Battlefield: Bad Company
EA Dice announced today that a multiplayer beta test for the upcoming console game Battlefield: Bad Company on the Xbox 360 would be available in limited numbers. Beta keys will be offered in limited quantities for members of IGN Founders’ Club and IGN Insider.
Some keys will also be offered to the public. "We're really excited about this beta since it gives us a chance to let a wider audience play our new multiplayer game, 'Gold Rush'. The feedback coming back from something like this is crucial for us as developers and will help us with the final changes and polish in the game," stated Karl-Magnus Troedsson, Senior Producer for Battlefield: Bad Company. "Battlefield and FPS fans get their first glimpse into how tactical destruction can be applied in multiplayer gameplay. We think offering two of the multiplayer maps will give gamers a fantastic experience and some great insight into the game." Read more
Posted on Fri, 21 Mar 2008 10:32:23 CDT | by Shane McGlaun
Microsoft to acquire Virtualization Company Kidaro
SEATTLE (Reuters) - Microsoft Corp said on Wednesday it agreed to acquire
virtualization technology firm Kidaro for an undisclosed sum.
Read more
Posted on Thu, 13 Mar 2008 01:36:26 CDT | by Luigi Lugmayr
SEC Web site gives new View of Company Data
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission unveiled a
Web site on Friday that lets investors launch charts and graphs to probe the
financial data of a select group of companies that have signed on to the
agency's interactive data push.
Read more
Posted on Fri, 15 Feb 2008 13:00:00 CST | by Luigi Lugmayr
AOL buys Widget Company Goowy
AOL today announced that it has acquired Goowy Media, Inc., a widget development and analytics tools company based in San Diego, Calif. Goowy will operate as a wholly owned subsidiary of AOL as part of the company's Products division.
Founded in 2004, Goowy offers a technology platform and related analytics tools that facilitate widget creation, syndication and reporting.
Read more
Posted on Mon, 4 Feb 2008 01:00:00 CST | by Luigi Lugmayr
Designer of Laptop for poor Kids starts Company
BOSTON (Reuters) - The scientist who designed a notebook computer for poor
children that is being produced and sold by a nonprofit foundation has set up a
company to commercialize the technology with a goal of producing a $75 laptop
computer.
Read more
Posted on Fri, 11 Jan 2008 02:00:00 CST | by Luigi Lugmayr
NXP buys U.S. GPS Semiconductor Company GloNav
FRANKFURT (Reuters) - Dutch chipmaker NXP will buy U.S.-based semiconductor
developer GloNav, which specializes in global positioning system (GPS) chips,
for up to $110 million in cash, it said in a statement on Friday.
Read more
Posted on Fri, 21 Dec 2007 06:52:57 CST | by Luigi Lugmayr
Microsoft buys online Mapping Company Multimap
NEW YORK (Reuters) - Microsoft Corp said on Wednesday it has acquired Multimap,
one of Britain's top online mapping companies.
Read more
Posted on Wed, 12 Dec 2007 09:50:21 CST | by Luigi Lugmayr
In-game Advertising Company adopts TV Ad Model
By N. Evan Van Zelfden
AUSTIN, Texas (Reuters) - Double Fusion, a private company that connects
advertisers and video game publishers, rolls out new technology on Tuesday to
allow advertisers to mount last-minute ad campaigns in games the same way they
use spot TV ads.
Read more
Posted on Tue, 4 Sep 2007 00:35:13 CDT | by Luigi Lugmayr
U.S. fines Online Travel Company for Cuba Trips
WASHINGTON (Reuters) - Online travel company Travelocity has been fined $182,750
for booking trips between the United States and Cuba in violation of the trade
embargo enforced by Washington since 1962, the Treasury Department said on
Wednesday.
Read more
Posted on Thu, 16 Aug 2007 01:31:48 CDT | by Luigi Lugmayr
Microsoft buys Ad company aQuantive for $6 billion
Microsoft did not get Doubleclick (Google did now the drop top dollar on aQuantive Inc.
Microsoft Corp. today announced it will acquire aQuantive, Inc., for $66.50 per share in an
all-cash transaction valued at approximately $6 billion.
"The advertising industry is evolving and growing at an incredible
pace, moving increasingly toward online and IP-served platforms, which
dramatically increases the importance of software for this industry," said
Steve Ballmer, chief executive officer of Microsoft.
Read more
Posted on Fri, 18 May 2007 07:23:42 CDT | by Luigi Lugmayr
Slim Devices is now a Logitech Company
Slim Devices, maker of audio streaming gadgets, announces that Logitech aquired them.
Slim Devices offers the Squeezebox we reviewed a while back and the recently announced Transporter.
Logitech pays $20 million in cash for the Mountain View based company. There are some performance target bonuses set to increase that amount. Tip: Just do not waste your time on starting any new hardware companies, rather enable sharing of some videos online. The difference is $1,63 billion (YouTube got $1.65 Billion) - Business is crazy, is it not?
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Posted on Thu, 19 Oct 2006 06:00:00 CDT | by Luigi Lugmayr
Facebook to be Aquired by Big Company for Big Money
Social networking start-up Facebook is apparently in talks with Yahoo!, Microsoft and Viacom to sell-out for big cash reports the WSJ (Subscription).
Facebook was in the news recently because of its users rioting against a new feature. What will the Facebook users do when Yahoo! owns them?
mySpace survived the buy-out by Murdoch, and I guess so will Facebook.
Facebook's founder is 22 year old Mark Zuckerberg. As the WSJ article reveals he likes to sleep in and work late.
Apparently Yahoo! already made an offer valued at $1 billion for Facebook.
Read more
Posted on Thu, 21 Sep 2006 05:22:22 CDT | by Luigi Lugmayr
Nokia Buys German Mobile Navigation Software Company Gate5
Mobile phone giant Nokia buys German navigation software company Gate5.
Navigation will become a standard feature in mobile phone in the next few years. Nokia is bringing that know-how now in-house with the purchase of Gate5.
Gate5 offers navigation, routing and mapping products as well as Smart2Go a location-based services platform.
Read more
Posted on Fri, 1 Sep 2006 12:00:00 CDT | by Luigi Lugmayr
THQ Spawns New Company For Next-Gen
THQ, the well-known video game publisher, famous for games like the Spongebob Squarepants series, announced today that they've created a brand new development team that's going to work exclusively on titles for the Wii, PS3, and Xbox 360.
Called Incinerator Games, the first title they're working on is Cars for the Wii and 360, based on the Disney/Pixar movie. THQ isn't exactly a blockbuster company, so it's good to see that they're willing to really invest in the next generation with its higher level of entry costs. Of course, Incinerator has no announced PS3 titles in the work yet.
Read more
Posted on Wed, 19 Jul 2006 16:00:00 CDT | by Luigi Lugmayr
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