Samsung's Music Hub Service Brings 19 Million Songs to the Galaxy S III
Posted by PCWorld
The music service will initially only be available on the Galaxy S III in Germany, Spain, Italy, France and the U.K[...]
Continue ReadingBitly Goes Beyond Link Shortening, But Its Users Are Not Amused
Posted by TechCrunch
Bitly launched a major update and redesign of its link shortening service today that, in the eyes of many of its users, de-emphasizes some of its core feature. Instead of being able to just copy and paste a link, users now have to go through a few extra steps to get their shortened links, for example. This extra complexity brings many new features to the service, but some of its users are anything but happy about the changes[...]
Continue ReadingFacebook Has Lost About $35 Billion In Value Since IPO As Shares Dip Below $29
Posted by TechCrunch
Pain, pain, and more pain for Facebook’s stock. Facebook sunk into the $20s for the first time today, declining about 9 percent as options trading started. The decline also came a day after a third wave of reports came out about a Facebook phone, which would push the company into the risky and expensive world of building hardware.
Shares hit a new low of $28.65 and have closed nearly 10 percent lower at $28.84. After-hours trading has the company down another 0.5 percent to $28.69. That gives the company a market capitalization of $79.02 billion, down from $115 billion market cap Facebook opened at on the day of its IPO when it started trading at $42.05 a share.** (That said, if you[...]
Continue ReadingShares hit a new low of $28.65 and have closed nearly 10 percent lower at $28.84. After-hours trading has the company down another 0.5 percent to $28.69. That gives the company a market capitalization of $79.02 billion, down from $115 billion market cap Facebook opened at on the day of its IPO when it started trading at $42.05 a share.** (That said, if you[...]
The Facebook effect: Opera shares jump to record highs on Facebook rumors
Posted by VentureBeat
Nothing gets a company’s stock price moving quite like rumors of a Facebook acquisition.
The latest beneficiary is browser maker Opera, whose shares jumped 26 percent Tuesday on the speculation that it’s in Facebook’s acquisition crosshairs, Bloomberg notes. The move brought the share prices to its highest since the company began trading in 2004.
Rumors of the deal came last week, when Pocket-Lint reported that Facebook was mulling over buying Opera in an effort to increase its presence in the browser market.
The deal, of course, made sense. As VentureBeat’s Devindra Hardawar noted, buying Opera would give Facebook a big competitor to mobile browsers like Safari and G[...]
Continue ReadingThe latest beneficiary is browser maker Opera, whose shares jumped 26 percent Tuesday on the speculation that it’s in Facebook’s acquisition crosshairs, Bloomberg notes. The move brought the share prices to its highest since the company began trading in 2004.
Rumors of the deal came last week, when Pocket-Lint reported that Facebook was mulling over buying Opera in an effort to increase its presence in the browser market.
The deal, of course, made sense. As VentureBeat’s Devindra Hardawar noted, buying Opera would give Facebook a big competitor to mobile browsers like Safari and G[...]
Apple unveils WWDC 2012 schedule and official app
Posted by VentureBeat
If you’re lucky enough to be attending Apple’s Worldwide Developers Conference this year, which kicks off on June 11, you can now start planning which sessions to hit.
Apple released the full schedule for WWDC 2012 attendees this morning, as well as an official app for the iPhone and iPad.
This year’s WWDC sold out just a few hours after tickets went on sale. And while we don’t expect the company to show off the iPhone 5 at the event, we will hear more about iOS 6 and the upcoming OS X Mountain Lion. Apple says there will be more than 100 sessions and labs, as well as six technical tracks: Essentials; App Services; Developer Tools; Graphics, Media and Games; Safari an[...]
Continue ReadingApple released the full schedule for WWDC 2012 attendees this morning, as well as an official app for the iPhone and iPad.
This year’s WWDC sold out just a few hours after tickets went on sale. And while we don’t expect the company to show off the iPhone 5 at the event, we will hear more about iOS 6 and the upcoming OS X Mountain Lion. Apple says there will be more than 100 sessions and labs, as well as six technical tracks: Essentials; App Services; Developer Tools; Graphics, Media and Games; Safari an[...]
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