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Detroit Electric says its $135,000 SP:01 is the world's fastest production electric car

An EMI-Universal Merger Won't Fix the Music Industry

www.readwriteweb.com
Sales of digital music surpassed disc sales for the first time last year, spurring the music industry's dawning awareness that this digital thing isn't going away. Executives at Universal Music Group (home of Gotye, Kanye West, Lady Gaga and numerous other hit makers) and EMI (for whom the Beatles...
An EMI-Universal Merger Won't Fix the Music Industry

Sony announces PS4, touts unification of hardware, software, internet capabilities

appleinsider.com
Sony's President and Group CEO of Sony Computer Entertainment Andrew House on Wednesday introduced the company's next-generation platform, the PlayStation 4, which will use hardware, software and internet...
Sony announces PS4, touts unification of hardware, software, internet capabilities

The disruption in media and real-time politics at paidContent 2012

gigaom.com
All of us at GigaOM and our sister site paidContent are into the final planning stages for our big media show next week — paidContent 2012: At The Crossroads. As paidContent editor and conference chair Staci Kramer has described in her posts leading up to the conference, we’re going...
The disruption in media and real-time politics at paidContent 2012
CBS considers producing original content for streaming services

Under New Content Boss, AOL Shutters Music Division (Likely With More to Come)

allthingsd.com
Aol has shuttered its entire Music division, the company announced on Friday, laying off the few dozen employees in the division which has faltered over the past few years. News of the layoffs leaked on Friday afternoon, as staffers who were in attendance live-tweeted their own dismissals. The division has...
Under New Content Boss, AOL Shutters Music Division (Likely With More to Come)

Know Your Audience and Stop Interrupting People, Says Opt-In Video Ad Report

pandodaily.com
New York-based Jun Group has been in the opt-in, incentivized video advertising market since 2005. For the last three years the company has released a “State of Opt-In Video and Consumer Engagement” report to challenge industry conventional wisdom and establish best practices. Incentivized video advertising is a rarity in an...
Know Your Audience and Stop Interrupting People, Says Opt-In Video Ad Report

As Facebook prepares to IPO, social trailblazer Friendster relaunches for the Asian gaming market

thenextweb.com
The mighty Facebook finally filed for its $5bn IPO back in February, and whilst its going-public may now be delayed until June, another social networking, erm, powerhouse has announced that it’s pivoting and morphing into a social discovery and gaming platform. Friendster was launched by computer programmer Jonathan Abrams (now...
As Facebook prepares to IPO, social trailblazer Friendster relaunches for the Asian gaming market

Mobile games firm DeNA names advisory board to help grow overseas footprint, develop ideas

thenextweb.com
Billion-dollar Japanese mobile games firm DeNA has announced the instalment of its first advisory board to help it develop mid- and long-term growth strategies. The company operates its Mobage mobile service across Asia, Europe and the US, but it has come up against challenges replicating domestic successes overseas. DeNA says...
Mobile games firm DeNA names advisory board to help grow overseas footprint, develop ideas

Don't even think about it: 5 things that won't work for cleantech in 2013

gigaom.com
It’s not a shocker to anyone to hear that venture capitalists invested significantly less money into cleantech startups in 2012. According to the Cleantech Group on Thursday, venture capitalists globally invested $6.46 billion into cleantech startups — which includes solar, biofuels, energy efficiency, energy storage, transportation and more — in...
Don't even think about it: 5 things that won't work for cleantech in 2013

Mail.ru kills its Twitter killer, wants a bigger slice of VK

paidcontent.org
In January 2012, I reported how the big Russian portal operator Mail.ru was aping Chinese peers by launching its own microblog service. Whilst China’s Twitter clones have flourished, as it approaches its first anniversary, Mail.ru’s Futubra is to be closed. According to a message on the website: “Every day since launch,...
Mail.ru kills its Twitter killer, wants a bigger slice of VK
Detroit Electric Unveils The SP:01, A $135,000 Electric Sports Car With A Historic Past

Facial Recognition Start-Up Cortica Raises $7 Million

allthingsd.com
Israeli-based facial recognition technology start-up Cortica announced on Thursday a $7 million round of venture funding, backed by Hong Kong billionaire Li Ka-Shing’s Horizons Ventures and former Endemol Group CEO Ynon Kreiz. Cortica had previously raised $4 million in angel funding. The company’s commercial team will move from Israel to...
Facial Recognition Start-Up Cortica Raises $7 Million

Booting Up: Happy Trails, Andrew Mason, and Stay Far Away from the Public Markets

betabeat.com
Just not the best fit, probably. “What’s just depressing to me is how—and it’s not just for us, let me generalize it—the moment a company goes public the conversation shifts from how they’re trying to change the world and the product they’re building to how they’re making money.” Andrew Mason...
Booting Up: Happy Trails, Andrew Mason, and Stay Far Away from the Public Markets

Live blog: Publishing Hackathon at BookExpo America

paidcontent.org
At the Publishing Hackathon at BookExpo America on Friday afternoon, six book discovery startups will pitch their ideas to a panel of six judges, including Reddit cofounder Alexis Ohanian, Silver Lake Capital director Stephen Evans and Perseus Books Group CEO David Steinberger. The winner will get $10,000 and a meeting...
Live blog: Publishing Hackathon at BookExpo America

Can P2P Be Made to Pay?

gigaom.com
Napster, Grokster, Kazaa, Morpheus, Torrentspy, Audiogalaxy: Hollywood and the music industry have forced countless file-sharing services out of business in the last decade, and major record labels have sued tens of thousands of individual file sharers in the U.S. alone. But go to a site like The Pirate Bay and...
Can P2P Be Made to Pay?
Car rental biz Avis to acquire Zipcar for $500M cash
Cleantech is dead! Long live cleantech!

OmniPlan for iPad to put project management at your fingertips in 2012

arstechnica.com
Users who rely on the desktop version of OmniPlan but wish to manage complicated projects and workflows on-the-go will soon be able to pinch and swipe their way to Gantt chart nirvana. According to Omni Group CEO Ken Case, project management app OmniPlan will make its way to the...
OmniPlan for iPad to put project management at your fingertips in 2012

Huawei's Richard Yu confirms 8-core chip for 2H 2013, teases super slim P series phone for MWC

www.engadget.com
We never thought our day could get any better after Huawei's Consumer Business Group CEO Richard Yu became available again for our CES stage interview (there was originally a "last minute urgent conflict"), but our man was also kind enough to share a couple more scoops with us. First...
Huawei's Richard Yu confirms 8-core chip for 2H 2013, teases super slim P series phone for MWC

Debt-ridden OnLive faced imminent shutdown before buyout

arstechnica.com
OnLive has tried its best to put a positive spin on the "difficult financial decisions" that led to its "heartbreaking transition" to a new holding company with fewer than half the employees of the old company. But the man in charge of handling the transfer of OnLive's assets says the company...
Debt-ridden OnLive faced imminent shutdown before buyout

Alibaba Group CEO Jack Ma Announces Major Restructuring In Company Email

techcrunch.com
Chinese e-commerce giant Alibaba Group is embarking on a major reorganization of its business structure that will divide the company into 25 different units, each led by a general manager, said CEO Jack Ma in a company-wide email published by Sina News (link via Google Translate, h/t 36Kr). The move is...
Alibaba Group CEO Jack Ma Announces Major Restructuring In Company Email
Sony acquires cloud gaming service Gaikai for $380 million

Startup BookShout raises $6M; no longer lets users import their Kindle and Nook books

paidcontent.org
Dallas-based startup BookShout, which aims to promote social reading and aid book discovery, has raised $6 million in a Series B funding round, the company announced Thursday. But the company is, at least temporarily, no longer permitting users to import their Kindle and Nook books onto the platform — the...
Startup BookShout raises $6M; no longer lets users import their Kindle and Nook books

Northside Festival “Gets” New York Tech

pandodaily.com
Northside Media Group has made a very specific bet: that Brooklyn is the national adjective for “what’s next.” The company behind hipster necessities like The L Magazine, Brooklyn Magazine and Summerscreen also runs an annual festival. Previously focused on music, film and art, this year’s Northside Festival–coming up on June...
Northside Festival “Gets” New York Tech

Asian e-payments giant MOL takes majority stakes in Turkey's PaytoGo and Game Sultan

thenextweb.com
A subsidiary of Kuala Lumpur, Malaysia-based e-payments service provider MOL Global (MOL) has made majority investments in two Turkish companies, the company announced today (via Tech In Asia). Expanding its reach into the ‘EMENA’ region, the company acquired majority stakes in mobile payment company PaytoGo (founded in 2011) and Game...
Asian e-payments giant MOL takes majority stakes in Turkey's PaytoGo and Game Sultan

Hey, AOL Content Makers! Meet Your New Boss, Susan Lyne -- And Start Thinking About Video, Right Now.

allthingsd.com
If you work at AOL, and you make or sell content, and you don’t work for Arianna Huffington, you’ve got a new boss today. But perhaps you’re like TechCrunch editor Alexia Tsotsis, and you’re wondering what Susan Lyne, AOL’s new Brand Group CEO, looks and sounds like. Happy to oblige,...
Hey, AOL Content Makers! Meet Your New Boss, Susan Lyne -- And Start Thinking About Video, Right Now.

Asian telecom giant SingTel sees 9% annual customer growth but revenue down 4.8% to $3.7b

thenextweb.com
SingTel, one of the world’s largest telecom groups, has released its earnings for its fiscal third quarter, during which it says it saw “stable performance” across its businesses in Asia. The Singapore-based group — which owns controls domestic operator SingTel and Optus in Australia, among others — saw its total...
Asian telecom giant SingTel sees 9% annual customer growth but revenue down 4.8% to $3.7b
Six years later, carriers still searching for unified video call solution

Aol Talks About Us More Than They Talk To Us

techcrunch.com
Aol is really into hiring boss’ boss’ bosses. We’ve had a couple in my brief sojourn in the Aol Brand Group. Now we’ve got another one, former Gilt CEO Susan Lyne, who just sent out the following memo to our Team about her new role, which she doesn’t mention. She...
Aol Talks About Us More Than They Talk To Us
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