innovative products
The end of an era: Kodak kills its digital camera business, focuses on printing
thenextweb.com
Struggling photography giant Kodak has announced it will stop making digital photo and video cameras, focusing on its printing business as it looks to “drive sustainable profitability through its most valuable business lines.” Kodak will cease production and stop selling all digital cameras, pocket video cameras and digital picture frames...
Rovio’s Big Year: Angry Birds Helps Gaming Company Soar To $106M In Sales,648M Downloads
techcrunch.com
We all know what a wild success the Angry Birds franchise has been for Rovio, with the best-selling mobile games spawning cookbooks, toys and much more besides. Today the company revealed just what kind of an impact that has had on its bottom line: The company today issued a statement...
MHL Consortium: 50 Million MHL-Equipped Devices Shipped Globally In 2011
techcrunch.com
MHL had a huge 2011. The mobile high-definition connectivity standard went from a relativity unknown port to making its way onto more than 50 million devices. More than 90 licensees are on board with MHL and the connectivity option is nearly standard on tablets, smartphones, HDTVs, and is now making...
Europe’s ‘OpenTable’ Livebookings Eats Up Another $24M From Balderton, Wellington, Ekstranda
techcrunch.com
Livebookings, the restaurant booking and marketing service that competes with services like OpenTable, is announcing today that it has picked up another $24 million (£15 million) in funding to continue growing its business in Europe and beyond. The news highlights two trends we’ve seen emerging recently around here: companies dedicated...
Nest Labs Files Counterclaims In Honeywell Suit, Makes Apple’s Former Chief Patent Counsel A VP
techcrunch.com
Watch out, Honeywell. Nest Labs is serious. The Palo Alto start-up previously stated that it has the resources to defend itself, which is clearly the case. Just today the company filed Answer and Counterclaims in Honeywell’s patent infringement suit against the upstart thermostat company. Nest Labs flat-out denies infringement claims...
Microsoft loses EU antitrust fine appeal
www.guardian.co.uk
Europe's general court turns down bid from Microsoft to dismiss £721m fine levied in 2008, but software giant wins £32m discountEurope's general court has upheld almost all of a giant fine levied against Microsoft over an antitrust case first brought by the European Commission's competition watchdog in 1998.The General Court...
The UK government says “Britain is leading the way in open data”
thenextweb.com
Speaking at a Digital Birmingham roundtable event today, Francis Maude, the Minister for the Cabinet Office, reiterated the UK government’s open data vision, saying that ”Britain is leading the world by making ever more data freely available.” He also said that the government will relaunch data.gov.uk to make it simpler for...
Yahoo’s Patent Suit Against Facebook Is A ‘Crock Of Shit’ (And It Pulled Same Move On Pre-IPO Google)
techcrunch.com
When Yahoo chief executive Scott Thompson got on his first investor conference call after taking over in January, he bragged to media and investors about the great wealth of talent and IP that existed at the struggling company. He said that it needed to “build great innovative products and put...
Yahoo’s Patent Suit Against Facebook Is A ‘Crock Of Shit’ (And It Pulled Same Move On Pre-IPO Google)
Avid sells off its consumer M-Audio brand and video editing apps
9to5mac.com
Avid is best known for its Pro Tools software, the music industry’s leading DAW used by pros worldwide and the biggest competitor to Apple’s Logic Pro. However, perhaps just as popular among Mac musicians is Avid’s consumer M-Audio brand offering midi controllers, keyboards, audio interfaces, speakers, and DJ gear. Today Avid announced...
Analysts Look Toward $1000 Share Price, $1 Trillion Market Cap for Apple
www.macrumors.com
Over the past two days, a couple of high-profile research analysts have issued reports predicting that Apple's stock will reach the $1000/share milestone within the next year or two, a move that would see that company's market capitalization push toward an unprecedented trillion-dollar market capitalization. Yesterday, analyst Brian White issued...
Angry Birds maker Rovio reports £60.8m revenues for 2011
www.guardian.co.uk
Finnish developer's earnings before tax for year top £38.7m thanks to 200m monthly active usersAngry Birds has generated hundreds of millions of downloads for Finnish mobile games firm Rovio Entertainment, but the company's financial results for 2011 reveal just how lucrative the franchise was that year.The company has reported total...
Shoutlet eases the pain of social media marketing, raises $15M
venturebeat.com
Enterprise social marking platform Shoutlet is raising some more cash. Funded by FTV Capital, Shoutlet has raised $15 million in a third round of funding, more than doubling its previous combined funding of $9 million. Shoutlet’s platform gives companies a full-scale, centralized way to create, monitor and manage their...
Google executive Marissa Mayer to become Yahoo CEO in surprise move
www.guardian.co.uk
Yahoo scores coup in bringing in Mayer, who was the 20th employee to join Google and who had spent 13 years thereMarissa Mayer, one of Google's top executives and its first female engineer, will be the next chief executive officer of Yahoo, making her one of the most prominent women...
Angry Birds generated $106 million for Rovio in 2011
www.bgr.com
Rovio on Monday announced the company’s financial results for 2011. The mobile game developer generated $106.3 million in sales based on the success of its Angry Birds games and strong merchandising business. “The strong growth in revenue clearly demonstrates the popularity of the Angry Birds brand.” Mikael Hed, Rovio CEO...
Yahoo Chairman Roy Bostock's Goodbye Letter (YHOO)
www.businessinsider.com
Yahoo chairman Roy Bostock is stepping down. Here is his goodbye letter. Dear Fellow Shareholders: I write today to update you on the actions the Yahoo! board has taken, and the actions it is pursuing, to increase shareholder value and position the Company for growth. These actions result from...
Yahoo names Google's Marissa Mayer as CEO
paidcontent.org
Yahoo’s drawn out search for a CEO has taken an unexpected turn with the company tapping Marissa Mayer, Google’s first female engineer and the head of its location and local services, as its new chief Yahoo. Mayer, who used to lead Google’s search team, is now set to take over...
Former Google exec: Larry Page ruined Google
www.bgr.com
Former Engineering Director at Google and current Partner Development Manager at Microsoft James Whittaker on Tuesday published a lengthy piece explaining why he chose to leave the Mountain View-based company after having been such a vocal Google evangelist for nearly three years. His post on Microsoft’s MSDN blogs reiterates a...
Social Monitoring Service Brandwatch Raises $6 Million To Expand In US
techcrunch.com
Social media monitoring platform Brandwatch has raised $6 million from Nauta Capital and current shareholders, including PR distribution company Gorkana Group. Brandwatch’s system reads and summarises what’s being said on the web about brands, people and products against defined keywords. The brands can then respond, but also analyse trends, campaigns...
Netgear announces first 5G 802.11ac Wifi router, speeds up to 1.3Gbps
9to5mac.com
We’ve talked about next generation 802.11ac Wifi that will be able to deliver Gigabyte Ethernet type speeds to your wireless devices. The chips, also called “5G Wi-Fi” by Broadcom, do not correlate with 3G and 4G cellphone networks. The BCM4360, BCM4352, BCM43526 and BCM43516 chips improve Wi-Fi’s range and are significantly...
Huawei, The Latest Android Player: Who Are These Guys?
www.pcworld.com
Despite the company's brash marketing and seemingly innovative products, few Americans have heard of the Chinese smartphone company....
The secret for successful entrepreneurs? Being a user
tech.fortune.cnn.com
Entrepreneurs who set out to solve a problem for themselves are often more successful than those who set out simply to make money. FORTUNE — Only about 11% of startups are launched by “user entrepreneurs,” but such founders represent nearly half of startups that last five years or more, according...
Top Google executive Marissa Mayer named Yahoo CEO
www.bgr.com
($YHOO Yahoo on Monday named Marissa Mayer the company’s new president and CEO. Mayer was one of the earliest employees with Google, joining the Internet giant in 1999 and becoming the company’s first woman engineer. “I am honored and delighted to lead Yahoo!, one of the internet’s premier destinations for more...
Angry Birds creator Rovio says merchandising is 30 percent of revenue
venturebeat.com
Angry Birds creator Rovio Entertainment reported today that merchandising and licensing revenues were about 30 percent of its sales in 2011. During the fiscal year ended Dec. 31, 2012, Rovio reported revenue of 75. million euros ($106.3 million) and earnings before income taxes of 48 million euros ($67.6 million). The...
AMD beats expectations but accounting write-off leads to a huge $590M net loss
venturebeat.com
Chip maker Advanced Micro Devices reported today that its first quarter results beat expectations, but the company had a big loss of $590 million. While AMD is very competitive with its product line-up, the results show that it’s not easy to stay in the unending war with Intel, the world’s...
Topeka: ‘Apple fever has more room to run’
www.bgr.com
The world’s most valuable company is showing no signs of slowing down, and numerous industry watchers believe Apple will continue to grow despite increased competition from rivals like Samsung. Topeka Capital Markets, new home to analyst Brian White, on Monday initiated coverage of Apple with a Buy rating and...
Pass notes No 3,212: Yahoo
www.guardian.co.uk
Yahoo has just appointed its third CEO in a year in an effort to turn its fortunes around. But can Marissa Mayer deliver?Age: 18.Appearance: Pixelated.It's one of those internet company thingies! It's got a search engine, an email doodah and even an instant messaging oojamaflip! How do you know all...
Step aside Batman, Internet Defense League to light up the sky with 'Cat Signals'
venturebeat.com
The Internet Defense League (IDL), an organization dedicated to keeping the internet open, officially kicked off its efforts today with a conference call that included several members of the tech industry and a handful of U.S. congressmen. “The Internet, from the time it was commercialized, has proven to be...
Microsoft is the Monsanto to Seattle’s Talent
pandodaily.com
Some people see Microsoft as a company in decline, in part because it draws such a large part of its revenues from old and not that innovative business lines. (It does, however, still make some innovative products.) But reputations aside, what of its real world effect on startup culture? According...
Outlook.com mail may finally drive new innovation in email cc: Marissa Mayer
venturebeat.com
Microsoft’s new Outlook.com mail service may finally drive some much-needed innovation in email. (Disclosure: I have Microsoft stock from my time as an employee there.) Box CEO Aaron Levie tweeted, “Someone has apparently slipped an innovation drug into Microsoft’s water supply recently. This is getting interesting.” I agree. This is...
Silenced No More: PadMapper Now "Legally" Circumventing Craigslist's Terms of Use
pandodaily.com
“Sticks and stones may break my bones, but your Terms of Use can go to hell.” This is more or less the message being sent to day, with love, from startup PadMapper directly to resident bully Craigslist (CL). As we’ve reported, CL has been more active than ever in recent...
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