nosedive

nosedive

EA to Zynga: Enough already, The Ville is The Sims and we're going to sue you

thenextweb.com
According to a report from The Verge, EA has decided to sue social gaming company Zynga over striking similarities to one of its most popular franchises, The Sims. Zynga’s new game “The Ville” was unveiled at an event last month in San Francisco, causing us (and everyone else) to think...
EA to Zynga: Enough already, The Ville is The Sims and we're going to sue you

Pandora stock tumbles after report of rival service from Apple

news.cnet.com
Shares of the online music service have taken a nosedive following a Wall Street Journal report that says Apple is planning its own similar service. [Read more]...
Pandora stock tumbles after report of rival service from Apple
Groupon Stock Goes On Fire Sale, But What Went So Wrong?

Groupon ponders fate of CEO after company's share price collapse

www.guardian.co.uk
Andrew Mason, who founded the online discounter, has seen his company's stock take a nosedive since its IPO last yearDirectors at the troubled online discounter Groupon were due to discuss the future of its founder, Andrew Mason, at a board meeting in Chicago on Thursday.Mason, chief executive of the online...
Groupon ponders fate of CEO after company's share price collapse

Social Media Referral Platform Tout'd Raises $1.4M in Seed Funding

betabeat.com
Mr. Kallenberg (Photo: LinkedIn) New York-based “Word-of-Mouth” platform Tout’d announced this morning that they raised $1.4 million in a seed round led by Warren Hill Angels. Tout’d, led by Techstars alum Arron Kallenberg and Wall Street vets Rob Morelli and Saro Cutri, allows users to crowdsource questions like, “What’s the...
Social Media Referral Platform Tout'd Raises $1.4M in Seed Funding

Sinking Sharp mortgages Japanese factories to stay afloat

thenextweb.com
Japanese electronics maker Sharp has come upon some hard times, and it has mortgaged “almost all” of its factories in its home country to get a $1.92 billion (150 billion yen) line of credit while it waits for a deal with Foxconn parent Hon Hai to come through, Reuters reports....
Sinking Sharp mortgages Japanese factories to stay afloat

Friday Poll: Do you still use your Nintendo Wii?

news.cnet.com
Nintendo Wii sales are in a nosedive. Are you still in love with your Wii or is it buried under a pile of Xbox games? [Read more]...
Friday Poll: Do you still use your Nintendo Wii?

Baidu reports 75% increase in revenue and net income for Q1, but shares fall

thenextweb.com
Baidu, China’s leading search engine company, has just announced its financial results for Q1 2012. The company’s revenues for the quarter came in at RMB4.264 billion ($677.1 million), a 75 percent increase compared to the same period last year. Baidu’s earning per share came in at $0.87. Net income was...
Baidu reports 75% increase in revenue and net income for Q1, but shares fall

Home Depot abandons BlackBerry; BBRY stock takes hit

www.electronista.com
Reports have surfaced today that do-it-yourself mecca Home Depot will not be renewing its contract with BlackBerry, and will be replacing its fleet of 10,000 devices with iPhones. News of the shift sent BlackBerry stock into a nosedive, dropping 4.6 percent after the announcement. Home Depot did not say if...
Home Depot abandons BlackBerry; BBRY stock takes hit
Hands-on with Sean Parker's Airtime: anonymous video chat without the nudity
Mobile revenue shines as Facebook's earnings beat Wall Street estimates

RIM (RIP?) is in its death spiral

9to5mac.com
There is no way to sugarcoat today’s announcement from once great Blackberry maker, RIM.  They are, after years of putting their heads in the sand, finally taking drastic measures to change course including getting rid of former Co-CEO and current board member Jim Balsillie as well as their their CTO and...
RIM (RIP?) is in its death spiral
Ballooning losses at Sharp lead to 5,000 job cuts

Shelf preservation: Why my ebook conversion only goes so far

www.guardian.co.uk
I've grown to love the format for certain genres, but some books demand three dimensionsThe news that ebook pricing has taken a nosedive to the earth's molten core gives me a pang for poor saps still trying to earn a Cup-a-Soup by engendering novels. Especially newbies. It's all very well...
Shelf preservation: Why my ebook conversion only goes so far

Post IPO, Facebook's Zuckerberg talks mobile, stock, and morale

gigaom.com
For Facebook’s Mark Zuckerberg, these are tough times. With the IPO now in the distance, everyone wants to talk about the tanking stock, problems with mobile ads, or difficulty growing up. But could this be a blessing in disguise for the 28-year-old founder? “Personally I’d rather be underestimated, because it...
Post IPO, Facebook's Zuckerberg talks mobile, stock, and morale
BandPage Connect Lets Musicians Keep Their Online Profiles In Sync, Starting With WordPress And 12 More

Apple's Shares Are Getting Clobbered (AAPL)

www.businessinsider.com
Apple's stock is down as much as 3.25 percent this morning. Why? Street Insider is speculating that "clearing firms are raising the margin requirement for clients," and this is causing Apple's stock to nosedive.  A higher margin requirement means investors need to either put up more of their own money...
Apple's Shares Are Getting Clobbered (AAPL)

A Congress That Does Things? Immigration Reform Makes Huge Bipartisan Progress

techcrunch.com
The new Congress is showing signs that it may finally leave behind its old habit of doing nothing: A gang of eight senators from both parties has outlined a framework for comprehensive immigration reform. While progress could get bogged down in details as the legislation comes together, the bipartisan love...
A Congress That Does Things? Immigration Reform Makes Huge Bipartisan Progress

Groupon shares nosedive as investors sell in reaction to slowing sales

www.guardian.co.uk
Daily discount website that once grew rapidly faces declining momentum as shares fall 25% to an all-time low of $5.60Shares in Groupon plummeted Tuesday as the firm once billed as "the fastest growing company ever" said sales had slowed.The daily deals site reported its first-ever quarterly profit as a public...
Groupon shares nosedive as investors sell in reaction to slowing sales
Apple Profits Are Expected To Shrink For The First Time In 10 Years - Why?

Nokia’s Windows Phone push succeeds in the UK, as Microsoft-powered smartphone sales outpace Symbian

thenextweb.com
Nokia’s push to replace its Symbian-powered smartphone lineup with handsets running Microsoft’s Windows Phone platform appears to be having the desired effect for the company in the UK, with its sales of Windows Phone devices helping to outpace Symbian devices. A new report from Kantar Worldpanel ComTech compared sales of Symbian...
Nokia’s Windows Phone push succeeds in the UK, as Microsoft-powered smartphone sales outpace Symbian

Samsung and HTC stock nosedive, both thanks to Apple

www.electronista.com
Samsung and HTC stock have both taken a hit thanks to separate actions instigated by Apple. Samsungís stock saw $10 billion wiped off its value following a report by DigiTimes indicating that Apple had placed a large order for DRAM from its struggling Japanese competitor Elpida. Separately, HTCís shares also...
Samsung and HTC stock nosedive, both thanks to Apple

Troubled Sharp is reportedly looking to offload $1.2 billion in assets

thenextweb.com
Troubled Japanese tech giant Sharp is reportedly looking to sell more than $1.2 billion in assets, including a key solar panel plant in its native Japan. A report from the Daily Yomiuri [via Reuters] claims that the company is already in negotiations with an overseas bidder as it looks to...
Troubled Sharp is reportedly looking to offload $1.2 billion in assets

Apple's New Mini iPad Expected To Take The Stage At October Event

techcrunch.com
Tell me if this particular rumor sounds familiar — rather than lump the announcements of a new iPhone and a new iPad into a single event, Apple will instead unveil the products at two distinct events. Daring Fireball’s John Gruber offered up that tantalizing possibility earlier in the week, and...
Apple's New Mini iPad Expected To Take The Stage At October Event

American Apparel CEO Gets $10 Million Raise Despite Sex Slave Lawsuit (APP)

www.businessinsider.com
American Apparel CEO Dov Charney got a $10 million raise last year, according to a pre-proxy filing with the SEC, even as a lawsuit alleging he imprisoned a girl in his apartment as a sex slave went into arbitration.The suit isn't new—it's been dragging on for months. Plaintiff Irene...
American Apparel CEO Gets $10 Million Raise Despite Sex Slave Lawsuit (APP)

CEO of Zynga Has His Twitter Feed Hacked

www.fastcompany.com
Despite a lot of spending on personal security, it seems the CEO of Zynga is vulnerable to online hacks. It's being reported on Twitter that Mark Pincus, CEO of social gaming firm Zynga, has had his Twitter feed hacked. Pincus' feed was seen spewing out spam tweets containing text...
CEO of Zynga Has His Twitter Feed Hacked
U.S. iPhone app downloads fall after big holiday season

Screw the naysayers: Why I just bought Nokia

thenextweb.com
There’s been an awful lot of talk about Nokia’s financial nosedive recently. Revenues are down $4 billion, smartphone sales took a 50% hit, and earnings are in the red. Despite a decent reception to its elegant new line of Lumias, Windows Phone (WP) sales have not grown quickly enough to...
Screw the naysayers: Why I just bought Nokia

Five Inspiring Startups

www.pcworld.com
The world's biggest tech trade show makes room for fledgling companies in document management, e-commerce and other areas. Which of these will survive and which will nosedive?...
Five Inspiring Startups

OpenCoin Raises Funding From Bitcoin Opportunity Fund And Others

thenextweb.com
OpenCoin has closed an angel round of funding with participation from Andreessen Horowitz, FF Angel IV, Lightspeed Venture Partners, Vast Ventures, and the Bitcoin Opportunity Fund; an investment vehicle for Bitcoins and Bitcoin-related companies. The involvement of Bitcoin might sound a little odd, given its recent spike and trememendous nosedive...
OpenCoin Raises Funding From Bitcoin Opportunity Fund And Others
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