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LinkedIn's doubled stock price after its IPO on Thursday has many wondering if this could be the start of another tech bubble. LinkedIn initially offered 7.84 million shares at US$45 each. Within minutes, the shares doubled in price and eventually peaked at $122.70 each. The price lingered around $100 on Friday. ...
LinkedIn made a big splash on its first day as a publicly traded company. It's stock price soared into the stratosphere, far beyond its opening at US$45, which turned out to be a good call by LinkedIn executives, who previously considered offering it at $34 ...
Intel is moving big-time into the tablet business while postponing its smartphone entry until 2012. At least 10 new tablet computers running on Intel chips will be introduced at the computer trade show Computex late this month in Taiwan, according to a report in The Wall Street Journal. ...
Facebook and other Internet sites have joined forces to oppose the Social Networking Privacy Act (SB 242), pending California legislation that would require them to change the way they handle user privacy online. ...
Sony's PlayStation Network has been rebuffed in the company's home country. The game-maker relaunched the troubled online service elsewhere around the world, but it has been blocked in Japan by government order. ...
Google has set aside a cool half-billion dollars to cover any penalties related to AdWords postings for illegal drugs. The search giant is nearing a settlement with the U.S. Department of Justice in a criminal investigation into allegations it made hundreds of millions of dollars by accepting ads from online pharmacies that violate U.S. laws, The Wall Street Journal reported on Friday.
Looks like Facebook wanted to mount a dirty tricks campaign against Google, but so far all the mud is clinging to the social network and its PR goons. Burson-Marsteller was hired to run a negative campaign against Google's Social Circle, akaSocial Search, according to reports circulating in the blogosphere. ...
You may think you know the shortest, quickest route to work, but wait till Google get its hands on your steering wheel. Smart technology may save you gas you didn't even know you were wasting ...
In "Glee" parlance, it looks like the football coach just sat down at the cool kids' lunch table. Microsoft announced on Tuesday that it has entered into a definitive agreement to acquire Skype for US$8.5 billion in cash from an investor group led by Silver Lake. ...
Pew Research Center's Project for Excellence in Journalism released a report on Monday detailing how people navigate the digital news environment. Based upon an in-depth study of detailed audience statistics from the Nielsen Company, the study examines the 25 most popular news sites in the U.S. and focuses on four main facets: how users get to sites; how long they stay; how deeply they navigate sites; and where they go afterward...
The hackers who penetrated Sony's PlayStation Network, Qriosity music service and Sony Online Entertainment are planning to launch another major attack against the company this weekend, a reader of an Internet Relay Chat channel used by the hackers reportedly told Cnet. ...
Facebook and Google are separately considering acquisition or partnership deals with Skype, according to sources speaking to Reuters. Facebook chief Mark Zuckerberg has been in discussions concerning a possible purchase, one of the sources indicated, a deal that could be worth between US$3 billion and $4 billion ...
The winners of the 15th Annual Webby Awards were announced on Tuesday. Webby awards and People's Voice awards were handed out to honor the best of the Internet in dozens of categories. ...
The closer you look, the uglier it gets. More evidence about the Sony hacking has emerged. Apparently, Sony Online Entertainment (SOE) was part of the target when the Sony PlayStation Network was hacked. SOE handles online multilayer games. ...
Hackers are reportedly attempting to sell 2.2 million credit card numbers stolen from the PlayStation Network database between April 17 and 19. Sony posted a blog on Wednesday stating that customers' personal data was encrypted, and there was no evidence at that time that credit card data was stolen; however, the company could not rule out the possibility...
Nokia chief Stephen Elop said Wednesday that his company is in no hurry to get into the tablet market. ...
Sony confirmed that its recent site outages were caused by compromised security in a blog post on Tuesday. Between April 17 and 19, hackers gained access to PlayStation Network and Qriocity user account information, the company revealed, and its shutdown of PSN and Qriocity on April 20 was a reaction to that security breach. ...
Sony announced Tuesday that it is developing its first entries into the tablet market. The tablets are going by the code names "S1" and "S2," and they will be available in the global market in fall 2011. S1 will be optimized for rich media entertainment, and S2 will be optimized for mobile communication and entertainment ...
Barnes & Noble unveiled a major update for its e-reader tablet, the Nook Color, on Monday. The US$249 e-reader lets customers have some tablet features without having to break the bank. ...
The collapse of Amazon Web Services' (AWS) Elastic Cloud Compute (EC2) left several large websites out of commission on Thursday. ...
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