Archive for March, 2010

New iPhone Coming This Summer, Perhaps On Verizon This Fall [WSJ]

Amit Chowdhry | March 29, 2010 | 1,053 views | Add a Comment
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When The Wall Street Journal publishes an article about Apple, everybody listens.  The WSJ just sent out a news alert that says that Apple is working on a new iPhone model that will be released this summer.  Apple has consistently released a new iPhone on June or July since the past three models.  The new iPhone is rumored to work on the CDMA wireless network, which Verizon uses. Pegatron Technology Corporation is rumored to be mass producing the device.
The iPhone was rumored to be available on the Verizon sometime in the future for years now.  Apple had an exclusive relationship with AT&T within the U.S. since they launched the iPhone in 2007.
The Wall Street Journal article was written by Yukari Iwatani Kane.  Kane is known for writing articles in the past that were very accurate about future Apple products.  This means Kane can be trusted about having a reliable source within the company. [WSJ]

Facebook Changing “Become A Fan” To “Like”

Amit Chowdhry | March 29, 2010 | 691 views | Add a Comment
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Facebook is changing the “Become A Fan” to a button that involves the button “Like.”  Facebook users will soon start liking brands rather than becoming a fan.  This may be because people click “Like” about two times more than they click “Become a Fan.” On Facebook’s current system, when you click “Become A Fan,” the brand’s feed appears on the homepage of the Facebook user.  Below is a Facebook PDF Language Change sent to a Mashable commenter. [Mashable]

Kayak.com Sells Off Hotel Reviews Website TravelPost.com

Amit Chowdhry | March 29, 2010 | 605 views | Add a Comment
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Travel search engine Kayak.com has sold off hotel information website TravelPost.com.  TravelPost.com was sold to an online travel startup company that was founded by former Expedia employees.  The new startup is called by NewTravelco.  NewTravelco. raised about $9.8 million earlier this month. [paidContent]

Symantec Calls Shaoxing, China The Malware Capital of the World

Amit Chowdhry | March 29, 2010 | 658 views | Add a Comment
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Symantec has named Shaoxing, China the malware capital.  That city accounts for more targeted attacks than any other city. About 30% of all targeted malware attacks and not all malicious email come from China. Targeted attacks account for only 0.02% of all malicious email traffic. Of that 30%, 21.3% is from Shaoxing itself.

The report was created by Symantec’s MessageLabs division. Below is official information from the MLI report on this topic:

Quora Raises Funding From Benchmark and Receives $86M Valuation

Amit Chowdhry | March 29, 2010 | 1,088 views | Add a Comment
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Quora is a startup founded by former Facebook employees.  Quora has raised a new round of funding, led by Benchmark Capital.  Former Facebook exec Matt Cohler has joined the board of directors at Quora too.  Benchmark’s investment gives Quora an $86 million valuation.  Quora went in private beta on January 4, 2010.  Quora was founded by Adam D’Angelo and Charlie Cheever. [TechCrunch]

Microsoft Almost Chose The Name Bang Instead of Bing

Amit Chowdhry | March 29, 2010 | 1,109 views | Add a Comment
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Microsoft chief marketing strategist David Webster conducted an interview with CNET’s Ina Fried recently.  One of the goals he had when coming up with the word Bing is by making key products more “word-of-mouthable.”  Microsoft wanted a name that was one syllable, couldn’t be misspelled, and was as short as possible.  Webster was in charge of the new search engine name.
Webster told Fried that he initially came up with the word “Bang.”  ”It’s there, it’s an exclamation point,” said Webster. “It’s the opposite of a question mark.”  But when using the word “Bang” as a verb, it did not sound very pleasing.  ”Oh, I banged it’ is very different than ‘I binged it’,” added Webster. [CNET]


Hostway Raises $110 Million On Debt and Equity

Amit Chowdhry | March 29, 2010 | 541 views | Add a Comment
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Hostway is a server management company that has just raised $110 million in debt and equity financing from several investors. Hostway is based in Chicago, Illinois and they plan to use the money for growth purposes. The investment was provided by Veronis Suhler Stevenson, Fortress Capital, Regiment Capital, and Phoenix Life. Hostway has about 600,000 customers.

“With a sound infrastructure in place and forecasted growth far exceeding projected GDP growth annually in the managed hosting, collocation and cloud computing segments over the next three years, Hostway is well-positioned to capture further market share,” stated Veronis partner George Cole. [Red Herring]

File Transfer Coming To GMail Chat Soon

Amit Chowdhry | March 29, 2010 | 643 views | Add a Comment
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There is now file transferring capabilities when using iGoogle and orkut.  File transfer will soon be released on GMail Chat too.  This means that you can transfer files with your Google buddies without having to attach them in an e-mail.  Under the Actions menu, there is an option that says Send A File.  No word yet on when it will be available on GMail. [Google Blog]

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