Archive for March, 2010

Foursquare Being Integrated Into Bing

Amit Chowdhry | March 25, 2010 | 777 views | Add a Comment
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Foursquare is being integrated into Bing.com. Microsoft Corporation (NASDAQ:MSFT) announced the news on the Bing blog. On Bing, Foursquare tips will appear under a section called Map Apps. Below is an excerpt from the Bing Blog.

The foursquare map app is a powerful combination of the spatial canvas that Bing Maps provides, combined with foursquare’s user reputation service ability to see who has unlocked specific badges, where and who has been crowned mayor of certain locations making it easier to explore any city in the world as if you were a local. Let’s say you’re travelling to New York City for the week, but you don’t know what’s hot in Greenwich Village. Selecting the foursquare Map App in Bing Maps, and zooming into to Greenwich Village will get you tips that show you what locals are saying about the hot spots in that area. It’s like an interactive day planner, designed to help find the best things to do in that area. And if you have questions, you can always contact users through foursquare to get the inside scoop.

“Google and Bing are diverging more than ever,” stated Bing Director Stefan Weitz in an interview with BoomTown. “Google is focusing on gathering all the world’s information and we are focused on delivering knowledge based on a user’s intent.” [AllThingsD]

Apple Signs $240 Million Deal With Samsung For 3 Million More iPad Screens

Amit Chowdhry | March 25, 2010 | 670 views | Add a Comment
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Apple Inc. (NASDAQ:AAPL) has agreed to pay Samsung almost $240 million as part of a deal.  Samsung will become the second major supplier of 9.7″ display screens for current and future versions of the Apple iPad according to AppleInsider.

Samsung will supply Apple about 3 million display screens.  “The most expensive component in the iPad is the display and touch-screen interface that costs $80 for all models,” stated a person close to the situation. “The 9.7-inch display is more than twice the size of the iPhone 3GS screen and costs five times as much.”

About a year ago, Apple signed a $500 million 5-year deal with LG Display.  The agreement is rumored to be extended to $800 million to cover the supply of 10 million iPad displays. [AppleInsider]

Ford Confident About Volvo’s Sale To Zhejiang Geely

Amit Chowdhry | March 25, 2010 | 644 views | Add a Comment
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Ford Motor Company (NYSE:F) is confident that they will be finalizing an agreement to sell Swedish car subsidiary Volvo to China’s Zhejian Geely Holding Group. Chinese Vice President Xi Jinping is scheduled to be around to sign the deal according to the Detroit News. “We’re still working toward reaching a definitive sales agreement by the end of this month,” stated Ford spokesman Mark Truby. “Things are looking good for Volvo right now, and we want to get on with selling our cars,” added Volve spokesperson Olle Axelson. Ford CFO Lewis Booth is expected to fly over to Sweden this weekend. Volvo lost $653 million last year which is $812 million less than it lost in 2008. Ford started looking for buyers on Volvo after selling Jaguar and Land Rover to Tata Motors. Geely reportedly will be buying Volvo for about $1.8 billion. [Detroit News]

Picklive Raises Seed Funding From Several Angel Investors

Amit Chowdhry | March 25, 2010 | 995 views | Add a Comment
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Picklive is a real-time fantasy football game that used to be known as Football3s.com.  Picklive raised seed funding from Last.FM investor Stefan Glaenzer, Robert Dighero, and several other angel investors.  The founders of Picklive are Tim Morgan (CEO), Noam Sohachevsky and Krzysztof Zylawy. [TechCrunch]

Facebook Threatens Fluff Busting Purity Greasemonkey Script Developer

Amit Chowdhry | March 25, 2010 | 1,065 views | Add a Comment
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Facebook made a threat to a Greasemonkey script developer recently.  Greasemonkey is a Firefox add-on where users can download and develop custom scripts that can change the design of a website.  The Greasemonkey script, called Fluff Busting Purity cleans up the Facebook live feed so that you do not see application notices. This means if someone does something on Farmville, you will not know.  The script was originally known as Facebook Purity, but Facebook sent them a trademark notice. [TechDirt]

Motorola DEVOUR Hits Verizon Wireless

Amit Chowdhry | March 25, 2010 | 759 views | Add a Comment
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Motorola, Inc. (NYSE:MOT) DEVOUR is now available on the Verizon wireless network.  The device is available online and in stores for $149.99 after a $100 mail-in rebate after a new two-year customer agreement. The DEVOUR is the second Android powered smartphone from Motorola to become a part of Verizon’s 3G network.  Below is the full press release:

The JooJoo Tablet Expected To Arrive On March 29th

Amit Chowdhry | March 25, 2010 | 535 views | Add a Comment
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The JooJoo order page announced today that their tablet has started shipping in their factory. For those of you that pre-ordered the device, you can expect for it to arrive on March 29th. Below is the full press release:

Justin Miller To Become CEO Of Plaxo

Amit Chowdhry | March 25, 2010 | 907 views | Add a Comment
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The current President and CEO Ben Golub is leaving Plaxo after 5 years of working there.  Golub will be replaced by Plaxo General Manager Justin Miller.  Ryan King will become the the COO of the company also.  Plaxo was acquired with Comcast in May 2008 for between $150-$170 million. [TechCrunch]

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