Monthly Archives: March 2011
AT&T To Acquire T-Mobile USA For $39 Billion
AT&T Inc. (NYSE:T) has announced plans to acquire T-Mobile USA for $39 billion in cash and stock from Deutsche Telekom. AT&T’s acquisition of T-Mobile would make them the largest carrier by a substantial amount.
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Categories AT&T, AT&T Inc., Deutsche Telekom, T-Mobile
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Stephen Elop: “We’re Right Now, Today, Having People Work On The First Windows Phone Devices From Nokia.”
Nokia Corporation (NYSE:NOK) CEO Stephen Elop has revealed some interesting information through an interview with Reuters. “We’re right now, today, having people work on the first Windows Phone devices from Nokia. That work is already under way. If this was an acquisition scenario, that wouldn’t be possible,” stated Elop.
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AT&T Blocking Unauthorized Tethering iPhones
AT&T Inc. (NYSE:T) has been sending out e-mails that says “records show that you use [tethering] but are not subscribed to our tethering plan.” There are several jailbreaking applications that allows the iPhone to use unauthorized tethering such as MyWi. MyWi bypasses the plan check on AT&T phones and creates a wireless hotspot on teh iPhone. This allows other devices to connect to the Internet through the iPhone like netbooks and laptops.
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Categories Apple iPhone, AT&T, AT&T Inc.
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Zynga Acquires Indie Game Development Company Floodgate Entertainment
Social gaming company Zynga has acquired Floodgate Entertainment, an indie gaming company based in Waltham, Massachusetts. This is Zynga’s 10th acquisition in 10 months. Zynga reportedly earned $850 million in 2010 revenues. Floodgate founder Paul Neurath will be the creative director of Zynga’s Boston team. [VentureBeat]
Categories Floodgate Entertainment, Zynga
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Rovio Looking Into An IPO
Talouselämä is a business magazine in Finland that published information about Angry Birds game development company Rovio. Rovio is planning to go public in New York according to the article. Rovio Chairman Kaj Hed said that the company’s $42 million in funding was a direction that step. Hed is the father of Rovio CEO Mikael Hed.
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Categories Angry Birds, Kaj Hed, Mikael Hed, Rovio, Trema International Holdings BV
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Adobe Flash 10.2 Beta Now Available For Android
Adobe Systems Incorporated (NASDAQ:ADBE) has announced that Adobe Flash 10.2 will be available on Android devices running on Froyo, Gingerbread, and Honeycomb. Adobe 10.2 has increased performance from the previous version. The beta release of Adobe 10.2 does not utilize full hardware acceleration as that feature has been turned off. Hardware rending and compositing will be added in a later release. That release “will bring 720p playback to a really smooth, enjoyable level.” [Engadget]
Categories Adobe Flash, Adobe Flash 10, Adobe Systems Inc
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IBM Paying $10 Million To Settle Bribery Charges
International Business Machines Corp. (NYSE:IBM) has agreed to pay $10 million to settle with the U.S. SEC. Apparently IBM bribed officials in China and South Korea for computer contracts according to a source with BusinessWeek.
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Categories IBM, International Business Machines
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FriendFinder Considering IPO Again
FriendFinder, the Internet company behind Cams.com, Adult FriendFinder, FriendFinder.com, AsiaFriendFinder, ItalianFriendFinder, KoreanFriendFinder, SeniorFriendFinder etc. is considering an IPO again. The company has filed an amendment to the Form S-1 with the SEC.
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Categories AdultFriendFinder, FriendFinder Networks
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Apple Granted 24 iOS Icon Design Patents By European Union
Apple Inc. (NASDAQ:AAPL) was given 24 iOS Design Patents that relates to various icons that includes utilities. The patent includes Apple icons like the calculator, iBooks, Numbers, World Clock, Mail, FaceTime, Camera, Rentina display, Messages, iTunes Store, and iMovie. [Patently Apple]
Categories Apple Inc., European Union
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Yahoo! To Sell Delicious For Under $2 Million [RUMOR]
Yahoo! Inc. (NASDAQ:YHOO) is considering selling Delicious for between $1-$2 million according to a BusinessInsider source. It is uncertain which company is buying Delicious, but the source knows it is a “strategic partner.” Some potential partners may include Digg or StumbleUpon. The reason why it is taking a while to spin off Delicious is because the bookmarking website depends entirely on Yahoo!’s technology. Delicious currently does not have a revenue model, but it has a very loyal community.
Categories Delicious, Yahoo!
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