Archive for March, 2011

Rovio Looking Into An IPO

Amit Chowdhry | March 18, 2011 | 993 views | Add a Comment
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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.

Adobe Flash 10.2 Beta Now Available For Android

Amit Chowdhry | March 18, 2011 | 823 views | 1 Comment
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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]

IBM Paying $10 Million To Settle Bribery Charges

Amit Chowdhry | March 18, 2011 | 670 views | Add a Comment
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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.

FriendFinder Considering IPO Again

Amit Chowdhry | March 18, 2011 | 683 views | Add a Comment
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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.

Apple Granted 24 iOS Icon Design Patents By European Union

Amit Chowdhry | March 18, 2011 | 1,208 views | Add a Comment
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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]

Yahoo! To Sell Delicious For Under $2 Million [RUMOR]

Amit Chowdhry | March 18, 2011 | 596 views | Add a Comment
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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.

Twitter To Lease Space In New York [RUMOR]

Amit Chowdhry | March 18, 2011 | 749 views | Add a Comment
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According to a rumor from Betabeat.com, Twitter is planning on leasing space in New York City. Twitter is currently looking at 340 Madison Avenue, a space that was formerly leased by Facebook.

Netflix Announces Exclusivity Of Kevin Spacey’s and David Fincher’s “House of Cards”

Amit Chowdhry | March 18, 2011 | 780 views | Add a Comment
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Netflix, Inc. (NASDAQ:NFLX) Chief Content Officer Ted Sarandos has announced that in late 2012, the company will be streaming the series “House of Cards” exclusively. “House of Cards” is a political thriller that has David Fincher as the Executive Producer and stars Kevin Spacey.

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