Gerry's Feed
Apr 24, 2013

Zynga reports fewer players of its online games, shares drop

SAN FRANCISCO, April 24 (Reuters) – Zynga Inc said
on Wednesday the number of people playing its online games
dropped dramatically in the first quarter, a development that
overshadowed better-than-expected revenues and sent its stock
tumbling in after-hours trade.

Shares fell 10 percent to $2.99 in extended trading.

The San Francisco-based publisher behind games like
“FarmVille” and “Words With Friends” said its number of monthly
players continued its decline to 253 million, the lowest figure
since the number peaked at 331 million at the end of the third
quarter of 2012.

Apr 24, 2013

Analysis: Truth and consequences – a dilemma for Twitter and its users

SAN FRANCISCO (Reuters) – Does Twitter have a credibility problem?

For many, a single fake tweet from the Associated Press account that briefly roiled financial markets on Tuesday, driving the Dow Jones industrial average down about 145 points, vividly reaffirmed the fearsome, near-instantaneous power of the 140-character message.

But the security lapse also revived doubts about Twitter’s place in the media landscape – and its ultimate value – at a moment when its status as one of today’s essential information networks had seemed all but cemented.

Apr 24, 2013

Truth and consequences – a dilemma for Twitter and its users

SAN FRANCISCO, April 24 (Reuters) – Does Twitter have a
credibility problem?

For many, a single fake tweet from the Associated Press
account that briefly roiled financial markets on Tuesday,
driving the Dow Jones industrial average down about 145 points,
vividly reaffirmed the fearsome, near-instantaneous power of the
140-character message.

Apr 24, 2013

Google buys Wavii for $30 million, mirroring Yahoo’s deal

SAN FRANCISCO, April 23 (Reuters) – Google Inc has
acquired Wavii, the Seattle-based startup behind a news
summarization app, for roughly $30 million in cash, a person
with knowledge of the matter said Tuesday.

Google’s successful bid came after Apple Inc had
expressed interest in buying Wavii to incorporate the startup’s
natural language technology into Siri, Apple’s voice-activated
personal assistant feature, said the person, who declined to be
named because the deal has not been publicly announced.

Apr 20, 2013

Media, old and new, takes heat for Boston coverage

April 19 (Reuters) – Around 7 p.m. on Thursday night, social
media sites like Twitter and Reddit lit up with a sensational
rumor: that Sunil Tripathi, a student who had vanished weeks
ago, was one of the suspects accused of bombing the Boston
Marathon.

Several hours later, NBC News reported that the authorities
were actually seeking two brothers, Tamerlan and Dzhokhar
Tsarnaev, with no link to the missing student.

Apr 18, 2013

Twitter launches music app to deepen multimedia offering

SAN FRANCISCO (Reuters) – Twitter Inc launched a stand-alone music-streaming app on Wednesday, opening another front in the micromessaging service’s ambitious expansion into multimedia content.

The iPhone app, called #music, will recommend and stream songs based on who users follow on Twitter and artists’ recommendations. The songs will be streamed via Rdio and Spotify, the subscription-based music services, and iTunes, Apple Inc’s music store.

Apr 17, 2013

Twitter sharpens ad targeting by sifting through tweets

SAN FRANCISCO, April 17 (Reuters) – Twitter Inc on Wednesday
unveiled a new tool that allows marketers to disseminate
targeted messages based on the content of users’ tweets, a
technology that could help elevate Twitter’s effectiveness as an
advertiser to a rarefied level demonstrated only by digital
advertising leaders like Google Inc.

Twitter’s advertising business is relatively modest and is
likely to generate 2013 global revenue of under $600 million,
according to the consultancy eMarketer.

Apr 16, 2013

HP aims to revolutionize computers with motion-control technology

SAN FRANCISCO, April 16 (Reuters) – Computers controlled by
a swipe of the hand – a staple of science fiction flicks like
“Minority Report” – could soon hit the mass market as the result
of a new deal between Hewlett-Packard Co and a San
Francisco startup called Leap Motion.

As the world’s largest PC maker, HP’s move to embrace
motion-sensing technology could potentially change how people
interface with computers in the same way that Apple Inc
made touch-screen technology mainstream with the 2007 launch of
the iPhone – or when Apple first introduced the mouse to
consumers in 1983.

Apr 13, 2013

Uber to expand private ride-sharing service in major U.S. cities

SAN FRANCISCO (Reuters) – At various times in its short life, Uber, a service that allows users to hail black sedans on their smartphones, has been charged with licensing offenses in Toronto, declared illegal in New York, and served with cease-and-desist orders by regulators from California to Massachussetts.

But that history did not stop Uber Chief Executive Travis Kalanick from announcing plans Friday to expand into another business that’s been facing even more regulatory scrutiny: dispatching cars owned and operated by common citizens.

Apr 4, 2013

Facebook aims to take centerstage on Android phones

, April 4 (Reuters) – Facebook Inc
on Thursday unveiled its most ambitious attempt yet to enter
mobile computing without a phone of its own, introducing a new
app that replaces the home screen on some Android smartphones.

Called “Home,” the new software lets users comprehensively
modify Android, the popular mobile operating system developed by
Google, to prominently display their Facebook newsfeed
and messages on the home screens of a wide range of devices -
while hiding other apps.