One year after its launch, Blue Jeans Network has expanded the reach of its interoperable videoconferencing service and secured a third round of funding worth $25 million.
In his first appearance at the World Wide Developer’s Conference as spiritual leader of the Apple faithful, CEO Tim Cook made it clear that he intends to not just further Steve Job’s vision but expand upon it. It’s never been more clear that Apple is intent on world domination.
It’s no secret that Samsung’s flagship Galaxy smartphones are leading the Android-powered pack of handsets. What may be less obvious is just how quickly the company is closing in on Apple’s title of world’s biggest smartphone vendor in unit terms. Samsung announced on Friday it expects its third-quarter profit to top even the most bullish market forecasts, driven in large part by booming smartphone sales. “The Galaxy S II probably played a key role in boosting the company’s earnings and it will continue to do so pretty much unchallenged, until Apple unveils a better new version of iPhone,” said Kyung Woo-hyun, a fund manager at Daishin Asset Management.
Hewlett-Packard has finally discovered the magic price point for its TouchPad tablet: $99. The tech giant announced the new low price for the 16 GB model of the recently discontinued device over the weekend, also dropping the price for its 32 GB version to $149. Retailers such as Best Buy, Staples and Walmart followed HP’s lead by offering TouchPad fire sales of their own.
Social media junkies pining for an invite to try out Google+ will have to wait a little bit longer. Google decided to temporarily stop inviting users to join its new social network less than two days after it launched the service. What gives? “Insane demand. We want to do this carefully, and in a controlled way,” a Google engineering executive said in a Google+ post on Wednesday night. A company spokeswoman contacted by Reuters declined to say whether the company had resumed invites on Thursday.
Twitter confirmed that it has bought TweetDeck, a popular third-party software application that organizes tweets, the short messages delivered through the online social network. Terms were not disclosed but a source told Reuters earlier this month that a deal for up to $50 million was imminent.
Mere days after Sony began restoring access to its PlayStation Network, the company said it had discovered a security flaw on one of the websites set up to help the millions of users affected by April’s massive data breach reset their passwords.
Microsoft’s move to buy money-losing Internet phone service Skype for $8.5 billion was immediately skewered by critics and investors, who questioned the logic of the deal and suggested the software giant is paying far too much. The price is about double the expected value of Skype if it had gone ahead with its planned IPO.