Some see e-readers as the poor cousin to more glamorous tablets, but that may soon be about to change. Billionaire media mogul John Malone, whose Liberty Media owns DirecTV Group and the QVC shopping channel, may be interested in buying the Barnes & Noble chain specifically for its Nook e-reader, according to a person familiar with the company’s thinking behind the deal.
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.
Research in Motion shares neared a two-year low after the BlackBerry maker said it has recalled about 1,000 of its Playbook tablets due to an operating system bug. Most of the devices affected remain in the distribution channel and haven’t yet been sold to customers, the Canadian company said in a statement posted on CrackBerry.com.
Sony cranked up its video game networks over the weekend starting with the Americas after an unprecedented breach led to the theft of personal information from more than 100 million user accounts. But experts continued to criticize the Japanese electronics giant for failing to plug other potential holes in its vast global network.
Facebook admitted to hiring PR firm Burson-Marsteller to plant negative stories about Google, The Daily Beast reported. Burson urged journalists to investigate claims that Google was invading people’s privacy and offered to help privacy advocate Christopher Soghoian write an op-ed on the matter for national newspapers. The plot backfired when Soghoian rejected Burson’s offer and posted online an email exchange between them.
Google took the wraps off two Chromebook laptop PCs after nearly two years of delays and touts of its Chrome operating system as an alternative to Microsoft Windows. Samsung and Acer laptops using Chrome OS will go on sale June 15, as the world’s No. 1 Internet search engine tries to entice people to do more on the Web. As with Android, Chrome software will be free, but is expected to spur people to use the Internet more often and search for more things, potentially boosting Google’s Internet ads business.
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.
Sony CEO Howard Stringer broke his silence on the biggest Internet security break-in ever, apologizing to users of the PlayStation Network and other online services. Stringer did not specify when services would resume.
Facebook and Google are separately considering a tie-up with Skype after the Web video conferencing service delayed its initial public offering, two sources with direct knowledge of the discussions told Reuters. A Skype deal could be valued at $3 billion to $4 billion, the first source said. The discussions are in early stages, and it is not clear which option the companies favor, the first two sources said.
Sony said that its video game network was breached at the same time it was defending itself against a major denial of service attack by the well-known Internet vigilante group Anonymous. The group attacked the two credit card companies with “denial of service” attacks in December that overwhelmed their servers for blocking payments to WikiLeaks. The company also said it waited two days after discovering data was stolen from its PlayStation game network before contacting law enforcement and didn’t meet with FBI officials until five days later. The theft prompted the Justice Department to open an investigation, officials said on Wednesday.