African Web video service Iroko raises more funds, targets cable TV

July 16, 2012

A store in Nairobi, Kenya selling Nollywood movies (Photo: Reuters)

Iroko Partners, an online distributor of African movies and music, has raised another $2 million in its latest round of funding from a Swedish venture capital group as it seeks to take the service to cable and satellite TV partners in the U.S. and Europe.
The Lagos, Nigeria-based company raised the funds from Sweden’s Kinnevik, an early investor in Groupon Inc. Iroko previously raised $8 million from U.S.-based hedge fund Tiger Global in April as investors in emerging markets seek to tap into one of the fastest growing movie businesses in the world.

Video streaming, file sharing — bad for network security, good for security business

June 27, 2012

Palo Alto Networks, the network security company, that modernized the firewall with its web application inspection took a look at what people do at work by analyzing Internet traffic in over 2,000 organizations.

Tech wrap: New RIM CEO says no drastic change needed

January 23, 2012

RIM’s new CEO Thorsten Heins, who joined RIM in 2007 and previously served as a chief operating officer, said during a conference call that he would hone the current strategy rather than abandon it. “I don’t think that there is some drastic change needed. We are evolving … but this is not a seismic change,” Heins said. RIM’s U.S.-traded shares tumbled as investors wondered whether Heins could reverse the BlackBerry maker’s decline, closing the day down 8.5 percent.

Hear RIM’s new CEO. Then speak your mind.

January 23, 2012
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For many BlackBerry users and smartphone industry pundits, this Youtube video was their first close-up look at new Research in Motion CEO Thorsten Heins.

Tech wrap: Nokia throne in Samsung’s sights

January 10, 2012

Samsung CEO Choi Gee-sung told reporters in Las Vegas the company overtook Nokia in handset revenue terms in its latest reported quarter and was confident of topping the Finnish group in shipments this year. Samsung’s bullish forecast is in line with some analysts, including Royal Bank of Scotland, but on average analysts have expected Nokia to keep its lead on the market. According to the latest polls by Reuters, Nokia was expected to sell 418 million phones in 2011, versus Samsung’s 320 million, the gap narrowing this year to 388 million versus 359 million.

Samsung takes the Sony media route with ex-AOL, ex-YouTube hire

December 14, 2011

Samsung Galaxy tablets (Photo: Reuters)

Samsung, the South Korean consumer electronics giant, has spent most of the last two decades eating the lunch of rival Japanese electronics giant, Sony.  While Sony has had struggled with all types of existential debates and attacks at home and abroad including, the global hacker attack of its online network, Samsung has gone from strength to strength in setting the electronics agenda with its cutting edge  TVs, phones and tablets.

YouTube’s new look: Web surfing meets channel surfing

December 1, 2011

(Corrects earlier version to clarify YouTube has hundreds of thousands, not millions, of channels)

Disney comes to YouTube and Google TV

November 23, 2011

Photo: Reuters

When it comes to Hollywood movies and TV shows on the Web, all the focus is on Netflix, Hulu and even BlockBuster’s online ambitions. Yet YouTube, the daddy of the online video space with some 3.5 billion views a day,  has been quietly bulking up its traditional studio content. All this while there’s been a lot written about its $100 million investment to create hundreds of new cable channels of the future.

YouTube + Google+ = Engagement?

November 3, 2011

Google hasn’t had much trouble getting people to sign up for its Google+ social networking service. But getting people to come back every day and use the service as obsessively as they do with Facebook has been a trickier proposition.

Tech wrap: Apple hits new app download milestone

July 7, 2011

Apple customers sure like their apps. More than 15 billion applications have been downloaded from the App Store by iPhone, iPad and iPod Touch users since its launch in July 2008, according to new figures from the company.