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British Facebook hacker sentenced to eight months

by Nathan Pensky, February 17, 2012 | Comments

Authorities send a clear message to hackers: breach security and pay the price

Last April, a 26-year-old British student Glenn Mangham hacked Facebook's internal network from his bedroom at his parents house in Northern England, leading to a raid by Scotland Yard's e-crime's unit on June 2. Friday, Mangham was sentenced to eight months in prison, sending a clear message to others who would compromise the security of such online giants as Facebook. ...

Netflix reverses course; Offers DVD-only plan

by Nathan Pensky, February 17, 2012 | Comments

Ever since the Qwikster fiasco, Netflix has been scrambling to regain user trust

Ever since last year's Qwikster fiasco, online streaming video and mail DVD service Netflix has been bending over backward to regain consumers' trust. Friday's announcement that Netflix users could once again sign up for a DVD-only plan, without paying for their streaming service, is only the last in a string of moves cowtowing to user complaints. Since this morning's announcement ...

Video viewership on tablets doubles in Q4 2011

by Nathan Pensky, February 15, 2012 | Comments

Viewers of video on tablets were 45% more likely to complete at least 75% of videos played

Ooyala, a provider of digital video technology, analytics and services, released its Q4 2011 Video Index report Wednesday, which showed that people are watching videos on their tablets, smart phones, and connected TVs at unprecedented rates. Ooyala bases its quarterly reports on data collected from its more than 100 million viewers every month, to help publishers better understand audiences, increase viewership ...

Zynga partners with Slingo, edges up to social gambling

by Nathan Pensky, February 15, 2012 | Comments

Latest partnership signals all systems go for Zynga online gambling, provided US law changes

[Correction: We had originally stated that Zynga Slingo debuted Wednesday on Zynga's main site. It is actually debuting on Facebook.] Online social gaming company Zynga has been hinting at a move into online gambling for a while now. And as the company announces a partnership with slots and bingo developer Slingo, they've taken one step closer to letting users double-down ...

Zynga stock slammed 15%, after poorly-received Q4

by Nathan Pensky, February 15, 2012 | Comments

Outlook for 2012 remains the same, making shares too expensive for Wall Street liking

Shares of Zynga were slammed 15% to $12.27 Wednesday morning, after the popular social gaming company gave analysts little optimism about its outlook for this year. Zynga, which is responsible for such popular online games as Farmville, Citiville, and Petville,announced late Tuesday its first quarterly earnings report since going public last December, soundly beating analyst expectations. Zynga earned a Q4 operating profit ...

New iPad, iPhone likely to have 4G LTE

by Nathan Pensky, February 14, 2012 | Comments

Analysts expect that improved tech in new Apple devices will drive strong sales in 2012

As the teeming hordes of Apple fanatics wait patiently for next month's release of the iPad 3, one report has just made that wait a little bit harder. The new iPad 3 will run on AT&T and Verizon's 4G network, picking up LTE signals for lightning fast performance, says the Wall Street Journal, citing "people familiar with the matter." And ...

Zynga posts Q4 $311.2M revenue, beats expectations

by Nathan Pensky, February 14, 2012 | Comments

Zynga stock dropped 5% after report due to weak 2012 revenue projections

Social gaming company Zynga, which is responsible for such popular online games as Farmville, Citiville, and Petville, announced Tuesday its first quarterly earnings report since going public last December, soundly beating analyst expectations. Zynga earned a Q4 operating profit of 5 cents a share, with revenue up 59% from a year ago to $311.2 million. Leading into Tuesday's announcement, Zynga was ...

NFluence Media receives $3M for anonymous apps

by Nathan Pensky, February 14, 2012 | Comments

NFluence's first app dealBoard will offer daily deals without collecting any user personal data

Technology startup nFluence Media announced a $3 million series A funding round, with the investment led by Voyager Capital with contributions from the Alliance of Angels. After working stealth mode for two years, he tech media company will build applications that use anonymous profiles, operating on the idea of "consumers retaking control of the digital presence." Imagine that, a company that doesn't want your ...

Apple to allow deep FLA investigation of supply line

by Nathan Pensky, February 13, 2012 | Comments

By cooperating with these investigations, Apple becomes first tech FLA Participating Company

Apple and the Fair Labor Association (FLA) announced Monday that they would join in an unprecedented investigation into the company's supply and manufacturing line in response to continued outcry over reported unfair working conditions, notably labor infractions in factories of Apple supplier Foxconn in southern China. The FLA will independently assess practices along Apple's supply chain and report detailed findings ...

Matchbook receives $250k seed fund for bookmark app

by Nathan Pensky, February 13, 2012 | Comments

Matchbook's bookmark app has subtle social networking, for those unwilling to broadcast whereabouts

Bookmarking mobile app Matchbook announced a $250,000 funding from investors Quotidian Ventures and angel investor Rick Webb. It also launched a new feature for intent-based deals. Matchbook is a mobile app that allows users to make notes on their favorite restaurants, bars, and venues, then organize these notes on their mobile devices. Matchbook's new feature involves an integration with daily ...

Truveo out, Blinkx in for AOL video search

by Nathan Pensky, February 13, 2012 | Comments

Blinkx shares spiked this morning as the announcement of the AOL video search partnership broke

AOL announced Monday that it has partnered with Blinkx, to will replace Truveo as AOL's video search feature. The company announced that it will incorporate Blinkx's 35 million hours of content into its search engine. While being only the seventh highest used video search site on the Web, AOL still manages to bring in 450 million video views per month, according ...

Video game sales take a sharp dive in January 2012

by Nathan Pensky, February 10, 2012 | Comments

Are January's seriously low gaming sales due to a lack of new titles or are consoles out for good?

Don't look now but the traditional gaming console might be in trouble. A new study shows that sales of video games are down sharply in January 2012, as games debuting last month failed to strike gamers' collective fancy. New research from NPD Research Inc. has found that retail sales of video-game hardware, software and accessories in the US tumbled 34 percent ...

Gogo partners with HotelTonight for inflight booking

by Nathan Pensky, February 10, 2012 | Comments

Inflight Web provider Gogo teams with hotel booking app HotelTonight to help last minute travelers

Inflight Web company Gogo upped their game on Friday by announcing a partnership with hotel-booking mobile app HotelTonight, which enables the company to offer their users last minute hotel booking capabilities from their inflight platform. The service will be available to passengers flying to over 30 different US destinations, including New York, Boston, Chicago, San Francisco, Phoenix, and Las Vegas. Free ...

LinkedIn posts strong Q4, shares rocket 17%

by Nathan Pensky, February 10, 2012 | Comments

Unlike Groupon, LinkedIn has only gotten stronger since going public

While Groupon has continued to struggle since its IPO, another company that recently went public, LinkedIn, has experienced consistent growth. Shares of LinkedIn rocketed 17%, or $13, to $89.59, a day after LinkedIn announced late Thursday its Q4 2011 earnings and revenue report that handily exceeded expectations. “LinkedIn grew over 100% for the sixth consecutive quarter,” said LinkedIn CFO Steve Sordello, in ...

Americans watched 43.5B videos in 2011, up 44%

by Nathan Pensky, February 9, 2012 | Comments

Study projecting future tech trends show "Interest Graph" to be the next step in social networking

Six years after YouTube made watching video online cool, online video is starting to really take off. And, eight years after Facebook was founded, about 17% of all time spent online is on social networks. How the world has changed. All these findings come from the latest report from comScore, focusing on the digital future. First, findings showed that social ...

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