Daily Archives: July 7, 2011

LG cuts smartphone targets in wake of Apple and Samsung success

July 7, 2011

Electronics giant LG has been forced to cut its smartphone and handset targets after its Optimus line of Android and Windows Phone handsets failed to mount a serious challenge against Apple’s iPhone and Samsung’s Galaxy S range, Reuters reports. The world’s number three handset vendor will lower its smartphone targets from 30 million units...

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This Company May Have Cracked The Code On Social Payments (ACOM)

July 7, 2011
This Company May Have Cracked The Code On Social Payments (ACOM)

Image: Team Tanenbaum via Flickr The big genealogy site MyHeritage may have cracked the code on social payments, a report in AllThingsD suggests. Believe it or not, genealogy is a big business online. Ancestry.com has a market cap around $2 billion and MyHeritage is huge.  The site makes money from advertising and premium subscriptions...

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Exec: Wii U Arriving After April 1, 2012

July 7, 2011
Exec: Wii U Arriving After April 1, 2012

Although his statement could be an elaborate prima aprilis prank, Nintendo COO Reggie Fils-Aime stated that the Wii U would be arriving after April 1, 2012 and would co-exist on the market alongside the Wii, DSi, and 3DS. In a Forbes interview Fils-Aime said that the two major Nintendo consoles would be on the...

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Apple denied Amazon “Appstore” injunction

July 7, 2011

Apple has failed in its attempt to restrict Amazon from using the term “Appstore” to name its Android application marketplace, after a federal judge ruled that Apple had not provided enough evidence suggest the retailer’s use of the term confused consumers. Judge Phyllis Hamilton, filing an 18-page opinion, denied Apple’s request for a preliminary...

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HEY, JUSTIN: Tom From MySpace Wants To Talk

July 7, 2011
HEY, JUSTIN: Tom From MySpace Wants To Talk

Tom Anderson, famous for being friends with every new user on MySpace, just sent a funny tweet to Justin Timberlake. Timberlake is now a shareholder and advisor to MySpace since it was sold off to an ad network. And Tom stil has some good ideas about social networking; he’s made some very interesting comments...

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Josh Harris Takes His Wired City To Kickstarter

July 7, 2011
Josh Harris Takes His Wired City To Kickstarter

For the past year, Josh Harris has been trying to get funding for his Wired City concept. It’s a crowdsourced Internet TV station where all the viewers are also the broadcasters, multicasting to each other and the World Wide Web. If this sounds a little like the documentary movie We Live In Public that...

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The spark for a green web movement: extreme weather

July 7, 2011
The spark for a green web movement: extreme weather

Ever since GigaOM launched a focus on greentech about four years ago, I’ve been waiting for some kind of social network or web movement to emerge that can effectively galvanize people around either green policies, the use of green technology or more sustainable lifestyles. So, now I’m wondering if the spark that could help...

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