Why News Sites Get Lonely
Why Microsoft Is Buying Skype for $8.5 Billion
On the Floor Laughing: Traders Are Having a New Kind of Fun
Is 'Open' Killing the Android?
Twitter and Facebook Both Quietly Kill RSS, Completely
Twitter Outings Undermine "Super Injunctions"
Why Is Social Media Still News?
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Tuesday, May 10, 2011
Sprint and the Media Access Project apologized late Tuesday for an ad that used an image of a man in a dress to argue that the proposed AT&T-T-Mobile merger “makes sense if you don’t think about it.” Read More »
Google Takes $500M Charge Related to DOJ Ad Probe
Google’s latest 10-Q filing with the SEC became public today and revealed the company had taken a previously undisclosed $500 million charge in the quarter that ended March 31 “in connection with a potential resolution of an investigation by the United States Department of Justice into the use of Google advertising by certain advertisers.” No further elaboration was forthcoming.
As Microsoft’s PR majordomo Frank Shaw has pointed out correctly, BoomTown is slipping.
But, after a day of big news, the Google I/O mosh pit and a root canal, please forgive me for being late in getting you the internal memo from Microsoft CEO Steve Ballmer to the software giant’s employees about the acquisition of Skype for $8.5 billion in cash that was announced today. Read More »
A 400 Percent Increase in Android Malware? Way to Capitalize on Today’s I/O Keynote, Juniper.
Disturbing news from Juniper Networks on this first day of Google I/O: Mobile security vulnerabilities have hit an all-time high–particularly in the Android ecosystem. According to Juniper, Android malware attacks have increased 400 percent from the summer of 2010. An unsettling metric, and not just for Android fans. This surge in security threats is being driven largely by an increase in mobile application downloads, which seems to be the attack vector of choice. So really, anyone with a smartphone capable of running apps is a potential target.
Microsoft already owns a streaming music service (remember Zune?). Now it’s buying a company with ties to another one. That’s one music service too many. Read More »
Millions of Kids Are Sneaking on Facebook
While Facebook requires users to be at least 13, Consumer Reports projects that an estimated 7.5 million kids are lying about their age so they can use the service, and five million of those kids are age 10 and under. The magazine notes that children may be exposed to privacy and security risks, and tsk-tsks, “What’s even more troubling was the finding from our survey that indicated that a majority of parents of kids 10 and under seemed largely unconcerned by their children’s use of the site.” Facebook, for its part, spun the news by thanking such reports for bringing attention to the issue.
QOTD: You Mean Google-Assisted Suicide? 
Most companies don’t get murdered, they commit suicide.
– EDventure’s Esther Dyson on Twitter
AT&T CEO Randall Stephenson will appear before the Senate Judiciary Committee tomorrow to testify that his company’s proposed $39 billion takeover of T-Mobile is a good thing for everybody. Read More »
BoomTown has scrambled the minions over at SurveyMonkey and commissioned this official poll to give the new Microsoft-Skype entity a snark-tastic new nickname.
Please make your choice, so we can get on with making fun of the $8.5 billion deal for the Internet telephony and voice communications service ASAP with the best possible moniker! Read More »
With criticism that Google is exerting too much control over Android, Andy Rubin is pressed on what he means when he says that the platform is open.
There is a difference, Rubin said, between releasing the code as open source and having a community-driven project. Android is definitely doing the former, but the latter, not so much. Read More »
To hear tell from Microsoft CEO Steve Ballmer, there’s a lot to be happy about in its $8.5 billion acquisition of Skype, despite that heady price tag. Wall Street isn’t so sure. A first barrage of reactions from analysts this morning reveals mixed sentiments on the audacious deal. Read More »
According to sources close to the situation, social buying phenom Groupon was pressing to file for its expected IPO as soon as this week, even before its bankers had a chance to complexify the situation.
Sources said CEO Andrew Mason and others at the company were pushing for a filing immediately, but that the Chicago start-up has decided to wait a bit–though not long–to get all its investment banking ducks in a row. Read More »
The next major version of Android is designed to bring together the Honeycomb tablet and Gingerbread phone versions into a single software release that can power all manner of devices. Read More »
After Google demoed all sorts of futuristic applications and Android devices on the first day of Google I/O, the company’s top mobile and development executives accepted questions from the press. Read More »
Google announces the imminent release of an update to its Honeycomb tablet operating system as well as plans for Ice Cream Sandwich–the next major release of Android.
Ice Cream Sandwich is designed to re-unify the tablet and phone versions of the operating system. Down the road, Google has plans for Android to invade the home as well. Read More »
Google used its opening day to talk about Android’s present and future, announcing an update to the Honeycomb tablet OS as well as Ice Cream Sandwich, the next major release of the operating system which will unify Google’s tablet, TV and phone operating systems.
The company also showed futuristic plans for the home in which an Android device could control everything from the lights to the washing machine to an alarm clock. Read More »
With its shares slipping on news of its $8.5 billion acquisition of Internet phone company Skype, Microsoft held a press conference Tuesday morning to explain the deal, which is valued at about 10 times Skype’s 2010 revenue. Read More »
Execs from Apple and Google faced a bit of a grilling from Senators, including former SNL comic Al Franken, around the how and when they collect location data from smartphones. They got at least a few surprises. Read More »
Funzio, the social game developer known for its Crime City game on Facebook, has raised $20 million in a first round of funding to support aggressive growth plans that include tripling its team this year. Read More »
Part of Skype’s strategy was to grow its enterprise business, but worries about its stability had prevented CIOs from trusting it. Microsoft can fix that. Read More »
Earlier Posts
- Elvis, Muhammad Ali and American Idol Sold For $509 Million on MediaMemo
- Irony Alert: Marc Andreessen Talks About Microsoft Forking Over $8.5B for Skype on BoomTown
- Latest Treasure Is Location Data on Voices
- Warner Music Rewards New Owner With Decent Quarter on MediaMemo
- Microsoft Buys Skype on Voices
- Done Deal: Microsoft to Buy Skype for $8.5 Billion in Cash on BoomTown
- Clearspring Raises $20M for Audience Data and Gobbling Up Start-ups on NetworkEffect
- HotelTonight Raises $3.25 Million for Last Minute Hotel-Booking App on eMoney
- Analyst: Apple’s Old Stuff Outsells Android’s New Stuff on Digital Daily
- Required Reading: What to Know Ahead of Today’s Apple/Google Hearing on Mobilized
Smartphone Fit for Palms and Palm Fans
For its first out-of-the-gate smartphone since acquiring Palm, H-P is starting really small. Katie reviews the HP Veer 4G, which has the surface area of a credit card and the thickness of a deck of playing cards. Read More »
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