According to a regulatory filing, Google Chairman Eric Schmidt
plans to sell as much as dollarsignr1.5 billion in Google stock
over the course of the year as part of a trading plan adopted in
November. The sale of up to 2.4 million shares would cut his
ownership stake to about 2.1 percent from 2.8 percent.
Date Published: Feb 17, 2012 - 5:10 pm
Investors in Philip Falcone's Harbinger Capital Partners sued the
fund and Mr. Falcone on Friday, saying the "all in" investment in
wireless startup LightSquared Inc. squandered billions of dollars.
Date Published: Feb 17, 2012 - 4:55 pm
Groupon has acquired Hyperpublic, a New York-based start-up that
provides location-based information developers can use to build
their own applications. Hyperpublic, which raised a dollarsignr1.15
million seed round in 2010, announced the deal on its own site, but
didn't disclose a purchase price. CEO Jordan Cooper says some of
the company's 10 employees will move on to Groupon, and that he'll
work for the daily deals company in some capacity. But he says
he'll also continue on at his other job, as a general partner at
Lerer Ventures.
Date Published: Feb 17, 2012 - 4:23 pm
When linguist David Harrison first encountered the speakers of
Matukar Panau, the language existed among only 600 people in two
small villages in the hills of Papua New Guinea. Now there is a
place on the Web that speaks in their voice.
Date Published: Feb 17, 2012 - 3:57 pm
Shares of Brightcove, provider of cloud-based video publishing
services, were welcomed onto the market in their first day of
trading today. The company priced 5 million shares at
dollarsignr11, and the stock finished the day at dollarsignr14.30,
up 30 percent.
Date Published: Feb 17, 2012 - 2:48 pm
It’s difficult for users to stop Web trackers that take advantage
of a loophole in Apple’s Safari browser -- at least for now
Date Published: Feb 17, 2012 - 2:17 pm
If you're hoping Microsoft might someday release a version of
Office for Apple's iPad, prepare to be disappointed.
Date Published: Feb 17, 2012 - 1:27 pm
According to a brief from comScore, total U.S. online spending in
January -- including retail and travel -- grew 13 percent year over
year to dollarsignr23 billion, compared to 11 percent in December.
Both months were pointing slightly downward from fourth-quarter
online spending, which saw 14 percent year-over-year growth, but
Citi analyst Mark Mahaney said in a note that he sees overall
positive trends ahead in e-commerce, with the possibility of seeing
pre-recession 20 percent growth rates. Key segments contributing to
January's overall growth included online sales of computer
software, jewelry and watches, and home electronics.
Date Published: Feb 17, 2012 - 12:50 pm
Hollywood veteran Brian Robbins has a new production studio under
construction and 35 shows in development. There's a sitcom set in a
high-school bathroom, a talk show modeled on "The View" but hosted
by young Twitter celebrities and a series about an outlandish teen
wrestling league.
Date Published: Feb 17, 2012 - 12:31 pm
The No. 3 U.S. carrier says it expects its overall workforce to
remain at around 40,000 and notes it is still hiring in some areas.
Date Published: Feb 17, 2012 - 12:05 pm
Whitney Houston's funeral -- scheduled for Saturday in New Jersey
with 1,500 invited guests, including a smattering of celebrities,
expected to attend -- will be available for real-time viewing on
the Web through the Associated Press's AP Live Web site, CNN
reports. The last livestreamed megacelebrity funeral in recent
memory was that of Michael Jackson, who died in July 2009. That Web
broadcast spiked Web traffic by 19 percent.
Date Published: Feb 17, 2012 - 11:52 am
This is like the movie "Groundhog Day," except not nearly as funny.
Date Published: Feb 17, 2012 - 11:35 am
"The New Yorker -- you roll it up, you put it in your bag. It’s
quite easy; it’s pretty good technology."
Date Published: Feb 17, 2012 - 11:07 am
Rovio announces Angry Birds Space, the next installation of its
flagship game series, due next month.
Date Published: Feb 17, 2012 - 10:25 am
Proview threatens to sue Apple for billions of dollars over the
iPad trademark.
Date Published: Feb 17, 2012 - 10:07 am