Tech Business
Facebook shares dive to record low under $30
Tech Business
Written by Danrok   
Tuesday, 29 May 2012 17:04

Over-priced at launch, but is Facebook over-rated?

Around lunch time today, in the US, the Facebook share price dipped to about $29.50 after large volumes of shares were traded on NASDAQ.

That's a big fall from the initial IPO price which valued the company at around $100bn, if only momentarily.  Today's price puts the value of Facebook at about $63bn.

But, how much is it really worth, and will it go the same way as MySpace?

Read more...
 
ZX Spectrum's chief designers reunited 30 years on
Tech Business
Written by Danrok   
Monday, 23 April 2012 22:42

From the BBC:

The ZX Spectrum is 30 years old. The successor to Sir Clive Sinclair's ZX81 - at the time the world's best selling consumer computer - it introduced colour "high resolution" graphics and sound.

It also offered an extended version of Sinclair Basic, a computer language with which hundreds of thousands of users were already familiar.

Read more...
 
Facebook's Instagram deal: Can one app be worth $1bn?
Tech Business
Written by Danrok   
Tuesday, 10 April 2012 16:41

From the BBC:

One billion US dollars is a tidy sum of money.

It would buy you some some 2,100 Rolls Royce Phantoms. Or 200 million mosquito nets to fight malaria. Or the whole of the New York Times company (with $50m change to spare). If you are Microsoft, it buys you some 800 AOL patents to fight the next patent war.

Read more...
 
Megaupload takedown a "death sentence without trial," says Kim Dotcom
Tech Business
Written by Danrok   
Thursday, 01 March 2012 21:18

From ArsTechnica:

In his first extensive interview since leaving a New Zealand prison on bail, Megaupload founder Kim Dotcom (read our in-depth profile) describes himself as a family man with a "big kid inside me" who is looking for "happiness and nature and peace" for his family. Sure, he used to drive in crazy road races and style himself “Dr. Evil” and hire lavish yachts, but those days are a decade behind him now.

Read more...
 
German company Caseking has acquired Overclockers UK in a takeover
Tech Business
Written by Danrok   
Wednesday, 08 February 2012 18:40

From eTeknix:

The large German computer hardware retailer Caseking have taken control of the British firm Overclockers. Overclockers UK have long been one of the biggest sellers of computer hardware in the UK alongside the likes of Ebuyer, Scan Computers International, Novatech and Aria PC. Overclockers UK have been around since 1999 and have their HQ up in Newcastle-under-lyme. The takeover deal affects 40 members of staff at Overclockers UK although nothing yet is known on what this deal will mean for Overclockers UK and its employees. The value of the deal has not been disclosed but it is estimated to be in the ‘less than €50 million’ region. The deal took place on February the 1st 2012 and both companies have kept relatively quiet about it.

[Source...]

[Comments...]

 
More Megaupload fallout: FileServe shutters file-sharing service
Tech Business
Written by Danrok   
Tuesday, 24 January 2012 19:32

From ArsTechnica:

The impact of Megaupload's shutdown on other file hosting sites is spreading. Just as FileSonic recently disabled file sharing, presumably to avoid prosecution for enabling illegal distribution of copyrighted material, the site FileServe has now done the same.

Read more...
 
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