posted Wednesday Feb 23, 2011 by Jon Wurm
PC gamers, go ahead and take a deep breath, and now let it out slowly. There is only a really good chance that Diablo III will find it's way to consoles, I promise. Blizzard dropped the hint last November and since then many veterans of the Diablo franchise have been waiting in anticipation to find out if one of the few remaining PC/Mac exclusive games will spread it's fiery, hellacious wings, and fly to other platforms. For hardened PC gaming veterans, it's not about holding on, it's about letting go.
To find out when we might see a console version on store shelves, hit the break.
Sony's cage has been shaken up a lot lately. First, George "Geohot" Hotz, or as we call him The Hotz, went after the PlayStation 3 after learning that they chose to remove OtherOS and other fun things out of the firmware. He disclosed security flaws and the PS3's security codes. It got so much attention that Microsoft started to take notice. Then a rare flub by Sony's fictionally named but not fictionally employed face of the PlayStation 3, Kevin Butler, when he accidently retweeted a post by user "exiva" that contained the PlayStation 3's METLDR root key, which jailbreaks the PS3 and allows you to use Homebrew. That tweet reached 70,000+ followers and was immediately taken down, but the effects have been tremendous.
Because of all this, Sony became very angry to the point where they wanted to get IP information of every person who saw the tweet or watched The Hotz' video on YouTube and wanted to take those people to court. They are even going after anyone who decides to talk about or distribute the first full jailbreak code. When the Internet decided to laugh at them for those insane ideas, they chose a different route.
Want to know what they're going to do if you don't play nice with their hardware? You do? Want to know how to circumvent what they're going to do? That's an even better reason to hit the break.
Zynga, one of the largest social gaming companies, has well over 80 million users and is best known for FarmVille, the WoW equivalent of social games. Despite their great success it seems that Zynga is close to bringing in another $250 million from big-time investors like Fidelity Investments, Morgan Stanley, and T. Rowe Price. According to Zynga, there is no need for the extra capital even after acquiring Challenge Games Inc and once they secure the $250 million, their valuation will fall somewhere between $7 and $10 billion.
To find out why they might even consider raising more outside capital, hit the break.
Not a lot of information here, but certainly a lot to discuss. We are more than a year out, but that hasn't stopped Sony Pictures from starting the teasing early. The next series of Spider-Man films will lose the generic title and go for a more classic-styled title: The Amazing Spider-Man. A good way to differentiate it from the last 3 films while giving us the hope of seeing a more classic storyline, as well.
In addition to the new title, we also get a shot at the new costume. This is the exact opposite of classic Spider-Man. It's sleek, it's stylish and it has a absolutely none of the homemade feel to it. It should be fun to see how Peter Parker pulls this one off, but unfortunately we will have to wait until the film's release, July 3, 2012.
Last year Foxconn brought some unwanted attention to Apple with a string of strange deaths that occurred at one of its productions facilities. Apple looked into incidents and discovered some employees were overworked but dismissed the other complaints. Apple also supported Foxconn with their unusual efforts to prevent more employee mistreatments. Apple's annual supplier responsibility report has raised concern with Chinese environmental groups and the media which has generated some tension between Apple, the media and suppliers.
What will this souring relationship mean and what can Apple do about it? To find out, hit the break.
A couple of weeks ago we were confused when we learned that after a huge redesign and content focus shift of Myspace (little m, big space), that the company, owned by News Corp., was laying off several hundred of its employees. This week we uncovered the answer: News Corp. is done with Myspace. Their COO Chase Carey announced that they are "actively engaged" in talks regarding "strategic alternatives". I read between the lines.
The interesting thing about this is that he mentioned it in an earning call and not during your usual press conference or through a press release. When one of the market analysts asked for an estimated loss projection for Myspace, Carey simply reiterated the same sentence. Basically, they are shopping around for offers.
With a new content focus and structure in place, we believe now is the right time for News Corp. to consider strategic options. We have seen some encouraging traffic metrics in the last several weeks. However, we recognize that the plan to allow MySpace to reach its full potential may be best under a new ownership structure.
For more on the breakup, follow the break.