posted Saturday Sep 26, 2009 by
This just boggles my mind. Twitter is 3 years old now and hasn't even generated any revenue let alone profit so WTF? Recently however founders Evan Williams and Biz Stone have managed to procure another cool $100,000,000 to finance its opperations over the next year. They had $55 million from one investor and just raised another $35 million from another although the identity of the investors is unknown but their two newest share holders are Insight Venture Partners and T. Rowe Price. I wonder if they had anything to do with it? The good news for twitter is that they won't have to sell out to a corporation and now have the ability to expand their employee base of 60, get more computers and work on their outage problems.
Ken Marlin, a technology investment banker in New York with Marlin & Associates, said,
This is a smart move by Twitter because it buys them more time to capitalize on their momentum and come up with a business plan.
Head of Sprint Nextel Corporation, Dan Hesse, has changed his mind. Originally against the idea, he now believes that phone exclusivity limits may not be such a bad thing.
Thursday, the Sprint Chief Executive stated that it is fair for the United States government to regulate whether a handset can be exclusive on a particular network. But how long will each exclusivity period be, is the question on every one's mind?
Hesse believes that exclusive carrier deals with handset vendors are crucial in drawing new customers and promoting competition in the mobile industry, but does think there should be a time limit on it. He, presumably along with most other competitors, hopes to lose less contract customers than last year, and having the latest, greatest product on the market is critical. In the upcoming months, we will see if more regulation is actually more beneficial to corporations like Sprint.
You know we're big on numbers here at PLuGHiTz Live! so we just had to inform you of the huge success of this slightly tweaked, three-year old console!
After hitting the shelves on the 1st of September, Sony achieved 1 million total sales worldwide of the PS3 Slim. They go on to say in their press release that the new PS3 is available at a "highly attractive recommended retail price of ... US$299 and €299, with an extremely streamlined form factor and a pre-installed 120GB Hard Disk Drive. Furthermore, the reduction of power consumption and fan noise as well as the casual appearance have also become drivers in attracting a larger and broader range of users."
Whenever there's good news in SonyLand, we feel we need to share it with you -- you know, considering there is a love/hate relationship between Sony and Jon. But in all fairness, I think this a huge step for Sony. They may have finally hit their stride on the next-gen product. With the further implementations of the PlayStation Home, this could be a very good thing. What do you guys think?
This is certainly something to be fearful of! Two words: chemical castration! Sounds painful huh? Well, in Poland there is a new law, recently approved, that would make it a requirement for pedophiles who violated certain laws to endure this seemingly painful procedure.
Poland's center-right government sponsored this law which would effect any criminal who was convicted of a crime involving the raping of children under the age of 15 or incest. Immediately after being released from prison, their treatments would begin, in hopes of lowering libido, or sex drive. No it's not actually physically removed, thank goodness! They would also have to undergo therapy to improve their mental state, and lower the chance of a crime being committed by the same person.
posted Saturday Sep 26, 2009 by
Google and AT&T have been at odds for a while now. It all started with Apple allegedly rejecting the Google Voice app because it would allow AT&T landline customers to make free long distance calls but AT&T denies this allegation. Things went a step further when AT&T wrote a letter to the FCC saying that they should investigate Google because Google Voice violates federal rules set in place by the FCC in 2007 that restricts phone companies from blocking consumer calls to adult chat lines and conference call services because consumers have the right to choose who they call.
In what seems to be a week of updates, Google's redacted FCC filing finally got published. You remember weeks ago when we talked about how the
FCC was investigating the Google Voice rejection from the Apple App Store. If you didn't read it, here's a quick recap. AT&T was quick to place the finger of blame upon Apple, which caused the FCC to file an investigation into the matter which also triggered a deeper look into wireless exclusivity. The FCC asked all three parties to respond. AT&T stayed its course, Google's filing was redacted and edited -- which seemed weird to us -- and Apple said it didn't reject the software. But they also stated they didn't accept it. So what the hell was going on? Turns out we found the (somewhat) missing puzzle piece.
Google's redacted filing
was finally published. Upon reading it, we found some rather interesting details. Google claims Apple's SVP of Worldwide Product Marketing, Phil Schiller personally rejected the application on July 7th in a phone call with Alan Eustace of Google for duplication of functionality.