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To Protect Economy, China Sets Limits on Virtual Currency

Online transactions with virtual currency in online gaming has become so widespread in China that the government fears it will affect the actual economy, The New York Times reports. The country is currently one of the world's largest markets for massive multiplayer online games (MMOGs) like World of Warcraft; tens of millions of youth are reportedly trading virtual goods for real money or  [...]

Men Want Faster Downloads; Women Favor Usability

Men and women want websites to be easy to use overall, but men say fast downloading is their second-most-desired feature, while women value easy navigation and accessibility over speed, according to a recent web usability study from Southern Illinois University, announced by   [...]

Firefox Launches Beta Version of Mobile Browser

Web browser Mozilla Firefox launched a beta version of its mobile browser Fennec, reports TechCrunch. The mobile browser works only on the Nokia N810, but developers can also download it onto their PCs. Designed to maximize use of the limited screen space available on mobile phones, the Fennec brows  [...]

Apple's Wings Clipped By Recession

Apple's Mac business has slowed and is expected to shrink this quarter, reports Business Insider. Last year, Apple's March quarter Mac shipments grew 51% year-over-year. Financial analysts expects Apple's Mac unit shipments to drop 4% year-over-year this quarter to 2.2 million units. Several factors combine to stop the phenomenal growth it had last year: a huge drop in the PC   [...]

Pro Video Platform Provider Raises $1.6M in Series A

Tvinci, a Tel Aviv-based firm that specializes in customizable platforms for live and on-demand TV environments, has raised $1.6 million in Series A funding. Investors Zohar Gilon and Keidan Capital Group led the round. Tvinci targets mobile operators and pay-TV providers, but the company plans to expand its target demo to online publishers, ISPs and broadcast networks. Its offerings include a platform that supports interactive video, typically for professional 'net-based content. On th  [...]

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Data Vulnerability Plagues 44% of Retailer Wireless Devices

44% of the wireless devices used by retailers -- including laptops, mobile computers and barcode scanners -- could be compromised by data leaks and other security problems, according to the second annual Motorola AirDefense Retail Shopping Wireless Security Survey,   [...]

Concurrent-Running Apps on iPhone: Pros and Cons

Rising to the challenge proffered by rivals like Palm, whose iPhone-reminiscent Palm Pre lets users run apps concurrently, armchair speculators suggest Apple may develop similar technology for a future version of its mobile unit. The iPhone has been hailed as a boon to   [...]

Lucky's iPhone App Steers Ladies into Local Stores

Lucky, the Condé Nast publication about "shopping and style," released an iPhone application that lets shoppers locate a particular brand, color, and size of shoe in nearby stores. The Lucky at Your Service app taps into inventories of stores carrying the 70+ types of shoes listed in the magazine's March shoe guide, then narrows the search down to those with the model in stock. It then uses iPhone's GPS capability -- or an entered ZIP code -- to zero in on stores closest to the user,   [...]

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Ipsos: Hispanics Engage Online 'Often in Higher Numbers' than Average

US-based Hispanics are online in significant numbers. They are also taking full advantage of the internet as a primary tool for finding and contributing information, researching and making purchases, being entertained, and networking with others, according to recent research from Ipsos (v  [...]

Google, NASA to Launch Singularity University

Google, NASA and a number of other science and tech giants are combining forces to start a school, Singularity University. Its objective will be to solve "humanity's grand challenges" -- a manifesto reminiscent of the ambitious one Ezra Cornell posed for Cornell University: "I would found an institution where any person can find instruction in any study." Taking after the International Space University, the school avails a number of cutting-edge tech  [...]

State of the DTV Transition: Senate Approves Digital Delay

1-27-09: Senate Approves Digital TV Delay The Senate has voted to delay the transition to digital television - originally scheduled for Feb. 17 - until June 12, because some viewers are not yet ready for the switch. Similar legislation awaits action in the House, reports The New York Times (via  [...]

Only 6% of US Households Not Digital-TV Ready

Though an overwhelming majority of US households are ready for the changeover to all-digital television next month, 5.7% -- 6.5 million homes -- remain unprepared and would not be able to receive TV at all if the switch occurred today, reports The Nielsen Company.   [...]

MSFT Sags After Poor PC Sales, Frigid Ad Market

Poor PR surrounding Windows, depressed PC sales and a chill in the online ad market hurt Microsoft profits in the period ending December 31. In toto, sales rose 1.6% year-over-year (YOY), to $16.63   [...]

VC Funding Plummets 71% in Q4

Chilled by economic woe, fundraising efforts by US venture capitalists fell 71% in 4Q08, reports Forbes. Startups court venture capital (VC) funding in order to raise large amounts of money quickly enough to jump-start a new business. In exchange for the cash, VCs take a stake of the business itself, expecting to profit once the firm goes public or is sold. In the quarter ending December   [...]

PC Market Growth Plummets in Q4

Following roughly six years of growth, with the last five averaging 15% increases, worldwide PC shipments fell 0.4% year-on-year in the fourth quarter of 2008 (4Q08), according to IDC's Worldwide Quarterly PC Tracker, reports Retailer Daily. The slowdown was enough for a sequential decline of 2.5% from  [...]

House Approves Financing for Rural American Broadband Network

The House Appropriations Committee just approved financing up to $6 billion to develop broadband networks in rural America. "For every dollar invested in broadband, the economy sees a 10-fold return on that investment," the Committee preached. The $6 billion-for-broadband is part of an $825 billion stimulus package that was posed to Congress. Advocates for the bill remain cautiously celebratory. "Let's make sure the details are right," said Policy Director Ben Scott of Free Press. "Y  [...]

Melding Media Spawns Fragmented Communications Landscape

As Americans buy products, seek information, plan social lives, and make personal and business decisions, the lines between media channels in the 21st century are becoming increasingly blurred, according to a survey from Ketchum and the USC Annenberg Strategic Public Relations Center. The third annual US Media Myths & Realities survey was conducted in the US  [...]

In 2009, $0.88 of Every M&A Dollar Goes to Tech, Digital, Interactive Marketing

Mergers and acquisitions (M&A) deal value for media, information, marketing services and related technologies dropped to $33 billion in 2008. Meanwhile, activity in the sector suggested its "center of gravity" is shifting from large traditional media deals to mid-sized digital and data deals, reported (pdf) the Jordan, Edmiston Group, Inc. (JEGI) (  [...]

Seniors Use Technology, but Express More Frustration

Older consumers in their 50s, 60s and 70s use electronic gadgets at near-comparable rates to those in younger age segments, but report higher levels of frustration with their technological complexity, according to a study from TNS Compete and the Consumer Electronics Association (CEA). "Greying Gadgets: How Older Americans Shop for a  [...]

AP Apps Wed Engagement to TV

At the Consumer Electronics Show (CES) this week, the Associated Press (AP) launched two new applications that fuses web-based engagement to TV consumption. Both offerings operate on TVs optimized with Microsoft Mediaroom, a separate service that integrates interactive capabilities to television. AP's automated news ticker widget streams news headlines across the bottom of TV screens. Users can customize the headline categories most pertinent to them. To enable the ticker, th  [...]

Microsoft Pockets $1.5B from Controversial 'Vista Capable' Campaign

One expert posits that, in the months preceding Vista's 2007 debut, PCs deceptively labeled "Vista Capable" made Microsoft a cool $1.5 billion. The estimate comes from University of Washington economist Dr. Keith Leffler, who testified in an ongoing class-action lawsuit based on the claim that Microsoft deceived consumers to maintain PC sales volume. In April 2007, Microsoft was sued  [...]

AdMob Tracks iPhone App Downloads, Ad Conversions

Mobile ad firm AdMob launched Download Tracking for iPhone Apps, a means for marketers to monitor App Store conversion rates. Apple's App Store enables third-party developers to build, then sell, games and mobile services to iPhone and iPod touch users. By early December, the store surpassed three hundred million downloads. It went live in July. AdMob's  [...]

1 in 3 BB Storm Owners is Happy; iPhone Moves In on RIM Turf

Research In Motion (RIM) and Apple continue to dominate the consumer smartphone market. But market-share leader RIM must improve customer satisfaction and fix glitches with its new BlackBerry Storm in order to defend itself against   [...]

Tech Magnates Welcome Obama with Lavish (Financial) Support

Silicon Alley Insider compiled a list of tech icons that made sizable donations to Barack Obama's Presidential Inaugural Committee. Listed endorsers from Google averaged $25,000 each, while executive donors (and spouses) at Microsoft averaged $50,000. Just one Yahoo notable made the cut -- Associate General Counsel Laura Covington, who gave $10,  [...]

Thumbnail Lawsuit Lobbed at GOOG, APPL, MSFT

Networking firm Cygnus Systems has filed suit against Google, Microsoft and Apple, alleging the three giants violate a patent it owns on the use of file-preview icons (thumbnails) in operating systems.   [...]

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