Facebook's much anticipated initial public offering (IPO) turned out to be a pretty big disappointment, and things have only gotten worse since then. The social network's share price fell to $20.88 by the end of Wednesday's trading session, which is 45 percent below its IPO price of $38 and a new low price, dipping below the previous low of $21.61, which occurred a day earlier.
Bioware said it's adding a free-to-play (F2P) option to its online game Star Wars: The Old Republic this fall. The F2P option will give players access to each of the eight Star Wars character class storylines, which they can grind up to level 50. Bioware's pro bono mode will also include unlimited game access and new higher-level game content and features made available through individual purchases or via a subscription.
Giving the Web a sense of scale, a guy named Ruslan Enikeev plotted 350,000 of the most popular websites and 2 million links from 196 countries on a colorful, bubble filled map, forming a giant cluster viewers can zoom in and out of on a whim. As you get closer to any particular bubble, the web address it represents comes into view, or you can punch in an address in the search field and Scotty will beam you there.
Say goodbye to Hotmail (as you know it) and hello to Outlook.com, Microsoft's new personal email service that launched in preview form on Tuesday. To listen to Microsoft describe it, Outlook.com represents "the first major improvement to cloud mail in eight years," and is yet another reimagined cloud service as Windows 8 and Windows Phone 8 roll into view. It's "modern email designed for the next billion mailboxes." Marketing hype aside, just what exactly is Outlook.com all about?
In the second Back to the Future flick, Stephen Spielberg envisioned a future with flying cars, one that according to the date on the DeLorean's dashboard is just three years away. That gives GM and company several months to get on the ball, but in the meantime, there are still trains, planes, and land-based automobiles to get from point A to point B. Getting with the times not a moment too soon, Amtrak announced it's now accepting eTickets on all of its trains. Welcome to the Internet era, Amtrak.
Just three days after Mozilla released the final version of Firefox 14 to the general public, the browser maker announced that Firefox 15 is available to download in beta form. With Mozilla's rapid release schedule in place, you won't have to wait long for the new build to go gold. Just over a month, in fact, assuming Firefox 15 is released on August 28, 2012 as currently scheduled. Should you wait for the final build to upgrade?
Auction site eBay is rolling in riches as its online business continues to boom. Revenue for the second quarter ended June 30, 2012 spiked 23 percent year-over-year to $3.4 billion, eBay said. Second quarter income on a non-GAAP basis reached $730 million, up 16 percent compared to one year ago, while GAAP income hit $692 million. PayPal is a big reason why eBay is doing so well these days.
Panda Security had its head in the cloud long before it became vogue to do so, and today marks the launch of Panda Cloud Antivirus 2.0, a free cloud-based consumer antivirus service. There are several reasons to upgrade if you're rocking a previous build, including the fact that this new release is fully compatible with Microsoft's Windows 8 Release Preview. It also supposedly scans much faster than before.
It's been a 16-year run for Microsoft and NBC in a joint venture known as MSNBC.com, and that run is coming to a halt. Comcast, the parent company of NBC, has acquired Microsoft's 50 percent stake in the online interactive news site, paying a reported $300 million to gain full control of the digital business. As part of the deal, the site loses its MS tag and is now renamed to NBCNews.com.
Digg, at one time a superstar of the social news scene, has sold itself to Betanews for a rather paltry $500,000. That's not chump change, to be sure, but when sites and services like Instagram are trading hands for a billion dollars, well, half a million doesn't seem like much. It's a drop in the bucket compared to what Digg could have sold for just a few short years ago, before it was shoved aside by the likes of Facebook and Twitter in their rise to news sharing relevance.
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