May
17th
Verizon Reveals Plan to Shift Customers Away from Unlimited Data Plans
By Mike Goldman
Verizon Reveals Plan to Shift Customers Away from
Unlimited Data Plans
Verizon Wireless announced late Wednesday that it is gradually doing away with unlimited data plans, even for existing customers who have been on the plans for years. The company stopped offering the unlimited plans to new customers about a year ago, but existing customers were allowed to continue with their same unlimited plans, even when they upgraded to new phones and signed new contracts. But starting this summer, those customers will be shifted into one of Verizon's tiered data plans upon renewal or upgrade.
Verizon Wireless announced late Wednesday that it is gradually doing away with unlimited data plans, even for existing customers who have been on the plans for years. The company stopped offering the unlimited plans to new customers about a year ago, but existing customers were allowed to continue with their same unlimited plans, even when they upgraded to new phones and signed new contracts. But starting this summer, those customers will be shifted into one of Verizon's tiered data plans upon renewal or upgrade.
May
14th
Rovio Unveils Angry Birds Successor, Amazing Alex
By Ronnie
Rovio Unveils Angry Birds Successor, Amazing
Alex
Angry Birds developer Rovio released some details Monday about its new title, which it hopes to have ready sometime in the next two month. Titled “Amazing Alex,” the game is physics based, like Angry Birds, featuring strange machines like those designed by Rube Goldberg built by the title character. The game is actually a rebranded version of “Casey's Contraptions,” a game developed by developers Noel Llopis and Miguel A. Friginal that Rovio acquired in the first week of May.
Angry Birds developer Rovio released some details Monday about its new title, which it hopes to have ready sometime in the next two month. Titled “Amazing Alex,” the game is physics based, like Angry Birds, featuring strange machines like those designed by Rube Goldberg built by the title character. The game is actually a rebranded version of “Casey's Contraptions,” a game developed by developers Noel Llopis and Miguel A. Friginal that Rovio acquired in the first week of May.
May
14th
LightSquared Files Bankruptcy
By Dave Simmons
LightSquared Files Bankruptcy
LightSquared filed for bankruptcy protection on Monday after failing to reach an agreement with creditors on its outstanding debt. The move has been widely expected since the would-be wireless carrier was denied regulatory approval to turn on its network, which brought an end to its $9 billion partnership with Sprint Nextel. The Chapter 11 bankruptcy filing was made in the Southern District Court of New York, after creditors holding debt belonging to chief LightSquared investor Philip Falcone was unable to receive a waiver on debt payments.
LightSquared filed for bankruptcy protection on Monday after failing to reach an agreement with creditors on its outstanding debt. The move has been widely expected since the would-be wireless carrier was denied regulatory approval to turn on its network, which brought an end to its $9 billion partnership with Sprint Nextel. The Chapter 11 bankruptcy filing was made in the Southern District Court of New York, after creditors holding debt belonging to chief LightSquared investor Philip Falcone was unable to receive a waiver on debt payments.
May
14th
Groupon Shares Surge Ahead of and After Report of 1Q Profit
By Frank Galvano
Groupon Shares Surge Ahead of and After Report of 1Q
Profit
Shares of Groupon Inc. rose the most in a single day in the company's brief public history Monday as shares surged 18 percent in regular trading, then spiked another 18 percent after the market closed and the daily deals leader posted a quarterly profit for the first time. The results were well ahead of Wall Street expectations as Groupon managed to add both customers and merchants and slash costs, particularly advertising dollars. Of course, even with Monday's gain, shares at still trading at just $13.77, well below the stock's $20 IPO price tag.
Shares of Groupon Inc. rose the most in a single day in the company's brief public history Monday as shares surged 18 percent in regular trading, then spiked another 18 percent after the market closed and the daily deals leader posted a quarterly profit for the first time. The results were well ahead of Wall Street expectations as Groupon managed to add both customers and merchants and slash costs, particularly advertising dollars. Of course, even with Monday's gain, shares at still trading at just $13.77, well below the stock's $20 IPO price tag.
May
10th
IRS Set to Bring In $4 Billion from Facebook IPO
By Frank Galvano
IRS Set to Bring In $4 Billion from Facebook IPO
While investors and employees of Facebook are licking their chops in anticipation of the public trading debut of the world's largest social network, tax authorities from the Federal and US governments are anticipating the May 18th IPO, as it will trigger the divestiture of employee stock options that will bring in more than $4 billion in taxes. According to one estimate, Facebook's 3,500-plus employees will be liable for an average of about $1.1 million. On the bright side, the staffers won't have to worry about paying the tax bill themselves, as the company will withhold enough stock from each employee to cover the taxes and handle the payment for them.
While investors and employees of Facebook are licking their chops in anticipation of the public trading debut of the world's largest social network, tax authorities from the Federal and US governments are anticipating the May 18th IPO, as it will trigger the divestiture of employee stock options that will bring in more than $4 billion in taxes. According to one estimate, Facebook's 3,500-plus employees will be liable for an average of about $1.1 million. On the bright side, the staffers won't have to worry about paying the tax bill themselves, as the company will withhold enough stock from each employee to cover the taxes and handle the payment for them.
May
7th
Rovio Getting Closer to Launching IPO
By Ronnie
Rovio Getting Closer to Launching IPO
Rovio Entertainment, the Finnish software developer responsible for the mega-popular game Angry Birds, indicated on Monday that its finances are in solid enough shape to begin considering an initial public offering. The company said that sales increased tenfold last year to more than $100 million as mobile gamers rushed to download its latest games. The company has been valued by some analysts at as much as $9 billion, which would make it as big a company as the world's No. 2 phonemaker, Nokia.
Rovio Entertainment, the Finnish software developer responsible for the mega-popular game Angry Birds, indicated on Monday that its finances are in solid enough shape to begin considering an initial public offering. The company said that sales increased tenfold last year to more than $100 million as mobile gamers rushed to download its latest games. The company has been valued by some analysts at as much as $9 billion, which would make it as big a company as the world's No. 2 phonemaker, Nokia.
May
4th
Yahoo CEO Accused of Resume Padding
By Dave Simmons
Yahoo CEO Accused of Resume Padding
Hedge Fund Third Point and its founder Daniel Loeb increased their pressure on Yahoo to shake up its board of directors on Thursday by accusing the struggling Internet giant's CEO Scott Thompson of lying on his resume. Loeb contends that Thompson never received a bachelor's degree in computer science from Stonehill College, as his biography on the Yahoo website contends.
Hedge Fund Third Point and its founder Daniel Loeb increased their pressure on Yahoo to shake up its board of directors on Thursday by accusing the struggling Internet giant's CEO Scott Thompson of lying on his resume. Loeb contends that Thompson never received a bachelor's degree in computer science from Stonehill College, as his biography on the Yahoo website contends.
May
4th
Facebook Sets Price Range for IPO
By Frank Galvano
Facebook Sets Price Range for IPO
A sigh of relief could be heard on Thursday from investors and tech industry watchers around the globe as the world's largest social network finally set a price range for its impending initial public offering. The company also increased the maximum size of the offering, currently in line for a May 18th launch, to $13.6 billion, nearly 3 times the $5 billion target from its initial estimate. The Menlo Park, California company set a price range of $28 to $35 a share for its stock, which will trade on the Nasdaq stock exchange under the ticker symbol “FB.”
A sigh of relief could be heard on Thursday from investors and tech industry watchers around the globe as the world's largest social network finally set a price range for its impending initial public offering. The company also increased the maximum size of the offering, currently in line for a May 18th launch, to $13.6 billion, nearly 3 times the $5 billion target from its initial estimate. The Menlo Park, California company set a price range of $28 to $35 a share for its stock, which will trade on the Nasdaq stock exchange under the ticker symbol “FB.”
May
3rd
"Call of Duty: Black Ops 2" Trailer Lures 7.5 Million Views in 2 Days
By Ronnie
“Call of Duty: Black Ops 2” Trailer Lures 7.5 Million
Views in 2 Days
Activision debuted a new trailer on Tuesday for its much anticipated video game sequel, “Call of Duty: Black Ops 2.” In less than 48 hours, the clip has already seen more than 7.5 million views, showing the interest is high for the game, even though it won't hit stores until November 18th. The original “Call of Duty: Black Ops” title is the best-selling video game in the United States ever.
Activision debuted a new trailer on Tuesday for its much anticipated video game sequel, “Call of Duty: Black Ops 2.” In less than 48 hours, the clip has already seen more than 7.5 million views, showing the interest is high for the game, even though it won't hit stores until November 18th. The original “Call of Duty: Black Ops” title is the best-selling video game in the United States ever.
May
3rd
Microsoft To Sell Xbox 360 Bundle for $99
By Betty
Microsoft To Sell Xbox 360 Bundle for
$99
Microsoft on Thursday unveiled an innovative new program designed to boost membership in its Xbox Live online gaming service by offering a game console bundle for $99 in exchange for buyers signing a two-year service agreement. The agreement is similar to the discounts wireless phone service carriers offer on phones to lock in subscribers for two years at a time, but is the first time a game console has been subsidized in exchange for a service commitment.
Microsoft on Thursday unveiled an innovative new program designed to boost membership in its Xbox Live online gaming service by offering a game console bundle for $99 in exchange for buyers signing a two-year service agreement. The agreement is similar to the discounts wireless phone service carriers offer on phones to lock in subscribers for two years at a time, but is the first time a game console has been subsidized in exchange for a service commitment.
Viewing 1 - 10 of 751
Top Stories
Latest DT's
-
1 month ago by Geno -
1 month ago by dallaseste
-
1 month ago by Geno
-
1 month ago by Geno
-
1 month ago by Geno
-
1 month ago by Geno
-
1 month ago by Geno
-
1 month ago by Geno
-
2 months ago by dallaseste
Top Authors
Subscribe
Games
Alias
3 Foot Ninja 2
ALIAS 2
Air Dodge
Battle Tanks
Bomber Bob
Cable Capers
Gem Mania
Hacker
Hostile Skies
Mission Mars
Bowling
Samurai Warrior
The Pharoh's Tomb
Monkey Lander
Muay Thai
Action
Donkey Kong Banana Barrage
501 Dart Challenge
Rooftop Skater
Zelda
Donkey Kong
Xtreme Pinball
Tetris
Connect 4
Battleships
Frogger
Penguin Push
Online Video Poker
Spank The Monkey
Mob Pay Back
Dealer
Yeti Sports Seal Bounce
Hold Your Drink Steady
Solitaire
Canyon Glider
3D Sudoku
Metal Slug Rampage
Street Fighter II
Flashman
Disc Golf
Table Tennis
Ninja Air Combat
Celebrity Hitman Terrorist Alert
Spider Solitaire
Tubin
Presidential Knockout
Global Player
Ma Balls
Baseball
Beckham Fit
