Microsoft delays launch of its Xbox One console in China
BEIJING (Reuters) - Microsoft Corp has delayed the launch of its Xbox One game console in China, which had been set for release on Tuesday, but the world's biggest software company said it would be released by the end of the year. Microsoft did not give a reason for the delay in a statement on Sunday. The delay is the latest in a series of setbacks for Microsoft in China, where it is under investigation for suspected anti-trust violations related to the Windows operating system and Microsoft Office. The Chinese government lifted a 2000 ban on gaming consoles earlier this year. ...
SoftBank estimates $4.6 billion gain from Alibaba listing
TOKYO (Reuters) - Japan's SoftBank Corp said it expected a gain of about 500 billion yen ($4.6 billion) from Alibaba Group Holding's share listing in New York, where the Chinese e-commerce leader surged 38 percent on its first day of trade. SoftBank CEO Masayoshi Son also told CNBC that he would want to own more of Alibaba, although he reiterated that the Japanese mobile carrier and Internet media company was happy with the current 32 percent stake, which made it the Chinese company's biggest shareholder. Asked if he would like more of Alibaba, Son told CNBC on Friday: "Of course. ...
Facebook's Oculus unveils new virtual reality prototype device
LOS ANGELES (Reuters) - Facebook Inc's Oculus VR unit announced an upgraded prototype of its virtual reality headset that has higher resolution and built-in audio, but the company said it is not ready to sell a device to consumers. The new Crescent Bay device also is lighter than the most recent prototype of the Oculus Rift headset the company has made available to developers, Chief Executive Brendan Iribe said on Saturday at an Oculus developers conference in Hollywood. "This is not the consumer product," Iribe said. But he added that "it is much, much closer. ...
When music stops for Oracle CEO dance, Catz may grab Ellison's chair : analysts
By Jeffrey Dastin and Sam Adams NEW YORK (Reuters) - If Larry Ellison sailed off on his yacht for good tomorrow, who would really run Oracle Corp ? Reuters asked a cast of Wall Streets analysts, and the verdict is dealmaker and finance guru Safra Catz. The question is on investors' minds after Ellison, 70, promoted both Catz and sales leader Mark Hurd to the CEO position on Thursday, while taking on the role of executive chairman and chief technology officer himself. The move appears to be the first stage of Ellison's gradual withdrawal. ...
Rocket Internet CEO stands to lift stake via options: report
FRANKFURT (Reuters) - Oliver Samwer, chief executive and co-founder of Rocket Internet is in a position to increase his stake in the German venture capital firm under a stock options program that will be part of its planned stock market listing, a German magazine report said on Saturday. Samwer stands to receive options that entitle him to buy 4.5 million shares, or about 4 percent of the current share capital, at an unspecified discount over the next five years, based on certain business performance targets, weekly WirtschaftsWoche said, citing a document it obtained. ...
Alibaba surges 38 percent on massive demand in market debut
By Liana B. Baker, Jessica Toonkel and Ryan Vlastelica NEW YORK (Reuters) - Alibaba Group Holding Ltd's shares soared 38 percent in their first day of trading on Friday as investors jumped at the chance for a piece of what is likely to rank as the largest IPO in history, in a massive bet on China's burgeoning middle class. It was an auspicious debut for the Chinese e-commerce company, which was founded by Jack Ma in his apartment in 1999 and now accounts for 80 percent of online sales in China. ...
With Alibaba's big debut, 10 things to know
NEW YORK (AP) — China's e-commerce giant Alibaba began trading its shares Friday on the New York Stock Exchange. Here are ten things to know about Alibaba, and why its initial public offering made history:
Rating the road to the wire-free PC
Commentary: Intel aims to eliminate USB, HDMI and the power cable in its quest to create the wire-free PC. But the journey will be a long one, and uneven in terms of its challenges.>
Someone finally made a truly 3D movie
You’re probably at least a bit of a film nerd if you’re familiar with Jean-Luc Godard, the biggest name of the ’60s French New Wave movement. Even if you don’t know him, you've definitely seen a lot of film techniques that he pioneered. He's credited with turning the jump cut from an editing accident into a legitimate tool. And you know Wes Anderson's playful use of on-screen text and standout bright colors? Godard was doing that 30 years earlier. ...
Colin Farrell says he'll be in 'True Detective' season two
Colin Farrell has told Ireland's Sunday World that he will be starring in True Detective season two. The show will reportedly be shot around Los Angeles, and Farrell says that "I know it will be eight episodes and take around four or five months to shoot."
The first games that show off iOS 8's graphics are available for download
With iOS 8, Apple introduced a new tool for game developers which gives them better ways to take advantage of the A7 and A8 processors. Now that iOS 8 is available, Apple has put together a special section of the iTunes App Store to showcase the half-dozen or so games that take advantage of Metal.
Reinvent Your Business Model or Die
'Change almost never fails because it's too early. It almost always fails because it's too late.' - Seth Godin One of the key components of transformation and innovation is the business model, and since the ability of companies to transform and reinvent themselves is crucial to their lifeline, I went straight to the source, the global expert on...
We should be learning to type in the Oculus Rift
After Mavis Beacon, there was Typing of the Dead, which paired the thrill of zombie killing with the virtuous excuse of learning secretarial skills. Typing games combine the twitch reflexes of shooters with the careful pacing you need to get words right, while tapping into abilities that many people hone all the time. As you can guess, there's not a lot to VR Typing Trainer, though different modes are supposed to be forthcoming.
NYPD goes back to Twitter school after photo contest backfires
Police departments around North America have gradually, if warily, come to embrace social media as a way of communicating with their communities. But things can quickly go awry on Facebook and Twitter, a lesson the New York Police Department learned in April when a photo contest designed to showcase friendly photos of citizens with police officers was taken over by images of police aggressively subduing people. A month after the #myNYPD fiasco, top NYPD officials have been taking courses in using Twitter effectively, the Wall Street Journal reports.
Getty Images releases free iOS app for browsing and sharing millions of images
Six months after shifting its business model to embeddable photos, Getty Images has released an iOS app designed to help you browse and share its massive collection. The app, called Stream, lets you search Getty's archives to find images that you can legally share and embed for non-commercial purposes on blogs and social media. Or you can browse photo streams created by Getty editors in categories like news, sports, entertainment and "archival," which highlights photos of historical significance.
Pebble update adds emoji, compass, and better notifications for iOS
2014 is the year of the emoji. Within the last year we've seen an emoji social network, emoji on Twitter, emoji music videos, and even an emoji city. And now, emoji is on your Pebble smartwatch. The feature comes as part of firmware 2.5,which you can install today. The new firmware also includes iOS 8 compatibility and a compass feature that lets developers create navigation apps of their own. In fact, there are already a couple to try, like Compass By Pebble and Where To? for iOS.
Watch Dave Chapelle and Jon Stewart do stand-up before they were superstars
The legendary Just For Laughs comedy festival has just begun dumping 500 hours of comedy videos on YouTube — everything from young Jon Stewart to Chris Rock to the late Bill Hicks. The channel will post new videos three times a week, and is definitely worth checking back on. The festival's clips give a rare glimpse into the early days of today's top comedians, and some of the clips have never before been seen online.
You can finally talk and use data simultaneously on new Verizon iPhones
Ever since it lost the exclusive right to sell the iPhone in the United States in 2011, AT&T has touted a key advantage that its network has over Verizon's: the ability to talk on the phone while using data from another app simultaneously. While simultaneous voice and data became possible on many Verizon phones once the company's 4G LTE network went live, hardware limitations on iPhone 5 prevented those customers from being able to use it. More than three years later, Verizon iPhone customers will finally gain the same feature — as long as they're using one a new phone. ...
Oculus unveils new prototype VR headset
LOS ANGELES (AP) — Oculus has unveiled a new prototype of its virtual reality headset. However, the VR company still isn't ready to release a consumer edition.