Tech news from around the web:
Online games group PopCap could be getting ready to launch a series of casino-style games on Facebook according to GeekWire. New domain purchases, changes to a Facebook page and a recent trademark application for ‘Lucky GemCasino’ by PopCap have been cited by GeekWire as a shift to a casino offering.
Tech news from around the web:
Apple is expected to hold its next big media event on Tuesday October 4, where it will unveil the next iPhone model, according to AllThingsDigital. Meanwhile, Mashable reports that a remark made by Apple board member and former US Vice-President Al Gore at the Discovery Invest Leadership Summit in South Africa – “Not to mention the new iPhones coming out next month. That was a plug.” – has sparked speculation of more than one iPhone5 model.
TechCrunch reports that a deleted tweet from Facebook creative director Ji Lee may point to a special feature in the social network’s long-anticipated music service. In a tweet that was deleted minutes after it was sent, Mr Lee wrote:
The “Listen with your friend” feature in ticker is blowing my mind. Listen to what your friends are listening. LIVE.
Zynga IPO odds lengthen as profits fall
Zynga reduced the odds of its IPO on Wednesday as it revealed worsening financial numbers and complained of market volatility.
The social gaming company is earning less but is still worth more, according to an amended IPO filing .
Tech news from around the web:
US prosecutors have launched an investigation into whether eBay employees took confidential information from classified ad website Craigslist as it sought to build a rival service, Reuters reports. The two companies have already been fighting in the civil courts over allegations that eBay took a stake in Craigslist and then misappropriated confidential information while it secretly planned its own classifieds site. An eBay spokeswoman told Reuters that the company would co-operate in any inquiry related to the disputes with Craigslist.
Tech news from around the web:
AOL has announced that Michael Arrington, founder and editor of the influential technology blog TechCrunch, has “decided to move on from TechCrunch and AOL to his newly formed venture fund”, Business Insider reports. Erick Schonfeld will take over as editor.
Startups battle to Disrupt
It’s a big week for tech startups as they compete for attention at the TechCrunch Disrupt and Fall Demo conferences in San Francisco and Silicon Valley.
A “Startup Battlefield” has just begun at Disrupt with new companies given six minutes to pitch their services and applications. A look at the contenders from the first session, focussed on disrupting traditional markets, is after the jump.
Zynga cagey on IPOville
Zynga, which reportedly prepared the fastest IPO filing in history, is being a little more circumspect about its actual debut on a fragile stock market.
The social gaming company has never given any inkling of a date for its public share issue, but the New York Post reported on Sunday that it was more likely to be November now, rather than the conventional wisdom of a September IPO, due to “Wall Street turmoil”.
A decade on, HP backtracks on PCs [Updated]
Nearly ten years to the day since it doubled down on the PC business with the purchase of Compaq, Hewlett-Packard has decided that its shareholders have been through enough. As we and others are reporting, new CEO Leo Apotheker is ready to change course with a PC spin-off and giant software deal that will radically reshape the tech conglomerate.
Goodbye ACSOI, hello losses
By dropping its controversial method of conjuring up profits from losses after a review by the SEC, Groupon has cleared one of the distractions around its forthcoming IPO. Now, investors can focus on the things that really matter: whether its customers like what they are getting enough to keep coming back for more, and how well its model will perform in an economic downturn.
Tech news from around the web:
Adobe has acquired electronic signature company EchoSign for an undisclosed price, VentureBeat reports. EchoSign’s web-based electronic signature technology will be integrated into Adobe’s document exchange services platform. If this kind of technology takes off, VentureBeat says, it could mean the end of the fax machine and the paper contract.
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