Monthly Archives: February 2011

David Gelles

Apple is returning to its favourite venue for product launches on March 2, hosting an event at San Francisco’s Yerba Buena Center for the Arts where it is expected to unveil the iPad 2, according to people familiar with the plans.

The company has reserved the main stage at the multifunction venue for next Wednesday, marking a return to the site where it last year launched the original iPad and the iPhone 4Read more

Chris Nuttall

Hours after Lenovo announced new business laptops with up to 30 hours of battery life, HP has unveiled its latest range and claimed 32 hours of frugal living on one battery charge.

Lenovo announced six new ThinkPad notebooks while HP unveiled the first major update of its designs for its business laptops in two years, with 10 new models announced in its EliteBook and ProBook series. Read more

Square is zeroing in on the dog walkers and piano teachers of the small business world by removing another price obstacle from credit card processing: transaction fees.

The mobile payments company previously charged merchants 2.75 per cent of each purchase, plus a 15-cent flat transaction fee every time they used the tiny smartphone credit card reader. As of today, the company has dropped the extra flat fee. Read more

Tim Bradshaw

Powered by social networks and mobiles, Chinese video games are set to topple America’s lead as the world’s largest gaming market, according to research by Digi-Capital, a boutique investment bank. Read more

Tech news from around the web:

  • Microsoft is on the verge of putting the finishing touches to a key stage in the development of Windows 8, according to WinRumors. The “M2″ build is then expected to be distributed internally and externally to the company’s closest partners.

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Spotify has stayed silent about the impact of Apple’s new subscription plans, perhaps because it was too busy negotiating $100m in new funding, but MOG has now joined the list of digital media start-ups and venerable publishers expressing consternation and confusion.

“From a principle perspective, I have a problem,” says CEO David Hyman. “We’ve spent years building this, and invested millions. It’s not clear to me why they deserve a bigger piece of my business than I get. It doesn’t feel right at all.” Read more

Tech news from around the web:

  • Spotify is in the process of closing a financing that values the European streaming music start-up at about $1bn, according to TechCrunch. DST, the venture firm that has backed Facebook, Groupon and Zynga, is said to be leading the deal.

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Chris Nuttall

It was “Klingons on the starboard bow” time in video games in January, with the space genre dominating. Eve Online introduced a major update to its online universe, Electronic Arts released Mass Effect 2 on the PlayStation 3 and launched Dead Space 2, which sold 440,000 units in the US, according to monthly figures released by the NPD research firm on Thursday. Read more

Richard Waters

The spat that broke out today between Twitter and Idealab founder Bill Gross speaks volumes about Twitter’s own long-running failure to cash in on the success of its service. As one third-party developer told us: “Bill Gross has been saying he’s going to monetise better than Twitter and that could have upset them. He is either committing suicide or he is going to be extremely successful.” Read more

Tech news from around the web:

  • Zynga, the company behind online games FarmVille and CityVille, is in talks on an investment that would value it at nearly $10bn and could pave the way for an initial public offering next year, the New York Times’ DealBook reports. The company is in discussion  with T. Rowe Price and Fidelity Investments, among other investors, for a round of financing near $500m.

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