Daily Archives: April 3, 2013

Chris Nuttall

LucasArts has shut down Star Wars games in development and is laying off staff, as the San Francisco-based publisher switches to a licensing model for video games.

The decision means Star Wars 1313, greeted enthusiastically by gamers at last year’s E3 convention when a preview was shown, and Star Wars:First Assault, a planned first-person shooter, will not now appear. A small team working on casual games is also being disbanded. 

The digerati are having fun with the Securities and Exchange Commission’s ruling that US companies can use social media to distribute market-sensitive information such as earnings reports. “Facebook Flap Forces SEC Into 21st Century,” says Forbes.

Not so fast. The US regulator’s decision to drop its inquiry into Reed Hastings, Netflix’s chief executive, who boasted about new viewing figures on his personal Facebook page, is only an incremental advance into the new millennium. It makes sense for the SEC to acknowledge the growing use of social media (I’m guessing more people saw Mr Hastings’ Facebook post than have viewed any regulatory announcement in corporate history), but I don’t think the decision will prompt fearful CEOs to tweet their earnings much more than they do already – and, even if it does, it won’t make much difference to investors.

 

The value of Bitcoins — which trade on what is best described as an OTC basis — has been soaring of late. And suddenly everyone is talking about bitcoins. Yadda yadda yadda.

Here’s the latest bubblicious chart, courtesy of Bitcoin charts:

 

The Google Glass isn’t even on sale yet but it may already have a Chinese competitor, writes Henry Mance.

Baidu, the company that now dominates Chinese internet search after Google’s partial retreat in 2010, has said it is developing its own “ocular wearable interface”, provisionally called the Baidu Eye, which will allow wearers to take pictures, and search using voice and images. 

Tim Bradshaw

The Number 10 adviser behind London’s Tech City project, Rohan Silva, is to leave Downing Street this summer to become an entrepreneur himself.

A champion of innovation, behavioural economics and “open data” in government, Mr Silva confirmed his departure to the Financial Times late on Tuesday night, after reports first emerged on Sky News