If you thought flying a Flappy Bird was fiendish, just wait until you try swooping Swing Copters. So say new addicts of the latest free app from cult Vietnamese developer Dong Nguyen, who this week overcame his famous revulsion at his previous creation to release what looks like another hit.
Droves of instant Swing Copters devotees took to Twitter Friday to bemoan how guiding the propeller-headed hero through a landscape of deadly swinging obstacles was even closer to impossible than navigating Flappy Bird’s famously exasperating arrays of killer pipes. Read more
By Matthew Garrahan, FT global media editor
Thomas Lesinski, the former head of digital production at Paramount Pictures, has launched a new company to produce content for television and online channels, striking a deal with Legendary Entertainment, which will have first option to release its programming. Read more
Amazon founder Jeff Bezos is among the new investors in Lookout, a San Francisco-based mobile security company that just pulled in the largest fundraising by a cyber security company so far this year.
As Amazon promised to be “relentless” in its pursuit of selling everything, Bezos appears to being equally eager to make personal investments in almost every industry. Here are some – but not all – of the investments he has made through his vehicle Bezos Expeditions.
Media: Bezos’ most high profile recent investment was his purchase of the Washington Post, the DC-based newspaper renowned for its role in breaking the news of the Watergate scandal. But he has fingers in other media pies too: in 2013, he took a stake in Business Insider, the loud mouthed financial news site fond of slideshows, and back in 2008 he invested in Twitter, the social media site beloved by journalists. He also has investments in Vessel, a video platform, and Next Door, a social network for neighbours. Read more
Venezuela might have the mannequins with the world’s biggest breasts, but Britain now has the most tech-savvy models gracing its store windows and shop floors.
This week three UK retailers launched the world’s first mannequins embedded with so-called iBeacons – little Bluetooth transmitters that can send alerts to smartphones in the vicinity, offering details about the clothes such as how to buy them online and where to find them in store. Read more
The start-ups that took on the taxi industry are eyeing a new target: public transport.
The past 24 hours have seen Uber, Lyft and Sidecar all launch a new twist on their popular ride-sharing model: carpooling. The three San Francisco companies are letting some customers opt to share a ride with a perfect stranger going along the same route at the same time, for up to half the price of a solo journey. Read more
Fuseproject, the San Francisco design agency led by Yves Béhar, has agreed to sell a majority stake to China’s fast-growing marketing group BlueFocus.
Mr Béhar – whose designs can be seen in products from Jawbone, Puma and One Laptop Per Child – sat down with the FT to talk about the deal, the company he founded in 1999 and what happens next. The transcript has been edited for length. Read more
After the market closes on Tuesday, Apple releases its third quarter earnings for the three months to the end of June. Its stock price has risen by more than 20 per cent since it beat forecasts with its last quarterly numbers, taking it close to its-all time high. Can Apple repeat the trick in what are likely to be the last results before the next iPhones arrive, and push its stock to $100?
Here’s what Wall Street is looking for this quarter: Read more
For the past year, new internet subscribers in the UK have had to make an “unavoidable choice”.
No, it’s not whether to pay for speeds of 152Mb per second, or whether to subscribe to Premiership football. It’s whether to turn on a “family-friendly network filter”, affectionately known as porn blockers.
And what did Brits decide? Read more
Forgotten about Bing? Well, Bing has not forgotten about you.
Microsoft has joined Google in taking requests from European citizens who want embarrassing or sensitive results stripped from its search results, in response to the continent’s new “right to be forgotten” online. Read more
Apple found itself again in the firing line of China’s state media on Friday, when CCTV accused its iPhones of threatening national security due to their location tracking features.
At a time when sensitivities over US government surveillance are at an all-time high and when Chinese smartphone manufacturers are taking on the iPhone like never before, there could be many ulterior motives for this latest attack.
Nonetheless, many iPhone owners outside China may also be surprised to know how much their device knows about where they have been – including its uncanny ability to guess where you live and work. Read more
It’s already obvious that investment into start-ups is booming, and new data out today shows just how loudly the market is roaring. Read more
CEOs love talking about the need for focus. But they’re not so good at picking things they’re not going to do as a result.
Satya Nadella has made a start. Five months after moving into the top job, he has finally admitted that the Xbox is not a core part of Microsoft’s business. What he hasn’t said yet is what he’s going to do with it. Read more
Until now, Facebook has struggled – and failed – to strike the right note in response to the disquiet over its deliberate alteration of users’ moods for a research study.
On Wednesday it got another chance, as Senator Mark Warner wrote to the Federal Trade Commission asking it to investigate. What Facebook came up with in response still didn’t classify as an actual apology, but at least the company no longer sounded so bemused by all the fuss. Read more
Venture capitalists are lining up to back bitcoin start-ups. On Monday, Xapo bagged some of Silicon Valley’s biggest names for its latest $20m round: Greylock’s Reid Hoffman and Index Ventures’ Mike Volpi, not to mention personal money from Max Levchin, Yuri Milner and Jerry Yang.
But all of this VC activity raises an interesting question. If these investors truly believe the crypto-currency will one day support a significant new financial services industry, why not just buy the currency and hold it? Read more
Uber is wasting little time in putting last month’s huge $1.2bn fundraising to work. As it races for marketshare against not-quite-so-well-funded rivals such as Lyft, it has been cutting prices for its cheapest service, UberX, in several markets including its largest, the San Francisco Bay Area.
The fare reduction is flagged as temporary, which may be just as well: Fortune discovered that Uber is losing money on every fare by paying drivers more than it charges passengers, in order to boost their earnings and prevent them from switching to a more lucrative rival. Read more
The news that Facebook manipulated its news feed to analyse the impact on users’ emotional expressions has angered many who believe they should have been told they were part of a psychology experiment.
The study of more than 689,000 Facebook users, conducted over a week in 2012, found those who were exposed to fewer positive stories in the feed were more likely to write negative posts and vice versa. People felt worried the billion plus social network was trying to manipulate their emotions, coming as it does after years of conflicts over privacy with the social network. Read more