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Facebook Reveals How Much Stock Each Bank Got, Morgan Stanley Nabbed $6 Billion Worth

admin — Sat, 19 May 2012 00:00:12 +0000

Just after the markets closed on its first day of public trading, Facebook amended its S-1 with a complete prospectus detailing how much stock each underwriter got to sell. Morgan Stanley, the lead-left bank, received 162.1 million shares ($6.15 billion worth) followed by J.P. Morgan with 84.8 million ($3.22 billion), and Goldman Sachs pulled down 63.1 million shares ($2.4 billion).

E*Trade and Itaú got the short end of the stick, receiving just $80 million in stock. That’s less than any of the other underwriters despite being listed in the middle of the pack in the previous versions of the prospectus. But none of the banks made too much on the Facebook stock. FB shares closed just $0.23 above its IPO price this morning. That means Facebook maximized the amount it raised in the offering, but its underwriters didn’t receive the massive cash windfall many expected.

Facebook Reveals How Much Stock Each Bank Got, Morgan Stanley Nabbed $6 Billion Worth via http://feedproxy.google.com/~r/Techcrunch/~3/u1DUFkRwy-U/ TechCrunch

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Students buy a PC, get a free Xbox 360 from Microsoft

admin — Sat, 19 May 2012 00:00:12 +0000

Starting May 20, Microsoft will offer students purchasing a PC of $699 or more a free 4GB Xbox 360, presumably to aid in their studies.

Microsoft offered a similar deal last summer, and apparently it was successful enough to warrant a return.

With Windows 8 just around the corner, it may seem wise to wait to buy a new PC, but a free $200 gaming console is a particularly delicious carrot to dangle in front of college-aged teens and adults.

The deal won’t be limited to the U.S., as Canadian students will be able to nab a free 4GB Xbox 360 as well with the purchase of a PC at $599 and up starting May 18.

Participating U.S. retailers include Best Buy, Dell.com, Fry’s Electronics, HPDirect.com, Microsoft Stores, and NewEgg.com. Canadians can head to Best Buy, Dell.ca, Future Shop, Staples and The Source.

End dates for the promotion vary by retailer, a Microsoft spokesperson confirmed to TechRadar.

Students are important to Microsoft

Despite the well-known popularity of Apple’s Mac computers with college students, the demographic is important to Microsoft, Microsoft’s spokesperson told TechRadar in an email.

"Supporting students and education has always been important to Microsoft and each year we create student offers to make technology affordable and accessible," the spokesperson said.

"Every year during back to school season, millions of college students choose Windows PCs because they want technology that allows them to manage their school work and personal life with ease."

"With all the hard work students put in for their classes in college, they need some downtime, right?" reads a post on the Windows Team Blog.

Will Sony offer a similar deal?

Logically it seems Sony is in a position to benefit equally from a similar promotion, but it’s unknown at this time whether the company plans to offer students any special deals for the summer.

Giving away a PS3 with a Sony laptop could provide the same draw as Microsoft’s Xbox 360 offer.

But a Sony spokesperson told TechRadar that the company has nothing to announce at this time.

Students buy a PC, get a free Xbox 360 from Microsoft via http://feedproxy.google.com/~r/techradar/gaming-news/~3/QwjVJVdv2WQ/story01.htm TechRadar Games

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Pyramid Solitaire Saga: King.com’s answer to Solitaire Blitz on Facebook

admin — Sat, 19 May 2012 00:00:10 +0000

Over the last few years, we’ve witnessed a few trends come and go in the world of Facebook gaming. Just a few years ago, most major developers had tried their proverbial hand at a city-building or farming game, but now, the trends have shifted more towards arcade style casino and card games. In terms of card games, one style in particular has found a following on Facebook – pyramid solitaire (look at Solitaire Blitz, for example). King.com carries on in this new tradition with the launch of Pyramid Solitaire Saga on Facebook.

Pyramid Solitaire Saga (phew, say that five times fast) takes place in and around the pyramids of Egypt, with each level giving you a set of cards to clear from your stone tablet. For those unfamiliar with pyramid solitaire, you’ll have one active card at the bottom of the screen, and must then clear the cards above by clicking on cards one number lower or higher than that active card. That is, if a 3 is the active card, you could then click on either a 2 or a 4 to begin a run.

The ultimate goal in each level of Pyramid Solitaire Saga is to clear enough cards to uncover the golden scarabs, which normally rest underneath larger piles of cards. It’s not necessary to clear 100% of the cards in each level to achieve this, but you’ll probably get pretty close each time. You’ll have five lives at your disposal, but will only actually lose those lives if you fail to reach the level’s target score or run out of cards to pull from your deck before uncovering the golden scarabs.

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Points are earned by clearing multiple cards in a chain before needing to draw from the pile once again, but as with most games of this type, your ultimate success will depend more on luck than skill. So long as you’re observant and exhaust all options before drawing your next card, the rest really isn’t even up to you. Luckily, gameplay is made more enjoyable with some seemingly small design touches, like the ability to press the space bar to draw a card, allowing your mouse to never leave the top area of the screen. Furthermore, the golden scarab cards are clearly marked with golden borders, so you won’t accidentally click on useless cards when simply trying to uncover them.

Rounding out the package is the ability to view your scores on each individual level alongside those of your friends on the in-game leaderboards, and the boosts feature that serves to change your game in some way (say, by adding additional cards to your deck). It would have been nice to see an “undo” button available in each level, in case you happen to draw a new card too early, but otherwise, Pyramid Solitaire Saga works well and is an entertaining (albeit slow-paced) take on the growing pyramid solitaire genre on Facebook.

Click here to try Pyramid Solitaire Saga on Facebook –>

Have you tried King.com’s Pyramid Solitaire Saga on Facebook? Which pyramid solitaire game do you think is the best on Facebook thus far? Let us know in the comments!

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Pyramid Solitaire Saga: King.com’s answer to Solitaire Blitz on Facebook via http://blog.games.com/2012/05/18/pyramid-solitaire-saga-review/Games.Com

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The State of Windows 8: Cheap Upgrades, Better Apps [RUMORS]

admin — Sat, 19 May 2012 00:00:07 +0000

While we haven’t heard much from Microsoft about Windows 8 lately other than the coming launch of the Release Preview in early June, a couple of leaks this week have revealed some tantalizing details.

Microsoft reporter Mary Jo Foley first reported that the company intends to provide cheap upgrades for new Windows customers over the summer. According to “contacts,” after the Release Preview arrives, customers who buy Windows 7 or a Windows 7 PC will be able to upgrade to Windows 8 when it’s released in the fall for just $14.99 — a price revealed to Windows Supersite by “sources.”

The best part of the deal is that those customers will be able to upgrade to Windows 8 Pro, the “higher-end” version of the software that’s a step above the basic edition. (for more on how Microsoft intends to market Windows 8, see this summary).

The deal mirrors a similar one Microsoft gave Windows Vista customers before the release of Windows 7. In both cases, Microsoft wanted to ensure the imminent release of a new version of Windows didn’t lead new customers to hold off on purchasing a Windows-powered machine.

SEE ALSO: First Intel-Powered Windows 8 Tablets: Coming in November [REPORT]

Windows Supersite also got an early look at some updated apps for the Windows 8 Release Preview, and they are much improved. The photos app, for example, which we had problems integrating with Flickr, now has a cleaner interface and can connect to other PCs via SkyDrive.

The Mail, People and Messaging apps have all been given a makeover as well, introducing social-media connections and improved notifications. The Calendar and Reader apps were updated, too, but the changes there are almost purely cosmetic.

A Microsoft spokesperson declined to comment on the reports.

Do the reports change how you feel about Windows 8? Have your say in the comments.

BONUS: A Tour of Windows 8

Start Menu

Here’s what greets you every time you log into your Windows 8 machine. Yes, the tiles are customizable, though it’s a little unwieldy in practice.

Click here to view this gallery.

More About: Metro, microsoft, Windows, Windows 8

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The State of Windows 8: Cheap Upgrades, Better Apps [RUMORS] via http://feeds.mashable.com/~r/mashable/tech/~3/TUdj765DBQA/ Mashable

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Insignia Narrator is a “talking” HD radio

admin — Sat, 19 May 2012 00:00:06 +0000

This July, we will have seen our fair share of Hollywood blockbusters, but apart from that, there is also the Insignia Narrator, which has been touted to be the first “talking” HD radio on the market. The Narrator will be bound for a Best Buy debut, and is also the first IAAIS-certified HD radio product, which sports an ergonomical design that caters for folks who are visually impaired, sporting audible voice prompts as well as a slew of niche programming to get one started right out of the box. If this description alone is enough to have captured your heart, then you can go ahead and place a pre-order for The Narrator on BestBuy.com for just one dollar shy of a Benjamin. (more…)

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Facebook Credits About to Grow Up…. Fast

admin — Fri, 18 May 2012 00:00:09 +0000

Editor’s note: Peter Vogel is co-founder of Plink, a Facebook Credits-based loyalty program that rewards Facebook members for dining and making purchases at their favorite restaurants and stores. Reach him via email at peter@plink.com or follow him on Twitter @pvogel.

Although introduced in 2009, we’ve only seen glimpses of what Facebook Credits will become when it grows up, and Facebook is about to kick off the training wheels.

So far, Facebook has done little to promote the virtual currency of Facebook Credits and it’s been used almost entirely in social gaming. But even with this limited exposure and promotion, Facebook Credits’ fees already represents $557 Million in revenue or 15 percent of Facebook’s entire 2011 revenue. Even more remarkable is that less than two percent of Facebook users bought virtual goods with Facebook Credits in 2011, yet it still represented 15 percent of Facebook’s revenue, primarily from just one vertical – social gaming. One vertical and two percent of members represented 15 percent of Facebook’s 2011 revenue!

Why hasn’t Facebook promoted the Credits Economy more aggressively?

Some believe that Facebook has waited to promote Credits as a Facebook-wide currency until after the IPO; a valuation based on advertising revenue is less volatile and less likely to attract concern from investors.

A second theory is that Facebook tends to introduce features slowly and let them develop; even though Facebook’s App Platform was opened in 2007 and hundreds of millions of members were playing games, Facebook did little to monetize the platform until they required game developers to use Facebook to process payments on July 1, 2011, about four years later.

Now, about three-and-a-half years after Facebook Credits were launched, Facebook is ready and they’re going to need the revenue to satisfy shareholder expectations.

What will change after the IPO?

It certainly looks like, post-IPO, Facebook will begin promoting Facebook Credits heavily and will soon be making Credits easier for consumers to use and more profitable for developers.

On the consumer front, we’re predicting that a user’s Facebook Credits balance will be more prominently displayed (still privately) on their profile. Currently it’s hidden a few clicks deep under Home>Account Setting>Payments. Facebook will also start featuring a list of places where members can spend Credits. Facebook’s new App Center is a great start for this, increasing the ease with which users can find new apps – not just games – some for free, some for purchase with Credits. Facebook could also feature a new category under “Favorites,” listing recommended ways to spend Credits based on that specific member’s interests, friends, etc.

In addition, Facebook will likely run more promotions offering consumers Credits at a discount, “Buy $1 in Credits and get $2-3 dollars worth of Credits for free.” This is similar to promotions Facebook ran in games just few months ago, but Facebook will use the same strategy outside of games to attract a wider audience.

Developers will also benefit from all the promotion that makes Credits easier to use for consumers, but for most developers, increased discoverability is key. No matter how great an app or game they build, if a consumer can’t find it, everyone loses. For the Facebook credits economy to flourish, discoverability is essential; increased listings, rankings, categories and a well organized App Center is key and Facebook is already on their way to providing developers with these features.

Facebook has also hinted, with little explanation, that in certain verticals outside of gaming, Facebook will consider lowering the 30 percent tax they typically keep on Credit transactions. This may open the door for Open Graph participants like Netflix, Spotify and the Washington Post, to name a few, to begin accepting Credits for monthly subscription plans, created just for Facebook. Since these partners and more than 50 others and counting are all integrated into Facebook’s Open Graph, already with the ability to share “like’s” “listening to,” and “watching,” the next logical step is to begin accepting Credits as payment. By lowering the 30 percent fee it is now financially possible for these partners to participate in the Facebook economy.

What does all this mean for the Facebook Credits Economy?

I’ve predicted and still believe the revenue generated from Facebook Credits will double every year for the next five year, eclipsing the revenue generated by advertising by 2016.

Credits will emerge from gaming this year and be used Facebook-wide for all sorts of paid apps ranging from dating to entertainment (TV, movies, music and live streaming of pay-per-view events) to more functional utility apps you might be used to buying for your smart-phone.

Facebook Credits is about to grow up fast.

Social gaming was its birth, the new App Center is its first step … and we’re all waiting to hear its first few words. I’m guessing it will be some version of, “Pay… here… always.”

Facebook Credits About to Grow Up…. Fast via http://feedproxy.google.com/~r/Techcrunch/~3/947sVsbOWOE/ TechCrunch

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Valve’s remote Steam download feature leaves beta, gets official

admin — Fri, 18 May 2012 00:00:08 +0000

Now you can download games on Steam no matter where you are so that they’re ready and raring to play when you get home, as Valve’s remote Steam download service has left beta.

You’ll have to leave Steam running on your PC or Mac while you’re elsewhere to allow you to log in to Steam either online or via mobile and set downloads running but you probably do that anyway, right?

You bring the body, I’ll bring the steam

This will be handy for when new games are released while you’re out and about – no more hanging around gnashing your teeth while the download bar steadily inches towards completion when you get home.

To get your games downloading from afar, you just have to log in and go to the Games list on the Steam Community site from the app or another web browser.

As well as letting you set a download going, the remote service will keep you clued in to the status of your library and any current downloads too. Nifty.

Sadly there’s still no word from Valve on the hardware front – but we’re still kind of half expecting to hear something about that after a suspicious job posting emerged last month.

Blackwood & Bell Mysteries Kasbah: Our guide to finding every item

admin — Fri, 18 May 2012 00:00:07 +0000

Our trip around the world in Blackwood & Bell Mysteries takes us from an African jungle to Morocco and beyond via this next scene in the game: Kasbah. This scene looks to take place on the edge of a marketplace in a desert, where camels and vehicles coincide amongst plenty of goods for sale. We’re here with a guide to help you find this scene’s many items, so let’s get started!

Note: The items you’ll receive will just be a selection of all of those pictured below. If you’re looking to find a particular item: Hit Ctrl +F (or Command + F if on a Mac) and type in the name of the object you’re looking for. This will take you directly to its image.

Set 1:

Owl
Basket
Rabbit
Fork
Snake
Hanging Rug

Set 2:

Wheat
Hot Air Balloon
Old Jeep
Breadsticks
Broom
Satchel

Set 3:

Fruit Basket
Hand Print
Kettle
Glass Bottles
Gecko
Icecream

Set 4:

Luggage
Camel Family
Smiley Stencil
Axe
Mountain Mask
Colorful Cloth

Set 5:

Sun
Doughnut
Animal Stencil

Set 6:

Shoe
Daisy
Rope

Set 7:

Powder Horn
Bronze Pot
Medal
Pitcher
Bangle

Set 8:

Flag
Books
Umbrella
Parchment

There are still some items left to find in this scene, so we’ll make sure to keep playing it and will update this space when we’ve found more items to help you out.

Check out the rest of our Blackwood & Bell Mysteries cheats and tips right here.

What do you think of this Kasbah scene? Are you happy that the game continues to have such an international flair, or do you miss searching through dingy, dark spaces instead? Sound off in the comments.

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Blackwood & Bell Mysteries Kasbah: Our guide to finding every item via http://blog.games.com/2012/05/17/blackwood-bell-mysteries-kasbah-item-location-guide/Games.Com

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Comcast Now Lets You Use 300GB of Bandwidth a Month [VIDEO]

admin — Fri, 18 May 2012 00:00:05 +0000

Comcast announced on Thursday that it is transitioning away from its static data limit policy into a more flexible allotment model.

In the coming months, the company will start testing new options that will offer users more bandwidth as part of their cable Internet plans, as well as the ability to purchase additional bandwidth if necessary.

In 2008, Comcast started enforcing a 250GB usage cap amongst its residential subscribers. Comcast’s rationale at the time was that only a small fraction of users ever came close to using 250GB of bandwidth each month — and that even fewer users actually exceeded that cap.

The move was enacted in part to limit what Comcast deemed “illegal” uses of the Internet; in other words, they wanted to stop users from downloading movies and music over BitTorrent.

At the time, there was a lot of user outcry over the new usage cap limit, however in practice, few users actually reached that limit. (I was one of those Comcast users who bumped against the usage limit on more than one occasion, thanks in part to my $100-a-month business-speed Internet plan.)

These days, the situation has changed. Users frequently use more bandwidth. Not only are average access speeds faster (which makes it possible to consume more data), the way we consume content has changed.

Thanks to connected devices such as Roku and Apple TV, over-the-top streaming services such as Netflix and Hulu and Amazon Prime are increasingly becoming the way that many users watch content on their television sets.

Even though this content is consumed on a TV set, the bandwidth still counts against a customer’s data cap.

In Comcast’s case, the network has made an exception for its OTT-delivered Xfinity On Demand Xbox app. The data that Comcast users who use the Xfinity TV app on their Xbox 360 use is not counted against their overall limit. Netflix’s Reed Hastings criticized Comcast over this move, arguing that the company is violating rules of Net Neutrality.

How the New Bandwidth System Will Work

As Comcast explained on its blog, in the coming months, all customers will get at least 300GB of bandwidth to use each month. Additionally, users in higher package tiers — like Blast and Extreme — will have higher base allotments each month.

All users, regardless of their plan, will be able to get additional data at a nominal price. The pricing right now is expected to be $10 for 50GB.

Comcast will start trialing the the new management system in several markets and will suspend the data caps in markets not getting the trial. Comcast didn’t lay out a timeline for these bandwidth changes, and on a press call, was unable to give hard dates.

At this time, Comcast is also unsure what the specific starting data allotments will be for Blast and Extreme customers.

Why Now

On a press call, Comcast Executive Vice President David Cohen repeatedly denied that the change in bandwidth structure had anything to do with changing customer usage. “We are absolutely not doing it because customer needs are approaching the cap,” Cohen said on a call.

When pressed for specifics such as how many customers are approaching or exceeding current bandwidth limits, Cohen refused to say anything other than “a very small fraction of customers ever even come close to using the existing data cap.”

Instead, Cohen tried to spin the news as a consideration Comcast has been undertaking for some time.

“Times have changed. Things are very different than they were four years ago. We’re ready to transition from what might have been a state-of-the-art approach four years ago to a different approach that is more pro-consumer.”

It appears that the reason Comcast is making this announcement now — and without hard dates or specific plan information — is because it has come under increased scrutiny for how it segments its own OTT data, compared to competitors such as Netflix.

Rather than focusing on how Comcast counts bandwidth, it wants to frame the conversation in a way that suggests that customers have no bandwidth caps.

It may be true that most Comcast users don’t approach the 250GB limit, but as the usage of services such as HBO Go, Netflix and Hulu continues to increase, that won’t be true forever.

What do you think of the new bandwidth policy? How much bandwidth do you use a month? Let us know in the comments.

Image courtesy of iStockphoto, luismmolina

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Comcast Now Lets You Use 300GB of Bandwidth a Month [VIDEO] via http://feeds.mashable.com/~r/mashable/tech/~3/AL0Tqp5mxnA/ Mashable

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Radio Tactics’ ACESO Kiosk mobile data extraction to be used by London Police

admin — Fri, 18 May 2012 00:00:03 +0000

The Metropolitan Police, the police force responsible for Greater London, has announced that it will begin using a mobile device data extraction system that will give its officers the ability to extract data from a mobile device in a matter of minutes. The said system will use Radio Tactics’ ACESO Kiosk, a touchscreen device that will be deployed in the city. According to Radio Tactics, the ACESO Kiosk has the capability to extract data including call history, photos, videos, and email and social networking info from a phone at an average time of 20 minutes. (more…)

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