Author Archives: Rue Liu


Facebook’s Face.com buy confirmed

Facebook’s Face.com buy confirmed

Facebook is definitely buying Face.com, according to multiple sources familiar with the matter. Rumors of the deal quickly spread following Facebook's IPO and it's believed that the two companies have been in talks for quite some time. Sources expect the deal to be around $100 million and that lawyers are currently hammering out the details.

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Redux: Dark Matters for Sega Dreamcast surpasses funding goal

Redux: Dark Matters for Sega Dreamcast surpasses funding goal

A Kickstarter campaign for a brand new video game called Redux: Dark Matters has managed to surpass its funding goal, now reaching just over $40k. What's unique about this video game project is that the developers are promising to offer a version of the game for the Sega Dreamcast. Fans of the retro console can pledge $65 to receive the limited edition Dreamcast version, only 1000 copies will be made.

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Steve Jobs’ 1974 Atari memo up for auction

Steve Jobs’ 1974 Atari memo up for auction

Sotheby's is getting ready to auction a Steve Jobs' memo on June 15 for as much as $15,000. The memo was written to Atari in 1974 when Jobs was 19 years old and employed by the company to work on game design. Jobs was reportedly forced to work at nights at Atari due to his clashes with colleagues.

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Google speeds up mobile search for places

Google speeds up mobile search for places

You might have noticed that searching on-the-go for local restaurants and businesses just got a whole lot quicker over the weekend. That's because Google updated its mobile search to offer a more streamlined approach to delivering all the information you're looking for on a place in one page with one click.

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New York increasing in appeal to high-tech startups

New York increasing in appeal to high-tech startups

New York isn't exactly where tech startups traditionally situate nor where venture capitalists are willing to bet their money, but that may slowly be starting to change. From 2007 to 2011, almost 500 tech startups in New York received venture financing and certain startups have found the major media companies located in the city to be key to their businesses.

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Toshiba discontinuing netbooks in the US

Toshiba discontinuing netbooks in the US

Toshiba has confirmed that it will no longer be offering new netbook models in the US. The news isn't too surprising given the forthcoming onslaught of Ultrabooks, but it does further confirm the grim outlook for the ill-fated netbook market. Dell and Lenovo are already officially out of the netbook space, while Samsung and Sony haven't launched any new models this year either.

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Verizon likely to divest spectrum for cable deal

Verizon likely to divest spectrum for cable deal

Verizon's proposed $3.6 billion deal to snatch up unused AWS spectrum from a coalition of cable companies in exchange for joint marketing will likely require the carrier to divest some of that spectrum. Senator Herb Kohl, chairman of the Senate Antitrust Subcommittee, who urged against the AT&T and T-Mobile deal that later crumbled, has issued a letter this week raising competition concerns surrounding the Verizon deal.

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