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Reuters - 34 minutes ago
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Nintendo has high hopes for 3DS
SAN FRANCISCO - Nintendo Co Ltd <7974.OS> said it has set ambitious goals for its newest handheld gaming system despite growing competition from smartphones like Apple's <AAPL.O> iPhone. Nintendo, whose growth has been flagging, is making a big marketing push as it launches the Nintendo 3DS, the first device to offer 3D gaming without special glasses.
Nintendo's 3DS contains Toshiba, Fujitsu chips: iFixit
TOKYO - Nintendo's <7974.OS> 3D-capable handheld game player contains chips manufactured by Toshiba Corp <6502.T>, Fujitsu Ltd <6702.T> and Invensense Inc, technology firm iFixit said after dismantling the hot new gadget. The 3DS, the first handheld game player to provide glasses-free 3D, launched in Japan on February 26 and is set to hit stores in the United States on March 27.
Microsoft's Bing launches deals feature
- Microsoft Corp's <MSFT.O> Bing search engine said it launched 'Bing deals' for both the desktop and mobile, allowing consumers to find the best deals locally, a service that will pit it against daily deals website Groupon. The company has partnered with The Dealmap, a service provider that allows people to find and share the best local deals.
Sony says PS3s seized in Netherlands in LG dispute
TOKYO - Sony Corp <6758.T> said on Friday shipments of its PlayStation 3 game consoles were being seized by customs officers in the Netherlands following a court injunction initiated by LG Electronics <066570.KS> over a patent dispute. Sony declined to give further details, saying it was still looking into the problem. South Korea's LG Electronics said it would not comment on pending legal matters.
Facebook valued at $65 billion in new investment
SAN FRANCISCO - Investment firm General Atlantic is investing in Facebook, valuing the leading social network at $65 billion, representing a 30 percent boost from its last big investment in January, according to a report on CNBC. General Atlantic is purchasing a block of roughly 2.5 million Facebook shares from former Facebook employees, giving the firm a 0.1 percent stake in the company, CNBC said.
Twitter's Stone: no IPO or funding talks
SEOUL - Twitter has no plans to go public any time soon and does not need additional funds because it is making money, the co-founder of the popular microblogging site said. "We have so many other things before we even think about that," Biz Stone told Reuters at a business forum in Seoul on Thursday when asked about the prospects of an IPO.
DreamWorks options movie rights to WikiLeaks books
LOS ANGELES - The DreamWorks studio has optioned movie rights to a pair of books about WikiLeaks founder Julian Assange and his controversial Website that is bent on revealing government secrets, company officials said on Thursday. One of the books is "WikiLeaks: Inside Julian Assange's War on Secrecy" by journalists David Leigh and Luke Harding of The Guardian, the British newspaper said in an article.
Texas man charged with illegal sports event streaming
NEW YORK - A Texas man was charged on Thursday with illegally streaming live sporting events and other programs on one of the most popular websites for illegal television content, a federal prosecutor in New York said. Brian McCarthy, 32, has been accused of running live feeds of football, hockey, basketball and wrestling on his website www.channelsurfing.net, which he registered in 2005.
Interview: Doximity gains fans ahead of official launch
NEW YORK - Days ahead of its official launch, Doximity -- a LinkedIn-style application for healthcare professionals -- already has the backing of the venture capital community and thousands of U.S. doctors. Since its unofficial start in October, Doximity has looped in more than 7,000 doctors, some $100,000 in revenue from a contract with a major medical company and is about to close a round of venture capital funding, the company's chief executive told Reuters in a recent interview.
Courtney Love to pay $430,000 in Twitter case
LOS ANGELES , which sources say was being finalized Thursday and will be announced next week, will cost Love about $430,000. The first payment of cash is due Thursday, followed by a series of payments to Simorangkir stretched out until 2014.
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