A federal judge has denied Apple's request to immediately stop Amazon from using the term "Appstore" to describe its digital downloads storefront.
In an 18-page opinion filed today with the U.S. District Court for Northern California, Judge Phyllis Hamilton denied Apple's request for a preliminary injunction preventing Amazon's use of the term, which Apple claims it has trademark rights to. As expected, Hamilton ruled that Apple had not established the likelihood of confusion between the competing brands, but she also said she did not agree with Amazon's contention that the mark is purely … Read more
Zillow will be worth close to $400 million once it goes public, according to documents filed with the SEC today.
The Seattle-based company, which aggregates real estate listings online, has priced its IPO between $12 and $14 a share. Once the sale is complete, it will have 27,058,139 outstanding shares. At $14 a share, the company will be worth $378.8 million.
The company plans to raise up to $55.7 million, not including over allotments, if any. In conjunction with the offering, it expects to secure an additional $5.5 million from Technology Crossover Ventures, which will … Read more
Amazon today announced a number of enhancements to its Amazon Cloud Drive and Cloud Player, including an unlimited music storage option and a Cloud Player for iPad.
For a limited time, Amazon customers who purchase a $20 annual Cloud Drive storage plan will receive unlimited storage space for their MP3 and AAC (.m4a) music files. Previously, Amazon Cloud customers automatically started with 5GB of free storage, upgradable to 20GB with the purchase of an Amazon MP3 album. Additional storage space could then be purchased in plans beginning at $20 per 20GB per year.
In comparison, Google Music Beta offers free … Read more
U.S. album sales for the first six months of the year grew 1 percent, which may not sound like much but it's the first time the recording industry has seen any gains for the period since 2004.
Research firm Nielsen SoundScan reported today that the total number of albums sold in the U.S. was 155.5 million, an increase of 1 percent from the 153.9 million albums sold during the same period last year.
Digital track sales were also up. More than 660 million units were sold, an increase from last year of 10 percent. These … Read more
Just after Microsoft Chief Executive Officer Steve Ballmer announced plans in May to buy Skype, he and Skype Chief Executive Officer Tony Bates had one more order of business.
"The day we announced, we definitely came to see Mark," Bates said, talking of Facebook Chief Executive Mark Zuckerberg, at a press conference today announcing Facebook's plans to bake Skype's video conferencing technology into its social network. "It was for both of us, Steve and I, the most important strategic relationship."
As Google grows ever more powerful in techdom, and Microsoft's influence slips, the … Read more
Hulu acquired more new customers in June than it did in the months of April and May combined, according to a blog post by CEO Jason Kilar.
Kilar wrote that 875,000 subscribers now pay for Hulu Plus and that the company anticipates surpassing 1 million paying subscribers before the end of summer.
"We've continued our quest to make Hulu Plus available on every Internet-connected device," Kilar wrote. "In the past 90 days, we have made Hulu Plus available on Xbox 360 and Kinect, select Android smartphones, TiVo Premiere DVRs, and select Samsung Blu-ray players. Collectively, this means an additional 25 million devices are capable of accessing the Hulu Plus service."
The public has seen a wave of breathless announcements and leaks about Hulu in recent weeks. First, Yahoo was said to have made an offer, and then it was Microsoft and Google and AOL. Then Hulu announced it had renewed licensing deals with some of its content partners--the same ones, as it happens, that also own a share of Hulu.
This is the public-relations equivalent of slapping a little Bondo on a clunker. Hulu certainly has a few dings and dents to pretty up. I have no doubts that Hulu has acquired those 875,000 subscribers, but so what? Kilar crows that company amassed that number only since November, when it officially launched. … Read more
Facebook co-founder and CEO Mark Zuckerberg made waves last week when he said his company would be announcing "something awesome" this week.
Zuckerberg held court today in his company's Palo Alto, Calif., headquarters, and launched three improvements to the social network: Skype-powered video calling, group chat, and a redesigned chat tool.
Open-Xchange, maker of open-source software for e-mail and other collaboration needs, plans to release a tool to let people extract contact information from Facebook friends who've shared it.
The technique uses the company's SocialOX tool, which provides what Chief Executive Rafael Laguna calls a "magic address book" that draws on your online address books at LinkedIn, Gmail, and other sites.
Facebook is launching a new group-chat feature and a redesign to its chat tool, the company announced today.
The new features were revealed during an event Facebook held today at its Palo Alto, Calif., headquarters. Last week, Facebook co-founder and CEO Mark Zuckerberg said that his company was planning to "launch something awesome" today.
The social network's new offering will allow users to group multiple people into a single window to chat. Those who are online will get messages immediately, while those who are not on the platform will receive a summary of the conversation at a … Read more
Facebook and Skype have inked a deal that will bring video chatting to the world's largest social network.
Last week, Facebook CEO Mark Zuckerberg said that his company was planning to launch "something awesome" today. As early rumors speculated, Skype video calling turned out to be that big announcement.
Video calling has been built into Facebook's chat platform. Users need only to click the video call button at the top of their chat window in order to start communicating over video--once the call recipient accepts the video request. According to Facebook, video chatting is just "two clicks away" on the service.
That level of ease is something that Facebook and Skype seem focused on with their new deal. The social network said its video calling is "the easiest way to get connected with video."
Earlier this year, Microsoft announced plans to acquire Skype for $8.5 billion. If the companies secure regulatory approval, Skype CEO Tony Bates will lead the new Microsoft Skype division. Zuckerberg said today that the acquisition would not "change anything" related to video calling on Facebook.
Facebook is being rolled out in 70 different languages starting today, and will be available to all of its 750 million active users "over the next few weeks."