Adscend Media, accused by the Washington state attorney general in January of running a "likejacking" scam on Facebook, agreed today to a consent decree to stop spamming Facebook users and pay the state $100,000 in attorneys fees.
Facebook, which also sued Adscend in January over likejacking claims, settled that case for undisclosed terms last week.
In the state's suit, filed in U.S. District Court in Seattle, it accused Adscend of tricking Facebook users into clicking links that then mark a site as one they "like" on their Facebook news feed. That, in turn, … Read more
Senator Al Franken says Comcast may be violating Net neutrality rules by exempting its own video service from a usage cap on its broadband network.
The Minnesota Democrat today sent a letter to the Federal Communications Commission and the Department of Justice asking the agencies to take a closer look at a new service Comcast announced in March that will stream Xfinity on-demand content to Microsoft Xbox consoles.
The content that is streamed directly to the Xbox console will not be counted against subscribers' total bandwidth usage caps.Comcast now imposes a 250GB monthly data cap on its subscribers.
Glanceable media -- visual nibbles of information or entertainment that convey meaning without much intervention or interaction -- has rich precedence in the physical world. Signs, clocks, and framed photos can all be considered forms.
These days, Google (and several major Android licensees), as well as Microsoft, have provided ways to tap into this kind of media on the upper levels of their smartphone user interfaces. Since the release of the T-Mobile G1, Android has supported widgets that can live on its multipart home screens, a feature it has expanded to third-party developers.
And while many Android widgets tie back into apps, Microsoft has largely taken this approach by design with Live Tiles in Windows Phone.
Because they are almost always with us and almost always connected, smartphones have a great advantage when it comes to presenting such information at a glance.
But they do have at least one major disadvantage; they are usually stored in a pocket or handbag. Thus, we have to drag them out -- and often unlock them -- to be updated on our latest interests. This drawback has led companies ranging from startups such as WIMM Labs, Allert, and MetaWatch, to giants such as Motorola and Sony, to create smart watches as glanceable portals for content that is retrieved by the smartphone without having to retrieve the smartphone itself. … Read more
The "Wizard of Omaha" isn't buying the official explanation Yahoo has offered about CEO Scott Thompson and the misrepresentation of his educational background on his resume.
Last week it was discovered that Thompson did not possess the degree in "computer science" that he had claimed. Yahoo said the error had been "inadvertent."
The disclosure stepped up the pressure from activist investor group Third Point to fire Thompson as it wages a proxy battle to gain seats on Yahoo's board. And on Monday, legendary investor and Berkshire Hathaway CEO Warren Buffett expressed sharp … Read more
Pull up a seat and get out the popcorn. High noon came and went with Yahoo refusing the demand by activist shareholder Dan Loeb and his investment company, Third Point, to fire CEO Scott Thompson.
Third Point has just responded with a demand that the company turn over books and records related to Thompson and the board's vetting process.
In a statement issued after Yahoo ignored the deadline, Third Point indicated it plans to scour Yahoo's internal records for evidence that it will no doubt use to press its escalating proxy fight for seats on the company's … Read more
Today's analysts don't waste any time telling investors what they think about prominent companies.
Sterne Agee analyst Arvind Bhatia initiated coverage on Facebook this morning with a "buy" rating. And although Facebook is expected to go public in the next few weeks between $28 and $35 a share, Bhatia thinks the stock could hit $46 within the next 12 months.
Bhatia bases his bullish opinion of Facebook's shares on a host of factors, including his contention that the company's monthly active users will grow from about 900 million right now to more than 1.… Read more
A campaign of "ransomware" is locking people out of their computers unless they pony up the right amount of money.
Spotted by security blog abuse.ch, the malware taps into an exploit kit known as "Blackhole." Sold underground, Blackhole is used by criminals to infect computers through security holes in the browser or third-party plug-ins, such as Java and Adobe Reader.
If the version of Java, for example, is not up to date with the latest patches, the downloaded file will exploit the software's weakness by downloading the Trojan to the PC and then running … Read more
Google has another country to worry about in its fight against antitrust complaints.
India's Competition Commission announced today that it has launched an antitrust investigation into the search giant's practices on its advertising platform, AdWords. There is a chance, the agency said, that it could expand its investigation into other areas.
Google has been hit from all sides as regulators in the U.S. and European Union investigate whether the search company has violated antitrust regulations.
Last week, European Union competition commissioner Joaquin Almunia said his office is "very serious" about its investigation into Google's … Read more