The Wall Street Journal’s All Things Digital blog is reporting that Zynga is set to file for its initial public offering with the Securities and Exchange Commission as early as this week. This move is not entirely unexpected considering how well the recent IPOs of several Internet companies have done recently (e.g., LinkedIn and Russian search giant Yandex). Zynga’s strong performances show the huge investor appetite for fast-growing and high-profile Web 2.0 firms.
Its early titles, such as FarmVille and Mafia Wars, first vaunted the San Francisco-based company into consumer prominence, and it has recently struck a number of high-profile branding deals with Lady Gaga and the makers of the upcoming animated movie “Kung Fu Panda 2,” among others.
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Smartphone maker HTC plans to introduce a range of different tablet computers to gain a its share in the fast-growing market, a company executive said on Tuesday.
The global market for tablets, started only last year with Apple’s iPad, will likely grow to 108 million devices next year, compared with just 17.6 million in 2010, according to research firm Gartner.
“I really believe that the tablet market is really going to be a big market in the future and this is just the start,” HTC Europe head Florian Seiche told the Reuters Global Technology Summit.
“In five years’ time, schools will have tablets probably instead of physical notebooks. I think that’s going to be such a massive wave of additional penetration in society… I think we can’t even guess the potential.”
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American Express has just debuted a digital payment and commerce service that makes it possible to use Android-based devices and Apple iPhones for person-to-person online payments. Visa announced a similar personal payment product in the U.S. on March 16.
Analysts say the moves by Visa and American Express are clearly aimed at challenging PayPal in the personal payments business.
The new Amex service, named Serve, allows consumers and small businesses to make purchases and person-to-person payments on iOS- and Android-based devices. Serve accounts are also accessible on personal computers through Facebook and at Serve.com.
Serve also allows users to create and manage sub-accounts for friends and family members.
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Google is joining Citigroup and Mastercard to establish a mobile payment system that will turn Android phones into a kind of electronic wallet, the Wall Street Journal said, citing people familiar with the matter.
The new system, which is in its early stages, will allow consumers to wave their Android phones in front of a small reader at the checkout counter to make payments, the Journal reported.
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Motorola Mobility has snagged a number of experienced mobile and Web engineers from Apple and Adobe and is developing a Web-based mobile operating system as a potential alternative to Google’s Android software, according to a source familiar with the matter.
Asked to comment, Motorola did not refute the existence of the project but continues to affirm its interest in Android. “Motorola Mobility is committed to Android as an operating system,” a company spokesperson stated.
Jonathan Goldberg, an analyst with Deutsche Bank in San Francisco, said that he too had heard Motorola was at work on its own operating system. “I know they’re working on it,” “I think the company recognizes that they need to differentiate and they need options, just in case. Nobody wants to rely on a single supplier.”
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Last year the US lost the Super Computing crown to China which was assisted by a US corporation. Hating to be beat the US is not seeking to wion the crown back under a project being called Titan.
On the campus of Oak Ridge National Laboratory (ORNL) in Oak Ridge Tennessee we have gotten word that “Titan” has been commissioned by the US Department of Energy. The Supercomputer is expected to achieve speeds of 20 petaflops per second.
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Dell is apparently in the process to debut two new microservers that are equipped with low-power consumption efficient processors from AMD and Intel.
Representatives from Dell stated that the PowerEdge C5125 and C5220 were built for businesses that want to set up cloud computing infrastructures. Dell’s Barton George wrote in his blog that the C5125 will utilize AMD processors and will ship next month and the C5220 which will have an Intel processor will ship in May. The PowerEdge eco-friendly servers will have a dense 3U infrastructure that has 12 one-socket servers that can be used for running one application. These types of servers use four times less rack space and cabling which makes data centers more efficient.
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With many versions of the Core i5 Sandy Bridge processor already on the market, Intel has assumed another CPU will not hurt the brand.
Therefore it is being rumored that Intel will release the Core i5 2310 processor which is supposedly 100MHz faster than the Core i5 2300. Read more….
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This is shaping up to be quite the season for the tablet wars as Research In Motion’s long-awaited device, the BlackBerry PlayBook, is set to go on sale in the United States and Canada on April 19 at a base price of $499.
RIM said on Tuesday it plans to sell the PlayBook through retailers and wireless carriers including Best Buy, AT&T, Verizon, Radioshack, Sears Canada and Wal-Mart. ReadMore….
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The ever increasing popularity of tablets and smartphones has boosted sales of Wi-Fi equipment to new heights as businesses upgrade their wireless networks, analysts reported earlier this month.
Worldwide sales of wireless LAN equipment rose to $769 million in the fourth quarter of 2010, up 28% from the same period in 2009, according to Infonetics Research. Research firm Dell’Oro Group reported that for the full year, wireless network revenue surged by 25%, surpassing $5 billion. Read More……
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