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Second Life lay off: times are tough for virtual worlds too

06/09/2010, As an adjustment to the economic situation, Linden Labs -the company behind Second Life- will lay off 30% of its staff to increase its bottom-line. The company says that it will focus on making virtual good the top income-generator in the future....

Who’s Making Money in Mobile? (Panel)

07/29/2009, By Ravit Lichtenberg (blog) – At the Always On Summit at Stanford, an impressive panel is underway, discussing mobile monetization, the role of the operator, platform, apps, etc. Being in the Silicon Valley, the iPhone conversation dominates....

Sony Posts a Loss of $1 Billion For Last Year, Expects More Losses

05/14/2009, Sony just reported a rare annual net loss of $1B amid a slump in demand for electronic products, especially from expensive brands like Sony. The company is now under pressure to reduce the cost of its operations. It has started by shutting down three...

Android Smartphones Shipments Expected to Jump 900% This Year

05/11/2009, That’s according to Strategy Analytics’s Tom Kang: “We forecast global Android smartphone shipments to grow an impressive 900 percent annually during 2009. The Android mobile operating system from Google gained early traction in the...