Roundup: Engineers leaving finance, Papermaster countersues, and more
Engineers are leaving Wall Street finance jobs to go be real engineers – As it has turned out, financial engineering isn’t so valuable.
Microsoft seems to be pulling in Facebook user data into its own web services — Seemingly in contradiction to Facebook’s user policy. TechCrunch has… Continue Reading
Roundup: Crisis speculation, another marketing-firm VC, and more
How will the current crisis on Wall Street affect Silicon Valley? – “I don’t think it will have much of an impact on Silicon Valley as an operating entity,” banker Bill Hambrecht tells Om Malik. Watch the video for more.
Meanwhile, how will online advertising be affected by… Continue Reading
Roundup: A vintage Bill Gates rant, A123’s grid ambitions, Japanese browsers and more
Bill Gates reflects on crappy Windows experiences — As the beginning of a farewell series to Microsoft co-founder Bill Gates, the Seattle PI has printed a long, stream-of-consciousness rant by Gates about the frustrations of using a piece of Windows software in 2003. “The lack of… Continue Reading
U.S. online video game subscriptions generate $1 billion in revenues per year
Dressing up as a person of the opposite sex and casting magic spells in a fantasy world has become a popular American pastime. U.S. online video game subscriptions are generating $1 billion a year in subscription revenue, according to market researcher NPD Group.
Those numbers include… Continue Reading
Updated: Chinese online game market forecast to more than triple in five years
[Update: corrected some figures here] China’s online video game market is expanding rapidly, with sales expected to nearly quadruple from $1.7 billion in 2007 to $6 billion in 2012, according to a survey being released Friday by market researcher Niko Partners.
The market is expected to… Continue Reading
Red 5 Studios wants to bring Web 2.0 to games — raises $18.5M
Red 5 Studios, a new start-up formed by the team that built popular online game World of Warcraft (WoW), has raised $18.5 million in venture capital to create online games that integrate more social networking aspects from the outset.
The funding comes from Benchmark and Sierra… Continue Reading