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Things looking up for Facebook as Bank of America raises price target to $35 thanks to 'innovation' with Graph Search

By: Trace Hagan | More News: Business, Financial & Legal | Posted: Jan 16, 2013 10:09 pm

With the "innovation" of Graph Search, some investors are seeing a brighter future ahead for Facebook. Bank of America Merrill Lynch has revised their target price for Facebook stock, increasing it to $35 from $31. Justin Post, an analyst for the bank, says Graph Search was "an example of Facebook's ongoing innovation to increase engagement and potential to add revenues to the platform."

 

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Facebook's stock is actually trading down by about 0.8 percent, at the time of writing, which could be investors having some uncertainty about the Graph Search product that was introduced yesterday. Investors are likely not happy that Facebook unveiled something that couldn't be monetized immediately.

 

Bank of America continues to suggest buying the stock.

Google hosting hackathons in SF and NYC for early backers of the project

By: Trace Hagan | More News: Hacking & Security | Posted: Jan 16, 2013 9:27 pm

For those developers who supported the Google Glass project early on by ponying up $1,500 to buy a developer set, Google will be hosting two hackathons, one in San Francisco and one in New York City, where early backers will be able to go hands on with early prototypes of the wearable computing devices.

 

 

Google's hackathon in San Francisco will take place January 28 and 29 and the hackathon in New York City will take place shortly after on February 1 and 2. The events are called Glass Foundry, a fitting name for the hackathons, and both events appear to follow the same agenda.

 

The first day will introduce the device and let developers use it on-site. After that, the hackathons will dive into the Mirror API and development with Google engineers at attendees' sides to answer any questions. Space is limited, so if you put out the $1,500 to get an early pair, you should get in contact with Google before all the slots are taken.

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iPhone 4S users on AT&T will finally be able to use FaceTime over cellular data

By: Trace Hagan | More News: Apps | Posted: Jan 16, 2013 9:04 pm

AT&T has been slowly reducing restrictions on Apple's FaceTime. The latest reduction in regulation comes in the form of AT&T allowing iPhone 4S users on a tiered data to use FaceTime over their cellular data. Previously, AT&T would not let non-LTE devices use FaceTime over the network. This change also means that other smartphone devices that don't feature LTE will be able to video chat over cellular data, again, provided that they are on a tiered data plan.

 

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AT&T Mobility VP Mark Collins:

 

When FaceTime over Cellular launched in September 2012, we explained that we wanted to roll it out gradually to ensure the service had minimal impact on the mobile experience for all of our customers.

 

As a result of ongoing testing, we're announcing AT&T will enable FaceTime over Cellular at no extra charge for customers with any tiered data plan using a compatible iOS device.

 

This means iPhone 4S customers with tiered plans will be able to make FaceTime calls over the AT&T cellular network. AT&T previously made FaceTime over Cellular available to customers with a Mobile Share plan and those with an LTE device on tiered plans.

 

Of course, FaceTime over Wi-Fi remains available for all customers who have a compatible iPhone or iPad.

 

The new update to video chat regulations will roll out automatically over the next few weeks. AT&T says everything is automated, so all you need to do is be patient.

Moving to a new country? Take your Xbox Live achievements with you as Microsoft lets users migrate regions

By: Trace Hagan | More News: Gaming | Posted: Jan 16, 2013 8:42 pm

Microsoft has officially announced that Xbox Live region migration is a go. This means that users moving to a new region of the world, say from the US to Europe, will be able to take their "gamerscore, unlocked achievements, any Microsoft Points already in your account and any remaining time on your Gold membership" with them.

 

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Of course, when in the new region, some things will be different. For instance, payment methods, content, and select services may not be available in the region you have moved to, but this doesn't come as a surprise. When you move into that new region, your account then falls under the rules of that region.

 

To find out how to migrate your account, you can check out Microsoft's website. When you're ready to make the plunge, you can start the process via this Xbox Migration page.

Vote to change the color of the LED lights on the Empire State Building

By: Charles Gantt | More News: Current Affairs | Posted: Jan 16, 2013 6:35 pm

The Empire State Building wants you to be the one to choose the official standard of colors for its new LED tower lights. The lighting system designed by Phillips Color Kinetics, allows customized lighting schemes from a pallet of over 16 million colors.

 

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Starting tonight through Jan 20th the building will be shining a different shade of the same color on each of its four faces. The colors red, orange, yellow, green, blue, purple and pink will be used giving you a total of 28 choices. Those interested in helping choose the colors can head over to the buildings official Facebook page to cast your vote.

 

The Empire State Building often uses its lighting to celebrate or highlight certain events. In case you're wondering, @esb_lights is an unofficial Twitter account that explains the meaning of ESB's lighting on any given day. The final seven colors will be announced the week of Jan. 21, 2013.

Temple Run 2 releasing to the US tonight at 11:00pm EST

By: Charles Gantt | More News: Apps | Posted: Jan 16, 2013 5:51 pm

The widely popular game Temple Run took gamers by storm in 2012, it became so popular that merchandising deals were made and you can now buy Temple Run gear. Fans of the game have been eagerly awaiting the next iteration and now they have to wait no more.

 

 

Already available on the international market, Temple Run 2 will go live in the Apple App store for iOS devices at 11:00pm EST tonight for the US market. The game will be available as a free download and will contain in-game purchases.

 

No word on when we will see Temple Run 2 on Android, but we can assume that it won't be long with the app having over 50 million downloads in the Google Play Store.

Continue reading 'Temple Run 2 releasing to the US tonight at 11:00pm EST' (full post)

Web developer fired for outsourcing entire job to China

By: Charles Gantt | More News: Current Affairs | Posted: Jan 16, 2013 5:03 pm

A developer working at an anonymous "critical infrastructure company" has been terminated because he was caught outsourcing his entire job to China. The trickery was highlighted in a recent study in which Verizon was asked to complete about some suspicious network traffic.

 

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The employee who is called "Bob" in the study, was caught when someone noticed suspicious activity on the company's VPN log. "We received a request from a US-based company asking for our help in understanding some anomalous activity that they were witnessing in their VPN logs. Plainly stated, the VPN logs showed [Bob] logged in from China, yet the employee is right there, sitting at his desk, staring into his monitor", the study reported.

 

Bob had hired Chinese developers to complete all of his task, while he sat back and browsed Facebook, Reddit and LinkedIn for most of the day. If you did not think that this story could get any better, Bob was actually running this same ruse with several other full-time employers which was earning him a combined salary of several hundred thousand dollars a year.

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LeakedTT: RIM BlackBerry 10 sales pamphlet leaked

By: Charles Gantt | More News: Mobile Devices, Tablets & Phones | Posted: Jan 16, 2013 4:17 pm

As the January 30th launch inches closer, more information about the upcoming BlackBerry 10 is surfacing. This time the leak is in the form of a sales manual.

 

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The internet is swarming with images of RIM's Blackberry Z10 and X10 models, but the manual is packed full of screenshots, menu images and it confirms specs we have reported on in the past. The full manual can be found at the source link below.

 

Research in Motion is set to unveil the new handsets on January 30th, and analysts say that the BlackBerry 10 mobile operating system and its accompanying phones might just save the dying company. This past weekend RIM held a series of "Port-o-Thons" that led to over 15,000 apps being ported to the company's new platform in just three days.

New Chevy Corvette Stingray C7 features 8-inch customizable instrument cluster

By: Charles Gantt | More News: Technology in Vehicles | Posted: Jan 16, 2013 3:31 pm

Chevrolet's new Corvette C7 Stingray is making headlines across the net, and now we get a glimpse at the sports car's high-tech 8-inch customizable instrument cluster. In the video below, Autoblog gives us a quick overview of the new dash cluster.

 

 

Behind the bright red super car's steering wheel is a high resolution screen that can display three different layouts: sport, touring and race. Sport mode locates the tachometer to the center, while touring slides it to the side to make room for navigation, and race mode morphs the tachometer into a vibrant ascending bar graph.

 

The modes can be configured to display many different details ranging from g-force to lap times. Dash displays like this have been shown off before, but this new display is certainly something all other high-end sports car makers are sure to be envious of.

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For the first time smartphones are consuming more data than tablets, research shows

By: Charles Gantt | More News: Mobile Devices, Tablets & Phones | Posted: Jan 16, 2013 2:45 pm

A new study has revealed that smartphones have for the first time topped the data consumption charts. In a study conducted by mobile analytics firm Arieso, smartphone users now "consistently consume" more mobile data than tablet users.

 

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Apple's iPhone 5 tops out the list of "hungriest" data consumers, who actually demand 50% more data than iPhone 4S users and four times the data than iPhone 3G users. Samsung Galaxy S III users however, generate more upload data than all iOS-based phones.

 

Overall, mobile data usage is through the roof, and is growing exponentially, with new devices being activated every day. LTE networks are beginning to bear some of the load, but we are still far off from a true nation-wide LTE network in the United States.

Continue reading 'For the first time smartphones are consuming more data than tablets, research shows' (full post)

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