According to people familiar with the matter, Airbnb's valuation is set to expand up to $13 billion, up from $10 billion earlier this year, reports CNBC.
The community-driven hospitality company, if valued at $13 billion, would come second only to Uber "in the rankings of Silicon Valley's most valuable private companies". Airbnb doesn't have a CEO, after Andrew Swain left last month, which should push out the IPO, if there was one any time soon, to sometime in 2015.
In order for Airbnb employees to cash in on some of their stock between now and the IPO, the company is in discussions with existing investors about allowing them to buy back tens of millions of dollars worth of shares, according to CNBC's sources. This cash injection won't be going into new capital for the company, but instead it would reportedly go to staff.
Microsoft has posted a somewhat surprising quarterly financial report, which even exceeded analysts' expectations. The Redmond-based giant posted $5.48 billion in operating income, with $4.5 billion in net income from $23.2 billion in revenue.
When compared against the results from the same quarter of last year, Microsoft's revenue has increased by 255, but net income is down 14%. The company explains this slump of $1.14 billion because of "integration and restructuring expenses" after acquiring Nokia's Devices and Services business.
One of the bigger surprises, is that Microsoft's Surface division has performed extremely well. The Surface division posted an increase in revenue of a huge 127%, compared to the same three-month period from last year. The Surface Pro 3 has been successful for the company, with $908 million in revenue with positive gross margin, and will soon be Microsoft's next billion-dollar business. When it comes to the Lumia division at Microsoft, it sold 9.3 million handsets for the quarter, an increase of 6% on the same period of last year.
As someone who has watched pretty much all of Netflix's original series, this is news to my ears: three new original shows will be released under Netflix's wings next year. The three new shows are:
Bloodline (2015) - Starring Kyle Chandler, Linda Cardellini, Ben Mendelsohn, and Sissy Spacek. This series follows four Florida siblings whose "dark secrets" are revealed when their black sheep brother returns home. The teaser of which is above.
F is for Family (2015) - Starring Bill Burr, Justin Long, and Laura Dern. This animated series will follow the Murphy family in the 1970's. It brings us back to a time where you could smack your kid, smoke inside, and bring a weapon to an airport.
Between (2015) - Starring Jennette McCurdy from Nickelodeon's "iCarly" and "Sam & Cat." The series features a town that's under siege from a mysterious disease that has killed everybody - except for those 21 years old and younger.
3D Realms is back, unveiling a slew of nostalgia with its new 3D Realms Anthology, which is available through their website for $19.99. The pack includes some of the biggest names in gaming from the 90s.
We have: Duke Nukem 3D, Shadow Warrior, Commander Keen: Goodbye Galaxy, Wolfenstein 3D, Rise of the Triad: Dark War and more, all DRM-free. Better yet, there are free downloads of some of their other games, including Alien Carnage, Major Stryker, and Stargunner. The company got rid of its former staff in 2008, but kept the rights to Duke Nukem and other big names. Get in on the new 3D Realms Anthology and enjoy some great PC gaming memories - remember folks, even these games run at past 30FPS.
We recently discovered a new SSD controller design company is forming and many of the names involved are familiar. The group is headed up by CEO and co-founder Mike Lee. Mr. Lee's former employer was SK Hynix, where he was the Director of SSD SOC Development for the Link A Media Devices team (LAMD).
At this time, details nearly nonexistent other than a few bits of information scattered around the web. The above image started our hunt for more information. Many in the photo are former SandForce, LSI and Skyera employees and all are now with Tidal Systems.
We've often wondered what affects SandForce ping pong would have on employees. SandForce was first acquired by LSI, then LSI was acquired by Avago and then SandForce was spun off to Seagate. SandForce founder, CMO and former NVIDIA nForce chipset architect Radoslav Danilak started Skyera to focus on all-flash enterprise storage a few years ago. At least a handful of the pre-LSI SandForce team went with him. Skyera already has two products on the market, skyHawk and skyEagle.
We did find a short description about Tidal Systems online:
Leveraging our Revolutionary DATA-Compression and Error-Correction (LDPC) Algorithms to create most Powerful System Controller (SoC) and related firmware/software systems solutions to address fast growing NAND Flash Memory based storage products, which is essential for Cloud Computing; Big Data Center; Smartphone, Tablet PC and all Ultra-Portable Computing Appliance.
In short, they will make flash controllers. We wish the team good luck and hope to be the first to test the new products when ready.
LG has announced its new G3 Screen smartphone, but something much more interesting is being launched simultaneously: LG's new "NUCLUN" processor. LG's new chip is an 8-core processor built on ARM's big.LITTLE technology, featuring four 1.5GHz cores, with four 1.2GHz cores.
The faster 1.5GHz cores will be doing the heavy lifting while the four 1.2GHz cores will be doing all of the less processor-intensive stuff. LG says that NUCLUN is "designed to support the next generation of 4G networks, LTE-A Cat.6, for maximum download speeds of up to 225Mbps while retaining backward compatibility with current LTE networks". LG Electronics Mobile Communications Company President and CEO, Dr. Jong-seok Park, said: "NUCLUN opens up a new chapter in LG's history of innovation in the mobile industry. With this in-house solution, we will be able to achieve better vertical integration and further diversity our product strategy against stronger competition. NUCLUN will give us greater flexibility in our mobile strategy going forward".
As for the G3 Screen, we have a 5.9-inch Full HD IPS-based panel, the aforementioned and very impressive sounding NUCLUN processor, 2GB of RAM, 32GB of on-board flash expandable through microSD, a 13-megapixel rear-facing camera with OIS backed up by a 2.1-megapixel camera for selfies, Android 4.4 KitKat, and a 3000mAh battery. We have the super-fast LTE-A Cat.6 connectivity, and when it comes to size we have 157.8 x 81.8 x 9.5mm (or 6.1 x 0.3 x 0.37 inches), and 182g (or 0.4 lbs).
The last time we heard about Assassin's Creed: Unity was just a couple of weeks ago, when we reported that the game will be running at 900p and 30FPS on both the Xbox One and PS4 so that it will "avoid all the debates" about resolutions between the consoles.
Well, the PC requirements have been released by Ubisoft, with Assassin's Creed: Unity requiring 6GB of RAM, a 64-bit version of Windows 7/8 or 8.1, and 50GB of HDD space. You'll need, at a minimum, Intel's Core i5-2500K, or AMD's FX-8350 or Phenom II x4 940. Ubisoft recommends an Intel Core i7-3770, or AMD FX-8350 or better. When it comes to RAM, 6GB is required, while 8GB is recommended.
On the GPU side of things, Ubisoft requires you to have an NVIDIA GeForce GTX 680 or AMD Radeon HD 7970, while a GeForce GTX 780 or Radeon R9 290X is recommend. Holy hell: a GeForce GTX 680 or Radeon HD 7970 is required to even get the game up and running? That's actually quite shocking.
The ability to take screenshots on Microsoft's next-gen console isn't something you can do right now, with the simple screenshot taking ability meant to come in the December update, but it has been revealed that it won't be happening just yet.
Xbox boss Phil Spencer has come out and said: "It's a little more technically challenging than I thought. Two weeks ago, they think they've found a good solution for screenshots. They're working on it. They know people want it. The team has a path to getting it done, and now it's just prioritizing".
Microsoft is pushing out its December update soon, with it being smaller than some of the previous updates to the Xbox One. Spencer has said that it's time "for us to pause for a little bit and settle just as all the new consoles are coming online". What do you think? Excuses? A closed-off system like the Xbox One should've had screenshot taking abilities from day one, it's not like we're talking heavy stuff here, like 1080p at 30FPS, let alone 1080p at 60FPS - there's no hardware change in letting gamers take screenshots.
Following the Texas Ebola outbreak from earlier this month, the virus has now appeared in the city that never sleeps, with the first case being diagnosed at New York's Bellevue Hospital.
According to the New York Times, the patient identified as Dr Craig Spencer, returned from Guinea earlier in the week after assisting 'Doctors without borders' in treating patients with the virus. Fears have been heightened after Dr Spencer had significant contact with the population upon his return, travelling from Manhattan to Brooklyn on the subway on Wednesday night, going to a bowling alley and then catching a taxi.
Authorities have long feared that the virus would be unleashed in a densely packed area and with a population of over 8 million people packed on a tiny island, authorities have now been put on high alert.
The Sony PlayStation Experience event will take place December 6-7 at the Sands Expo and Convention Center in Las Vegas, Nevada. Tickets will go on sale starting tomorrow, and one day passes will cost $50, while two-day passes will be available for $90.
The event will feature 400,000 square feet of PlayStation games, with panels, contests, signings, giveaways, and collective memorabilia open to attendees. This is a unique offering from Sony, trying to provide an event to PlayStation fans in a smaller, more personal setting than E3, CES, and other major industry trade shows.
Would you fork over $50 or $90 to head to Vegas to enjoy some PlayStation-themed entertainment?