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Facebook's stock skyrockets after financial and Paper announcements

By: Charles Gantt | More News: Business, Financial & Legal | Posted: Jan 30, 2014 4:10 pm

This morning, Facebook's stock opened at a whopping $62.10 per share which is an increase of more than 16-percent from its closing price on Wednesday. Today also marks the first time the stock has risen above $60 since it went public two years ago. Analyst are attributing the large jump in growing investor confidence after Facebook released a strong financial report for the fourth quarter of 2013.

 

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Facebook reported yesterday that it had almost doubled ad revenue year-over-year to the tune of $2.34 billion, an increase of 76-percent from 2012. Facebook said that its mobile ads campaign now makes up more than 53-percent of its revenue, and with today's launch of Paper, a new app for iOS, investors continued to pour cash into the social networking giant. At the time of this writing, Facebook's stock is hovering around the $62 mark and is expected to rise slightly over the course of the day.

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Facebook's new iOS app 'Paper' is a huge win for the iPhone

By: Anthony Garreffa | More News: Apps | Posted: Jan 30, 2014 2:25 pm

Facebook has just launched a new iPhone app called Paper, a new standalone app for the social network that is more like a news reading app than purely a social network. Paper uses the traditional Facebook News Feed, but recreates it in a more immersive, full-sized experience.

 

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The new app does away with nearly all of usual buttons, and UI styles for a much cleaner, bigger status update, photos, and news stories. If you tilt your iPhone, Facebook will adjust themselves, something the team calls the "Ken turns" effect. UI elements simply face away, with news stories displayed in a much different manner. Facebook has pumped over nine months into the new iPhone exclusive app, which is also locked to the US market for now. No one outside of the US market will have access to it, for now.

 

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Paper brings forth a new venture for Facebook, where the main screen now displays completely different content. It will feel more like Flipboard infused with Facebook, made for the iPhone. A new compose screen is bought into play, where you can view the exact end product before making it live. Facebook says: "it's a publishing tool, a way of publishing great content, and a way of viewing great content".

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Nintendo confirms it will deliver content for smartphones

By: Anthony Garreffa | More News: Gaming | Posted: Jan 30, 2014 12:30 pm

Nintendo has officially confirmed it will be releasing content for smartphones, where most people are hoping this 'content' comes in the form of Nintendo's games.

 

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Nintendo President, Satoru Iwata, announced the news at a business presentation held in Tokyo, Japan. The Nintendo President announced that it his company's first step toward smartphone development, where he talked about an app that could showcase "the value of our entertainment offerings, thus encouraging more people to participate in Nintendo platforms".

 

Iwata did add the following: "I have not given any restrictions to the development team, even not ruling out the possibility of making games or using our game characters. However, if you report that we will release Mario on smart devices, it would be a completely misleading statement".

 

The second quote is what we should all be taking away from here - is that the President of Nintendo is not giving any restrictions to its development team, or ruling out using Nintendo characters - such as Mario, or Zelda.

Edward Snowden has been nominated for a Nobel peace prize

By: Anthony Garreffa | More News: Current Affairs | Posted: Jan 30, 2014 11:27 am

Edward Snowden has been nominated by two Norwegian politicians for the 2014 Nobel peace prize. Baard Vegar Solhjell, a former environment minister, and Snorre Valen, politicians with the Socialist Left party, said the public debate and policy changes in the wake of Snowden's NSA revelations had "contributed to a more stable and peaceful world order".

 

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The five-member panel will not confirm who has been nominated, but nominators include members of national parliaments and governments, university professors and previous laureates, must enter their submissions by February 1.

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Acer, ASUS to enter the wearable devices market

By: Anthony Garreffa | More News: Wearable Computing | Posted: Jan 30, 2014 10:38 am

It looks like both Acer and ASUS are preparing to enter the wearable device market, according to a report from Focus Taiwan. ASUS' chairman, Jonney Shih, said on Tuesday at ASUS' end-of-year party: "We will put our entire design thought into it. There are actually many challenges in this area, and I don't think products that lack special features will be useful. We'll try to replace your watch by all means". ASUS will most likely debut its smartwatch at Computex 2014 in Taiwan, in June.

 

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What about Acer? It will launch its wearable devices in the second half of the year, with the company working on a wearable device that will have an option for a necklace-style piece.

 

Focus Taiwan adds that the wearable devices market will grow to $20.6 billion by 2018, with 191 million units shipped worldwide.

Apple could be fined over blocking LTE on the iPhone in Belguim

By: Anthony Garreffa | More News: Business, Financial & Legal | Posted: Jan 30, 2014 9:33 am

ZDNet is reporting that Apple has been blocking 4G networks to certain carriers around the world, with the Cupertino-based giant now looking at possible fines for LTE blocking in Belguim.

 

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The Council of Ministers has ruled that no mobile phone maker can block 4G access for any carriers. Apple has a preferred partner relationship with Mobistar in the region, with Mobistar being the only officially certified by Apple to sell the iPhone. Mobistar doesn't have operational 4G network for consumers yet, but its competitors Proximus and Base do, but they are now officially certified by Apple.

 

Base's Corporate Affairs Manager, Coralie Miserque, wrote in a blog last November: "It was a true obstacle course; after months and months of (fruitless) attempts to approach Apple, Base finally received a typical Apple answer that the certification process was pending and would require some time. But how much time, the company refused to specify. It seems that Apple continues to protect its preferred partner in Belgium and refuses to certify its two competitors or at least is delaying the process until Mobistar has deployed its own 4G network. And this is not an exception, in other countries, Apple often grants its preferred partners 4G access months before anyone else".

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Apple awarded solar-powered MacBook patent

By: Anthony Garreffa | More News: Business, Financial & Legal | Posted: Jan 30, 2014 8:27 am

Apple was awarded quite the patent on Tuesday, that might end up with consumers seeing a solar-powered MacBook being announced sometime in the future. The concept's original patent filing took place in 2010, so we might not even see this technology used by Apple in the coming years.

 

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The patent described multiple formats which could be used, with a laptop being powered by direct sunlight. All versions did share the same core concept, that the display and functional features on both sides, were labeled as "electronic device display module". Currently displays baked into laptops have a screen on one side, and a non-functional lid surface on the other - which is for protection purposes.

 

Apple's new patent would see the back of its MacBook screen turned into a very special part of the device. The main concept involves a multifunctional outer surface for the laptop, which would feature photovoltaic cells, that would let the computer run indefinitely, as long as it was in sunlight.

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Facebook's mobile ads now make up over half its revenue

By: Anthony Garreffa | More News: Business, Financial & Legal | Posted: Jan 30, 2014 7:33 am

Thanks to Facebook's 945 million monthly users, 53% of the social network's revenue comes from mobile advertising. Facebook earned $2.59 billion in revenue for Q4 2013, with 556 million daily active users on mobile for the month, and 945 million monthly active users on mobile.

 

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The 556 million daily active users was just for December, which represents a 49% year-over-year increase, while the 945 million mobile monthly active users is up 39% year-over-year. This is so thanks to Facebook's News Feed ads, and its auto-play videos - as much as they annoy you, it's making the social network some serious green.

Age reversing process in mice successful, next step is human trials

By: Anthony Garreffa | More News: Science, Space & Robotics | Posted: Jan 30, 2014 5:24 am

Scientists have been working for years on the age reversing process, but it looks like we're very close to it being a reality. Scientists have successfully reversed the aging process in mice, according to a new study.

 

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The next step? Human trials, something that will begin possibly before 2014 wraps up. The study itself was published in the peer reviewed science journal, Cell, after US and Australian scientists made the breakthrough discovery. David Sinclair of the University of New South Wales, and lead researcher, says he's hopeful that the results can be duplicated in human trials.

 

Where this gets amazing, is that not only could the aging process be slowed down, but a measurable reversal. The study showed that after administering a certain compound to the mice, muscle degeneration and diseases caused by aging were reversed. Sinclair was amazed at the results, saying they had exceeded his expectations, he explained: "I've been studying aging at the molecular level now for nearly 20 years and I didn't think I'd see a day when ageing could be reversed. I thought we'd be lucky to slow it down a little bit. The mice had more energy, their muscles were as though they'd be exercising and it was able to mimic the benefits of diet and exercise just within a week. We think that should be able to keep people healthier for longer and keep them from getting diseases of ageing".

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Killzone: Shadow Fall sells 2.1 million units on the PS4

By: Anthony Garreffa | More News: Gaming | Posted: Jan 30, 2014 4:29 am

Guerrilla Games' first-person shooter, Killzone: Shadow Fall, has sold over 2.1 million copies worldwide. It reached the 2.1 million mark by not just physical Blu-ray copies, but digital downloads through the PlayStation Store, too.

 

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The developer hit 2.1 million sales on January 15, according to Sony. Killzone 2 took seven weeks to reach 1 million sales, but with Killzone: Shadow Fall being released on November 15, racking up double that amount in the same time is impressive. Did you expect more or less sales of the next-gen FPS on the PS4?

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