PS3 BioShock demo dissed, but impact on sales is doubtful
7 Oct 2008 12:37am GMT What's wrong with the PS3 BioShock demo? A lot, according to some people who have given the demo a spin. Ripten brings us side-by-side screenshot comparisons of the demo for the upcoming BioShock which seem to demonstrate that the graphics for the PS3 are fuzzier, more pixelated, and overall sub-par when compared to the Xbox 360 version. Initial screenshots posted online showed a texture problem with a downed Big Daddy. 2K Games acknowledged the issue, but claimed it was a slip-up missed in...
Icahn's ImClone deal beings hope for Yahoo shareholders
6 Oct 2008 8:07pm GMT Yahoo's outlook has gone from bad to worse in the past week. Google announced that the ad deal the company had made with Yahoo is on hold pending regulatory investigation, and the company's stock stuttered to a 52-week low, dropping below $15 per share today before rebounding slightly. Perhaps the company would be in better shape had it listened to vocal shareholder Carl Icahn, who may have hit the jackpot today with another company he forced his way into two years ago: ImClone. While...
Why online video advertising is struggling: It's not just low CPMs and UGC
6 Oct 2008 4:43pm GMT Online video is in the midst of a crisis. It's not a crisis of creativity -- the amount of content being uploaded every day, and the range of quality programming are truly astounding. Rather, the crisis lies in revenue. Making a profitable business out of online video is extremely difficult. Liz Gannes' analysis on GigaOm touches upon a few important issues. She notes that CPMs are decreasing amidst increasing inventory levels, and advertisers are reluctant to put their messages next to...
Apple, eBay and RIM off more than 6% in Monday tech selloff
6 Oct 2008 2:22pm GMT Technology stocks were badly hurt in Monday morning's selloff, with eBay, RIM and Apple stock down more than 6% within an hour of the market's open. Even Microsoft, which is sitting on a large cash hoard and has fared relatively well over the past three weeks, was down nearly 4%. The Nasdaq's Internet Index was down more than 5%, compared to the Nasdaq's overall drop of less than 4%: Source: Google Finance More news, commentary, and predictions from The Industry Standard: Prediction:...
Briefly: CNN turns over Steve Jobs iReport author info to SEC
4 Oct 2008 5:49am GMT CNN is "doing its best to provide [the Securities and Exchange Commission] with information about the posting" on CNN's iReport "citizen journalism" site that claimed Apple CEO Steve Jobs had gone to the emergency room last night after experiencing a "major heart attack." The report dropped $7 billion of Apple's stock price in a matter of minutes before it was refuted by Apple. Part of the SEC's purview is to investigate the release of false rumors which can...