Android – Iphone – Applications

Riot Games is a social game development company that is best known for creating the League of Legends.  Earlier this week Riot Games announced that they have raised about $8 million in Series B.  The investors include Benchmark Capital, FirstMark Capital, and Tencent Holdings.  Rather than making revenue from advertising, Tencent and Riot games depend on the sales of virtual goods.

Riot Games is currently developing an online game platform which is what the funding will go towards.  Considering that Tencent is one of the largest virtual good dealers in China, they may even lend their expertise to Riot Games.  The company is licensing the League of Legends in China and will launch in the country by 2010.

Tencent is the parent company of Internet portal QQ.com.  They sell virtual goods through their portal, IM software, social networks, and games.  These virtual goods include pets, clothing, wallpapers, etc.  Tencent made about $700 million last year according to BusinessInsider.

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San Jose, California based manufacturing company Cisco Systems Inc. is investing a large amount of money into SkyLake, a South Korean based private equity investment firm.  So far Cisco has invested $32 million and they plan to invest a total of $2 billion as part of a 5 year strategy in the technology sector for SkyLake.

Some of SkyLake’s recent investments include Viatron Technologies, DASAN Networks (Nokia Siemens subsidiary), and Wemade Entertainment Company.  The investment made by Cisco shows the company’s intentions to globalize.  Cisco has a high interest in creating a higher presence in the Asia-Pacific area.

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Bwin Interactive Entertainment has announced that they intend to acquire Giogo Digitale.  Gioco is an Italy-based gaming website.  The boards and shareholders of both companies agreed to the acquisition.  There is still a binding agreement to be made for the acquisition to be completed.  The financial details were undisclosed, but Daniel Stewart & Company analyst James Hollins predicted the acquisition to be worth about $143 million (100 million Euros).

Bwin has designed sports betting, casino, poker, and other betting games in about 25 different markets.  Bwin’s games can be accessed through the Internet and mobile phones.  Some of Bwin’s websites include Bwin.com and pokerroom.com.  Bwin made it clear that they were interested in online gambling in Italy according to previous quarterly report.

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Tata Docomo has unveiled a plan that charges on a pay-per-character basis.  The cost of each character would be only one-paise-per character.  There is 100 paise per rupee and an Indian rupee is the equivalent of 2 U.S. cents.  The plan is called Diet-SMS.  “The cost of any Diet-SMS will be only one paise per character used, thereby providing complete value to customers,” stated Tata Docomo in a press release.  The spaces in between words will not be charged.

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This is a wrapup of the articles written this past week…

Twitter apps “secure connection failed” errors

Recently I’ve been getting the same error more and more often and it’s getting very annoying: Secure Connection Failed.

mQuickDo review and app giveaway

A review of the mQuickDo jailbreak app with a contest to give away 10 copied of the application.

iPhone stuck on reboot fix

A fix to the problem where your iPhone gets stuck on reboot, or hangs on the Apple logo.

iPhone 3.1 is out!

If your iPhone is jailbroken, you should not update to OS 3.1. Doing so will just wipe out your jailbreak and may make it impossible to jailbreak or unlock in the future.

Everything you need to know about iPhone 3.1

There is not much to it! It seems to me all this event was actually kinda disappointing but that’s what happens when you expect too much…

How Apple does business by giving us less

That’s interesting how a $149 iPod Nano gets a video camera with speaker and microphone but yet, the $399 iPod Touch doesn’t.

No 3.1 jailbreak yet

There is no jailbreak yet for firmware 3.1 but I am confident the Dev Team is working overtime to deliver to us a jailbreak (and maybe an unlock) for 3.1.

The recession case for iPhone

This case was developed to provide basic protection for your iPhone without leaving you broke.

written by admin \\ tags: asked-question, ipad 2, ipod touch, ipodtouch, red bull, redbull, remoteapp