Apple has had “In App Purchases” available for quite a while now, but only recently has it become available to those apps that were originally deemed “free”. So weather your app costs $299.00, $.99, or even if it is free, you can jump on the corporate bandwagon and try to squeeze a few more pennies out of the unsuspecting consumer.
“In App Purchase is being rapidly adopted by developers in their paid apps. Now you can use In App Purchase in your free apps to sell content, subscriptions, and digital services.
You can also simplify your…
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written by Duy Phong
\\ tags: App, Apple, Free, Iphone, OS
Samsung announced today the unveiling of the YP-VX1, a voice recorder. The YP-VX1 has more than just voice recording with MP3 playback and ID3 support, as well as the company’s DNSe sound enhancement technology.
Chances are, it will probably only have a Korean release, so don’t expect to get your hands on one [...]
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written by Duy Phong
Glam Media has hired Yahoo! VP and General Manager Advertising Technology Platforms Josh Jacobs. Jacobs ran the Yahoo! display ad platform and the publisher network. At Glam, Jacobs will be working as the SVP of Brand Advertising Products & Marketing. Glam grew about 50% in display advertisement revenues over in 2009 thus far. Yahoo!’s display ad revenue actually dropped about 15%.
Glam CEO Samir Arora said that their growth is because of high engagement rates. Visitors tend to spend more time on Glam than websites such as iVillage or Conde Nast. Glam was profitable as of this past September. The company will remain profitable through the rest of the fourth quarter too.
Glam raised $125 million in funding from Information Capital LLC, Accel Partners, DFJ, DAG Ventures, Walden Venture Capital, GLG Partners, Hercules Technology, Growth Capital, Hubert Burda Media, and Mizuho Venture Capital. Glam was founded in September 2003.
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written by Duy Phong
\\ tags: OS
JVC has launched a new camcorder called the Picsio. JVC says that the camcorder has 1080p resolution but in actuality, it has 1440×1080 at 30 fps. The video is saved on an SD card as an H.264 .MOV files. The GC-FM1 is now selling for $200.
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written by Duy Phong
Cisco Systems, Inc. (NASDAQ:CSCO?) issued a statement that they will be buying Starent Networks for $35 per share ($2.9 billion total). Starent Networks makes products that allow wireless telecommuncations to control large sums of data being sent to phones and computers.
The Starent deal was worth a 20% premium over the stock closing price on Monday. Starent customers include Verizon, Vodafone, China Telecom, and Sprint Nextel. “We have had a huge explosion in data traffic,” stated Cisco chief strategy officer Ned Hooper. “We expect the market for mobile data to double every year through 2013.” Cisco is also predicting that video data will be about 60% of the data traveling on mobile networks.
Cisco has been on an acquisition binge lately. Two weeks ago Cisco made an offer to buy out videoconferencing company Tandberg for $3 billion and Pure Digital Technologies (maker of Flip video cameras) for $590 million. Cisco has the most amount of cash on hand for acquisitions than any other technology company. Cisco has $35 billion.
Starent is based in Tewksbury, Massachusetts and was founded in 2000. Starent had a 74% revenue rise to about $254.1 million last year. The acquisition deal is expected to be completed by 2010 in the first half.
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written by Duy Phong
\\ tags: OS
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