Shares in Japanese gaming giant Nintendo have fallen more than 20 percent after it posted a first-quarter loss, cut forecasts and slashed the price of its 3DS handheld console less than six months after its launch.Shares tumbled to 11 170 yen on the Osaka Stock Exchange to hit six-year lows, the day after the gaming giant booked a net loss of 25.5-billion yen (US$327.9-million) for the April-June quarter.Nintendo cut its forecast for the year to March 2012 to a net ...

Twitter has confirmed that it will begin placing advertisements known as "Promoted Tweets" in the timelines of users who follow a particular brand or company.Twitter said it will begin testing the new advertising offering with a number of companies including Dell, Gatorade, Groupon, JetBlue, LivingSocial, Microsoft, Red Bull, Starbucks and Virgin America.Promoted Tweets from non-profits such as the Make-A-Wish Foundation and the American Red Cross will also be shown, the San Francisco-based Twitter said in a blog post."When we decide ...

Google+'s explosion into the social networking sphere may be slowing down, Bloomberg reports.While growth for the social network continues to grow in terms of user numbers -- 10-million in two weeks and 20-million in a month -- a report shows that traffic to the site does not reflect the same trajectory.Experian Hitwise, a company which tracks internet behaviour, has found that the initial interest shown by users seems to be waning.Bloomberg quotes the research company as finding that total visits ...

eCommerce service provider, MTN Mobile Money, has launched a mobile payment mechanism, which will enable users to purchase products online using a debit card.MTN Mobile Money says the mechanism, called payD, will enable millions of South Africans to make secure, online payments using only their pin-based debit cards.It is hoped that payD will provide a boost to South Africa's lagging ecommerce market.World Wide Worx's Online Retail in SA 2011 report shows that retail ecommerce hit R2 billion ...

Hackers using an Internet address registered in China have gained access to major South Korean websites and may have stolen the private information of 35-million users, authorities say.They breached the systems of Nate and Cyworld, both run by SK Communications, the Korea Communications Commission said.Nate is a search engine with 25-million users and Cyworld is a social networking website with 33 million users in a country with a population of 48.6-million.From the two sites combined, information on about 35-million users ...

"This time it's different".It's always different. When Cisco hit US$80 a share in 2000, making it the most valuable company in the world (worth US$555bn), it was different. It was also different when Goldman traded at US$235 in 2007 (and when AIG hit over US$2000 in 2000 and around US$1500 just four years ago).Perhaps in the original bubble, Dutch Tulip mania in 1637, it wasn't different.With the latest flurry of tech IPOs on Wall Street: LinkedIn, Pandora Media and Zillow ...

If a picture says a thousand words then, some may argue, a video packs in a million.In the internet age, concentration spans are increasingly shrinking. An effective message makes a point and keeps attention. The fact that there are arguments that social media may be causing attention deficit disorder is perhaps enough to underlie the issue.Enter Blink Tower, which believes it has a solution.Its founders, including Skyrove's Henk Kleynhans say they turn ideas into simple videos which "even ...

Leave it Google to begin a product launch with "speed dating". Ten minutes with someone from Google South Africa. Agencies and individuals had the opportunity to discuss ideas and strategies for their clients. This is how Google Engage SA kicked off.Google Engage is a partner program which has been available in the USA, Canada, Middle East and UK for several years now and is aimed at online marketers, advertising agencies, designers and SEO experts.Engage is ...

In 2008, an article on socialmediatoday.com titled "Why Social Media in South Africa Will Fail", made a rather daring assertion:...social media and social media marketing and social media strategy is an almost pointless pursuit for businesses in South Africa...Perhaps the image projected of Africa may, in times past, have led one to believe that there are other more pressing issues to deal with in Africa. I mean, this is Africa we're talking about, there's hunger and disease to be dealt ...

Half of all Netflix users connect to the popular US video streaming service using a game console, according to a recently published Nielsen survey.The Nielsen survey looked at the viewing behaviour of users of Netflix and Hulu, a website owned by Disney, NBC Universal and News Corp which offers movies and television shows on demand.Forty two percent of the 12 000 people surveyed by Nielsen in March said they watch movies and TV shows from Netflix directly on their computers.A ...