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  • Google shares drop 5% after first quarter earnings report

    Despite reporting a US$2.3 billion profit, Google shares fell in after-hours trading on Thursday as the internet giant's earnings came in slightly below Wall Street expectations, dragged down by rising operating expenses. The Mountain View, California-based Google reported a first-quarter net profit of $2.3 billion, up from $1.96 billion a year ago. Net revenue rose 29 percent to US$6.54 billion in the quarter which ended on March 31, better than the US$6.32 billion expected by analysts, but earnings per share of $8.08 came in below the forecast of $8.11. Google shares fell 5.36 percent to US$547.50 in after-hours trading as investors appeared...

  • Mobile social network Motribe celebrates ‘one million user’ milestone

    Memeburn has it on good authority that Motribe, the relatively-new mobile social networking platform that empowers users across the world with tools to build and manage their own mobile social network, claims to have now hit the "one million user mark". The venture capital-backed startup focuses its attention primarily on emerging markets in Asia and to some extent Africa, and markets itself heavily on mobile advertising networks like Google Adsense for mobile and Admob -- where much of the service's traffic is thought to emanate. Motribe is backed by early-stage venture capital company 4DiCapital, which forms part of international...

  • The ‘hyper-fragmented’ state of the music industry: Where to from here?

    The digital, online revolution has had a profound effect on almost every industry you can think of. But perhaps the hardest hit of all has been the music industry, where the model that worked for generations has collapsed and new ways of making people pay for music are being tried and tested every month. A comprehensive report into the "Hyper-Fragmented World of Music" by research company Nielsen reveals a complex picture of the massive music industry that could provide a road map for engaging with fans during the digital era. The "watch habit" Conducted over 53 countries in conjunction with...

  • Piers Morgan vs Rio Ferdinand: The Twitter catfight

    The media loves Twitter. The media loves celebrities. The media really loves celebrities feuding. The media really, really, loves a feuding celebrity being told off. Add all of that together and you've got the perfect 'news' story. Esteemed and trusted media house, The Guardian, with much apparent glee late last night (UK time) ran a story on how former Manchester United captain Rio Ferdinand had apparently been contacted by an official from Twitter who told him to cease "cyber-bullying" under the headline, "Twitter shows Rio Ferdinand yellow card for cyberbullying Piers Morgan". The website stopcyberbullying.org defines cyber-bullying in part as,...

  • Could that really be your next tweet?

    Twitter has become a great resource in today's journalistic landscape. In fact Twitter is a great resource in general. However at its basic core, the fundamentals of the microblogging site is that it is an amazing distraction. Yes Twitter can be a super time waster. What's even more time consuming are some of theTwitter resources out there. There are plenty of them, ones that feed to your vanity measuring your influence (telling you how "powerful" you are in the tweetosphere), ones that aggregate your tweets and tells you which tweets will get you more followers and ones that exposes...

  • What your business can learn from The New Yorker’s online strategy

    Having featured greats such as Dorothy Parker, and regularly featuring writers of the calibre of David Sedaris, The New Yorker has, and continues to be a recognised leader when it comes to quality writing. However, when it comes to its online strategy, they have been somewhat lacking. With a paywall so clumsy and easy to hack -- to use the term very loosely looking into the magazine's online strategy last year, Kevin Shalvey said “it was as if an absentminded surgeon had left his scalpel, forceps and gauze inside a patient". Without a doubt a serious revamp of...

  • Google’s search algorithm is a never-ending work in progress

    The head of Google's search evaluation team shakes his head dismissively at the idea of anyone thinking the firm's winning internet-sifting formula is completed. Far from it. Software engineers reverently refine Google's search algorithm so consistently that it often ends a day a tad different from when it started. Scott Huffman's team tested "many more than" 6 000 changes to its search engine in 2010, with 500 of them passing the grade to become permanent. "We have changed engines on a flying plane so many times it has become second nature to us," Google fellow Amit Singhal said, referring to how internet firms...

  • RIM CEO abruptly stops BBC interview citing ‘national security issue’

    “Alright, so it’s over, interview’s over. Please, you can’t use that Rory, it’s just not fair... We’ve dealt with this, this is a national security issue, turn that off...” This was RIM’s co-CEO Mike Lazaridis’s response to a question posed by BBC's technology correspondent Rory Cellan-Jones, when he was pressed on issues the smartphone maker was facing in India and the Middle East last year. Following terrorist acts orchestrated via BlackBerry smartphones, governments pushed for greater access to RIM’s BlackBerry platform, which is widely recognised as one of the most secure mobile platforms in the world. Cellan-Jones questioned Lazaridis on...

  • Greenpeace wants Facebook to ‘unfriend’ coal and ‘Like’ green energy

    A few member of environmental activism group, Greenpeace, were outside Facebook headquarters on Wednesday, calling on the social network to "unfriend" coal energy for powering data centers and other operations. Members of the international environmental group set up a large computer screen to display comments streaming in from around the world in response to a Facebook post urging the firm to join an energy revolution. "We want them to 'unfriend' coal and 'Like' green energy," said Greenpeace spokesman Daniel Kessler, who estimated that a dozen volunteers greeted Facebook employees as they arrived the startup's campus in the Silicon Valley city of...

  • Artificial limitations: How will copyright hold up to 3D printing?

    As content moved into the digital realm, copyright found itself facing tremendous new challenges. Digital content may require resources to create, but it requires nearly nothing to be replicated. Slowly but surely, our media lost all limitations with regards to distribution. First the written word fell to word processors, photocopiers and printers. Photography followed suit. With CD/DVD writers and broadband connections, audio and video are going the same way. All these media have become practically free to transfer and spread. This was a mixed blessing for the content creators; as distribution costs dropped, so too did the value of their...

  • Webby Awards nominees announced, from Angry Birds to the BBC

    With a plethora of award shows, Hollywood devotes an entire season to discovering who was the best of the best, but for the web, far more popular than old Hollywood, there's only one arbiter... The Webby Awards. The Webbys, 15 years old this year are famous for often being the first to identify up-and-coming stars along with their memorable and oft times hilarious five word acceptance speeches. Last night, Jake and Amir of the hilarious collegehumour.com's web-series announced this years nominees. Nominees include breakout pop culture and internet sensations ranging from Angry Birds, Groupon, the Old Spice Guy, and of course...

  • Twitter: Malware in 140 characters [Infographic]

    It's been five years since Twitter arrived on the social media scene and, with over 50 million tweets per day, the popular micro-blogging platform has been the buzz of users, celebrities, artists, social activists, popular CEOs and philanthropists worldwide. Twitter has stirred up governments, influenced social revolt and political change as well as media companies who have now adopted the "140 characters or less" broadcast medium. And if that's not enough for even for the most hard-headed of skeptics, then note that even American President Barack Obama has a Twitter account and is actively making good usage out of the service to help drive his political campaigns. But, despite all...

  • Dutch airline’s social media experiment: Success or stalking?

    As more and more companies struggle to leverage the power of social media in new and interesting ways, one airline recently took an old school approach to rewarding its customers for mentioning them via social media. Dutch airline KLM used the power of social media for a campaign dubbed "KLM Surprise" to pinpoint certain customers and buy them gifts depending on who they were and where they were going . The campaign, involved a close monitoring of social media channels by members of the KLM staff. They were on the lookout for people who were waiting at airports for KLM...

  • Six malware milestones: From Brain to Anna Kournikova

    A portmanteau of malicious and software, ‘malware’ is defined by the Oxford English Dictionary as “malicious software, such as a virus, which is specifically designed to disrupt or damage a computer system”. In today's society malware is a given. However, this wasn't always the case. In the not-so-distant past, the release of a new computer virus was something which was reported on much like today’s latest Apple innovations. With this year being recognised as the 25th anniversary of malware, it makes sense to look at a history of the most iconic, destructive and memorable malware. Brain Created in January of 1986, Brain is...

  • Twitter brings ‘Local Trends’ to South Africa

    In January of 2010, Twitter launched “Local Trends,” an application of their algorithm for "Trending Topic" which figures out what topics tweeters are discussing the most in particular locales, or as Twitter put it at the time, “(allowing) you to learn more about the nuances in our world and discover even more relevant topics that might matter to you.” Yesterday, Twitter brought local trends to another 70 locations including South Africa. Just as Twitter's Trending Topics allows users to quickly view what is most popular the world over, with Local Trends, you get to see what is most immediately popular,...