Palm gave us a heads-up back in late February that its upcoming earnings report wouldn’t exactly be cause for celebration, and today the news has become official: the outfit recorded a net loss of $22 million during its fiscal Q3, which still looks rosy compared to the $98 million loss it suffered this quarter a year ago. All told, the firm shipped 960,000 smartphones in the period, which represents a 23 percent uptick from Q2 2010 and a nearly 300 percent increase compared to this quarter in 2009. Unfortunately, sell-through wasn’t exactly stellar, with just 408,000 units changing hands — that’s a 29 percent decline from last quarter and a 15 percent drop year-over-year
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Palm posts $22m Q3 loss, says it liked its chances against Droid had Verizon launch been sooner
Filed under: iPad News Corporation Chairman Rupert Murdoch was interviewed last week by Fox Business Channel . During the interview Murdoch blasts Google for stealing his content and talks about how tablet devices will reinvigorate the advertising industry for new media.
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Rupert Murdoch loves the iPad, sees everything in the world on it
Tencent , a Chinese internet giant in instant messaging, social networks, and mobile, posted $1.8 billion in 2009 revenues , an increase of 74 percent from a year ago. For the record, that’s about three times Facebook’s estimated $600-700 million in 2009 revenues . Tencent’s flagship product, QQ Messenger (with a cute penguin logo), is the first introduction to the internet for most Chinese teens
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China’s Tencent: $1.8 billion in 2009 revenues—what Facebook could learn
Gaikai , the games on demand company founded by game veteran David Perry, has lined up financing for an ambitious expansion of its server capacity needs. Perry (pictured, center) said in an interview last week at the Game Developers Conference that Triplepoint Capital will provide enough financing to enable Gaikai to lease a worldwide network of servers for its games-on-demand technology. In exchange for the financing, Gaikai is giving Triplepoint Capital warrants to buy stock.
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Gaikai lines up financing for cloud-based gaming services
Peter Molyneux , founder of Microsoft’s Lionhead Studios , is an elder statesman of the video game business. His next big game is Fable III , coming this fall to the Xbox 360. He has been making the Fable action-adventure role-playing games for the better part of a decade
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Peter Molyneux is a greedy little fat child when it comes to hooking gamers (video)
(Editor’s note: Don Rainey is a general partner at Grotech Ventures and author of the “ VC in DC ” blog. He submitted this column to VentureBeat.) Throughout the financial crisis of 2008-09, most venture capitalists wisely advised startups to hunker down.
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2010 VC market outlook: No cash for clunkers
Intel has launched its next-generation Xeon 5600 line, the 32nm “Westmere-EP.” The new lineup brings more cores, more threads, Turbo Boost, and more instructions, all in the same socket format and thermal/power envelope as the older Xeon 5500 line. At the top end of the 5600 family is the six-core, 3.33GHz X5680, and at the bottom end is the quad-core, 2.40GHz E5620. All of the parts in the 5600 range are hyperthreaded, have 12MB of cache, and support Intel Turbo Boost, the AES new instructions (AES-NI), and Trusted Execution Technology (TXT).
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Intel goes to Gulftown, launches 6-core Xeons
A future full of helpful robots, quietly going about their business and assisting humans in thousands of small ways, is one of technology’s most long-deferred promises.
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feature: How robots think: an introduction
