News
Is the new dotcom bubble going to burst?
David Prosser: Facebook is valued at $50bn. Twitter has a $10bn price tag. And now LinkedIn is an $11bn business. Haven't we been here before?
Inside News
The first time fortunes were made – and lost
Saturday, 21 May 2011
In the autumn of 1999, a new internet start-up called Boo.com was launched with the intention of creating a global fashion retailer, selling brand name clothes. The British-based company – founded by Swedes Ernst Malmsten, Kajsa Leander and Patrik Hedelin – spent £83.5m of venture capital in 18 months. Less than a year later, on 18 May, 2000, it was placed into receivership and liquidated.
Sony forced to close PSN security ‘loophole’ following relaunch
Friday, 20 May 2011
Hackers could still "exploit a loophole" in the beleaguered PlayStation Network days after it was restored to service, Sony has admitted.
Buying frenzy sees LinkedIn stock surge after IPO
Friday, 20 May 2011
LinkedIn, the social networking website for professionals, debuted on the New York Stock Exchange to a frenzy of buy orders yesterday, sending shares to more than double the float price.
China: Shoe attack on Great Firewall's designer
Friday, 20 May 2011
Chinese police are seeking the man who allegedly threw an egg and shoes at the computer scientist famous for designing the Great Firewall of China.
Mobile firms appeal against Ofcom ruling
Friday, 20 May 2011
Three mobile phone operators have appealed against Ofcom's order that they must cut mobile termination rates so that customers pay less to call users on other networks.
Political disenfranchisement? People 'become lazy', says Google chief Eric Schmidt
Thursday, 19 May 2011
Google's executive chairman Eric Schmidt has blamed the failure of many people to engage with politics on their own laziness, rather than on a lack of information.
Smart-phone app brings an early end to Aga saga
Wednesday, 18 May 2011
Aga, the stove beloved of middle-class households, is moving into the 21st century with a new model that heats up within minutes and may be controlled by smartphone.
RIM recalls 1,000 of its new Playbook tablets
Tuesday, 17 May 2011
Research in Motion (RIM), the maker of the Blackberry, suffered a new headache in its attempt to break into the tablet-computer market, announcing it had to recall 1,000 of its new Playbook tablets because of a software problem.
Video game companies 'optimistic' over prospects
Monday, 16 May 2011
David Crookes: Dozens of video game companies expect their workforce to grow over the next six months.
Sony outage ends
Monday, 16 May 2011
Sony began restoring its PlayStation video-game network yesterday. The move came almost a month after a security breach prompted Sony to shut down the service. The firm, forced to apologise to customers, said it expects the service to be fully restored by the end of this month.
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