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How Instagram Managed to Snooker Facebook into Paying $1 Billion

The tech world was buzzing when it was revealed Facebook had acquired the hot photo sharing app Instagram for a $1 billion dollar cash and stock deal. Instagram has no ad revenue model, but its userbase has grown like a weed to more than 30 million users in less than two years. Venture Beat describes...

Apple Pulls the Plug on Chomp for Android

Back in February, Apple acquired three year old start up Chomp for a reported $50 million dollars. The app discovery service acquisition leads many of us to believe a revamp of the App Store is coming soon. Now, it appears after the Apple takeover of Chomp, Cupertino has pulled the plug on the Android side...

Celebrate 10,000 Mac App Store Apps Milestone With Deus Ex

As noted by MacGeneration (via 9to5Mac), the Mac App Store has hit the 10,000 apps mark today. The iOS App Store currently has 600,000 apps with over 200,000 exclusive apps for the iPad's bigger display. The smaller number of apps in case of Mac App Store is due to the fact that majority of software...

Nova Scotia Proposes Law to Make Cellphone Fees Transparent

Nova Scotia's NDP government has proposed a law to allow consumers to cancel contracts at any time for $50 max, and also to eliminate hidden fees. Here's what the new law would bring: - cancellation fees capped at $50 - no automatic renewal of contracts - customer permission required to change fees, service options or...

Just Mobile Lazy Couch™ [Review]

Folks, I'm gonna keep this one as simple as the product itself. Called the Lazy Couch™, this small laptop accessory has been designed by Just Mobile, a company known for its iconic products such as the Xtand for iPhone / iPod, Gum Max Pro battery pack and AluPen Pro to name a few. It is meant...

Marvel vs. Capcom 2 Released For iOS [Review]

When a big name video game title is ported over to iOS, it is rarely amazing, and often disappointing. Yesterday, Marvel vs Capcom 2 was released for iPhone, iPod Touch, and iPad in the App Store, for $2.99. A full-featured port of one of the best fighting games of all-time Marvel vs. Capcom 2 has previously...

Oh How Will Apple Ever Survive After Life Without Steve Jobs?

George Colony over at Forrester writes about the imminent decay of Apple post-Steve Jobs: When Steve Jobs departed, he took three things with him: 1) singular charismatic leadership that bound the company together and elicited extraordinary performance from its people; 2) the ability to take big risks, and 3) an unparalleled ability to envision and...

Nintendo’s First Operating Loss Means They Should Reconsider iOS Titles

Nintendo has posted their first ever operating loss of almost $460 million US and a 36.2% decline in net sales from 2010-2011. Competition from smartphones and tablets such as the iPhone and iPad from Apple are to blame, as more and more people are gaming away from the living room. Nintendo's loss once again brings...