Regions
Groupon appoints Rich Williams as CEO, with a promise to refocus in the US
Deal service Groupon announced Tuesday that it has promoted Rich Williams as the chief executive of the company replacing co-founder Eric Lefkofsky, who is now back to his role as the chairman.
Activision shares soar to all-time high on acquisition news
Activision Blizzard Inc, a leading player in the mobile game publishing giant, is buying King Digital Entertainment Plc, a mobile publisher, for $5.98 billion. After beating the market expectations for third quarter results, Activision has announced its decision of acquiring King. Activision is keen on expanding the mobile gaming activity as the acquisition will create biggest games powerhouse in the world. It's estimated that after the acquisition, it will be next to the market leader Tencent in the global market. The company's stock rose to its all-time high as investors responded positively to the acquisition news.
Twitch Install's Social Experiment Failed to Accomplish Goal
A bizare idea just occurred recently in the Twitch live streaming video platform. A group called themselves "twitchintheshell" planned to install Linux on a virtual machine, based on the most popular keystroke entered by Twitch users. The idea named asTwitch Install has ended in a couple of days after being hijacked by botnet installing other Linux distro.
Four of 10 products sold online in China are fakes, shoddy
More than 40% of goods sold on the Internet in China are fakes or shoddy, according to a report by an official of the standing committee of the National People's Congress, the country's top law-making body.