May 11, 2012 |
SAN FRANCISCO - Dustin Moskovitz, at 27 the world's youngest billionaire, gained fame and fortune after founding Facebook with Mark Zuckerberg. He also gained the "Facebook 15. " He packed on the extra pounds while chowing down on free snacks and guzzling four sodas a day at the social networking giant. Today, Moskovitz is a svelte version of his former self. He runs Asana, a start-up named after the Sanskrit word for traditional yoga sitting positions. That's fitting since the company holds twice weekly group yoga classes at its San Francisco offices.
February 14, 2012 |
Here's your take-it-on-the-run Tuesday roundup of consumer news from around the Web: --Happy Valentine's Day. Here's everything you need to know: The average American will shell out $126.03 to mark the holiday, up 8.5% from last year. Jewelry sales are expected to dominate sales, with a collective tally of $4.1 billion. Meanwhile, 72 million Valentine's Day cards have been purchased by parents for the kids to hand out in the classroom. An estimated 220,000 marriage proposals will be made today.
August 4, 2012 |
It can be a dog-eat-dog world in social games. Electronic Arts Inc. on Friday filed a copyright infringement suit against Zynga Inc., alleging that the social gaming company's "The Ville" misappropriated EA's game "The Sims Social. " EA's lawsuit was just the latest in a string of bad news for Zynga. The San Francisco social gaming company was hit Monday with a shareholder lawsuit claiming that Zynga investors and executives — including its chief executive, Mark Pincus — had improperly cashed out $516 million in company stock in April, three months before Zynga posted disappointing earnings that sent its shares plummeting 37% in one day. In a blog post explaining EA's lawsuit, Lucy Bradshaw, head of Maxis, the EA-owned studio that created "Sims Social," outlined why EA contends that Zynga "ripped off" its intellectual property.
October 2, 2012 |
The digital age is not known for its customer service. Few of the big names -- other than Craigslist's Craig Newmark or the helpful folks at Amazon.com -- give customers much service. Just try to make contact with a live human at Facebook. Instead, you used to get "help" pages that range from unhelpful to very unhelpful and discussion boards in which other clueless folks try to help each other. On Tuesday Facebook is rolling out a redesigned Help Center to make it easier for you to find the help you need, whether reporting a phishing scam or a disabled account.
May 3, 2012 |
As a hurricane barreled toward the Florida Keys, John Schappert, the chief operating officer of Zynga Inc., was on a charter boat to catch lobsters with half a dozen friends. When the winds kicked up and large waves tossed the small craft about, several passengers felt too seasick to dive. But Schappert insisted on diving until he caught close to a dozen lobsters before he was willing to call it a day. "Most of us were begging to get back to shore," recalled Steve Chiang, a close friend who was on the boat that day in July.
March 26, 2013 |
SAN FRANCISCO - Meet Nick D'Aloisio, the 17-year-old British entrepreneur who just sold his popular news-reading app to Yahoo Inc. for close to $30 million, instantly becoming one of the world's youngest self-made millionaires. It's the classic Silicon Valley success story of a young software prodigy striking it ridiculously and improbably big. But this time the spotlight is shining on the other side of the pond. D'Aloisio, who taught himself to write software at age 12, built the free iPhone app Summly - which automatically summarizes news stories for small screens - in his London bedroom in 2011.