Business

Newegg big plans for Europe

"US based online electronics stores Newegg is set to launch it's business into the international market. Plans are already in motion to open the doors in the United Kingdom shortly. Although according to our sources in NewEgg as well as what has been published already on the web the store opening will "soft launch" until the company feels more confident in the market."

IT workers breed brighter kids

"An OECD report into the link between student performance and their parents’ occupations has revealed that if a kid has at least one parent working in IT, business or engineering they will do better in school.

The news will be greeted with glee amongst the IT community where it will be suddenly be possible to use a pick-up line “but our kids will be good in school.” Not only were the kids of information and communications technology (ICT) workers top of the country in maths and science, they were also found to be the best in terms of reading..."

SSD Manufacturer OCZ Preparing For Bankruptcy

"OCZ, a manufacturer of solid-state drives, says it will file for bankruptcy. This move is being forced by Hercules Technology Growth Capital, which had lent $30 million to OCZ under terms that were later breached.

Nintendo Hijacks Ad Revenue From Fan-Created YouTube Playthroughs

The BBC reports that Nintendo is now using the content ID match feature in YouTube to identify screencap videos of people playing their games. They then take over the advertising that appears with the video, and thus the ad revenue.

Google Loses Santa To Bing

"Unlike previous years, NORAD (the North American Aerospace Defense Command) has decided to use Bing maps to track Santa's journey as he goes around the world delivering presents. Starting Christmas eve, one will be able to go to the official NORAD Santa tracking site (http://www.noradsanta.org/) and use Bing maps to see where Santa is delivering presents at that time. In previous years, NORAD has always gone for Google maps to track Saint Nick.

Amazon Founder Wishes to Open Retail Stores

"Amazon founder Jeff Bezos has expressed his desire for the world's largest online retailer to open its own retail stores. In speaking with CBS News, Bezos addressed the question of Amazon entering the competitive brick-and-mortar industry. "We would love to but only if we can have a truly differentiated idea. We don't do a me-too product offering very well. When I look at physical retail stores, it's very well served. The people who operate physical retail stores are very good at it."

Disney buying 'Star Wars' maker Lucasfilm for $4.05B

"Disney is paying $4.05 billion to buy Lucasfilm Ltd., the production company behind "Star Wars," from its chairman and founder, George Lucas. It's also making a seventh movie in the "Star Wars" series. The Walt Disney Co. announced the agreement to make the purchase in cash and stock Tuesday. Disney added that "Star Wars Episode 7" is scheduled for release in 2015.

Are We Losing Interest in Computers?

"As part of its financial website, Google allows users to compare search traffic of aggregated industries against the developing price of stock. The search traffic is normalized to the value of 1.0 and the search volume that occurred on January 1, 2004. Don't expect any dramatic revelations or search numbers or even a search volume pertaining to a single company. However, the selection of 27 industries and related search terms may cause some speculation of a changing way how we acquire information.

Dirty IT Job No. 3: Sexy Games Producer

"Dirty IT Job No. 3: Sexy Games Producer. You spend all day staring at pictures of naked women and talking dirty in three languages. Sounds like dream job, right? Not exactly, says Patryk Bukowiecki, a game producer and manager who worked for a maker of "sexy" J2ME mobile games in the late 2000s. There he produced games like Lessons of Passion Blackjack, in which game players engaged in simulated sex talk with scantily clad models.

IT managers stressed out of their minds

"Nearly two thirds of IT managers are so stressed that they are thinking of packing it all and joining a new age commune where they can be calm. GFI Software today announced the results of its new IT Admin Stress Survey, which found that 69% of IT administrators have considered switching careers due to job stress. Apparently dealing with managers, end users, and tight deadlines were cited as the biggest contributors to work-related stress.

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