Today French president François Hollande threatened to block Facebook in the country unless the social network moves its European headquarters to Paris from Dublin.
In a fiery press conference the newly elected Socialist leader said the Palo Alto, CA based company had been "exploiting" millions of French people with their service, while refusing to offer them high-paying jobs.... Read More →
HP reentered the acquisition fray today with a $5 billion purchase of social gaming titan Zynga.
The surprise move comes just one day after taking an $8 billion write-down on its previous $10 billion acquisition of enterprise software concern Autonomy.
HP is offering Zynga's existing shareholders an all cash deal at $6.32 a share, which represents a 280% premium over its closing price yesterday. ... Read More →
Former Apple founder and CEO Steve Jobs has almost finished his year-long project of reinventing heaven, The Daily Currant can reveal.
The 56-year-old began his mission to improve eternity's user experience shortly after arriving last October, following a long battle with pancreatic cancer.
Distressed by the stuffy atmosphere behind the pearly gates, Jobs organized a non-profit organization with the goal of remolding heaven in the consumers' image.... Read More →
In a move to monetize its $8.5 billion dollar purchase of Skype, Microsoft executives have confirmed to The Daily Currant that it will be the splitting the popular video-chat software into 14 separate versions.
As it seeks to expand beyond its core Windows segment, the Redmond, WA based software behemoth will apply its tried-and-true strategy of releasing crippled versions of its products and forcing users to pay for an upgrade.... Read More →
In its continuing effort to keep potential rivals off of its lucrative mobile platform, Apple Inc. announced today that it will soon be replacing the i/OS Facebook app with a new app that only connects to Myspace.
Starting December 1st Facebook's app will be removed from the App Store. All existing Facebook apps for iPhone and iPad will automatically be converted to Myspace apps. If users wish to connect to Facebook instead of Myspace, they will have to do so through the Safari browser.... Read More →
In an unprecedented move Google (GOOG) honored a fellow Silicon Valley competitor with their own Google Doodle today, placing a real-time update of Facebook's (FB) stock price on Google's hompages around the world.
Google normaly reserves the prestigious Doodle for celebrations of national holidays or for honoring significant historical figures.
However, the doodle team at Mountian View, California based Google thought today would be a good day to break with tradition and congratulate its Palo Alto rival on its successful IPO listing on the Nasdaq stock exchange last week.... Read More →
