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Microsoft Reveals New Xbox One Game System

Microsoft unveiled its new Xbox One Tuesday, displaying a device that takes new steps in game consoles' journey to becoming all-purpose entertainment and communication devices. The new console replaces the Xbox 360, which has been on the market for nearly eight years. One of the new device's most striking features is the ability to run multiple apps at once — and to split a TV screen into different tasks. That means Xbox One owners will be able to watch live TV, while taking part in a Skype … [Read more...]

Microsoft unveils Xbox One with Spielberg, Activision tie-up

Yusuf Mehdi, senior vice president of Microsoft's Interactive Entertainment Business, discusses the Xbox One uses for television viewing during a press event in Redmond

(Reuters) - Microsoft Corp unveiled the "Xbox One" on Tuesday, its first new gaming console in eight years, and its strongest push so far to dominate consumers' living rooms with an array of exclusive media content. The Xbox One took four years to develop and will be the launchpad for a "Halo" live-action video series produced by Steven Spielberg. It will be sold worldwide "later this year," games unit chief Don Mattrick told reporters at an event at the software company's campus near … [Read more...]

Buying technology from startups: what marketing execs look for before they take the plunge

Debbie Landa is CEO of Dealmaker Media/Under the Radar. With the Under the Radar conference coming up this week, I’ve been speaking to a lot of startups about how they’re managing to get their messages out to business decision makers. The conference is all about how the consumerization of IT is changing how startups design and market their products. And most recently I spoke to Aubrey Sabala (pictured, VP of marketing for “smart data” company Sailthru, to find out how she’s … [Read more...]

Why Silicon Valley’s Heyday Might be Over

In 2002, PayPal, the online payments giant, was sold to eBay for a cool $1.5 billion. Overnight, many of PayPal’s core employees got very rich. Rather than calling it a day, however, the so-called PayPal mafia went on to found and invest in a wave of new start-ups. You may have heard of some: Facebook, LinkedIn, YouTube, Yelp, Zynga and Kiva . . . to name just a few. From one buyout, an entire ecosystem of wildly successful tech companies was spawned in Silicon Valley. In fact, over the … [Read more...]

LinkedIn: 3 tips for building a better profile

(MoneyWatch) Recently, this blog offered a "how-to" on spring-cleaning your resume. Like that document, your LinkedIn profile should constantly evolve along with your experience and interests. Frequent updates keep the content current, and new activity enables you to stay on people's digital radar. If you've already mastered the basics of LinkedIn -- a great profile photo, for instance -- here are three more advanced tips from Nicole Williams, LinkedIn's career expert. Use LinkedIn Today, … [Read more...]

Zach Sobiech Leaves Behind Inspiring Legacy

He was given months to live last June, but that didn't stop Zach Sobiech from becoming a rock star – and an inspiration to millions. Sobiech passed away Monday, 17 days after his 18th birthday. First diagnosed with osteosarcoma when he was 14, Sobiech's music became his way of expressing himself. His song "Clouds" not only went viral last December, but also resulted in a star-studded celebrity tribute video earlier this month. "My closure is being able to get my feelings into these … [Read more...]

Kevin Durant to donate $1 million

OKLAHOMA CITY -- Oklahoma City Thunder star Kevin Durant is pledging $1 million for tornado relief through his family foundation. The American Red Cross announced Tuesday that the gift from The Durant Family Foundation is meant to match other donations and be an incentive for more people to give. Red Cross regional CEO Janienne Bella said the organization was thankful for Durant's "generosity." The Red Cross is accepting $10 pledges from people who text "REDCROSS" to 90999. People can … [Read more...]

Dwight Howard voiced frustrations

LOS ANGELES -- The Los Angeles Lakers do not yet know Dwight Howard's decision for next season, but the All-Star center made his feelings about Lakers coach Mike D'Antoni known before starting his offseason. Nearly three weeks have passed since Howard had his exit interview with the Lakers and there's been barely a peep out of Howard since. While he hasn't had anything to say to the press, Howard had a lot to say to Lakers general manager Mitch Kupchak back before the relative silence, … [Read more...]

Apple to argue for tax reform, defend tax practices on Tuesday

Men pose with Apple iPhone 4 smartphone in photo illustration in Zenica

(Reuters) - Apple Inc will argue for a comprehensive corporate tax reform that will levy a "reasonable tax" on foreign earnings and is not dependent on a company's revenue when it goes before a Senate panel on Tuesday to explain its offshore tax practices. In prepared testimony released by the company and submitted ahead of Apple Chief Executive Tim Cook's hearing on Tuesday before the Senate Permanent Subcommittee on Investigations, Apple denied it employed "tax gimmicks" like using Cayman … [Read more...]

Yahoo buying Tumblr for $1.1 billion, vows not to screw it up

Yahoo Chief Executive Marissa Mayer speaks at a news conference in New York

(Reuters) - Yahoo Inc will buy blogging service Tumblr for $1.1 billion cash, giving the Internet pioneer a much-needed social media platform to reach a younger generation of users and breathe new life into its ailing brand. The deal, announced on Monday, is a bold bet by Yahoo Chief Executive Marissa Mayer to revitalize the company by co-opting a Web property with strong visitor traffic but little revenue. The combination of Yahoo and Tumblr creates an online powerhouse with roughly one … [Read more...]

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Buying technology from startups: what marketing execs look for before they take the plunge

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