As people looked to watch the Inauguration Day from sources beyond their television sets, Facebook joined in to provide an uplink of the proceedings. This however wouldn’t be possible without CNN, as its app on Facebook got users the full insight on the Obama happenings.
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Google announced that it is discontinuing its print media advertising business. This shouldn’t come as a surprise as the print media has had it coming since a long time, where the year 2008 proved fatal in its downfall. A statement by Spencer Spinnell, Google’s director of print ads suggested this advancement:
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T3, a maker of IBM-compatible mainframes lodges (not Terminator 3), lodged a complaint with the European antitrust regulators against IBM. The complaint carries the allegation that IBM is blocking competition by offering its operating system along with its mainframe hardware.
IBM released a statement which said:
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Mozilla came out with a new version of Ubiquity, where it has caught up on performance and design. So is it just the outside works to make things look shinny? Not really as it’s reported that a feature with the likes of Firefox 3’s ‘awesome bar’ has been added as well.
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Google search helped users in finding inauguration subtext, as the proceedings unrolled. The ease was part of the proceedings as the Inauguration Day of President Barack Obama carries on. Google Trends, the Google-branch that shows which search terms are rising in popularity and usage, helped people realize who’s getting searched most.
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Twitter left behind Digg as it saw heavy traffic on its site (in the U.S.). Data released by Hitwise shows that Twitter traffic went haywire as reports came in about the U.S. Airways airplane crashing into the Hudson River.
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iPhone has another app on board the App Store, this time its for the Inauguration Day enthusiasts. The app Inauguration Guide gets you coverage and details of the happenings. The app is developed by PointAbout, and funded by a D.C. law firm and communications consultancy. Check out the app and you could still catch up on the happenings in the day.
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The NPD Group released collective data about Nintendo and Sony’s consecutive console releases. The stats are based on the first 26 months after product’s release, where Wii went on to become the best selling console (17.5 million consoles sold in the U.S.), leaving behind PlayStation 2 (15.9 million consoles sold in the U.S.).
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The New York Times went into an agreement with a bunch of companies: Banco Inbursa, S.A., Institucion de Banca Multiple, Grupo Financiero Inbursa and Inmobilaria Carso; all connected to Mexican billionaire Carlos Slim. The funding was reportedly for $250 million.
The newspaper company would use these funds to clear their existing debts.
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HomeSphere Inc. raised an undisclosed amount of funding from Greenhill SAVP. The provider of supply chain software and services for the homebuilding industry secured funding to support their expansion within the residential and commercial construction sectors.
The deal would solidify HomeSphere’s position as a leading provider of Web-based services to constituents throughout the construction supply chain.
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