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Google Has Acquired Like.com

Posted by cassy in August 26th 2010    under: Business, Technology    Tags: fashion sites, google, like.com, online shopping  
1 Comment

It was confirmed by Google last August 20, 2010 that they have already acquired the website, Like.com.
Like.com, has been known since 2006, that when it comes to fashion, according to them, they are the first to bring visual search to shopping, the first to build the automated cross-matching system for clothing, and more.
Munjal Shah, CEO and founder of Like.com announced this deal on their homepage on August 20. One of the Google’s spokesperson also said during on one of the interview, that Google are pleased and excited to welcome Like.com into their company wherein they will work closely with their commerce team.
According to Like .com, they employ computer vision and machine learning technology to publicize the so called- “soft goods” or those that are purchased according to the consumer’s personal style or taste and “whether the item matches an outfit to current trends and opinions of the fashion elite.”
To all intents and purposes, Google has obtained a visual search engine for “fashionistas” and trendy on-line shoppers.
On the other hand, Google doesn’t know what it takes when it comes to technology for this deal, one of their spokesperson released some hints in his statements that Like.com will operate its Website separately in the near term, they are excited about the technology that Like.com have been built and the domain expertise they will bring to Google as they continue to work on building great e-commerce experience for their users, advertisers and partners.
Despite the fact that Google was not very much vocal for the purpose of this deal, it might be that Google wants to venture on e-commerce for visual fashion if this could be feasible. If it’s not, try again for another.
Though Google did not reveal how much they spent in buying Like.com but there are speculations that it was close to $100 million.
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Intel’s Acquisition of McAfee Raises Issues

Posted by cassy in August 23rd 2010    under: Technology    Tags: intel, mcafee, mobile security, Technology  
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The recent controversy was highlighted to Paul S. Otellini, the President and CEO of Intel, when the company  made an announcement last Thursday regarding the acquisition of the McAfee’s security- software for $7.68 billion in cash.
This move raises the eyebrows of everybody in the streets who can relate with the issue.  There has been a lot of company who tried to make that move but it never materialized after thorough studies. Cynical questions remain to everyone for making this move. How helpful can it be? Is it worth throwing bucks for this?
Otellini was very optimistic for this act for the reason that he believed time will come; McAfee’s security technology will be effective because their design will create a stronger “hardware-enhanced security”.
Intel, world’s biggest maker of computer chips, believes that this could be a great help to increase revenues for the company.  McAfee will help Intel get semiconductors loaded with security features into Smartphone, TV’s and other devices.
But some consumers and businesses was not certain of the fact that mobile devices are prone to viruses and hackers.
According to Intel they can get more than 90% of its sales from semiconductors for Personal Computers. They also believe that integration of McAfee’s software security into their products will make their machines more efficient, secure and attractive to makers of other kinds of devices. It was also stated that McAfee investor will get $48 a share in cash, a 60% premium over the company’s closing price the day before the deal will announce.
Intel affirmed that the software can run quickly when it is incorporated directly into a chip and doesn’t have to go through other programs.  This will avoid the hackers to evade their software devices.
Otellini stated during the conference last August 19 that McAfee added more than ten million new Malware variants to its database of security threats, since there are new number of security threats identified every month and it still continue to rise.
Though Intel was very optimistic for this strategy, there are analysts who are doubtful for this issue for the reason that the company is paying a higher-than-average premium for McAfee.
Only time will tell for Intel and McAfee if this concern is victorious or it will fall short. They will never know if it is effective until they try it.
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The New PS3 Coming Out in September

Posted by cassy in August 19th 2010    under: Technology    Tags: playstation 3, playstation move, ps3, sony, Technology, xbox  
4,818 Comments

Andrew House, CEO of Sony Computer Entertainment Europe, proclaimed at the ongoing Gamescom 2010 conference in Germany, that Sony will release its 2 new PS3 models this coming September 15 in UK.
The PS3 160GB HDD is the latest model that has a bigger hard drive compared to the existing 120GB and this can be purchased individually for only $299.  The new 320GB model will replace the existing 250GB model which will be an exclusive PlayStation Move Bundle to be launched on September 19. The 320 GB PS3 bundle is inclusive of goodies such as the PS3 navigation controller, PS3 motion controller and other starter pack costing the whole bundle for almost $400.
These new and bigger hard drives can store more great contents than that of former PlayStation,  it can store greater games, more movies, TV shows, and even  your personal photos, videos, music etc.
The PlayStation Move motion Controller is available as stand alone for only $49.99. While the PlayStation Move Bundle includes PlayStation Move controller, Playstation Eye camera, Sports Champion Blu-ray game and PlayStation Move game demo disc for only $99.99.
Earlier last week, Xbox made known of its hands free motion control system and plans to be out of the market early in November this year.
Sony also stated during the conference in gamescom that ITV Player will be added to UK’s PS3, along with Germany’s Animax, Spain’s TV3, Australia’s Yahoo!7′s PLUS7 service, Finland’s YLE, and Holland’s expanded NOS service. In addition, Sony’s surprise was also announced during the conference about their new software support games. Sony and their partners will include the NBA 2K11, Resident Evil 5 Gold Edition, Time Crisis: Razing Storm, Toy Story 3, and Tiger Woods PGA Tour 2011,.  This is to gratify and ignite the user’s addiction to PS3; this will provide them an all-in-one package depending on their taste that the whole family can play together and have fun.
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