The Chinese Are Freaking Out About A Sudden Drop In Housing Prices

ASK ordinary people about their own Chinese dream, and you find owning a home is high on the list.

 

But years of rising house prices have put that dream out of reach of many. A slowing economy appeared to take some of the heat out.

Now, alas, the residential property market is soaring again (see chart). A new survey of developers and property firms on May 2nd showed average house prices up [...]

Google facing online backlash from irate users after it kills off Reader app, to be retired on July 1st.

App to be retired on July 1st
Online petition to save it garners 54,000 sign-ups in 16 hours
Google cites lack of usage, shifting company focus for closure

 

Google has angered thousands of internet users by announcing it is to close its ‘Reader’ service.

The service lets users see updates from their favourite websites in one place.

However, the growth of Twitter has made it far less popular.

Google announced the closure of Reader is this [...]

We’re Getting Closer Than Ever To Paying With Our Fingerprints

If you’ve ever wanted to pay for groceries with the touch of a finger, look no further than the South Dakota School of Mines and Technology in Rapid City, South Dakota.

 

Two locations – a coffee shop and convenience store – on the school’s campus recently began testing fingerprint purchasing technology that allows students to buy goods with their fingerprint. The technology is called Biocryptology, and not only does it identify a [...]

New iPhone app allows you to backstab co-workers

No one plays office politics just for fun – not even the types who read Machiavelli on the beach. But the developers behind a new iPhone app are hoping to change that.

In the game “Office Politics,” players get promoted up the rungs of the corporate ladder by backstabbing as many co-workers as they can in a kind of cubicle whack-a-mole. Since manipulating co-workers hardly seems like the recipe for the [...]

Watch out, Google. Facebook Just Launched Search Ads

While it hasn’t been publicly announced, Facebook is now telling marketers theSponsored Results search typeahead ad unitit began testing last month “launches today”. It lets marketers target users searching for specific apps, Pages, and Places and insert a link into the typeahead results that points to their own app, Page, custom Page tab, or post. Businesses cannot direct users off-site with the ads yet, though they can appear above the [...]

Facedeals checks you into places using a camera and Facebook facial recognition software

Detailed within a blog post created by the RedPepper invention lab, a team of developers has created a way for businesses to automatically send deals to customers that walk into the front door. Using facial recognition technology, customer faces are scanned using the Facedeals camera box. Assuming that the customer has already authorized the Facedeals app on their Facebook account, the camera automatically checks the customer into the business. In [...]

Smartphone apps now playing doctor

We don’t use our smartphones for talking as much as we once did, but we are and will increasingly use them to detect and monitor health risks, from ear infections to E. coli bacteria in drinking water, industry experts say.

Health app developers initially focused on consumer diet and exercise, said Brian Dolan, editor of Boston-based MobiHealthNews.com, which tracks advances in mobile health and medical technology. “Now we’re seeing them look [...]

Startup Claims 80% Of Its Facebook Ad Clicks Are Coming From Bots

UPDATED. A lot of people like to complain about their experiences on major web platforms such as Facebook, but most of them stick around as users, feeling that the pros outweigh the cons. But Limited Run, a startup that makes a software platform for musicians and labels to sell physical products like vinyl records, says it has reached the final straw with its experience as a small business advertising on Facebook — and [...]

Apple pulls privacy protection app Clueful from its store…but won’t say why

An app that told iPhone users whether their other apps were breaching data privacy has been removed from Apple’s store in mysterious circumstances.

Clueful would say if your other programmes were accessing your address book, tracking your GPS co-ordinates or farming information from social networking accounts.

Neither Apple nor the app’s developers, Romanian-based Bitdefender, have revealed why, after just two months, the program has been pulled.

The app was approved by Apple on [...]

The Windows 8 App Store Will Have One Big Advantage Over Apple And Google (MSFT)

Microsoft announced pricing details for its Windows 8 app store this week.

 

Windows 8 developers can price their apps starting at $1.49. For comparison, Apple and Google let developers sell apps for as low as $0.99 in their app stores.

But even though the cheapest apps will start at $0.50 higher, developers can choose to let customers try apps for seven days before committing to the full paid version. That’s something you can’t do on iOS or Android.

Read more: http://www.businessinsider.com/windows-8-app-store-2012-7#ixzz21MfMMyQx

iPhone apps hit by App Store corruption

Scores of apps, including the free version of Angry Birds, which have been updated in Apple‘s App Store for both iOS and Macs over the past few days are suffering corruption that makes them crash on launch, even when they are deleted and reinstalled.

Apple told the Guardian that it is looking into the source of the problem.

Developers suggested to the Guardian that the problem was temporary, and is now receding as revised [...]

Microsoft Has Another Big Announcement Today, And This Time It’s About Windows Phone (MSFT)

Microsoft is holding a developers event today to go over the future of its Windows Phone mobile operating system.

 

That means we’ll finally get a look at Apollo, AKA Windows Phone 8, the next major version of Windows Phone.

Microsoft has done a good job at keeping Apollo a secret, so we don’t know too much about it. What we do know is that Apollo is based on different software that likely won’t be compatible with current [...]

SocGen: China’s Housing Market Correction Is ‘Sending Shock Waves Through Its Economy’

Chinese policymakers have for a while been trying to deflate the nation’s property bubble.

 

While its housing market has been correcting, and prices are deflating at a moderate speed, it hasn’t bottomed yet, according to Societe Generale analyst Wei Yao.

The National Bureau of Statistics (NBS) reports that new apartment prices have declined under 1.5 percent in average terms since their peak in the second half of 2011.

The strong balance sheets of Chinese [...]

SCREENSHOTS: Here’s Your First Look At iOS 6 For The iPhone

Apple released a beta version of iOS 6, its new operating system for iPhones and iPads, to developers today. 

And we got to test it out!

iOS 6 won’t be available to the public until later this fall, so this is will be your only preview until then.

Keep reading for our full screenshot tour.

 

Here’s the home screen. It looks just like it did before. So let’s check out what’s new…

Read more: http://www.businessinsider.com/apple-ios-6-screenshots-2012-6#ixzz1xZzblANz

THIS JUST IN: Founder Of TMZ Dead At 58

Jim Paratore—the founder of TMZ—passed away on Tuesday after experiencing a massive heart attack during a biking trip in France.

 

He was one of the key developers behind the creation of TMZ back in 2006 and was responsible for turning the digital business into a successful television show. He also was the driving force behind Ellen Degeneres‘ hit show “Ellen,” as well as countless others, including “The Bachelor,” “Extra,” and “Rosie.”

He was [...]

This time is different – Peak Facebook?

and notice that MySpace became ubiquitous considerably faster than Facebook.

 

and AH schizophrenia…

Source

 

The risk factors are an interesting read:

http://sec.gov/Archives/edgar/data/1326801/000119312512222368/d287954ds1…

Risks Related to Our Business and Industry

 

If we fail to retain existing users or add new users, or if our users decrease their level of engagement with Facebook, our revenue, financial results, and business may be significantly harmed.

 

The size of our user base and our users’ level of engagement are critical [...]

China Property Prices Extend Fall

SHANGHAI—Average property prices in 70 Chinese cities declined in April on a year-on-year basis for the second straight month, as developers cut prices to boost flagging sales amid a two-year government campaign to cool the real-estate sector.

While this indicates some success in the government’s drive to bring prices down to “reasonable levels,” the rest of the property market is showing increasing signs of stress. Slowing investment and declines in construction [...]

80% Of App Developers Don’t Make Enough Money To Support A Business (AAPL, GOOG)

by Seth Fiegerman

So much for the dream of turning an app into a business.

App Promo, a marketing firm, surveyed 102 app developers who work with iOS and Android and found that 80% do not make enough money from their apps to support the costs of a starting a standalone business. What’s more, 59% don’t even make enough to recoup the original costs of developing the app.

The problem, according to the report, is that the app market [...]

Family end up living in the middle of a main road after refusing to move out of their home for developers

A property owner has ended living in the middle of a new main road after she refused to move out when developers started construction.

Hong Chunqin, 75, and her husband Kung, who live in the two dilapidated buildings with their two sons, had initially agreed to sell the property in Taizhou, in east China’s Zhejiang province and accepted £8,000 in compensation.

But then she changed her mind and refunded the money once work on [...]

We shall NOT be moved! Chinese couple’s home left on dust ‘island’ for FOUR years after skyscraper developers move in around them

Couple refused small compensation from developers to move
Home cut off from water and electricity for almost four years

Steadfast Niu Chuangen and Zhang Zhongyun now facing threats from gangsters

Encircled by a growing forest of high-rise tower blocks, a couple’s home has become an isolated island of dirt – cut off from water and electricity for almost four years.

Niu Chuangen and Zhang Zhongyun dared to stand in the way of a local [...]

Lawsuit: Mobile apps accessing users’ address books, private data

Gary Dinges
Statesman
March 15, 2012

A class-action lawsuit filed this week in Austin alleges that makers of some of the world’s most popular mobile apps routinely steal address book data such as names, phone numbers, email addresses, job titles and even birthdays from millions of users without their knowledge or consent.

In the filing in U.S. District Court in Travis County, attorneys representing 13 people — 12 of them Central Texans — claim [...]

In some markets, rents are rising as much as home values are falling. As the rent vs. own divide grows, it begs the question: Is this a rental bubble — and what’s the tipping point that makes it burst?

Typically when rents go up, more renters turn to home buying.

When home prices go up, more turn to renting, but today’s housing market is anything but typical.

Rents were up 3 percent nationally in January, year-over-year, according to a soon-to-be released new rental index from Zillow.com. Home prices, however, were down 4.6 percent annually.

When you look locally, the numbers are more dramatic.

In some markets, rents rose almost as much as home [...]

TEACHER: We’re Not Going To Buy A Bunch Of iPads At My School (AAPL)

by Steve Kovach

Last night we got this email from a teacher friend with his take on Apple’s new education initiative with iBooks 2 and iPadtextbooks.

This teacher works at a private K-12 school. Most families who send their kids there are pretty well off.

This teacher is also responsible for recommending technology purchases for the school. His take on Apple’s iPad textbooks? They’re not good enough yet.

He points out that if a school is [...]

Manhattan Is Running Out Of Room For New Apartments

by Meredith Galante

Building upwards seemed to be the most efficient way to jam more people in Manhattan for years. But now, even the sky seems to have reached its limit, and the only place left to build is Brooklyn.

While Manhattan is planning 5,000 new residential units, Brooklyn has plans for more than 14,000 new units, Nancy Packes, a consultant to some of the city’s largest developers, told the The Wall Street Journal.

Packes told The WSJ that the [...]

Stallman: Facebook IS Mass Surveillance — If there is a ‘like’ button in a page, Facebook knows who visited that page.

RT
December 6, 2011

The father of free software philosophy spoke to RT on evil developers, spying social networks, the almost-legitimacy of Anonymous hacks and the condition under which he would take a proprietary program and a million dollars.

Stallman is the man behind the concept that every computer program must be free for users to study and modify as they want. This is the only way to ensure that by using the [...]

Facebook Buys, Then Kills New Social Network Gowalla

Dan Evon
Inquisitr
December 6, 2011

Facebook recently acquired location based social network Gowalla. But Zuckerberg wasn’t after the service, he was after the developers. Facebook is shutting Gowalla down in January.

Relax News reports that as Gowalla’s team heads to Facebook headquarters, Gowalla’s user data was not part of the deal. Gowalla released a statement saying:

“Gowalla, as a service, will be winding down at the end of January. We plan to provide an easy way [...]

Study: Facebook’s growth is slowing, particularly in the U.S. and Canada, which have both suffered major traffic drops recently

Facebook’s growth is slowing, particularly in the U.S. and Canada, which have both suffered major traffic drops recently, according to a new study.

“Facebook is still growing towards 700 million users, having reached 687 million monthly actives by the start of June,” said Eric Eldon of Inside Facebook, a research and marketing group, in a report about the world’s most popular social network’s Web traffic.

“Most of the [...]

Outrage! ‘School Shooter’ Video Game to Reenact Columbine, Virginia Tech Killings

Who exactly thought this was a good idea?

In the yet-to-be-released School Shooter: North American Tour 2012, players can reenact school shooting tragedies at Columbine, Virginia Tech and Northern Illinois University, among other locations. The goal? “Become the best school shooter, ever,” according to the developer’s website. (See a brief history of video-game violence.)

To make the game even more realistic, players can choose to arm themselves with [...]

Latest iPhone Leak: Next iPhone Will Be Cheaper, Not Smaller (RUMOR)

The Wall Street Journal recently wrote that Apple was prepping a smaller version of the iPhone release, but a new rumor casts doubt on the Journal’s report.

TheNew York Times now reports that Apple is planning to release a more affordable iPhone, one featuring improved voice commands to supplement the virtual keyboard. However, this forthcoming release, will not be an “iPhone Mini,” the Times‘s Apple sources were careful to [...]

Request sent Apollo’s Hotel Company Innkeepers USA Is Said to Prepare Bankruptcy Filing.

Innkeepers USA Trust, a hotel company owned by Apollo Investment Corp., is preparing to file for bankruptcy, according to two people with knowledge of the plan.

The company, a real estate investment trust with stakes in 73 hotels in the U.S., may file as soon as today, said one of the people, who asked not to be identified because the information is private.

Dubai Property Companies Face `Significant’ Refinancing Risks, Fitch Says.

Property [...]

Personal experience: My job is going over-seas!

Today I was told that the entire group of developers and administrators I work with will be let go by 6/24/2010. So my 18 month contract with this large Insurance company (BCBS) located in Newark NJ will be cut short by about a year. They claim it was a decision made by upper management to outsource all of our work and they blame it on the economy. This will leave [...]