Google sells back 5% of AOL to Time Warner

Google who bought 5% stake in AOL awhile back has sold the stake back to Time Warner. The initial investment was for 1 billion dollars. Google sold it back for $283 million on July 8. So this ends ties with AOL for Google.

via Cnet

Bill Gates no longer a Facebook user

If your Bill Gates you must be popular, right? Well Bill Gates thinks so, and that is the reason he stopped using Facebook. 10,000 people want to be your friends and it's not worth answering requests.

via Telegraph

Microsoft games revenues fall by 3%

Xbox 360 and PC games has fallen by USD 161 million (3 per cent). MS states that the reason for the fall was the price drop of the console.

via GameIndustry

Worker dies over missing iPhone

A guy in China lost a missing prototype of an fourth gen iPhone and apparently took his own life. Now there are two sides to this story. The worker side is that they search his apartment, then beat him which led to his suicide. While the company states that no beating took place.

via Associated Press

Trent Reznor deletes Twitter account

Nine Inch Nails frontman Trent Reznor has decided enough was enough and deleted his Twitter account. Reznor felt posters were using his personal life against him.

via TechCrunch

Polymer Vision files bankruptcy, no more Readius

Another day and another bankuptcy, this time from Polymer Vision. Polymer Vision who actually had a decent idea of the Readius ebook reader folds under tough times. 50 employees will be heading to unemployment.

via Engadget

Picad Media Beta

New York based Picad Media provides in-picture advertising for the Internet. Pretty good idea since people tend to click on pictures on blogs and websites. And less likely to click on actual ads.

Check Picad Media for more details HERE

Everex shuts it's doors in the US

Everex US shuts down after not getting a ground with their Cloudbook netbook.

According to the company themselves, the US operations are now closed and they are “in the processor of liquidation of all our assets”. It’s unclear whether the liquidation will affect Everex Japan or Taiwan; neither site has any mention of their US sibling’s closure.

via SlashGear

Crunchpad Inc

TechCrunch founder Michael Arrington thought he could create a cheap browser tablet for us all. And he is one step closer with his new company Crunchpad INC. With already 14 employees in Singapore you can bet there will be some new stuff coming out very shortly.

GDGT the new social network for geeks

When you are Peter Rojas and Ryan Block and start a new website then your going to get noticed. GDGT is a bit of a social network for gadget lovers. You can list your gadgets, discuss them, and review them.

Check out the site HERE

VLC 1.0.0

Popular media player VLC is finally out of beta and now at 1.0.0. Anytime I can't play a file in windows media player, I look to VLC which plays quite a few formats smoothly.

via VideoLAN