Online sharing site MegaUpload was shut down by the FBIs on the DOJs decision earlier today, which results in a reaction from the Hacker Group Anonymous to shut down various government agencies and big companies website. It was found that the website founder Kim Schmitz had own himself over luxuries cars which total comes with a $6 million price tag. The list, according...

Twitter, the world’s biggest micro-blogging website, made another move with the acquisition of Summify, a service that culls through your social media profile to deliver a daily digest of the most relevant stories to your inbox or an iPhone app. “Our long-term vision at Summify has always been to connect people with the most relevant news for them, in the most...

Microsoft updates the world with mentioning that the company is aware of the color space issue w/ some Xbox video apps and is working on its fixture. The company last updated about Xbox 360 to its users in December brought with a problem with color output for some. The company’s Xbox division, Director of Programming, Larry Hyrb, tweeted about the issue. The problem might be looks smaller in nature, but it looks company wondered it that it’s important enough to address. The new dashboard released in December to upgrade the service...

IBM announced its fourth-quarter 2011 results with diluted earnings of $4.62 per share, compared with diluted earnings of $4.18 per share in the fourth quarter of 2010, an increase of 11 percent. Operating (non-GAAP) diluted earnings were $4.71 per share, compared with operating diluted earnings of $4.25 per share in the fourth quarter of 2010, an increase of 11...

Nike unveiled on Thursday with its Nike+ FuelBand, a personal accelerometer that measures your activity in what Nike calls “Fuel”, or your movement in three dimensions. The FuelBand takes the Nike+ data collection engine and expands it to a full day’s worth of activities, then combines it with a basic LED wristband for data reporting and interaction. Users...

Google Inc. has released it Q4 2011 financial results and the fiscal year ended December 31, 2011. The consensus estimate is $10.49 for EPS and $8.40B for revenue, according to First Call. The company reported revenues of $10.58 billion for the quarter ended December 31, 2011, an increase of 25% compared to the fourth quarter of 2010. Google reports its revenues, consistent with GAAP, on a gross basis without deducting traffic acquisition costs (TAC). In the fourth quarter of 2011, TAC totalled $2.45 billion, or 24% of advertising revenues. “Google...

With the takedown of a major content hosting website Megaupload, Hacker group “Anonymous” targeting big companies and government agencies websites. The group Anonymous on their Twitter account declared, “The government takes down #Megaupload? And in response to that 15 minutes later #Anonymous takes down government & record label sites. #ExpectUs.” The...

U.S. accuses a major internet content hosting website, Megaupload.com of copyright infringement. Seven individuals and two corporations – Megaupload Limited and Vestor Limited have been charged for the offence with running of an international organized criminal enterprise allegedly responsible for massive worldwide online piracy of number of copyrighted works, generating...

Yesterday, we saw 25 US Senators publicly stands out against the Protect IP Act (PIPA), now just 63 supports anti-piracy bills, and opposition has surged to 122, as per ProPublica. ProPublica is an independent non-profit news room define supports and opponents’ according to “whether a member is a sponsor of the proposed bills, and each member’s voting record...

A total of 25 US Senators have publicly stated their opposition against the Protect IP Act (PIPA), according to OpenCongress. The bill previously gained support of over 40 senators, who co-sponsored the bill. But as of today, that number has dropped with 25, and another 13 too are leaning towards opposition. The news comes a day after when the whole internet is on...