In a sign of how acute the challenge is for Google, the company is negotiating with Warby Parker, an e-commerce start-up company that sells trendy eyeglasses, to help it design more fashionable frames, according to two people briefed on the negotiations who were not authorized to speak publicly because the partnership has not been made official. Google and Warby Parker declined to comment.
With the PlayStation 4, Sony appears to be coming to terms with major shifts in technology as well as the impact of mobile phones, tablets, and social networking on how gamers play. The console features cloud-based technology that can stream games to players’ homes instantly, much like Netflix and Amazon beam movies and TV shows. (Last year, Sony bought cloud provider Gaikaifor $380 million.) “The living room is no longer the center of the ecosystem,” said Sony’s House, referring to the ability to connect to PS4 games via tablets, smartphones and the web.
Pinterest confirmed the funding and released this statement from CEO Ben Silbermann: “Our focus is on helping millions of people discover things they love and get inspiration to go do those things in their life. This investment gives us more resources to help realize that vision.”
At the Wall Street Journal’s Unleashing Innovation Conference in Singapore Facebook co-founder Eduardo Saverin talks with Executive Editor Almar Latour about what might lie ahead for the popular social network, and whether Facebook should buy LinkedIn.
At the same session, Mr. Saverin also discussed investment opportunities in Asia, his decision to move to Singapore, and his new identity as an angel investor.
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