Live Blog: Live From The Reveal Of Microsoft's Next-Generation Xbox

It's Xbox day! Almost exactly 8 years after the announcement of the Xbox 360, Microsoft is back with another one. We're live on the ground at Microsoft's Xbox campus in Redmond, where the company is about to show its next-generation console for the very first time. We'll be bringing you the news as it breaks with our up-to-the-second liveblog. Join us, won't you?

Source: http://feedproxy.google.com/~r/Techcrunch/~3/vj6WavUO3qE/

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Calm Down People: Obama's Second Term Was Already in Tatters (Atlantic Politics Channel)

Share With Friends: | | Politics - Top Stories News, News Feeds and News via Feedzilla.

Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/305744379?client_source=feed&format=rss

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Sony waives its publishing fee; Would Apple ever do the same?

Video-game maker Sony has been making a big push for independent developers lately, both on its handheld PS Vita system and on its upcoming PlayStation 4 console, and yesterday, the company took another big step. Sony has decided to waive its usual US$99 fee for PlayStation Mobile developers, meaning that anyone can join the developer network and publish games on its platforms for free. That's a big move, and while it might not mean a boost in PlayStation Mobile publishing (there are other hiccups, such as the difficulty of game creation and the limited size of the market), it does show just how open Sony is to independent software developers.

So here's a question: Would Apple ever do the same thing? Ever since the App Store opened, Apple has charged $99 a year for a developer account to publish apps on its platforms. Anyone can download and use Xcode to make apps, but to publish them, you've had to pay that fee, and the price has never changed.

If Apple did lower the price or remove it, there would be some benefits: There'd be more apps on the App Store, and thus more potential profit for Apple and its developers. The developer community would be more open, which would lead to better documentation and communication in general. And while, yes, there would probably be even more low-quality apps, there would also be more potential for great or terrific apps that focus on a relatively niche market.

However, Apple would lose all the money it makes from the developer fee, money that probably goes into maintaining the developer network and its services. And Apple likely doesn't want the dev network to be a complete free for all. It still uses that network to beta test new software and operating systems, and there is still (technically) a non-disclosure agreement that binds anyone who signs up for the program.

Plus, it's not like Apple needs more developers. Those numbers are growing every day, even with the fee in place. So it seems unlikely that Apple will drop or even change that fee anytime soon: It's a very low barrier to development, but for Apple, it's better than no barrier at all.

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Source: http://www.tuaw.com/2013/05/08/sony-waives-its-publishing-fee-would-apple-ever-do-the-same/

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Look for Less: Busy Philipps?s Spring Glow

The Cougar Town star (and mom-to-be!) makes a bright fashion statement in an Isabella Oliver maternity dress at a Huggies and Baby2Baby event on April 27.

Source: http://feeds.celebritybabies.com/~r/celebrity-babies/~3/lt99k6x0oRI/

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Suicide attack on candidate kills 12 in Pakistan

Family members stand near a boy injured in an explosion at a local hospital in Pakistani tribal area of Parachinar, Monday, May 6, 2013. A bomb blast tore through a political rally held by an Islamist party in northwest Pakistan Monday, killing many people and wounding dozens more as the country?s already bloody election race gets even more dangerous ahead of the May 11 vote. (AP Photo/Ali Murtaza)

Family members stand near a boy injured in an explosion at a local hospital in Pakistani tribal area of Parachinar, Monday, May 6, 2013. A bomb blast tore through a political rally held by an Islamist party in northwest Pakistan Monday, killing many people and wounding dozens more as the country?s already bloody election race gets even more dangerous ahead of the May 11 vote. (AP Photo/Ali Murtaza)

People stand near a man injured from an explosion, at a local hospital in Pakistani tribal area of Parachinar, Monday, May 6, 2013. A bomb blast tore through a political rally held by an Islamist party in northwest Pakistan Monday, killing many people and wounding dozens more as the country?s already bloody election race gets even more dangerous ahead of the May 11 vote. (AP Photo/Ali Murtaza)

PARACHINAR, Pakistan (AP) ? A suicide bomber on a motorcycle detonated his explosives near a vehicle carrying a candidate from a hard-line Islamist party in northwest Pakistan on Tuesday, killing 12 people in the second attack on the party in as many days, police said.

No one has claimed responsibility for the bombing, but the Taliban took credit for an attack the day before on the same party, claiming it was targeting a candidate who had supported military operations against the militants in the northwest.

The blast Tuesday also wounded 35 people, but the candidate from the Jamiat Ulema-e-Islam party, Mufti Syed Janan, escaped unharmed, said police officer Haleem Khan. The attack occurred as Janan's convoy passed through a market in the town of Doaba in northwest Khyber Pakhtunkhwa province, said Khan.

The Pakistani Taliban set off a bomb at a political rally held by Jamiat Ulema-e-Islam in the northwest Kurram tribal region on Monday, killing 25 people and wounding 70, said government official Javed Khan. The targeted candidate was not harmed.

The Taliban have carried out multiple attacks in the run-up to national elections scheduled for May 11. But most of the attacks have targeted secular parties that have opposed the militants and backed the army's attempt to clear them from their sanctuaries in the northwest.

Prior to the last two days' bombings, there was concern that the attacks could benefit parties that take a softer line toward the militants, like Jamiat Ulema -e-Islam, because their candidates are able to campaign more freely ahead of the vote.

But the Taliban have also condemned democracy as a whole, meaning that any political party taking part in the elections could be considered fair game by the militant group. Militants have called on people in many areas to stay away from the polls on election day.

The Jamiat Ulema-e-Islam party is considered supportive of the Afghan Taliban's fight against the United States and its allies in neighboring Afghanistan. It's also sympathetic to the Pakistani Taliban, which have been fighting Pakistani troops and would like to establish a hardline Islamic government in Pakistan. The group's leaders have generally opposed the Pakistani military's operations against the militants and instead called for negotiating with them.

But that hasn't made the group immune.

In 2011, a suicide bomber struck a convoy in which the party's head, Maulana Fazlur Rehman, was traveling through northwestern Pakistan, killing 12 people.

____

Associated Press writer Riaz Khan contributed to this report from Peshawar, Pakistan.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2013-05-07-Pakistan/id-ae8c123db49444d6af38872297cc1627

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The Next Phase of Social Business is the Collaborative Economy ...

Above Image: Market Opportunities for the Collaborative Economy by Vertical, from Sharable Magazine follow them on Twitter.

What?s the next phase of Social Business? ?That?s the question I?m frequently asked. ?Without a doubt, the next phase is the Collaborative Economy.

What?s that? ?That?s where brands will rent, lend, provide subscriptions to products and services to customers, or even further, allow customers to lend, trade, or gift branded products or services to each other. ?This unstoppable trend is fueled by the social web, the specific features include relationships, online profiles, reputations, expressed needs and offerings and ecommerce. Customers are already starting to conduct these behaviors among themselves using TaskRabbit, AirBnb, Lyft, and many others tools ?some of these are disruptions and opportunities to brands.

[The next phase of Social Business is the Collaborative Economy; Brands will enable customers to share, trade, lend, gift products and goods using social technologies]

While this movement will have broader global and economic impacts, at Altimeter, we?re focused on disruptions to corporations. ?We?re knee deep in interviews for our next report on the Collaborative Economy, and have interviewed startups, VCs, brands, social business software vendors, authors, thought leaders, and are dissecting data of 200 sharing startups, for a broad overview of what it means to business.

Matrix: Phases of Social Business

Phase	Department Impacted	Notable Examples
Phase 1	PR and Brand	Dell Hell incident, Kryptonite Lock
Phase 2	Marketing realizes an opportunity to conduct outreach	Corporate blogs: Fast Lane by GM, Microsoft blogs, IBM Blogs
Phase 3	Customer Support	HP massive online communities, Home Depot Communities, Comcast Cares
Phase 4	Product Innovation	Starbucks Ideas, Dell Ideastorm
Phase 5	The business model, supply chain, various other departments	Using social tools, customers are sharing, selling, and renting your goods to each other

Caveat: There are many broader impacts inside of the company that also impact HR, recruiting, supply chain, IT, and more, the above is just a sample of the most well discussed impacts.

---

Brands Already On Board: Toyota, Barclays Card, Avis, BMW, Walmart
What are examples of companies that are already taking advantage of this new social business trend now? ?Here?s a few from the Master List of Brands Participating in the Collaborative Economy: ?To stay current with car sharing or lending services like Lyft, RelayRide, Zipcar, Uber and more Toyota, OnStar and BMW are allowing cars to be rented. ? Barclays Card sponsored and supported bicycle sharing in the city of London, associating their brand with the movement. ?And retail giant Walmart is considering allowing customers to deliver goods to each other, to compete with Taskrabbit and Amazon.

[The first phase of Social Business impacted branding and PR, it shifted to support and product development. The next phase impacts core business model]

Ecosystem Opportunities Aplenty
What are the immediate business opportunities? ?There?s a long list, and the report will probe them in detail, but they?ll include sponsorships, partnership, investments in startups, building branded communities that enable renting and gifting, customer advocacy programs, and more. I?m seeking a SaaS startup that will enable this for brands, and dedicated a whole post outlining the market opportunity. For example, on just the retail vertical, yesterday, I met with Neal of Sharable Magazine, and he shared opportunities for retailers

Mindset Change Required in Corporations
So there you have it, the next phase of Social Business goes beyond marketing and customer support, it changes the fundamental business models and relationships that we will have with our customers. The big change that brands will struggle with, as is it means that brands will have to care about the relationship between customers as they trade and rent your products between themselves.

Collaborative Economy Requires a New Business Mindset

Company Mindset:	Traditional Mindset	Social Business Mindset	Collaborative Economy Mindset
How they think:	Brands are in charge. Deal with it.	Customers are in charge, we?re listening and will engage. We care about your current experience with our goods.	We must now care about extended life of good after we sell it, and the relationship between customers.
Strategy they deploy:	Brand Experience	Customer Experience	Marketplace Experience

Stay tuned for Altimeter?s report on the Collaborative Economy in just a few weeks, which I?ll be presenting the findings at LeWeb, which is themed on the Sharing Economy. Thank you Vivian Wang and Neal Gorenflo for the inspiring interviews this last few days.

Source: http://www.web-strategist.com/blog/2013/05/07/the-next-phase-of-social-business-is-the-collaborative-economy/

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CA-BUSINESS Summary

TSX climbs as banks, consumer stocks provide lift

TORONTO (Reuters) - Canada's main stock index posted its fourth straight session of gains on Tuesday as strength in financial and consumer discretionary stocks following comments from central bankers indicating their support of growth-oriented policies offset declines in gold miners after bullion prices tumbled. The market received further support after Germany, Europe's largest economy, reported a 2.2 percent rise in industrial orders in March, compared with expectations for a 0.5 percent drop.

SoftBank to meet Sprint investors, many eye higher bid

TOKYO/NEW YORK (Reuters) - SoftBank Corp President Masayoshi Son may get a frosty reception when he comes to the United States this week to meet Sprint Nextel Corp's major shareholders, as he tries to drum up support for the Japanese company's proposed takeover of the No. 3 U.S. wireless service provider. SoftBank's billionaire founder, who proposed a $20 billion deal for a 70 percent stake in the U.S. wireless carrier, said on Tuesday that he would discuss the deal with shareholders in a bid to fight off rival Dish Network , a U.S. satellite TV provider, which offered Sprint a $25.5 billion bid.

Brazil's Azevedo becomes first Latin American to head WTO

GENEVA (Reuters) - Brazil's Roberto Azevedo has won the race to become the next head of the World Trade Organization, the first candidate from the BRICS club of emerging economies to take the job. The career trade diplomat now faces a huge challenge to reinvigorate the global body, which has failed to wrap up the Doha trade liberalization talks after years of stalemate and risks becoming irrelevant without a breakthrough.

Disney's profit rises on parks, 'Oz' movie

LOS ANGELES (Reuters) - Media giant Walt Disney Co reported a 32 percent increase in profit that beat Wall Street expectations, boosted by higher spending and attendance at U.S. theme parks, and the movie box office success of "Oz the Great and Powerful." Revenue for the company that operates cable networks, theme parks and a movie studio increased 10 percent to $10.6 billion. At the parks division, revenue gained 14 percent and operating income climbed 73 percent as resorts in Florida and California attracted more visitors and guests spent more.

China trade data beats expectations, skepticism remains

BEIJING (Reuters) - China's exports and imports grew more than expected in April, offering the possibility of a better outlook for the world's second-largest economy, but the figures failed to put an end to skepticism that financial maneuvering by exporters and speculative capital inflows are masking weakness in real demand. China's exports rose 14.7 percent in April, while imports grew 16.8 percent, leaving the country with a trade surplus of $18.16 billion for the month, the Customs Administration said on Wednesday.

Morgan Stanley legal costs knock penny per share off profits

NEW YORK (Reuters) - Morgan Stanley investors received a penny less in profit per share last quarter due to legal expenses that were booked between the company's earnings press release on April 18 and the time it made its quarterly regulatory filing on Tuesday. The bank originally reported earnings attributable to common shareholders of $958 million, or 49 cents per share, but revised that to $936 million, or 48 cents per share, according to Morgan Stanley's 10-Q filing with the U.S. Securities and Exchange Commission.

Fannie Mae, KPMG agree to pay $153 million to end shareholder lawsuit

(Reuters) - Mortgage finance company Fannie Mae and accounting firm KPMG have agreed to pay $153 million to settle a shareholder lawsuit filed by Ohio pension funds and others accusing the companies of issuing false and misleading financial reports, the Ohio attorney general said on Tuesday. The settlement would end litigation that began in 2004 and requires approval from the judge overseeing the case, U.S. District Judge Richard Leon in Washington, D.C.

Hedge fund chief Paulson loses big on gold

NEW YORK (Reuters) - Hedge fund billionaire John Paulson is emerging as one of the biggest losers in this year's gold rout, further tarnishing his once legendary status in the $2 trillion hedge fund industry. Paulson's $700 million gold fund lost a whopping 27 percent in April, when the price of the metal plunged 17 percent over a two-week stretch, according to performance figures provided by a person familiar with the fund.

Berkshire may boost DaVita stake to 25 percent

(Reuters) - Warren Buffett's Berkshire Hathaway Inc , the largest investor in DaVita HealthCare Partners Inc , has entered an agreement allowing it to nearly double its stake in the largest U.S. operator of dialysis clinics to 25 percent. According to a regulatory filing, the companies on Tuesday entered a "standstill" agreement, which is often used to prevent unsolicited takeovers, indicating the maximum percentage of shares that Berkshire can own.

BlackBerry shares hit by Pacific Crest report

TORONTO (Reuters) - Shares of BlackBerry slid more than 5 percent on Tuesday after Pacific Crest Securities issued a downbeat report on sales momentum for smartphones running the company's new BlackBerry 10 operating system. Pacific Crest analyst James Faucette, who has a underperform rating on the company's stock, said he believes initial shipment and sales volumes for the BlackBerry Q10 - a device that comes with a physical keyboard - have not been strong.

Source: http://news.yahoo.com/ca-business-summary-000836369.html

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