Welcome to the Morning Briefing for 4th of May 2012, where we highlight the tech stories from across the web that broke while you were sleeping and what we are watching here at techgeek.com.au.
Here’s what we are watching:
- Samsung Galaxy S III has officially been announced in a London press event. We all knew it was coming, and now we finally get the specs. You can read what it is, and why is it “inspired by nature” here on techgeek.com.au.
- Nokia is apparently working on “Hybrid” Mobile Devices – and we’re even more confused than Gizmodo are. It’s (now former) chairman Jorma Ollila spoke to the Financial Times and even hints on a tablet. Possibly, it could be a Galaxy Note with the large screen – but that implies Windows Phone will get a resolution change. The mystery continues.
- And like we said, Ollila has resigned from Nokia as chairman. He remains the chairman of Royal Dutch Shell, and has regretted not leaving it in better shape. He was CEO of Nokia from 1992 to 2006, and became its chairman in 1999. So, pretty much, he’s the last of Nokia’s old guard to go – and the transition still continues (which is at least something).
- Facebook’s IPO filing could be two weeks away, and now Facebook has updated its forms with the SEC to value the company between $60-$75 billion – well below the valuation of $85-95 billion, or the $105 billion valuation that people were discussing. The Verge hints that it is a conservative IPO price range – and it might be a good thing to start low, since Europe is always in a frenzy.
- Zynga is faltering, according to one analyst. It is losing market share to EA and Disney – with 6.4 million daily active users no longer using the Zynga Platform, while its rivals saw increases. Though, it is still the largest, the major titles that it develops are going down. And we could see more profit losses, since it may have made a mistake of buying OMGPOP for Draw Something earlier this year. Daily Active Users on that game dropped from 15 million to 10 million.
- Speaking of Draw Something, get ready to draw brands. However, we all know it’s all about the coins – and what will stop a person of writing the word in the drawing.