Facebook completes purchase of Oculus VR | Yahoo buys app-analytics firm Flurry in $200M deal | Google, others consider turning pay phones into Wi-Fi hot spots
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July 22, 2014
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Facebook completes purchase of Oculus VR
Facebook has completed its buyout of Oculus VR, developer of a virtual-reality headset. The $2 billion deal involves $400 million in cash, 23.1 million shares of Facebook common stock and $300 million in performance incentives. CEO Mark Zuckerberg has said Facebook will help the company expand its gaming ambitions and adapt the technology for such sectors as medicine, education and communications. TechCrunch (7/21), CNET (7/21), The Guardian (London) (7/22)
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Developer Economics
Yahoo buys app-analytics firm Flurry in $200M deal
Yahoo is purchasing Flurry, a mobile application analytics company, in a $200 million deal that it hopes will deliver a boost to its mobile ad revenue. Flurry has partnered with more than 8,000 app publishers, including The Guardian and Sega, and "now we can work with all of those apps and bring them access to Yahoo services," said Yahoo's Scott Burke. The Wall Street Journal (tiered subscription model) (7/21)
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Google, others consider turning pay phones into Wi-Fi hot spots
Pay-phone locations may be future Wi-Fi hot spots, and Google is one of several companies reportedly expressing interest in such a plan for New York City. Separately, market analysts are raising their estimation of Google, saying the company holds an advantage over others as the digital world transitions to mobile and wearable devices. Bloomberg (7/21), Reuters (7/18), Ubergizmo.com (7/21)
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Cisco encourages community of developers
Cisco has established DevNet as part of an effort to build an open community of programmers to create new applications that give clients greater flexibility in managing their networks. Cisco hopes to have 1.2 million developers participating by 2020. The Wall Street Journal (tiered subscription model)/Digits blog (7/21), The Register (U.K.) (7/22)
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MIT invention will hasten data center decision-making
Massachusetts Institute of Technology researchers have invented a parallel computing feature that allows packets of data to pass through a data center more quickly. The technology, Fastpass, gives the job of decision-making to a central server that schedules data packets in an efficient way. Fastpass is expected to begin appearing in production data centers two years from now. Computerworld/IDG News Service (7/18)
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Regulation & Policy
The FDA gears up for next wave of health app technology
Congress has floated a proposal to create a specific Food and Drug Administration office that regulates mobile health applications and devices, like the forthcoming smart watch from Apple. Until now, the FDA has remained largely on the outskirts of health tracking technology, but as that technology advances to influence daily behavior and actions, more government involvement may be needed, according to health industry insiders. VentureBeat (7/21)
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Industry Spotlight
Israeli app chronicles missile attacks
The Red Alert application for iOS and Android sends warnings and updates when missiles are launched into Israel. The app has also become a place for comments from concerned people worldwide who are witnessing the attacks remotely. Red Alert has 300,000 Android users and 100,000 iOS users. Computerworld (7/21)
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