=> WP_Post Object
[ID] => 1244756
[post_author] => 696
[post_date] => 2014-02-14 13:00:34
[post_date_gmt] => 2014-02-14 18:00:34
[post_content] => This week in tech included an announcement from a product that was bringing in $50,000 in advertising revenue who made a dramatic move by calling it quits, a potential game-changing merger (pending government approval), an expanding payment processing company looking to transform how we shop, and a company with a need to fill new job openings.
Here's what happened, this week in tech.
1. Bye Bye Birdie - In last week’s post, we mentioned the popular mobile game, Flappy Bird, which announced it was making $50,000 a day in advertising revenue. With a surprising move, and to the disappointment of addiction players everywhere, creator Dong Nguyen, decided to remove the game. In a statement, Nguyen explains, “Flappy Bird was designed to play in a few minutes when you are relaxed, but it happened to become an addictive product. I think it has become a problem. To solve that problem, it’s best to take down Flappy Bird. It’s gone forever.” Definitely a different attitude than we are used to seeing from app creators, and some may even say it's "refreshing." But, others, who are so desperate to continue playing the game,are bidding up to to $100,000 on eBay for iPhones with the game already installed. This brings to light a new question - was pulling the game just a marketing ploy? Nguyen may surprise us.
2. Comcast Set to Buy Time Warner - Comcast, the nation’s largest cable company, announced this week that it has plans to buy the second largest cable company, Time Warner Cable, in a blockbuster merger, which would be worth about $45 billion. This deal, which is making many consumers uneasy and curious about the future of already sky-rocketing cable prices, will be evaluated very closely by the U.S. government, including the Justice Department (which will address antitrust concerns) and the Federal Communications Commission. The review, which is set to take about one year to complete, will determine if the deal gets the green or red light. If the deal does go through, it would create a huge powerhouse with approximately 33 million customers.
3. Square’s In-Store Payment heads to Whole Foods - In their second big in-store deal, the payment processing option, Square, will be breaking into Whole Foods. Square will install pay stations throughout stores to give shoppers an alternative check out option and allow them to avoid waiting in the checkout lines. Stations will be strategically placed at the sandwich counters, juice and coffee bars, pizzerias, and beer and wine bars within Whole Foods. This option will make it quicker and easier for on-the-go shoppers to get in and out. Currently, these Square payments are only at seven locations, but there are plans to expand into other stores very soon.
4. Who’s hiring? Amazon! - In a positive move toward changing the fluctuating unemployment numbers, Amazon announced that they plan to hire another 2,500 people across the country due to the continuing growth of their ecommerce business. These jobs will involve picking, packing, and shipping customer orders - maybe not the most appealing of jobs, but they are jobs. The median pay inside Amazon fulfillment centers is 30 percent higher than the median retail wage, which is just over $13 an hour. In addition, workers will receive health care, paid vacation, quarterly bonuses, stock awards and matching retirement contributions. Although getting to work via a drone isn't an option yet, this still seems like a pretty good deal.
That's the news for this week in tech. What did we miss? Comment if we left anything out!
[post_title] => This Week In Tech: Flappy Birds (Again), Comcast, Square, And Amazon
[post_excerpt] => This week in tech included an announcement from a product that was bringing in $50,000 in advertising revenue who made a dramatic move by calling it quits, a potential game-changing merger (pending government approval), an expanding payment processing company looking to transform how we shop, and a company with a need to fill new job openings.
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[post_name] => week-tech-flappy-birds-comcast-square-amazon
[post_modified] => 2014-02-14 09:38:19
[post_modified_gmt] => 2014-02-14 14:38:19
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