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Sony under pressure to spin off entertainment unit

Sony is once again being squeezed by one of its biggest investors to split itself up by spinning off its entertainment division.

Third Point hedge fund founder Daniel Loeb sent a letter on Tuesday to Sony CEO Kazuo Hirai urging him to set up a semi-independent board to run a spun-off and public entertainment company, Reuters reported. Loeb recently upped his fund's investment in Sony to 70 million shares, or almost 7 percent of the company, a stake worth around $1.4 billion.

Loeb has argued that Sony has been unable to successfully run its entertainment division, which includes … Read more

Parse hits 100,000 apps after Facebook acquisition

SAN FRANCISCO -- Facebook's latest acquisition, Parse, announced on Wednesday evening that it has grown 25 percent since the social network bought it two months ago.

Parse CEO Ilya Sukhar told an audience at a World Wide Developers Conference event that the platform has grown by 20,000 apps since last month.

"We agreed to have Facebook buy us to accelerate our vision," he said.

Facebook bought developer platform Parse in April, letting the social network dip into the back end of thousands of mobile applications. More apps, more data.

Third-party apps are important to Facebook because … Read more

Break up Sony, hedge fund chief urges

An American hedge fund billionaire has called for the breakup of Sony, in a bid to tighten its focus on the electronics division.

The call on Tuesday came from Daniel Loeb, founder and CEO of hedge fund Third Point, known for its role in ousting Yahoo's former CEO Scott Thompson and enlisting Marissa Mayer from Google to run the company, the New York Times reported, citing people familiar with the matter.

Sony's entertainment arm includes one of the biggest film studios in Hollywood and one of the largest music labels in the world.

Loeb also signaled he would … Read more

Hands on: Panasonic Lumix DMC-GF6

Editors' note: The GF6 has not yet been announced in the U.S. This hands-on preview is courtesy of our sister site CNET Asia. The camera was subsequently announced in the US at a price of $599.99 for the 14-42mm standard zoom kit, and is expected to ship in June.

The Panasonic Lumix DMC-GF6 comes as an update to the DMC-GF5. The new camera features a chunkier build and a sleek metallic design. With this iteration, Panasonic has added a few notable improvements such as wireless connectivity, a 180-degree tilting screen and a mode dial. This 16-megapixel interchangeable lens … Read more

Hack and slash to save your love from...whatever those things are in Third Blade

Taking its cue from those arcade video games from the '80s and '90s, Third Blade modernizes the approach for the App Store audience to great effect. Built on classic mechanics and featuring plenty of weapon upgrades, enemy stomping and combos, Third Blade is both intrinsically pleasing as far as game design goes and slightly frustrating due to its still-not-updated graphics, suspect Free/Paid model and garbled story.

The game is simple enough. Cut scenes feature animated characters decked out in weaponry traversing the world, fighting off worm-like creatures. The game itself is a classic side-scrolling beat-em up. You tap the … Read more

New-to-vinyl converts talk about the joys of playing LPs

I've heard the naysayers for years, the ones that say vinyl is a fad, or that kids buy records just because they think LPs are cool. But the fact is vinyl sales keep going up year after year. I'd be the first to admit that playing an LP is more of a hassle than listening to Spotify, so why do people who grew up listening to CDs and files invest in a turntable, and search out their favorite music on LP? Why do they do it?

Recently, I talked with a few music lovers who grew up in … Read more

IDC device maker ranking shows Apple value, Samsung volume

In the brave new world of connected personal computing devices, Hewlett-Packard is a distant No. 4, with Samsung and Apple leading the way.

Think of IDC's "Worldwide Smart Connected Device Market" report as the 21st century equivalent of PC maker rankings.

Personal computing today includes tablets and smartphones, not just the laptop in your father's home office.

That global smart-connected device market grew 27.1 percent year-over-year in the third quarter to a record 303.6 million shipments valued at $140.4 billion, IDC said today in a research note.

"HP, which is virtually non-existent … Read more

Dell makes pitch for $649 Windows 8 tablets at business

After Dell reported lackluster earnings today, executives made a case for the company's Windows 8 tablets at businesses.

Dell's earnings fell sharply today, with net income in the quarter ended November 2 sinking 47 percent to $475 million compared with the $893 million reported in the same period last year. Revenue was off 11 percent.

So, what is Dell doing about it? Well, it's trying to transform itself into a supplier of IT services.

But before it can do that, it's still trying to sell lots of PCs -- and now Windows 8 tablets.

Those tablets … Read more

Olympus' new street-shooter-friendly prime lens

Olympus continues its trend of releasing fast, Micro Four Thirds-mount (MFT) prime lenses with the 17mm f1.8 (34mm equivalent). Incorporating the same design as the 12mm f2 -- metallic finish and a pull-down ring for distance-based focusing -- the lens sounds like a solid addition for street-shooting MFT photographers.

Mount Micro Four Thirds Focal range 17mm Aperture range f1.8 - f22 Aperture blades 7 Minimum focus distance 9.8 Angle of view 65 degrees Elements 9: 3 aspherical, 1 high-refractive index Filter diameter 46mm Minimum length 1.4 inches Maximum length 1.4 inches Weight 4.2 (est) … Read more

Android beats iOS 5-to-1 in Q3 smartphone market share

Android commanded the worldwide smartphone market share in the third quarter, new data from research firm IDC has revealed.

With a whopping 75 percent of market share and more than 181 million smartphones shipped, Android's operating system is apparently just fine with most phone users. In a distant second place, Apple's iOS grabbed fewer than 15 percent of the world's market share.

"Android has been one of the primary growth engines of the smartphone market since it was launched in 2008," IDC Mobile Phones Research Manager Ramon Llamas said in a statement. "In every … Read more