Sony Buys Into Virtual Movie Theaters; Invests in Gaia

Monday, December 3rd, 2007

Gaia, the avatar-filled virtual world, has received an undisclosed amount of funding from Sony Pictures. You may be wondering why. It appears to be, in part, for building out Gaia theaters, where users can congregate in virtual rooms for the purpose of viewing video clips. This ...

Intuit Buys Homestead Technologies for $170M

Tuesday, November 27th, 2007

Intuit, the company behind QuickBooks, Quicken and TurboTax software, has acquired Homestead Technologies for about $170 million. As Homestead offers website creation tools and other e-commerce and marketing products made for online use, the combination of Intuit and Homestead will present opportunities for Homestead’s technologies to be used ...