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2012-06-13 09:40:05

European venture firm Balderton Capital is dumping its 13% stake in social gaming company Sulake, creator of the popular online teen game Habbo, over revelations of "explicitly sexual interactions" among players on the site. Balderton had been an investor in Sulake for the past eight years, and was its second largest shareholder.  The venture capital firm said it was also resigning from Sulake´s board of directors. “We didn´t take this decision lightly, as we have...

2011-04-01 00:11:01

Sulake's 2010 Revenue Increases More Than 20% Over the Previous Year Helsinki, Finland (PRWEB) March 31, 2011 Sulake, the parent company of Habbo Hotel, the world's largest social game and online community for teenagers, today announced the best annual financial results in the company's history. During fiscal year 2010, Sulake's revenue was up more than 20 percent over 2009, resulting in sales of &eur;56.2 million ($78.7 million). Sulake's EBITDA in 2010 totaled &eur;5.4 million ($7.6...

2010-12-21 00:01:51

More than 61K Teen Users Worldwide Respond to Questions about Family, Gifts and Charitable Donations Los Angeles, CA (PRWEB) December 20, 2010 Habbo Hotel (http://www.habbo.com), the world's largest virtual community and social game for teenagers, today released results of its latest Habbometer survey. More than 61,600 Habbos around the world participated in the poll, conducted in late November, which asked users how they are celebrating the holidays. The findings provide interesting...

2010-10-22 00:00:39

The First Worldwide Poll Asks Users About Experiences with Music Los Angeles, CA (PRWEB) October 21, 2010 Habbo Hotel (http://www.habbo.com), the world's largest virtual community and social game for teenagers, today introduced the Habbometer, a new regular source of information on teens worldwide. Every month the site will run a short poll of Habbos to find out what teenagers around the globe think is hot, and what they think is not. Details from the first survey asked users about how they...

2008-09-03 18:00:40

THE Government was officially rolling out its campaign today to vaccinate young girls against a virus that causes cervical cancer. Social networking sites have already been targeted in a bid to encourage girls to have the jab which helps protect against human Papillomavirus. HPV is a sexually transmitted infection that causes most cases of cervical cancer. Schools across the UK will start vaccinating pupils aged 12 and 13 (Year 8) from this week onwards with around 300,000 girls...

2008-07-14 09:00:29

By ALANA SEMUELS By Alana Semuels Los Angeles Times As if Google didn't have a strong-enough hold on the planet, it launched its own world last week - a virtual world, to be exact. Lively, which Google calls a "virtual experience," allows you to create an avatar, decorate your own virtual room, invite friends to your room and do things you've always dreamed of, such as blow up oil barrels on a deserted island. Unlike popular virtual worlds such as Second Life, Lively doesn't...

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2006-05-22 00:00:00

By Antony Bruno SAN FRANCISC -- As the Pussycat Dolls' star continues to rise, Interscope Records wanted a promotional campaign that would take the all-female song-and-dance pop ensemble out of this world. Literally. On May 15, the label partnered with Web community startup Doppelganger to launch a virtual nightclub called the Pussycat Dolls Lounge. Visitors create customized digital images of themselves -- called avatars -- to navigate the various rooms of the nightclub. Visitors also...


Word of the Day
tesla
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.