PayPal Co-founder Peter Theil Offered $100,000 to British Teen to Help Create a Company

Andrew Brackin

Paypal co-founder and Tech tycoon Peter Theil has offered Andrew Brackin, a British teen, with $100,000 to help in creating a technology firm but with a condition that he has to attend a university in San Francisco for two years.

The British teenager is one of the youngest businessman to offered with cash. Brackin have gone through rounds of thorough tests in the 2013 Theil Fellowship. The offered cash is to aid in setting up Bunchy, a program to be used for charities to raise money using the popular social networks. Andrew Brackin will also receive . . . → Read More: PayPal Co-founder Peter Theil Offered $100,000 to British Teen to Help Create a Company

Blizzard Extends Auction House Downtime Due to Gold Exploit

diablo 3 gold bug

Blizzard has announced that the Diablo III auction house is going to remain offline for another day to audit accounts that are involve in the gold exploit bug.

The downtime of the auction house followed the recent 1.0.8 update of the game that triggered an exploit letting users duplicate golds of up to trillions.

The aim of the latest patch was to fix the bugs and apply some changes on the game but it accidentally triggered a duplication bug of game golds. Good thing the game publisher was notified after a few hours when . . . → Read More: Blizzard Extends Auction House Downtime Due to Gold Exploit

Facebook Home Hits 500,000 Downloads in Just 5 Days

facebook home logo

It would appear that Facebook Home has just surpassed 500k downloads on Google Play since launching on the platform five days ago on April 16. The app’s Google Play listing notes the milestone, and Ben Evans confirmed on Twitter.

Facebook seem to be successful with its Facebook Home software for android platforms. Since it’s launch 5 days ago, April 16, it surpassed the 500k-download milestone on the Google Play listing.

Just to be clear, Facebook Home is not an app but a UI (user interface) software. Its aim is to be at the center . . . → Read More: Facebook Home Hits 500,000 Downloads in Just 5 Days

LG’s LTE smartphones to sell up 5 million units

LG's LTE smartphones to sell up 5 million units

On Wednesday, LG has declared their 4G LTE smartphones international sales have increase to five million units, way up from three million units last May.

LG, a South Korean vendor currently is offering LTE smartphones in over ten countries. It is planning to double its aim by the end of this year. The Optimus LTE of the company is its most famous handset, with sales amounting to two million units. On the other hand, the Optimus Vu smartphone-tablet hybrid has sales of over 500,000 units since March, as well as the Optimus LTE II in May.

According to a statement . . . → Read More: LG’s LTE smartphones to sell up 5 million units

Apple Stops LG Orders

LG-reportedly-losing-some-Apple-iPad-2-display-orders-to-Samsung

Apple is allegedly changing new production order from LG to Samsung for the iPad 2, as it appears LG Display’s LCD deliveries for the tablet have had quality issues, urging Apple to turn to Samsung in its place.

The news comes from DigiTimes, who stated that the biggest board supplier of iPad 2 is  being changed by competitors Samsung and CMI, since LG production has been disturbed because to the quality issues.

“LGD’s 9.7-inch panels for the iPad 2 reportedly failed to pass drop tests, during which their backlight units (BLUs) failed, the sources said, adding the panels’ yield rates . . . → Read More: Apple Stops LG Orders