GTA V is Fastest in Game History to Reach $1 Billion in Sales

Take-Two Interactive Software announced that it has sold more than 33 million copies of “Grand Theft Auto V” since the game’s launch in September, generating an estimated $1.98 billion in retail sales. The New York-based company claims “GTA V” was the best-selling console game last year in North America, Latin America and Europe — and the fastest title in video game history to reach $1 billion in sales. For additional perspective, it’s worth noting that Take-Two generated $2.4 billion in total revenue for its fiscal year. Continue reading GTA V is Fastest in Game History to Reach $1 Billion in Sales

Amazon Fire TV to Feature Android Games Created In-House

Amazon’s new Fire TV will serve as a game console in addition to streaming movies and TV shows. To help distinguish itself from industry giants such as Xbox One or PlayStation 4, Amazon plans to develop some of its own Android games. While Amazon Game Studios has not released a full list, sci-fi shooter “Sev Zero” has the potential to be the most popular. Amazon recently acquired Double Helix Games, the company that made the Xbox One launch title “Killer Instinct.” Continue reading Amazon Fire TV to Feature Android Games Created In-House

Biz Stone Aims to Revolutionize Social Search with Jelly App

Biz Stone has an impressive track record with helping launch various social products, including Xanga, Blogger, Twitter and Medium. Stone’s most recent undertaking is Jelly, a question-and-answer app though which users can ask their social media friends — and friends of friends — questions about anything, using text and images. While the app has the potential to change the makeup of Internet searches, some critics have been skeptical of the need for what essentially serves as a mash-up between Quora and Instagram. Continue reading Biz Stone Aims to Revolutionize Social Search with Jelly App

Pinterest CEO Unveils Revenue Growth Plan for the New Year

Since its launch in 2010, Pinterest has quickly transformed from a quirky website into a social media base used by one-fifth of American adults. To continue nurturing this growth, Pinterest CEO Ben Silbermann has announced a new business model that will finally start to generate revenue. Pinterest plans to charge advertisers for promoting their products on the site. An analyst at Wedbush Securities believes this has the potential to earn Pinterest more than $500 million in 2016.  Continue reading Pinterest CEO Unveils Revenue Growth Plan for the New Year

Identifying Where Function Meets Fashion with New Wearables

At the Sports and Fitness Tech Summit, the focus was on wearables that combine function and fashion for optimum success. In a panel on Wearable Tech: Function Meets Fashion, panelists described their own successes. FitLinxx CEO David Monahan summed up his formula for successful deployment: “Can I blend it into my lifestyle? Second, is it relevant — does it give me behavioral change? The third piece is affordability. If you’re deploying devices to 50,000 people, price makes a big difference.” Continue reading Identifying Where Function Meets Fashion with New Wearables

Facebook Leads Social Platforms in Driving Referral Traffic

According to Facebook, referral traffic from the social network to news and publishing sites has increased by more than 170 percent in a year’s time. This number is just an average, for the percentage is greater for certain sites. Partners including Time, BuzzFeed and BleacherReport have experienced significant increases. Numbers released by social Web tracker SimpleReach indicate that Facebook drives more traffic than any other social platform. Continue reading Facebook Leads Social Platforms in Driving Referral Traffic

Company Culture: Former CTO Outlines 5 Secrets to Pixar Success

  • Oren Jacob, Pixar’s former CTO, talks about the company’s keys to their success: Honesty about the quality of their films, a willingness to address problems quickly, looking at the source of problems, storyboarding out the issues, and hiring people that fit the company culture.
  • The story behind the overhaul of “Toy Story 2” was presented regarding the importance to: “Be honest with yourself. When the work isn’t great, say so. Then get to work making something you can believe in.”
  • Fast Company also points out the company’s hiring philosophy: “When Pixar is evaluating potential hires they look for three traits: humor, the ability to tell a story, and an example of excellence.”
  • And one of the more interesting lessons (applicable to a range of businesses): “Sketching storyboards and acting out scripts are the currency of ideas at Pixar. Try a variety of different media to find what works best for you and your organization.”