Archive for March 2nd, 2008

Helio is half a billion dollars in debt

Sunday, March 2nd, 2008

Niche cell service Helio has amassed a fantastic $560 billion dollars in debt over the last three years. Helio, which is co-owned by Earthlink and SK Telecom was created to bring many of the cellphone features that Asian customers enjoy to the US. Losses have increased steadily over the three years with an understandable $47 million in losses in 2005, a worriesome $192 million in 2006 and finally a downright staggering $327 million in 2007.

There is some good news for the Helio faithful. Sales actually outpaced looses in 2007 with losses increasing at 70% and revenue jumping 264%. There is also the fact there is serious restructuring going on at corporate headquarters as well as dropping prices on phones and services which is bound to help. Regardless of these positives majority owner SK Telecom might look at unloading their stake soon.

Read [Silicon Alley Insider]

Keep up with the latest gadget goodness! - Subscribe to our feed →

Dreamworks to begin offering Blu-ray titles

Sunday, March 2nd, 2008

Dreamworks, who had been standing strong with their contract to Toshiba and their commitment to HD DVD have announced their exit plan. Their HD DVD movie shipments will end next week, but the exact release of upcoming titles on Blu-ray has not yet been announced.

A few titles that were set for release such as the Bee Movie, Sweeney Todd and There Will Be Blood have all been canceled, and will be released only as standard DVD’s. The last and final hd dvd titles will include next weeks release of Things We Lost in Fire and Into the Wild, somehow I cannot imagine either of them selling that well.

Via [EngadgetHD]

Keep up with the latest gadget goodness! - Subscribe to our feed →

Digital Photo Frame Webcam: A Potential Spy Gadget

Sunday, March 2nd, 2008

Imagine peering into a photo frame only to find out afterwards that there’s someone watching you through it.

This is what the Digital Photo Frame Webcam does. It has all the trappings of the spy gadget — if only that camera wasn’t so obvious. The webcam can take photos too, when connected to a PC. The picture viewer itself is detachable from the base. Aside from its basic photo viewer and slideshow function, it also has a built-in calendar and thermometer. A bit more tweak into making the webcam a bit more imperceptible would be ideal, but as of now, I like what I see.

via

Best Gadgets