Sony and Panasonic to develop a 300GB optical disc

Sony and Panasonic have agreed to work together to develop a new standard next-generation optical disc. The optical disc will have a capacity of over 300GB which would have six times more capacity than the current popular Blu-ray standard or equivalent to over 60 DVDs.

Physical media and associated hardware sales are in decline which is mainly due to the emergence of faster broadband that makes media downloading and streaming possible in acceptable qualities and downloaded games offering easier access than going to the store or waiting for it in the mail.

Shield gaming gadget out July 31

SAN FRANCISCO - NVIDIA said that they will release their new handheld gaming and entertainment device called Shield on July 31, 2013. It will run on Google Android.

“Last month, we made the difficult decision to delay the launch of Shield due to a mechanical issue we found in our rigorous testing process,” Shield director Jason Paul said on a blog post. “Since then we have been working non-stop to put Shield through its paces and ensure it meets the highest quality control standards in the industry.”

NVIDIA has priced Shield at $299 and is taking orders online at nvidia.com and newegg.com. NVIDIA unveiled the portable gaming device at the Consumer Electronics Show in Las Vegas early this year.

The device is powered by Tegra 4 chip and features multi-touch display and console-grade controls.

Shield will enter a gaming landscape being transformed by the booming popularity of free play on smartphones or tablet computers.

Microsoft, Blackberry dramatically slash prices of Surface and Z10 to boost sale

This is good news for tech hunters! Two giant tech companies Microsoft and Blackberry have reportedly cut down on the prices of their flagship products in an attempt to boost sales.

Microsoft has trimmed down the price to as much as 30 percent of its 32GB Surface RT to 279 pounds from 400 pounds in the UK and Blackberry has cut the price of the Z10 phone to as low as 49 dollars in US with a contract, down from 199 dollars, reported on BBC.

According to the report, the two firms are competing hard with popular brands like Apple, Google and Samsung in the smartphone and tablet market.

Nokia Lumia 1020 launched date

photo from www.wpcentral.com

The new Nokia Lumia 1020 leaked photos have been circulating the web and Nokia fans are excited with it. Nokia Lumia 1020 which is a Windows Phone will have a 41-megapixel camera. It is likely to be launched on July 11 and will be available in three colors Yellow, Black and White.

Yahoo buys mobile app co Qwiki

Tue Jul 2, 2013 - Yahoo Inc said that it will buy Qwiki Inc, a mobile app for creating videos in Apple Inc's iPhone, as it tries to increase its presence in the world of smartphones and tablets.

The company paid about $50 million for the deal, tech blog AllThingsD cited sources as saying. Terms of the deal however were not disclosed.

This is Yahoo's third acquisition since May when it bought blogging service Tumblr for $1.1 billion in cash. Earlier this week, the company reportedly acquired Bignoggins Productions, another mobile app developer.

Yahoo has seen its revenue shrink in recent years in the face of competition from Google Inc and Facebook Inc, but since she took charge in 2012 CEO Marissa Mayer has tried to turn the tide through a string of acquisitions.

Qwiki's app would continue to be supported by Yahoo and its emp