msoftnews

Tweet The Motion Picture Association of America told a federal court that it opposes allowing MegaUpload to buy back its servers, and that it also opposes allowing former users to access their files. Read more… Neowin.net

Tweet London-based cloud video production platform provider Aframe has raised a Series A round of financing to expand its business internationally. The funding, which was led by Octopus Investments and Eden Ventures, with participation from existing investor Northstar Ventures, will be used to open new offices in Boston, New York City and Los Angeles. Aframe has built a SaaS-based platform for managing video production and collaboration in the cloud. Rather…

Tweet Rocky Agarwal has to be feeling pretty vindicated right about now. He has been blogging about Groupon and its business model, screaming that it has more holes than swiss cheese for almost 18 months. A report in the Wall Street Journal suggests that the Securities & Exchange Commission is looking into the company’s recent actions and that may lead to an investigation. Groupon recently revised its very first set of…

Tweet Research in Motion could be sold in the near future; with the Canadian government having approved it, could an investor simply swoop in and buy them out? Read more… Neowin.net

Tweet Rich people have phones, like apps and want to buy things using said phones. The less-than-groundbreaking results of a study from the Luxury Institute offer some facts and figures around affluent people who own smartphones (60 percent), use apps on them (73 percent) and who have or want to buy something (67 percent) using their handsets. But what’s really worth pondering is the call by the Institute to create…