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The Almighty Buck

South Korea's Free Computer Game Business Model Hits the US 159

Anti-Globalism writes with this excerpt from AFP via Yahoo! News: "Seoul-based 'free-to-play' computer game titan Nexon on Wednesday blasted into the US videogame arena with a 'Combat Arms' online first-person shooter title that makes its cash from optional 'micro-transactions' by players. The game makes its money from players that buy animated helmets, outfits, emblems or other virtual items to customize in-game characters. To keep the battlefield even, players earn experience or advanced weaponry by skill so people essentially can't pay for power. ... Startups and established game makers including Japanese goliath Sony are venturing into the free computer game market, according to DFC Intelligence analyst David Cole. 'It looks like it could be very big,' Cole told AFP. 'It's one of the things everybody seems to be looking at. The challenge is it is a very new model and it remains to be seen whether customers used to a free model will be tight when it comes to actually spending money on it.'"

Mozilla Developers Invited to Redmond 294

savio13 writes "Sam Ramji, Microsoft's director of its Open Source Software Lab has invited 4 Mozilla developers to spend 4 days with Microsoft's Vista Readiness ISV team. The invite can be found on mozilla.dev.planning and was posted on Saturday (Aug. 19). Schroepfer replied by indicating that Microsoft and the Moz guys are already in contact via email and will follow up on the offer there. This is interesting because Sam posted the offer in a public forum (and indicated that he'd sent a PM, but was posting in case they had an @microsoft.com email filter). Sam also made a point of stating that the Vista ISV Readiness offer is typically only for commercial ISVs."

Allergy-Free Kittens Produced 276

An anonymous reader writes "San Diego-based company, Allerca, said that using a technique known as genetic divergence, it has 'bred the world's first hypoallergenic kitten, opening the doors and arms of millions of pet lovers for whom cuddling a cat has, until now, been a curse ... After identifying the genes of kittens with proteins that provide less of a reaction in humans, they selectively bred litters over several generations to end up with an allergy-friendly super cat.' The company says its customers are expected to take delivery of their $4,000 hypoallergenic kittens in early 2007."

Facebook Raises Another $25M 197

conq writes "BusinessWeek reports that Facebook has just raised another $25M from Venture Capital. Along the same lines, Rupert Murdoch has bought a minority stake in SimplyHired and just two days ago the social networking site, Visible Path said it raised $17M from Venture Capitals."

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