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He doesn’t count Facebook or the iPad among his inventions, but that doesn’t stop Medtech CEO Bertin Nahum from being considered the 4th most revolutionary entrepreneur in the world.

source: Bloomberg

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The next-generation PlayStation 4 will go on sale on Nov 15. in North America, Sony announced at its Gamescom press conference Tuesday. It will go on sale on Nov. 29 in Europe.

The PlayStation 4 will cost $399

Source

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A rare Apple 1 computer — among the first ever produced by Steve Jobs and Steve Wozniak’s one-time tech startup — has sold at auction for nearly $400,000.

The piece of computing history, hand-built in the garage of Jobs’ parents way back in 1976, went for $387,750 in an online-only Christie’s auction. The device was reportedly sold by a retired school psychologist from California, and bought by an Italian collectors’ club.

Releases Sept 17, 2013

www.rockstargames.com/V

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Smartphone app developer Shazam will receive $40 million in financing from mexican billionaire, Carlos Slim, one of the world’s richest men. Shazam is a media discovery app which plans to expand to TV.
Source: Reuters

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Amazon has acquired the rights to popular kids’ shows such as ‘Dora the Explorer’ and ‘SpongeBob Squarepants’ in a deal with cable giant Viacom. The deal, valued at $200 million, makes Amazon’s Prime Instant Video service a serious competitor for rival Netflix. Source

Mary Meeker, a renowned analyst with Kleiner Perkins Caufield Byers, estimates that there are now more than 500 million photos uploaded and shared every day on average, and she projects that number will grow to be twice as much as the year prior. Read More

What’s thought to be one of the last remaining original Apple computers, made in a family garage in California, has sold for a record price at auction in Germany.

The machine was built by the company’s founders, Steve Jobs and Steve Wozniak and only six models in working condition are known to exist.

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Source

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T-Mobile has done away with cellphone contracts, replacing them with installment plans in an effort to stay competitive in the U.S. market.

Instead of offering its customers a phone with a two-year contract, T-Mobile will offer it for a fixed upfront price plus a monthly fee for unlimited calls and data. That second fee will include the cost of the phone, and when the phone is paid off (typically after two years) the fee will be reduced, in contrast with traditional two-year contracts where monthly payments typically stay the same after two years.

T-Mobile calls its new pricing plans Simple Choice. For example, a Samsung Galaxy S II costs $29.99 today, and $16 per month on top of the monthly data/voice payment, for 24 months.

T-Mobile is the fourth biggest U.S. mobile carrier (behind AT&T, Verizon and Sprint).

T-Mobile is also getting the iPhone 5— the last major carrier to do so. Read More

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No. 1: Dustin Moskovitz
Age: 28
Net Worth: $3.8 billion
Moskovitz, Mark Zuckerberg‘s former roommate, no longer works at Facebook, the social networking giant that he co-founded. A signee of Bill Gates‘ and Warren Buffett’s Giving Pledge, Moskovitz bikes to work, flies commercial, and pitches his own tent at Burning Man.

No. 2: Mark Zuckerberg
Age: 28
Net Worth: $13.3 billion
Few CEOs of any age are under more media scrutiny than Zuckerberg (who’s only 8 days older than Moskovitz). Since taking Facebook public in May 2012, and getting married days later, the hoodie-wearing founder has seen his net worth rise and fall with every fluctuation of the stock price.

No. 3: Albert von Thurn und Taxis
Age: 29
Net Worth: $1.5 billion
Albert von Thurn und Taxis first appeared in Forbes’ billionaire rankings at age 8 but officially inherited his fortune in 2001 on his 18th birthday. The eligible bachelor is also a race car driver and tours with a German auto-racing league.

No. 4: Scott Duncan
Age: 30
Net Worth: $5.1 billion
Duncan is the youngest of the four children who inherited the massive fortune of late energy pipeline entrepreneur Dan Duncan, founder of Enterprise Products Partners. Today the company owns more than 50,000 miles of natural gas, oil, and petrochemical pipelines.

No. 5: Eduardo Saverin
Age: 30
Net Worth: $2.2 billion
Facebook co-founder Saverin renounced his United States citizenship in 2011, news of which broke days before the company’s IPO and drew accusations of tax evasion. Saverin, immortalized in The Social Network as Mark Zuckerberg’s onetime best friend, settled a lengthy legal battle with Facebook, apparently receiving a 5% stake. A Brazilian citizen, he now resides in Singapore and invests in startups.

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Instagram now says it has the right to sell users’ photographs without payment or notification unless users delete their account by a January deadline. It’s the first major policy shift since Facebook bought Instragram.

Will you delete your instagram due to new policy?