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Best Buy Puzzles With Napster AcquisitionSeptember 15th, 2008 at 11:30 amSource:TechCrunch Muzui, a social gaming site that lets you play casual mobile and Flash-based games online or on a cell phone with friends today announced that it has launched the service to the public. When you decide to play a game in Muzui, you can either sign up or play as a guest. If you play as a guest, you won’t be able to connect with friends in the social sphere, but you can play as much as you’d like. But the main premise of Muzui is to forgo playing alone and join the site to interact with others in a game environment. Once you sign up (Muzui lets you use your Social ID from Facebook or MSN if you’d prefer to use that), you can add friends and start playing games. If you play games with others, you can start collecting coins regardless of whether you win or lose. The coins act as a meter to show others how experienced you are in using the service and may or may not help gauge your skill level.Source:TechCrunch Once the brainchild of Microsoft Research, Wallop joined the fray of social networks back in 2006 when the company’s CEO told the world that it wanted to compete with the likes of Facebook and MySpace, but do so by providing users with an unlimited capacity to upload digital media and have a revenue model that didn’t revolve around advertising, but instead it would revolve around the sale of “self-expression items.” At that time, the company believed that everything was in place and it was ready to confront the world of social networks with a service that could easily compete on the same level as Facebook and MySpace. Evidently, it was wrong.Source:TechCrunch Best Buy announced today that it has acquired Napster for $121 million in cash. The company said that it will keep Napster’s executive team and will leave the Napster service and its estimated 700,000 users in place without changing much in the near-term. During the 2008 fiscal year ending March 31, Napster had revenue of $127.5 million, and a loss of $16.5 million. The loss was an improvement over its last fiscal year, though, when it lost $36.8 million. Best Buy ostensibly believes that it can eventually make Napster turn a profit or, at the very least, provide a service that is valued by its customers (Best Buy was a Napster partner in 2004). But how does acquiring Napster help the company in any way? |



























