Forbes – It’s no secret the Internet has changed the way we do many things and those shifts have rippled through several business models forcing companies to adapt or be left behind… As technology marches on, the scope of industries affected by the Internet continues to expand.  Last week, online learning company 2U, Inc filed for an IPO of up to $100 million. The Landover, Maryland-based company provides cloud-based online learning platforms that help nonprofit colleges and universities in student enrollment, education, support and other services. Another example is how the pharmaceutical industry is embracing the Internet and Cloud computing…

StockMarketWire.com – Gambling group William Hill made £335m of operating profit in 2013, versus £330.6m in 2012. The prior year included 53 weeks and the unaudited 52 week operating profit in 2012 was £326.4m. The Group’s effective tax rate benefited in the year from a deferred tax credit following an enacted reduction in corporation tax rates hence the substantially lower pre-exceptional tax charge, which at 11.5% was 5.0 percentage points lower than the prior year (2012: 16.5%). Against this, amortisation of specifically identified intangibles arising on acquisition was higher as a result of the Sportingbet acquisition and pre-exceptional interest charges…

Gamespot – Prominent Nintendo shareholder Seth Fischer, one of Asia’s most distinguished hedge fund managers, has urged the company to break with its decades-old strategy of only releasing software on proprietary systems and instead develop and sell mobile games for iOS and Android devices. “Nintendo needs to embrace this thematic change in consumer demand, behavior, and expectations to stay relevant,” Fischer said in a letter addressed to Nintendo president Satoru Iwata and obtained by Reuters. Fischer is the chief investment officer at Hong Kong-based Oasis Capital Management, which owns shares of Nintendo. The company maintains that releasing its content on…

Trusted Reviews – Mobile games dominated the handheld gaming market during 2013, accounting for the majority of sales. A new combined report from IDC and App Annie has discovered that mobile games accounted for 75 per cent of the handheld gaming market last year. Despite significant growth for the Nintendo 3DS and a strong software line-up for the handheld, it was still totally outmatched by the spending on mobile platforms. Overall, spending in the Android Google Play Store increased in Q4 2014 by four times when compared to the same period the year before. iOS App Store spending also increased,…

Experts in online and mobile gambling, SuperCasino, have responded to new reports on the growth of mobile app gambling in the UK market since 2012. Two recent studies on the UK gambling market have revealed that mobile betting is leading a number of changes in the UK gambling industry, with a huge growth in revenue seen between 2012 and 2013, reports Casino.org. A report from the UK Gambling Commission reveals that 55% of UK residents gambled in the four weeks before they were surveyed in 2013, with 60% of men and 50% of women gambling at least once a month…

Sports betting products and services provider Metric Gaming has signed a licensing agreement for its SuperLive sports betting platform with Latin American online gaming firm Ocho Gaming. Under the agreement, Metric will provide its SuperLive HTML5 mobile-optimised products to Ocho Gaming to support the roll out of its online gaming platform in Latin and South America. The products will initially cover the Liga MX and Primera Division football tournaments in Mexico and Peru, respectively. Additional regions, including several emerging markets in Africa, will also be served by the two companies as the business relationship expands. “SuperLive delivers a product that…