Facebook Co-founder Raises $10 Million for ‘Asana’


Two years ago, Facebook co-founder Dustin Moskovitz and fellow colleague Justin Rosenstein left Facebook to develop their own business collaboration software. The result is “Asana” – a software package that revolutionizes all aspects of business collaboration. Asana was recently displayed by the duo at an open house event for close associates. Asana is currently in private-beta and the final release date hasn’t been announced yet. Asana has raised over $10 million from a number of angel investors and will probably see an official release later this year. Asana aims to improve the way in which people work together while cutting costs and saving time. Asana is the latest in a series of successful software applications developed by ex-Facebook employees like Quora and Path. → Read More

Sony Set to Release Next Generation PSP


At a press conference held in Tokyo, Sony unveiled its brand new NGP (Next Generation Portable) device. The NGP will succeed Sony’s PSP (Play Station Portable) gaming device. Sony president Kaz Hirai remarked that the NGP comes equipped with five main features, viz. A brand new user interface, ability to access social media websites, location-tracking applications, applications that provide augmented reality (AR) information and finally, the ability to play PS3 games via the PlayStation Suite. The NGP comes equipped with a 5 inch OLEG digital display with a screen resolution of 960 by 544 pixels which is decidedly better than the Apple iPhone 4, which has a 3.5 inch LCD screen with a resolution of 960 by 640 pixels. → Read More