Second Life

In August, the Second Life community learned that the company responsible for their virtual world was planning to expand its universe. Linden Lab CEO Rod Humble has been vague, mentioning only that his company is working on a new mobile product separate from its pioneering project. Now we know more.

How much power should shareholders have when it comes to running a company? Most corporate boards pay little attention to shareholders, but a new rule passed by the SEC may change that, allowing the people who actually own a company more input into how it is run.

Intel and Nokia are partnering on a lab to explore 3-D technologies, which already are popular in games and movies. The companies believe consumers will want similar vivid imaging and interactive experiences while using their smartphones.

Linden Lab's CEO is stepping down and founder Philip Rosedale will return as interim CEO, the parent company to Second Life announced Thursday in a blog posting.

Given that Second World's engrossing 3-D framework costs tens of millions to build and run, the workforce cut at its parent company may be heralding the end of the graphic powerhouses that have dominated industry to date.

Linden Lab, the owner of virtual world pioneer Second Life, is cutting 30% of its workforce, the company announced Wednesday. The privately held company, once a closely watched IPO candidate, has been struggling to attract more consumers to its virtual shores and enticing them to stay.

In a move to combat declining voter turnout, U.K. election officials are teaming up with Facebook: On Saturday, visitors to the social networking site in the U.K. will be asked if they're registered voters; those who say no will soon find themselves at the Electoral Commission's Web site being encouraged to register.

You know the old saying: "As porn goes, so goes the nation." Okay, I made it up, but it's true. Our nation's latest economic bellwether is the sex industry.You see, once I learned that the global recession had put Czech hookers out of work, I began to wonder whether our home-grown American hookers...

At the rate things are going, unemployment may come close to achieving an all time high score; but along the way it seems to be providing a boost to at least one section of the economy, online games. The LA Times reports that free online gaming has grown as more individuals have been laid off,...

Recently, fellow WalletPop writer Zac Bissonnette recently wrote about IBM's David Laux, who told the BBC that gamers make better employees. Laux cited the case of his daughter who, at age 11, was already dealing with complex business decisions and the implications of each choice by managing her...