Augmented reality lets Wallit users leave messages on virtual walls

Geo-social app Wallit uses augmented reality to erect virtual walls in public places on which its users can leave messages for each other. A new update indicates ways the free app could be monetized.

Apple to share the wealth with dividends and stock buyback

Apple announced today that it will begin divvying up its cash among its shareholders, initiating a quarterly dividend of $2.65 per share and authorizing a $10 billion stock buyback program that will cost $45 billion over three years out of Apple’s $97.6 billion.

'EverQuest,' celebrating 13 years, switches to free-to-play

"EverQuest," the title that introduced millions of people to the genre of massively multiplayer online role-playing games, has gone free-to-play as it celebrates 13 years of fantasy life on the fictional planet of Norrath.

Sprint tears up its LightSquared contract

Reston, Va. – Wireless carrier Sprint said on Friday that it has terminated a 15-year deal it signed last summer to build a 4G LTE network utilizing wireless spectrum from Reston-based LightSquared.

Study: fans will stream 18 million hours of NCAA March Madness

This year's March Madness, formally known as the NCAA Tournament Division I Men's Basketball Tournament, will garner nearly 18 million hours of streaming video consumption through online and mobile apps, according to calculations made by the Internet Innovation Alliance (IIA).

Canada becomes 14th country to get Sony's Music Unlimited

Sony’s Music Unlimited has launched in Canada, the 14th country in which the streaming service is available. This follows January's expansion into Denmark, Finland, Norway and Sweden.

YouTube and Dell to live stream summer music festivals

For those who love music but hate queuing for portable toilets, YouTube and Dell have renewed their partnership and will live stream four of the most popular U.S. music festivals in a presentation that includes multiple live channels, behind-the-scenes content and exclusive artist interviews.

Will NBC's digital screeners diminish piracy?

In an announcement demonstrating the migration away from physical product even affects the world of screeners, NBC has released a new app designed for the exclusive use of Television Academy members using Brightcove App Cloud.

'You vs. Cat' introduces inter-species iPad gaming [with video]

A new tablet game called "You vs. Cat" lets users test their cat-like reflexes by competing against an actual cat. Not a digital cat, a real live pet cat of the player’s choosing.

Boku secures $35 million and Telefónica partnership for mobile payments

Global mobile payments company Boku has secured $35 million from New Enterprise Associates (NEA), Telefónica Digital, Andreessen Horowitz, Benchmark Capital, DAG Ventures, Index Ventures and Khosla Ventures.

Cisco to pay $5 billion to acquire NDS Group, expand video tools

Cisco said on Thursday it will pay approximately $5 billion to acquire U.K.-based NDS Group, a developer of video software and content security tools designed to let service providers and media companies deliver and monetize video.

Syria's al-Assad is a fan of iTunes, intercepted emails reveal

Syria’s President Bahar al-Assad is a fan of iTunes, according to private emails acquired by British newspaper the Guardian, and his purchases reveal he has modern Western tastes – along with a few that would qualify as embarrassing guilty pleasures in anyone else’s collection.

Fox Movie Mall virtual storefronts offer QR code mobile shopping

Twentieth Century Fox Home Entertainment and Taubman Centers have collaborated to establish Fox Movie Mall virtual storefronts, an upgrade from DVD vending machines that incorporate considerable marketing pizzazz for the studio’s Fox Movie Mall app.

Live Nation Entertainment establishes entrepreneurial LN Labs Fund

Live Nation Entertainment has established the LN Labs Fund, a global vehicle for strategic investment, partnership and mentoring that will focus on equity participation in early stage start-ups dealing with consumer product development and technology infrastructure.

QR codes help to 'Rock the Vote'

Rock the Vote is using QR codes to encourage young people to register. The organization has partnered with clothing companies Junk Food and Threads for Thought in a campaign developed by PromoJam that puts a scannable QR code on the front of a t-shirt.

Augmented reality SI cover reveals exclusive NCAA videos

Sports Illustrated magazine continues its affection for augmented reality with its NCAA Tournament Preview issue, which goes on sale today and features exclusive content powered by Nellymoser.

Happy Pi Day

We at Digital Media Wire would like to wish you a happy Pi Day, and to share with you our appreciation of π, the irrational number that results from dividing the circumference of a circle by its diameter.

Aereo launches disruptive TV service, undeterred by lawsuits [with document]

None of the legal moves around disruptive television company Aereo have been an injunction. The service launched today, on schedule, providing live HD TV to the internet-connected devices owned by an invited set of New York City customers.

Study: consumers reject personalized search results [with charts]

While search engines, advertisers and marketers are positive that consumers want to be more individually targeted, consumers themselves don't agree that having their information tracked and stored is worth the tradeoff.

Hipstamatic adds Groupie SnapPak to its filter options

The latest effects add-on for iPhone photo app Hipstamatic is the Groupie SnapPak, which includes three filters designed in partnership with Nic Adler, owner of the Roxy venue on the Sunset Strip.