Expecting to save between $90 - $100 million per year as a result of job cuts, Citrix has just announced through their restructuring plan that 900 of their employees will be cut in the near future.
Including a total of 700 full-time and 200 contractor positions, Citrix investors are reportedly positive about this decision. As a result, the companies stock has risen as high as $63.27 per share, seeing a 7 percent rise in just 24 hours.
Charles King, principal analyst from Punt-IT has commented that he thinks "Citrix's plans qualify as what might be called defensive layoffs," further explaining that their results beat analyst expectations, "but only barely."
These defensive cuts are reportedly due to recent economic trends that include lower oil prices and a strengthening dollar - seeing numerous vendors make "cautionary statements about business performance, particularly for the latter half of the year," as according to PC World and King.
The Office of Naval Research (ONR) has opened up research that could lead to robots and surrogates being created to help expand military training. The University of Central Florida is lending a hand in research, with a human surrogate interacting with visitors at the Institute for Simulation and Training laboratory.
The ONR Human Surrogate Interaction program will focus on humans interacting with virtual and physical surrogates - and could lead to personnel training using robots. There will also be research focused on how the military can control surrogates for reconnaissance operations on the battlefield.
"Marine Corps training concepts continue to merge virtual and live components to create the most realistic, effective and affordable training for Marines," said Peter Squire, program officer of ONR. "The way people react to and interact with the different surrogates in this study is crucial to understanding how we can improve our military training systems."
Minimalist PC design is becoming extremely popular in modding circles and here's an awesome example - K-limes' CoolerMaster CM690III Modded Edition.
Featuring an EK-dominated watercooling lineup, this system is powered by an Intel i7 4770k, a MSI GTX 760 Twin Frozr and tied together by MSI's Z87-GD65 GAMING motherboard.
What helps make this build look so minimal? Alongside almost no cables showing what-so-ever, the watercooling loop is kept as short as possible and all the 'backbone' components are hidden - like the power supply. This means that only the fancy components are put on display, allowing for the design to look sleek and stylish. Planet MODs has further described minimalist design as "choosing high-quality and beautiful material, then let it stand on its own".
It looks like Microsoft will be a minority investor in a new round of funding for Cyanogen, shelling up $70 million for the company that makes its money making custom versions of Google's mobile OS, Android.
The Wall Street Journal is reporting that other companies and investors could jump in, throwing their hats into the ring for investment into Cyanogen, something that would take parts of Android's dominance away from Google. But with Microsoft sitting in the corner with its own mobile OS in Windows Phone, this is an interesting turn for the Redmond-based software giant.
With a market share of around 3%, Microsoft needs to claw some of that mobile OS market share away from Android and get people using its Windows Phone platform. Something we could see Microsoft do with an investment into Cyanogen is bake its Bing search engine into it, something that can't be done on an Android-based smartphone.
Google has posted both its Q4 and full year 2014 results, where we see the Mountain View-based giant raking in an impressive $66 billion for the year. This is up 19% from 2013, with its Q4 2014 seeing revenues reach $18.1 billion, up 15% year-over-year.
The company said that its Google-owned sites saw $12.43 billion in revenues for Q4 2014 which is up 18%, while its partner sites pulled $3.72 billion in revenue, up 6%. When it came to revenues secured outside of the United States, Google saw 56% of its total revenue made outside the US. The UK for example, made up 9% of its revenues. Google added an additional 2000 employees to its roster in Q4, too.
Comparing this to Apple, which made $74.6 billion for Q4 2014, more than Google's entire full year revenue, these results are great, but don't touch Apple in the slightest.
One of the world's best overclockers, Toppc, has used some Kingston HyperX Predator DDR4 RAM to reach an insane 4351MHz, breaking some records along the way. Toppc achieved 4.35GHz on the Kingston DDR4 RAM in single-channel mode, all the way from its default clocks of 2133MHz.
We don't know what cooling was used on the RAM, but we suspect LN2 was used to push over double the clock speed, while the Intel Core i7-5960X processor used was clocked all the way down to 1631MHz. Just a single core was enabled, with the other seven cores and the CPU's internal Hyper-Threading technology also disabled.
There's not much reason to do this, as a quad-channel kit of DDR4 was 108.8GB/sec bandwidth at 3.4GHz while the single-channel stick at the, albeit impressive 4.35GHz, has bandwidth of just 34.8GB/sec. But for getting that overclocking trophy, why not, eh?
Samsung is rumored to unveil the successor to the Galaxy S5 in the near future, but could the Galaxy S6 come in two versions? The latest rumors are that Samsung will launch a regular Galaxy S6, alongside a Galaxy S6 Edge.
South Korean publication, Korea Herald, is reporting that Samsung has plans to launch an "innovative premium handset" this year that will feature some form of a "special function". Samsung teased the news during its recent earnings call, but didn't add anything more. We could expect some innovation version of the Galaxy S6, or two separate models, no one knows for sure just yet.
ZDNet Korea is also chiming in, with Samsung Mobile Vice President, Park Jin Young stating that the Galaxy S6 will launch on schedule with no supply shortages. This even takes into considerations that Samsung has ditched Qualcomm and its reportedly problematic Snapdragon 810 processor for its own Exynos chip, as well as an all-metal chassis.
The Wall Street Journal is reporting that Alibaba is in talks with Ouya to launch the Android-powered microconsole in China. The Chinese online merchant has reportedly signed over $10 million to Ouya to see its console launch in China.
What does Alibaba score from this deal? Well, the Chinese merchant will reportedly use Ouya's marketplace and software library as a primary feature in a future set-top box for Chinese living rooms. Since we've seen China's decade-long ban on consoles lifted in 2014, this makes perfect sense for Alibaba, and Ouya, to take advantage of it.
Colorful Technology has announced its latest GeForce GTX 960 video cards, with some truly great models being shown off by NVIDIA's biggest AIB partner in China.
We have four different models being unveiled, with the Colorful GTX960 CH which is a reference like card for entry users. Moving on, we have the Colorful GTX960 i-Cafe for System Integrators, the iGame GTX960Ymir-U for general users and for enthusiasts we have the iGame GTX960 Ymir-X. Starting with the GTX960 i-Cafe which features a longer PCB than the reference design, but features the same clocks as the GTX960 CH. The iCafe version provides consumers with better stability and a longer lifespan thanks to its more efficient cooler and higher quality electronic components.
Moving on to the iGame GTX960 Ymir-U which is targeting gamers and general users, which will have two clock models. The first is a power efficiency model which will have clock speeds of 1127/7010MHz while in performance mode it will crank up to 1203/7010MHz. The iGame GTX960 Ymir is the performance model of the Colorful GTX960 series, with triple fans, a steel back panel, breathing light and a longer PCB. We have two clock speeds on this card, with the default efficient mode coming in at 1127/7010MHz while the performance model cranks things up to an insane 1405MHz.
Colorful is concentrating on the Asian market, but it is also looking at channel cooperation in Europe and the United States. We should expect to see much more of Colorful in the future, as we've reached out to them to try and secure some samples to review.
Spotify is continuing its streaming domination, where the music giant is reporting looking to raise an additional $500 million in funding according to a new report from The Wall Street Journal.
The Journal is reporting that Spotify is discussing the financial deal with Goldman Sachs, but the streaming giant has not commented just yet. In its Series F round of funding in late 2013, Spotify was valued at $4 billion. The latest round of funding would see the company valued at around $6 billion, if not more, with some estimating that the company could be worth over $7 billion.
It was only earlier this month that Spotify announced it had 15 million paying subscribers, with over 60 million users in total. Even with those customers, Spotify posted a net loss of $80 million across 2014, with revenues of around $1 billion.