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TweakTown News Posts - Page 49

Google pitches in $1m AU to help disadvantaged Aussies learn about IT

By: Chris Smith | More News: Business, Financial & Legal | Posted: Aug 3, 2015 1:35 pm

With $1m AU set to be spread between three programs to assist disadvantaged and marginalized Aussies in gaining access to ICT services, the aim here is to promote these students to begin their own careers in IT.

 

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Sent to not-for-profit organizations, this donation will ensure hands-on training can be supplied to approximately 10,000 students in total. One of the organizations involved and highlighted is Engineers Without Borders Australia and its 'Regioneering Roadshow' program, set to train regionally-located school age students, focusing on promotion of women in IT.

 

The Engineers Without Borders Australia director, Jane Hadjion, told iTnews about the wide variety of children that will benefit from this service, stating: "We're putting on 65 workshops in 38 locations over 12 months. We're reaching 6500 students, 470 teachers and 1400 parents."

Continue reading 'Google pitches in $1m AU to help disadvantaged Aussies learn about IT' (full post)

OnePlus co-founder has big ambitions over the next five years

By: Michael Hatamoto | More News: Mobile Devices, Tablets & Phones | Posted: Aug 3, 2015 12:35 pm

Smartphone maker OnePlus is riding some strong marketing momentum after announcing the OnePlus 2 device in late July. The new flagship phone follows up the OnePlus One, as the company continues promoting powerful devices that don't have premium price tags.

 

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"In 5 years I think it will be Apple, OnePlus and Samsung because there's no more room in the market," said Carl Pei, OnePlus co-founder, in a statement to USA Today. "Everyone else would've died because they couldn't reach the scale they wanted fast enough or they couldn't have a margin to sustain their business. Look at the soft drink space: there are only two players, Pepsi and Coke."

 

Pei said the company broke even last year, and is looking to break even again in 2015, though admitted OnePlus has aggressively expanded its staff. If everything goes well, OnePlus hopes to sell 3-5 million units in 2015, but officials are more interested in what consumers think of its products.

Continue reading 'OnePlus co-founder has big ambitions over the next five years' (full post)

Seagate reports small drop in earnings amid anti-SSD claims

By: Chris Smith | More News: Business, Financial & Legal | Posted: Aug 3, 2015 12:29 pm

Recently Steve Luczo, CEO of Seagate, told investors in a conference call that "There is no one that is using SSDs for storage," during talks about his companies fiscal third quarter earnings results.

 

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This statement followed reports of Seagate earning a fiscal third quarter revenue of $3.3 billion at a gross margin of 28.7%, while posting a $3.4 billion profit at 28.2% margin over the same period in 2014. As mentioned in the title, the drop is certainly small and provides nothing for this HDD producing company to worry about just yet. But it makes you think, will Luczo's and his companies stance change if or when SSDs become more utilized by all consumers?

 

Luczo is happy with these results, stating in a recent press release that "In light of dynamic market conditions this quarter we are quite satisfied with our operational performance and ability to return value to shareholders," continuing "Near-term macro uncertainty is affecting certain areas of our addressable market however we remain optimistic that market demand for exabytes of storage will continue to increase over the long-term."

Pew study finds 15% of US adults don't access the Internet

By: Michael Hatamoto | More News: Internet & Websites | Posted: Aug 3, 2015 11:40 am

Majority of citizens in the United States access the Internet, whether using a PC, smartphone, tablet, or some other device - but 15 percent of adults still don't access the Internet, according to the Pew Research Center.

 

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The US government and social service programs have increasingly invested in additional Internet adoption, and there has been a noticeable change. In 2000, a whopping 48 percent of the American adult population did not use the Internet.

 

"Despite some groups having persistently lower rates of Internet adoption, the vast majority of Americans are online," Pew said. "Over time, the offline population has been shrinking, and for some groups that change has been especially dramatic."

Continue reading 'Pew study finds 15% of US adults don't access the Internet' (full post)

EA receives 77% of its revenue from online services and DLC

By: Anthony Garreffa | More News: Business, Financial & Legal | Posted: Aug 3, 2015 10:13 am

EA has posted its latest revenue numbers, where the company is seeing a huge 77% of its revenue in Q1 2015 arriving from online video game services and add-ons, some of which is thanks to DLC.

 

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Now that EA is making big business from digital distribution, the company can invest the money it used to put into manufacturing and shipping physical retail copies of games into other things. With its Q1 2015 revenue hitting $693 million, 77% of that is a massive chunk of money courtesy of digital goods. EA also noted a 32% rise in profits over the previous year, securing itself $442 million.

 

EA has some big games in its wings waiting for release, with Star Wars Battlefront to be released in November, with analysts expecting over 10 million sales.

CEO of failed MtGox bitcoin exchange arrested in Japan

By: Michael Hatamoto | More News: Business, Financial & Legal | Posted: Aug 3, 2015 9:45 am

Japanese police arrested Mark Karpeles, the former CEO of the defunct MtGox bitcoin currency exchange, after the company infamously lost hundreds of millions of dollars of bitcoins more than one year ago.

 

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The company filed for bankruptcy protection in February 2014, with 100,000 of its own bitcoins - and more than 750,000 customer bitcoins - mysteriously disappearing in a high-profile theft. Company officials eventually blamed a software security flaw. Those bitcoin totals were the equivalent of $27 million of company funds and $480 million of customer currency.

 

Around one month after its bankruptcy claim, MtGox reportedly found 200,000 missing bitcoins - about $116 million - located in a digital wallet from 2011. Japanese officials believe Karpeles knew about the missing bitcoins, and depositors weren't notified when the money was transferred again.

Continue reading 'CEO of failed MtGox bitcoin exchange arrested in Japan' (full post)

Intel Core i7-6700K box pictures leak online, Skylake is so close

By: Anthony Garreffa | More News: CPU, APU & Chipsets | Posted: Aug 3, 2015 8:44 am

We knew it was coming, but the retail packaging for Intel's upcoming Skylake processors have leaked online. We now have a legitimate look at the Core i7-6700K, and Core i5-6600K processors.

 

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The Core i7-6700K will feature 4 physical cores and 4 HT cores to make up an 8-threaded CPU, while boasting a 4GHz clock speed, support for dual-channel DDR4 and DDR3L memory, as well as Intel HD Graphics 530. The Core i5-6600K on the other hand, features just four physical cores at 3.5GHz, without Hyper-Threading the same dual-channel DDR4/DDR3L RAM support, and Intel HD Graphics 530.

 

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Robotic chefs will hit the market in 2018 for around $75,000

By: Anthony Garreffa | More News: Science, Space & Robotics | Posted: Aug 3, 2015 8:38 am

Imagine walking into a restaurant and seeing a team of robots making your meal for you... sure, some people don't like the idea of machines doing this type of work, but it is the future. Technology runs so much of our lives, from the smartphone in your hand to the cloud it connects to, right up into space to satellites and everything in between.

 

 

But now we're looking at a group of experts based in the UK who are working on the first "robotic kitchen" which can be installed into any home. The scientists behind the project have made a machine that is capable of emulating human chefs in the kitchen while packing access to an unlimited library of programmed recipes.

 

They plan to have the robotic kitchen ready by 2018, for just $75,000 with the costs coming down "substantially" if the unit sells well. But the sheer tease of this is exciting, as custom home builders could start including a robotic kitchen in their designs in the next decade. Imagine walking through a new home that you're planning to buy, and it featuring a robotic kitchen making world-class meals, without you having to lift a finger from food preparation, cooking, and cleaning.

Continue reading 'Robotic chefs will hit the market in 2018 for around $75,000' (full post)

Meizu MX5 Pro smartphone will pack a huge 41-megapixel camera

By: Anthony Garreffa | More News: Mobile Devices, Tablets & Phones | Posted: Aug 3, 2015 7:02 am

In a world where 8-core smartphones with 4GB of RAM is normal, Chinese smartphone maker Meizu might just have the new champion handset with its upcoming MX5 Pro.

 

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The Meizu MX5 Pro is said to be powered by Samsung's 14nm FiNFET processor, but its the huge 41-megapixel rear-facing camera that should surprise most. Filling out the rest of the specs, we have a 5.5-inch QHD panel (2560x1440), a large 4100mAh battery, Android 5.1, a 13-megapixel front-facing camera, and 32GB of internal storage.

 

When it comes to pricing, the 32GB model should be priced at around $483 (2999 Yuan). Meizu only has one competitor in the 41-megapixel camera race: Nokia, and its Lumia 1020 smartphone.

German auto makers to buy Nokia HERE business for $3.2B

By: Michael Hatamoto | More News: Software | Posted: Aug 3, 2015 6:43 am

German automakers BMW, Audi and Daimler plan to purchase the Nokia HERE map business unit, in an effort to provide smarter navigation - and pave the way for autonomous vehicles.

 

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Each company will hold an equal stake in HERE, which is available in 50 different languages in almost 200 nations. The deal should close during Q1 next year, once it passes antitrust regulators.

 

Although the companies didn't announce a price, but reports indicate the German companies will pay $3.2 billion. "For the automotive industry this is the basis for new assistance systems and ultimately fully automated driving," the companies said in a joint statement.

Continue reading 'German auto makers to buy Nokia HERE business for $3.2B' (full post)

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