Shuttered electronics company OCZ Technology has sold its power supply assets to Firepower Technology, according to a recent filing with the U.S. Securities and Exchange Commission (SEC). Firepower paid just $850,000 for the OCZ business unit, as the former Silicon Valley company filed for Chapter 11 bankruptcy in late 2013.
Specifically, ZCO Liquidating Corporation brokered a deal between OCZ and Firepower Technology, "mainly consisting of its power supply and power management assets," according to the SEC filing. Firepower is a private company based in Delaware, and it is rumored OCZ product technology will be absorbed and possibly re-distributed by Firepower.
Previously, Toshiba stepped up to pick up OCZ's solid state drive (SSD) technology, as companies continue to circle, trying to get some bargain technology. The company's fall from grace left PC enthusiasts with one less company - despite creating fairly popular products, OCZ was unable to properly transition from niche consumer company to successful business able to cater to the enterprise.
For the most part, LTE connectivity has widely been reserved for the high-end smartphone market which is generally comprised of phones in the >$400 price range. Broadcom says that with the release of its new M320 and M340 system-on-chip processors, LTE could finally come to the low to mid-range smartphone market segment.
"We project that the LTE baseband market will register about 64 percent year-on-year growth in 2014 to reach over 500 million units," said Sravan Kundojjala, Senior Analyst, Handset Component Technologies service at Strategy Analytics. "Broadcom is one of the only players with a mature carrier-ready multimode LTE SoC, the engineering expertise and the worldwide scale required to deploy complete LTE platforms. The new Broadcom turnkey design will help accelerate the adoption of LTE worldwide and make high-performance, yet affordable devices available to the broader market."
The new M320 and M340 chips feature dual and quad-core processors respectively as well as 150Mb/s LTE radios built on board and Broadcom says that it has already integrated the processors with Android 4.4 KitKat, so OEMs will not have to worry about software support. While no mention was made of which OEMs might be utilizing the chips in upcoming phones, it did say that it has sent out sample units to "leading" manufacturers, so one would expect that to mean Samsung, HTC, Motorola, and Nokia have all gotten samples.
Facebook CEO Mark Zuckerberg and his wife Priscilla Chan became the youngest couple to lead the list of biggest U.S. donors, thanks to a gift of 18 million Facebook shares awarded to the Silicon Valley Community Foundation. The lump sum gift was close to $1 billion, with a large amount aimed towards education and healthcare.
Zuckerberg and Chan were No. 2 on the list in 2012, with a heavy emphasis on developing Northern California and U.S. infrastructure.
Contributions from the top 50 philanthropists in the U.S. topped $7.7 billion, along with $2.9 in promised pledges. A recovering economy and a friendlier stock market has allowed Silicon Valley tech leaders to increase donations - an unwritten expectation among the wealthiest U.S. business leaders.
Consumers following 3D printing likely haven't purchased a unit for use at home, but the market could evolve into a $70 billion per year industry, according to research firm Strategy Analytics.
"In spite of widespread publicity around 3D printing over the past year or so, 3D printers designed for home use are only at the beginning of their long journey towards widespread consumer adoption," said David Mercer, Strategy Analytics Principal Analyst, in a press statement. "The industry must overcome a number of barriers if the long-term potential of 3D printing as a consumer market is to be realized."
3D printing has become a popular topic of discussion in the business world, with consumer companies, manufacturing, biotech and medical industries especially interested in the emerging technology. However, until the price of printers - and materials - drops more in 2014, home users are likely going to simply sit and wait to see how the market develops.
GoPro is unmistakably the largest action camera brand in the world, and the company is about to get a whole lot bigger. This morning GoPro filed plans for its initial public offering with the US securities and exchange commission, a step that begins is journey down the path to transitioning from private ownership to becoming publicly held.
The filing is a confidential process which makes it hard to determine how much the company plans on raising with the IPO, but during 2012, GoPro was valued at $2.5 billion based on an investment from Foxconn of $200 million for 5.88-percent of GoPro. Additionally in 2012, GoPro made more than $500 million in revenue in 2012, and estimates put the company at over $1 billion for 2013, which means that a valuation of $3.5 - $5.5 billion is not out of the question. With the company seemingly doubling year over year, I would not be surprised to see a number closer to $6 or $7 billion total for the IPO.
Its been about a month since Sony unveiled its PlayStation now service at CES 2014, and today we are getting a look at the game download service and what titles will be available on launch day thanks to a leaked image that has appeared on Reddit. Along with the screenshot comes a rumor that the service will cost customers $49.99.
AAA titles like God of War, Pay Day, The Last of Us, and Beyond Two Souls are said to be among the list of day-one titles with several others. Unfortunately, this image did first surface on Reddit from a user who had made an account just to post the image, so take this leak with a grain of salt. While it would be very exciting to see all these titles launched on the service on its opening day, until official word comes in from Sony, we won't be holding our breath. Take the $49 pricetag about as serious as the game titles as well, but $50 does seem like it is within the price range Sony will try to hit.
PG&E will build fences around critical power substations after its Metcalf power substation located in South San Jose was hit with numerous gun shots. During the nighttime attack last April, there was 19 minutes of shooting with more than 100 rounds fired, hitting 17 transformers which took more than a month to properly repair. Prior to the shooting, those responsible also cut through AT&T fiber-optic cables, with phone service temporarily disrupted.
The FBI said the PG&E power station attack doesn't appear terror-related, from domestic or international terrorists, but is a significant security issue that must be properly addressed. Even if this case wasn't direct terrorism, some PG&E officials are concerned the San Jose shooting attack was a precursor for a bigger, more sophisticated future attack.
This attack, which went largely unnoticed by most Americans, was "the most significant incident of domestic terrorism involving the grid that has ever occurred", said Jon Wellinghoff, former Federal Energy Regulatory Commission chairman.
Bitcoin prices took another hit today when Mt. Gox announced that it would not be reinstating withdrawal transactions until it was confident that its transaction tracking system was completely secure and its customers were safe. The issues center around what Mt. Gox is calling "transaction malleability," a bug that allows nefarious users to make it appear as if a Bitcoin transaction never took place.
This fools the system into thinking that the original transaction never completed, and leads to the transaction taking place a second time. At the moment Mt. Gox says that the issue is being caused by software bugs, and that the bugs are not unique to Mt. Gox and any system that involves sending Bitcoins from one person to another coube be affected by the bug. Bitcoin prices have taken a big hit due to Mt. Gox suspending transactions and has dipped as low as $500 in the last 24 hours, and while the price is back up some, we expect it to continue to fluctuate until Mt. Gox gets all of the transaction bugs fixed.
This morning AMD releases the next GPU in its R-series lineup. The new AMD R7 250X is designed to fill the gap between the R7 250 and R7 260 and features the Cape Verde GCN 1.0 GPU. Rumor has it that the R7 250X is on par with AMD's older Radeon HD 7770, and support for Mantle is supported but big red left out TrueAudio on this GPU.
The AMD R7 250X features 640 stream processors, 40 texture units, and 16 ROP's and features a core clock of 1000MGz. 2GB of GDDR5 is onboard which runs on a 128-bit bus and a clock speed of 4.5GHz. A TDP of 95W does mean that the AMD R7 250X does require external power via a PCI PSU connector. AMD says that the card is available in retailers today with an MSRP of $99 which is about $40 less than the R7 260x which should perform much better. For someone looking for a light-weight gaming machine on a budget the R7 250X should fill that hole nicely.
While Flappy Bird may be gone from the App Store, its still available on thousands of iPhones around the world. With Flappy Birds quick rise in popularity combined with its abrupt end, there is no doubt that there are those who are willing to pay handsomely for a copy of the game they never got to download.
After the game was pulled from both marketplaces yesterday, iPhone's began popping up on eBay with the game installed. Surprisingly many of these phones quickly sold for anywhere between $400 to upwards of $2000, but the biggest surprise came when one phone quickly climbed to $10,000 and continued to rise from there. At the time of this writing, the price is sitting at $99,000 with 74 bids in total and over six days left on its auction clock.
I have bid on some crazy stupid stuff on eBay before, but spending $100,000 on an iPhone to be able to play a simple game that amounts to noting more than a rip-off of a rip-off takes the cake. In my town, $100k will buy you a fairly new 1500 square foot home, with enough left over for an economy-class car. On a side note, if anyone is looking for a slightly used HTC One with Flappy Bird installed, I know where one might be for sale for a cool $98,000.