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TweakTown News Posts - Page 81

Uber merges with Chinese ridesharing rival in a $35 billion deal

By: Anthony Garreffa | More News: Business, Financial & Legal | Posted: Aug 2, 2016 5:23 am

Uber has pulled a surprising move in China, merging with its biggest competitor in the country in a mammoth $35 billion deal with Didi Chuxing.

 

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Didi Chuxing is Uber's biggest competitor in China, with Bloomberg and Recode reporting that Didi will scoop up Uber's operations in China with the deal, which will create a combined value of $35 billion. Uber and its investors in the Chinese business will receive a 20% stake in the new entity, which pre-merger was balued at $28 billion. Uber's Chinese operations are valued at around $7 billion, with the US company losing $1 billion per year in China as it couldn't compete against Didi Chuxing.

 

The new deal will see Didi investing $1 billion into Uber, with Uber valued at $68 billion. Didi also just secured $7.3 billion in a new financing round, which included Apple throwing $1 billion into the hat. Uber CEO Travis Kalanick has said: "As an entrepreneur, I've learned that being successful is about listening to your head as well as following your heart. Uber and Didi Chuxing are investing billions of dollars in China and both companies have yet to turn a profit there. Getting to profitability is the only way to build a sustainable business that can best serve Chinese riders, drivers and cities over the long term".

Pokemon GO reaches 100 million downloads, makes $10 million per day

By: Anthony Garreffa | More News: Gaming | Posted: Aug 2, 2016 4:44 am

Pokemon GO continues to hit new milestones, with the app now downloaded over 100 million times, and Niantic pulling in a huge $10 million per day in revenue.

 

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According to a report from App Annie, Pokemon GO has been installed over 100 million times - quite the increase over the 25 million from late July (which was... just last month). The actual download numbers could be a little lower, but I doubt they're far off the mark. TechCrunch has recently reported that Pokemon GO has been downloaded around 50 million times on Android, something that was achieved in just 19 days.

 

App Annie reports that Niantic is making around $10 million per day from the iOS and Android versions of Pokemon GO, with the report mentioning that other games saw their daily revenue drop for a few days after the launch of Pokemon GO, but they quickly bounced back to normal.

 

The report concluded: "By now, it should be clear that Pokémon Go's launch was a watershed moment for AR and its success has not come at the expense of other mobile games or apps. Instead, it has opened up new engagement and revenue opportunities for the entire app ecosystem by creating a model to close the online-to-offline (O2O) loop".

LG's upcoming V20 smartphone will be the first with Android 7.0

By: Anthony Garreffa | More News: Mobile Devices, Tablets & Phones | Posted: Aug 2, 2016 3:29 am

Google is preparing for the launch of its next-gen Nexus M1 and S1 smartphones powered by the new Android 7.0 operating system, but LG will be the first to market with Android 7.0-powered smartphones with its upcoming V20 smartphone.

 

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LG's previous V10 smartphone was a little quirky compared to the rest of the handsets on the market, with a dual-screen, dual-selfie camera and other nice touches. The dual-screen for example would display notifications and quick actions at the top of the screen, while the remainder of the display acts like normal. It was quite the touch, and could be useful for those who get used to it and make the most of the dual-screen.

 

But LG being out with a smartphone with Android 7.0 is quite the strange occurrence since Google's own next-gen Nexus usually debut with the latest version of Android. Engadget reports that "LG has confirmed the news" with the site. This is a big opportunity for LG to make a large splash with the world's first Android 7.0-powered smartphone, and could see a nice uptick in sales on the V20 smartphone.

NVIDIA reportedly unveiling its mobile GTX 10 series GPUs at Gamescom

By: Anthony Garreffa | More News: Video Cards | Posted: Aug 2, 2016 2:58 am

NVIDIA is reportedly preparing for the launch of its mobile GeForce GTX 10 GPUs for later this month, with NVIDIA allowing its notebook partners to unveil Pascal-powered gaming notebooks between August 17-21, when Gamescom 2016 takes place.

 

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In terms of specifications, we don't know what to expect with the mobile GeForce GTX 1080, but we should expect it to be nearly identical to its desktop counterpart. Last year, NVIDIA unleashed the desktop GTX 980 for notebooks, providing desktop GTX 980 performance inside of a gaming notebook, and it was beyond impressive.

 

DigitTimes is behind the report, saying that ASUS, MSI, GIGABYTE and Clevo will have their new gaming notebooks on show with NVIDIA's new Pascal-based GeForce GPUs inside. DigiTimes adds that NVIDIA will remove the 'M' from the mobile GPUs in order to provide a streamlined path to GeForce graphics cards on both the desktop, and mobile side of things.

NVIDIA's new Titan X beats GTX 1080 by 29% at 4K in 3DMark

By: Anthony Garreffa | More News: Video Cards | Posted: Aug 2, 2016 2:30 am

The release of NVIDIA's next-gen Titan X is right around the corner, with some leaked 3DMark results to whet our appetite before it launches on August 2. There aren't many samples being sent to reviewers, where I personally do not have a card - but I will be trying!

 

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Now we're within a day of the launch, leaked 3DMark results are here to tease the performance of the Pascal-based Titan X graphics card. VideoCardz got its hands-on some 3DMark results, running the Fire Strike Performance and Fire Strike Ultra runs of 3DMark with some bloody impressive results.

 

The new Titan X scores 26,660 in 1080p run of Fire Strike versus the 21,603 from the GeForce GTX 1080 - an increase of 23%. In the 4K run of Fire Strike, the new Pascal-based Titan X beats the GeForce GTX 1080 by 29% - with the Titan X scoring 6532 against the GTX 1080 with 5043.

 

NVIDIA's next-gen Titan X goes on sale tomorrow for $1200, with some monster performance behind the price. But with the GTX 1070 holding its own, two of them in SLI would be quite the powerhouse, even against the monstrous performance of the new Titan X.

Continue reading 'NVIDIA's new Titan X beats GTX 1080 by 29% at 4K in 3DMark' (full post)

Tesla merges with Solar City in a $2.6 billion deal

By: Anthony Garreffa | More News: Technology in Vehicles | Posted: Aug 2, 2016 1:28 am

Tesla has committed to its plans of being the world leader in electric vehicle and battery technology, and has now increased that power by acquiring Solar City for $2.6 billion.

 

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The new merged business will sell solar panels, Powerwall batteries that store the collected energy from the sun, and the electric cars like the Model S. Elon Musk did promise in his "Master Plan Part Deus" two weeks ago that we would see an "end-to-end clean energy" solution - doing what no other companies are doing right now.

 

Solar City recently said it will introduce an "integrated solar and storage offering", and a new solar product that is "focused on the 5 million new roofs installed each year in the US". Musk has said that any merger wouldn't cause issues for its plans on the Model 3 EV and Gigafactory, with the latter just opening recently.

Author asserts 'Harry Potter' is finished with 'Cursed Child' script

By: Ben Gourlay | More News: Celebrities & Entertainment | Posted: Aug 2, 2016 12:21 am

With the newly published Special Rehearsal Edition Script for the 'Harry Potter' play 'The Cursed Child' selling millions of copies across the world, creator J.K Rowling has disappointed fans by pouring cold water on the prospect of more Potter adventures in the future.

 

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Speaking to Reuters, Rowling denied that 'The Cursed Child' would kick off a Potter renaissance, saying "He goes on a very big journey during these two plays and then, yeah, I think we're done. This is the next generation, you know. So, I'm thrilled to see it realized so beautifully but, no, Harry is done now."

 

Last week, Warner Bros. entertainment moved to protect their copyright for a potential feature film adaptation, which Rowling has denied that will happen. But all is not lost - fans have this year's release of 'Fantastic Beasts' to look forward to.

Newegg celebrates second anniversary in Australia by teaming with eBay

By: Anthony Garreffa | More News: Business, Financial & Legal | Posted: Aug 1, 2016 10:00 pm

Newegg is a huge force in the e-tailer market across the world, but down in Australia the company has announced that it's celebrating its second anniversary Down Under with a discounted Newegg Premier, with a new eBay.com.au store that will "fuel growth in the country".

 

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Newegg started selling to Australian consumers in Q2 2014, and has continued towards dominance in the country with a 300% growth in Australian revenue since November 2015. Danny Lee, Newegg CEO said: "The strategy to expand Newegg's international presence hinges on successfully reaching customers in key markets such as Australia. In two short years our Australian operation has grown significantly, and we are committed to continuing growth in the months and years ahead".

 

Even though the company opened up operations in Australia two years ago, product availability was limited, and international shipping costs made products more expensive to deliver to consumers. Newegg has improved the product availability, and in November 2015 the company began local order fulfillment from within Australia. Now, over 7000 product SKUs are sold within Australia, while another 41,000 products are available to Australian consumers through Newegg's North American channel.

Continue reading 'Newegg celebrates second anniversary in Australia by teaming with eBay' (full post)

Washington sues Comcast for $100 million over 'deceptive practices'

By: Sean Ridgeley | More News: Business, Financial & Legal | Posted: Aug 1, 2016 6:56 pm

Washington state's Attorney General Bob Ferguson (pictured below) has filed a $100 million consumer lawsuit against internet and cable giant Comcast.

 

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The suit cites Comcast's "pattern of deceptive practices" that have seen 500,000 customers unnecessarily pay for what's described as as a misrepresented, limited, and worthless protection plan, and alleges over 1.8 million individual violations of the Washington Consumer Protection Act.

 

It also says the "Comcast Guarantee" program which affects almost 1.2 million WA residents is in violation of the Act, and that it charged for technical issues that were said to have been covered, and took deposits that were supposed to have been waived for those with high credit scores.

Continue reading 'Washington sues Comcast for $100 million over 'deceptive practices'' (full post)

Check out this case mod inspired by Overwatch's D.Va

By: Sean Ridgeley | More News: Modding | Posted: Aug 1, 2016 5:25 pm

Redditor 'angerthosenear' impresses with his Overwatch case mod inspired by the game's hero and pro Starcraft player D.Va.

 

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The project was assisted by a local shop who used powder coating on the frame, side panels, and grills of the BitFenix Pandora MicroATX case; vinyls, spray paint, and clearcoat rounded out the design.

 

As for the guts, he went with an Intel Core i5-6600K processor and NVIDIA GTX 1070 Founders Edition graphics card, to name the key components.

Continue reading 'Check out this case mod inspired by Overwatch's D.Va' (full post)

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