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The Chinese government has found Samsung and LG both guilty of price-fixing their LCD panels. The duo were said to be part of a cartel that included AUO, Innolux, Chunga, and HannStar, who were also found guilty of price-fixing.
During roughly 53 meetings, the cartel is said to have discussed setting prices on their LCD panels in order to obtain higher profits and even out competition.
They are said to have divulged confidential information with each other that harmed the legitimate rights and interests of the domestic colour TV enterprises and consumers. This isn't the first time the "Cartel" has been found guilty of price-fixing. A similar ruling was passed down by the Korean Fair Trade Commission in 2011.
3,000,000 Verizon customer entry files are claimed to be stolen by hacker TibitXimer. As a show of proof, the hacker recently posted some 300,000 entries to a code sharing site which will remain unnamed. The data was apparently compromised back in July of this year and is said to include account passwords, names, addresses and more.
TibitXimer first revealed his hack to ZDNet, saying he has access to more than "three million customers' names, mobile serial numbers, account passwords, and other information." He went on to say that he has "no idea exactly how many records he nabbed in total," and that "the three million figure is a low estimate calculated from the size of one record and the total size of all the files."
Tibit says he first alerted Verizon of the venerability and was ignored and he posted the information to the code sharing site to hopefully grab Verizon's attention. He has not said that he will leak the rest of the files, but he will leave that possibility open.
After a while on the run, the founder of anti-virus company McAfee has been caught by the police. John McAfee was wanted by police over the murder of his neighbor, and has finally been found after weeks in hiding.
McAfee set up a website, whoismcafee.com, and has had updates of his progress since the murder of his neighbor, Gregory Faull, on November 11. The McAfee founder has also tapped Twitter to promote his posts, too. His site used a title "Breaking: John Captured" on December 1, stating "we have received an unconfirmed report that John McAfee has been captured at the border of Belize and Mexico". Then teasing "more information as it is received".
McAfee actually wrote entries to the blog, where he has said he disguised himself as a beggar, a street trader and a drunken German tourist - all an elaborate plan so he could watch police as they searched his home in Belize. He also states that at one stage, he was hiding out on his compound on the island of Ambergris Caye.
News out of Korea says that Samsung is not interested in settling with Apple and would rather continue to fight them in the court systems around the world. Samsung's Shin Jong-kyun, head of Mobile and IT division at Samsung, has been quoted saying "It may be true that HTC may have agreed to pay 300 billion won (US$276 million) to Apple, but we don't intend to [negotiate] at all."
HTC recently settled with Apple with a 10-year cross licensing deal that would see them licensing patents both directions for the next ten years. They decided that they would rather focus on innovation than litigation for the customer, a noble cause, though maybe not noble enough to keep HTC from continuing to free fall.
Samsung was ordered to pay Apple $1 billion just a few months ago and Samsung now has a case against Apple regarding 4G LTE patents that the mobile giant owns. If Jong-kyun is to be believed--and if he knows what he's talking about--it's not looking like the two will settle disputes anytime soon without the help of a judge and jury.
It would appear that iOS 6.0.1 has broken the Facebook app. Multiple users are reporting issues with the app and iOS 6.0.1, including myself. I've found that the app will exit to the home screen when scrolling through feeds. Another one of our readers has reported that the issue is only present on their iPhone 5 and not their iPhone 4S, both running 6.0.1.
If you rely heavily on the Facebook mobile app, it's advisable to avoid upgrading to iOS 6.0.1 until Facebook releases an update for their app or Apple outs a fix for iOS that resolves the issues with kicking users out of the Facebook app. Facebook's mobile web app continues to work on iOS 6.0.1.
Have you experienced this problem? What version software and device are you running? Let us know in the comments and we'll update this story if it proves to be more pervasive than we currently think. We'll also let you know as soon as the problem is resolved.
UPDATE: All seems to be fine now. Everyone should be good to update now.
After months of planning, the TweakTown SSD is now shipping. Based on the SuperSSpeed S301 SLC, the Chris Ramseyer Signature Edition is the fastest consumer SSD on the market today. It features the LSI SandForce SF-2281 controller and pairs it with Intel's 100K P/E cycle Single-Level Cell (SLC) flash.
Limited to just 50 pieces worldwide, the drive is one of the most exclusive products on the market. Chris Ramseyer helped design every aspect of the product from the over-the-top accessory package that includes a desktop adapter bracket that holds two 2.5" drives, to the industry leading 5-year warranty.
Chris feels the modern SSD should deliver in both performance and longevity. The Intel 25nm SLC NAND flash is the key to achieving both goals. "SLC flash eliminates the compressible vs. incompressible variances in performance and allows this product to deliver true 500+ MB/s performance regardless of data type. With 100,000 erase cycles available to the flash this is also a product that will survive intense environments and the abuse of enthusiasts and power users" says Chris Ramseyer whom the product takes its name from.
MyDigitalDiscount has all 50 units assembled and in stock ready to ship out today.
Bright Side of News is reporting that OCZ's founder and CEO has been ousted by the board of directors. While the statement says that they tendered his resignation, BSN appears to believe that the board has ousted him, likely due to the many missteps the company has taken as of late.
According to OCZ's statement, "Alex Mei, Executive Vice President and Chief Marketing Officer as Interim CEO, effective immediately. Mr. Mei's appointment follows the Board's acceptance of Ryan Petersen's resignation as President, CEO and a director of the Company. Mr. Mei will also maintain his current responsibilities as EVP and Chief Marketing Officer until a permanent CEO has been selected."
It's not exactly clear what effect this will have on the stock. As of late, OCZ's shares have been falling and this change in leadership may be enough to get them to bounce back. We will be sure to keep you updated with the latest happenings over at OCZ.
MSI, who are mostly known for their motherboards, graphics cards, notebooks and other smaller product lines, have decided they're entering the SSD business with their decision today. MSI have inked a deal with LSI-SandForce as a provider for SSD controllers.
MSI's website states that all "SandForce-Driven" SSDs include a column for MSI, with model numbers for the upcoming SSDs "coming soon". MSI have dabbled in SSD's before, with their super-fast GT60/GT70 gaming notebooks that sport an MSI-designed SSD RAID solution.
This SSD RAID solution uses SanDisk-made mSATA SSDs in a striped RAID 0 array.
What are your thoughts on the move into SSDs? A natural progression of business for MSI? Do you think we'll see exciting stuff from the usual motherboard- and graphics card-maker?
Terry Cheng, the now ex-CEO of Foxconn has just resigned, and is now awaiting approval of his resignation from the board chairman. Cheng, an engineering specialist, joined Hon Hai in 2007 after he had served ten years as Texas Instruments' president of Asian operation.
Cheng had only taken over for previous CEO Chen Wei-liang on January 1 of this year. Cheng's resignation has seemingly come out of nowhere and his reason for leaving is unclear for now. Terry Gou, current board chairman, is reportedly trying to persuade Cheng to continue on as CEO.
Foxconn took a hit of around $28.1 million of losses in 2010, but were able to scoop up some profits a year later in 2011 with around $9.4 million.
It looks like the rumors that were going around a few weeks ago were right, as Sony have just acquired cloud-based gaming firm Gaikai for $380 million. The news is very new, so there's not much meat here.
Gaikai is a California-based company, and until now, the company had only raised $45 million in funding. So this acquisition could be a knee-jerk reaction to NVIDIA's cloud-based future of gaming with GeForce Grid, or the future of gaming in general. More as it comes.