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Business, Financial & Legal Posts - Page 105

Google stock pulls an Apple, closes at record high of $861.55

Google's stock is sure doing well, especially in light of Apple's recent stock values. Today's closing of $861.55 sets an all-time high for Google's stock and ushers in the question as to whether or not Google is going to be the next Apple. After hours trading has brought the stock price up to $863.50.

 

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These recent gains have resulted in Google's market capitalization eclipsing that of Microsoft, placing the company in second place behind Apple. Analysts have put a price target of $1,000 for the company's stock. But, will it make it that high? Or will Google's stock go the way of Apple's?

 

We'll have to wait and see. However, Google seems to be spending more money on the innovation side of things, creating new markets and products such as Glass. These should ultimately help keep the company on top.

Acer president says there is no value in Windows RT and has no plans of building an RT device

It's no secret that Acer's head of Chinese business, Linxian Lang, is not a fan of Windows RT. He even voiced his opinion on Microsoft building its own RT hardware, stating that the company would "eat hard rice." It appears that those sentiments run deep within Acer with the company's president now speaking out about RT.

 

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While speaking at a company event last Friday, Acer president Jim Wong said that while the company has an extensive RT release plan, it had decided to take another look at things when Surface RT was released. "The plan for an RT tablet is ongoing," Wong said. "To be honest, there's no value doing the current version of RT."

 

So while we still might see an RT tablet from Acer, it most certainly will not be in this quarter, or maybe even the next. My guess is that Acer will announce or release an RT tablet sometime in Q4 just in time for the holiday shopping frenzy.

Continue reading 'Acer president says there is no value in Windows RT and has no plans of building an RT device' (full post)

ASUS delivers Q1 financial report, tablet sales look good, PC components down

This morning we are getting a look into how ASUS performed during the first three months of 2013. The short story is that the company saw a revenue of $3.5 billion which stemmed from strong Tablet sales. ASUS was able to parlay that $3.5 billion in revenue into a solid $202 million in pure profit.

 

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The company did see a significant drop in PC Component and Notebook sales over the same time period in 2012 and 2011, the company says that those drops were offset by tablet sales. Asus sold a whopping 3 million tablets during the first quarter of 2013.

 

Continuing with the good news, Asus has managed to gain a stronger foothold in the US and has increased its market share from 17 percent in 2012 to an impressive 23 percent already this year. This makes up the seventh straight quarter that ASUS has managed to grow revenue, as well as market share, but analyst are predicting that the company's performance will flatten out during the 2013 Q2 timeframe.

Continue reading 'ASUS delivers Q1 financial report, tablet sales look good, PC components down' (full post)

Anti-child abuse ads go next-gen, use lenticular printing to show different ads based on the height of the person

A very interesting new awareness campaign is hitting the streets, in the hope of stopping child abuse, as well as help their victims find support. The ANAR Foundation have begun using lenticular printing, which has allowed them to create outdoor ads that appear differently to adults and children.

 

 

If an adult walks past, the display will read "sometimes, child abuse is only visible to the child suffering it". But, if viewed from the average height of a ten-year-old child, the advertisement is very different. The image of the child is changed to that of an abused child, and includes ANAR's hotlin number, telling kids "if somebody hurts you, phone us and we'll help you".

 

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This type of advertisement seems perfect for kids who are in danger at that moment, where they might have been kidnapped for example, or if their parents or guardian, or someone close to them, has been abusing them and they didn't know how to reach out to someone.

ReportTT: BlackBerry Q10 seeing strong sales in Canada

It looks as though BlackBerry might have some hope left as an analyst says the new BlackBerry Q10 is seeing strong sales in Canada. Peter Misek of Jefferies claims several "store checks" in Toronto show the "BlackBerry Q10 has been selling extremely well and has been sold out or seeing limited availability."

 

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This is good news for BlackBerry who has been losing market share in recent years. It also goes to show that there are plenty of users who still want or need a physical keyboard. Misek has a Buy rating on BlackBerry stock with a price target of $22, around $6 higher than the current stock price.

 

The Q10 features a physical QWERTY keyboard, 3.5-inch display, and 1.5GHz dual-core processor. It's definitely not the fastest device out there, but one of the few remaining with a physical keyboard.

Warner Bros sued over unauthorized use of Nyan Cat and Keyboard Cat

The two popular internet memes, Keyboard Cat and Nyan Cat, are both making even more internet headlines this morning after word that their trademark holder has filed suit against Warner Bros for unauthorized use. The memes were featured in the popular online children's game Scribblenauts.

 

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Scribblenauts is developed by 5th Cell Media, which is a subsidiary of Warner Bros, and is said to have used the memes without any permission from the trademark holder. While this is a very serious matter, one cannot help but sit back and laugh as they watch Warner Bros get a taste of their own copyright lawsuit medicine.

 

Since it is Friday, I have included a video below of the original Keyboard Cat below for your enjoyment!

 

Pentagon approves Samsung Galaxy S4, makes history as Samsung's first DoD approved device

Samsung has made company history by getting its new Galaxy S4 approved by the Department of Defense (DoD). For a long time, BlackBerry has had a stranglehold on government contracts, especially in the security sensitive areas such as the DoD. The security clearance also covers Samsung's Knox security system.

 

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We recently told you about how the DoD also cleared BlackBerry's new line of BlackBerry 10 devices and PlayBook tablets. Now, however, BlackBerry will face some competition. The competition couldn't really come at a worse time for the faltering company. As of late, BlackBerry has been facing declining sales and market share as Android and iOS devices have taken over.

FBI arrests Chinese "spy", thought he had precious NASA secrets, but it was filled with porn

The FBI thought they had another Chinese spy on their hands when they boarded a plane at Dulles International Airport to arrest Bo Jiang, a Chinese national with a doctorate in electrical engineering from Old Dominion University.

 

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Jiang was a former contractor with NASA at their Langley Research Center in Hampton, Virginia, and was fired because of pressure from Republican congressman Frank Wolf of Virginia. Wolf claimed that Jiang and other Chinese engineers employed by NASA contrators were a security risk, and the day of his flight back to China, he had a NASA-owned laptop in his possession.

 

All that Jiang did wrong, was violate NASA policies, as there was no evidence of any sensitive material on his laptop, and Jiang had not had clearance to the secret projects at Langley as an employee of the National Institute of Aerospace. Investigators did find the laptop filled to the brim with porn and pirated movies. There was a press release issued by Wolf after the arrest, with a copy of Jiang's arrest warrant disappearing off the congressman's website. It was cached by Google though, where Wolf said:

 

I am particularly concerned that (the) information (on Jiang's laptop) may pertain to the source code for high-tech imaging technology that Jiang has been working on with NASA. This information could have significant military applications for the Chinese Peoples Liberation Army.

Netflix's Ted Sarandos says piracy drops in territories shortly after Netflix launches

Ted Sarandos, Netflix's Chief Content Officer, recently completed an interview with Stuff.tv. Most of the information was rather boring, though you can read the full interview at Source #1 below. The one interesting piece, at least to me, is that Sarandos says piracy drops in a region shortly after Netflix launches.

 

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One of the things is we get ISPs to publicise their connection speeds - and when we launch in a territory the Bittorrent traffic drops as the Netflix traffic grows. So I think people do want a great experience and they want access - people are mostly honest. The best way to combat piracy isn't legislatively or criminally but by giving good options. One of the side effects of growth of content is an expectation to have access to it. You can't use the internet as a marketing vehicle and then not as a delivery vehicle.

 

It does make quite a bit of sense. Often times people are forced to turn to BitTorrent to get the content they want to watch. However, most people are willing to pay for that content if the content providers would just license it to the region. This is similar to what has been seen with Spotify and other offerings. People are willing to pay as long as they can get the content they want.

Intel picks Brian Krzanich as new CEO as Paul Otellini steps down

Paul Otellini, the former CEO of Intel, announced last year in November that he would be retiring this year. This meant that Intel needed to find a replacement CEO. The competition boiled down to two candidates: Intel's current COO and current CFO. We now know who won. Welcome to Brian Krzanich, the former COO of Intel.

 

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Krzanich has been with the company for more than 31 years, an impressive track record for anyone. He worked his way up from a process engineer all the way to COO. The stock market seems to be indifferent about the selection as Intel's stock price hasn't fluctuated much throughout the day.

 

I'm sure you'll all join us in wishing Brian Krzanich the best.

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