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Business, Financial & Legal Posts - Page 10

Basemark teams up with TUV Rheinland for performance certification

By: Anthony Garreffa | More News: Business, Financial & Legal | Posted: Jun 3, 2015 3:58 am

Basemark has announced a strategic partnership with TUV Rheinland which will see a new certification class for smartphones, tablets, notebooks and PCs.




Thanks to the collaboration, TUV Rheinland will secure an excellent service for product performance and evaluation at all stages of development, even at a component level like chipsets, GPUs or CPUs - right up to the final product. Basemark's suite of benchmarks like Basemark X, Basemark ES and Basemark OS allows TUV Rheinland to fine tune the devices speed, stability and overall performance.


Tero Sarkkinen, founder and CEO of Basemark explains: "We are thoroughly excited about this partnership, because it opens a whole new category of product-quality testing. Consumers, corporations, and government purchasers can now also choose products based on how fast a device performs various tasks. We firmly believe that our partnership results in better customer satisfaction. However, this is just the beginning of what we can do together with TÜV Rheinland, and I look forward to building a wide-ranging partnership that results in a wealth of new services for our combined roster of customers".

Intel outlines shift to focus more on mobile, Internet of Things

By: Michael Hatamoto | More News: Business, Financial & Legal | Posted: Jun 3, 2015 2:38 am

Computex 2015 - Intel is best known for its CPUs that power servers and computers, but don't expect the company to just stop there. Intel has added to its Internet of Things Gateway, while also providing new software and OS choices for the IoT Gateway - and wants to make a bigger splash in the mobile market.




In addition, Intel is looking to embrace wearables, creating new hardware platforms that can power the next generation of wearable devices.


"The power of Moore's Law has enabled incredible computing innovation over the past 50 years and because of it, nearly everything in the future will have the ability to compute and connect," said Kirk Skaugen, SVP and GM of the Client Computing Group at Intel. "Our 30-year history of collaboration with Taiwan has delivered historic innovation to the world, from personal computing to the cloud and data centers."

Continue reading 'Intel outlines shift to focus more on mobile, Internet of Things' (full post)

Comcast fixes US west coast outage, will issue $5 vouchers

By: Michael Hatamoto | More News: Business, Financial & Legal | Posted: Jun 2, 2015 9:39 pm

Comcast subscribers who dealt with Internet trouble throughout Monday will receive a $5 voucher from the cable company. Even though many users reported problems that reportedly started Monday morning, Comcast's service entirely dropped around 6:30 PM local time - and trying to log back on was difficult.




Comcast is blaming a hardware failure in some of its DNS servers, but the DNS issue impacting Internet service and VOD has been resolved.


"Since the incident, we have been working non-stop to fully understand the problem and bring additional DNS capacity online in the affected areas, so we can prevent it from happening again," Comcast said in a public statement. We all rely on the Internet and expect it to be there when we need it. We are directly reaching out to those who reported problems last night to offer our apologies and a credit for lost service.

Continue reading 'Comcast fixes US west coast outage, will issue $5 vouchers' (full post)

Jay-Z still struggling to make Tidal into streaming music giant

By: Michael Hatamoto | More News: Business, Financial & Legal | Posted: Jun 1, 2015 3:30 am

Rap industry icon Jay-Z has had many success stories throughout his career, but his multi-million-dollar decision to purchase Tidal still needs a lot of work.




"We're gathered... with one voice, in unity, in the hopes that today will be another one of those moments in time, a moment that will forever change the course of music history," artist Alicia Keys said during the Tidal press conference earlier in the year. While the record industry struggles in trying to generate revenue from streaming services, it looks like Tidal is struggling even more.


In a changing landscape that is dominated by Spotify and Pandora, it looks like music listeners don't have many reasons to bother giving Tidal a shot. Despite Jay-Z previously saying the service is "just fine," it remains to be seen how he will help win over music listeners.

Continue reading 'Jay-Z still struggling to make Tidal into streaming music giant' (full post)

Streaming music is the present and future, not the death of music

By: Michael Hatamoto | More News: Business, Financial & Legal | Posted: May 31, 2015 10:29 pm

The Recording Industry Association of America (RIAA) and musicians don't seem overly enthusiastic that music listeners would rather stream music instead of pay for individual downloads. Taylor Swift's decision to pull her music catalog from Spotify, which hurt her music listeners more than the streaming service, didn't earn much praise.




The International Federation of the Phonographic Industry (IFPI) said its music revenue dropped 0.4 year-over-year, accounting for $14.97 billion in 2014 - while revenues have slid for more than one decade. However, the number of subscribers to a premium streaming service continues to increase, from 28 million in 2013 up to an estimated 41 million people in 2015.


To start the year, a report indicated the streaming music market is absolutely booming, as paid downloads continue to slide - and that has many people in the record business concerned. The transition from physical album sales and paid downloads towards streaming music will continue, and record labels trying to pressure streaming services won't do any good - music listeners want to be able to use services such as Spotify and Pandora, but are willing to pay to do so.

Consumer Reports: Comcast, Time Warner struggle to win over customers

By: Michael Hatamoto | More News: Business, Financial & Legal | Posted: May 31, 2015 8:52 pm

Comcast, Time Warner Cable and Charter are notorious for their poor customer support, which they've tried to improve, and are in the basement yet again, according to a recent survey from the Consumer Reports National Research Center.




The survey studies TV, Internet, and phone service subscriptions, or bundled packaged for all three services - and the results may not be surprising, yet are still extremely frustrating. Overall, 20 of 24 TV service companies received the lowest score Consumer Reports dishes out, while 39 ISPs received a middling score for Internet service.


"Today more than 90 percent of all our appointments are one-hour windows or specific time of day," a Time Warner spokesperson told CNET. "We're bringing dramatically faster Internet speeds and more than 20,000 on-demand choices to customers in markets throughout the country, and we've also introduced a new six-tuner, 1-terabyte DVR to meet viewer demand. And we're going to keep working every day to make TWC the most reliable, highest-value choice in the areas we serve."

Continue reading 'Consumer Reports: Comcast, Time Warner struggle to win over customers' (full post)

GameStop trying to evolve to avoid sharing same fate as Blockbuster

By: Michael Hatamoto | More News: Business, Financial & Legal | Posted: May 30, 2015 6:30 pm

Game retailer GameStop released strong Q1 2015 results, up 8.1 percent (3.34) to $44.18 to end the day, after many investors predicting the company's stock would actually suffer. Overall, the retailer also saw an average 8.6 percent in same store sales year-over-year, as the company continues to evolve during changing times.




"We're such a complex animal," said Paul Raines, CEO at GameStop, in a statement published by BloombergBusiness. "There is no elevator pitch for GameStop." It's an incredible announcement, as more gamers and financial investors feel GameStop will eventually end up just like Blockbuster: gone.


Amazingly, the store has managed to evolve despite many gamers choosing to download and install game content, leaving behind physical game sales. However, GameStop has 30 percent to 40 percent market share in digitally licensed content, providing extra game levels and other DLCs.

Continue reading 'GameStop trying to evolve to avoid sharing same fate as Blockbuster' (full post)

Silk Road creator Ross Ulbricht receives life sentence

By: Michael Hatamoto | More News: Business, Financial & Legal | Posted: May 29, 2015 8:46 pm

US District Judge Katherine Forrest has given Ross Ulbricht, the founder and operator of Silk Road, a life sentence in prison. The underground website was involved in more than 1.5 million transactions that netted $214 million, and Ulbricht was described as the "kingpin of a worldwide digital drug trafficking enterprise."




Ulbricht was convicted of distributing narcotics on the Internet and engaging in a continuing criminal enterprise, among other charges. He automatically faced a minimum 20-year prison sentence, though it was expected he would receive a much harsher sentence. The judge noted: "What you did in connection with Silk Road was terribly destructive to our social fabric..."


"He developed a blueprint for a new way to use the Internet to undermine the law and facilitate criminal transactions," according to a statement from the US attorney for the Southern District of New York. "Using that blueprint, others have followed in Ulbricht's footsteps, establishing new 'dark markets' in the mold of Silk Road, some selling an even broader range of illicit goods and services."

Continue reading 'Silk Road creator Ross Ulbricht receives life sentence' (full post)

Jawbone sues Fitbit as fitness trackers go to war

By: Ben Gourlay | More News: Business, Financial & Legal | Posted: May 29, 2015 5:17 am

As fitness tracking company Fitbit prepares to go public in a $100m offering, rival Jawbone has thrown a spanner in the works by launching legal proceedings against the market leader.




According to the Wall Street Journal, Fitbit has been accused of poaching multiple employees away from Jawbone who took with them trade secrets by downloading IP and attempting to cover over their tracks. For their part, Fitbit denies the claims, saying in a statement "We are unaware of any confidential or proprietary information of Jawbone in our possession and we intend to vigorously defend against these allegations."

Making sense of Taylor Swift's decision to pull music from Spotify

By: Michael Hatamoto | More News: Business, Financial & Legal | Posted: May 29, 2015 1:40 am

Taylor Swift pulled her music from Spotify, with her record label showing little interest in working with the music service. Unfortunately, her decision doesn't actually hurt Spotify, and leaves her music fans with one less outlet to listen to her music.




It's unknown how much money Spotify actually paid out to Swift's record label, Big Machine, though most of her money is made from live music concerts and promotional appearances.


Spotify, the No. 1 streaming service, pays a whopping 70 percent of revenue directly to the music labels - writing a check for around $1 billion in 2014 - with the number of subscribers increasing in 2015. However, the record labels only collect less than one penny for each song played through the popular service.

Continue reading 'Making sense of Taylor Swift's decision to pull music from Spotify' (full post)

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