TweakTown
Tech content trusted by users in North America and around the world
5,981 Reviews & Articles | 38,647 News Posts

TweakTown News

Refine News by Category:

Business, Financial & Legal Posts - Page 11

Yahoo reportedly drops over $200 million to buy analytics firm Flurry

Sources are reporting that Yahoo has made a significant purchase spending over $200 million to purchase mobile analytics company Flurry. Flurry is more than a mobile analytics firm and has its hand in mobile advertising. Sources claim that the price paid for Flurry could be in the $200 to $300 million range.

 

TweakTown image news/3/9/39236_6_yahoo_reportedly_drops_over_200_million_to_buy_analytics_firm_flurry.jpg

 

Rumors had been swirling that Flurry was on the market with one source indicating it was looking for $700 to $800 million. If the sources in the Yahoo purchase are correct, the purchase price came nowhere near that price.

 

So far, no official confirmation from Yahoo or Flurry has been made on the deal. Flurry was founded in 2005 and is one of the largest firms in mobile app analytics.

Sony Walkman ZX1 selling well in Japan despite $700 price

Audiophiles are willing to spend extra money to get products that better reproduce the music they love to hear. We see this all the time with some folks willing to fork out hundreds and hundreds of dollars for things like headphones and music players. Most of us think of the iPod when shopping for a music player, but audiophiles have another device they are buying in Japan.

 

TweakTown image news/3/9/39234_4_sony_walkman_zx1_selling_well_in_japan_despite_700_price.jpg

 

Sony launched the thick Walkman ZX1 in Japan a while back. The ZX1 is a niche product and sells for a lot more than your typical iPod. Despite having a price of $700 in Japan, it is said to be selling very well. The secret to success for the ZX1 is its support for a high-end, high-resolution audio format.

 

That audio format is 24-bit 192kHz FLAC audio files. Sony will have some competition in the market for supporting this format with the Kickstarter backed PonoPlayer due to land in October supporting the same format. As of now, the Sony ZX1 is available in Japan and a few other locations in Asia, no word on rolling the device out to the US or other countries has been offered.

Verizon Smart Rewards program requires ad tracking opt in

Verizon has launched a new rewards program to help encourage users to do things like pay bills and sign up for new Verizon services. The idea is that each time you pay your bill on time or up your data plan, you will be given a specific number of reward points that can later be redeemed for gift cards.

 

TweakTown image news/3/9/39233_3_verizon_smart_rewards_program_requires_ad_tracking_opt_in.jpg

 

On the surface, this sounds like a pretty good deal, but reports indicate that in the fine print Verizon Smart Rewards also requires users to opt into Verizon Selects. If users don't realize that opt in is required, they may not realize that by default location data and web surfing data is tracked by Verizon.

 

Verizon uses that data to target the ads people see on their smartphones. The good news is that you can leave Verizon Selects and still use Smart Rewards after signing up, but you will lose the extra rewards points you get for enrolling in Verizon Selects.

Verizon pushes FiOS internet upload speeds to match download speed

If you happen to live in an area where Verizon has its fast FiOS internet connectivity, Verizon has some good news about an upgrade you may like to hear. Verizon has announced that it is boosting the upload speeds of its FiOS service for almost all of the connections on the FiOS network to match the download speed.

 

TweakTown image news/3/9/39232_2_verizon_pushes_fios_internet_upload_speeds_to_match_download_speed.jpg

 

That means users will get a synchronous connection that makes it much faster to upload content to the internet. This will be particularly nice for users who upload lots of large video files to sharing sites like YouTube.

 

The lowest cost FiOS plan will offer 25Mbps upload and download speeds, which is a boost from 15Mbps down and 5Mbps up. Current subscribers will see their speeds increase over the coming months. With the 25Mbps upload speed, customers would be able to upload a 3GB HD video in 16 minutes.

Facebook's acquisition of Oculus VR is now official

When Facebook announced it was acquiring Oculus VR back in March, it had the entire world up in arms - myself included. Time has passed, and those worries have all but died down, with the news that the acquisition is now final, with an update issued by both of the companies.

 

TweakTown image news/3/9/39222_08_facebook_s_acquisition_of_oculus_vr_is_now_official.jpg

 

Facebook and Oculus VR said in a joint statement: "We're looking forward to an exciting future together, building the next computing platform and reimagining the way people communicate". Back in March, Facebook said it was going to acquire Oculus VR for $2 billion, in a deal that would include $400 million in cash, and 23.1 million shares in Facebook valued at $1.6 billion.

 

At the time, Mark Zuckerberg, the founder and CEO of Facebook said: "Mobile is the platform of today, and now we're also getting ready for the platforms of tomorrow. Oculus has the chance to create the most social platform ever, and change the way we work, play and communicate". In April, the Federal Trade Commission approved the deal. Right now, people are waiting for their Development Kit 2 (DK2) units to arrive, sporting a 1080p low-persistence screen, and much more.

Huawei sales boom with 19% increase in first half of 2014

Smartphone makers and other firms know that one of the biggest emerging markets for all electronics products is China. Smartphone firms are working hard to get into the Chinese market where business is growing while sales in other more developed markets are slowing.

 

TweakTown image news/3/9/39205_5_huawei_sales_boom_with_19_increase_in_first_half_of_2014.jpg

 

China has a homegrown brand that is giving firms from other countries a big run for their money, that Chinese brand is Huawei. Huawei has announced that it has had a 19% sales increase in the first half of 2014. The company says that it expects profit margins in the area of 18.3% for the first half of the year.

 

Those numbers make it one of the most successful smartphones makers in the world. IDC shows that Huawei has shipped 13.7 million smartphones in Q1 2014 making it the third largest smartphone vendor in the world.

DRM-free indie books outsell DRM laden ones 2:1

If you haven't noticed, consumers don't care for DRM. We like to buy books and music once and then put them on any of the devices we own that we want to. DRM will often keep you from installing your legally purchased content on all of your devices. A new report has been published looking at indie books on Amazon comparing the sales success of DRM laden titles to those lacking DRM.

 

TweakTown image news/3/9/39204_4_drm_free_indie_books_outsell_drm_laden_ones_2_1.jpg

 

The report has found that independent books being sold on Amazon without DRM are selling at a 2:1 rate compared to those with DRM. Digital books from the big five publishers almost all use DRM. When it comes to indie books, only about 50% of the titles are published with DRM.

 

At the end of the day, the report found that independent books selling without DRM installed significantly out-earned titles that had DRM. The only price point where DRM titles from independent authors outsold titles without DRM was at $6.99, where two books from a single author are outliers.

Bitcoin value shaky, with many investors says bubble pricing in play

The lure of bitcoins has potential suitors interested in learning about the cryptocurrency, but after losing 45 percent of value in 2013, the slide will continue in 2014, Bloomberg Global Poll respondents noted. The value peaked at $1,100, but dropped, with some financial analysts wondering if the bitcoin bubble popped already.

 

TweakTown image news/3/9/39184_01_bitcoin_value_shaky_with_many_investors_says_bubble_pricing_in_play.jpg

 

Over half of survey respondents (55 percent) said bitcoins and other virtual cryptocurrencies have unsustainable currency trades, with 14 percent also saying bitcoin is closing in on a bubble - while 6 percent are optimistic and say no financial bubble is currently forming. The last 25 percent said they are unsure of what's going to happen with the currency.

 

An assortment of businesses and retailers accept bitcoin for payment, but some financial specialists and government officials aren't drinking the Kool-Aid just yet. It's difficult because bitcoin values have varied in 2014, from a low of $341 up to $900, while currently valued at $623 per bitcoin - and headlines find bitcoin more during controversies than victories.

Dell embraces bitcoins, accepting the cryptocurrency on its website

PC manufacturer Dell is the latest major company to join the bitcoin cryptocurrency bandwagon, with CEO Michael Dell confirming the announcement. Dell has partnered with Coinbase to help process payments, and the cryptocurrency receives a 1 percent processing fee following $1 million in sales.

 

TweakTown image news/3/9/39171_01_dell_embraces_bitcoins_accepting_the_cryptocurrency_on_its_website.jpg

 

"We've fostered a close partnership with the Dell team and that's been instrumental in getting the Coinbase integration up and running in such a short timeframe," said Fred Ehrsam, Coinbase co-founder, in a statement. "We look forward to continuing to support the team as they explore other ways to offer even more functionality when it comes to bitcoin payments."

 

The updated Dell 'Terms and Conditions' portion of the website indicates if a customer wants a refund from a bitcoin payment, they will receive a check in U.S. dollars.

Continue reading 'Dell embraces bitcoins, accepting the cryptocurrency on its website' (full post)

Twitter buys CardSpring to power commerce in tweets

Twitter has announced that it has purchased a new company called CardSpring that it will use to power ecommerce sales in tweets that users and companies share. CardSpring allows companies to build card-linked offers, electronic coupons, loyalty cards, virtual money, and more that works with credit cards.

 

TweakTown image news/3/9/39161_3_twitter_buys_cardspring_to_power_commerce_in_tweets.jpg

 

Twitter has no plans to shutter the service and use the technology for itself at this time.

 

CardSpring writes, "At Twitter, we will continue to grow the adoption of our platform and work with our publisher, financial, and retail partners to create new, innovative commerce experiences for consumers."

 

One way that Twitter can use the CardSpring tech is to enable things like discounts offered via a tweet where you would enter your credit card details on Twitter and then pay with the same card at the local store to get the discount. Merchants would get analytics allowing them to see how effective their purchases are.

Latest Tech News Posts

View More News Posts
Check out TweakTown Polls on LockerDome on LockerDome

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases