TweakTown NewsRefine News by Category:
An International Trade Commission judge has ruled that Samsung infringes upon a key part of an Apple patent that deals with text-selection on smartphones and tablets. The ITC judge also ruled that Samsung did not infringe upon parts of a second patent owned by Apple dealing with detecting if a microphone is plugged into the microphone jack.
Now that a ruling has been issued, the full ITC commission will convene and decide whether or not to uphold the judge's ruling. We are told to expect the final decision sometime in August. If the decision is upheld, it will not work out well for Samsung. The ITC can decide to bar importation of any device found to be infringing on the patent.
Four of the tech industries largest companies are in Washington today to appeal to the Federal Trade Commission and the Department of Justice in an effort to put a stop to patent trolling from firms like Lodsys and Intellectual Ventures.
Patent trolling has become a sort of industry all of its own in the last few years with firms headed up by lawyers buying up tech patents from failing companies or sell-offs. These firms have no original IP of their own and only exist to extort exorbitant licensing fees and lawsuit wins over everything from individual app developers to giants, such as Google.
The "patent assertion industry" has gotten so big that in 2012 it ate up roughly $30 billion in funds from large tech companies. Google has teamed up with BlackBerry, EarthLink and Red Hat and compiled a 22-page report explaining how Patent Assertion Entities have slowed innovation, decreased jobs, and overall hurt the US economy in the last decade.
The report noted that since 2007, these so called PAE lawsuits have made up over 65-percent of all patent lawsuits in the country.
Samsung has announced an expected first-quarter profit of $7.7 billion, an impressive feat to say the least. While this estimate is higher than analyst predictions, it breaks Samsung's string of five quarters of record profits. This projection is down slightly from Q4 of 2012 when Samsung posted $8.3 billion in profit.
Part of the explanation of lower profits comes from the fact Samsung is on the cusp of releasing the next Galaxy device. Similar to how Apple always suffers the quarter before a new iPhone, Samsung has customers who are likely waiting for the latest and greatest to come out.
We'll know the actual numbers for the first quarter on April 26. That happens to be three days before Apple reports its earnings.
Nokia has announced that it will be closing its flagship store in Shanghai, China. Nokia is working on saving money and shutting down its failing retail stores should be a good way for the company to conserve its limited cash.
Nokia posted the closure announcement on Sina Weibo and only garnered 938 reposts in three days. The store originally opened in 2007 and outlived Nokia's London store, which closed in 2009. On the other hand, Apple continues to open Apple Stores across China, with three in Shanghai alone.
Apple's new Campus 2, also known as the "Spaceship" campus, is an expensive and complex undertaking. When the project was first announced, Apple budgeted around $3 billion. On a project of this magnitude, cost overruns are to be expected, but maybe not as large as Apple's.
New estimates put the cost of the new Spaceship campus at around $5 billion. That's around 66 percent more than what was originally budgeted. Adding insult to injury, the projected move-in date has been pushed back from 2015 to 2016. But Apple can't cancel the project as it is a monument to the late Steve Jobs.
However, Apple is looking to save some cash. They want to reduce the cost by around $1 billion by reducing the fit and finish of the building. This means being less detail oriented and not building it to the same iPhone-level quality standards.
The question is should Apple be focusing its energy on building new products rather than a new campus? After all, stock price has suffered in the past year.
Verizon's CEO has said that the company would be happy to follow in T-Mobile's footsteps and become a no-contract carrier if that is what consumers want. He noted that it's not too difficult to change to a no-contract model and the company is waiting to see how consumers react to T-Mobile's move.
Verizon CEO Lowell McAdam:
I'm happy when I see something different tried. We can react quickly to consumers' shifting needs.
Dropping contracts isn't unheard of. Portions of Europe already operate without contracts and consumers don't seem to mind paying the full price for devices. Whether American consumers will be open to the idea remains to be seen. T-Mobile argues that consumers save money due to decreased monthly service fees.
AT&T has also expressed interest in dropping smartphone subsidies in exchange for lower monthly rates.
CNET obtained a copy of an internal memo sent by the Drug Enforcement Administration (DEA) that complained about their inability to intercept iMessage messages. This is just the latest of law enforcement complaints that new technologies make tapping communication more difficult.
Apple's iMessage utilizes end-to-end encryption making it near impossible for DEA to obtain copies of the message. They were able to discover the iMessage issue after requesting a record of text messages from Verizon. When they received the copies, they realized that the user had utilized iMessage. "It became apparent that not all text messages were being captured."
FBI director Mueller:
There is a growing and dangerous gap between law enforcement's legal authority to conduct electronic surveillance, and its actual ability to conduct such surveillance. We must ensure that the laws by which we operate and which provide protection to individual privacy rights keep pace with new threats and new technology.
Should Apple be required to implement a method to allow federal agents legal access to iMessage communications?
AMD's representitive believes that NVIDIA may be bitter over Sony's choice to go with AMD in the PlayStation 4. His reasoning? A statement by NVIDIA's Tony Tamasi saying how the GTX 680 outperforms the PlayStation 4. He added that the 680 had been out for a year and a half.
If the PS4 ships in December as Sony indicated, it will only offer about half the performance of a GTX 680 GPU, which launched in March 2012, more than a year and a half ago.
AMD's director of ISV relations Neal Robinson responded:
Well, of course they're going to do that. They're a little bitter. For us, really by looking at the APU that we designed, you can't pull out individual components off it and hold up and say, 'Yea, this compares to X or Y.' It's more than just a CPU doing all these amazing calculations and a GPU doing calculations. We are now going to be able to move certain tasks between the two.
It's true that the hardware being used in the PlayStation 4 isn't the latest and greatest. But AMD is able to offer both the CPU and GPU as a package, allowing certain optimizations that can work in the PlayStation 4's favor. We'll have to wait and see what Microsoft brings to the table with the Xbox 720.
Famous game studio LucasArts has been closed by Disney as a result of Disney trying to minimize risk. LucasArts is responsible for two decades of classic games, including such favorites of The Secret of Monkey Island, Full Throttle, and Star Wars: The Force Unleashed.
After evaluating our position in the games market, we've decided to shift LucasArts from an internal development to a licensing model, minimizing the company's risk while achieving a broader portfolio of quality Star Wars games. As a result of this change, we've had layoffs across the organization. We are incredibly appreciative and proud of the talented teams who have been developing our new titles.
Any current games in development have been scrapped. This means that Star Wars 1313 will not be seeing the light of day. Instead, Disney plans to license the right to make games based upon the Star Wars and Indiana Jones franchises to other developers.
This morning the Securities and Exchange Commission (SEC) announced that it has revised the way it believes companies should use social media outlets such as Twitter and Facebook to inform their investors about company information.
The revision comes after the commission investigated Netflix CEO Reed Hastings over a post on Facebook about his personal holdings in the company, which caused the company's stock value to rise. The revision requires companies to notify investors that their social media accounts could post information that could affect stock values.
"Personal social media sites of individuals employed by a public company would not ordinarily be assumed to be channels through which the company would disclose material corporate information. Companies should review the Commission's existing guidance - it is flexible enough to address questions that arise for companies that choose to communicate through social media, and the guidance does so in a straightforward manner."