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Business, Financial & Legal Posts - Page 124

Mike Schroepfer appointed as Facebook's Chief Technical Officer

Facebook has announced that Mike Schroepfer will be the company's new Chief Technical Officer. Schroepfer was formerly the VP of Engineering for Facebook. "Mike Schroepfer's new designation as Facebook's CTO reflects the unique and important role he plays across the company," Facebook said in a statement.

 

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Schroepfer has been with Facebook for just shy of five years, so he has plenty of experience with the company. Prior to joining Facebook, he worked at Mozilla as VP of Engineering for three years. He will likely continue to push for Facebook's "mobile first" strategy. We wish Schroepfer the best in his new position.

Samsung shifts into a multiple-CEO system, adds two new co-CEOs

We've just seen the announcement of the game-changing Galaxy S IV from Samsung, but there was another announcement that gets lost in the waves of the Internet. The company have announced they're switching to a multiple-CEO system, pushing up Presidents Boo-keun Yoon and JK Shin thanks to their great performance.

 

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Vice Chairman, Chairman of the Board of Directors and current CEO, Oh-Hyun Kwon isn't leaving his post, but will continue to oversee Samsung Electronics' component business. Yoon will continue as is, overseeing the consumer electronics division that makes TVs and applications whilst Shin steers the ship that is the IT and mobile phone business - and he seems to be doing a damn good job of it so far.

Seagate continues to show interest in SSDs, looking for hardware and firmware test manager

It would appear that Seagate is furthering its interest in solid-state drives, or at least that's what a posting on LinkedIn would suggest. Seagate is looking for a Hardware and Firmware Test Manager. Curiously enough, they are preferably looking for someone with SSD, SATA, and PCIe experience.

 

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As you can see in the picture above, the position appears to be fairly high up. We know that Seagate already has SSDs for enterprise applications. These devices are known as Pulsar and Pulsar 2. At CeBIT, Seagate demonstrated SAS 12Gbps. It now looks like they may be working on another solid-state drive that will make use of PICe or SATA protocols.

Google continues spring cleaning, splitting maps and commerce divisions

Google continues to shake things up as they have announced that they are splitting up their maps and commerce divisions into two separate businesses. Google confirmed that the current head of maps and commerce will be shifting over to Google's X unit, the division that is currently working on self-driving cars.

 

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"Jeff is an extraordinary executive," Google said in a statement. "He just finished his first decade at Google -- having worked on some of our most complicated issues like ads, apps, payments and geo -- and now he is eager to work in more of a start-up like environment."

 

The mapping division is moving under the search team. The commerce division will be absorbed by the advertising group. It's not clear what led to this change, but we could see even more integration between maps and searching now that they are part of the same team.

 

We wish Jeff Huber the best at his new position with Google X. I'm waiting for another moonshot.

Jury finds Nintendo infringed upon 3D patent with 3DS handheld console

The courts haven't been very nice to companies accused of infringing other people's patents. While this award isn't nearly as bad as the Apple v Samsung case, $30.2 million isn't something companies like to hand out. A jury has awarded $30.2 million to a former Sony employee who claimed Nintendo infringed upon his patent for glasses-less 3D technology.

 

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Seijiro Tomita didn't get quite as much money as he felt he should. By his calculations, he should have received roughly $10 per console sold, which equates to just under $300 million. His actual award came in at just 10 percent of that, which still works out to be a lot of money.

 

"We are thankful to the jurors for their diligence and hard work," Tomita's lawyer said in a statement. "It has been a honor to represent Mr. Tomita and to protect his invention."

 

Nintendo said in a statement sent to Kotaku that they feel confident that the award will be set aside:

 

Nintendo is confident that the result will be set aside. The jury's verdict will not impact Nintendo's continued sales in the United States of its highly acclaimed line of video game hardware, software and accessories, including the Nintendo 3DS. Nintendo has a long history of developing innovative products while respecting the intellectual property rights of others.[/quote]

Continue reading 'Jury finds Nintendo infringed upon 3D patent with 3DS handheld console' (full post)

Apple finally selling refurbished iPad minis, fourth-gen iPads

After Apple launches a new product, it often takes a few months before they are able to build up enough stock of defective and returned products to start selling refurbished versions. Apple has apparently collected enough stock of the latest iPad mini and fourth-gen iPad as they are now available through Apple's online store.

 

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Stock of the refurbished products is still constrained. Customers are limited in selection as the WiFi-only iPad mini is only available with 32GB of storage. The WiFi + LTE is available with only 16GB of storage. Moving to the fourth-gen iPad, users can only select 16GB or 32GB versions of the WiFi-only and WiFi+Verizon LTE models.

 

Furthermore, the discount offered by buying refurbished isn't that great. On the 32GB WiFi iPad mini, users only save $40, or 9 percent. On the 16GB WiFi+LTE, users only save $30, or 6 percent. It's up to you to decide whether these savings are worth buying a refurbished product.

RumorTT: Apple said to be looking to TSMC for A7 processor

We just can't get enough Apple rumors around here and there seems to be no way to stop them from floating around. The latest rumor out of the rumor mill is that Apple is turning to TSMC for their next processor. According to DigiTime's sources, TSMC will be taping out the processor sometime this month.

 

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We're always a bit wary of what DigiTimes reports, but it does make some sense. We've heard rumors that Apple is looking to move away from rival Samsung's fabs. We've also heard rumors that the next iPhone, the iPhone 5S, could be launching as soon as June. The A7 would likely be ready for commercial products in early 2014, meaning we could see it in the iPhone 6.

 

TSMC is said to be expanding production capabilities at 14-fab, investing around $16.87 billion. Sources added that this is where they expect the Apple A7 to be produced. We'll keep our eyes out for more A7 news and bring anything worthwhile to your attention.

RumorTT: Apple to split manufacturing of next-gen iPhone between Foxconn and Pegatron

Since its release, the iPhone has been solely manufactured by Foxconn, but that is about to change with Apple's next-generation iPhone. A well connected KGI Securities analyst named Ming-Chi Kuo has said that Apple will be splitting the manufacturing of its upcoming iPhone 5S between two companies.

 

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Apple will diversify its manufacturing between Foxconn and Pegatron. While Foxconn will still get a bite of the iPhone pie, Pegatron will handle 75% of the FDD-LTE version of the upcoming entry level iPhone, and 55% of legacy hardware.

 

In his research notes, which were picked up by website Apple Insider, Ming-Chi also estimated that Apple will ship 35.8 million iPhone 5S handsets in 2013 and 53.4 million entry-level iPhone devices.

BlackBerry mystery partner buys 1 million BlackBerry 10 devices, breaks company record on sales

BlackBerry might not be doing so well, but when you have a mystery partner snap up a cool one million BB10 devices, you can't help but celebrate. The company announced on Wednesday that an "established" partner had agreed to buy one million BlackBerry 10 devices.

 

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This deal is somewhat of a big deal, as it is the largest-ever single purchase order in BlackBerry's history. The company won't talk about who the partner is exactly, with BlackBerry spokesman Adam Emery telling AllThingsD: "We are bound by confidentiality and cannot disclose our partner's name."

Google acquires DNNresearch Inc, will help the company on their speech and image recognition software

Google are looking to give their image and speech recognition software a nice boost, so they've acquired DNNresearch Inc. DNNresearch Inc was a startup out of the University of Toronto's computer science department, and now a part of the Mountain View-based giant.

 

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The startup was founded by University professor Geoffrey Hinton and two of his graduate students last year, with Google interested in the company's research on deep neural networks, which will assist the company on improving their speech and image recognition software. Professor Hinton will now continue his work with the University, as well as continuing his research with Google.

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