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Business, Financial & Legal Posts - Page 257

AMD's chief sales officer, Emilio Ghilardi leaves

We all know AMD has and still is, going through some troubling times, but there is hopefully some light at the end of that bulldozed tunnel. The bad news continues today with the exit door opening for its chief sales officer, Emilio Ghilardi.

 

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AMD announced the departure just after the close of trading on the New York Stock Exchange, where current CEO Rory Read will take over Ghilardi's sales responsibilities in the meantime, there is a search for a replacement. Ghilardi had worked for AMD since 2008, and started as senior vice president and general manager for Europe, Middle East and Africa. Just a year later he was promoted to chief sales officer.

 

It's not known what move is next for AMD, when they're set to adopt an "ambidextrous" strategy when it comes to using chips from other companies. The next few months should be some interesting times from the underdog, whether we see them move into areas where they aren't fighting the big bad, Intel. It could be a smart move, where you can't win, go into a market where you have more chance, and less competition. Sounds good to me.

MPAA sues LimeWire, starts digging at their grave

Considering LimeWire has been dead for quite sometime now, after the RIAA settled with LimeWire last year to the sweet tune of $105 million, Twentieth Century Fox, Viacom, Disney, Paramount Pictures and Warner Bros. now want some of that tasty LimeWire blood.

 

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First up, we need to consider, its not like LimeWire had $105 million in cash laying around, so these lawsuits are nothing but praise for the MPAA/RIAA to show off "we sued a company for pirating!" but what actually gets done about it? People are sued, but its like taking blood from a stone. The stone has no blood, LimeWire has no cash. Why sue?

 

The complaint, published by Courthouse News reads:

 

The illegality of LimeWire has been fully and finally adjudicated by the Court. In a related case, Arista Records LLC v. Lime Group LLC ...the court found defendants liable for engaging in and facilitating massive copyright infringement.

 

The complaint lists 53 infringed works including shows such as South Park and Family Guy, as well as movies such as Avatar, Shrek and Harry Potter.

Motorola want 2.25% of Apple's mobile sales for their 3G patent use

Motorola have been stirring up some problems for Apple in Germany, where they won an injunction on iCloud and also enforced a previous ruling where it requires Apple to pull some iPhone mobiles from stores in Germany. The sales ban last just hours, after which Apple managed to win a suspension later in the day.

 

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New details have emerged from the battle between Motorola and Apple, where they've said that Motorola Mobility's legal complaints against Apple, want 2.25-percent of Apple's sales of wireless devices in exchange for a patent license covering Motorola's intellectual property. If Motorola wins this, they could receive $2.1 billion in retroactive fees from iPhone revenues dating back to 2007, which amount to a slither under $93 billion. This is before factoring in 3G iPad sales.

 

Which patent do Motorola have a grip over Apple on? Its 3G/UMTS patent, has recently been declared essential in implementing open industry standards and because of that, Motorola must license it under FRAND (fair, reasonable and non-discriminatory) terms to any competitor that requires it.

 

Apple has denied the fee, and is now filing motions to obtain information from other handset vendors such as Nokia, HTC, LG, and Sony Ericsson to find out what sort of royalty fees they're paying to Motorola. If Apple proves that Motorola are abusing its FRAND patents, then it could throw Motorola into an anti-trust investigation with the European Commission.

Another torrent site closes, this time voluntarily, BTJunkie closes its doors

BTJunkie was one of top five BitTorrent sites out there, and has after 7 years in operation, decided to voluntarily shut down. This closure is sure to be in relation from the growing pressure from authorities in the U.S. and around the world, with MegaUpload taking the first big blow, as well as The Pirate Bay.

 

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BTJunkie wasn't attacked by the authorities, so this looks like a preemptive move to avoid future legal action, and/or arrests. BTJunkie had boasted 80 million users at one point, and in its farewell message, BTJunkie wrote:

 

This is the end of the line my friends. The decision does not come easy, but we've decided to voluntarily shut down. We've been fighting for years for your right to communicate, but it's time to move on. It's been an experience of a lifetime, we wish you all the best!

Samsung's Super Bowl spot, it's "Next Big Thing", wants to be anti-Apple

Samsung's anti-Apple Super Bowl TV spot was shown just a few hours ago, dubbed "Next Big Thing". The ad shows off Samsung's 5.3-inch smartphone, the Galaxy Note.

 

 

The takes a stab at the religious-like Apple line ups for their new iDevices. The towns of San Francisco, Calif, Boston, Ma. and Denver, Co., burst into non-choreographed flash mobs, when they meet "The Thing Called Love," and by the thing called love, it's Samsung's Galaxy Note.

 

Considering that the Super Bowl ads were mostly filled with celebrity-laden advertisements for beer and cars, this is somewhat new for Super Bowl of late. Samsung were one of the only tech-based companies pushing their wares. Go, Samsung?

Continue reading 'Samsung's Super Bowl spot, it's "Next Big Thing", wants to be anti-Apple' (full post)

Anonymous eavesdrops FBI conference call, releases audio recording online

Anonymous have had an eventful 2012 thus far, with news today that they've intercepted and recorded a conference call that took place between the FBI and the British police cybercrime division of Scotland Yard on January 17.

 

 

Anonymous have now released an audio recording of the nearly 15 minutes of conversation online. During the call, the two parties discussed something quite important, a hacker plot called "Project Mayhem". What is Project Mayhem you ask? Well, it's only a strategy for bringing down Anonymous, you can now understand why this is of importance for Anonymous.

 

The two parties specifically talk about back arrests of members known as "Kayla" and "Tee-flow", as well as getting Ryan Cleary's indecent images which were found by the USAF who examined his hard drive and 15-year-old "Tehwongz" who has claimed to of hacked 32,000 Steam user names, logins and credit card details.

Continue reading 'Anonymous eavesdrops FBI conference call, releases audio recording online' (full post)

Apple spotted browsing around for TV parts, shall we call it iBrowsing?

Apple don't have a TV on the market, where their biggest competitor in the smartphone market, Samsung, sure do have that market with their fist around it, tightly. The latest coming from Piper Jaffray analyst Gene Munster, has said that the Cupertino-based company has been checking out the TV component supply chain, in preparations of entering the TV market.

 

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Munster wrote in a note to clients today:

 

In January we spoke with a major TV component supplier who has been contacted by Apple regarding various capabilities of their television display components. We see this as continued evidence that Apple is exploring production of a television. This latest data point follows January 2011 meetings in Asia that led us to believe Apple was investing in manufacturing facilities for LCD displays ranging from 3.5" mobile displays to 50" television displays.

 

Now I'm beginning to wonder. A consumer walks into a store that sells a bunch of different branded TVs, as well as Apple products. Said customer sees a 50-inch Apple TV for, I'm guessing here, $3999 and sees a 55-inch Samsung OLED TV, which makes the Apple screen look like a 640x480 CRT, and is $3499. Which would the customer buy?

 

The scary answer? Most like Apple, because of that darn attractive picture of fruit on the front. Go, Apple, go.

Thought MegaUpload was bad? Well, 6 petabytes of illegal content has been discovered at the Ukrainian equivalent of MegaUpload

Well, well. MegaUpload may have taken an arrow to the knee, but now we're seeing the cracks get wider, and the numbers are widening. Ex.ua, the Ukrainian equivalent of MegaUpload has been forced offline in the Ukraine. You've probably never heard of it, but Ex.ua is absolutely huge. Ex.ua accounts for between 16- and 36-percent of Internet traffic in the country at any one time.

 

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Ex.au's offices were raided by the Ukrainian Ministry of Internal Affairs, where they seized over 200 servers where they found, get this, over 6 petabytes (6,000 terabytes) of illegal content. There were supposedly 16 people working at the office, and are now looking to face prosecution.

 

Why did the raids take place? Adobe, Microsoft, and Graphisoft had made complaints in relation to copyright infringement. After which, an investigation was launched and had lasted six months before action had taken place.

 

Ukrainian ISPs should expect traffic to go down, and make less profits.

 

Ukrainian resident? Please drop me a line to let me know what's going on in your side of the world.

Crackle has launched an Xbox Live app, gives US, UK, Canadian and Australians access to TV shows, movies, for free

I've never heard of Crackle until now, so I've just pushed that rock up off my back and thrown it to the side for now. Crackle is part of Sony Picture Entertainment's video entertainment network, and now gives UK, US, Canadian, and Australians access to a bunch of TV shows and Hollywood movies, all for free.

 

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For free! Free, as in, nothing? Well, Crackle is ad-supported, but it's not a direct competitor of paid-for video-on-demand services such as Netflix, which is also available on the Xbox Live hub, but instead Crackle offers a range of old movies, TV shows and animated series.

 

Phil Lynch, VP Digital Networks and Games at Sony Pictures Television says:

 

Crackle is the single best multi-platform source of free, ad-supported Hollywood films and television series. By our continued emphasis on cross-platform distribution, we are bringing an unparalleled viewing experience directly to Crackle's largest demographic of 18-34 males through their Internet-enabled devices. We are thrilled to be part of Xbox LIVE's entertainment expansion.

Continue reading 'Crackle has launched an Xbox Live app, gives US, UK, Canadian and Australians access to TV shows, movies, for free' (full post)

Qualcomm doing well, Q1 earnings see revenue up 40%, takes $1.4 billion in profit

System-on-a-chip extraordinaire, Qualcomm, have posted their Q1 2012 financial results, with a very nice $4.68 billion in revenue for Q1, a 40-percent increase year-over-year, and 14-percent higher than just last quarter.

 

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Profits were up, too, at $1.4 billion, a 20-percent increase year-over-year, and a 33-percent increase sequentially. MSM chip shipments were great for Qualcomm, seeing 156 million units shipped, a 23-percent increase from last year. September quarter total reported device sales are quite staggering, with approximately $41.4 billion in sales, up 22-percent year-over-year and 6-percent sequentially.

 

Qualcomm's cash equivalents and marketable securities now total $22 billion at the end of the first quarter of fiscal 2012.

 

Qualcomm are going quite well, and I think this year will see a continuation of that effort.

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