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Business, Financial & Legal Posts - Page 262

Samsung to acquire Sony's shares in S-LCD, enter a new strategic alliance

After a 7-year partnership with S-LCD, Samsung have acquired all of Sony's shares in the joint-venture for close to $939 million. S-LCD will now become a wholly owned subsidiary of Samsung. Up until now, Sony owned 50-percent of S-LCD.

 

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On top of this, both companies have entered into a new strategic agreement for the supply and purchase of LCD panels, with the end goal of increasing the competitiveness of both Sony and Samsung. The agreement also allows Sony and Samsung to continue cooperative engineering efforts focused on LCD panel technology.

Continue reading 'Samsung to acquire Sony's shares in S-LCD, enter a new strategic alliance' (full post)

Go Daddy have lost quite a chunk of domains, SOPA PR disaster hits hard

Go Daddy have gotten a fair amount of news lately, we reported a few days ago that if Go Daddy supported SOPA, Reddit would be closed down. If Reddit were closed down, 90-percent of my Internet browsing would go with it. GoDaddy have since reversed their decision to support SOPA, and customer service representatives are even taking the phones to beg you to keep your domains with Go Daddy.

 

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According to TheDomains, 21,054 domains were transferred away from Go Daddy on Friday alone. A nice early Christmas present for them and at $6.99ea, this would make for a loss of $147,167. This doesn't take future accounts into consideration. In the days leading up to Friday, they lost 8,800, 13,000, 14,500, and 15,000 on Monday through to Thursday, respectively.

 

It looks like this could get worse for Go Daddy, but we need these stances from not just people, but companies if we don't want laws like SOPA pushed upon us. Obviously the Government has no idea, and should be "for the people" but like to push these things in while insulting other countries like China for building their firewall. Irony, you're funny.

Cheezburger will take their 1000+ domains elsewhere if GoDaddy supports SOPA

SOPA is continuing to mark its territory with news of anti-SOPA rallying the tech world's best. Cheezburger (who also does I Can Has Cheeseburger, FAIL Blog, Know Your Meme, and more) CEO Ben Huh has announced that they would be moving their array of over 1,000 domains away from GoDaddy unless the registrar recants their support of the act.

 

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The question now is, will Huh's threat be enough to get GoDaddy on his side? GoDaddy is a large enough company with plenty of controversies under their belt, so they're used to this sort of heat. But, the more news, the more awareness is being raised on the issue.

 

If SOPA is supported by GoDaddy, it could be not only a big change to Cheezeburger, but to virtually the entire Internet as we know it. With Cheezeburger's 1000 domains, just imagine the implications of SOPA to the rest of the world.

Microsoft to stop attending CES after 2012

Microsoft have announced that their attendance at CES 2012 will be their last, where on January 9 at 6:30PM, CEO Steve Ballmer will give his third keynote speech. Microsoft will continue to attend to connect with partners and customers, but won't deliver a keynote or schedule a booth.

 

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Microsoft have explained that CES simply doesn't gel with its marketing strategy. Microsoft asks:

 

What's the right time and place to make announcements? Are we adjusting to the changing dynamics of our customers? Are we doing something because it's the right thing to do, or because it's the way we've always done it?

Continue reading 'Microsoft to stop attending CES after 2012' (full post)

Hasbro sues ASUS over the Transformer name

One would presume that ASUS had deal written up with Hasbro over the use of the Transformer name, but that is not the case. Hasbro have just filed a lawsuit alleging that ASUS is infringing on the Transformers trademark. What I would like to know, is a few things.

 

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First, why did it take Hasbro this long to get onto a lawsuit, it has been nearly a year since the Transformer has been released. I think it mainly has to do with ASUS releasing the next-gen tablet, Transformer Prime. If you're not up with it, Prime comes from Optimus Prime, from Transformers.

 

Did ASUS step over a boundary here? Should Hasbro just feel proud that their name is making it into the technology world? Or is it just business as usual, use my name and I'll sue the hot pants off you, ASUS. I'm putting it out there, but ASUS can use my full name for their next tablet, it has a ring to it: The ASUS Anthony Garreffa tablet. I'd buy one.

Apple buys Israeli-based flash memory company, Anobit, for between $400-$500 million

Apple have just completed a deal to purchase Israeli flash memory firm, Anobit. The deal is reportedly worth between $400-$500 million, which makes it Apple's largest acquisition since NeXT which cost $404 million. A tweet from the Twitter account of Israel's Prime Minster has said:

 

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Welcome to Israel, Apple Inc. on your 1st acquisition here. I'm certain that you'll benefit from the fruit of the Israeli knowledge.

 

It is not just exciting for Apple, but for consumers, too. Apple's new investment in Anobit shows their commitment to requiring fast flash memory, as Israel is a country known for technological breakthroughs, such as its early work in mobile phones and instant messaging.

 

Anobit explains their technology:

 

Anobit's MSP™ (Memory Signal Processing) technology is comprised of proprietary signal processing algorithms combined with advanced error correction and innovative flash management schemes, resulting in a dramatic improvement in endurance, performance and system cost. Specifically, MSP™ enables SLC (one bit-per-cell) endurance and performance with MLC (two bits-per-cell) NAND, and MLC endurance and performance with TLC (three bits-per-cell) NAND, resulting in a significant reduction in cost per-bit.

Continue reading 'Apple buys Israeli-based flash memory company, Anobit, for between $400-$500 million' (full post)

SOPA could mean the end of Reddit

If you haven't heard of SOPA (Stop Online Piracy Act), then I suggest you do some serious reading, because last week the House Judiciary Committee discussed it, and the results of SOPA would not be good, at all.

 

There was an abrupt end to the markup session on Friday, with a new hearing date set for this week. Opposition to SOPA is growing, with the General Manger of Reddit stepping in and saying that the bill would "almost certainly mean the end" of Reddit.

 

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On Wednesday, the House Judiciary Committee will continue discussing SOPA to decide whether the bill should move to the full House. Until then, lobbying groups for and against the bill continue with their efforts to influence the votes of committee members.

Continue reading 'SOPA could mean the end of Reddit' (full post)

The AT&T and T-Mobile merger is dead

AT&T have decided that the merger with T-Mobile won't be happening. AT&T blames the FCC and the U.S. Department of Justice and states that the actions of two government bodies "do not change the realities of the U.S. wireless industry."

 

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AT&T also added that the merger would have been an interim solution to the spectrum allocation issue that is currently hurting the industry, and that without the merger, "customers will be harmed and needed investment will be stifled." An FCC staff report was released just hours after AT&T and T-Mobile withdrew their merger application, with the staff report calling into question the claims that the merger "would serve the public interst, convenience, and necessity."

Continue reading 'The AT&T and T-Mobile merger is dead' (full post)

ITC sides with Apple, some of HTC's products face sales and import ban

Apple's patent trolling has striked once again today, with the ITC siding with the Cupertino-based company. HTC was on the other side of the stick, where they will have certain models of their products either banned from sale, or imported.

 

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The ITC found that HTC violated a pair of patents held by Apple regarding the formatting of data (such as phone numbers) in otherwise unstructured documents (such as e-mails) allowing users to interact with them.

 

The ban isn't set to strike until April 19th of next year, which gives both HTC and Google enough time to work through it. In the meantime of this news going to air (or to keyboard), HTC have said that they have a plan in place to not face the ban. The ITC did not find that HTC violated two other patents that were in question, which related to real time signal processing and would've been much harder for HTC to circumvent.

Saudi Prince invests $300 million in Twitter

His Aunty didn't throw him in a cab and send him to Bel-Air, but Prince Alwaleed bin Talal, the nephew of the Saudi Arabian King Abdullah, has invested a cool $300 million in social-networking site, Twitter. Alwaleed is one of the richest people in the world, ranked at No. 26 on Forbes' billionaire list, with a net work of $19.6 billion.

 

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He made the investment through his 'Kingdom Holding Co.', where it was announced through a press release, and confirmed by Twitter. Twitter's last round of funding, valued the company at $8.4 million and was led by Digital Sky Technologies (DST) of Russia. DST founder Yuri Milner, has stakes in Twitter, Facebook and Zynga.

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