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Business, Financial & Legal Posts - Page 267

Facebook and MySpace announce data sharing agreement

By: Array

In one of the more confusing announcements of the day, Facebook and MySpace made a joint announcement today that the two "competing" sites will now be sharing data. This "Mashup" will allow people to import their likes and interests from their Facebook accounts to their MySpace accounts with "a simple one-click set-up."

 

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Why Facebook would exactly do this is kind of a mystery; you could call MySpace a direct competitor to Facebook if MySpace's place in the social networking limelight hadn't fizzled out a long time ago. The ability to "Like" someone on Facebook and get hooked up with their MySpace account info doesn't really appeal since most likely their last sign in date will have been in 2008 or so. Most people, including me, are figuring this is MySpace's last ditch effort at a return to relevance; hopefully this is an option that can be completely bypassed.

 

Qantas unveils "next-generation check-in network"

By: Array

Qantas has unveiled their next-gen check-in service which involves micro chipped smartcards replacing boarding passes and RFID to track your bags.

 

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The first airports to take advantage of this will be Sydney and Perth - with the latter having live trials since July. Melbourne, Adelaide and Canberra will be enabled throughout the first half of 2012.

 

Continue reading 'Qantas unveils "next-generation check-in network"' (full post)

Facebook breaks ground on $450 million data center

By: Array

When you've become an internet giant, having just one facility in the works just won't do anymore. While they still haven't finished building their first data center currently under construction in Oregon, Facebook has announced today they will be building a $450 million data center in Rutherford, North Carolina as well.

 

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That's right, Facebook will be on both coasts. The North Carolina project is expected to take about 18 months to finish once it is started and will employ 35-45 workers. Facebook has even planned for expansion, with the release also noting that "additional construction phases may be possible in the future, depending on business needs." North Carolina is quickly becoming a tech haven for the U.S., with Apple's 1 billion dollar facility almost finished there as well as Google and IBM's data centers already at work.

 

Google offers $3.5 million to Staff Engineer to reject Facebook offer

By: Array

A staff engineer at Google was being wined and dined by Facebook, Google in turn offering him an amazing $3.5 million in restricted stock by Google (which means Google is offering $3.5 million worth of stock at todays pricing, which could very well be worth much more than that in the future).

 

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What did he do?

 

Continue reading 'Google offers $3.5 million to Staff Engineer to reject Facebook offer' (full post)

TiVo gets a $200 price slash

By: Array

The TiVo personal video recorder is getting a $200 price drop this week and will also get a bundle pack with either free movie downloads or cash back and a Wi-Fi adapter.

 

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Currently it sits at AU$699, the $200 drop will bring it to under AU$500 at AU$499. The price drop takes effect on the 12th of November and includes an AU$50 cash back or AU$100 credit on the TiVo internet TV portal, CASPA.

 

Continue reading 'TiVo gets a $200 price slash' (full post)

Intel, Samsung and Toshiba join forces toward 10nm process

We all know the trouble semiconductor manufacturing can cause - going to a new process is always hard, but we're going to see much more issues the smaller we go - as it's going to constantly get harder and harder. Because of this, the world's largest semiconductor manufacturers have combined their efforts with Intel, Samsung and Toshiba signing a treaty - the three companies will cooperate on research and development toward a brand new 10nm technology.

 

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The new combined forces will start soon and have invited a further 10 or so companies into the development to help in R&D of the semiconductor manufacturing. The point is to have 10nm tech ready by 2016 when Samsung and Toshiba aim to use the tech for making NAND flash circuits, while Intel is rubbing it's hands together waiting to use the 10nm tech for microprocessors.

 

Continue reading 'Intel, Samsung and Toshiba join forces toward 10nm process' (full post)

TMSC are set to post strong numbers for Q4 earnings

By: Array

TMSC is set to report strong earnings for the 4th quarter of 2010 thanks to large volumes of orders from AMD.

 

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AMD has placed orders at TMSC for their Ontario and Zacate APUs as well as the new HD6000 GPU's. Ontario and Zacate are both reportedly in production on TMSC's 40nm node - the Ontario will take on Intel's Atom processors in the netbook sector and going by the specs - it should have no problem laying the smack down on the Atom SKU.

 

It is worth noting that while AMD has contracted Globalfoundaries to produce it's 32nm Llano APU - the company decided to shake hands with TMSC's mature 40nm process for Ontario and Zacate in order to escape any possible production issues. All APUs produced by TMSC will be tested and packaged by Siliconware Precision Industries.

 

ACCC are after MSY's blood

By: Array

The ACCC is doing a fair bit in Australia lately - they have just launched court proceedings against Australia's major tech reseller, MSY Technology - the ACCC are alleging that MSY have engaged in false or misleading warranty representations.

 

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According to a statement made by the ACCC, MSY have made false statements about their warranty in pamphlets, notices, price lists and promotional materials as well as their customers receipts.

 

Continue reading 'ACCC are after MSY's blood' (full post)

Nokia-Siemens get $400 million NBN deal

By: Array

Nokia-Siemens Networks has scored a contract for the NBN worth $400 million over 10 years, the contract is for Nokia-Siemens to supply optical transmission kit for the NBN Co.

 

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They initially won a $10 million purchase order for "test laboratory equipment and systems to support early release sites". The optical transmission equipment is to be used to provide connectivity between fibre access nodes and points of interconnect.

 

What is surprising, is Nokia-Siemens said that the NBN Co's network required connectivity at 10, 40 and 100 Gbps.

 

Apple goes crazy in ad spending in 2010 - even Don Draper is impressed

By: Array

Apple's fiscal 2010 report is out (10-K form) - the document is filled with information and details on the state of Apple's business - one big flashing light is just how much Apple spend on advertising in 2010.

 

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In previous years, Apple spent $467 million in 2007, $486 million in 2008, $501 million in 2009 and this year Apple have spent an astonishing $691 million on advertising alone - a $190 million increase from last year alone. Even more surprising, Apple is continuing their trend of lowering the percentage of revenues spent on advertising.

 

While $691 million is a lot on advertising - keep in mind Apple had total revenues of over $65 billion - this equates to around 1 percent of their revenue, spent on advertising. Last year, that percentage was 1.37 and in 2007 it was 5 percent.

 

Continue reading 'Apple goes crazy in ad spending in 2010 - even Don Draper is impressed' (full post)

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