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Business, Financial & Legal Posts - Page 274

Apple tease Black Friday sales

By: Array

Apple have started sending teaser posters around as announcements of their Black Friday holiday sale for this Friday, November 25th. The first teaser appeared on the Australian online store and will most likely be floating its way around the world by now.

 

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It announced:

 

The special one-day Apple shopping event. This Friday, November 25.

 

Mark your calendar now, and come back to the Apple Online Store for the special one-day event. You'll discover amazing iPad, iPod and Mac gifts for everyone on your list.

 

Apple's Black Friday discounts aren't usually too bad, but are small when compared to other retailers. Last year, Apple offered $101 discounts on their iMac, MacBook Pro and MacBook Air lines, with $11-$41 discounts on the iPods and iPads. Not bad, but not great, either.

Apple defeats Android in app revenue, by 1200-percent

By: Array

Apple lead Google by a fairly large margin when it comes to revenue generated by apps, with numbers from Piper Jaffray analyst Gene Munster suggesting Android-based users are conservative when it comes to shopping on the Android Market.

 

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The analysis shows that Android users seem to shy away from purchasing commercial apps, when compared to iPhone and iPad users who have purchased 12 times more paid apps per device. 13.5-percent of iOS customers purchase apps whilst just 1.3-percent of Android users opt for non-free software on their devices.

 

Those numbers mean nothing unless we're talking dollars, right? The Android Market generated just shy of $350 million in gross revenue, where Apple's App Store pulled in an impressive near-$5 billion. Both companies take a 30-percent cut of these totals, which is very impressive as they're just hosting them.

Microsoft and Bill Gates are in court, over Windows 95

By: Array

Microsoft Chairman and co-founder, Bill Gates, has donned his suit, put his hands on his hips and walked into court on Monday in a billion-dollar antitrust lawsuit against Microsoft over Windows 95. Yes, Windows 95.

 

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Microsoft did attempt to get the billion-dollar antitrust case dismissed by a federal court, but failed. Bill Gates was forced to take the witness stand on Monday to defend Microsoft. Novell filed the antitrust lawsuit and are attacking Microsoft over Word Perfect. Novell originally sued Microsoft in 2004, claiming that Microsoft violated U.S. antitrust laws and harmed Novell's range of software products.

 

Novell has provided an Exhibit of an e-mail from 1994, which was from former Microsoft CEO and chairman Bill Gates to his software development teams. Gates started his testimony with a history of Microsoft (or a commercial) by saying "We thought everybody would have a personal computer on every desk and in every home."

Continue reading 'Microsoft and Bill Gates are in court, over Windows 95' (full post)

You have 30 days to pay me $5,000,000

By: Array

I found this video on my stumbles through the [sometimes] strange corners of the Internet, where YouTube user 'n0w1kn0w' posted a video with the title "You have 30 days to pay me $5,000,000...", the video is below, watch it first and then read more below:

 

 

Now, it starts off all boring - at one point I thought he was building a mobile bomb that he was going to place in some Government building and then keep it there for 30 days waiting for his $5,000,000, but then the video gets quite serious with n0w1kn0w visiting a pyramid in Egypt, and rolling his remote control car into it.

Continue reading 'You have 30 days to pay me $5,000,000' (full post)

iiNet acquires TransACT for $60 million

By: Array

iiNet have just made their acquisition of Canberra-based TransACT official. The deal included iiNet scooping up the company for $60 million, and TransACT happy with the deal as they were reportedly keen to sell because of the impending rollout of the National Broadband Network (NBN).

 

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iiNet CEO Michael Malone was quoted:

 

iiNet's acquisition of TransACT represents an attractive strategic opportunity to build scale in the ACT market quickly and efficiently. In particular, TransACT's experienced and passionate management team will allow iiNet to grow its presence in the SME, corporate and government market segments, a key growth area for the Company. We are also excited about the strong existing relationship between TransACT and ActewAGL, the leading utility provider in the region, and the resulting growth opportunities for both companies.

Seagate CEO says drive production won't return to pre-flood levels until at least the end of 2012

By: Array

The on-going flooding problem in Thailand is only getting worse for the technology industry, with hard drive pricing skyrocketing past what most people would have been able to dream of two weeks ago. People are expecting pricing to rebound soon, but they are wrong, very wrong.

 

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Seagate CEO Stephen Luczo was talking to Bloomberg, where he labels "nonsense" estimates that drive production will return to "pre-flood levels" by next summer. He adds:

 

This is going to take a lot longer than people are assuming, until the end of 2012 at least. And by then, demand will have gone up.

 

Another year of inflated prices, where they could really go anywhere from here? Not good for consumers, or those companies who are building cloud-based super servers such as Apple, Google, Microsoft, Amazon, Facebook, etc.

Rambus loses $4 billion antitrust lawsuit again Micron and Hynix

By: Array

Well, it's finally settled. Rambus was dealt with a pretty big defeat on Wednesday, as a San Francisco jury rejected its claim in a $4 billion antitrust lawsuit against Micron Technology and Hynix Semiconductor. The IP licensing company lost more than 60-percent of its market value following the ruling, where investors' fear that the company won't be able to sustain its business model.

 

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If you didn't know, the case revolved around allegations that Micron, Hynix and others had engaged in price-fixing to keep Rambus' RDRAM memory technology from gaining widespread adoption. If you remember, Intel used RDRAM with the Pentium III and 820 chipset, as well as the Pentium 4 and 850 chipset. If you remember that, you'll also remember how it was quite expensive at the time and DDR ram was just too much of a bully for RDRAM to take off.

Continue reading 'Rambus loses $4 billion antitrust lawsuit again Micron and Hynix' (full post)

JB Hi-Fi's Direct Import, online-only store

By: Array

The Australian retail market has always been a funny thing, something available online for say $19.99 (like the t-shirt I'm wearing) is $49.99 here in stores, if not more. It's ridiculous and it seems that even a powerhouse retailer like JB Hi-Fi is feeling that pinch.

 

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Today they very quietly launched an online-only direct sales model, at first just selling DSLR cameras and accessories. These prices won't be offered in-store, with only the online store the only way to take advantage of the super-cheap pricing. The store is dubbed "direct import" and offers DSLR camera, lenses, flashes and grips. Funnily enough, it's undercutting its own bricks and mortar JB Hi-Fi stores in the process.

Continue reading 'JB Hi-Fi's Direct Import, online-only store' (full post)

"Google X", secret underground labs full of unicorn tears and rainbow skittle rides

By: Array

Now, if I had to fly somewhere in the world to do a story, it would be Google X. Most large enterprises like Google have something similar, Apple has reportedly had their room where Steve Jobs would tinker with unreleased, or fantasy products, but Google X... wow.

 

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Only a handful of people even know where this secret facility is located, and even less is known about the lab itself, or the people involved. Google will no doubt be working on some super secret and mind-blowing creations and concepts behind its closed, air-locked, arm-guarded doors. The New York Times reports that when Google employees were asked about the project, very few knew anything at all about it.

Continue reading '"Google X", secret underground labs full of unicorn tears and rainbow skittle rides' (full post)

US court verdict, rules that Twitter must open account of Icelandic MP to US authorities

By: Array

On Thursday last week, a US judge ruled that Twitter must release the details of Icelandic MP and former WikiLeaks volunteer Birgitta Jonsdottir's Twitter account and those of two other Twitter users linked to WikiLeaks.

 

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Jonsdottir learned that in January of 2011, her Twitter account was being watched by the Justice Department because of her involvement last year with WikiLeaks' release of a view showing a US military helicopter shooting two Reuters reporters in Iraq. Jonsdottir believes the US authorities want to use her information to try and build a solid case against WikiLeaks founder Julian Assange.

Continue reading 'US court verdict, rules that Twitter must open account of Icelandic MP to US authorities' (full post)

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