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Business, Financial & Legal Posts - Page 275

Resistance Is Futile: Fraunhofer IPMS Announces Borg Vision, Pleases The Collective

By: Array

Fraunhofer IPMS announced today a working protoype of the world's first Borg vision. That is, a bidirectional and eye-tracking OLED micro-display. For the layperson, that's transparent screen on which you can see digital content. And it looks like this:

 

TweakTown image news/1/9/19461_010_resistance_is_futile_fraunhofer_ipms_announces_borg_vision_pleases_the_collective.jpg

 

So basically, reflected light that generally assaults your eyes are used to overlay digital information through the eyepiece. Imagine the Monocle function in the Yelp application, but as you are walking around in real-time, without holding your iPhone out in front of you the entire time. Even better, since its an "eye-tracking" piece of hardware, it always knows where you're looking(!), allowing all sorts of interesting uses in the way of photo recognition, facial recognition, natural feature tracking, and social networking.

 

This bodes very, very well for Augmented Reality development, and if Fraunhofer can make sure this stuff hits industrially before it hits commercially, we'll have all kinds of crazy stuff happening, all in the blink of an eye. Too cheesy? Press release to follow.

 

Continue reading 'Resistance Is Futile: Fraunhofer IPMS Announces Borg Vision, Pleases The Collective' (full post)

Samsung fights back! Claims Apple is violating their wireless technology patents

By: Array

Samsung have fired back at Apple after Apple slapped them with a lawsuit saying that Samsung have copied their iPhone and iPad designs with the Galaxy phone and Galaxy Tab range. Samsung provide Apple with semiconductor chips and display panels for Apple's mobile products and have not (to this point in time) sued Apple for infringement but obviously Apple have pushed Samsung over the edge and now they're fighting back saying:

 

TweakTown image news/1/9/19431_7_samsung_fights_back_claims_apple_is_violating_their_wireless_technology_patents.jpg

 

"We have no choice but to respond strongly this time".

 

Continue reading 'Samsung fights back! Claims Apple is violating their wireless technology patents' (full post)

Meizu Invites Apple Ire By Moving To USA, Joins Already-Hopping Litigation Party

By: Array

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What? Apple is redubbing their iPhone 5 as the "M9"?! Nope. But that's probably why Apple's going to sue Meizu as soon as they step foot in the country. According to Electronista, the Chinese tech company is planning on opening an office in California, from which it would market its suspiciously familiar-looking portable products, the M9 (pictured above) and the M8. These phones certainly have the look and feel of a post-pc device, and though Apple hasn't followed up on some patent claims they filed against the M8, but I mean, c'mon Meizu. You're just asking for it.

 

Apple has already accused Samsung of infringement because the latter makes portable rectangular things that surf the web. What do you think they're going to do when your device, ya know, pretty much looks the exact same.

 

Best of luck Meizu!

 

Apple slap Samsung with a lawsuit, claim they've copied the iPhone and iPad

By: Array

Apple is not happy with Samsung, they've filed a patent infringement lawsuit against Samsung (who have just sold their HDD operations to Seagate btw!) for the Galaxy-branded line of products. Apple is claiming that Samsung have infringed on their rights with the Galaxy S phones and Tab by violating various patents which were assigned to Apple by US PTO.

 

TweakTown image news/1/9/19428_157_apple_slap_samsung_with_a_lawsuit_claim_they_ve_copied_the_iphone_and_ipad.jpg

 

Apple also think that the Galaxy S phones and Galaxy Tab look like their iPhone and iPad, which is a violation called "trade dress". Apart from sounding like Apple are saying Samsung are cross-dressing, Apple are seriously pissed about this and are claiming that the Galaxy Tab took its design from the iPad with the same aspect ratio, rectangular shape, rounded corners (oh no!) and similar black border - referencing the similarities found in the iPad.

 

Continue reading 'Apple slap Samsung with a lawsuit, claim they've copied the iPhone and iPad' (full post)

Poker Site Founders Get Bitchslapped By US Department Of Justice

By: Array

TweakTown image news/1/9/19406_025_poker_site_founders_get_bitchslapped_by_us_department_of_justice.png

 

Eleven defendants, including the founders of online gambling sites PokerStars, Full Tilt Poker and Absolute Poker are the subject of a United States Department of Justice indictment, unsealed today. The indictment charges the defendants with bank fraud, money laundering, and illegal gambling offenses. Authorities in New York also issued restraining orders against more than 75 bank accounts, and seized five different internet domain names. Damn, that's cold.

 

Evidently, Manhattan U.S. attorney Preet Bharara has charged Isai Scheinberg and Raymond Bitar, founders of PokerStars and Full Tilt Poker, respectively, and nine other defendants with fraudulently scheming to thwart a 2006 antigaming litigation that prevents US banks from processing online poker payments. Bharara said in a statement:

 

As charged, these defendants concocted an elaborate criminal fraud scheme, alternately tricking some U.S. banks and effectively bribing others to assure the continued flow of billions in illegal gambling profits.

This is some pretty serious stuff, poker dudes. I have multiple friends that are professional poker players and spend a good deal of time online. The saddest thing about all of this is that the fallout from some greedy and shady dudes doing greedy and shady things is going to hurt the people that actually ma

 

Continue reading 'Poker Site Founders Get Bitchslapped By US Department Of Justice' (full post)

Social Media Startup Social Guide Secure $1.5 Million Seed Funding

By: Array

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Social is just everywhere these days. Yesterday we had news of GetGlue's 1 Million users, and today it's New York City startup SocialGuide announced the beginning of what could be a very promising future with a seed round of $1.5 million from angel investors, including Alex Zubillaga:

 

With more than half of the nearly 300 million Americans who watch TV having a second screen experience, the market is ripe for a social TV product that connects with consumers and networks. SocialGuide is the only product that is built around the existing social TV behavior that is happening with millions of consumers across the most popular social networks. Consumers now have one place to enjoy their favorite programming, and networks have a way to more deeply engage with their audience

CEO Sean Casey believes that the social TV space is "nascent", and spoke of the pending improvements to SocialGuide's already strong interface and user experience. SocialGuide is essentially a social data collecting service that filters and displays millions of discussions occurring in real time about televised media, and ranks them according to popularity. SocialGuide also makes it very easy to share this type of information throughout your various social networks

 

Continue reading 'Social Media Startup Social Guide Secure $1.5 Million Seed Funding' (full post)

Taiwanese NMA Animation Has Zuckerberg Pissing All Over Ceglia Emails As Lawsuit Battle Continues

By: Array

TweakTown image news/1/9/19380_012_taiwanese_nma_animation_has_zuckerberg_pissing_all_over_ceglia_emails_as_lawsuit_battle_continues.png

 

If you haven't heard the news today, an upstate New York entrepreneur and convicted felon Paul Ceglia is suing Facebook founder and CEO Mark Zuckerberg for over 50% of the company. Paul, proud owner of the two shiniest, brassiest balls on the planet might actually have a case though. Evidently Zuckerberg accepted $1000 for exchange of half of a company he refers to as "the Face Book" in various email exchanges with Ceglia, who is being represented by reputable international law firm DLA Piper. He is not, as they say, @#$%ing around.

 

Seven years later, after already having been convicted of fraud for his woodchipper fuel company (I know, right?), Ceglia stumbled upon these emails and contracts while researching his defense for his fraud case. If you want to take a look, the evidence is pretty solid, and DLA wouldn't stake their reputations on evidence that was shoddy.

 

Facebook, wonder of wonders, is claiming that Ceglia fabricated all of the emails and contracts. Honestly, I'm really curious as to how this one will play out.

 

Continue reading 'Taiwanese NMA Animation Has Zuckerberg Pissing All Over Ceglia Emails As Lawsuit Battle Continues' (full post)

Google Invests $168 Million In Tower Of (Solar) Power

By: Array

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Silicon Valley's favorite search engine giant just dropped a whopping $168 million in a new solar energy plant in California's Mojave Desert designed and developed by BrightSource Energy. Google is counting on BrightSource's Ivanpah Solar Electric Generating System (ISEGS) to generate 392 MegaWatts (gross) of minty-fresh clean solar energy. In a blog post today, Google wrote:

 

That's the equivalent of taking more than 90,000 cars off the road over the lifetime of the plant, projected to be more than 25 years.

Which would be no small contribution to our nation's energy qualms, something Google is clearly dedicated to aiding as the tech firm has now invested more than $250 million in the future of clean, renewable energy. Google is investing in the proven technology of "Power Towers", which use fields of mirrors (heliostats) to focus solar rays onto a receiver placed on top of a large tower (seen above in the photo). According to the post, the first use of the technology was the fabled existence of Archimedes' heat ray that used a similar system to focus solar energy to burn the sails...

 

Continue reading 'Google Invests $168 Million In Tower Of (Solar) Power' (full post)

RumorTT: AMD is hiring to add Android support

By: Array

DigiTimes is reporting that AMD are recruiting talent for the development of Android driver software, AMD is also looking to eventually offer its notebook and tablet PC partners chipset solutions supporting the Android platform. Later this year in June, the Computex Taipei trade fair will run with companies like Lenovo, Fujitsu and Samsung Electronics showcasing a number of tablet-based PCs built on Intel's Oak Trail platform.

 

TweakTown image news/1/9/19331_5_rumortt_amd_is_hiring_to_add_android_support.jpg

 

Meanwhile Micro-Star Internation (MSI) will begin marketing its latest tablet PCs built on AMD's Brazos APU. Acer was the start of companies using the Brazos platform and with the launch of Brazos-based tablets from MSI, this is a sign that AMD's APUs are finally beginning to lift off.

 

US Department of Justice Approves Google's ITA Bid

By: Array

In an interesting game of cat and mouse, the United States Department of Justice has approved Silicon Valley's most successful tech company's intent to acquire ITA, a travel information search service based in Cambridge, MA.

 

The DoJ filed a consent decree with the conditions that Google continue to license ITA"s tech to existing clients such as Kayak and maintain the fairness of its current availability. Also in the decree consent were stipulations that Google erect firewalls to ensure that ITA data is blocked from other areas of Google.

 

Interestingly enough, the DoJ has evidently filed a civil antitrust lawsuit to block the impending acquisition of ITA if Google did not consent to the conditions. Google really didn't have a choice, especially with the rampant antitrust allegations running around, as recently reported by Bloomberg.

 

Google was very happy to accept the terms and conditions, and posted the following on their blog today:

 

It's important to us that ITA continue with business as usual, providing great service to its business partners. We indicated last July that we would honor ITA's existing contracts. Today we've formally committed to let ITA's customers..

Continue reading 'US Department of Justice Approves Google's ITA Bid' (full post)

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