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Business, Financial & Legal Posts - Page 294

Foxconn CEO talks about suicides

By: Array

Something has been amiss with employees at Foxconn. A number of workers at the factory have committed suicide in recent months. Yesterday the 11th Foxconn worker to jump from a factory building was reported.

 

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The worker was a 19-year-old man and he became the ninth worker from the factory to die in a suicide attempt. The worker had only been at Foxconn for a month and a half.

 

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MIT invents cheap gesture based computing tech

By: Array

Gesture and touch based computing is growing in popularity and in use around the world. Many notebooks and laptops today come with track pads that support gestures and many phones and computers use touch screens as well.

 

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MIT has developed a cheap way to get Minority Report style gesture computing by having the user wear some crazy bright gloves with splotches of color on them. The computer recognizes the colors and can tell what gesture is being made by the color scheme.

 

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Deal of the Day: Chase Sapphire Card with No Annual Fee, 10K Bonus Points, 24/7 DEDICATED Customer Service and More

By: Array

Our Deal of the Day today is the Chase - Chase Sapphire Card with No Annual Fee, 10K Bonus Points, 24/7 DEDICATED Customer Service and More!.

 

Offer: Receive 10,000 bonus points with your first purchase, earn 2 times the points for airfare bookings, 10 times the points for every dollar at select merchants, premium travel protection benefits, 24 hour 7 day a week LIVE dedicated customer service advisors, unlimited amount of points that can be earned and no annual fees! This is a card for those of you who have good credit rating but have had your current non-Chase credit card do strange things with your rewards or benefits.

 

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Wii sales drop 21% in a year

By: Array

The Nintendo Wii was selling in droves for the first few years it was on the market when the devices were so hard to find. After the supply caught up with demand, profits for Nintendo from the console started to slump.

 

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Sales of the Wii are now said to have dropped 21% in a single year's time. Sales of software have also dropped along with console sales.

 

The DS is said to have declined as well with a 12% drop. The DS sales will increase undoubtedly with the 3DS on the horizon. Perhaps a new Wii that has more to offer than a new color will be coming. The console needs HD graphics.

 

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Google acquires software maker, BumpTop

By: Array

Google has just swallowed up another software maker; this one a canadian based mob known as BumpTop which is known for its 3D desktop environment for both Windows and Mac.

 

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You may have noticed this software bundled with select Sapphire and HIS Radeon graphics cards. It allows the user to interact with their media in a new way, giving a 3D desk-like view that supports multi-touch as well.

 

If you think you could make good use of it you should be quick to head over to BumpTop's website and download it while it's still free and accessible; apparently only 'till the end of this week.

 

It is not known how much Google handed over for this acquisition.

 

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Microsoft Courier concept terminated

By: Array

You might recall that cool dual screen Courier concept that Microsoft was showing off. I know I was looking forward to seeing how the device turned out. If you were interesting in the project, we have bad news today.

 

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Microsoft has decided to kill off the Courier tablet. The cancellation is surprising considering that we had been hearing the device was on track to hit stores in 2011.

 

Microsoft's Frank Shaw told Gizmodo, "At any given time, we're looking at new ideas, investigating, testing, incubating them. It's in our DNA to develop new form factors and natural user interfaces to foster productivity and creativity. The Courier project is an example of this type of effort. It will be evaluated for use in future offerings, but we have no plans to build such a device at this time."

 

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Apple to shutter Lala next month

By: Array

Anyone with half a brain knew when Apple purchased online music service Lala that its days were numbered. Apple was either looking to axe some competition or was out to integrate Lala into its own online subscription music offering (or both).

 

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I know I am hoping for the second option and according to TechCruch sources are telling it that is exactly what will happen and perhaps as early as June. Lala will be available for existing subscribers until May 31. No new subscribers are being accepted.

 

Apparently, anyone with money left in Lala will have the funds transferred over to iTunes. I know many folks who may be sad to lose Lala, but will be hopeful that Apple finally offers that subscription service.

 

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Steve Jobs smacks Adobe around in an open letter

By: Array

Steve Jobs has had enough of folks complaining that he won't let his products support Flash. In fact, he figures that people should just embrace HTML5 and move on.

 

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The open letter was titled "Thoughts on Flash" and rambles on citing the proprietary nature of Flash and the open nature of HTMLK 5 and so forth. Steve really dislikes Flash.

 

Part of the letter reads, "Flash was designed for PCs using mice, not for touch screens using fingers. For example, many Flash websites rely on "rollovers", which popup menus or other elements when the mouse arrow hovers over a specific spot. Apple's revolutionary multi-touch interface doesn't use a mouse, and there is no concept of a rollover. Most Flash websites will need to be rewritten to support touch-based devices. If developers need to rewrite their Flash websites, why not use modern technologies like HTML5, CSS and JavaScript"

 

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HP acquires Palm for 1.3 Billion

By: Array

It's been known for quite a while Palm has been struggling to keep its head above water and the marketplace tells the story pretty quickly they've been failing to compete at a required level to survive in the ever growing, fast paced smartphone world.

 

At this rate, the end of the road for the company is not all that far away unless something drastic takes place. And that's exactly what's just happened. HP has just announced it's swallowing them up for 1.2 Billion, working out to about $5.70 per share of Palm common stock.

 

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The deal is set to close on July 31 which is in timely fashion with the end of HP's Q3 fiscal year. From what is known this early on, Pam's CEO Jon Rubinstein is sticking with the company but how operations will change is anyone's guess at this point; it's all speculation.

 

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NVIDIA denies rumors of low Fermi GPU yields

By: Array

The rumors and rumblings that the yields on the new generation of Fermi GPUs from NVIDIA have been exceedingly low have been swirling for a long item now. So far, NVIDIA has been quiet and hasn't offered any official stance on the subject.

 

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That changed this week when DigiTimes interviewed NVIDIA MCP general manager Drew Henry. Henry stated that the rumors that yields on Fermi GPUs were 20% or less are completely untrue. Henry says NVIDIA has everything under control.

 

Henry was also asked in the interview why NVIDIA didn't have GPUs with 512 cores and speculation that the lack of 512 core GPUs was due to the low yields. Henry stated that GPUs with 512 cores would be coming in the future, but didn't comment on any specific products.

 

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