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The latest reports from Nikkei is that Sony will not be renewing its large contract with FIFA for sponsorship, with the Japanese electronics giant to spend the money on structural reforms.
Sony started sponsoring FIFA back in 2005, with the company signing an eight-year contract worth $277 million. Nikkei is reporting that Sony was involved with sales and marketing in over 40 soccer tournaments during that time, something that included the bigger 2010 and 2014 World Cup matches.
Sony has been experiencing some massive hurdles lately, with an operating loss of $766 million in October, riding on the back of the 13.5 million PlayStation 4 consoles being shipped from its Games and Network division. Not only that, but the company has increased its loss forecast to $2.15 billion in September, after it downgraded its mobile and smartphone business by a large $1.68 billion. The company has also restructured its TV division, and sold off its VAIO PC brand back in February, too, which saw 5000 jobs cut from the company.
Finland is becoming one of the first countries in the world to push kids into keyboard skills, where starting in autumn 2016, the country will no longer have cursive as a compulsory part of the school curriculum. Instead, they will have kids learning keyboard skills and "texting". While keyboard skills are definitely required, texting skills?
Learning keyboard skills is definitely a vital part of education these days, with computers and technology in all of our lives, but many countries still consider learning to type a low-level skill that kids can just "pick up". It's great to see Finland moving toward this model, let's hope it's picked up by the rest of the world soon.
We still live in a world controlled by mostly 28nm technology, but 20nm is popping its head over the horizon, and 16nm is floating in over that same mountain. Samsung has reportedly moved into volume production of its 14nm FinFET technology, which is a big deal.
Samsung will be building its next-gen Exynos processor on its own 14nm process, but both Apple and AMD will be benefiting from Samsung's super-small process. Intel is moving toward the mass production of 14nm 3D transistor technology, with its Broadwell-based Core M processors already shipping, but Samsung is right behind them ready to go for AMD, Apple and of course, itself.
Comparing 14nm against 20nm, we can expect the core area to be reduced by 15%, reduced power consumption by up to 35%, or an increase in processor frequency of 20%. Samsung will be the first to use its 14nm process, but I'm sure Apple will be right behind it with its upcoming A9 processor, which Samsung will build for its arch rival. So we can expect Apple's next-gen iPhone to have Samsung's technology at the heart of it, again.
Since being introduced in 2009, it has taken years of existence before the bitcoin cryptocurrency started causing concern for most lawmakers. Now, many US states are seeing different oversight and possible regulation of bitcoins - and the matter isn't going to get any easier.
State and federal agencies want to try to regulate bitcoins, even while saying the cryptocurrency isn't a traditional currency, while many supporters want a hands-off approach. However, state regulators are watching one another to see what is happening, and how interactions with bitcoin backers can be done in a respectful, knowledge sharing manner. States such as New York and Texas want to have some type of bitcoin licensing system, and others will wait-and-see on possible oversight.
"In order to prevent money laundering, we need to have some points within the ecosystem where the financial intermediaries have some sense of who they're dealing with," said Benjamin Lawsky, New York financial services superintendent. However, the US Consumer Financial Protection Bureau doesn't necessarily disregard bitcoin, but warns supporters they are effectively "stepping into the Wild West."
The Internet of Things market is growing rapidly, and is attracting more attention from US technology and telecoms buyers, according to the Hampleton Partners' report. More than $9.4 billion has been spent since 2011 to help acquire IoT suppliers, with a whopping $5 billion of that spent during 2014 so far.
Expect to see Intel, Texas Instruments, Juniper Networks, Johnson Controls and AT&T become more active in acquiring - and creating partnerships - that will help bolster their IoT product lines. There will be an estimated 28 billion Internet-connected devices by 2020, and a global market valued at more than $7.1 trillion - and that figure will only grow as reliable Internet continues to be expanded worldwide.
Meanwhile, IoT will be one of the fastest growing market segments, and spending to support the blossoming market is expected to be $59 billion by 2020. Such wide market growth presents excellent opportunities for manufacturers, especially by releasing consumer technology solutions.
LG's CEO has just stepped down, with Dr. Jong-Seok Park citing health problems as to why he's stepping down from the company. He will be replaced by Juno Cho from LG's holding company.
With the company posting record high sales, and increased profits, a change of leadership could continue this into the future. The G3 is doing well, and the company seems to be capitalizing on it, which is good to see.
President Obama has just signed the E-Label act into law today, which will see the logos on the back of our smartphones not required in the future.
The labels will be replaced by software on the device itself, with the device that will benefit the most being the iPhone, which has logos splashed along the bottom of it. The E-Label law passed through the House unanimously, and then again through the Senate without an issue. Manufacturers can now remove the logos, which will also save them money.
Megaupload founder Kim Dotcom said he is "broke," after spending upwards of $10 million on legal expenses, and is now forced to represent himself at a bail hearing next week. The Simpson Grierson law firm stepped down representation of Dotcom two weeks ago, but hasn't issued a public statement regarding the case. The FBI says Dotcom received more than $200 million in "criminal proceeds," as Dotcom traveled the world, living an extremely high-profile lifestyle.
"The [US authorities] have certainly managed to drain my resources and dehydrate me, and without lawyers I am defenseless," Dotcom recently said. "They used that opportunity to try and get my bail revoked and that's what I'm facing."
Dotcom faces extradition to the United States to face piracy charges - as the US government continues to be heavily influenced by copyright groups, lobbying politicians and lawmakers - as Dotcom wished he didn't try to become involved in New Zealand politics. In addition to dumping millions into the failed campaign, many Dotcom supporters eventually turned on him.
To counter package theft, and make e-commerce shopping and delivery easier, San Francisco Bay Area startup Doorman will deliver packages to customers. The service costs $4 per package, or frequent ecommerce buyers can pay $19 or $29 per month for the silver and gold packages. Deliveries are made from 6:00PM until midnight, currently available only in San Francisco.
"Once it arrives, we notify you on your phone and then you use the Doorman app to schedule a delivery on your phone until midnight, seven days a week," said Zander Adell, Doorman founder.
Doorman is designed to make it more convenient for residents to receive their packages, while also helping prevent against theft. Throughout some parts in the Bay Area, package theft - taken off house porches and from apartment doorsteps - as thieves tend to take packages while people are away from their house in the afternoon.
Amazon is trialling a new marketplace for service providers, something it calls Selling Services, which wants to hook buyers up with professionals who can install, or perform services.
This will have shoppers buying a product that requires installation, like a wall-mounted TV, after which they'll be offered the opportunity to look at an approved list of local service providers. If you do find an installer that can do what you require, click the Add the Cart button and it'll be included with your purchase. The Amazon-approved installer will be covered by a money-back guarantee, with the e-commerce giant running a business background check for any and all service providers, and personal background checks on technicians.
Amazon will take 20% of the service fee on jobs worth up to $1000, while jobs over $1000 will see Amazon taking 15%. Background checks will cost $50 per business, and $40 per participating employee. Amazon is trialling Selling Services in over a dozen cities and surrounding areas across the United States.