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Business, Financial & Legal Posts - Page 5

After calling out pirates, Kanye West spotted pirating

By: Sean Ridgeley | More News: Business, Financial & Legal | Posted: Mar 2, 2016 9:57 pm

Kanye West was recently considering legal action against those pirating his new Life of Pablo album, which makes it all the more amusing to learn yesterday he too was pirating.

 

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West accidentally outed himself on Twitter when he posted a screenshot of his browser to promote a Sufjan Steven song he was listening to; background tabs showed he had been searching Piratebay for a popular $200 music production program plugin called Serum. Even better, the plugin was developed by XferRecords, a company co-founded by fellow artist deadmau5.

Continue reading 'After calling out pirates, Kanye West spotted pirating ' (full post)

LG Electronics cleans up with record 28 iF Design 2016 awards

By: Chris Smith | More News: Business, Financial & Legal | Posted: Feb 29, 2016 4:34 pm

Described in a recently issued press release as a record winning experience, LG Electronics has cleaned up the recent iF Design 2016 ceremony with 28 awards in total, spread across the Gold Award and Design Award categories.

 

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The prestigious iF Gold awards were given to the LG Signature fridge, LG Signature Washing Machine, and Gram 15 laptop - a product that weighs in at 980g, measures at only 16.8mm thick and features a 15.6-inch screen.

 

The lower-level iF Design awards were where LG really dominated its competitors, being given to various products including the Signature OLED TV, portable speaker strap, Mini Beam LED projector, 24MP88 Monitor, LG G4 smartphone and more.

Continue reading 'LG Electronics cleans up with record 28 iF Design 2016 awards' (full post)

Around 1/3 of Mobile World Congress attendees used Airbnb

By: Anthony Garreffa | More News: Business, Financial & Legal | Posted: Feb 28, 2016 9:57 am

Airbnb has become a central source of professionals and everyday people getting accommodation, jumping out of the usual hotel bookings. With Mobile World Congress taking place last week, Airbnb was a popular choice for attendees with around 1/3 of MWC attendees using Airbnb accommodation.

 

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Mike Curtis, VP of Engineering with Airbnb, said that around 30,000 people at Mobile World Congress used Airbnb to stay in and around Barcelona, Spain. With 100,000 people attending MWC, the 30,000 that used Airbnb represents 1/3 of the total MWC attendance - a number that simply can't be ignored.

 

Curtis said: "Airbnb is becoming a much more mainstream thing now. A couple of years ago, I would attend a conference like this, and everybody would ask what 'Air Boom' was". Curtis added that most MWC attendees that used Airbnb booked their accommodation at the last minute, and over their mobile devices. Curtis added: "It's just an expectation now that you're going to be able to reach in your pocket and book something on Airbnb more often than not, instantly".

Samsung wins $120 million Apple patent dispute case following appeal

By: Sean Ridgeley | More News: Business, Financial & Legal | Posted: Feb 27, 2016 1:03 am

Apple and Samsung have been battling it out over mobile technology patents for years now, with Apple winning more often than not. Today marks a victory for Samsung, who recently appealed a ruling that would've seen it pay $120 million for infringing on Apple's quick links (the functionality that allows one to make phone calls from numbers seen on screen, among other things), slide-to-unlock, and auto-correct patents.

 

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The court ruled the quick links patent was not infringed upon, and that the latter two patents were invalid. More, Apple was found to infringe on a Samsung patent, although it's not clear which.

 

The decision was unanimous among three judges of the Federal Circuit, the country's top court specializing in patent cases. Nearly $99 million of the damages related to the quick links infringement.

AMD will reportedly reach record low CPU and GPU market share soon

By: Anthony Garreffa | More News: Business, Financial & Legal | Posted: Feb 26, 2016 5:40 am

It looks like AMD is about to hit an even rougher patch, with rumors from DigiTimes that "AMD is likely to suffer from a record low share of both markets in the first quarter of 2016", according to their industry sources.

 

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DigiTimes reports: "Demand for standalone video cards has already been sluggish given a weak PC market, and the market for standalone gra[p]hics cards continues to decline. In the already-shrinking market, AMD's rival NVIDIA has eaten away at its market share, the sources indicated". The latter part is true, with NVIDIA having 82% of the discrete GPU market - something we reported on in November 2015.

 

But AMD has reportedly been hurting on the CPU side of things thanks to an onslaught from Intel - and nothing really worthy of consumers and gamers moving away from their Intel-powered systems. We have AMD's exciting new Zen architecture around the corner, with DigiTimes' sources stating that it's still unknown if Zen is enough to save the company from more troubles. I agree there, but I think if Zen is as good as it looks on paper - and AMD has enough support from their partners, which I think are going to be an issue thanks to Intel's stronger relationships with the likes of ASUS and GIGABYTE - then we can expect some big changes from AMD in the near future.

 

When it comes to the GPU industry, Polaris is on schedule and ready to rock in June/July. We suspect AMD will tease something next month during the Game Developers Conference in San Francisco - and after hearing and writing about this news, let's hope they knock our socks off.

Foxconn puts brakes on $6bn Sharp acquisition

By: Sean Ridgeley | More News: Business, Financial & Legal | Posted: Feb 26, 2016 1:06 am

Taiwan's technology giant Foxconn was set to purchase struggling Japanese electronics maker Sharp for nearly $6 billion this morning until it discovered some concerning information released by the latter company yesterday. Now Foxconn is taking time to look over the details, but says it hopes to resolve the situation quickly and then complete the deal.

 

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Its concern is understandable: Sharp released a list of approximately 100 contingent liabilities that would see Foxconn inherit a potential $3.1 billion worth of risk should it take the company over, sources close to the matter say.

 

This latest disturbance is just one of many in the long-running on and off negotiations which date back to at least 2012.

Microsoft to acquire mobile developer software company Xamarin

By: Sean Ridgeley | More News: Business, Financial & Legal | Posted: Feb 25, 2016 3:02 am

Continuing its acquisition spree, Microsoft is set to snap up Xamarin, a company considered to possess the best mobile developer tools and resources anywhere. In combination with Visual Studio (which already made use of Xamarin) and the recently acquired Azure, this deal puts Microsoft in an excellent position from a mobile development standpoint. Terms of the deal were not disclosed.

 

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Xamarin's platform supports iOS, Android, and Windows, so users of all kinds will benefit from this deal. The company boasts over 15,000 customers in 120 countries, including over 100 Fortune 500 companies. Yeah, they're kind of a big deal.

 

Plans relating to the acquisition will be revealed in a few weeks at the Microsoft //Build conference in late March/early April as well as at Xamarin Evolve in late April.

Anti-virus company Enigma is suing community reviewer over bad review

By: Chris Smith | More News: Business, Financial & Legal | Posted: Feb 24, 2016 3:33 pm

http://www.techpoweru'Bleepin' Janitor' from the self-stated free technology community 'Bleeping Computer' purchased a SpyHunter License and unleashed a review to all readers on the forum. Enigma (SpyHunter creators) isn't happy with the negative review and has threatened legal action.

 

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Tech Power Up reported that Bleeping Computer says Enigma has been "bullying" this community into altering the scathing review, with a threat that non-censorship will result in a lawsuit.

 

While Bleeping Computer has publicly stated that the lawsuit is a waste of time it is still crowdfunding for an official defense, as seen in the pop-up advertisement above - something that appears when you first open the website. Enigma Software claims that this review is slanderous towards its software, while Bleeping Computer states that it is exercising its right to free speech by reviewing and reporting on a product as they see fit.

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Yahoo to start bidder search on Monday, reports claim

By: Chris Smith | More News: Business, Financial & Legal | Posted: Feb 22, 2016 2:31 pm

Bloomberg and ZDNet are telling us that Yahoo will start its look for bidders as soon as Monday, approaching companies and private equity firms alike.

 

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This announcement as a whole isn't too surprising given that Yahoo has already publicly announced a committee to deal with this task, with a slew of companies already pinpointed for a possible buyout. Bloomberg thinks that some large names are keen on this purchase, including the likes of Verizon, Comcast, AT&T, Bain Capital Partners, KKR & Co and TPG.

 

Bids are expected to kick off later on in March this year, coming amidst Yahoo's plans to restructure and focus its operations.

Fandango acquires both Rotten Tomatoes and Flixster

By: Anthony Garreffa | More News: Business, Financial & Legal | Posted: Feb 19, 2016 3:25 am

Theatrical ticket provider Fandango has just acquired Rotten Tomatoes and Flixster, which were both owned by Warner Bros. Entertainment, for an undisclosed sum of money.

 

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Warner Bros. has secured itself a minority ownership in Fandango, and will continue to serve as an ongoing strategic partner. Warner Bros. said that both Flixster and Rotten Tomatoes receive around 20 million unique hits per month, but with Fandango's magic and combined audience, it projects these numbers to grow to over 63 million per month. Fandango and Flixster's mobile apps have been downloaded over 100 million times, according to Warner Bros.

 

Fandango President Paul Yanover said that Rotten Tomatoes and Flixster were invaluable resources for movie fans, and they look forward to seeing their new acquisitions grow. The company wants to increase theatrical ticketing and super-serving consumers with all of their movie needs, with both sites continuing as consumer-facing brands. Fandango will however add its ticketing capabilities to the Flixster app in the coming months.

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