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In a new interview, Apple co-founder Steve Wozniak has revealed just how outright difficult Steve Jobs could be, even in the earliest days of Apple.
Some early Apple employees said they would never, ever work with Jobs again if they could help it - and Wozniak described these workers as some of the brightest and among his best friends in Apple. "Steve Jobs had a lot of these questionable things, like some of my very best friends in Apple, the most creative people who worked on the Macintosh, almost all of them said they would never, ever work for Steve Jobs again," Wozniak said, speaking with the Milwaukee Business Journal. "It was that bad. I'm shocked."
However, Woz went on to say that from the early days, Jobs really respected people who would stand up to his pushy attitude. "He would directly confront people and almost call them idiots," Wozniak said. "But ... when they confronted him back and told him why they were right in understandable forms, he was just testing and learning, and he would respect those people and give them high privileges in the company." In the interview, as BusinessInsider points out, Wozniak also revealed that in the early days, Jobs would be happy to rush products out before they were ready.
Lenovo has got the green light to go ahead and buy IBM's low-end, x86 server business.
The January deal was subject to examination from the Chinese Ministry of Commerce's anti-monopoly group. Lenovo offered a stonking $2.3 billion for its stake into the low-end server market. It's expected to be finished before the year's through, but is still subject to the usual checks and balances from regulators in the United States.
There is a chance two enormous multinational corporations from such sensitive geopolitical territories could stoke fears about the potential for corporate or political espionage. But China, at least, has now given it the OK. Lenovo is well regarded for its consumer computers - and this business itself was a buyout from IBM, demonstrating that despite some paranoia in the West it's perfectly within reason for a Chinese company to perform well in the markets.
HTC promised the world good things with its new flagship smartphone, the One M8, and now, it has delivered. The Taiwanese smartphone maker has just posted $92 million in profits from $2.2 billion in revenue this quarter.
After a very long period of time bleeding both sales and money, this is a good turn around for the company. Sure, it's not Samsung or Apple money, but it's profits instead of losses. And in an even more competitive world, this is a good sign for the company. The company recently launched the One M8 Ace, which has a plastic body, and the One Mini, which should help those profits a little more.
It wasn't even a week ago that we reported that Crytek wasn't paying some of its staff on time, but now according to people familiar with the matter, Crytek's UK office has seen the majority of its employees stop coming into work.
Kotaku's Jason Schreier has "spoken with four people connected to Crytek's UK studio" and according to those people "Crytek's UK staff have still not been paid the full amounts they are owed, and this week, according to two sources, the staff at Crytek's UK office handed in formal grievance letters and went home".
One person familiar with the studio has said that an estimated 100 people have left the company, but we don't know if these people have left permanently or not. The new rumors are that Deep Silver, the studio behind Dead Island, the Metro series, Saints Row IV and Homefront: The Revolution (which the Crytek UK studio is currently working on) will buy Crytek. One source said: "They have invested a lot in Homefront and will want to protect their investment". We should see some movement on this story in the coming weeks.
Electronic retail powerhouse Amazon is resisting proposals from the FTC concerning in-app purchases made by minors.
According to the American regulator, thousands of customers have filed complaints about unauthorized in app charges. In some instances, these were in excess of hundreds of dollars. The FTC has claimed Amazon neglected to properly acquire informed consent from parents over the charges. The FTC argued notices about in-app purchases should be clearer, and that ideally a password would be required for each and every purchase. "The commission is focused on ensuring that companies comply with the fundamental principle that consumers should not be made to pay for something they did not authorize," an FTC spokesperson said, according to ZDNet. "Consumers using mobile devices have the same long-established and fundamental consumer protections as they would anywhere else." It was made mandatory for Amazon to obtain informed consent in June this year.
Amazon, however, is resisting the complaints. "When customers told us their kids had made purchases they didn't want, we refunded those purchases," said Amazon associate general counsel Andrew DeVore, adding that the app store "includes prominent notice of in-app purchasing, effective parental controls and real-time notice of every in-app purchase."
Facebook has announced its plans to buy one of the biggest video advert sellers in the world, LiveRail, shortly after introducing its video-only ads on the network.
The price is hush hush at the moment, but LiveRail is responsible for automating video ad sales for massive clients like Major League Baseball and Dailymotion, AdAge reports. Because they're automated, publishers are able to simply upload whatever they've got into the LiveRail system, which then finds buyers in live auctions.
"When we started talking to the team at Facebook about how we could work together, it quickly became clear that we shared a vision for the future of digital advertising," Liverail's Mark Trefgarne said in an official blog post. "They believed, as we do, that publishers deserve a new generation of audience-aware advertising technology." What does this mean for the end-user? It's not 100 percent, but we'd wager Facebook users can expect to see a lot more video ad estate on their pages.
Goldman Sachs accidentally sent out an e-mail recently, which contained "highly confidential" information, to the wrong person. The investment banking firm is now requesting that Google somehow unsend the e-mail.
Reuters is reporting that a Goldman Sachs contractor was testing changes to the company's internal systems, in order to meet the requirements set out by the Financial Industry Regulatory Authority. The contractor then mistakenly sent out a client's confidential brokerage account information to someone's Gmail account, instead of the correct gs.com account.
This all happened on June 23, which means that whoever received the e-mail, has probably read it. But, Goldman Sachs wants to see its power used, pushing a US judge to issue a court order demanding that Google delete the e-mail, in order to protect itself, and its customer from further damages. Before Goldman Sachs went to court, the firm reached out to the Gmail account owner, but received no response.
More than 40 bidders were unable to keep Tim Draper, a Silicon Valley entrepreneur, from purchasing the entire lot of 30,000 bitcoins auctioned by the US government. Instead of just flooding the market with the bitcoins, Draper has teamed up with bitcoin exchange company Vaurum, and wants to expand cryptocurrency use worldwide.
"With the help of Vaurum and this newly purchased bitcoin, we expect to be able to create new services that can provide liquidity and confidence to markets that have been hamstrung by weak currencies," Draper said in a statement. "We want to enable people to hold and trade bitcoin to secure themselves against weakening currencies."
The seized bitcoins were valued near $19 million, and Draper won every single lot - but won't say how much he spent to dominate the auction.
Samsung will be shutting down the last of its plasma panel screen production by the end of this year.
Although plasma TV sets have been in decline for some time, this will be a serious nail in the coffin for the technology along with Panasonic's exit late last year. According to a statement, Samsung SDI will instead invest cash and resources in the energy and materials sectors, and an overall decline in demand for the sets has been cited as the main contributing factor. The news comes amid rumors that LG, another of the three major players in plasma, is also seeking to exit the business.
"We plan to continue our PDP TV business until the end of this year, due to changes in market demands," a Samsung spokesperson told CNET. "We remain committed to providing consumers with products that meet their needs, and will increase our focus on growth opportunities in UHD TV's and Curved TV's."
A man in Ireland has been fined 2,000 euros - or nearly 3,000 US dollars - for defacing his ex-girlfriend's Facebook profile, a landmark case that could set the precedent on the legality of online vandalism.
It seems to be the first time posting from someone else's Facebook has been ruled illegal, but an Irish court decided he had violated the Criminal Damage Act, which typically covers private property. He was found guilty of posting a malicious status update by using her phone.
The man was originally faced with and later acquitted of a series of more serious crimes, Engadget reports, but pleaded guilty to the profile defacement. A financial penalty was considered most appropriate, and the judge ruled that the update damaged the good name of the victim, even though it was taken down.