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Business, Financial & Legal Posts - Page 7

Intel's IDF event is no more, company shifts strategy

By: Steven Bassiri | More News: Business, Financial & Legal | Posted: 1 week ago

Moving from a PC-centric company to a more datacenter driven one, Intel recently announced that IDF 2017 will be cancelled, and that going forward there will be no more Intel Developer Forums.

 

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Instead, Intel has told us that they will focus on a broader range of industry events. Going forward, TweakTown was told to expect more events such as Intel's Technology and Manufacturing Day and Intel's Artificial Intelligence Day. Intel also told us to expect a more pronounced presence at events, where we don't typically see Intel, such as SXSW and even the LA Auto Show.

 

This pronounced shift in Intel's strategy comes on the heels of Intel's latest restructuring announcements. IDF has been one of the staple events of our industry, but it was clear that in the past few years the event had shifted from mostly PC-focused to 5G/IoT/DataCenter/PC/AI/etc. focused. Last IDF, we saw technologies from almost every corner of the industry, three days almost wasn't enough to see everything.

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AMD acquires Nitero for their 60GHz Wi-FI for VR/AR tech

By: Anthony Garreffa | More News: Business, Financial & Legal | Posted: 1 week, 6 days ago

Nitero has been a company getting its name into headlines by teasing that it was working on phase-array beamforming millimeter wave 60GHz chip for VR headsets, with the fabless semiconductor company based in Austin, Texas - perfect for AMD with its base there.

 

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AMD acquired Nitero without many details, but the deal includes Nitero's wireless virtual reality IP, and all of its employees, with Nitero co-founder and CEO, Pat Kelly, joining AMD as their new Corporate Vice President, Wireless IP. AMD's Chief Technology Officer and Senior Vice President, Mark Papermaster, said in a press release: "Unwieldly headset cables remain a significant barrier to drive widespread adoption of VR. Our newly acquired wireless VR technology is focused on solving this challenge, and is another example of AMD making long-term technology investments to develop high-performance computing and graphics technologies that can create more immersive computing experiences".

 

The future that AMD buys with the acquisition shows their commitment to the next generation of VR technology, as the high-end 60GHz wireless technology will allow massive amounts of bandwidth to be blasted between the base station and your next-gen wireless VR headset. It will allow high-quality VR at much higher resolutions than we have today, at much higher refresh rates than we have today, in room-scale VR environments without the base station needing to be in line of sight.

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Samsung to pay $11.6 million to Huawei over patent case

By: Lana Jelic | More News: Business, Financial & Legal | Posted: Apr 6, 2017 6:24 pm

A Chinese court has ordered Samsung to pay 80 million yuan (around $11.6 million) to Huawei for patent infringement.

 

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The verdict is the result of a lawsuit filed by Huawei in May in China and the United States. A spokesman for Huawei said that the company welcomes the court's decision.

 

Huawei sued Samsung for making and selling more than 20 devices (smartphones and tablets) that are said infringed the patent. One of those devices is the Galaxy S7.

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Tesla's quarterly report shows record deliveries

By: Lana Jelic | More News: Business, Financial & Legal | Posted: Apr 3, 2017 6:26 pm

Tesla Motors has announced their quarterly results which show that the company's deliveries have jumped by 69% compared to the same quarter last year.

 

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The company delivered a record of 25,000 vehicles - 13,450 Model S and 11,550 Model X. Tesla's production in the first quarter also hit a quarterly record by manufacturing 25,418 vehicles.

 

Tesla has said it expects to deliver 47,000 to 50,000 Model S and Model X vehicles combined in the first half of 2017.

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Apple rumored to consider purchasing Disney

By: Anthony Garreffa | More News: Business, Financial & Legal | Posted: Mar 27, 2017 6:32 am

If there was ever a wild rumor for 2017, it would be that Apple is considering an acquisition of Disney - you know, the company that owns Marvel, LucasFilm, and Pixar - and is a giant on its own.

 

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Apple is just as massive in the consumer electronics business, and with $200 billion in cash laying around, Apple could really stir up the entire world with an acquisition of Disney. With the largest cash reserver for a private company in history, Apple would own the rights to IP like The Avengers, Toy Story, Star Wars, Frozen, and so many more with an acquisition of Disney.

 

Now imagine all of that content having its parent company Apple, provide them with the rights to use their products like iPhones and Macs in their movies and TV shows - without the why-do-they-bother crappily made custom OS for a shot of a smartphone in a movie, or the fact that they're using an iPhone or Mac and they put tape over the logo. Imagine actual product placement, without it needing to be, and by a company as large as Apple - in movies as big as Iron Man, for example.

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HMD Global wants Nokia in the top 3 phone manufacturers

By: Lana Jelic | More News: Business, Financial & Legal | Posted: Mar 22, 2017 5:36 pm

Since HMD Global started manufacturing Nokia-branded phones, it has become clear that the company has big plans for the once mega-popular brand.

 

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At MWC in Barcelona, the company launched three Android smartphones and announced the return of the iconic Nokia 3310.

 

Speaking in a recent interview, Tomislav Himbele, Head of Marketing for Eastern Europe at HMD Global, confirmed that the company has big plans. Answering the question where does HMD see themselves in the next three years, Himbele ambitiously responded: "In top three. Pushing out Apple or Samsung or Huawei...or all 3 of them."

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eBay launches guaranteed 3-day shipping service

By: Anthony Garreffa | More News: Business, Financial & Legal | Posted: Mar 22, 2017 7:10 am

Amazon is a leader in next-day and guaranteed 3-day delivery, but now eBay is joining in on the delivery market with their new "Guaranteed Delivery" service - where eBay will guarantee shoppers their products will be delivered within 3 days.

 

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There will be over 20 million products offered under eBay's new Guaranteed Delivery program, and will roll out across the US starting in summer. With over 1.1 billion items on eBay on a good day, 67% of them ship for free while 63% of them are delivered within 3 days or less. The new "Guaranteed Delivery" items will see eBay offering refunds or a coupon if your delivery isn't on time.

 

eBay will soon let buyers filter their searches with 1-, 2-, and 3-day delivery items - while qualified sellers will enjoy new shipping tools that they can tweak to offer their customers more accurate delivery times. As Engadget points out, we're in a world where Amazon can offer 1-hour - not 1-day, deliveries - eBay needs to catch up, and offer the technological foundation for on-the-spot tracking for deliveries.

 

The company hasn't stopped with Guaranteed Delivery, eBay now rocks a new home page that is very Amazon-like. Instead of pushing consumers' buyers to sellers with products they prefer, it will instead be styled with stacked horizontal image carousels. You can arrange the rows into items viewed recently, or throw them on eBay's algorithm-driven watch lists - just like the way Netflix does it, but it's the second time in the last 5 years we've seen a big change to its UI. The new UI for eBay should roll through in mid-2017, so don't try pressing F5 just yet.

TSMC won't decide until 2018 whether it builds US plant

By: Anthony Garreffa | More News: Business, Financial & Legal | Posted: Mar 21, 2017 3:23 am

TSMC has teased that it will be shifting some of its manufacturing to the United States in the near future, but now the company has decided it won't make a decision on its shift to the US until next year.

 

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TSMC boss Morris Chang said back in January that it was looking to the US as a new place for a manufacturing plant, but TSMC spokesperson Michael Kramer has now come out and said that the company will decide in the "first half of 2018" if it will invest over $16 billion in a new production facility in the United States.

 

Kramer told Reuters: "We won't make a decision until next year. We would sacrifice some benefits if we move to the States. But we have flexibility in Taiwan. If an earthquake happened for instance (in Taiwan), we could send thousands of people here as support, whereas it's harder in the States". Reuters points out that TSMC receives around 65% of its total revenue from the US, so building a manufacturing plant in the US makes a whole lot of sense.

AMD going after LG, Vizio, more for patent infringement

By: Anthony Garreffa | More News: Business, Financial & Legal | Posted: Mar 20, 2017 4:27 am

We reported back in January that AMD was gunning after LG, Vizio, MediaTek, and Sigma Designs - but now the US International Trade Commission has agreed to begin an investigation in alleged GPU patent infringement.

 

 

The four companies have allegedly used visual processing in their various products, including smartphones, TVs, and mobile processors - that infringe on AMD's concepts for unified graphics shaders and parallel graphics pipelines. If AMD is victorious in the USITC's investigation, it could see product sales bans on LG devices, and Vizio TVs.

 

USITC uploaded a press release a few days ago alerting that it would investigate "certain graphics systems, components thereof, and consumer products containing the same' under 'section 337'. The USITC says that it has "identified the following as respondents in this investigation":

 

  • LG Electronics, Inc., of Seoul, Republic of Korea;
  • LG Electronics U.S.A., Inc., of Englewood Cliffs, NJ;
  • LG Electronics MobileComm U.S.A., Inc., of San Diego, CA;
  • VIZIO, Inc., of Irvine, CA;
  • MediaTek Inc., of Hsinchu City, Taiwan;
  • MediaTek USA Inc. of San Jose, CA; and
  • Sigma Designs, Inc., of Fremont, CA.

 

They finish by saying: "The USITC will make a final determination in the investigation at the earliest practicable time. Within 45 days after institution of the investigation, the USITC will set a target date for completing the investigation. USITC remedial orders in section 337 cases are effective when issued and become final 60 days after issuance unless disapproved for policy reasons by the U.S. Trade Representative within that 60-day period".

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Uber boss quits, jumps onto pile of ejecting executives

By: Anthony Garreffa | More News: Business, Financial & Legal | Posted: Mar 20, 2017 3:06 am

Uber has been experiencing some serious issues in the last few months, but now Recode is reporting that Uber President Jeff Jones is leaving his position, just 6 months after joining the ridesharing giant.

 

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Uber has been fighting law enforcement, sexual harassment allegations, one of its self-driving cars running a red light in San Francisco, Uber CEO Travis Kalanick leaving Trump's newly-formed advisory council, and then Kalanick busted raging down one of his own drivers about rumors of reduced income for Uber drivers. This has all happened in the last few months, and it's now reaching boiling point where executives seem to be jumping ship.

 

And now... Uber President Jeff Jones leaving has an Uber spokesperson saying: "We want to thank Jeff for his six months at the company and wish him all the best". Jones arrived to Uber after leading Target's new business model, and was a big score for Uber. Right now, Uber is in huge trouble - leaving many wondering what their future now holds.

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