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Business, Financial & Legal Posts - Page 92

ReportTT: Next iPhone's display will be going into production next month; Sharp, LG, and Japan Display producing them

Nikkan is reporting that the displays going into the next iPhone will go into production next month. According to the report, Sharp, LG, and Japan Display will be the companies responsible for producing the displays used in the next-generation iPhone.

 

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It looks as though the device will be similar to the current iPhone 5 in shape and capabilities. If the next iPhone is launched under the S nomenclature, we expect it to come with an upgraded camera, processor, and not much else. We also continue to hear rumors that the device will be available in a multitude of colors.

 

If display production does start in June, it would line up with a projected launch date in late August to September. Of course, reports are just that: reports. This could prove to be an inaccurate report and the iPhone could launch before or after the projected time frame.

RumorTT: Google to open retail stores specifically for Google Glass

According to Business Insider, Google is planning to open retail stores specifically to sell Google Glass. This comes via a second-hand source who knows someone working with Sergey Brin to plan the Glass stores. In many ways, these stores make sense. People are going to want need to try Glass out before putting $1,500 down for their own pair.

 

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These retail stores would focus solely on Glass. It's important that users be able to try Glass out and have it set up properly. Much like Apple's One-to-One training, Google's retail installations would help configure Glass for each user and give them an in-depth explanation of how to work it all.

 

As with all rumors, we encourage you to approach this with a bit of skepticism.

Syria drops off of the Internet...again

Syria, a country currently engaged in a large civil war, has dropped off of the Internet...again. This isn't the first time Syria has had its Internet connectivity drop to near zero. It's widely suspected that this latest Internet disconnect has been caused by the Syrian government.

 

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The outage has been ongoing since around 2:45pm ET. Almost four hours later, Syria still doesn't have connectivity. The only people who seem to still have access to the web are activists who can afford a satellite Internet link, which isn't many. Google's Transparency Report is documenting the outage.

EA reports fourth-quarter earnings, misses earnings-per-share predictions

Electronic Arts has reported its fourth-quarter earnings. EA did fairly well, meeting some analyst predictions. The gaming company reported fourth-quarter revenues of $1.04 billion, exactly matching predictions by analysts. However, its earnings-per-share were not quite as high as analysts predicted.

 

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EA reported earnings-per-share of $0.55. Analysts expected the gaming giant to report EPS of $0.58. Interestingly, this miss hasn't hurt EA's stock price. In fact, EA's stock price has increased by about seven percent in after-hours trading. This is probably a result of EA's strong mobile performance and the multi-year exclusive Star Wars contract signed with Disney yesterday.

 

EA executive chairman Larry Probst:

As we enter a new fiscal year, EA is well-positioned for dynamic growth on next generation consoles, PCs, and mobile platforms. With world-class games, a rapidly growing digital business, and top-notch creative talent, we are excited about EA's strategy for FY 2014 and beyond.

Twitter's legal director picked as Internet Privacy Officer

According to a CNet report, Nicole Wong, Twitter's current legal director, has been tapped to become the White House's first chief privacy officer. Prior to joining Twitter, Wong served as a vice president and deputy general counsel for Google. She, along with her team, reviewed products before they launched, checking for privacy, copyright, and removal request compliance.

 

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She has experience in the field of privacy and will report to Todd Park, the chief technology officer for President Obama. Wong's law degree was earned at the University of California at Berkeley. After earning her degree, she made partner at Perkins Coie law firm.

 

Twitter was rated 3.5/4 stars by the EFF in their latest "Who has your back?" survey.

Aaron Greenspan, self-proclaimed co-founder of Facebook, files suit against Zuckerberg and more tech giants over "money services" businesses

This afternoon The Next Web is reporting that Aaron Greenspan has filed suit against not only Mark Zuckerberg, but a handful of other tech giants over so-called "money services businesses." The documents were filed on May 6th making this the latest in a long line of lawsuits filed by Greenspan.

 

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Think Computer, Greenspan's company, is behind the lawsuit that is targeting some of Silicon Valley's more prominent investors and entrepreneurs. More specifically, the lawsuits target those who have invested in, or started up companies who deal with "money services businesses".

 

The list of defendants include such big names as Facebook, Airbnb, Y Combinator, Square, Sequoia Capital, as well as individuals like Mark Zuckerberg, PayPal founder Max Levchin, Brian Chesky of Airbnb fame, and Reddit CEO Yishan Wong.

Continue reading 'Aaron Greenspan, self-proclaimed co-founder of Facebook, files suit against Zuckerberg and more tech giants over "money services" businesses' (full post)

Apple are having issues with carriers in emerging markets over iPhone terms

Apple are having problems getting wireless carriers to agree to their terms on selling iPhones, with Bloomberg reporting that Apple "is missing out on a chance to court as many as 2.8 billion new smartphone customers, many of them in Asia, as wireless-service providers balk at conditions imposed by the iPhone maker and drag their heels in signing on as partners".

 

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Bloomberg has estimated that Apple have agreements with around 240 carriers across the world, but main competitor Samsung has agreements with over 800 carriers. Big carriers such as China Mobile and Japan's NTT DoCoMo have objected the "high costs of subsidies needed to make the device affordable or other terms they find unacceptable".

 

This will mean that Apple will have to make the deal more appealing, or risk losing out on countless customers in emerging markets. This is where a cheaper iPhone would help, or if Apple decide to change their ways. Up until now they've not had to worry about this, but with their stock prices absolutely tanking, and sales sputtering to a stop, this is the time when Apple needs to change.

HTC sees second month of growth thanks to the HTC One

HTC's sales in February weren't too flash, dropping 44% year-over-year when compared to 2012, but things are starting to actually look up for the Taiwanese company.

 

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The HTC One is the savior here, but there is still going to be a battle against the Galaxy S4, but sales of the HTC One have been good in March. Moving into April, HTC sales grew again, by a decent 26% giving the company sales of around $642 million. Two months of continuous growth isn't much, but if HTC can use this current state of growth to continue pushing, they could dig themselves out of this hole.

 

HTC have an internal target of around $2.3 billion, so we have a long way to go yet.

Aereo attempts to stop second CBS lawsuit by filing complaint

We've followed the Aereo legal battles for several weeks now, mainly because we feel it's an interesting new service that can bridge the gap between Hulu and Netflix and TV. CBS alleges that Aereo is infringing on their copyright by illegally rebroadcasting their signal. Courts in New York have ruled that this isn't the case.

 

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Ahead of Aereo's launch in Boston, the company has filed a complaint against CBS to keep it from filing lawsuit in the new market. CBS has vowed to file another lawsuit in Boston, saying "we will sue, and stealing our signal will be found to be illegal in Boston, just as it will be everywhere else." Unfortunately for CBS, this hasn't been the case.

 

Aereo's spokeswoman Virginia Lam:

In response to the CBS companies' repeated threats to sue Aereo in every market that it enters, Aereo today filed a declaratory judgment action in New York naming CBS, its Boston affiliates, and its wholly owned and operated companies located in Aereo's initial expansion markets. The fact that CBS did not prevail in their efforts to enjoin Aereo in their existing federal lawsuit does not entitle them to a do-over in another jurisdiction. We are hopeful that any such efforts to commence duplicative lawsuits to try to seek a different outcome will be rejected by the courts.

Continue reading 'Aereo attempts to stop second CBS lawsuit by filing complaint' (full post)

Microsoft announces over 250m SkyDrive users, 50m added since Windows 8

Microsoft has announced that over 250 million people are using its cloud storage service, SkyDrive. SkyDrive has received heavy integration into the latest Office, so it's no wonder that usage numbers are up. But just how quickly are they increasing? Microsoft says that 50 million new users have joined since Windows 8 launched in October.

 

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It's been a very busy year for SkyDrive and we'd like to thank all of you for helping us improve the service through your feedback, tweets, Facebook posts, and comments. The service continues to grow: since October 2012 when Windows 8 launched, 50 million more people have started using SkyDrive, helping us reach an important milestone - over 250 million people are now using SkyDrive as the new place to save their files.

 

Microsoft released the above infographic detailing a brief history of SkyDrive. If you haven't already signed up, Microsoft is still offering 7GB of free storage, which is more than competitors Google Drive and Dropbox.

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