TweakTown
Tech content trusted by users in North America and around the world
5,676 Reviews & Articles | 36,072 News Posts
Weekly Giveaway: Fractal Design Arc Cases Contest (Global Entry!)

TweakTown News

Refine News by Category:

Business, Financial & Legal Posts - Page 96

RumorTT: Barnes & Noble could be spinning off its Nook assets

Starting your work week off with a rumor is always a good thing, right? Book retailing giant Barnes & Nobel is reportedly refocusing resources from its Nook hardware development and diverting them to licensing its content to other device makers. To further complicate things, B&N founder Leonard Riggio has expressed interest in buying the companies retail and online business.

 

TweakTown image news/2/8/28748_1_rumortt_barns_noble_could_be_spinning_off_its_nook_assets.jpg

 

In a war similar to the MP3 player hardware races of the early 2000's, the E-Reader game is beginning to see casualties. Barnes & Nobel's Nook saw less than stellar holiday sales, while competitors reported record sales. Now we are hearing that the company might be looking to part off its Nook Hardware division all together.

 

A filing this morning with the SEC read:

 

"On February 25, 2013, Mr. Riggio notified the Board of Directors of the Company (the "Board") he plans to propose to purchase all of the assets of the retail business of the Company. The retail business would include, among other things, Barnes & Noble Booksellers, Inc. and barnesandnoble.com; and would exclude NOOK Media LLC.

LG acquires HP's WebOS to power it's next-gen Smart TVs

On the heels of HP's announcement that its upcoming Slate 7 will be running Android, the company has decided to dump its once popular WebOS. Reports are coming in that LG is in the process of acquiring WebOS for use in its future Smart TV products.

 

TweakTown image news/2/8/28746_1_lg_acquires_hp_s_webos_to_power_it_s_next_gen_smart_tvs.jpg

 

When Palm first debuted WebOS for its mobile devices, we were all amazed at its use of HTML and JavaScript to bring us such a rich mobile experience. Things went down-hill for WebOS after HP acquired Palm, with the OS seeing an end to supporting hardware and then being Open Sourced shortly after.

 

Now, HP is selling the entire WebOS conglomerate to LG, including the source code, documentation, engineers and websites. LG has announced in the past its intentions to use the OS as the controlling operating system for its Smart TVs, and this move to buy the technology affirms that statement.


Opera launches Opera Mediaworks, worlds largest mobile ad platform

Opera seems to be making headlines on a weekly basis in 2013, A couple of weeks ago I reported on the companies adoption of Webkit, then a few days later, covered the layoff of over 90 employees. Now Opera is announcing the formation of an entirely new subsidiary.

 

TweakTown image news/2/8/28743_1_opera_launches_opera_mediaworks_worlds_largest_mobile_ad_platform.png

 

Over the last few months Opera has made a few strategic acquisitions with the intention of bolstering it's mobile advertising business. The company has spent in excess of $100 million snatching up companies like AdMarvel, 4th Screen Advertising and Mobile Theory and has announced today the formation of Opera Mediaworks.

 

Opera Mediaworks is a fully-owned subsidiary, which is being touted as the world's largest mobile ad platform. The new arm of Opera includes ad mediation and exchange services AdMarvel and Opera Mediaworks, mobile advertising networks Mobile Theory and 4th Screen Advertising, and the Opera Mobile Store and Opera Payment Exchange to monetize ad solutions.

LG aims to sell 40 million smartphones in 2013

LG wants life to be good throughout 2013, as the company plans to sell 40 million smartphones this year. The South Korean company wants to depart from the usual entry-level handsets and shift into higher gears - this comes from the Head of LG's Mobile Communications Division, Park Jong Seok.

 

TweakTown image news/2/8/28738_10_lg_aims_to_sell_40_million_smartphones_in_2013.jpg

 

LG shipped 26.3 million smartphones last year, so if they want to meet their 40 million smartphone goal they'll need to nearly double their efforts this year. From what MWC 2013 has shown so far, this might not be as hard as you think. LG have some great devices coming out, and I think we're going to see them meet their 2013 goals.

Apple seeking new 'Maps Ground Truth Data Specialist' in Australia

Apple are looking for someone in Australia for a new position, the position open is for a 'Maps Ground Truth Data Specialist'. This position has been up for a couple of days, and comes just months after Apple's Maps app failing to provide correct mapping data in Australia.

 

TweakTown image news/2/8/28718_01_apple_seeking_new_maps_ground_truth_data_specialist_in_australia.jpg

 

The position will check "changes to map data, provide feedback on unique local map requirements, collect ground truth information, and evaluate competing products." But what is 'Ground Truth'? Well, that is information collected on location versus the data being collected remotely, such as data from satellites.

Continue reading 'Apple seeking new 'Maps Ground Truth Data Specialist' in Australia' (full post)

Google wants to get Glass on sale by end of this year for less than $1,500

Google is looking to get a "fully-polished" version of Glass on sale by the end of this year. The search giant has said that the augmented reality headset will cost "less than $1,500" when it eventually goes on sale. The headset has already been available for pre-order for $1,500, though those versions aren't the same as what will be released to the general public.

 

TweakTown image news/2/8/28716_1_google_wants_to_get_glass_on_sale_by_end_of_this_year_for_less_than_1_500.jpg

 

As with all technology, the early adopters end up paying a premium to remain an early adopter. The Project Glass headset was announced last year and got a demonstration at Google I/O. The headset will be able to record pictures and video, provide directions, and much more, all controlled by your voice.

Google announces I/O registration opens March 13, requires Google+ and Google Wallet accounts

Google has announced that registration for Google I/O will open on March 13 at 7a.m. PST. Last year, the event sold out in just 20 minutes, so you'll need to be on top of registration to make sure you reserve your spot at the event. Last year, Google unveiled the Nexus 7 and other products.

 

TweakTown image news/2/8/28713_1_google_announces_i_o_registration_opens_march_13_requires_google_and_google_wallet_accounts.png

 

This year's I/O will take place May 15 to May 17 in the Moscone Center, located in beautiful San Francisco, California. To register for the event, you'll be required to have a Google+ account and Google Wallet buyer account. Prices remain the same at $900 for general attendees and $300 for academic attendees.

 

More information can be found on Google's I/O page.

Google buildings have toxic fumes likely resulting from previous occupants

A couple of Google's office buildings in Mountain View, California are having issues with toxic fumes that are likely the result of the previous owners of the land. Buildings QD6 and QD7 were found to have high levels of trichloroethylene (TCE), a toxic solvent used in the manufacturing of electronic chips.

 

TweakTown image news/2/8/28711_1_google_buildings_have_toxic_fumes_likely_resulting_from_previous_occupants.jpg

 

The previous owners of the land were Fairchild Semiconductor, Intel, Raytheon, and other chip makers. These companies dumped thousands of gallons of THC into the ground, which has contaminated the water. Google installed air filters when they moved in and conducted air quality tests.

 

Readings as high as 8 micrograms per cubic meter were recorded. Normal exposure is 5 micrograms per cubic meter. The EPA has said that it would take decades of exposure to cause problems, not the few months that Google employees experienced.

 

Google released a statement, saying "The health and safety of our employees is Google's number one priority, and we take several proactive measures to ensure the healthiest indoor air environments possible."

EA jumps on the layoff bandwagon, gets rid of people in LA, Montreal

We just heard about IGN's layoffs that will affect many gaming sites, and now in other gaming layoff related news, EA have announced an unknown amount of layoffs in their Los Angeles, Montreal and "smaller locations".

 

TweakTown image news/2/8/28700_05_ea_jumps_on_the_layoff_bandwagon_gets_rid_of_people_in_la_montreal.jpg

 

The news is coming directly from EA Labels President Frank Gibeau said:

 

Thousands of our existing employees have been retrained and redeployed to work on the new platforms and initiatives. But when it is not possible to redeploy a team, we soften the tough decisions with assistance. This week we let some people go in Los Angeles, Montreal as well as in some smaller locations. These are good people and we have offered outplacement services and severance packages to ease their transition to a new job.

IGN see mass layoffs, will see the closure of 1UP, Gamespy and UGO

It looks like IGN have been slammed with mass editorial layoffs today, which will see 1UP, UGO and Gamespy shutting down. A company spokesperson told Joystiq:

 

TweakTown image news/2/8/28699_04_ign_see_mass_layoffs_will_see_the_closure_of_1up_gamespy_and_ugo.jpg

 

We are focusing on our two flagship brands, IGN and AskMen. Unfortunately, as a result, we have made the decision to close sites and restructure our teams accordingly.

 

What now? There's only a few big gaming sites out there now - what are your thoughts on that?

Latest Tech News Posts

View More News Posts

Latest Downloads

View More Latest Downloads

TweakTown Web Poll

Question: Did EA kill the Battlefield franchise with the terrible BF4 issues?

Yes, Battlefield is doomed

No, Battlefield will live on strong

I'm not sure, but I know EA needs to improve its game

or View the Results

View More Polls

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases
Get TweakTown updates via Facebook!
Just click the "Like" button below