Business, Financial & Legal News - Page 244

Samsung's lawyers argued that the legal posting by Apple proclaiming that Samsung did not copy Apple's iPad design did not meet what the court ordered Apple to post. The court has agreed and now ruled that Apple has 24 hours to remove the current statement and 48 hours to replace it with a proper account.

"This has received enormous publicity and has perpetuated confusion as to Samsung's entitlement to market the Galaxy tablet computers in issue," a Samsung lawyer said in a written statement to judges. "It has created the impression that the UK court is out of step with other courts."

If you'll recall, the statement had in it verdicts that other courts had found, something Samsung clearly wasn't happy with. The original reasoning behind the requirement to post the notice is solid:

Who thought this time last year that SSD maker OCZ would be in this much trouble? The company have announced their reducing a large number of its staff, with as much as 28% of their non-production staff being out of a job, while workers at the company's Taiwan production facility getting cut down by 32%. The company has said:

We are undergoing a transition phase in the Company's evolution in which we are refocusing our efforts on products and strategies that will benefit both OCZ and our stakeholders over the long term. We have already taken aggressive steps to address some short-term tactical challenges and have begun streamlining the organization to help ensure that OCZ will be in the best position moving forward to address the fast growing consumer and enterprise SSD markets.

They aren't just stopping there, either. OCZ plans to discontinue around 150 product variations, too. OCZ adds:

Microsoft is on the receiving end of a patent troll's lawsuit over its just launched Windows 8 and Windows Phone 8. The patent troll in question is SurfCast and they appear to believe that Microsoft's Windows Live Tiles infringe upon a patent filed in 2000 and granted back in 2004.

The patent that SurfCast is using as the basis of their lawsuit is No. 6,724,403. SurfCast describes Tiles as follows:

Tiles can be thought of as dynamically updating icons. A Tile is different from an icon because it can be both selectable and live -- containing refreshed content that provides a real-time or near-real-time view of the underlying information.

Samsung has finally added the iPhone 5 to their infringement lawsuit, with the South Korean company claiming that all LTE-capable devices that Apple sells are in violation of eight patents the company owns. The lawsuit is already considered weak, as some of Samsung's LTE patents would be considered "standards-essential" and subject to FRAND regulations.

Samsung did threaten to "immediately sue" Apple if the new iPhone was LTE-capable, but at the time were unaware that Apple had already launched LTE-capable iPads a few months earlier. How Samsung would not know this, perplexes me, completely. Apple has maintained their stance, stating that they buy their LTE radios from Qualcomm, who has a full license for the patents and therefore that license extends to its customers.

The biggest issue for Samsung is if their LTE patents will be considered standards-essential when tested in court. The company is now at risk of having some patents ruled FRAND-eligible, which would weaken their portfolio. Worse, is if some of their patents are considered invalid, but Samsung are said to own around 12.2% of all LTE patents. Qualcomm and Nokia both hold equal, or larger stakes in the technology.

In a sea of bad quarterly earnings reports from competitors, ASUS are standing strong with some positive third quarter results this week. The Taiwanese maker of just about everything these days reported a revenue of $3.8 billion with a net income of $230 million.

Revenue saw a rise of 9% year-over-year, with net income boosting up by around 43% in the same period. Revenue is up 18%, with net income up 39%, sequentially. Expectations were lower than this, with over 12 analysts expecting net income to reach just $185 million, meaning ASUS beat analysts' expectations by over 10%. Where is this surge coming from, you aks? Tablets.

ASUS have been able to successfully glide over from the sinking netbook market to the ever-expanding and super-popular tablet market. If we look back to Q2, ASUS shipped 800,000 tablets - fast forward to Q3 and we're looking at tablet shipments hitting 2.3 million, a meteoric rise. Shipment increases can be credited to the great Nexus 7 tablet which ASUS co-developed with Google. ASUS didn't give the goss on just how many Nexus 7's shipped, but it would have to be a chunk of that 2.3 million.

In 2006, mega giant media company Disney acquired Pixar, the makers of huge hits like Toy Story and Up, and have just now announced that they've acquired Lucasfilm. You might know Lucasfilm, they're quite well known for, well, Star Wars among others.

Lucasfilm are also responsible for the Indiana Jones series, and the deal includes other Lucasfilm properties such as Industrial Light & Magic and Skywalker Sound. This news isn't the finish yet, as the press release for the announcement also includes news that there will be yet another Star Wars movie.

Disney is aiming for a 2015 release for Star Wars: Episode 7 and that its "long term plan is to release a new Star Wars feature film every two to three years". I guess I should get around to watching the Star Wars movies then, huh?

Bulgarian blogger and digital rights activist, Bogomil Shopova, recently purchased 1.1 million Facebook users' data, including names, IDs and e-mail accounts. Shopova has said that he has no intentions of spamming or hacking those on the list, but is using the acquisition of data to highlight just how easy it was to gather personal information from Facebook.

Where would you buy the data to 1.1 million Facebook accounts in the first place? Well, I thought that too, but Shopova reportedly found the data for sale on the social market website Gigbucks. The seller went by the username "mertem", claimed that the data had been collected through third-party Facebook applications, consisting mostly of active accounts in the US, Canada, Europe and the UK.

The advertisement for the data stated it had "great potential" if you were offering a Facebook, Twitter of other social media-related product or service. Forbes has been told by a Facebook spokesperson that they were looking into the security breach. The representative said that the social network had dedicated security engineers that take aggressive action on reports such as this.

TSMC have something to be happy about right now, posting a record third quarter profit. The company posted a net profit of 49.3 billion New Taiwan dollars ($1.69 billion), which is a 62% jump year-over-year, and beating over 24 analysts' expectations.

TSMC-powered smartphones and tablet demand continue to expand, even in an economy which isn't doing so well. TSMC's flagship 28nm technology has given them an advantage over the competition, and the company has said that is directly responsible for doubling chip shipments in Q3. TSMC have said that chips built on the 28nm process accounted for 13% of total wafer revenue.

Morris Chang, TMSC Chairman, says that the future will be a little dull, expecting revenue to fall in the final three months of 2012. Chipmakers like Intel are scaling their productions back in the fourth quarter, citing reduced demand. Even with Q4 not looking so good, TSMC are optimistic about 2013 and the future, where Chang believes that TSMC will continue to outgrow the semiconductor industry in the coming years, as they has positioned themselves well in the smart device markets.

Here we are again, three months later and we have Apple's Q4 financial results to share with you. Not long after the Cupertino-based company unveiled their new iPad mini, fourth-generation iPad and refreshed Macs, their Q4 financial results are surprising in more ways than one.

Apple posted a revenue of $35.97 billion with a net income of $8.2 billion, up from $28.27 billion and $6.62 billion this time last year. Apple's earnings fell short of analysts' expectations of $8.75 per share, reaching just $8.67 per share. Apple reportedly lowered their forecast for the first quarter of fiscal 2013 from diluted earnings per share of $15.49 on revenue of $55 billion to $11.75 on revenue of $52 billion.

Analysts are pegging this on continuing supply problems, but I have a different idea. During the quarter, Apple sold just 26.9 million iPhones, 14 million iPads, 5.3 million iPods and 4.9 million Macs. iPhone shipments beat analysts' expectations by over 500,000 units, but fell short of analysts' expectations on iPad shipments by around 1 million units.

Accidental clicks are a big problem for advertisers as they have to pay for a click that yields them nothing. It's a problem that people have been dealing with since the introduction of mobile advertising. The general thought is the smaller the screen, the more likely you are to accidentally click that tantalizing banner ad.

But is that the only factor? Probably not. How often are you surfing Facebook while driving? You might accidentally click on an ad then, not due to the small screen, but due to you being distracted with driving. GoldSpot is a mobile ad network that has taken a look into the problem of accidental clicks and they have a bit of insight to offer.

They figure that roughly four in 10 clicks on conventional banner ads are accidental. For rich media ads, the number drops to 13 percent, probably due to them being more noticeable as an ad. GoldSpot also believes accidental clicks are more likely to happen in the morning or evening, as you can see in the chart above.