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Business, Financial & Legal News - Page 245

All the latest Business, Financial & Legal news as it relates to tech, gaming, and science - Page 245.

Samsung ship over 1 million of the 5.3-inch Galaxy Note smartphones

Anthony Garreffa | Dec 30, 2011 4:31 AM CST

Samsung's Galaxy Note, the uber-large, but curvaceously sexy Galaxy Note, which sports a 5.3-inch screen is a kind of tabletphone hybrid. This hasn't stopped the device from shipping more than 1 million in Europe and Asia, before it even hits the shores of the U.S.

Samsung ship over 1 million of the 5.3-inch Galaxy Note smartphones | TweakTown.com

The rapid sales of the device show Samsung that creating a new market for something between a smartphone and tablet PC. Samsung says that the speed of sales should accelerate even further going into the new year when it becomes available in the U.S.

Samsung also note that the Financial Times reviewed the Galaxy Note highly, commenting it as:

A happy medium for consumers who want to carry just one device, rather than both a smartphone and a tablet and whatever other portable gadget they pick up on their way out.

Continue reading: Samsung ship over 1 million of the 5.3-inch Galaxy Note smartphones (full post)

Amazon sold over 4 million Kindle devices in December

Anthony Garreffa | Dec 30, 2011 2:31 AM CST

Amazon have had a very Merry Christmas when it comes to Amazon Kindle sales over the holiday season. Amazon customers purchased millions of Kindle Fires and millions of Kindle e-readers. 2011 was the best holiday ever for the Kindle family, with one million Kindle devices sold each week.

Amazon sold over 4 million Kindle devices in December | TweakTown.com

Amazon CEO and founder, Jeff Bezos, says "We are grateful to our customers worldwide for making this the best holiday ever for Kindle." He continues pointing out the fact that the #1 and #4 best-selling Kindle books released in 2011 were both published independently by their authors using Kindle Direct Publishing.

Three Kindle-based products took the top three spots on Amazon's best seller list, with the Kindle Fire, Kindle Touch and Kindle taking out the top three spots, respectively. Amazon's latest, Kindle Fire, was the most gifted and wished for product on Amazon this season, and was also the top selling product in the UK, France, Spain and Italy. Kindle Fire also took out the best selling product on Amazon's mobile site.

Continue reading: Amazon sold over 4 million Kindle devices in December (full post)

Newegg and Amazon report their holiday best-sellers

Anthony Garreffa | Dec 29, 2011 10:26 PM CST

With Newegg in one corner as the second-largest online retailer in the U.S. and the number one destination for tech-savvy shoppers, with Amazon the top U.S. e-tailer in the other corner, both releasing their holiday best-selling item reports.

Newegg and Amazon report their holiday best-sellers | TweakTown.com

Neweggs list contains:

Laptops/Notebooks: 15.6" Asus A53E-EH91

Televisions: Sceptre 32" 720p LCD HDTV

Video Games: Microsoft Xbox 360 250GB Holiday Bundle with Halo Reach and Fable 3

Digital Cameras: Panasonic Lumix DMC-FZ47K 12.1 MP

Software: Microsoft Windows 7 Home Premium SP1 64-bit

Monitors: Acer G235HAbd 23" LCD

CPUs/Processors: Intel Core i5-2500K

Motherboards: Asus P8Z68-V Pro

Hard Drives: Seagate Barracuda ST500DM002 500GB 3.5"

Memory: G.Skill Ripjaws Series F3-12800CL9D-8GBXL 8GB (2 x 4GB)

Video Cards: EVGA GeForce GTX 550 Ti

Continue reading: Newegg and Amazon report their holiday best-sellers (full post)

Richard Huddy is now inside Intel Inside, or Inside Intel

Anthony Garreffa | Dec 28, 2011 9:25 PM CST

There have been plenty of people who have worked for ATI, that have moved onto bigger and better things by packing up their brown box, throwing their personal items inside like a plant or a family portrait (ok, ok, that sounds like a Hollywood cliche, but it's how I imagine it as an Australian) and moving to a better job.

Richard Huddy is now inside Intel Inside, or Inside Intel | TweakTown.com

Now former AMD employee, Richard Huddy, has moved onto Intel. His goal with the red team was to form stronger relations with the game developers themselves. Big news, eh? Huddy has pushed through plenty of things for not only the technological industry, but the gaming industry. He worked with one of my favorite games, Max Payne, and ended up with a starring role as the mad professor in the lab. From there, he has helped a tonne of huge games hit the market.

Continue reading: Richard Huddy is now inside Intel Inside, or Inside Intel (full post)

Wikipedia dumps GoDaddy, doesn't like the SOPA support

Anthony Garreffa | Dec 27, 2011 3:21 AM CST

I've covered SOPA-related news for the past few days, as it is getting quite serious with GoDaddy being hit hard. It has just been announced that Jimmy Wales decision to find a new home for Wikipedia, away from the SOPA loving hands of GoDaddy.

Wikipedia dumps GoDaddy, doesn't like the SOPA support | TweakTown.com

Wales is quite unhappy with GoDaddy's position on the Stop Online Privacy Act, by announcing the shift in the following tweet:

I am proud to announce that the Wikipedia domain names will move away from GoDaddy. Their position on #sopa is unacceptable to us.

He then updated, and posted another tweet the next day:

Wikia is also moving several hundred domains from godaddy. Which registrar has quality and price right?

SOPA is starting to snowball into a serious issue, it needs as much airtime as possible.

Continue reading: Wikipedia dumps GoDaddy, doesn't like the SOPA support (full post)

Apple buys Israeli-based flash memory company, Anobit, for between $400-$500 million

Anthony Garreffa | Dec 21, 2011 2:26 AM CST

Apple have just completed a deal to purchase Israeli flash memory firm, Anobit. The deal is reportedly worth between $400-$500 million, which makes it Apple's largest acquisition since NeXT which cost $404 million. A tweet from the Twitter account of Israel's Prime Minster has said:

Apple buys Israeli-based flash memory company, Anobit, for between $400-$500 million | TweakTown.com

Welcome to Israel, Apple Inc. on your 1st acquisition here. I'm certain that you'll benefit from the fruit of the Israeli knowledge.

It is not just exciting for Apple, but for consumers, too. Apple's new investment in Anobit shows their commitment to requiring fast flash memory, as Israel is a country known for technological breakthroughs, such as its early work in mobile phones and instant messaging.

Anobit explains their technology:

Anobit's MSP™ (Memory Signal Processing) technology is comprised of proprietary signal processing algorithms combined with advanced error correction and innovative flash management schemes, resulting in a dramatic improvement in endurance, performance and system cost. Specifically, MSP™ enables SLC (one bit-per-cell) endurance and performance with MLC (two bits-per-cell) NAND, and MLC endurance and performance with TLC (three bits-per-cell) NAND, resulting in a significant reduction in cost per-bit.

Continue reading: Apple buys Israeli-based flash memory company, Anobit, for between $400-$500 million (full post)

SOPA could mean the end of Reddit

Anthony Garreffa | Dec 20, 2011 8:59 PM CST

If you haven't heard of SOPA (Stop Online Piracy Act), then I suggest you do some serious reading, because last week the House Judiciary Committee discussed it, and the results of SOPA would not be good, at all.

There was an abrupt end to the markup session on Friday, with a new hearing date set for this week. Opposition to SOPA is growing, with the General Manger of Reddit stepping in and saying that the bill would "almost certainly mean the end" of Reddit.

SOPA could mean the end of Reddit | TweakTown.com

On Wednesday, the House Judiciary Committee will continue discussing SOPA to decide whether the bill should move to the full House. Until then, lobbying groups for and against the bill continue with their efforts to influence the votes of committee members.

Continue reading: SOPA could mean the end of Reddit (full post)

Witcher 2 developers going after pirates, have a trade secret way of tracking them

Anthony Garreffa | Dec 19, 2011 8:26 PM CST

CD Projekt, developers behind the successful currently PC-only game The Witcher 2: Assassins of Kings is going after pirates. The game has sold over one million copies so far, and while they are confident behind these sales numbers, they are also confident in going after pirates of their hard work.

Witcher 2 developers going after pirates, have a trade secret way of tracking them | TweakTown.com

CD Projekt are going after pirates, claiming that only people who they are sure downloaded a copy of the game illegally are receiving a threat of legal action. Michal Nowakowski, CD Projekt's VP of Business Development says:

We're addressing only 100% confirmed piracy causes that are 100% possible to prove. We are not worried about tracking the wrong people. As this is the trade secret of the company working on this, I cannot share it. However, we investigated the subject before we decided on this move, and we aware of some past complications. The method used here is targeting only 100% confirmed piracy cases. No innocent person was targeted with the letter so far. At least we have not received any information as of now which would indicate something like that.

Continue reading: Witcher 2 developers going after pirates, have a trade secret way of tracking them (full post)

Skyrim is the "fastest selling title in Steam's history", quest complete

Anthony Garreffa | Dec 19, 2011 2:28 AM CST

We all know Skyrim has enjoyed a very successful career in just six weeks, but just how successful? Well, firstly, it has shipped over 10 million copies since it's 11/11/11 launch, with "Large retail reorders across all platforms and record-breaking digital sales reflect the ongoing global demand by consumers excited to explore this extraordinary fantasy epic," the company said in a statement.

Skyrim is the fastest selling title in Steam's history, quest complete | TweakTown.com

Robert Altman, Chairman and CEO of ZeniMax Media has said:

We are gratified that Skyrim continues to garner high review scores and accolades around the world. We are most grateful to our fans for their support and enthusiasm for the game, and their love of the hundreds of hours of gameplay it offers. We continue to strive to deliver the highest quality entertainment experience for everyone. 2012 will be another huge year for our fans, with the release of the Creation Kit, as well as exciting DLC which will add to the richness of this epic adventure.

Continue reading: Skyrim is the "fastest selling title in Steam's history", quest complete (full post)

Hitachi-LG price fixing update: three executives will face jail time

Anthony Garreffa | Dec 15, 2011 1:27 AM CST

Three Hitachi-LG Data Storage (HLDS) workers, Young Keun Park, Sang Hun Kim and Sik "Daniel" Hur will face jail time after pleading guilty to fixing optical disk drive prices, according to the US Department of Justice. Throughout 2005 to 2009, the three employees suppressed competition by rigging bids for optical disk drives sold to both Dell and HP, in addition to fixing prices for devices sold to Microsoft.

Hitachi-LG price fixing update: three executives will face jail time | TweakTown.com

Under the plea agreement, Park and Kim will serve eight months in prison, while Hur will experience seven months in jail. All there will have to pay a $25,000 fine. The three executives will also be charged with multiple violations of the Sherman Act, which covers antitrust and anticompetitive activities. Each count of the Sherman Act comes with a statutory fine of up to $1 million, (and more if the damages are large enough), and up to 10-years behind bars.

Continue reading: Hitachi-LG price fixing update: three executives will face jail time (full post)

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