TRENDING: Grand Theft Auto 6 release date confirmed by Take-Two

Business, Financial & Legal - Page 270

All the latest Business, Financial & Legal news as it relates to tech, gaming, and science - Page 270.

Follow TweakTown on Google News

Lenovo investing big in China, plans $800 million for new products plant in China

Anthony Garreffa | May 7, 2012 8:43 PM CDT

Lenovo are planning big investments in China over the next 18 or so months, where they'll be investing $800 million in a new mobile products plant in Wuhan, one of the largest cities in China. The Lenovo Industrial Base will cover research & development, production and sales of smartphones and tablets, with a target opening date of October 2013.

The new plant will service both local and global markets, and is expected to generate around $1.5 billion in revenue by 2014, and the company are hoping to hit $8 billion within five years. Job creation numbers are great, with around 10,000 jobs created over the coming years thanks to the new Wuhan facility.

Lenovo are wanting to grab more mobile market share, and this move will surely help them do so. Lenovo have said in their press release that they are already a top-three smartphone maker in China. Lenovo's K800 smartphone was one of the first devices to feature Intel's Medfield-based processor, which should be the start of something new for Lenovo. On top of this, they're preparing the IdeaTab S2109 with an unspecified processor, a 9.7-inch display, and 1GB of RAM.

Continue reading: Lenovo investing big in China, plans $800 million for new products plant in China (full post)

Al Franken believes Comcast is breaking net neutrality rules, sends letter to FCC

Trace Hagan | May 7, 2012 5:31 PM CDT

Minnesota Senator Al Franken believes that Comcast is breaking its net neutrality agreement that it had to sign to gain approval to merge with NBC Universal. The fear that Franken has resides in the fact that Comcast will not count any direct-to-Xbox streaming against customers' 250GB monthly data cap.

Obviously, Netflix and other internet video providers are upset by this and see it as unfair. They believe it gives Comcast's service an unfair advantage to their own services and that it violates the Net neutrality rules that they had to sign to. These rules prohibit broadband providers from favoring their own content on the open internet over that of their competitors.

But of course, Comcast believes that they are complying and actually exceeding the requirements:

Continue reading: Al Franken believes Comcast is breaking net neutrality rules, sends letter to FCC (full post)

Jury finds Google infringed on Oracle IP in partial verdict, Google moves for mistrial

Trace Hagan | May 7, 2012 3:36 PM CDT

Ah, yes, that legal battle between Oracle and Google is still going on. In fact, it's only in its first stages. The copyright phase of the trial ended Friday with the jury stating they couldn't reach a unanimous decision on one of the four questions it needed to. Judge Alsup told the jurors to think about it over the weekend.

Unfortunately, this did not help as the jury as it told the court that an "impasse has been reached." The jury then turned in its partial verdict on the three questions that they were able to agree upon. The jury has found that Google did in fact infringe on Oracle's copyrights by copying the structure, sequence, and organization of the code.

They were unable to decide if this use would be covered by fair use. The jury found that Google had not unfairly taken from the documentation associated with the 37 APIs. The jury found Google guilty of infringing by actually copying some specific code from the Java programming language. They were only found guilty on one of the three they were charged with.

Continue reading: Jury finds Google infringed on Oracle IP in partial verdict, Google moves for mistrial (full post)

Verizon looks to bring 'text-to-911' capabilities to its network

Trace Hagan | May 4, 2012 5:28 PM CDT

"Like, OMG, I need help NOW!!1!" In a move that the FCC chairman praised, Verizon has selected a vendor to help it implement its first-in-the-nation "text-to-911" service. The "text-to-911" service would allow people to contact emergency services (911) via text message. This opens the doors to providing better access to those with speaking or hearing disabilities.

"Verizon is at the forefront of 911 public-safety innovations, and today's announcement is another step in making SMS-to-911 service available to those who cannot make a voice call to 911," said Marjorie Hsu, Verizon Wireless vice president of technology. "Our company is continuing its long-standing commitment to address the needs of public safety and our customers by offering another way to get help in an emergency by using wireless technology."

Verizon is looking to deploy the new feature in select markets early next year. The option will be available to anyone who has a text-messaging-capable phone. FCC spokesperson Tammy Sun said Genachowski "commended the company for offering consumers another way to reach 911 that is consistent with how millions of consumers already use mobile devices in their daily lives."

Continue reading: Verizon looks to bring 'text-to-911' capabilities to its network (full post)

The legal system works: Judge rules IP addresses are not enough to incriminate pirates

Trace Hagan | May 4, 2012 4:33 PM CDT

It what can only be described as the legal system actually working, a judge has used common sense and ruled that an IP address is not enough to incriminate a pirate. Judge Gary Brown, a federally-appointed magistrate judge of the U.S. District Court of the Eastern District of New York, delivered the ruling in a fresh round of lawsuits launched by Voltage Pictures.

The case in question is one in which Voltage Pictures has sued 2,500 BitTorrent users who have been accused of illegally downloading The Hurt Locker. The movie didn't exactly perform as expected when it hit theaters and the studio is blaming that on piracy and an early leak of the film. Judge Brown spells out his feelings in a 26-page ruling located here.

Thus, it is no more likely that the subscriber to an IP address carried out a particular computer function -- here the purported illegal downloading of a single pornographic film -- than to say an individual who pays the telephone bill made a specific telephone call," [...] "Most, if not all, of the IP addresses will actually reflect a wireless router or other networking device, meaning that while the ISPs will provide the name of its subscriber, the alleged infringer could be the subscriber, a member of his or her family, an employee, invitee, neighbor or interloper.

Continue reading: The legal system works: Judge rules IP addresses are not enough to incriminate pirates (full post)

Android lost money every quarter in 2010, $97.7m revenue in Q1

Trace Hagan | May 4, 2012 11:31 AM CDT

Google has never really released any sort of data about the financials of Android. People have been forced to take educated guesses about whether or not Android is making money for Google. Well thanks to the ongoing battle between Oracle and Google, we finally have some hard numbers to go off of, and it's a somewhat bleak picture.

Currently, the lawsuit is in jury deliberations and those deliberations are currently locked. The judge and jury are trying to work out what sort of damages may be due to Oracle, hence the hard financial data that has become available. Judge William Alsup, yesterday, read excerpts from some court documents which showed that Android had a net loss every quarter in 2010.

This resulted in a "big loss for the whole year." He also made note that Android only had a revenue figure of $97.7 million for the first quarter in 2010. These figures are important because they go into figuring out how much money Oracle could be due in damages. If Google hasn't made money, they are on the hook, conceivably, for less money. At the same time, one would have to question why they would continue with a platform that isn't making money.

Continue reading: Android lost money every quarter in 2010, $97.7m revenue in Q1 (full post)

PC gaming hardware market is going well, predicted to generate $23.6 billion in sales by the end of this year

Anthony Garreffa | May 4, 2012 2:01 AM CDT

According to the latest reports and numbers from Jon Peddie Research, predictions are being made for PC gaming hardware sales, where the research group are predicting total sales of $23.6 billion and by the end of 2015, this should grow to $32 billion.

They cite strong demand which will fuel growth over the coming years, especially in the BRIC (Brazil, Russia, India and China) countries where systems, accessories and upgrades are expected to get close to $4.7 billion this year, and $7.7 billion by 2015.

JPR also expects to see the average selling price for some components to drop in 2013, as competition heats up. This is always good news for end users, with unit shipments expected to rise, which will smash any dip that would otherwise show up as a result of the lowered prices. These numbers should have confidence in them, as this year we're expecting some truly kick-ass titles such as Diablo III, Max Payne 3, and more.

Continue reading: PC gaming hardware market is going well, predicted to generate $23.6 billion in sales by the end of this year (full post)

Microsoft to open New York research lab, hires 14 Yahoo Researchers to do so

Anthony Garreffa | May 3, 2012 6:00 AM CDT

Microsoft scooped up well-known social network researcher Duncan Watts over the weekend, but he wasn't the only one Microsoft had their sights on. Microsoft have scooped up 13 other Yahoo researchers to kick-start a new New York research lab.

From these 13 people Microsoft have acquired brings David Pennock who is an algorithmic economist and will over see day-to-day lab operations. Microsoft also scored machine learning expert John Langford. Microsoft aren't new to research organizations, where they have budgets in the billions, and 850 PhDs. NYC will be Microsoft's 13th global office according to Jennifer Chayes, who manages Microsoft Research New England, as well as the New York Group.

Microsoft were fortunate enough to grab these people as Yahoo made cuts to their research organization last month. Chayes adds that the Yahoo researchers didn't necessarily come as a package, where she elaborates:

Continue reading: Microsoft to open New York research lab, hires 14 Yahoo Researchers to do so (full post)

Windows 7, Xbox 360 face ban in Germany

Trace Hagan | May 2, 2012 12:31 PM CDT

In what can only be seen as a major ruling, German courts have told Microsoft to stop selling its Windows 7 and Xbox 360 products, apparently due to patent infringement. The judgement comes from a lawsuit in which Motorola Mobility alleged that Microsoft's products infringed upon two patents regarding H.264 video coding and playback.

The court has found that Microsoft has used some of Motorola's intellectual property and found that a sales ban will be set in place until the matter can be settled. A settlement in this instant would require vast sums of money to change hands. How perfect for Google who just acquired Motorola Mobility!

It's unlikely that Microsoft will pull its products from store shelves just yet as Microsoft has said they will carry on as normal until an appeal of the decision can be made. The ban also includes Internet Explorer and Windows Media player. Microsoft also has the support of the US where a court has ruled a ban of the ban.

Continue reading: Windows 7, Xbox 360 face ban in Germany (full post)

Google wins $35 million US government contract, beats out Microsoft

Trace Hagan | May 2, 2012 11:28 AM CDT

Google and its partner Onix Networking have just won a $35 million contract to run a new cloud-based e-mail and collaboration system for the US Department of the Interior. Incredibly, this wasn't always a definite thing for Google and its partner. Previously in 2010, a contract for the same thing had been awarded to Microsoft for $59.3 million.

Of course, because of the litigious society that we live in, Google and its partner quickly filed suit to block the contract. Google claimed that the selection process for the contract unfairly favored Microsoft and didn't give Google a chance. The lawsuit was withdrawn last September after the Department canceled its plans to use Microsoft due to the fact its original decision was "now stale in light of new developments in technology and entrants into the market."

Microsoft is obviously not the happiest with this decision. As such they have issued a statement:

Continue reading: Google wins $35 million US government contract, beats out Microsoft (full post)

Newsletter Subscription

Join the daily TweakTown Newsletter for a special insider look into new content and what is happening behind the scenes.

Newsletter Subscription