Business, Financial & Legal - Page 284

Catch up on the latest business, finance, and legal news shaping the tech, gaming, and science industries, including mergers, lawsuits, and market trends. - Page 284

Follow TweakTown on Google News

As an Amazon Associate, we earn from qualifying purchases. TweakTown may also earn commissions from other affiliate partners at no extra cost to you.

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.

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)

Japan's GREE acquires game developer Funzio for $210 million

Anthony Garreffa | May 2, 2012 4:27 AM CDT

Mobile gaming outfit GREE has acquired US-based social game developer Funzio for a cool $210 million in a bid to increase their appeal in Western countries, and to produce more of their own titles. The Japanese firm who provides both a mobile social gaming platform and developers titles itself, is looking at the North American market and other new growth opportunities as they've already established themselves quite well in their homeland.

The deal is expected to be done by the end of May, with founder Yoshikazu Tanaka saying that it "means a lot to enhancing our global expansion". The mobile gaming scene is heating up, with just weeks ago Zynga purchasing OMGPOP, the guys and gals behind Draw Something. GREE may be a smaller player, but competition is always a good thing.

GREE isn't new to big acquisitions, where back in 2010 they acquired Openfeint for $109 million. That deal boosted their platform, and the new Funzio deal with strengthen its capability to produce titles, and, appeal more to Western gamers. This isn't the end of the good news for FREE, where they're set to unveil their new global gaming platform, which will integrate Openfeint, all within the next few months.

Continue reading: Japan's GREE acquires game developer Funzio for $210 million (full post)

RIM are the ones behind the anti-Apple 'Wake Up' campaign in Australia

Anthony Garreffa | May 2, 2012 3:24 AM CDT

It's been everywhere, and I was even sitting down this morning playing with my gorgeous 13-month-old daughter this morning when I saw people standing behind the Sunrise crew on Channel 7 here in Australia, with black cardboard signs in their hand stating "WAKE UP".

We've heard it was Samsung behind this, as a campaign for their GALAXY S III possibly... but it's not. Research in Motion (RIM) have admitted that they're the company behind the controversial anti-Apple 'Wake Up' campaign. RIM issued a statement this morning through its PR firm, where they've said:

Continue reading: RIM are the ones behind the anti-Apple 'Wake Up' campaign in Australia (full post)

91% of mobile game revenue is sourced from microtransactions

Anthony Garreffa | May 2, 2012 1:29 AM CDT

Researcher Newzoo has gathered some very specific figures in a new study that included the top 200 grossing mobile games and survey results from 17,000 respondents. The study found that the US mobile gaming market has grown considerably, from 75 million to 101 million mobile gamers. Of these 101 million, 69-percent of them play games on smartphones, with 21-percent gaming on a tablet.

While there are many more players, and increasing amount of them are willing to pay for in-game content. The number of paying players has grown 35-percent to 37 million Americans, or 36-percent of all mobile gamers. Splitting these numbers up, we have 19 million American gamers on an iPhone, 18 million on an iPod touch, and 12.7 million on an iPad, keeping in mind that many people use multiple iOS-based devices.

As of last month, Apple's mobile devices combined were generating 84-percent of the revenue by the top 200 grossing games, which left Android with 16-percent of the US pie. The best bit of this, is that a majority of this money is generated from in-game microtransactions, and not titles bought outright. Newzoo CEO Peter Warman does have something to say about this, as there is one big difference between iOS and Android, that could explain the revenue discrepancy: Apple requires users to link credit card information to their accounts, with Warman adding:

Continue reading: 91% of mobile game revenue is sourced from microtransactions (full post)

Newsletter Subscription