Domain: marketwatch.com
Stories and comments across the archive that link to marketwatch.com.
Stories · 211
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Younger Millennials Don't Know What Networks Are Responsible For TV Shows, Unless It's Netflix (thenextweb.com)
According to a new report from consulting firm Anatomy Media, millennials aren't able to identify the networks responsible for some of the most popular television shows, unless they're created by Netflix. The report indicates that most viewers age 18-26 can't match television shows from ABC, NBC, FOX, CBS, or Disney to to their respective networks. The Next Web reports: This means Jessica Jones is more likely to resonate with millennials as Netflix original programming than Empire does as a Fox network show. 65-percent of the respondents were able to identify a Netflix show correctly, compared to only 31-percent able to do so for other networks' programming. It was even worse for Amazon -- only 20-percent of the young adults could match its shows correctly. The most coveted demographic in television marketing cares twice as much about Netflix as any other provider -- and nobody cares about Amazon's original programming. A different survey conducted by Fluent Insights asked 3,100 millennials about their television viewing habits: half said they watched television exclusively on mobile or desktop platforms. -
Younger Millennials Don't Know What Networks Are Responsible For TV Shows, Unless It's Netflix (thenextweb.com)
According to a new report from consulting firm Anatomy Media, millennials aren't able to identify the networks responsible for some of the most popular television shows, unless they're created by Netflix. The report indicates that most viewers age 18-26 can't match television shows from ABC, NBC, FOX, CBS, or Disney to to their respective networks. The Next Web reports: This means Jessica Jones is more likely to resonate with millennials as Netflix original programming than Empire does as a Fox network show. 65-percent of the respondents were able to identify a Netflix show correctly, compared to only 31-percent able to do so for other networks' programming. It was even worse for Amazon -- only 20-percent of the young adults could match its shows correctly. The most coveted demographic in television marketing cares twice as much about Netflix as any other provider -- and nobody cares about Amazon's original programming. A different survey conducted by Fluent Insights asked 3,100 millennials about their television viewing habits: half said they watched television exclusively on mobile or desktop platforms. -
Hotels Now See Online Travel Sites as Rivals (marketwatch.com)
Major hotel chains are engaging in an online turf war with the very travel sites that have helped drive their businesses. From a report: Marriott, Hilton and InterContinental are using extensive marketing campaigns to claw back business from Expedia, Priceline and other travel-booking sites, which steer customers to hotel properties but also take commissions of up to 30% for each reservation. The chains are starting to treat these sites less as valuable business partners and more as gatekeepers standing between them and their customers. Many large hotel brands are offering lower nightly rates and other perks to loyalty members who book directly through their sites instead of online travel agencies. [...] The new battle is the latest episode in a two-decade "frenemy"-style relationship between online travel agencies and the hotel industry. Sites such as Expedia and Priceline were crucial for hotels during down periods such as after 9/11, but they have gradually eaten into the share of overall bookings ever since. Also read: Why Bargain Travel Sites May No Longer Be Bargains. -
Apple Has a Record $250 Billion In Cash, 90% of It Is Banked Overseas (phonearena.com)
An anonymous reader quotes a report from Phone Arena: On Tuesday, Apple is expected to report its fiscal second quarter earnings. In that report, the tech titan will reportedly announce that it is holding $250 billion in cash. If you think that this is a lot of money, you're absolutely right. According to Marketwatch.com, this is more than the foreign currency reserves held by the U.K. and Canada combined. Looking at it another way, at current valuations Apple could purchase all of the outstanding shares of Walmart and Procter & Gamble and still have money left over. It has taken Apple only 4 and half years to double its cash hoard. During the fiscal first quarter of 2017, Apple was adding $3.6 million to its cash position every hour. It finished the quarter ending in December with $246.09 billion in cash. 90% of the money is banked overseas, which means that Apple would be one of the companies to benefit the most from President Trump's plan to offer a one time tax break on repatriated funds. -
Used Tesla Model S Sedans Sell Faster Than Any Other High-End Used Vehicle (marketwatch.com)
According to a survey conducted by Autolist, "used Tesla Model S sedans sell faster than luxury-car competitors do, and faster than other top-selling used vehicles from Motor Co. and General Motors Co.," reports MarketWatch. From the report: Used Model S sedans had the briefest time on the market of all vehicles included in the survey, taking, on average, 87 days to sell. That was about 5% quicker than the average for vehicles in the model's peer group, which included the Audi A7, the Porsche Panamera, the BMW 6 Series, the Mercedes-Benz CLS and the Lexus LS 460. The listing prices of used Tesla Model S sedans were between 3% and 5% above their peer-group average for the past year, after controlling for price differences among the models, Autolist.com said. "We would expect top-performing vehicles in a peer group to have prices [about] 2% above our adjusted expectations for the segment. But 3% to 5% above, and maintaining that level of performance over the past year? That's surprising," Alex Klein, Autolist.com's vice president of data science, said in emailed comments. -
H-1Bs Reduced Computer Programmer Employment By Up To 11%, Study Finds (marketwatch.com)
An anonymous reader quotes a report from MarketWatch: There would have been up to 11% more computer science jobs at wages up to 5% higher were it not for the immigration program that brings in foreign high-skilled employees, a new study finds. The paper -- by John Bound and Nicolas Morales of the University of Michigan and Gaurav Khanna of the University of California, San Diego -- was conducted by studying the economy between 1994 and 2001, during the internet boom. It was also a period where the recruitment of so-called H-1B labor was at or close to the cap and largely before the onset of the vibrant IT sector in India. In 2001, the number of U.S. computer scientists was between 6.1%-10.8% lower and wages were between 2.6% and 5.1% lower. Of course, there also were beneficiaries -- namely consumers and employers. Immigration lowered prices by between 1.9% and 2.4%, and profits increased as did the total number of IT firms. -
Amazon, Apple To End Audiobook Exclusivity: EU (marketwatch.com)
European Union antitrust regulators on Thursday said they welcomed a move by Amazon.com to end exclusivity obligations for the supply and distribution of audiobooks between the e-commerce giant and Apple. From a report: The European Commission, the EU's antitrust watchdog, said the exclusivity obligations required Apple to source only from Amazon's unit Audible and also required Audible not to supply other music digital platforms besides Apple's iTunes store. The agreement between the two companies, which was struck Jan. 5 2017, will improve competition in downloadable audiobook distribution in Europe, the EU said. -
Nokia Sues Apple, Claims Patent Infringement in iPhone and Other Devices (marketwatch.com)
Nokia today announced a number of patent infringement complaints against Apple in Europe and the U.S. courts. There are 32 patents in total that Nokia claims Apple infringed, covering technologies such as display, user interface, software, antenna, chipsets and video coding. From a report on MarketWatch: Nokia said Apple agreed to license a few of Nokia Technologies' patents in 2011, but has declined offers by Nokia since then to license other patents whose inventions have been used in Apple mobile devices, including the iPhone and iPad, and the Mac. The lawsuits, filed in a Munich, Germany, regional court and a district court in Texas, cover technologies such as display, user interface, software, antenna, chipsets and video coding. Nokia said it's in the process of filing further actions in other jurisdictions as well. "After several years of negotiations trying to reach agreement to cover Apple's use of these patents, we are now taking action to defend our rights," said Ilkka Rahnasto, head of patent business at Nokia. -
Consumer Reports: Tesla's Model X Is 'Fast and Flawed' (marketwatch.com)
An anonymous reader quotes a report from MarketWatch: Tesla Motors Inc. was dealt a blow earlier this week as Consumer Reports magazine called the Model X, its much-awaited and much-feted SUV, a "flawed" vehicle. Beyond a "brag-worthy magic, the all-wheel drive Model X 90D largely disappoints," the magazine said, citing rear doors prone to pausing and stopping, second-row seats that can't be folded, and limiting cargo capacity. Even its panoramic, helicopter-like windshield won cranky-sounding disapproval from Consumer Reports: It's not tinted enough to offset the brightness of a sunny day, it said. Overall "the ride is too firm and choppy for a $110,000 car," Consumer Reports said. Earlier this year, Consumer Reports released its 2016 Car Reliability Survey and found that, while the Tesla Model S has become more reliable, the Tesla Model X has proved to be unreliable overall. -
Intel Wants To Replace Fireworks With Drones (marketwatch.com)
Intel has announced a drone called the "Shooting Star" that has the potential to augment or replace fireworks. The drone weighs about as much as a volleyball and can light up in 4 billion color combinations for commercial entertainment light shows. MarketWatch reports: Whether drone-focused light shows will prove to be more cost-efficient is a bigger question. The devices would only have to be purchased once, but would likely cost much more than a standard small-scale fireworks show. Small-town holiday fireworks displays typically cost about $2,000 to $7,000 for a basic show, according to Premier Pyrotechnics, while the city of Houston spent an estimated $100,000 on its 2016 Fourth of July fireworks show, according to Houston Business Journal. On a grander scale, estimates suggest Macy's Inc. may spend $6 million on its annual Fourth of July fireworks show. Intel's drones are not publicly for sale, and the chip maker would not disclose how much they would cost. For now, the drones are proof of the ability to automate multiple drone flights at once, using software that could be adapted to commercial applications like mapping or inspections. -
Samsung Galaxy Note 7 Explodes In New York, Burns Six-Year-Old Boy (arstechnica.com)
An anonymous reader quotes a report from Ars Technica: A six-year-old boy from Brooklyn has reportedly become the latest victim of Samsung's disastrous exploding Galaxy Note 7 batteries. The boy had been using the device at his family home when it "suddenly burst into flames," according to the New York Post. He was rushed to hospital with burns to his body. Samsung issued a recall of 2.5 million of its latest flagship phone on September 2 -- which had only been released the previous month -- after 35 reports that lithium batteries were exploding while they were being charged. The injured boy's grandmother said that the fire caused by the phone was strong enough to "set off alarms in my house." "He is home now," Linda Lewis told press. "He doesn't want to see or go near any phones. He's been crying to his mother." Samsung issued a statement on Saturday, urging owners of the Galaxy Note 7 to "power down your device and return to using your previous phone. We will voluntarily replace your Galaxy Note 7 device with a new one, beginning on September 19th... We acknowledge the inconvenience this may cause in the market but this is to ensure that Samsung continues to deliver the highest quality products to our customers." The recall has caused Samsung's stock to plunge. On Monday, Samsung Electronics Co. Ltd. stock suffered from its biggest one-day price decline in its 28-year history as a public company. -
HPE Acquires SGI For $275 Million (venturebeat.com)
An anonymous reader writes: Hewlett Packard Enterprise has announced today that it has acquired SGI for $275 million in cash and debt. VentureBeat provides some backstory on the company that makes servers, storage, and software for high-end computing: "SGI (originally known as Silicon Graphics) was cofounded in 1981 by Jim Clark, who later cofounded Netscape with Marc Andreessen. It filed for Chapter 11 bankruptcy in 2009 after being de-listed from the New York Stock Exchange. In 2009 it was acquired by Rackable Systems, which later adopted the SGI branding. SGI's former campus in Mountain View, California, is now the site of the Googleplex. SGI, which is now based in Milpitas, California, brought in $533 million in revenue in its 2016 fiscal year and has 1,100 employees, according to the statement. HPE thinks buying SGI will be neutral in terms of its financial impact in the year after the deal is closed, which should happen in the first quarter of HPE's 2017 fiscal year, and later a catalyst for growth." HP split into two separate companies last year, betting that the smaller parts will be nimbler and more able to reverse four years of declining sales. -
AT&T Thinks Drones Can Fix Terrible Reception At Baseball Games, Music Concerts (marketwatch.com)
Cell services are at some of their worst behaviors at music concerts, baseball games and other similar large public gatherings. AT&T thinks it might have a solution for it. In a blog post today, the carrier company announced the idea of building cell extensions into drones and flying them in to handle the large dense traffic demands. From a report:AT&T has dubbed the drones "Flying COWs" -- the COW stands for âoeCell on Wings.â The drones would boost LTE coverage to areas in need of it during occasional large events. They would be tethered to the ground to prevent them from going rogue and flying away. The trial project is part of AT&T's just-launched national drone program, which will focus on how AT&T and its customers can benefit from drones. The program director, Art Pregler, said they wouldn't have to fly too high, perhaps just under the roofline of stadiums or buildings. AT&T also envisions that Flying COWs could provide boosted coverage in disaster response situations, particularly when vehicles aren't otherwise able to drive into the affected areas. -
'New Way of Stealing Cars': Hacking Them With A Laptop (marketwatch.com)
retroworks writes: The Wall Street Journal (Warning: source may be paywalled), CBS and Marketwatch all lead the morning with stories about the newest method of stealing (late model) cars. No need for hacking off the ignition switch and touching the wires to create a spark (controversial during broadcasts in 1970s television crime criticized for "teaching people to steal cars"). Thieves now use the laptop to access the automobile's computer system, and voila. "Police and car insurers say thieves are using laptop computers to hack into late-model cars' electronic ignitions to steal the vehicles, raising alarms about the auto industry's greater use of computer controls. The discovery follows a recent incident in Houston in which a pair of car thieves were caught on camera using a laptop to start a 2010 Jeep Wrangler and steal it from the owner's driveway. Police say the same method may have been used in the theft of four other late-model Wranglers and Cherokees in the city. None of the vehicles have been recovered." The article concludes with the example filmed of a break-in in Houston. The thief, says the NICB's Mr. Morris, likely used the laptop to manipulate the car's computer to recognize a signal sent from an electronic key the thief then used to turn on the ignition. The computer reads the signal and allows the key to turn. "We have no idea how many cars have been broken into using this method," Mr. Morris said. "We think it is minuscule in the overall car thefts but it does show these hackers will do anything to stay one step ahead." No details on modifying the program to run on Android or iPhone -- there's not yet "an app for that." -
Meet The Company That Poached The FBI's Entire Silk Road Investigation Team (dailydot.com)
Patrick O'Neill quotes a report from The Daily Dot: The FBI team that brought down Silk Road has a new home. After headline-grabbing investigations, arrests, and prosecutions on some of America's highest-profile cybercriminals, five of U.S. law enforcement's most prized cybercrime aces have all left government service for greener pastures -- a titan consulting firm called Berkeley Research Group (BRG). BRG's newly hired gang of five includes former federal prosecutor Thomas Brown, as well as former FBI agents Christopher Tarbell, Thomas Kiernan, and Ilhwan Yum -- names that punctuated many of the biggest cybercrime stories of the last decade including Silk Road, LulzSec, Liberty Reserve, as well as the hacks of Citibank, PNC Bank, and the Rove Digital botnet; and the prosecution of Samarth Agrawal for stealing crucial code for high-frequency trading from the multinational, multibillion dollar bank Societe Generale. "Private industry provides a lot of opportunity," NYPD intelligence chief Thomas Galati told Congress earlier this year. "So I think the best people out there are working for private companies, and not for the government." -
Jet Strikes Drone Near Heathrow Airport (marketwatch.com)
smooth wombat writes: "A British Airways flight Sunday appears to have collided with a drone on a flight bound for London's busy Heathrow Airport in what may be the first such incident involving a major airline," according to MarketWatch. "The flight from Geneva, Switzerland to Heathrow, Europe's busiest hub, is believed to have struck a drone, the London Metropolitan Police said in a statement. The plane landed safely following the incident, which occurred around 12:50 p.m. local time. 'It was only a matter of time before we had a drone strike given the huge numbers being flown around by amateurs who don't understand the risks and the rules,' said BALPA flight safety specialist Steve Landells... 'Much more education of drone users and enforcement of the rules is needed to ensure our skies remain safe from this threat'." -
Autonomous Robots Begin Testing For New Delivery Service
An anonymous reader writes: "In the future, your food or package could be delivered by a coordinated fleet of self-driving vehicles," writes CBS Marketwatch, reporting on an "autonomous delivery startup" called Dispatch that's already begun pilot programs on two college campuses in California. A small droid-like vehicle "self-navigates the sidewalks at a pedestrian pace and uses cameras and LiDAR, a technology that measures distance using pulses of light, to avoid obstacles," according to site, noting that each robot in the fleet retains its data "and gets smarter with each trip." The company has already received $2 million in seed capital, and "What we're doing is we're using modern AI techniques to help the robot understand the world around it and react accordingly," one of the founders explains. "Once you imagine this it's hard to really imagine a future without it." -
Obama Is Forgiving the Student Loans of Nearly 400,000 Permanently Disabled People (marketwatch.com)
An anonymous reader writes: Hundreds of thousands of student loan borrowers will now have an easier path to getting their loans discharged, the Obama administration has announced. The Department of Education will send letters to 387,000 people they've identified as being eligible for a total and permanent disability discharge, a designation that allows federal student loan borrowers who can't work because of a disability to have their loans forgiven. The borrowers identified by the Department won't have to go through the typical application process for receiving a disability discharge, which requires sending in documented proof of their disability. Instead, the borrower will simply have to sign and return the completed application enclosed in the letter. -
Layoffs Reflect New Turbulence At High-Flying 3D Robotics (xconomy.com)
BVBigelow quotes a report from Xconomy: 3D Robotics, the drone maker that began life in Tijuana and San Diego, has been consolidating its operations after stumbling in its bid to go head-to-head against China's DJI, the world's biggest maker of consumer drones. In an interview with Xconomy, CEO Chris Anderson confirmed that 3DR has been reorganizing to focus its drone business on enterprise customers, but downplayed the significance of the high-flying robotic company's layoffs over the past six months. -
Perfect Coin-Toss Record Broke 6 Clinton-Sanders Deadlocks In Iowa (marketwatch.com)
schwit1 writes: While it was hard to call a winner between Hillary Clinton and Bernie Sanders last night, it's easy to say who was luckier. The race between the Democrat presidential hopefuls was so tight in the Iowa caucus Monday that in at least six precincts, the decision on awarding a county delegate came down to a coin toss. And Clinton won all six, media reports said. -
Perfect Coin-Toss Record Broke 6 Clinton-Sanders Deadlocks In Iowa (marketwatch.com)
schwit1 writes: While it was hard to call a winner between Hillary Clinton and Bernie Sanders last night, it's easy to say who was luckier. The race between the Democrat presidential hopefuls was so tight in the Iowa caucus Monday that in at least six precincts, the decision on awarding a county delegate came down to a coin toss. And Clinton won all six, media reports said. -
How Technology Is Increasing the Number of Jobs We Have (theguardian.com)
An anonymous reader writes: An article at The Guardian takes a look at the way in which we hold jobs as technology as changes. Its central thesis is this: "My father had one job in his life, I've had six in mine, my kids will have six at the same time." This may compress the generational changes a bit, but it's an interesting point; the average time people spend at one job has been trending downward for a long time. As technology enables the so-called "gig economy" (or "sharing economy," if you prefer), we're seeing many more people start to hold multiple jobs, working whichever one happens to give them something to do at a given time. Economist Jeremy Rifkin says, "This sharing economy is reestablishing the commons in a hi-tech landscape. Commons came about when people formed communities by taking the meager resources they had and sharing then to create more value. The method of regulation of these systems is also comparable. If people are trusted and vouched for they are accepted as part of the sharing economy group. If they behave badly they are excluded. Your social capital means everything in this new economy." -
Rovi and Michigan State University Establish Largest US Library Media Collection (marketwatch.com)
New submitter dbosman writes: A donation from Rovi Corp. announced Monday is bringing a gigantic media collection to Michigan State University that includes more than 850,000 CDs, DVDs, Blu-rays and video games. “We are honored to be the proprietors of the largest media archive in the country, which has quickly become the most requested material in the Michigan inter-library loan system,” said Clifford H. Haka, director of libraries, Michigan State University. “The ‘Rovi Media Collection’ dramatically enhances our teaching curriculum and research within the College of Music, popular culture and film studies, and an emerging gaming program. Assembling a collection of such cultural and historic importance and overall magnitude would simply not have been feasible with our current budget. On behalf of all of our users at MSU and across Michigan, we thank Rovi for this generous gift.” -
EFF: DMCA Hinders Exposing More Software Cheats Like Volkswagen's
ideonexus writes: Automakers have argued that the 1998 Digital Millennium Copyright Act makes it unlawful for researchers to review the code controlling their vehicles without the manufacturer's permission, making it extremely difficult to expose software cheats like the one Volkswagen used to fake emissions tests. Arguing that this obfuscation of code goes so far as to endanger lives at times, the Electronic Frontier Foundation (EFF) maintains that, "When you entrust your health, safety, or privacy to a device, the law shouldn't punish you for trying to understand how that device works and whether it is trustworthy." -
Hillary Clinton Takes Aim At 'Gig Economy'
SonicSpike writes with an excerpt from Marketwatch that says at least one major candidate in the 2016 electoral fight has made the "sharing economy" epitomized by Uber and Airbnb a campaign issue. In a major campaign speech in New York City, the former secretary of state didn't mention the ride-sharing service by name. But it was pretty clear what sort of companies she was talking about when she got to how some Americans earn money. "Many Americans are making extra money renting out a spare room, designing websites, selling products they design themselves at home, or even driving their own car," she said at the New School. But that sort of work comes with its own problems, she said. "This 'on demand' or so-called 'gig economy' ... is raising hard questions about workplace protections and what a good job will look like in the future," Clinton added. -
Carnegie Mellon Struggles After Uber Poaches Top Robotics Researchers
ideonexus sends a report from the Wall Street Journal (paywalled) saying Uber has poached 40 researchers from Carnegie Mellon University in an attempt to jump-start development of autonomous vehicle technology. In February, Uber and CMU's National Robotics Engineering Center announced a partnership to work together on the technology. But according to the WSJ, Uber quickly offered massive bonuses and salary increases to simply bring many of the researchers in-house. The NREC's new director made a presentation a few weeks ago about strategies for rebuilding and recovering. The presentation said NREC’s funding from contracts to develop technology with the U.S. Department of Defense and other organizations was expected to sink as low as $17 million from the $30 million originally projected for this year. Some contracts scientists were working on disappeared when the researchers left, accounting for the drop in funding. And it appeared the center would have to raise salaries significantly to prevent more exits. A few scientists left NREC for other companies in Pittsburgh because of concerns the center might be shut down, said two people familiar with the departures. -
TurboTax Halts E-filing of State Tax Returns Because of Potential Fraud
mpicpp writes with this news from Marketwatch: Intuit, the parent company of TurboTax, has stopped e-filing all state tax returns due to increased suspicion of fraud. The company says it is investigating criminal attempts to use stolen data to file fraudulent returns and claim refunds, after hearing concerns from a handful of states, Intuit spokeswoman Diane Carlini told MarketWatch. After a preliminary examination with security experts, Intuit believes its systems weren't breached, but crooks may have used TurboTax software to file fraudulent returns after stealing identities, she said. Intuit said in a release that "the information used to file fraudulent returns was obtained from other sources outside the tax preparation process." The company called pausing e-filings to states a "precautionary step." Utah, the first state to reach out to Intuit, issued a notice Thursday saying the state tax commission has discovered 28 fraud attempts that "originate from data compromised through a third-party commercial tax preparation software process," as well as 8,000 returns flagged as potentially fraudulent. -
DEA Cameras Tracking Hundreds of Millions of Car Journeys Across the US
itwbennett writes: A U.S. Drug Enforcement Administration program set up in 2008 to keep tabs on cars close to the U.S.-Mexican border has been gradually expanded nationwide and is regularly used by other law enforcement agencies in their hunt for suspects. The extent of the system, which is said to contain hundreds of millions of records on motorists and their journeys, was disclosed in documents obtained by the American Civil Liberties Union as part of a Freedom of Information Act request. -
Google To Spend $1 Billion On Fleet of Satellites
An anonymous reader writes "Google is planning to spend over $1 billion on a fleet of satellites to extend Internet access to unwired regions around the world. 'The projected price ranges from about $1 billion to more than $3 billion, the people familiar with the project said, depending on the network's final design and a later phase that could double the number of satellites. Based on past satellite ventures, costs could rise. Google's project is the latest effort by a Silicon Valley company to extend Internet coverage from the sky to help its business on the ground. Google and Facebook Inc. are counting on new Internet users in underserved regions to boost revenue, and ultimately, earnings. "Google and Facebook are trying to figure out ways of reaching populations that thus far have been unreachable," said Susan Irwin, president of Irwin Communications Inc., a satellite-communications research firm. "Wired connectivity only goes so far and wireless cellular networks reach small areas. Satellites can gain much broader access."'" -
Netflix Blinks, Will Pay Comcast For Network Access
We've mentioned several times the tension between giant streaming sources (especially Netflix), and ISPs (especially Comcast, especially given that it may merge with Time-Warner). Now, Marketwatch reports that Netflix has agreed to pay Comcast (amount undisclosed) for continued smooth access to Comcast's network customers, "a landmark agreement that could set a precedent for Netflix's dealings with other broadband providers, people familiar with the situation said." From the article: "In exchange for payment, Netflix will get direct access to Comcast's broadband network, the people said. The multiyear deal comes just 10 days after Comcast agreed to buy Time Warner Cable TWC -0.79% Inc., which if approved would establish Comcast as by far the dominant provider of broadband in the U.S., serving 30 million households" I wonder how soon until ISPs' tiered pricing packages will become indistinguishable from those for cable TV, with grouped together services that vary not just in throughput or quality guarantees, but in what sites you can reach at each service level, or which sports teams are subject to a local blackout order. -
Nokia Turns To Android To Regain Share In Emerging Markets
puddingebola writes "Nokia is preparing to release its first Android phone, as the lost market share in emerging markets from the death of Symbian has never been recovered. Windows Phone could never be adapted to the entry level devices that have driven growth in these markets, necessitating the move. From the article, 'Nokia was once the king of cellphones in emerging markets. But it has lost ground because it was slow to respond to Android's popularity in many countries. In India, where Nokia's Symbian-powered phones held a big share of cellphone sales just a few years ago, Android was installed on 93% of new smartphones shipped there last year, according to estimates from research firm IDC.'" -
SSD Manufacturer OCZ Preparing For Bankruptcy
JDG1980 writes "OCZ, a manufacturer of solid-state drives, says it will file for bankruptcy. This move is being forced by Hercules Technology Growth Capital, which had lent $30 million to OCZ under terms that were later breached. The most likely outcome of this bankruptcy is that OCZ's assets (including the Indilinx controller IP) will be purchased by Toshiba. If this deal falls through, the company will be liquidated. No word yet on what a Toshiba purchase would mean in terms of warranty support for OCZ's notoriously unreliable drives." -
A Makerbot In Every Classroom
Daniel_Stuckey writes "At the start of this year, President Obama nicely summed up the grandiose promise of 3D printing — or rather, the hype surrounding it. In his State of the Union address the president suggested the fledgling technology could save manufacturing by ushering in a second industrial revolution. That shout-out inspired a spate of buzzkill blog posts pointing out — rightly enough — that despite its potential, 3D printing is still in its infancy. It's not the panacea for the struggling economy we want it to be, at least not yet. Apparently the naysayers weren't enough to kill the 3D-printing dream, because, with support from the federal government, MakerBot announced its initiative to put a 3D printer in every school in America. The tech startup and the administration are betting big that teaching kids 3D printing is teaching them the skills they'll need as tomorrow's engineers, designers, and inventors." Caveat: Makerbot no longer produces open hardware, and they are pushing proprietary Autodesk software and educational materials as part of the free 3D printer. Makerbot also launched a call for open models of math manipulatives on Thingiverse (you might remember them from elementary school) so that teachers have something useful to print immediately. -
US Now Produces More Oil and Gas Than Russia and Saudi Arabia
Hugh Pickens DOT Com writes "Claudia Assis writes that the US will end 2013 as the world's largest producer of petroleum and natural gas, surpassing Russia and Saudi Arabia with the Energy Information Administration estimating that combined US petroleum and gas production this year will hit 50 quadrillion British thermal units, or 25 million barrels of oil equivalent a day, outproducing Russia by 5 quadrillion Btu. Most of the new oil was coming from the western states. Oil production in Texas has more than doubled since 2010. In North Dakota, it has tripled, and Oklahoma, New Mexico, Wyoming, Colorado and Utah have also shown steep rises in oil production over the same three years, according to EIA data. Tapping shale rock for oil and gas has fueled the US boom, while Russia has struggled to keep up its output. 'This is a remarkable turn of events,' says Adam Sieminski, head of the US Energy Information Administration. 'This is a new era of thinking about market conditions, and opportunities created by these conditions, that you wouldn't in a million years have dreamed about.' But even optimists in the US concede that the shale boom's longevity could hinge on commodity prices, government regulations and public support, the last of which could be problematic. A poll last month by the Pew Research Center for the People and the Press found that opposition to increased use of fracking rose to 49% from 38% in the previous six months. 'It is not a supply question anymore,' says Ken Hersh. 'It is about demand and the cost of production. Those are the two drivers."'" -
BlackBerry Confirms 4,500 Job Cuts, Warns of $950 Million Loss
An anonymous reader writes "Today BlackBerry announced that it expects its quarterly net operating losses to be somewhere between $950 million and $995 million. It also confirmed earlier reports that it would be cutting 4,500 jobs, roughly 40% of its total workforce. 'The loss is mainly the result of a write-off of unsold BlackBerry phones, as well as $72 million in restructuring charges. The company said that it would discontinue two of the six phones it currently offers.' According to the press release, BlackBerry is going to 'refocus on enterprise and prosumer market.' 'The failure of the BlackBerry 10 line of phones quickly led to speculation that the company, like Palm before it, would be broken apart and perhaps gradually disappear, at best lingering as little more than a brand name.'" -
Two Outside Bids For Dell Threaten Founder's Buyout Plan
An anonymous reader writes "Seven weeks ago, Dell announced a definitive agreement to be taken private by a group led by founder and CEO Michael Dell and the private equity firm Silver Lake Partners, assisted by a $2 billion loan from Microsoft and debt financing from a group of big banks. The deal was valued at $24.4 billion ($13.65 per share of Dell common stock), but allowed for a 45-day "go shop" period for alternative bids to be submitted to a special committee of Dell's board. Not all large shareholders were happy with the price, and early this month billionaire investor Carl Icahn threatened to tie up the buyout in court unless a large special dividend was paid to shareholders — without showing interest in buying the company himself. More recently, the private equity firm Blackstone Group jumped into the fray, and by Friday night's deadline both Blackstone and Icahn had submitted bids for Dell exceeding the original $13.65 per share agreement. Blackstone is said to be interested in installing Oracle's Mark Hurd as CEO, replacing Michael Dell. As Hurd was fired as Hewlett Packard's CEO in 2010 for alleged sexual misconduct involving an outside consultant named Jodie Fisher, he might have difficulty landing another CEO job at a publicly traded company; the Dell position could be an intriguing fit for both sides." -
Cisco Exits the Consumer Market, Sells Linksys To Belkin
Krystalo writes "Belkin on Thursday announced plans to acquire Cisco's Home Networking Business Unit, including its products, technology, employees, and even the well-known Linksys brand. Belkin says it plans to maintain the Linksys brand and will offer support for Linksys products as part of the transaction, financial details for which were not disclosed. This should be a relatively smooth transition that won't affect current customers: Belkin says it will honor all valid warranties for current and future Linksys products. After the transaction closes, Belkin will account for approximately 30 percent of the U.S. retail home and small business networking market." -
Open Source ExFAT File System Reaches 1.0 Status
Titus Andronicus writes "fuse-exfat, a GPLv3 implementation of the exFAT file system for Linux, FreeBSD, and OS X, has reached 1.0 status, according to an announcement from Andrew Nayenko, the primary developer. exFAT is a file system designed for sneaker-netting terabyte-scale files and groups of files on flash drives and memory cards between and among Windows, OS X, and consumer electronics devices. It was introduced by Microsoft in late 2006. Will fuse-exfat cut into Microsoft's juicy exFAT licensing revenue? Will Microsoft litigate fuse-exfat's developers and users into patent oblivion? Will there be a DKMS dynamic kernel module version of the software, similar to the ZFS on Linux project? All that remains to be seen. ReadWrite, The H, and Phoronix cover the story." -
Samsung Hits Apple With 20% Price Increase
EthanV2 writes "The Wall Street Journal cites a report which quotes a 'person familiar with negotiations between the two tech giants,' apparently confirming this special price hike for Apple. The source said: 'Samsung Electronics recently asked Apple for a significant price raise in (the mobile processor known as) application processor. Apple first disapproved it, but finding no replacement supplier, it accepted the [increase].'" -
Nvidia Doubles Linux Driver Performance, Slips Steam Release Date
leppi writes "Nvidia has announced a huge increase in Linux gaming performance for their GeForce R310 drivers after almost a year of development alongside Valve and other game developer partners. Nvidia's announcement also indicated the Steam beta for Linux should be out today. Quoting: 'Available for download at www.geforce.com, the new R310 drivers were also thoroughly tested with Steam for Linux, the extension of Valve's phenomenally popular Steam gaming platform that officially opened to gamers starting today. ... Comparing 304.51 driver performance of 142.7 fps versus 310.14 driver performance of 301.4 fps in beta build of Left for Dead 2. All tests run on the same system using Intel Core i7-3930K CPU @ 3.20GHz with 8 GB memory, GeForce GTX 680 and Ubuntu 12.04 32-bit.'" Update: 11/06 21:00 GMT by S : Valve has gone ahead and announced the Steam for Linux Beta. They've sent invites to a number of people who filled out the application, and they'll be inviting more as the test goes along. The beta test is available for installation on Ubuntu 12.04, with support for other distros to come: "We intend to support additional popular distros in the future; we’ll prioritize development for these based on user feedback." -
Supreme Court To Decide Whether Or Not You Own What You Own
Jafafa Hots writes "The Supreme Court is set to decide, in the case of Kirtsaeng v. John Wiley & Sons, whether or not First Sale Doctrine applies to products made with parts sourced from outside the United States. If the Supreme Court upholds an appellate ruling, it would mean that the IP holders of anything you own that has been made in China, Japan or Europe, for example, would have to give you permission to sell it. Your old used CDs, cell phone, books, or that Ford truck with foreign parts? It may not be yours to sell unless you get explicit permission and presumably pay royalties. 'It would be absurd to say anything manufactured abroad can't be bought or sold here,' said Marvin Ammori, a First Amendment lawyer and Schwartz Fellow at the New American Foundation who specializes in technology issues." -
Supreme Court Won't Hear Body-Scanner Appeal
stevegee58 writes "After a long string of legal setbacks, the case brought by Jonathan Corbett challenging TSA's use of full body scanners and enhanced pat-downs has come to an end. Today the Supreme Court declined to hear the case, so current TSA practices will stand. The TSA started allowing the use of the advanced imaging technology in October 2010." -
Will Your Books and Music Die With You?
theodp writes "Many of us will accumulate vast libraries of digital books and music over the course of our lifetimes, reports the WSJ, but when we die, our collections of words and music may expire with us. 'I find it hard to imagine a situation where a family would be OK with losing a collection of 10,000 books and songs,' says author Evan Carroll of the problems created for one's heirs with digital content, which doesn't convey the same ownership rights as print books and CDs. So what's the solution? Amazon and Apple were mum when contacted, but with the growth of digital assets, Dazza Greenwood of MIT's Media Lab said it's time to reform and update IP law so content can be transferred to another's account or divided between several people." -
Blizzard Says Battle.Net Has Been Hacked
An anonymous reader writes "Blizzard announced today that its Battle.net service was compromised. The company is urging users to change their login information immediately. Blizzard is stressing that payment information was not compromised. 'The unauthorized access included email addresses associated with Battle.net accounts in all regions, outside of China. Additional information from accounts associated with the North American servers (which generally includes players from North America, Latin America, Australia, New Zealand, and Southeast Asia) was also accessed, including cryptographically scrambled versions of passwords (not actual passwords), the answer to a personal security question, and information relating to Mobile and Dial-In Authenticators. It's important to note that at this time, Blizzard does not believe this information alone is enough to gain access to Battle.net accounts.'" -
FCC Asked To Reassess Cell Phone Radiation Guidelines
An anonymous reader writes "A U.S. government report released on Tuesday says the Federal Communications Commission needs to update its guidelines for limiting cell phone radio-frequency exposure. The limit was set in 1996 to an exposure rate of 1.6 watts per kilogram, and has not been updated since. The report does not advocate in favor of any particular research, and actually points out that the limit could possibly be raised, but says the FCC's rules have not kept pace with recent studies on the subject one way or the other. An executive for The Wireless Association said, 'The FCC has been vigilant in its oversight in this area and has set safety standards to make sure that radio frequency fields from wireless phones remain at what it has determined are safe levels. The FCC's safety standards include a 50-fold safety factor and, as the FCC has noted, are the most conservative in the world.'" -
CPU Competition Heating Up In 2012?
jd writes "2012 promises to be a fun year for hardware geeks, with three new 'Aptiv-class' MIPS64 cores being circulated in soft form, a quad-core ARM A15, a Samsung ARM A9 variant, a seriously beefed-up 8-core Intel Itanium and AMD's mobile processors. There's a mix here of chips actually out, ready to be put on silicon, and in last stages of development. Obviously these are for different users (mobile CPUs don't generally fight for marketshare with Itanium dragsters) but it is still fascinating to see the differences in approach and the different visions of what is important in a modern CPU. Combine this with the news reported earlier on DDR4, and this promises to be a fun year with many new machines likely to appear that are radically different from the last generation. Which leaves just one question — which Linux architecture will be fully updated first?" -
Willow Garage Announces New Open Source Robotics Foundation
An anonymous reader writes "Willow Garage has announced the launch of the Open Source Robotics Foundation. 'It's always been the intention of Willow Garage to create an independent body that can take our initial work in open source robotics and see it grow beyond the confines of a single organization,' said CEO Steve Cousins." -
Activision Blizzard Sued For Patent Infringement Over WoW, CoD
New submitter thunderdanp writes with news that a company called Worlds Inc. has filed a patent suit against Activision Blizzard, targeting World of Warcraft and the Call of Duty series. The patents in question describe a "System and Method for Enabling Users to Interact in a Virtual Space." Worlds Inc. is quite glad that "their" technology has "helped the businesses of virtual worlds gaming and the sale of virtual goods to grow into a multibillion-dollar industry" — but now they want a cut. -
Rob Malda (CmdrTaco) Joins the Washington Post
kodiaktau writes "Slashdot founder and long time cat herder Rob Malda joins the Washington Post per an announcement today. According to the press release, he will be the Chief Strategist and Editor-at-Large working for WaPo Labs." Rob has a more detailed description of the job on his blog: "Don Graham is trying to accomplish something that is a bit of a cliche these days: A startup inside an established corporation. A group that can exist at a nexus between newspapers, websites, cable networks, and TV stations and think about the big picture and the future without the normal burdens associated with a business operating at a large scale. ... They are actively iterating and experimenting in many directions, with strong support from the top of the organization. ... Washington Post executive editor Marcus Brauchli assures me that I'll also be working with the newsroom where I can contribute words, ideas, and tools that will improve the experience of the journalists doing work that I personally believe transcends the bottom line." -
Apple Has Too Much Money
Hugh Pickens writes "AP reports that last week during a question-and-answer session at the company's annual shareholders' meeting CEO Tim Cook said he believes Apple has more money than it needs and his next challenge is to figure out whether Apple should break from the cash-hoarding ways of his predecessor, the late Steve Jobs, and dip into its $98 billion bank account to pay shareholders a dividend this year. 'Frankly speaking, it's more than we need to run the company.' The question of how to handle Apple's cash stockpile is a touchy one, partly because company co-founder Jobs had steadfastly brushed aside suggestions that the company restore its quarterly dividend which Jobs suspended in 1995 when it was in such deep trouble that it needed to hold on to every cent to keep from going bankrupt. Marketwatch analyst Mark Hulbert writes that a compelling case can be made that a huge cash hoard actually represents grave danger for Apple. That's because too much cash often burns a hole in managers' pockets, and they end up doing a poor job of investing that cash—engaging instead in foolish pursuits like empire building. Hulbert adds that a good strategy for ensuring that Apple remains a hungry, growth-oriented entrepreneurial company might be for it to distribute much of its cash to shareholders."