You should have included the entire paragraph as it goes into even more detail than that;
Continued after your paste;
"We intend to use the net proceeds to us from our initial public offering for working capital and other general corporate purposes; however, we do not currently have any specific uses of the net proceeds planned."
So they may do something, but they dno't actually have a plan.
"We may use a portion of the net proceeds to us to satisfy a portion of the anticipated tax withholding and remittance obligations related to the initial settlement of our outstanding RSUs, which will become due approximately six months following the completion of our initial public offering."
Ah, so it'll also go towards their tax bill?
"Additionally, we may use a portion of the proceeds to us for acquisitions of complementary businesses, technologies, or other assets. However, we have no commitments with respect to any such acquisitions or investments at this time."
Again, they might buy some stuff, they might not, they don't really know.
Here's Facebooks problem. WP7 with Mango integrates social sites like Facebook and Twitter into the OS. You can see every aspect of someones profile; their wall, info, photos, etc and you can do all the Facebooky things like post, etc without ever actually having to use the Facebook site. I can only imagine that Google and Apple will (if they haven't already) also integrate these sites into their smartphone OS's. This would surely hurt Facebooks ability to get those ads in your face if you're using their service without actually going through their site.
I disagree, if it was illegal to sell used cars and you wiped out the used car market people would just keep their new car for longer as they'd have no incentive to trade it in after 3-4 years for the latest model. Instead they'd keep it 10+ years and the car manufacturers would probably go bust.
And as an example of people simply ignoring copyright issues look no further than the towing company that seized Kim Dotcoms vehicles, whose trucks have Pixars Cars characters emblazoned down the side:
I know the movie studioes didn't actually make a loss but it's a bit hypocritical to put out adverts stating piracy is taking food off the tables of actors, etc when the studios are the first to screw them out of their dues.
It doesn't make it acceptable just because those people are naive to the way the industry works
Well this is the same industry that can't even make a profit from massive Blockbusters like Star Wars and Forrest Gump. I mean, every film released is just a huge unprofitable loss after unprofitable loss which is why people like David Prowse and Winston Groom have yet to see their share of the profits. It honestly makes you wonder why Hollywood bothers making films when a film that costs £55million to make and takes in $657million in sales still makes a $64million loss.
I think Hollywood has bigger things to worry about than piracy, like maximising profits as any legitimate business would.
When will the FBI shutting down all those US based Usenet providers offering high speeds and 1000 day retention on binaries? No one is honestly paying $10-$40 a month for text articles, are they?
Re:It's been the case for years...
on
Who Goes To CES?
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· Score: 2
There used to be an Amusement Arcade Exhibition held in Blackpool every Easter at the Winter Gardens where they demo'd all the upcoming arcade games. I went every year from the mid-80s to the mid-90s (I was going between 6yrs and 14yrs old) when they stopped holding them. Most memorable year was when Mortal Kombat was first shown, I took a friend that year and nobody believed us when we told them how violent it was. Then a few months later it was all the rage. We also got a lot of cool stuff from Capcom that year.
Some of us are old enough to remember when games were about gameplay rather than shiny graphics. Rise of the Robots anyone? Of course, the reverse is true these days.
because no council in the UK has ever abused RIPA to spy on people for the purpose of, say, checking if a parent lives in a particular schools catchment area. That would never happen, would it?
They are capping your service, it's right there in their T&Cs. On 10Mbit your limit during peak times is 1.5Gb. Download more than that and you're at 25% of your bandwidth for five hours. On your service it takes you 25minutes of constant use to reach that limit. 25 minutes of use as it's intended in exchange for five hours of crippled service, that's fair, right? Right?!!?
I exposed them for STM back on DigiSpy in Nov 2006, die hard Telewest / VM fanboys refused to believe it, the thread ran for about 50 pages and I provided a ton of evidence (ie, download graphs showing the service at full pelt and then BAM, instantly reduced to a fraction of that service, the fact the lowered speed was constant and not all over the place proved they were throttling). Eventually they admitted it towards the end of that year and we are where we are today, except over the years Virgin have constantly moved the goalposts. Originally peak times were 5pm till midnight. Then it was 4pm till midnight, now it's 10am - 9pm with a break between 3pm-4pm. Of course, when the STM is turned off at 9pm your speeds don't magically go back up, if you hit the STM limit at 8:55pm then you're fucked until 3am. Of course, they've also now implemented throttling on the likes of Usenet and P2P and they insist this doesn't affect other services but the shitty rubberbanding in BF3 suggests otherwise.
They tell their customers to download overnight, as this won't impact other users, but over the last week or so I've been watching my speeds at 2am-3am and I'm lucky if I'm getting 5Mbit, it's a constant 450k/sec. This suggests to me they're now throttling traffic overnight as well and as most users will have simply scheduled to download and gone to bed they're none the wiser.
The only time I ever see full speeds these days now is actually in peak hours, right up until I hit the STM, and as I don't download in peak hours deliberately to avoid STM then I'm never actually seeing that full speed.
they can't even provide stable speeds to their existing customers, they're oversubscribed. On packages lower than 50mbit you have STM from 10am until 9pm, after 9pm they throttle certain traffic they deem 'low priority' until midnight (even on the 50mbit and 100mbit) thus encouraging people to download overnight only lately I've noticed speeds being less than 5mbit in the early hours of the morning on some traffic. Games can be and often are laggy as hell. What's the point of having an always on broadband connection if when you use it as intended you hit a limit within 5-10minutes (because at full throttle it won't take long to reach the limit for the package you're on) and get throttled down to 25% for 5 hours! VirginMedia still think we're in the early 2000s and everyone is simply downloading mp3's, browsing and reading email. Streaming HD movies, game patches that over 1Gb (ie, rage), onkine game purchases (bf3 is 11.5gb!), etc simply don't exist in VirginMedias fantasy world.
They want to keep offering the latest and greatest speeds and then seem shocked when anyone tries to actually use that service to it's potential and forever seeks different ways to hinder the customer.
oh this will go well. Anyone remember Labour's free laptops to poor kids? That was the scheme where they gave crappy ass £300 laptops to poor children at an expense of about £800 each to the government.
I bought a Kindle 6 weeks ago. It's probably my most used device. I use it for a few hours every day. I haven't charged it since I bought it! There's still about 20% battery remaining and I've had Wifi enabled from day one.
Also, it's unbeatable outdoors. I recently picked up a cheap Touchpad. Tried using it outside, it behaves like a giant mirror. It's either covered in grimy fingerprints which makes it barely legible, or it's polished clean which just reflects myself in it.
The Kindle is an amazing bit of kit for the price, but as people keep saying, Kindles and Tablets are two different things. Prior to my Kindle I used the Kindle PC app and read a few books on my laptop and seriously, now I have the Kindle I can't imagine going back to reading on a colour screen. The e-ink displays just feels so natural.
The difference in manufacturing costs between the 16Gb and 64Gb ipad is something ridiculous like $30. Yet the price difference at retail is about $200. It's suggested on various sites that Apple make over $500 profit on their 64Gb models. Same with 3G, the additional hardware costs $17 but the retail price between 3g and non-3g is absurd.
Slashdot Mirror
You should have included the entire paragraph as it goes into even more detail than that;
Continued after your paste;
"We intend to use the net proceeds to us from our initial public offering for working capital and other general corporate purposes; however, we do not currently have any specific uses of the net proceeds planned."
So they may do something, but they dno't actually have a plan.
"We may use a portion of the net proceeds to us to satisfy a portion of the anticipated tax withholding and remittance obligations related to the initial settlement of our outstanding RSUs, which will become due approximately six months following the completion of our initial public offering."
Ah, so it'll also go towards their tax bill?
"Additionally, we may use a portion of the proceeds to us for acquisitions of complementary businesses, technologies, or other assets. However, we have no commitments with respect to any such acquisitions or investments at this time."
Again, they might buy some stuff, they might not, they don't really know.
What could possibly go wrong?!
Here's Facebooks problem. WP7 with Mango integrates social sites like Facebook and Twitter into the OS. You can see every aspect of someones profile; their wall, info, photos, etc and you can do all the Facebooky things like post, etc without ever actually having to use the Facebook site. I can only imagine that Google and Apple will (if they haven't already) also integrate these sites into their smartphone OS's. This would surely hurt Facebooks ability to get those ads in your face if you're using their service without actually going through their site.
I disagree, if it was illegal to sell used cars and you wiped out the used car market people would just keep their new car for longer as they'd have no incentive to trade it in after 3-4 years for the latest model. Instead they'd keep it 10+ years and the car manufacturers would probably go bust.
No because everyone knows Edward De Vere wrote those plays, did you not see the documentary 'Anonymous'?
And as an example of people simply ignoring copyright issues look no further than the towing company that seized Kim Dotcoms vehicles, whose trucks have Pixars Cars characters emblazoned down the side:
http://farm8.staticflickr.com/7020/6729501185_d0f28547f5_b.jpg
I know the movie studioes didn't actually make a loss but it's a bit hypocritical to put out adverts stating piracy is taking food off the tables of actors, etc when the studios are the first to screw them out of their dues.
It doesn't make it acceptable just because those people are naive to the way the industry works
The first rule of....
The second rule of.... ;)
Well this is the same industry that can't even make a profit from massive Blockbusters like Star Wars and Forrest Gump. I mean, every film released is just a huge unprofitable loss after unprofitable loss which is why people like David Prowse and Winston Groom have yet to see their share of the profits. It honestly makes you wonder why Hollywood bothers making films when a film that costs £55million to make and takes in $657million in sales still makes a $64million loss.
I think Hollywood has bigger things to worry about than piracy, like maximising profits as any legitimate business would.
"All that with the money he made from piracy."
When will the FBI shutting down all those US based Usenet providers offering high speeds and 1000 day retention on binaries? No one is honestly paying $10-$40 a month for text articles, are they?
There used to be an Amusement Arcade Exhibition held in Blackpool every Easter at the Winter Gardens where they demo'd all the upcoming arcade games. I went every year from the mid-80s to the mid-90s (I was going between 6yrs and 14yrs old) when they stopped holding them. Most memorable year was when Mortal Kombat was first shown, I took a friend that year and nobody believed us when we told them how violent it was. Then a few months later it was all the rage. We also got a lot of cool stuff from Capcom that year.
But they were also on the verge of closing a £60billion deal. From what I understand they've been in profit about £3billion each year since.
Did you know Westinghouse was a British owned company sold by Gordon Brown for £2.9billion? Another spectacular own goal there.
But the enemy was Russia was it not, not the Iranians?
Some of us are old enough to remember when games were about gameplay rather than shiny graphics. Rise of the Robots anyone? Of course, the reverse is true these days.
correction... set up us the bomb
"For the next 2 to 3 decades natural climate variations will be far more significant rather than any man made factors" - Prof Mike Hulme, CRU.
He's a credible source isn't he?
because no council in the UK has ever abused RIPA to spy on people for the purpose of, say, checking if a parent lives in a particular schools catchment area. That would never happen, would it?
They are capping your service, it's right there in their T&Cs. On 10Mbit your limit during peak times is 1.5Gb. Download more than that and you're at 25% of your bandwidth for five hours. On your service it takes you 25minutes of constant use to reach that limit. 25 minutes of use as it's intended in exchange for five hours of crippled service, that's fair, right? Right?!!?
I exposed them for STM back on DigiSpy in Nov 2006, die hard Telewest / VM fanboys refused to believe it, the thread ran for about 50 pages and I provided a ton of evidence (ie, download graphs showing the service at full pelt and then BAM, instantly reduced to a fraction of that service, the fact the lowered speed was constant and not all over the place proved they were throttling). Eventually they admitted it towards the end of that year and we are where we are today, except over the years Virgin have constantly moved the goalposts. Originally peak times were 5pm till midnight. Then it was 4pm till midnight, now it's 10am - 9pm with a break between 3pm-4pm. Of course, when the STM is turned off at 9pm your speeds don't magically go back up, if you hit the STM limit at 8:55pm then you're fucked until 3am. Of course, they've also now implemented throttling on the likes of Usenet and P2P and they insist this doesn't affect other services but the shitty rubberbanding in BF3 suggests otherwise.
They tell their customers to download overnight, as this won't impact other users, but over the last week or so I've been watching my speeds at 2am-3am and I'm lucky if I'm getting 5Mbit, it's a constant 450k/sec. This suggests to me they're now throttling traffic overnight as well and as most users will have simply scheduled to download and gone to bed they're none the wiser.
The only time I ever see full speeds these days now is actually in peak hours, right up until I hit the STM, and as I don't download in peak hours deliberately to avoid STM then I'm never actually seeing that full speed.
they can't even provide stable speeds to their existing customers, they're oversubscribed. On packages lower than 50mbit you have STM from 10am until 9pm, after 9pm they throttle certain traffic they deem 'low priority' until midnight (even on the 50mbit and 100mbit) thus encouraging people to download overnight only lately I've noticed speeds being less than 5mbit in the early hours of the morning on some traffic. Games can be and often are laggy as hell. What's the point of having an always on broadband connection if when you use it as intended you hit a limit within 5-10minutes (because at full throttle it won't take long to reach the limit for the package you're on) and get throttled down to 25% for 5 hours! VirginMedia still think we're in the early 2000s and everyone is simply downloading mp3's, browsing and reading email. Streaming HD movies, game patches that over 1Gb (ie, rage), onkine game purchases (bf3 is 11.5gb!), etc simply don't exist in VirginMedias fantasy world.
They want to keep offering the latest and greatest speeds and then seem shocked when anyone tries to actually use that service to it's potential and forever seeks different ways to hinder the customer.
They do if they're badged 'NSX'
oh this will go well. Anyone remember Labour's free laptops to poor kids? That was the scheme where they gave crappy ass £300 laptops to poor children at an expense of about £800 each to the government.
I bought a Kindle 6 weeks ago. It's probably my most used device. I use it for a few hours every day. I haven't charged it since I bought it! There's still about 20% battery remaining and I've had Wifi enabled from day one.
Also, it's unbeatable outdoors. I recently picked up a cheap Touchpad. Tried using it outside, it behaves like a giant mirror. It's either covered in grimy fingerprints which makes it barely legible, or it's polished clean which just reflects myself in it.
The Kindle is an amazing bit of kit for the price, but as people keep saying, Kindles and Tablets are two different things. Prior to my Kindle I used the Kindle PC app and read a few books on my laptop and seriously, now I have the Kindle I can't imagine going back to reading on a colour screen. The e-ink displays just feels so natural.
You're a day behind; Dixons, Comet, Currys, PC World, Dabs and Amazon all had them cheap.
The difference in manufacturing costs between the 16Gb and 64Gb ipad is something ridiculous like $30. Yet the price difference at retail is about $200. It's suggested on various sites that Apple make over $500 profit on their 64Gb models. Same with 3G, the additional hardware costs $17 but the retail price between 3g and non-3g is absurd.
Portugal. It has been quite successful