Archive | Tech/Media

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Samsung Grabs the Throne From Nokia

Posted on 17 May 2012 by dana

HELSINKI – Nokia lost to Samsung that took place for 14 years as the largest handset maker in the world. The report was said on Wednesday by a British firm research.

Gartner said Samsung Electronics Co. sold 86.6 million cell phones in the first quarter, surpassing the 83 million provided by Nokia Corp.

Apple Inc. sold 33 million iPhones and has a global market share of nearly 8%.

Last month, the Strategy Analytics frim, based in Boston, said that Samsung had taken the place of Nokia as the leading seller of cell phones by volume in the first quarter. Samsung took over 25% of the world market, compared with the 22% of Nokia.

Both Gartner and Strategy Analytics said Nokia have placed third in terms of sales of smart phones behind the Samsung and the iPhone.

 

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Happy Birthday, Mark Zuckerberg!

Posted on 14 May 2012 by dana

Mark Zuckerberg, Facebook founder, turns 28 years old and holds a fortune of 17.500 million dollars, which is positioned in 35th place in the list of Forbes’ richest.

Zuckerberg, who was born in White Plains, New York, founded Facebook in 2004 in his dorm at Harvard, along with Dustin Moskovitz, Chris Hughes and Eduardo Saverin.

Eight years after its creation, the social network was launched on 1 February with the Securities and Exchange Commission (SEC) documents for an Initial Public Offering in order to raise 10.000 million. The operation may be the largest IPO of a company in Silicon Valley and is expected to occur this week.

If the price for its IPO is located in the range of 28 to 35 cents a share. Zuckerberg pocketed up to 1.100 million dollars, according to experts.

Zuckerberg is one of the leading entrepreneurs of Silicon Valley.

For experts, this is the most important explanation of why Facebook has not yet founded any formidable rival in the sector, including the challenge of Google last year.

Although a busy man, the young CEO gets challenges each year: in May 2011, Zuckerberg said he was willing to eat meat from animals he had killed.

In December 2010, the publisher, Bluewater Productions, released the biographical comic “Mark Zuckerberg: the Creator of Facebook.”

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Former Yahoo CEO has Cancer

Posted on 13 May 2012 by dana

NEW YORK – Scott Thompson, who resigned on Sunday from his post as CEO of Yahoo following revelations that his official curriculum included a degree he never received, has thyroid cancer.

The Wall Street Journal cited unidentified sources in reporting that Thompson revealed his state of health on the board of Yahoo and several of his colleagues before giving up his position in the company.

The newspaper added that, according to one of his sources, Thompson decided to resign in part due to medical diagnosis.

Thompson was hired in January as Yahoo CEO to fill the void created by the firing of Carol Bartz.

Thompson’s departure was encouraged by the investment fund, Third Point, which owns almost 6% of Yahoo shares.

Third Point found that Thompson had inflated his resume with a degree in computer science from the University of Stonehill.

Thompson in 1979, received a degree in Accounting from Stonehill, a Catholic school near Boston, but did not receive one in Computer Science.

After the departure of Thompson in the midst of scandal, Yahoo named Ross Levinsohn as its interim CEO.

Levinsohn, served as director of global media company, had a successful season in the internet service at News Corp before they hired Bartz in November 2010.

Yahoo shares saw a gain of 33 cents, or 2.2%, to reach 15.52 dollars in transactions prior to market opening on Monday.

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Oracle vs. Google: Who Will Win?

Posted on 08 May 2012 by dana

SAN FRANCISCO – A federal jury was unable to agree Monday on a crucial issue in a case where Oracle accuses Google of copyright violation, and thus played down their find strength that depended Google technology from another company to develop its popular Android for wireless devices.

The stalemate that emerged in a court in San Francisco complicates the attempt to Oracle Corp., receiving hundreds of millions of dollars from Google, on the basis that the Internet search leader improperly copied parts of Android Java programming system.

Although the jury decided that Android violates some copyrights of Java, the five men and seven women on the jury had different positions on whether the acts of Google were permissible under the provision of “fair use” falling under the U.S. law.

The fair use provision allows some parts of a copyrighted work that can be used in other creative expressions without permission, such as books, movies and software.

With the issue of “fair use” pending, it appears that Oracle now has little hope of emerging from the trial with a clear victory.

Oracle, a maker of computer programming, has been asking for a maximum of $1 million in damages and an injunction to reschedule Google Android if they can not reach an agreement on licensing.

The federal district judge, William Alsup, on Monday informed counsel for both parties unless there is a verdict on fair use, there is “zero findings of copyright liability”.

The jury also found that Android violates nine lines of Java code, but that demand would not have possibly worth more than $150,000 in damages, based on previous statements made in the process.

 

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Hackers Show No Mercy to the Federal Competition Commission

Posted on 03 May 2012 by dana

MEXICO CITY – The website of the Federal Competition Commission was again the subject of cyber attacks.

The office reported through a statement that access to its site has jumped off the day before.

“We rely on the speedy restoration of the site,” they said, while warning users about the dissemination of messages contrary to their objectives.

“We express our apologies for any inconvenience this represents,” they added.

The site of the Federal Competition Commission also underwent surgery on Sunday. On that occasion, as soon as you enter the page, a black background with the image of a green skull biting a sword is featured with the words “Hacked By Nob0dy”.

In this regard, the agency said they do not know the cause and the service was restored shortly before 15:00 hours on Sunday.

 

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Facebook Promotes Organ Donation

Posted on 02 May 2012 by dana

NEW YORK – Facebook is intended to help the public to donate organs.

Its CEO, Mark Zuckerberg said users in the U.S. and the UK will be able to register as organ donors through links on the largest social networking site.

Zuckerberg said his friendship with the co-founder of Apple, Steve Jobs , who received a liver transplant before dying last year, gave him the idea.

The executive of the giant social network announced the news on Tuesday on “Good Morning America”.

Some users of Facebook have already been registered as organ donors. Facebook is preparing a stock offering that is expected to be $5 million dollars.

The offer could raise the value of the company to $100 million.

 

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Apple’s Pathway to Evade Taxes

Posted on 30 April 2012 by dana

With a handful of Apple employees in a small office, the firm has made a strong corporate strategy: it has prevented millions of dollars in taxes in California and 20 other states.

The company headquarters is in Cupertino, California, but they will be putting an office in Las Vegas, just 200 miles away, to collect and invest their profits. Apple evades state taxes because the income tax in California is 8.84%, while in Nevada is 0%, according to a note from The New York Times published Sunday in print.

The newspaper argues that the creation of that office in Reno is one of the many methods that Apple used to reduce tax payments throughout the world by billions of dollars each year.

Apple has also created subsidiaries in low tax areas, like Ireland, the Netherlands, Luxembourg and the British Virgin Islands.

According to the article published Sunday, almost all large companies try to minimize their taxes and savings. Apple is especially attractive because its benefits are very high.

Wall Street analysts expect the firm could earn up to 45.600 million in its fiscal year, a record for any U.S. company.

The New York Times states that it is much easier for copyrighted firms (like Apple) and digital products to transfer their profits to low tax countries for groceries or car manufacturers.

“A downloaded application, unlike a car, you can sell from anywhere,” exemplifies the newspaper.

They added that in the past two years, 71 technology firms included in the stock market index Standard & Poor’s (including Apple, Google, Yahoo and Dell), published tax rates lower by one third to those of other companies within the index referral.

Without this kind of tactics, the payment of federal taxes in the U.S. firm would have been higher than reported last year ($2.4 million), according to a study by former Treasury Department economist, Martin A . Sullivan.

Last year, the company paid $3.3 billion in worldwide tax on profits of $34.2 billion, a rate of 9.8%. According to the newspaper, Apple does not indicate how much of that payments are made in America.

Apple responds

The newspaper said the firm pays a huge amount of taxes that help local, state and federal regulations.

According to research, in the first half of fiscal year of 2012, its U.S. operations have generated nearly $5 million dollars in federal income taxes and state, including income taxes withheld on income of employee actions.

“Apple has done all their business with the highest ethical standards, complying with applicable laws and accounting standards. We are very proud of the contributions from Apple,” the company said in a text to The New York Times on Sunday.

 

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Apple Flirting with Hollywood

Posted on 28 April 2012 by dana

LOS ANGELES – Apple began negotiations earlier this year to broadcast movies from three major movie studios in a number of devices including the expected TV.

Apple now selling a decoder for $99 that attaches to your TV and allows users to view online content from Netflix and MLB channel. The company was set up by Lions Gate Entertainment Corp, MGM and Paramount Pictures.

One source told Reuters that any negotiations would include the decoder as well as upcoming devices that allow viewing “streaming” content, like display online media content and simultaneously download.

Apple will launch a television set before the end of this year or early 2013, to drive its next phase of growth, and could revolutionize the industry.

Apple has been much of last year seeking to ensure major Hollywood titles. Conversations with EPIX are in their early stages and still far from reaching an agreement, said a source.

EPIX sealed the agreement in 2010 with Netflix, where they paid $200 million a year for the rights to stream movies to their 23.4 million U.S. customers.

Apple declined to comment on what they called “speculation” and also declined to speak on the matter from Netflix and EPIX.

 

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Google Rejected Street View Penalty

Posted on 27 April 2012 by dana

SAN FRANCISCO - Google on Thursday refuted the decision of the authorities of communication in the United States to impose a fine of $25,000.

According to authorities, Google broke the law to collect personal information transmitted via wireless networks and unsecured Wi-Fi, when photographing from 2007 to 2010 in several neighborhoods to the Street View maps system.

The government commission said that Google blocked the investigation conducted to determine whether the company violated federal law.

Google blames the commission to delay the investigation, which lasted 17 months.

In the letter, the company said it regularly responded to requests from the commission, but sometimes went from seven to 12 months without response.

Despite the objection, the giant said it decided to pay the fine to close the case.

 

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Egnyte Looks to Topple Box Supremacy

Posted on 26 April 2012 by admin

The cloud storage arena has many a player in the race to the top. On the business terrain, Box looks well set to rule. But then, rival Egnyte wouldn’t let it score all the brownie points so easily. Or, so it seems.

Egnyte wants to topple the Box supremacy and in that bid is rolling out a unique Box Buster Buyout program. Dropbox is leader in the cloud storage and large file transfer space in the consumer arena, while Box is reigning over the business terrain. It is Box’s supremacy that Egnyte is looking to ram into. As the name of the initiative indicates, the sole aim is to bust Box by luring customer companies. The Box Buster Buyout program has in the anvil a mega onslaught over Box. Touting themselves to be a better service provider, Egnyte says they offer out-of-the-world cloud storage choices for businesses big and small.

Going by what Box boasts, they have options for companies who don’t even have an IT department. When it comes to Egnyte, what they have on offer is a pure cloud solution. Touting a hybrid approach that combines on-premise and cloud- based storage, Egnyte can sync data from servers, from network attached storage (NAS) or a virtual appliance, to the cloud. Further, more granular controls for granting or restricting access to folders and sub-folders are also offered.

The Box Buster Buyout program is being proclaimed as an innovative and aggressive marketing campaign aimed at forcing
customers to switch loyalties toward Egnyte. The promotion will need customers to sign up for one year of service on the annual payment plan, says Egnyte. Customer companies will also need to provide evidence that they are current Box customers, and have been using Box for at least two months in order to qualify. Now, that’s interesting, right. Once these customers come in, they will get the Egnyte service absolutely free for the rest of 2012.

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