National NewsTime Warner Cable loses more video customers in latest quarter
Time Warner Cable lost a net 184,000 household video customers in the three months ended Sept. 30, far more than the 136,000 that market research firm StreetAccount had estimated. The company, which is being acquired by market leader Comcast Corp for $45.3 billion, lost a net 152,000 customers in the April-June quarter. Comcast reported higher quarterly revenue and income last week as more people signed up for high-speed internet and fewer customers dropped their cable subscriptions. As of Sept. 30, Time Warner Cable had 10.8 million household video subscribers, down from 11.4 million a year earlier.
Samsung seeks smartphone revamp to arrest profit slide
By Se Young Lee SEOUL (Reuters) - Samsung Electronics Co Ltd on Thursday said it would revamp its smartphone line-up to take on competitors in the rapidly growing mid-to-low range segment, after third-quarter earnings set it on course for its worst year since 2011. The global smartphone leader's market share declined in annual terms for the third straight quarter in July-September, lagging Apple Inc in the premium market and overtaken by rivals like Lenovo Group Ltd and Xiaomi Inc at the bottom end, research firm Strategy Analytics said. ...
Apple's Tim Cook says 'proud to be gay'
(Reuters) - Apple Inc Chief Executive Tim Cook publicly came out as gay in an article he wrote in Bloomberg Businessweek. Cook has never previously acknowledged his sexual orientation. "So let me be clear: I'm proud to be gay, and I consider being gay among the greatest gifts God has given me," Cook said in the article. (http://buswk.co/1DBoBfo) (Reporting by Anya George Tharakan in Bangalore; Editing by Sriraj Kalluvila)
Wal-Mart and allies in face-off with Apple Pay over mobile payments
By Nathan Layne and Nandita Bose CHICAGO (Reuters) - Suddenly it's Apple versus Wal-Mart in the fight for shoppers' digital wallets. With the development of a new mobile payment system, a group of retailers led by Wal-Mart Stores is aiming to upend the $4.5 trillion credit card market and control the precious transaction data generated at the checkout line. The difficulty of the task became clear this week when drugstore chains CVS Health Corp and Rite Aid , in a move apparently aimed at shoring up the retailers' pay system, stopped accepting payments on Apple Inc's iPhones. ...
Lenovo closes $2.91 billion acquisition of Motorola unit from Google
BEIJING (Reuters) - China's Lenovo Group Ltd said Thursday it has closed its $2.91 bln acquisition of the Motorola handset unit from Google Inc , paving the way for a fresh assault on the U.S. smartphone market. The purchase comes as Lenovo, the world's leading PC maker, ramps up its effort to diversify its business and establish itself as a smartphone maker with global appeal. Google acquired the iconic smartphone brand and its prized patent portfolio in 2012 for $12.5 billion but struggled to reverse Motorola's years-long decline. ...
Sony changes head of troubled mobile division
TOKYO (Reuters) - Sony Corp said on Thursday it would appoint senior vice president Hiroki Totoki as the new president of Sony Mobile Communications on Nov. 16, replacing Kunimasa Suzuki at the top of its troubled smartphone business. Totoki is currently serving as corporate planning director after Sony Chief Executive Kazuo Hirai pulled him back from a subsidiary to headquarters as one of his closest confidantes along with Kenichiro Yoshida, chief financial officer. ...
Tim Cook: 'I'm proud to be gay'
Apple's Tim Cook: 'So let me be clear: I'm proud to be gay'
Apple CEO Tim Cook comes out as gay in Bloomberg Businessweek column
Apple CEO Tim Cook on Thursday made a surprising announcement in an opinion piece on Bloomberg Businessweek, which is very much in line with his many public notes in the recent past about diversity at the workplace. “While I have never denied my sexuality, I haven’t publicly acknowledged it either, until now. So let me be clear: I’m proud to be gay, and I consider being gay among the greatest gifts God has given me,” Cook said in the essay. FROM EARLIER: Tim Cook offers a heartfelt tribute to Steve Jobs on the 3rd anniversary of his passing The executive admitted that he never hid his sexual orientation while working at Apple, even though he had not publicly declared it until now. “For
Microsoft Band is a Windows Phone fitness tracker that works with Android and iPhone too
Mysterious smart energy company raises $150 million, led by ex-HTC executive
Is HP's latest the PC of the future?
Samsung’s Q3 profit nosedives, stock soars
Investors sent Samsung shares soaring more than 4.5% on Thursday as the company reported dismal third-quarter earnings… that were thankfully less dismal than analysts were expecting. In a world where the high end of the smartphone market is being squeezed by more capable mid-range and low-end phones, Samsung’s response has been to flood the market with cheaper low-margin phones. How did that work out? In the third quarter, Samsung’s operating profit plunged 60% on year to $3.9 billion and its revenue slid 20% to about $44.6 billion. DON’T MISS: Hands on with the most surprising phone of the year, Motorola’s Droid Turbo One tweet from mobile analyst Horace Dediu says it all: Q3 (latest) Samsung’s Android device operating profit $18/unit. Estimated
Lenovo closes acquisition of Motorola Mobility from Google
LG obliterates the bezel with new smartphone LCD display
Everyone who has seen Sharp's Aquos Crystal smartphone has been impressed by it. Thanks to incredibly thin bezels on three sides of its display, that Japanese phone looks like a prop from a sci-fi movie rather than a real device. But LG already has something even better in the works with a new Full HD smartphone display that takes the bezels down to an unprecedented 0.7mm. That's only for the left and right edges of the screen, though looking at the images provided from LG Display shows a sufficiently futuristic panel that should make for some fine competitors to Sharp's smartphone.
Google's Android VP on why a pricier Nexus 6 may lead to higher sales
Motorola is now part of Lenovo
Motorola Mobility officially becomes part of Lenovo today. Lenovo’s acquisition was announced back in February for $2.91 billion, and today marks the finalization of the deal. Motorola is now "a Lenovo company," but the brand will remain as a subsidiary of Lenovo, headquartered in Chicago. "The iconic Motorola brand will continue, as will the Moto and DROID franchises that have propelled our growth over the past year," explains Rick Osterloh, Motorola president. ...
Samsung will 'fundamentally reform' its smartphones after dire earnings report
Samsung's earnings this past quarter have been exactly as downbeat as the company predicted: operating profit is down 60 percent and income from sales is now 20 percent smaller than a year ago. In other words, Samsung's spending more money to generate smaller revenues. This has all been down to Samsung's most lucrative and important mobile devices business, which has been struggling to adapt to a new competitive environment.
Microsoft smartwatch is official… but it’s more of an affordable fitness band
Just as previously rumored, Microsoft is also interested in the wearable space, and the company just launched a smart device for your wrist that’s supposed to offer health-related features at an affordable price. The Microsoft Band is not a smartwatch, but rather a fitness… well, band, that’s supposed to let users track workout data. FROM EARLIER: Microsoft just stuck a dagger into Google Drive and Dropbox The Microsoft Band is powered by Microsoft’s Health app, which lets users track heart rate, steps, calorie burn and sleep quality. Furthermore, the band offers notifications, such as incoming calls, texts, emails, calendar alerts, social updates and others, “right on your wrist,” just like other similar devices. The device comes with “cutting-edge” technology, Microsoft
US theaters advised to ban 'smart' watches and glasses
China's Xiaomi becomes world's third biggest smartphone maker without leaving Asia
Over the past three months, more than 327 million new smartphones were shipped out from factories around the world, and young Chinese company Xiaomi has been responsible for more than 5 percent of them. Xiaomi's rise has been remarkable both for how quick it has been and for the fact that the company still operates primarily in its home market of China. It has recently broadened its reach to adjacent countries in Southeast Asia like India and Singapore, but its growth remains testament to the incredible explosion in smartphone demand that China is experiencing.
Watch a working Project Ara prototype demonstrated ahead of Spiral 2 reveal
The engineers behind Project Ara are trying to make the last smartphone you'll ever need. It's an ambitious scheme, but engineers working at NK Labs in Boston have already produced a working prototype, which they showed off to modular smartphone evangelist Dave Hakkens during a recent visit. At the moment only half of the prototype's space is open to developers, but NK Labs says it has already improved on the Spiral 1: the Spiral 2 will use special Toshiba chips that will open up much of the phone's modular space for developer functions.
37 awesome things we saw at Tokyo Designers Week
Stephen Colbert takes on Gamergate with Anita Sarkeesian
Anita Sarkeesian, the creator of feminist video game critique Tropes vs. Women in Video Games, appeared tonight on The Colbert Report to discuss the Gamergate movement. Ostensibly a "consumer revolt" focused on ethics in video game journalism, Gamergate has been criticized for focusing much of its attention on harassing and threatening prominent women in the gaming industry, with Sarkeesian herself the focus of much of the vitriol.
China's Baidu says mobile investment a priority as third quarter revenue falls short
By Gerry Shih BEIJING (Reuters) - China's dominant search engine Baidu Inc said it would continue to invest significantly to adapt its business to the mobile era, a transition that has tripped up other Internet peers born in the desktop PC era like Google Inc . Sometimes known as the "Google of China," Baidu reported lower-than-expected 52 percent increase in third quarter revenue, and said it expected revenue growth in the fourth quarter to slow down marginally. The results pushed shares of the U.S.-listed company down 1.6 percent to $221. ...
Xiaomi moves into third place in global smartphone war
BEIJING (Reuters) - China's Xiaomi Inc has become the world's third-largest smartphone vendor just three years after first hitting the market, trailing only Samsung Electronics Co Ltd and Apple Inc, according to a new industry study. Strategy Analytics said Xiaomi accounted for 6 percent of all 320 million smartphones shipped during July-September. Samsung made up 25 percent, down from 35 percent a year earlier due to rising competition from several directions. Apple's share also fell slightly to 12 percent. ...
A massive success: 10 years of World of Warcraft
Can a game really have something for everybody? As the latest expansion prepares for launch, we speak to Ion Hazzikostas about the history and future of the game that has ruled the MMO roost for an entire decade.>
Samsung vows changes after mobile profit plunges
SEOUL, South Korea (AP) — Samsung Electronics Co. admitted erring in its smartphone strategy and vowed Thursday to overhaul its handset lineup after profit from those devices tumbled last quarter to the lowest in more than three years.
Microsoft launches wearable fitness device for $199
(Reuters) - Microsoft Corp launched a device called "Microsoft Band" that will allow users to monitor their fitness and exercise regime, marking the world's largest software company's debut into the wearable technology market. The wrist-worn device has sensors that monitor pulse rate, measure calorie burn and track sleep quality, Microsoft said in a blog post. (http://bit.ly/10AbJdJ) Microsoft said the device will be available in the United States in limited quantities from Thursday for $199. Apple Inc unveiled a smart watch on Sept. ...
Billionaires' $10m gift to Yale stirs debate in China
A Chinese billionaire couple's $10 million gift to Yale University sparked controversy among the country's Internet users Thursday, with some arguing that the money would be better spent on schools in China. The endowment marks the latest gift to a prestigious US university by Pan Shiyi and Zhang Xin, the husband-and-wife duo behind real estate giant SOHO China. In July, the couple gave Harvard University $15 million in the first stage of a $100 million programme that Pan and Zhang say will fund disadvantaged Chinese students at top institutions across the globe. "The SOHO China Scholarships aim to provide the best possible educational opportunities to the most outstanding students from Mainland China, enabling them to maximise their potential in their contribution to mankind," he added.
Baidu profit up 27 percent as mobile grows
BEIJING (AP) — Chinese search engine Baidu Inc. said Thursday its quarterly profit rose 27 percent as user traffic for its mobile operation surpassed passed its desktop computer-based search business.
Ridesharing company Uber gains ground in Las Vegas courtroom
LAS VEGAS (Reuters) - The ridesharing company Uber gained ground in Las Vegas Wednesday when a District Court judge ruled against a restraining order that would have temporarily prohibited it from operating in Clark County, the Las Vegas Review-Journal reported. Taxi drivers around the world have urged lawmakers to regulate or ban such services, which allow users to use apps on their smartphones to hire a private driver, rather than calling a taxi company. ...
Global smartphone market healthier than previously thought
Smart cocktail shaker teaches you to mix the perfect drink
Flipboard debuts a big redesign and The Daily Edition, a morning news section
Finding the right news to read is hard. That’s why hundreds of companies have jumped into the game offering different takes on what you might want to read, and why you might want to read it. Some apps offer expert-level curation, like Yahoo News Digest, which bundles ten stories into a simple package that comes every morning and evening. Other services like Circa hope to actually rewrite the news into tiny, bite-sized pieces. Then, there's Flipboard, the comparatively ancient older brother that does a great job aggregating news your friends post across all of your social networks.
|Collaboration software provided by iHost Solutions, Inc.|