The electronics giant’s FeliCa Networks subsidiary is modifying its FeliCa contactless card technology, widely used in Japan for public transit and e-money payments, for wearables.
The company is designing a low-power chip that could be used in wearables such as smartwatches and smart bands, giving them contactless e-money or transit functions or access to restricted areas.
That would allow users to board a train or bus simply by waving a smartwatch near a chip reader, eliminating the need for a separate smart card.
“The wearables field is just beginning so we’re considering what users will want with this functionality as well as what degree of compactness and power savings it will have,” a spokeswoman for FeliCa Networks said.
The company is also developing FeliCa smartcards with small LCD screens and a touch interface that can display information when users swipe their fingers across the cards.
This “interactive FeliCa card,” still in the prototype stage, can show the remaining balance of money stored in the card, for instance, or payment history.
While about 45 million Android smartphones in Japan have had the FeliCa chip since 2012, iPhones do not support it. The LCD smart card could link with iPhones via Bluetooth so users could check their balances on their phones.
FeliCa Networks hopes to introduce the LCD smartcards in the year to April 2016.
One in two people in Japan has a mobile phone with NFC FeliCa phone functions, according to FeliCa Networks.
The company has shipped more than 236 million of its Mobile FeliCa chips as of December 2013, while Suica, a FeliCa-based smartcard for railways in the Tokyo area, can be used in 230,000 stores.
Consumer and business shoppers can pay for products directly via bitcoins or through Coinbase, a third-party payment processing company, Dell said.
Buyers can pay for products through Bitcoin wallets or by scanning a QR code with a smartphone.
The volatile Bitcoin has had its share of controversies and exchange shutdowns as the currency matures. Companies like Overstock.com, Newegg, Expedia and some Amazon storefronts accept Bitcoin as a form of payment. But major retailers like Walmart and eBay have not warmed up to the idea. The value of one bitcoin was around $630 as of Friday, according to multiple cryptocurrency website.
There are some advantages to paying via Bitcoin. The form of currency is accepted around the world, and for Dell, the payment-processing cost is less than with credit cards.
But the form of payment has its quirks.
“Due to the nature of the Bitcoin network, once you initiate a Bitcoin transaction you cannot change or cancel it,” Dell said on a terms and conditions page.
Customers could seek refunds in the case of canceled transactions or product returns.
“For a qualifying return of product paid for in Bitcoin, any refund due will be remitted to the purchaser via check in U.S. Dollars for the full amount of the purchase price paid at the time of the original transaction, less any applicable restocking fees,” Dell said.
Google Inc is the more properly positioned than any company to benefit from the shift to mobile, increased local advertising and wearables, analysts said after the search giant posted its 18th straight quarter of 20 percent-plus revenue growth.
At least eight brokerages raised their price targets on the stock on Friday by as much as $75, to a high of $745.
The company, which is also set to benefit from the so-called “internet of things”, said that second-quarter revenue rose 22 percent to $15.96 billion, beating the average analyst estimate of $15.61 billion.
Growth was driven by the company’s core search business, YouTube and product-listing ads, which combined to drive three times as much mobile traffic for merchants compared with last year, Jefferies analysts wrote in a note.
Brokerage Jefferies maintained its “buy” rating and $700 price target on the stock.
Of the 46 analysts covering Google, 36 have a “buy” or a higher rating on the stock and 10 have a “hold”. There are no “sell” ratings, according to StarMine data.
Google earns most of its revenue from advertising.
The number of “paid clicks” by consumers on ads serviced by Google increased 25 percent year-on-year in the quarter.
However, the average price of the ads declined 6 percent as ad rates on mobile phones are typically cheaper than traditional online ads because of their smaller screens.
“Google is successfully transitioning its business from PC to mobile, and is arguably in a more favorable position in mobile than it was in PC, which should eventually be reflected in a higher multiple,” Deutsche Bank analyst Ross Sandler wrote in a client note.
Google also owns Android, the world’s most-used mobile software, and YouTube, the most popular video-streaming service.
Other online companies such as Facebook Inc and Twitter Inc are also revamping their advertising businesses to take advantage of the shift to mobile devices.
But Google has established unusually deep competitive “moats” around its business through scale, aggressive product innovation and substantial investment, RBC Capital Markets analysts wrote in a research note.
Google’s capital investment budget has topped $17 billion over the past five years, and the company has spent about $13 billion on research, according to analysts.
The company is also spending big to push into new markets with innovations such as wearable computers, ultra high-speed internet access and home automation – the “internet of things.”
AMD’s debt load is causing huge problems for the chipmaker — this quarter it had another substantial loss. The tame Apple Press has been claiming that AMD’s woes are caused by the fact it did not move to mobile as was directed by the profit Steve Jobs. They claim, along with some of the dafter analysts, that mobile computing has replaced the PC and companies that stuck to the “old technology” suffered.
However that does not explain how Intel made a stonking profit mostly because of its PC chip sales while its mobile division bled cash. The insistence that mobile was a replacement technology, rather than a parallel development which would not have been noticed if the economy had not tanked, is evidence of how many analysts and hacks drank the Jobs’ kool aid.
AMD’s problems are a lot more obvious. Each quarter it has to pay $49 million to service its huge debt pile. If it did not have to do this the company would have reported a non-GAAP operating profit of $67 million. In fact AMD’s revenue rose 24 percent to $1.44 billion in the second quarter. The company said its third-quarter revenue would rise 2 percent, plus or minus 3 percent, from the June quarter. That would be about $1.47 billion. Analysts on average had expected revenue of $1.44 billion in the second quarter and $1.57 billion in the third quarter.
AMD’s stock fell 15 percent in extended trade after the outfit said it had a net loss of $36 million in the June quarter, compared with a loss of $74 million, a year earlier. AMD has been expanding into non-PC markets like game consoles and low-power servers and it aims to obtain half of its revenue from those additional businesses by the end of 2015. It is also doing well in professional graphics.
Revenue in the Computing Solutions Group dropped 20 percent from a year ago, to $669 million, as microprocessor unit shipments declined. But notebook processor sales rose, while AMD sold fewer desktop processors and chipsets. GPU revenue declined as well, partially offset by a rise in chips sold into graphics workstations and add-on cards.
Since its introduction, Google’s social network has required that people use their real names in Google+ profiles, as part of an effort to help other people find them through the service.
“You need to provide both your first and last name for your Google+ profile,” the guidelines said. One could be an initial, but not both.
While that may have been a good idea for some, Google conceded Tuesday that it has also excluded people who don’t want to use their real name.
Google’s policy of trying to tie YouTube users’ accounts to their Google+ accounts has also sparked criticism among people who want to leave YouTube comments, or otherwise use the service, more anonymously.
For those reasons and others, Google said Tuesday that on Google+ there were no longer restrictions on the names people could use.
“We know you’ve been calling for this change for a while,” the company said in a blog post. The names policy has led to “unnecessarily difficult experiences” for some users, Google said, adding, “for this we apologize.”
In online comments on the Google+ page, people applauded the change. Others said it was too little, too late, or questioned whether it would lead to more spamming or cyberbullying behind the cloak of a fake name.
“Translation: It’s safe to come out and play again comment trolls,” one person wrote.
To clean up YouTube comments, Google overhauled the commenting system last year, to push “better quality” comments higher up. But shortly after making the changes, Google reported an increase in spam.
The announcement, just days before IBM releases its second quarter earnings, comes as the company attempts to shift its focus to software and services as its hardware unit continues to slump, and follows a string of mobile software acquisitions. The company hopes software sales will contribute half of its total profit by 2015.
The company will release more than 100 apps targeting industry specific issues in retail, healthcare, banking, travel, transportation and telecommunications IBM said on Tuesday.
“We wanted to focus on creating an absolutely irresistible workflow and processes and a design of apps that can be used by every user in the organization,” Bridget van Kralingen, IBM’s senior vice president of global business services told Reuters from Apple headquarters in Cupertino, California.
“We wanted to remove some of the existing barriers of mobile in enterprise,” she said adding that chief information officers worry about security, utilizing cloud and installing apps in mobile devices.
The partnership, which was six months in the making, will offer services geared at security, mobile device management and big data and analytics. The company also plans to develop cloud services optimized for Apple’s mobile operating system, iOS. The devices will operate through wireless carriers chosen by the client, she said.
BlackBerry Ltd shares were down 3 percent following the announcement. The Canadian smartphone maker has increasingly targeted its secure software at businesses as part of an effort to turn the company around after losing ground to Apple’s iPhone and Samsung Electronics Co.
Apple and Samsung have steadily expanded their share of the mobile enterprise market in recent years, mostly at Blackberry’s expense, while Microsoft Windows phones have made little headway.
Increasingly, Apple’s expansion has been driven by employees bringing in their own devices and requesting corporate support, the so-called bring-your-own-IT trend.
Hooking up with IBM may help address lingering concerns about smartphone software security and data privacy, in the form of a veteran partner that’s led in enterprise IT for decades.
“This deal is a very targeted attempt by Apple with the help from IBM to focus on the enterprise, corporate market which has really been the main business of Blackberry,” said Tim Ghriskey, chief investment officer at Solaris Group in Bedford Hills, New York.
The bank amassed huge quantities of Tibco software while it was still within the terms of a license agreement that expired in February 2013, then used the software for the project when it was out of license, according to the suit.
As of Tuesday, Bank of America hadn’t filed a response to Tibco’s suit, which was filed last month in the U.S. District Court for the Northern District of California. But a spokesman said the bank had done nothing wrong.
“We have a long history of positive relationships with our third party partners,” spokesman Mark Pipitone said via email. “In accordance with that, we have acted in good faith to observe the scope of Tibco’s license at all times, and we intend to vigorously defend ourselves.”
Tibco’s lawsuit provides a detailed narrative of Bank of America’s alleged wrongful deeds.
The bank is a long-time Tibco customer, and an addendum to its 2010 license agreement allowed Bank of America to deploy various Tibco products for a further three years from that date, the suit states.
But the license had “specific restrictions” on how the bank could deploy and make copies of the software, Tibco says. The restrictions aren’t specified in the lawsuit, which says some terms of the companies’ agreement are subject to a confidentiality provision.
About six months after the bank’s license expired, Tibco discovered the bank was “rolling out a large integration initiative called Merrill Lynch One,” the suit states.
It was initially deployed to 400 advisors in September 2013, with another 14,000 set to be migrated during this year, according to the suit.
The bank does “not have licensed copies of the TIBCO Registered Software, and have instead made unauthorized copies and used the same for the Merrill Lynch One Project,” the suit alleges.
The alleged stockpiling of software during the three-year license period resulted in an accumulation of copies worth at least $300 million, it says.
There is a spat brewing between Apple and its long term supplier Sharp. Sharp has been making Apple displays for ages and has an entire plant dedicated to this purpose. The manufacturing gear now belongs to Apple and Sharp wants to buy the equipment back for $293 million.
Apparently, Sharp wants to diversify its production and shift away from supplying only to Apple. Jobs’ Mob is amenable to the idea of selling the facilities but only if Sharp never sells anything to Samsung. Samsung mostly utilizes OLED screens in most of its products, so there is little for Apple to worry about. However some devices still use LCD screens and might have Sharp gear under the bonnet.
An agreement has not yet been reached and it seems unlikely as the manufacturer is not keen on accepting the blatant anti-competitive behaviour or as Apple would say “shrewed negotiation ability.”
Sharp does not want to piss off Apple. It is busy producing iPhone 6 screens for Apple and the Kameyama Plant No. 1 which is the one that Sharp wants to buy back, flat out.
Facing rising commercial demand for the devices, Dell has not been able to keep up with orders.
The Chromebook 11, which shipped in December, is listed as unavailable on Dell’s Chromebook website, and the company is asking potential buyers to call in orders.
“Due to strong demand, the Dell Chromebook 11 is currently not available for order on Dell.com. It continues to be available for our education customers and can be ordered through their sales representative,” said Ellen Murphy, a Dell spokeswoman, in an e-mail.
The laptop will eventually come online again, though the company did not provide a specific date.
With Dell keeping Chromebook purchases open mainly to commercial customers, individual buyers may have to turn to competitive products from Samsung, Toshiba, Lenovo and Hewlett-Packard, which are available online starting at under $200.
The Chromebook is a lightweight, low-cost computer for those who do most of their computing online. It has Google’s Chrome OS, and most applications needs wireless connectivity. However, more offline applications are becoming available.
Dell’s decision comes as Chromebook shipments rise and competitors launch new models. Chromebooks accounted for 35 percent of all U.S. commercial laptop shipments to date in 2014, jumping more than 250 percent compared to the same period last year. Chromebooks accounted for 5 percent to 6 percent of overall consumer laptop sales in the period, and that number will continue to rise, said Stephen Baker, vice president of industry analysis at NPD.
More than 20 Chromebook models are expected to be available by the end of the year. Acer last week shipped two C720 Chromebook models with Intel’s Core i3 chips. Dell spokeswoman Murphy said the company is committed to Chromebooks and will launch a new model with the Core i3 processor later this year.
Dell could be choosing commercial customers over individual shipments with Chromebook demand rising during the back-to-school season, Baker said.
“In a period when the product grows, you have to make some decisions,” Baker said.
Microsoft Corp is said to be planning its biggest round of job cuts in five years as the software giant moves to integrate Nokia Oyj’s handset unit, Bloomberg reported, citing people with knowledge of the company’s plans.
The reductions, expected to be announced as soon as this week, could be in the Nokia unit and the parts of Microsoft that overlap with that business, as well as in marketing and engineering, Bloomberg reported.
Since absorbing the handset business of Nokia this spring, Microsoft has 127,000 employees, far more than rivals Apple Inc and Google Inc. Wall Street is expecting Chief Executive Satya Nadella to make some cuts, which would represent Microsoft’s first major layoffs since 2009.
The restructuring may end up being the biggest in Microsoft history, topping the 5,800 jobs cut in 2009, the report said.
Some of the job cuts will be in marketing departments for businesses such as the global Xbox team, and among software testers, while other job cuts may result from changes Nadella is making to the engineering organization, Bloomberg reported.
Last week, Nadella circulated a memo to employees promising to “flatten the organization and develop leaner business processes” but deferred any comment on widely expected job cuts at the software company.
Nadella said he would address detailed organizational and financial issues for the company’s new financial year, which started at the beginning of this month, when Microsoft reports quarterly results on July 22.
Seagate has taken the the wraps off its first major foray into the NAS market.
The Seagate NAS and NAS Pro range will be marketed towards the growing number of small businesses, including SOHO, prosumer and startups. The basic Seagate NAS range has been designed for businesses of up to 25 people with the NAS Pro range targetting the up-to-50-staff market.
All aspects of the new products are created in-house including the new Linux based NAS OS 4, which Seagate’s Northern European Sales Director Edouard Doutriaux told The INQUIRER is aimed at giving customers “a premium experience without the need for the knowledge of a specialist IT department”.
The simple, flat interface minimises jargon but contains all the functionality of rival offerings including iSCiSi interfacing, RAID array and data encryption. In addition, a dedicated “SDrive” offers instant mapping of the NAS within a terminal’s Windows environment.
SDrive is also available for Windows, iOS and Blackberry from launch. Where drives are supplied, they will be dedicated Seagate NAS HDD drives, but Seagate’s SimplyRAID feature also supports mixed capacity drives without downtime.
NAS units are available in two and four bay editions, with a six bay edition added for Seagate NAS Pro. Capacities range from 2TB (2x1TB) for the basic NAS version up to 30TB (6x5GB) for NAS Pro, with diskless editions also offered. All editions share the same NAS OS 4 operating system.
Prices start a to $135 for a diskless standard edition and range up to $2000 for the 30TB pro version. All are available from Seagate now, with resellers coming online soon.
Earlier this year Seagate announced the “world’s fastest” 6TB hard drive, as well as a 2TB wireless portable hard drive.
Named the Mediatek MT6795, the chip is designed for use by high-end device makers for upcoming Android 64-bit mobile operating systems like the recently announced Android L, with support for 2K display up to 2560×1600 resolution.
The chip also features a clock speed of up to 2.2GHz along with Corepilot, which refers to Mediatek’s technology that aims to deliver higher performance per Watt to save power, thus increasing battery life on mobile devices while not sacrificing performance and bringing on board the power of eight cores.
The SoC also provides 4G LTE support, Mediatek said, as well as dual-channel LPDDR3 clocked at 933MHz for “top-end memory bandwidth” in a smartphone.
Mediatek VP and GM for Europe Siegmund Redl told The INQUIRER in a media briefing that the announcement is in line with the industry’s growth in the smartphone arena.
“There has been a discussion about ‘how many cores do you really need’ and what is the benefit [of octo-core],” Redl said. “Quad-core is pretty much mainstream today and application developers are exploiting the fact they can do multithreading and pipelining and parallel computing with handheld devices.
“This will not change with octa-core. When we started to introduce the first octa-core we were showing off a game with very intense graphics and processing that needed the support of multiple cores and again this is the way the industry is going; you bring out the hardware and the software development follows that and takes advantage of it and the user experience is a smoother one.”
The firm claims that the SoC features multimedia subsystems that support many technologies “never before possible or seen in a smartphone”, including support for 120Hz displays.
“With multimedia we raised the bar in terms of recording frames per second, such as slow motion replay with 480 frames per second, for much better user experience,” Redl added.
Multi-mode wireless charging is also supported by the SoC’s companion multi-mode wireless power receiver chip.
The Mediatek MT6795, dubbed the chip for “power users”, joins the firm’s MT6752 SoC for mainstream users and MT6732 SoC for entry level users. It’s the 64-bit version of the 32-bit MT6595 SoC that was launched at Mobile World Congress earlier this year, which features four ARM Cortex A17 cores and four Cortex A7 cores as well as Imagination Technologies PowerVR Series6 GPU for “high-performance graphics”.
Redl said that existing customers that use the MT6595 today for devices that are soon to be hitting the market can reuse the designs they have for the older chip as “they have a pin compatible drop-in with a 64-bit architecture”.
Redl said Mediatek will make the MT6795 chip commercially available by the end of the year, for commercial devices coming in early January or February.
According to a report in the Sunday Times, the country’s Federal Cartel Office would be given powers to curtail Google’s influence, were it decided that it had got too big for its boots.
A document obtained by the newspaper says that under the new rules, technology companies would be treated and regulated like utilities such as electricity and water and subject to the same anti-competitive pricing laws governing their advertising.
Proposals to legislate the internet as a utility are at the heart of the debate that’s under way in the US right now, where the Federal Communications Commission (FCC) is coming under increasing pressure to classify ISPs as “Title II” utilities in order to protect net neutrality.
In Europe, a commitment to net neutrality is already in place, and any German legislation would only serve to further solidify the country’s commitment to avoiding technology strangleholds.
Full details of the 30-page document are yet to be released, with varying reports of its potential impact, ranging from “last resort” to “all out regulation”.
The German government has always been militant in matters of data protection. In 2013, it warned consumers against using Microsoft’s Windows 8 operating system due to perceived security risks, suggesting that it provided a back door for the US National Security Agency (NSA).
Of course, this might have had something to do with the fact that German chancellor Angela Merkel was one of the first high-profile victims of NSA surveillance, with some reports saying that the NSA hacked her mobile phone for over a decade.
The U.S. Federal Communications Commission has committed to spend $2 billion over the next two years on upgrading Wi-Fi networks at schools and libraries, despite questions from Republican commissioners about the source of those funds.
The FCC, in a 3-2 party-line vote last Friday, approved a plan to revamp the 17-year-old E-Rate program, which pays for telecom services for schools and libraries, by phasing out funding for voice service, Web hosting and paging services, and redirecting money to Wi-Fi. FCC Chairman Tom Wheeler had proposed a $5 billion budget for Wi-Fi, but Republican commissioners and some lawmakers had questioned where the money would come from.
Still, the E-Rate revamp approved Friday contemplates a $1 billion-a-year target for Wi-Fi projects “year after year,” Wheeler said. The commitment of $1 billion for Wi-Fi in 2015 means that “10 million students are going to experience new and better opportunities,” he added.
In past years, the money available for E-Rate Wi-Fi projects varied from year to year, with no money available in the past year, FCC officials have said. The new approach would give schools and libraries a better idea of what money will be available, they said.
But the budget doesn’t make sense, with only about $600 million in reserves in the E-Rate program, said Republican Commissioner Ajit Pai. “The numbers for the Wi-Fi didn’t add up,” he said. “Where will that money come from?”
The phaseout of obsolete telecom services in the E-Rate program will pay for the Wi-Fi program, said Jon Wilkins, the FCC’s acting managing director. The cost savings from phasing out voice and other old services will amount to $350 million in 2015 and will rise to $950 million in the fifth year of the program, he said.
Pai and fellow Republican Commissioner Michael O’Rielly also criticized the E-Rate revamp as missing an opportunity to streamline the $2.4-billion-a-year program and take away some of the complexity for schools and libraries applying for funds. The program’s 17-page application scares off small schools and libraries that can’t afford to hire outside consultants to fill out paperwork, Pai said.
The FCC promised schools, teachers and students “E-Rate modernization,” Pai said. “They need real reform. What does the FCC give them today? The status quo.”
O’Rielly called on the FCC to develop a long-term plan for the E-Rate budget, paid for with fees on consumer telephone bills. He predicted the plan would lead to higher phone taxes.
RayV, founded in 2005, is focused on efficiently distributing HD-quality video to a global audience, with a focus on mobile.
Terms of the deal were not disclosed. “Yahoo is focused on growing video users and monthly streams, and while we’re only getting started, we’re very focused on this in 2014,” Yahoo said in its announcement of the deal.
RayV’s service will improve Yahoo’s underlying technology infrastructure, and most of RayV’s employees will join Yahoo’s R&D center in Tel Aviv, Israel.
A deal between Yahoo and RayV was in the works for at least a couple months, according to The Wall Street Journal. The acquisition comes as Yahoo CEO Marissa Mayer is focused on giving people more of a reason to visit Yahoo’s site, partly through original online shows.
Yahoo’s Screen portal includes a range of videos including original news, as well as content from partners like Comedy Central, BuzzFeed and Saturday Night Live.
Yahoo recently announced that it would be airing the television show “Community” on Screen, after it was canceled by NBC earlier this year.