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DiD apple Rush The iPhone X

November 17, 2017 by  
Filed under Mobile

There seem to be more local problems popping up on Apple’s latest super expensive iPhone X.

According to Macrumors, one of the bugs is related to audio. Some people rich enough to own the latest phone are reporting buzzing and crackling from the stereo speakers.

Some people rich enough to own the latest phone are reporting buzzing and crackling from the stereo speakers.

One customer took his crackling iPhone X back to the Mac shop where he bought it and Apple replaced it with another phone which had the same problem.

So far Apple hasn’t publicly commented on the latest problem to afflict the shiny device but according to some reports the difficulty isn’t down to the hardware but to the operating system.

If that’s true, then the problem may well be fixable.

Over the weekend other buyers of the bright and shiny gadget claimed their phones were showing a green line on the devices display.

Meanwhile other news reports claim that you can beat Apple’s Face ID system by wearing an elaborate mask.  And it is an elaborate mask that you probably couldn’t knock up in your bedroom in a thrice.

Courtesy-Fud

Yahoo Out, Google In For Firefox Corporate Browser

November 16, 2017 by  
Filed under Around The Net

Alphabet Inc’s Google picked up a previous location as the default search engine on Mozilla Corp’s Firefox Internet browser in the United States and other regions as the browser maker stunned Verizon Communication Inc’s Yahoo by canceling their deal.

Google confirmed the move but declined, along with Mozilla, to disclose revenue-sharing terms of the multiyear agreement. Google’s growing spending to be the primary search provider on apps and devices such as Apple Inc’s iPhone has been a major investor concern.

 Google will be Firefox’s default search provider on desktop and mobile in the United States, Canada, Hong Kong and Taiwan, said Denelle Dixon, Mozilla’s chief business and legal officer.

The decision was “based on a number of factors including doing what’s best for our brand, our effort to provide quality web search and the broader content experience for our users,” Dixon said. “We believe there are opportunities to work with Oath and Verizon outside of search.”

Verizon said Mozilla terminating the Yahoo agreement caught it off guard.

“We are surprised that Mozilla has decided to take another path, and we are in discussions with them regarding the terms of our agreement,” said Charles Stewart, a spokesman for Verizon’s Oath unit, which oversees Yahoo.

The search provider switch came as Mozilla announced Firefox Quantum, a faster, new version of the browser that company says is “30 percent lighter” than Google Chrome in that it uses less computer memory.

For a decade until 2014, Google had been Firefox’s worldwide search provider. Google then remained the default in Europe while regional rivals such as Yahoo, Russia’s Yandex and China’s Baidu Inc replaced it elsewhere.

Former Yahoo Chief Executive Marissa Mayer won a five-year contract with Mozilla in 2014 when Firefox and Google’s Chrome browser were battling for users.

 Chrome’s U.S. market share has since doubled to about 60 percent, according to data from analytics provider StatCounter, with Mozilla, Apple Inc and Microsoft Corp browsers capturing the rest.

Yahoo paid Mozilla $375 million in 2015 and said that it would pay at least the same amount annually through 2019, according to regulatory filings.

Yahoo and Google aim to recoup placement fees by selling ads alongside search results and collecting valuable user data. Google said in October that contract changes drove a 54 percent increase in such fees to $2.4 billion in the third quarter.

 

Roku Signs Licensing Deal For Inclusion On Philips TVs

November 15, 2017 by  
Filed under Consumer Electronics

Roku Inc’s shares skyrocketed by 43 percent to a record high earlier this week after the streaming device maker said it signed a licensing deal that would put its technology on Philips-branded televisions in the United States this year.

The company said the licensing partnership with Japan’s Funai Electric Co Ltd, which manufactures Philips N.V. televisions for North American, would place its operating system on Philips’ smart TVs.

 Roku also said that it would give a $20 discount on its $69.99-priced streaming stick for the Black Friday weekend, and separately said its customer would get a free one-month trial of AT&T Inc’s streaming service DirecTV Now.

The barrage of news was well received by investors, who sent Roku’s shares jumping 28.5 percent to close at $42.71 on Monday. The stock hit a high of $47.49 earlier in the session.

“The price move was solely due to long shareholders bidding up ROKU’s stock price” and not due to investors covering their short positions in the stock, financial analytics firm S3 Partners said in a note.

S3 Partners said while the short interest in Roku has risen since its initial public offering (IPO) in late September, it has stayed relatively flat in November and isn’t likely to go up further due to the limited number of shares available to borrow.

Investors who sell securities short first borrow shares and then sell them, expecting the price to fall so they can then buy the shares back at the lower price, return them to the lender and pocket the difference.

Roku, one of the first to make a device to stream content such as from Netflix Inc onto TVs, is now combating deeper-pocketed entrants such as Apple Inc, Alphabet Inc’s Google and Amazon.com Inc among others.

Still, up to Monday’s close, Roku’s stock has now more than tripled from its IPO price of $14 on Sept. 27. The stock debuted at $15.78 on the Nasdaq on Sept. 28.

 Los Gatos, California-based Roku’s success in the stock market is in stark contrast to the fortunes of other technology companies to make their market debuts this year.

Snap Inc’s shares have fallen 26 percent since its February IPO, while Blue Apron Holdings Inc has lost about 70 percent since its IPO in June.

Qualcomm Rejects Broadcom’s Takeover Bid

November 15, 2017 by  
Filed under Consumer Electronics

Mobile chipmaker Qualcomm Inc officially rejected rival Broadcom Ltd’s $103-billion takeover bid, saying the offer undervalued the company and would face regulatory hurdles.

Shares of Qualcomm were up 1.8 percent at $65.74 in early afternoon trading, while those of Broadcom were down 0.4 percent at $263.95.

Broadcom said it would seek to engage with Qualcomm’s board and management, adding that it had received positive feedback from key customers and stockholders.

 “We continue to believe our proposal represents the most attractive, value-enhancing alternative available to Qualcomm stockholders and we are encouraged by their reaction,” the company said.

Both companies count Apple among their top customers. Analysts have said a deal between the two would help Qualcomm settle its legal battle with the iPhone maker as Broadcom has a closer relationship with Apple.

Analysts said Broadcom can now raise its bid, go for a proxy fight or launch a hostile exchange offer.

“Qualcomm’s ‘thanks, but no thanks’ response to the unsolicited bid by Broadcom isn’t surprising and we would be surprised if at this point, Broadcom didn’t move forward with a proxy fight,” Loop Capital analyst Betsy Van Hees told Reuters.

Alibaba Breaks Record, Sells More Than $25B In One Day

November 14, 2017 by  
Filed under Around The Net

Alibaba has new bragging rights.

The Chinese e-commerce giant broke records and calculated $25.3 billion in sales generated from 1.48 billion shoppers via Alipay on its annual Singles’ Day global shopping festival on Nov. 11, or 11/11, it said in a statement released Sunday. That’s an increase of 39 percent from last year.

Singles’ Day is perhaps the biggest online shopping extravaganza worldwide, dwarfing international equivalents like Black Friday and Cyber Monday. The day, chosen for the collection of ones in its name, started out as a kind of “anti-Valentine’s Day” where China’s lonely hearts revel in their singlehood. It was popularised by Alibaba as an annual online shopping spree in 2009, where participating companies offered discounts to shoppers for a 24-hour period.

International stars like Jessie J, Nicole Kidman and Pharrell Williams graced the gala this year, with Alibaba CEO Daniel Zhang expressing hopes to take it overseas, although no timeline was confirmed. Other Chinese online shopping platforms such as JD.com have also jumped on the bandwagon, contributing to a total of $38.2 billion in sales this year.

Alibaba said it raked in almost $12 billion within the first two hours, and the number more than doubled to over $25 billion by the end of the shopping bonanza.

Not everyone is celebrating Singles’ Day, however. Greenpeace released research days before the event showing it generated enormous amounts of CO2 emissions last year and called it a “catastrophe for the environment.”

 

Disney Plans To Take On Netflix With Streaming Service

November 13, 2017 by  
Filed under Consumer Electronics

Disney’s future streaming service will face off with Netflix, the reigning streaming champ, with lower prices, CEO Bob Iger said in an earnings call earlier this week.

In August, Disney announced its plans to pull movies like “Moana” from Netflix and instead stream them along with future films like the sequel to “Frozen” on its own service, which will launch in 2019.

Iger said:”I can say that our plan on the Disney side is to price this substantially below where Netflix is. That is in part reflective of the fact that it will have substantially less volume. It’ll have a lot of high quality because of the brands and the franchises that will be on it that we’ve talked about. But it’ll simply launch with less volume, and the price will reflect that.”

Iger went on to say that the company’s main goal starting out will be to attract as many subscribers as possible, diverting at least some of the wind out of Netflix’s sales.

Disney-owned brands include Pixar, Lucasfilm (of Star Wars), Marvel Studios (think of all those “Thor” and “Avengers”-themed shows and films) and the ABC television network. While Marvel shows developed for Netflix are expected to stay on that service, such as “Daredevil” and “Jessica Jones,” features like “Rogue One: A Star Wars Story” will likely move to Disney’s service.

Disney first signed a deal to stream content through Netflix in 2012.

 

Is Bitcoin’s Rising Value Finally Over?

November 13, 2017 by  
Filed under Around The Net

Bitcoin fell below $7,000 on Friday to trade more than $1,000 down from an all-time high hit earlier in the week, as some traders dumped it for a clone called Bitcoin Cash, sending its value up around a third.

Bitcoin has been on a tear in recent months, with a vertiginous sevenfold increase in value since the start of the year that has led to many warnings the bitcoin market – now worth well over $100 billion – has become a bubble that is about to burst.

 It reached a record high of $7,888 around 1800 GMT on Wednesday after a software upgrade planned for next week that could have split the cryptocurrency in a so-called “fork” was suspended.

But it has quickly retreated from that peak, falling to as low as $6,718 around 1330 GMT on Friday. It later recovered a touch to trade around $6,880 by 1645 GMT, but that was still down almost 4 percent on the day.

“The market realized that the price rise was an over-reaching, so people started selling… (and) there are many long and short positions that amplify price movements.”

As bitcoin tumbled, Bitcoin Cash, which was generated from another software split on Aug.1, surged, trading up as much as 35 percent on the day to around $850, according to industry website Coinmarketcap.

Twitter 280-Character Tweets Go Worldwide

November 9, 2017 by  
Filed under Around The Net

Microblogging website Twitter Inc, known for its iconic 140-character tweets, officially announced that it would roll out 280-character tweets to users across the world.

Twitter said it ran a test on 280-character tweets in September that showed users spent less time editing their tweets and were less likely to abandon them.

User posting in languages including Japanese, Korean and Chinese, which do not face the issue of “cramming”, will continue to have a limit of 140 characters, Twitter said.

The company did not say when it would start allowing users to post 280-character tweets.

Snapchat Launches Re-design

November 9, 2017 by  
Filed under Around The Net

Snap Inc is redesigning its disappearing-message app Snapchat hoping to attract a broader audience, going back to the drawing board as Wall Street clobbered it for another quarter of slowing user growth.

The Venice, California-based firm, whose March stock market debut was the hottest of any tech stock in years, reported revenue and user growth for the third quarter well below Wall Street expectations as it struggles to compete with Facebook Inc’s Instagram.

Snap has disappointed investors each quarter of its brief existence as a public company.

User growth in the last three months was well below what investment analysts expected. Daily active users rose to 178 million in the third quarter from 173 million in the second quarter. Analysts had expected 181.8 million, according to research firm FactSet.

Chief Executive Evan Spiegel said the company was launching the redesign after hearing for years that Snapchat was difficult to understand or hard to use.

“We are going to make it easier to discover the vast quantity of content on our platform that goes undiscovered or unseen every day,” Spiegel told analysts on a conference call.

The 27-year-old CEO said there was a “strong likelihood” the redesign would be disruptive in the short term, but said Snap was willing to take the risk for long-term gain.

Such a radical change so soon after an IPO is unusual.

Snap is not the only social media company looking to revive growth by changing its look. Microblogging service Twitter Inc said on Tuesday it would roll out 280-character tweets to users across the world, double the length of its iconic 140-character tweets.

Asked on the analyst call what Snapchat’s redesign would look like, Spiegel said the company had been studying the evolution of mobile content feeds such as Twitter streams and the Facebook News Feed and saw room for a “personalized content service.”

Spiegel said the company next year would also build more tools for people to share with broad audiences beyond their friends, the type of public broadcasting common on Instagram and Twitter.

“It seems like a significant amount of change in a short period of time,” analyst Rich Greenfield of BTIG told Spiegel on the call. He asked what led to the shifts.

Spiegel said Snap needed to evolve rapidly. “We’re just not afraid to make changes in the long-term interest of the business,” he said.

Is The iPhone X Too Fragile

November 9, 2017 by  
Filed under Mobile

The iPhone X is so fragile it will break the first time you drop it

 Cnet has just discovered to its horror that for some reason having two breakable glass surfaces makes the hugely expensive phone rather fragile.

In its breakability tests Cnet found that the glass on either side the iPhone X has more potential surface area to scratch. On the plus side, at least the stainless steel frame should, in theory, be tougher to scuff than the aluminium on previous models.

The tester rubbed the screen with medium grain sandpaper, the scratches were visible, and slightly more pronounced on the Space Gray version. Doing the same on the stainless steel frame left no visible scuffs.

“When I turned over the phones though, I noticed their screens already had some additional tiny dents and scratches just from rubbing up against the ceramic surface I was testing them on. They key test didn’t do much, and the sandpaper left a similar mark as on the back glass.”

The drop test from 3 feet (0.9 m) showed showed visible damage.

The back hit first, but it then did a flip and landed screen-side down with the back facing me so the tester could see the damage immediately. The glass from three of the four corners cracked at different degrees of severity and scuffed up the side of the camera mount. The bottom right-hand corner took the biggest hit and had the largest fracture flanking the corner. Even the stainless steel on the frame looked chipped on this side where the phone hit the floor. The top right corner also had a small tear and scuff on the frame, and another tiny bump on the bottom left hand corner of the glass.

If the phone was dropped on the screen it was destroyed.

There were deeper fractures extending diagonally across the entire back of the phone from the impact. There were new cracks on the bottom edge of the screen.

Everything still worked fine, but this iPhone X definitely looked banged up.

Of course Cnet loves Apple, so the writer did not warn users not to waste their money on such a lemon. Instead he advised wasting more money on Apple’s insurance.  A better solution would be to save money, and buy a phone at half the cost which is a little more robust.

Courtesy-Fud

Broadcomm, Qualcomm Merger May Face Resistance In China

November 8, 2017 by  
Filed under Consumer Electronics

The proposed mega-merger between chipmaker Broadcom Ltd and U.S. rival Qualcomm Inc is likely to face stern scrutiny from China, antitrust lawyers say, amid a strategic push by Beijing into semiconductors.

Broadcom made an unsolicited $103 billion bid for Qualcomm on Monday, aimed at creating a $200-billion-plus behemoth that could reshape the industry at the heart of mobile phone hardware.

But Chinese regulatory approval could be a hold-up. Beijing and Washington have sparred over technology deals, including in chips, with the Committee on Foreign Investment in the United States (CFIUS) knocking back a number of takeovers involving Chinese firms this year.

The thorny topic is likely to come up when U.S. President Donald Trump visits China this week – with Qualcomm executives in tow.

The merger would face a lengthy review from the anti-monopoly unit of China’s commerce ministry, due to strategic concerns, the huge size of the deal and because Qualcomm has come under fire before in the country over competition concerns.

“This is a critical industry for China and Qualcomm has been fined by the Ministry of Commerce (Mofcom) before so it’s on its radar,” said Wendy Yan, Shanghai-based partner at law firm Faegre Baker Daniels.

Qualcomm agreed to pay a record fine of $975 million in China in 2015 to end a probe into anti-competitive practices related to so-called “double dipping” by billing Chinese customers patent royalty fees in addition to charging for the chips.

China is making a major push to develop its own semiconductor industry under local champions such as Tsinghua Unigroup and Fujian Grand Chip Investment to help cut reliance on global operators including Qualcomm, Samsung Electronics Co Ltd and Intel Corp.

Sprint Signs Partnership Deal With Altice For Mobile Service

November 7, 2017 by  
Filed under Mobile

U.S. cable operator Altice USA will offer mobile service on wireless carrier Sprint Corp’s network under a new multi-year agreement, becoming the latest firm to enter the wireless market in a bid to retain customers.

The companies announced the agreement a day after Sprint and T-Mobile US Inc ended merger talks.

Under the terms of the agreement, Altice, the fourth-largest U.S. cable operator, will use Sprint’s network to provide voice and data services in the United States. It gave no timeline on when it will introduce such services.

The deal will allow Sprint to use Altice’s cable infrastructure to transmit cellular data and develop a next-generation network, or 5G.

Sprint and T-Mobile on Saturday called off merger talks to create a bigger U.S. wireless company to rival market leaders. That has left Sprint, the No. 4 U.S. wireless carrier, to engineer a turnaround on its own.

Japan’s SoftBank Group Corp, Sprint’s majority owner, said in a separate announcement on Sunday that it intended to increase its stake in Sprint but that it would keep ownership of outstanding common stock under 85 percent, a move that avoids triggering a tender offer for the remaining shares. SoftBank currently owns roughly 82 percent of Sprint.

U.S. cable companies have begun venturing into the wireless market as a way to bundle more services to reduce churn, or customer defections, at a time when more consumers are canceling cable subscriptions.

Comcast Corp started selling wireless service this year on Verizon Communications Inc’s network, and Charter Communications Inc plans to launch service next year.

Sprint, T-Mobile Ends Merger Talks

November 6, 2017 by  
Filed under Mobile

Sprint Corp and T-Mobile US Inc announced they have discontinued merger talks to create a stronger U.S. wireless to rival to market leaders, leaving No. 4 provider Sprint to engineer a turnaround on its own.

The announcement marks the latest failed attempt to combine the third- and fourth-largest U.S. wireless carriers, as Sprint parent SoftBank Group Corp, and T-Mobile parent, Deutsche Telekom AG, show an unwillingness to part with their prized U.S. telecom assets.

The companies’ unusual step of making a joint announcement on the canceled negotiations could indicate they still recognize the merits of a merger and could keep the door open for potential future talks.

The companies said they ended talks because they “were unable to find mutually agreeable terms.”

A combined company would have had more than 130 million U.S. subscribers, behind Verizon Communications Inc and AT&T Inc.

John Legere, president and chief executive of T-Mobile, said in the statement that the prospect of combining with Sprint was compelling but “we have been clear all along that a deal with anyone will have to result in superior long-term value for T-Mobile’s shareholders compared to our outstanding stand-alone performance and track record.”

Sprint CEO Marcelo Claure said that even though the companies could not reach a deal, “we certainly recognize the benefits of scale through a potential combination.”

Claure said Sprint has agreed it is best to move forward on its own with “significant assets, including our rich spectrum holdings, and are accelerating significant investments in our network to ensure our continued growth.”

Failure to clinch an agreement leaves SoftBank CEO Masayoshi Son, a dealmaker who raised close to $100 billion for his Vision Fund to invest in technology companies, with the need to find another option for Sprint.

Sprint is in the middle of a turnaround plan and has sought to strengthen its balance sheet by cutting costs. But industry analysts have expressed concern that the company, weighed down with total debt of $38 billion, has few financial options. Even though its customer base has expanded under CEO Claure, growth has been driven by heavy discounting.

Claure said in August that while Sprint could sustain itself, cost savings from a transaction were significantly better than remaining a standalone entity.

Analysts said an end to talks to T-Mobile would leave debt-laden Sprint without the scale needed to invest in its network and to compete in a saturated market.

Sprint has sought to strengthen its balance sheet by cutting costs. To shore up cash over the past two years, the company has already mortgaged a portion of its airwaves and equipment through sale leaseback deals.

Mark Stodden, telecom analyst at Moody‘s, said “To really take the kind of next step from a business that has been stabilized to a business that has been growing is going to require a new more intense investment phase.”

T-Mobile is a better position than Sprint as a standalone company, analysts have said. German majority owner Deutsche Telekom, which owns roughly 65 percent of the U.S. carrier, was the first major carrier to eliminate two-year contracts, a shift quickly embraced by consumers and copied by competitors. The company has also badgered rivals with its unlimited data plans.

Deutsche Telekom CEO Tim Höttges said in a statement on Saturday that T-Mobile has a “strong basis for growth in the upcoming years.”

AT&T, Time Warner Merger Deal Fate Still Uncertain At DOJ

November 3, 2017 by  
Filed under Around The Net

Will it or won’t it? That’s the question hanging over a megadeal between AT&T and Time Warner Cable valued at $85 billion as of last year.

According to The Wall Street Journal, the US Department of Justice is looking into how it would build a case against the acquisition in federal court, if it comes to that. Sources told the Journal that the regulatory agency is just as likely to reach a settlement with the companies that would let the deal go forward without running afoul of antitrust law.

At the heart of the Justice Department’s quandary is whether AT&T, the second-biggest wireless carrier in the US, will create a monopoly by buying Time Warner, the second-biggest cable company in the US. Combining the companies would place two huge consumer markets under one banner, making it so more consumers would pay all their bills for internet access and cable television to the same company.

Market analysts predicted smooth sailing for the deal, and the possibility of a lawsuit makes things more uncertain, according to the Journal.

  “When the DOJ reviews any transaction, it is common and expected for both sides to prepare for all possible scenarios,” AT&T said in a statement, noting that “vertical” mergers are always approved because they don’t eliminate competitors from the marketplace. “While we won’t comment on our discussions with DOJ, no reason in the law or the facts why this transaction should be an exception.”

Bitcoin Keeps Breaking Records, Surpasses $7,000 Mark

November 3, 2017 by  
Filed under Around The Net

Digital currency bitcoin took another leap higher on Thursday, soaring over $7,000 for the first time after a more than tenfold increase in its value over the past year.

Bitcoin has seen eye-watering gains in recent months, having more than doubled in value in the past seven weeks alone. It is on track for a fifth consecutive quarter of increases — a run not seen since 2012-2013, when it was approaching $100 for the first time.

 It hit as high as $7,354.10 on the Luxembourg-based Bitstamp exchange on Thursday BTC=BTSP, before settling back to $7,030, still up over 4 percent on the day.

Credit Suisse Chief Executive Tidjane Thiam expressed caution about the booming cryptocurrency, saying the current interest in it could eventually subside.

“From what we can identify, the only reason today to buy or sell bitcoin is to make money, which is the very definition of speculation and the very definition of a bubble,” he said on Thursday.

The latest rally was driven in large part by news earlier this week that the world’s largest derivatives exchange operator CME Group is to launch bitcoin futures.

“The move by such a well-known, established exchange throws open the doors for institutions to get into bitcoin,” said analyst Arnaud Masset at Swissquote, a brokerage that offers bitcoin trading to retail clients.

“Still, traditional investors will remain cautious and will not rush.”

Thursday’s price move took bitcoin’s aggregate value or “market cap” — its price multiplied by the number of bitcoins released into circulation — to more than $122 billion, according to industry website Coinmarketcap.

The aggregate value of all cryptocurrencies hit a record high of more than $194 billion, the website said, more than the market values of Goldman Sachs and Morgan Stanley combined.

“This has been another incredibly bullish week for the cryptocurrency, with the visible upside attracting investors from all directions,” said Lukman Otunuga, research analyst at FXTM, a brokerage.

“It must be kept in mind that bitcoin’s exponential gains are not only phenomenal, but (also) somewhat frightening.”

 

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