Autodesk slumps thanks to cloudy subscription model

grandpa_simpson_yelling_at_cloudThe software subscription model is taking a beating after the maker of computer-aided design (CAD) software, Autodesk cut its full-year profit and revenue forecast for the second time this year, sending its shares down seven percent.

Autodesk also reported lower than expected quarterly revenue as its licensing revenue declined because of the company’s shift to a cloud based subscription model. more»

Flash advertising starts to die out

additional-oxford-dodo-bookFlash advertising is starting to go the way of the dodo (pictured).

Amazon has decided to stop accepting Adobe Flash ads starting next month. The move affects not just the company’s website, but its whole advertising platform.

While one supplier, however big, giving up on a platform is not significant it is a wider sign that the buggy platform is dying and the industry is moving to HTML5. more»

Lightning strikes four times in Google’s cloud

1404213168796_wps_18_M_rten_Eskil_Winge_Thor_sIn what is a cloud supplier’s nightmare, a lightning storm in Belgium knocked out Google’s St Ghislain data centre causing power loss and damage to disk storage, leaving some customers without access to data.

The facility was hit directly by four successive lightning strikes which immediately took down the centre’s operations from Thursday until Monday, according to Google. more»

OLED gets Korean government boost

SONY DSCLG is closely collaborating with the Korean government to promote local manufacturing of OLED displays in a move which could see the cost of the technology fall.

LG announced yesterday that it was investing $10 billion in its flexible OLED and big-screen TV manufacturing and hoped to create an ‘OLED Value Chain’ to lower the currently high price of OLED displays. more»

Carphone Warehouse snuffled by watchdog over hack

watchdogThe UK’s data watchdog is “making inquiries” after Carphone Warehouse admitted that personal details of up to 2.4 million of its customers may have been accessed in a cyber-attack.

The attack was discovered on Wednesday, and made public on Saturday.
The encrypted credit card details of up to 90,000 people may have been accessed, the mobile phone firm said. more»