Santa Clara, CA – Like something out of Nassim Nicholas Taleb’s book, “The Black Swan”, the Wall Street Journal reported this afternoon (after market close), that Intel Corp. was in talks to buy Altera Corp. Taleb also predicts that the so called experts will then tell us why it makes perfectly good sense for Intel to acquire Altera – all after the fact of course. more»
The UK Court of Appeal has turned down an attempt by Google to overthrow a previous verdict that allowed people to sue it over privacy settings.
The case, according to the BBC, centres around allegations that Google got round security settings on the Apple Safari browser and threw advertising cookies on people’s websites to advertise stuff. more»
It seems that BlackBerry has turned the corner as it reported a quarterly profit today – results that sent its share price up by over five percent.
Revenues however fell to $550 million for its quarter, down from $793 million in the same period last year. more»
More tales of poor sales of PCs have emerged.
This time it’s Central and Eastern Europe (CEE) which are showing a decline, according to IDC.
Sales fell in 2014 by a rather whopping 14 percent, representing 18.55 million units – it’s the second year in a row that this region has declined. more»
The RSA Conference next month will be missing “booth babes”.
According to a post by security expert Bill Brenner on the LiquidMatrix blog:
“All Expo staff are expected to dress in business and/or business casual attire. Exhibitors should ensure that the attire of all staff they use at their booth (whether the exhibitor’s direct employees or their contractors) be considered appropriate in a professional environment. more»
German car makers have been tied up with red-tape over driver-less car technology.
German auto-manufacturers have moaned that domestic laws limit their efforts to test the appropriate software for self-driving vehicles on public roads and this means that that US competitors, such as Google, are ahead when it comes to developing software designed to react effectively when placed in real-life traffic scenarios. more»
The head of the Apple Cargo Cult, Tim Cook has said that he will do something that Steve Jobs never did – give away his fortune.
Fortune magazine cited the head of the world’s largest technology corporation as saying he planned to donate his estimated $785 million fortune to charity – after paying for his 10-year-old nephew’s college education. more»
A British company is claiming that the social notworking site stole its design for a datacentre.
Facebook is being sued by BladeRoom Group (BRG) which that claims the social network stole its technique for building data centres and, perhaps worse, is encouraging others to do the same through the Open Compute Project. more»
PayPal has reached a $7.7 million settlement with the US Treasury for ignoring US sanctions and allowing money transfers to accounts linked to Iran, Cuba, terrorism and weapons of mass destruction.
According to DCIno, The Treasury Department’s Office of Foreign Assets Control (OFAC) detailed a damning string of instances in which the company accepted and processed 486 transactions totalling approximately $43,934 over a five-year period. more»
Dutch giant Philips had already said it would split its existing business into two companies – automotive lighting and LED and its healthcare business.
But now it looks like it’s exiting its core business – lighting – completely.
The lighting company will be spun off and will be floated on the stock exchange, probably in 2016. more»
Online giant Amazon said it is to offer unlimited cloud storage, offering two plans for people who want to upload vast collections of media that they have.
The first is called the Unlimited Photos Plan – it comes with a free three month trial, then a subscription of $12 a year – this lets you store as many photographs as you like on the Amazon Cloud and includes 5GB of extra storage for videos, documents or other files. more»
European Competition Commissioner Margrethe Vestager is set to start a year long quest to break down barriers to e-commerce trading across borders.
According to a report on Reuters, she believes barriers are preventing the growth of sales online. She also appy ears to believe that some companies are using the existing situation to block trade between the 28 European Union countries. more»
Biometric systems, particularly in relation to smartphones, look like they’re going to boom during this year.
ABI Research, a market analysis company, said that worldwide revenues for such systems will deliver $3.1 billion this year.
The systems will be targeted not only at home users but at authentication systems for the enterprise market, according to ABI. more»
It appears that Apple is set to release three more iPhones in the second half of this year.
Informed sources have leaked details of the models to Taiwanese wire Digitimes.
It reports that the phones will be the iPhone 6S, the iPhone 6S Plus and a four inch device currently codenamed the iPhone 6C. more»
Motorola has been told by a US jury that it used an idea in a patent troll’s portfolio without permission.
Intellectual Ventures’ claimed that it invented multimedia text messaging, something that Motorola said it came up with.
The jury, which deliberated for about a day and a half, cleared Motorola on a second patent related to wireless bandwidth, which it said was invalid. more»