King.com Has IPO In The Works
October 8, 2013 by admin
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King.com Ltd, the British mobile gaming firm best known for its popular puzzle game ‘Candy Crush Saga’, has filed confidentially for an initial public offering (IPO) in the United States, a person familiar with the matter said on Sunday.
Online technology companies are rushing to the stock market on the backs of Twitter Inc’s announcement earlier this month that it plans to go public in the most eagerly anticipated IPO since last year’s flotation ofFacebook Inc.
Emerging growth companies such as King can use a secretive IPO registration process in the U.S. thanks to the Jumpstart Our BusinessStartups (JOBS) Act, which loosened a number of federal securities regulations in hopes of boosting capital raising and thereby increasing job growth.
King has hired Bank of America Merrill Lynch Corp, Credit Suisse Group AG and JPMorgan Chase & Co to lead the offering, said the person, confirming an earlier report by the Daily Telegraph and asking not to be identified because the information is confidential.
Representatives for King and the banks either declined to comment or did not respond to requests for comment.
King offers 150 games in 14 languages through mobile phones, Facebook and its website. It boasts more than 1 billion gameplays per day from its users.
The company’s games appeal to a growing trend for players to play puzzles with their friends in short bursts, especially as games are increasingly played on the move on phones or tablets to kill spare minutes.
Rival Zynga Inc went public two years ago in a high-profile IPO that raised $1 billion. Since then, Zynga has suffered from sagging morale during several quarters of worsening performance and repeated waves of layoffs.
Founded in 2003, King has been profitable since 2005 and has not had a funding round since September of that year, when it raised 34 million euros ($46.04 million) from investment firms Apax Partners and Index Ventures.
Does Intel Need Help?
As time runs out for Intel to bring its Internet-based TV service by the end of the year, the outfit has approached Samsung and Amazon to ask them to lend a hand. Intel has asked about providing funding and distribution for the service. It looks like the set-top box project could be scrapped if a strategic partner isn’t found soon.
OnCue was supposed to allow users to watch live TV, on demand, and other offerings. Intel said it would provide the hardware and services directly to consumers and that the box would come with a camera that can detect who is in front of the TV. More than 300 engineers are working on the project under Erik Huggers, the head of Intel Media. A version of the service running on Intel hardware is testing with 3,000 Intel employees. Goodness knows what content they are running. Intel is having difficulty getting content deals.
Intel has yet to announce any TV programming partners, and Time Warner Cable and other cable TV providers have been pressuring channel owners to shun pacts with Intel and other Internet-based TV providers. Samsung, which ships millions of smart TVs, could distribute the service as a bundle, while Amazon could provide access to its growing library of movies and TV shows.
More OEM’s Seeking nVidia
As expected and announced, Zotac has now “joined the mobile gaming revolution” with the new Tegra Note 7 tablet and will be one of a handful of Nvidia partners that will sell it in both Europe and Asia-Pacific region for US $199.
In case you missed it yesterday when it was officially unveiled by Nvidia, the Nvidia Tegra Note 7 is based around a 7-inch 1280×800 IPS display and powered by Nvidia’s own Tegra 4 SoC with quad-core Cortex-A15 CPU and 72-core Geforce GPU paired up with 1GB of memory. It also packs some neat features exclusive to Nvidia, including a stylus with Nvidia DirectStylus technology as well as the 5-megapixel rear main camera backed by Chimera computational photography architecture revealed earlier by Nvidia. The camera will have support for both HDR as well as slow-motion video.
Unfortunately, Zotac did not announce the precise launch date so we are still stuck with Nvidia’s October time-frame and we are still to see the price of the new Tegra Note 7 in Europe.
Apple Hacked
October 2, 2013 by admin
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A group of German hackers claimed to have successfully breached the iPhone fingerprint scanner on Sunday, just two days after Apple Inc debuted the technology that it promises will better protect devices from criminals and snoopers seeking access.
If the claim is verified, it will be embarrassing for Apple which is betting on the scanner to set its smartphone apart from new models of Samsung Electronics Co Ltd and others running the Android operating system of Google Inc.
Two prominent iPhone security experts told Reuters that they believed the German group, known as the Chaos Computing Club, or CCC, had succeeded in defeating Apple’s Touch ID, though they had not personally replicated the work.
One of them, Charlie Miller, co-author of the iOS Hacker’s Handbook, described the work as “a complete break” of Touch ID security. “It certainly opens up a new possibility for attackers.”
Apple representatives did not respond to requests for comment.
CCC, one the world’s largest and most respected hacking groups, posted a video on its website that appeared to show somebody accessing an iPhone 5S with a fabricated print. The site described how members of its biometrics team had cracked the new fingerprint reader, one of the few major high-tech features added to the latest version of the iPhone.
The group said they targeted Touch ID to knock down reports about its “marvels,” which suggested it would be difficult to crack.
“Fingerprints should not be used to secure anything. You leave them everywhere, and it is far too easy to make fake fingers out of lifted prints,” a hacker named Starbug was quoted as saying on the CCC’s site.
The group said it defeated Touch ID by photographing the fingerprint of an iPhone’s user, then printing it on to a transparent sheet, which it used to create a mold for a “fake finger.”
CCC said similar processes have been used to crack “the vast majority” of fingerprint sensors on the market.
“I think it’s legit,” said Dino Dai Zovi,” another co-author of the iOS Hacker’s Handbook. “The CCC doesn’t fool around or over-hype, especially when they are trying to make a political point.”
Touch ID, which was only introduced on the top-of-the-line iPhone 5S, lets users unlock their devices or make purchases on iTunes by simply pressing their finger on the home button. It uses a sapphire crystal sensor embedded in the button.
Data used for verification is encrypted and stored in a secure enclave of the phone’s A7 processor chip.
Two security experts who sponsored an impromptu competition offering cash and other prizes to the first hackers who cracked the iPhone said they had reviewed the information posted on the CCC website, but wanted more documentation.
“We are simply awaiting a full video documentation and walk through of the process that they have claimed,” said mobile security researcher Nick DePetrillo, who started the contest with another security expert, Robert Graham. “When they deliver that video we will review it.”
The two of them each put up $100 toward a prize for the contest winner, then set up a website inviting others to contribute. While the booty now includes more than $13,000 in cash, it was not clear that the CCC would receive the full payout, even if DePetrillo and Graham declared them winners.
HP To Support The iPad
September 30, 2013 by admin
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Is your iPad out of warranty? Hewlett-Packard to the rescue.
HP updated its SmartFriend support service and will now troubleshoot problems with Windows, Android, Chrome OS, OS X and iOS products, according to a fact sheet describing the service.
“HP is expanding its HP SmartFriend service to provide 1:1 expert support for any brand of PC or tablet,” the company said. The plan previously supported PCs from HP and other vendors, as well as Macs.
Users can avail of the service to address general hardware, software and malware issues. HP says its agents can “remove viruses, improve PC performance, solve software errors, and connect devices to a wireless network with enhanced security.” The support is provided by phone or over the Internet, so don’t expect a technician to trot in and fix your iPad in person. But HP notes it can save you from driving to a store.
Unlike Best Buy’s Geek Squad service, HP’s service does not include hardware repairs. It can be tricky to change the battery or storage in tablets, so for iPads, the Genius Bars at Apple Stores may still be the best option for some repairs.
HP didn’t immediately comment on exactly what support it will provide for the iPad. HP printers offer wireless printing from iPads and iPhones. HP sells primarily Windows PCs and Android tablets, though on last Thursday it announced the Pavilion 14 laptop with Google’s Chrome OS.
While SmartFriend includes support for iOS devices, the service seems focused mainly on Windows products. Its technicians include “Microsoft Application Trainers, Microsoft Product Specialists, A+/MCP/MCSE Certified Professionals, Network Administrators and HTML Developers,” according to the fact sheet.
The service starts at US$9.99 per month and users can sign up for a pre-paid, monthly or yearly support plan. A “Complete Plan” supports two devices, while a “Family Plan” supports up to four devices.
HTC Cutting US Jobs
September 25, 2013 by admin
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In another sign of trouble at HTC, the Taiwan-based mobile device maker began downsizing its U.S. operations on Friday, eliminating an undisclosed number of staff.
The move is meant to “streamline and optimize” the company’s U.S. organization “after several years of aggressive growth,” HTC said in a Monday email. A company spokeswoman declined to specify how many employees would be affected.
“However, to achieve our long-term goals as a business and return maximum value to our shareholders, this is a necessary step to drive ongoing innovation,” the company said.
HTC has been facing a difficult year on weak earnings that have sent its stock price tumbling. In the second quarter, its net profit plummeted 83 percent year-over-year, despite strong reviews for its flagship smartphone, the HTC One.
The weak financials are major change from only a couple years ago when HTC was riding high selling Android smartphones in the U.S. But starting in late 2011, the company’s net profit has sagged on increased competition from Samsung and Apple.
To recover, HTC has focused on building up its “One” smartphone brand. In addition, the company has expanded its China presence, and in August launched a new marketing campaign that’s enlisted Hollywood actor Robert Downey Jr.
While the company has largely focused selling high-end handsets, in July HTC said it was planning on selling more mid-tier and entry level phones to regain market share. The new phones will launch at end of the third quarter or early fourth quarter.
But the company’s troubles go beyond issues with smartphone sales and marketing. In September, Taiwanese authorities arrested three HTC employees for allegedly stealing company secrets. One of the employees arrested was Thomas Chien, HTC’s vice president of product design.
HTC has declined to offer further details on the case.
FCC To Auction Spectrum
September 23, 2013 by admin
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The U.S. Federal Communications Commission will sell 10 megahertz of spectrum in the 1900MHz band for commercial mobile services in an auction set to start on Jan. 14, the agency announced.
The agency on last Friday set a minimum price for licenses in the so-called H block of $1.56 billion, with some of the money funding the First Responder Network Authority (FirstNet), a government board building a nationwide broadband network for public safety agencies.
The auction will help mobile providers address a predicted spectrum shortage, said Mignon Clyburn, the FCC’s acting chairwoman. The auction “will help close the spectrum gap as well as contributing to the goal of making mobile broadband available to our nation’s first responders,” she said in a statement.
Congress, in the Middle Class Tax Relief and Job Creation Act of 2012, required the FCC to license 65 megahertz of spectrum, including the 10 megahertz in the H block, by February 2015.
The FCC has considered auctioning the 1915-1920MHz and 1995-2000MHz spectrum in the past, but concerns about interference with a nearby PCS block kept the commission from moving forward. An FCC order adopted in June created technical rules to keep the H block from interfering with PCS signals.
Commissioner Ajit Pai praised Clyburn for scheduling the auction. The spectrum “will help deliver bandwidth-intensive mobile services and applications” over mobile networks, he said in a statement.
Does The Cloud Need To Standardize?
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Frank Baitman, the CIO of the U.S. Department of Health and Human Services (HHS), was at the Amazon Web Services conference praising the company’s services. Baitman’s lecture was on the verge of becoming a long infomercial, when he stepped back and changed direction.
Baitman has reason to speak well of Amazon. As the big government system integrators slept, Amazon rushed in with its cloud model and began selling its services to federal agencies. HHS and Amazon worked together in a real sense.
The agency helped Amazon get an all-important security certification best known by its acronym, FedRAMP, while Amazon moved its health data to the cloud. It was the first large cloud vendor to get this security certification.
“[Amazon] gives us the scalability that we need for health data,” said Baitman.
But then he said that while it would “make things simpler and nicer” to work with Amazon, since they did the groundwork to get Amazon federal authorizations, “we also believe that there are different reasons to go with different vendors.”
Baitman said that HHS will be working with other vendors as it has with Amazon.
“We recognize different solutions are needed for different problems,” said Baitman. “Ultimately we would love to have a competitive environment that brings best value to the taxpayer and keeps vendors innovating.”
To accomplish this, HHS plans to implement a cloud broker model, an intermediary process that can help government entities identify the best cloud approach for a particular workload. That means being able to compare different price points, terms of service and service-level agreements.
To make comparisons possible, Baitman said the vendors will have to “standardize in those areas that we evaluate cloud on.”
The Amazon conference had about 2,500 registered to attend, and judging from the size of the crowd it certainly appeared to have that many at the Washington Convention Center. It was a leap in attendance. In 2012, attendance at Amazon’s government conference was about 900; in 2011, 300 attended; and in 2010, just 50, Teresa Carlson, vice president of worldwide public sector at Amazon, said in an interview.
Are More Firms Moving To Tegra 4?
A curious rumor is coming out of Taiwan this morning. Nvidia is reportedly seeing more Tegra 4 orders, boosted by the Xiaomi Mi3 smartphone, Surface RT 2 and new tablets from Asus, Toshiba and HP. The source is Digitimes, or its moles in the “upstream supply chain” to be specific. Specific is not the word usually associated with such sources and we have no specific numbers to report.
However, while Nvidia is seeing a bit more interest for Tegra 4 it simply has no high-volume design wins and shipments will remain low until it is eventually phased out in favour of the Tegra 5. We wrote about Nvidia’s Tegra 4 volume woes last month, here.
The Tegra 4 still has just a handful of design wins and the fact that most of them are high-end tablets is not encouraging at all. Not much has changed since our previous report, although Nvidia did manage to land a single smartphone design win, albeit not a major one.
We still believe Tegra 4 shipments will be modest at best and new Android tablet design wins will not help much. Neither will the Shield and Tegra Note tablets.
MIT Develops Inflatable Antenna
September 17, 2013 by admin
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Satellites the size of shoe boxes, which are expected to one day allow researchers to explore space more efficiently, will soon have greater range.
MIT researchers have built and tested an inflatable antenna that can fold into such a satellite, then inflate in orbit to enable long range communications — from seven times the distance possible today.
The technology will let the small satellites, called CubeSats, move further into space and send valuable information to scientists back on earth.
“With this antenna, you could transmit from the moon, and even farther than that,” said Alessandra Babuscia, a researcher on the inflatable antenna team at MIT, in a statement. “This antenna is one of the cheapest and most economical solutions to the problem of communication. But all this research builds a set of options to allow the spacecraft … to fly in deep space.”
The MIT effort comes as engineers at the University of Michigan work on ways to propel such small spacecraft into interplanetary space. The team is building a plasma thruster that could fit in a 10-centimeter space and push a small satellite-bearing spacecraft into deep space.
The university researchers using superheated plasma that would push through a magnetic field to propel a CubeSat.
The MIT researchers are seeking to solve the communications problems and enable far-afield CubeSats to send data to and receive instructions from Earth.
The CubeSat devices cannot support radio dishes that are used today to let spacecraft communicate when far from Earth’s orbit.
The inflatable antennas significantly amplifies radio signals, allowing a CubeSat to transmit data back to Earth at a higher rate, according to the university.
MIT engineers have built two prototype antennae, each a meter wide, out of Mylar, which is a polyester film known for its strength and use as an electric insulator. One antenna was a cone shape, while the other looks more like a cylinder when inflated. Each fits into a 10-cubic-centimeter space within a CubeSat.
Each prototype contains a few grams of benzoic acid, which can be converted to a gas to inflate the antenna, MIT noted.
In testing, the cylindrical antenna performed “slightly better” than the cone shaped device, transmitting data 10 times faster, and seven times farther than existing CubeSat antennae.








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