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Google Acquires Instagram’s Rival
September 24, 2012 by admin
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Google Inc said it purchased Instagram rival Nik Software, which makes award-winning photo editing application Snapseed, for an undisclosed amount.
Google and Facebook Inc are locked in a battle for social network followers that has increasingly shifted to mobile applications, such as photo editing.
While not as famous as Instagram, available for free on Apple’s mobile devices, Snapseed has won a following for its editing prowess among photographers, despite a $4.99 price tag.
Nik Software says Snapseed has more than 9 million users while Instagram says it has more than 100 million.
“We want to help our users create photos they absolutely love, and in our experience Nik does this better than anyone,” Vic Gundotra, Google’s senior vice president, engineering, said on a Google+ post.
Facebook this year bought Instagram, which made an app for users to add filters and effects to pictures taken on their smartphones, for a cool $1 billion.
“Google’s playing chase up in social,” BGC Partners analyst Colin Gillis said. “It’s yet another tuck in they have done, trying to boost their Google+ offering.”
Snapseed won Apple Inc’s “iPad App Of The Year” award in 2011 for its multitouch photo editing interface.
“We’ve always aspired to share our passion for photography with everyone, and with Google’s support we hope to be able to help many millions more people create awesome pictures,” Nik Software said on its Website.
Google’s Gundotra also said that Google+ had hit over 400 million users this week and had just crossed 100 million
IBM Beefs Up
IBM is unveiling a new version of its Connections enterprise social networking (ESN) software, which businesses use to give their employees social media capabilities adapted for workplace collaboration, such as employee profiles and blogging.
Enhancements in IBM Connections 4.0 include a more interactive activity stream, broader support for mobile devices, more granular usage analytics and integration with email and calendar systems, according to Heidi Ambler, director of product management for IBM Social Software. It is available immediately.
“This new release helps customers grasp the power of social analytics, gives them anytime-anywhere access to the software and provides cutting-edge capabilities,” she said.
Instead of a list-like news feed, the new software has an activity stream in employee profiles that users can filter for relevance, as well as act on the notifications right from the Connections interface.
For example, users can trigger pop-up boxes from the activity stream notifications and see the latest comments made about a file, see who posted the latest version of it and add tags to it.
An integration with IBM’s own Lotus Notes-Domino and with Microsoft’s Outlook-Exchange email and calendar systems lets users manage email messages through Connections.
I.T. Spending On The Rise
Worldwide IT spending remains on track to increase by 6% in 2012 despite the grim economic conditions in Europe, thanks to strong software, storage, smartphone and tablet sales, according to IDC.
While 2012 has been a tough year for many IT vendors, they have done better overall than many expected in the first half of the year, IDC said.
For example, software spending has been robust, even in parts of the world where the economy has been weakest, as businesses hope software tools and applications will help them implement cost-reduction strategies.
The 6% growth compares to a 7% increase in worldwide IT spending last year. IDC expects 6% growth in 2013.
Software, storage, enterprise network and mobile device markets have offset weaker sales in servers, peripherals and PCs. However, the launch of Windows 8 during the fourth quarter should help the PC market recover next year, IDC said.
U.S. IT spending will grow by 5.9% in 2012, compared to 8.5% last year. However, the strength of the dollar during the first six months of the year means that IT spending in dollar terms will grow just 4% for the full year.
Oracle Wants More Money From SAP
Oracle is appealing the damages awarded from SAP that it was granted and is pushing for more.
The news has disappointed SAP, according to a German newspaper, and the firm is worried that the appeal will draw out the five year long legal battle even longer.
“We are disappointed that the lawsuit Oracle pulls further out,” said a SAP spokesman to the German newspaper Mannheimer Morgen.
“We had agreed on a sensible arrangement, because we believe that this case has gone on long enough. We remain committed to bring this dispute to an end.”
Neither firm has commented yet, but the appeal follows SAP’s admission of liability in the Tomorrownow affair.
SAP pleaded guilty last year and acknowledged that its Tomorrownow subsidiary had done wrong. Tomorrownow was accused of downloading information belonging to Oracle, including software and customer information related to Peoplesoft users.
Oracle was initially awarded $1.3bn in damages but this was knocked down to $306m by a judge who told it that it had two options, accept that sum or take SAP back to court.
Will Facebook Go Lower?
September 6, 2012 by admin
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Facebook is still overvalued and analysts are starting to agree with us that the company could fall to about $13 a share.
SmartMoney’s Jack Hough is being quoted by Forbes as saying that Facebook should be worth about half what is now – about $29.52 billion, or just a tad over $13 per share. Hough compares Facebook to Google which trades at 3.6 times its projected revenues for 2014. Analysts expect Facebook to have $8.2 billion in sales that year which means you just multiply this figure by about three.
All makes sense and is a similar view to what I said when Facebook issued its daft IPO and people lost their shirts and underpants on the deal. Part of the problem is still that Facebook has not worked out a good way to make money from advertising and it has not got an effective mobile strategy.
Microsoft Silent On Windows 8 Pricing
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With just two months remaining before the retail launch of Windows 8, Microsoft has yet to provide pricing on its new OS.
Analysts today blamed Microsoft’s attempt to accommodate both desktops and tablets with Windows 8 for the lack of information.
“The delay in releasing pricing is all about uncertainty around the PC market and competition from Apple,” argued Patrick Moorhead, principal analyst with Moor Insights & Strategy. “Microsoft needs to price Windows in a way that looks smart versus Apple’s OS X, doesn’t leave money on the table with commercial PC customers, and enables OEMs to compete better with the iPad.”
The delay in pricing Windows 8 is real: During the Windows Vista and Windows 7 cycles, Microsoft unveiled retail prices weeks before each OS made the RTM, or “release to manufacturing,” milestone, and four or more months before retail sales started.
Microsoft disclosed Vista prices 58 days before that edition’s RTM, and 148 days before retail availability. Windows 7′s prices were made public 28 days before RTM and 120 days before its on-sale date.
Does 4G Pose A Security Threat?
Could 4G Networks give way for more high-risk mobile security implications; Symantec is warning of such a wave of threats.
“We could see a move to the sort of threats that we already see on the wireless and fixed connected network,” John said. “Malware that you usually have on fixed networks, like botnets.
“There aren’t many botnets on mobile devices because the bandwidth’s not there to support it, once you go on to 4G [hackers] could start infecting systems.”
To ensure that enterprises avoid these these security threats, John advised that businesses need to be on their toes more than ever, look closely at everything that’s coming into the network, and not trust anything.
“Companies need to make sure that where traditionally it’s been a firewall with a perimeter with everything in a timeline environment,” John said. “What they need to look at is ‘what are my employees doing’, ‘what information is being shared’ and ‘how do we ensure our information is being protected no matter where it may be’, whether its mobile device, across networks or sitting in a cloud service.”
“This is a change we are going through, but 4G is going to push the need for that change even more so,” she added.
According to John, 4G will also be detrimental to businesses in the way it will add a greater burden for them to ensure that cloud services and mobility – what she calls “two of the biggest security challenges for enterprises and their employees” – are up to scratch.
Is Nokia Sitting On A Gold Mine?
August 31, 2012 by admin
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Mobile phone company Nokia might be suffering, but the big technology companies are hoping that it does not wake up to the fact it is sitting on a troll’s gold mine.
Recently Nokia flexed its muscles and orderied Apple to pay Nokia a royalty fee for each iPhone sold. Logically it could clean up if it hit Google with something similar over its Android operating system. According to IP expert Florian Mueller, Nokia holds the most patents relating to the cutting-edge 4G/LTE technology.
This puts it in a position similar to what Microsoft had with its 2G/3G technology which allowed them to collect half of all the profits of each Android device sold. This gave Microsoft more than $3.2 billion per year so this indicates that Nokia will make triple this amount in the future. Nokia has sued HTC, RIM and View-sonic and their defence against Nokia is weak.
To make matters worse Nokia signed a 2010 cross-licensing agreement with Motorola which precludes Google from transferring the numerous patents it recently acquired from Motorola Mobility. This means that any protection that Google might have gained from owning Motorola Mobility are not counted. But this is only the tip of any iceburg and indicates how the entire mobile phone industry can be stuffed up by patents.
Recently a Google executive claimed that a standard smartphone contains more than 250,000 separate patented technologies. All of these have to be paid before a product can be released. What is worrying is that Nokia own a vast majority of this patented technology.
Rambus Makes Cuts
Technology licensing firm Rambus Inc said it has reorganized its businesses into three divisions and will slash its workforce by 15 percent as part of its efforts to cut costs.
The company, which has posted a loss for the last three consecutive quarters, appointed a new Chief Executive in June.
Rambus expects to save between $30 million and $35 million in cash annually, most of it from cuts in its general and administrative expenses.
The Sunnyvale, California-based company said the reductions in expense and related workforce will begin in the coming weeks and are expected to be completed during the fourth quarter.
It will take a related charge of $6 million over the next two quarters.
As of December 2011, the company had 456 employees.
Rambus said it now operates three business units — Memory and Interfaces, Cryptography Research Inc and Lighting and Display Technologies. It also named Martin Scott as the new role of chief technology officer.
Dell Names Chief As Sales Tank
Dell has snagged a former Hewlett-Packard executive to head up its server, networking and storage division, a critical area for Dell as it tries to expand its data center business and reduce its dependence on PCs.
Marius Haas was head of HP’s networking business before leaving two years ago to join an investment firm. On Tuesday he was named president of Dell’s enterprise solutions business, where he’ll oversee the engineering, development and marketing of Dell’s enterprise products.
Haas replaces Brad Anderson, who ran Dell’s enterprise division since 2005 and is now leaving the company.
Dell announced the news on the same day it reported financial results for its second quarter, which closed Aug. 3. Its profit for the period declined 18 percent from a year earlier, to US$732 million, while revenue fell 8 percent to $14.48 billion, Dell said.
Its server and networking sales were among the highlights for the quarter, up 14 percent from last year, while sales of storage products were down 13 percent. Together, the three product categories account for about one-fifth of Dell’s overall business.