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TiVo To Be Acquired

May 9, 2016 by  
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Online entertainment company Rovi plans to purchase digital video recording firm TiVo for $1.1 billion in a stock and cash deal, the companies announced on Friday.

TiVo has cloud-based technology for integrating live, recorded, on-demand and Internet television into one user interface, with search, discovery, viewing and recording options from a variety of devices. Its technology has been deployed by operators including Virgin Media and Vodafone Spain.

Rovi announced in March that Sharp’s new Aquos TVs would include its G-Guide electronic programming guide.

The combined company is forecast to have more than $800 million in revenue in the current year. More than 10 million TiVo-served households are expected to be added to the current base of about 18 million homes that use Rovi guides. The new entity will serve nearly 500 service providers worldwide, the companies said.

The deal between Rovi and TiVo, besides creating a large media and entertainment technology company with complementary products and services, will also lead to the setting up of a company with a worldwide portfolio of more than 6,000 issued patents and pending applications worldwide.

The two companies have a strong licensing business and have also sued key players like  Comcast for patent infringement in the past. The companies said they have more than $3 billion in combined IP licensing revenue and past damage awards.

The transaction is expected to close in the third quarter and the combined company will use the TiVo name. Tom Carson, CEO of Rovi will be the chief executive of the new company.

Source- http://www.thegurureview.net/consumer-category/tivo-to-be-acquired-by-rovi.html

T-Mobile Revenue Up

May 6, 2016 by  
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T-Mobile US Inc reported a better-than-expected 10.6 percent rise in quarterly revenue and raised its forecast for customer additions in 2016 as popular discounts aided the No.3 U.S. wireless carrier by subscribers attract more business.

T-Mobile has been offering cheaper leasing plans and free music and video streaming to lure customers away from larger rivals Verizon Communications Inc and AT&T Inc.

T-Mobile, controlled by Deutsche Telekom, said it added 2.2 million customers on a net basis in the first quarter ended March 31.

That easily topped the average analyst estimate of 1.72 million, according to research firm FactSet StreetAccount.

The company said it expected to add 3.2 million to 3.6 million postpaid customers on a net basis in 2016, compared with its previous forecast of 2.4 million to 3.4 million.

T-Mobile’s 10.6 percent jump in quarterly revenue to $8.6 billion suggested its strategy to boost revenue was working. Analysts on average had expected revenue of $8.43 billion, according to Thomson Reuters I/B/E/S.

In comparison, market leader Verizon’s operating revenue rose just 0.6 percent to $32.17 billion.

AT&T is scheduled to report results later on Tuesday.

T-Mobile reported net income of $479 million, or 56 cents per share, for the first quarter, compared with a loss of $63 million, or 9 cents per share, a year earlier.

Source-http://www.thegurureview.net/mobile-category/t-mobile-revenue-up-continues-attracting-new-customers.html

Verizon Emerged As Favorite Bidder For Yahoo

April 26, 2016 by  
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Verizon Communications Inc is the clear favorite in the fast approaching bid for Yahoo Inc’s core Internet business, according to Wall Street analysts, in large part because the telecommunications company’s efforts to become a force in Internet content have gone relatively well under the leadership of AOL Inc Chief Executive Tim Armstrong.

Verizon acquired AOL last June for $4.4 billion – its first big foray into the advertising-supported Internet business – and it is not yet clear how well the unit is performing financially. Subsequent moves, including the takeover of much of Microsoft Corp’s advertising technology business, a deal to buy Millennial Media for about $250 million and the recent launch of the mobile video service go90, are also too recent to assess.

Yet analysts have given the big phone company high marks for allowing AOL to operate independently and folding in other recent acquisitions without much drama. And they said Armstrong seems to be driving Verizon’s recent moves in go90 and recent acquisitions.

“The management puts a lot of faith in Armstrong,” BTIG analyst Walt Piecyk said.

That faith derives in part from the belief that Armstrong did a good job at left-for-dead AOL, especially in assembling a strong set of products to deliver targeted digital ads to customers.

Combining AOL and Yahoo, an idea that has come up many times over the years, could instantly make Yahoo a major player in Internet advertising, with Armstrong – one of the world’s top ad executives – at the helm, analysts said.

Armstrong “has good M&A experience, and a pretty solid ad tech stack,” B. Riley & Co analyst Sameet Sinha said.

Verizon’s hands-off approach that has worked with AOL, though, might not be suitable if the far-bigger Yahoo were taken over. With Yahoo’s struggling business, “the luxury of autonomy is simply not there,” Recon Analytics analyst Roger Entner said.

Verizon, AOL and Yahoo declined to comment.

Source- http://www.thegurureview.net/aroundnet-category/verizon-emerges-as-favorite-bidder-for-yahoo.html

Is The Smartwatch Boom Really A Bust?

April 7, 2016 by  
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The bottom is dropping out of the smart watch industry as VC’s start to realise that the Apple dream is not making many people much dosh.

This week smartwatch maker Pebble CEO Eric Migicovsky blamed VCs for not giving him all the money he needs and laid off a quarter of its workforce.

Only a few years ago, Pebble was the darling of the crowdfunding crowd, having raised over $30 million on Kickstarter. This was when Apple was rumoured to be making one and the Tame Apple Press was claiming they were going to be the next big thing,

When Migicovsky confirmed the layoffs. He implied that VCs are now less keen on funding the dream.

Now Apple, which was said to be the market leader of smartwatches, has dropped the price of the Apple Watch by $50. It is probably not going to upgrade the next one with any serious bells and whistles. It looks like the only people who bought one were Apple’s hard core of fanboys who buy everything that Jobs’ Mob makes regardless of whether they need it.

The IDC sees wearable devices reaching 110 million by the end of 2016 which should be 38.2 percent growth. But it seems that this is not enough.

Fitbit was initially championed as an industry leader but this year saw its stock has been battered in 2016. It appears that Smartwatches haven’t set the market alight. Pebble’s rivals are Apple, Samsung, Motorola, LG and others. It also does not have any other businesses to fall back on.

Courtesy-Fud

Is nVidia Going Linux

March 29, 2016 by  
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The dark satanic rumor mill has manufactured a hell on earth yarn claiming that Nvidia is working on its own Linux OS for gamers.

A slide has tipped up showing a screen capture of an installer screen for this operating system supposedly going by the “NLINUX” codename at NVIDIA.

Not much to go on, but it does appear that Nvidia is looking at creating a distribution for gamers similar to that operated by Valve.

It is hard to see what Nvidia would get out of it. Nvidia also has its SHIELD TV that’s powered by Tegra hardware and offers a variety of games over their cloud/streaming “GeForce NOW” service.

So why would Nvidia need a full-blown Linux distribution? The only place it could use one is on the desktop, but that would just mean bringing another Linux distribution into a crowded market with little return for its efforts.

Nvidia already has control of the Linux gaming systems and its cards do better on Linux than AMDs so an “optimized” Linux OS is not going to sell them more graphics cards for Linux gamers. It would have to add something which is better than Steam, or Ubuntu and what could that be?

Courtesy-Fud

GM Buys Cruise Automation

March 21, 2016 by  
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General Motors the acquisition Cruise Automation for Cruise’s deep software talent and rapid development capability — a move designed to further accelerate GM’s development of autonomous vehicle technology.

Over the past two months, GM has entered into a $500 million alliance with ride-sharing company Lyft; formed Maven — its personal mobility brand for car-sharing fleets in many U.S. cities — and established a separate unit for autonomous vehicle development.

“This acquisition announcement clearly shows that GM is serious about developing the technology and controlling its own path to self-driving and driverless vehicles,” said Egil Juliussen, research director for IHS Automotive.

While GM did not disclose the financial details of the Cruise acquisition, reports estimated the purchase to be in the $1 billion range.

Founded in 2013, Cruise sells an aftermarket product that is positioned as a highway autopilot, according to IHS Automotive.

Vehicles using Cruise’s software cannot automatically changes lanes, but the technology does work at low speed and highway speed, meaning it’s classified between Level 2 and Level 3 in the National Highway Traffic Safety Administration’s levels of autonomous driving.

The NHTSA’s Level 3 includes limited self-driving automation and allows a driver to cede full control of all safety-critical functions under certain traffic or environmental conditions; Level 4 indicates a fully autonomous vehicle.

Cruise’s software was initially offered by Audi in its A4 and S4 vehicles as a $10,000 option that required installation work by Cruise. The product consisted of a sensor unit on top of the car and a computer in the trunk.

GM’s purchase of Cruise is likely to spur other carmakers “to react and determine what their strategy should be,” Juliussen said.

Other carmakers are likely to seek to become partners with Google and license Google’s self-driving and driverless software technology. Multiple manufacturers are likely to opt for a Google partnership, IHS said.

Source- http://www.thegurureview.net/aroundnet-category/gm-announces-acquisition-of-cruise-automation.html

Microsoft Cuts Azure Pricing

January 29, 2016 by  
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Good news for businesses using Microsoft’s Azure cloud platform: their infrastructure bills may get somewhat smaller next month.

Microsoft announced that it will be permanently reducing the prices for its Dv2 compute instances by up to 17 percent next month, depending on the type of instance and what it’s being used for. Users will see the greatest savings if they’re running higher performance Linux instances — up to 17 percent lower prices than they’ve been paying previously. Windows instance discounts top out at a 13 percent reduction compared to current prices.

Right now, the exact details of the discount are a little bit vague, but Microsoft says that it will publish full pricing details in February when they go into effect. Dv2 instances are designed for applications that require more compute power and temporary disk performance than Microsoft’s A series instances.

They’re the successor to Azure’s D-series VMs, and come with processors that are 35 percent faster than their predecessors. Greater speed also corresponds to a higher price, but these discounts will make Dv2-series instances more price competitive with their predecessors. That’s good news for price-conscious users, who may be more inclined to reach for the higher-performance instances now that they’ll be cheaper.

The price changes come after Amazon earlier this week introduced scheduled compute instances, which let users pick out a particular time for their workloads to run on a regular basis, and get discounts based on when they decide to use the system. It’s a system that’s designed to help businesses that need computing power for routine tasks at non-peak times get a discount.

Microsoft’s announcement builds on the company’s longstanding history of reducing prices for Azure in keeping with Amazon’s price cuts in order to remain competitive.

Source-http://www.thegurureview.net/computing-category/microsoft-to-cut-azure-pricing.html

Is nVidia Going All-In On Autonomous Cars?

January 27, 2016 by  
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Nvidia is applying all that it knows about deep learning to enable autonomous vehicles.

The GPU vendor has launched NVIDIA DRIVE PX 2 which is an autonomous vehicle development platform powered by the 16nm FinFET-based Pascal GPU.

The GPU maker issued a version of DRIVE PX last year to its automotive partners including Audi, BMW, Daimler, Ford and dozens more. This newer  version is equipped with two Tegra SOCs with ARM cores plus two discrete Pascal GPUs.

Nvidia said that the new platform is capable of 24 trillion deep learning operations per second ten times more than the last generation.

It can also offer an aggregate of 8 teraflops of single-precision performance which is a four-fold increase over the PX 1 and many times faster than using a slide rule or counting on your fingers.

The development platform includes the Caffe deep learning framework to run DNN models designed and trained on DIGITS, NVIDIA’s interactive deep learning training system.

Nivida wants to take humans out of the drivers’ seat to reduce the one million automotive-related fatalities each year.

Perception is the main issue and deep learning is able to achieve super-human perception capability. DRIVE PX 2 can process 12 video cameras, plus lidar, radar and ultrasonic sensors. This 360 degree assessment makes it possible to detect objects, identify them and their position relative to the car, and then calculate a safe and comfortable trajectory.

Courtesy-Fud

Is The Dollar Hurting PC Sales?

January 25, 2016 by  
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Worldwide PC  shipments dropped 8.3 percent in the fourth quarter  which was the worst sales have been since  2008,, beancounters at Gartner Group said.

PC manufacturers shipped 75.7 million machines in the fourth quarter compared with about 82.6 million a year earlier. Sales sank 3.1 per cent in the US to 16.9 million in the quarter.

Gartner forecasts a fall of  a  percent in 2016 with the potential of a soft recovery later in the year.

Mikako Kitagawa, an analyst at Gartner said that the  fourth quarter of 2015 marked the fifth consecutive quarter of worldwide PC shipment decline. Holiday sales did not boost the overall PC shipments, hinting at changes to consumers’ PC purchase behavior.

Lenovo retained its leadership of the PC market with 20 percent of the global market in the fourth quarter. Its shipments dropped 4.2 percent. HP was the  No. 2 global PC maker, increased its market share slightly to almost 19 percent. The company maintained its top position in the U.S., with 27 percent of the market, despite a decline of 8.4 percent in fourth-quarter shipments. Del increased its global market share to 13.5 percent from 13.1 percent and ranked third.

IDC released similar figures saying that it was all the fault of the strong US dollar hampered overseas sales. It thinks that the decline in PC sales may slow in 2016, with IDC projecting a fall of 3.1 percent compared with 10 percent drop in 2015. Greater commercial adoption of Microsoft Windows 10 operating system may help stabilize sales.

Courtesy-Fud

Nvidia Teams Up With Volvo For Self-Driving Car Computer 

January 15, 2016 by  
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Nvidia Corp. took the wraps off of a new, lunchbox-size super-computer for self-driving cars and announced that Volvo Car Group will be the new device’s first customer.

Volvo, of Sweden, is owned by China’s Geely Automotive Holdings.

Nvidia made the announcement at the beginning of the Consumer Electronic Show in Las Vegas. Calls to Volvo’s spokesman in China were not immediately answered.

The new Drive PX 2, said company CEO Jen-Hsung Huang, has computing power equivalent to 150 MacBook Pro computers, and can deliver up to 24 trillion “deep learning” operations – allowing the computer to use artificial intelligence to program itself to recognize driving situations – per second.

Partnerships between automakers and Silicon Valley companies on self-driving technologies are taking center stage at this year’s show.

Also on Monday, General Motors Co. announced a $500 million investment in ride-sharing service Lyft.

Huang didn’t offer revenue projections for Drive PX 2, but automotive is the fastest-growing business segment for Nvidia, whose largest revenue source is video games.

Source-http://www.thegurureview.net/aroundnet-category/nvidia-teams-up-with-volvo-for-self-driving-car-computer.html

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