Posts Tagged ‘company’
Michael Dell and investment firm Silver Lake Partners’ joint bid to take Dell private has just cleared its final obstacle: regulatory approval. That means the deal is now all but completed. The transaction, valued at $ 25 billion, will see Dell transitioning to a private entity by the company’s fiscal Q3 next year. It also puts the company back firmly in Michael Dell’s control, as he’ll now own 75 percent of the new entity. And, as he discussed on the company’s last open call with investors, that means a return to “innovation” for the PC, tablet and enterprise markets that will come to define the new Dell.
Having a hard time making it in the internet radio space? Maybe you should take a feather from the cap of a firm that still rides the airwaves. That seems to be Rdio’s approach — according to the New York Times, the company is partnering with Cumulus Media (a company that owns for-real radio stations) to create a free version of its audio streaming service. Rdio will also trade a stake in its parent company, Pulser Media, for chunks of Cumulus programming and promotion on the traditional airwaves. Cumulus will sell ads for Rdio’s impending free service, as well as compile playlists from its catalog of syndicated programming. This could buffer Rdio’s music library with news and talk shows, which will hopefully give the service a competitive advantage over services like Spotify, Pandora and iTunes Radio. Although the deal doesn’t involve a cash exchange, the Times reports the value of Cumulus’ services at over $ 100 million. As for that free Rdio overhaul? It’s predicted to be out sometime before the end of the year. The deal will be officially announced on Monday, until then, check out the NYT report at the source link below.
The bad news for HTC keeps rolling in. The Verge learned today that the company has laid off about thirty employees and contractors out of its HTC America division. That division has a total of around 150 employees and contractors, so the total amounts to about twenty percent of the workforce. As often happens, the employees and contractors were let go at the end of the day on Friday and sources tell The Verge that the layoffs affected multiple departments. The company confirmed the layoffs — though not the exact number — in a statement to The Verge. The statement is rather long, and it is as upbeat as it is defensive, characterizing the “reduction in force” as a “decisive action … to streamline and optimize our organization…
2016 is shaping up to be huge for Netflix. That’s when the streaming juggernaut’s Disney deal starts bearing fruit and it also marks the start of a multi-year pay-TV exclusivity agreement with The Weinstein Company (TWC). This means the first stop for TWC’s flicks after home video will no longer be Showtime, but (almost) everybody’s favorite place to watch movies instantly instead. While the studio has a pretty impressive back catalog — Django Unchained, Silver Linings Playbook, The Road and … Scary Movie 5 — it isn’t in the class of, say, Universal or Fox in terms of sheer blockbusters. With the rate ‘flix is signing contracts though, who knows what could happen within the next three years.
Larry Ellison didn’t think much of Apple’s prospects without Steve Jobs, but billionaire investor Carl Icahn disagrees. On Tuesday, one day after foreshadowing a major move, he revealed on Twitter that he had invested heavily in Apple. “We believe the company to be extremely undervalued,” he tweeted. According to various reports, Icahn has amassed over $ 1 billion worth of Apple shares. That’s not a tremendous amount — less than 1 percent of the company’s current $ 444 billion market cap — but it may have a profound effect.
We currently have a large position in APPLE. We believe the company to be extremely undervalued. Spoke to Tim Cook today. More to come.
— Carl Icahn (@Carl_C_Icahn) August 13, 2013
What might be more…
Will The Western Union Company (NYSE:WU) zoom past Boom, Xoom and …
The company has been on a cost-cutting spree and has been investing heavily in its mobile and online business, in a bid to compete with its long-time rival, MoneyGram as well as new entrants, Xoom Corp and Boom Financial Inc. The decrease in fees …
Read more on GSPInsider
Android 4.1.2 Jelly Bean update finally rolling out to Verizon Motorola Xoom LTE
Owners of the Verizon Motorola Xoom tablet are in for some great news, as an update to Android 4.1.2 Jelly Bean finally started rolling out. The software update is long overdue and comes after a delay of several months. The firmware is rumored to have …
Read more on Mobile & Apps
Xoom and Tancinco Law Offices announce a special offer for Filipino remitters
SAN FRANCISCO, California –Xoom Corporation, a leading digital money transfer provider, today announced it is offering a promotion with Tancinco Law Offices, a professional law corporation based in San Francisco. First-time Xoom customers who send …
Read more on GMA News
Question by Paige: How do I explain my car getting blown up by robots to my insurance company?
Seriously. How do you explain your car being blown up by flying robots to your car insurance company?
Answer by Camels
I think you should just lie and say you pissed Chuck Norris off.
Give your answer to this question below!
For nine months, this Utah ISP had a little black box in the corner, courtesy of the NSA. Its owner tells his story.
When people say the feds are monitoring what people are doing online, what does that mean? How does that work? When, and where, does it start?
Pete Ashdown, CEO of XMission, an internet service provider in Utah, knows. He received a Foreign Intelligence Service Act (FISA) warrant in 2010 mandating he let the feds monitor one of his customers, through his facility. He also received a broad gag order. In his own words:
The first thing I do when I get a law enforcement request is look for a court signature on it. Then I pass it to my attorneys and say, “Is this legitimate? Does this qualify as a warrant?” If it does, then we will respond to it. We are very up front that we respond to warrants.
If it isn’t, then the attorneys write back: “We don't believe it is in jurisdiction or is constitutional. We are happy to respond if you do get an FBI request in jurisdiction or you get a court order to do so.”
The FISA request was a tricky one, because it was a warrant through the FISA court — whether you believe that is legitimate or not. I have a hard time with secret courts. I ran it past my attorney and asked, “Is there anyway we can fight this?” and he said “No. It is legitimate.”
It was also different [from other warrants] because it was for monitoring. They wanted to come in and put in equipment on my network to monitor a single customer. The customer they were monitoring was a particular website that was very benign. It seems ridiculous to me. It was beyond absurd. It wasn't like a guns and ammo website.
They came in and showed me papers. It was a court order from the FISC (Foreign Intelligence Surveillance Court) for the intercept, with the agent's name… and the court's information. I think it was three or four pages of text. They wouldn't let met me copy them. They let me take notes in regards to technical aspects of what they wanted to do.
We had to facilitate them to set up a duplicate port to tap in to monitor that customer's traffic. It was a 2U (two-unit) PC that we ran a mirrored ethernet port to.
[What we ended up with was] a little box in our systems room that was capturing all the traffic to this customer. Everything they were sending and receiving. (Ed note: it would have looked a lot like the picture below — a typical, black, two-unit server, unremarkable among many others.)
There was discussion [amongst employees] asking, “What is that box?”
I said, “It is something I am dealing with,” and usually that was where it ended.
I didn’t facilitate the install at the time; another engineer, who no longer works for me, did. I'm not sure it had any access to the internet, so they could manage it remotely, but if they requested that, we would have facilitated them. I'm sure it was just capturing the entire stream to hard disk for later analysis. After the initial install, they didn't come in again until it was removed.
It was open ended. I called six months into it and said, “How long is this going to go on?” and they said, “I don't know.” I went on for nine months. If it were still there, I would have probably smashed it by now. There have been no [related] arrests that I have heard of.
I can't tell you all the details about it. I would love to tell you all the details, but I did get the gag order. I have probably told people too much. That was two years ago. If they want to come back and haunt me, fine.
These programs that violate the Bill of Rights can continue because people can't go out and say, “This is my experience, this is what happened to me, and I don't think it is right.”
There is absolutely [a] need for secrecy when you are dealing with a criminal investigation. You don't want to tip off criminals being monitored. But you can't say, “You can never talk about this ever, for the rest of your life.”
The FISA court should be a public court, and documents should be sealed for a set period of time, [to] let people audit the actions later.
We have received lots of federal requests. I don't think a lot of people realize just how much information is transmitted in the clear on the Internet.
We run a Tor node, in some ways as an affirmation of our belief that there are legitimate reasons for being anonymous on the internet. That is where the majority of requests come in from these days. Some illegal traffic comes in through Tor node and we get a federal request through the FBI or DOJ (Department of Justice). I respond to them and say that this is a Tor node [and therefore inaccessible, even to the ISP]; that is usually the end of it. They realize what that is, and it is a dead end.
I am in a little bit of a different situation than large companies. I don't have a board of directors to answer to. A number of [larger] companies are getting paid for the information. If you go establish a tap on Google's network, they will charge X amount per month. Usually the government pays it.
It isn't worth it to me to do that kind of wholesale monitoring at any price, and lot of companies disagree with that, because it is a financial issue for them. [They say] if it is worth this much profit, let's go for it. The return for standing up for people's constitutional rights and privacy is much greater and more satisfying.
Question by Black Veil Brides: What are the adv/disadv of introducing robots in a manufacturing company?
I have this title for a 12 mark essay: A manufacturing company is considering introducing robots onto its assembly line. Discuss the advantages and disadvantages of this.
Any pointers would be highly appreciated. I’ve gathered some adv/disadv already, but I need some more.
Answer by Little
Well I guess the advantages would be that things would get done a lot quicker and the disadvantages would be that the robots can malfunction and thousands of people would lose their jobs…hope it helped :[
Add your own answer in the comments!
Don Mattrick might still be arranging his desk stationery and getting his nameplate fitted on his new office door, but the former Microsoft Studios boss was apparently eyeing up Zynga for at least three years prior. According to Bloomberg, Mattrick discussed the idea of buying the company with founder Mark Pincus, bringing Zynga’s social games (and hopefully some of its millions of users) to Microsoft’s Xbox. People “with knowledge of the matter” say that talks eventually broke down, which is probably why you don’t see Farmville taking up acres within Xbox Live. At least, not yet.