Groupon Starts Fight With IBM
May 16, 2016 by admin
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The online marketplace Groupon Inc has filed a lawsuit against IBM Corp, accusing it of infringing a patent related to technology that assists businesses to solicit customers based on the customers’ locations at a given moment.
Groupon filed its lawsuit on Monday with the federal court in its hometown of Chicago, two months after IBM accused Groupon of patent infringement in a separate lawsuit.
“IBM is trying to shed its status as a dial-up-era dinosaur” by infringing the rights of “current” technology companies such as Groupon, according to Groupon spokesman Bill Roberts.
The latest lawsuit concerns IBM’s WebSphere Commerce platform, which Groupon said lets merchants send messages to customers with GPS-enabled devices based on their real-time locations, and their use of social media including Facebook.
Groupon said the platform infringes a December 2010 patent, and that it deserves royalties based on the “billions of dollars” of revenue that Armonk, New York-based IBM has received through its infringement.
“IBM, a relic of once-great 20th Century technology firms, has now resorted to usurping the intellectual property of companies born this millennium,” Groupon said in its lawsuit.
On March 2, IBM accused Groupon in a federal lawsuit in Delaware of infringing four patents, including two related to Prodigy, a late-1980s forerunner to the Internet.
“Over the past three years, IBM has attempted to conclude a fair and reasonable patent license agreement with Groupon, and we are disappointed that Groupon is seeking to divert attention from its patent infringement by suing,” Shelton said.
The Chicago case is Groupon Inc v International Business Machines Corp, U.S. District Court, Northern District of Illinois, No. 16-05064. The Delaware case is International Business Machines Corp v Groupon Inc, U.S. District Court, District of Delaware, No. 16-00122.
Source-http://www.thegurureview.net/aroundnet-category/groupon-gets-into-patent-fight-with-ibm.html
Oracle Goes Deeper Into The Cloud
Right on the heels of a similar acquisition last week, Oracle has announced it will pay $532 million to buy Opower, a provider of cloud services to the utilities industry.
Once a die-hard cloud holdout, Oracle has been making up for lost time by buying a foothold in specific industries through acquisitions such as this one. Last week’s Textura buy gave it a leg up in engineering and construction.
“It’s a good move on Oracle’s part, and it definitely strengthens Oracle’s cloud story,” said Frank Scavo, president of Computer Economics.
Opower’s big-data platform helps utilities improve customer service, reduce costs and meet regulatory requirements. It currently stores and analyzes more than 600 billion meter readings from 60 million end customers. Opower claims more than 100 global utilities among its clients, including PG&E, Exelon and National Grid.
Opower will continue to operate independently until the transaction closes, which is expected later this year. The union will create the largest provider of mission-critical cloud services to an industry that’s worth $2.3 trillion, Oracle said.
Oracle’s Utilities business delivers applications and cloud services that automate core operational processes and enable compliance for global electric, gas and water utilities.
“Oracle’s industry organizations maintain unique domain knowledge, specialized expertise and focused product investments,” said Rodger Smith, a senior vice president who leads the Utilities global business unit, in a letter to customers and partners. “This model has proven highly successful across several industries, and we look forward to bringing these same benefits to the customers of Opower.”
Source- http://www.thegurureview.net/aroundnet-category/oracle-pushes-deeper-into-cloud-computing-with-another-acquisition.html
Phishing Apps Plague Google Play
Google’s attempts to safeguard the Android app store — Google Play — are far from perfect, with malicious apps routinely slipping through its review process. Such was the case for multiple phishing applications this year that posed as client apps for popular online payment services.
Researchers from security firm PhishLabs claim that they’ve found 11 such applications since the beginning of 2016 hosted on Google Play, most of them created by the same group of attackers.
The apps are simple, yet effective. They load Web pages containing log-in forms that look like the target companies’ websites. These pages are loaded from domain names registered by the attackers, but because they are loaded inside the apps, users don’t see their actual location.
In some cases attackers registered domain names that are similar to those of the impersonated online payment services, PhishLab Security Threat Analyst Joshua Shilko said in a blog post.
More recently, attackers used domain names similar to those of cryptocurrency companies, suggesting that the cryptocurrency industry is also targeted.
PhishLabs did not name the exact payment card companies and online payment services whose users were targeted by these fake apps. However, most of those companies provide links to their official mobile applications on their websites and users should always use those links instead of manually searching for them on the Play store.
“In one case, a targeted company explicitly states on their website that no mobile application exists for their company and that users should be wary of any mobile application using their brand,” Shilko said.
The danger is that if phishers manage to routinely bypass Google’s review process and upload such apps to the Google Play store, their attacks might extend to other industries in the future.
Another problem is that even when these apps are detected by third-parties and reported, it can take several days for Google to remove them from the app store, leaving a sufficiently large window of opportunity for attackers. It’s not clear how attackers promote these fake apps or if they rely only on users finding them themselves, but in general phishing attacks are most effective during the first several hours after they’re launched.
Source- http://www.thegurureview.net/mobile-category/phishing-apps-continue-to-play-google-play.html
Elon Musk Opens Gym For AI Programmers
Techie entrepreneur Elon Musk has rolled out an open-source training “gym” for artificial-intelligence programmers.
It’s an interesting move for a man who in 2014 said artificial intelligence, or A.I., will pose a threat to the human race.
“I think we should be very careful about artificial intelligence,” Musk said about a year and a half ago during an MIT symposium. “If I were to guess at what our biggest existential threat is, it’s probably that… with artificial intelligence, we are summoning the demon. In all those stories with the guy with the pentagram and the holy water, and he’s sure he can control the demon. It doesn’t work out.”
Today, Musk is moving to help programmers use A.I. and machine learning to build smart robots and smart devices.
“We’re releasing the public beta of OpenAI Gym, a toolkit for developing and comparing reinforcement learning (RL) algorithms,” wrote Greg Brockman, OpenAI’s CTO, and John Schulman, a scientist working with OpenAI, in a blog post . “We originally built OpenAI Gym as a tool to accelerate our own RL research. We hope it will be just as useful for the broader community.”
The OpenAI Gym is meant as a tool for programmers to use to teach their intelligent systems better ways to learn and develop more complex reasoning. In short, it’s meant to make smart systems smarter.
Musk is a co-chair of OpenAI, a $1 billion organization that was unveiled last December as an effort focused on advancing artificial intelligence that will benefit humanity.
While Musk has warned of what he sees as the perils of A.I., it’s also a technology that he needs for his businesses.
The OpenAI Gym is made up of a suite of environments, including simulated robots and Atari games, as well as a site for comparing and reproducing results.
It’s focused on reinforcement learning, a field of machine learning that involves decision-making and motor control.
According to OpenAI, reinforcement learning is an important aspect of building intelligent systems because it encompasses any problem that involves making a sequence of decisions. For instance, it could focus on controlling a robot’s motors so it’s able to run and jump, or enabling a system to make business decisions regarding pricing and inventory management.
Two major challenges for developers working with reinforcement learning are the lack of standard environments and the need for better benchmarks.
Musk’s group is hoping that the OpenAI Gym addresses both of those issues.
Source- http://www.thegurureview.net/aroundnet-category/elon-musk-opens-training-gym-for-ai-programmers.html
T-Mobile Revenue Up
May 6, 2016 by admin
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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
Google Says A.I. Is The Next Big Thing
Every decade or so, a new era of computing comes along that influences everything we do. Much of the 90s was about client-server and Windows PCs. By the aughts, the Web had taken over and every advertisement carried a URL. Then came the iPhone, and we’re in the midst of a decade defined by people tapping myopically into tiny screens.
So what comes next, when mobile gives way to something else? Mark Zuckerberg thinks it’s VR. There’s likely to be a lot of that, but there’s a more foundational technology that makes VR possible and permeates other areas besides.
“I do think in the long run we will evolve in computing from a mobile-first to an A.I.-first world,” said Sundar Pichai, Google’s CEO, answering an analyst’s question during parent company Alphabet’s quarterly earnings call Thursday.
He’s not predicting that mobile will go away, of course, but that the breakthroughs of tomorrow will come via smarter uses of data rather than clever uses of mobile devices like those that brought us Uber and Instagram.
Forms of artificial intelligence are already being used to sort photographs, fight spam and steer self-driving cars. The latest trend is in bots, which use A.I. services on the back end to complete tasks automatically, like ordering flowers or booking a hotel.
Google believes it has a lead in A.I. and the related field of machine learning, which Alphabet’s Eric Schmidt has already pegged as key to Google’s future.
Machine learning is one of the ways Google hopes to distinguish its emerging cloud computing business from those of rivals like Amazon and Microsoft, Pichai said.
Source-http://www.thegurureview.net/aroundnet-category/google-says-a-i-is-the-next-big-thing-in-computing.html
Is Samsung Preparing For A Price War?
Samsung Electronics changing its approach to its memory chip business and focus on market share over profit margins and the industry will suffer, according to one analyst.
Bernstein Research’s senior analyst Mark C. Newman said that the competitive dynamic in the memory chip industry is not as good as we thought due to Samsung’s aggressive and opportunistic behavior. This is analyst speak for Samsung is engaging in a supply and price war with the other big names in the memory chip marking business – SK hynix and Micron.
“Rather than sit back and enjoy elevated profit margins with a 40 percent market share in DRAMs, Samsung is intent on stretching their share to closer to 50 percent,” he said.
Newman said the company is gaining significant market share in the NAND sector.
“Although Samsung cares about profits, their actions have been opportunistic and more aggressive than we predicted at the expense of laggards particularly Micron Technology in DRAMs and SK hynix in NANDs,” he said.
SK hynix is expected to suffer. “In NAND, we see Samsung continuing to stretch their lead in 3D NAND, which will put continued pressure on the rest of the field. SK hynix is one of the two obvious losers.”
Newman said that Samsung’s antics have destroyed the “level of trust” among competitors, perhaps “permanently,” as demand has dropped drastically with PC sales growth down to high single digits in 2015 with this year shaping up to be the same.
“Sales of smartphones, the main savior to memory demand growth have also weakened considerably to single digit growth this year and servers with datacenters are not strong enough to absorb the excess, particularly in DRAM,” Newman said.
He is worried that Samsung could create an oversupply in the industry.
“The oversupply issue is if anything only getting worse, with higher than normal inventories now an even bigger worry. Although we were right about the shrink slowing, thus reducing supply growth, the flip side of this trend is that capital spending and R&D costs are soaring thus putting a dent in memory cost declines,” he said.
China’s potential entry into the market and new technologies will provide further worries “over the longer term.”
“Today’s oversupply situation would become infinitely worse if and when China’s XMC ramps up big amounts of capacity. New memory technologies such as 3D X-point, ReRAM and MRAM stand on the sidelines and threaten to cannibalize part of the mainstream memory market,” he said.
Courtesy-Fud
Verizon Emerged As Favorite Bidder For Yahoo
April 26, 2016 by admin
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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 nVidia Taking Qualcomm To Court?
Nvidia has dragged Qualcomm into court for allegedly crushing a $352 million chipset deal.
Nvidia claims it was forced to wind down its cellular mobile broadband chipset business, including its Icera unit just four years after buying it, because of Qualcomm’s anti-trust antics.
Qualcomm’s alleged tactics led to “unexplained delays in customer orders, reductions in demand volumes and contracts never being entered into, even after a customer or mobile network cooperating with a prospective customer has agreed or expressed a strong intention to purchase” Nvidia’s chipsets, the company moaned.
The claim for cash comes as European Union regulators step up antitrust investigations into Qualcomm sales tactics that officials said thwarted other designers of mobile-phone chip technology. This could result in fines or an EU order forcing a company to change its behaviour.
The EU thinks Qualcomm may have charged below-cost fees for chips used in mobile Internet modems known as dongles from 2009 to 2011 to thwart smaller competitor Icera. Regulators are separately probing what they say are exclusivity payments Qualcomm paid to a phone and tablet manufacturer for using its designs.
Qualcomm is “confident” it would prevail in both the EU investigation and the lawsuit.
Nvidia is seeking a declaration from the judge that Qualcomm’s conduct was an abuse of a dominant position, compensation, and an account of the profits it says Qualcomm gained from unlawful conduct, according to the court filings.
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Is Tesla Poaching nVidia’s Engineers?
April 20, 2016 by admin
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Tesla Motors,’ which has been poaching engineers from Apple and AMD, could be causing a few headaches for Nvidia.
MKM analyst Ian Ing pointed out that Nvidia and Tesla have partnered in machine-learning which is the key to autonomous driving. Nvidia’s own automotive segment grew 80 per cent to $320 million in revenue.
It had been known that Tesla is swiping Apple and AMD engineers, but the difficulty is that it also needs staff from its old chum Nvidia. Ing said that Apple and AMD staff are not as steeped in graphics processing units and machine learning as Nvidia’s staff.
“Although there are widely reportedly headlines that Tesla has been hiring chip architects from Apple and AMD, we note that expertise has been focused more on multi-purpose application processors vs. the GPU accelerators necessary for machine learning,” Ing wrote.
This could either pressure Nvidia to work more closely with Tesla, or it too might lose staff to the carmarker. However that might be a small headache for Nvidia which is doing obscenely well, according to Ing. He is suggesting everyone should buy Nvidia shares.
Courtesy-Fud