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RIM, Microsoft Sign Patent Licensing Deal
September 25, 2012 by admin
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Research In Motion’s shares jumped on Tuesday after it inked a patent licensing deal with Microsoft Corp to use one of the technology company’s file storage systems.
Microsoft said the patent being licensed by RIM greatly expands the size of files that flash memory devices can handle and increases the speed at which those files can be accessed. The technology also provides the ability to seamlessly transfer data between a variety of different devices.
“This is potentially money out of RIM’s coffers for the right to use the ex-FAT patent in its technology. But what it does for investors and others is provide a glimpse into what the BlackBerry 10 devices can do,” said Kevin Restivo, a mobile device analyst at global research firm IDC.
RIM has seen its once dominant position in the smartphone market slip away to Apple Inc, Samsung and other competitors, and the company’s fate may depend on the success of its new line of devices, the BlackBerry 10, which is set to hit the market early in 2013.
RIM hopes the BlackBerry 10 will help it regain market share that has been ceded to snazzier devices such as Apple’s iPhone and others that run on Google Inc’s Android operating system.
“I think there is some anticipation and speculation around the devices that RIM will launch as a result of the announcement today,” Restivo said.
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.
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.
Chase Building 1/2 Billion Dollar Data Center
August 24, 2012 by admin
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The enthusiastic backer of Enron and serial over charger of mortgage payers, JPMorgan Chase has just splashed out on a new $500 million data center.
CEO Jamie Dimon announced the move which practically everyone in the IT industry finds a bit strange. While Chase is the US’s largest bank, the new facilities are a little big by anyone’s standard. It is about the same about of money that Google and Microsoft in their largest data centres for their cloud networks.
Dimon cited the figure as one of the advantages of being a big size. It can afford to invest cash in this way. Size lets Chase build a $500 million data centre that speeds up transactions and invest billions of dollars in products like ATMs and apps that allow your iPhone to deposit cheques, he enthused.
JPMorgan Chase operates two large data centres in Delaware and a 400,000 square foot facility. It also acquired data centres in its deals for distressed rivals Bear Stearns and Washington Mutual in the early days of the 2008 financial crisis. So why it needs a huge new one is anyone’s guess.
Is Acer Threatened By The Surface?
Taiwanese computer manufacturer Acer has suggested that Microsoft Corp should reconsider its planned venture into the tablet market, the Financial Times reported on Tuesday.
Acer Chairman and Chief Executive J.T. Wang, said Microsoft’s plans to launch its own “Surface” tablet in October would be “negative for the worldwide ecosystem” in computing.
Microsoft’s “Surface” tablet would enter the market in direct competition with Acer’s “Iconia” or Hewlett-Packard Co’s “TouchPad” tablets.
“We have said think it over. Think twice. It will create a huge negative impact for the ecosystem and other brands may take a negative reaction. It is not something you are good at so please think twice,” Wang is quoted as saying.
For the past two decades, Microsoft and personal computer makers have enjoyed a symbiotic relationship.
Campbell Kan, Acer’s president for personal computer global operations, said the company was debating internally how to respond to the Surface.
PC Sales Takes Toll On Seagate
Seagate Technology Plc’s shares tumbled as much as 8 percent on Tuesday, after the hard disk drive (HDD) maker projected first-quarter revenue below estimates on slowing sales of personal computers.
The company has been hit by sluggish economic growth and shaky sales of PCs as consumers shift toward tablets and smartphones.
FBN Securities cut its price target on Seagate’s stock to $32, saying selling prices had started to decline from their peak levels after theThailand floods last year and inventory had started rising.
Seagate’s weak outlook follows an upbeat fiscal 2013 forecast from rival Western Digital Corp, which is banking on strong sales to big businesses.
The company forecast first-quarter sales of about $4 billion, below analysts’ estimates of $4.62 billion, according to Thomson Reuters I/B/E/S.
Mozilla Fixes Major Security Issues
July 26, 2012 by admin
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Mozilla has fixed a number of security vulnerabilities in the latest versions of its internet applications, including Firefox 14, Thunderbird 14 and Seamonkey 2.11.
Following the release of its Firefox 14 browser for desktop operating systems on Tuesday, Mozilla said it has removed security holes in the Gecko rendering engine that all the applications run, some of which it rated as “critical”.
The bugs fixed included a code execution problem related to javascript URLs, a JSDependentString::undepend string conversion bug that can be exploited to cause a crash and a same-compartment Security Wrappers bypass issue.
Critical use-after-free problems, an out-of-bounds read bug, and a bad cast in the Gecko engine that could lead to memory corruption have also been addressed, Mozilla said.
These bugs were deemed “critical” due to their vulnerability to being exploited remotely by hackers that could execute arbitrary code on an unsuspecting victim’s system.
Micron Profits Go South
While Micron has been negotiating the takeover of Elpida, the firm’s balance sheet isn’t looking particularly healthy, with sales stagnating at $2.1bn while costs increased to $1.9bn. The firm’s net loss for the quarter was $320m, compared to a slim $75m profit in the same period last year.
Micron’s sales might have remained steady, but looking at the firm’s past three quarters paints an increasingly worrying picture for the company. According to the firm, in the nine months up to 31 May 2012 it has lost $789m on sales of $6.2bn.
Most worrying for Micron is how fast the firm’s gross margin – revenue minus the cost of sales – is falling. The firm’s figures show its gross profit has halved to $234m in the last year and the trend is mirrored in the nine month figures.
Micron could point to the harsh conditions in the DRAM market as a reason for its lackluster financials, and while the firm has embraced NAND flash memory producing Crucial branded solid state drives, the margins on those are falling fast.
Windows 7 Most Used OS
Windows 7 is now the leading operating system (OS) for PCs, according to figures from web traffic analysis firm Statcounter.
The report claims that in June more than half of all internet connected PCs, or 50.2 per cent, ran Microsoft’s most recent Windows 7 OS.
Statcounter’s statistics show that Windows XP was the next most popular operating system, used by 29.9 per cent of users.
This might be the first time that Windows 7 has had more market share than the other operating systems put together, but with the launch of Windows 8 looming, it’s only a matter of time before Microsoft will begin pushing Windows 7 users to make the switch to its next operating system.
That’s already started happening with XP. Launched back in 2001, the OS was a massive hit for the software giant and for this reason it’s finding it hard to wean users away from Windows XP – especially considering how rubbish Windows Vista was. However, Microsoft has said that it’s time to move on, and it will end business support for Windows XP in the next two years.
IBM Freezes Employee Salaries
IBM this year won’t be granting any pay raises to its executives or to many of its workers in its Global Technology Services division.
The company said it is only giving pay raises to workers with high-demand skills that the company needs.
IBM customarily issues pay raises during the mid-year period.
“There are targeted skill groups of employees that are eligible for salary increases in 2012,” said Trink Guarino, an IBM spokeswoman. “No executives will be eligible for salary increases.”
Business Insider Tuesday published an internal IBM memo announcing the action that was sent to employees from Global Technology Services executives.
One IBM employee, who didn’t want to be identified, said he believes the lack of pay raises “is part of IBM’s hyper-aggressive plan to meet its 2015 roadmap.”
That IBM roadmap lays out an aggressive growth strategy, which calls for increasing the company’s earnings per share by $20 by 2015.
The employee noted that the company has been spending billions in stock buybacks, but says it can’t afford pay increases.
Rather than reaching profit goals “the old-fashioned way by increasing market share, developing and selling new products,” the company is “maniacally focused on cutting labor costs and off-shoring work to low-cost countries,” the employee said.