RIM Cuts 11% Of Workforce
July 31, 2011 by admin
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BlackBerry maker Research In Motion Ltd plans to slash approximately 11 percent of its workforce to curb costs as it struggles to compete against Apple Inc and Google Inc.
The announcement of 2,000 job cuts on Monday came a month after the Canadian company acknowledged that it would reduce headcount for the first time in a decade.
One analyst said the job cuts were slightly deeper than expected but were key to RIM’s recovery from a slump triggered by product delays and intense competition from Apple’s iPad and iPhone as well as devices powered by Google’s Android software.
RIM’s U.S.-listed stock, already near multi-year lows, was down as much as 2 percent before the market opened. It was trading down 1.8 percent at $27.40 on the Nasdaq
just before the open.
“This is not totally unexpected. I think the size of (the cuts) is a little bit bigger than what they were intimating before,” said Jefferies & Co analyst Peter Misek. “I think this is obviously realigning the cost structure to a new growth, or sales, reality.”
RIM said one-time charges from the job cuts were not included in its outlook for the second quarter or for the full year, and it would explain the financial impact of the cuts when it reports second quarter results on September 15.
Nokia Had Horrible Quarter
July 27, 2011 by admin
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Nokia has just posted very disturbing quarterly results this morning. The European smartphone giant outlook appears to be getting worse and CEO Stephen Elop has acknowledged that things will not turn around overnight.
Elop is reporting that Nokia’s operating profit is down 44 percent since Q1 and sales of mobile devices are down 23 percent consecutively. While the overall sales of mobile phones and smartphones are down, along with average selling prices.
Elop labelled the results as “clearly disappointing” and went on to say that competitive pressures are continuing. He tried to paint a somewhat more positive outlook for the rest of the year, thanks to Nokia’s clear strategy and several major product launches.
Skype Debuts Video Calls For Android
July 5, 2011 by admin
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Skype, which is being gobbled up by Microsoft for $8.5 billion, debuted a new service on Thursday allowing users of Android phones to make free video calls to Skype contacts, including those on Apple iPhones.
The company whose name has become synonymous with Internet calling said its updated Android app would initially support video calling on selected HTC and Sony Ericsson Phones, with more devices to follow shortly.
“We are committed to bringing Skype video calling to as many platforms as possible,” Skype’s product and marketing chief Neil Stevens said in a statement.
The move will help makers of phones based on Google’s Android software compete with Apple’s FaceTime video-calling service launched last year for the iPhone and now available on its iPad 2 tablet and Mac computers.
Video calling could also help new Skype owner Microsoft promote its Windows Phone smartphone platform, which it is merging with Nokia’s in an effort to become competitive with Android and Apple.
Verizon Ending Unlimited Data Plan In July
June 26, 2011 by admin
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We are closer to reaching the end of Verizon Wireless’s limited-time offer of unlimited data, says the Wall Street Journal‘s AllThingsD. The website reports that the wireless carrier plans to introduce new tiered pricing plans next month for new smartphone customers — including those buying Apple’s iPhone 4.
If true, the report hardly comes as a surprise. Back in January, when Verizon became the second carrier in the U.S. to offer iPhone service, the company said it would offer subscribers a $30-a-month unlimited data plan for the iPhone’s launch, but highlighted the fact that the offer was for a limited time only.
Yahoo Creates Search Tools For Smartphones
June 19, 2011 by admin
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Yahoo wants to aid in smartphone owners finding mobile applications and information about them.
On Thursday, the company is debuting a feature in its search engine called App Search, as well as application search tools for Android and iPhone devices named AppSpot.
Both the new App search feature and the mobile search tools can be used to seek applications for iPhone and Android devices, although the company expects to expand that scope in the future.
For now, Yahoo has indexed the mobile application catalogue of the Android Market and of the Apple App Store, and is convinced that it can do a better job than the search tools of those two online shops.
Finding information about mobile applications, like descriptions, ratings, reviews and recommendations, is at a rudimentary stage similar to web search in the mid-1990s, Seth said.
The way Yahoo sees it, many people today struggle to find the right mobile application among the hundreds of thousands available for Android and iPhone devices.
Verizon Adds LTE Network To More U.S. Cities
June 17, 2011 by admin
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Verizon Wireless announced 19 more cities that will get its faster 4G wireless network service starting Thursday, bringing the total to 74 metropolitan areas.
San Francisco and Detroit, already on Verizon LTE since last December, will also see the existing LTE network in those cities expanded, Verizon said in a statement.
The new 19 LTE cities include several state capitals such as Sacramento, Calif., Hartford, Conn., Boise, Idaho, Harrisburg, Pa., Indianapolis, Ind., Salt Lake City (with Ogden), Utah; and Madison (with Milwaukee), Wis. The full list of cities is on Verizon’s website.
This news comes as competitor AT&T is scheduled to launch LTE 4G service in five cities in the U.S. this summer: Atlanta, Chicago, Dallas, Houston and San Antonio.
Rumors have also surfaced that Sprint will begin adding LTE service to its existing nationwide WiMax 4G capability, partly to support a future LTE-ready iPhone, although Sprint has not confirmed those reports.
Download Defense Added To Chrome Browser
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Google has updated Chrome to version 12, adding a new feature that warns users when they’ve downloaded files from dangerous Web sites.
New to Chrome 12 is a tool that flags questionable files pulled from the Web. Chrome now shows an alert when users download some file types from sites that are on the Safe Browsing API (application programming interface) blacklist, which Google maintains.
The messages reads: “This file is malicious. Are you sure you want to continue?” If they wish, users can ignore the warning and install the file on their system’s hard drive.
“This warning will be displayed for any download URL that matches the latest list of malicious websites published by the Safe Browsing API,” said Google last April when it debuted the feature in an earlier edition of Chrome.
Safe Browsing already identifies suspicious or unsafe sites, then adds them to a blacklist. Chrome, Mozilla’s Firefox and Apple’s Safari all tap into Safe Browsing to warn users of risky sites before they actually visit them.
Mobile App Locates Cheaper Prescriptions
June 9, 2011 by admin
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Medco Health Solutions and Verizon Wireless teamed up last month to release a mobile application that aids smartphone users in locating places where they can buy the lowest-cost prescription drugs.
Verizon stated the new Medco Pharmacy mobile app can also identify potentially harmful drug interactions based on Medco members’ medication histories.
Medco, which provides pharmacy services to more than 65 million customers, said its pharmacy mobile app is available for BlackBerry and Android smartphone users. It provides information about out-of-pocket costs for any prescription drug and lower-cost options specific to a person’s prescription drug plan, even if a patient is being treated by several doctors or fills prescriptions at many different pharmacies.
Jobs Returns To Announce Apple’s New Product
June 8, 2011 by admin
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Apple Inc CEO Steve Jobs returns on Monday to the stage at San Francisco’s Moscone center to unveil what investors hope will be the next source of growth for the world’s most valuable technology company.
Jobs, who has been on medical leave for several months and last took the stage in March to present the iPad 2, will announce the iCloud, a Web-based service that lets consumers stream music they bought to any Apple device, pitting it against rivals Google Inc and Amazon.com Inc.
That expansion into cloud computing is seen as necessary if the company is to stay competitive with increasingly popular open-sourced software, such as Google’s Android operating system, according to analysts and investors.
The iCloud has the potential to make Apple’s iTunes even more powerful, making it tougher for rivals to keep up, Sterne Agee analyst Shaw Wu said.
“It looks like Apple will likely offer some base service for free,” Wu said. “Competitors, including RIM, Google, Amazon and Microsoft already have a hard time competing with iTunes as it is, but we believe will likely find it even tougher with iCloud enhancements.”
Sony Hacked Again
May 29, 2011 by admin
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More than 2000 users of Sony Ericsson’s Canadian Website are impacted by the latest hack attack to hit a battle worn Sony. Sony Ericsson is joint mobile phone venture between Sony and Ericsson. According to Sony hackers made off with e-mail addresses, passwords and phone numbers–but no credit card details. Sony has now shut down the affected site. Around 1000 of the stolen records from the Sony Canadian Website are already online, posted by Idahc, a “Lebanese grey-hat hacker”.
“Sony Ericsson’s Website in Canada, which advertises its products, has been hacked, affecting 2000 people,” a Sony spokesperson told AFP. “Their personal information was posted on a Website called The Hacker News. The information includes registered names, email addresses and encrypted passwords. But it does not include credit card information.”
“Sony Ericsson has disabled this e-commerce Website,” Sony detailed to IDG News. “We can confirm that this is a standalone website and it is not connected to Sony Ericsson servers.” For security, Sony has shut down the Canadian Sony Ericsson eShop page, which currently reads: “D’oh! The page you’re looking for has gone walkabout. Sorry.”