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Xerox Moving Into IT Services
Printer and copier maker Xerox Corp forecast current-quarter earnings below estimates as it quickens efforts to transform itself into a technology services provider.
Xerox, whose shares were little changed at midday, also offers services such as managing toll systems and healthcare programs to counter sluggish growth in its printers and copiers business, which accounts for about 40 percent of its revenue.
Services is now the larger part of the company’s business and lower margins in IT and business process outsourcing is dragging overall margins.
The company said it expects second-quarter revenue from its document technology business, which includes printers and copiers, to decline in the mid-single digits. Revenue fell 9 percent to $2.14 billion in the business in the first quarter.
Based in Norwalk, Connecticut, Xerox moved into business services with its purchase of Affiliated Computer Services Inc (ACS) for $5.5 billion in 2009 – the company’s biggest deal in its 106-year history.
Xerox said it plans to quicken the pace of a restructuring plan kicked off in the last quarter of 2012 and included a 2-cent restructuring charge in its second-quarter forecast.
Xerox said it expects flattish revenue for the full year, compared with previous expectations of up to a 2 percent growth, it said on a conference call with analysts.
The company said it was on track to reach its target of adjusted EPS of $1.09 to $1.15 for the full year and to generate operating cash flow of $2.1 billion to $2.4 billion.
“Europe remains weak. US remains stable, but weak. We have not seen a pickup in the US,” Xerox CEO Ursula Burns said on a conference call with analysts.
“We did see a slowdown, a bit of a slowdown, in some developing market economies. But our business model is fairly resilient in the developing markets,” she said.
6 of 10 Companies Approve BYOD
April 18, 2013 by admin
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More than six out of 10 companies allow or mandate the use of employee-owned mobile devices for work in order to increase productivity, according to a survey published on Tuesday.
While the BYOD (bring your own device) push has been at the forefront of press coverage, the majority of companies still provide at least a subset of devices to employees. One third of companies strictly mandate which devices can be used for work purposes and don’t allow any type of device provided by the employee, according to the survey conducted by the Computing Technology Industry Association (CompTIA), a nonprofit trade group.
The online survey of 502 U.S. IT and business executives was conducted in February. It also found that the most popular option, at 58%, was to have a mix of corporate-owned and employee-owned devices.
For 53% of those surveyed, the top reason for allowing employees to use or select their own devices was to increase productivity while employees are away from the office. Another reason was that employees like to use familiar devices.
Twelve percent of the respondents stated it was simply too difficult to stop employees from using their own devices.
CompTIA’s report said that companies looking to maximize the benefits of a mobile device-enabled workforce must “look beyond simply which devices are used and re-examine business processes and workforce needs.”
Companies should assess the specific needs of workers, rather than just deploying one device over another on a corporate-wide basis, said Seth Robinson, director, technology analysis, at CompTIA.
Lenovo To Buy NEC’s Mobile Phone Unit
Japan’s NEC Corp is in negotiations to sell its struggling mobile phone unit to its PC venture partner Lenovo Group Ltd, a source familiar with the discussions said, confirming media reports of the negotiations.
NEC is also in talks with potential domestic buyers, the source said on condition that he wasn’t identified.
NEC has until now said its mobile business is an important part of its overall operations. But after two years of losses the company is shedding assets to bolster profitability.
“Amid the rapidly changing market we are considering a number of ways to bolster the competitiveness of our mobile phone business, but nothing has been decided,” NEC said in a statement through the Tokyo Stock Exchange on Friday in response to the media reports.
Lenovo officials could not be immediately reached for comment.
Japanese phone makers have struggled to gain traction overseas inmarkets dominated by Samsung Electronics Co Ltd and Apple Inc where they are also being challenged by upcoming Chinese makers. In Japan, the two foreign giants are whittling down their share of cell phone sales.
Last October, NEC cut its mobile phone sales target for the year ending March to 4.3 million from a previous estimate of 5 million units. Lenovo, the world’s No.2 maker of PCs, is cranking up overseas expansion in smartphones after solid growth in China.
Japan’s biggest cell phone maker, Sony Corp, is vying with China’s Huawei Technology Co and ZTE Corp to be No.3 in the global smartphone market.
NEC also plans to sell its mobile services subsidiary NEC Mobiling Ltd for as much as $850 million, separate sources told Reuters this month.
Marubeni Corp’s telecommunications unit and TD Mobile, a joint venture between Toyota Tsusho Corp and Denso Corp, are vying for the 51 percent stake, the sources said.
LG Buys webOS From HP
Hewlett-Packard has sold some of the rights to its webOS mobile operating system to LG Electronics for use in smart TVs manufactured by the South Korean electronics giant.
LG has agreed to acquire the source code, webOS engineering team and other assets from HP, in a deal announced on Monday. LG will also license HP patents related to webOS and cloud technology, the companies said.
Financial terms of the deal weren’t disclosed.
HP acquired the mobile operating system, along with device maker Palm, in February 2010. HP used the OS on its short-lived TouchPad device, which debuted in mid-2011 then disappeared weeks later.
HP announced a new tablet, the US$169 Slate 7, on Sunday. The Slate 7 will run the Android operating system.
LG will lead the Open webOS and Enyo open-source projects as part of the deal, the company said. HP will retain ownership of all of Palm’s cloud computing assets, including source code, talent, infrastructure and contracts.
HP said it will also continue to support Palm users.
LG will use the technology to expand the Web capabilities of its smart TVs, said Sam Chang, LG vice president and general manager of innovation and Smart TV, in an interview.
LG bought the webOS assets in part for the engineering team, which includes user experience engineers, he said. The webOS engineers who remained at HP — the companies aren’t saying how many there are — are to join LG’s Silicon Valley labs.
LinkedIn DropS BWP API
February 18, 2013 by admin
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LinkedIn has shut off its API access to “Bang With Professionals,” a Web service that was intended to facilitate more, say, intimate connections among users of the business-oriented social networking site.
The service was designed to allow LinkedIn users to anonymously search for people in their LinkedIn network who would be interested in meeting up for casual sex.
“We all had a good laugh,” the founders of Bang With Professionals said on last Friday on the website, less than a month after its launch. “We all knew it was a matter of time before our API key was revoked.”
LinkedIn said it shut off API (application programming interface) access for the free site, which was intended to work on all desktops and mobile devices, because it violated the social network’s terms of use in a manner that was “inconsistent with the goals of our developer program.”
Among other things, API access isn’t allowed for any application that contains or displays adult content.
Data about the site’s 6,000 subscribers is safe and all their user IDs have been deleted, the founders said. The only thing that remains now is the site’slanding page.
The origins of Bang With Professionals are not unique in the fast-paced social networking landscape. The site was built “by two guys in three days,” the landing page says. The total launch cost was US$57: $40 for stock images, $12 for the domain name and $5 for an account on the server CloudFlare.
The Twitter handle for the site has since been deactivated, but at press time, the Bang With Professionals blog on Tumblr was still accessible.
HP Looks Beyond Windows
Hewlett-Packard has announced the availability of its latest Pavilion laptop with Google’s Chrome OS as the PC maker attempts to improve laptop sales by offering an alternative to the Windows OS.
The Pavilion 14 Chromebook has a 14-inch screen and runs on a dual-core Intel processor. The laptop is roughly 21 millimeters thick, and weighs 1.8 kilograms. It offers just over four hours of battery life, said David Conrad, director for product management at HP’s consumer products group.
The laptop is expected to ship on Monday in the U.S. starting at $329.99. The company did not immediately provide worldwide availability information.
HP wanted to widen its product offerings and the new Chromebook is targeted at those who do most of their computing on the Web, Conrad said.
“It’s really about choice. We have a very wide offering,” Conrad said. “We think the time is right for an additional choice for people to have a gateway to their Google digital lifestyle.”
The laptop has only 16GB of solid-state drive storage, but will offer 100GB of free Google Drive storage for two years.
The Chromebook has the same design as HP’s other PC offerings, which mostly run on Windows and have standard-capacity hard drives. But, with a lot of data moving to the cloud, the Chromebook provides a different usage model.
“We see this as another device to be used around the house. It’s easily managed,” Conrad said.
Baidu Heads To The Cloud
China’s largest search engine Baidu said on Monday that they would provide 30GB of free cloud storage to Android devices built with certain Qualcomm chips, in what’s the latest move by the company to build a presence in the country’s mobile services sector.
Baidu’s limited-time offer applies in China to two of Qualcomm’s latest chips, the Snapdragon S4 MSM 8×25 processor, and the Snapdragon S4 MSM 8x25Q processor. Users activating Baidu’s cloud service will receive 15GB of free cloud storage over the device’s lifetime, and an additional 15GB of storage free for one year.
As of Monday phones containing the chips, from Chinese manufacturers including Lenovo and Huawei, will ship with the free Baidu cloud storage enabled as a result of the partnership with Qualcomm.
Baidu is offering the free storage after the company in September declared China’s mobile Internet space as its next major focus, and announced a $1.6 billion investment to build a new cloud computing center.
Intel Partners With WMware
Intel has teamed up with Microsoft’s rival VMware to deliver a platform for “trusted cloud.”
The technology will mix Intel’s Trusted Execution Technology (TXT) and VMware’s vSphere 5.1, platform for building cloud infrastructures. Intel said its hardware-enhanced security capabilities integrated directly into the processor combined with vSphere 5.1 would provide a hardened and high-integrity platform to run business-critical applications in private and public cloud environments.
Intel thinks that the biggest barrier to cloud adoption is the fact that companies are worried about security. Jason Waxman, general manager of Intel’s Cloud Infrastructure Group, in a statement that Intel TXT provides hardware enforcement to help overcome some of the most challenging aspects of cloud security, including detection and prevention of bios attacks and evolving forms of stealthy malware, such as rootkits.
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.
Lenovo Launches The IdeaPad
Although it was introduced six months ago at CES, Lenovo’s new IdeaTab has finally showed up at Lenovo’s site with a pretty decent price around $343.20. The IdeaPad comes with a 10.1-inch screen, Qualcomm’s dual-core Snapdragon S4 CPU, Android 4.0 ICS and optional keyboard dock, it certainly sounds like a good deal.
The specification list for the Ideatab S2110 kicks off with a 10.1-inch IPS 1280×800 display, Qualcomm’s 1.5GHz dual-core Snapdragon S4 CPU, 1GB of RAM and Android 4.0 ICS OS. The rest of the specs include back 5MP and front 1.3MP cameras, 802.11bgn WiFi, Bluetooth 4.0, and a battery capable of up to 9-10 hours of WiFi web browsing, according to Lenovo.
Same as the Asus Transformer line of tablets, Lenovo’s Ideatab S2110 also features an optional keyboard dock that gives you an extra ten hours of battery life and adds two USB ports and a card reader.