Yahoo Wins Major Lawsuit
December 17, 2011 by admin
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Yahoo has achieved a big victory against spammers, a legal victory that also includes a default judgment of $610 million.
In the lawsuit, filed in May 2008, Yahoo targeted a variety of individuals and companies, accusing them of trying to defraud people via a spam campaign that falsely informed email recipients that they had won prizes in a non-existent Yahoo-sponsored lottery.
Yahoo alleged that the defendants’ goal was to trick email recipients into providing them with personal and financial information that could be used to commit fraud by raiding victims’ bank accounts, using their credit cards and applying for loans on their behalf.
Judge Laura Taylor Swain from the U.S. District Court for the Southern District of New York ruled that Yahoo’s allegations are “uncontroverted” and said the company is entitled to $27 million in statutory damages for trademark infringement and $583 million in statutory damages for violation of the CAN-SPAM Act.
It’s not clear whether Yahoo will be able to collect the money. A default judgment is rendered when defendants in a case fail to plead or defend an action, as happened in this case, in which the defendants never responded to Yahoo’s complaint.
HTC Is On A Buying Spree
September 13, 2011 by admin
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Taiwanese handset maker HTC has been on a shopping spree to reshape its business, though it remains to be seen if the strategy will help it gain ground on rivals such as Apple, Samsung and Research In Motion.
HTC has bought or invested in at least six companies this year, many of which provide technologies to improve how users consume and share content on its devices. It’s a big change for the Taiwanese manufacturer, which focused for much of its existence on hardware, leaving software and content to its partners.
Times have changed, however, with rivals like Apple and Nokia building whole ecosystems around their products, including app stores and content delivery systems. HTC has shifted its focus before, moving from contract manufacturer for Microsoft’s smartphones to selling its own HTC-branded devices. It must now evolve once more.
“It is no longer enough to focus only on hardware innovations,” said Ryan Lee, an analyst with Taipei-based Topology Research Institute. HTC’s acquisitions, which include both technology and patents, “pave the way for HTC’s greater competitiveness,” he said.
2TB USB Thumb Drive On The Horizon?
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According to a video posting on YouTube of memory card maker Transcend and Industrial Technology Research Institute (ITRI) have joined forces to produce a USB 3.0 flash drive with up to 2TB of capacity.
The drive, described as measuring as long as a human thumb and slightly thicker than a penny, was video taped at the Display Taiwan 2011 technology show. The model on display had only 16GB, but the display states that it’s capable of scaling to 2TB.
HP To Debut 7-Inch Tablet In August
June 30, 2011 by admin
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The 9.7-in. TouchPad debuting on July 1 from Hewlett-Packard (HP) will be quickly followed by a 7-in. tablet from HP in August, according to an anonymous source.
Taiwan Economic News on Friday cited an unnamed subcontractor for Inventec Corp., a PC manufacturing company in Taiwan, for information about the smaller tablet. The story said Inventec has “received big-ticket orders for tablet PCs from HP,” for both the 9.7-in. TouchPad and a 7-in. model launching in August.
The announced TouchPad runs WebOS, but no other details were available on the 7-in. model.
Inventec and HP have so far not commented on this story.
HP has not announced a 7-in. tablet, although that form factor is becoming fairly common alongside tablets with screens close to 10 inches in size.
Acer Is The Latest Victim Of Computer Hacking
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Taiwanese PC manufacturer Acer is investigating a cyber hacker attack that stole customer data from its Packard Bell division in Europe, the company said.
Acer said the security breach was limited to customers’ names, addresses, phone numbers, emails, and system serial numbers. No credit card data was stolen, it said. Acer provided no other details about the breach, and said the investigation was ongoing.
News of the breach was reported several days ago, after a hacker group called Pakistan Cyber Army claimed to have stolen the personal data of about 40,000 people from an Acer server in Europe. Acer did not comment on the attack at the time.
The Hacker News had published screen shots of the personal data and some of the source code that was stolen in the security breach. It also said that the Pakistan Cyber Army would issue a press release detailing more about their motives. But so far, no new information has surfaced from the hacking group.
iPhone 5 May Debut In September
April 21, 2011 by admin
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Apple’s next-generation iPhone will have a faster processor and will start shipping in September, several sources with direct knowledge of the company’s supply chain said.
The production of the new iPhone will start in July/August and the smartphone will look very similar to the current iPhone 4, one of the sources said on Wednesday.
The iPhone -debuted in 2007 with the touchscreen, on-demand application template now adopted by its rivals- remains the gold standard in the booming smartphone market.
Reports on the timeline of the new iPhone launch vary, though it is largely expected that Apple will likely refresh its iPhone 4 later this year.
The sources declined to be identified because the plans for the new iPhone were not yet public. An Apple spokeswoman in Hong Kong was not available for comment.
The iPhone is one of Apple’s most successful products, with more than 16 million sold in the last quarter of 2010 and the product accounted for more than a third of the company’s sales in the quarter.
The current iPhone 4 was launched by Apple Chief Executive Steve Jobs in June last year and began shipping the same month in 2010.
HTC Profits Rise, Lead By Android Popularity
April 10, 2011 by admin
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Taiwan smartphone maker HTC Corp said first-quarter profit almost tripled, beating forecasts, driven by strong demand for its mobile devices, especially those running on Google’s Android operating system.
The company, which has just overtaken industry giant Nokia in terms of market capitalization, said on Friday that first-quarter net profit was $511 million.
“That its first quarter would be above expectations was well foreseen, Q1 seasonality was better than expected,” said Bonnie Chang, an analyst at Yuanta Securities in Hong Kong.
“For the second quarter everyone is expecting revenue sequential growth in the high teens to 20 percent, shipments will be strong and average selling prices are holding up pretty well.”
Growing demand for phones running on Google’s Android platform will help the smartphone market grow in 2011, boosting companies such as HTC and Samsung Electronics who are betting on the platform.
The smartphone market is likely to grow 58 percent this year and 35 percent the next, according to research firm Gartner.