The revamped App Store will let developers advertise their wares in search results and give developers a bigger cut of revenues on subscription apps, while Apple said it has already dramatically sped up its app-approval process.

The goal is to sustain the virtuous cycle at the heart of the hugely lucrative iPhone business. Software developers make apps for the iPhone because its customers are willing to pay, and those customers, in turn, pay a premium for the device because it has the best apps.

The store is now more strategically important than ever for Apple as sales of the iPhone begin to level off and the company looks to software and services to fill the gap. Apple CEO Tim Cook said on a recent conference call that App Store revenues were up 35 percent over last year.

But the store is also a victim of its own success. Eight years after its launch, it is packed with more than 1.9 million apps, according to analytics firm App Annie, making it almost impossible for developers to find an audience – and increasingly difficult for customers to find what they need, as some 14,000 new apps arrive in the store each week.

“The app space has grown out of control,” said Vint Cerf, one of the inventors of the internet and now a vice president at Alphabet Inc’s Google, who was speaking at a San Francisco conference on the future of the web on Wednesday. “We need to move away from having an individual app for every individual thing you want to do.”

Courtesy-http://www.thegurureview.net/mobile-category/apple-rolls-out-a-revamped-app-store.html

While investors believe privately owned Spotify is probably heading for a public listing, some industry analysts see the loss-making company as a takeover target for a larger tech giant with deeper pockets.

“My selfish ambition with Spotify is just trying to show … that we can create one of those super companies here in Europe,” he told journalists at the symposium Brilliant Minds, which aims to bring artists and musicians together with the tech community.

Asked if that meant he was not up for selling the firm, Ek said: “I’m not going to sell, no.”

Spotify, founded in 2006, pays more than 80 percent of its revenue to record labels and artists and has not yet shown a profit as it spends to grow internationally. It competes in a business crowded with formidable rivals such as Apple Music, Google Music and YouTube.

Many other European tech start-ups have been swallowed up by bigger Silicon Valley competitors.

Ek said Silicon Valley got an earlier start in building up its tech giants but that Europe finally has the right conditions to support its own entrepreneurs.

“For the first time now there’s an ecosystem around it with capital and experience that can actually help guide entrepreneurs,” he said.

“The number one advice I tell everyone is ‘don’t sell’, because that’s the biggest problem we have. All these things could grow gigantic if you just kept the course and kept doing what you’re doing,” he added.

Last year Spotify made an operating loss of 184.5 million euros ($205 million), widening from 165.1 million in 2014.

Spotify, whose investors include Northzone, DST Global and Accel, does not disclose details about its ownership but the co-founders no longer own a majority, having sold off stakes.

Courtesy-http://www.thegurureview.net/aroundnet-category/spotify-says-no-to-sales-rumor.html

The Micron 1100 SSD is a more mainstream oriented SSD that will be based on Marvell’s 88SS1074 controller and Micron’s 384Gb 32-layer TLC NAND. Using a SATA 6Gbps interface and available in M.2 and 2.5-inch form-factors, the Micron 1100 should replace Micron’s mainstream M600 series, based on 16nm MLC NAND.

The Micron 1100 SSD will be available in 256GB, 512GB, 1TB and 2TB capacities. It will offer sequential performance of up to 530MB/s for read and up to 500MB/s for write with random 4K performance of up to 92K for read and up to 83K IOPS for write. With such performance, it is obvious that the Micron 1100 series will target mainstream market and be a budget SSD.

The Micron 2100 is an M.2 PCIe NVMe SSD that is actually Micron’s first client oriented PCIe SSD and also the first PCIe SSD based on 3D NAND. Unfortuantely, Micron did not finalize the precise specifications so we still do not have precise performance numbers but it will be available in capacities reaching 1TB.

The Micron 1100 is expected to hit mass production in July so we should expect some of the first drives by the end of the next month. The Micron 2100 will be coming by the end of summer.

Courtesy-Fud

In an IDC interview Intel’s data center boss said that Nvidia gained an early lead in the market for accelerated HPC workloads when it positioned its GPUs for that task several years ago. However there is a perception that processors used for machine learning today are GPUs like those from Nvidia and AMD.

Bryant was a bit miffed when she was asked how Intel can compete in this market without a GPU. She said that the general purpose GPU, or GPGPU was just another type of accelerator and not one that’s uniquely suited to machine learning.
It is better to look at Knights Landing which is a coprocessor, but it’s an accelerator for floating point operations, and that’s what a GPGPU too.

She said that since the release of the first Xeon Phi in 2014, Intel now clawed back 33 percent of the market for HPC workloads that use a floating point accelerator.

“So we’ve won share against Nvidia, and we’ll continue to win share,” she said.

She said that Intel’s share of the machine learning business may be much smaller, but the market is still young.

“Less than one percent of all the servers that shipped last year were applied to machine learning, so to hear Nvidia is beating us in a market that barely exists yet makes me a little crazy,” she says.

Intel will continue to evolve Xeon Phi to make it better at machine learning tasks. She said that there are two aspects to machine learning – training the algorithmic models, and applying those models to the real world in front-end applications. Intel’s FPGAs and its Xeon processors mean Intel has both sides of the equation covered.

But Nvidia’s GPUs are harder for programmers to work with which could give Intel an edge as ordinary businesses need to adopt machine learning. Knights Landing is “self-booting,” which means customers don’t need to pair it with a regular Xeon to boot an OS.
However Intel’s newest Xeon Phi has a floating point performance of about 3 teraflops, which is a little slow compared to the five teraflops for Nvidia’s new GP100.

Courtesy-Fud

The company will acquire Israel-based EZSource, it said, in the hopes of helping developers “quickly and easily understand and change mainframe code.”

EZSource offers a visual dashboard that’s designed to ease the process of modernizing applications. Essentially, it exposes application programming interfaces (APIs) so that developers can focus their efforts accordingly.

Developers must often manually check thousands or millions of lines of code, but EZSource’s software instead alerts them to the number of sections of code that access a particular entity, such as a database table, so they can check them to see if updates are needed.

IBM’s purchase is expected to close in the second quarter of 2016. Terms of the deal were not disclosed.

Sixty-eight percent of the world’s production IT workloads run on mainframes, IBM said, amounting to roughly 30 billion business transactions processed each day.

“The mainframe is the backbone of today’s businesses,” said Ross Mauri, general manager for IBM z Systems. “As clients drive their digital transformation, they are seeking the innovation and business value from new applications while leveraging their existing assets and processes.”

EZSource will bring an important capability to the IBM ecosystem, said Patrick Moorhead, president and principal analyst with Moor Insights & Strategy.

“While IBM takes advantage of a legacy architecture with z Systems, it’s important that the software modernizes, and that’s exactly what EZSource does,” Moorhead said.

Large organizations still run a lot of mainframe systems, particularly within the financial-services sector, noted analyst Frank Scavo, president of Computer Economics.

“As these organizations roll out new mobile, social and other digital business experiences, they have no choice but to expose these mainframe systems via APIs,” Scavo said.

But in many large organizations, skilled mainframe developers are in short supply — especially those who really understand these legacy systems, he added.

“Anything to increase the productivity of these developers will go a long way to ensuring the success of their digital business initiatives,” Scavo said. “Automation tools to discover, expose and analyze the inner workings of these legacy apps are really needed.”

It’s a smart move for IBM, he added.

Source- http://www.thegurureview.net/computing-category/looking-to-transform-mainframe-business-ibm-acquires-ezsource.html

The service is available in six countries and among a limited range of banks, though in recent weeks Apple has added four banks to its sole Singapore partner American Express; Australia and New Zealand Banking Group in Australia; and Canada’s five big banks.

Apple Pay usage totaled $10.9 billion last year, the vast majority of that in the United States. That is less than the annual volume of transactions in Kenya, a mobile payments pioneer, according to research firm Timetric.

And its global turnover is a drop in the bucket in China, where Internet giants Alibaba and Tencent dominate the world’s biggest mobile payments market – with an estimated $1 trillion worth of mobile transactions last year, according to iResearch data.

Anecdotal evidence from Britain, China and Australia suggests Apple Pay is popular with core Apple followers, but the quality of service, and interest in it, varies significantly.

To use Apple Pay, consumers tap their iPhone over payment terminals to buy coffee, train tickets and other services. It can be also used at vending machines that accept contactless payments.

Apple Pay transactions were a fraction of the $84.5 billion in iPhone sales for the six months to March, which accounted for two-thirds of Apple’s total revenue.

Apple has leveraged its huge U.S. user base to push Pay, but has met resistance in Australia, Britain and Canada where banks are building their own products.

“Payments in general is such a complicated system with so many incumbent providers that revolutionary change like this was not going to happen very quickly,” said Joshua Gilbert, an analyst at First Annapolis Consulting.

The upshot: Apple has rolled out Pay in a dribble, adding countries and partners where it can – Hong Kong is expected to be added next – resulting in an uneven banking landscape with users and retail staff not always sure what will work and how.

Source- http://www.thegurureview.net/mobile-category/apple-pay-struggling-to-gain-traction-outside-u-s.html

The new test chip contains ARM’s yet-to-be-announced “Artemis” CPU core which is named after a goddess who will turn you into deer and tear you apart with wild dogs if you ever see her. [The NDA must have been pretty tough on this chip.ed]

In fact things have been ticking along on this project for ages. ARM discloses that tapeout actually took place back in December last year and is expecting silicon to come back from the foundry in the following weeks.

ARM actually implemented a full four-core Artemis cluster on the test chip which should show vendors what is possible for their production designs. The test chip has a current generation Mali GPU implementation with 1 shader core to show vendors what they will get when they use ARM’s POP IP in conjunction with its GPU IP. There is also a range of other IP blocks and I/O interfaces that are used to validation of the new manufacturing process.

TSMC’s 10FF manufacturing process is supposed to increase density with scaling’s of up to 2.1x compared to the previous 16nm manufacturing node. It also brings about 11-12 per cent higher performance at each process’ respective nominal voltage, or a 30 per cent reduction in power.

ARM siad that comparing a current Cortex A72 design on 16FF+ and an Artemis core on 10FF on the new CPU and process can halve the dynamic power consumption. Currently clock frequencies on the new design are still behind the older more mature process and IP, but ARM expects this to improve as it optimizes its POP and the process stabilizes.

Courtesy-Fud

Bristol Ridge and Stoney Ridge sound a little like locations in a Somerset version of Game of Thrones, but they both feature AMD’s Excavator x86 processor cores and Radeon R7 graphics, which AMD sees powering e-sports gaming on laptops.

Bristol Ridge is the more powerful of the two coming in 35W and 15W versions of AMD FX, A12 and A10 processors, offering up to 3.7GHz of processing power. The former two processors are paired with up to eight Graphics Core Next (GCN) cores in the R7 to provide a decent pool of graphics processing power.

Stoney Bridge offers less in the way of processor power, topping out at 3.5GHz, and versions include 15W A9, A6 and E2 processor configurations coupled with lower powered graphics accelerators.

AMD claimed that the new APUs offer a 50 per cent hike in performance over the previous generation Carrizo APUs. However, this rise is over APUs from the early part of Carrizo’s lifecycle, so performance gains over the most recent Carrizo APUs are likely to be 10 to 20 per cent.

AMD also said that its silicon is faster than rival chips from Intel, including the i3-6100U found in several ultraportable laptops.

Many of these tests are subjective and depend on how a hardware manufacture configures and sets up the APUs in a laptop or tablet, but AMD does have its graphics tech to draw on, such as the GCN architecture, which could give it the edge over Intel’s chips when it comes to pushing pixels.

The APUs will be aimed primarily at slim laptops that need low-power consumption chips, much like Intel’s Skylake line.

Bristol Ridge is currently available to end users only in the form of HP’s latest Envy laptop. But now that AMD has debuted the full range of the seventh-generation APUs we can expect to see them in other ultraportable machines before too long.

Courtesy-TheInq

Our well-placed sources are confident that the PC group will be the hardest hit. This is all because the PC market has stopped growing and Intel has to find its way to new markets to supplement loss of this business.

Latest research data from IDC indicates that in 2016 PC market will decline from 275.8 million units in 2015 to 260.8 million units in 2016 and the current projections for 2017 show the PC market slightly decreasing to 257.9 million units. At its peak PC market was at 364.0 million units, but this was in 2011 when things were rosier, kids were polite to their parents, and rock stars played decent music. These times are clearly behind us and Intel knows it.

The PC group downsize is being supervised by Dr. Venkata “Murthy” Renduchintala who is Intel’s number two. He is the bloke who was paid $25 million dollars to defect from Qualcomm. Murthy has already done a high level clean up at PC client group and is believed to be thinking about dusting the top of the corporate bookshelf next.

Another team which will be pummeled is Rene James’s old software outfit. People from software services and the security division formerly known as McAfee are expected to mostly go the same way as the artist formerly known as Prince.

Murthy’s also wants to get Intel to the right course with IoT market. Marketing for that area is expected to grow from $655.8 billion in 2014 to $1.7 trillion in 2020. Intel wants the piece of that cake, and perhaps a few tea and biscuits to go with it and it will be interesting to look the fight in this promising land market.

There is still no killer app to help the IoT market which defines it. IoT right now is nothing and everything.

Courtesy-Fud

The Society for Worldwide Interbank Financial Telecommunication (SWIFT)’s chief executive, Gottfried Leibbrandt, told a financial services conference in Brussels that SWIFT will launch a five-point plan later this week.

Banks send payment instructions to one another via SWIFT messages. In February, thieves hacked into the SWIFT system of the Bangladesh central bank, sending messages to the Federal Reserve Bank of New York allowing them to steal $81 million.

The attack follows a similar but little-noticed theft from Banco del Austro in Ecuador last year that netted thieves more than $12 million, and a previously undisclosed attack on Vietnam’s Tien Phong Bank that was not successful.

The crimes have dented the banking industry’s faith in SWIFT, a Belgium-based co-operative owned by its users.

The Bangladesh Bank hack was a “watershed event for the banking industry”, Leibbrandt said.

“There will be a before and an after Bangladesh. The Bangladesh fraud is not an isolated incident … this is a big deal. And it gets to the heart of banking.”

SWIFT wants banks to “drastically” improve information sharing, to toughen up security procedures around SWIFT and to increase their use of software that could spot fraudulent payments.

SWIFT will also provide tighter guidelines that auditors and regulators can use to assess whether banks’ SWIFT security procedures are good enough.

Leibbrandt again defended SWIFT’s role, saying the hacks happened primarily because of failures at users. “Many of the less protected banks are in countries were skills are really scarce,” he said, pointing the finger at providers of services to banks.

“We will have to create an ecosystem of providers and partners, for example by introducing certification requirements for third-party providers,” he said.

Courtesy-http://www.thegurureview.net/uncategorized/swift-to-implement-new-security-program-after-recent-hacking.html