Posts Tagged ‘iPad

05
Aug
10

Rupert Murdoch says Apple’s iPad is a ‘game-changer’ for news media

NEWS
Rupert Murdoch says Apple’s iPad is a ‘game-changer’ for news media

Thursday, August 05, 2010

••• Global media chief Rupert Murdoch says Apple’s iPad will be a ‘game changer’ for newspapers.

The chairman and chief executive of News Corporation said the iPad would allow publishers to attract new readers to their mastheads.

‘It’s a real game changer in the presentation of news,’ Mr. Murdoch said on Thursday during a conference call for the company’s full year profit results.

‘We will have young people reading newspapers. We will have different looking types of newspapers.’

News Corp owns newspapers in the U.S., U.K., Australia and elsewhere.

Mr. Murdoch said he expected to see hundreds of millions of these devices around the world.

‘There will be all sorts of things we can do with them,’ Mr. Murdoch said.

‘As they develop technologically, we have got to to develop our methods of presentation of news.’

News Corp chief operating officer Chase Carey said the iPad ‘really starts to deliver on the promise of multimedia’ for the first time.

In terms of charging for online content, The Times and Sunday Times newspapers in the U.K. started slugging users $1.59 (£1) a day, or $3.18 (£2) a week, to access their content online from the start of July.

Mr. Murdoch said there had been a positive response, but declined to say how many people had paid for subscriptions.

‘We have had a very encouraging number of people subscribing at a good price,’ he said.

‘But we think we are on the right strategy there and we think it’s going well.’

Mr. Murdoch also flagged changes to News Corp’s social networking portal MySpace, which he said was going through a major overhaul under a new management team.

‘It will look very, very different in a few months to what it’s looked for the last few years,’ Mr Murdoch said.

‘We are going to see it out for some time yet.’
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• Source(s): News Corporation
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04
Aug
10

News Corp. Posts $875 Million Profit as Ad Sales Rise

NEWS
News Corp. Posts $875 Million Profit as Ad Sales Rise

Wednesday, August 04, 2010

••• Media and entertainment giant News Corp. reported, Wednesday, that it has swung to profit in the fiscal fourth quarter on the back of strong performance from its television networks division which posted impressive ad sales.

News Corp. said its net profit in June quarter was $875 million or $0.33 per share as against loss of $203 million or $0.08 per share in the year ago period.

The company said its revenue moved up 5.7 percent to $8.11 billion.

Analysts, on average, had expected News Corp. to report profit of $0.20 per share on revenue on $7.87 billion.

However, operating profit, or sales minus the cost of goods sold and administrative expenses, slipped 1.7 percent year-on-year in June quarter to $932 million from $948 million.

The media conglomerate said its earnings were driven by strong performance put up by its television networks division, which accounted for more than half of its operating income.

Profits at domestic channels surged by 30 percent while international channels improved 40 percent. Overall, operating profit at cable television networks division, which include channels such as Fox News Channel and FX, surged 31 percent to $563 million on the back of advertising revenue which jumped 11 percent. The division also saw double-digit growth in revenue from fees paid by cable, satellite and fiber video providers.

Operating profit at News Corp.’s broadcast television division also surged 13 percent to $113 million on improved ad sales offsetting higher programming expenses at the company’s national broadcast network – Fox Broadcasting.

The group’s filmed entertainment division also did well but could not beat third quarter performance. Operating income in June quarter dropped 32 percent year-on-year to $137 million. In March quarter, profit stood at $497 million. At the time of announcing third quarter earnings, News Corp. had warned that one should not expect stellar performance from this division in the fourth quarter, largely due to an expected year-over-year decline in the film business due to the timing of releases.

The newspapers and information services division, which include the Wall Street Journal, Barron’s, MarketWatch and Dow Jones, also reported 20 percent surge in profit to $115 million on higher ad revenue, though it was below Street estimates.

The company’s digital media division, which include social networking site MySpace, however, disappointed, reporting an operating loss of $174 million in the June quarter on lower search and advertising revenue. News Corp. said MySpace is set for a “major overhaul.”

News Corp.’s satellite TV division also disappointed, reporting a 37 percent slide in operating income to $97 million on the back of continued weakness at Sky Italia.

To reduce dependence on the economically sensitive advertisement-based revenue, News Corp. said it is beefing up its portfolio of subscription-based assets. In June, it said it has made a bid for the 61 percent stake of pay-TV operator British Sky Broadcasting Group Plc (BSkyB) it doesn’t already own.

“The opportunity for us to expand the scale of our franchises is significant, including through taking advantage of the continual technological advances that will broaden the reach of our core content and distribution businesses,” News Corp. CEO Rupert Murdoch said in a statement.

The company’s full-year results were more impressive.

News Corp. said its net profit in fiscal year 2010 was $2.5 billion, helped primarily by blockbuster movie “Avatar.” DVD sales of other films like “Ice Age: Dawn of the Dinosaurs,” “X-Men Origins: Wolverine” and “Night at the Museum: Battle of the Smithsonian” also bumped up its profits. In the prior year, News Corp. incurred a net loss of $3.4 billion, which included a one-time pre-tax impairment and other charges of $9.2 billion.

“These results underscore just how well positioned we are – fiscally, operationally and strategically – for further growth across all of our markets,” Murdoch said.

Shares of News Corp., which owns Dow Jones, Wall Street Journal, New York Post, MySpace and 20th Century Fox among other things, closed up 1.61 percent at $13.85. Following the financial results announcement, the company’s shares were up 3.25 percent in the after-market hours.
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• Source(s): News Corporation
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23
Jul
10

Tablet War Hots Up With Microsoft iPad Rival

NEWS
Tablet War Hots Up With Microsoft iPad Rival

Friday, July 23, 2010

••• Microsoft is taking on the iPad in the battle of the tablets as it announced plans to launch it own version later this year.

It is working in partnership with Hewlett-Packard whose executive vice president Todd Bradley said: ‘Slates are going to be an enormous category.

‘Our focus is working with still our largest software partner, Microsoft, to create a tablet, a slate, for the enterprise business.’

‘This is just in its infancy.’

Apple has sold more than three million iPads since it went on sale in April and Microsoft has been seeking to develop products that will tap into the lucrative market.

When the Microsoft tablet arrives on the shelves it may benefit from one key advantage over its Apple rival.

The HP tablet computer will be able to run Flash, the popular video software from Adobe which Apple has barred from the iPad.
The news comes as Microsoft revealed a record $4.52 billion profit with a fourth quarter revenue of more than $16 billion dollars.

The American tech company credited the strong sales figures to the successful launch of its latest-generation Office 2010 software and to continued strong demand for its new Windows 7 operating system.

The popularity of its Xbox 360 videogame consoles and Bing’s improving share of the Internet search market also contributed to the successful final quarter of its fiscal year.

Microsoft chief operating officer Kevin Turner said: ‘We look forward to continuing our product momentum this fall with the upcoming launches of Windows Phone 7 and Xbox Kinect.’
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11
Jun
10

AT&T hacked, iPad 3G owners email addresses harvested

NEWS
AT&T hacked, iPad 3G owners email addresses harvested

Friday, June 11, 2010

••• Hackers have obtained the email addresses of more than 114,000 owners of Apple iPads.

Valleywag, a property of Gawker Media, said on Wednesday the hackers turned over the email list and it contained the email addresses of a number of high-profile iPad users including U.S. business leaders, politicians and military officials.

Valleywag published the names of some on the list but not their full email addresses.

They included New York Times Co chief executive Janet Robinson, New York Mayor Michael Bloomberg and White House chief of staff Rahm Emanuel.

The iPad owners whose email addresses were compromised were subscribers to AT&T’s 3G plan which provides connectivity to the touchscreen tablet computer from Apple.

In a statement, AT&T acknowledged there had been a data breach and issued an apology to customers who had been affected.

‘AT&T was informed by a business customer on Monday of the potential exposure of their iPad ICC IDS,’ AT&T said.

‘This issue was escalated to the highest levels of the company and was corrected by Tuesday; and we have essentially turned off the feature that provided the email addresses.’

Valleywag said the AT&T breach revealed the email addresses of iPad owners in companies such as Goldman Sachs, JP Morgan, Citigroup and Morgan Stanley and staffers in the Pentagon, Senate, House of Representatives, Department of Justice, NASA and Department of Homeland Security.
» Related: F.B.I. to investigate AT&T iPad data breach
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11
Jun
10

F.B.I. to investigate AT&T iPad data breach

NEWS
F.B.I. to investigate AT&T iPad data breach

Friday, June 11, 2010

••• The F.B.I. is investigating a security breach of AT&T’s website that allowed hackers to obtain the email addresses of iPad owners.

‘The F.B.I. is aware of these possible computer intrusions and has opened an investigation to address this potential cyberthreat,’ said Lindsay Godwin, an FBI spokeswoman.

AT&T acknowledged on Wednesday there had been a data breach at the U.S. telecom giant that allowed hackers to obtain the email addresses of owners of the 3G model of the iPad.

AT&T’s 3G plan provides the mobile connectivity for the touchscreen tablet computer from Apple.

According to Silicon Valley website Valleywag, a shadowy hacking group called Goatse Security hacked into the AT&T website and obtained the email addresses of over 114,000 iPad owners including those of business leaders, politicians and military officials.

Valleywag published the names of some on the list but not their full email addresses.

They included New York Times Co. chief executive Janet Robinson, New York Mayor Michael Bloomberg and White House chief of staff Rahm Emanuel.

Earlier Thursday, retired rear admiral Jamie Barnett, chief of the Federal Communications Commission’s public safety and homeland security bureau, expressed concern about the incident.

‘I am concerned about the report of a security breach to AT&T’s network that exposed the personal data of more than a hundred thousand iPad users,’ Barnett said in a statement.

‘This breach underscores the need for robust cyber security,’ he said. ‘The F.C.C. will continue to work with all stakeholders to prevent future security breaches that violate consumer privacy and undermine trust in America’s communications infrastructure.’

AT&T apologised for the disclosure and said it has ‘turned off the feature that provided the email addresses.’

Valleywag owner Gawker Media also runs the popular technology blog Gizmodo, which obtained a secret prototype of an Apple iPhone in April after it was lost in a California bar and published details and pictures of the device.
» Related: AT&T hacked, iPad 3G owners email addresses harvested
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09
Jun
10

Steve Jobs has Wi-Fi woes

NEWS
Steve Jobs has Wi-Fi woes

Wednesday, June 9, 2010

It was more iFail than iPhone at the launch of the latest iconic phone – with Apple’s boss walking offstage unable to pick up a wi-fi network for the sleek new device.

Launching the iPhone 4 at Apple’s Worldwide Developers Conference in San Francisco, CEO Steve Jobs apparently struggled because of audience wi-fi active devices.

‘We’re having a little problem here. I don’t know what is wrong with our networks,’ Mr Jobs said, as the huge projected image of his iPhone stayed resolutely blank.

Mr. Jobs admitted that the venue was known to be a wi-fi bad spot, before pleading for audience members to switch their devices off.

‘You know you can help me out if you are on wi-fi, you could just get off, I’d appreciate it,’ Jobs said to the crowd.

Having failed to show a website on the phone’s display as it sat alongside an existing iPhone model, Jobs attempted Plan B for the new phone.

‘We going to switch over to some backups here, I have a feeling we might have the same problem,’ he said.

After starting the backup, it gave an error message, ‘Could not activate cellular data network,’ to laughs from the crowd.

Mr. Jobs clicked the error message but another then appeared, ‘Could not open page’, to more laughs.
‘Well, jeez, i don’t like this,’ Mr. Jobs said.

Attempting to revert to the ‘primary’ phone he had been using, Mr. Jobs said: ‘I’m afraid I have a problem and I’m not going to be able to show you much today.’

Mr. Jobs then showed several photos on the high definition display of the new phone before a third attempt to access a network also failed.

‘Well, I’m sorry guys, I don’t know what is going on,’ Jobs said to some jeers from the audience.

Apple’s product unveilings are usually renowned for a lack of technical glitches, however Jobs had to resort to yelling to Scott Forstall, the vice president of iPhone software, for help.

‘Scott, you got any suggestions?’ Jobs pleaded.

Someone in the crowd then yelled out ‘Verizon’ – a dig at Apple for not offering the new phone through America’s biggest mobile service provider.

‘We’re going to hope things get fixed before my next demo here. Thanks,’ Mr Jobs said as he walked offstage.

Features of the new phone include two cameras with an inbuilt flash, wi-fi video conferencing facilities, uprated battery and motion-sensing gyroscope for game usage.
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• Source(s): Apple Inc.
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