Posts Tagged ‘San Francisco



17
Jun
10

AOL sells Bebo for scrap – and a $275 million tax break

NEWS
AOL sells Bebo for scrap – and a $275 million tax break

Thursday, June 17, 2010

••• AOL Inc is paring back its ambitions in online social networking, selling a website called Bebo that it bought a little more than two years ago for $.850 million. when AOL was still part of Time Warner Inc.
Bebo, which was launched in 2005, has failed to match the huge popularity of sites such as Facebook and Twitter.

It has been strong in foreign markets, though, including Britain.

AOL tried to take advantage of that to drive traffic to its other ad-supported web properties, but the site has been losing ground.

Worldwide, it had about 12.6 million users in April, less than half of the 26.9 million it had in the same month a year ago, according to comScore Inc.

In the U.S., Bebo was down to 4.9 million from 10.2 million a year earlier. In the same period, Facebook has grown to 121.8 million users in the US from 67.5 million.

AOL said in April it planned to shut Bebo or sell it. The company said on Wednesday the buyer is the private investment firm, Criterion Capital Partners LLC.

The California firm did not say how much it is paying, but analysts have speculated that the site would fetch just a small fraction of what AOL paid for it. In a note AOL CEO Tim Armstrong sent to employees on Thursday, he said the deal provides a ‘meaningful’ tax deduction for AOL.

AOL said in a filing with the U.S. Securities and Exchange Commission it expects to log a tax benefit of $275 million to $325 million in the April-June quarter. The company also said it will assess whether it needs to write down the value of its business overall for the quarter.

In his note, Armstrong also said the sale would let Bebo users continue to use the service.

Criterion Capital Partners are specialists in facilitating growth plans and turnarounds and are well-placed to drive Bebo’s effort to strengthen its foothold within the highly competitive social networking arena,’ he wrote.

In April, AOL unloaded another service that it had acquired for more money. It agreed to sell its ICQ instant messaging business for $187.5 million in cash to Russian internet investor Digital Sky Technologies. In 1998, AOL, then known as America Online, paid at least $US287 million to buy Mirabilis, the Israeli company behind ICQ.

AOL shares fell 8 cents to $22.20 in afternoon trading.
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15
Jun
10

Microsoft Office 2010 goes on sale worldwide

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Microsoft Office 2010 goes on sale worldwide

Friday, June 11, 2010

••• Microsoft Corp. on Tuesday announced that the latest version of its Office software is now available for consumers worldwide.

Starting from Tuesday, consumers can purchase Microsoft Office 2010 at more than 35,000 retail stores across the globe, through online retailers or from Microsoft website.

Office 2010 can also be purchased with desktops and laptops from leading personal computer (PC) makers including Acer, Asus, Dell, HP, Lenovo, Samsung and Sony, Microsoft said in a press release.

The software giant predicted that in the next year, more than 100 million PCs will ship with Office 2010 preloaded.

Microsoft said it has made considerable enhancements to Office 2010, a suite of applications including the popular Word, Excel, Outlook and PowerPoint.

For example, improvements to Word 2010 can help users add extensive text effects and table formatting options.

Microsoft also announced that a free, Web-based version of the Office programs is becoming available to consumers.

The Office Web Apps, which includes Web-based versions of Word, Excel, PowerPoint and OneNote that enable users to edit and share documents online, is seen as Microsoft’s answer to Google Inc.’s Web-based applications.
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• Source(s): Microsoft Corporation
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09
Jun
10

Steve Jobs has Wi-Fi woes

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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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09
Jun
10

Google’s new search index Caffeine goes live

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Google’s new search index Caffeine goes live

Wednesday, June 9, 2010

Internet giant Google has given its search engine capabilities a jolt with the launch of a new indexing system dubbed ‘Caffeine’.

The new system will process hundreds of thousands of pages simultaneously every second, and promises to serve content 70 percent fresher than the current algorithm, including material derived from real-time Web technologies, such as Twitter.
Google’s ‘Caffeine’ is understood to take up nearly 100 million gigabytes of storage in one database.

Previously, Google would assess a fraction of the Web each night, index it and push it out in its results.

With Caffeine, as Google crawls the Web and finds new information, it indexes it immediately.

The ‘Caffeine’ formula has slashed the average search response time to about half that of ‘old’ Google, and is geared to decipher complex keyword strings with greater ease – things that search engine experts say Microsoft really hit on when it released Bing.
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• The Official Google Blog: Our new search index: Caffeine
• Source(s): Google Inc. – Carrie Grimes, Software Engineer
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07
Jun
10

Apple Unveils iPhone 4 for $199, Available June 24th

NEWS
Apple Unveils iPhone 4 for $199, Available June 24th

Monday, June 7, 2010

Apple has unveiled a next-generation iPhone that features video chat, can shoot and edit high-definition quality video, and has a crisper resolution screen.

‘We are going to take the biggest leap since the original iPhone,’ Apple chief executive Steve Jobs said as he showed off the iPhone 4 at Apple’s Worldwide Developers Conference here.

The iPhone 4 will go on sale on June 24 in Britain, France, Germany, Japan and the United States, and will cost $199 for the 16 gigabyte model and $299 for the 32GB version.

The touchscreen smartphone, which comes in black and white versions, will be available in 18 other countries in July and 24 more in August.

The iPhone 4 includes more than 100 new features including a front-facing video camera to allow for video-conferencing between iPhones, a better still camera, an improved battery and a screen with significantly higher resolution.

To demonstrate the video chat program, called FaceTime, Jobs, dressed in his trademark black turtleneck and blue jeans, called up Jonathan Ive, an Apple product designer, and held an iPhone-to-iPhone video conversation.

The iPhone 4 can also shoot and edit HD video. Randy Ubillos, Apple’s chief architect for video applications, displayed an iMovie for iPhone video editing program available from Apple’s App Store for $4.99.

Jobs touted the higher-resolution screen as a major leap forward. ‘There has never been a display like this on a phone,’ he said.

The 3.5-inch screen is the same size as on previous models, but features 326 pixels per square inch, four times more pixels than the earlier iPhones.

‘There is a magic number around 300 pixels per inch that is the limit of the human retina,’ Jobs said. ‘We are over that limit.

‘That’s going to set the standard for display for years to come.’

The improved battery life allows for 40 per cent more talk time, Jobs said, and the iPhone 4 – at 0.37 inch or three-eighths of an inch – is 24 percent thinner than the previous model, iPhone 3GS.

The iPhone 4, which runs on Apple’s A4 processor, features a five-megapixel camera, an improvement on the previous three-megapixel camera.

Users will also have the option to use Microsoft’s Bing as an internet search engine in addition to Google and Yahoo! Google remains the default search engine.

Jobs joked that some of the attendees at the conference may have seen the iPhone 4 previously ‘because there have been a few photos around’.

Technology blog Gizmodo obtained a prototype of the iPhone in April from a 21-year-old man who found it in a California beer garden, where it had been lost by an Apple software engineer, and published details of the device.

Apple launched the iPhone in 2007 and has sold more than 50 million as it battles Google’s Android platform, the Blackberry from Canada’s Research in Motion and others for the fast-growing market.

Before displaying the latest iPhone, Jobs said that more than five million digital books have been downloaded since Apple began selling its iPad tablet computer two months ago.

Jobs, who received a standing ovation as he walked on stage to address the more than 5200 software developers attending the conference, said the 8500 applications developed for the iPad have been downloaded more than 35 million times from Apple’s App Store.

Apple has sold more than two million iPads since it went on sale in the United States in early April and in nine other countries late last month.

Jobs said that 225,000 applications for the iPhone and the iPod Touch were currently available and that five billion applications had been downloaded from the App Store as of last week.

The new iPhone received positive reviews from analysts, although most of the features were known already because of the Gizmodo leak.

Altimeter’s Michael Gartenberg said Apple has ‘raised the bar once again by offering next year’s technology at last year’s prices’.

‘They are the first ones to make video chat easy and that will drive the sales,’ Gartenberg said.

Gartner analyst Carolina Milanesi said the iPhone 4 ‘keeps Apple ahead of the competition’ by ‘driving software and hardware innovation hand in hand’.
• Latest News & Headlines » Home «
• Source(s): Apple Inc.
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06
Jun
10

Steve Jobs to announce iPhone 4G on June 7

NEWS
Steve Jobs to announce iPhone 4G on June 7

Sunday, June 6, 2010

Apple’s secrecy about product launches is legendary but when Steve Jobs takes the stage on Monday the world may have already had a glimpse of what’s to come.

Jobs is to be the keynote speaker at Apple’s Worldwide Developers Conference (WWDC) in San Francisco, an annual event during which the gadget maker reveals its latest must-have devices.

This year’s conference, which has attracted more than 5,000 developers of programs for Macintosh computers, the iPhone, the iPod and the iPad, carries less mystery than years past due to an Apple software engineer’s unfortunate evening in a California beer garden a little over two months ago.

The engineer, Robert ‘Gray’ Powell, lost a prototype of the next-generation iPhone while drinking at the Gourmet Haus Staudt near Apple headquarters and it ended up with a 21-year-old man who then sold it to technology blog Gizmodo.

According to Gizmodo, features of the new phone include a front-facing video camera for video conferencing and a better regular camera with a larger lens.
It reportedly has a flat back instead of curved back, is thinner than the previous model, the iPhone 3GS, and has a battery that is 16-percent larger.

Gizmodo, unsurprisingly, will not be in the audience when Jobs makes his keynote address at 10:00 am PDT on Monday. The technology blog said Apple has not responded to its requests to attend the June 7-11 WWDC.

Gartner analyst Van Baker said Gizmodo’s revelations about the next iPhone had taken some of the shine off the event.

‘I think the biggest challenge Apple’s going to face is coming up with enough exciting news to have this truly get the market’s attention,’ Baker said.

The front-facing video camera that will allow iPhone owners to have video chats with Macintosh computers or iPhone to iPhone ‘will probably be among the biggest news that we see,’ he said.

I think there’ll be some additional reveals on OS 4.0 (the latest iPhone operating system),’ Baker added.
‘We might see a new iPod Touch,’ the Gartner analyst told AFP. ‘Beyond that, I’m not sure because the iPad’s new and the MacBook line – both the MacBook and the MacBook Pro – just had a significant refresh.

‘So I’m not sure what else to expect from them other than OS4 announcements and a reveal of the new iPhone,’ he said.

Baker said he did not expect the new iPhone to be ‘exactly’ what Gizmodo displayed but there would probably not be substantive differences.

‘I’m sure they had variants of the design floating around and likely made the decision of which ones to manufacture within the last month or so,’ he said.

Kathryn Huberty of Morgan Stanley said Apple may announce a price cut for the iPhone. A $50 drop in price could result in a 40-percent increase in demand, she estimated.
U.S. wireless carrier AT&T sells the latest iPhone for $199 and a year ago Apple slashed the price for its earliest model to $99.

Independent technology analyst Carmi Levy said the Gizmodo leak ‘took some of the surprise out of the event’ but called it a ‘momentary diversion.’

In any case, Apple, which has sold more than 50 million iPhones in three years, has taken an approach of ‘evolution and not revolution’ when it comes to the touchscreen smartphone, Levy said.

‘When upgrading its iPhone hardware, Apple’s goal is never to hit it out of the park,’ he said. ‘Rather, the company’s intent is to move the bar far enough to maintain its market-dominant position.

‘To ensure it has enough new-feature gas in the tank for next year, it never gives customers everything they’ve asked for in any given year,’ he said.

‘Instead, it includes just enough new features to keep the faithful faithful for another year. It’s the ultimate form of controlled marketing, and Apple does it better than virtually any company on the planet.’
• Latest News & Headlines » Home «
• Source(s): Apple Inc. & Gizmodo / Gawker Media
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01
Jun
10

Apple shifts two million iPads in less than two months

NEWS
Apple shifts two million iPads in less than two months

Tuesday, June 1, 2010

Sales of the Apple iPad have passed two million since its launch almost two months ago.

The Cupertino, California, company began selling the iPad last Friday in Asia, Australia and Europe. The iPad was released in the United States on April 3.

The company does not publicly break out sales figures by region, according to Natalie Harrison, an Apple spokeswoman.

The company previously had said it sold one million iPads in the United States just 28 days after its launch. As a result of the strong demand at home, Apple had pushed back the start date of its international sales.
The iPad can be used to send emails, draw pictures and play games. It can also be used as an electronic reader. The basic model costs $499 in the United States, not including extras.

This past weekend, Apple began selling iPads in Australia, Canada, France, Germany, Italy, Japan, Spain, Switzerland and the United Kingdom.
Prices for the cheapest, WiFi-only version range from $499 in the United States to the equivalent of $620 in Britain for the entry-level 16 GB model. Canada ($520), Japan ($536) and Australia ($533) rounded out the price basement countries.

At the top end, an iPad 64 GB model with WiFi and 3G connectivity cost $829 in the United States against $1,010 in Britain and $980 in Germany, France and Italy.

The company said the device will be available in nine more countries in July and additional countries later this year.
• Source(s): Apple Inc.
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