China’s appliance maker Haier Electronics Group Co Ltd has teamed up with e-commerce giant Alibaba Group to boost the former’s logistics, propelling the electronic group’s stocks to a 14-year high.
The said joint venture will include several parts, and the total value will amount to USD 361.09 million. Haier announced it through a stock exchange filing.
Haier’s move increased its shares by 20% to HK$22.35, the company’s highest since February 2000. The stocks also soared 95% on the year to date.
The battle for margins
The appliance maker is expanding its logistics and e-commerce to have an edge in the companies’ fight for margins in the home appliance market. The company’s largest shareholder is Qingdao Haier Co Ltd which owns 47.9% of the total stakes.
Alibaba is set to hold a 9.9% stake in the venture with Haier Electronics, which produces water heaters and washing machines.
The deal will leverage Haier’s distribution capability in many cities. Alibaba’s Tmall.com, an e-commerce platform, will also aid in distribution.
The creator of a popular android app that promises to turn your smartphone into a flashlight has agreed to settle with the Federal Trade Commission’s charges that the company secretly provided cellphone locations to marketers even when customers rejected the terms of service. The entry of Goldenshores Technologies LLC which created the “Brightest Flashlight Free” app comes at a time when the commission is closely scrutinizing app developers and websites that track consumer data without their consent.
No Fines Meted Out
The company will make changes under the settlement and no fines were imposed. This case came into being due to tech savvy customers who wondered why a flashlight app would be interested in a phone’s geolocation. The FTC said that complaints on their website helped in the investigation. According to Jessica Rich, director of FTC consumer protection, “When consumers are given a real, informed choice, they can decide for themselves whether the benefit of a service is worth the information they must share to use it,”
If most teens do not believe their parents, then maybe some practical advice from the Pentagon’s top general may convince them otherwise. Martin Dempsey, Chairman of the Joint Chiefs of Staff mentioned that he is quite worried about the next generation of potential recruits because they may be ignorant of the damage that can come from showing illegal or questionable online behavior.
Do Not Fully Comprehend the Impact
Dempsey said, “I worry a bit about … the young men and women who are now in their teens, early teens, and who probably underestimate the impact of their persona in social media and what impact that could have later in life on things like security clearances and promotions.”
Based on a recent poll a lot of young people say digital “abuse” like taunting another person or threatening them is still prevalent. The same poll also suggests that a lot of teens and young adults are less comfortable with the notion of circulating offensive posts and see digital abuse as a growing issue that needs to be addressed.
The cool online place where a lot of kids hang out these days is Tumblr. This is the reason why Yahoo spent $1.1 billion dollars to purchase the blogging site in one of 2013’s most talked about deals. Currently, Tumblr is flexing its muscles as it flaunts hipster deals with a first ever breakdown of 2013’s most talked about topic, trends and celebs.
Tumblr’s Year End Review
The retrospective that began Tuesday features an amalgamation of twenty categories that range from pop groups to interesting architecture. It features a collection of images. The review will last through December with updated daily posts in forty categories with more coming by New Year ’s Eve. The reason why Tumblr is considered to be hip among the many other year end reports out there is because it draws in a much younger audience that differs from the more mainstream crowds that tend to go collect on other search engines.
For customers of Pay TV who are quite accustomed to having to watch fewer ads for their on-demand shows may need to put up with more commercial breaks. Comcast is the biggest cable provider in the United States and they have a plan in development to test a system alongside its NBC Universal subsidiary to provide full commercial loads on older episodes of shows while also disabling the ad fast forward feature it the customer views them within 3 days after the airing of a new episode.
As of the present, if customers binge watch on their favorite shows in order to catch up, they only see the full ad load on the latest episode. Older episodes have few or none at all. The company says that placing ad loads on earlier episodes can provide them with more profits for networks and may stimulate them to make more shows available for its on-demand customers.
Facial recognition is a computer based system that can identify a person based on a video source or digital image.
Sets to Change the Ideas on Privacy
Facial recognition is soon to become a tool in fighting crimes. By next year, the FBI will roll the said computer based system out across the USA, as soon as pilot testing is finished in all States.
Facial recognition is a main part of the FBI’s $1 billion Next Generation Identification System (NGI). NGI is a state of the art biometric identification system. This system includes DNA analysis, voice identification, and iris scan.
Aims to Reduce Criminal Activities
The FBI’s mission is to reduce criminal and terrorist activities. This is the reason for improving and expanding biometric identification. The agency is also set to improve the criminal history information service to track criminal records easily.
A number of exciting developments in FBI could even push its toughest critic. This is because people will only accept technology if the benefits overshadow privacy concerns.
After more than 15 years of service, Winamp, once one of the most popular media players, will be officially discontinued on December 20, 2013, according to an announcement from AOL.
No Longer Available for Download
AOL made the announcement through a brief statement on the official Winamp.com website, saying that the webpage and the media player will be removed on December 20.
“Winamp.com and associated web services will no longer be available past December 20, 2013. Additionally, Winamp Media players will no longer be available for download. Please download the latest version before that date. See release notes for latest improvements to this last release. Thanks for supporting the Winamp community for over 15 years.”
Bad Management, User Decline
Although nobody can still tell for sure what the reason behind this surprising decision actually is, experts see the bad management that took over app development after the AOL acquisition.
Winamp, developed by Justin Frankel and Dmitry Boldyrev for Nullsoft, was purchased by AOL in June 1999 for at least $80m million in stock. The software reached a record of 25 million registered users by June 2000, but started a dramatic decline after more users switched to other, more popular media players.
HTC has confirmed that it would bring the new software update to HTC One owners by the end of January 2014.
The HTC One is the next UK phone in line to get the upgrade to Android 4.4 KitKat, due in January.
The tech company had already promised its customers that it would be bringing Google’s Android KitKat to the One range, but it’s unclear when the update would be launched.
HTC made the announcement on social media site Twitter, bringing the news that UK will have to wait until next year for the much-anticipated upgrade.
“We’re working with our local carriers to begin the rollout of Android 4.4 and Sense 5.5 for the #HTCOne from end of January 2014,” the tweet read.
Currently, there’s no announcement whether unlocked smartphones will be getting the update sooner than everyone else.
Nokia investors have agreed to sell their mobile phone unit to tech giant Microsoft for $7.2 billion, releasing the company from the unprofitable business and letting it focus on networks.
Biggest strategic change
Shareholders meeting in Helsinki approved the disposal of the business, with more than 99% votes in favor of the sale.
Nokia continues the sale despite objections from some shareholders who opposed it.
The deal is considered the biggest strategic change for Nokia, after failing to regain relevance in smartphones.
One the world’s largest mobile phone maker, Nokia now ranks fifth in the market.
After the five-hour conference, Chairman Risto Siilasmaa said he believed the deal would “raise deep feelings” among Finns, who consider the phone company as a national success.
One investor, however, said he was happy with the result.
When the deal was confirmed, Nokia announced it would also make changes to its leadership.
Former chief executive Stephen Elop was to step down and resign from Nokia’s board under the terms of the agreement.
The anticipated gaming controller for the iPhone and iPod Touch has just arrived.
The Logitech PowerShell is an insanely simple gamepad that’s supposed to turn touch gaming into something similar to console gaming without going overboard.
A Complete iOS 7 Support
The PowerShell Controller supports the iOS 7 game controller framework, making it compatible with top notch iOS games like Bastion, Fast & Furious 6: The Game, MetalStorm Aces, Galaxy on Fire HD, and Nitro. Users can expect to see more supported games very soon.
A Total Convenience
Users don’t need to remove the batteries from their respective cases to be charged. Also, phone features such as making calls, volume adjustments, and other phone functions will still work well while housed in the controller. Users also don’t need to install special software before they start playing.
The Logitech PowerShell + Battery will cost $99 and will ship December 2013.