Technology

Intel, AMD to work on new laptop chip to compete with Nvidia‘s

(FinancialPress) — Intel (INTC) and Advanced Micro Devices (AMD) are putting their intense rivalry on hold. The tech giants will work together and use an Intel processor and AMD graphics unit ‘to produce a laptop computer chip. The partnership – the first between the companies since 1980 – will be aimed towards gaming laptops: with a sleek and portable design and capable of intense graphic and processing capacity for gamers. It will come out with Intel Core‘s eight-gen line. The main target of the duo‘s product, serious gamers, makes it so that the chipset will not clash with AMD‘s Ryzen chips, since the latter – while designed for ultrathin laptops too, will be able to run games but are not specifically designed for the purpose. The Ryzen chips will come out at the...

Amazon‘s successful results hinging on cloud business

(FinancialPress) — Amazon‘s (AMZN) cloud business has become its pot of gold at the end of the rainbow. Amazon Web Services— the company unit dedicated to cloud computing — has raked in a large fraction of the company‘s overall earnings for most of the last two years. But even beyond that, in three of the last five quarters Amazon has posted, it has managed to blanket the loss that its sister units have incurred in, thus turning a likely period of loss into one of profit. The recently-released 2017 third quarter report comes as reference. AWS posted a $1.2 billion operating profit, which was enough to clean the slate of the $936 million operating loss that Amazon’s international e-commerce business recorded. AWS the current leader in the cloud computing market, with $4.6 billion in r...

“Lovely Opponents“: Samsung to earn $4 billion more from iPhone X parts than from Galaxy S8 parts.

(FinancialPress) — A new chapter in Samsung‘s (SSNLF) lucrative partnership with Apple (AAPL) sees the Korean tech giant slated to earn more from manufacturing parts for their competitor than they will for the parts they make for their own flagship. Samsung is forecasted to bill $4 billion more to Apple for iPhone X parts than it will bill its own handset manufacturing division for Galaxy S8 parts, according to research data released on Monday by Counterpoint Technology for The Wall Street Journal. The prediction is based on projected sales in a 20-month period, which is the timespan that analysts have identified as within the one that the majority of sales of new smartphones occur after a new model is released. Counterpoint expects Apple will sell 130 million iPhone X units, earning Samsu...

LEAK: Huawei‘s new flagship Mate 10 flaunts 3 cameras; “real AI“

(FinancialPress)  — October 16th is marked as the date when Huawei unveils its new flagship product: the Mate 10. And ahead of their big date, the company‘s been making some bold statements that seem to be warranted, as per newly leaked info. Notorious leakster Evan Blass has gotten his hands on a new picture of the Mate 10 Pro – part of trio that will be announced with the launch. The picture showcases the 3 camera setup that had previously only been rumored, and also gives a subtle hint at the AI capabilities they have been peacocking about with their new hashtag: #TheRealAIPhone. The phone, which comes with a sleek edge-to-edge display with an 18:9 aspect ratio, is highlighted by its 3-camera build – a dual back-camera setup comprised of a 20mpx/12mpx combo, and a frontal 8mpx “selfie c...

Roku Rocks Wall St. with IPO; closes with 67% rise

(FinancialPress) —Video streaming service pioneer Roku (Nasdaq: ROKU.O) received a warm welcome to the stock market, with shares rising over 67% in their first day of trading. Roku closed the Nasdaq session with a $23.50 price tag, thus reaching a market capitalization of approximately $2.23 billion. The performance reinvigorated the sluggish U.S. IPO market. The offering began at $14, with 15.67 million Class A shares being available for trade. Despite the fact that it‘s raised more capital this far into the year than it did in all of 2016, the IPO market has slowed down significantly towards the last lap of the year. Roku was one of the first companies to provide customers with an option to move away from cable service, with its online streaming content device: the Roku DVP. Since it has...

The end is near: Nvidia to power autonomous AI drones

(FinancialPress)  — While everyone still has their eyes on Augmented Reality (AR), Nvidia (Nasdaq: NVDA) is turning more and more heads, and keeps wowing the market with news of their Artificial intelligence (AI) development. Now, it has announced that they will bring the technology to the world of logistics – and the market‘s responding. During its GTC China conference, the chipmaker revealed they will be delving into the local logistics market for AI implementation. While “local logistics“ may sound minimalist, simple and downright boring to some, it becomes more exciting once one grasps that this could mean that your pizza actually has to land on your porch now, since it will be arriving via drone. Early Tuesday trading saw Nvidia stock gain +4.09%, for a value of $174.32. IN-DEPTH – th...

Alibaba‘s Jack Ma, Joe Tsai slated to sell 21.5 million shares

(FinancialPress) — Following a record-setting rise of 100% in its value through 2017, several entities tied to Alibaba Group Holdings (NYSE: BABA) founder Jack Ma and executive vice chairman Joe Tsai have filed to sell up to 21.5 million company shares. The company closed the last session with a 2% rise, yet experienced a 0.5% loss in after hours trading. The move is part of a planned sale program “wealth planning and to meet philanthropic commitments“, according to the 10b5-1 filing to the Securities and Exchange Commission filing, posted on Alibaba‘s website on Sept. 13th. You can find an excerpt below: “JC Properties Limited and JSP Investment Limited, entities affiliated with Jack Ma, founder and executive chairman of Alibaba Group Holding and The Jack Ma Philanthropic Foun...

Facebook set to finally monetize WhatsApp

Facebook Inc‘s (NASDAQ:FB) monetary endgame with the acquisition of popular messaging platform WhatsApp is finally coming to light, as per a report released this Tuesday by the Wall Street Journal. Even with its limited income stream, the popular texting service was acquired for a mammoth $22 billion in 2014 – only 5 years after its launch. The financial vision behind the purchase of the app that formed its loyal fanbase largely around being free to use is coming to the forefront. It has been revealed Facebook is developing features that will allow companies to chat with their customers in a more business-oriented capacity, highlighting the inclusion of a green badge next to verified business contacts in the user‘s contact list. Matt Idema – WhatsApp COO, stated to WSJ: “We do intend on ch...

Uber taps Expedia’s Dara Khosrowshahi as CEO

Uber has chosen a new chief executive: Expedia CEO Dara Khosrowshahi, according to two sources close to the company. The embattled ride-hailing startup has been without a CEO since founder and former CEO Travis Kalanick resigned in June after an investigation into the company’s culture. He remains on Uber’s board. Khosrowshahi was not among those reported to have been in the running. The short list included Jeff Immelt, the former CEO of General Electric (GE), and Meg Whitman, the head of Hewlett Packard Enterprise (HPE, Tech30). Whitman said in June that she wouldn’t move to Uber. And Immelt pulled out of the race Sunday because of problems with Uber’s board, according to a source familiar with the matter. Khosrowshahi took the helm of Expedia (EXPE) when it spun o...

LOL is so over: Facebook study reveals ‘haha’ is how we laugh online

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Twitter says government requests for your data jumped 52%

Dynamically brand synergistic schemas via cross functional networks. Quickly visualize web-enabled strategic theme areas for cross functional e-business. Enthusiastically productize client-centered web-readiness without cost effective outsourcing. Uniquely target integrated content whereas backend deliverables. Appropriately simplify viral bandwidth via premier users. Continually formulate virtual meta-services rather than extensive outsourcing. Distinctively optimize low-risk high-yield experiences with front-end processes. Appropriately expedite transparent methodologies rather than vertical applications. Collaboratively seize out-of-the-box. Compellingly aggregate real-time convergence rather than technically sound leadership skills. Rapidiously mesh backend networks and focused e-taile...