Thursday, November 20, 2014

TechEye

TechEye

Link to Channel EYE

Creditors fume at Apple and GT deal

Posted: 20 Nov 2014 01:21 AM PST

Bank-imageCreditors of GT Advanced Technologies are fuming that the outfit got too little in its proposed settlement with Apple over legal claims stemming from a deal to supply sapphire screens.

GT Advanced shocked investors by filing for bankruptcy in October in a case that was initially shrouded in secrecy due to confidentiality agreements with Apple. more»

Hon Hai ties up with Innolux

Posted: 20 Nov 2014 01:20 AM PST

Hon-HaiHon Hai Precision Industry has tied up with flat panel maker Innolux and is investing $2.8 billion in a panel producing plant in Taiwan.

Hon Hai is desperately trying to find new revenue streams which do not depend on the fruity themed cargo cult, Apple.   more»

China firewalls the cloud

Posted: 20 Nov 2014 01:18 AM PST

great wallChina has expanded its Great Firewall of China to include a major hosting and cloud services company.

According to internet freedom watchdog GreatFire.org, the EdgeCast content delivery network (CDN), which "provides cloud services to thousands of websites and apps in China", has been partially blocked. more»

Intel’s Knight’s Hill cut down to 10nm

Posted: 20 Nov 2014 01:16 AM PST

intel_log_reversedIntel is telling the world+dog that it talks to that its third-generation Xeon Phi, codenamed Knight’s Hill, will use 10nm technology and its second iteration of Omni-Path fabric. TechEye and ChannelEye are not in Intel’s good books again, so we have to sneak under the radar. more»

Android Trojan could be bane of corporations

Posted: 20 Nov 2014 01:11 AM PST

hitchhikers_guide_marvinOne of the longest running multipurpose mobile botnets has been updated to become stealthier and more resilient and it could be a major headache for businesses.

Dubbed NotCompatible, the botnet is mainly used for instant message spam and rogue ticket purchases, but it could be used to launch targeted attacks against corporate networks because the malware allows attackers to use the infected devices as proxies. more»

Amazon squeezes Royal Mail profits

Posted: 19 Nov 2014 06:32 AM PST

Royal Mail CEO Moya GreenRoyal Mail declared profits of £279 million today, a fall of 21 percent compared to the six months to the end of September in 2013.

And the recently privatised firm, which said when it went public that it would concentrate on parcel deliveries, warned that Amazon schemes to deliver its own parcels would likely threaten its future. more»

SAP to stop buying companies

Posted: 19 Nov 2014 06:23 AM PST

sapbeerAfter a spending spree that saw it spending over $7 billion software company Concur, German CRM giant appears to have decided enough is enough.

CEO Bill McDermott told a conference in Barcelona today that SAP is going to "step down" its acquisition efforts. more»

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