Facebook continued growing its business with ads placed on small screens last quarter, when it generated 73 percent of its sales from mobile ads.Facebook’s total first-quarter revenue was US$3.54 billion, up more than 40 percent from a year earlier, the company reported Wednesday. That was a bit less than the consensus analyst estimate of $3.56 billion, as polled by Thomson Reuters.With a trove of personal data on its billion-plus members—many of whom now log in from their smartphones—Facebook’s mobile ad business has become a powerhouse.During the quarter, which ended March 31, Facebook grew its mobile ad sales by 59 percent to $2.59 billion. After going public in mid-2012, Facebook faced questions from investors over its ability to grow its business on mobile, but the company eventually dispelled those doubts.To read this article in full or to leave a comment, please click here
As questions persist about the longevity of Moore’s Law, an analyst has predicted some specific ways that Intel will keep it going for at least the next few years.Intel can continue to pack smaller transistors on its chips by using exotic materials and a new transistor design described by David Kanter, an analyst at Linley Group, in an article he published this week.Intel currently manufactures chips using a 14-nanometer process, and is preparing its move to 10-nm later this year or early next. The number refers approximately to the smallest circuit dimensions etched on each chip, and smaller circuits mean faster chips and less power use.To read this article in full or to leave a comment, please click here
A Colorado man says he has no regrets after unloading eight rounds into his dysfunctional Dell desktop, though he faces a fine for doing so.“I just had it,” Lucas Hinch, 38, told The Smoking Gun (via Ars Technica). Apparently the PC had thrown up one too many blue screens of death in recent months, so Hinch took it into an alley, loaded up a 9mm Hi-Point pistol that he’d purchased on Craiglist, and let the bullets fly.“It was glorious,” Hinch told the Los Angeles Times. “Angels sung on high.”To read this article in full or to leave a comment, please click here
Some enterprises that are happy to put their data in a public cloud prefer to keep the keys to that data under their own control. That’s the message online file sync and sharing services are sending lately.On Wednesday, EMC’s Syncplicity division announced Customer Managed Keys, a feature that lets enterprises store the encryption keys for their Syncplicity shared data on a rights management server on their own premises. It’s a new option in addition to having the keys stored in Syncplicity’s cloud.The announcement came just a couple of months after rival Box released its own private key-management feature into beta testing. That system, called EKM (Enterprise Key Management), may become generally available on Wednesday at the Box Dev conference in San Francisco. EKM likewise was added as an alternative to keeping keys in the vendor’s cloud.To read this article in full or to leave a comment, please click here
Former customers of MtGox, once the world’s largest trading place for bitcoin, can finally file claims for lost assets.The filings are starting over a year after the exchange collapsed with bitcoin worth hundreds of millions of dollars missing. Claims will be accepted until May 29, bankruptcy trustee Nobuaki Kobayashi announced Wednesday at a MtGox creditors’ meeting.The claims will be submitted online at claims.mtgox.com and users have the option of sending them via Kraken, the bitcoin exchange operated by Payward, which has been helping Kobayashi in investigating the lost coins and setting up the claims system.To read this article in full or to leave a comment, please click here
Hewlett-Packard has closed the door on its partnership with Beats Audio, now owned by Apple, by introducing its first hybrid PCs to feature Bang and Olufsen audio technology.The Envy X360 and Pavilion X360 are intended to be primarily laptops, but can be used as tablets with screens that rotate 360 degrees. The hybrids can also deliver booming sound.HP has relied on Beats for years for its PCs and tablets, but that was before Apple acquired it. HP’s new X360 hybrids are the first of many PCs, tablets and accessories that will carry audio from B&O, said Mike Nash, a vice president with HP’s Personal Systems Group.The hybrids don’t have striking designs or the thinness of Lenovo’s Yoga PC, but they are less expensive and come with the latest Intel Pentium Core M and Core i processors. Another selling point is their ability to fit up to 1TB of hard-drive storage, which is a rarity in hybrids.To read this article in full or to leave a comment, please click here
Hewlett-Packard is partnering with computer security company FireEye to give it a technological edge in detecting and investigating cyberattacks.FireEye’s threat detection and incident response capabilities will be incorporated into HP’s Enterprise Services. The companies are planning to offer an “industry standard reference architecture” centered around advanced threat protection and incident response, according to a news release Tuesday from the RSA security conference in San Francisco.To read this article in full or to leave a comment, please click here
Google, Apple and Amazon.com spent record amounts in the first quarter attempting to influence U.S. politicians and policy.Google, which was already the biggest tech lobbyist in Washington, D.C., spent $5.47 million in the first three months of the year, according to a report filed with the Senate Office of Public Records.That made it the fifth biggest federal lobbyist across all industries during the quarter, according to an analysis by Maplight.Google has been steadily increasing the amount it spends to influence the course of policy and law on a range of issues. Since mid-2011, it has spent on average at least a million dollars each month in areas both central to its business, such as online advertising and security, and tangential to it, such as international tax reform and drone technology.To read this article in full or to leave a comment, please click here
Mobile is a crucial element in CEO Marissa Mayer’s turnaround plan for Yahoo, but the company is still heavily dependant on PCs for its money.That was evident Tuesday when Yahoo reported its financial results for the last quarter. Revenue from ads displayed on PCs brought in $873 million—more than three-quarters of the total. Mobile revenue climbed 61 percent from last year, but still reached only $234 million.This could be one reason Yahoo continues to struggle. Overall sales at the company rose by 8 percent to $1.23 billion. But excluding payments made to partners, sales were down 4 percent to $1.04 billion, missing the analyst estimate of $1.06 billion, according to a poll by Thomson Reuters.To read this article in full or to leave a comment, please click here
Although the video has been up for awhile, if you haven’t had the chance to watch Amazon Web Service’s VP & Distinguished Engineer James Hamilton spell out AWS facts at the re:Invent conference last November, do yourself a favor and pull up a chair. Fascinating stuff that gives you some insight into the rapidly evolving world of cloud computing.The video is embedded below (or you can watch it on YouTube here, but here are some facts to whet your appetite:
AWS has more than 1 million users
AWS Simple Storage Service (S3) usage is growing 132% year over year
AWS Elastic Compute Cloud (EC2) is growing 99% year over year
Every day AWS adds as much new server capacity as Amazon used to support its $7 billion business back in 2004
Networking only represents 8% of monthly AWS operating costs, Hamilton says, but the “cost of networking is escalating relative to the cost of all the other equipment.” That is very “anti-Moore,” he says.To read this article in full or to leave a comment, please click here
Ever since its acquisition of Q1 Labs back in 2011, IBM has been selling its QRadar security event management software in the traditional way, whereby customers pay a price and download the version they want.On Tuesday, however, the company launched two new services that make the technology available through a cloud-based Software as a Service (SaaS) model instead.IBM Security Intelligence on Cloud, for instance, is designed to help organizations determine whether security-related events are simple anomalies or potential threats. Built as a cloud service using IBM QRadar, the tool lets enterprises correlate security-event data with threat information from more than 500 supported data sources for devices, systems and applications. More than 1,500 predefined reports are also available for a variety of use cases.To read this article in full or to leave a comment, please click here
Defense contractor Raytheon is purchasing Websense, which it plans to combine with its own security unit to create a new, separately operated business to battle criminal networks and state-funded espionage.Today's Internet attacks "are becoming increasingly more sophisticated and are being perpetuated by state sponsored groups, criminal organizations, hacktivists and insiders," said David Wajsgras, president of Raytheon intelligence, information and services business, in a conference call Monday announcing the acquisition. "Our goal is to provide defense-grade solutions that allow our customers defend against [attacks], detect them early, decide how to counter and defeat such attacks in real-time."To read this article in full or to leave a comment, please click here
Alcatel-Lucent Enterprise this week rolled out a new switch and software enhancements designed to simplify network operations through automation and design flexibility.Alcatel-Lucent Enterprise became independent from Alcatel-Lucent last fall. Alcatel-Lucent is being acquired by Nokia for over $16 billion, but Alcatel-Lucent Enterprise is not part of the deal.+MORE ON NETWORK WORLD: Eyes turn to Ericsson, Juniper+To read this article in full or to leave a comment, please click here
The constant push to increase productivity and profit has historically led commercial enterprises to drive some of our world's most significant technology advances. It was the enterprise push for further development of desktop computer processing that changed the personal computer from a hobbyist activity to a mission-critical tool. Commercial organizations deployed fiber for dedicated computer networks while the rest of us were just getting used to DSL. And the cellphone? It began its life as tool to keep business sales teams and execs more productive.But something happened during the smartphone revolution. What made the smartphone the critical invention of the 21st century was the ease of application use. Applications became "apps," and with them came their own marketplace, or "app store."To read this article in full or to leave a comment, please click here
New mainframe can’t keep IBM sales from slidingIBM reported a 12 percent drop in revenue for the last quarter despite a big boost from its new z13 mainframe. Profit was down 5 percent to $2.4 billion on revenue of $19.6 billion. IBM said Monday that its cloud, analytics and mobile business increased more than 20 percent from a year earlier, but wasn’t enough to offset declines elsewhere.Google’s Mobilegeddon hits TuesdayIt’s here: the day that webmasters have called Mobilegeddon for its potentially cataclysmic effect on those who did not heed the warnings has arrived. On Tuesday, websites that aren’t sufficiently mobile-friendly will find themselves tumbling far down in Google’s search rankings.To read this article in full or to leave a comment, please click here
Frequent failureImage by ENIAC used over 17,000 vacuum tubes. TexasDex/Wikipedia.The early computers of the vacuum-tube age were marvels of engineering for their time. Today, we can simultaneously appreciate the advances these computers represented, making previously unthinkable computational work possible, and chuckle at what to us seems like their ludicrous size and painfully slow processing speeds.To read this article in full or to leave a comment, please click here
A plan by Qualcomm to get Samsung Electronics to make its Snapdragon 820 chip could lead to faster smartphones, offering longer battery life by early next year.The chip company will get its top-line device manufactured in factories belonging to Samsung, according to a news report by Re/code. The South Korean company will make the Snapdragon 820 chip using the 14-nanometer process, which will also be used to make Apple’s next A9 chip.The Snapdragon 820 chip was announced last month at Mobile World Congress and is expected to start shipping later this year. Qualcomm hasn’t shared information about where it will be manufactured, but Samsung’s 14-nm process will provide big performance and power advantages over current Snapdragon chips.To read this article in full or to leave a comment, please click here
Every company says it wants to provide a top-notch customer experience; how many actually do is another matter.To wit: Although improving the customer experience is a strategic priority at a full 73 percent of businesses surveyed for a new Forrester Research report released Monday, only 1 percent of companies currently deliver an excellent experience, the study found.That’s a problem, Forrester says, because customer experience (sometimes called CX) has become a more strategic imperative than ever.“Growth is now the top priority for business leaders, and to achieve that you have to improve customer experience,” said Kyle McNabb, a vice president of research strategy with Forrester. “Traditionally we’ve all worked toward metrics like ROI, but now the metric is impact on experience.”To read this article in full or to leave a comment, please click here