Posts Tagged ‘the-original’

Google, Apple Forge Auto Ties

December 30, 2013  |  All Things Digital  |  No Comments

Technology giants Google and Apple are about to expand their battle for digital supremacy to a new front: The automobile. Next week at the Consumer Electronics Show in Las Vegas, Google and German auto maker Audi plan to announce that they are working together to develop in-car entertainment and information systems that are based on Google’s Android software, people familiar with the matter said. Read the rest of this post on the original site »

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LightSquared Files Bankruptcy-Exit Plan Backed by Fortress, Melody

December 26, 2013  |  All Things Digital  |  No Comments

Wireless venture LightSquared Inc. is seeking to exit bankruptcy protection with backing from private-equity firm Fortress Investment Group LLC and Melody Capital Advisors LLC. LightSquared, which has been at the center of a fight for control between hedge fund manager Phil Falcone and Dish Network Corp.’s Charlie Ergen, filed a new plan to exit Chapter 11 proceedings on Tuesday night, with more than $4 billion of debt-and equity backing from Fortress, Melody and existing investors J.P. Morgan Chase & Co. and Mr. Falcone’s Harbinger Capital Partners. Read the rest of this post on the original site »

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BlackBerry Co-Founder Cuts Stake to Under Five Percent

December 25, 2013  |  All Things Digital  |  No Comments

TORONTO — BlackBerry Ltd. co-founder Michael Lazaridis disclosed in a regulatory filing Tuesday he cut his combined stake with another company co-founder in the smartphone maker to just under five percent, and indicated he doesn’t plan to pursue a joint bid to acquire the company outright. Read the rest of this post on the original site

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Scores of Music Services Stream Into Crowded Field

December 24, 2013  |  All Things Digital  |  No Comments

The number of music-streaming services is set to explode next year, as record labels have warmed up to the idea of renting consumers access to a vast collection of tunes, rather than selling them individual albums or songs. Dozens of companies — from household brands to music-focused startups — plan to begin offering new services in 2014, according to companies that they have hired to help launch and operate them. Read the rest of this post on the original site »

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Robots’ New Challenge: Pentagon Boot Camp

December 22, 2013  |  All Things Digital  |  No Comments

They have been portrayed by Hollywood as deadly Terminators. They have been vilified as future automaton armies, hunting humans without conscience. But these imposing robots, their makers say, are just here to help. If all goes as planned, machines named THOR, Valkyrie and Atlas will rush in where humans fear to tread, rescuing earthquake victims and turning off potentially catastrophic radiation leaks. To help developers come up with the rescue robots of the future, the Defense Department has embarked on a multimillion-dollar campaign. Competitors squared off Friday on a Nascar racetrack in Florida, where they engaged in a kind of slow-motion robot contest for survival—and for more Pentagon money. Read the rest of this post on the original site »

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Mark Zuckerberg Donates $1 Billion to Silicon Valley Community Foundation

December 20, 2013  |  All Things Digital  |  No Comments

The recipient of Mark Zuckerberg’s latest $1 billion philanthropic contribution is a Silicon Valley institution that primarily feeds other nonprofits working in education, health care and the environment. But neither the head of the Silicon Valley Community Foundation nor Mr. Zuckerberg would say much about how the new grant will be used. Read the rest of this post on the original site »

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Centerbridge Won’t Proceed With Deal to Buy LightSquared

December 17, 2013  |  All Things Digital  |  No Comments

LightSquared Inc. said Tuesday that Centerbridge Partners LP has backed out of a tentative deal to buy the company out of bankruptcy, although the wireless venture is pursuing a transaction under similar “architecture” with existing stakeholders. Centerbridge left the deal “for economic and noneconomic reasons,” a LightSquared lawyer said at a hearing Tuesday in Manhattan bankruptcy court. Centerbridge didn’t immediately respond to a request for comment. Read the rest of this post on the original site »

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Sprint Preparing a Bid for T-Mobile US

December 13, 2013  |  All Things Digital  |  No Comments

Sprint is working toward a possible bid for rival T-Mobile US people familiar with the matter said, setting the stage for a giant telecom merger that if permitted by regulators would leave the U.S. wireless market dominated by three big companies. Sprint is studying regulatory concerns and could launch a bid in the first half of next year, the people said. A deal could be worth more than $20 billion, depending on the size of any stake in T-Mobile that Sprint tries to buy. Read the rest of this post on the original site »

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Aereo Welcomes Supreme Court Intervention in Fight With TV Broadcasters

December 13, 2013  |  All Things Digital  |  No Comments

Online television startup Aereo Inc. said it would welcome the Supreme Court’s intervention to resolve a legal fight with broadcasters, who argue its service violates their copyrights. Several major broadcasters asked the Supreme Court in October to take up the matter. The broadcasters, including Walt Disney Co.’s ABC, Comcast Corp.’s NBC, CBS Corp. and 21st Century Fox are appealing a lower-court ruling in favor of Aereo, whose backers include Barry Diller’s IAC/InterActiveCorp. Read the rest of this post on the original site »

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Spy Game: NSA Said to Snoop on World of Warcraft

December 9, 2013  |  All Things Digital  |  No Comments

With all the revelations from Edward Snowden’s cache of documents, one might be left wondering, “What’s left that the NSA hasn’t been monitoring?” That list is getting shorter, as the New York Times, ProPublica and The Guardian published Monday a piece about how the NSA has been spying on World of Warcraft, the popular multiplayer online game made by Activision Blizzard, among other Internet games. Read the rest of this post on the original site »

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