Businesses

Apple Has First Earnings Decline In More Than A Decade (go.com) 284

An anonymous reader writes: Apple has announced its first-ever decline in revenue in the past 13 years as its iPhone sales have slowed down. Apple posted quarterly revenue of $50.6 billion and quarterly net income of $10.5 billion. Last year, the company posted revenue of $58 billion and net income of $13.6 billion. The reason Apple has been so successful is because of the iPhone, which was first released in 2007. What goes up must come down -- and we're starting to see that now. The success of the iPhone is starting plateau and ultimately decrease now that consumers are finding less of a reason to upgrade to the latest and greatest smartphone. Apple CEO Tim Cook pointed to weakening currencies worldwide as one of the obstacles the company would face as iPhone sales were up less than 1 percent year-over-year last quarter. Gene Munster, managing director and senior research analyst at Piper Jaffray, told ABC News, "This has been anticipated for three months now. The reason is nothing [that] is wrong with the iPhone." Munster said this is not worrisome to Apple and that iPhone sales will likely increase by the end of the year when the next iPhone(s) is released.
Government

City Installs Traffic Lights In Sidewalks For Smartphone Users (washingtonpost.com) 195

tlhIngan writes: It's finally happened -- the smartphone zombies are here. The German city of Augsburg installed traffic lights in the sidewalks so smartphone users don't have to look up. Apparently people are so addicted to their smartphones they can't be bothered to look up at traffic signals, so embedding them in the ground they don't have to. According to the Washington Post report, the city spokeswoman Stephanie Lermen thinks the money used to install the lights is well spent. A recent survey conducted in several European cities including Berlin, found that almost 20 percent of pedestrians were distracted by their smartphones. Of course, younger people are at higher risk as they're willing to risk their safety to look at their Facebook profiles or WhatsApp messages, the survey found. The problem may be even worse in the U.S: A survey by the University of Washington found that 1 in 3 Americans is busy texting or working on a smartphone at dangerous road crossings. City officials say installing the traffic lights is justified: The idea is to install such traffic lights came after a 15-year-old girl was killed by a tram. According to police reports, she was distracted by her smartphone as she crossed the tracks.
The Almighty Buck

Goldman Sachs Launches GS Bank, An Internet Bank With A $1 Minimum Deposit (techcrunch.com) 190

An anonymous reader recaps a report from TechCrunch: Traditionally, Goldman Sachs has functioned like a run-of-the-mill investment bank with minimums to open an account in the range of $10 million, and returns not guaranteed. Goldman is opening its doors to the masses today with the launch of GS Bank, an FDIC-insured, internet-based savings bank. Anyone with an internet connection and a dollar can join, as that is what each account's minimum balance must be. GS Bank's interest rates give customers an annual yield of 1.05 percent, a rate that trumps the average U.S. saving's bank yield of .06 percent APY. GS Bank was a result of Goldman's acquisition of GE Capital Bank, the online retail bank previously run by General Electric's capital arm. The move is to diversify revenue streams and strengthen liquidity. GS Bank currently has total deposits of around $114 billion. In other news from the multinational banking firm, Goldman Sachs believes virtual-reality and augmented-reality "will be the next generation computing platform" worth $80 billion by 2025.
Media

Valve Inks Deal With Lionsgate Adding Over 100 Movie Titles To Steam Platform (hothardware.com) 117

MojoKid quotes a report from HotHardware: Valve took a major step in growing its Steam digital distribution platform today by adding movie rentals to the mix. The addition of movies to Steam's catalog is a first, and it was made possible through a deal with Lionsgate Entertainment that immediately fleshes out the service with more than 100 flicks. Steam is currently the biggest digital distribution platform for games, and while it has a long way to go before it can claim the same for movies, there's little doubt Valve wants to take it there. In a press release announcing the deal, Valve said Lionsgate was "one of the first major studios to license films" for streaming on Steam, which hints that it's attempting to lure other studios as well. You can view the entire catalog here.
Security

Symantec: Cruz and Kasich Campaign Apps May Expose Sensitive Data (go.com) 32

An anonymous reader writes: Apps released by the campaigns of Republican presidential contenders Ted Cruz and John Kasich have the potential for hackers to access users' personal information. According to an independent analysis by Symantec, the "Cruz Crew" app could allow third parties to capture a phone's unique identifying number and other personal information while the Kasich 2016 app could expose users' location data and information about other apps installed on the phones. First it was Veracode that reported potential vulnerabilities with the apps, now it's Symantec. Apparently the Cruz campaign updated its app to resolve the issues after the Veracode report was released. Kasich spokesman Rob Nichols said the security experts didn't know what they were talking about. Both campaigns have yet to respond to the latest Symantec analysis. Neither security firm found any issues in the app released by the campaign of Democrat Bernie Sanders. Republican Donald Trump and Democrat Hillary Clinton do not have campaign apps.
Businesses

Report: Google Developing New 'Area 120' Corporate Incubator (thenextweb.com) 36

An anonymous reader writes: The Information has released a new report about how Google is developing its own "startup incubator" called "Area 120." According to sources, the incubator will be helmed by Google executives Don Harrison and Bradley Horowitz. The way it will work is teams of Google employees will pitch their ideas for inclusion in Area 120. If a team's idea is approved, they will then be able to work full-time on their idea, and eventually start a new company after the business plan is created. The timing is unclear but the whole process will likely take several months. According to The Next Web, "The '120' in Area 120 is a homage to Google's famed '20 percent time,' which asks that employees spend one-fifth of their working hours on projects that excite them." Both Gmail and AdSense were a result of Google's 20 percent time workplace philosophy. The report claims Area 120 will be tied exclusively to Google, not its parent company, Alphabet. It also says it will remain separate from Google's Mountain View campus.
Microsoft

Windows Phone Free-Fall May Force Microsoft To Push Harder On Windows 10 (pcworld.com) 250

tripleevenfall quotes a report from PCWorld: Microsoft sold a minuscule 2.3 million Lumia phones last quarter, down from 8.6 million a year ago. Phone revenue declines will only "steepen" during the current quarter, chief financial officer Amy Hood warned during a conference call. That's dragged down Microsoft's results as a company, too. As the company's mobile device strategy continues to disintegrate, Microsoft may feel compelled to push harder on Windows 10 adoption and paid services to prove it can survive without a viable smartphone. CEO Satya Nadella's strategy is simple enough: grow Microsoft's revenues by convincing customers to adopt its paid subscription services.
Facebook

Facebook Might Finally Kill Clickbait With New Algorithm Tweaks (thenextweb.com) 50

An anonymous reader quotes a report from The Next Web: Facebook is bringing two additional tweaks to its News Feed algorithm: time spent viewing and page post diversity. The former is an effort to weed out clickbait and bad content by attempting to quantify quality links. The change appears to be a mobile-first solution, as the announcement only states that Facebook will measure the time spent looking at Instant Articles or those within the mobile browser. Facebook also reports that users enjoy reading articles from a wide range of publishers, a revelation that led them to tweak the algorithm for greater diversity of page posts. In short, the idea is to reduce how often people see content back-to-back, or in short order, from the same page. For most pages, the content is spread out enough to where this shouldn't be much of a problem, but for those that post several updates in a few minutes, it could lead to some of the content not being seen.
Microsoft

Microsoft Announces Windows 10 Build 14328 With Windows Ink, New UI (theverge.com) 141

An anonymous reader writes: Windows Ink is one of the many new features rolling out to beta testers as part of Windows 10 Build 14328. The build includes the new Windows Ink Workspace, providing access to new and improved sticky notes, a sketchpad, and a new screen sketch feature. There's also a new digital ruler you can use to create shapes and draw objects freely. The UI of the Start menu and Start Screen have also been tweaked. The most used apps list and all apps UI have been merged into a single view, creating a less cluttered Start menu. Microsoft also moved power, settings, and file explorer shortcuts so they're always visible. You can now bring back the fullscreen all apps list in the Start Screen, and you can toggle between the all apps view and your regular pinned apps. If you want things to feel less like a desktop PC, you can auto-hide the taskbar in tablet mode. Microsoft has detailed all of the new features found in Build 14328 in their blog post.
Security

Turns Out That Snaps Are Not Secure In Ubuntu With X11 (softpedia.com) 133

prisoninmate quotes a report from Softpedia: According to Matthew Garrett, a renowned CoreOS security developer, and Linux kernel contributor, Canonical's new snap package format is not secure at all when it is used under X.Org Server (X Window System), which, for now, it is still the default display server of the Ubuntu 16.04 LTS (Xenial Xerus) operating system. The fact of the matter is that X11's old design is well-known for being insecure, and Matthew Garrett took the time to demonstrate this by writing a simple snap package that can steal data from any other X11 software, in this case anything you type on the Mozilla Firefox web browser. As more developers will provide snaps for their apps, Canonical needs to do something about the security of snaps in Ubuntu when using X11 or switch to the Mir display server. In the meantime, the security of snaps remains unaffected for the Ubuntu Server operating system, which is usually used without a display server. Canonical has officially released Ubuntu 16.04 LTS, which is now available to download for those interested.
Businesses

Hearing Aid Business Under Pressure From Consumer Electronics 209

HughPickens.com writes: There's good news for aging Americans who may have damaged their hearing by attending one too many rock concerts when they were young. Andrew Pollack writes at the NYT that the consumer electronics industry is encroaching on the hearing aid business, offering products that are far less expensive and available without the involvement of audiologists or other professionals. The new devices are forcing a re-examination of the entire system for providing hearing aids, which critics say is too costly and cumbersome, hindering access to devices vital for the growing legions of older Americans. "The audiology profession is obviously scared, for good reason, right now," says Abram Bailey.

Hearing aids cost an average of nearly $2,400 each, or close to $5,000 a pair, according to a White House advisory group, and Medicare does not pay for them, nor do most insurers. By contrast, the consumer devices are not regulated and sell for a few hundred dollars apiece, at most. Hearing aid manufacturers say that diagnosing and treating hearing loss is too complex for consumers to do using consumer devices, without the aid of a professional. But sound amplifiers have been around for years and they are growing in sophistication, taking advantage of signal processing chips developed for phones, Bluetooth headsets and computers. The devices include the Smart Listening System from Soundhawk, which sells at $400 for a single ear; the Bean from Etymotic Research, at $300; the CS50+ from Sound World Solutions at $350; and the Crystal Ear from NeutronicEar, at $545. "To me it was a reasonable investment to experiment with," says Ira Dolich, 81, who bought the Soundhawk device, which he can adjust by himself using his smartphone. "I've been pretty pleased with it," he said.
AMD

A New AMD Licensing Deal Could Create More x86 Rivals For Intel (pcworld.com) 110

angry tapir quotes a report from PCWorld: AMD has announced a plan to license the design of its top-of-the-line server processor to a newly formed Chinese company, creating a brand-new rival for Intel. AMD is licensing its x86 processor and system-on-chip technology to a company called THATIC (Tianjin Haiguang Advanced Technology Investment Co. Ltd.), a joint venture between AMD and a consortium of public and private Chinese companies. AMD is providing all the technology needed for THATIC to make a server chip, including the CPUs, interconnects and controllers. THATIC will be able to make variants of the x86 chips for different types of servers. AMD is much smaller than Intel, and licensing offers it an easy way to expand the installed base of AMD technology. The resource-strapped company will also generate licensing revenue in the process, said Jim McGregor, principal analyst at Tirias Research.
Google

Google Search Will Soon Include Live TV Listings (fortune.com) 36

An anonymous reader writes: Google announced users will soon see live TV listings within their search results. Fortune writes, "Pretty soon, you will be able to Google the name of a television show or movie and see live air times for that content within the search results." The announcement was made at the National Association of Broadcasters conference. "What we're seeing is that more and more, viewers are turning to their phones to find out what to watch, where to watch it and when it's available -- in fact, searches for TV shows and films on mobile have grown more than 55% in the past year alone," Google said in a blog post announcing the new feature. Google Search users will have the option of clicking an "edit provider" link that will allow them to enter their specific cable provider when they search for the name of a TV show or movie. There's no specific date for when the feature will be launching, just that it will be launching "soon."
Government

FBI Paid More Than $1 Million For San Bernardino 'Hack' (cbsnews.com) 99

An anonymous reader writes: FBI Director James Comey has indicated the bureau paid more than $1 million for the method used to hack into the iPhone 5c belonging to one of the San Bernadino shooters. How did he allude to it? He said the FBI paid more money than he would make in the time left as FBI director. He makes just under $200,000 a year based on public files and has over seven years left on his term. "How much did you pay for this software?" Comey was asked. "A lot," he said. "More -- let's see. More than I will make in the remainder of this job, which is seven years and four months, for sure," Comey said. "And so it's a -- but it was in my view, worth it, because it's a tool that helps us with a 5c running iOS 9, which is a bit of a corner case, increasingly as the devices develop and move on to the 6 and 6s and whatnot and iOS's change, but I think it's very, very important that we get into that device." Comey said.
Digital

Choosing to Skip the Upgrade and Care for the Gadget You've Got (nytimes.com) 183

The New York Times has run a piece on its "Tech Fix" section, in which it argues, citing a user's experience, why skipping an upgrade might not be a bad idea, and how you could hold on to your existing device for a little longer. The story revolves around Vincent Lai, who dug up a Palm Treo, a smartphone that was disconnected last decade, and found that with little tweaks, the phone still had some life in it. From the article: Mr. Lai's behavior might be extreme, but his experience with the Palm Treo illustrates there is another way: If you simply put some maintenance into electronics as you would a car, you can stay happy with your gadgets for years. It is part of a movement of anti-consumerism, or the notion of cherishing what you have rather than incessantly buying new stuff. Signs of this philosophy are spreading: Industry data suggests that consumers are waiting longer to upgrade to new phones than they have in the past. [...] When smartphones and tablets were fairly sluggish and limited in abilities compared with computers, there was a compelling reason to buy a new mobile device every few years. But now the mobile gadgets have become so fast and capable that you can easily keep them much longer. "A five-year-old computer is still completely fine now," Mr. Wiens said. "We're starting to hit that same plateau with phones now."The article also shares some tips such as clearing up storage and getting your device's battery replaced -- which costs roughly $20 to $40 -- that can help you get the max out of your phone and tablet. There's one more aspect, which the aforementioned article doesn't talk about. If you have an old iDevice -- iPhone or iPad -- upgrading to the latest available version of the operating system could substantially slow it up. Not upgrading, however, exposes your device to a range of security attacks. It's a tough choice.
Hardware

Lian-Li's Adjustable Motorized Standing Desk Is Also a High-End PC Chassis (hothardware.com) 68

MojoKid quotes a report from HotHardware: It looks as though Lian-Li took the term desktop computer a bit too literally with its new DK-04 system, which is literally a desk that doubles as an enclosure for your PC components. The DK-04 has a clean, industrial design and even has an electrically actuated height adjustment system that than can raise the desktop from a height of 30.7 inches to 46 inches at the touch of a button. The desk itself is made out of aluminum, while the desk surface is made of tempered glass so that you can get work done on top of it and admire your PC components at the same time. Speaking of which, the DK-04 supports up to 10 HDD/SDD bays and both micro-ATX and ATX motherboards. And if you're thinking about throwing in some monster graphics cards into the mix, the DK-04 will support cards up to 320mm in length. Cool air is pulled in via four front-mounted 120mm fans and hot air is exhausted via another four 120mm fans that are mounted at the back of the desk. Liquid cooling is also supported.
EU

Changes Are Coming To the EU's Cookie Directive, But It's Not Going Away (softpedia.com) 120

An anonymous reader writes: The European Commission is listening to suggestions regarding EU laws on privacy and electronic communications (e-Privacy), among which is also the EU Cookie Directive that has made the lives of EU Internet users a living hell. The EU Commission has started an open consultation on this topic and is inviting users and businesses to provide their opinion. From the consultation's text, which is nothing more than a survey, one could argue that the EU isn't intent on removing the directive at all, but only making small adjustments. In its current implementation, most companies ask users if they're OK with storing cookies on their PCs and then collecting their data. One of the questions the Commission asked and is currently looking for an answer is whether companies should be allowed to deny users access to a website if they don't want to accept using cookies. The EU wants Internet companies to build alternative (usable) websites for people that don't want to use cookies at all, and so respect their decision for privacy.
Hardware

Magic Leap Adds Virtual Reality Head-Tracking and Possibly Hand-Tracking (networkworld.com) 35

An anonymous reader quotes a report from Networkworld: Magic Leap has made progress. A year ago, the MR apparatus wasn't really wearable. This may have been due to the sheer size of the prototype hardware, or the software that adjusts the illusion for head movement and changes in perspective may not have been completed. The complexity of the mathematics of this head-tracking applied to the complexity of the mathematics of Magic Leap's proprietary light-field chip may have required more development time. The Wired report of Kelly's experience indicates the prototype headset he tested is now wearable, perhaps untethered from a high-powered graphics-rendering computer used by the Oculus Rift and HTC Vive. Kelly's report raises the question: Could Magic Leap have implemented hand-tracking, too? He writes, "When I raise a hand, it approaches and extends a glowing appendage to touch my fingertip."
Television

Comcast To Allow TV Customers To Ditch Set-Top Box (usatoday.com) 113

An anonymous reader writes: In response to the FCC's efforts to open up the pay-TV set-top box market, Comcast said today it will allow some of its subscribers to watch TV without leasing a set-top box. Customers with a Roku TV, Roku streaming media player, or 2016 Samsung Smart TV will be able to watch Comcast's TV programming through the Xfinity TV app embedded in the TV set or Roku devices later this year. However, customers will still have to subscribe to a standard cable TV package from Comcast's Xfinity brand. "We remain committed to giving our customers more choice in how, when and where they access their subscription," said Mark Hess, a Comcast senior vice president, in a prepared statement. The FCC has responded to Comcast's recent announcement saying in a statement, "While we do not know all of the details of this announcement, it appears to offer only a proprietary, Comcast-controlled user interface and seems to allow only Comcast content on different devices, rather than allowing those devices to integrate or search across Comcast content as well as other content consumers subscribe to."
Open Source

Scientist Shrinks Arduino To Size Of An AA Battery (techcrunch.com) 47

An anonymous reader writes: Johan Kanflo has managed to make the already small Tiny328 Arduino clone into an even smaller computing platform about the size of a single AA battery. Not only will it fit in a typical AA battery holder, but it will actually draw power from the batteries beside it as it's wired in "backwards" (with the + and - poles reversed). The Arduino platform consists of open-source hardware, open-source software, and microcontroller-based kits, making it easy to (re)program the processors, and develop software for hardware applications using a java-clone and an easy-to-learn IDE. For those interested in the AAduino, Johan has made his creation available online on Github with instructions and schematics to build your own.

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