Lenovo chief continues risk-taking with Motorola and IBM deals

January 31, 2014 12:46 pm

Lenovo chief continues risk-taking with Motorola and IBM deals

By Charles Clover in Beijing

Yang Yuanqing sees through two dramatic deals

Yang Yuanqing’s colleagues at Lenovosimply call him YY. The chief executive of the world’s biggest PC maker has a self effacing and cautious manner that, however, combines unevenly with his dramatic and risk-taking approach to business. Read more of this post

Twitter ‘looking to move into ecommerce’

February 1, 2014 1:36 am

Twitter ‘looking to move into ecommerce’

By Hannah Kuchler in San Francisco

Twitter appears to be preparing to enter ecommerce by allowing users to buy goods straight from the messaging platform, a plan leaked on the internet suggests.

The web page details a partnership with Fancy, the New York-based social commerce provider, which counts Jack Dorsey, a Twitter co-founder, as a board member and investor. Read more of this post

At Microsoft, would an insider CEO be the best choice?

At Microsoft, would an insider CEO be the best choice?

By Jena McGregor, Updated: January 31 at 1:22 pm

Microsoft is nearing an end to its search for a new CEO, only the third in its 39-year history, according to several reports Thursday evening.

Bloomberg reported that the board is preparing to make Satya Nadella, the company’s executive vice president of cloud and enterprise computing, the company’s next CEO. The Wall Street Journal also reported Thursday that Nadella has emerged as the leading candidate for the job, though both publications warned that the plans aren’t final. Microsoft’s board is also reportedly considering naming lead director and former Symantec CEO John Thompson as its chairman, replacing company founder Bill Gates. (A representative for Microsoft said the company is not commenting on CEO speculation.) Read more of this post

GoPro’s new focus: becoming a media giant

GoPro’s new focus: becoming a media giant

January 31, 2014 – 2:01PM

Nick Wingfield

image001-17

”GoPro is producing some of the best short-form content out there”: Nick Woodman, chief executive. Photo: Jim Wilson/The New York Times

SAN MATEO, California: Inside the headquarters of GoPro, the video camera maker, there is a racing car, a collection of motorcycles and drones outfitted with the company’s products. All of them are reminders of the niche that GoPro has carved out as the camera of choice for recording skiing, surfing and other experiences too gnarly for dainty smartphones. Read more of this post

Google’s Motorola deal shows tech giant is happy to just be the platform

Google’s Motorola deal shows tech giant is happy to just be the platform

Google announced on 29 January 2014 that it is selling its Motorola Mobility cell phone unit to China’s Lenovo Group for 2.91 billion US dollar – less than two years after it paid 12.5 billion US dollar for the company. Analysts said that the deal did not represent much of a loss for Google, since it will keep the majority of Motorola’s patents. It also pocketed 2.9 billion US dollar of Motorola’s cash when it originally acquired the company.  Read more of this post

Don’t be evil, genius: Google buys a British artificial-intelligence startup

Don’t be evil, genius: Google buys a British artificial-intelligence startup

Feb 1st 2014 | From the print edition

WHEN a search engine guesses what you want before you finish typing it, or helpfully ignores your bad spelling, that is the result of machine learning, a branch of artificial intelligence. Although AI has been through cycles of hype and disappointment before, big technology companies have recently been scrambling to hire experts in the field, in the hope of building machines that can learn even more sophisticated tasks. Read more of this post

Facebook Uses Data to Charm Advertisers; Facebook Refined its Tools that Allow Advertisers to Target Users Based on Spending Habits in Brick and Mortar Stores

Facebook Uses Data to Charm Advertisers

Facebook Refined its Tools that Allow Advertisers to Target Users Based on Spending Habits in Brick and Mortar Stores

REED ALBERGOTTI

Jan. 30, 2014 9:17 p.m. ET

To make the journey from underachiever to advertising juggernaut, Facebook Inc.FB +14.10% had to do some advertising of its own. Read more of this post

Google and Lenovo: Motonovo

Google and Lenovo: Motonovo

Jan 30th 2014, 9:52 by M.G. and V.V.V. | SAN FRANCISCO AND SHANGHAI

MAKING smartphones these days is a bitterly competitive business and even stars such as Apple are finding it harder to keep their sales growing. That is no doubt why Google, which only entered the smartphone market in a big way some 19 months ago when it finalised the $12.5 billion acquisition of Motorola Mobility, is already heading for the exit. On January 29th the web giant announced plans to sell Motorola’s handset business to China’s Lenovo in a $2.9 billion deal. Read more of this post

How Google’s Costly Motorola Maneuver May Pay Off

How Google’s Costly Motorola Maneuver May Pay Off

ROLFE WINKLER

Updated Jan. 30, 2014 9:02 p.m. ET

Motorola will help Lenovo capitalize on its supply-chain and distribution strengths. Here, workers in a Motorola smartphone plant in Texas. Associated Press

Google Inc. GOOG +2.57% suffered some expensive bruises in its two-year foray into making smartphones. But the expense wasn’t as big as it appears, and Google may have achieved some strategic ends. Read more of this post

Beyond the check-in: Foursquare’s future of location-based commerce is closer than you think

Beyond the check-in: Foursquare’s future of location-based commerce is closer than you think

BY MICHAEL CARNEY 
ON JANUARY 30, 2014

The Foursquare of today couldn’t be further from product that debuted to users in March 2009. Gone is the emphasis on checkins, mayorships, and other gamification tactics aimed at getting users to share their location. What’s emerged is a platform geared toward exploration and discovery of the physical world around us. It’s a problem that Dennis Crowley has been trying to solve since 2005 when he founded Dodgeball – which was later acquired and sunsetted by Google – he just needed technology, small businesses, and consumers to catch up with his vision. Read more of this post

Entrepreneur behind K5 surveillance robot faces down critics

Entrepreneur behind K5 surveillance robot faces down critics

Published 27 January 2014 16:08, Updated 29 January 2014 09:29

USA Today

image001-12

 

The K5 robot is presented as a potential police aid. Its built-in laser sweeps 270 degrees to photographically map the area it is monitoring in 3D.

A visitor to Knightscope, a seven-person robotics start-up with a bold and controversial vision for crime fighting, is as likely to be greeted by a robot as he is a human. Read more of this post

Lenovo CEO on Apple, Samsung: ‘Our mission is to surpass them’; In an interview with Fortune, Yuanqing Yang says that his company seeks to replicate its ThinkPad success with Motorola

Lenovo CEO on Apple, Samsung: ‘Our mission is to surpass them’

By Miguel Helft, senior writer January 30, 2014: 4:01 PM ET

In an interview with Fortune, Yuanqing Yang says that his company seeks to replicate its ThinkPad success with Motorola.

image001-7

FORTUNE — Fresh from signing a $2.91 billion deal with Larry Page to acquire Google’s Motorola unit, Lenovo CEO Yuanqing Yang spoke to Motorola employees for 45 minutes at the latter company’s headquarters outside of Chicago on Thursday. Immediately after that meeting, Yang discussed the deal and Lenovo’s plans to compete in the smartphone market with Fortune. Read more of this post

As I Was Saying About Web Journalism … a Bubble, or a Lasting Business? Ezra Klein’s decision to leave The Washington Post for Vox Media reflects the growing influence of new players in online journalism

As I Was Saying About Web Journalism … a Bubble, or a Lasting Business?

JAN. 29, 2014

David Carr

Last week, it occurred to me that the departure of Ezra Klein, the creator of The Washington Post’s influential Wonkblog, to join the young company Vox Media was a bit of a moment — an inflection point in the emergence of a news economy online. When I pitched a column about it, my long-suffering editor said, “Please don’t explain the Internet to people, David.” Read more of this post

Is Google-Samsung becoming the new Microsoft-Intel?

Is Google-Samsung becoming the new Microsoft-Intel?

January 30, 2014 12:54 pmby John Gapper

Are we seeing the emergence of a grand alliance between Google and Samsung for Android mobile devices, similar to the Microsoft-Intel alliance for Windows personal computers? It looks like that from events this week: Read more of this post

Interest in healthcare ‘big data’ grows

January 30, 2014 5:35 pm

Interest in healthcare ‘big data’ grows

By Andrew Ward

When Google announced last year that it was launching a medical venture calledCalico, to do “moonshot thinking around healthcare”, it appeared to mark a departure from the internet group’s core business. Read more of this post

Microsoft To Name Satya Nadella As CEO, May Remove Bill Gates As Chairman

Microsoft To Name Satya Nadella As CEO, May Remove Bill Gates As Chairman [Report]

STEVE KOVACH

JAN. 30, 2014, 5:37 PM 20,826 24

image001-6

Satya Nadella

Microsoft has chosen its next CEO and may remove Bill Gates as chairman, Bloomberg reports.

Bloomberg says Microsoft’s next CEO will be Satya Nadella, an executive vice president at the company. Nadella is in charge of Microsoft’s lucrative cloud and enterprise group. Read more of this post

Facebook Mobilizes Its Ad Army

Facebook Mobilizes Its Ad Army

MIRIAM GOTTFRIED

Jan. 30, 2014 5:17 p.m. ET

image001-2

In the battle for mobile-advertising market share, Facebook‘s FB +14.10% army is advancing on multiple fronts. Read more of this post

Salesforce CEO Benioff on How to Fix San Francisco

Jan 30, 2014

Salesforce CEO Benioff on How to Fix San Francisco

EVELYN M. RUSLI

These days, you could call Marc Benioff a kind of anti-Tom Perkins.

The billionaire head of Salesforce.comCRM +5.19% doesn’t have anything personal against the co-founder of Kleiner Perkins Caufield & Byers. But he adamantly disagrees with Perkins’ recent defense of the tech elite. The tech community, Benioff argues (and has repeatedly said on Twitter), can do a lot more for the San Francisco community. Read more of this post

Building a Movie, One Brick at a Time Lego goes all in for its first Hollywood film (but no kissing)

Building a Movie, One Brick at a Time

Lego goes all in for its first Hollywood film (but no kissing)

DON STEINBERG

Jan. 30, 2014 11:48 a.m. ET

“The Lego Movie” explores what may be the essential question of Lego building as it applies to life: Must you dutifully follow the instructions, or can you combine pieces creatively to make anything you dream up? In the animated children’s comedy, a repressive overlord (voiced by Will Ferrell) is so maniacal about controlling the residents of Bricksburg that he has a weapon designed to glue all the pieces of their world together, putting an end to freestyle play. Only a band of wisecracking rebels (including Chris Pratt, Elizabeth Banks, Will Arnett and Morgan Freeman) can stop him. The film is computer-animated but made to look as if all the scenery is built out of real Lego pieces. Everything moves in a way that simulates the stop-motion films that thousands of Lego customers have created with their pieces and posted online.

“Any frame, if you stopped the movie, would be something you could recreate if you had a lot of money to buy a lot of Lego bricks,” says co-director Christopher Miller.

Maybe just as interesting, if less candy-colored, is the story of how “The Lego Movie” came to be. Lego’s pervasiveness is no secret: The company estimates that the world’s children spend 5 billion hours a year playing with its toys and that, on average, every person on Earth owns 86 Lego bricks (many parents whose homes are littered with Lego pieces will acknowledge the allocation is wildly uneven.) The film, which opens Feb. 7 as the first Lego-related theatrical release, will show whether Lego can emerge from the shadow of Disney, Universal and Warner Bros. as a toy force in Hollywood.

Lego’s collaboration with Hollywood dates back to 1998, when the company, until then known for generic play sets like “Lego Castle,” made a deal with Lucasfilm to create sets based on “Star Wars.” It was a departure for the Danish company and seen as risky at the time. In a world of relentless marketing aimed at children, many parents had come to see Lego as a haven from commercialism. And Lego had never before “seen the need to tell other people’s stories in Lego form,” says Jill Wilfert, the company’s vice president of licensing and entertainment. “Even though there was a huge ‘Star Wars’ movie coming out [“Episode 1: The Phantom Menace”], it was not a decision we took lightly.”

The sets became a top seller, and Lego went back for more. In 2000, the company released the Lego Studios Steven Spielberg Moviemaker set, which included a digital camera, software and parts to recreate a scene from “The Lost World: Jurassic Park.” (Fan-made Lego movies can be seen online on sites such as brickfilms.com.) Soon customers could buy Legos based on Harry Potter, Indiana Jones,”Lord of the Rings” “The Hobbit,” and superheroes from both the DC and Marvel comic universes.

Separately, Hollywood was getting excited about old toys. “Transformers,” based onHasbro HAS +0.83% robots, grossed $710 million world-wide for Paramount and DreamWorks in 2007, and studios clamored over classic toy properties like Battleship and G.I. Joe. Lego seemed a natural—it had already been releasing short movies featuring its characters on home video—and Warner Bros. had an inside track. In addition to controlling many of the Legofied movie franchises, Warner owns TT Games, which was developing Lego videogames (about 85 million games have been sold).

In 2009, Warner producer Dan Lin and writers Dan and Kevin Hageman traveled to Lego headquarters in Billund, Denmark, to pitch a movie set in a Lego-brick universe. Although Lego had financial trouble in 2004 (its near-bankruptcy became a business-school case study), by then it was growing 20% to 25% a year, doing just fine without a movie. (The company last year passed Hasbro in global sales to become the world’s No. 2 toy maker.)

“They really looked at me and said ‘what’s in it for us?’,” Mr. Lin recalls.

Among other things, they talked about making Lego feel cooler to older kids.

“Five to 12 is their sweet spot,” Mr. Lin says. “After that is what Lego calls ‘the dark ages,’ when kids grow out of Lego and it’s not cool. Part of the appeal is that a movie, if done right, can appeal to all audiences.”

Lego is receiving a share of the film’s profits and flexing its own marketing muscle to promote it. “They’re opening a whole new exhibit at LegoLand Carlsbad [in California] to promote the movie,” Mr. Lin says. “It’s in all their stores. They have Lego Club Magazine. They’re promoting it online, on every single level that a studio normally couldn’t hit.” In addition, Lego isn’t putting just one product on the line with this film: “It’s the main brand. It impacts every one of their toy lines. It’s a bigger risk.”

Warner brought in co-directors Phil Lord and Christopher Miller, who had made “Cloudy with a Chance of Meatballs,” to flesh out characters and a plot for the movie, which the studio is calling “family-friendly with an edge.”

“Our fear going into it,” Mr. Miller says, “was they were going to say, ‘We wanna sell this toy and this toy. Kids love race cars, so we need to have a race car in the movie.’ They never did anything like that. They said make the movie you want make. We’ll make toys based on that.”

The company has done that. Already in stores are some of the 17 new building sets that recreate scenes from “The Lego Movie” and 16 new character figurines, known as “minifigs.” There will be a simultaneous Feb. 7 release of The Lego Movie Videogame, McDonald’s Happy Meal collectible cups, and all the other usual tie-in merchandise licensed to outside partners: books, apparel, school supplies.

The movie strives to avoid playing like a giant commercial. “One of the things we talked about from the beginning is to treat Lego as a medium more than a product,” Mr. Lord says. Because the conceit is that anything in the movie could be constructed using real Legos, the filmmakers and their animation studio in Australia collaborated with Lego engineers in Denmark. Animators in some cases used Lego Digital Designer software, which anyone can download, to prototype space ships or pirate ships. “Once we got it pretty close we would send it over to Denmark, where the Lego designers who are really experts at making things structurally sound would adjust it,” Mr. Miller says.

“The Lego Movie” gathers characters who don’t normally hang around together, coming from separately owned franchises and studios. These include Warner movie characters like Batman, Superman, Gandalf, Dumbledore and a Teenage Mutant Ninja Turtle; but also Han Solo, Shaquille O’Neal (from a 2003 NBA-licensed Lego set), and Milhouse from “The Simpsons” (Lego is releasing “Simpsons” products in February). Such matchups can be a licensing nightmare, but Mr. Lin says Lego helped bring the non-Warner characters into the film.

Lego’s experience creating videogames helped the filmmakers gauge what would be acceptable to parents in this first theatrical release. One rule the movie follows, Mr. Lin says: “Lego minifigures can’t kiss. Parents don’t want to see Lego minifigures kiss.”

 

To grow, Bitcoin may need to shed its world of intrigue

To grow, Bitcoin may need to shed its world of intrigue

3:20pm EST

By Emily Flitter

NEW YORK (Reuters) – Bitcoin enthusiasts were buzzing about the arrest of a high-profile promoter of the digital currency at Monday night’s weekly Bitcoin trading session in Manhattan’s financial district. Read more of this post

Nintendo Remains Defiant Against Smartphone Revolution; Fails to Propose Aggressive New Steps, Despite Dismal Earnings

Nintendo Remains Defiant Against Smartphone Revolution

Fails to Propose Aggressive New Steps, Despite Dismal Earnings

MAYUMI NEGISHI and KANA INAGAKI

Updated Jan. 30, 2014 2:27 a.m. ET

TOKYO—Battling to stay relevant amid a gaming revolution, Nintendo Co.7974.TO +0.16% failed to release aggressive new proposals Thursday to turn around its business strategy as the latest quarterly results suggest the floor may be falling from underneath its console-based approach. Read more of this post

Print and broadcast news outlets have long been the world’s gatekeepers of information. Now, Facebook introduced a long-awaited mobile app, called Paper, that offers users a personalized stream of news

Jan 30, 2014

Born Online, Facebook Now Wants to Be Your ‘Paper’

REED ALBERGOTTI

Print and broadcast news outlets have long been the world’s gatekeepers of information. Now,FacebookFB +14.10%

wants a turn.

On Thursday, Facebookintroduced a long-awaited mobile app, called Paper, that offers users a personalized stream of news. Facebook said it will be available Feb. 3 for the iPhone; there is no date yet for Android. Read more of this post

How Lenovo Built a Chinese Tech Giant; CEO Started Out Delivering PCs on Bicycles, Now ‘We Want to Be a Global Player’

How Lenovo Built a Chinese Tech Giant

CEO Started Out Delivering PCs on Bicycles, Now ‘We Want to Be a Global Player’

JURO OSAWA And LORRAINE LUK

Updated Jan. 30, 2014 1:13 p.m. ET

image001image002

Google sells handset business to Lenovo for nearly $3 billion. Bryan Ma of IDC tells the WSJ’s Aaron Back how Motorola phones will give Lenovo a shortcut into the competitive U.S. Market. Read more of this post

Amazon to Offer Kindle Checkout System to Physical Retailers

Amazon to Offer Kindle Checkout System to Physical Retailers

Project Would Give E-Commerce Firm Access to More Customer Data

GREG BENSINGER

Jan. 29, 2014 5:22 p.m. ET

Amazon.com Inc. AMZN +2.28% plans to offer brick-and-mortar retailers a checkout system that uses Kindle tablets as soon as this summer, people briefed on the company’s plans said.

In one scenario, the Seattle company would give merchants Kindle tablets and credit-card readers, the people said. Amazon also might offer retailers other services, such as website development and data analysis, the people said. Read more of this post

You can earn this entire bachelor’s degree on a mobile device

You can earn this entire bachelor’s degree on a mobile device

BY CARMEL DEAMICIS 
ON JANUARY 29, 2014

In March of last year, the US Department of Education decided that students undergoing competency-based college degrees could be eligible for financial aid. A competency-based degree is one focused on a person’s mastery of a skill instead of just the “credit hours” they’ve logged taking a class. In other words, if you’re majoring in business, but you’re already a whiz at statistics, marketing, and branding, you might be able to speed through those required courses by answering test questions correctly. Read more of this post

The key to unlocking big data’s true value: human beings

The key to unlocking big data’s true value: human beings

Intel has served as underwriter for a series of Quartz roundtable discussions with leaders from the financial sector on the impact of big data on their businesses. This BULLETIN is inspired by those discussions.

A BNY Mellon strategy paper lays out “the transformational influence of big data on the 21st century global finance system” as the bank seeks to use rebuilt processes to “store, crunch, use, and deliver data” in new ways. Its CIO employs a staff of 13,000 technologists and is looking for a managing director of big data architecture. Other financial institutions are on similar missions to keep pace, at the very least. Read more of this post

Sporting Innovations wants to turn the live sports watching experience on its head

Sporting Innovations wants to turn the live sports watching experience on its head

BY JAMES ROBINSON 
ON JANUARY 29, 2014

You’re a Utah Jazz fan seated in the EnergySolutions Arena in Salt Lake City. It’s approaching halftime and the game is tight. Shooting guard Gordon Hayward slashes in and takes an inbound pass from rookie point guard Trey Burke. He slips the defense and puts up a floater. Nothing but net. The crowd roars. Read more of this post

Big Profit at Facebook as It Tilts to Mobile; the social networking giant reported that 53 percent of its advertising revenue in the period came from mobile devices

Big Profit at Facebook as It Tilts to Mobile

By VINDU GOELJAN. 29, 2014

SAN FRANCISCO — Ten years after its founding as a simple website for a few thousand Harvard undergraduates to manage their social lives, Facebook is a far different company.

About 757 million people around the world used the social network on an average day last month, and three-quarters of them logged on using mobile devices. Read more of this post

Finding a Place for Market Research in a Big Data, Tech-enabled World

Finding a Place for Market Research in a Big Data, Tech-enabled World

Jan 29, 2014

In the annals of product launches, the advent of 3-D TV won’t go down as a high point in consumer love at first sight. The product first drew hype, then modest sales. But after five years on the market, the format has stalled. One mass-market manufacturer, Vizio, announced with the new year that it has pressed the pause button on 3-D. Major content providers ESPN and the BBC have discontinued 3-D TV program development. Read more of this post

Lenovo to buy Google’s Motorola in China’s largest tech deal

Lenovo to buy Google’s Motorola in China’s largest tech deal

6:27am IST

By Nadia Damouni, Nicola Leske and Gerry Shih

NEW YORK/SAN FRANCISCO, Jan 29 (Reuters) – Lenovo Group said on Wednesday it agreed to buy Google Inc’s Motorola handset division for $2.91 billion, in what is China’s largest-ever tech deal as Lenovo buys its way into a heavily competitive U.S. handset market dominated by Apple Inc . Read more of this post