Netflix Seen Bidding for DHX to Add Teletubbies

Netflix Seen Bidding for DHX to Add Teletubbies: Real M&A

Teletubbies, Inspector Gadget and Care Bears are making children’s TV show producer DHX Media Ltd. (DHX) ripe for a takeover. After adding these characters to its portfolio through two acquisitions in the last year, DHX now offers buyers a library of more than 9,000 half-hour TV show segments, including “Yo Gabba Gabba!” and “Madeline,” and associated merchandising rights. Sales at Canada’s DHX are projected to rise 73 percent over the next three years, one of the fastest growth rates among similar-sized North American entertainment companies, according to data compiled by Bloomberg. Read more of this post

How Twitter’s Business Model Is Just Like Broadcast TV — Only Worse; More dependent on ads than even the old media giants

How Twitter’s Business Model Is Just Like Broadcast TV — Only Worse

More dependent on ads than even the old media giants

October 4, 2013 at 4:24pm EDT

Peter LauriaBuzzFeed Staff

enhanced-buzz-7283-1380914884-41

In its IPO filing, Twitter describes itself as a “global platform for public self-expression and conversation in real time.” Casually, it is referred to as amicroblogging service or an internet social-messaging network. Given its business model of promoted tweets, some have said it is an advertising agency in disguise. But none of those descriptions is entirely accurate. What Twitter really is, from a business-model perspective, is a broadcast television network. Same goes for Facebook. It’s a shame YouTube has dibs on the “Broadcast Yourself” tagline because it actually lends itself better to one of these two social networks. Read more of this post

Comcast rolls out remote control accessed through Twitter

Comcast rolls out remote control accessed through Twitter

7:27pm EDT

By Jennifer Saba

(Reuters) – Comcast Corp announced on Wednesday that it developed a new remote control feature in partnership with Twitter that allows users to turn the channel through a tweet. The “See It” button enables viewers to tune in to a live or On Demand show like Sunday Night Football or “The Voice” through their set-top box or mobile device. In addition, the button will let users program digital video recorders or to buy movie tickets through Fandango. Read more of this post

Yahoo Japan Store Applications Jump After Masayoshi Son Scraps Fees

Yahoo Japan Store Applications Jump After Son Scraps Fees

Yahoo Japan Corp. (4689), the nation’s most-visited Web portal, said applications for new stores on its shopping site surged after billionaire Chairman Masayoshi Son eliminated fees for online retail outlets. About 10,000 applications were received from outlets and 16,000 from individuals, the Tokyo-based company said in an e-mailed statement today. There are currently 20,000 stores on its shopping site, it said. Read more of this post

Japanese Tech Billionaire Cannibals Erase $4 Billion in Son-Mikitani Fight

Billionaire Cannibals Erase $4 Billion in Son-Mikitani Fight

Billionaire Masayoshi Son, Japan’s second-richest person, mounted an attack on the next wealthiest, Hiroshi Mikitani, wiping out a combined $4.3 billion in their companies’ market values. Son, chairman of Yahoo Japan Corp. (4689), eliminated fees that the Internet search and shopping business charges for online stores. The move is a direct challenge to Mikitani’s Rakuten Inc. (4755), the country’s largest Internet shopping mall. Read more of this post

In Panasonic’s plasma exit, Japan’s TV makers come to terms with defeat

In Panasonic’s plasma exit, Japan’s TV makers come to terms with defeat

8:58am EDT

By Reiji Murai and Sophie Knight

TOKYO (Reuters) – Panasonic Corp’s move to close its last plasma television factory completes a painful reckoning that has all but killed off Japan’s TV industry, once the pride of the country’s post-war rise to technological and economic power. In a golden era that began in the 1970s, the country’s TV makers brought cutting-edge yet affordable technology and brand names like Sony, the Trinitron and Panasonic into living rooms across the West, at the expense of U.S. and European rivals. Read more of this post

Alipay’s Parent to Invest $193 Million in Chinese Asset Manager

Alipay’s Parent to Invest $193 Million in Chinese Asset Manager

The parent of Alipay.com Co., billionaire Jack Ma’s online payments-system operator, will pay 1.18 billion yuan ($193 million) for a stake in a Chinese asset management firm as he expands into financial services. Zhejiang Alibaba E-commerce Co., controlled by Ma, will buy a 51 percent stake in Tian Hong Asset Management Co.’s enlarged registered capital, according to a statement to the Shanghai Stock Exchange today from Inner Mongolia Junzheng Energy & Chemical Industry Co., another Tian Hong shareholder. Zhejiang Alibaba’s planned investment in Tian Hong marks part of a wider push by Alibaba Group, China’s largest e-commerce company, founded by Ma, to expand its presence in the country’s financial industry. In June, Alipay began offering currency fund products by Tian Hong on a new platform called Yu’E Bao, meaning “leftover treasure” in Chinese. Online shoppers who use Alipay have the option of putting their spare cash into Yu’E Bao to earn variable returns. The service has no minimum requirement and users can withdraw their money anytime. Alipay had more than 800 million registered accounts as of July.

To contact Bloomberg News staff for this story: Aipeng Soo in Beijing at asoo4@bloomberg.net

LG Chem’s new curved batteries may reshape the industry

LG Chem’s new batteries may reshape the industry

Oct 09,2013

gsmarena_001

LG Chem said yesterday it has completed development of a cable battery, which – along with the recently introduced stepped and curved batteries – the company hopes will help to power its drive to be a leader in the global market.
“Through the exclusiveness of our unique technology, LG Chem has succeeded in launching batteries for the future that have not existed before,” said Kwon Young-soo, who heads the energy solution unit at LG Chem. “We will continue to strive to be No. 1 globally by developing more optimized, safer and longer-lasting batteries.”
Korea’s largest battery maker started producing stepped batteries at its plant in Nanjing, China, in July to power LG Electronics’ G2 smartphone.  Read more of this post

The founder and largest individual shareholder of Korea’s dominant search engine Naver is under siege for being predatory, and has come under the spotlight as he appears to be following in Bill Gates’ footsteps

2013-10-08 19:18

Naver founder seeks Gates-style exit

By Choi Kyong-ae

131008_p01_naver

The founder and largest individual shareholder of Korea’s dominant search engine Naver is under siege for being predatory, and has come under the spotlight as he appears to be following in Bill Gates’ footsteps. Lee Hae-jin, 47, stepped down as CEO of NHN in 2004 and quit his position as chief strategy officer (CSO) of the venture giant in January 2011 to focus his energies on overseas operations, the Seoul-based company confirmed Tuesday. “Back then, he made the decision in a bid to seek a future growth engine overseas away from the already saturated domestic market,” an official from the company told The Korea Times by telephone. Read more of this post

We Have Made India The Tech Capital Of Biometrics: Nandan Nilekani

We Have Made India The Tech Capital Of Biometrics: Nandan Nilekani

by Rohin Dharmakumar, Seema Singh, N.S. Ramnath | Oct 8, 2013

Nandan Nilekani on the Aadhaar project’s scope, its vulnerabilities and its future

Q. How long does the UIDAI hold transaction data and what steps has it taken to ensure that the privacy of users’ data—demographic & transactional—will be safeguarded from any third party?
We are in the process of finalising the policy for that. UIDAI only gets the location, time and the device from which the authentication request came from. It is a federated database with in-built optimal ignorance among various players. At the design level itself, we don’t have transactional data, except that we had an authentication request. When we do authentication, if we get a claim that it is a ‘false accept’, we, in turn, have to investigate and that’ll decide how long we retain the data. We have to strike a balance between privacy issues and liability issues, looking at practices of banks and switching companies. But let me tell you that we take great care to safeguard the data. We encrypt at source; we anonymise data when we send it for verification; the database itself is encrypted; we have layers and layers of security. In fact, as far as biometrics is concerned, once we have extracted the minutiae, we put it offline.   Read more of this post

Twitter’s shady accounting: Why is Twitter using the same accounting tricks that have been criticized so many times before?

Twitter’s shady accounting

By Stephen Gandel, senior editor October 8, 2013: 5:00 AM ET

Why is Twitter using the same accounting tricks that have been criticized so many times before?

FORTUNE — When it comes to its bottom line, Twitter would like potential investors to put on some heavily tinted rose-colored glasses. In the registration statement for its upcoming IPO, which was filed on Thursday, Twitter said through the “eyes of management” the company had a profit of just over $21 million in the first six months of the year. That’s probably how Twitter’s execs would like potential investors to see it. Through an accountant’s eyes, though, Twitter actually lost just over $69 million. Read more of this post

Microsoft’s $7.2 Billion Nokia Bet Not Luring Apps

Microsoft’s $7.2 Billion Nokia Bet Not Luring Apps

Microsoft Corp. (MSFT)’s $7.2 billion pairing with Nokia Oyj (NOK)’s handset business is failing to win over the software developers who are crucial to its success. Consider Tommy Palm and Jeff Smith. Palm, who oversees development at smartphone-game maker King.com, and Smith, who runs music-application maker Smule Inc., have long avoided building apps for devices using Microsoft’s Windows Phone software. Closer ties with Nokia haven’t swayed them. Both say even after the acquisition closes, Microsoft still won’t have enough users to make it worth the time and money. Read more of this post

In Digital Era, What Does ‘Watching TV’ Even Mean? Study Suggests More Time Spent on Smartphones, Computers, Tablets Than Television

October 8, 2013, 9:43 p.m. ET

In Digital Era, What Does ‘Watching TV’ Even Mean?

Study Suggests More Time Spent on Smartphones, Computers, Tablets Than Television

KATHERINE ROSMAN

We spend a full five hours and 16 minutes a day in front of a screen, and that’s without even turning on a television. So says a statistic from eMarketer, a research firm that focuses on digital media and marketing. It says that for the first time we are devoting more attention each day to smartphones, computers and tablets. All of which points to a big question: What counts as TV-watching today? Read more of this post

How San Francisco’s new entrepreneurial culture is changing the country

How San Francisco’s new entrepreneurial culture is changing the country.

by Nathan HellerOCTOBER 14, 2013

Collectives like the Sub bring together the arts, “mindful living,” and tech startups. “When you’re trying to make a name for yourself as a seed investor,” Johnny Hwin says, “the name of the game is differentiation.” Photograph by Pari Dukovic.

The way to meet up with Johnny Hwin, one of the best-connected kids in San Francisco, is to stand at the garage door of a small repair shop in the iffy section of the Mission District and dial his cell phone until it stops ringing into voice mail and the call goes through. This takes a while, sometimes, because Hwin silences his phone and forgets about it. In the meantime, there’s a lot going on at the corner—commuters edging by with messenger bags, shirtless men in dire straits wandering past. After half an hour, maybe a lot sooner, Hwin will call you back and tell you to stay right where you are, because he’s just leaving his place. It’s unclear from which direction he is coming, or how far, and so you might meander toward a nearby mural, called “Diversity in Progress” (it depicts a blooming tree beside a guy in a sombrero), or perhaps toward a pentagon-shaped house squatting among Victorians like the lost piece of a Lego set. At this point, Hwin will call again to say that he cannot see you. When you finally fall into his sight line, you might get a high five and a low-key welcome (“Hey, man”) before being shuttled through a gate and up a dingy flight of stairs illuminated by a snarl of Christmas lights. This is an art-and-tech collective called the Sub, where Hwin has been since 2009. Today, it’s part of a network of places where the new mode of American success is being borne out. Read more of this post

MediaTek chips to be used by Samsung, goes from local knockoffs to global juggernauts in under a year

MediaTek chips to be used by Samsung, goes from local knockoffs to global juggernauts in under a year

October 7, 2013

by Paul Bischoff

Rumors surfaced a couple days ago that Samsung will use Taiwan-based MediaTek processors in its entry level and mid-range lines of smartphones. Previously, Broadcom supplied Samsung’s lower-end processors, but MediaTek’s cheaper and faster chipsets might prove too enticing. They won’t be replacing Qualcomm’s Snapdragon or Nvidia’s Tegra anytime soon, but a potential client in Samsung would be a huge landmark for MediaTek (TPE:2454). Read more of this post

Old dog learns new tricks: CyberLink moves into the mobile market

Old dog learns new tricks: CyberLink moves into the mobile market

BY CARMEL DEAMICIS 
ON OCTOBER 8, 2013

The other day I met with the rarest of technology companies, a PC-only software called CyberLink. Once upon a time, CyberLink dominated. It was the default DVD software in all PCs, and its logo could be recognized the world over. But then, Apple found its second life. Macs made a comeback, and PC users began dropping like flies, reborn as Apple fanboys. Or so it seems in Silicon Valley. But the truth is, in the rest of the world PC numbers are still substantial. There were 353 million PCs sold worldwide in 2012, compared to  18.1 million Macs. And with each of those PCs comes a CyberLink PowerDVD player. For those CyberLink users out there, the company is trying to make itself flexible and relevant. Today it announced PowerDVD Live, a way of storing videos in the cloud and then accessing them on Windows/Android/iOS mobile. That’s right. CyberLink is biting the bullet and making itself compatible with Apple products. Read more of this post

Thailand’s one tablet per child program rocked by claims of 30% broken tablets

Thailand’s one tablet per child program rocked by claims of 30% broken tablets

October 8, 2013

by Saiyai Sakawee

One Tablet Per Child is a policy launched last year by the Thai government in an attempt to improve education and address issues of inequality. Basically, the government gives away tablets to first graders, hoping that being able to connect to the internet and work online together will help improve the quality of their education. However, an audit – as spotted by the Bangkok Post – claims that many of the tablets have flaws. The Office of the Auditor-General (OAG) says that about 30 percent of the 860,000 tablets distributed to students last year are reported as being broken or needing repair. Read more of this post

Fab times: Taiwan’s TSMC thinks big in micro chip race

Fab times: Taiwan’s TSMC thinks big in micro chip race

5:10pm EDT

By Clare Jim

TAINAN, Taiwan (Reuters) – Top contract chip maker TSMC may have outsmarted rivals Samsung Electronics Co and Intel Corp in the race to build the tiniest and most powerful chips for smartphones and tablets by building big. As mobile devices get slimmer and demand increases for more data-processing and power-saving features, chip companies are trying to cram more power into tinier chips and are building futuristic factories, or fabs, to meet global demand. Read more of this post

Take HP’s slide personally, CEO Whitman tells 300,000-plus employees after removal from Dow Jones

Take HP’s slide personally, CEO Whitman tells employees

3:18pm EDT

By Poornima Gupta

SAN FRANCISCO (Reuters) – When Hewlett-Packard Co was removed from the Dow Jones Industrial Average a month ago, Chief Executive Officer Meg Whitman sent an impassioned email to the company’s 300,000-plus employees. “I hope that every HP employee took today’s announcement personally,” she said in the one-page internal memo on September 10. Read more of this post

Microsoft Discounts Cloud Services Challenging Amazon

Microsoft Offers Discounts Amid Ramp-Up of Cloud Service

Microsoft Corp. (MSFT)’s cloud and enterprise chief Satya Nadella, who has been named as a possible replacement for retiring Chief Executive Officer Steve Ballmer, today unveiled a price cut for some customers seeking Internet-based cloud services. Starting Nov. 1, Microsoft will offer discounted rates for its Windows Azure cloud service, as well as annual payment plans for customers who sign up for multiyear agreements called Enterprise Agreements, Nadella said at an event in San Francisco. He also introduced a version of Azure for U.S. government customers, which will store data in the U.S. and be managed by Americans to meet government-security requirements. Read more of this post

The authors of equity research have begun to take a leaf out of Amazon’s book by are analysing how their clients read and use their offerings, in order to sell them additional targeted products

October 8, 2013 6:10 pm

Banks take Amazon approach to research

By Vanessa Kortekaas

The authors of equity research have begun to take a leaf out of Amazon’s book. Stockbrokers and banks – which write reports on listed companies for investment managers, with buy or sell recommendations on their shares – are analysing how their clients read and use their offerings, in order to sell them additional targeted products. Their aim is to replicate the success that Amazon has in mining its wealth of purchasing data, in order to recommend products to clients based on what they, and their like-minded peers, previously bought. “Investment bank research departments are starting to have to treat fund managers as proper customers, just like retailers do,” says Neil Shah, director at Edison Investment Research, an independent research house. Read more of this post

Candy Crush maker shows how to hook gamers, make them pay

Candy Crush maker shows how to hook gamers, make them pay

STOCKHOLM — With 100 million people logging on every day for a fix of its games like Candy Crush Saga, global game maker King is showing rivals not just how to hook players but how to get them to pay.

REUTERS 4 HOURS 33 MIN AGO

STOCKHOLM — With 100 million people logging on every day for a fix of its games like Candy Crush Saga, global game maker King is showing rivals not just how to hook players but how to get them to pay. King is the latest among European tech firms like Rovio, creator of mega-hit Angry Birds, to make it big on the global gaming scene. But its stunning profitability in an industry littered with firms who failed to make money has made it a totem for others seeking to emulate its success. Read more of this post

Aussie start-up brings ‘try before you buy’ to apps

Aussie start-up brings ‘try before you buy’ to apps

October 8, 2013 – 9:49PM

Ben Grubb

Ever wanted to try a mobile app before you buy it but only had screenshots and a couple of reviews to look at before making a decision? Worse still, ever forked out cash for an app that doesn’t do what you thought it would do? An Australian technology start-up is working to fix that problem, and has caught the eye and the backing of American investors. In the same way that movies have trailers, App.io gives smartphone users the ability to try an app to get a taste of what it looks and feels like before buying it. Demos can be placed on blogs, websites, Facebook or Twitter and work on all platforms and do not require a plugin – all that is needed is a web browser. So far the start-up has raised $US1.2 million ($1.27m) from investors and more than 8500 app developers have signed up to use the service. Read more of this post

Flash sale pioneer Vente-Privee eyes smartphone-driven boom

Flash sale pioneer Vente-Privee eyes smartphone-driven boom

9:09am EDT

By Dominique Vidalon and Pascale Denis

PARIS (Reuters) – Vente-Privee, the French firm that pioneered online sales events, expects the bulk of its sales in coming years to be carried out on smartphones and tablet computers, its founder and chief executive said on Tuesday. Vente-Privee, which sells luxury fashion, wine and music at steep discounts to its 19 million European members in “flash sales” that last three to five days, also expects revenue to continue to grow at a double-digit rate over the next 10 years. Read more of this post

Can you trust Facebook with your genetic code?

Can you trust Facebook with your genetic code?

By Christina Farr | VentureBeat.com, Published: October 7

We share everything on Facebook: our family photos, intimate thoughts, relationship woes. Some of us even post our DNA. Thousands of Americans are sharing results of genealogy tests on social media sites like Facebook, even posting their entire genome on GitHub and GenomesUnzipped. But is it safe for patients to share DNA with a private company and then post test results on the Internet? That’s not so clear. Genealogy companies like 23andMe that analyze your genetic data encourage this kind of sharing, and they say that it is safe. For just $99, you can send 23andMe a sample of your DNA, and it will send you a full report, replete with information about your health and ancestry, and give you options to share the data online and connect with people you might be distantly related to. It can also be used by prospective parents to determine the risk that their future offspring will inherit a genetic condition. Read more of this post

Retailers see ‘click and mortar’ as way to beat Amazon

Retailers see ‘click and mortar’ as way to beat Amazon

9:39am EDT

By Emma Thomasson and Dominique Vidalon

PARIS (Reuters) – Traditional stores can take on e-commerce and keep their major role by reinventing themselves faster to best combine shopping in stores and online, top retailers said on Tuesday. Despite the challenge from players like Amazon, 68 percent of retailers say stores remain the most important channel for shoppers and one in three plan to expand their footprint, according to a survey by the Australian Centre of Retail Studies released at a conference in the French capital. Read more of this post

British Invading Again as U.S. TVs Tune In for Sherlock Holmes

British Invading Again as U.S. TVs Tune In for Sherlock Holmes

In the 1960s, the British Invasion brought bowl haircuts and rock-n-roll to U.S. shores with The Beatles and The Rolling Stones. Fifty years on, a new assault is coming, led by iconic U.K. characters featured on TV shows. Time Warner Inc. (TWX)’s HBO, CBS Corp. (CBS)’s Showtime, Netflix Inc. (NFLX) and Hulu LLC are among the cable networks and streaming sites commissioning, co-producing and buying rights to expensive new British dramas, meaning Americans will soon be watching U.K.- made shows featuring everyone from Dracula to Sherlock Holmes. Read more of this post

Are curved, flexible smartphones the next frontier in smartphone innovation?

Are curved, flexible smartphones the next frontier in smartphone innovation?

By VentureBeat.com, Published: October 7

Are curved, flexible smartphones the next frontier in smartphone innovation? LG and Samsung really want to make it so. Both companies are weeks away from announcing smartphones with curved displays, whose plastic substrate should make them more durable and cheaper to produce. LG said today that it’s already started production of its flexible displays, which could appear in a phone called the “LG Flex” as soon as November. Read more of this post

Asia’s TV manufacturers change channel on strategy

October 7, 2013 12:58 pm

Asia’s TV manufacturers change channel on strategy

By Jennifer Thompson in Tokyo and Sarah Mishkin in Taipei

Taipei café owner Wei Peng-Jeng is an avid viewer of television series, but the small screen that he watches them on is far smaller than the one they were created for. During a recent slow afternoon, Mr Wei propped up his HTC smartphone’s five-inch screen to watch Sherlock, the BBC crime drama. Watching programmes on TV sets, he says, is the domain of “parents or the older generation”. Read more of this post

Behind South Korea’s Big $65M Mobile Gaming Merger

Behind South Korea’s Big $65M Mobile Gaming Merger

KIM-MAI CUTLER

posted yesterday

They’ve been rivals for more than 10 years. Both Com2uS and Gamevil have battled for the local South Korean gaming market through the era of candy-bar phones until today. But in a new twist this month, they’re actually joining forces with Gamevil’s deal to spend roughly $65 million for a 21 percent stake in its longtime competitor. The reason? Android and iOS have fundamentally changed the global mobile gaming market. They’ve flattened it and games arguably can now cross cultural boundaries more fluidly than they ever have before. Games from European developers like King’s Candy Crush Saga and Supercell’s Clash of Clans can be distributed seamlessly in Asian markets. At the same time, new powerful chat apps like Kakao Talk are wedging themselves between Google’s Android platform and domestic game developers, lessening the power of local studios. So there’s more competition from abroad and weaker leverage for domestic developers. Read more of this post