Taiwan’s Acer launches cloud computing drive in shift from PC reliance

Taiwan’s Acer launches cloud computing drive in shift from PC reliance

1:49am EDT

By Michael Gold

TAIPEI (Reuters) – Taiwan’s Acer Inc detailed its long-touted push into cloud computing on Thursday, as the struggling computer maker responds to a shrinking PC market by pitting itself against cloud leaders Amazon.com Inc and Google Inc. Read more of this post

The music world may have found itself a new big villain: YouTube

The music world may have found itself a new big villain: YouTube

BY DAVID HOLMES 
ON MAY 23, 2014

Congratulations, Spotify and Pandora: You may no longer be musicians’ most hated tech companies.

Last Summer, the anti-Pandora rallying cry was at an all-time high. The Verge’s Greg Sandoval dubbed Pandora “music’s big villain.” Cracker’s David Lowery caused a major stir by penning the blog post, “My Song Got Played On Pandora 1 Million Times and All I Got Was $16.89.” And Pink Floyd wrote an editorial in USA Today accusing the streaming music service of “tricking artists” into signing a petition that would cut their already-miniscule royalty payments. Read more of this post

China Taxi Apps Call off the Subsidy Program, Orders Drop Drastically

China Taxi Apps Call off the Subsidy Program, Orders Drop Drastically

by Scully Wan – May 23, 2014

China’s most popular taxi calling apps Didi and Kuaidi have announced officially on May 16th and 17th respectively, that they will stop the payment subsidies program for passengers. However, they will keep subsidizing taxi drivers. Read more of this post

Tencent has a Plan for the Internet of Cars with the Newly Acquired Stake in NavInfo

Tencent has a Plan for the Internet of Cars with the Newly Acquired Stake in NavInfo

by Tracey Xiang – May 23, 2014

State-owned China Survey has been authorized to sell 11.8% stake in mapping company NavInfo to Tencent for RMB1.173 billion ($189). Now Tencent is the second largest shareholder in the company. Read more of this post

Microsoft’s golden era in China coming to an end

Microsoft’s golden era in China coming to an end

Staff Reporter

2014-05-24

Chinese authorities announced on May 16 that Windows 8 will be banned from government computers. Read more of this post

Twitter to take India election innovations global

Twitter to take India election innovations global

3:57am EDT

By Aditya Kalra

NEW DELHI (Reuters) – U.S. social networking company Twitter is planning to replicate parts of its India election strategy across countries that go to polls this year, after it emerged as a key tool for politicians and media companies during the world’s largest democratic exercise. Read more of this post

Amazon’s Tactics Confirm Its Critics’ Worst Suspicions; For years, authors and publishers have warned that Amazon,Jeff Bezos’ book-selling giant, would one day use its power for ill.

Amazon’s Tactics Confirm Its Critics’ Worst Suspicions

By FARHAD MANJOO

MAY 23, 2014 4:29 PM 25 Comments

Amazon is confirming its critics’ worst fears and it is an ugly spectacle to behold.

For years, authors and publishers have warned that Amazon,Jeff Bezos’ book-selling giant, would one day use its power for ill. Sure, so far, Amazon has marketed itself as a book buyer’s best friend. It sells books at terrifically low prices, it delivers them amazingly quickly, and it constantly invents new technologies to improve the way we read. Amazon has also invested heavily in publishing new authors and it has pushed exciting new formats made possible by electronic distribution. Read more of this post

Alibaba’s American Aspirations

Alibaba’s American Aspirations

By DAVID GELLES, HIROKO TABUCHI and MICHAEL J. de la MERCEDMAY 23, 2014

Herb and Martha Oberman have made a good living on eBay for 17 years, selling paper collectibles like a $5,000 limited-edition menu from the Hotel Bel-Air, the Los Angeles hotel once frequented by Marilyn Monroe. Read more of this post

Amazon escalates battle with publishers; Amazon is fuelling anguish about its growing dominance in the book industry by making it harder for customers to buy the books of a publisher it is battling with over pricing

Last updated: May 23, 2014 10:44 pm

Amazon escalates battle with publishers

By Barney Jopson in Washington and Emily Steel in New York

Amazon is fuelling anguish about its growing dominance in the book industry by making it harder for customers to buy the books of a publisher it is battling with over pricing. Read more of this post

Searching for the real identity of Google; It is the world’s top brand but it is hard to say exactly what it does, writes Izabella Kaminska

May 23, 2014 7:09 pm

Searching for the real identity of Google

By Izabella KaminskaAuthor alerts

It is the world’s top brand but it is hard to say exactly what it does, writes Izabella Kaminska Read more of this post

Grocery Deliveries in Sharing Economy; When you buy groceries from Instacart, the company summons a green-shirted “personal shopper” through its smartphone app to pick up your items from a grocery store and deliver them to you

Grocery Deliveries in Sharing Economy

MAY 21, 2014

When you buy groceries from Instacart, the company summons a green-shirted “personal shopper” through its smartphone app to pick up your items from a grocery store and deliver them to you. CreditPeter DaSilva for The New York Times

Farhad Manjoo

“I hope you realize that you are about to witness a remarkable display in ineptitude,” the technology investor Michael J. Moritz said as he entered a Whole Foods store in San Francisco one recent afternoon. Read more of this post

Home-Grown Software Gives Tesla, Facebook a Competitive Edge

May 23, 2014, 12:40 PM ET

Home-Grown Software Gives Tesla, Facebook a Competitive Edge

RACHAEL KING

Companies from Tesla Motors Inc.TSLA +1.18% to Facebook Inc.FB +1.37% are writing their own software for employees in key areas that give them competitive advantage. They’re foregoing – at least in part – commercially available software. Read more of this post

Samsung Plans to Introduce a Stand-Alone Smartwatch; Electronics Maker’s Watch Will Make Calls Without Being Tethered to a Smartphone; Expected in Summer Months

Samsung Plans to Introduce a Stand-Alone Smartwatch

Electronics Maker’s Watch Will Make Calls Without Being Tethered to a Smartphone; Expected in Summer Months

MIN-JEONG LEE And YUN-HEE KIM

Updated May 23, 2014 12:01 p.m. ET

What’s News: Samsung plans to roll out a smart watch that doesn’t need to be tethered to a phone, Google is developing a new tablet, and Donald Sterling will allow his wife to sell the Clippers. Tanya Rivero reports. Photo: Reuters Read more of this post

Computer security: Organisms stop infections spreading by being diverse. So can computer apps

Computer security: Organisms stop infections spreading by being diverse. So can computer apps

May 24th 2014 | From the print edition

ABOUT 1.3 billion people use one or other version of Microsoft’s Windows operating systems, and well over a billion have downloaded Mozilla’s Firefox web browser. Minor variations aside, every copy of these products—like all other mass-market software—has exactly the same bits in it. This makes such software a honeypot for hackers, who can write attack code that will cause precisely the same damage to, say, every copy of Windows 7 it infects. Worse, the bad guys can hone their attacks by practising on their own machines, confident that what they see will be what their victims get. Read more of this post

Virtual biology: Computer worms; A crowd-funded project aims to build the world’s first simulated organism

Virtual biology: Computer worms; A crowd-funded project aims to build the world’s first simulated organism

May 24th 2014 | From the print edition

ANY scientist will tell you that most of the work which gets done at the conferences they attend happens not in the lecture halls but around the coffee machines outside them (not to mention in the bars that delegates repair to after the lectures are finished). That is where ideas are swapped, phone numbers exchanged and collaborations begun. Read more of this post

The Amazon of India is not Flipkart-it’s Amazon

The Amazon of India is not Flipkart—it’s Amazon

By Mahesh Murthy, Co-founder, Seedfund an hour ago

One of the worst-kept secrets in India’s e-commerce industry was finally outed yesterday as Flipkart, a broad-based e-commerce firm in India, said it was buying fashion e-tailer Myntra in an all-stock deal reportedly valued at about $330 million. Given that media had published nearly every detail involved for the last few weeks—the New York hedge fund manager backing the deal, the law firms involved and the price and other details—the announcement itself didn’t surprise anyone. Read more of this post

The seven habits of highly effective digital enterprises

The seven habits of highly effective digital enterprises

To stay competitive, companies must stop experimenting with digital and commit to transforming themselves into full digital businesses. Here are seven habits that successful digital enterprises share.

May 2014 | by’Tunde Olanrewaju, Kate Smaje, and Paul Willmott

The age of experimentation with digital is over. In an often bleak landscape of slow economic recovery, digital continues to show healthy growth. E-commerce is growing at double-digit rates in the United States and most European countries, and it is booming across Asia. To take advantage of this momentum, companies need to move beyond experiments with digital and transform themselves into digital businesses. Yet many companies are stumbling as they try to turn their digital agendas into new business and operating models. The reason, we believe, is that digital transformation is uniquely challenging, touching every function and business unit while also demanding the rapid development of new skills and investments that are very different from business as usual. To succeed, management teams need to move beyond vague statements of intent and focus on “hard wiring” digital into their organization’s structures, processes, systems, and incentives. Read more of this post

How CIOs can lead their company’s information business

How CIOs can lead their company’s information business

In data-driven companies, CIOs—and new chief data officers—should think big and help accelerate bold changes throughout the enterprise.

May 2014 | byJanaki Akella, Sam Marwaha, and Johnson Sikes Read more of this post

The rise of the frugal innovator

The rise of the frugal innovator

Having conquered the global market for personal computers, China’s Lenovo is setting its sights higher

May 24th 2014 | HONG KONG | From the print edition

“LENOVO is the best company in the world at balancing innovation and efficiency.” So declares Yang Yuanqing, the chairman of the Chinese computer-maker. The boast is at least half right. The firm has certainly displayed its ruthless efficiency of late, by keeping costs down and grabbing market share from its big Western rivals. Lenovo has recently bested HP to become the top peddler of desktop computers worldwide. From a negligible share a few years ago, it is rising fast in the global smartphone market too. Read more of this post

Vancouver, the New Tech Hub

http://www.businessweek.com/articles/2014-05-22/vancouver-welcomes-tech-companies-hampered-by-u-dot-s-dot-work-visa-caps

Vancouver, the New Tech Hub

By Karen Weise May 22, 2014

In the heart of downtown Vancouver, construction workers are installing glass facades on two office towers. One will be an engineering hub for Microsoft (MSFT), the other for Amazon.com (AMZN). Facebook (FB), Salesforce.com (CRM), and a bunch of startups with less familiar names have also been setting up shop in the city. In addition to great views in a convenient time zone, Vancouver offers U.S. tech companies world-class talent, lower salaries, and few immigration headaches. Read more of this post

Companies and the Clouds They Keep; While Salesforce has a head start in the race to build a cloud platform, Amazon could emerge as the winner

http://www.businessweek.com/articles/2014-05-22/cloud-platform-race-salesforce-leads-amazon-microsoft-google

Companies and the Clouds They Keep

By Peter Burrows May 22, 2014

After co-founding Salesforce.com (CRM) in 1999, Marc Benioff spent years preaching the gospel of its radical new business model, cloud computing. The days of the hard sell are long gone, Benioff says. Just this month, the Salesforce chief executive officer played host to News Corp. (NWSA) Chairman Rupert Murdoch and Wal-Mart Stores (WMT) CEO Doug McMillon, who’d traveled to Silicon Valley to hear how Salesforce could help them cut costs and increase sales. Read more of this post

Flipkart, India’s largest ecommerce company, announced the acquisition of Myntra, a specialised fashion e-retailer

May 22, 2014 11:29 pm

Flipkart buys Myntra in fashion drive

By Amy Kazmin in New Delhi and James Crabtree in Mumbai

Flipkart, India’s largest ecommerce company, announced the acquisition of Myntra, a specialised fashion e-retailer, on Thursday, as it gears up to face intensifying competition in the country’s rapidly growing internet retail market. Read more of this post

Weibo and Renren highlight troubles facing Chinese web groups

May 22, 2014 9:19 am

Weibo and Renren highlight troubles facing Chinese web groups

By Sarah Mishkin in San Francisco

Two of China’s biggest tech companies have unveiled weak numbers in an echo of some of the earnings disappointments coming from their US peers. Read more of this post

Learning from New York City’s open-data effort: Finding the technology needed to make data truly open is easy. Breaking down barriers to change and helping users understand the information takes work

Learning from New York City’s open-data effort

Finding the technology needed to make data truly open is easy. Breaking down barriers to change and helping users understand the information takes work. Read more of this post

Alibaba’s Jack Ma: “The relationship between investors and entrepreneurs is like a couple’s, nobody can say who is taking advantage of the other”

Alibaba’s Jack Ma: investors and entrepreneurs like husbands and wives

3:17am EDT

BEIJING (Reuters) – Jack Ma, the founder and executive chair of Alibaba Group Holding, said investors and entrepreneurs can fall out like domestic couples squabbling over their children in a blog post published late on Monday as the Chinese e-commerce juggernaut prepares for its blockbuster initial public offering. Read more of this post

VCs eye big cloud software returns despite dwindling valuations

VCs eye big cloud software returns despite dwindling valuations

6:41pm EDT

By Sarah McBride

SAN FRANCISCO (Reuters) – A cloud software boom has nudged startups into unlikely realms such as dairy farms, yoga studios and back-of-the-building loading docks, leading venture capitalists to hope for stratospheric returns. Read more of this post

Online Retailer Flipkart Acquires Myntra; Deal Will Give Flipkart Control of Roughly Half of India’s E-Commerce Market

Online Retailer Flipkart Acquires Myntra

Deal Will Give Flipkart Control of Roughly Half of India’s E-Commerce Market

DHANYA ANN THOPPIL

May 22, 2014 5:24 a.m. ET

BANGALORE—Flipkart Internet Pvt., India’s largest online retailer, agreed to acquire its rival Myntra Designs Pvt. in a $400 million transaction that will give Flipkart control of roughly half of the country’s e-commerce market. Read more of this post

Online cycling retailer Wiggle in float rumours, valuing the company at around £440m; The company made pre-tax profits of £12.3m on revenues of £140.7m

Online cycling retailer Wiggle in float rumours

May 12, 2014

Wiggle was sold to private equity group Bridgepoint in 2011 for £180m ($192.4 million). Photo: John Veage

Wiggle, the privately owned online cycling retailer, is working with advisers at boutique investment bank Rothschild on a potential flotation. Read more of this post

A Closer Look Inside IBM’s Cloud Challenge: IBM is finally moving with real urgency in the cloud computing market. But can IBM win over enough of its mainstream corporate customers?

A Closer Look Inside IBM’s Cloud Challenge

By STEVE LOHR

MAY 12, 2014, 9:00 AM 5 Comments

IBM, after a sluggish start, is moving with real urgency in building up its cloud business, as I noted in a recent article.

“IBM has made big moves and done some really good things,” said Daryl Plummer, an analyst at Gartner. “But the question now is, can it win business and make money in the cloud business?” Read more of this post

Fighting fakes: ahead of IPO, Alibaba takes a tougher line

Fighting fakes: ahead of IPO, Alibaba takes a tougher line

6:05am EDT

By Paul Carsten and Deepa Seetharaman

BEIJING/SAN FRANCISCO (Reuters) – Alibaba is taking a tougher line against counterfeit items sold on its online marketplaces as the Chinese e-commerce giant heads towards a U.S. stock listing that could be the world’s biggest technology company IPO. Read more of this post