By
Paula ParisiMay 9, 2024
Short-form video hosting service TikTok and its China-based parent company ByteDance have filed suit against the United States challenging the constitutionality of the law that seeks to force a sale of the popular social media company, or otherwise ban it from use in the United States. The petition seeks to upend the bill President Biden signed into law April 24 as part of a foreign aid package. TikTok faces a ban from U.S. app stores if ByteDance has not been sold to a non-adversarial entity by mid-January 2025. ByteDance has made clear it has no intention of divesting. Continue reading ByteDance Files Suit Against the U.S. Over TikTok Sale or Ban
By
ETCentric StaffApril 25, 2024
Congress rapidly passed and President Biden signed into law a bill intended to sideline the short-form video service TikTok, owned by Chinese tech company ByteDance. The process played out over the course of a week — the result of the proposal being tied to a foreign aid package with support for Ukraine and Israel. The nation now readies for the aftermath of the new U.S. law, which gives ByteDance nine months to find a new, U.S.-approved owner. Absent that, the app will essentially be banned from app stores and ISPs, which will face fines for distributing or supporting the social platform. Continue reading U.S. Braces for TikTok Ban After President Signs Bill into Law
By
Paula ParisiJanuary 26, 2023
Rupert Murdoch has cancelled plans to consider merging the Fox Corporation, parent of Fox News, with News Corp, which owns The Wall Street Journal. Murdoch, who is chairman of Fox and executive chairman of News Corp, said in a statement that he and son Lachlan Murdoch, co-chairman of News Corp and chairman and CEO of Fox, have “determined that a combination is not optimal” for shareholders at this time. The move comes as News Corp is embroiled in negotiations to sell Realtor.com owner Move Inc. to commercial realty firm CoStar Group in a deal valued at around $3 billion. Continue reading Murdochs Call Off the Proposal to Merge Fox and News Corp
Apple and Google have agreed to drop all lawsuits between the two tech giants. According to a joint statement, there is no cross-licensing agreement as part of the truce, but the companies would work in “some areas of patent reform.” The announcement effectively ends about 20 lawsuits and covers Apple’s patent litigation with Google’s Motorola unit, which started four years ago and Google later inherited when it purchased Motorola Mobility. However, the deal does not affect Apple’s patent litigation against Samsung. Continue reading Apple and Google End Patent Battle, Agree to Work on Reform
By
Lisette LeonardMay 15, 2014
Google announced Tuesday evening that its Google Glass product, although still in beta, is now available to anyone in the U.S. while supplies last. IHS released a product breakdown of Glass, and says that the cost of hardware and manufacturing is approximately $152, a small fraction of the product’s $1500 selling price. While IHS did note nonmaterial expenses such as software development, engineering and tooling, Google claims that the IHS cost estimate is “wildly off.” Continue reading Google Glass Available to All, IHS Breaks Down Materials Cost
By
Lisette LeonardMay 13, 2014
With the recent growth in citizen journalism via the Internet, questions have arisen regarding the authenticity of photographs, and whether there are ways to verify if an image is accurate or not. The rise of Photoshop and other digital tools has made it easy for people to edit images prior to sharing them on Facebook or Twitter. However, a computer science professor at Dartmouth College has developed a free online image verification service that quickly confirms whether an image is authentic or not. Continue reading Professor Develops Free DIY Online Image Verification Service
During Facebook’s F8 developer conference this week, an Oculus VR spokesperson said the company would likely release its Oculus Rift virtual reality headsets commercially next year. While there is no official word yet on a price tag or release date for the consumer version of Oculus Rift, the headset will require an ecosystem of games and entertainment. The Oculus Rift Development Kit 2 is presently on sale for $350, and is scheduled to begin shipping in July. Continue reading F8: Consumers Can Purchase Oculus Rift VR Headset in 2015
By
Lisette LeonardApril 21, 2014
Last week, the five largest U.S. cellular carriers and leading smartphone makers announced a voluntary commitment to add new anti-theft tech to devices being released next year. Supporting companies include Apple, Google, HTC, Huawei, Microsoft, Motorola, Nokia and Samsung. The commitment means that devices sold after July 2015 will have the ability to allow users to wipe data remotely, and prevent the device from being reactivated without permission from the owner. Continue reading Carriers and Smartphone Makers Commit to Anti-Theft Tech
By
Lisette LeonardJanuary 31, 2014
After purchasing Motorola Mobility 22 months ago for $12.5 billion, Google has decided to sell the handset business to China’s Lenovo Group for $2.91 billion. Although this is a loss for Google, the company did retain numerous Motorola patents. Google had been struggling to compete in the smartphone hardware business. The deal also signifies Lenovo’s attempt to break into the smartphone market, and create a bigger presence in the technology market worldwide. Continue reading Google Sells Motorola Handset Biz to Lenovo for $2.9 Billion
By
Rob ScottJanuary 23, 2014
Verizon Communications has completed a long-awaited deal to acquire Intel’s cloud-based TV platform. Terms have yet to be released, but people familiar with the matter put the price around $200 million. The acquisition is expected to help Verizon FiOS customers search for content on TVs and Verizon smartphones and tablets. It could also help Verizon establish a foundation for offering an Internet-based version of pay TV, which several companies such as Amazon, Apple and Sony are also said to be pursuing. Continue reading OnCue: Verizon to Acquire Intel’s Cloud-Based TV Platform
By
Rob ScottJanuary 22, 2014
The Federal Communications Commission is scheduled to conduct its first major auction of wireless airwaves in six years today. Telecom analysts at New Street Research estimate that national wireless carriers AT&T, Verizon Wireless, Sprint and T-Mobile — along with satellite TV operator Dish Network — will spend at least $46 billion on spectrum over the next two years in a series of auctions. Next year, the government plans to sell coveted spectrum in the 600 megahertz band, used by TV stations, to be resold for wireless use. Continue reading FCC Scheduled to Begin Wireless Airwaves Auctions This Week
By
Rob ScottJanuary 15, 2014
Charter Communications went public on Monday with its latest bid for Time Warner Cable. The $37.4 billion cash-and-stock proposal, submitted via letter from Charter CEO Tom Rutledge to TWC Chief Rob Marcus, follows three private offers submitted since June that have all been turned down by the nation’s second-largest cable company. TWC rejected the bid as “grossly inadequate.” Rutledge said Charter, the fourth largest cable operator, has no plans to increase the offer. Continue reading Charter Continues Pursuit of Time Warner Cable with New Bid
By
Debra KaufmanJanuary 7, 2014
On the heels of an announcement that Fitbit has partnered with fashion designer Tory Burch for a range of high-fashion wearables, Fitbit co-founder and CEO James Park spoke to CES attendees about what else is new for the pioneering fitness activity tracker. “Android compatibility is important for us,” said Park. “We’ve worked with Samsung and expanded to 12 more devices. Motion Tracker is a new feature of our iPhone app that gives people an introductory experience to fitness tracking.” Continue reading A Conversation with Fitbit CEO and Co-Founder James Park
By
Rob ScottJanuary 2, 2014
We recently reported that Gracenote would introduce ad targeting to terrestrial radio consumers in an effort to make radio ads in vehicles more relevant through personalization (the company is expected to promote its next-gen automotive platform at CES). Sony, which acquired Gracenote in 2008, recently agreed to sell the audio-recognition software business to focus on fewer products. In a deal that highlights the growing importance of metadata, the Tribune Company will pay Sony $170 million for the subsidiary. Continue reading Sony Agrees to Sell Gracenote to Tribune Co. for $170 Million
By
Rob ScottNovember 5, 2013
BlackBerry announced yesterday that it will abandon a sale of the company, following two months of talks with potential buyers including Facebook, Lenovo and private equity firms. Instead, the struggling smartphone maker plans to raise $1 billion by issuing convertible notes to long-term investors including Fairfax Financial Holdings, the company’s largest shareholder. Additionally, BlackBerry said CEO Thorsten Heins will step down. The news resulted in a 16 percent drop in share price. Continue reading BlackBerry Calls Off Company Sale, CEO Heins to Step Down