Apple Is First U.S. Firm to Surpass $1 Trillion in Market Value

Although Q3 is typically Apple’s weakest quarter, the company revealed stellar revenue, proof of its success in finding ways to grow in a diminished global smartphone market. Chief executive Tim Cook said the company is reaching into emerging markets and expanding its services business, to achieve “strong double-digit growth in revenue.” According to Apple finance chief Luca Maestri, demand for the iPhone X, 8 and 8 Plus have been steady. On Tuesday, Apple’s market value hit $950 billion. By Thursday, Apple had become the first U.S. company to exceed $1 trillion in market value. Continue reading Apple Is First U.S. Firm to Surpass $1 Trillion in Market Value

Samsung Reportedly Plans to Debut Foldable Phone in 2019

Samsung Electronics plans to debut a smartphone, codenamed “Winner,” with a foldable screen early next year, according to sources. The screen measures about 7 inches diagonally and can be folded in half, similar to a wallet. In the folded position, the exterior has cameras on one side and a small display bar on the other. Unfolded, the phone will be almost entirely screen. Samsung’s phone could help spark a comeback in the smartphone market, where sales have dipped 0.3 percent in 2017, the first in the industry’s history, notes IDC. Continue reading Samsung Reportedly Plans to Debut Foldable Phone in 2019

Google Quietly Working on Fuchsia as Successor to Android

Google engineers are working on Fuchsia, a project to create software that would replace Android. The new software is designed from the ground up to offer improved voice interactions, frequent security updates and “look the same” across multiple devices from laptops to IoT sensors. The move is in line with chief executive Sundar Pichai’s stated goal of integrating artificial intelligence with consumer products. Google first started posting Fuchsia code in 2016, and allowed some app developers to try out open source code. Continue reading Google Quietly Working on Fuchsia as Successor to Android

Google Expected to Be Issued Major Antitrust Fine in Europe

The European Commission, executive arm of the European Union, is expected to issue a multibillion-euro antitrust fine against Google, according to insiders. Google will likely be charged with forcing the company’s search and Web browsing tools on manufacturers of Android-equipped mobile devices, which affects Google’s ecosystem and its successful advertising business. In addition to a hefty fine, Google will likely be ordered to make adjustments to its business practices in Europe related to Android, the most widely-deployed mobile operating system in the world. Continue reading Google Expected to Be Issued Major Antitrust Fine in Europe

Samsung’s Next Frame TV Improves Smart Controls, HDR

Samsung announced that its next-gen Frame TV — which doubles as a rotating art display — features an updated artwork UI, expanded art library and additional customization features. The 4K UHD screen has been upgraded from HDR Pro to HDR10+ — and now comes with Bixby so that users can control the TV and compatible home devices by voice. The unit also touts new smart capabilities that make it easier to transfer Wi-Fi and Samsung account info from smartphones to the TV set via Bluetooth Low Energy. The new 55-inch Frame TV is available for $1,999, while the 65-inch version runs for $2,799. Continue reading Samsung’s Next Frame TV Improves Smart Controls, HDR

Apple and Samsung Settle Legal Battle Over Phone Patents

Apple and Samsung have settled their long-running patent dispute over allegations that Samsung had violated design and utility patents by copying various iPhone features. The seven-year battle began in 2011, initially resulting in a $1 billion ruling in favor of Apple. However, a number of appeals and countersuits sent the case to the Supreme Court and back, until yesterday when the two companies informed Judge Lucy Koh in a court filing that they had finally reached a settlement. Terms of the new agreement were not disclosed, but Samsung previously paid Apple $399 million for patent infringement. Continue reading Apple and Samsung Settle Legal Battle Over Phone Patents

Oculus TV Debuts as Smart TV for Viewing in Virtual Reality

Oculus officially debuted Oculus TV, a free app and dedicated hub for watching flatscreen video in virtual reality via the Oculus Go headset. By introducing Oculus TV, first announced at last month’s F8 conference, the company makes good on its interest in non-gaming uses of VR. Oculus TV features a virtual home theater with what Oculus says is the equivalent of a 180-inch TV screen, and supports access to streaming video services including Showtime, free web service Pluto TV, Red Bull TV, and Facebook Video. Continue reading Oculus TV Debuts as Smart TV for Viewing in Virtual Reality

Samsung Fund to Boost Startups with New Approaches to AI

Some startups are trying to create another form of AI than deep learning, to minimize the amount of training, data and server power needed. Samsung Next, the South Korean company’s venture capital unit, just launched the Q Fund to jumpstart this idea by funding companies focusing on new ways of developing artificial intelligence. One of Q Fund’s first investments is Vicarious, a startup that wants to give machines “imagination” and is inspired by biology to make machines learn more quickly. Continue reading Samsung Fund to Boost Startups with New Approaches to AI

Samsung Could Launch Foldable Galaxy X Phone Next Year

After working on foldable displays for years, multiple reports suggest that Samsung may be ready to introduce its first flexible smartphone in 2019 (possibly in time for Mobile World Congress in February). Dubbed the Galaxy X, the phone could cost as much as $1,850, according to Kim Jang-yeol of Golden Bridge Investment. Components needed to produce the new phones have reportedly already been ordered by the South Korean company, and in its end-of-2017 financial report Samsung addressed plans to “differentiate its smartphones by adopting cutting edge technologies, such as foldable OLED displays.” Continue reading Samsung Could Launch Foldable Galaxy X Phone Next Year

Highlights From Mary Meeker’s 2018 Internet Trends Report

Noted venture capitalist and Kleiner Perkins Caufield & Byers partner Mary Meeker recently released her annual Internet Trends report at the Code Conference in Rancho Palos Verdes, California. Among the 294 slides, Meeker explained that smartphone shipments did not grow in 2017, and Internet user growth slowed to 7 percent (more than half the world is already online). However, people are spending more time online. Of the 5.9 hours per day that U.S. adults spent on digital media last year, 3.3 were spent on mobile, which is leading the charge in digital media consumption. Continue reading Highlights From Mary Meeker’s 2018 Internet Trends Report

Amazon Debuts 4K Fire TV Cube With Alexa-Centric Strategy

Amazon, which started shipping its Fire TV video streaming devices four years ago, is now planning the release of its 4K Fire TV Cube, which combines Fire TV capabilities with Amazon Echo and acts as a TV control center for other devices. Fire TV Cube offers built-in Alexa and was designed with a “voice first” strategy to, as Amazon Fire TV vice president of product development Sandeep Gupta said, “highlight the use of voice.” Priced at $119, Fire TV Cube is the most expensive device in the segment and the sleekest. Continue reading Amazon Debuts 4K Fire TV Cube With Alexa-Centric Strategy

Facebook Faces Another Privacy Issue Due to Software Bug

Facebook revealed that a software bug was live for 10 days during May and, as a result, may have affected up to 14 million users. The company explained that millions of users who believed they were sharing privately with their friends or small groups may have actually shared their information publicly; the bug apparently updated the audience selector to “public” without notifying users. Facebook announced it plans to contact the individuals that may have been impacted. “We’d like to apologize for this mistake,” said Facebook’s chief privacy officer Erin Egan in a statement yesterday. Continue reading Facebook Faces Another Privacy Issue Due to Software Bug

Facebook Criticized for Sharing User Data with Device Makers

Over the last ten years, Facebook inked agreements with at least 60 phone and device manufacturers to share access to troves of users’ personal information. Among those manufacturers are Amazon, Apple, BlackBerry, Microsoft and Samsung, in addition to several Chinese electronics companies. These data-access partnerships started before Facebook apps were widely available on smartphones. As a result of these deals, Facebook increased its influence as a social media platform, and device makers offered popular features including “like” buttons, messaging and address books. Continue reading Facebook Criticized for Sharing User Data with Device Makers

Qualcomm Debuts Snapdragon 850 for Windows PCs and IoT

Qualcomm has built numerous specialized chips for the Internet of Things and, at Computex 2018, it unveiled the Snapdragon 850 processor designed for Windows devices. The goal is for the chip to enable Qualcomm’s many partners to build a new generation of Windows-on-Snapdragon devices for the holiday season. Samsung already stated it is working on a Snapdragon 850-enabled 2-in-1 PC. The new chip is intended for devices larger than a smartphone and offers the ability to run at higher clock speeds without overheating. Continue reading Qualcomm Debuts Snapdragon 850 for Windows PCs and IoT

Manufacturers Show Higher-Res VR Headset Display Panels

During Display Week in Los Angeles, several VR headset displays were showcased by companies including Google, LG, Japan Display and Samsung. Google and LG developed a display panel with 18.1 megapixels of detail per eye, which was similar to those from Japan Display and Samsung. The Google/LG panel, at 18.1 megapixels, goes up against Oculus Rift’s 1.3 megapixel per eye and HTC Vive Pro’s 2.2 megapixel per eye. Facebook was also at Display Week, but wasn’t quite ready to show off its Half Dome varifocal prototype. Continue reading Manufacturers Show Higher-Res VR Headset Display Panels

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