Ericsson and Cisco Systems, leaders in mobile and Internet equipment respectively, are forming an alliance to beat back the competition, enjoy synergies in the mobile market and target the growing fields of Internet of Things and 5G. The alliance isn’t a merger, but in many ways acts like one: Ericsson and Cisco plan to integrate their existing equipment, combine some sales and consulting areas and perhaps develop new hardware and services. Competitors include Chinese company Huawei and Nokia, which just bought Alcatel-Lucent. Continue reading New Ericsson, Cisco Alliance to Impact Internet of Things, 5G

Though LeTV is little known in the U.S., that’s about to change. The Chinese online video and consumer electronics behemoth, which posted an estimated $1.6 billion in revenue last year, is about to introduce U.S. consumers to its Android-based smartphone, a bike with an integrated GPS device, smart TVs with voice control, a 4K video streaming box and a VR headset. The company plans to initially focus on the 3 million Chinese speakers in the U.S. but has also inked a two-picture deal with “Lion King” director Rob Minkoff. Continue reading China’s LeTV Brings VR Headset, Smart TV, More to the U.S.

“Hunger Games,” “Divergent” and “Twilight” are Lions Gate Entertainment hits now morphing into theme park attractions in the U.S., U.K., China and the United Arab Emirates. Two theme parks near Atlanta and Macau, built by different companies, will host a “Hunger Games” stage show already slated to be performed in London and as part of a Lionsgate zone in a $3 billion entertainment complex being built in the United Arab Emirates. Meanwhile, 20th Century Fox announced yesterday that it plans to open a theme park in Dubai in 2018 that features Fox movies and TV shows such as “Aliens,” “Ice Age,” “The Simpsons” and “Sons of Anarchy.” Continue reading Lionsgate and Fox to Mold Movies into Theme Park Attractions

Qualcomm, which dominates the mobile phone chip market, is preparing to launch a new chip containing 24 processing cores, designed for server computers that run corporate networks and are the backbone of the Internet. Up until now, Intel has been the leader in that arena, but Qualcomm, slated to report its first annual decline since 2009, is eager to seek out new areas of growth and believes that providing an alternative chip to the operators of data centers could be worth $15 billion by 2020. Continue reading Qualcomm to Challenge Intel in Growing Server Chip Market

Although everyone is talking about 5G, no one has defined it — up until now. China and the European Union have agreed to create a working definition for 5G by the end of the year. If they do, their agreement could go far in forcing the issue in an environment in which others are posturing and issuing statements with little detail. Meanwhile, the International Telecommunications Union (ITU), which defined 3G and 4G, is also working on the standard but is unlikely to choose a technical standard until February 2016. Continue reading China and European Union to Create Working Definition for 5G

Apple broke its first-weekend sales record, after selling 13 million iPhone 6s and 6s Plus phones since Friday. That figure bests the 10 million iPhone 6 and 6 Plus devices sold last year during the first weekend. The increase is likely the result of market selections; this year the new phones were made available in China, one of Apple’s biggest markets, but last year China was not included in the first weekend. The sales figures were in line with some analysts’ expectations. Daniel Ives at FBR Capital projected 13 million in sales, while Gene Munster of Piper Jaffray predicted 12 to 13 million. Continue reading Apple’s New iPhones Set a New First-Weekend Sales Record

During a visit with U.S. tech leaders, Chinese President Xi Jinping emphasized cooperation between Chinese and U.S. technology sectors, and highlighted opportunities for U.S. commercial relations in light of China’s “relatively high” growth over a long period of time. Although recent research has tied Chinese hacks to a military unit there, Xi protested that both countries are victim of cybertheft and all hackers are subject to international law. He vowed to ease issues creating friction between the two countries. Continue reading China President Seeks Commercial Ties with U.S. Tech Firms

For the first time, Apple’s iOS mobile operating system was targeted with a large-scale malware attack, infecting several popular Chinese apps and exposing vulnerability in Apple’s mobile platform. The origin of the hack was an unauthorized version of Apple’s developer tool kit, hosted on the Baidu Pan cloud, which was touted as taking much less time to download than the official toolkit, Xcode. An unknown number of apps were infected, but one Chinese security company, Qihoo 360 Technology, estimates 344. Continue reading Malware Attacks Apple iOS App Store, Infects Over 300 Apps

On October 5, the Apple Watch Hermès, priced between $1,000 and $1,500, will go on sale in Apple and Hermès stores in 14 countries including the U.S., China, France and Switzerland. The new watch is Apple’s first partnership with a luxury brand, and also the first time that Apple has permitted another brand’s components — in this case, signature watchbands, clasps and fonts — on one of its products. The Apple Watch Hermès was the most expensive new item at Apple’s recent new product introduction. Continue reading Apple Partners with Luxury Brand Hermès on New Smartwatch

Forty-five million small business use Facebook Pages, and the Silicon Valley company is now upgrading the app to make it easier for them to make money with the feature by reaching mobile users. The upgrade includes a tabbed mobile layout, so businesses can display storefront sections and let visitors shop for products or look at a list of services. The new Pages also makes it much easier for a user to contact the small business in question, with Call Now, Send Message and Contact Us graphics bigger, more prominent and colorful. Continue reading Facebook Builds Pages into Digital Mall for Small Businesses

Two years ago, venture investor Aileen Lee coined the term “unicorn” for what was then a fairly rare commodity: a startup company that investors valued at $1 billion. In the current market, at least 131 startups are valued at a total of $485 billion, says research firm CB Insights, making the designation “unicorn” — a mythical beast — less accurate. Apparently, unicorns not only exist, but only half of the current crop hail from their birthplace in Silicon Valley. And they now focus on a wide variety of industries. Continue reading Over 131 Startups Now Valued at $1 Billion, Says CB Insights

Since launching Apple Music on June 30, Apple reports 11 million users have signed up for a three-month trial to access 30 million songs. If they all become paying members, by October the Silicon Valley firm will have half the membership of leading music streamer, 10-year old Spotify. Apple is launching a comprehensive marketing campaign — with billboard, TV and radio ads — for the new streaming service. In the fall, it will roll out its Android version of Apple Music in beta. Continue reading Apple’s Plan to Dominate Streaming Music Off to a Good Start

The Chinese government stated it will place cybersecurity police units at the country’s major Internet companies and websites, to prevent fraud, other illegal activities and the amorphously phrased “spreading of rumors,” reports the state-owned Xinhua News Agency. The Internet in China is monopolized by three major companies: e-commerce site Alibaba, Tencent for gaming and messaging, and search engine Baidu. Neither Facebook nor Google operate in China; LinkedIn, which has agreed to China’s cybersecurity measures, does. Continue reading China Ratchets Up Internet Control with On-Site Cyber Police

Nokia has sold its Here digital mapping unit, a global competitor to Google Maps, to German automakers Audi, BMW Group and Daimler for $3 billion. Since the sale of its mobile phone unit to Microsoft for $7.6 billion last year, Nokia has been putting efforts into its telecom network infrastructure business, which supplies carriers like AT&T and China Mobile with communication equipment. The three German auto companies will use the mapping tech for autonomous driving plans, which they will license to other companies. Continue reading Nokia Sells Mapping Unit to German Carmakers for $3 Billion

President Obama recently signed an executive order, the National Strategic Computing Initiative (NSCI), with the intention of creating the first exaflop supercomputer. This computer would be about 30 times faster than today’s fastest machine, and would be geared toward the development of ongoing scientific and defense research projects. Although the supercomputer would be useful for a vary of governmental projects, many see this initiative as a response to China’s 33.86 petaflop Tianhe-2, now the fastest supercomputer in the world. Continue reading President Obama Signs Order for New Supercomputer Initiative