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Sony under pressure to spin off entertainment unit

Sony under pressure to spin off entertainment unit

Sony is once again being squeezed by one of its biggest investors to split itself up by spinning off its entertainment division.

Third Point hedge fund founder Daniel Loeb sent a letter on Tuesday to Sony CEO Kazuo Hirai urging him to set up a semi-independent board to run a spun-off and public entertainment company, Reuters reported. Loeb recently upped his fund's investment in Sony to 70 million shares, or almost 7 percent of the company, a stake worth around $1.4 billion.

Loeb has argued that Sony has been unable to successfully run its entertainment division, which includes … Read more

Yahoo reportedly eyeing two more acquisitions

Yahoo reportedly eyeing two more acquisitions

Yahoo may be looking to continue its spending spree with the acquisitions of a couple of app makers.

Yahoo has reportedly offered to pay $30 million to $40 million to buy Xobni, AllThingsD reported Monday, citing "numerous sources" close to the company.

Xobni, which is "inbox" spelled backwards, offers desktop and mobile apps that can automatically create an address book based on your e-mails. As such, Yahoo may be eyeing the Xobni as a natural fit for its own online mail service.

And there's a common thread between the two companies, AllThingsD noted. Xobni's … Read more

Nvidia's graphics brawn powers supercomputing brains

Nvidia's graphics brawn powers supercomputing brains

Nvidia, trying to move its graphics chips into the supercomputing market, has found a niche helping engineers build brain-like systems called neural networks.

For years, the company has advocated the idea of offloading processing tasks from general-purposes central processing units (CPUs) to its own graphics processing units (GPUs). That approach has won over some researchers and companies involved with neural networks, which reproduce some of the electrical behavior of real-world nerve cells inside a computer.

Neurons in the real world work by sending electrical signals around the brain, but much of the actual functioning of the brain remains a mystery. … Read more

Ready or not, compulsory Creative Cloud cometh

Ready or not, compulsory Creative Cloud cometh

It's been a bumpy few weeks for Adobe since announcing its controversial decision to move all its "perpetual license" Creative Suite applications to a subscription-only plan -- almost 32,000 people have signed a petition against the move and our own survey with Jeffries indicates that "Creative Suite users loathe Adobe's subscriptions" -- but as of Monday night it's officially here.

If you've bought into or opt to buy into the plan, you'll get a host of interesting application updates, settings sync via the cloud, and access to all of Adobe'… Read more

AT&T's 4G LTE wins award for 'fastest mobile network'

AT&T's 4G LTE wins award for 'fastest mobile network'

AT&T has been crowned the leading mobile network provider in a new study from PC Magazine.

The news outlet on Monday posted the results of its mobile network research to determine which company -- AT&T, Sprint, T-Mobile, or Verizon -- had the fastest speeds in the United States. PC Magazine, which analyzed results across 30 cities, found that AT&T had the top 4G LTE network with average download speeds of 16.7 megabits per second and average upload speeds exceeding 7.4 megabits per second.

Although Verizon and AT&T are considered the … Read more

Telefonica refutes report of AT&T takeover bid

Telefonica refutes report of AT&T takeover bid

Telefonica is throwing cold water on a report that AT&T made an offer to acquire it.

In a statement released Monday, the Spanish telecommunications giant said that "in relation to press rumors published today, Telefonica states that it has not received any approach, nor any indication of interest, neither verbal nor in written form, from any party."

Telefonica was responding to a story published Monday by Spanish newspaper El Mundo saying that AT&T had initiated a tender offer to acquire the company to the tune of 70,000 million euros ($93 billion) and take … Read more

Samsung mass-producing speedier solid-state drives

Samsung mass-producing speedier solid-state drives

Apple's new MacBook Air has adopted faster solid-state drives made by Samsung. But Apple won't be the only beneficiary.

Samsung announced Monday that it has started mass-producing new PCIe solid-state drives aimed at the next generation of ultrabooks. SSDs that use a PCIe connection offer faster speeds than those outfitted with SATA (Serial ATA) connections.

As one example, Samsung's XP941 SSD can read data sequentially at 1,400 megabytes (1.4 gigabytes) per second, the highest speed offered by a PCIe 2.0 interface. In the real world, that means the drive can read 500GB of data … Read more

Chinese supercomputer tops the charts -- two years early

Chinese supercomputer tops the charts -- two years early

Performing more than 33 quadrillion calculations per second, a new Chinese supercomputer called Tianhe-2 arrived two years earlier than expected to claim the top spot in a list of the 500 most powerful supercomputers in the world.

The Top500 list, updated twice a year at the International Supercomputing Conference, measures performance for mammoth systems typically used for jobs like modeling nuclear weapons explosions and forecasting global climate changes. And the Chinese machine, at the National University of Defense Technology, is more mammoth than most.

The Tianhe-2 has 32,000 Xeon processors boosted by 48,000 Xeon Phi accelerator processors for … Read more

One reason Apple is hard to beat

One reason Apple is hard to beat

Apple products aren't perfect, but they get a lot closer than most.

One reason for Apple's success can be summed up nicely in the 13-inch MacBook Pro Retina.

At first blush, it seems uncharacteristically pedestrian and unrefined for an Apple product. It doesn't have the usual Apple panache or design boldness. And it's thicker -- despite being smaller -- than the 15.4-inch Pro Retina. … Read more

It's curtains for Songbird

Songbird, an iTunes alternative that originally combined music playback and management with Web-based music discovery, will exit stage left permanently at the end of the month.

CEO Eric Wittman revealed in a blog post that Songbird will no longer be maintained as of June 28, and that its parent company, Pioneers of the Inevitable, also would be closing down.

"[T]he company has found ourselves unable to fund further business operations," he said. The open-source desktop version of Songbird, its mobile apps for Android and iOS, and its music discovery service Songbird.me will all go dark. Wittman … Read more

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