Category Archives: Business

Why Groupon and Living Social Are Doomed

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This effect has been confirmed empirically by a team of marketing researchers who tracked three businesses for a year after they offered a social coupon. All three companies lost money the month they offered the coupon and will have difficulty earning it back. According to analysis done by the two researchers,
V. Kumar and Bharath Rajan, the companies would need 15, 18, and 98 months (almost eight years) to earn back their lost profits. The reason? “The three businesses had difficulty retaining most of the new customers who were attracted to the coupon offers,” the two researchers wrote in the MIT Sloan Management Review.

via Why Groupon and Living Social Are Doomed – The Daily Beast.

Google Must Pay For Libelous Search Result, Says Court

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The jury at the Supreme Court of Victoria agreed with Google up to a point. The company wasn’t responsible for the results until Trkulja asked it to take them down, it said. (Read the decision in full here.) Because it stuck to its guns, Google must pay $200,000 in damages..

via Google Must Pay For Libelous Search Result, Says Court.

Cisco Acquires Meraki to Strengthen Cloud Networking

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Meraki boasts a number of cloud-related offerings, from Ethernet switches and security appliances to a mobile device management platform and wireless LAN. Founded in 2006 and subsequently funded by a number of prominent firms, including Sequoia Capital and Google, Meraki touts itself as a shop for “easy-to-manage wireless, switching, and security solutions.” Business segments include supporting Bring Your Own Device (BYOD) shops, retail analytics, and massive networks managed from a central point.

via Cisco Acquires Meraki to Strengthen Cloud Networking.

Also from: Cisco to Buy Cloupia for Cloud Management – IP & Convergence – Telecom News Analysis – Light Reading Service Provider IT

Service Provider Information Technology (SPIT) player Cloupia calls itself a “a leading data center orchestration and cloud management software provider” and has worked with Cisco and NetApp Inc. (Nasdaq: NTAP), providing management for Cisco switches and NetApp storage appliances. The company’s speciality is providing provisioning, monitoring and management for physical, virtual, and cloud environments.

We’ve passed peak Apple: it’s all downhill from here

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Why do I think Apple has passed its peak? There are a number of signs. The most visible recent one is the Maps debacle. Replacing Google Maps with an obviously inferior experience shows how much Apple has changed. Apple’s success had been all about offering users the best possible experience; suddenly it is willing to give users a clearly worse experience to further its corporate interests – in this case its long-running dispute with Google. We might expect this sort of behaviour from Microsoft, but we don’t expect it from Apple.

via We’ve passed peak Apple: it’s all downhill from here | Technology | guardian.co.uk.

Icahn: Netflix Sale Has ‘Crossed Our Minds’

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He also thinks “nobody has a better platform than Netflix” to take advantage of a trend that is seeing consumers view more and more video via Internet-connected TVs, tablets and smartphones. Icahn believes Netflix should place less emphasis on older library content and spend a lot more developing original programming to help it compete with premium subscription services such as HBO.

via Light Reading Cable – IP & Convergence – Icahn: Netflix Sale Has ‘Crossed Our Minds’ – Telecom News Analysis.

Kim Dotcom Avoids “Unsafe” .Com, Picks Me.Ga for New Megaupload

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The new Mega will operate from the Gabonese domain Me.Ga. With just 98,800 Internet users in a population of 1.6 million, the African country is a small player on the Internet, but this is about to change.

via Kim Dotcom Avoids “Unsafe” .Com, Picks Me.Ga for New Megaupload | TorrentFreak.

In a notice, ironically hosted on Kim.com, Dotcom also advises other cloud hosting providers to stay away from the U.S. and refrain from operating domains that are controlled by American companies.

China Unicom replaces Cisco devices over security concerns

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As the world’s largest maker of networking equipment, Cisco occupies a large market share in China. It accounts for over a 70 percent share of China Telecom’s 163 backbone network and over an 80 percent share of China Unicom’s 169 backbone network.

via China Unicom replaces Cisco devices over security concerns – Companies & Industries – Morning Whistle – Latest chinese economic, financial, business, political and society news.

Huawei offers access to source code and equipment

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“Huawei has done a very poor job of communicating about ourselves and we must take full responsibility for that,” said John Lord, chairman of Huawei’s Australian arm.

He added that the company needed to be more open and would give the Australian authorities “complete and unrestricted access” to its software source code and equipment.

via BBC News – Huawei offers access to source code and equipment.

Phoenix NAP’s Response to Kasim Reed Shows Its Unreliability as a Data Center

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Instead of blowing off the letter as patently contradicted by section 230, Phoenix NAP took the entire Lipstick Alley web site off line without any notice. In response to a strong protest, Phoenix NAP acknowledged that its failure to give notice was a mistake in process, but it had no sympathy for Lipstick Alley’s legal rights; PhoenixNAP told me that it takes claims of defamation seriously and, without regard to the merits of the dispute, its customers must “resolve the issue with the complaining party.”

via Phoenix NAP’s Response to Kasim Reed Shows Its Unreliability as a Data Center (CL&P Blog).

Moving from love-hate to hate-hate

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Since the early 2000s, Samsung has been involved in designing of Apple’s A-range of chips as the main manufacturer. Samsung technologies contributed in the development of the A6 predecessors A5 and A5X, thanks to a broad agreement between the two companies. It now appears that the structure of the deal has been dramatically adjusted.

via Moving from love-hate to hate-hate.

As the patent war deepens, the two companies have seen a faster deterioration of their business partnership. Apple has already reduced its memory chip orders from Samsung for the iPhone 5 as it intends to widen its supply chain.

Unlike memory chips, which just read and write data, application processors control an entire computing system, therefore processor chips are more profitable.