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By Paul Sandle LONDON (Reuters) - Mike Lynch, who sold software firm Autonomy to Hewlett-Packard for $11 billion (6.73 billion pounds), is backing a start-up focused on augmented reality - the ability to overlay information on a real-world background which some see as the next big digital craze. The technology aims to help a device such as a mobile phone to recognise objects in the real world, such as a building, and overlay relevant information onto the image on its screen. The undisclosed investment is the second by Invoke Capital, a $1 billion fund set up by the British entrepreneur after he left Autonomy last year just seven months following the HP takeover that netted him about $760 million.
By Paul Sandle LONDON (Reuters) - Mike Lynch, who sold software firm Autonomy to Hewlett-Packard for $11 billion, is backing a start-up focused on augmented reality - the ability to overlay information on a real-world background which some see as the next big digital craze. The technology aims to help a device such as a mobile phone to recognize objects in the real world, such as a building, and overlay relevant information onto the image on its screen. The undisclosed investment is the second by Invoke Capital, a $1 billion fund set up by the British entrepreneur after he left Autonomy last year just seven months following the HP takeover that netted him about $760 million.
With the excitement for X-Men: Days of Future Past beginning to bubble over, Marvel has announced that Magneto will receive his own series next March. The new title, part of Marvel's ongoing "Marvel NOW!" initiative, will involve Erik Lehnsherr taking on the role of anti-hero as he doles out violent justice against enemies of mutantkind. Magneto will cut loose with the fury of a supervillain As a result of the events of 2012's Avengers vs. X-Men event, Magneto was nearly de-powered after suffering a blast from the Phoenix Force.
Verizon's FiOS mobile apps for Android and iOS are about to get significantly more appealing, as the carrier has just added 16 additional channels for out-of-home live streaming. When this feature debuted back in September, it only supported nine channels, including the Travel Channel and the BBC. As of today, though, FiOS customers will also have access to Encore, Showtime, Starz and many more.
Black Friday and Cyber Monday might be a distant memory, but Microsoft is creating 12 days of deals at its own retail stores to continue the bargains in the run up to Christmas. The first day of sales commences on Monday, with Microsoft Stores selling Dell’s Venue 8 Pro tablet for just $99. It’s an incredibly good deal for an 8-inch tablet running a full copy of Windows 8.1, but there’s a slight catch: there’s only 20 at each of Microsoft’s 51 stores across the US for the initial $99 price. Microsoft is planning to hold additional sales over 12 days from Monday onwards, and if the initial deal is anything to go by then there could be even greater bargains over the next few weeks.
Noting that the federal government must lead the way in the United States' use of clean energy, President Obama issued a directive today to further reduce reliance on non-renewable sources of electricity. Through a memorandum, Obama ordered the government to more than double its current reliance on renewable energy by 2020. If the goal is met, at least 20 percent of the government's energy will come from renewable sources by then, with that number slowly rising up beginning with a minimum of 10 percent in 2015.
AT&T made waves on Thursday morning with the announcement of its new Mobile Share Value plans, offering a large segment of its customers cheaper data plans just in time for the holidays. Perhaps unsurprisingly, T-Mobile was chomping at the bit to issue a response. CNET received an email from T-Mobile marketing executive Andrew Sherrard in which Sherrard said that AT&T’s new Mobile Share plans are confusing, expensive and miss the mark. “After you do the complicated math, in multiple cases, these new plans are actually a price hike for customers,” Sherrard said. It is true that for many customers the new data plans won’t provide much, if any, additional savings, but those with off-contract devices will welcome the change. Sherrard argues
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AT&T and T-Mobile are both eyeing valuable spectrum that Verizon Wireless holds but isn't currently putting to use, according to a report from The Wall Street Journal. The spectrum in question comes from the 700MHz A-block. Verizon paid $2.4 billion for the licenses to those airwaves, which offer better building penetration than higher frequencies, but the largest US carrier hasn't yet put the spectrum to use. "The A spectrum is out there, and if someone walks up to me with an offer, we will entertain it," Verizon CFO Fran Shammo has said.
By Joseph Menn SAN FRANCISCO (Reuters) - Microsoft Corp pledged late Wednesday to fight in court any attempt by U.S. intelligence agencies to seize its foreign business customers' data under American surveillance laws, one of a series of steps aimed at reassuring nervous users abroad. "We are committing contractually to not turning it over without litigating that issue," Microsoft General Counsel Brad Smith said in an interview. However, Microsoft has turned over data on non-U.S.-based individuals using its email and other services, as required under FISA laws. Microsoft and other companies are suing the government for the right to disclose how frequently that happens.
Sending large pieces of high-density glass into space is an expensive and tedious endeavor, which is why a new project from the US Defense Department has turned to plastic instead. The US Department of Defense's Advanced Research Projects Agency (DARPA) today announced a new plastics-based orbital telescope that can fold out and create considerably larger, lighter and cheaper lenses than traditional glass-based optics. The project is called Membrane Optical Imager for Real-Time Exploitation, or MOIRE for short. DARPA's using polymer membrane, which comes in at one-seventh the weight of glass.
In 2011, a video was recorded of then 24-year-old programmer and Internet activist Aaron Swartz breaking into a computer closet at the Massachusetts Institute of Technology. It showed him switching out a laptop hard drive that had collected thousands of articles from JSTOR, the online academic library. The footage of Swartz and his rigged laptop had since become famous -- not because it's been viewed by millions online, but because U.S. prosecutors used it as evidence of computer and wire fraud against the young coder, who eventually committed suicide while under federal investigation. ...
Apple’s brand dominance has pushed the company to the top of several lists throughout 2013, and it might also be a deciding factor for shoppers in the market for consumer electronics this holiday season. According to research from Parks Associates, Apple is the top brand in a wide range of categories, including tablets, laptops, smartphones, home networking routers, MP3 players, and streaming media devices. For the first time ever, Apple has even overtaken Dell as the preferred brand of desktop computers. “Being the ‘preferred’ brand is certainly an advantage, but consumers can still change their minds,” said Parks Associates’ John Barrett. ”For example, with streaming media players, Apple is the preferred brand, but many shoppers ultimately end up getting a Roku.
NEW YORK (AP) — AT&T is joining T-Mobile in reducing monthly fees for people who pay for their own devices.
Birds are used to being the only bird-sized things in the sky. They also have sharp beaks and no morals. No other flying thing stands a chance. Unfortunately for those Amazon delivery drones that may or may not be in our future, territorial aggression + tiny flying robots = undelivered packages. As Slate points out, people with model planes and helicopters have been battling birds for airspace for years, and these package drones would probably face a similar struggle. Read more at Slate. In the above video, a man's radio-controlled drone was attacked by a flock of birds. The birds
Giant Mexican telco America Movil and broadcaster Televisa, the two companies likely to be most affected by the country's telecoms reform, said on Thursday the regulator has told them it was determining whether they are dominant players in the sector. The notifications are the first step in a process mandated by a telecoms reform passed by Mexico's Congress earlier this year that gives the new Federal Telecommunications Institute (IFT) powers to clamp down on dominant players and spur competition. America Movil, the telecoms behemoth controlled by Mexican billionaire Carlos Slim, later said that it and its subsidiaries, including fixed-line operator Telmex, have also been placed under review by the watchdog and asked to hand over information about the size of the market. America Movil said it had received a notice "related to the beginning of a process toward the probable determination of being a dominant economic agent in Mexico's telecommunications market.
While Comcast has long offered movie rentals through its various on-demand cable services, we were a little surprised to see the provider start offering the ability to purchase digital movies and keep them forever. Despicable Me 2 became available to purchase across digital retailers like iTunes, Amazon, and Comcast's Xfinity service on November 26th — and Comcast says that it was the number one purchase destination during that first week of availability. Comcast also says that it was the top destination that week (as well as the week prior) for those looking to buy The Hunger Games, a movie obviously buoyed by its recently-released sequel. Of course, that's only two movies, so it's impossible to truly say how widespread usage of Comcast's new service is just yet — but being the top retailer for a major new release like Despicable Me 2 certainly is a good start.
NBC News is reporting that South African civil rights icon Nelson Mandela has died at the age of 95. Known throughout the globe for his role in dismantling the South African apartheid regime, Mandela had been treated for a persistent lung infection earlier this year, and in recent days had retreated to his Johannesberg home. "He is now resting," South African President Jacob Zuma said. Mandela began as an activist with the African National Congress, arranging general strikes and "Defiance Campaigns" in protest of the policies of apartheid.
By Paul Carsten and Jane Lanhee Lee BEIJING (Reuters) - The website of China's biggest Internet video company Youku Tudou Inc was once a haven for illicit Hollywood blockbusters and hit South Korean soap operas, until it realised piracy really doesn't pay. Now the company that controls almost a third of China's booming online video market forks out more than a billion yuan ($164 million) a year on licenses so it can legally distribute movies and shows like "The Walking Dead", a strategy expected to result in its first ever quarterly net profit. And to protect this market share, Youku Tudou employs a dozen sleuths who scour the web for pirated content, highlighting how China's online video industry is courting higher advertising revenues and better relations with foreign media firms by cracking down on illegal content. "The biggest challenge is that there are more new ways to pirate video as the technology develops," Lu Changjun, the head of Youku Tudou's Internet police squad, told Reuters.