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Vendor News

Apple Buys More Machine Learning With Turi

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Apple Buys More Machine Learning With Turi

Apple sets to push further into machine learning and artifical intelligence as it acquires Turi, a company self-described as a “machine learning platform for developers and data scientists.”

News of the acquisition first emerged from the rumour mill, before Apply dryly confirmed the deal with the usual "Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans” statement. As such no financial details are available, even if GeekWire claims Turi cost over $200 million.

Formerly known as Dato (and before that GraphLab), Turi develops tools for developers wanting to build apps with machine learning and AI capabilities, such as recommendation engines, fraud detection, customer churn prediction, sentiment analysis and customer segmentation. It also runs the Data Science Summit, a 2-day conference with a focus on (shockingly enough) data science.

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Intel Wants Out of the PC Business

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Intel Wants Out of the PC Business

Intel appears to want out of the industry that made its fortune-- the company's latest 10-Q filing shows PCs no longer have a place in the Intel vision chart, being thrown under the "Things & Devices" umbrella.

Such a move might not come as so much of a surprise, seeing how the PC industry is currently all about woes related to sales declines. And since it failed to capitalise on the success of mobile devices (another product category currently going through less than stellar fortunes, mind), Chipzilla appears to be shifting attentions wholly towards datacentres and the myriad things making the Internet of Things.

"As more 'things and devices' become smart and connected to the cloud, there is greater demand for data centers to not only connect these devices, but also to capture and analyze the data they create," the filing reads.

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Facebook Shares Open 3D-360 Video Capture System

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 Facebook Shares Open 3D-360 Video Capture System

Facebook designed and built a durable, high-quality 3D-360 video capture system—and they are sharing it.

Why? Facebook wants to create a pro end-to-end system to capture, edit, and render high-quality 3D-360 video. They expect this contributes to the emerging 3D-360 camera landscape by enabling more VR content producers and artists to produce 3D-360 video.

The open-source system includes a design for camera hardware and the accompanying stitching code-- and both are available on GitHub this summer. Developers can leverage the Facebook designs Read more...

Cloud Drives Wall Street-Beating Microsoft Results

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Cloud Drives Wall Street-Beating Microsoft Results

Microsoft concludes fiscal 2016 on a positive note, with GAAP net profit for the quarter ending 30 June reaching $3.1 billion, an improvement from the $3.2bn loss seen on the same period last year.

Revenues for the quarter total $20.6bn, a -7% Y-o-Y drop. For the full year, GAAP revenues are down by -9% to $85.3bn, while net profit is up by 38% to $16.8bn. Driving such results is the Azure cloud business, not to mention a lack of the $8.4bn Nokia writedown and restructuring.

"This past year was pivotal in both our own transformation and in partnering with our customers who are navigating their own digital transformations," CEO Satya Nadella says. "The Microsoft Cloud is seeing significant customer momentum and we are well positioned to reach new opportunities in the year ahead."

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Japan's SoftBank Buys ARM

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Japan's SoftBank Buys ARM

SoftBank buys British chip designer ARM for £24.3 billion in cash-- an acquisition the Japanese telecommunications group hopes will turn it into a mobile industry leader.

The acquisition of the Cambridge-based ARM is the largest of a European technology business so far, and comes just a week after the UK voted to leave the EU. ARM is actually fairly well insulated against Brexit, being a global smartphone chip leader with earnings made in US dollar.

"This is one of the most important acquisitions we have ever made, and I expect ARM to be a key pillar of SoftBank's growth strategy going forward," SoftBank founder Masayashi Son says. The deal is the first since Son rescinded his retirement plans, pushing out heir apparent Nikesh Arora, a former Google exec.

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Toshiba Details European PC Plans

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Toshiba Details European PC Plans

Toshiba unveils its European PC plans for next financial year, with hopes for double-digit growth across key verticals through a "more focused" distribution strategy.

“For us, last year was about refocusing and ensuring we put ourselves in the best possible position to thrive in a competitive sector. We focused on laying the foundations for a structure that gives us the freedom to forge deeper and even more effective relationships with our partners and end-users," the company says. "This was crucial in informing the direction we take our range of dedicated business devices and future solutions, as we take the unique step of assuming complete control of the design and manufacturing process.”

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Wick Hill and Zycko Become Nuvias Group

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Wick Hill and Zycko Become Nuvias Group

Rigby Private Equity (RPE) creates the Nuvias Group, a holding company for a pan-EMEA high-value distributor formed by Wick Hill and Zycko.

Nuvias insists there will be no changes for vendors and resellers dealing with the two companies, with both continuing operations from their current sites, with existing staff, and headed by their respective heads.

However RPE adds the future will see more acquisitions of value-add specialist distributors, as well as the addition of more countries, services provided, and new vendor and reseller partners. The Nuvias portfolio currently consists of networking, infrastructure, security, communications, storage, continuity, recovery, access, performance, monitoring and management.

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