Of course, the video's real motives are open to interpretation and speculation, but suffice it to say, Motorola is trying to drum up hype and expectation that would be equivalent to the prestige that the RAZR enjoyed back then.The RAZR is probably the phone, not a smart one, that catapulted Motorola's name back into the front page.Or to be more specific, it's implying that its next smartphone will again give the market pause, followed by a maddening rush to go out and buy one.But perhaps the more interesting aspect of the smartphone is going to be its name.This is the first Moto X fully under Lenovo's ownership and it seems that the Chinese OEM is putting its foot down on the branding.That name will still have suffixes attached, depending on the model, like the "Play" and "Style" of last year's generation, or "Droid" for the Verizon exclusive.
In the first quarter, the value of merger and acquisition deals in the U.S. entertainment, media, and communications sectors totaled $10.4 billion, the lowest value since before 2014.That s the conclusion from PwC s US Entertainment, Media & Communications EMC Deal Insights report.The decline in megadeal amounts started in the second half of 2015.In the two big deals, Dalian Wanda bought a majority stake in Legendary Pictures for an undisclosed amount, and Verizon Communications acquired XO Communications.But PwC said it remains optimistic that there will be an uptick in activity in coming quarters, with recent regulatory clearance for previously announced cable megadeals and the overall macroeconomic environment stabilizing after a volatile start in 2016.Deals in the sector are being driven by industry innovation in the highly dynamic digital ecosystem.Changing consumer demands coupled with rapid technological advancement make it essential for deal makers to seek targets that help deliver the connected experiences consumers want.In film and content, deals were led by film production and distribution studio deals.Chinese and Qatari companies increased their acquisitions, and PwC expects more foreign buyers to come forward in the coming quarters.Deal activity continued to be dominated by Internet media lifestyle and entertainment content properties targeting consumers rather than business-to-business users.In advertising and marketing, deal volumes rebounded from 45 in Q4 2015 to 58 in Q1 2016.PwC expects ad tech to grow more investment and M activity.
Betsy DerrVerizon CEO Lowell McAdam is baffled.For the past 16.5 years, I ve worked as a Customer Service Representative at Verizon s Customer Sales and Service office in Bloomsburg, PA.I help them with homework every night, and you can find me cheering at every one of their swim meets and after-school events.I can t simply pack up my entire life and move to Scranton.Now I have a question for Mr. Lowell McAdam: Is that money worth dismantling the lives of so many families?Though because the Bloomsburg office hasn t hired anyone in eight years, forced overtime can bump my pay to as much as $70,000 a year.
Alphabet CEO and Google co-founder Larry Page defended his company s development of the Android platform today during an ongoing legal battle with Oracle.Oracle sued Google in 2010, claiming that Android developers copied sections of proprietary code from Java.Google has maintained that the code in question was open source and free for its engineers to use, and that the implementation of the Java code in Android was transformative enough to be considered fair use.He defended Google s decision to use the APIs without obtaining a license from Sun Microsystems, which was later acquired by Oracle, saying that copying and reimplementing the APIs in question was a standard industry practice.Oracle attorneys presented Page with a Google slide deck that said the Android ecosystem was generating $43 billion in revenue each year.I don t know how much that has to do with Google, Page testified, adding that carriers like Verizon made a lot of money, but that doesn t do Google any good.
Bad data from Verizon is the culprit, Frontier West Region President Melinda White told lawmakers in California yesterday during a nearly-two-hour hearing held by the State Assembly's Utilities & Commerce Committee.After that, Frontier can move into a business-as-usual mode, she said.We contacted both Verizon and Frontier for more details today but haven't heard back yet.Frontier says that less than 1 percent of customers who were switched from Verizon to Frontier suffered service outages after the transition."I've got a stack of letters like this," Gatto said.The state Public Utilities Commission PUC is also to blame for not properly overseeing the transition, said Jim Patterson, a Republican lawmaker from Fresno.
Verizon Communications Inc. and others are expected to bid around $2 billion to $3 billion in the auction for Yahoo Inc. s core business, less than what the troubled Internet pioneer was expected to fetch, according to people familiar with the matter.The telecom giant is considered the front-runner in a field that includes private-equity buyers, some of whom are expected to bid in the low end of that range, the people said.Bidders have lowered their expected prices following weeks of sale presentations by Yahoo Chief Executive Marissa Mayer at the company s Sunnyvale, Calif., headquarters and its disclosure of data that detailed the company s flagging prospects.Dan Gilbert, the Detroit investor and founder of Quicken Loans, is also in the mix and may be backed by billionaire investor Warren Buffett.Youssef Squali, an analyst at Cantor Fitzgerald, last month estimated the business is worth between $4 billion and $5 billion.In meetings with potential suitors, Ms. Mayer has acknowledged that the company is still in the middle of a turnaround, according to one person who attended a meeting.
We took everything into account during our research, from the value of each plan to the amount of data parceled out each month to help you get the absolute best bang for your buck.One tip that's important to note is that Verizon charges an extra $15 per gigabyte once you've gone past your data limit, so it may be worth upping to a comfortable data tier rather than being eaten up by overage charges.Beware though - if you're a YouTube addict or you like to stream Netflix on the go, 3GB won't last long.Nevertheless, 6 additional gigabytes for only $20 more than the large plan is a steal for anyone expecting to use a chunk of data each month and this offers great value if you're going to split the allowance across two, three or even four lines.For only $100, 18GB is a surprisingly substantial load of data at your disposal.This is almost certainly overkill for single users though, unless you really are a super-heavy data user.
Yahoo paid less for their core business than expected, according to the Wall Street Journal. Telecom giant Verizon, Internet conglomerate IAC, broadcaster CBS and Daily Mail are some of the companies which, according to earlier data are in the game of sökbolaget Yahoo. In the process, there are also several major venture capital companies. Verizon and the other speculators aiming bids around 2-3 billion dollars, according to the Wall Street Journal is less than it troubled sökbolaget had expected. By comparison, the newspaper's sources said in April that Yahoo's core business was expected to go for 4-8 billion. Bidding round will be completed in June.
Yahoo might be worth a whole lot less than anyone thought.The beleaguered technology company's core business is up for sale after years of lacklustre performance, with bidders including frontrunner Verizon, inventor Dan Gilbert backed by Warren Buffett , TPG, and a consortium that includes Bain Capital and former Yahoo CEO Ross Levinsohn.The Wall Street Journal reported on Thursday, citing people familiar with the matter, that the bids were expected to be $2 billion £1.3 billion to $3 billion £2 billion — significantly less than previously expected.The range is less than half the $4 billion to $8 billion that was expected in April.And it is far, far below Yahoo's $35 billion £24 billion market cap.Much of Yahoo's value, however, is derived from its stake in the Chinese e-commerce company Alibaba.It's also worth keeping in mind that this is an auction — bidders will naturally downplay their interest in the hopes of getting a better price.But still, it's a sign of how far Yahoo has fallen.Back in 2008, Microsoft tried to buy Yahoo for $45 billion — more than 10 times the figures being thrown about now.The Journal reports that the deadline for this round of bids in the first week of June.SEE ALSO: Yahoo wiped out the entire value of the mystery company it bought for $23 million last yearNOW WATCH: The 3 people Yahoo CEO Marissa Mayer leans on for adviceLoading video...
Yahoo may sell for less than predicted – but it depends on which parts of the company are sold.A new report suggested that leading suitor Verizon and other bidders are expected to bid $2 billion to $3 billion for Yahoo s core business.But analysts have pegged the troubled firm s value at higher levels, with SunTrust issuing a note last month saying it foresaw bids of $6 billion to $8 billion or more for the core.On Friday, the Wall Street Journal cited unnamed sources in reporting that Verizon and additional bidders are expected to offer $2 billion to $3 billion for the core.Some offers could still be above the $2 billion-to-$3 billion range, other people said, and it is generally in the interest of bidders to play down their enthusiasm in an auction, the paper reported.It is also possible that not everyone will bid for all of the core business and that proposals will be structured differently.We think it is unclear as to what is being bid for, and it is important to understand that there are various assets that Yahoo can potentially sell, Peck said in a note issued Friday.Yahoo s patents alone could be worth up to $3 billion, its real estate could be worth $1 billion, and its perpetual royalties – $90 million last year – from its stake in Yahoo Japan could add another $1 billion in value, Peck said.Peck put Yahoo s core advertising business value at $1.53 billion, and its non-advertising core value – including Yahoo Japan royalties, patents and real estate – at $3.76 billion.Add further savings and workforce reductions achievable through strategic synergies between two merging companies, and a buyer could see $8.3 billion of value in Yahoo s core, Peck said.For the next round of bidding, offers are due in the first week of June, but it s not clear whether more rounds will follow, the WSJ reported.The lower-than-expected bids came after weeks of presentations by Yahoo CEO Marissa Mayer, and the firm s release of data that revealed weakening prospects, the paper noted.The company s first-quarter report showed revenue down 18 percent to $860 million, marking the first time revenue dropped below $1 billion since Mayer took charge about four years ago.Photo: Yahoo CEO Marissa Mayer AP/NBC, Peter Kramer, file Tags: bidders, core, marissa mayer, Patents, Real Estate, Robert Peck, sale, sell, value, Yahoo, Yahoo Japan
nevodka / Shutterstock.comAccording to a report in the Wall Street Journal, bids for Yahoo are expected to come in or came in at less than the $4 to $8 billion anticipated by many analysts.Instead they are more likely in the range of $2 billion to $3 billion according to the article:Bidders have lowered their expected prices following weeks of sale presentations by Yahoo Chief Executive Marissa Mayer at the company s Sunnyvale, Calif., headquarters and its disclosure of data that detailed the company s flagging prospects.Verizon is still the favorite to win the bidding but the WSJ article identifies a number of other suitors in the mix, including TPG, Bain Capital, Dan Gilbert founder of Quicken Loans, possibly backed by Warren Buffett , Vista Equity Partners and one or two others.The article attributes the lower bid prices to disappointing first quarter financial results and the perception that Yahoo s core business continues to deteriorate.This suggests that Yahoo wasn t entirely satisfied with the first round and/or wants to bring more parties into the negotiations.Should they accept the offers now or continue with the existing turnaround effort?
More Charts Would-be buyers are apparently placing lowball bids for Yahoo's core business, offering $2 billion to $3 billion instead of the $4 billion to $8 billion anticipated in April, according to a report in the Wall Street Journal.These acquisitions would include only Yahoo's actual day-to-day business, not its stake in Alibaba, which is where most of its current market value of $35 billion is locked up.This chart from Statista shows the problem with that core business.Yahoo's main source of revenue, advertising, has been flat or shrinking for six years now.Meanwhile, Google has increased its ad revenue more than 3x in the same period to almost $70 billion a year, and Facebook has come out of nowhere to build a nearly $20 billion annual ad business.Yahoo still has plenty of valuable assets, including a huge audience and some patents and other intellectual property.Bidders reportedly include Verizon which owns AOL , investment firms TPG and Bain, and a team led by investors Warren Buffett and Dan Gilbert.NOW WATCH: Hidden Facebook tricks you need to knowLoading video...
The bidding price for Yahoo's core business could be in the range of $2 billion to $3 billion, the Wall Street Journal reported on Thursday.That's significantly lower than the $4 billion to $8 billion range a lot of Wall Street analysts were expecting.But soon, CNBC's David Faber disputed those numbers, calling it "completely wrong," and pointed out the reported price would be lower than even the lowest bids Yahoo received in the first round of bidding last month, citing his own sources.Why all the chaos?There are a lot of parties involved in Yahoo's bidding process, so it's hard to point to one simple reason."We think it is unclear as to what is being bid for, and it is important to understand that there are various assets that Yahoo can potentially sell," Peck wrote in a note published Friday.In other words, Yahoo owns a lot of different properties that it could potentially sell as its "core" business, and depending on what each bidder wants as part of its deal, the bidding price could significantly vary.Peck notes that the $2 billion to $3 billion range would only make sense if the bid was just for Yahoo's online advertising business, which includes its online properties.That part of the business is generating roughly $300 million in earnings before interest, taxes, depreciation and amortization EBITDA , and with a 5X multiple, which is still lower than the 7X multiple Verizon paid for AOL, Yahoo's internet business would be roughly valued at $1.5 billion.But if you include Yahoo's web intellectual property, which Peck estimates to be in the range of $1 billion to $3 billion, the "core" value would instantly jump.Yahoo could also potentially throw its real estate property and rights to Yahoo Japan royalties, each estimated to be worth roughly $1 billion, into the mix, and the value of the deal would swing all over the place.Yahoo has never defined what exactly it's selling as its "core" business.That's not much of a surprise since Yahoo's running an auction for its various properties and is looking to maximize its return.
's planned sell-off of its core business may not end up bringing the cash return investors had hoped for.Citing sources familiar with the matter, The Wall Street Journal reports that Jerry and David's Guide to the World Wide Web is receiving bids of around $2-3bn on its core business, significantly less than the $4-8bn Yahoo!has been open to bids for its core business, including its search and content network, since February, when shareholders forced the company to pursue the sale rather than simply sell off its stake in Alibaba.Companies rumored to be interested in making a bid to acquire Yahoo include Verizon/Aol,Google and The Daily Mail, though apparently none of those companies are willing to do so at Yahoo's asking price.The sale of the core business comes after years of failed turnaround efforts under CEO Marissa Mayer.Mayer has not been able to resurrect Yahoo's glory days and reverse a string of falling revenues at the one-time search engine king.
Sprint is now allowing some online video to be streamed without counting against customers' data caps, making it the fourth major wireless carrier in the US to implement data cap exemptions or "zero-rating" .Sprint's first foray into zero-rating, announced last week, is for the Copa America Centenario soccer tournament being held in the US beginning June 3.Sprint has partnered with FuboTV, a soccer streaming service, to give customers access to every match if they sign up for a 60-day trial.FuboTV costs $9.99 per month if customers keep it after the trial expires.While wireless carriers argue that zero-rating benefits consumers, net neutrality advocates say zero-rating gives an unfair advantage to services that don't count against data caps, allowing carriers to favor some content over others.AT was the first major US mobile carrier to make a big move into zero-rating.
Some mobile carriers are playing catch up, rolling out clones of the popular messaging apps—with mixed results.Others aren t trying or have given up, saying they can t compete with Silicon Valley and are better off focusing on their core voice and data services.A few years ago, carriers charged a dime or more each time a customer sent or received a text message via SMS, or short message service, or a photo or video sent via multimedia messaging service.They are the big winners, said Veli-Matti Mattila, chief executive of Finland s largest carrier, Elisa, which isn t planning to compete with its own messaging app.Mobile providers say apps that can do this are still in early development, which is why they are currently incompatible.—Thomas Gryta contributed to this article.
Image Source: Zach Epstein, BGRSamsung shipped more than 81 million smartphones in the most recent quarter, according to market research firm Gartner.The company s successful flagship smartphone launch was obviously a big driver for Samsung in the first quarter as it enjoyed its fastest profit growth in three years.Samsung s Galaxy S7 and Galaxy S7 edge are clearly the sleekest and most powerful smartphones the company has ever launched, but they also got a helping hand from some serious advertising and marketing campaigns.HUGE LEAK: This is our first look at a real iPhone 7Between now and the end of the day on June 4th, anyone who purchases a Galaxy S7 or Galaxy S7 edge at Best Buy for use on Verizon Wireless, AT or Sprint will also get a 32-inch Samsung Smart LED TV for free at Best Buy.And if 32 inches is too small, buyers can also opt to upgrade to a 48-inch Smart TV for $250.Plus, if you re planning to purchase one anyway, now you know you should do it at Best Buy rather than at a carrier store.
AT has tweaked its installment device payment options, narrowing them down into two plans that ask consumers a question: do you want lower monthly payments or the ability to upgrade your phone more quickly?This reduces the previous options from four down to a less confusing two.All the big carriers have their own version of the device installment plan, including Verizon and Sprint.Those who go with the AT Next plan will make device payments for 30 months, being able to upgrade every two years.Those with AT Next Every Year will be under a slightly shorter 24-month payment plan, but will be able to update their device every year.AT hawks a couple of ways to get lower monthly payments on each plan — trading in an owned device and having whatever AT determines its value as added toward the cost of a new device, or paying some money up front toward the cost of the device.
The newest issue of Variety, hitting newsstands on May 24th, carries with it a cover story on Marissa Mayer and her struggles in leading Yahoo through turbulent times.But what's already turning heads is the cover itself, premiered by Variety co-editor in-chief Andrew Wallenstein on Twitter, which depicts Mayer as a Christ-like figure carrying a Y-shaped cross: A sneak peek at tomorrow's @Variety magazine cover story by @xpangler...Marissa Mayer like you've never seen her!pic.twitter.com/ZeEXXayHj9 — Andrew Wallenstein @awallenstein May 23, 2016"Marissa Mayer like you've never seen her," Wallenstein promises.While the cover itself is likely to generate plenty of discussion, the cover story itself looks to explore Mayer's tenure as CEO of Yahoo, from her ascension to the job in 2012 through the present, as the company looks to sell some or all of its business units.Bidders for Yahoo's core assets are said to include Verizon and a group of investors led by Warren Buffett and Dan Gilbert, and the price is said to be as low as $2 billion or as high as $8 billion.NOW WATCH: Katie Couric reveals what it's like to work with Marissa Mayer at YahooLoading video...
It's been more than a month since the LG G5 officially launched in the US, but it is only today that LG finally released the "Friends" that actually made the LG G5 truly special.Sadly, it seems the speculations were spot on, and the Hi-Fi DAC module is indeed missing from the set.All the rest are simply external accessories.While the LG CAM Plus doesn't exactly upgrade the camera hardware on the smartphone, it does upgrade the experience of taking photos by providing physical controls familiar to users of digital compact cameras.The prices for these accessories are as follows:• LG CAM Plus - $69.99, one model for AT, another Verizon, T-Mobile, US Cellular• LG TONE Platinum - $199.99, available in Gold, Silver, and Black• LG 360 CAM - $199.99• LG 360 VR - $199.99Hopefully LG will be able to solve whatever regulatory problems it has that's blocking the B Hi-Fi DAC module to cement its position in the modular smartphone market.And hopefully soon as Lenovo/Motorola are rumored to take it on with a modular smartphone of its own next month.