Yahoo (YHOO) announced last week plans to shutter its business in South Korea as a result of plans to restructure the company. The search engine on Tuesday officially began notifying employees of the closure and will be eliminating 200 jobs as a result, according to Reuters. Yahoo CEO Marissa Mayer previously said that the decision was part of the company’s efforts to streamline operations and focus its resources on building a stronger global business that’s capable of long-term growth and success.
Working at Sony (SNE) can’t be very much fun at the moment, as the company on Friday announced another round of layoffs that will reduce its workforce by 2,000 employees by the end of the year. Sony said that roughly half of the layoffs are “expected to be in support functions, including the headquarters of Sony” in Japan. Sony first announced plans to cut its workforce by 10,000 this past spring, and over the summer the company cut 1,000 workers from its mobile division. The company’s full press release is posted below.
Sprint (S) announced on Thursday it will carry the Samsung’s (005930) Galaxy Note II on October 25th for $299.99 with a two-year contract. The Samsung Galaxy Note II is the successor to the original Note that sold over 10 million units worldwide and features a large 5.5-inch HD Super AMOLED display, 1.6GHz quad-core processor, 8-megapixel 4G LTE, NFC, S Pen input and Android 4.1 .1 Jelly Bean. Sprint’s press release follows below.
Whew — there’s been a lot of news from Amazon today, and plenty of folks are excited about the Kindle Fire HD 7-inch and the Kindle Fire 8.9-inch. Make sure you see the hands-on videos (click here for all the day’s news in one handy list), and see everything Amazon had to say about the new tablets.
Megaupload founder Kim Dotcom on Thursday questioned his accusers’ motives while speaking to The Guardian. ”I’m no piracy king,” Dotcom told the paper. “I offered online storage and bandwidth to users and that’s it.” Dotcom was arrested in his New Zealand mansion on January 20th after his notorious Megaupload service was shuttered earlier that week as part of a multi-agency sting across several countries. He was released on bail and it currently awaiting trial, having been accused of money laundering, violating piracy laws and a number of other crimes. ”It’s kind of like weapon of mass destructions in Iraq, you know?” Dotcom said during an interview with The Guardian. “If you want to go after someone and you have a political goal you will say whatever it takes.” Read on for more.
“What happens when the world’s largest advertising business tries to sell productivity software on the side?” Microsoft asks users in its new Googlighting video. “Beware the Googlighting Stranger.” In response to what is undoubtedly increased pressure from Google’s cloud-based productivity suite, Microsoft has launched an all-out assault on Google and its cloud-based Google Apps product. According to Microsoft, Google’s productivity suite is a joke — a sad side project where Google moonlights in its downtime and uses unwitting corporations as guinea pigs — and businesses would be crazy to play Google’s game. ”Google Apps is an ever-changing solution with experimental features that can increase complexity and the need for change management and training,” Microsoft wrote on its Why Microsoft site. “When your business needs help, Google Apps support falls short of delivering the kind and level of support you demand.” So what exactly does your business need to thrive? Microsoft is glad you asked: “Your organization has diverse needs. With Microsoft, you can deliver the right set of tools for the right users—all with appropriate layers of security and compliance technologies.” Microsoft’s no holds barred anti-Google Apps video follows below.
Samsung and Corning — best known for its Gorilla Glass products — announced a new joint venture this week that will manufacture specialty glass substrates for OLED displays. The joint venture will be based in South Korea and will combine Samsung’s OLED display technology with Corning’s ultra tough Lotus Glass substrate. The new displays will be utilized in mobile devices as well as larger products, such as televisions, and will be used in Samsung products and sold to other South Korean manufacturers. ”Corning and Samsung have a long and successful partnership in the display industry, dating back nearly 40 years to the early days of television,” Corning chairman, President and CEO Wendell P. Weeks said. “The strength of our business relationship is built on Corning’s ability to develop and make high-technology glass with the key attributes that enable Samsung’s next-generation displays.” Samsung’s full press release follows after the break.
Vantiv, a provider of mobile payment solutions, announced a new point-of-sale product on Friday that it will be rolling out in partnership with Verizon Wireless. The product, which is currently in field testing, includes custom tailored applications and an Android-based point-of-sale solution for accepting payments. The applications will be available in Verizon’s Private Application Store for Business. “Merchants and consumers are seeking greater mobility, control and timely access to data,” said Bill Weingart, Chief Product Officer of Vantiv. “We’ve teamed with Verizon to combine our payment and security expertise with Verizon’s ability to tailor development of mobile technologies to address those needs.” Verizon Wireless is also a member of ISIS, an initiative in which it has partnered with AT&T and T-Mobile to provide customers with NFC-based mobile payment options. Vantiv’s full press release follows after the break.
During the Consumer Electronics Show in Las Vegas, Best Buy announced that it will reorganize part of its business to focus on sales of connected devices such as tablets, smartphones and computers. Best Buy has created a new retail “connectivity business group,” Forbes said Friday, that will sell the aforementioned devices in Best Buy Mobile and Best Buy retail stores with 3G and 4G wireless service plans. Forbes explained that the connectivity business group (CBG) is similar to Best Buy Mobile but incorporates more devices and will include 15,000 employees from Best Buy Mobile and another 20,000 from Best Buy retail stores who previously worked to sell tablets and computers. Consumers likely won’t see any form of CBG branding and the changes will mostly affect Best Buy’s training practices for its Best Buy and Best Buy Mobile stores. Both stores will sell the products and Best Buy Mobile will likely begin offering connected laptops and tablets in addition to its current smartphone catalog.
In the business sector, security has always been a concern but even more so now as businesses are allowing their employees to bring their own devices to work. Samsung who previously announced the Samsung Galaxy Note and Samsung Galaxy Tab 7.7 as being SAFE compatible, now have the pleasure of being able to say those devices are also FIPS certified.
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