What's the best (and our favorite) way to hear the hit of the summer? On Late Night with Jimmy Fallon, of course! Because, somehow, Jimmy and The Roots just make everything sound better. The latest example: They performed "Blurred Lines" with Robin Thicke -- on kiddie classroom instruments!
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It is sold out at Amazon. It is sold out at Best Buy online. It is sold out at the 16 Best Buy stores closest to my home in North Carolina. The nearest Best Buy availability is in Roanoke, Va. (Amazon and Best Buy are the retail outlets sanctioned by Google.) You can buy it directly from Google at the Play Store, but as of this writing, the wait time for shipping has been extended to three to four weeks.
In a world where people line up for hours to buy a $500 tablet, selling out a $35 dongle isn't necessarily a milestone, or an indicator of anything significant. But I'll hammer a prediction stake into the ground: Chromecast will create change in media consumption habits disproportionate to its price. Its power will come partly from its tech-candy pricing, but only partly. This little invention hits a few other sweet spots.
Filed under: Home Entertainment, Internet, Google
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By Mari Saito
TOKYO (Reuters) - Sony Corp said its electronics division faces hard times ahead even after a weak yen helped pull it into profit for the first time in two years, ratcheting up pressure on the board to respond to activist shareholder Daniel Loeb's proposal to split the company in two.
Thursday's better-than-expected earnings are unlikely to placate billionaire investor Loeb, whose New York-based Third Point hedge fund wants Sony to spin off as much as a fifth of its money-making entertainment arm - movies, TV and music - in order to make it more transparent and accountable.
"The results are largely in line with the market consensus but it's not enough of a recovery to fend off Third Point's arguments," said Tomoichiro Kubota, senior market analyst for Matsui Securities. "Excluding the impact of the weak yen, it still looks tough for the electronics division."
Sony logged an operating profit of 36.4 billion yen ($369.68 million) in the April-June quarter, topping the 25.3 billion yen profit expected by four analysts surveyed by Thomson Reuters I/B/E/S.
Its Xperia smartphones have sold well and the company lowered its yen exchange rate assumptions - which will boost its earnings from sales overseas - while cutting costs.
But it acknowledged harsh market conditions for consumer electronics, cutting full-year sales targets for products from PCs to TVs to video cameras, and left its full-year profit forecasts unchanged even as it lifted its revenue forecast more than 5 percent.
"We were able to achieve adequate (first-quarter) results but I'm not necessarily optimistic about the future," Chief Financial Officer Masaru Kato told reporters.
LOEB'S LETTER
In a letter to investors on Monday, Loeb praised CEO Kazuo Hirai's efforts to stem the red ink in Sony's electronics business by cutting overheads and streamlining its range of products. At the same time, however, he reiterated his call for deeper changes.
"Putting these encouraging gains into perspective, they are modest in light of the longer-term challenges facing Sony and the Japanese electronics industry. Drastic - rather than incremental - action is required," the letter said.
Sony's board is expected to reject Loeb's proposals, the Nikkei newspaper said on Thursday, with directors arguing that the electronics company could compete better by maintaining ties with the entertainment arm of the business.
Sony's Hirai told shareholders last month the company's board would carefully consider Third Point's suggestions.
Kato on Thursday said the board was continuing to discuss the fund's suggestions, including input from outside financial advisers.
Loeb, who owns around 7 percent of Sony through shares and cash-settled swaps, called the entertainment division poorly managed and repeated his earlier calls for Sony to bring more scrutiny to those divisions.
Loeb is credited with forcing change at Yahoo Inc, where he waged an aggressive campaign to upend its previous management in 2011 and 2012, accusing then-CEO Scott Thompson of padding his resume with a non-existent computer science degree. Thompson was out within weeks.
Sony's TV business showed the greatest progress from streamlining with a 5.2 billion yen operating profit for the quarter, its first time in the black in 12 quarters.
Sony said it expected its game division to fall into the red this fiscal year, however, due to development costs related to its new PlayStation 4 console. It did not announce sale targets for the PS4.
Sony's shares have more than doubled so far this year, buoyed by Third Point's suggestions as well as Prime Minister Shinzo Abe's potent mix of monetary and fiscal stimulus, which has fuelled a 33 percent rise on Tokyo's benchmark Nikkei.
The earnings announcement came after the end of share trade on Thursday. Sony ended up 1.7 percent at 2,104 yen, compared with a 2.5 percent rise in the Nikkei.
(Additional reporting by Maki Shiraki and Daiki Iga; Editing by Edmund Klamann and Stephen Coates)
Source: http://news.yahoo.com/sony-cuts-tv-sales-forecast-keeps-smartphone-game-062240234.html
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Source: news.malaysia.msn.com --- Thursday, August 01, 2013
Source: http://news.malaysia.msn.com/top-stories/googles-motorola-unveils-android-smartphone-1
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Beneath the 12 regular season games was listed something a bit different than last year's version.
January 7, 2014
BCS CHAMPIONSHIP GAME
"The focus has been since our last game last year," Kelly, ND's fourth-year coach said Friday during his pre-camp press conference, "is to get back to the top of the mountain, and you don't get there easily."
Last year's schedule inside the Gug simply said "TBD. Bowl Game." The Irish, who were coming off back-to-back 8-5 seasons, were the surprise team of the country, going 12-0 and achieving a No. 1 ranking before losing to Alabama, 42-14, in the title game.
"Everything that we've worked on since that next day -- and I mean the next day -- is about getting back to the national championship game and winning it," Kelly said.
This year's group begins practice on Monday in Marion, Ind. The Irish open their season Aug. 31 at Notre Dame Stadium against Temple.
This group already faces a challenge before its first practice. Everett Golson, last year's starting quarterback, was suspended for the fall semester over an academic matter. Kelly, this summer, named senior Tommy Rees the starter for the Temple game.
"He was the most experienced and gave us the best opportunity to win against Temple," Kelly said before adding that he did not name Rees the starter for all 13 games, simply the Temple game.
The four practices in Marion are closed to the media before the Irish return to South Bend next Friday for their first full practice in pads.
"We're like everyone else in college football," Kelly said. "We're extremely excited to start the season."
- Kelly on Friday was asked about where he and the university stand in terms of a new contract. Kelly said the two parties have agreed in principle, but there are details to be worked out.
"I think it's imminent," Kelly said.
- Kelly said that he still expects Golson back for the spring semester and that the staff, particularly offensive coordinator/quarterbacks coach Chuck Martin, remains in contact with Golson.
- Not on the roster distributed to the media was former Irish basketball player Joey Brooks, who spent the spring as a reserve tight end. ND has five scholarship tight ends listed on the roster in Troy Niklas, Alex Welch, Ben Koyack, Mike Heuerman and Durham Smythe.
"We just felt that at that position we were in very good hands," Kelly said.
- Listed on the roster is freshman walk-on cornerback Jesse Bongiovi, the son of rock star Jon Bon Jovi.
"Jesse has earned his spot on this team," Kelly said. "They don't look at him as a rock star's son.
?
Watch WSBT News at 5, 6 and 11 for video from the news conference.
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Magma from the deadly eruption of Iraz? in Costa Rica?decades ago, recently helped researchers better understand quickly erupting volcanos. Now scientists hope to learn more by investigating other volcanic sites.
Alaska's erupting Pavlof volcano, in the Aleutian Islands, seen in a photo snapped from the International Space Station in May. Earthquakes deep beneath the surface may be driving some fast-moving volcanos, researchers have learned.
NASA Earth Observatory
EnlargeMolten rock from Earth's hellishly hot mantle can punch through miles of overlying crust in a matter of months, a new study finds.
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Before the deadly 1963 eruption of Iraz??volcano?in Costa Rica, magma surged 22 miles (35 kilometers) in about two months, traveling from the mantle to the volcano's shallow magma chamber, researchers report in the Aug. 1 issue of the journal Nature. The evidence comes from geochemical tests on crystals of the mineral olivine from ash erupted in 1963. Layers in the crystals helped re-create the?magma's pre-eruption journey.
"We refer to our story as the 'highway from hell,'" said Phillip Ruprecht, lead study author and a volcanologist at Columbia University's Lamont-Doherty Earth Observatory in New York.
The discovery at Iraz? helps confirm other clues for high-speed magma ascents, such as deep-seated earthquakes before eruptions at Mount Pinatubo in the Philippines and Iceland's Eyjafjallaj?kull volcano, the researchers said. Seismic tremors struck near the mantle below Pinatubo and Eyjafjallaj?kull in the weeks and months before the blasts. And other geochemical tracers in lava also suggest magma could shoot to the surface from the mantle in mere months. But the new study is the first hard evidence of a fast mode in volcanoes, Ruprecht said. [Amazing Images: Volcanoes from Space]
Despite some clues suggesting speedy magma ascents, most models of volcano plumbing were akin to a slow pipe. A volcano's magma chamber fills from the bottom, like a sink filling from its drain. Many pulses of molten rock can pump into the chamber during a volcano's lifetime. Based on geochemical evidence in lava, researchers thought the magma melts would rise a bit,?mix together, and then climb a little more, until finally reaching the chamber. The long journey happens over a span of thousands to hundreds of thousands of years.
"It's like going up a set of stairs. Each step is another change," said Adam Kent, a geologist at Oregon State University who was not involved in the study. "By the time you get to the surface, the magma has been changed quite substantially."
But the new study found evidence that magma feeding the 1963 eruption skipped the stairs and took the express elevator to the surface, mixing with other molten rock only at shallow depths, around 6 miles (10 kilometers) below the Earth's surface.
"This is telling us some interesting stuff about what's driving these?volcanoes, which is hot stuff coming from deep within the mantle," Kent told LiveScience's OurAmazingPlanet. "The real proof of the pudding would be to find this behavior at many different places," he said.
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