Sprint’s iPhone gamble still isn’t paying off as it loses 360,000 customers in a quarter
Sprint has managed to shrink its operating losses to $398 million for Q3 23013 compared to $1.6 billion last quarter on a record $8.7 billion in revenue. However, despite now having 230 US LTE markets as of yesterday including Queens and Manhattan, the operator managed to lose 360,000 all-important postpaid subscribers. In exchange, it only picked up 84 thousand prepaid and 181 thousand wholesale customers. On a positive note, Sprint...
Eucalyptus eases way to bring Amazon cloud deployments in-house
Eucalyptus has updated its namesake software to make it easier for organizations to set up their own, in-house versions of the Amazon Web Services (AWS) public cloud, letting users run Amazon workloads in private cloud deployments. Eucalyptus 3.4, available now, also comes with a number of new tools to ease system administration management in the enterprise. The open source Eucalyptus platform allows an organization to set up cloud...
Apple Reports Third Quarter Results
CUPERTINO, California—July 23, 2013—Apple® today announced financial results for its fiscal 2013 third quarter ended June 29, 2013. The Company posted quarterly revenue of $35.3 billion and quarterly net profit of $6.9 billion, or $7.47 per diluted share. These results compare to revenue of $35 billion and net profit of $8.8 billion, or $9.32 per diluted share, in the year-ago quarter. Gross margin was 36.9 percent compared to 42.8...
Cisco plans to open-source H.264 code, widen support for web-based video chat
WebRTC promises plugin-free video chat in our browsers, but it has been stuck in limbo due to format squabbles — some companies want royalty-free standards like VP8, while others insist on the wider support of H.264. Today, Cisco is proposing a truce between the two camps. It’s planning to open-source its H.264 codec without passing on the royalties it pays to MPEG-LA, effectively making the standard free when used in web...
EU Council chief did not use Russian USB stick given to summit leaders
Security protocol for the European Council president meant he would never have used an allegedly tainted USB stick allegedly given to him by Russia at the G20 Summit council, sources said Wednesday. Media reports in Italian newspapers Tuesday alleged that President Herman Van Rompuy had found the suspicious device in a gift bag given to all the G20 attendees at the Summit in Saint Petersburg, Russia, in early September. Commission...
