BlackBerry revenue slips below $1bn as users shun BB10
BlackBerry’s revenue slipped below a billion dollars in the fourth fiscal quarter for the first time since 2007, as its smartphone sales continued to slide, but its losses were slightly less than expected. The ailing Canadian firm reported a net loss of nearly $6bn for the year up to the start of March and a loss of $423m for the quarter. The adjusted loss was eight cents a share, but analysts polled by Thomson Reuters were expecting a loss of 55 cents a share.
BDUK coverage data still elusive in Northumberland broadband rollout
A fresh attempt to secure full coverage data for the Government’s many Broadband Delivery UK schemes has once again failed after BT refused to release the information for a related project in Northumberland, which is despite earlier saying that they were “okay” for such detail to be published. The £18.9m iNorthumberland project aims to expand the coverage of BT’s “fibre broadband” (FTTC/P) network to reach 95 per cent of local premises by early 2016 (note: 91 per cent will get “superfast” speeds of 25Mbps+). But so far many of the local BDUK schemes have only been willing to publish vague coverage maps and even those that released detailed maps are often still unwilling to release the full roll-out data (e.g. down to the 7 digit postcode level).
Huawei celebrates quickest profit growth in four years
Huawei has reported its fastest profit growth in four years as expansion in enterprise and consumer revenue far exceeded growth in its network building division. The unlisted company has benefited from companies investing heavily in cloud and mobile computing, and became the world’s third-biggest smartphone manufacturer last year. Shenzhen-based Huawei is now looking for revenue from Chinese mobile phone operators switching to fourth-generation networks to cushion the impact of a slowdown in network spending abroad.
Cisco pledges to invest $1bn in global cloud services
Cisco Systems says it will invest $1bn over the next two years on a new cloud computing service similar to Amazon Web Services. Cisco Cloud Service is already working with global partners, intending to focus on big corporations and government agencies, and optimise its services to work with software from companies such as SAP, Microsoft and VMware. At first glance this might look like just another web service, but the messages so far point to something subtly different. With its historic roots in California, Cisco knows that the ones who got rich in the great gold rush were not the miners and prospectors so much as the suppliers of picks, shovels and boots.
Underperforming Intranets costing UK companies £2.7bn
Intranets are seriously underperforming in 25 per cent of large UK companies and 42 per cent of medium-sized UK firms. This underperformance is resulting in wasted staff time to the sum of £2.7bn per year. These are the major findings of a new report from User Experience experts Mando Group. The report, titled ‘Internal Engagement’, describes the corporate intranet as being in a state of inertia: “The corporate intranet is commonplace but, typically, it is not receiving the attention required to transform from a rather dated information hub to become a tool that expedites workflow, collaboration, decision-making and, ultimately, business growth.”
UK IT workers still unsure about job security
UK IT workers still have significant feelings of job insecurity, despite the jobs upturn across the sector. In a study of over 2,000 British employees, those working in IT and technology recorded negative feelings of job security. The research, from recruitment firm Randstad Technologies, found that over half of IT professionals felt either “neutral” or “slightly insecure” about their current prospects. This is despite the fact that overall positive feelings of job security have gone up slightly. In 2009, when similar research was conducted, 40 per cent of IT workers felt secure in their jobs. In 2014, this figure increased to 42 per cent.
Mark Zuckerberg loses $3bn as tech heavy-weights fall
Mark Zuckerberg, Facebook’s 29-year-old co-founder, lost $3.1bn in the five days to 28 March as bank and technology shares dropped on Wall Street. The world’s largest social network fell about 11 per cent last week, after the company announced it would acquire virtual-reality firm Oculus VR for $2bn (£1.2bn, €1.4). Zuckerberg is ranked 22nd in the global rich list with a $27bn fortune, according to the Bloomberg Billionaires Index.
International Business Times
Amazon denies rumours of free “Amazon TV” service
Curses! Following recent rumours that Amazon was planning to launch its own advertising-filled TV streaming service – free to users, of course – we were starting to make a list of programmes we’d love to see featured on AmazonTV (or whatever they would eventually call it). But shortly after the Wall Street Journal released its report, where unnamed sources claimed that Amazon’s service would launch in a few months and be completely and totally free for users to view, Amazon came back with a quick denial that it had any intent to build an ad-supported TV streaming platform.
IT Pro Portal
US mobile marketing trends: Instagram overtaking Twitter
The research, from eMarketer, shows that Instagarm had a total of almost 35 million monthly users in the US during 2013. With a 35 per cent gain in users last year, the photo service has achieved market penetration of 16.1 per cent among Internet users, close to Twitter’s 17.6 per cent, the study found. Instagram is slowly increasing its advertising efforts, planning to insert new image and video-based ads into users’ feeds. Earlier this month, Instagram landed its first major deal with ad agency Omnicom, worth as much as $100 million in ads from clients the agency represents, according to reports.