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New Mexico targets Takata, auto makers over faulty air bags

20 January[ —]

FILE - In this May 4, 2016, file photo, visitors walk by a Takata Corp. desk at an automakers showroom in Tokyo. New Mexico Attorney General Hector Balderas has announced a lawsuit against Japanese manufacturer Takata and a long list of auto makers in connection with the sale of cars with dangerous air bag inflators. The attorney general’s office argues in a lawsuit being filed Friday, Jan. 20, 2017 that the manufacturers had a duty to ensure their products were safe and that concealment of air bag defects amounted to unfair, deceptive and unconscionable trade practices under New Mexico law. (AP Photo/Shizuo Kambayashi, File)ALBUQUERQUE, N.M. (AP) — New Mexico Attorney General Hector Balderas has announced a lawsuit against Japanese manufacturer Takata and a long list of automakers in connection with the sale of cars with dangerous air bag inflators.



Here’s how many people still rent Netflix DVDs by mail, and why Netflix loves it

20 January[ —]
It's now been a full decade since Netflix launched its streaming service and in that time it has completely changed the company. The streaming video service currently tallies over 93 million paying subscribers, while the number of people paying for physical DVD rentals by mail has taken an absolutely massive hit. Netflix's Q4 earnings results were posted earlier today, and they revealed that only 4.1 million people still pay for the privilege of getting discs in their mailbox. Still, the DVD delivery service isn't going anywhere, and there's a good reason for that: cash. Netflix's streaming service — and original content especially — are the star of the show without a doubt, but the DVD subscriptions still provide the company with a nice cushion of cash. As the AP reports, the company spends absolutely no money to promote its DVD service, but its millions of subscribers still allow it to rake in a 50% operating profit, which is a margin that any company would envy. “We’ve never discussed shutting down DVDs since there are still lots of folks who subscribe, often to both streaming and DVD by mail,” a Netflix spokesperson said, via the  AP . But the charade can't go on forever, and eventually the company will have to shutter the service when it shrinks to the point that it no longer makes sense. In the fourth quarter of 2016, the DVD service lost 159,000 subscribers. Though Netflix doesn't report the number of those who transitioned to streaming-only subscription, it's probably a rather high percentage. Still, that's fewer people renting their DVDs, and some analysts predict that Netflix will axe the physical discs within the next five years. When that day comes, we'll all have to pour one out for the death of the real Netflix.

It’s judges, not Trump, who will decide Obama’s environmental legacy

20 January[ —]

It’s judges, not Trump, who will decide Obama’s environmental legacyDonald Trump, our new president, has vowed to dismantle many of the environmental policies passed under President Barack Obama. For the past eight years, Obama has positioned himself as a global leader in the fight against climate change. At home, he’s passed regulations to lower emissions of greenhouse gases from cars and plants, he’s boosted renewable energy, and set new records for protecting public land.



Amaya raises 2016 adjusted profit forecast

20 January[ —]

Logo of Amaya seen in Montreal(Reuters) - Canadas Amaya Inc raised its 2016 adjusted profit forecast, citing better-than-expected results in the fourth quarter ended Dec. 31, helped by its casino games and a successful relaunch in Portugal. The gambling website operator now expects 2016 adjusted profit of $364 million-$374 million, higher than its previous forecast of between $344 million and $354 million. Amaya, which owns gambling websites PokerStars and Full Tilt, also raised its 2016 adjusted earnings forecast to a range of $1.87-$1.92 per share from $1.78-$1.83.



Poll: Are you buying a Nintendo Switch?

20 January[ —]

Poll: Are you buying a Nintendo Switch?Last week we learned that the Nintendo Switch gaming console would go on sale March 3rd for $299.99. That price was disappointing for some who had hoped the relatively underpowered rig would undercut the pricing of the Xbox One and PS4. It didnt. In fact, its more expensive in real terms since the Switch sells without any bundled games. Nevertheless, only Switch combines a tablet with a 6.2-inch touchscreen that can be undocked from the TV and merged with Nintendos unique JoyCon controllers for some proper on-the-go gaming. ...



How to create work-life balance in tech: 7 tips from the C-suite

20 January[ —]

How to create work-life balance in tech: 7 tips from the C-suiteDisconnecting after work, allowing flexible schedules, and prioritizing personal events as much as work are all keys to finding a balance, tech professionals say.



Media Markt trials service to rent drones, VR headsets

20 January[ —]

Employees of German electronics retailer Media-Saturn switch on television in their European state-of-the-art store in IngolstadtMedia Saturn, Europes biggest consumer electronics group, is trialing a new service at its Media Markt unit to allow customers to rent devices such as drones or virtual reality headsets, in a bid to tempt customers to try out new products. Media Saturn, part of retailer Metro, reported sluggish Christmas sales, hurt by consumers pulling forward purchases due to the "Black Friday" sale in November. The new service allows customers shopping on Media Markts website to rent products for one month or more and covers around 500 products, including a floor-mopping robot as well as more common items like smartphones.



Trading house says Samsung seeks $429 million in LCD panel supply dispute

20 January[ —]

A file photo shows employees walking in the main office building of Samsung Electronics in SeoulA Japanese electronics trading house said Samsung Electronics Co has filed a request for arbitration with the International Chamber of Commerce (ICC) over an LCD panel makers decision to stop supplies to the South Korean company. In a statement, Kuroda Electric Co said Samsung filed the request for ICC arbitration in New York against it and two other companies, seeking $429 million. Kuroda did not identify the two companies or the panel maker.



Samsung Note 7 investigation will blame ‘irregularly sized’ batteries and manufacturing flaws, says WSJ

20 January[ —]

Samsung Note 7 investigation will blame ‘irregularly sized’ batteries and manufacturing flaws, says WSJSamsung’s official investigation into the cause of widespread faults with the Galaxy Note 7 will blame “irregularly sized” batteries and manufacturing faults, according to a report from The Wall Street Journal. The WSJ says Samsung hired three independent “quality-control and supply-chain analysis firms” to conduct its investigation, with these firms concluding that two separate faults affected the Note 7. The first fault relates to devices that used batteries made by Samsung subsidiary Samsung SDI.



Tech firm creates Trump monitor for stock markets

20 January[ —]

U.S. President-elect Donald Trump is broadcast on a screen on the floor at the NYSE in Manhattan, New York CityJust in time for his inauguration, London-based fintech firm Trading.co.uk is launching an app that will generate trading alerts for shares based on comments made on social media by Donald Trump. Trump knocked several billion off the value of pharmaceutical stocks a week ago by saying they were "getting away with murder" with their prices. Comments earlier this week on China moved the dollar and a pair of December tweets sent the share prices of Lockheed Martin and Boeing spiraling lower.



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