Hasta La Gadget!

And just like that, with the swing of a virtual axe, she’s all dead and buried. Plastic Logic has been stuck in a world of perpetual delays ever since wowing the universe with its QUE ProReader at CES, and rather than delaying it again, the company is simply cutting its losses and moving on. To quote CEO Richard Archuleta: “We recognize the market has dramatically changed, and with the product delays we have experienced, it no longer make sense for us to move forward with our first generation electronic reading product.” To that end, the company plans to “shift its focus to bring to market a second-generation ProReader plastic electronics-based product,” but absolutely no details regarding form factor, pricing or an estimated ship date are given. Wilder still, those rumors about a company sale have coincidentally (or not?) flared up again, with the Financial Times stating this go ’round that Plastic Logic could sell a “significant stake” of itself to Rusnano, a Russian state-owned nanotechnology corporation. We’re told that the two are currently “in discussions,” and that if a deal is reached, Plastic Logic’s production facility for this elusive next-gen product would have to be based in Russia. We can’t say we’re completely shocked at the outcome here, but we’re man enough to shed a tear at our loss. Rest easy, QUE — at least we had our times.

Continue reading Plastic Logic kills QUE, ‘shifts focus’ to second-generation ProReader

Plastic Logic kills QUE, ‘shifts focus’ to second-generation ProReader originally appeared on Engadget on Tue, 10 Aug 2010 17:34:00 EDT. Please see our terms for use of feeds.

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Things were looking bad for iRex Technologies a few months back. Its DR 800 e-reader didn’t get to retail in time for the holiday season and, at $450, it wasn’t exactly price competitive anyhow. As the company filed bankruptcy, CEO Hans Brons remained optimistic, saying “expectations are still positive,” and now we can see why: the company is being reborn as IRX Innovations. This time it will skip the pesky retail market altogether, hoping to find businesses willing to pay the roughly 100% premium over a comparable 3G Kindle or Nook or what have you. It’s unclear whether IRX will be offering the same products or will start showing off new, more business-minded ones, but with the WiFi Kindle now shipping for a mere $140 we’re hoping the new company has some lesser expensive offerings.

Bankrupt iRex can’t buy a vowel, gets new lease on life as IRX Innovations originally appeared on Engadget on Sun, 08 Aug 2010 09:16:00 EDT. Please see our terms for use of feeds.

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Huawei has been kicking for well over two decades, and while a great deal of its business revolves around the enterprise, the company still has a presence in the consumer arena (most recently with its S7 tablet). But for whatever reason, it’s having one bear of a time breaking into the US acquisition game. According to a pair of people sourced by Bloomberg, Huawei wasn’t selected as the winning bidder of two large US assets in recent months despite having offers of “at least $100 million more in each case.” Ouch. As the story goes, the sellers (2Wire and Motorola) “doubted Huawei’s ability to win US government approval,” possibly because of the founder’s prior role as an official of the People Liberation’s Army. It’s also not the first time that Hauwei has been deterred in the US; the outfit dropped a bid in 2008 for 3Com after America began “investigating whether a deal would give China access to anti-hacking technology used by the Defense Department.” ‘Course, given the existing legal trouble between Huawei and Motorola right now, we’re not sure a +$200 million bid would’ve sealed the deal on its recently hawked wireless equipment unit. Hit the source link if you’re down for a serious read. Mystery, drama, deceit — it’s all there.

Huawei bids high, loses hard on two major US assets originally appeared on Engadget on Thu, 05 Aug 2010 04:07:00 EDT. Please see our terms for use of feeds.

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You know that the 16:9 display ratio is here to stay when even NEC’s business monitors — long the bastion of old school sensibilities — start offering it as a standard feature. At least the Japanese company has also had the decency to include a DisplayPort on its latest 23-incher, with a full 1080p resolution and ambient light sensor adding to the feel of modernity. The E231W isn’t moving things along much further than the well-liked EA231W of last year, but it does consume less power (28W) and up-front cash ($299) than its senior sibling. 250 nits of brightness, a 1,000:1 contrast ratio, 4-way adjustability (height, tilt, swivel, and pivot), and a 3-year warranty round off the energy-efficient package. Availability of this latest MultiSync monitor is scheduled for later this month, and you’ll find the full PR after the break.

Continue reading NEC outs versatile E231W monitor with 1080p resolution and green aspirations

NEC outs versatile E231W monitor with 1080p resolution and green aspirations originally appeared on Engadget on Tue, 03 Aug 2010 06:31:00 EDT. Please see our terms for use of feeds.

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Verizon Communications, the majority shareholder of Verizon Wireless, just tossed out its Q2 2010 earnings, and unlike the majority of the other big boys we’ve seen, this company actually lost money over the past few months. All told, the mega-corp posted a $198m net loss compared to a $1.48b net profit this time last year, but if you were to exclude “special charges” for a workforce reduction, Verizon as a whole would’ve seen net profits of $0.58 per share. When focusing strictly on mobile, Verizon Wireless managed to pick up 1.4 million net customer additions, which is 200,000 shy of the 1.6 million that AT&T recently picked up. What’s crazy is that one carrier has the iPhone while the other doesn’t, and it doesn’t take the imagination of Peter Pan to figure out how those numbers would shift if Apple’s smartphone somehow picked up a CDMA radio and headed over to Big Red. Other fun facts about VZW’s second quarter include a 3.4 percent uptick in total revenues year-over-year, a 5.2 percent increase in service revenues and a staggering 28.3 percent boost in data revenues. With all that cash flowing in, is there really a need for these newfangled caps? Consumers say “no,” but Sir Capitalism says “yes.”

Update: We’ve been pinged by Verizon and given some clarification to the awful mess known as filing quarterly reports in accordance with GAAP with varying shares of ownership. We also learned that Verizon Wireless added 665,000 new net wireless customers under contract in the prior quarter, whereas AT&T added 496,000 contract customers. It’s pretty easy to make these numbers say whatever you want them to, apparently.

Continue reading Verizon posts $198m net loss, picks up healthy amount of new wireless subs

Verizon posts $198m net loss, picks up healthy amount of new wireless subs originally appeared on Engadget on Fri, 23 Jul 2010 13:55:00 EDT. Please see our terms for use of feeds.

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