Hasta La Gadget!

Hmm, now isn’t this interesting? Just months after Liberty Media reached out at the eleventh hour and rescued Sirius XM from imminent bankruptcy, it’s now spinning off its entertainment division (Liberty Entertainment) and combining it with DirecTV (which Liberty already controls). We’re told that the new Liberty Entertainment will hold 54 percent of DirecTV Group shares and 65 percent interest in the Game Show Network, not to mention three regional sports networks and a few other things not worth mentioning. The move is being made as the “John Malone-controlled vehicle looks to simplify its capital structure,” and if all goes well, the paperwork should be completed by the end of the year. Oh, and so far as we can tell, DirecTV consumers won’t even notice the shuffling going on behind the scenes.

Filed under: Home Entertainment

DirecTV to merge with majority shareholder Liberty Entertainment originally appeared on Engadget on Mon, 04 May 2009 09:52:00 EST. Please see our terms for use of feeds.

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It was inevitable, really — but the incessant demand for Intel’s woefully underpowered Atom processors sure did last a lot longer than we anticipated. Originally made famous by those so-called “netbooks,” the Atom is currently facing two hurdles in remaining wildly popular: 1) slumping demand for new PCs and 2) bona fide competition. For months on end, the Atom really was the only game in town when it came to powering netbooks and nettops, but with the unveiling on NVIDIA’s Ion, the promise of a GPGPU (or cGPU) and Intel’s own CULV platform, Atom’s necessity in the market is becoming less intense. The interesting part here is that Intel is purportedly hawking its inventory to “second-tier and China-based vendors” as it looks to minimize warehouse clutter, which certainly makes us hope for lower-cost low-cost lappies to show up in the near future.

Read – Atom demand slowing
Read – Intel: PC sales hit rock bottom

Filed under: Desktops, Laptops

Demand for Intel’s Atom CPUs finally beginning to cool? originally appeared on Engadget on Tue, 28 Apr 2009 09:29:00 EST. Please see our terms for use of feeds.

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Truthfully, we wouldn’t put too much stock in that headline considering that Samsung Mobile Display, a company that makes its ends off of selling active-matrix OLEDs, is the source. But on the other hand, we can definitely see it coming to fruition. According to a new report, said outfit has stated that OLED screens of some sort will be on over half of all mobile phones (not just smartphones, mind you) within the next five years, and that these same power-sipping displays will be on 20 percent of digital cameras and 30 percent of portable game players (PSP2, anyone?) within the same window of time. While it may seem a bit far-fetched now, we actually have good reason to believe that OLED adoption will indeed skyrocket on the small scale; it’s those big screen TVs that we’re worried only our grandchildren will truly enjoy.

[Via OLED-Info]

Filed under: Cellphones

Samsung: OLED screens on half of mobile phones within 5 years originally appeared on Engadget on Mon, 20 Apr 2009 10:47:00 EST. Please see our terms for use of feeds.

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So, there’s good news and bad news here, and we’re opting to go against tradition by dishing out the positive first. Nokia just pushed out its Q1 2009 results, and while many firms have been struggling to stay afloat, at least it managed to turn a profit of €122 million ($160 million). That said, it’s still looking at a staggering 90 percent drop in profits compared to its first quarter of 2008, where it raked in a mind-boggling €1.222 billion ($1.6 billion). Not surprisingly, sales were also down 27 percent to €9.28 billion ($12.2 billion) from €12.7 billion ($16.7 billion). Of course, Nokia’s far from being alone in having to showcase less-than-beautiful Q1 numbers, but in reality, the damage could’ve been much worse; in fact, shares of the company’s stock inched up by 8 percent following the reveal, as many had feared an even more significant decline. All in all, Nokia’s still holding strong to a 37 percent market share worldwide, and if CEO Olli-Pekka Kallasvuo has anything to do with it (hint: he does), things should be on the up and up here soon.

[Via BBC]

Filed under: Cellphones

Nokia’s profits drop 90% in Q1 2009 originally appeared on Engadget on Thu, 16 Apr 2009 09:24:00 EST. Please see our terms for use of feeds.

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Around seven years after it was originally established, Toshiba has decided it best to stop waiting for Panasonic’s input on decisions regarding Toshiba Matsushita Display Technology Company. If all goes to plan, Toshiba — which currently owns a 60 percent stake in the joint venture — will buy out Panasonic’s 40 percent stake on April 28th. For those unaware, the venture was responsible for developing, manufacturing and selling LCDs and OLEDs, most of which were classified as “small to medium-sized.” After the share transfer is finalized, TMD will change its name to Toshiba Mobile Display Company, and according to the jointly-issued release, it’ll allow Tosh to “further accelerate decision-making and promote comprehensive restructuring of TMD’s business.” The consumer takeaway here? “Looking to the future, TMD aims to establish OLEDs as an engine for growth and to enhance its display business in the medium- to long-term.” Boom.

[Via Wall Street Journal]

Filed under: Displays, HDTV, Home Entertainment

Toshiba to buy Panasonic’s shares in LCD joint venture originally appeared on Engadget on Wed, 01 Apr 2009 18:34:00 EST. Please see our terms for use of feeds.

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