DigitalOutbox Episode 112
In this episode the team discuss Apple and it’s money. Mike Daisey, Game and iPlayer hits the 360.
Playback
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Shownotes
1:01 – Twitter turns 6
– wowzers. launched 6 years ago in 21st March.
– known as twttr back then!
1:58 – Apple makes announcement on spending money
– Buy Twitter?
– Buy a carrier?
– Buy Samsung?
– Increase Foxconn salaries?
– Invest in cloud?
– Philanthropic?
– Reduce prices?
– No, Apple plans to pay shareholders a quarterly dividend of $2.65 per share sometime in Q4 2012, which for Apple begins this July. In case you were wondering, the last time Apple paid dividends was in 1995 – a move that netted shareholders $0.12 per share.
– On top of that, Apple’s Board of Directors gave their blessing for the company to buy back $10 billion of stock over the next three years. The repurchase program is slated to begin in September 2012, and is meant to help neutralize “the impact of dilution from future employee equity grants and employee stock purchase programs.”
– Overall cost is $45 billion, but they made almost $15 million last quarter alone
5:05 – This American Life retracts episode on Foxconn
– US public-radio show This American Life has retracted a story it aired in January – the most listened-to show in its history – in which monologist Mike Daisey detailed what he claimed were his personal experiences when investigating heinous working conditions in plants operated by Apple’s Chinese contract manufacturers.
– A new episode of This American Life detailing the issues and what happened airs later today, with an MP3 of the broadcast available Sunday. Host Ira Glass is taking full responsibility for the error, saying that he’s “horrified to have let something like this onto public radio.”
– Daisey lied to me and to This American Life producer Brian Reed during the fact checking we did on the story, before it was broadcast. That doesn’t excuse the fact that we never should’ve put this on the air. In the end, this was our mistake.
– For his part, Daisey does not seem to be contrite at all, with a statement on his blog saying that his work is “not journalism” and “operates under a different set of rules and expectations” from a show like This American Life.
– What I do is not journalism. The tools of the theater are not the same as the tools of journalism. For this reason, I regret that I allowed THIS AMERICAN LIFE to air an excerpt from my monologue. THIS AMERICAN LIFE is essentially a journalistic - not a theatrical - enterprise, and as such it operates under a different set of rules and expectations.
– The bit that pisses me off about Daisey – he lies to justify his show:
– To my audiences: It’s you that I owe the most to. I want you all to know that I will not go silent—I will be making a full accounting of this work, shining a light through this monologue and telling the story of its origins, construction, and details.
– I believe the truth is vitally important. I continue to believe that. I believe that I will answer for the things I have done. I told Ira that story should always be subordinate to the truth, and I still believe that. Sometimes I fall short of that goal, but I will never stop trying to achieve it.
– Ironic
– http://www.dailymotion.com/video/xnb2hi_mike-daisey-on-technology-journalists_tech
– video of Mike Daisey lamenting tech journalists and the lack of journalism in the industry
11:12 – New iPad Sales
– Three million sold
– “The new iPad is a blockbuster with three million sold-the strongest iPad launch yet,” said Philip Schiller
– Strongest launch as it’s on sale in the most countries?
13:03 – Sky launches NowTV
– broadcaster is branching out into internet TV, launching a completely new brand called Now TV.
– it will be pay-as-you-go and “over-the-top” [i.e. IPTV that won’t require having a Sky contract or Sky hardware installed].
– service will launch with films, then sports before adding the broadcaster’s entertainment content.
14:21 – iPlayer finally added to 360
– free for all Xbox Live users, making it the first UK entertainment app on the system that doesn’t require an Xbox Live Gold subscription.
– No login support, but can favourite, search
– HD available as well as subtitles
– Worked well in my tests – easy to use and good clear picture
16:20 – Game shares suspended
– shares were suspended and it admitted the business has no value.
– The company, which operates 1,300 stores worldwide and employs 10,000 staff, was reported to be trying to raise £180m this week or face administration after several suppliers refused to provide it with new products.
– In a statement on Wednesday morning, Game said discussions were taking place with a potential third-party funder but it was unable to assess its financial position and was “of the opinion that there is no equity value left in the group”.
– Its shares were suspended on the London Stock Exchange “pending clarification of the company’s financial position”.
– Some 600 of Game’s stores are in the UK, employing 6,000 staff. All the group’s stores, which also include the Gamestation brand, are still open for business.
– It has been reported that Game faces a £21m rent payment on Sunday and a £12m wage bill at the end of the month. It also owes more than £10m in VAT and £40m to suppliers. A new investor would have to pay up to £100m to Game’s banks.
19:15 – A budget for game developers
– Chancellor George Osborne has heeded calls from the videogame industry and agreed to provide it with tax breaks.
– Announced in today’s Budget, the scheme will commence in April 2013, giving time for civil servants and stakeholders to thrash out the details – “subject to State Aid approval and following consultation”, as Mandarin-speak puts it.
– That said, the Treasury estimates the relief, which will also apply to animation companies, will cost the Exchequer £15m in the 2013-2014 tax year, rising to £35m in 2014-2015.
– Videogame industry organisations such as Tiga, which represents developers, believe that cost will be more than balanced by extra tax revenue generated by UK publishers who would otherwise send development work overseas to countries already offering generous tax breaks to games coders.
1:29 – BBC Boss coad Service
– Chancellor George Osborne has heeded calls from the videogame industry and agreed to provide it with tax breaks.
– Announced in today’s Budget, the scheme will commence in April 2013, giving time for civil servants and stakeholders to thrash out the details – “subject to State Aid approval and following consultation”, as Mandarin-speak puts it.
– That said, the Treasury estimates the relief, which will also apply to animation companies, will cost the Exchequer £15m in the 2013-2014 tax year, rising to £35m in 2014-2015.
– Videogame industry organisations such as Tiga, which represents developers, believe that cost will be more than balanced by extra tax revenue generated by UK publishers who would otherwise send development work overseas to countries already offering generous tax breaks to games coders.
19:55 – Zynga buys OMGPOP
– Zynga has acquired OMGPOP, addingDraw Something to its list of popular social and mobile gaming titles. Zynga paid OMGPOP $178.5 million, plus another $30 million in employee retention
– For OMGPOP the deal is a culmination of six years of blood, sweat and tears, as it started primarily as a maker of Flash-based games for the desktop. But mobile and social changes everything: Putting Draw Something on a mobile device, making it accessible wherever and whenever and harnessing the power of Facebook to connect players and their friends has made OMGPOP an overnight powerhouse.
22:35 – Facebook launches HD photo
– will now display photos in high resolution by default, and will allow you to enter a full screen gallery mode by clicking arrows in the top right corner of a photo. On a big display, the company claims, photos will display up to four times larger than before (assuming they were taken using a half-decent camera). The maximum resolution the photo viewer can handle is 2048 x 2048, we’re told.
– While the social networking site has allowed high definition photo uploads since late 2010, only now will the site default to displaying the biggest image at hand. With these new features Facebook is placing an even bigger bet on high quality photo content going forward, which will have a huge impact on its server farms; six billion high definition photo uploads per month will take up a lot of space (and bandwidth, for that matter)
24:08 – Pirate Bay Drones
– Suffered some downtime at the weekend – they then posted this…
– With the development of GPS controlled drones, far-reaching cheap radio equipment and tiny new computers like the Raspberry Pi, we’re going to experiment with sending out some small drones that will float some kilometers up in the air. This way our machines will have to be shut down with aeroplanes in order to shut down the system. A real act of war.
– We’re just starting so we haven’t figured everything out yet. But we can’t limit ourselves to hosting things just on land anymore. These Low Orbit Server Stations (LOSS) are just the first attempt. With modern radio transmitters we can get over 100Mbps per node up to 50km away. For the proxy system we’re building, that’s more than enough.
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