business

Netflix reveals “F is for Family” animated series inbound

Netflix reveals “F is for Family” animated series inbound

Did you expect anything less? Netflix has announced yet another upcoming show, this one being Bill Burr's animated series "F is for Family." The show is said to revolve around Burr's comedy, taking place in the 70s when all sorts of things banned today were commonplace ("a time when you could smack your kid, smoke inside and bring a gun to the airport," Netflix points out). Each episode will be 30 minutes long, and The Simpsons writer Michael Price is on-board.

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Google nabs six office buildings in California

Google nabs six office buildings in California

Google has grabbed a bunch of new real estate in Redwood City, California, according to Bloomberg, which spoke to a couple of people "with knowledge of the matter". According to the two sources, the Internet giant nabbed half a dozen office buildings for a total of $585 million, all of them located about 11 miles from the company's Mountain View office. This information falls in line with Google's newly filed quarterly report, which included a brief mention of purchasing property for the aforementioned amount.

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Google shuffle: CEO Larry Page transfers product power to Pichai

Google shuffle: CEO Larry Page transfers product power to Pichai

Sundar Pichai has been moving up in the world over the past several years. Word this afternoon is that Google CEO has done some reorganizing of staff duties, putting Pichai in charge of core Google products. While he'd had responsibilities with Android, Chrome, and Google Apps before, Pichai will now take control of search, maps, Google+, commerce and ads, research, and infrastructure. Page has suggested that these powers - until now his - would be transferred so that he might focus on the "bigger picture" - instead of these slightly smaller duties, that is to say.

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South Korean ISP announces 10Gbps broadband Internet plan

South Korean ISP announces 10Gbps broadband Internet plan

The United States is clamoring for widespread availability of 1 gigabit Internet service options, something that is slowly rolling out but is still a long way off from being an option for most. In the meantime, Internet users in South Korea are slated to get service that trumps that connection speed ten-fold, with SK Broadband revealing that it has a 10Gbps service in the works. The service is not available yet, and it seems there will still be a decent wait before it arrives.

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Aereo denied license request, but hope remains

Aereo denied license request, but hope remains

Aereo, swept up in a legal battle earlier this year that it ultimately did not win, has been denied a license that would let it operate as a cable company. Aereo had requested this license during the late summer, and was told in August that it needed a court ruling on whether it could continue operations under this special designation. An injunction was put in place against the service today, but as the legal battle winds down towards a close, there is still a ray of hope for the service.

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Fire Phone bombs: Amazon takes $170 million writedown

Fire Phone bombs: Amazon takes $170 million writedown

Amazon is not having a great afternoon. After reporting an operating loss of $544 million this most recent quarter, Amazon is suggesting that one big reason they're headed into the hole is the Amazon Fire Phone. During their earnings conference call for investors, Amazon representatives suggested that they'd be taking a $170 million charge. This writedown would be "primarily related to Fire phone inventory" as well as "supplier commitment costs."

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Surface drives nearly billion dollar revenue for Microsoft in Q1

Surface drives nearly billion dollar revenue for Microsoft in Q1

This quarter is a rather good one for Microsoft's Surface tablet lineup, that's for certain. Their financial crew reported Microsoft Financial 2015 Q1 results today, showing the Surface Pro 3 to have driven Surface revenue up to $908 million for the quarter. Microsoft's Devices and Consumer revenue grew 47% to $10.96 billion overall, while total Xbox console sales were 2.4 million, growing a cool 102%. Xbox One also launched in 28 new markets in these past three quarters alone.

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Amazon loses big, but the worst is yet to come

Amazon loses big, but the worst is yet to come

It's not looking especially good at Amazon right this minute for investors. While operating loss was $25 million USD in Amazon's Q3 of 2013, this quarter (one year later), they've reported operating loss at $544 million. Net loss, on the other hand, was $41 million at this time last year and $437 million this quarter. On a more positive side, Amazon introduced several new products this quarter and increased net sales 20% to $20.58 billion this quarter compared to $17.09 billion one year ago. It may be time for a fire sale, nonetheless.

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