Intel Capital announced today a $100 million fund devoted to cars.
So what’s a chip company doing betting on technology in cars?
Intel estimates that by 2014, cars will be one of the top three fastest-growing markets for connected devices and Internet content. That eventually gives Intel an opportunity to put more of its chips in a whole new place: cars.
As an Intel manager put it in the press release announcing the fund: “The car is the ultimate mobile device.”
The Intel Capital Connected Car Fund will invest in technologies such as advanced driver assistance systems, speech recognition, gesture recognition, and eye tracking.
But there’s no mention of self-driving cars just yet. That is all Google for now.
This morning, news broke that the Greeks had a reform deal. The Euro shot up on the news.
But if you were on twitter, you could have profited early.
Trader @pawelmorski just posted this annotated chart.
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Two years ago Apple pulled off an impressive feat: Its market cap surged past Microsoft to become the most valuable company in the tech industry.
Who will it be this year? Well, it could be Google. The search company is just $19 billion behind Microsoft. All it would take is Google’s stock going on a tear, and Microsoft’s fading or sitting still.
When (or if) it happens, you know Microsoft CEO Steve Ballmer is going to freak out. Don’t forget, he’s the guy who threw a chair and had a tantrum when Google poached one of his employees.
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Penn found that IKEA customers, following the signature yellow path, walk through the entire warehouse store. They get lost, encounter products they weren’t looking for and spend enough time shopping that they feel justified making impulse purchases.
Here’s a customer heatmap from Penn’s presentation, followed by the video.
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What looks like the card slot from a Chase Bank ATM is actually a sophisticated card skimmer removed from a branch in West Hills, California. And police believe a 3D printer may have been used to create it.
Those green bulbous card slots that were supposed to make it very difficult for a card skimmer to be attached to an ATM have turned out to be just a minor inconvenience for sophisticated thieves. Investigators believe this skimmer—which perfectly fits over the ATM’s regular slot— was created from a mould that came from a 3D printer. Which means those behind this particular ATM scheme had some very expensive tools at their disposal.
In addition to being a perfect replica of the ATM’s standard card slot, this skimmer incorporates a small pinhole camera that starts recording the PIN pad whenever a card is inserted. On the underside is a series of holes that investigators believe allowed the thieves to download data and footage, but the complex electronics on the inside may have been salvaged from a cellphone, giving this skimmer wireless connectivity. So in the future, like in many situations, make sure you take a good look at the hardware before you stick your thing in the slot. [KrebsonSecurity via BoingBoing]
We knew this was coming, but now it’s more official-ish.
Strategy Analytics says Samsung “shipped” 28 million smartphones versus Apple’s 17.1 million.
Tiny caveat: In its earnings release Apple says it sold 17.1 million smartphones. We don’t think Samsung is stuffing 11 million smartphones in the channel to take the top spot, but it’s worth making a note of the distinction in language.
Apple was the top smartphone dealer in Q2, but it had a down quarter as consumers waited for the iPhone 4S. It’s unlikely to return to the top spot unless it has a mammoth fourth quarter.
And for all the Apple bulls out there who will predictably say, “So what, Apple has all the profits.” You’re right! Apple earns considerably more more money on the iPhone than Samsung earns on smartphones.
And the more phones Samsung sells, the fewer iPhones Apple can sell.
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Dr. Augustine Fou is Digital Consigliere to marketing executives, advising them on digital strategy and Unified Marketing(tm). Dr Fou has over 17 years of in-the-trenches, hands-on experience, which enables him to provide objective, in-depth assessments of their current marketing programs and recommendations for improving business impact and ROI using digital insights.
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