Tag - AOL
As predicted by Verizon when it announced the deal, Verizon Communications and AOL today announced the successful completion of Verizon's tender offer to purchase all outstanding shares of AOL for $50 per share in cash. As a result, AOL shares will no longer be traded on the New York Stock Exchange, and AOL is now a wholly owned subsidiary of Verizon. The sale includes AOL properties like Engadget, The Huffington Post, and Tech Crunch -- all staunch defenders of Net Neutrality and the US Federal Communication Commission's Open Internet regulation.
Verizon has signed a deal to acquire AOL, the telecoms company has revealed. The purchase will see Verizon paying out $50 per share of AOL stock, a transaction estimated to be worth $4.4 billion, which the company claims will help its LTE wireless video and "over-the-top video strategy," along with helping it support Verizon's Internet of Things (IoT) platforms.
Along with the death of AOL logins for use in Messages, the ability of AOL members to use AOL credentials to log into iTunes and its various stores is ending next month, Apple reports. The move, which appears to have been instigated by AOL, will mean that users who use AOL logins will need to migrate to an Apple ID in order to preserve purchase records and access to purchased items from iTunes, the iOS App Store and the iBookstore.
Every Sunday, Electronista and MacNN compile some notable news items from the world of gaming in a bumper post. In this week's edition of Weekly Game Replay, Nintendo's YouTube policy woes, a TV show based on Zelda, and some notable offline game items are overshadowed by the loss of one of the games industry's major news sources.
AOL's decision, revealed on Friday, to rid itself of its "enthusiast" sites has cut deep into the hearts of several communities. It is shutting down Joystiq, which has been covering the gaming community for the past 10 years, and all its sub-sites; and more to the point relevant to us and our readers, The Unofficial Apple Weblog - one of our competitors, yes, but also part of a small community - is leaving the scene.
[Updated with UK rumors] Later today, AOL will announce the closure of two of its best-known websites, Joystiq and TUAW, reports say. Both publications are expected to be folded into Engadget in some fashion. Another site, AOL Autos, is being merged into Autoblog. In the process, AOL will allegedly fire some 150 people, most of them in sales.
AOL is notifying email account holders that a recent data security breach has allowed intruders to make off with identifying information on about two percent of its user base. Data compromised in the attack includes AOL email addresses, postal addresses, contact information including cell phone numbers and backup email addresses, some employee personal data, encrypted passwords, and similarly-encrypted answers to security questions.
Following the announcement that it was going to shut down Shoutcast and cease support and downloads for popular but dated music player Winamp, AOL has today announced that it has finalized a purchase deal. Belgium-based online radio aggregator Radionomy is purchasing the assets from AOL, with the terms of the deal currently unknown.
AOL will continue supporting iCloud on its Alto webmail service after all, according to an email sent to users. Alto lets people check multiple webmail services simultaneously, such as AOL, Gmail, and Yahoo. In October, however, AOL said it would halt support for email addresses ending in @icloud, @me, or @mac after December 2.
AOL will be shutting down Winamp on December 20, after operating for 16 years. AOL, which acquired Winamp parent company Nullsoft in 1999 for $80 million, will be closing the Winamp.com website and associated web services, something which will affect existing Winamp installations, and will stop offering the media player for download.
Now AAPL Stock: 93.4 ( -2.7 )
WhatsApp now handles over 100M calls daily
WhatsApp is celebrating that it is being used for over 100 million calls every day. In a brief notice, the Facebook-owned messaging platform advises the voice-calling feature it rolled out to its users last year now deals with an average of over 1,100 calls initiated per second. Earlier this year, it increased the security of its calls and other messages, by introducing end-to-end encryption on all platforms. http://bit.ly/292HqCX
Adele's '25' album now streaming
Recording artist Adele has "pulled a Kanye" after saying that her current album "25" would not be available for streaming. The seven-month-old record, which has yielded a number of hit singles, is now available for streaming on all the major streaming services, such as Apple Music and Spotify, as of today in most major markets, with worldwide distribution to come. Reportedly, the singer had demanded streaming be limited to paid subscribers -- a condition that has hurt some streamers with artists, who aren't paid royalties for free or trial listens . Apple pays performers its normal royalty rates during its free trial, avoiding the issue -- and having repeated success in both signing up exclusives and placing those exclusives into the top of the charts. http://ti.me/28U7NOu
SanDisk iXpand case has battery, storage
A new iPhone 6 and iPhone 6s case from SanDisk appears to be the "holy grail" of accessories: a stylish and protective case that offers both extra storage as well as the option of extra battery power as well. The iXpand Memory case offers either 32GB, 64GB, or 128GB of additional storage incorporated into the case, and an optional add-on battery pack (sold separately) adds up to an extra day or more of charge. Through the associated iXpand app, camera photos and videos can be automatically stored on the extra storage, optionally password-protected, The cost for the case is (in order of storage capacity) $60, $100, and $130. The battery pack's release data has not yet been announced, but the add-on should retail for an additional $30. http://bit.ly/291epHu
Fifth Hong Kong store to open June 30
The 46th official Apple store in what the company calls the "Greater China" region will open at 10AM local time in Hong Kong's New Town Plaza in the Sha Tin district on Thursday, June 30, according to a new page on Apple's retail website. Despite slowing growth due to economic turmoil in China, the country is still Apple's fastest-growing market. The new story will be the fifth for Hong Kong, a lucrative market for Apple thanks to the high concentration of wealth there and a thriving "gray" market. Normal store hours for the new store will be 10AM to 10PM every day. http://apple.co/291diaT
Apple Music bug bites very short songs
There appears to be a reproducible bug in the current version of iTunes -- version 12.4.1, running on OS X 10.11.5, both the current non-beta versions of the respective software -- that causes a streamed song to become "stuck" in endless buffering if the streamed item just before this happened was 60 seconds or less in length. The problem appears to stem from code in iTunes that signals the next track to start downloading one minute before the currently-playing track is done, and thus songs shorter than one minute don't trigger the download. Locally-stored music is unaffected by the bug, and the problem does not appear to exist in either the macOS Sierra developer beta or versions of iTunes earlier than 12.4, and does not affect the iOS Music app at all. http://bit.ly/291cN0l
Walmart Pay expands to 15 states
Walmart, one of the key progenitors of the failed CurrentC mobile payment system that was distinguished from Apple Pay by its ability to collect and share customer financial and buying data among its participants, has expanded the soft rollout of its alternative solution "Walmart Pay" to an additional 15 US states following a pilot program in Arkansas and Texas last month. Walmart continues to resist adding Apple Pay. The system, built into the Walmart app for iOS and Android, works with a complicated system of the camera scanning a purchase code at the register, then generating a QR code which is then scanned by the register. The system is available now in Alabama, Georgia, Indiana, Iowa, Kentucky, Louisiana, Michigan, Mississippi, Missouri, Nebraska, North Carolina, North Dakota, South Carolina, South Dakota, Tennessee, Virginia, and Washington, DC. http://apple.co/28SqZfu
Amazon refreshes entry-level Kindle
Amazon has added a new Kindle to its ebook reader range, one that is thinner and lighter than the previous entry-level model. Offering a six-inch 167-dpi touchscreen display, a doubled 4GB of storage, and an option for a white casing, the new model also adds in the ability to export highlights and notes to an email account as a PDF. Two versions of the all-new Kindle are available, priced at $80 including "Special Offers" and $100 without. http://amzn.to/28Q4c3R