Tag - Bloomberg
RadioShack may be preparing to close its chain of electronics stores, according to a report. The troubled retail chain, which revealed it was close to bankruptcy last month, is said to be in discussions to sell approximately half of its store leases to Sprint, shuttering the rest and effectively ending the 94-year-old company's life as a brick-and-mortar retailer.
Christian Bale is set to play the late Apple CEO Steve Jobs in the forthcoming biopic film written by Aaron Sorkin. Previously considered for Leonardo DiCaprio, Aaron Sorkin said in Bloomberg interview that there wasn't a need for Bale to audition for the role due to being a good fit. The latest screenplay is comprised of three thirty minute scenes of backstage goings on prior to three keynote presentations.
Talks surrounding a potential BlackBerry breakup have reportedly resumed, as Fairfax Financial Holdings is said to have encountered trouble finding funding for its $4.7 billion buyout offer, unnamed sources have told Bloomberg. Advisers from the struggling handset maker are said to have approached companies including Cisco Systems and Samsung, however the potential buyers reportedly expressed interest only in partial assets such as patents or the company's enterprise network.
Bloomberg is reportedly testing a ticker for Bitcoin, for use on its terminals. The ticker, listed as XBT according to BTC Geek, is currently available only to Bloomberg employees, and is said to use at least two bitcoin exchanges as sources for its pricing. Though not usable by Bloomberg terminal customers, the apparent tracking gives more legitimacy to the virtual currency, and could be offered in the future.
Bloomberg has released an overhauled version of its Bloomberg Anywhere app for the iPad, offering a new interface based on user feedback. The updated interface has been designed to offer improved customization options and navigation, as well as better offline capabilities for accessing important data when away from a network connection. Additionally, several new features have been introduced with the v2.4 update including access to Instant Bloomberg, Bloomberg Industries and enhanced charting capabilities.
More fire is being added to the rumors of a 7-inch (or 8-inch, depending on the source) "mini" iPad. Both the Wall Street Journal (subscription required) and Bloomberg claim to have anonymous sources with "knowledge of the plans" that confirm a screen between seven and eight inches in diameter, and the component suppliers in Asia are preparing for a mass production of the device in September. The source of the screens, however, differ from more recent murmurs.
Business news network Bloomberg have posted their recently-aired, 48-minute Game Changers documentary on the life of Apple CEO Steve Jobs, mostly focusing on his founding and subsequent departure from Apple decades ago before returning in 1997 to lead what is referred to in the program as "the greatest turnaround in the history of corporate America."
GM is reportedly planning on expanding its OnStar services to include new content offered for free, unnamed sources have told Bloomberg. The upgraded system is said to be linked to social networks such as Facebook, with speech automatically converted to text. It is unclear if GM has overcome the accuracy issues associated with some voice-to-text technology.
Panasonic today showed off its first 108p 3D Blu-ray home theater systems, including the SC-BTT750 and SC-BTT350. Each is Viera Cast-compatible and allows access to Netflix, Amazon VOD, YouTube, Picasa, Bloomberg TV, weather and other services. The BTT750 has a Wi-Fi adapter while a DY-WL10 adapter needs to be purchased separately for the BTT350.