FirstNews Briefs for October 5, 2010
• Twitter CEO Evan Williams has stepped aside to focus on product strategy and has appointed company COO Dick Costolo to become its CEO. Costolo will focus on improving Twitter's profitability.
• The Semiconductor Industry Association (SIA) says global chip sales in August rose more than 32 percent over last year to $25.7 billion. Sales for the first eight months of 2010 were $194.6 billion compared to $134.7 billion for the same period in 2009, an increase of more than 44 percent. SIA President Brian Toohey said the organization remains confident in its full-year sales forecast of $290.5 billion, but said concerns abut economic conditions in the U.S. and Europe bear close monitoring.
• Verizon Wireless has launched the ZTE Fivespot, a 3G mobile Wi-Fi hot spot that supports up to five devices. The Fivespot comes with a pre-installed SIM card and provides global data service in more than 200 countries, with more than 120 of those offering 3G speeds with Verizon's GlobalAccess plan. The device will be available in Verizon Wireless stores and online on Oct. 7 for $99.99 after a $100 mail-in rebate with a new two-year customer agreement.
• Novatel Wireless says its 4G product portfolio is ready for deployment with operators. Rob Hadley, chief marketing officer of Novatel, says the company is "working closely" with carriers to roll out mobile broadband devices aligned with carriers' 4G launch plans.
• Siano has launched an ATSC digital mobile television receiver chip targeted at the U.S. market. The SMS1530chip was developed in collaboration with LG and is available in samples to select customers. Siano has successfully field-tested the device in Washington, D.C., and says it is "already engaged with customers developing electronic products using the SMS1530."
• Wind River says it's collaborating with Alcatel-Lucent to develop common platform assets for Alcatel-Lucent's wireless network base station portfolio. Alcatel-Lucent will use Wind River Linux, optimized for the Freescale QorIQ P4080 multi-core processor, to develop and support the common platform.
• Mobile Internet publisher and marketer Cellfish Media has acquired Airborne Mobile, a mobile-application publisher. The companies' newly-formed Airborne Studios combines Cellfish Media's original-content publishing activities with Airborne Mobile's distribution of global brands. Airborne Studios will focus on creating and distributing branded mobile content and applications for high-usage value, including iconic football-league applications, Family Guy, CollegeHumor, Betty Boop and FHM. Terms of the deal were not announced.
• Extreme Networks says a federal appeals court has affirmed an earlier verdict that ruled in Extreme Networks' favor that Enterasys infringed three of the company's patents and that the patents are valid. The court's decision also upholds the district court's permanent injunction and damages award against Enterasys. Extreme Networks provides converged Ethernet network infrastructures that support data, voice and video for enterprises and service providers.