Internet speed: Google vs. Verizon
Internet access speeds
growing by 17% worldwide and 27% in the US, providers need to catch
) Fiber -- although available only in Kansas City -- remains one of
the fastest Internet access options in the US with 1 Gbps fiber
connection at $70 per month, but
) new offering might challenge Google's speed.
rolled out its new pricing for the FiOS Quantum
, with a blistering 500/100 Mbps uncapped speed for a mere
$299.99 per month on a two-year contract
. However, the speed won't be immediately available at all
FiOS-enabled locations; Verizon plans to cover 70% of its FiOS
customers by the end of 2014.
Analysts are skeptical about Apple's upcoming
) Q3 financial results will be announced today after markets close,
and they probably won't beat both the Street's initial estimates
and last year's results,
a fresh compilation of estimates say
Nobody is expecting much from the Cupertino-based tech giant this
time around. With Apple's own guidance between $33.5 billion and
$35.5 billion in revenue and between 36% and 37% in gross margin,
analysts expect slightly higher or flat revenue, and a declining
margin - from 42.8% the same quarter last year to 37% this year.
Earnings are expected to drop significantly, from $9.32 per share
to roughly $7.5 per share year over year.
In part, the results might be attributed to sales of the iPhone 5,
the newest Apple smartphone to date. According to
a new report
, sales of the iPhone 5 represented 50% of iPhone salesfor three
consecutive quarters after a short 68% burst at its launch. Roughly
one-third of iPhone sales is still attributed to iPhone 4S, a model
introduced in 2011.
New handsets from Motorola and Nokia are set to rekindle
The traditional iPhone update is likely to happen in the fall, and
with that in mind, smaller players tend to announce their handsets
in the summer. Google's Motorola has revamped its Droid family
with new Mini, Ultra, and Maxx
smartphones; they're available for pre-order today at $99, $199,
and $299, respectively. All the devices feature K evlar backing,
improved performance, and HD screens (including an 1080p display in
the Droid Ultra). Maxx boasts an enormous 3,500mAh battery that
runs for 48 hours
But the major summer announcement from Google-Motorola is yet to
come: Details about theMoto X, the flagship device
dubbed "the first US-made smartphone,"
will be officially announced
on August 1
), once a venerable market leader, is now desperately trying to
catch up to Apple and
(OTCMKTS:SSNLF) by continuously lowering handset prices.
The Nokia Lumia 625 smartphone that was
will hit the shelves in early September for around $290
off-contract; it offers robust tech specs, including a 4.7-inch
screen (800x480) and LTE connectivity.
The company keeps lowering prices for its entry level Lumia 520/521
the world's most popular
) Windows Phone
(TMUS) version, Lumia 521, was recently
priced down to $99 (and less) off-contract
- compared to
(WMT). And an "international version" of the device, Lumia 520,
will arrive at
at $99 off-contract on July 26
Competition is heating up in the handset component market, too.
Motorola said that it was
using its own 8-core chips in the new Droid
, providing the devices with 24% more processing power and a 100%
graphics boost. Samsung just
unveiled its new Exynos 5 Octa chips
(ARMH) solutions, featuring 3D graphics capabilities that are twice
as good as previous chips in the Octa family.
Cyber security companies are on the rise, raising venture
capital amidcyber threat fears.
The recent boom in media attention focused on digital privacy,
cyber security, andcyber surveillance has cast some light on the
Cyber security startups are on the rise, collectively
reaping about $700 million in financing
from venture capitalist backers. Bigger public M&A deals are
happening, too: Today
announced its $2.7 billion acquisition of
, a company that specializes in solutions that protect companies
fromcyber threats .
With the exception of public companies like
(BAH), most security heavyweights like Endgame or Shape Security
are privately owned.
The increase in cyber protection expenditures comes as no surprise,
given the market's awareness of the threats facing the tech
Cyber attacks might drain as much as $120 billion per year from the
US economy, according to a
(INTC) McAfee and the Center for Strategic and International
Studies. The global numbers are even more spectacular, with an
estimated annual loss of between $300 billion and $1 trillion.