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    Samsung to acquire US cloud service firm to boost software 

    By SHOOTUpdated:No Comments1289 Views

    By Youkyung Lee, Technology Writer

    SEOUL, South Korea (AP) --

    Samsung Electronics has agreed to buy a U.S. cloud service startup to boost its software and internet services.

    The South Korean company said Thursday that its acquisition of Joyent Inc. will enable Samsung to access its own cloud platform to run its internet-based services, apart from renting other companies' data centers. The company did not disclose financial terms.

    The move will likely accelerate Samsung's push to develop services that rely on external computing power for quick and large-scale data analysis.

    Software has been a traditional weakness for Samsung, one of the largest tech hardware manufacturers and the world's top supplier of smartphones, television sets and memory chips. The Korean company opened its Global Innovation Center in Silicon Valley in 2013 to help fortify its software and services.

    The company has been buying U.S.-based startups, responding to suggestions that it use outside expertise and technologies to more quickly adapt to the changing business environment.

    Demand for cloud computing is growing as more smartphones and internet-connected devices run apps and software that process data, such as photos, on the internet, with many companies relying on remote data centers operated by companies like Amazon.

    Among other notable acquisitions, Samsung bought mobile payment technology developer LoopPay last year. Using LoopPay's technology, it launched mobile payment services in the U.S., China and South Korea, among other countries. Analysts say the new services have helped Samsung's sales of mobile devices as consumers ditched plastic cards for smartphones.

    In 2014, Samsung acquired SmartThings, a U.S. company that helps control internet-connected home appliances.

    Tags:JoyentSamsung



    A Closer Look At Proposed Measures Designed To Curb Google’s Search Monopoly

    Thursday, November 21, 2024

    U.S. regulators are proposing aggressive measures to restore competition to the online search market after a federal judge ruled Google maintained an illegal monopoly for the last decade.

    The sweeping set of recommendations filed late Wednesday by the U.S. Department of Justice could radically alter Google's business, including possibly spinning off the Chrome web browser and syndicating its search data to competitors. Even if the courts adopt the blueprint, Google isn't likely to make any significant changes until 2026 at the earliest, because of the legal system's slow-moving wheels.

    Here's what it all means:

    What is the Justice Department's goal?
    Federal prosecutors are cracking down on Google in a case originally filed during near the end of then-President Donald Trump's first term. Officials say the main goal of these proposals is to get Google to stop leveraging its dominant search engine to illegally squelch competition and stifle innovation.

    "The playing field is not level because of Google's conduct, and Google's quality reflects the ill-gotten gains of an advantage illegally acquired," the Justice Department asserted in its recommendations. "The remedy must close this gap and deprive Google of these advantages."

    Not surprisingly, Google sees things much differently. The Justice Department's "wildly overbroad proposal goes miles beyond the Court's decision," Kent Walker, Google's chief legal officer, asserted in a blog post. "It would break a range of Google products — even beyond search — that people love and find helpful in their everyday lives."

    It's still possible that the Justice Department could ease off on its attempts to break up Google, especially if President-elect Donald Trump... Read More

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