Steve Jobs resigns from Apple

Steve Jobs resigned yesterday as chief executive of Apple that ended his 14-year supremacy at the technology giant he co-founded in a garage.

Analysts do not anticipate Jobs’ resignation however it has been foreseen. On the other hand,company has enchanted product-launch roadmap, including possibly a new iPhone in September and a third iteration of the iPad tablet in 2012.

Jobs’ often-gaunt appearance has sparked questions about his health and his ability to continue at Apple.

“I will say to investors: don’t panic and remain calm, it’s the right thing to do. Steve will be chairman and Cook is CEO,” said BGC Financial analyst Colin Gillis.

Apple shares slid to $357.40 in extended trading after a brief halt. They had gained 0.7 percent to close at $376.18 on the Nasdaq.

Analysts again expressed confidence in the Apple bench, headed by longtime company No. 2 and supply-chain maven Cook.

“Investors are very comfortable with Tim Cook even though Jobs has been a driver of innovation and clearly an Apple success. Tim has shown Apple can still outperform extremely well when he’s been acting as CEO,” said Cross Research analyst Shannon Cross.

“I don’t know if it’s a health issue. I don’t know if it is a shock. Most likely it was going to happen at some point. Why today versus another day? I don’t know.”

Letter from Steve Jobs:

To the Apple Board of Directors and the Apple Community:

I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple’s CEO, I would be the first to let you know. Unfortunately, that day has come.

I hereby resign as CEO of Apple. I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee.

As far as my successor goes, I strongly recommend that we execute our succession plan and name Tim Cook as CEO of Apple.

I believe Apple’s brightest and most innovative days are ahead of it. And I look forward to watching and contributing to its success in a new role.

I have made some of the best friends of my life at Apple, and I thank you all for the many years of being able to work alongside you.

DENR bans social media access during office hours

Department of Environment and Natural Resources (DENR) is enforcing a ban on the use of several social networking sites particularly Facebook and YouTube by workers in the office. This action concerns about the security and productivity of the agency.

DENR Secretary Ramon Paje suspected that some employees were able to access some banned websites by exploiting glitches in their server firewalls .

In response, Paje issued a prohibition on accessing Facebook, Twitter, Friendster, Multiply, Meebo, and similar social networking sites within the office. Also, playing online games during office hours is prohibited. Such access suffers the security and productivity of the workforce in the agency.

The agency will be conducting a software audit to stamp out the users who have exploited the server firewalls.

“Anyone, regardless of employment status, caught using proxy software to access banned sites shall be subjected to Civil Service rules and regulations,” he said in a statement.

Violators could face a variety of actions from DENR administration, from reprimand, suspension, to outright dismissal, citing a Civil Service Commission Memorandum.

Not all government agencies restrict their employees from accessing social networking site. Among most recent to implement a bans South Cotabato where Governor Arthur Pingoy, Jr. cited that allowing social networking sites during work hours would only cause disruption of employee productivity.

Worst-Dressed Men in Technology

Mark Zukerberg, Facebook CEO

Mark Zukerberg, Facebook CEO

Mark Zuckerberg, CEO of Facebook, was named the worst-dressed man in technology by GQ magazine, beating out Apple CEO Steve Jobs. This proved that enormous sums of money can’t acquire fashion.

Maybe, Mark Zuckerberg was unaware that suits do exist. He may done wearing suit jackets in the past, such as when he met with President Barack Obama for a tech summit with major technology executives, but stuck with his trademark jeans even on these special occasions.

Steve Jobs, Apple CEO

Steve Jobs, Apple CEO

He managed to beat Steve Jobs the CEO of Apple that took the second place in GQ’s poll that was criticized for his trademark uniform of “black turtleneck, dad jeans and Seinfeld kicks.”

According to GG Magazine, “Apple releases an iPhone every 0.5 seconds but Steve Jobs never gets an upgrade.

Bill Gates, Microsoft CEO

Bill Gates, Microsoft CEO

Taking third place was Microsoft founder Bill Gates, which GQ took down for his “lazy preppy” wardrobe.

Of course, Zuckerberg, Jobs, Gates and other tech leaders probably are too busy guiding world-changing technology companies to make style much of a priority.

Google+ the fastest-growing social network ever

Currently, Google+ is said to be the fastest growing social networking site compare to Facebook, Myspace and Twitter said by experts.

Google+ earned its 25 million unique members for just almost one month after it was launched last June 28 compare to other social networks that took 22 months for Myspace, 33 months for Twitter and 37 months for Facebook to earn their first 25 million members. It is according to Andrew Lipsman, vice president for industry analysis at tracking firm comScore.

“Obviously, this is a very strong growth trajectory,” Lipsman said.

He cautioned, however, that Google “has a really large user base it can build off of” with its one billion users worldwide.

And it still has a “really long way to go to be competitive with Facebook,” Lipsman said.

Google+ is the fastest by a long shot but it’s important to realize that fastest may not always be best,” he said. “Sometimes, that slow build can lead to a strong network effect that pays long-term dividends.”

Google+ users (according to comScore)

United States: 6.4 million

Canada: 1.1 million

Britain: 1.1 million

Germany: 920,000

On the other hand, even though Google+ is showing a very strong feedbacks from its users, Steve Rubel, executive vice president for global strategy and insights at public relations firm Edelman, believes that Facebook is not “vulnerable immediately” to Google.

“I don’t see (Google+) taking significant share from Facebook in the next 18 months,” Rubel said.

At the same time, “what we have seen is that over the years there’s never been a social network or community that has had significant staying power,” he said. “There’s always a shuffling every two or three years, a changing of the guard.

“We saw it with Myspace,” he said of the one-time social networking leader that has been eclipsed by Facebook and hemorrhaging users ever since.

Rubel said Google was compelled to try its hand at social networking because Facebook is restricting the access of its search engine to Facebook content.

“What’s happening is more content is being created behind Facebook’s walls than ever before and a lot of that content is invisible to Google,” he said.

“Conceptually, at least, they’re building kind of an alternate Web… There’s also an entire Web that is app-based on mobile phones. That is also invisible to them.”

Rubel said it was conceivable that more content would be invisible to them in five or 10 years than what the search engine can see today when created on Facebook or inside apps.

“So they had to make a play to get more people to create content on their site,” he continued. “It’s to get more people to spend time on Google.”

In unveiling Google+, Google stressed the ability it gives users to separate online friends and family into different “Circles,” or networks, and to share information only with members of a particular circle.

One of the criticisms of Facebook is that updates are shared with all of one’s friends unless a user has gone through a relatively complicated process to create separate Facebook Groups.

Apple’s third quarter record

Apple more than doubled its net income during its fiscal third quarter, which ended June 30, to $7.3 billion, or $7.79 per share.

Analysts’ census by Thomson Reuters had expected earnings of $5.85 per share.

Apple’s stock price increases 5% after hours, at one point soaring above $400 for the first time. The company’s shares had closed at a record high of $376.85 on Tuesday.

Sales for the Cupertino, Calif.-based company rose 82% to $28.6 billion, peaking analysts’ forecasts of $25 billion.

Peter Oppenheimer, Apple’s chief financial officer, said he anticipates the company to produce sales of $25 billion and earnings per share of about $5.50 during the current quarter. As always, Apple’s ultra-conservative outlook should be taken with a grain of salt. For instance, Apple beat its own fiscal third-quarter sales forecast by 24% and its profit forecast by 54%.

Analysts expect sales of $27 billion and earnings of $6.45 per share in its fiscal fourth quarter.

Source:Apple’s record day

New solar manufacturing plant in the Philippines

First Philippine Solar Corp. (FPSC) in partnership with Nexolon Corp, a Korean company, will be establishing a new solar manufacturing plant in the Philippines. The said plant is expected to produce 400 megawatts worth of solar wafers each year.

The company is also a partner of the Congressional Commission on Science Technology and Engineering (COMSTE) in mounting renewable energy systems.

“Our company will keep developing strategic partnerships with technology leaders that will complement the manufacturing excellence and expertise of First Philec,” Arthur de Aguia, President of FPSC.

“The company will also undertake research and development activities that focus on improvements in technology, process and equipment for the solar industry.” He added

FPHC intends to grow its investments in manufacturing to provide a strong backbone to the country’s economy, founded on technological advancement and increased ability to add value to products and manufacturing services for the global market.

Currently, SunPower, one of world’s largest solar manufacturers, previously has two solar wafer fabrication plants in the country even before the detonation of renewable energy investments.

The increasing number of renewable energy investment in the Philippines proves that the country is in the right path of being aware of climate change issues. This statement is according to Greenpeace campaigner, Amalie Obusan.

Renewable energy costs between P8 to P20 per kilowatt and this is expected to go down as more companies invest in renewable energy in the country, Obusan said

Microsoft is ready to purchase Skype after FTC’s approval

Microsoft bayouts Skype

Microsoft bayouts Skype

Microsoft Corp, a software giant, has now vested a right by the Federal Trade Commission (FTC) to carry on the company’s largest deal of $8.5 billion to purchase the chat and call service of Skype.

FTC and Department of Justice have announced its approval in the $8.5 billion deal. According to the FTC’s website, the two agencies must review any deal worth more than $65.2 million,

Microsoft already has a Skype-like service called Windows Live. However, Skype lets users of different kinds of computers and phones chat directly. The deal could let Microsoft sell more digital advertising and offer more popular business conferencing tools.

Microsoft’s bid is more than three times Skype’s value 18 months ago when eBay Inc. sold a two-thirds stake to private equity firm Silver Lake.

Skype feature in Facebook

Skype feature i Facebook

Skype feature in Facebook

Mark Zuckerberg revealed the new feature of Facebook, the most popular social networking site on earth, in cooperation with Skype, the instant messaging and voice chat provider. He showed the new feature during an event in the headquarter of Facebook in Palo Alto.

“We think this is awesome because we’re using the best technology that’s out there for doing video chat with the best social infrastructure that’s out there,” said Mark Zuckerberg.

The new Skype feature comes with enhanced group text chat which allows for multi-person interactions and a camera icon that can be clicked on for instant one-on-one video calls with friends.

Is this the response of Facebook with the Google+ Hangout feature? Maybe, Mark Zuckerberg was threatening with the Google+ that was launched just last week. However, he said that it was planned to add Skype feature way before Google launches its social networking site and Microsoft plans to buy the Skype.

“There is this clear arc where the world generally believes (social networking) is going to be everywhere,” Zuckerberg said. “In a matter of time it will be billions, whether it is us or somebody else doing it.”

Mark Zuckerberg most followed in Google +

Mark Zuckerberg most followed in Google +

Mark Zuckerberg most followed in Google +

Mark Zuckerberg most followed on Google +

It is embarrassing for the CEO, Larry Page, and co-founder, Sergey Brin, of Google that Mark Zuckerberg the CEO of Facebook is the most followed user on Google+. It is according to Google+ statistics counter today.

Mark Zuckerberg has 21,213 followers compared to the Google CEO at 14,798. It is also becoming awkward knowing that Google had launch the Google + as a new social network that aims to take over the Facebook.

Google + has five basic components:

Circles allow the users to group their contact such as ‘friends’, ‘work’ or ‘family’. This feature lets you share your post with the certain groups that you wanted.

Sparks act like news feed in Facebook. It shows the relevant updates in your account.

Hangouts feature is live group video chat that aim to encourage spontaneous meeting with up to 10 contacts.

Instant Uploads, users can upload their phone pictures or video in a private album. From that album the users can decide whether with whom she/he wants to share

Huddle is a group texting feature. This feature lets you have a group chat through your phone.

Facebook recorded 21,759,280 Filipino users which is about 23% of the total population of Philippines. Being one of the top countries that uses Facebook last January 2011, will Google be successful in shifting the interest of Filipinos from Facebook to Google +.

PLDT and Digitel still committed

PLDT-SUN Merger

PLDT-SUN Merger

There are many legal impediments that embedded in acquisition of Digitel Telecommunications Philippines Inc. (Digitel) by the Philippine Long Distance Telephone Co. (PLDT). So, the closing date of taking over Digitel was postponed.

In a separate statement, the two tycoons still express their commitment in pursuing the P74.1-billion deal.

“The parties remain committed to this deal since it stands to bring substantial benefits not only to the shareholders but also to the consumers and the general public who will all benefit from the combined expertise of the PLDT group and Digitel,” PLDT chair Manuel V. Pangilinan said.

While pursuing the P74.1 billion deal of PLDT and Digitel, another legal matter came into the middle. When, Supreme Court ordered PLDT a probe into the PLDT’s ownership structure. The company was said to be violating the 40% foreign ownership restriction for public utility companies. However, the CEO of PLDT, Pangilinan,  assures that foreign ownership of PLDT is way below 40%.

The two companies are still confident with the positive outcome regarding legal issues that government want them to answer.