The Moto 360 Watch

[Moto 360]

Moto 360 watch price, release date: Rumors suggest that Motorola's Android wear smartwatch is set for release soon. IT Portal noted from the recently concluded Google I/O conference that the Moto 360 would be out later in the summer.

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The Moto 360 is so far the only android watch with a circular screen and high quality metal construction. Will this smart device be worth the wait?

Motorola teases about this smart gadget showing off some of the design elements of the smartwatch explaining why the company chooses a round watch. Here are the rumored things to look forward to about the Moto 360.

Customization

According to Expert Reviews, the Moto 360 will come with a choice of metal or leather straps based on the limited images revealed by Motorola.

Reportedly, the company confirmed that there will be other available selection at the smartwatch's debut. The Moto 360 can easily copy the appearance of a classic analogue wristwatch with its leather strap. A futuristic look can also be displayed with a digital face and metal strap combination.

Specs

GottaBeMobile reported that the Moto 360 the screen should be at least 280 x 280, if not higher based on the hands-on videos floating around.

Rumor suggests that the Moto 360 watch screen is a custom-made OLED display. Reportedly, OLEDs consume as much as 40% less power when displaying black images vs LCDs because they can turn off individual pixels. The opposite is true for battery-draining white backgrounds.

This custom-made OLED display with mostly black watch face screensaver will help to reduce battery life consumption.

Tech Radar reported that Motorola confirmed that the Moto 360 charges wirelessly via magnetic induction. Motorola's Andoid wear photos reveal the rear of the watch features a strange purple backing. It is speculated to be used for the Qi charging method.

Compatibility

Motorola confirmed according to Tech Radar that the Moto 360, which runs with Google's Android Wear OS, is compatible with all Android 4.3 and Android 4.4 phones and tablets that take advantage of battery-sipping Bluetooth 4.0 technology.

Price

Although there's no official announcement yet, Motorola casually hinted on the price of the smart gadget through the official rules of a contest, suggesting that its "average retail value" is $249.

MobileFun states the Moto 360 will retail for $279 in the United States, although the model option or variant is not stated.


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Tags : technology, android, wacth, moto 360, motorolla

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World Cup Contracts Competition Commission Findings

South Africa's government is putting pressure on construction companies to make further payments as punishment for rigging contracts to build stadiums for the 2010 FIFA Soccer World Cup and other projects.

 

Antitrust authorities fined 15 builders, including Murray & Roberts Holdings Ltd. (MUR) and Aveng Ltd., a total of 1.5 billion rand ($141 million) in June 2013, after a probe that spanned almost four years found they colluded to drive up prices.

 

"The 1.5 billion rand in penalties is not the end of the story with the construction industry," Economic Development Minister Ebrahim Patel told lawmakers in Cape Town today. "We are now in discussion with the construction industry on a restitution package for their collusion and price fixing."

 

The Competition Commission probe found that companies held meetings to rig profit margins on the construction of six stadiums ahead of the soccer tournament. Murray & Roberts, South Africa's biggest listed builder, and competitors met twice and agreed to exchange cover prices, allocate tenders and aim for a 17.5 percent margin, according to documents on the competition tribunal's website. The papers also detailed collusion on projects ranging from roads to offices.

 

"We are in discussions with the government on a settlement package, which the government and the participating construction companies will unveil at an appropriate time yet to be mutually determined," Webster Mfebe, chief executive officer of the South African Forum of Civil Engineering Contractors, said in an e-mailed response to questions.

 

Murray & Roberts was fined 309 million rand, Aveng Ltd. (AEG) 307 million rand, Wilson Bayly Holmes-Ovcom Ltd. 311 million rand and Stefanutti Stocks Holdings Ltd. 307 million rand.

 

Patel didn't specify which companies are being targeted to make additional payments or how much the government expected to raise.

 

 

 

Source : bloomberg.com

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Tags : South africa, technology, world cup, stadium, anti trust

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Apple Latest Revenue Sales For 2014

Apple has released its latest quarterly earnings report, and the hardware story is one that you might have heard before: For the most part, the company sold more devices year-over-year, with the notable exception of the iPad, which continues to see slight declines as it did last.

By the numbers, Apple sold 35.20 million iPhones, 13.27 million iPads, 4.41 million Macs and 2.96 million iPods. During the same quarter last year, Apple sold 31.24 million iPhones, 14.62 million iPads, 3.75 million Macs, and 4.57 million iPods.

Analysts had anticipated sales of 35.78 million iPhones, 14.43 million iPads, 3.93 million Macs and 2.34 million iPods for the quarter. It beat expectations for Macs and iPods, but everything else fell slightly below predictions. The 12 percent increase on iPhone sales beat last quarter's 7 percent growth, however, and Macs grew nearly 20 percent year over year.

Apple has been riding high on iPhone gains, despite it being late in the refresh cycle for the smartphone, which generally gets a new version come fall. These results mean it's still doing well despite rumours of a new device with a larger screen.

The slight dip in the iPad numbers isn't encouraging for the potential growth of that segment, but it's also been a while now since the tablets were updated, and Apple still clearly rules the roost when it comes to slate devices. If this market is stalling as some suggest, it isn't a problem unique to Apple.

The iPad earned Apple 8 percent less revenue compared to last year, while the iPhone revenue grew by 9 percent. Mac revenue was up 13 percent, while iPod units shipped were down 36 percent, resulting in a 40 percent revenue drop year-over-year.

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Source : techcrunch.com

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