Tag Archives: msft

Facebook’s Oculus Rift: Reviews Mixed, As Content Still Lags

What’s clear from the swath of reviews of the Facebook ( FB )-owned Oculus Rift virtual-reality headset is that the technology has most certainly arrived, but for the most part, the content still needs to follow. From the reviews and my own experience with the Rift, it’s hard to argue that — at the very least — new types of video games are right around the corner. The Rift is a solid piece of technology that works reasonably well under most circumstances, and video game reviewers  mostly agree . Hardware-wise, the main gripe among the reviews was that the Rift didn’t ship with motion sensitive controllers that Oculus demonstrated this month at the Game Developers Conference in San Francisco. The Rift shipped with a Microsoft ( MSFT ) Xbox One controller. Such controllers would allow anyone donning the headset to make gestures and manipulate VR content in a more life-like fashion. The motion-sensitive controllers are coming later this year, Facebook says. But as IBD reported from GDC on March 17, the hardware is here (or within a whisker), but the content has yet to come. It’s not clear whether the software shipped with the VR headset will match the impressive hardware. Of the titles I tried at GDC, none were too compelling, though I sampled a mere seven games. Reviewers at the  New York Times , the  Wall Street Journal  Digits blog (but not the newspaper itself ), and gaming website IGN  (among others) agree with my assessment. The Rift debuted with 30 titles, ranging from $10 to $60. The majority of the reviews that IBD looked at for this post were in gaming publications, and reviewers acknowledged little out there yet in the way of worthwhile non-gaming VR content, such as VR movies that video-streaming companies such as  Netflix ( NFLX ) are exploring. The Rift headset’s $600 cost was cited in many reviews as a deterrent to all but the most dedicated of gamers — especially considering the headset requires a PC with advanced graphics hardware that runs about $1,000. And it doesn’t yet work with Apple’s OS X. Many reviews of this first-generation Rift, such as the review by the New York Times, said reviewers eagerly await better content and future generations of the device. And Facebook will soon have company. HTC plans to launch its VR headset, Vive, in April. It will retail for about $800 and feature hardware similar to that of Facebook’s Rift. Sony ( SNE ) also has a VR offering coming for its PlayStation console, likely to hit stores in Q3 or Q4.

Tesla’s Apple, AMD Hiring Scoops Could Squeeze Chipmaker Nvidia

Tesla Motors ’ ( TSLA ) poaching of key Apple ( AAPL ) and Advanced Micro Devices ( AMD ) engineers could squeeze graphics-chips partner Nvidia ( NVDA ), an MKM analyst wrote Monday ahead of Nvidia’s April 5 analyst day. But MKM analyst Ian Ing reiterated his buy rating and 39 price target on Nvidia stock, which was up 1% in afternoon trading on the stock market today , earlier touching an eight-year high at 34.98. Nvidia and Tesla have partnered in machine-learning — widely seen as key to autonomous driving — for the better part of a decade. Last year, Nvidia’s automotive segment grew 80% — to $320 million in revenue. Together, the duo faces stiff autonomous-driving competition from rivals like General Motors ( GM ), Alphabet ( GOOGL ) and Apple. Tesla CEO Elon Musk has famously called Apple the “ Tesla graveyard,”   saying Apple has hired engineers that Tesla had fired, but recent reports indicate that Tesla might be swiping Apple and AMD engineers. Still, Ing says those engineers aren’t as steeped in graphics processing units and machine learning as Nvidia’s staff. “Although there are widely reportedly headlines that Tesla has been hiring chip architects from Apple and AMD, we note that expertise has been focused more on multi-purpose application processors vs. the GPU accelerators necessary for machine learning,” Ing wrote. Nvidia stock rocketed 35% over the past month, recovering from a five-month low of 24.75, hit Feb. 12. On Feb. 17, Nvidia reported record Q4 and 2015 sales that easily topped Wall Street expectations. Core gaming brought in 58% of Nvidia’s January-quarter sales, but the chipmaker also has a bright future in virtual reality, self-driving cars, autonomous drones and cloud data center acceleration, Ing wrote. And a recent data center wave featuring  Qualcomm ( QCOM ), Intel ( INTC ), Broadcom ( AVGO ), Integrated Device Technology ( IDTI ) and Inphi ( IPHI ) will likely lift Nvidia’s tide as well, Ing wrote. Last month, Nvidia noted its alliances with Chinese Internet major Alibaba ( BABA ) and Facebook ( FB ) for speedy artificial-intelligence chips. This year, Google joined Facebook’s Open Computer Project, which aims to lower the cost of data center ownership. Google also announced a beta “cloud machine learning” service that lets users customize machine learning, ahead of Amazon ( AMZN ) Web Service and Microsoft ( MSFT ) Azure. Image provided by Shutterstock .

Microsoft Reportedly Among Those In Yahoo Acquisition Mix

The process of finding a buyer for struggling Web portal Yahoo ( YHOO ) is reportedly in the middle of its first round, and interest is high, according to a CNBC report , which cited sources close to the matter. This comes after a separate report said  Microsoft ( MSFT ) might put up “significant” financing in a bid for Yahoo. Microsoft executives are in talks with potential investors about providing funds to buy the troubled Internet company , Re/Code reported. A Reuters report said those talks are in the early stages. Microsoft and Yahoo have a longstanding search and ad partnership, and Microsoft is focused on preserving that relationship, it said. Private equity firms interested in Yahoo have approached Microsoft, Reuters said. Microsoft declined to comment. Microsoft has been meeting with private-equity firms and saying it might lend “significant” financing in a bid for Yahoo, according to Re/Code . In 2008, then-Microsoft CEO Steve Ballmer tried to buy Yahoo for about $45 billion. Yahoo’s overall market cap is now $33 billion, but that includes its its major stakes in China e-com leader  Alibaba Group ( BABA ) and in Yahoo Japan. Minus those holdings, analysts have pegged the price of Yahoo’s core business at $6 billion to $8 billion. Excluding its 15% stake in Alibaba, Rosenblatt analyst Martin Pyykkonen said in an industry note last week : “Yahoo’s current market cap implies $3.3 billion valuation for the core business and the Yahoo Japan stake. We think the fundamental outlook for Yahoo as a ‘growth’ stock is continuing to erode, especially in light of strong secular trends which are benefiting the likes of Facebook ( FB ) and Google owner Alphabet ( GOOGL ), both of which have more revenue concentration from mobile advertising.” Possible Yahoo Buyers Said To Include AT&T, Verizon Re/Code said that Yahoo started engaging with “strategic” bidders that include AT&T ( ATT ), Verizon ( VZ )and Comcast ( CMCSA ), with private equity and other investment firms to come next, the report’s sources said. Interested parties reportedly include Advent International, Vista Equity Partners, TPG and KKR ( KKR ). Verizon Chief Financial Officer Fran Shammo said in December that the U.S. wireless carrier could look at buying Yahoos’s core business if it were a good fit. Activist investor Starboard Value announced Thursday that it wants to sweep  out all of the ailing Web company’s nine directors and replace them with its own slate during Yahoo’s 2016 shareholder meeting. This month, Yahoo appointed two members to its board: Catherine Friedman, a former managing director at Morgan Stanley ( MS ), and Eric Brandt, a former chief financial officer at  Broadcom ( AVGO ). “This is gearing up to be an epic proxy fight, and we believe that this will create a significant overhang on Yahoo shares,” said Mizuho analyst Neil Doshi in an industry note on Thursday. “It’s unusual to see an investor try to replace an entire board, but this clearly highlights to us that Starboard does not trust any of the existing board members will do what needs to be done to create value for Yahoo shareholders.” Yahoo Chief Executive Marissa Mayer has struggled to turn the company around in her nearly four years as Yahoo’s leader. Yahoo stock was up 1%, near 35, in afternoon trading in the stock market today .