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Apple's Stock Drops

Apple's stock has been dropping the past couple days. Their stock has dropped $113 Billion dollars worth of value over the past couple days and is down about 14% from their peak. I don't think there were many people who didn't think that Apple's stock was a bit overvalued but I don't think there were many people who thought it would correct itself so quickly. USA Today has all the details.

Apple shares fell significantly for the second day Tuesday — bringing investors' paper losses to staggering levels and putting the stock further into correction territory.

Shares of Apple finished down $3.80, or 3.2%, to $114.64 in regular trading Tuesday, meaning they've fallen more than 14% since hitting their high of $134.54 on April 28. Given the massive size of Apple's market value, this sell off is enormous in that it has wiped out $113 billion in paper wealth. The sell off essentially erases more than the entire market value of corporate giants including Nike at $98 billion or McDonald's at $95 billion, separately.

People Keep Cutting the Cord

People keep cutting the cord with their cable providers and now the stocks of these cable companies are starting to reflect that. For years the cable tv providers denied that people were leaving but investors have realized that the Netflix and Hulus of the world are having a huge impact. Time Warner has dropped 9%, Discovery 12%, Disney 9%, and 21st Century Fox and Viacom have dropped 7%. I think the cable providers are finally noticing they are in trouble, however, the fact that they've waited this long to either drop their prices significantly or try and compete with online services that can rival the competition could be the end of some of these companies. BGR takes a closer look at the cord cutting revolution over here.

Surveying the damage, shares of Time Warner, Inc. fell by 9% on Wednesday, Discovery Communications Inc. shares fell by 12%, 21st Century Fox shares fell by 7%, Viacom by 7.5%, and Disney by 9.2%. All told, yesterday was a major bloodbath for pay TV stocks and even the most bullish cable analysts can no longer deny cord cutting’s impact on the industry.

What’s really driving these sell offs is the realization that content providers will no longer be able to keep jacking up rates they charge cable companies for the rights to broadcast their content. This downward pressure on licensing prices is coming both from over-the-top streaming services such as Netflix and Hulu, and also from cable companies that are pushing content providers to accept “skinny” bundles that offer consumers cheaper monthly rates for more tightly focused packages of channels.

WTU Episode #323 - Kentucky vs. Technology

We have just posted up Episode #323 of Weekly Tech Update. In this episode we are discussing Windows 10 is a hit, Sharp isn't making TVs anymore and this just in: Kentucky man shoots down drone. Check out those stories and more at the links below.

 

Download Episode #323
Show Notes
Subscribe to the feed.
Subscribe in iTunes! alt
 

 

Watch Microsoft Press Conference at Gamescom

If you want to see all the goodies that Microsoft announced at Gamescom yesterday, make sure you check out the full press conference below.

 

Xbox One Gets Windows 10 in November

Windows 10 is not just for your desktop, laptop, tablet and phone. No sir. It's also coming to your Xbox One as eary as November. In truth, there will be a preview program available in September, but the update should all be smoothed out and ready for prime-time in November. Along with that update comes a lot of new features including DVR, better Cortana integration (require Kinect) and a lot more. It should be a great update to an already solid platform.

One of the key new features in the Xbox One dashboard update is Cortana integration. You can say "Hey Cortana, record the last minute and share it to my activity feed" and it will publish a game clip straight away. Likewise, "Hey Cortana, start a party and invite Amanda" will invite a friend into a voice chat all without having to lift your fingers from your controller.

Source: TheVerge

Linux vs. Windows 10 Shadow of Mordor Performance

The alternative OS guys have put together an interesting benchmark that puts Microsoft's latest OS (Windows 10) up against Ubuntu Linux. The game they are playing fully supports Linux and it is interesting to see how a completely free-forever OS can hold up to the big guys. Of course what they don't show is the painful installation that graphics card drivers can be. Windows 10 is pretty fast - when compared to Ubuntu at least.

When your quote about Linux is "At least the NVIDIA Linux driver is able to run this game..." That's not a good sign.

As the graphical quality increased, the Windows performance advantage didn't decrease but continued running much faster than Ubuntu 15.04 Linux with the stable NVIDIA proprietary graphics driver. At least the NVIDIA Linux driver is able to run this game without frightening issues compared to the AMD Catalyst driver.

Source: Phoronix

Lexus Hoverboard is Here

While the world is all getting excited about the Lexus hoverboard (and it IS cool), the technology has been around for quite a while. It's simply Maglev that uses liquid nitrogen cooled semi-conductors that are combined with a magnetic surface and the result is a device that repels gravity. It is pretty cool.

 

Gabe Newell Chips in $18 Million for DOTA 2 Championship

League of Legends gets a lot of hype when it comes to professional gaming, but DOTA 2 has a very large following and a sweet tournament as well. Valve's Gabe Newell has just announced that they are chipping in $18 Million for the new DOTA 2 International Championship, so if you play, you should look into how to register your team to be part of the fray. For $18 Million, it's worth a shot - if you're any good at all. Good luck!

Dota 2 is a terribly addictive game and it makes for a fine competitive spectacle as well, judging by the viewer numbers it attracts on streaming services like Twitch. It isn't quite on the same level of popularity as the similar League of Legends - another team-based battle game where the goal is to destroy the enemy's base - but The International is certainly the most prominent tournament in the genre of competitive gaming.

Source: TheVerge

Windows 10 Install Base Now 67 Million & Growing

Windows 10 is pretty much a success already. While there will no doubt be some issues that raise their heads as more people install the new Operating System, the fact that it is free helps calm people down if something isn't working right on day 1. That being said, everything is working great for me an all the machines I've upgraded. Just a few days in, Microsoft is over 67 Million installs - the number which has been confirmed as of Sunday morning. I'm sure it's much larger now.

A Microsoft employee who wishes to remain anonymous to the public has informed Windows Central that as of 8 AM this morning, the Windows 10 OS has reportedly been installed on a massive 67 million machines. Even more interesting is the claim that Microsoft hit a max bandwidth of 15 Tb/s, topping the previous record of Apple's 8 Tb/s during their last OS push. Microsoft has reportedly reserved up to 40Tb/s "from all of the third-party CDNs combined".

Source: WindowsCentral

Customize Your New Start Menu

If you've downloaded and upgraded to Windows 10, you may love the new (oldish) Start Menu. I personally love it, but there are a few changes that I'd like to make as some of the tiles aren't relevant to me and how I use my computer. I want to make it more "me" and less an out-of-the-box installation. Thankfully, customizing the Start Menu isn't actually that hard, and if you want to do it, head on to the link below for all the details from our friends over at Neowin.

If you do want tiles, the first thing you will want to do is add the apps that you will use the most. You can add tiles by clicking on Start, all apps, then finding the apps you want to add, right clicking on them and selecting "pin to start." By doing this, the tiles will now show up on the right side of the Start menu next to all of the other tiles.

Start

Source: Neowin

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