Archive for October, 2018

Samsung acquires network analytics startup Zhilabs to help its transition to 5G

Samsung Electronics is betting that acquiring Zhilabs, a real-time networks analytics startup based in Barcelona, will ease its transition from 4G to 5G technologies. Financial details of the deal, which was announced today, have not been disclosed. Zhilabs will be fully owned by Samsung, but it will continue to operate independently under its own management. The acquisition of Zhilabs is part of Samsung’s initiative, announced in August, to invest 25 trillion won (about $22 billion) in businesses working on AI, 5G, components for self-driving vehicles, and biopharmaceutical technologies. In a statement, Youngky Kim, Samsung Electronic’s president and head of networks business, said “5G will enable unprecedented services attributed to the generation of exponential data traffic, for which automated and intelligent network analytics tools are vital. The acquisition of Zhilabs will help Samsung meet these demands to assure each subscriber receives the best possible service.” Founded in 2008, Zhilabs’ products are used by customers including Hewlett Packard Enterprise, Vodafone, and Telefonica to analyze and test network performance in real-time. Because its solutions allow service issues to be automatically detected and fixed, Zhilabs’ AI-based automation will help Samsung launch new services related to the industrial Internet of Things and smart cars.

Scribd and The New York Times announce a joint $12.99 subscription

If you want to subscribe to both Scribd and The New York Times, you can now do it for a combined price of $12.99 per month — particularly impressive when you consider that a standard NYT digital subscription costs $15.99 on its own. You sign up and pay through Scribd, but once you do, you’ll get separate logins. Those will give you full access to The Times’ website and apps, as well Scribd’s library of ebooks, audiobooks and more. (One caveat: You’ll need to be a new subscriber to both services.) The two companies have worked together in the past, both on a student subscription and by incorporating selected Times articles into the Scribd service. This, however, looks like their biggest partnership yet. When asked about the price, The Times’ vice president of customer experience and retention Dork Alahydoian said simply, “We felt the need to be competitive with other major services.” He added that The Times is hoping use these kinds of bundles to find and retain new subscribers. However, it hasn’t done many of these partnerships in the past — basically, a promotion with Spotify is the only one in the United States. “We definitely needed to make sure it was the right partner, the right audience, the right model,” Alahydoian said. In his view, Scribd was a good fit because it attracts a similar audience as The Times, namely educated readers who are “willing to pay for content.” As for whether The Times might do more deals like this in the future, he said, “We’re always looking for the right partnership. It’s about making sure it’s an impactful relationship.” Scribd, meanwhile, has been experimenting with subscription bundles of its own. In this case, CEO Trip Adler said he’s hoping to provide “everything you could want to read in one subscription.” “By having such a great offering, we think we can really expand the number of people who pay for news and for books and for written content,” he added.