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|By Marketwired .
Article Rating:
|May 22, 2014 04:01 PM EDT
SAN JOSE, CA -- (Marketwired) -- 05/22/14 -- TiVo Inc. (NASDAQ: TIVO)
- Service & Technology revenues were $86.0 million in the first quarter, an increase of 39% year over-year
- Adjusted EBITDA was $26.9 million, exceeding guidance
- Net Income exceeded guidance at $8.1 million, representing an $18 million year-over-year improvement
- Total TiVo subscriptions surpassed 4.5 million; reaching highest level in Company's history
- Record cable subscription additions contributed to the net 341,000 MSO subscriptions added in the first quarter
- First to power delivery of instant access to Netflix through TiVo-enabled operator set-top boxes in both Europe and North America
- TiVo-Owned quarterly gross additions increase 33% year-over-year; Subscription acquisition costs decreased significantly in the first quarter
- Digitalsmiths announced deployments with Charter, Sharp, and Moviefone and launched with DISH Network
- Repurchased $110 million of stock in the quarter
TiVo Inc. (NASDAQ: TIVO), a leader in the advanced television entertainment market, today reported financial results for the first quarter ended April 30, 2014.
Tom Rogers, President and CEO of TiVo, said, "This was another solid quarter of execution for TiVo as total TiVo subscriptions reached a record 4.5 million, driven by 341,000 MSO additions. Service and technology revenue grew 39% year-over-year and Adjusted EBITDA increased by over $25 million."
For the first quarter, service and technology revenues were $86.0 million. This compared to guidance of $85 million to $87 million and $61.8 million for the same quarter last year. TiVo reported Adjusted EBITDA of $26.9 million, compared to Adjusted EBITDA guidance of $22 million to $25 million, and compared to Adjusted EBITDA of $801,000 in the same quarter last year. Net income was $8.1 million, compared to guidance of $5 million to $8 million and a net loss of $(10.3) million in the same quarter last year. TiVo repurchased $110 million of stock during the quarter, bringing total stock repurchases to approximately $225 million over the last 15 months.
Rogers continued, "Our record subscriptions are the product of our leading advanced television technology and our growing relationships with operator partners and have contributed to our strong financial results this quarter. In 2011, TiVo launched our solution with three operators. Today, TiVo has launched or will shortly be launching a solution with 15 operators across the globe, not including Digitalsmiths' operator customers, which has significantly increased our MSO subscriber base. Importantly, the operators that have embraced TiVo have seen stronger competitive positions and improved operating metrics, including increased on-demand usage, lower churn, and higher revenue per subscriber.
"More specifically, in Spain, our partner ONO recently announced that the TiVo product has reached more than 382,000 active users, a growth of 59,000 subscribers in just the last quarter.
"In Sweden, Com Hem reported 74,000 TiVo subscribers, an increase of 36,000 subscribers over last quarter. Anders Nilsson, Chief Executive Officer of Com Hem, said during a recent earnings call that the TiVo rollout has become the fastest penetration yet among TiVo's international partners with 12% of their digital TV customers already subscribing. Nilsson added, 'With the introduction of TiVo, and the rights we have cleared, we have the only next generation TV service in the country.'
"Tom Mockridge, CEO of Virgin Media, which recently reported 2.1 million TiVo subscribers that now reach almost 60% of U.K. cable households, said in a recent news article that 'TiVo offers an unmatched user experience with intelligent search and recommendations helping viewers discover great entertainment, resulting in our customers watching more TV than before.'
"Our domestic partners as well have attributed the introduction of TiVo services to attracting and retaining customers, including Atlantic Broadband. An executive for that company recently said on an earnings call, 'We are already witnessing increased primary service unit sell-ins as well as increased ARPUs... we are now winning new [Primary Service Units] because we're offering TiVo in 90% of the territory.' And during a recent GCI earnings call, Peter Pounds, CFO, said, 'On the video front, the increased demand for TiVo has increased ARPU and reduced churn.'
"Turning to Digitalsmiths, we closed the $135 million transaction on February 14th, and the integration process is going well. Through Digitalsmiths, TiVo has advanced its ability to reach Tier 1 operators and others through its cloud-based capabilities. Digitalsmiths recently announced that Charter has begun deploying a solution to its nearly 5 million subscribers, starting with iOS and Android platforms, with additional devices and platforms planned, DISH Network also continues to rapidly expand its deployment of the Digitalsmiths' service. Digitalsmiths is successfully expanding our customer base beyond multichannel video operators as demonstrated by the announcements with Sharp Electronics and Moviefone. Sharp recently selected Digitalsmiths to create a video discovery experience for its 2014 line-up of AQUOS LED televisions and Moviefone recently launched a new website with recommendations powered by Digitalsmiths. In fact, the expanded use of Digitalsmiths by customers like DISH Network, Charter, and others led to a 270% increase in Digitalsmiths' transactions volume in April 2014 compared to December 2013.
"Between TiVo and Digitalsmiths, we are now doing business with 18 of the top 25 pay-TV operators in the U.S. along with several abroad. Many of these relationships are in the early stages of deployment and are expected to drive significant growth in subscriptions over the next several years. Given the strong results that TiVo has helped drive for its operator partners, we believe we are well positioned to significantly expand our reach by signing additional deals across the globe.
"On the TiVo-Owned front, TiVo Roamio continues to be well received by consumers. In the first quarter of this year we saw a 33% year-over-year increase in TiVo-Owned gross additions, our best first quarter result in four years, despite a significant decrease in per unit subscription acquisition costs compared to the prior year.
"In a review of Amazon Fire TV, the Wall Street Journal's Geoffrey Fowler said, 'For the real TV lover, digital video recorder TiVo Roamio offers even more impressive search across recordable live TV, Internet streaming services and even cable content offered on-demand. For me, TiVo is as close as it gets to one box that rules them all, though the company charges a monthly fee.'
"Stewart Wolpin, a tech reviewer for the Huffington Post, said, 'I have an Apple TV and a Roku and just got an Amazon Fire TV... But to me, having a cable TV box and a separate media streamer seems stupid when you can have better versions of both in one box, TiVo's Roamio DVR/media streamer. I can record up to four shows at once (as opposed to two, the limit of most cable boxes), record up to 450 hours of HD stuff (depending on what version of Roamio you buy), you get access to popular streaming services such as Netflix and Hulu, and when you search, TiVo searches everything it has access to -- cable TV and streaming services.'
"In addition, the rollout of Xfinity On Demand from Comcast for TiVo Premiere and TiVo Roamio retail DVR customers continues to go well with better sales results in the markets where it is live. Deployment in all of Comcast's U.S. markets is expected to be complete this summer. Soon customers across Comcast's entire digital footprint will have access to the TiVo service combined with the massive Xfinity On Demand collection, and an ever-growing amount of web entertainment services like Netflix, Hulu Plus, Amazon Instant Video, YouTube, and Pandora in one, seamless viewing experience.
"In terms of product enhancement and innovation, we are building on our diverse suite of advanced television products and services that focus on getting the consumer any content they want on any device. To that point, TiVo introduced Netflix to the U.S. cable industry by being the first to integrate Netflix into the TiVo cable set-top box experience with U.S. operators Atlantic Broadband, GCI, RCN, and Suddenlink, as it has done with European operators Virgin and Com Hem. This allows customers in both the U.S. and in Europe instant access to popular Netflix programming like House of Cards without changing inputs, and at the same time, gives them access to integrated search, browse, and recommendation functionality for cable and over the top programming without having to focus on where any individual program is coming from.
"At our core, TiVo is about bringing innovation and new technology to the home entertainment world for our subscribers. As a recent Wall Street Journal article noted, 'TiVo set-top boxes are being targeted for the Netflix rollouts, in part because they are more advanced than the outdated set-top boxes in many U.S. households.' Additionally on the innovation front, we continue to progress with our efforts around advanced cloud based services, including network DVR and thinner and more economical set-top boxes.
"In our audience research and measurement business, TiVo Research is putting deals in place with advertising technology companies where it will be selling multiple products that deliver a deeper offering across many aspects of the advanced measurement space without TiVo Research having to invest substantially more in R&D. To that point, we recently signed a deal with Datalogix, which helps leading brands reach audiences of buyers across display, video, mobile and social while measuring the offline sales lift from their digital marketing campaigns. TiVo Research and Datalogix's combined expertise spans the major consumer segments, including Television Tune-In, CPG, and Automotive. Our combined panel of consumers (740,000) represents the largest single source cross media panel in the industry. Also, this quarter we secured a partnership with Symphony Advanced Media, a technology leader in passively captured cross-platform media measurement. Together, we will be creating the largest single-source, cross-media panel of opt-in participants in the market. The product enables deep insights into consumers' media consumption and social media engagement across screens, coupled with detailed demo- and psychographics, to advance the understanding of the interplay between media and marketing beyond what is currently available.'
Rogers concluded, "We executed well this past quarter, delivering strong financial results, growing our subscription base, and driving new innovation. Together with the exciting prospects for Digitalsmiths as well as smart capital allocation we are confident that we are setting the stage for enhanced future financial and operating performances."
Management Provides Financial Guidance
For the second quarter of Fiscal Year 2015, TiVo anticipates service and technology revenues in the range of $86 million to $88 million.
TiVo expects Adjusted EBITDA to be in the range of $27 million to $30 million and net income to be in the range of $6 million to $9 million.
The sequential improvements in service & technology revenue, Adjusted EBITDA and net income are expected to be driven from revenue growth in Digitalsmiths and our MSO business as well from slightly lower operating expenses.
Management's guidance includes Adjusted EBITDA, a non-GAAP financial measure as defined in Regulation G. TiVo has provided a reconciliation of EBITDA and Adjusted EBITDA to net income (loss) in the attached schedules solely for the purpose of complying with Regulation G and not as an indication that EBITDA or Adjusted EBITDA is a substitute measure for net income (loss).
Conference Call and Webcast
TiVo will host a conference call and Webcast to discuss the first quarter ended April 30, 2014 financial and operating results as well as guidance outlook for the second quarter at 2:00 pm PT (5:00 pm ET), today, May 22, 2014. To listen to the discussion, please visit http://www.tivo.com/ir and click on the link provided for the Webcast or dial (877) 618-4505 (conference ID number is 44230824). The Webcast will be archived and available through June 5, 2014 at http://www.tivo.com/ir or by calling (404) 537-3406; and entering the conference ID number 44230824.
About TiVo Inc.
Founded in 1997, TiVo Inc. (NASDAQ: TIVO) developed the first commercially available digital video recorder (DVR). Since its founding, TiVo has evolved into the ultimate single solution media center by combining its patented DVR technologies and universal cable box capabilities with the ability to aggregate, search, and deliver millions of pieces of broadband, cable, and broadcast content directly to the television. An economical, one-stop-shop for in-home entertainment, TiVo's intuitive functionality and ease of use puts viewers in control by enabling them to effortlessly navigate the best digital entertainment content available through one box, with one remote, and one user interface, delivering the most dynamic user experience on the market today. TiVo distributes its technology and services through solutions tailored for cable, satellite, and broadcasting companies including via its Digitalsmiths products which provide access to a cloud-hosted search and recommendation engine which connects the power of the TiVo service to a variety of third-party user experiences. TiVo also continues to weave itself into the fabric of the media industry by providing interactive advertising solutions and audience research and measurement ratings services to the television industry.
TiVo and the TiVo Logo are trademarks or registered trademarks of TiVo Inc. or its subsidiaries worldwide. © 2014 TiVo Inc. All rights reserved. All other trademarks are the property of their respective owners.
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to, among other things, TiVo's future business and growth strategies including the number and timing of future deployments as well as revenue and subscription growth from MSO customers (both domestically and internationally), financial guidance for TiVo's second quarter, future growth in TiVo's overall subscription base including both TiVo-Owned and MSO subscriptions, future revenues, future TiVo product innovations, including the potential benefits of such innovations, including a future network DVR and thinner and more economical set-top boxes, future geographic scope and timing of the roll-out of Xfinity Video On Demand access for TiVo retail devices across Comcast's entire U.S. digital footprint, future growth in TiVo's audience research and measurement business including the benefits of new TiVo Research partnerships such as with Datalogic and Symphony Advanced Media and the associated new product offerings, and future capital allocation initiatives including the amount, timing and sufficient availability of shares in the marketplace for future share repurchases. Forward-looking statements generally can be identified by the use of forward-looking terminology such as, "believe," "expect," "may," "will," "intend," "estimate," "continue," or similar expressions or the negative of those terms or expressions. Such statements involve risks and uncertainties, which could cause actual results to vary materially from those expressed in or indicated by the forward-looking statements. Factors that may cause actual results to differ materially include delays in development, competitive service offerings, lack of market acceptance, unforeseen integration issues with Digitalsmiths, any delay or disruption in new product roll out as a result of consolidation among our customer base as well as the other potential factors described under "Risk Factors" in the Company's public reports filed with the Securities and Exchange, including the Company's Annual Report on Form 10-K for the fiscal year ended January 31, 2014 and Current Reports on Form 8-K. The Company cautions you not to place undue reliance on forward-looking statements, which reflect an analysis only and speak only as of the date hereof. TiVo disclaims any obligation to update these forward-looking statements.
TIVO INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share and share amounts) (unaudited) Three Months Ended April 30, 2014 2013 ------------- ------------- Revenues Service revenues 35,895 34,062 Technology revenues 50,106 27,725 Hardware revenues 21,058 20,786 ------------- ------------- Net revenues 107,059 82,573 Cost of revenues Cost of service revenues 13,850 10,805 Cost of technology revenues 4,544 3,711 Cost of hardware revenues 19,764 18,496 ------------- ------------- Total cost of revenues 38,158 33,012 Gross margin 68,901 49,561 ------------- ------------- Research and development 26,347 26,462 Sales and marketing 10,315 8,507 Sales and marketing, subscription acquisition costs 1,505 1,859 General and administrative 15,354 21,786 ------------- ------------- Total operating expenses 53,521 58,614 Income (loss) from operations 15,380 (9,053) ------------- ------------- Interest income 1,144 823 Interest expense and other expense, net (1,976) (1,974) ------------- ------------- Income (loss) before income taxes 14,548 (10,204) Provision for income taxes (6,424) (115) ------------- ------------- Net income (loss) $ 8,124 $ (10,319) ============= ============= Net income (loss) per common share Basic $ 0.07 $ (0.09) Diluted $ 0.07 $ (0.09) Income (loss) for purposes of computing net income (loss) per share: Basic $ 8,124 $ (10,319) Diluted $ 9,375 $ (10,319) Weighted average common and common equivalent shares: Basic 113,381,677 121,380,553 Diluted 133,204,128 121,380,553 TIVO INC. CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands, except per share and share amounts) (unaudited) April 30, January 31, 2014 2014 ----------- ----------- ASSETS CURRENT ASSETS Cash and cash equivalents $ 97,904 $ 253,713 Short-term investments 644,204 748,759 Accounts receivable, net of allowance for doubtful accounts of $514 and $429, respectively 32,324 35,151 Inventories 22,892 22,316 Deferred cost of technology revenues, current 7,700 9,103 Deferred tax asset, current 119,546 113,621 Prepaid expenses and other, current 14,154 10,922 ----------- ----------- Total current assets 938,724 1,193,585 LONG-TERM ASSETS Property and equipment, net of accumulated depreciation of $54,186 and $52,819, respectively 10,617 10,687 Developed technology and intangible assets, net of accumulated amortization of $24,920 and $23,059, respectively 58,167 7,328 Deferred cost of technology revenues, long-term 17,060 18,108 Deferred tax asset, long-term 47,507 57,492 Goodwill 99,201 12,266 Prepaid expenses and other, long-term 3,800 2,325 ----------- ----------- Total long-term assets 236,352 108,206 ----------- ----------- Total assets $ 1,175,076 $ 1,301,791 =========== =========== LIABILITIES AND STOCKHOLDERS' EQUITY LIABILITIES CURRENT LIABILITIES Accounts payable $ 21,559 $ 22,918 Accrued liabilities 37,513 50,204 Deferred revenue, current 175,233 174,739 ----------- ----------- Total current liabilities 234,305 247,861 LONG-TERM LIABILITIES Deferred revenue, long-term 304,028 331,534 Convertible senior notes 172,500 172,500 Other long-term liabilities 2,885 811 ----------- ----------- Total long-term liabilities 479,413 504,845 ----------- ----------- Total liabilities 713,718 752,706 COMMITMENTS AND CONTINGENCIES STOCKHOLDERS' EQUITY Preferred stock, par value $0.001: Authorized shares are 10,000,000; Issued and outstanding shares - none -- -- Common stock, par value $0.001: Authorized shares are 275,000,000; Issued shares are 137,223,362 and 134,588,456, respectively, and outstanding shares are 114,849,747 and 120,617,939, respectively 137 134 Treasury stock, at cost: 22,373,615 shares and 13,970,517 shares, respectively (264,647) (154,071) Additional paid-in capital 1,127,956 1,112,957 Accumulated deficit (402,388) (410,512) Accumulated other comprehensive income 300 577 ----------- ----------- Total stockholders' equity 461,358 549,085 ----------- ----------- Total liabilities and stockholders' equity $ 1,175,076 $ 1,301,791 =========== =========== TIVO INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands) (unaudited) Three Months Ended April 30, ---------------------- 2014 2013 ---------- ---------- CASH FLOWS FROM OPERATING ACTIVITIES Net income (loss) $ 8,124 $ (10,319) Adjustments to reconcile net income (loss) to net cash used in operating activities: Depreciation and amortization of property and equipment and intangibles 3,228 2,708 Stock-based compensation expense 8,309 7,146 Amortization of discounts and premiums on investments 3,002 1,258 Deferred income taxes 9,014 -- Amortization of deferred debt issuance costs 240 240 Excess tax benefits from employee stock-based compensation (3,691) -- Allowance for doubtful accounts 110 42 Changes in assets and liabilities: Accounts receivable 5,960 6,213 Inventories (576) 1,779 Deferred cost of technology revenues 2,280 (4,368) Prepaid expenses and other (1,591) (1,184) Accounts payable (3,150) 2,042 Accrued liabilities (16,340) (14,480) Deferred revenue (27,982) (15,152) Other long-term liabilities (10,046) (42) ---------- ---------- Net cash used in operating activities $ (23,109) $ (24,117) ---------- ---------- CASH FLOWS FROM INVESTING ACTIVITIES Purchases of short-term investments (97,373) (120,614) Sales or maturities of short-term investments 198,494 120,929 Acquisition of business, net of cash and cash equivalents acquired (128,387) -- Acquisition of property and equipment (629) (1,216) ---------- ---------- Net cash used in investing activities $ (27,895) $ (901) ---------- ---------- CASH FLOWS FROM FINANCING ACTIVITIES Proceeds from issuance of common stock related to exercise of common stock options 2,080 1,317 Excess tax benefits from employee stock-based compensation 3,691 -- Treasury stock - repurchase of stock (110,576) (30,737) ---------- ---------- Net cash used in financing activities $ (104,805) $ (29,420) ---------- ---------- NET DECREASE IN CASH AND CASH EQUIVALENTS $ (155,809) $ (54,438) ---------- ---------- CASH AND CASH EQUIVALENTS: Balance at beginning of period 253,713 157,104 ---------- ---------- Balance at end of period $ 97,904 $ 102,666 ========== ========== TIVO INC. OTHER DATA Guidance Three Months Ended Reconciliation -------------- Three Months April 30, Ending -------------------- 2014 2013 July 31, 2014 --------- --------- -------------- (In thousands) (In millions) Net Income (loss) $ 8,124 $ (10,319) $6 - $9 Add back: Depreciation & amortization 3,228 2,708 $4 - $5 Interest income & expense, other 832 1,151 $1 Provision for income tax 6,424 115 $7 - $8 --------- --------- -------------- EBITDA 18,608 (6,345) $18 - $23 Stock-based compensation 8,309 7,146 $8-$9 --------- --------- -------------- Adjusted EBITDA $ 26,917 $ 801 $27 - $30 Litigation expenses 1,075 10,878 $2 --------- --------- -------------- Adjusted EBITDA excluding litigation expense and litigation proceeds (past damage awards) $ 27,992 $ 11,679 $29 - $32 ========= ========= ==============
EBITDA and Adjusted EBITDA Results. TiVo's "EBITDA" means income before interest income and expense, provision for income taxes and depreciation and amortization. TiVo's "Adjusted EBITDA" is EBITDA less expense for stock-based compensation. EBITDA and Adjusted EBITDA are not measures of financial performance under generally accepted accounting principles, which we refer to as GAAP. We have presented EBITDA and Adjusted EBITDA solely as supplemental disclosure because we believe they allow for a more complete analysis of our results of operations and we believe that EBITDA and Adjusted EBITDA are useful to investors because EBITDA and Adjusted EBITDA are commonly used to analyze companies on the basis of operating performance. In addition, because of the variety of equity awards used by companies, the varying methodologies for determining stock-based compensation expense, and the subjective assumptions involved in those determinations, we believe excluding stock-based compensation enhances the ability of management and investors to evaluate our operating performance over multiple periods. Management does not use EBITDA or Adjusted EBITDA as a measure of liquidity because, among other things, they do not exclude the impact of deferred revenue from IP settlements nor the impact of deferred revenues associated with the amortization of product lifetime subscriptions. We do not use stock-based compensation expense in our internal measures. A limitation associated with these non-GAAP measures is that they do not include any stock-based compensation expense related to hiring, retaining, and incentivizing the Company's workforce. EBITDA and Adjusted EBITDA are not intended to represent, and should not be considered more meaningful than, or as an alternative to, measures of operating performance as determined in accordance with GAAP.
Three Months Ended ---------------------- Apr 30, Apr 30, (Subscriptions and Households in thousands) 2014 2013 ---------- ---------- TiVo-Owned Gross Additions: 32 24 Net Additions/(Losses): TiVo-Owned (9) (22) MSOs 341 277 ---------- ---------- Total Net Additions/(Losses) 332 255 ========== ========== Cumulative Subscriptions: TiVo-Owned 957 1,007 MSOs 3,584 2,397 ---------- ---------- Total Cumulative Subscriptions 4,541 3,404 ========== ========== Average Subscriptions: TiVo-Owned Average Subscriptions 961 1,018 MSOs' Average Subscriptions 3,420 2,261 ---------- ---------- Total Average Subscriptions: 4,381 3,279 ========== ========== Total MSO Households 3,172 2,222 MSO Average Households 3,036 2,104 TiVo-Owned Fully Amortized Lifetime Active Subscriptions 161 181 % of TiVo-Owned Cumulative Subscriptions paying recurring fees 51% 52%
Subscriptions and Households. Management reviews these metrics, and believes they may be useful to investors, in order to evaluate our relative position in the marketplace and to forecast future potential service revenues. Above is a table that details the change in our TiVo-Owned and MSO subscription and MSO Household bases as of April 30, 2014 compared to April 30, 2013. The TiVo-Owned Subscription lines refer to subscriptions sold directly or indirectly by TiVo to consumers who have TiVo-enabled devices (such as a DVR or TiVo Mini) and for which TiVo incurs acquisition costs. The MSO Subscription lines refer to subscriptions sold to consumers by MSOs such as Virgin, ONO, RCN, Grande, GCI, and Suddenlink, among others, and for which TiVo expects to incur little or no acquisition costs. Additionally, we provide a breakdown of the average monthly subscriptions for the quarter, the total MSO households and the MSO average households for the quarter, the number of fully amortized active lifetime subscriptions, and percent of TiVo-Owned Subscriptions for which consumers pay recurring fees as opposed to a one-time prepaid product lifetime fee.
We define a "subscription" as a contract referencing a TiVo-enabled device such as a DVR or TiVo Mini for which (i) a consumer has committed to pay for the TiVo service and (ii) service is not canceled. Each TiVo-Owned Subscription represents a single TiVo-enabled device (as defined above) and therefore one or more TiVo-Owned subscriptions may be present in a single household. MSO Subscriptions are a count of the number of devices that connect to the the TiVo service and one or more devices may be present in a single MSO Household. Subscriptions do not include soft-clients (i.e. iPad application or web portal) or digital tuning adapter users. We count product lifetime subscriptions in our subscription base until both of the following conditions are met: (i) the period we use to recognize product lifetime subscription revenues ends; and (ii) the related TiVo-enabled device has not made contact to the TiVo service within the prior six month period. Product lifetime subscriptions past this period which have not called into the TiVo service for six months are not counted in this total.
We define a "household" as one or more devices associated with the same contract or customer number. We currently do not report TiVo-Owned households as we currently receive incremental revenue for each new TiVo-Owned Subscription in the TiVo-Owned business, whereas, in some cases, our MSO customers pay us on a per household basis.
We calculate average subscriptions for the period by adding the average subscriptions for each month and dividing by the number of months in the period. We calculate the average subscriptions for each month by adding the beginning and ending subscriptions for the month and dividing by two. We calculate Average MSO Households for the period by adding the average households for each month and dividing by the number of months in the period. We calculate the average households for each month by adding the beginning and ending households for the month and dividing by two. We are not aware of any uniform standards for defining subscriptions or households and caution that our presentation may not be consistent with that of other companies. Additionally, the subscription fees that our MSOs pay us are typically based upon a specific contractual definition of a subscriber, subscription, household or a TiVo-enabled device which may not be consistent with how we define a subscription or household for our reporting purposes nor be representative of how such subscription fees are calculated and paid to us by our MSOs. Our MSO Subscription and MSO Household data is dependent in part on reporting from our third-party MSO partners.
TIVO INC. OTHER DATA - KEY BUSINESS METRICS Three Months Ended April 30, ------------------------------- TiVo-Owned Churn Rate 2014 2013 -------------- -------------- (In thousands, except churn rate per month) Average TiVo-Owned subscriptions 961 1,018 TiVo-Owned subscription cancellations (41) (46) -------------- -------------- TiVo-Owned Churn Rate per month (1.4)% (1.5)% -------------- --------------
TiVo-Owned Churn Rate per Month. Management reviews this metric, and believes it may be useful to investors, in order to evaluate our ability to retain existing TiVo-Owned Subscriptions (including both monthly and product lifetime subscriptions) by providing services that are competitive in the market. Management believes factors such as service enhancements, service commitments, higher customer satisfaction, and improved customer support may improve this metric. Conversely, management believes factors such as increased competition, lack of competitive service features such as high definition television recording capabilities in our older model DVRs or access to certain digital television channels or MSO Video On Demand services, as well as increased price sensitivity, CableCARD installation issues, and CableCARD technology limitations, may cause our TiVo-Owned Churn Rate per month to increase.
We define the TiVo-Owned Churn Rate per month as the total TiVo-Owned Subscription cancellations in the period divided by the Average TiVo-Owned Subscriptions for the period (including both monthly and product lifetime subscriptions), which then is divided by the number of months in the period. We calculate Average TiVo-Owned subscriptions for the period by adding the average TiVo-Owned Subscriptions for each month and dividing by the number of months in the period. We calculate the average TiVo-Owned Subscriptions for each month by adding the beginning and ending subscriptions for the month and dividing by two. We are not aware of any uniform standards for calculating churn and caution that our presentation may not be consistent with that of other companies.
Three Months Ended Twelve Months Ended April 30, April 30, ------------------ ------------------- 2014 2013 2014 2013 -------- -------- --------- -------- Subscription Acquisition Costs (In thousands, except SAC) Sales and marketing, subscription acquisition costs $ 1,505 $ 1,859 $ 12,167 $ 9,262 Hardware revenues (21,058) (20,786) (102,060) (76,116) Less: MSOs'-related hardware revenues 15,896 16,002 74,392 52,583 Cost of hardware revenues 19,764 18,496 97,901 78,208 Less: MSOs'-related cost of hardware revenues (11,961) (11,079) (57,525) (39,355) -------- -------- --------- -------- Total Acquisition Costs 4,146 4,492 24,875 24,582 ======== ======== ========= ======== TiVo-Owned Subscription Gross Additions 32 24 134 117 Subscription Acquisition Costs (SAC) $ 130 $ 187 $ 186 $ 210 ======== ======== ========= ========
Subscription Acquisition Cost or SAC. Management reviews this metric, and believes it may be useful to investors, in order to evaluate trends in the efficiency of our marketing programs and subscription acquisition strategies. We define SAC as our total TiVo-Owned acquisition costs for a given period divided by TiVo-Owned subscription gross additions for the same period. We define total acquisition costs as sales and marketing, subscription acquisition costs less net TiVo-Owned related hardware revenues (defined as TiVo-Owned related gross hardware revenues less rebates, revenue share and market development funds paid to retailers) plus TiVo-Owned related cost of hardware revenues. The sales and marketing, subscription acquisition costs line item includes advertising expenses and promotion-related expenses directly related to subscription acquisition activities, but does not include expenses related to advertising sales. We do not include third-parties' subscription gross additions, such as MSOs' gross additions with TiVo subscriptions, in our calculation of SAC because we typically incur limited or no acquisition costs for these new subscriptions, and so we also do not include MSOs' sales and marketing, subscription acquisition costs, hardware revenues, or cost of hardware revenues in our calculation of TiVo-Owned SAC. We are not aware of any uniform standards for calculating total acquisition costs or SAC and caution that our presentation may not be consistent with that of other companies.
TiVo-Owned Average Revenue Per Subscription or ARPU. Management reviews this metric, and believes it may be useful to investors in order to evaluate the potential of our subscription base to generate revenues. Investors should not use ARPU as a substitute for measures of financial performance calculated in accordance with GAAP. Management believes it is useful to consider this metric excluding the costs associated with rebates, revenue share, and other payments to channel because of the discretionary and varying nature of these expenses and because management believes these expenses, which are included in hardware revenues, net, are more appropriately monitored as part of SAC. We are not aware of any uniform standards for calculating ARPU and caution that our presentation may not be consistent with that of other companies.
We calculate TiVo-Owned service revenues by subtracting MSOs'-related service revenues and Media services and other service revenues (includes Advertising, Research, and Digitalsmiths revenues), from our total reported net Service revenues. The table below provides a more detailed breakdown of our Service revenues, and reconciles to our total Service revenues in our Statement of Operations as reported (or previously reported):
Three Months Ended ---------------------- Apr 30, Apr 30, Service Revenues 2014 2013 ---------- ---------- (in thousands) ---------------------- TiVo-Owned-related service revenues $ 22,510 $ 24,280 MSOs'-related service revenues 9,950 7,279 Media services and other service revenues 3,435 2,503 ---------- ---------- Total Service Revenues $ 35,895 $ 34,062 ========== ==========
We calculate ARPU per month for TiVo-Owned Subscriptions by taking total reported net TiVo-Owned service revenues and dividing the result by the number of months in the period. We then divide the resulting average service revenue by Average TiVo-Owned subscriptions for the period, calculated as described above for churn rate. The following table shows this calculation:
Three Months Ended ----------------------- Apr 30, Apr 30, TiVo-Owned Average Revenue per Subscription 2014 2013 ----------- ----------- (In thousands, except ARPU) ----------------------- TiVo-Owned-related service revenues $ 22,510 $ 24,280 Average TiVo-Owned revenues per month 7,503 8,093 Average TiVo-Owned subscriptions per month 961 1,018 ----------- ----------- TiVo-Owned ARPU per month $ 7.81 $ 7.95 =========== ===========
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The time is ripe for high speed resilient software defined storage solutions with unlimited scalability. ISS has been working with the leading open source projects and developed a commercial high performance solution that is able to grow forever without performance limitations. In his session at Cloud Expo, Alex Gorbachev, President of Intelligent Systems Services Inc., shared foundation principles of Ceph architecture, as well as the design to deliver this storage to traditional SAN storage co...
Jul. 29, 2015 04:00 AM EDT Reads: 1,718
The speed of software changes in growing and large scale rapid-paced DevOps environments presents a challenge for continuous testing. Many organizations struggle to get this right. Practices that work for small scale continuous testing may not be sufficient as the requirements grow. In his session at DevOps Summit, Marc Hornbeek, Sr. Solutions Architect of DevOps continuous test solutions at Spirent Communications, explained the best practices of continuous testing at high scale, which is rele...
Jul. 28, 2015 11:00 PM EDT Reads: 1,347
[video] Logging and Monitoring with @Sematext Founder @OtisG | @DevOpsSummit #DevOps #Logging #Monitoring
"We got started as search consultants. On the services side of the business we have help organizations save time and save money when they hit issues that everyone more or less hits when their data grows," noted Otis Gospodnetić, Founder of Sematext, in this SYS-CON.tv interview at @DevOpsSummit, held June 9-11, 2015, at the Javits Center in New York City.
Jul. 28, 2015 10:45 PM EDT Reads: 1,001
"We've just seen a huge influx of new partners coming into our ecosystem, and partners building unique offerings on top of our API set," explained Seth Bostock, Chief Executive Officer at IndependenceIT, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Jul. 28, 2015 08:00 PM EDT Reads: 582
[slides] A New Architecture for the Internet of Things By @JKirklan | @ThingsExpo @RedHatNews #IoT #M2M #InternetOfThings
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at @ThingsExpo, James Kirkland, Red Hat's Chief Arch...
Jul. 28, 2015 06:30 PM EDT Reads: 1,370
Chuck Piluso presented a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. Prior to Secure Infrastructure and Services, Mr. Piluso founded North American Telecommunication Corporation, a facilities-based Competitive Local Exchange Carrier licensed by the Public Service Commission in 10 states, serving as the company's chairman and president from 1997 to 2000. Between 1990 and 1997, Mr. Piluso served as chairman & founder of International Te...
Jul. 28, 2015 05:30 PM EDT Reads: 251
[slides] From Industry to Society By @JMondanaro | @ThingsExpo @MetraTech @Ericsson #IoT #M2M #InternetOfThings
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society-changing applications of the future? The technology won't be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his session at @ThingsExpo, Jason Mondanaro, Director, Product Management at Metanga, discussed how you can plan to cooperate, partner, and form lasting all-star teams to change the world...
Jul. 28, 2015 04:30 PM EDT Reads: 1,750
[slides] Workloads and Public Cloud at @CloudExpo By @utollwi | @ProfitBricksUSA #DevOps #Containers #Microservices
Public Cloud IaaS started its life in the developer and startup communities and has grown rapidly to a $20B+ industry, but it still pales in comparison to how much is spent worldwide on IT: $3.6 trillion. In fact, there are 8.6 million data centers worldwide, the reality is many small and medium sized business have server closets and colocation footprints filled with servers and storage gear. While on-premise environment virtualization may have peaked at 75%, the Public Cloud has lagged in adop...
Jul. 28, 2015 04:00 PM EDT Reads: 2,180
The Internet of Everything (IoE) brings together people, process, data and things to make networked connections more relevant and valuable than ever before – transforming information into knowledge and knowledge into wisdom. IoE creates new capabilities, richer experiences, and unprecedented opportunities to improve business and government operations, decision making and mission support capabilities.
Jul. 28, 2015 04:00 PM EDT Reads: 215
SYS-CON Events announced today that MobiDev, a software development company, will exhibit at the 17th International Cloud Expo®, which will take place November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software development company with representative offices in Atlanta (US), Sheffield (UK) and Würzburg (Germany); and development centers in Ukraine. Since 2009 it has grown from a small group of passionate engineers and business managers to a full-scale mobi...
Jul. 28, 2015 03:30 PM EDT Reads: 167
The Internet of Things is not only adding billions of sensors and billions of terabytes to the Internet. It is also forcing a fundamental change in the way we envision Information Technology. For the first time, more data is being created by devices at the edge of the Internet rather than from centralized systems. What does this mean for today's IT professional? In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists addressed this very serious issue of pro...
Jul. 28, 2015 03:00 PM EDT Reads: 1,246
Take the Long View with Digital Transformation By @IoT2040 | @ThingsExpo #IoT #M2M #API #Microservices #InternetOfThings
Digital Transformation is the ultimate goal of cloud computing and related initiatives. The phrase is certainly not a precise one, and as subject to hand-waving and distortion as any high-falutin' terminology in the world of information technology. Yet it is an excellent choice of words to describe what enterprise IT—and by extension, organizations in general—should be working to achieve. Digital Transformation means: handling all the data types being found and created in the organizat...
Jul. 28, 2015 03:00 PM EDT Reads: 1,061
The Software Defined Data Center (SDDC), which enables organizations to seamlessly run in a hybrid cloud model (public + private cloud), is here to stay. IDC estimates that the software-defined networking market will be valued at $3.7 billion by 2016. Security is a key component and benefit of the SDDC, and offers an opportunity to build security 'from the ground up' and weave it into the environment from day one. In his session at 16th Cloud Expo, Reuven Harrison, CTO and Co-Founder of Tufin,...
Jul. 28, 2015 03:00 PM EDT Reads: 458
Discussions about cloud computing are evolving into discussions about enterprise IT in general. As enterprises increasingly migrate toward their own unique clouds, new issues such as the use of containers and microservices emerge to keep things interesting. In this Power Panel at 16th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the state of cloud computing today, and what enterprise IT professionals need to know about how the latest topics and trends affect t...
Jul. 28, 2015 02:00 PM EDT Reads: 1,156
The essence of cloud computing is that all consumable IT resources are delivered as services. In his session at 15th Cloud Expo, Yung Chou, Technology Evangelist at Microsoft, demonstrated the concepts and implementations of two important cloud computing deliveries: Infrastructure as a Service (IaaS) and Platform as a Service (PaaS). He discussed from business and technical viewpoints what exactly they are, why we care, how they are different and in what ways, and the strategies for IT to tran...
Jul. 28, 2015 01:00 PM EDT Reads: 318
[session] The Container New World By @KeGilpin | @DevOpsSummit #DevOps #Docker #Containers #Microservices
Containers are changing the security landscape for software development and deployment. As with any security solutions, security approaches that work for developers, operations personnel and security professionals is a requirement. In his session at DevOps Summit, Kevin Gilpin, CTO and Co-Founder of Conjur, will discuss various security considerations for container-based infrastructure and related DevOps workflows.
Jul. 28, 2015 01:00 PM EDT Reads: 1,048
[video] Infrastructure as a Toolbox By @SoftLayer at @CloudExpo New York | #IoT #API #Containers #Microservices
Countless business models have spawned from the IaaS industry. Resell Web hosting, blogs, public cloud, and on and on. With the overwhelming amount of tools available to us, it's sometimes easy to overlook that many of them are just new skins of resources we've had for a long time. In his General Session at 16th Cloud Expo, Phil Jackson, Lead Technology Evangelist at SoftLayer, broke down what we've got to work with and discuss the benefits and pitfalls to discover how we can best use them to d...
Jul. 28, 2015 01:00 PM EDT Reads: 1,939
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
Jul. 28, 2015 11:45 AM EDT Reads: 407
SYS-CON Events announced today that Agema Systems will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Agema Systems is the leading provider of critical white-box rack solutions to data centers through the major integrators and value added distribution channels.
Jul. 28, 2015 11:25 AM EDT Reads: 116
"Our biggest growth area has been the security services, the managed services - the things that differentiate us in the market that there is no client that's too small and there's no client that's too big," explained Paul Mazzucco, Chief Security Officer at TierPoint, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Jul. 28, 2015 11:15 AM EDT Reads: 325


text:
Associated Press
DENVER — When John Elway returned to the Denver Broncos as chief of football operations last winter, he proclaimed that Tim Tebow had to become a pocket passer to succeed in the NFL. John Fox said the same thing when he was hired as coach.
A 45-10 drubbing at the hands of the Detroit Lions last month changed that line of thinking.
Tebow had played awful for 71/2 quarters, getting sacked 13 times and throwing everywhere it seemed but to his receivers. So, the Broncos decided to quit trying to turn Tebow into a prototypical pro passer and instead modified their offense to fit Tebow's unique skill set.
They all but dusted off the Dead Sea Scrolls in bringing back the option to the NFL, a style that made Tebow the best combination quarterback in NCAA history while at Florida.
In back-to-back wins at Oakland and Kansas City — something even Elway never accomplished — Tebow operated an offense that ran the ball 93 times and threw it 30. The Broncos gained 543 yards on the ground and 182 through the air.
Tebow completed just two passes against the Chiefs, but one was a 56-yard strike to Eric Decker for the winning score as the Broncos (4-5) climbed within a game of the Raiders in the AFC West.
Fox told NFL.com this week that if Tebow were running a conventional offense "he'd be screwed."
Asked about that comment Wednesday, Fox backtracked: "I think at the time we were watching the second half of the Detroit game and the point was that him or any other quarterback in that situation, down 24-3, is not enviable and is not a good spot to be in. There's a lot of different ways to put it.
"Or any game that you're one-dimensional and you have to throw the ball 30 times in a half and the other team knows it, it's not good."
On the other hand, running the ball 30 times in a half would suit Fox just fine.
"This week is going to be about stopping the run," said Rex Ryan, whose New York Jets (5-4) visit Denver for a Thursday night game just four days after an emotional loss to New England. "Obviously going against Denver, their priority is to run the football. You have to stop it or you don't have to worry about playing pass defense or rushing the passer because they won't throw it."
Ryan's extensive college coaching resume early in his career gives him lots of experience in defending the option, as does his time with Brad Smith operating the wildcat for the Jets. So he tapped into that know-how during the short work week.
Since Tebow supplanted Kyle Orton as the starting quarterback, the Broncos have rushed for an NFL-high 915 yards and moved up from 23rd in the league in rushing to second. Tebow has gained 283 of those yards.
The Broncos ran the ball 87 percent of the time at Kansas City last weekend even though their top two tailbacks, Willis McGahee (left hamstring) and Knowshon Moreno (right knee), got hurt in the first quarter.
"This past game was really interesting," Ryan said. "They only put the ball up in the air eight times, but that's all they needed to do. They were able to move the ball really effectively on the ground. The 55 rushing attempts, I think any true football fan appreciates that kind of style of play.
"But the big thing about Tebow is you can have a guy in position but you've got to try to get him down, which isn't easy. I like the way McGahee's running. I hope he needs to rest this week and decides not to play this week."
McGahee won't know if he'll play until he runs full speed in pregame warm-ups.
"I think it's going to be good," he said. "I'm not worried about it, so I don't think you should worry about it."
The Broncos promoted running back Jeremiah Johnson from the practice squad to replace Moreno.
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subset: commoncrawl


text:
The Henderson County Jail is located in Hendersonville, North Carolina at 375 1st Avenue East 28792. The jail staff can be reached by calling (828) 697-4955.If you are looking to post bail for an inmate at Henderson County Jail call (919) 230-8140.
Source: U.S. Census Bureau
Henderson has a total population of 103,669. The population has increased by 14,444 (16%) from 2000 through 2009. The population density is 278.0 and covers 373 square miles.
BailBondPolicy.com does not endorse any bail bond companies listed below. These are listed for informational purposes only.
Source: FBI Criminal Justice Information Services Division (CJIS)
Residents of Henderson experienced 2,883 crimes in 2011. The #1 unlawful act was arson with 1 instances. The #2 criminality was theft with 697 occurrences. The #3 criminality was vehicle theft with 98 violations. The #4 crime was burglary with 556 instances. The #5 lawless act was property crime with 1,351 violations. The #6 criminality was assault with 56 violations. The #7 unlawful act was robbery with 21 violations. The #8 violation was rape with 12 reports. The #9 unlawful act was murder with 1 circumstances. The #10 lawless act was violent crime with 90 crimes.


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Taters step in for tortilla chips, & nachos get an instant upgrade to main dish.
This video shows you how to make beef-and-bean nachos with a surprising potato layer. Taco seasoning flavors the beef and beans. And the taters stand in for tortilla chips, deliciously. Top it all off with chopped tomatoes, lettuce, sour cream, and guacamole. These are nachos as dinner main dish! It's a meal in itself, but it's also great for sharing as an appetizer. Watch the video, then get lois's 5-star recipe for Mexican Potato Nachos. For a little extra kick, try pepper-Jack cheese instead of Cheddar. See more Mexican food videos >>
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text: We had the pleasure of staying here in January. We were very happy to be staying at a smaller hotel instead of a high rise. The staff was very friendly, the rooms were clean and well-appointed and we even had a kitchen. We enjoyed meeting some locals and visitors at the tiki bar, and loved being able to walk right out onto the beach. Can't wait to return!


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Woods Tae Kwon DO AcademyRead MoreDayton's Woods Tae Kwon DO Academy is the great place for a sports fan to spend a Saturday, or any day for that matter. Curious about kickboxing? Check out one of these kickboxing classes and learn the basics. Their instructors know how to work out your body completely with one of their specialties being in MMA. Parking is plentiful, so patrons can feel free to bring their vehicles.3035 Rhea County HwyDayton, TN US
Tenchi Family KarateRead MoreIf you love sports, you'll probably also love Tenchi Family Karate in Dalton. Think on your feet, get rid of stress and learn new self-defense movements in this MMA class. At Tenchi Family Karate, you can learn quick and effective kickboxing techniques that will tone and enhance your body. Parking is plentiful, so visitors can feel free to bring their vehicles.194 Wheat DrDalton, GA US
Seo's Martial Arts Education CenterRead MoreLed by Master Ju Hyon Seo, Seo's Martial Arts Education Center leads children and adults through classes that focus on developing techniques of hapkido and tae kwon do. In addition to instilling students with the character traits that are associated with tae kwon do, he also helps guests get into shape with kickboxing fitness classes.1024 Riverburch PkyDalton, GA US
Rome Athletic ClubRead MoreWhether you want to bulk up or slim down, Rome Athletic Club in Rome is the place to do it. If you're looking to stay strong and fit all year long, challenge yourself to a spinning class. Tone your body and strengthen your core with a group kickboxing class. You'll be astonished by how fast your fitness changes when you start taking cross fit. With an entertaining Zumba class, you can strut and dance your way to your health and wellness goals. Personal trainers are perfect for helping personalize your workout and creating a timetable for your body's workout results. Parking is plentiful, so guests can feel free to bring their vehicles.10 John Davenport Dr NWRome, GA US
Seo's Martial Arts SchoolRead MoreMartial arts at Rome's Seo's Martial Arts School is a great workout that will leave you feeling Zen. Impress your friends and family with your kickboxing skills. Learn both offensive and defensive techniques in one of these mixed martial arts classes. Parking is plentiful, so guests can feel free to bring their vehicles.1704 Shorter Ave NWRome, GA US
United Karate StudioRead MoreMartial arts at Rome's United Karate Studio is a great workout that will leave you feeling Zen. Pack quite the punch practicing kickboxing. Through this series of fighting and self-defense movements, you can learn the ins and outs of MMA. Parking is plentiful, so patrons can feel free to bring their vehicles.1610 Redmond CircleRome, GA US


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A total of 7 small-town Minnesota post offices are closing for good after Saturday, including one in Redwood County. It's the latest setback for towns that have seen a steady exit of community institutions and businesses over the years. Towns where post offices are closing include Clements in Redwood County as well as Silver Creek, Taopi, Kenneth, Trail, Holland, and Steen, a southwestern Minnesota town that has lost churches, a school, a grocery store and a bank in recent decades.
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text: Cochran: WGN-TV's July 4th fireworks spectacular Posted 11:15 AM, July 3, 2013, by Trey Elling, Updated at 12:08pm, July 3, 2013 EmailTwitterFacebookGoogleRedditPinterest × Cochran: WGN-TV's July 4th fireworks spectacular Marcella Raymond joins Steve to chat about WGN-TV's Independence Night coverage of the downtown fireworks show. http://tribwgnam.files.wordpress.com/2013/07/20130703_cochran_wgntv_fireworks.mp3 Fireworks explode over Lake Michigan and the Chicago River on Wednesday, July 4, 2012, as viewed from the Trump Tower. (Brian Cassella / Chicago Tribune)


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|By Marketwired .
Article Rating:
|January 17, 2014 02:02 PM EST
SACRAMENTO, CA -- (Marketwired) -- 01/17/14 -- Timothy Quinn, executive director of the statewide Association of California Water Agencies (ACWA), issued the following statement on Gov. Jerry Brown's formal declaration today of a statewide drought. The governor also called on Californians to immediately reduce water use by 20%.
"The governor's action today is exactly what we needed to underscore the severity of the dry conditions in California. Many key reservoirs are at record low levels and our critical snowpack is non-existent. This translates to a dismal water supply for the state.
"A formal drought declaration signals that the state is prepared to channel resources and assistance to the areas in greatest stress this year, and paves the way for water transfers and other actions that can provide relief.
"Equally important, this gives us a leg up in raising awareness with the public. Californians tend to take notice when the governor highlights an issue, and right now there is no topic more critical than our state's water supply.
"ACWA, working in partnership with the Department of Water Resources, is stepping up to educate Californians on the need for conservation through the Save Our Water program. The program will be the hub of consumer-focused conservation information this year. ACWA will be tracking local conditions and assisting our members as needed.
"We have a challenging year ahead of us that will require leadership, active water management by the state's local water agencies, and the active engagement of all Californians. We all must do our part to save water. Longer term, the governor has called for a comprehensive plan to improve water supply reliability statewide. We stand ready to advance such a plan and the necessary investments to secure California's water future."
ACWA is a statewide association of public agencies whose 440 members are responsible for about 90% of the water delivered in California. For more information, visit www.acwa.com.
Lisa Lien-Mager
Director of Communications
916/441-4545 or 530/902-3815 (cell)
Mobile, social, Big Data, and cloud have fundamentally changed the way we live. "Anytime, anywhere" access to data and information is no longer a luxury; it's a requirement, in both our personal and professional lives. For IT organizations, this means pressure has never been greater to deliver meaningful services to the business and customers.
Aug. 3, 2015 11:30 PM EDT Reads: 249
"We've just seen a huge influx of new partners coming into our ecosystem, and partners building unique offerings on top of our API set," explained Seth Bostock, Chief Executive Officer at IndependenceIT, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Aug. 3, 2015 11:00 PM EDT Reads: 694
In a recent research, analyst firm IDC found that the average cost of a critical application failure is $500,000 to $1 million per hour and the average total cost of unplanned application downtime is $1.25 billion to $2.5 billion per year for Fortune 1000 companies. In addition to the findings on the cost of the downtime, the research also highlighted best practices for development, testing, application support, infrastructure, and operations teams.
Aug. 3, 2015 10:45 PM EDT Reads: 220
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
Aug. 3, 2015 06:45 PM EDT Reads: 536
Learn how you can use the CoSN SEND II Decision Tree for Education Technology to make sure that your K–12 technology initiatives create a more engaging learning experience that empowers students, teachers, and administrators alike.
Aug. 3, 2015 05:45 PM EDT
Container technology is sending shock waves through the world of cloud computing. Heralded as the 'next big thing,' containers provide software owners a consistent way to package their software and dependencies while infrastructure operators benefit from a standard way to deploy and run them. Containers present new challenges for tracking usage due to their dynamic nature. They can also be deployed to bare metal, virtual machines and various cloud platforms. How do software owners track the usag...
Aug. 3, 2015 04:00 PM EDT Reads: 277
As Marc Andreessen says software is eating the world. Everything is rapidly moving toward being software-defined – from our phones and cars through our washing machines to the datacenter. However, there are larger challenges when implementing software defined on a larger scale - when building software defined infrastructure. In his session at 16th Cloud Expo, Boyan Ivanov, CEO of StorPool, provided some practical insights on what, how and why when implementing "software-defined" in the datacent...
Aug. 3, 2015 03:45 PM EDT
As organizations shift towards IT-as-a-service models, the need for managing and protecting data residing across physical, virtual, and now cloud environments grows with it. CommVault can ensure protection and E-Discovery of your data – whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise. In his session at 17th Cloud Expo, Randy De Meno, Chief Technologist - Windows Products and Microsoft Partnerships at Com...
Aug. 3, 2015 03:30 PM EDT
SYS-CON Events announced today that VividCortex, the monitoring solution for the modern data system, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. The database is the heart of most applications, but it's also the part that's hardest to scale, monitor, and optimize even as it's growing 50% year over year. VividCortex is the first unified suite of database monitoring tools specifically desi...
Aug. 3, 2015 03:15 PM EDT
The Software Defined Data Center (SDDC), which enables organizations to seamlessly run in a hybrid cloud model (public + private cloud), is here to stay. IDC estimates that the software-defined networking market will be valued at $3.7 billion by 2016. Security is a key component and benefit of the SDDC, and offers an opportunity to build security 'from the ground up' and weave it into the environment from day one. In his session at 16th Cloud Expo, Reuven Harrison, CTO and Co-Founder of Tufin,...
Aug. 3, 2015 03:00 PM EDT Reads: 560
In their session at 17th Cloud Expo, Hal Schwartz, CEO of Secure Infrastructure & Services (SIAS), and Chuck Paolillo, CTO of Secure Infrastructure & Services (SIAS), provide a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. In his role as CEO of Secure Infrastructure & Services (SIAS), Hal Schwartz provides leadership and direction for the company.
Aug. 3, 2015 12:30 PM EDT Reads: 209
SYS-CON Events announced today that MobiDev, a software development company, will exhibit at the 17th International Cloud Expo®, which will take place November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software development company with representative offices in Atlanta (US), Sheffield (UK) and Würzburg (Germany); and development centers in Ukraine. Since 2009 it has grown from a small group of passionate engineers and business managers to a full-scale mobi...
Aug. 3, 2015 09:45 AM EDT Reads: 369
There are many considerations when moving applications from on-premise to cloud. It is critical to understand the benefits and also challenges of this migration. A successful migration will result in lower Total Cost of Ownership, yet offer the same or higher level of robustness. In his session at 15th Cloud Expo, Michael Meiner, an Engineering Director at Oracle, Corporation, analyzed a range of cloud offerings (IaaS, PaaS, SaaS) and discussed the benefits/challenges of migrating to each offe...
Aug. 3, 2015 07:30 AM EDT Reads: 194
Digital Transformation is the ultimate goal of cloud computing and related initiatives. The phrase is certainly not a precise one, and as subject to hand-waving and distortion as any high-falutin' terminology in the world of information technology. Yet it is an excellent choice of words to describe what enterprise IT—and by extension, organizations in general—should be working to achieve. Digital Transformation means: handling all the data types being found and created in the organizat...
Aug. 2, 2015 06:00 PM EDT Reads: 1,140
Chuck Piluso presented a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. Prior to Secure Infrastructure and Services, Mr. Piluso founded North American Telecommunication Corporation, a facilities-based Competitive Local Exchange Carrier licensed by the Public Service Commission in 10 states, serving as the company's chairman and president from 1997 to 2000. Between 1990 and 1997, Mr. Piluso served as chairman & founder of International Te...
Aug. 2, 2015 04:00 PM EDT Reads: 439


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Fruit Ninja
What parents need to know
Parents Need to Know
Parents need to know that Fruit Ninja has a lot more to do with fruit than it does ninjas. Your finger is ostensibly your sword, but you never see any depictions of an actual weapon in the game. Mangos, bananas, apples, and such get sliced, but nothing else. The only thing that sprays here is fruit juice. The bombs are the only violent image in the game, and their explosions are very abstract (more like a flash of white). Of more concern might be the game's connection to the OpenFeint network, which allows kids who join to "friend" other members and exchange messages with them. Choose not to opt in to OpenFeint if your kids are under the teen age category.
What kids can learn
- biology
Social Studies
- history
- global awareness
Health & Fitness
- fine motor skills
What Kids Can Learn
Fruit Ninja wasn't created with educational intent, and we don't recommend it for learning.
User reviews
Parents say
Kids say
What's it about?
Kids will swipe their finger across their device's screen to chop fruit as it is tossed. In some modes, kids can select the level of challenge. In classic and arcade modes, kids need to avoid bombs as they swipe; there are no bombs in Zen mode. Kids can play multiplayer games with another person on the device, or online via Game Center. Kids can earn achievements that will unlock new backgrounds and blades; they can also track these achievements and compare their scores with other players via leaderboards.
Is it any good?
There's something beautifully simple about FRUIT NINJA. Gorgeously rendered fruit gets tossed up in the air before you, and you swat at it to slice it up before it hits the ground. It's the perfect way to release your aggressions and feel like an Iron Chef at the same time. As it begins with only one fruit at a time being tossed at you, you think, "What's the big deal?" Then the fruits come flying and you're slashing like crazy, halting abruptly when you happen to catch glimpse of a bomb that's been tossed into the mix. It's the kind of game that makes you want to keep playing, trying to surpass your previous score each time.
App details
|iPhone, iPod Touch, iPad, Android, Kindle Fire
|Release date:
|April 20, 2010
|Arcade Games
|Minimum software requirements:
|iPhone OS 2.2.1 or later, Android 2.1 and up
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Oscar Image
Wolfgang Puck serves it up.
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Alison Crary with Sterling Vintage.
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Wolfgang Puck serves it up.
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Kraft- Oscar Mayer
Wolfgang Puck serves it up.
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The Hurt Locker
Summit Entertainment
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Wolfgang Puck serves it up.
Tim O'Brien
The only selfie found on Aguilar's Facebook page since his death on July 28, 2014.
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- Paul Kuharsky, ESPN Staff Writer
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Reading the coverage ...
Houston Texans
Wade Phillips has the luxury of veteran depth at linebacker, but that's not the case at cornerback, says John Brannen of the Houston Chronicle.
Stanford Routt is among the corners the Texans will look at today and consider bringing in.
To which I say: Routt's been available for a while, so the odds are slim he'd be an impact addition. But he's got local ties and the team could need a body.
While the Texans will be without cornerback Brice McCain, New England is likely to be missing receiver Julian Edelman in a battle for AFC supremacy, says Jerome Solomon of the Chronicle.
Indianapolis Colts
"Anything is possible when you play team ball," Robert Mathis said. "Anything." Mike Chappell of the Indianapolis Star writes about how you just need the right quarterback to pull off miraculous wins.
Chuck Pagano completes his third round of chemotherapy today, which may mean he's not able to be at Lucas Oil Stadium Sunday when the Colts host the Titans, says Chappell.
To which I say: I know he won't push it if doctors advise against it, and the Colts will do their best to give him a treat on TV.
A belated link to ESPN Stats and Info's breakdown of Andrew Luck's performance in Detroit.
Jacksonville Jaguars
Is it finally time for Tim Tebow to start for the Jets when they play Sunday in Jacksonville? Dennis Waszak Jr. of The Associated Press looks at the possibility.
"Jacksonville's favorite son has evolved into a coaching conundrum," Gene Frenette writes of Tebow.
Mike Mularkey said Rashean Mathis' limited playing time in Buffalo was the head coach's fault, says Vito Stellino of the Florida Times-Union.
The Jaguars are adding to the bad parts of their record book, says Ryan O'Halloran of the Times-Union.
Tennessee Titans
Even if it's a patchwork line, the Titans know they have to protect Jake Locker better, says Jim Wyatt of The Tennessean.
To which I say: Good depth is a must and Mike Otto played well enough in a start for Michael Roos earlier this year. Can he fare as well the rest of the season for David Stewart on the right?
The Titans are still fuming over an Antonio Smith hit on Fernando Velasco in Sunday's game, says John Glennon of The Tennessean.
Mike Munchak discussed Kenny Britt's frustrations, says Glennon.
Panthers' Cam Newton is all smiles and feeling 'pretty'
14hDavid Newton
Marqise Lee is back on the field for Jaguars, and he hopes to stay there
14hMichael DiRocco
Marcus Mariota sharp in Titans opening practice of camp
14hPaul Kuharsky
Jaguars continue to move forward without Justin Blackmon
23hMichael DiRocco
Which players' health is most critical for the Texans?
3dTania Ganguli
NFL Nation TV debates Tom Brady's four-game suspension
4dPaul Gutierrez
Jaguars history shows Year 2 could be good for Blake Bortles
5dMichael DiRocco
Marcus Mariota, Hakeem Nicks worked out together last week
5dPaul Kuharsky
RTC: Texans will look at Routt


text:
Explore the personal stories of Syrian refugees in Lebanon
Ghana's mixed fortune as a dumping ground for e-waste
01 Dec 2006 07:09 GMT
But after a debate in which Yanukovich's allies said he was not fit for office, a motion on Thursday to sack Lutsenko secured 223 votes, three short of a majority in the 450-seat assembly.
Yanukovich, who was meeting Vladimir Putin, the Russian president, in Moscow, had earlier sent a formal request to parliament to dismiss Borys Tarasyuk, the foreign minister and chief architect of the president's drive to move Ukraine closer to the West.
In addition to launching procedures against Lutsenko, the assembly also issued a resolution seeking the removal of Anatoly Hrytsenko, the defence minister, another of the president's few allies in the cabinet.
The parliamentary session was closed after the motion on the interior minister failed. It was unclear if or when the assembly might try to remove Lutsenko again, or the other two ministers.
Yushchenko defeated Yanukovich in a presidential election in the aftermath of the revolution, but he made a comeback when his Regions party came first in a parliamentary election in March.
Yushchenko made him prime minister in August after his now divided Orange allies failed to form a government.
Their rows have been magnified by constitutional amendments handing some presidential powers to the prime minister and parliament.
The president now recommends appointments to the three key ministries, subject to parliament's approval.
Yanukovich enraged Yushchenko in September by telling Nato officials that Ukraine could not apply for fast-track Alliance membership and has long sought the foreign minister's departure.
He turned on Tarasyuk on Wednesday after the foreign ministry for a time sought a postponement of his planned visit to the US next week until he formally submitted guidelines for the talks.
Source: Agencies
Ukraine and Russia have reached agreement on a compromise gas price, opening the way to reduced tensions between the two countries and an easing of European concerns about the reliability of Russian energy supplies.
The political party of Ukraine's pro-Western president has announced that it will fight in opposition to the new pro-Russian government and will ask for its ministers to be removed from the cabinet.
The United States is leading secret negotiations with 11 other countries over the Trans-Pacific Partnership Agreement.
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War & Conflict, Africa, Sudan
An investigation into the role of one of the most influential banks in the world.
Business & Economy, Greece, US & Canada
We investigate why the Baltic states of Latvia, Estonia and Lithuania are nervous about Russia's regional ambitions.
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