Tadich Grill Owners Accused Of Racism By Daughter, Widow Of Raider Great Gene Upshaw

CBS San Francisco Connect With Us At KPIX 5 PROGRAM GUIDE: KPIX 5 TV Schedule WATCH: A Glimpse Inside The Working KPIX 5 Newsroom Breaking News Send news tips, video & photos, and video to the KPIX 5 [] CONNECT WITH KCBS Welcome to KCBS All News 740AM & 106.9FM on CBSSanFrancisco.com! LISTEN LIVE RIGHT NOW: KCBS Live Audio Stream LIKE KCBS Radio On Facebook: KCBS is the Bay Area's only all news station, serving [] WASHINGTON, D.C. - The owners of San Francisco's famous Tadich Grill are facing a national backlash over a report alleging they shunned their daughter because of her interracial relationship with the late Oakland Raiders great Gene Upshaw. The Buich family has owned the Tadich Grill since 1928.

For the first time, Americans will do most of their holiday e-shopping on mobile devices

shopping mobile marketing

New projections from Adobe say that mobile shopping will hit an important tipping point this holiday season.

Adobe said that, for the first time ever, the majority of online shopping visits in the U.S. — 51 percent — will be on mobile devices. The data comes from the Adobe Marketing Cloud, Adobe says.

Adobe also believes that almost a third of all sales will take place on mobile devices. That’s a very interesting factoid, because the story up till now has been that consumers often use mobile devices as they knock around in the sales funnel, but when it comes time to actually buy, they typically revert to desktop or tablet.

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That dynamic could be shifting.

Also shifting are the channels marketers favor as they reach out to holiday shoppers. Adobe believes that retailers will expose their best deals in display ads (23 percent) and via social media (14 percent) this year. Consumers are three times more likely to find deals in display ads than they are in search ads, Adobe believes.

5_Where to find discounts (1)

As an interesting side note, Adobe projects that, once again, far more sales will take place on iOS devices than on Android. This stat shows up every year, and the speculation runs a couple of different ways. It could be that Apple owners are just more affluent. It could be that the shopping process feels more streamlined on iOS devices. It’s probably some mix of the two.

Adobe also provides a forecast of the top-selling gifts this holiday season.

preview

Adobe’s forecast is based on an analysis of 55 million product models with “aggregated and anonymous data of more than one trillion visits to 4,500+ retail websites.”  Adobe said it measures 80 percent of all online transactions from the top 100 U.S. retailers through its marketing cloud.  In past years, the company said, its predictions have been correct within two percent.










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Samsung’s third-quarter profit rebounds, unveils $9.9 billion buyback

samsung-new-office-silicon-valley

Seoul (By Se Young Lee for Reuters) — Tech giant Samsung Electronics on Thursday unveiled a 11.3 trillion won ($9.9 billion) share buyback after reporting its first on-year profit growth in two years thanks to strong component sales, pushing its shares sharply higher.

Samsung said it would cancel all shares purchased through the buyback, its biggest to date, and planned to give shareholders 30 percent to 50 percent of its free cash flow over the next three years, primarily through dividends.

The buyback, which will be carried out in phases over a year, will be welcome news for those investors who have been clamoring for bigger payouts from the world’s top smartphone maker, which has lost market share to rivals such as Apple Inc and Huawei Technologies.

“Samsung’s decision to buy back and cancel its own shares was exactly what the market was hoping for,” HDC Asset Management fund manager Park Jung-hoon said.

Samsung’s shares touched a near six-month high and were up 2.3 percent as of 0210 GMT, outperforming a 0.2 percent rise for the broader market.

The maker of Galaxy-series handsets and tablets said third-quarter operating profit jumped 82 percent to 7.4 trillion won ($6.5 billion), in line with its guidance. Revenue rose 8.9 percent from a year earlier to 51.7 trillion won.

“In the fourth quarter, the company expects earnings to decline from the earlier quarter, as it does not expect the foreign exchange rate to have a positive effect,” Samsung said in a statement.

Exchange rate conditions such as the won’s weakness against the dollar led to a 800 billion won gain during the July-September period.

The mobile division posted its first on-year profit growth in two years, climbing 37 percent to 2.40 trillion won, thanks to strong sales of the Galaxy Note 5 tablet as well as new lower-end products.

But the chip division remained the top earner for the fifth-straight quarter with a record 3.66 trillion won profit.

Healthy third-quarter returns have boosted hopes that Samsung’s profit recovery remains on track, although investors are skeptical about its ability to return to the record earnings it posted in 2013 on the back of its smartphone business.

Despite a major overhaul of its product lineup, Samsung’s smartphone shipments will shrink for the first time in 2015 due to competition from Apple Inc in the high-end market and Chinese rivals in the low end, according to researcher TrendForce.

(Editing by Stephen Coates)

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A spy drive? Seagate launches 8-terabyte drive for surveillance apps

Seagate's 8-terabyte Surveillance hard disk drive.

Seagate is launching an eight-terabyte hard disk drive for security applications. Equally interesting is where the company is doing this. The storage giant unveiled its Seagate Surveillance HDD at the China Public Security Expo 2015 in Shenzhen, China.

China has a huge appetite for storage since it conducts so much surveillance on behalf of its government and military. China is thus a natural market for Seagate’s biggest hard disk drives. But demand for data is exploding. IBM estimates that 90 percent of the world’s data was created in just the last two years.

Surveillance ranks high in terms of applications for storage, as it takes a lot of hard drives to store video from ubiquitous surveillance cameras. Seagate is targeting surveillance system integrators, end users, and system installers.

“Seagate has worked closely with the top surveillance manufacturers to evolve the features of our Surveillance HDD products and deliver a customized solution that has precisely matched market needs in this evolving space for the last 10 years,” said Matt Rutledge, Seagate’s senior vice president of client storage, in a statement.