5 Technology Observations: 6 July 2015

Good morning, I.T. entrepreneurs. Here are five technology news updates, insights, gossip, chatter and plenty more to start your day for Monday, July 6, 2015.

Actually, today's update involves eight items to sip on.

Were profits fabricated? If so, by how much?

Were profits fabricated? If so, by how much?

8. Cooking the PC Books?: Toshiba had "accounting irregularities" across its electric power systems, PC and semiconductor businesses. The results: Past earnings could be cut by more than $800 million, The Wall Street Journal reports. Toshiba is expected to announce the results of an accounting investigation later this month.

7. Windows 10's Gradual Arrival: Yes, Microsoft will make the new operating system available to some preferred customers on July 29. But don't expect a big consumer PC blitz at that time. Instead, Microsoft will gradually release Windows 10 "in phases to help manage demand." My guess? Microsoft wants to cash in on back-to-school PC sales, but doesn't want to overwhelm its phone and online support lines...

6. Countdown: For those keeping score, Cisco Systems' CEO transition -- from John Chambers to Chuck Robbins -- becomes official later this month... on July 26 to be exact.

5. Digital Media M&A: Deal in that space accelerated in Q1 -- with digital media mergers and acquisitions jumping around 24 percent in the first half of 2015, according to Coady Diemar Partners. Among those on the outside looking in: Private-equity owned media firms that have fast-growth digital businesses -- offset by shrinking legacy media assets.

4. Android and IoT: You already know that Android is the king of mobile operating systems -- at least in terms of unit market share. But can Android dominate the emerging world of sensors and machine-to-machine computing?

Tim Bajarin: Android could dominate the IoT market.

Tim Bajarin: Android could dominate the IoT market.

Tim Bajarin, president of Creative Strategies Inc., sure thinks so. I'm not so sure. Yes, Android could dominate the market for connected home devices. But when it comes to sensors that manage our power, transportation and communications infrastructure, I think the Internet of Things remains wide open for competitive software standards.

3. AWS Summit: The next Amazon Web Services Summit is July 9 in New York. Amazon CTO Werner Vogels is set to keynote -- which you can watch online. But... if you're on the corporate side of cloud computing, you should check out the AWS Summit Enterprise Pre-Day sessions on July 8. In particular, keep a close eye on new emerging IT management tools for AWS.

2. What If Your Fans Turn on You? That's the situation facing Reddit -- and its "legion of unpaid moderators." Amid a staffing change, some moderators are now revolting against the system -- actually blocking traffic to the very platform they helped to popularize. Reddit is wildly popular -- with roughly 163 million unique monthly visitors. But the site is still unprofitable -- despite all of those unpaid moderators. The lesson here: When building your online presence with free, curated content you can wind up (A) going too broad and (B) losing control of the very system you built...

1. Fresh Funding: NxtGen Datacenter and Cloud Technologies (India), focused on IT infrastructure services, raised $13.5 million in Series B funding from multiple backers.

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