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iPad Business Experiencing Strong Slow Down [Analyst]

02/12/2013, Based on Data gathered by IDC, Citi believes that the iPad business is in the midst of a serious slow down, if not downright fall in certain regions in the world. For instance the IDC numbers suggest that the iPad fall by 9% in the USA, and by 26% in...

Netflix And DreamWorks To Create Turbo:F.A.S.T Show

02/12/2013, DreamWorks has announced a partnership with Netflix to create Turbo:F.A.S.T  ( Fast Action Stunt Team) based on the 3D movie “Turbo”.  Turbo features the story of a snail, who dreams of competing in a race and accidentally gains super powers due...

Facebook Sued Over Dead Man’s Patent

02/11/2013, Lawsuits happen all the time, especially where giant names and tons of money are involved. But this lawsuit is rather unusual: Facebook has been sued because it is accused of infringing on the patents of a Dutch programmer Joannes Jozef Everardus van Der...

Facebook Buy Ticket Button Could Make Things Easier

02/11/2013, Facebook is reported to have started testing a Buy Tickets button (according to AllFacebook), where users can now buy tickets to events they feel like attending. The flip side, the button does not lead to any place within Facebook. Instead users are still...

Google Default Search Status in iOS Estimated At $1 Billion A Year

02/11/2013, Analyst Scott Devitt at Morgan Stanley estimates that Google pays $1B a year to Apple to be the default search engine in iOS devices. Given that iPhone and iPads are often estimated to make up for a large majority of mobile web traffic (we’re seeing...

Google Acquires Channel Intelligence

02/06/2013, Google is on a roll. The latest buyout is Channel Intelligence, a consolidated company owned by the ICG Group. Via press release, ICG Group announced today that Channel Intelligence has signed a definitive agreement with Google for $125 million “in...

Samsung Smartphones Drive Record Profits

01/24/2013, Samsung has reported a record quarterly profit of $8.3B, thanks to strong sales from its mobile division which has seen its business nearly double year over year. That $8.3B reflects an increase in profit of 89%, which is a huge percentage number for an...

Nokia Begins To See Progress

01/24/2013, It looks like Nokia’s hard work is beginning to pay off. Nokia has released its full year 2012 and Q4 financial report today. In its report, Nokia said that it was able to sell 4.4 million Lumia smartphones, 9.3 million Asha full touch smartphones,...

Amazon Acquires Text-To-Speech Software Company Ivona

01/24/2013, Amazon has acquired text-to-speech technology company IVONA Software. Announcing the good news today, Dave Limp, Vice President of Amazon Kindle says that IVONA has been instrumental in helping the online retail giant deliver excellent accessibility...

Apple Mac Sales Down 21%, Reasons Up For Debate

01/23/2013, Apple’s shares have dropped 5% and were halted during trading hours at $514 and the after-hours price is down another 10.21% $461. Although Apple is still making a lot of money, the growth indicators have alarmed investors who were betting on...

Verizon Remains Strong Amidst Profit Loss

01/22/2013, Verizon has just released its financial report for Q4 last year. The nation’s largest carrier says that it saw an 8.5 percent increase per year in service revenues and 8.4 percent per year increase in retail service revenues. Verizon also gained 2.2...

Sony Sells Its U.S. Headquarters

01/18/2013, Sony is selling its U.S. headquarters building which is located at 550 Madison Avenue in New York City. And the lucky buyer goes to a consortium led by The Chetrit Group, a New York-based owner of commercial properties in New York City and other major US...