business News, Page 6 ▼

iPhone may be assembled in the U.S, “one day”

05/29/2012, Tim Cook, Apple’s new CEO has publicly mentioned that the iPhone -which represents 50% of Apple’s business- may be “one day” assembled in the United States. While this will certainly not happen overnight, this may give hope to a...

Facebook hiring to build a smartphone? [again]

05/27/2012, This is a topic that has been going on and off, but here it goes again: Facebook is said to be hiring smartphone hardware and software engineers in order to build its own smartphone. That’s what Nick Bilton from the NYTimes has just published, and...

GameStop now selling Steam Wallet cards in all store locations

05/14/2012, Video game and entertainment software retailer GameStop has announced that it will start selling Steam Wallet cards for Valve’s Steam platform starting May 15. In partnership with Valve, GameStop will bring Steam Wallet to all GameStop locations in...

iPad and iPod POS system used in a New York restaurant

05/11/2012, Oh, the wonderful things that you can do with an iPad. Business partners Steve Escobar and Hugo Salazar wanted their own restaurant in New York to stand out. Their strategy was to make their restaurant look cool while saving money at the same time. So...

Sony expects ROI after huge loss in 2011

05/10/2012, Sony posted a record net loss of $5.74 billion for the fiscal year 2011. But the Japanese consumer electronics company said that it expects a return of profit this year as it cuts losses on its TV business, which has been a bottomless pit in recent...

Samsung acquires mobile cloud content provider mSpot

05/09/2012,   Samsung has announced today that it has acquired mSpot, a mobile cloud content service provider based next door in Palo Alto, California. In case you don’t know much about mSpot, the company, formed in 2004, is a provider of music and video...

Facebook IPO: Price Range Set Between $28 and $35 Per Share

05/03/2012, According to an article by Evelyn M. Rusli on the Dealbook / New York Times, Facebook sets the share price for its IPO at between $28 and $35 per share, a pricing that could value the company at around $86 billion at the midpoint of the range, while...

Gree acquires mobile game maker Funzio

05/01/2012, Funzio, the fast-growing maker of hardcore mobile and social games, has been acquired by the Japanese mobile social network Gree. Funzio’s got three games that are currently in the App Store’s top 25 grossing apps list. These top-grossing...

Google invests $300 million for a new data center in Iowa

04/26/2012, It was well over three years ago when Google invested a whopping $600 million in a data center located in Iowa to support its services – Gmail, Maps, and Search. The data center proved to be a great investment for the California-based giant,...

Microsoft earnings don’t detail Android’s contribution

01/19/2012, Earlier today, Microsoft has announced its earnings which have met investors expectations, at least when it comes to the overall revenues and profits. Some reports have been dramatizing the 6% drop of the Windows business, but it is probably due to the...

Sony store strategy is paying off

11/29/2011, We had an opportunity to talk to Phil Molyneux (President and Chief Operating Officer, Sony Electronics Inc) in San Francisco, and we discussed about Sony’s efforts to change its overall user experience, including the store experience. As Phil...

HTC massively cuts revenue estimates

11/23/2011, HTC just tamed its growth expectations by filing a document with stock market authorities in which it says that Q4 revenues will fall short of expectations by 15%-23% (depending on each analyst expectations). The new guidance equates more or less to last...

WebOS write-off costs HP $3.3B

11/21/2011, In today’s earning call from HP, the world has learned that HP has spent $3.3 Billion to write off things related to Palm and WebOS. This comes less than two years after HP spent $1.2 Billion to acquire Palm in the first place. Overall, this...