Apple may be dwelling on the idea of venturing into the mobile payments vertical – at least as far as payments for physical goods from iPhones, iPads, and iPod Touch is concerned…
Category: Business
Qualcomm beefs up patent stash with HP patent portfolio buy
Qualcomm, in a bid to bulk up its patent stash, has picked up patent portfolio from Hewlett-Packard Co, Hewlett-Packard Development Co LP and Palm Inc. The patent portfolio comprises of around 1,400…
Microsoft shipped 3.9 million units of Xbox One to retailers in 2013
Microsoft shipped 3.9 million units of Xbox One to retailers in 2013 according to its latest quarterly earnings report. Microsoft’s FY14 Q2 financials report revealed “record” revenues of $24.52 billion for the…
Carl Icahn’s Apple stake now worth $3 billion
Carl Icahn on Wednesday confirmed through a tweet that he bought $500 million worth of additional Apple stocks in the last two weeks bringing his total investment in the iPhone maker to…
LogMeIn: No more free service
LogMeIn, the famous remote computer access software company, has cancelled its free service starting today. LogMeIn, through an email alert and an official blog post on Tuesday, revealed that it has begun…
Nintendo chief held responsible for weak Wii U sales
Nintendo President Satoru Iwata, who was once given the credit of tripling the company’s revenue by launching hits like the Wii console, is under immense pressure coming from some of the investors…
Google buys Impermium for undisclosed amount
Google has bought a three-year old cyber security startup with Indian pedigree for an undisclosed amount. Impermium was founded by a team of three including two Indians Vish Ramarao and Naveen Jamal…
Ballmer likely to distance himself completely from Microsoft after new CEO is named
With the ongoing search for Microsoft’s new CEO a new rumour suggests that Steve Ballmer will not only step down from his CEO post, but will also exit from Microsoft’s board of…
Vodafone and BSkyB want to clip BT’s broadband wings
Vodafone and Sky are reportedly involved in high level discussions about how both the companies could come together to stop BT’s growing dominance in the broadband sector. According to the Sunday Times,…
Nintendo stock prices tumble as company forecasts loss
Mere a couple of days after Nintendo announced its revised Wii U sales forecast owing to declining software and hardware sales in the holiday season last year, company’s shares have lost more…
Microsoft dismisses OEM payout rumours, says ‘numbers are complete fiction’
Microsoft has dismissed recent reports of the company paying cash incentives to Windows Phone OEM partners saying that the ‘numbers are complete fiction’. Frank Shaw, Microsoft’s Lead of Communications, took to Twitter…
Intel planning a global workforce cut in 2014
Owing to the declining PC market, Intel is planning to reduce its global workforce by around 5 percent in 2014, announced the company in a statement released on Friday. A 5 percent…
Twitter’s Product VP Michael Sippey says goodbye to the company
Michael Sippey, Twitter’s Vice President of Product, made an announcement on Friday that he would step down to an advisory role at the company from his Product Chief post with effect from…
Will Nintendo now make smartphones and tablets after Wii U’s dismal sales?
Couple of hours after Nintendo announced it was revising its Wii U sales forecast for the year from 9 million to mere 2.9 million, company’s CEO Satoru Iwata while addressing audience at…
Xbox One topped US gaming console charts in December claims new data
Microsoft reportedly sold over 900,000 units of its Xbox One gaming console in the US in December making it to be the top-selling gaming console. Also not far behind in the race…