Lenovo had been actively pursuing its plans to takeover BlackBerry and had reportedly even signed an NDA with the company, but the Canadian Government rejected the idea of a Chinese company taking…
Category: Business
I am BlackBerry’s biggest fan says departing CEO
In a farewell letter addressing company’s employees, outgoing BlackBerry CEO Thorsten Heins wrote that even after handing over his CEO post to John S. Chen, Heins will remain to be the company’s…
Twitter shares to cost $26 a pop
Twitter shares have been priced at $26 each ahead of its debut at the New York Stock Exchange (NYSE) today. The microblogging site, which announced the $23-$25 range on Monday, will be…
Mulally, Elop make it to Microsoft’s would-be CEO list
In an attempt to find the best successor for Microsoft’s outgoing Chief Executive Steve Ballmer, the company has narrowed down the list to about five people including Alan Mulally, Ford Motor Co…
Apple tops US smartphone market – comScore
Latest data from comScore on U.S. smartphone market for September 2013 highlights the dominance of Apple as the top US smartphone maker with a whopping 40.6 percent OEM market share. Samsung, HTC,…
Nokia-Samsung patent deal extended for another 5 years
Nokia, on Monday, announced extension of existing patent licensing agreement by Samsung for another five years. The patent agreement between the two was set to expire by 2013 end. The extended deal,…
Nintendo: Wii U did not work for us
The game company Nintendo says Wii U did not turn up as expected. The gaming console rather had a negative impact on the company’s financials during the last six months because of…
Intel mulls TV service exit
Intel is planning to exit television service market even before rolling out its own service by selling off its Intel Media unit to Verizon, sources familiar with the matter have claimed. All…
Nokia Lumia smartphone Q3 sales crosses 8.8 million mark
Nokia has succeeded in selling a record 8.8 million Lumia smartphones in 2013’s third quarter, it has revealed in its first earnings calls after the announcement of €5.44 billion takeover deal with…
GTA V sells 29 million units in first month; helps Take-Two beat Wall Street estimates
The latest edition of the cop killing game – Grand Theft Auto V – has managed to sell over 29 million units in just one month helping Take-Two beat Wall Street estimates…
Jonathan Ross is Microsoft Studios’ new executive producer
Jonathan Ross, the famous television personality along with his colleague Georg Backer will soon join Microsoft Studios team as executive producers. Ross will be working with UK Xbox teams including Lift London,…
Huawei continues to face ban from new Australian Government
Sticking with the previous government’s decision, Australia’s new government will also continue to maintain a 2-year-old ban on the Chinese Telco firm Huawei restricting the firm from working with the National Broadband…
Apple’s quarterly earnings down despite surge in iPhone sales
At Apple’s Q4 earnings call held yesterday, the company revealed a quarterly profit of $7.5 billion owing the maximum to its soaring iPhone sales. However, people opting more for the lower-priced iPhones…
Tim Cook: iPhone 4S is the low-cost option and not iPhone 5C
During yesterday’s earnings call, Tim Cook revealed that Apple never looked at the iPhone 5C as a low-cost iPhone, but the iPhone 4S was the entry model. Tim Cook revealed that it…
Apple to announce iPhone 5S, iPhone 5C sales figure today
At Apple’s Q4 earnings call to be held today, the company will reveal its iPhone 5S and 5C sales and revenue forecasts. In September the iPhone 5S and 5C model handsets were…