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Category Archives: Business

  • WORD IS: New iPhone to be Announced September 12

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    By: Kuljit Grewal  |  August 1st, 2012  |  Apple, Business, News, Smartphones

    According to two sources with knowledge on the matter, Apple Inc. will be announcing their most anticipated device ever; the iPhone 5 on September 12 of this year. The fall date is in line with some of the company’s previous product launches, allowing the holiday season to drive sales numbers.   The revamped device is expected to feature a larger sc...

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  • Enterprise Cloud Solution Box Raises $125 Million for a $1 Billion Plus Valuation

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    By: Kuljit Grewal  |  August 1st, 2012  |  Business, News

    Cloud storage solution company Box, which is targeted specifically at business and enterprise users has raised a substantial growth round of $125 million according to AllThingsD. The funding, which was lead by Gene...

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  • Chinese E-Commerce Giant is Looking to Raise a Whopping $8 Billion

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    By: Kuljit Grewal  |  July 31st, 2012  |  Business, News

    According to the NY Times, The Alibaba Group is close to securing an $8 billion funding round, valuing the company at an impressive $43 billion in equity. According to parties in the know, the Chinese company is looki...

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  • Canadian Entrepreneur Accuses Twitter of Hijacking His Concept

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    By: Kuljit Grewal  |  July 31st, 2012  |  Business, News, O Canada, Social Media

    Howard Lindzon, the founder of StockTwits, a service that organizes investment information from Twitter has got a major bone to pick with Twitter. The company, which deploys “cashtags” – hashtag style metadata tags that begin with the “$” symbol rather than the h...

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  • Zynga Is In Hot Water In More Ways Than One

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    By: Kuljit Grewal  |  July 31st, 2012  |  Business, Games, Mobile Apps, News

    Facebook game maker Zynga would probably like to call a timeout right about now. Not only has the company stock dropped from a $10 IPO price to a much less awesome $2.95 as of today, but the social game maker has now been hit with insider trading allegations.   According to

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  • HootSuite Adds Evernote, Storify and Zendesk to Their App Directory

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    By: Kuljit Grewal  |  July 31st, 2012  |  Business, O Canada, Social Media

    Vancouver’s dashboard style social media management company HootSuite have added some firepower to their service. Having introduced an app directory featuring plugins that work to enhance the dashboard experience for their nearly 5 million customers in late 2011, the company has now integrated three notable third party applications to their repertoire. All of the aforementioned plugins are fr...

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  • RIM May Be Laying Off 3,000 Employees Come August 13, 2012

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    By: Kuljit Grewal  |  July 30th, 2012  |  Business, News, O Canada, Smartphones

    According to sources of Canadian website Cantech Letter, Reaserch in Motion is not done cutting jobs. The moribund company, who recently announced plans to lay off 5,000 employees, nearly one third of its staff is ru...

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  • Vancouver’s Gaming Industry Hit Again as Microsoft Lays Off 35 and Cancels Two Projects

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    By: Kuljit Grewal  |  July 29th, 2012  |  Business, Games, News, O Canada

    Technology and gaming giant Microsoft delivered some somber news this past week, laying off 35 staff in the Vancouver area. Those employees had been working on the development of two games, Microsoft Flight and Project Columbia.   The halted projects come on the heels of Microsoft posting their very first quarterly loss as a public company...

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  • Mark Zuckerberg Denies Facebook Phone…Sorta

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    By: Kuljit Grewal  |  July 29th, 2012  |  Android, Business, News, Smartphones, Social Media

    At another recent Facebook milestone, its first earnings call, Mark Zuckerberg was asked about the rumours surrounding his company and the potential for them to be creating a phone for release in 2013, as reported by TQ.   Zuckerberg replied “There are lots of things that you can build in other...

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  • New Photos Reveal What Might Be iPhone 5 Design

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    By: Kuljit Grewal  |  July 29th, 2012  |  Apple, Business, Smartphones

    According to Mashable and BGR, photos may have emerged of what appears to be the final design of the highly anticipated iPhone 5. The photos, which come courtesy of coolzonepda.com.cn indicated a device that matches various rumours that have been swirling re...

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