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Hulu’s Stakeholders say They are not Going to Sell And will Infuse $750 Million Of Cash into Firm
0By: Jeff Stewart | July 20th, 2013 | Business, News
Popular online video service Hulu was up for sale for quite some time now, but it seems that none of the final bidders were able to propose a decent bid that could satisfy the current owners of the service. As a result of that The Walt Disney Company, 21st Century Fox and NBCUniversal made it known that they are not going to sell ...
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Amazon Stuns Customers by Reducing Cloud Service Fee by up to 80 Percent
By: Jeff Stewart | July 20th, 2013 | Business, Google, News
Amazon surprised its cloud service users on Tuesday, July 9th, when the multinational organization announced a massive cut in prices on its Elastic Cloud (EC2) virtual private cloud offering. According to the official announcement, Amazon has slashed up to 80 percent of its cloud service prices. As a result of that huge cut in p...
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Microsoft Adapts Apple-Like Approach to Update Organizational Structure
By: Jeff Stewart | July 20th, 2013 | Apple, Business, News
Microsoft recently made massive changes to its organizational structure and as a result of these changes several managers in the company were awarded new responsibilities. Microsoft said that it has made these massive changes so it could unify its services and products. However, Microsoft is not the first m...
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Microsoft Goes Through Massive Reorganization to Amplify Innovation While Unifying Services and Products
By: Jeff Stewart | July 19th, 2013 | Business, News
The management at Microsoft has reorganized the multinational corporation on a number of occasions in order to amplify its innovation and unify its services and products. However, now a lengthy memo from CEO of Microsoft, Steve Ballmer, has revealed that a massive change is coming in the hierarchy of the or...
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AT&T Gets Hold of US-Based Carrier Leap Wireless for $15 Per Share
By: Jeff Stewart | July 19th, 2013 | Business, News
AT&T has declared that it has bought US-based telecom carrier Leap Wireless for an amount of $15 per share. As a result of this acquisition AT&T will get all the assets of Leap Wireless that will help the company to extend its coverage to 5 million ...
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Microsoft Voluntarily Provided NSA Access to Popular Services Including Outlook, Skype and SkyDrive – Report
By: Ali Raza | July 19th, 2013 | Business, News
The ex-National Security Agency contractor Edward Snowden might still be on the run, but it did not stop him from revealing some more secrets related to the co-operation between the U.S. security agency and a top tech company. The Guardian has recently revealed some new top-secret documents which claims that the Redmond-based software giant
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Latest Data Shows Decline in PC Shipments for 5th Consecutive Quarter Making it Longest Ever in History of PC
By: Ali Raza | July 19th, 2013 | Android, Apple, Business, News, Tablets
Research firm Gartner has recently released new data related to the shipment of PCs which claims that 76 million PCs were shipped during the second quarter of 2013, which is 11 percent less than what the tech companies had delivered back in 2012 during the same quarter. According to Gartner, this was the 5th consecutive quarter in which a decline in PC shipments was observed, which has made it the...
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Thorsten Heins Asks BlackBerry Shareholders to Have Patience as Company is “Still in Early Phases” of Transition
By: Ali Raza | July 19th, 2013 | Business, News, O Canada, Smartphones
After showing poor second quarter results last week, BlackBerry held its annual shareholders’ meeting on Tuesday, July 9th. The Waterloo-based firm was expecting to face some harsh questions from its shareholders during the meeting who were disappointed after the company showed poor earning right after positive results at t...
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Apple Files Motion with US ITC to Prevent Import Ban on its Products Scheduled for Next Month
By: Ali Raza | July 19th, 2013 | Apple, Business, iOS, News, Smartphones, Tablets
According to the latest reports, California-based tech giant Apple Inc has filed a motion with the International Trade Commission (ITC) in order to halt an import ban on some of its products. The import ban on Apple’s devices is scheduled to be implemented from August 5, but it could see a delay if the Cupertino-based company...
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Nike Rolls Out New iPhone App for Designers to Gauge Sustainability of Materials
By: Ali Raza | July 19th, 2013 | Apple, Business, iOS, Mobile Apps, News, Smartphones
Users today have plenty of options when it comes to mobile apps. There is diverse choice that ranges from assistance in routine matters like exercise, healthy eating, managing daily tasks or business issues or any other thing in order to make everyday life easier. This increase in apps is all thanks to the smartphone which users are adapting quite fast. As a result of that every other day we get t...
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