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Analyst Claims Steady Local Sales of Macs will Help Apple Post Better Earnings in Second Quarter
0By: Ali Raza | May 22nd, 2013 | Apple, Business, iOS, News
Macs are no longer on the priority list for Apple because the company’s revenue does not depend much on sales of the computing devices anymore. Howevr, according to Gene Munster, an analyst for Piper Jaffray, its recent sales will positively affect the second quarter earnings of the Cupertino-based company. An AllThingsD report ...
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Milward Brown Optimor Ranks Apple as the Most Valuable Brand in the World
By: Ali Raza | May 22nd, 2013 | Apple, Business, Google, News
Marketing intelligence company, Milward Brown Optimor, has recently released its annual ranking list which depicts Apple as the most valuable brand in the world thanks to its diversified business portfolio, strong corporate branding and balance of global and local strength that have pushed it to the top. Milward Brown has determin...
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Canadian Venture Capital Activity Up By 55%
By: Talha Bhatti | May 22nd, 2013 | Business, News, O Canada
Thomson Reuter's latest report on the venture capital industry of Canada states that deal-making jumped up by 55 percent during the first quarter of 2013. The upswing in investments from venture capitalists reached a total of $460 million for the time period. The clean technology sector was out in front with $180 million or 39% of total VC ...
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Canadian Visual Recognition App Slyce Closes $3.75 Million Seed Funding Round
By: Talha Bhatti | May 22nd, 2013 | Business, Mobile Apps, News, O Canada
Canadian startup Slyce is following in the footsteps of music recognition service Shazam and gaining popularity as a visual recognition app. TechVibes has reported that the fast growing Calgary-based firm has just completed a seed ...
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Google Declares It Will Close Google Checkout on November 20, Suggests Merchants Switch to Google Wallet
By: Jeff Stewart | May 22nd, 2013 | Business, Google, News
On Monday, May 20th, Google declared that it is going to eradicate Google Checkout by November 20, 2013 and is looking to replace the online payment processing service with Wallet which was officially introduced as a substitute in September 2011. The search engine giant has made this announcement six months before expiring Google...
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Ireland Denies Allegations of Offering Special Tax Rate to Apple Subsidiaries
By: Jeff Stewart | May 22nd, 2013 | Apple, Business, News
The US Senate Committee has severally criticised Apple for its “Holy Grail of tax avoidance.” According to a report that was co-written by Senator Carl Levin and John McCain, the Committee has blamed Apple for reaching a deal with the Irish government as result of which the company has avoided a tax rate it is legally bound to...
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Following the Release of Apple’s Testimony U.S. Senators say Company “Uses Unusual Tactics” to Avoid Taxes
By: Jeff Stewart | May 22nd, 2013 | Apple, Business, News
After Tim Cook was called to testify in front of the U.S. Senate on Tuesday, May 21st, Apple made its planned remarks public just a day before the hearing. The Cupertino-based company has not only shed light on its offshore tax practices in the testimony, but it has also given suggestions about corporate tax reform. However, it ...
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New Zealand Based Rocket Jump Partners With Scopely To Get Mini Golf Matchup Success
By: Talha Bhatti | May 21st, 2013 | Business, Games, Mobile Apps, News
New Zealand based Rocket Jump has developed popular mobile games like Major Mayhem and has recently released another hit with Mini Golf Matchup. The Wellington firm partnered with American mobile gaming platform Scopely to launch the app that has gotten 10 million downloads by th...
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Canadian Gaming Studios Get Ready For Ottawa International Game Conference
By: Talha Bhatti | May 21st, 2013 | Business, News, O Canada
The Canadian gaming industry will be converging on the Ottawa Convention Centre at the Ottawa International Game Conference (OIGC) on Wednesday, May 29 to see the latest developments in the country's and more specifically Ottawa's gaming sector. The event is a recent addition to the schedule of many attendees after it got its start in 2012 thanks...
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Yahoo! Finally Acquires Tumblr for $1.1 Billion
By: Jeff Stewart | May 21st, 2013 | Business, News
Rumours regarding the acquisition of Tumblr by Yahoo have been whirling in the tech world for quite some time now, but since they were not officially confirmed it was believed that the two companies either failed to reach a deal or the two parties never talked...
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