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New York-Based Arkadium Appoints Canadian Gaming Industry Expert David Elton as GM of Toronto Studio
0By: Jeff Stewart | April 27th, 2013 | Business, News, O Canada
New York-based Arkadium provides casual games and other parlor titles has appointed Canadian gaming industry veteran David Elton as their general manager for the game development studio in Toronto this week. Akradium was founded back in 2001 should be pleased with their selection, as Elton has 18 years of experience of working...
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Betaworks Acquires a Majority Stake in Instapaper
By: Jeff Stewart | April 26th, 2013 | Business, News
The popular web service Instapaper that allows users to save articles for reading later is owned by Betworks, as the original owner of the site Marco Arment declared that he has sold most of the stake to the venture capital company. Arment made this announc...
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Leap Motion Delays the Shipping Date of its 3D Motion Controller from May 19th to July 22nd
By: Jeff Stewart | April 26th, 2013 | Business, News
The Leap Motion controller was supposed to ship on May 19th according to the manufacturer who promised customers of delivery during the pre-orders phase via Best Buy retail store. However, on Thursday, April 25th, the CEO of Leap Motion, Michael Buckwald, said that they have delayed the shipping date of the 3D gestur...
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Amazon Declares 2013’s First Quarter Results; Net Income Falls by 37% Whereas Sales Decreases by 6%
By: Jeff Stewart | April 26th, 2013 | Business, News
E-commerce giant, Amazon declared its first quarter earnings of 2013 on Thursday, April 25, which showed that the company has managed to beat expectations of analysts on Wall Street. The consensus was that the IT giant would post revenue of $16.2 billion with $0.08 earnings per share, whereas the Kindle Fire manufacturer posted ...
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Samsung Opens its First Samsung Experience Shop at Union Square Best Buy Store in Grand Style
By: Jeff Stewart | April 26th, 2013 | Android, Apple, Business, Google, News, Smartphones, Tablets
Earlier Samsung announced that it was going to opening Apple-like ‘
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Ways to Raise Funds for Start-ups
By: Zain Nabi | April 26th, 2013 | Business
Fundraising for a start-up is as important as building a solid team and coming up with a fresh perspective for your business model. It involves careful planning and A LOT OF preparation, I mean it. Many start-ups do not sustain in the longer run because they eventually fall short of funds that forces them to close their enterprise. However, there are many examples of successful entrepreneurs who h...
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Tim Cook Says He is Quite Thrilled About the New Line-up of Apple Products
By: Ali Raza | April 25th, 2013 | Apple, Business, iOS, News, Smartphones
Apple announced its earnings for the second quarter of 2013 on Tuesday, April 23rd and surpassed expectations of several analysts by declaring revenue of $43.6 billion for the period. However, apart from the financial statistics of the company the press release from Apple also included a significant statement from CEO Tim Cook, wh...
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Report Claims Amazon is Allegedly Working on Set-Top-Box to Compete against Apple and Google
By: Jeff Stewart | April 25th, 2013 | Apple, Business, Google, News, O Canada
According to Bloomberg, Amazon has decided to compete against Apple and Google in the set-top-box market and the e-commerce giant is looking to launch its own set-top-box so it could also strea...
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Datacenter-Accelerator Fusion-io Buys NexGen Storage for $114 Million Cash and $5 Million of Stock
By: Jeff Stewart | April 25th, 2013 | Business, News
Fusion-io, a datacenter-accelerator has declared on Wednesday, April 24th that it has acquired NexGen Storage, an appliance vendor, for an amount of $114 million and $5 million of stock. As a result of this deal, 50 NexGen staff members will now move ...
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Apple Beats Expectations by Declaring $43.6 Billion Revenue for the Second Quarter of 2013
By: Jeff Stewart | April 24th, 2013 | Apple, Business, News, Smartphones, Tablets
Apple announced its financial results for the second quarter of 2013 on Tuesday, April 23rd, which revealed that the tech company has earned revenues of $43.6 billion during the period. The $43.6 billion revenue from Apple was more than estimates, as it was predicted that it will fall between $41 and $43 billion, but the tech gian...
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