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Category Archives: Business

  • Apple’s iRadio Service May Prove More Lucrative for Music Labels than Pandora – Report

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    By: Jeff Stewart  |  April 6th, 2013  |  Apple, Business, iOS, News

    For the past couple of weeks Apple’s much talked about music streaming service, ‘iRadio’ has been in the news, as various reports suggest that the Cupertino-based company is aggressively working on the service in order to launch it as soon as this summer. However, these reports also indicated that Apple is struggling to sign...

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  • Analyst says Samsung is Producing More Galaxy S IV’s than Originally Estimated

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    By: Ali Raza  |  April 6th, 2013  |  Business, News, Smartphones

    Mark Newman, an analyst from Bernstein Research, has released a research note at the start of this week in which he has maintained his previous stance on Samsung’s stock by claiming it will ‘Outperform.’ The analyst from Bernstein Research also mentioned in the note that although the gross margin of Samsung Galaxy S IV is ...

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  • Cloud Based 3D Rendering Platform Lagoa Gets $1.6 Million In Funding

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    By: Talha Bhatti  |  April 5th, 2013  |  Business, News, O Canada
    lagoa

    Atlas Ventures, Real Ventures, Rho Canada Ventures and 500 Startups have recently injected $1.6 million into a cloud-based 3D design platform named Lagoa. The Montreal-based start up works with cutting edge technology in the digital rendering sphere and is led by CEO Thiago Costa. The company's head believes the sector has lacked innovation bec...

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  • Canadian Telecom Carriers Oppose Federal Government’s Planned Involvement in Transfer of Spectrum Licenses

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    By: Ali Raza  |  April 5th, 2013  |  Business, News, O Canada

    Christian Paradis, the Minister for Canadian Industry announced back in March that they are looking to boost the competition in the wireless industry so consumers in Canada would be able to get better services and prices. The Federal Government announced its intentions to “promote at least four wireless providers in every region of the country.” Apart from this the Minister announced other pla...

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  • Samsung Reports 1400 Mini Stores will Open in U.S. Best Buy Locations This Summer

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    By: Ali Raza  |  April 5th, 2013  |  Business, News

    A recent rumour stated that Samsung was planning to open Apple-style mini stores within Best Buy but at the time it did not receive any confirmation ...

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  • Rovio Entertainment Posts 101 Percent Growth with 152.2 Million Euros in Revenue for 2012

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    By: Jeff Stewart  |  April 5th, 2013  |  Business, Games, News

    2012 remained a record breaking period for Angry Bird’s developer Rovio Entertainment Ltd as the company announced its full-year financial results from 2012 on Wednesday, April 3rd. The company reported that its sales had grown 101 percent and it had banked 152.2 million euros with a net profit of 55.5 million euros,...

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  • Just 40 Days After its Launch in Korea LG Sells 500,000 units of Optimus G Pro

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    By: Jeff Stewart  |  April 3rd, 2013  |  Business, News, Smartphones

    When South Korean smartphone maker LG launched its flagship device Optimus G it was hoping that it would be greeted warmly by the consumers, but unfortunately it did not live up to expectations. However, LG did not lose hope and came out with an even bigger and better successor of the device, Optimus G Pro, to give an unparalleled...

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  • BlackBerry Looking to Launch Refreshed BB7 Devices as CEO Thorsten Heins Claims “BB7 is Still Very Successful”

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    By: Ali Raza  |  April 3rd, 2013  |  Business, News, O Canada, Smartphones

    BlackBerry 10 is the latest operating system from Canadian firm BlackBerry which the company launched at the start of February. The new software currently powers the latest BlackBerry Z10 smartphone and soon consumers will be able to experience it on BlackBerry Q10 as well. Andrew MacLeod, Managing Director of BlackBerry Cana...

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  • Tim Cook Uses Apple’s China Website to Apologise About Warranty Policies

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    By: Jeff Stewart  |  April 3rd, 2013  |  Apple, Business, iOS, News, Smartphones, Tablets

    Last week China's state controlled media slammed California-based tech giant Apple over its warranty policies. The Chinese media said that the multinational company has a different warranty policy in China as compared to the US and other countries. The report stated that instead of replacing iPhones, Apple offered repairs only. To...

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  • China Strongly Opposes New U.S. Law That Regulates Government Purchasing of Chinese IT Systems

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    By: Ali Raza  |  April 3rd, 2013  |  Business, News

    The United States has passed a new law as a part of a large spending bill on Thursday, March 28th that confines government organizations from purchasing Chinese technology. As a result of this provision tensions between the two countries have once again increase as China strongly opposed the new law for government purchasing. Opposing the new provision, China said that the measure will badly affec...

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