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Netflix is Planning to add Social Sharing to its Service in 2013
0By: Kevin Green | December 27th, 2012 | Business, News, Social Media
Online streaming content provider, Netflix, has acknowledged to Washington based politic journal, Talking Points Memo, that social sharing features will be released to users based in the United States in 2013. However, the precursor for the popular website to do this will be for President Obama to sign a bill that makes sharing information abou...
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JPMorgan Acquires Daily Deal Site Bloomspot for $35 Million
By: Jeff Stewart | December 26th, 2012 | Business, News
The international banking corporation for investment, securities and retail, JPMorgan Chase & Co. (JPM) has acquired
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IBM to Acquire Austin-Based Big Data Management Company, StoredIQ
By: Ali Raza | December 26th, 2012 | Business, News
Last Wednesday represented an important day in the tech world, as numerous companies related to this sector made important announcements, one of them being IBM. The multinational consulting and technology corporation declared on this day that it is going to buy Austin based
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Canadian Social Search Engine Wajam Sees Exponential Growth
By: Talha Bhatti | December 26th, 2012 | Business, News, O Canada, Social Media
Canadian startup Wajam has released a new end of the year video that highlights the technology ventures many achievements in 2012. The 2012 Year in Review video claims that Wajam started off the year with several hundred people downloading the search engine every day. This number has jumped enormously and the company now has thousands of users...
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Instagram Becomes Target Of Class Action Lawsuit After Changes In Terms Of Service
By: Talha Bhatti | December 26th, 2012 | Business, News, Social Media
Instagram, a photo sharing service that was recently purchased by social network Facebook, got a taste of its first civil lawsuit after the website controversially updated its service terms. After the changed made last week, many users and critics protested against what they believed was ...
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Netflix Down On Christmas Eve; Blames Amazon Web Service Servers For Outage
By: Talha Bhatti | December 26th, 2012 | Business, News
On December 24, Christmas Eve 2012, video streaming service Netflix was hit by outages that effected subscribers of the service in North America. Netflix claimed that “many but not all devices" that run the service had problems. According to reports, some customers were still without Netflix service on Christmas morning. However, by 8:45 a....
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FreshBooks’ Userbase Reaches Five Million Mark With $8 Billion invoiced During This Year
By: Jeff Stewart | December 24th, 2012 | Business, News, O Canada
Toronto based startup FreshBooks’ founder Mike McDerment has made it known that his online invoicing software has now got five million users. This is a remarkable achievement by FreshBooks considering the fact that its start was pretty ordinary, as McDerment admitted that his startup had only 10 customers in i...
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RIM Looks at Tiered Pricing for Service Access Fees as They Ready for Launch
By: Talha Bhatti | December 24th, 2012 | Business, News, O Canada, Smartphones
Beleaguered Canadian technology giant Research in Motion recently announced results for the third quarter of 2012 and delivered results that marginally surpassed already low analyst and market expectations. RIM also showed that its cash pile had grown and that the company is all set to launch its upcoming BlackBerry 10 devices and platform at the e...
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Facebook Releases Poke App In Bid To Outdo SnapChat
By: Talha Bhatti | December 24th, 2012 | Business, Mobile Apps, News, Social Media
On December 21, Facebook gambled that the world was not coming to an end and released its latest mobile product, the Poke app. The app is for the iPhone and iPod Touch and mimics the ability of the popular Facebook feature available on the web version of the social network. Along with pokes, users can use the app to send videos, pictures a...
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Canadian Firm Cogeco Cable Buys Peer 1 Network Enterprises For $635 million Deal
By: Talha Bhatti | December 24th, 2012 | Business, News, O Canada
Vancouver-based Peer 1 Network Enterprises was recently bought out by Montreal’s Cogeco Cable giving stock-holders $3.85 per share, a generous premium of 32% over the trading share price. The internet infrastructure provider was purchased for a deal that totaled $635 million. &nbs...
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