A lot has been made about the plans of Apple CEO Tim Cook moving some manufacturing operations to the US. Some say that it is due to Foxconn issues. Others say it is due to the fact that ‘outsourcing’ is not exactly a warmly welcomed word in the US right now. As I have written [...]
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Google and Apple Team up to Lower Costs in $500+ million Bid for Kodak Patents
You have to hand it to Google and Apple, they sure do know how to learn from past mistakes and come back from an error stronger than ever. While this observation can ring true for a wide range of activities these tech giants have engaged in, this is particularly true when it comes to their [...]
Price Cut Indicates Bad News For Microsoft’s Cloud Storage Efforts
I have been reporting on technology trends and tech companies for quite some time. If I have learned anything in this business, it is the fact that things are not always what they appear. You truly have to read between the lines to get the real deal. Take the case of price cuts. Whenever a [...]
Microsoft CEO says Windows 8 License Sales Broke 40 million mark in a Month
Soon after Windows 8′s launch, a chorus of disappointed or lukewarm reviews of the OS began to surface. Some analysts began shaking their heads. Did Microsoft just step in it? Wasn’t this OS supposed to be the software giant’s best and greatest hope of repositioning itself as the rightful overlord of the fast growing mobile [...]
Zynga promotes New Chief Creative Officer
Social gaming pioneer Zynga’s been through the wringer lately-falling stock price, revenue issues, and an exodus of top talent. Well, Zynga does have a talent backbench and while many high-level staffers ran for the exits, Zynga has a crop of talent to take their place. The departure of Zynga’s Chief Creative Officer Mike Verdu last [...]
Google’s Safari Privacy Fine gets Approved
Google’s privacy policy shenanigans have earned it a hefty $22.5 million fine. The Mountain View, CA search and mobile device OS giant has agreed to the fine to settle claims made by the US Federal Trade Commission that Google unlawfully circumvented privacy settings in Safari, Apple’s Web browser. The settlement was approved in San Francisco [...]
Hewlett Packard blames Bad Deal for $8.8 Billion Charge
Investors in Hewlett-Packard Co. took a big hit when the company claimed that it got fooled into one of its biggest company buy-outs: the $11 billion acquisition of UK software firm Autonomy. HP said that it will suffer a $8.8 billion charge because the management of Autonomy made key misrepresentations about Autonomy’s performance. Not surprisingly, [...]
Facebook and Apple Selloff Leaders
This week, Facebook and Apple Inc. were the leaders in a selloff that occurred on Monday, September 24. Facebook, one of the most popular social media sites online, fell to 9.1%, closing at $20.79. The stock in this company is currently worth only $15 per share. It is believed that many investors are overestimating the [...]
Can US Tech Hardware wear the Made in America Label?
Apple’s complete dominance of the mobile communication and computing device market has left many observers of the American Tech Industry scratching their heads. Sure, America houses countless designs and technologies, and sure it employs thousands of people but the actual manufacturing employs a lot more people overseas. The question is “Can America benefit more if [...]
Apple Reportedly in Acquisition Talks with Pinterest Competitor
Big splashy buyouts are not Apple’s thing. The technology giant prefers more subdued tech acquisitions and a lot of the times it prefers to develop its technology in-house. However, there is one big hole in its business model which is how to convert its 400 million and growing iTunes store users into a massive shopping [...]