Top 25 Largest Companies

Where does Apple fall on the list of the 2,000 largest companies in the world?

By on May 11, 2015 at 8:30 AM.

Where does Apple fall on the list of the 2,000 largest companies in the world?

This past holiday season, the iPhone 6 and iPhone 6 Plus helped Apple rack up the most profitable quarter that any company has ever recorded. The company also currently has an insanely huge market cap of about $735 billion, far greater than any other companies in the world.

But that doesn’t mean Apple tops Forbes’ list of the 2,000 largest companies on the planet. More →

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Tesla Powerwall Powerpack Battery Sales Estimate

Tesla has already received an estimated $800 million worth of battery orders

By on May 8, 2015 at 10:15 PM.

Tesla has already received an estimated $800 million worth of battery orders

When Elon Musk said demand for Tesla’s new home batteries was “crazy off the hook,” it seems he wasn’t exaggerating. Bloomberg has crunched some numbers and has estimated that Tesla has already taken $800 million worth of Tesla Powerwall and Tesla Powerpack batteries. Breaking things down a little further, Bloomberg says that Tesla has likely received just under $179 million worth of Powerwall reservations and $625 million worth of Powerpack reservations. Tesla has already said that it’s received 38,000 total reservations for Powerwall and 2,500 reservations for Powerpack, so figuring out how much revenue they generated is a matter of simple arithmetic. More →

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Uber: Nokia Here Maps Service

NYT: Uber willing to pay $3B for Nokia’s Here maps business

By on May 8, 2015 at 6:50 AM.

NYT: Uber willing to pay $3B for Nokia’s Here maps business

It’s no secret that Nokia’s Here mapping service is for sale, with the Finnish company having received various bids from third-parties interested in the maps and navigation business. Google, Apple, Microsoft and Facebook have been rumored to be among the interested companies. Similarly, a consortium of German automakers, including BMW, Audi and Mercedes-Benz, are also looking to purchase Here. Finally, Uber, a popular taxi service in many countries, is also looking to acquire Nokia’s maps division. More →

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McDonald's Southern California Kale Trial

McDonald’s is more desperate than we ever imagined

By on May 7, 2015 at 8:45 PM.

McDonald’s is more desperate than we ever imagined

McDonald’s is in bad shape right now and it has nothing to do with the silly-looking new Hamburglar mascot. Faced with slumping sales, the fast food giant has been scrambling around trying to come up with a way to rebrand its image to bring more customers back to its franchises. However, we never realized how desperate McDonald’s was until this morning when we read a Reuters report over at CNBC that revealed the company is actually going to start trying to sell kale at some locations in Southern California. More →

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Showtime Streaming Service

HBO Now streaming rival from Showtime to launch ‘in the coming months’

By on May 7, 2015 at 5:01 PM.

HBO Now streaming rival from Showtime to launch ‘in the coming months’

On an earnings call this afternoon, CBS CEO Les Moonves announced that the Showtime over-the-top service will launch in the coming months. The idea of a Showtime streaming service was floated shortly after HBO revealed its own offering — HBO Now — but no details were revealed at the time. More →

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Apple R&D Spending Increase Analysis

R&D spending surge indicates Apple is working on something positively massive

By on May 6, 2015 at 5:00 PM.

R&D spending surge indicates Apple is working on something positively massive

Apple normally keeps is cards very close to its vest but we still can find some indications about when the company is working on something truly big. Neil Cybart at Above Avalon has written up some very strong analysis of Apple’s recent spending on research and development and has come to the conclusion that Apple is working on something positively massive whose significance could dwarf the iPhone, the Apple Watch or any other major product Apple has released so far. More →

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iPhone 6 Biggest Fan

Sony’s favorite smartphone: The iPhone 6

By on May 6, 2015 at 2:30 PM.

Sony’s favorite smartphone: The iPhone 6

Sony’s mobile business is struggling, to say the least. In the United States, Sony smartphones are essentially non starters at this point. Even abroad, the company’s phones are struggling to compete against higher profile devices from the likes of Samsung. The company’s smartphone unit lost billions in 2014, and rumors suggest the company is considering an exit from the smartphone business so it can focus on more profitable units.

While its own smartphones are causing nothing but headaches at Sony right now, there is one smartphone that Sony absolutely adores: Apple’s iPhone 6. More →

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Comcast Customer Service Improvement Initiative

Comcast is trying something unheard of: Being ‘focused on the customer’ and ‘doing what’s right’

By on May 6, 2015 at 12:25 PM.

Comcast is trying something unheard of: Being ‘focused on the customer’ and ‘doing what’s right’

Why has Comcast’s customer service been so traditionally bad? Largely because it hasn’t faced any negative repercussions for it. After all, in many markets Comcast is the only game in town for broadband services, which means that angry customers don’t have anywhere else to go if they aren’t satisfied. However, the rise of cord cutting and online TV streaming services means that Comcast suddenly finds itself in competition with Netflix and other tech companies for users’ monthly TV subscription fees. This means Comcast actually has to (Gasp!) compete for consumers’ hearts and minds for the first time. More →

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iPhone Vs Android

iPhone 6 is a huge problem for Android

By on May 6, 2015 at 10:45 AM.

iPhone 6 is a huge problem for Android

In the fourth calendar quarter of 2014, Apple managed to earn more money than any company had ever earned before in a single quarter. The record-smashing quarter was driven by tremendous pent-up demand for iPhones with larger displays, as tens of millions of customers rushed to purchase the new iPhone 6 and iPhone 6 Plus.

As it turns out, we’re still seeing ripples from that massive launch and now, we can plainly see just how serious a problem the iPhone 6 and iPhone 6 Plus are for Android vendors. More →

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Why Is Comcast So Bad

Hilarious: Comcast’s Facebook fan page is filled with nothing but angry haters

By on May 5, 2015 at 9:00 PM.

Hilarious: Comcast’s Facebook fan page is filled with nothing but angry haters

Normally companies create pages on Facebook as a way for them to stay in touch with their assorted fans. If you’re Comcast, however, creating a fan page on Facebook means withstanding the wrath of angry users who are fed up with your infamously poor customer service. More →

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HTC Revenue April 2015

One M9 seemingly no match for Galaxy S6 as HTC sales plummet in April

By on May 5, 2015 at 9:05 AM.

One M9 seemingly no match for Galaxy S6 as HTC sales plummet in April

Launching a new flagship smartphone on the same day Samsung released its new Galaxy S6 and Galaxy S6 edge handsets seemed like a fool’s errand for HTC, and now that the numbers are in, it appears safe to say our assumptions were spot on.

While there’s no question that the HTC One M9 is a fantastic phone, most Android fans didn’t view it as a significant upgrade compared to last year’s One M8. As a result, the new phone hardly provided the sales boost HTC was hoping for, and the company’s revenue plummeted in April. More →

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Verizon Netflix Slow

Verizon caught lying in effort to upgrade customers to more expensive broadband plans

Verizon caught lying in effort to upgrade customers to more expensive broadband plans

By on May 4, 2015 at 12:00 PM.

The idea that an Internet service provider might lie to subscribers in an effort to get them to upgrade to a more expensive broadband plan will shock no one. These companies are notorious for pulling the wool over subscribers’ eyes and maintaining close relationships with regulators, who often turn a blind eye. For example, can you believe that some ISPs are still getting away with charging customers an additional monthly fee to use Wi-Fi in their homes? We’ve even heard cases of customers being charged for Wi-Fi while using their own wireless equipment.

But the latest example of an ISP trying to pull the wool over a customer’s eyes has a hilarious twist: Verizon tried to convince a subscriber that he needed a pricy 75Mbps plan instead of a 50Mbps plan in order to make Netflix smoother. That subscriber, however, turned out to be one of the most widely respected streaming media experts in the country.

Oops. More →

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