In light of falling profits, Samsung is freezing wages for all of its employees in South Korea, Reuters reported on Thursday. This is the first time the company has elected to freeze wages since the international financial crisis in 2009, which goes to show just how seriously Samsung is taking this recent downturn. More →
By all accounts, Apple can be a difficult place to work. In fact, it seems that just getting there is a chore. Information Age directs our attention to a new blog post from U.K.-based UX designer Luis Abreu, who recently had his application to work for Apple rejected despite going through “three screenings, five FaceTime calls and a trip to Cupertino.” More →
The FCC may rescue net neutrality by reclassifying ISPs as utilities, but that doesn’t mean all your Internet-related problems are going away. The Guardian points out that even though the FCC wants to make sure that Internet access won’t change so users will still be able to get the same Internet experience they get today, that doesn’t mean the Commission will also regulate prices. Since not all subscribers will spend the same amount of money on Internet and cable each month, the publication put up an interactive map showing the cost differences between different providers and regions. More →
With shares of Apple now hovering in the $133 range, Apple’s market cap currently checks in at a whopping $775 billion. To put that figure into perspective, Apple is worth more than double the value of Exxon. Even more impressive is that Apple is now worth more than the market values of Google and Microsoft combined; together, both companies are worth $727 billion.
Cable bills have been increasing at triple the rate of inflation and it’s a good bet that your wireless bill has shot up in recent years too thanks to the rise of mobile data plans. Rather Be Shopping, however, contends that lowering your bill for these services is surprisingly easy as long as you’re willing to play hardball with your service provider. More →
When iTunes was first unveiled nearly 15 years ago, it was a revolutionary product — all your music available in one place. As time has moved on, other platforms, including Pandora, Spotify and others have eaten away at iTunes, as digital streaming has replaced the download.
However, Apple isn’t going to go quietly, as the company has said “music… is deep in our DNA.” More →
HTC has started recovering from its sales slump of the last few years but the company knows that to keep gaining momentum it will need more than just smartphones. CNET’s Roger Cheng has a lengthy profile of HTC’s plan to remake itself from a company that’s known primarily for smartphones to a company that makes a plethora of interesting tech products, including both hardware and software. More →
Comcast thought the Time Warner Cable merger would be all wrapped up by now, mostly because it’s so used to getting exactly what it wants from Washington. However, it’s been a year since the proposed merger was officially announced and its prospects are cloudier than they’ve ever been thanks in part to a series of customer service blunders that have left both companies embarrassed and apologetic about how they treat their own customers. More →
Apple has accused Samsung of stealing its ideas but now it looks like Apple is stealing away Samsung employees. The Korea Times reports that “Apple is luring away Samsung Electronics’ experts in next-generation technology” with a particular focus on “technicians and engineers engaged in signal- and visual-processing management.” Apple has also apparently recently been poaching Samsung battery experts, which is particularly interesting since it comes at a time when Apple is reportedly working on building its own electric car and is putting a great emphasis on developing more efficient sources of energy. More →
Ahead of the Apple Watch launch, Apple’s stock price continues to set new records. At the close of trading on Monday, shares of Apple were priced at $133 even, marking a new all-time closing high for the stock. Notably, the new closing price marks the first time Apple shares surpassed the $130 threshold. More →
Apple on Monday announced plans to significantly expand its operations in Europe, committing to its biggest investment yet in the region. More →
Time Warner Cable has been jealously watching Comcast soak up all the bad press and now it’s doing something about it. Ars Technica reports that Time Warner Cable customer Esperanza Martinez was horrified when she received a letter from TWC recently in which the company referred to her as “C**t Martinez.” More →
