Soaring profits leave Samsung with a $40 billion cash pile
Given that Samsung is one of only two smartphone vendors in the world to post significant profits, it’s not surprising that it has been accumulating …
News
Microsoft names Corporate VP Amy Hood as new CFO
Microsoft has named current Corporate Vice President Amy Hood as its new Chief Financial Officer. The company announced on Wednesday that Hood will replace outgoing CFO …
Apple seeks Android source code from Google in Samsung patent case
Apple claims Google is withholding information about Samsung’s use of the Android source code. The company is now asking a judge to force Google to …
T-Mobile CEO’s strategy explained: Be cheap and do almost anything for attention
In case you haven’t noticed, T-Mobile CEO John Legere isn’t like most wireless industry executives. For one, he’s actually entertaining to listen to because he’s …
Samsung Galaxy S4: Jack of all trades, still master of just one
The king is dead, long live the king. The Galaxy S4 helped Samsung keep its impossible promise and unlike most products that see the kind of …
Would a switch to Android rescue Nokia? Sadly, probably not
With Nokia continuing to languish, investors have understandably become frustrated with CEO Stephen Elop. As we saw earlier this week, investors implored Elop to reconsider …
Fortune: When it comes to the Apple-Samsung patent war, WSJ misses the point
According to Fortune’s Apple 2.0 blog, The Wall Street Journal’s recent report suggesting that the smartphone patent wars have been a big bust for all …
T-Mobile’s Q1 earnings, revenue dip; 500,000 iPhones sold in under a month
T-Mobile US on Wednesday posted first-quarter financial results for the pre-merger T-Mobile USA, which saw earnings and revenue continue to slide. Adjusted EBITDA of $1.2 billion …
WSJ: The patent wars have been a major bust for all smartphone vendors
While just about everyone is sick and tired of the constant barrage of patent lawsuits among smartphone vendors, it seems that tech companies themselves keep …
Google might open retail stores specifically for Google Glass
Although we’ve long heard rumors about Google’s plans to open its own brick and mortar retail stores to showcase its Android and Chrome products, a new …
Nokia investors spout off at Elop, say he’s put company on ‘the road to hell’
It’s safe to say that Nokia CEO Stephen Elop did not enjoy his chat with investors on Tuesday. Reuters reports that shareholders at Nokia’s annual …
BlackBerry momentum may be slowing as Galaxy S4 sales soar
Samsung’s new Galaxy S4 flagship smartphone is now upon us, and early signs are pointing to a big launch. Canaccord Genuity analyst Mike Walkley doesn’t …
Anonymous threatens to take the U.S. ‘off the cyber map’
Anonymous was praised for its recent cyberattacks on North Korea, however the hacking collective has shown that it is a friend to no one. The …
Foxconn may be planning to pull a Samsung on Apple
See if this scenario sounds familiar: A longtime Apple manufacturing partner looks to move away from its dependence on the company and focus more on …
Statistical analysis finds Google shuts down 35% of its services
A statistical analysis of Google’s track record has found that more than one out of every three services Google launches ends up being shut down. …
What’s driving Apple anxiety: ‘There have been no gee-whiz products in the Cook era’
Given its history over the past decade, it’s easy to see why investors have come to expect Apple to turn the whole tech market on …
Apple hits a brick wall in emerging markets as carriers balk at iPhone terms
Apple may be developing a lower-cost iPhone to sell in emerging markets such as China, India and Brazil, but it’s increasingly having difficulty finding wireless …
Barclays: Apple ‘is about to change the narrative’ with new products
The past few months have been tumultuous for Apple, which has seen its shares sink in value and has provided little buzz for new products …
Google shares close at all-time high of $861.55
The irrational exuberance that surrounded Apple shares last fall has apparently shifted over to Google. Google shares closed trading on Monday at an all-time high of $861.55, …
Apple shares now up 12% from their low, yet we’re the only ones talking about it ahead of a monster WWDC
Apple’s outflow of capital over the last five months is staggering. It makes sense, however, when you think of how many shares are institutionally owned, …
Apple’s cash hoard: Focus turns to innovation
Apple’s cash hoard is legendary. It has more than $141 billion in cash and marketable securities, the largest of any technology company in the world. …
HTC revenue dives again in April, but One shows signs of life
HTC on Monday reported its revenue performance for the month of April, which continued the company’s downward trend as it struggles against rivals Samsung and …
Warner Bros. sued for copyright infringement by Keyboard Cat, Nyan Cat creators
Warner Brothers and its fellow content distributors have made a habit of suing others for alleged copyright infringement, but now it seems the tables are …
Just how polarized is the mobile industry? This chart says it all
The mobile industry has painted a familiar picture of the past 12 quarters: the rich get richer and the poor get poorer. Benedict Evans of …
The reason Facebook Home exists
Facebook Home has its fair share of critics. But while I personally can’t stand Facebook as a service, I am not one of them. Home …
Good enough for government work: BlackBerry 10, Samsung Knox get DoD blessing
BlackBerry 10 handsets and Samsung Android devices that carry the company’s Knox security software have been approved for use by the United States Department of …
HTC CEO given ‘One’ last chance
HTC’s profits plummeted 98% year-over-year in the first quarter of 2013 and chief executive Peter Chou’s future may depend on the success of the company’s new …
Second gas leak at Samsung factory leaves three hospitalized
Samsung has confirmed that highly poisonous hydrofluoric acid gas has leaked at its main chip plant in the city of Hwaseong, South Korea. The incident …
Netflix content chief says piracy drops whenever Netflix launches in new markets
Netflix’s chief content officer has a novel way to combat online piracy: give people easy and affordable ways to access content. In an interview with …
New twist in the Zynga tragedy
Soon after its IPO, Zynga’s share price spiked above $15 in early 2012. Very little has gone right since then. Just last month, Zynga issued …
