Nokia factory raided due to massive unpaid tax bill
A Nokia (NOK) factory in Chennai, India has reportedly been raided by authorities due to a massive unpaid tax bill. According to The Economic Times, tax …
News
AT&T’s ominous smartphone slow-down
This morning, AT&T (T) announced with pomp and circumstance that it sold 10 million new smartphones during the fourth quarter last year. It’s a new …
Google will offer free Wi-Fi in one New York City neighborhood
Google (GOOG) on Tuesday announced a partnership with New York City and the Chelsea Improvement Project to provide free Wi-Fi to the lower Manhattan neighborhood …
HTC actually had a pretty awesome December
HTC (2498) announced dismal fourth-quarter 2012 numbers on Monday and it resulted in a lot of gloomy coverage. Lowest quarterly profit in half a decade, …
Spending on consumer electronics will climb to $1.1 trillion in 2013
According to the Consumer Electronics Association, worldwide spending on consumer gadgets will reach $1.1 trillion in 2013. The CEA, which organizes the Consumer Electronics Show …
Samsung racks up record $8.3 billion Q4 profit as sales approach 500 handsets per minute
As other vendors struggle, Samsung (005930) continues to make selling Android smartphones look easy as it narrows the profit gap with chief rival Apple (AAPL). …
Mark Zuckerberg faces fine in Germany over Facebook privacy violations
Facebook (FB) founder and CEO Mark Zuckerberg could face a fine of $26,000 for not allowing German citizens to maintain anonymous identities on Facebook, The …
New ‘higher-end’ iPhone reportedly launching by June, low-end model could be coming as well
A new report adds weight to recent rumors suggesting Apple (AAPL) is preparing to launch one or more new iPhone models by mid-2013. In a …
HTC posts disastrous Q4 as profit hits 8-year low
The fourth quarter typically gives consumer electronics companies a big boost each year thanks to the holiday shopping rush, but stiff competition and weak marketing …
Smooth sailing is over for Apple
Apple (AAPL) is sailing into choppy waters that will put an end to the sky-high iPhone margins the company has enjoyed for more than half …
Amazon adds TV episodes from A&E Networks to its Prime Instant Video service
Amazon (AMZN) has spent the better part of 2012 beefing up its Prime Instant Video service. During the past year, the company brought the streaming …
Get ready to love touchscreens, soldier: Pentagon signs three-year Windows 8 licensing deal
Whether they’re ready or not, America’s fighting men and women are about to be powered by Windows 8. Business Insider reports that Microsoft (MSFT) has …
Google’s strategy for beating the antitrust rap: Spend $25 million on lobbying
Given that Federal Trade Commissioners were reportedly “convinced” that Google (GOOG) was illegally using its dominance in the search realm to favor its own services …
The cost of Google’s antitrust victory: Its Motorola patents are now worth even less than before
Google’s (GOOG) decision to buy Motorola really isn’t looking too hot right now. The Wall Street Journal reports that Motorola’s patent portfolio took a significant …
Hulu CEO Kilar to step down
Hulu CEO Jason Kilar announced plans to resign his post at the company some time in the first quarter of 2013 on Hulu’s official blog …
HTC CEO says his company’s smaller marketing budget is the top reason it’s getting killed by Samsung
HTC (2498) had a bad year in 2012. Despite releasing a number of high-end smartphones, the manufacturer posted reduced profits in each quarter last year. Samsung …
Waze said to have rejected Apple’s buyout offer
It isn’t often you hear about a small startup rejecting a buyout offer from the world’s most valuable company, but times may be changing. Earlier …
Google’s original Android mascot would have given children everywhere horrible nightmares
It’s a good thing that companies don’t normally let software engineers produce marketing materials. Exhibit A is Android engineer Dan Morrill, who posted pictures on …
Samsung, Nokia and others hit with fresh patent infringement lawsuit
InterDigital (IDCC) on Thursday filed a complaint with the U.S. International Trade Commission against Samsung (005930), Nokia (NOK), Huawei (002502), and ZTE (000063) for selling …
U.S. State Department knocks Google chairman’s planned North Korea trip
The United States State Department is not amused by Google (GOOG) chairman Eric Schmidt’s plan to travel to North Korea. Even though Schmidt plans to …
Two directors resign from Best Buy board
One of the more interesting companies to watch in 2013 is Best Buy (BBY), and the show started right from the get-go in 2013. As …
Corning will show off its third-generation Gorilla Glass at CES
It’s almost time for the Consumer Electronics Show, which means that it’s time for Corning (GLW) to announce a new generation of its super-tough Gorilla …
Apple’s Q1 iPhone sales may hit 50 million as iPad sales climb to 24 million
Shares of Apple (AAPL) are down more than 20% in the past three months from highs in the $700 range. Despite guiding for a record …
Microsoft’s huge R&D budget is useless if its best ideas are poorly executed or never released
PC World’s Matt Smith has a lengthy article highlighting all of Microsoft’s (MSFT) coolest research projects to show that, contrary to popular opinion, the company …
Google escapes antitrust suit as FTC ends its investigation into alleged ‘patent abuse’
Good news for Google (GOOG): It will at least avoid an antitrust lawsuit in the United States. The Federal Trade Commission on Thursday formally concluded its …
Microsoft called a failing giant that only survives by charging prices that ‘bleed customers dry’
If you want to read a truly pessimistic take on Microsoft’s (MSFT) current problems, look no further than Forbes‘ Roger Kay, who declares that Steve …
Amazon is gutting Barnes & Noble
Barnes & Noble (BKS) warned about the Christmas quarter a while back, so we knew things were heading south. Yet the numbers still have the …
Rumors of Apple’s potential Waze acquisition heat up – $750 million said to be the magic number
Following multiple reports from Wednesday that suggested Apple (AAPL) has an interest in acquiring social navigation service Waze, a new report suggests that negotiations between …
Samsung forced to reveal Galaxy sales data to Apple
Samsung (005930) was found to have infringed upon six of Apple’s patents this past August and ordered to pay the company $1.05 billion in damages. …
Patent trolls’ latest gambit: Sue businesses if they dare to use office scanners
We’ve seen a lot of ridiculous claims asserted by patent trolls over the past few years, but this one truly takes the cake: Ars Technica reports …
