HP braces for record $9 billion quarterly loss
Hewlett-Packard (HPQ) announced on Wednesday that it will report its biggest-ever quarterly loss for the third quarter of fiscal 2012. Amid a number of organizational …
News
Budget operators keep shocking Wall Street
It was another quarter of shocks and surprises for small budget wireless operators offering cheap mobile plans. AT&T (T) and Verizon Wireless (VZ) chugged along …
132-page internal document shows how Samsung set out to copy the iPhone pixel by pixel
An internal memo from February 2010 emerged in the Apple (AAPL) vs. Samsung (005930) trial on Monday that was fairly damaging to Samsung’s case. In …
BlackBerry 10 predicted to flop, could result in Samsung acquiring RIM
Jefferies & Company analyst Peter Misek thinks BlackBerry 10 will be a significant improvement over previous versions of the operating system, but that it’s not good …
Verizon has five secret data plans you can only get if you know about them
Verizon Wireless (VZ) killed its previous data plan offerings in late June and replaced them with a series of “Share Everything” plans, which give smartphone …
Facebook gambles on real-money gambling apps to increase revenue
Desperate to impress Wall Street, Facebook (FB) now allows users 18 and older in the United Kingdom to play games for real money, TechCrunch reported …
Analyst projects iPhone 5 sales could reach 250 million units
If each new generation of Apple’s (AAPL) iPhone sells roughly the same number of devices as all the previous generations combined, then what does that …
AT&T workers go on strike in three states [updated]
AT&T (T) on Tuesday said that workers in California, Nevada and Connecticut have all started strike actions to protest lack of progress in contract talks, …
Judge orders Google, Oracle to disclose if either company paid off bloggers
Judge William Alsup of the U.S. District Court in San Francisco on Tuesday issued a brief order demanding Google (GOOG) and Oracle (ORCL) disclose whether …
Kim Dotcom alleges police punched and kicked him during Megaupload raid
Megaupload founder Kim Dotcom testified in a New Zealand court on Tuesday that police had punched him in the face and kicked him while he …
Sprint CEO has no regrets about making $15 billion bet on iPhone
Sure, no CEO wants to commit more than $15 billion to one manufacturer. But as Sprint (S) CEO Dan Hesse says, his company didn’t have …
More than $1 billion shed from HTC’s market cap in two days
HTC’s (2498) struggles did not relent in the second quarter as the company’s profit tumbled 58% compared to the same quarter last year. To make …
Samsung accused of child labor abuse at Chinese factory
Samsung (005930) has once again been accused of copying Apple (AAPL), however this time the South Korean manufacturer didn’t knock off the company’s designs. Activist …
Apple pulls Genius ads from the Olympics, claims criticism had nothing to do with it
Apple’s (AAPL) much debated “Genius” advertisements have been pulled from the Olympics. A spokesperson for TBWA/Media/Arts Lab, the ad agency that represents Apple, confirmed to …
Samsung: The iPhone is like ‘heaven’ and we’re stuck on Earth
For those who haven’t been following the news from San Jose, California, Apple (AAPL) and Samsung (005930) are suing each other. Again. We’ve seen a number of daggers …
Chrome expands lead over Internet Explorer, captures more than 33% of the browser market
Microsoft (MSFT) can complain all it wants about StatCounter’s methodology, but the firm has once again shown Google (GOOG) Chrome besting Internet Explorer as the world’s …
Digital piracy cannot be stopped
From the early days of IRC to the creation of The Pirate Bay, online piracy has grown from a minor annoyance perpetrated by an underground community to …
Apple co-founder Steve Wozniak predicts ‘horrible problems’ with cloud computing
During an on-stage discussion with Apple (AAPL) critic Mike Daisey, the Cupertino-based company’s co-founder Steve Wozniak expressed major concerns about the future of computing and …
Apple swallowed 77% of the mobile industry’s profits in Q2
A new study from Raymond James analyst Tavis McCourt shows that Apple (AAPL) is absolutely crushing its rivals where it matters most: the bottom line. According …
HTC July sales tumble 45% as One series sputters
HTC (2498) on Monday announced that revenue for the month of July fell by 45% year-over-year as sales of its new One series smartphones continued …
Samsung’s new ‘cash-for-clunkers’ trade-in program offers up to $300 for old smartphones
Samsung (005930) wants consumers to buy its Galaxy S III so badly that it’s willing to pay them for their old smartphones. Any new customers …
Popular torrent site ‘Demonoid’ shut down as gift to U.S. government
Following a massive denial-of-service attack on July 24th that left millions of would-be pirates in the dark, the Ukrainian government has shuttered popular file-sharing website …
Maybe Samsung did copy Apple’s icons
As the second week of litigation between Apple (AAPL) and Samsung (005930) kicked off on Monday, the Cupertino-based company presented a new set of evidence …
Sprint: RIM won’t ever be as good as it once was
Sprint (S) spokesman David Owens today said that while the company is “excited” to see RIM’s (RIMM) BlackBerry 10 operating system, he’s not sure where BlackBerry …
Microsoft’s patent pressure pays off: $800M in fees from Samsung, HTC dwarf Q2 Windows Phone sales
Microsoft’s (MSFT) Windows Phone platform continues to struggle but its income from the smartphone industry is booming. How is this possible? Simple: patent royalties. Microsoft …
AT&T confirms shared data plans launch on August 23rd
AT&T (T) announced last month that its new shared data plans would become available in late August, and now the carrier has set the launch …
Carriers blame the iPhone for data caps and increased upgrade fees
“Bruised” mobile carriers such as AT&T (T) and Verizon (VZ) are “fighting back” against Apple’s (AAPL) iPhone, despite the fact that the device has helped them …
Best Buy founder makes $8.5 billion bid to take company private
Best Buy (BBY) founder and the company’s largest shareholder Richard Schulze has offered as much as $8.5 billion to take the company private, Bloomberg reported …
HTC says struggles will continue in Q3; forecasts 23% drop in sales, thinning margins
Struggling smartphone vendor HTC (2498) said on Friday that its business will continue to decline in the third quarter this year. The company last month …
Apple: Each new iPhone sells as many units as all previous iPhones combined
Apple (AAPL) investors, start your engines. The latest juicy morsel to emerge from the soap opera that is San Jose, California’s Apple vs. Samsung (005930) trial …
