Click to Skip Ad
Closing in...



billion

Nokia announces sale of its 1.5 billionth S40 handset

January 25th, 2012

Nokia announced on Wednesday that it has officially sold its 1.5 billionth S40-powered cell phone since the first S40 device — the Nokia 7110 — was released in 1999. A 21-year old Brazilian woman made the historic purchase in São Paulo, the company said, noting that the woman purchased a Nokia Asha 303 from a Magazine Luiza …

Facebook’s possible Q1 2012 IPO could be worth more than $100 billion

June 13th, 2011

According to CNBC, Facebook may go public during the first quarter of next year, and sources expect the company could be valued at more than $100 billion. Facebook could find an IPO more attractive once it surpasses a total of 500 investors, because after that milestone it will be required to file financial information with …

Deutsche Telekom confirms $6 billion prenuptial agreement with AT&T

May 13th, 2011

It’s more like a pre-prenuptial agreement, but you get the idea. T-Mobile’s parent company, Deutsche Telecom, has confirmed that it stands to receive a $6 billion settlement from AT&T should the companies’ proposed merger fall through. According to DT, a $3 billion cash payment would be made along with additional spectrum and a national roaming agreement. While the …

Android, iOS grab 34% of U.S. portable video game sales in 2010

April 15th, 2011

Analytics company Flurry has published an interesting study involving Android, iOS, and the U.S. video game market. Following up on a report from 2009, the company notes that the two mobile operating systems accounted for 8% of all U.S. video game sales in 2010 when calculated by revenue. What’s even more interesting is where both Android and …

Apple poaches Microsoft exec to run new data center

April 14th, 2011

Apple’s mysterious new billion-dollar data center in North Carolina has been a recurring topic of interest among tech sites for quite some time now. The massive facility is thought to be a hub that will power Apple’s next generation of cloud-based services, which may or may not include a subscription streaming music service tied to iTunes and …

Steve Ballmer cashes in 49 million Microsoft shares

November 6th, 2010

Microsoft has issued a statement describing Steve Ballmer’s plans to sell up to 75 million shares in order “to gain financial diversification and to assist in tax planning”. A sale this large is bound to ring alarm bells with shareholders, however Ballmer has cleared the air of any brewing conspiracy theories. “Even though this is …

Samsung reports Q3: $3.98 billion in profit on $35.8 billion revenue

October 30th, 2010

South Korean electronics powerhouse Samsung has announced its Q3 financials via a press release. The outfit raked in an impressive $35.8 billion in revenue and $3.98 billion in operating profits, and about 25% of that profit came by way of its thriving telecommunications business. Samsung chiefs were quick to credit their mobile communications wing, which shipped …

AdMob: 300,000,000,000 ads served

October 18th, 2010

What, you thought McDonald’s and Chuck Norris were the only two entities that could make claims of “billions and billions served”? Today, via a tweet, Google announced that its mobile advertising agency, AdMob, had eclipsed the 300 billion adverts-served mark; the company accomplished this in just under three years. We would like to extend our congratulations to …

Intel to buy McAfee in $7.7 billion deal

August 19th, 2010

Today, Intel announced that it would purchase antivirus maker McAfee for $7.68 billion in cash. The deal will see McAfee shareholders paid out at $48 per share, a 60% premium on the stocks current $30 price tag.  Intel CEO Paul Otellini had this to say: “In the past, energy-efficient performance and connectivity have defined computing …