Business

Another disappointment for Samsung. A U.S judge refused to lift the ban of sales of Galaxy Tab 10.1 in the U.S. The ban was imposed after a public spat with Apple, who won the case and was also able to win a court order against the sales of Samsung Galaxy Tabs in the U.S. U.S. District Judge Lucy Koh in ... Read More »

BlackBerry maker Research in Motion has announced its plans to delay the launch of its new mobiles and also jobs cuts which it termed as critical for the company’s survival. RIM has been pushed around ever since Apple entered the mobile phone market, RIM has been losing customer to Apple, Samsung, Sony etc., who are performing well in the mobile ... Read More »

Microsoft will be taking over Yammer, the social network for companies, for $1.2 billion. Is Yammer really worth $1.2 billion? Microsoft doesn’t seems to care if Yammer is worth the buck but wants to jump into the social networking bandwagon as soon as possible and with Yammer in it’s pockets it will really help jump start the process. Yammer specializes ... Read More »

Each year, 24/7 Wall St. identifies 10 important American brands that we predict are going to disappear within a year. This year’s list reflects the brutally competitive nature of certain industries and the reason why companies cannot afford to fall behind in efficiency, innovation or financing. American Airlines will disappear in 2013 because of its inefficiency. It was the premier ... Read More »

Oracle CEO Larry Ellison has agreed to buy 98 percent of the Hawaiian island of Lanai. We guess buying up-coming tech companies is not really satisfying Larry Ellison’s greed these days. This information has been confirmed by the Governor of Lanai. “It is my understanding that Mr. Ellison has had a long standing interest in Lanai,” Governor Neil Abercrombie said ... Read More »

Nokia has announced it’s plans cut almost 20% of it’s work force and close research centers and a factory. Research centers and factory will be closed in Germany, Canada and Finland. It has also announced the departures of three senior executives. This desperate and sudden move by Nokia came after it continually lost it’s mobile market share to competitors and ... Read More »

Android smartphones are in for a slowdown in U.S. as its numbers are declining. The latest report by research firm comScore regarding the mobile market share have some disturbing news for Google, the number of new users who purchased an Android smartphone has been steadily declining every month of the first four months of 2012. While Android is having trouble, ... Read More »