Business

According to a British court order HTC must stop selling its One Mini in the UK by this week. The court order comes after a judge ruled that HTC has indeed breached a patent held by Nokia. This could mean major trouble for HTC as it very recently launched the One Mini in the UK. But HTC did survive losing ... Read More »

A few days back OCZ, a solid-state storage manufacturer announced that they were filing for bankruptcy. Toshiba has come forth to buy the assets of OCZ for $35 million. OCZ has confirmed this news. According to the release, Toshiba will be acquiring “OCZ’s client and enterprise solid state drive business” and that the sale is expected to close “within approximately ... Read More »

Spain seems to be doing quite good that Standard & Poor decided to upgrade its rating from negative to stable. This is a major step that has removed the risk of Spain being downgraded to a junk state. This has also averted a major economic crises in the euro zone because Spain being the fourth-largest economy could stumble the already ... Read More »

The virtual currency Bitcoin is has touched the $1000 mark for the first time! This is the first time in history a currency unit that too an virtual currency is trading at such levels. Bitcoin’s value has been rising rapidly since a US Senate committee hearing earlier this month. Confidence grew after the committee described virtual currencies as a “legitimate ... Read More »

Bitcoin start-ups might just have got the much needed push to help them make some noise in the eCommerce market space. A Paypal investor is ready to fund and help with the growth of any Bitcoin-related start-ups. Plug and Play Tech Center, which has three locations in Silicon Valley and which was a seed investor in PayPal, has announced the ... Read More »

A Silicon Valley jury on Thursday added $290 million more to the damages Samsung Electronics owes Apple for copying vital iPhone and iPad features, bringing the total amount the South Korean technology titan is on the hook for to $930 million. The verdict covers 13 older Samsung devices that a previous jury found were among 26 Samsung products that infringed ... Read More »

Snapchat, a new smartphone app with $0 in revenue has turned down an offer from Facebook for $3 billion. Snapchat is fairly new, am sure none of you have ever heard about this so far. But why is Facebook so interested in this new app and $3 billion? Is Facebook really that crazy? Or the guys at Snapchat really that ... Read More »