Business

Hostess has filed for bankruptcy and the last day of shipping its iconic snack Twinkies has left people scrambling to get a last bite of Twinkies. eBay sellers started selling for as high as 95% than the actual store price. In one Food Emporium grocery store in New York City, Twinkies were sold out by 1:30 p.m. ET. In its ... Read More »

Android now accounts for 72.4% of all smartphones. Which means that almost 3 out of 4 smartphones are now Android. Thats a pretty impressive number Android! So, what happened to iOS? Well, Since Samsung Galaxy SIII(Android-based) out-sold iPhone and hundreds of Android devices being released iOS simply got pushed over to the corner. As a matter of fact if Samsung ... Read More »

Steven Sinofsky has been with Microsoft for 23-years, he played a primary role in the launch of Windows 8, he was also the reason for the birth of Windows Surface. He was expected to be the next CEO of Microsoft, but then suddenly it all ended, he quit! Steven Sinofsky was the head of Windows Unit, he was the centre ... Read More »

Research In Motion (RIM) the makers of BlackBerry have announced that BlackBerry 10 will be officially launched on January 10, 2013. After a long wait, and tons of speculations, they have finally come out with positive news. RIM has been losing it’s market to share to smartphones based on Android and iOS. BlackBerry 10 is supposed to be their saviour. ... Read More »

The United States of America is set to become the Top Oil Producer in the world by overtaking Saudi Arabia and Russia by 2017. This is according to a latest report by International Energy Agency (IEA). IEA has come to this conclusion as U.S. will start tapping into it’s own oil reserves as   it braces towards self-sufficiency. The forecasts ... Read More »

Foxconn, the Taiwanese manufacturer of Apple iPhone and electronic component supplier might just be planning to open plants in US Soil. They are eying potential locations in Detroit or LA. Yes, you are reading this correctly, a Taiwanese electronics manufacturer wants to start a plant in US, while everyone else is running to China. All this while employees of Foxconn ... Read More »

Apple the corporate giant has paid less than 2% corporation tax on it’s profits outside the US, its filing with the US regulators has shown. Apple paid $713m (£445m) in the year to 29 September on foreign pre-tax profits of $36.8bn (£23.0bn), a rate of 1.9%. It is the latest company to be identified as paying low rates of overseas ... Read More »