Thfire.com Everyday news that matters Looks like investors believe that Steve Jobs is the iron hand that holds the Apple together and without him Apple would really hit the floor. Apple Inc. shares fell 4.4% in early trading Tuesday, erasing about $15 billion in market value, after the consumer-electronics company disclosed that company visionary Chief Executive Steve Jobs would take another medical leave. Few CEOs ... Read More »
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Verizon to End the Unlimited Data Party
It’s the beginning of the end for unlimited data plans on smartphones. Verizon Wireless, the largest U.S. mobile carrier, plans to stop selling unlimited data plans to new customers and instead introduce two service plans with monthly data caps. The new data plans are expected roll out over the next four to six months, according to a report in The ... Read More »
Irish economy shrinks by 1.2%
It has come as a surprise to many. The Irish economy has actually shrunk by 1.2% while everyone was expecting it grow. The Irish Republic’s economy shrank in the second quarter from the previous three months. Gross domestic product (GDP) fell 1.2%, the Central Statistics Office said. It also revised down its measure of growth in the first quarter to ... Read More »