Facebook’s Founder Loses $3 Billion in Two Days
Facebook has been struggling to stay afloat since its IPO event a few months ago. In the last three days, Zuckerberg has lost $3 billion from his own personal net worth, bringing ...
Sprint Loses Money, But Sells 1.5 Million iPhones
Sprint recently shut down its Nextel network, its Network Vision project, and withdrew its investment in Clearwire. Because of these massive changes, Sprint reported a loss of $1.37 billion (46 cents a ...
Samsung Shipped More Smartphones than Apple Last Quarter
Samsung’s total number of smartphones shipped last quarter was nearly double that of Apple’s shipped phones, quarterly reports and Juniper Research indicate. Samsung estimates they shipped some 52.1 million smartphones worldwide, while ...
iPod: Not Doing Too Hot, According to Report
The iPod has long been associated with the resurrection of Apple itself; however, it now seems to be fading out of popularity, a recent quarterly report indicates. Last quarter, 6 million iPods ...
Google Paid $12.4 Billion for Motorola – Patents Only Worth $5.5 Billion
Google paid quite the premium some months ago to acquire Motorola Mobility. Yesterday, Google filed a document with the SEC to outline the exact worth of Motorola Mobility and what the search ...
AT&T: We Don’t Mind Lower Smartphone Sales
AT&T’s smartphone sales fell nearly 8% last quarter, and the company appears never to have been in a better mood. In fact, the fall in smartphone sales improved their second-quarter profits significantly, ...
Apple Seeking $2.5 Billion Damages from Samsung
Apple has been pursuing Samsung for several patent infringements in the past few weeks, and now the iPad maker has upped the ante: they now demand that Samsung fork over some $2.5 ...
Samsung Galaxy Hits 10 Million Sold Ahead of Schedule
The chief executive of Samsung predicted at the beginning of the year that the Galaxy S3 would hit over 10 million units sold by the end of July. It appears, however, that ...
Over 100% Wireless Broadband Coverage in South Korea
South Korea is the first country to go over 100% wireless coverage, according to the Organization for Economic Cooperation and Development. Worldwide, the OECD shows that subscriptions to wireless Internet have been ...
Welcome Yahoo’s new CEO: Marissa Mayer, Google Exec
Marissa Mayer is a long-time Google executive, and now she’s been named leader of Yahoo’s struggling company. This move comes after the last CEO, Scott Thompson, was kicked out in May for ...
