Skype Founders to Challenge iTunes and Spotify with Rdio
Tag: Skype Rdio
Only earlier this week I was reporting that Sky was to launch its own music service to do battle with the likes of iTunes and Spotify, and this morning I had a strange sense of Déjà vu. It seems now seems the founders of Skype have entered the fray to challenge iTunes and Spotify (who would have guessed). Read more
Google Editions: Electronic Bookstore
Tag: Google Editions
According to TGDaily, Google has announced that it will be launching its own online electronic bookstore called Google Editions. Reports are that Google Editions will offer between 400,000 and 600,000 e-books from a variety of publishers, the e-books will be able to be read on any device such as smart phones, netbooks, laptops and PC’s via the web browser. Read more
Palm and O2 CEO’s talk Pre
Tag: Palm Pre
In an interview posted on the BBC News website, Matthew Key, head of 02 across Europe and Jon Rubinstein, Palm’s CEO talked about the exclusive contract 02 has sealed for the Palm Pre. Read more
Microsoft opening retail stores to battle Apple
Tag: Microsoft Store
You may remember earlier this year when Microsoft vowed that they would take the Apple/Microsoft battle to the streets by opening Microsoft retail stores wherever Apple has a store. Read more
General Motors: 60-Day buy back scheme a success
Tag: general motors
In September, General Motors introduced a 60 day buy-back scheme on its new motors. The scheme which was introduced to improve viewings and sales allows for customers to purchase a new car from General Motors and for up to 60 days after purchase you are able to return it back to the dealer and have it purchased back at full price. Read more
Xerox and Affiliated Computer Services $6.4 Billion Deal
Tag: Xerox
Xerox has announced that they are to purchase ACS Affiliated Computer Services (ACS), in a deal worth $6.4 Billion. Xerox hopes that this deal will allow them to expand beyond its current business plan, which is document management. Read more
What is Twitter’s Value? $1 Billion
Tag: Twitter
Twitter is in the process of closing a round of funding, which has put the value of the social network site at $1 billion. The Post Chronicle said that this was the latest reports on events, thanks to Tech Crunch. This certainly shows that social networking is big business. Read more
Ross’s Perot Systems: Dell buy for $3.9 billion
Tag: dell
Dell is looking for a number of ways to get its top position back in the home PC market, and purchasing Ross’s Perot Systems for $3.9 billion is seen as a step in the right direction. Dell was on top but was overtaken by Hewlett-Packard Co. Read more
Sun Microsystems Inc: $100 Million per Month Loss
Tag: sun microsystems
We would have thought that as we are now fighting hard to climb out of this recession, companies would not be losing as much money as they were at the beginning of the year. Sun Microsystems Inc must be doing something wrong, as the hardware maker is losing $100 million per month. Read more
Cash for Clunkers: Toys ‘R’ Us offers crib version
Tag: Cash for Clunkers
Before you ask, no your not reading the article title wrong, over at the On Deadline site they are reporting that Toys “R” Us have started their own Cash for Clunkers scheme in which you can trade in your old baby products for a discount on a new product. Read more
Apple’s App Store Monthly Sales: $200m a month, rumour
Tag: Apple App store
Well we all knew Apple are good at making money, but just short of $200 million a month just from the app store? Well according to Apple Insider that is just what Apple is doing. According to the figures posted on Apple Insider’s website, Apple is generating an estimated annual revenue of $2.4 billion purely from the App Store. Read more
Nissan Leaf and Cash-for-Clunkers: Changing Car Market
Tag: Cash for Clunkers
After the massive success of the “Cash for Clunkers” scheme last week, big question marks have popped up above the car market. It seems that more people than ever in the US are going for smaller and more economic cars. The Financial Times website has reported that Ford were the main benefactors of the “Cash for Clunkers” scheme with their small Ford Focus saloon being the most purchased car and Ford’s flagship SUV the Ford Explorer being the most traded in vehicle. Read more
Netflix Q2 Profit Increases by 22 percent
Tag: Netflix
Netflix saw a 22 percent profit in its Q2 earnings; this was thanks to an increase in subscriber growth along with higher margins. Shares took a dive after-hours, a knock on affect from the company’s future growth as well as its operating margins. Read more
Amazon Acquires Zappos for almost $900 million
Tag: amazon
If you live outside the United States, then chances are you have not heard of Zappos.com. However that could be about to change since Amazon have decided to acquire the Las Vegas company for almost $900 million, but the exact figure has yet to be confirmed. Read more
LG Electronics Posts Record-high Quarterly Net Profit
Tag: lg
LG Electronics Inc., (SEO:066570) has posted a record-high quarterly net profit, this is thanks to healthy sales of flat-screen TVs and cell phones. LG’s bottom line has also seen a boost; this is thanks to huge foreign exchange gains as the price of the dollar has dropped over the past few months. Read more
Intel Results Surprise Wall Street
Tag: Intel
Intel have seen some strong results as PC sales are up, this has come as a huge surprise to Wall Street. However, Paul McWilliams, a tech sector specialist has been saying for a while now that Intel would exceed expectations and these strong results proves just that. Read more
Oracle get OK to buy Sun Microsystems
Tag: sun microsystems
Shareholders of Sun Microsystems Inc. have now given the ok for the company to sell to Oracle Corp., the software giant. The sale is still not a foregone conclusion, as Oracle will now have to wait for the U.S. Department of Justice to take a close look at the deal for it to go ahead. Read more
Ericsson’s new President and CEO
Tag: Ericsson
Recently Ericsson announced that they had appointed a new President and CEO, the new President and CEO of Ericsson is called Hans Vestberg and he will start his new role as of Jauary 1st 2010. Hans is currently Ericsson’s CFO and Executive Vice President. Read more
Steve Jobs’s return to Apple, investors and market trading
Tag: steve jobs
The return of Steve Jobs should have had a huge effect on Apple stocks, but it seems that investors had different ideas. When Jobs left on medical leave on January 14, Apple’s stock has risen 67 percent, when he returned yesterday, its stock fell 47 cents to $141.97. Read more
Acer vs Dell: PC sales chart
Tag: Acer
Acer’s ever growing dominance has apparently now moved them to second place in the worlds PC Sales Chart. This is the first time a non- US company has ever made it this high. This puts Dell under a lot of pressure and may be the reason that Dell seem to have adopted some of the same strategies that Acer have been thriving off.
Acer who are based in Taiwan have concentrated on supplying PCs, laptops and netbooks with a low retail price, moderate performance and sleek design, that said Acer do offer a wide range of high performance machines too, however this doesn’t seem to be what they have relied on to see this growth.
One of the major attributes to this recent growth is with the Acer Aspire One which is currently the best selling Netbook on the market, Acer now seem to be experimenting with expanding their hardware expertise to the smartphone market, this may be a way off yet but shows how they quickly adapt to the market. Check out the full artice on Engadget.