IBM to selloff its unprofitable chip-manufacturing unit for $1.5 billion
IBM has said it it will be making a “major business announcement” on Monday morning, indicating that the computer giant has finally finalized a...
Apple’s new 5K display LED-backlit Retina iMac is the world’s highest-resolution display
Apple unveiled its new 27 inch 5K display LED-backlit retina iMac at the October 16 Apple Keynote event.
The company’s new computer comes packed with...
EE sale possible, as owners Orange and Deutsche Telekom hold talks
EE Ltd., a British mobile network operator and internet service provider jointly owned by Orange SA and Deutsche Telekom AG, may be sold off...
Yahoo announces new Flickr app for iPad
Yahoo recently announced, at 11:40pm on Friday, that the company has released an official Flickr app for the Apple iPad tablet.
This new app being...
HBO to offer standalone online streaming service in 2015
HBO announced that it is to offer an online-only streaming video service in 2015, competing head-on with Netflix. Richard Plepler, HBO’s chairman and CEO,...
Netflix shares plummet by 22 percent
Netflix shares plummeted by 22 percent in after-hours trading. The online media giant added a million new members in the US, ending Q3 with a...
Intel Corp reports impressive third quarter net income of $3.32 billion
Intel Corp reported third-quarter net income of $3.32 billion, up from $2.95 billion, or 58 cents a share, in the same quarter a year...
Amazon is Google’s biggest rival, says Eric Schmidt
According to Eric Schmidt, Google chairman, the biggest rival to Google is the e-commerce giant Amazon.
Mr Schmidt denied that Google had an unrivaled presence...
Salesforce unveils Wave, its cloud-based information analytics system
Salesforce.com Inc. will be entering the data analytics and business intelligence business, with the announcement of Wave, its new cloud-based information analytics system.
Business intelligence...
US Teens like Instagram now, not Facebook
American teenagers today prefer Instagram and Twitter rather than Facebook, showing they have become visual and sound bite communicators, says a new survey carried...