WEB/BUSINESS

July 31st, 2012, 11:02 AM

Microsoft Launches Gmail Killer, Outlook.com

Microsoft today began previewing Outlook.com, a new webmail service that will eventually replace its venerable Hotmail property. “We think the time is right to reimagine email,” Microsoft’s Chris Jones wrote in a blog post. “So today, we’re introducing a preview of Outlook.com. We realized that we needed to take a bold step, break from the [...]

July 30th, 2012, 6:22 PM

Apple v. Samsung Case Begins With Procedurals

The much anticipated Samsung v. Apple trial began today with a whimper: the procerdurals of jury selection and court housekeeping about allowed testimony. This trial — with billions of dollars riding on the line — seeks to answer the question of whether Apple has willfully infringed on Samsung’s patents by not licensing them, or if [...]

July 27th, 2012, 4:08 PM

Report: Seagate-OCZ Acquisition to Finalize by July 30 Earnings Call

Bright Side of News is reporting that the rumoured Seagate-OCZ deal will finalize on July 30, in time for Seagate’s earnings call. Theo Valich, BSN*’s editor-in-chief, reports that the “deal is done”, citing sources close to the matter. BSN* says this deal could reach the $1 billion mark, if it clears through the leviathan of [...]

July 25th, 2012, 3:36 PM

ARM Outperforms Rivals, Beats Industry Forecasts

ARM is proving to be the exception to the rule in the summer of silicon discontent, as its second-quarter earnings released on Tuesday show it is outperforming the semiconductor industry as a whole. ARM’s chips power virtually the entire smart phone and tablet industry, with Apple’s iPhone and iPad using the processors, along with Samsung’s [...]

July 24th, 2012, 1:15 PM

Two Executives Depart AMD for Rivals

AMD has lost two high ranking executives to rivals: Bob Feldstein, who oversaw the company’s relationship with console manufactures departed for NVIDIA, while AMD’s man in the Asia Pacific, Ben Williams, has left for Calxeda. Mr. Feldstein, who came to AMD when the company acquired ATI, has taken up the position of vice president of [...]

July 20th, 2012, 11:33 AM

Microsoft Reports First Quarterly Loss

For the first time in its history as a public company, Microsoft has posted a quarterly loss. Microsoft posted a net loss of $492 million, or a loss of $0.06 per share, this quarter compared to the net income of $5.87 billion it had in the same quarter of last year. The company’s loss mostly [...]

July 19th, 2012, 3:37 PM

In a Sluggish Quarter, AMD Manages to Post a Profit

As the summer of silicon discontent drags on with weak earnings across the board for silicon companies, AMD has managed to remain profitable. While revenues continued to slip, AMD managed to bring in $37 million in profit on revenues, which dipped 11 percent from the last quarter, of $1.41 billion. Last year during this reporting [...]

July 19th, 2012, 11:19 AM

Apple Appealing Court Ordered Samsung Apology Ad

Apple says it will appeal an order from a U.K court that it must publish an ‘apology’ ad to Samsung on its website and major publications stating that Samsung did not copy Apple’s design with its Galaxy series of tablets. According to Bloomberg, Judge Colin Birss of the U.K’s High Court ordered Apple to post [...]

July 17th, 2012, 7:03 PM

Intel Has Challenging Quarter

Intel had a challenging quarter of changing consumer preferences and weak consumer demand, as its earnings report released on Tuesday showed. Intel had forecasted revenue of US$14.3-billion, with a margin of error of $500-million, for this quarter but it only came in at $13.5-billion — higher than the $13.03-billion reported a year ago at this [...]

July 16th, 2012, 12:04 PM

Lenovo on Track to Becoming World’s Largest PC Maker

The PC market is due for a reordering, according to one influential analyst quoted in Reuters. Frederick Wong, executive director of Hong Kong’s Avant Capital Management, believes that Lenovo will overtake Hewlett Packard this year as the world’s largest PC maker by sales. “It’s just a matter of time before Lenovo becomes No. 1 and [...]