WEB/BUSINESS

May 11th, 2012, 11:38 AM

Fueled by Kepler, NVidia Reports Strong Growth in Quarter

Though NVidia remains dogged by manufacturing supply problems, the company reported better than expected growth on Friday sending its shares up 9 percent in morning trading. First-quarter revenue fell to $924.9 from $962 million year-over-year because of a slower than expected economic recovery, but was better than Wall Street’s expectations of $916 million. While the [...]

May 10th, 2012, 5:04 PM

Globalfoundries Proves to be Money Losing Investment for New Owner

For Mubadala, the investment vehicle and sovereign wealth fund of the Abu Dhabi government, Globalfoundries is proving to be a precarious investment. Mubadala’s Advanced Technology Investment Company (ATIC) acquired Globalfoundries last year from AMD. Globalfoundries’ former owner spun off its last remaining stake in the company in March in exchange for the right to have [...]

May 10th, 2012, 12:35 PM

Is Microsoft Locking Out Other Browsers From Windows RT?

Microsoft may be locking out other browsers from Windows RT (Windows on ARM) by withholding crucial APIs from developers, according to accusations from the Mozilla Foundation. According to reports and reliable rumor sources, Windows RT will offer a touchscreen centric tiled ‘Metro’ UI that only runs apps purchased from Microsoft’s iTunes style app store, in [...]

May 9th, 2012, 3:10 PM

In its Patent War With ProView, Apple Emerges Victorious on American Front

A California judge has dismissed Proview’s lawsuit against Apple over the “iPad” name it claims it owns. Judge Mark Pierce, who presided over the case, dismissed the case late last week, agreeing with an argument presented by Apple’s lawyers that the two parties had agreed in contract to settle any disputes in Hong Kong, according [...]

May 8th, 2012, 7:01 PM

Apple, Samsung Reduce Claims in Smartphone-Tablet I.P Case

The two companies that make up 99% of the smartphone market have agreed to a Judge’s order to lay down some of their arms and reduce the amount of patents being disputed in their current intellectual property lawsuit regarding smartphone and tablet products. Late Monday,  in a filing with the U.S. District Court for the [...]

May 4th, 2012, 12:56 PM

Web Video Pioneer Revision 3 Purchased By Cable Giant

Revision 3, the company that once championed it was the evolution of video programming as the first ‘post-cable’ television network, has been bought by cable giant Discovery Communications. Although the exact terms of the deal were not disclosed, AllThingsDigital reported that Discovery Communications paid approximately $30 million for the web video producer. “Discovery’s mission to [...]

May 2nd, 2012, 1:14 PM

MegaUpload Saga Nears Conclusion: ‘Dotcom’ Wins Back Some Assets

As the case against Kim “Kim Dotcom” Schmitz collapses, the former cyberlocker tycoon has won back some of his assets in court that were seized in a January raid. Mr. Schmitz will have nearly $1 million in cash and cars returned to him that had been confiscated after he was arrested, including his Mercedes-Benz G55AMG [...]

May 1st, 2012, 1:28 AM

Foxconn CEO in Hot Water Over ‘Sweatshop’ Comment

As a man who has been widely accused of being a sweatshop proprietor, one would expect Terry Gou, CEO of Foxconn Electronics’ parent company Hon Hai Group, to be careful with his words. A recent appearance by Mr. Gou on Taiwanese T.V, however, has the electronics executive looking to recant what his company calls a [...]

April 27th, 2012, 1:24 PM

Microsoft Canada President to Step Down

Microsoft Canada is undergoing a change in leadership. The Canadian arm of the world’s largest software company announced Friday afternoon that current president Eric Gales will be stepping down at the end of the month. Mr. Gales has been in the position for nearly three years, and is stepping down to “pursue other interests”. Taking [...]

April 27th, 2012, 11:20 AM

EA Said to be in Take Over Discussions

Bloomberg and CNN Money are reporting that South Korean, though Tokyo headquartered, game company Nexon has made a bid to take over Electronic Arts. Maeil Business, a major South Korean business publication, first reported the possible takeover earlier this week, citing unidentified industry officials. “Nexon has a policy of never commenting on rumors,” the company [...]