Smile is a great way to express pleasure or joy at something or someone. But more often than not, it has to be forced and is fake. While that may work for a lot of people perfectly well, things are about to change. A new technology from MIT can now detect if your smile is true or fake, thus busting you right on spot for pulling that false grin.
Dell’s consumer products division is not doing well lately, because of competition from cheap entry-level products in emerging markets by other companies. The company’s earnings reduced by a factor of three. Its shares tumbled in extended trade. Its consumer unit is struggling to slow down the decline in sales. Overall, Dell is struggling. Now the company is planning to revamp its consumer unit with sales of new touchscreen laptops and tablets featuring Windows 8 OS.
The case between Oracle and Google has dragged on for a while. The court had to determine whether or not Google had used Java APIs in the Android software and that were such infringements covered under fair use. While the jury did agree to the former, it was unsure to the latter question. Now, though, the jury has come out with a decision and it is in favor of Google, ruling that Google didn’t infringe Oracle’s patents.
The hard drive industry has been shrinking rapidly. There have been acquisitions and mergers left, right and middle. One of the main reasons is that the a lot of storage is now going into the clouds, offered by alternate tech giants and the traditional hard drive big-wigs are having a hard trying to catch up. The latest in the list of acquisitions is Seagate’s intents of buying the hard drive vendor LaCie at $186 million.
In April, Google revealed details of its research in the Project Glass concept glasses and showed a demo video of a prototype. Google Glasses haven’t landed at your nearest eyeglasses shop yet but they have landed at the US Patent and Trade Office. They have been granted three different patents (1, 2, 3) for the design of different Google Glass headsets.
Facebook’s IPO has been fairing fairly good so far, staying well up of $30 though a lot lower than the $45 it touched within the first few hours. Nonetheless, Facebook’s CEO Mark Zuckerberg decided to liquidate a part of his stock of Facebook shares to pay off the taxes. As it turns out, the stock has paid him off really well.
In today’s world ingrained well in technology, it is no surprise that many of the most valuable brands are names from the tech world. The most valuable brand, the one that stands on top of the list, is Apple. Apple bagged the position last year too and has been able to sustain its position through a second year. IBM stands in second position while Google has slid to a third.
Mobile computing devices are increasingly replacing the regular PCs. While PCs still remain the mainstream mode of computing, the mobile platform has experienced an explosive growth in the recent years. And at the head of this growth is Apple, holding the largest market share in both the mobile PC and tablet market.
Apple’s success in the smartphone and tablet market has brought it an unprecedented success. iPad and iPhone are flying right of the shelves in millions and this has hugely increased the semiconductor consumption of Apple, making it the largest chip buyer in the whole world. Although Samsung comes second in the list, it is still far off in terms of buying volume, when compared to Apple.
Google has long been pursuing its ambition to acquire Motorola Mobility. Both companies agreed to the acquisition, raking in a whopping $12.5 billion. However, they needed clearance from regulatory authorities in Europe, America as well as China to go ahead with the deal. While American and European authorities had already cleared the deal, Google now has received the go-ahead from Chinese authorities too and has finalized the deal.
More and more companies are jumping the tech bandwagon to make their products look cool and more trendy by advertising some kind of tech aspect of in them. One would wonder what on Earth could the technology have to do with a beer, but then Guinness does know how to spin that of. It has launched a beer glass which has a QR code and this code becomes readable only when you add Guinness to the glass.
Yahoo has a huge stake in Alibaba but the company has been trying to shed the stake and pull out of the partnership. After a lot of negotiations and discussions, Yahoo is now finally selling 50% of its shares in Alibaba for a huge $7.1 billion. The sell-out will be a taxable transaction for which Yahoo will be getting $6.3 billion in cash and another $800 in Alibaba stock.
Apple’s patents often afford us glimpses to what the company is up to. They also occasionally tell us what we can expect Apple to include in its upcoming products. Now, Apple has patented a multi-touch camera focusing system which is quite unique. This system is to be used with multi-touch systems, so Apple may be considering it for the next iPhone or iPad.
The biggest story in the tech industry as well as in the financial industry over the last week was Facebook IPO. Facebook has finally gone on the trade floor on 18 May, 2012. Before its final debut in the stock market, Facebook has announced some big acquisitions, opened up an app store, entered in the security software selling business with major companies, revised its user policies and so on. But it was not only the company which was wrapping up everything. The CEO and co-founder Mark Zuckerberg was wrapping up his personal life too.
The Amazon Kindle Fire tablet is the best-selling Android tablets around, mainly due to its low entry price and deep integration with Amazon products and services. One of the complaints some people have with Amazon’s Kindle Fire device is that it’s only 7 inch long. Rumor says soon they will be able to put their arms around a bigger Kindle Fire. According to a report, Amazon is likely to launch a 10.1 inch Kindle Fire in the third quarter of 2012.
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