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Archive for the ‘Industry News’ Category

Airbus Decides To Ditch Lithium-Ion Batteries In A350

Airbus Decides To Ditch Lithium-Ion Batteries In A350

Recently, the security risk posed by the use of lithium-ion batteries in Boeing 787 forced the aviation giant to ground these planes. Taking a lesson from this, Airbus is planning to use the regular nickel-cadmium batteries in its A350 plane, sources claim.

By On February 16, 2013 Respond
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Google May Pay Apple $1 Billion To Remain The Default Search Engine On iOS

Google May Pay Apple $1 Billion To Remain The Default Search Engine On iOS

Google and Apple are like a divorced couple who have been forced to continue to share the same house. Though we have seen them fighting each other at different times, they’re still reliant on each other. A recent news proves it well. Recently, investment firm Morgan Stanley has created a buzz by reporting that Google may pay Apple at least $1 billion next year to remain the default iOS search engine.

By On February 13, 2013 Respond
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Tim Cook Iterates Apple Is Not A Hardware Company

Tim Cook Iterates Apple Is Not A Hardware Company

Since its inception, Apple has primarily been a hardware company. It came up with the Mac, then subsequent computing machines, laptops and in a more recent age, music players, smartphones and tablets. However, Tim Cook reminds us, Apple is not just a hardware company, the software component is also becoming a critical part of it.

By On February 13, 2013 Respond
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iTunes Becomes Apple’s Fourth-Largest Business

iTunes Becomes Apple’s Fourth-Largest Business

Apple is primarily known for the overwhelming popularity of its Mac, iPhone and iPad line of products. However, while the smartphones and tablets mark the major portion of Apple’s earnings, one of the key revenue streams for it is the iTunes Store. According to an analyst, iTunes is now the fourth-largest revenue earning section for Apple.

By On February 13, 2013 Respond
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Tim Cook Didn’t Want To Sue Samsung Over Patent Issues

Tim Cook Didn’t Want To Sue Samsung Over Patent Issues

Apple and Samsung are currently embroiled in endless patent litigation. The duo has launched multiple patent lawsuits against each other, all around the globe. A report in Reuters now suggests that Apple’s current CEO, Tim Cook, had initially opposed a lawsuit against Samsung over patent issues.

By On February 11, 2013 1 Response
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Yelp’s CEO And COO Signed Up For $1 Salary

Yelp’s CEO And COO Signed Up For $1 Salary

We got another member in Silicon Valley’s $1 CEO club. The new member is Jeremy Stoppelman, CEO of business reviews site Yelp. Stoppelman has joined two other popular members of the club, namely Steve Jobs and Mark Zuckerberg.

By On February 9, 2013 Respond
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Boeing Working On Safer Boeing 787 Dreamliner Battery

Boeing Working On Safer Boeing 787 Dreamliner Battery

A number of Boeing 787 Dreamliners were recently grounded for a whole host of reasons. Among them are probably the concerns cited by different quarters regarding the safety of these planes. WSJ has now claimed that Boeing is currently working on the battery of 787 Dreamliners to render them safer.

By On February 8, 2013 Respond
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Apple Reveals 25 Billion Songs Sold On iTunes Store

Apple Reveals 25 Billion Songs Sold On iTunes Store

Apple’s iTunes Store is one of the largest content ecosystems in the digital world. Apple virtually disrupted the music industry when it started offering music through iTunes. The company has now revealed that the Store recently sold its 25 billionth song, surpassing yet another mighty milestone.

By On February 7, 2013 Respond
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Amazon Announces Its Own Virtual Currency Called ‘Amazon Coins’

Amazon Announces Its Own Virtual Currency Called ‘Amazon Coins’

A number of virtual currency systems are already in use around the globe. Amazon has joined that league by announcing its own virtual currency called ‘Amazon Coins.’ At the time of its launch, Amazon Coins will be available only to the U.S. customers and could be used by Kindle Fire users to pay for apps and in-app purchases.

By On February 6, 2013 Respond
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Confirming Speculations Dell Goes Private

Confirming Speculations Dell Goes Private

We recently reported that one of the leading computer manufacturing giants, Dell, was finalizing a deal to go private. The deal was being brought together by Dell’s CEO Michael Dell, an equity fund and Microsoft. The company has now sealed the deal, formally announcing it through a press release.

By On February 6, 2013 Respond
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Dell Finalizes Deal To Go Private, Announcement Expected On Monday

Dell Finalizes Deal To Go Private, Announcement Expected On Monday

Dell has apparently been striving to go private since quite some time now. The efforts have been lead by Dell’s founder and CEO, Michael Dell, who intends to buy a majority stake in the company and conclude its status as a public entity. Once the deal is sealed, Dell will become a private company.

By On February 4, 2013 Respond
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Netflix CEO Snubbed By SEC For Posting Company Milestones On Facebook

Netflix CEO Snubbed By SEC For Posting Company Milestones On Facebook

Ever so often, some incident or the other reminds us how regulatory authorities are in a dire need to update themselves in light of the changing trends. A case in point: Netflix CEO recently posted his company’s milestones on Facebook. The Securities and Exchange Commission thinks that is inappropriate and has sent him a Wells Notice.

By On February 4, 2013 Respond
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Google Shares Reach A Record High Of $775.60

Google Shares Reach A Record High Of $775.60

Google(GOOG) may not be the most valuable tech company, a crown that Apple continues to own over the years. Still, the search giant has amassed huge growth and market value ever since its inception. On Friday, Google’s shares spiked by a value of 2.63%, reaching a record high of $775.60, the highest ever in the company’s history.

By On February 3, 2013 Respond
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CES Bars CNET From Producing ‘Best Of CES’ Awards

CES Bars CNET From Producing ‘Best Of CES’ Awards

A few days ago, CNET nominated Dish Hopper DVR for the ‘Best in Show’ award at the 2013 CES convention. However, CNET’s corporate boss, CBS discarded the nomination because it is embroiled in an ongoing litigation against Dish Hopper. In other words, CBS forcefully censored CNET. As a result, CNET has been deprived of the honor of holding ‘Best of CES’ awards.

By On February 3, 2013 2 Responses
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Google Settles With French Newspapers, Agrees To Create $82M Fund

Google Settles With French Newspapers, Agrees To Create $82M Fund

Google has been embroiled in a legal tussle with a number of French newspapers over the fact that the search giant made use of brief snippets of news from their websites. These snippets were presented in the ‘Google News’ section. After a rather long episode of litigation between Google and French newspapers, Google has finally agreed to settle the dispute.

By On February 2, 2013 Respond
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