Archive for the ‘Industry News’ Category

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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Intuit Acquires Payvment’s Team And Patents, Ecwid Gets Its 200,000 Merchants

Intuit Acquires Payvment’s Team And Patents, Ecwid Gets Its 200,000 Merchants

The Facebook e-commerce platform Payvment has undergone a huge makeover in the last two days. First, the news emerged that the company was shuttering its operations and handing over its 200,000 merchants to the rival, Ecwid. Now, it has transpired that Intuit has acquired the team, technology and patents of Payvment.

By On January 30, 2013 Respond
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How Newegg Defeated The Shopping Cart Patent Troll And Saved Online Retail

How Newegg Defeated The Shopping Cart Patent Troll And Saved Online Retail

Given the fact that we live in an era of expensive patent battles, it is no wonder that every once in a while a patent troll would come up with a seemingly critical patent to blackmail corporate giants into coughing out big money. Soverain Software followed the same strategy, except that a case against Newegg finally brought down doom on it.

By On January 28, 2013 Respond
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Intel Gets The Nod To Build $4 Billion Facility In Ireland To Create 14nm Chips

Intel Gets The Nod To Build $4 Billion Facility In Ireland To Create 14nm Chips

Intel has been seeking permissions to build a massive chip fabrication facility in Ireland, meant to manufacture 14 nanometer chips. Now, the Irish quasi-judicial agency An Bord Pleanála has given Intel a go-ahead signal for the project. The facility will take nearly two years to complete, providing 3,500 construction jobs along the way, apart from another 800 permanent jobs in the new plant.

By On January 26, 2013 Respond
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Nokia Sells 4.4 Million Lumia Devices During Q4 2012

Nokia Sells 4.4 Million Lumia Devices During Q4 2012

Nokia has been trying hard to push its Lumia lineup of smartphones into the limelight. Although the company has dished out a few excellent Lumia handsets in the later part of 2012, they are far from mainstream. In total, Nokia was able to sell 4.4 million Lumia devices during the fourth quarter of 2012.

By On January 25, 2013 Respond
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Google Seeks Permission To Test Out Experimental Wireless Network

Google Seeks Permission To Test Out Experimental Wireless Network

Google is trying to gain a license from the Federal Communications Commission which would allow the search giant to implement an ‘experimental radio service’ in its headquarters. The catch is that Google intends to use unusual frequencies in implementing this wireless network.

By On January 24, 2013 Respond
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Logitech Announces Disappointing Q3 Earnings, Plans To Sell Off Digital Video Security Divisions

Logitech Announces Disappointing Q3 Earnings, Plans To Sell Off Digital Video Security Divisions

Logitech has been known to be among the leaders in the PC-accessories arena for quite some time. However, the sharp decline of PC sales has adversely affected the company’s revenues. The Q3 earnings, now revealed by Logitech, go on to affirm this as the company decides to sell off the remote control and digital video security divisions.

By On January 24, 2013 Respond
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Forty Public Universities To Offer Free Online Courses With Credit

Forty Public Universities To Offer Free Online Courses With Credit

Open online education has seen projects like OpenCourseWare, edX, Coursera, and Udacity. Some of these projects are pretty vast in terms of content and offerings. But, a new initiative named MOOC2Degree (MOOC stands for massive open online course) seems to have surpassed all these projects in terms of educational institutes involved. Forty public universities have joined hands to offer free courses with credit through this initiative.

By On January 24, 2013 1 Response
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Boston Globe School Program To Use iPad Instead Of Paper

Boston Globe School Program To Use iPad Instead Of Paper

There are many newspapers who let readers donate the proceeds of their subscriptions to an education fund when they go on vacation. These funds are used to provide newspapers and digital subscriptions to local classrooms. This week, The Boston Globe has announced that it is modernizing the “Newspaper in Education” program and taking it to iPads and projectors.

By On January 24, 2013 Respond
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Cisco To Acquire SON Solution Provider Intucell For $475 Million

Cisco To Acquire SON Solution Provider Intucell For $475 Million

Cisco has decided to acquire all of Intucell’s business and operations for $475 million on cash and retention-based incentive. The deal will close by Cisco’s 2013 fiscal year.

By On January 24, 2013 Respond
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