Monday, August 20, 2012

Apple sets record for company value at $624B

Apple sets record for company value at $624B

Apple sets record for company value at $624B

Posted: 20 Aug 2012 03:47 PM PDT

FILE-In this Friday, March 16, 2012, photo, Apple employees welcome hundreds of customers in front of the Apple store at a shopping mall in Oberhausen, western Germany, as the new iPad goes on sale at the Apple store. On Monday, Aug. 20, 2012, Apple set a new record for the most valuable company at $621 billion, beating Microsoft's 1999 high. (AP Photo/Martin Meissner, File)Apple is Wall Street's all-time MVP —that's Most Valuable Property.

Epic patent trial over iPhone technology wraps up

Posted: 20 Aug 2012 02:43 PM PDT

After three weeks of listening to technology experts, patent professionals and company executives debate the complicated legal claims of Apple Corp. and Samsung Electronics Co., a jury of nine men and women are set to decide one of the biggest technology disputes in history.

Facebook stock rebounds after dropping below $19

Posted: 20 Aug 2012 01:24 PM PDT

FILE- In this Monday May 21, 2012, file photo, television correspondent Sabrina Quagliozzi reports from inside the Nasdaq MarketSite in New York's Times Square. Facebook's beleaguered stock has lost more than half of its value since its initial public offering three months ago. Facebook Inc.'s stock slid 7 cents to $18.98 in morning trading Monday, Aug. 20, 2012. (AP Photo/Richard Drew)Facebook's beleaguered stock got an afternoon boost after hitting its lowest level ever earlier in the day.

62-year-old’s swim from Cuba to Florida being live tweeted

Posted: 20 Aug 2012 01:43 PM PDT

What are your plans for today? Chances are good that they don't include attempting to swim solo from Cuba to Florida. That's just what 62-year-old Diana Nyad is doing right now, however, and you can follow her adventure at sea … Continue reading →

Scientists working on a nasal spray for treating depression and suicide

Posted: 20 Aug 2012 01:39 PM PDT

The U.S. Army gave $3 million to the University of Indiana to develop an antidepressant that can be taken as a nasal spray. The grant could speed the development of a portable and easy-to-use device for preventing mental health problems. … Continue reading →

You Can Control This Multicolored Light Bulb From Your Smartphone [VIDEO]

Posted: 20 Aug 2012 03:41 PM PDT

A new gadget will let you see your favorite room in a whole new light, literally. Called Bluetooth Bulb, the RGB bulb can replace any traditional light bulb, and can be controlled over Bluetooth via your smartphone.

Facebook stock rebounds after dropping below $19

Posted: 20 Aug 2012 01:24 PM PDT

FILE- In this Monday May 21, 2012, file photo, television correspondent Sabrina Quagliozzi reports from inside the Nasdaq MarketSite in New York's Times Square. Facebook's beleaguered stock has lost more than half of its value since its initial public offering three months ago. Facebook Inc.'s stock slid 7 cents to $18.98 in morning trading Monday, Aug. 20, 2012. (AP Photo/Richard Drew)Facebook's beleaguered stock got an afternoon boost after hitting its lowest level ever earlier in the day.

Thiel among early Facebook investors selling

Posted: 20 Aug 2012 04:37 PM PDT

Peter Thiel, one of Facebook's earliest investors and a member of its board, was among the insiders selling stock in the social network after a lockup expired last week.

Hackers claim to target UK Justice Ministry site

Posted: 20 Aug 2012 02:35 PM PDT

Britain's Ministry of Justice said Monday it was looking into disruptions on its website, after online activists claimed they hacked into the site as part of a campaign to back WikiLeaks founder Julian Assange.

Developing Minds Want to Know: Q&A with Any.DO CEO Omer Perchik

Posted: 20 Aug 2012 03:58 PM PDT

We are big fans of task management app Any.DO. In fact, it was our favorite Android app from any category in 2011.

Apple, Samsung CEOs talk but no trial settlement reached

Posted: 20 Aug 2012 08:18 PM PDT

Apple CEO Cook speaks during an Apple event as he introduces the new iPad in San FranciscoSAN JOSE, California (Reuters) - The chief executives of Apple Inc and Samsung Electronics Co Ltd have talked but did not settle the high stakes patent dispute between the two electronics companies, a Samsung attorney said in court on Monday. U.S. District Judge Lucy Koh had requested that the two talk on the phone at least once more before the jury begins deliberating this week. Apple and Samsung are going toe-to-toe in a patents dispute that mirrors the struggle for industry supremacy between the two rivals that control more than half of worldwide smartphone sales. ...

Summary Box: Early Facebook investor cashes out

Posted: 20 Aug 2012 05:02 PM PDT

EXITING FACEBOOK: Peter Thiel, Facebook's first major investor and a member of the company's board, has sold most of his remaining stock in the Internet's leading social network.

Facebook director Thiel sold 20 million shares after lockup

Posted: 20 Aug 2012 04:59 PM PDT

Peter Thiel, entrepreneur and co-founder of PayPal, speaks during a news conference in WashingtonSAN FRANCISCO (Reuters) - Facebook Inc director Peter Thiel sold roughly $400 million worth of shares in the Internet social networking company last week, cashing out most of his stake, according to a regulatory filing. Thiel sold his shares on Thursday and Friday at average prices ranging between $19.27 and $20.69 per share after the end of the first lockup, which barred early investors and insiders from selling shares following the initial public offering. ...

Thiel among early Facebook investors selling

Posted: 20 Aug 2012 04:37 PM PDT

Peter Thiel, one of Facebook's earliest investors and a member of its board, was among the insiders selling stock in the social network after a lockup expired last week.

This Online Group Collaboration Hub Replaces Insecure Listservs

Posted: 20 Aug 2012 04:06 PM PDT

This Online Group Collaboration Hub Replaces Insecure ListservsName: Groopt

Apple's market value exceeds Microsoft's during 1999 bubble

Posted: 20 Aug 2012 04:03 PM PDT

People wait on street in front of Apple store as they await sales of new iPad in Apple store in MunichNEW YORK (Reuters) - Apple Inc's market value climbed past $623 billion on Monday, surpassing the record set by Microsoft Corp during the heyday of technology stocks in 1999. Apple shares rose 2.6 percent, bringing its gains this month to almost 9 percent as Wall Street bets on the September 12 rollout of the latest version of the iPhone, the device that revolutionized the mobile industry. Microsoft, however, retains the title of history's most valuable company if its 1999 peak value of about $621 billion were to be adjusted for inflation. ...

Developing Minds Want to Know: Q&A with Any.DO CEO Omer Perchik

Posted: 20 Aug 2012 03:58 PM PDT

We are big fans of task management app Any.DO. In fact, it was our favorite Android app from any category in 2011.

Apple sets record for company value at $624B

Posted: 20 Aug 2012 03:47 PM PDT

FILE-In this Friday, March 16, 2012, photo, Apple employees welcome hundreds of customers in front of the Apple store at a shopping mall in Oberhausen, western Germany, as the new iPad goes on sale at the Apple store. On Monday, Aug. 20, 2012, Apple set a new record for the most valuable company at $621 billion, beating Microsoft's 1999 high. (AP Photo/Martin Meissner, File)Apple is Wall Street's all-time MVP —that's Most Valuable Property.

You Can Control This Multicolored Light Bulb From Your Smartphone [VIDEO]

Posted: 20 Aug 2012 03:41 PM PDT

A new gadget will let you see your favorite room in a whole new light, literally. Called Bluetooth Bulb, the RGB bulb can replace any traditional light bulb, and can be controlled over Bluetooth via your smartphone.

News Summary: Jury getting patent case over iPhone

Posted: 20 Aug 2012 03:32 PM PDT

DELIBERATIONS: A jury of nine men and women are set to decide one of the biggest technology disputes in history.

Fox to distribute DreamWorks Animation movies

Posted: 20 Aug 2012 03:30 PM PDT

DreamWorks Animation SKG Inc., the movie studio behind "Kung Fu Panda" and "Madagascar," said Monday that its films will be distributed by 20th Century Fox starting next year.

News Summary: Hackers claim to target UK site

Posted: 20 Aug 2012 03:29 PM PDT

HACKING TARGET: Britain's Ministry of Justice is looking into disruptions on its website, after online activists claimed they hacked into the site as part of a campaign to back WikiLeaks founder Julian Assange.

News Summary: OnLive says it will live on

Posted: 20 Aug 2012 03:25 PM PDT

This product image provided by OnLive Inc, shows tablets displaying a variety of games using the OnLive game controller. OnLive, the video game streaming startup that was full of promise when it was unveiled three years ago, has reorganized its business and cut roughly half of its staff amid financial difficulties. But it says it will continue to operate under the same name and users should not see a change in their service. (AP Photo/OnLive Inc.)TROUBLES: Analysts say video game streaming startup OnLive was spending too much money and didn't have enough paying users.

Worldwide market share for tablet systems

Posted: 20 Aug 2012 03:22 PM PDT

In this Thursday, July 19, 2012, photo, an Apple worker, left, gives a tutorial on Apple iPad to customers at an Apple store in Palo Alto, Calif. Apple Inc. reports quarterly financial results after the market closes on Tuesday, July 24. (AP Photo/Paul Sakuma)Apple's iPad and the iOS system running it dominate the market for tablet computers despite growing competition, according to Gartner.

Ailing startup OnLive slashes staff, seeks more funding

Posted: 20 Aug 2012 03:21 PM PDT

People preview video games at the OnLive booth at E3 in Los AngelesSAN FRANCISCO (Reuters) - OnLive, once touted as having the potential to popularize Internet gaming and threaten console makers like Nintendo and Microsoft, slashed its work force by 50 percent and shifted its assets into a newly formed company. In an unusual restructuring effort led by Lauder Partners over the weekend, OnLive rolled assets from technology to trademarks into a newly created company and fired half its 200 employees. OnLive is backed by AT&T, Time Warner Inc and smartphone maker HTC Corp. ...

Top 5 makers of tablets, led by Apple and iPad

Posted: 20 Aug 2012 03:20 PM PDT

Apple extended its dominance in tablet computers in the second quarter, shipping nearly seven out of every 10 tablets, according to research firm IHS iSuppli. A new model came out a few weeks before the April-June quarter began. That success helped boost Apple's stock price, and Apple is now the most valuable company ever.

What you can buy for the price of 1 Apple share

Posted: 20 Aug 2012 03:12 PM PDT

This Monday, Aug. 20, 2012, photo, shows Apple headquarters in Cupertino, Calif., Monday, Aug. 20, 2012. On Monday, Apple set a new record for the most valuable company at $621 billion, beating Microsoft's 1999 high.(AP Photo/Paul Sakuma)Apple is the world's most valuable company, ever. On Monday, its surging stock propelled the company's value to $624 billion, beating the previous record for market capitalization set by Microsoft Corp. in the heady days of the Internet boom.

Worldwide market share for smartphones

Posted: 20 Aug 2012 02:50 PM PDT

In this Thursday, July 19, 2012, photo, An Apple customer returns an Apple 21.5-inch iMac computer to an Apple store in Palo Alto, Calif. Apple Inc. reports quarterly financial results after the market closes on Tuesday, July 24. (AP Photo/Paul Sakuma)Samsung and Apple dominate with nearly half of the worldwide market for smartphones. Apple is expected to come out with a new iPhone soon, and anticipation has contributed to a Wall Street rally that has made Apple the most valuable company ever.

Was Instagram Savvy or Stupid When Negotiating with Facebook?

Posted: 20 Aug 2012 02:50 PM PDT

Was Instagram Savvy or Stupid When Negotiating with Facebook?With Facebook's stock decline, the people who sold Instagram have also lost a considerable amount of their company's value because of poor negotiating tactics described by DealBook's Steven M. Davidoff.  Reading the report, we're not sure Instagram acted so foolishly, though. Yes, Instagram has taken a hit with its current set-up. The famous $1 billion deal has lost almost $300 million with Facebook's stock hovering around $20 per share. ...

OnLive game streaming company says it will live on

Posted: 20 Aug 2012 02:48 PM PDT

This product image provided by OnLive Inc, shows tablets displaying a variety of games using the OnLive game controller. OnLive, the video game streaming startup that was full of promise when it was unveiled three years ago, has reorganized its business and cut roughly half of its staff amid financial difficulties. But it says it will continue to operate under the same name and users should not see a change in their service. (AP Photo/OnLive Inc.)OnLive, the video game streaming startup that was full of promise when it was unveiled three years ago, has reorganized its business and cut roughly half of its staff amid financial difficulties. But it says it will continue to operate under the same name and customers should not see a change in their service.

Top 5 manufacturers of personal computers in 2Q

Posted: 20 Aug 2012 02:44 PM PDT

In this Thursday, July 19, 2012, photo an Apple customer Shayan Hooshmand, 11, uses PhotoBooth on a 21.5-inch iMac at an Apple store in Palo Alto, Calif. Apple Inc. reports quarterly financial results after the market closes on Tuesday, July 24. (AP Photo/Paul Sakuma)Apple, the world's most valuable company ever, is the third-largest manufacturer of personal computers in the U.S. According to IDC, these are the top 5 PC manufacturers in second quarter of 2012. The numbers are estimates and do not reflect figures disclosed by the company after IDC's report came out July 11.

Epic patent trial over iPhone technology wraps up

Posted: 20 Aug 2012 02:43 PM PDT

After three weeks of listening to technology experts, patent professionals and company executives debate the complicated legal claims of Apple Corp. and Samsung Electronics Co., a jury of nine men and women are set to decide one of the biggest technology disputes in history.

News Summary: Apple sets record for company value

Posted: 20 Aug 2012 02:43 PM PDT

FILE-In this Friday, March 16, 2012, photo, Apple employees welcome hundreds of customers in front of the Apple store at a shopping mall in Oberhausen, western Germany, as the new iPad goes on sale at the Apple store. On Monday, Aug. 20, 2012, Apple set a new record for the most valuable company at $621 billion, beating Microsoft's 1999 high. (AP Photo/Martin Meissner, File)NEW RECORD: Apple is Wall Street's most valuable company ever. On Monday, Apple's surging stock propelled the company's value to $624 billion.

Hackers claim to target UK Justice Ministry site

Posted: 20 Aug 2012 02:35 PM PDT

Britain's Ministry of Justice said Monday it was looking into disruptions on its website, after online activists claimed they hacked into the site as part of a campaign to back WikiLeaks founder Julian Assange.

Aphids May Be Capable of Photosynthesis; An Upside to Pro-Ana Blogs?

Posted: 20 Aug 2012 02:30 PM PDT

Aphids May Be Capable of Photosynthesis; An Upside to Pro-Ana Blogs?Discovered: Wearable "smoke"; aphids convert sunlight into energy; "bigfoot" spider found; pro-ana blogging can be a support network.

Developing Minds Want to Know: Q&A with SkyGrid CEO Kevin Pomplun

Posted: 20 Aug 2012 02:30 PM PDT

Despite the fact that mobile devices and the Internet are making conventional television sets increasingly obsolete, there has never been a more exciting time to be in the television industry.

Rosie O'Donnell Divulges Heart Attack on Facebook, Twitter

Posted: 20 Aug 2012 02:19 PM PDT

Rosie O'Donnell Divulges Heart Attack on Facebook, TwitterComedic entertainer Rosie O'Donnell published a poem on her blog Monday, detailing her scare with a heart attack last Tuesday morning.

Apple's smartphone and tablet shipments by quarter

Posted: 20 Aug 2012 02:13 PM PDT

In this Thursday, July 19, 2012, photo an Apple customer Shayan Hooshmand, 11, uses PhotoBooth on a 21.5-inch iMac at an Apple store in Palo Alto, Calif. Apple Inc. reports quarterly financial results after the market closes on Tuesday, July 24. (AP Photo/Paul Sakuma)ever.

Number of iPads sold by Apple by quarter

Posted: 20 Aug 2012 02:09 PM PDT

In this Thursday, July 19, 2012, photo, an Apple worker, left, gives a tutorial on Apple iPad to customers at an Apple store in Palo Alto, Calif. Apple Inc. reports quarterly financial results after the market closes on Tuesday, July 24. (AP Photo/Paul Sakuma)Apple has sold more than 84 million iPads since its debut in 2010. The latest model debuted just two weeks before the start of Apple's April-June quarter, which became a record-setter in iPad sales.
Posted by Harshad at 9:37 PM

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)