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Cloud services market to grow by 18.5% to USD131 billion this year - Gartner
Gartner said this year, the public cloud services market would grow by 18.5% to USD131 billion worldwide.
Gartner: Android makes up 79% of smartphone shipments in the second quarter
Gartner confirmed the latest report from the International Data Corporation and said Android-based devices made up 79% of all the smartphones sold during 2013's second quarter.
Billionaire investor Carl Icahn is short sighted on Apple - analysts
Analysts said supporting an expanded buyback program proposed by Carl Icahn would be short sighted. Billionaire investor Carl Icahn said he thinks Apple shares were "extremely undervalued.
Oi slumps following surprise loss, dividend reduction
Oi SA plunged following its announcement about an unexpected loss and reduction of its dividend payment.
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Omega Advisors Inc sold its shares in Facebook and precious metals' companies and bought Apple shares after Apple's decline.
Foxconn Technology Group's second quarter earnings report showed a boost of 40.8% due to strong iPhone sales and reduced costs by building factories in China.
Analysts said the once-core enterprise of compact digital cameras already seemed increasingly obsolete due to smartphones.
A labor rights group reported that the Brazilian government filed a USD108 million lawsuit against Samsung for its labor violations.
Sources said DoCoMo would select from the smartphone models of Fujitsu, Sharp and Sony for the company's major winter product lineup.
Zynga announced the exit of some senior executives, including David Ko, Zynga's Chief Operating Officer, as part of the company's streamlining plans.
India's biggest producer Tata Steel is looking for a comeback with a 30% rise in share price this year, prompting an industry observer to suggest that investors sell their Tata stake now.
Billionaire Carl Icahn's tweet influenced Apple share prices, making the leading tech company's stock valuation rise by as much as USD17 billion.
Tencent upgraded WeChat as the Chinese company hoped to boost its revenue through addictive games on mobile devices.
A report from Digitimes said HTC would most likely "drift away" from Windows Phone so that it could focus on its Android smartphones.