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Tumblr founder to receive US$110 million retention payment from Yahoo

Tumblr founder David Karp gets US$110 million to remain in the company for the next four years. On Thursday, a regulatory filing revealed a US$110 million retention payment of Yahoo to David Karp, Tumblr's founder.


South Korean internet corporation NHN split due to growing rivalry of founders

NHN, a South Korean internet corporation, split because of the growing rivalry of founders in terms of their individual mobile messenger enterprises.

Apple's iPhones generates 29% of T-Mobiles' total sales

T-Mobile disclosed that the iPhones from Apple generated 29% of the carrier's total sales during the second quarter.

Universal Display boosts forecast due to increasing LED demand

Universal Display boosted its full-year forecast to US$125 million from only US$110 million due to the increasing demand for LED.


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Nvidia projected a current-revenue of US$1.05 billion, plus or minus 2%, which was below analysts' estimates.
Apple generated US$4 billion from iTunes software and services during the second quarter. Apple's iTunes Store has been a relevant source of income and a core to the tech giant's ecosystem.
Nikon cut its full-year shipment target to 6.5 million from 7.1 million units as mirrorless cameras began to lose their shine.
According to Consumer Intelligence Research Partners, first time smartphone buyers would prefer Android units while repeat buyers would choose Apple products.
Nuance Communications recorded its highest price since May after Carl Icahn reportedly increased his stake in the speech recognition software developer.
BlackBerry is the first mobile maker to secure the US Defense Department's device administration approval.
Meiji Yasuda, Fujitsu and Microsoft Japan would all team up to upgrade 30,000 Windows XP computers to tablets running Windows 8 operating system.
Microsoft's Windows Phone boosted its smartphone market share from 3% to 4% allowing it to take the third highest position in the market.
Telstra's mobile market share in Australia rose to 50% as its income beat analysts' projections.
Analyst Aaron Kessler said internet stocks' gains would continue because investors were more confident in new business models like mobile and community advertising.