Trending News

Apple outspent other tech titans by acquiring its own shares

Fortune's Philip Elmer-DeWitt said that Apple spent US$16 billion to buy 36 million of its own shares.


Samsung announces US$1 billion increase in investment

Samsung increased it investment by US$1 billion with the hope that it would compensate for the slumping smartphone growth.

Citi analysts say Apple CEO Tim Cook is wrong

Analysts from Citi released a report that in 2015, the smartphone saturation would transpire. On Thursday, analysts at Citi released a report regarding the saturation in the smartphone market.

Canon, Nikon blames smartphone boom for slowing camera sales

The camera-producer titans find it hard to sell its product due to the increasing demand for smartphones.


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Analysts believed that Apple's budget iPhone or iPhone Lite would threaten the company's bottom line.
A statement by Pamplona Capital said that Deutsche Bank was fully committed to returning the pledged shares upon request.
A report revealed that healthcare investments to Cleveland in the fist half of 2013 was US$80 million, down from the US$104 million in the same period last year.
Facebook faced two major mobile ad challenges. Undoubtedly, Facebook's mobile ad business has grown. Facebook ads are paid advertisements that are "relevant and interesting" to a user.
It was reported that Google planned to invest in Uber funding round. Google, through Google Ventures, was expected to participate in Uber's upcoming new round of funding.
A Chromecast forecast signalled more Netflix subscribers up ahead. Google recently announced its latest device, the Chromecast. The device basically allowed "TVs to become second screens to Google-powered devices" running the Chrome browser.
Chromecast quickly sold out in a matter of hours after its announcement. Quickly after Google announced its new product, Chromecast, the company received a large volume of orders.
It seemed that Google has a two-pronged strategy in mind involving the Chromecast and Google TV. Through the release of Chromecast, it seemed that Google may have finally found a "surefire way to get the Internet on your TV".
SolidFire received backing from Samsung. SolidFire received a US$31 million funding from Korean tech giant Samsung Electronics today. The placement was made through the company's investment arm, Samsung Venture Investment Corporation.
Jay Z struck a deal with Samsung to give one million users free downloads of his Magna Carta Holy Grail album.