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With just a week passed when Apple reported its highest quarterly earnings of record $46.3 billion in revenue, the company is still find itself somewhere in reports of labor abuses among its suppliers. The company employs around 43,000 people in the United States and 20,000 overseas. There are also those employees who works with the company on contract basis like...

Twitter announced in its blog post that to limit the content according to specified countries’ freedom of expression – the company added ability to reactively withhold content from users in a specific country – while keeping it available in the rest of the world. A year ago, the company having more emphasize on “The Tweets Must Flow” in which, “The open exchange of information can have a positive global impact … almost every country in the world agrees that freedom of expression is a human right. Many countries also agree...

Motorola Mobility Holdings, Inc. released their net revenues of $3.4 billion in the fourth quarter of 2011, comparable to the fourth quarter of 2010. The GAAP net loss in the fourth quarter of 2011 was $80 million, or $0.27 per share, compared to net earnings of $80 million, or $0.27 per share, in the fourth quarter of 2010. On a non-GAAP basis, net earnings in the...

The closure of Megaupload takes a step further – this time not by the feds or US government but by the Pirates of Catalonia who are planning to sue the FBI over the content sharing site takedown. The group initiative is an initial step for legitimate internet users to help defend themselves from the legal abuses promoted by those wishing to aggressively lock away...

Nokia and Microsoft have “been silent” from quite a longer time about their Windows Phone partnership – but with the announcement of Finnish mobile maker, Nokia’s Q4 2011 earnings report, it’s confirmed that the companies were in partnership – Microsoft paid $250 million to Nokia for adopting Windows Phone. “Our broad strategic agreement with Microsoft...

With the already financials shaking results of Nokia today, the Finnish company will see some major changes on its directorial board, after its Annual General Meeting in a few months. Nokia Board Chairman Jorma Ollila and Nokia Board members Bengt Holmström and Per Karlsson have informed that they will no longer be available to serve on the Nokia Board of Directors. Mr...

Nintendo today announced (PDF) sales of 556.2 billion yen ($7.2 billion) during the nine months ended December 31 (April to December 2011), down nearly 32 percent compared to the same period in 2010. It also posted a 48.4 billion yen (about $625 million) net loss. During the same period in 2010, Nintendo generated a profit of nearly 50 billion yen. Nintendo mentioned the time as “tough time”, saying that its financials were brought down by sluggish Nintendo 3DS sales during the first half of its fiscal year, as well as a strong yen....

AT&T Inc. reported fourth-quarter results highlighted by record mobile broadband sales, strong wireless network performance and improved wireline revenue trends. Consolidated revenues clocked in at $32.5 billion, up 3.6 percent compared to the year-earlier quarter. They recorded a huge net loss for Q4 2011 of $6.7 billion, or $1.12 per diluted share. These results compare with reported net income attributable to AT&T of $1.1 billion, or $0.18 per diluted share, in the fourth quarter of 2010. Excluding significant items, earnings...

Nokia has just revealed its Q4 2011 financial results and the figures aren’t exactly what we call as “superb” in nature. The company posted an operating loss of €954 million for the last three months of 2011. In concern with the sales of Nokia Lumia windows phone, the company topped with 1+ million units sales in its kitty. The report also revealed that Microsoft...

RealNetworks Inc. has announced that is has signed an agreement to sell a “significant number” of its patents – approximately 190 patents and 170 patents applications and its next generation video codec software to Intel Corporation for a purchase price of $120 million. “Selling these patents to Intel unlocks some of the substantial and unrealized value of RealNetworks assets,” said Thomas Nielsen, RealNetworks President and CEO. “It represents an extraordinary opportunity for us to generate additional capital...