Yahoo, the premier digital company which back in January announced its drop in revenue by 13 percent in its fourth quarter results of 2011 hired former PayPal employee Scott Thompson in the hope to turnaround the company’s core business – but with today’s WSJ report it seems to be he is in the middle of potentially bigger and shaking of things to take care of. WSJ reported, “Activist shareholder Dan Loeb launched a proxy fight to shake up the board in which he urges to put four of his own director including one seat for himself.”...
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In a Reuters report Tuesday, it has confirmed that Nasdaq and BATS websites have been attacked by hackers over the period of last 24 hours – on the Nasdaq website only the banner carrying the logo at the top was visible on Tuesday afternoon while doing repeated attempts to access. Nasdaq OMX Group spokesman confirmed, “It had been suffering a denial-of-service...
Apple in the process of adding more glitters to its patent wars all around everywhere in the world, add another glory to it – the company reportedly asked a bankruptcy judge for permission to sue Kodak, one of the pioneers of modern photography company over alleged patent infringement used in printers, digital camera and digital picture frames. Kodak which already filed for bankruptcy back in January has previously made pioneering investments in digital and materials deposition technologies in recent years, generating approximately...
AMD’s Corporate Graphic Business Unit Vice President and CTO, Eric Demers has decided to leave the company – Demers who had joined the ATI in 2000 and has been with AMD since it’s bought out by AMD – he is leaving the company at the end of this week and indicated the reason of leaving as to pursue other opportunities. AMD Statement on this: AMD Chief Technology...
Social gaming giant Zynga released its Q4 2011 earnings – Zynga accounted the revenue coming in at $311.2 million for the fourth quarter of 2011, an increase of 59% compared to the fourth quarter of 2010. In terms of Diluted EPS, Zynga took s a loss ($1.22) for the fourth quarter of 2011 compared to $0.05 for the fourth quarter of 2010. Non-GAAP EPS was $0.05...
Google two years back in December 2009 launched Google Public DNS in order to make the web faster – yesterday Google reported that its Google Public DNS service is the largest in the world with handling an average of more than 70 billion requests a day. The search giant reports that about 70 percent of its traffic comes from outside the United States – maintaining a stronger presence in Americas and Europe – even in addition to this adding entirely new access points to different parts of the world including Australia, India,...
Editor’s Note: Guest Author Ruchika Shokeen is a technology enthusiast interested in analysing and reporting about different technologies. The GSMA Mobile World Congress is the combination of the world’s largest exhibition for the mobile industry and a conference featuring prominent Chief Executives representing mobile operators, device manufacturers,...
The iPad maker, Apple which on late January has appealed a Chinese court on last December ruling rejected its ownership of iPad trademark in China. Proview – the company against which the Apple had originally filed a lawsuit over the trademark control issue. On the context of same yesterday we reported that authorities in China have reportedly begin removing Apple...
Tim Cook, Apple’s CEO is about to appeared at a Goldman Sachs investor’s symposium in an urge to answer the urgent questions that had been winding up in the market all around – even probably including the worker’s condition at Faxconn – company’s China manufacturer. Cook is scheduled to make an appearance after almost four years as of now at Goldman Sachs conference tomorrow on Valentine’s Day, Tuesday February 14 at 3.30 pm EST. Apple which yesterday saw its share price (AAPL) closed above $500 for the first time, ending...
Following the US Department of Justice Google-Motorola Mobility acquisition is not only a happy day for the search engine giant but it is also a happier note for Apple, Microsoft and RIM in order to buy Nortel’s patents, which is valued for $4.5 billion bid. The DOJ says the approval comes only after it received proper commitments from both Apple and Microsoft...
