Apple and Samsung patent lawsuit tug-of-war reach to the next high, move beyond the German borders. The iPhone maker has expanded its patent lawsuit scope against Korean electronics giant Samsung in Australia – this time by widening its complaint which includes 278 claims across 22 patents covering 10 new products. The Australian reports that Apple widened its...
Nikon just reported its third quarter results for the fiscal year 2011 and as common with most of the Japanese tech companies – Nikon put the claims on Thailand floods. The flooding happened in October, 2011 in Thailand caused water damage to Nikon (Thailand) Co., Ltd., a consolidated manufacturing subsidiary of Nikon in the Rojana Industrial Park in Ayutthaya...
According to Reuters, Japanese consumer electronics Panasonic Corporation is likely to forecast a record net annual loss of more than $9.2 billion. Panasonic’s is following the suite as per from rivals Sony Corp and Sharp Corp which results in for a combined losses of $6.7 billion. “Panasonic, like Sharp and Sony, has structural problems,” said Makoto Kikuchi, CEO of Myojo Asset Management in Tokyo, noting all three need to come to grips with problems in their TV businesses. “At the core of our latest restructuring...
From just the beginners trying his luck eight years back to the man who had filed $5 billion IPO – Yes, I am talking about Facebook, co-founder and CEO Mark Zuckerberg – who has dragged his feet on the way to the giant initial public offering – which is also name as one of the biggest tech IPO. A pair of interviews Lesley Stahl of CBS’s “60 Minutes” did with him in 2008 and 2010. But the times they are changing — the world’s largest social networking site, Facebook filed for its mega-IPO yesterday. All about Facebook IPO...
In a recent Television commercial for a Taiwanese Action Electronics Co.’s combined PC and multi-language dictionary promotion, Taiwanese comedian and impersonator Ah-Ken, dressed in Jobs’ trademark black turtle neck sweater and blue jeans and sporting white angel’s wings and a halo, extols the virtues of company’s new product. “Introducing...
According to Reuters, after review of 2000+ filings since SEC found some companies – including Internet Infrastructure giants – VeriSign Inc. and Credit Card and Debit Card Transaction processor – VeriFone Systems Inc., accounts for significantly “large and new” numbers of hacking incidents. Securities and Exchange Commission issued a lengthy “guidance” document on October 13 outlining how and when publicly traded companies should report hacking incidents and cybersecurity risk. “It’s completely confusing...
With earlier protests against US SOPA and PIPA – in which we see thousands of websites – both small and large protested against the act – even including the biggies – Google, Wikipedia and other technology giant – in the similar way protests are taking place but this time in Europe and it is against Anti-Counterfeiting Trademark Agreement (ACTA) – by joining...
Sony’s soon-to-be President and CEO Kazuo Hirari today during the company’s earnings call took a step forward and discuss his master plans for saving the troubled company. The company posted an operating loss of $1.2 billion and net loss of $2 billion on revenue of $23.37 billion. Sales were 1,822.9 billion yen (USD $23,370 million). Sony TV Business: He stated,...
Editor’s Note: Guest Author Ajeet Pratap Maurya is a Software Engineer specializing in .NET technologies and iOS development. After a long, tense wait, finally Facebook filled papers Wednesday i.e. yesterday to raise $5 billion in its initial public offering of stock. With this much funds the company would be valued approx. $75 billion. But the question is still there that what will be the effect of this IPO on the market and the investors who are willing to buy it. As we know this not the first time any tech company coming with its...
Sony has just posted its quarter three results of its 2011 fiscal year and as expected, the news is not great. Sony posted an operating loss of $1.2 billion and net loss of $2 billion on revenue of $23.37 billion. Sales were 1,822.9 billion yen (USD $23,370 million), a decrease of 17.4% compared to the same quarter of the previous fiscal year (YOY) primarily due to the impact of the floods in Thailand which began in October 2011, deterioration in market conditions in developed countries, and unfavorable foreign exchange rates. The...
