Marketing analysis firm eMarketer reported the rise in search ad spending with Google as the major player in the market. The firm estimates search spending will rise 27% to $19.51 billion. By 2016, search ad spending will approach $30 billion, following slower but consistent growth between now and then. Google’s revenues, among the top four search sites, grow most...
South Korean Electronics giant Samsung lost a bid today to overturn a ruling on an the original Galaxy Tab 10.1 tablet in Germany – resulting that the company is only able to sell updated version only – on the other side, the results indicated a symbolic “legal victory” for the iPhone maker, Apple. A higher regional court in Duesseldorf, Germany, said on...
Apple today announced that John Browett will join the company as senior vice president of Retail, directly reporting to Apple CEO Tim Cook. Prior to joining Dixons Retail, Browett held a series of executive positions at Tesco plc including CEO of Tesco.com. Earlier in his career he advised retail and consumer goods clients at Boston Consulting Group. “Our retail...
With the Research in Motion (RIM) drastic change on early last week announced Thorsten Heins as company’s new President and Chief Executive Officer. Mike Lazaridis, who worked with the company as co-chief executive officer left the position at the time. “It was very hard,” Lazaridis said in an interview with The Record this week. The company announced that...
Facebook – the world’s largest social networking site is not only big with its users’ numbers but it is also big with its year-on-year revenue it is making since from the start. According to CNBC correspondent Julie Boorstein claimed that the company’s 2011 revenue was $3.8 billion with an operating profit of around $1.5 billion. She posted the number of twitter. The social network giant who is gearing up for the whooping $100 billion IPO – largest by any tech company, and with such numbers – which of course still not confirmed...
TechStars announced an enhanced relationship with Microsoft through the new BizSpark Plus program for accelerators and incubators. The enhanced program allows TechStars accelerators in Boulder, Colo.; Boston; New York; Seattle; and Texas to offer each of their startups up to $60,000 (U.S.) of Windows Azure compute and storage over a 24-month period, at no cost. TechStars,...
Hewlett-Packard Director Larry Babbio Jr. will no longer be on HP board as a director – the company said, as the tech giant continuing to restructure its board. Babbio a director since 2002 were part of a board, and had presided during the pretexting scandal. Babbio, along with fellow directors Sari Baldauf and Dominique Senequier, will not stand for re-election...
The content sharing site Megaupload which was down by feds earlier this month by feds on the account of copyright infringement – there is no way the company can pay to Carpathia Hosting Inc. and Cogent Communications Group Inc to store its users’ data. Earlier the data on the site could be erased as soon as Thursday, February 2. The site contains millions of...
Since from the past week when the micro-blogging site Twitter made an announcement for censoring the tweets country-wise – the one such big question arise in people’s mind that why Twitter announced that it would remove the tweets on country’s government criteria – we called it as censorship. The micro-blogging site CEO Dick Costolo today (PT) was able to...
Analysts at Investment bank Morgan Stanley believes Apple’s new partnerships with both China Telecom and China Mobile over the next year will result in its iPhone available on all three Chinese carriers, a move that could bring an incremental sales of as many as 40 million units next calendar year. According to the analyst, Apple’s sixth-generation iPhone...
