Megaupload founder Kim Dotcom was denied bail on Wednesday. A New Zealand judge ordered the founder of online sharing site Megaupload.com to be held in custody for another whole month – mentioning that the suspected internet pirate posed a high flight risk. Dotcom was remanded in custody till February 22. U.S. accused the site of copyright infringement with the...

The former head of Microsoft, Bill Gates talked about his longtime friend and business rival Steve Jobs in an interview with Yahoo! and ABC News. He had talked about how Jobs’ death affected him – his fix of American schools and his annual letter, which results in setting the priorities for one of the most generous charitable efforts in history. “He and...

Tiny Tower developers, NimbleBit, launched an arm through the series of tweets against the social network game company, Zynga. Zynga recently launched a new iOS game that somehow looks a lot similar to Tiny Tower. The new game, Dream Heights, is available only in Canada so far. Zynga earlier even tried to buy out the company NimbleBit – but they refused the offer. The...

President Obama in the State of the Union address put up a blueprint of economic recovery, with number of references to the technology sector.  The president implied that the tech industry in general was a beacon of hope for America’s blighted economy multiple times. “An economy built to last is one where we encourage the talent and ingenuity of every person...

Apple announced its Quarter 1 financial results for its fiscal 2012. The company posted record quarterly revenue of $46.33 billion and net profit of $13.06 billion, or $12.87 per diluted share. The Company sold 37.04 million iPhones in the quarter and 15.43 million iPads during the quarter. The Company sold 5.2 million Macs during the quarter. Apple sold 15.4 million...

Apple announced its Quarter 1 financial results for its fiscal 2012. The company posted record quarterly revenue of $46.33 billion and net profit of $13.06 billion, or $12.87 per diluted share. The Company sold 37.04 million iPhones in the quarter, resulting 128 percent unit growth over the year-ago quarter. Apple sold 15.43 million iPads during the quarter, a 111 percent unit increase over the year-ago quarter. The Company sold 5.2 million Macs during the quarter, a 26 percent unit increase over the year-ago quarter. Apple sold 15.4...

Google’s video sharing website, YouTube, added another mark in its kitty with the streaming of 4 billion online videos every day – an increase of 25 percent in the past eight months. The figure includes both PC and smartphones streaming, and according to the company, 60 hours of videos gets added every minute – compared to 48 hours a minute last may. Google...

With the Apple quarter’s result is just a day away, Philip Elmer-Dewitt, an analyst compiles his best guess for what the Apple has in the store for Quarter 1 or can also be called as Apple’s holiday quarter. If his prediction is going to be right tomorrow, than we will see the company behind iPods and iPhones first quarter of worth $40 billion – Elmer Dewitt’s numbers coming in at a mind-blowing $42.76 billion. If the numbers hold as it says, Apple could see a quarter almost exactly 50% better than their last record quarter....

Graffiti artist David Choe, who was commissioned to paint the walls at Facebook new headquarters, incorporated a stick figure painted by the Facebook founder Mark Zuckerberg into a mohawked trollish creature wearing a wife beater with a raised fist. Zuckerberg added his touch to a graffiti wall at world’s largest social networking website company Facebook headquarters. ...

Dasient, a Sunnyvale-based internet security firm, on Monday through its company blog announced that it had been acquired by micro-blogging website, Twitter. The purchase deal price was not disclosed in the company’s post. The company was founded in 2008, is the brainchild of Neil Daswani and Shariq Rivzi. “Effective immediately, we will be bringing our technology,...