With iPhone 4S sales halted at Apple’s China retail outlets, the company is now offering the iPhone through its online store, carrier partner China Unicom (Hong Kong) Ltd., and authorized resellers. Apple CEO Tim Cook said, “Apple Inc. underestimated the “staggering” demand for the iPhone 4S when it started sales in China this month.” On January 13, people pelted Apple’s oldest store in China with eggs when the shop in Beijing’s Sanlitun district failed to open of first day of iPhone 4S sales. Cook further added that “We...

Yahoo on Tuesday (ET) announced its fourth quarter results of 2011. The company revenue dropped 13 percent compared to the same period last year. Yahoo reported $1,324 million in GAAP revenue for the fourth quarter 2011 – while cost increased by 10 percent. The company recently appointed former PayPal president Scott Thompson as the company’s new CEO and after...

Google, within a month’s period, is gearing up to change its current privacy policy – merging its all 60 different product policies into one, resulting into a one single big product. Once you opt-in you can’t stop using all Google products. These changes will take effect on March 1, the company stated in its blog post. Google is primarily known pretty well...

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...