Groupon, a deal-of-the-day website, announced its financial results for its fourth quarter ended December 31, 2011. Revenue increased 194% to $506.5 million in the fourth quarter 2011, compared to $172.2 million in the fourth quarter 2010. Gross billings, which reflects the gross amounts collected from customers for Groupons sold, excluding any applicable taxes and net of estimated refunds, increased 201% to $1.25 billion in the fourth quarter 2011, compared with $415.3 million in the fourth quarter 2010. Operating income was $15.0 million...
Depreciation value or resale value – whatever the words we use results into one price down for our actual goods but wait here the good we are talking about is “smartphones”. According to a study by Priceonomies, all smartphones do not depreciate equally – iPhone can be sold for 53% of their original price, while Androids can only be sold for 42% and BlackBerries...
Sony which yesterday receives a BBB+ long-term debt rating from Standard and Poor, citing a warning that it may further drop the ratings to further extent unless and until if the Japanese consumer electronics giant shows it can achieve relevant and significant turnaround in profitability. The company trying to turn the point announced at the 2012 CP+ Camera and Photo...
With just the two days passed, Google released Chrome for Android beta version, the search engine giant yesterday announced through its blog post an update for the original desktop version, promising faster browsing and enhanced security. Chrome keeping the security point-of-view in mind, Chromes now does even allow you to protect you from malicious downloads by keeping a check on executable files like “.exe” and “.msi” extension. If the executable file doesn’t match a whitelist, Chrome checks with Google for more information,...
The social networking giant, Facebook last week filed its S-1 papers for its late-may due IPO – the company filed for an Initial Public Offering to raise $5 billion In its IPO bid. As part of it, the company revealed lots of interesting new numbers that indicates how big it actually is – with its users’ number, investors’ shareholding percentage, top employees salaries and many other things. According to The Sydney Morning Herald, the new IPO information submitted by the social giant has revealed that founder Mark Zuckerberg is...
According to RepairLabs Blog, a leaked photo of the Apple’s iPad 3 inner shell is out that indicates that there might be some tweaks made to the current version of the iPad – most importantly from the leak picture it is confirmed that iPad 3 may have a longer battery life, according to the blog which cited its sources in China. iPad 3 Details Revealed: You can...
If you’re running a rooted version of Android and you use Google Wallet, and then beware the PIN verification system on rooted devices that carry Google wallet can be cracked using an app that is available freely online – a video posted by Zvelo via 9to5Google reported the crack. Zvelo said on Wednesday that it immediately reported its findings to Google, which”agreed...
The software giant Microsoft’s next big and much-awaited thing – Windows 8 “Consumer Preview” is all on the way is setting near release on February 29th. The company is holding up an event at the upcoming MWC in Barcelona to launch the Windows 8 Consumer Preview reportedly between 3PM to 5PM (CET). The venue is a cellphone conference which could also hint...
The Finish mobile maker, Nokia is still not somehow on the way to release its latest Symbian smartphone – the Nokia 803, but according to BGR, details of phone have been leaked out. The phone will run on Symbian Belle, will consist of 4-inch AMOLED display instead the earlier 3.5-inch screen that had been reported. The phone will also feature one of the largest camera sensors along side of this it also contains an HDMI-out port, microSIM support and NFC. The phone is expected to release somewhere around May. Features and Specifications: Symbian...
According to WSJ, Google Drive, a long rumored cloud-storage service from the search engine giant, is all on the way to launched soon. Google Drive allows users to stores pictures, documents and videos on Google’s servers so that they could be easily accessible from an internet-connected device and giving the freedom to users to easily share the files with others....
