The troubled Nokia’s trouble seems not to be ending anytime soon as today the Finnish mobile giant share price have dropped to the lowest level in 16 years. Nokia (NOK) is down 14 cents, or 4.4%, to $3.06. The company recently posted its Q1 2012 financial reports, noting an operating loss of €1.3 billion that led to a net loss of €590 million for the period. Nokia sold 11.9 million smart devices during Q1, which is less than half of the 24.9 million it achieved in the first three months of 2011. Furthermore, Fitch and S&P downgraded...
Shutterstock, a global marketplace for imagery, announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its common stock. The number of shares to be offered and the price range for the offering has not yet been determined but TNW revealed that IPO filed...
Turning the rumors down which says that Facebook will not get public on May 18 – here it is for breaking the ice – confirming that Facebook’s stock has been registered and approved for listing on the Nasdaq under the ticker symbol “FB” – Yes they finally got listed turning the heartbeats of many as it moves one step further for the much – the social giant has just been published the FORM 8-A with the U.S. Securities and Exchange Commission (SEC). Here’s the relevant excerpt: Facebook, Inc. (the “Registrant”) hereby...
With early rumors seems not be hitting so hard, citing the “source”, Bloomberg is reporting that the social giant from tomorrow will not take order of its initial public offering, which is two days ahead of actual schedule. Facebook is offering about 337 million shares at $28 to $35 each. Facebook initially planned to finish taking orders on May 17, according to the data compiled by Bloomberg show. The shares will be listed on the Nasdaq Stock Market under the symbol FB. Morgan Stanley (MS), JPMorgan Chase & Co. (JPM) and Goldman...
Akamai recently released its Fourth Quarter, 2011 State of the Internet report. The report suggests that more than 628 million unique IP addresses from 236 countries and regions connected to the Akamai Intelligent Platform, representing 2.1 percent more IP addresses than connected in the third quarter of 2011, and an increase of 13 percent compared to the same quarter...
Related Stories: Yahoo’s Interim CEO Levinsohn First Memo Ex-Yahoo CEO Thompson Has Cancer, Told Board Yahoo’s CEO Scott Thompson Steps Down, Board Reshuffles I Never Provided Any False Information To Yahoo, Says CEO Scott Thompson Third Point Loeb Wants Yahoo To Appoint CFO As Interim Chief Executive Yahoo Director In Charge Of Hiring CEO Thompson To Step...
We have been hearing of NASA-provided “Blue Marble” images of Earth from quite a longer time, but now moving a step further to explore more, Russian’s Elektro-L No.1 weather satellite produces 121-megapixel images that capture the Earth in one shot instead of a collection of pictures from multiple flybys stitched together. The satellite takes a full image of...
Back in 2011, Chinese search engine Baidu announced that it will soon launched its owned Android-based device named as Yi and now the company is coming up with the next phase of the mobile operating system, called Baidu Cloud. Talking with the company’s head of mobile, Wang Jing, Reuters reports that Baidu does holds partnerships coming up and will announce it...
Thailand’s Information and Communications Technology Ministry signed a US$ 32.8 million tablet-computer supply contract with the Chinese manufacturer Shenzhen Scope for the purchase of 400,000 tablets for primary school students which comes under One Tablet PC Per Child campaign promise. The first 2,000 devices will be delivered next week and the rest to be arrived within 60 days, reports Futuregov. Under the contract, Thailand will buy 400,000 devices at THB 2,400 (US$ 81) per unit and a contract for the remaining 530,000 units will...
Iran in its latest bid to prove its point again that it will not allow any foreign things to surface even on its web-o-sphere, AFP reports that country’s telecommunications ministry has barred local banks, insurance firms and telephone operators from using foreign-sourced emails to communicate with clients. The order prohibits banks, insurance firms and telephone...
