Starting this July (which is the start of fiscal year 2013) for Microsoft, the company committed to be carbon neutral across all its direct operations including data centers, software development labs, air travel, and office buildings. In order to achieve this, the company have created an accountability model which will make every Microsoft business unit responsible for the carbon they generate – creating incentives for greater efficiency, increased purchases of renewable energy, better data collection and reporting, and an overall...
The Fortune 500 list puts up some very interesting figures with mentioning of the gain with the total revenue made by the company. What our primary focus in the list is “Apple”. Yes our very own lovable Apple. The current list showed up that Apple has moved to 17th position, up from 35th, when comparing from 2011 revenues, which was $108.2 billion. International Business Machine or simply IBM dropped at 19th position; with 2011 revenues of $106.9 billion whereas HP chasing the Apple moved one position up to 10, with revenue of $127.2...
The cloud computing company Rackspace has announced financial results for the quarter ended March 31, 2012. Net revenue for the first quarter of 2012 was $301 million, up 6.4% from the previous quarter and 31% from the first quarter of 2011. Net revenue for the first quarter of 2012 was negatively impacted by currency exchange rates when compared to the first quarter...
Conglomerate Honeywell, the company which develops thermostats, had recently filed a patent infringement lawsuit against Nest Labs, alleging the infringement of seven Honeywell patents related to its thermostat technology. Honeywell in its latest shots against Nest denied Nest’s most recent counterclaims. Honeywell in a statement said: “We stand by our claims...
Reuters reports that the Japanese leading chip maker Toshiba is expecting a 45 percent jump in profits this business year over the increase in demand for its flash memory chips used in Apple iPhones. Toshiba forecast an annual operating profit of 300 billion yen ($3.75 billion), above the mean estimate of 281.9 billion yen from a poll of 22 analysts by Thomson Reuters...
During the interview with CNN, Reddit co-founder Alexis Ohanian discussed about Facebook’s upcoming IPO, stating that he will be holding off on investing in the social giant as it support CISPA. Mark Zuckerberg might have to change his ways once the company goes public. Check the clip below, it is interesting so have a look: ...
With Facebook IPO just round the corner, the most interesting this to evaluate at the moment is what and how much the company’s founder Mark Zuckerberg will make once the IPO is On. What the figures that came in front of us is that Zuckerberg will be worth $25 billion – Yes $25 billion – now what interesting is that his total wealth is more than what the Yahoo – total as a company – holds – for your records Yahoo is worth around $18.5 billion – Isn’t interesting. Well, this is just the beginning of this long-awaited IPO....
With a lot of news surrounded the web regarding the RIM’s new BlackBerry 10 – sometime development pictures surface over the web – and more even the company announced BlackBerry 10 prototype – and with not to forgot the announcement making investors unhappy – but what the latest entry is that according to N4BB, are references to nine other BlackBerry 10...
Samsung sets up a price fund of $4,080,000 to encourage developers to take part in its Smart App Challenge 2012. It is a wonderful opportunity for a potential developer who believes that s/he will make a difference with the app s/he builds. For those building the most popular apps on the company’s Galaxy Tab and Note products will receive awards ranging from $200,000...
Groupon CEO last words to the company asking to avoid not to take stupid risks, the company co-founder and CEO, Andrew Mason says n a letter to stockholders that was just filed with the SEC and published on the Groupon blog that the company wants to build an ‘Operating System for Local Commerce’. Here’s an interesting quote from the letter: Today, Groupon is a marketing tool that connects consumers and merchants. Tomorrow, we aim to move upstream and serve as the entry point for local transactions. Why Groupon? Aren’t we a daily...
