Microsoft announced today that Macintosh version of Microsoft Office suite will be released around the world starting at the end of October. Two versions will be available: Office for Mac Home and Student 2011 and Office for Mac Home and Business 2011. Microsoft says, the new Mac version is very similar to the original, allowing [...]
Amazon introduced its third generation Kindle ebook reader on Thursday. It will be released with redesigned body and in two versions, with Wi-Fi and 3G, or Wi-Fi only. The new device uses the same E-ink display as the Kindle DX, and shares the same (graphite) shell color too. It weighs 8.7 ounces and can run [...]
Developer of Blackberry smartphones, canadian company Research In Motion opened its first BlackBerry retail store in China on Wednesday. RIM hopes that it could boost the smartphone’s presence in the Asian market. They call the Beijing store an “experience center” that will give visitors a better opportunity to try Blackberries and other RIM devices. “The [...]
Tony Hayward, chief executive of BP, is about to leave the company. Altough BP said that “no final decision” has been made about possible management changes, it is likely that Hayward won’t be the chief executive of BP anymore. “BP notes the press speculation over the weekend regarding potential changes to management and the charge [...]
The world’s largest software maker, Microsoft Corp. announced its fourth-quarter profit that topped analysts’ estimates: net income reached $4.52 billion, or 51 cents a share, compared with the 46-cent average of estimates previously compiled by Bloomberg. Microsoft said in late June that they have sold 150 million copies of its newest operation system Windows 7, [...]
Nokia Siemens Networks (NSN) today announced the acquisition of Motorola’s network infrastructure assets for $1.2 billion. This network infrastructure business provides products and services for GSM, CDMA, WiMAX and other wireless networks. The goal of this acquisition is to become the third biggest wireless infrastructure vendor in the United States, and strengthen NSN’s current #2 [...]
The 10th largest securities class-action settlement is the result of a case between American International Group (A.I.G.) and three Ohio pension funds. The case involving one of the biggest insurance companies in the United States started six years ago, when a lawsuit was filed against A.I.G on behalf of Ohio pension funds. The pension funds [...]
XPRT Ventures LLC filed a complaint, because eBay allegedly stole information about XPRT’s patents in 2003 and built those features into its payment system, Paypal Pay Later and Paypal Buyer Credit. Paypal is a widely popular service of eBay Inc., it has users from all over the world. According to the complaint in the federal [...]
Amazon.com, the biggest online ecommerce company acquired the popular deal-a-day website, Woot.com. Woot is famous for offering just one discounted product every day, sometimes they offer electronic gadgets, sometimes clothing or even computer hardware. Matt Rutledge, the CEO of Woot.com confirmed in an interview, that Amazon has bought his company for over $110 million dollars. [...]
Google invested approximately $100-$200 million in one of the leading social gaming companies of the world, Zynga Game Network Inc., which has already raised about half a billion dollars in venture capital in 2009 alone. The investment closed a about a months ago, but there may be another thing going on, a strategic partnership between [...]
