Developers received a handout of $8 billion, up from $6.5 billion three months ago which netted Apple around $3.5 billion in revenue and continues to show that iOS is a profitable platform for devs. More...
Facebook CEO Mark Zuckerberg confirms that the social network now has over 1bn active users each month. To mark the occasion, the company released a video, telling us that "chairs are like Facebook". More...
At first many shared the same opinions about Twitter, when it launched. Even I asked myself how much more absurd could the idea of modern communication get. However, millions of people around the world... More...
Intel has made plans to introduce a two year plan that will help to build advanced manufacturing plants in the US with its nanotechnology. The 32-nanometer chips will help to create faster manufacturing facilities... More...
The British government has spent 6.6 billion dollars for a new identity card program that is based around biometrics. Like any new ID card program it is designed to help enhance security for everyone... More...
Microsoft is once again in talks with Yahoo to acquire its search business for $20 billion according to reports from The Times. The deal comes after two previously failed Microsoft attempts to take over all... More...
Even with the recent merger of Sirius Satellite Radio, and XM Satellite Radio, into the newly named Sirius-XM Satellite Radio, the company reported a loss of almost $5 Billion in the third quarter. The company... More...
Google have had their fair share of lawsuits lately. One of the big ones came from Belgian Newspapers when they sued Google in 2007 for linking to news stories without their permission and the... More...
Facebook has revealed that it has hit a huge milestone, 10 billion photos are stored on the site. Doug Beaver, a Facebook engineer, revealed the statistic yesterday evening on the companys blog. Perhaps more impressive... More...
Microsoft's Don Mattrick has revealed current sales stats for the Xbox 360 and boasted that the hardware will outsell its bitter rival during this generation. North American sales of the Xbox 360 have reached... More...
The European Commission fined Microsoft a record 899 million euros ($1.35 billion) on Wednesday for defying sanctions imposed on the software giant for antitrust violations, far exceeding the original penalty. The Commission, executive arm of... More...
The first chip to pack more than two billion transistors has been launched by silicon giant Intel. The quad-core chip, known as Tukwila, is designed for high-end servers rather than personal computers. It operates at... More...
Bidding has reached $18.55 billion in the U.S. Federal Communications Commission's record-setting auction of government-owned wireless airwaves, covering five separate blocks of spectrum in the auction. The FCC is keeping bidders' identities secret until the... More...
Microsoft Corp. is offering $44.6 billion in cash and stock for search engine operator Yahoo Inc. in a move to boost its competitive position in the online services market. The unexpected announcement Friday comes as... More...
Owning 5.4 million shares of Apple stock is a mixed blessing. On the one hand, you have a huge fortune. On the other, you can lose $214 million in a week. This is just one... More...
Top bidders put up a total of more than $2.4 billion on Thursday in the opening round of the Federal Communications Commission's auction of coveted U.S. government-owned airwaves. The figure represents the highest bids received... More...
Microsoft Corporation has announced second quarter records for revenue ($16.37 billion, a 30% increase over last year's period), operating income ($6.48 billion, a 87% increase) and diluted earnings per share ($0.50, a 92% increase). During... More...
Business software maker Oracle Corporation has agreed to buy BEA Systems Incorporated for about $7.85 billion, a compromise price that ends a months-long dispute over the value of the software company. In October, Oracle suggested... More...
Sun Microsystems will plunk down $1 billion to buy MySQL, the maker of a popular open-source database. Sun said Wednesday that it will pay about $800 million in cash for MySQL's privately held stock and... More...
Microsoft Corporation is offering 6.6 billion NOK (or approximately $1.2 billion USD) for the acquisition of Fast Search & Transfer, a leading provider of enterprise search solutions. FAST's board of directors has unanimously recommended that... More...
The General Services Administration has announced that project Alliant has been halted after a group of technology service providers claimed that the U.S. government broke its own laws in August when it selected contractors to... More...
Market research firm NPD is reporting that U.S. sales of video game hardware and software jumped 73% in October to $1.1 billion (compared with $643 million a year earlier). Nintendo's Wii console regained its spot... More...
IBM Corp. is making its largest acquisition ever, a deal announced Monday to buy Cognos Inc. for $5 billion in cash in hopes of keeping up with rivals in "business intelligence" software. The acquisition would... More...
Easily one of the most popular publicly available torrent sites, Mininova has over 3 million visitors per day which places them in the list of 100 most visited websites on the Internet. The site has... More...
Panellists at a trade forum criticised the US government for going back on commitments made to the World Trade Organisation (WTO) in regards to internet gaming. The forum believes that the US could be liable... More...
The Senate has added $1 billion to NASA's budget as both Democrats and Republicans voted to further break President Bush's budget for domestic programs. The funding was added to a $56 billion measure funding science... More...
As part of an online advertising push designed to leapfrog Yahoo and present a serious challenge to Google, Microsoft has just closed a $6 billion deal with digital marketing company aQuantive. As the software industry... More...
The internet is about to become even more ubiquitous, according to analyst firm Juniper Research. In a report released today, analysts predict that nearly one in three mobile subscribers around the world, representing over one... More...
In a development which Alcatel-Lucent calls "shocking and disturbing" and which Microsoft calls a "victory for consumers," a federal judge in the San Diego District Court has overturned a jury's decision which had ruled that... More...
The latest development in a pending antitrust suit by CPU manufacturer Advanced Micro Devices (AMD) against its cheif rival, Intel, comes in the form of a glimpse at the case AMD will present in a... More...
The iTunes Store said Tuesday it had passed a milestone, selling more than 3 billion songs since launching four years ago. The milestone came just six months after iTunes, Apple Inc.'s online music download service,... More...
Microsoft Corp. today announced revenue of $13.37 billion for the quarter ended June 30, 2007, a 13% increase over the same period of the prior year. Diluted earnings per share for the quarter were $0.31.... More...
More than one billion PCs will be in use worldwide by the end of 2008, fuelled by high growth rates in emerging markets such as the Bric bloc of countries: Brazil, Russia, India and China.... More...
According to a new IDC study, the growth in adoption of stand-alone open source software reached $1.8 billion in 2006 and will grow 26% annually for the next four years, hitting a total market worth... More...
Yahoo is reportedly preparing a $1 billion takeover bid for social networking site Bebo. The MySpace rival was founded by husband and wife team Michael and Xochi Birch in 2005, and has overtaken MySpace in... More...
Total online spending by British shoppers has hit £100 billion, research shows. This figure dates back to April 1995 when e-retail first launched, according to the Interactive Media in Retail Group (IMRG). Britons spent £3.465... More...
Microsoft has announced plans to acquire aQuantive, a digital marketing services agency, for around $6 billion. Microsoft said aQuantive's 2,600 employees will be incorporated into its online services business, dedicated to growing advertising on the... More...
For the fiscal year ended March 31, THQ generated net sales just over $1 billion, a 27 percent increase from fiscal 2006's $806.6 million. This year was THQ's 12th consecutive year of revenue growth. The... More...
Lenovo Group Limited has signed a deal with Microsoft Corporation to buy Windows, Office and other software suites for its personal computers in a deal worth $1.3 billion. This one succeeds what Lenovo found as... More...
According to the Internet Advertising Bureau of Canada, Internet advertising hit $1.01 billion in Canada for 2006, an 80% increase over the $562 million collected in 2005. The association forecasts that revenues in 2007 will... More...
Around $1.7 billion of unpaid VAT did not appear on a U.K. Revenue and Customs debt case management system because of a failure to transfer data from the main VAT computer system. Edward Leigh, chair... More...
Less than one week after disclosing a $611 million first-quarter loss, chip maker Advanced Micro Devices (AMD) Monday said it hopes to raise up to $2.2 billion through the sale of convertible notes to institutional... More...
Search engine leader Google has announced it will buy top digital marketing services firm DoubleClick for $3.1 billion from private equity firm Hellman & Friedman, which bought DoubleClick for $1.1 billion in 2005. The deal,... More...
Verizon Wireless Incorporated will get an increase in coverage and capacity of its existing CDMA2000 (Code Division Multiple Access) EV-DO (Evolution-Data Optimized) Revision A broadband data network through a new three-year contract with Alcatel-Lucent SA... More...
Cisco Systems plans to spend $3.2 billion to buy the online conferencing company WebEx, both companies confirmed Thursday. The WebEx software and hosted service allows for on-demand collaboration between businesses and is to be a... More...
MTV owner Viacom Inc. said Tuesday it has sued YouTube and its corporate parent Google Inc. in federal court for alleged copyright infringement and is seeking more than $1 billion in damages. Viacom claims that... More...
Google Incorporated claims the company loses about $1 billion US a year to "click fraud" and similar scams on its ad service. Special software that can click on an ad repeatedly can be used to... More...
With the aim to further undermine rival SAP, Oracle has agreed to acquire enterprise software firm Hyperion Solutions Corporation for $3.3 billion in cash. Hyperion develops enterprise performance management software that helps companies plan, map... More...
The global population of Internet users is expected to reach 1.35 billion in 2007 and this increased access to and use of the Internet is driving the growth of online channels for businesses, according to... More...
Intel Corporation announced it was appealing an Internal Revenue Service tax adjustment related to export sales. The company has calculated that its federal income tax for 1999 through 2005 would increase by about $2.2 billion... More...