Tag : financial

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HTC America Lay Off 20% Of American Employees

HTC have been clinging onto life ever since they required a bailout from the Taiwanese Central Bank in August last year. Now The Verge reports that things aren’t getting any better as HTC have laid off…

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Twitter Files For Private Initial Public Offering (IPO)

Twitter announced on Twitter that they’ve submitted the required paperwork to the U.S Securities and Exchange Commission (SEC) for a private Initial Public Offering (IPO). “We’ve confidentially submitted an S-1 to the SEC for a planned…

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Yahoo Purcahses Another Startup Company – Image Recognition Company IQ Engines

Marissa Mayer’s famous Yahoo policy of buying new startup companies continues and the latest company to be sucked into Yahoo’s ever growing portfolio is IQ Engines. This latest acquisition by Yahoo comes after they recently took…

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AMD Announces Proposed Sale And Lease-Back Of Its Singapore Facility

Despite AMD’s most recent quarterly results showing a slight improvement over a long period of decline, AMD are still in a difficult financial situation. AMD has announced that it will sell and lease-back its Singapore facility…

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Listan GmbH (Be Quiet’s Parent Company) Take Over Xilence Brand

Listan GmbH have taken over the well known cooling and power supply brand Xilence. Listan GmbH, better known to you and me as the company behind the Be Quiet brand, has decided to expand its portfolio…

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PS4 Will Not Generate Large Launch Losses Like PS3 Says Sony

Chief Executive Office of Sony Computer Entertainment, Andrew House, has been talking about the financial performance of their upcoming PlayStation 4 console. It is well known that console developers will often subsidise the costs of consoles…

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Yahoo Buys Another Company – “Rockmelt” – Shuts It Down Straight Away

Since Marissa Mayer took over as CEO of Yahoo the company has been actively involved in purchasing many other companies and start-ups to increase their portfolio. The most notable of those is Tumblr but the latest…

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Gigabyte and ASUS Shipped 60% Of All Motherboards In China

According to a Digitimes report ASUS and Gigabyte combined account for 60% of all motherboards shipped in China. The total market size for the Chinese “PC DIY” market is about 14.5 million motherboards for the first…

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DRAM Prices Continue To Rise

A report by Digitimes suggest that DRAM prices are continuing to rise at a rapid rate. In 2010, 2011 and early 2012 DRAM prices had reached rock bottom levels thanks to huge oversupply and lacklustre demand.…

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Windows XP’s Death Could Save PC Market Says Analysts

Microsoft’s Windows XP has its support ended on April 14th 2014. As a result of this many business and home users will need to make the shift to a newer operating system. Those operating systems which…

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Analysts Say Windows 8 Not To Blame For PC Decline

PC analysts Gartner have made their latest report on the state of the PC market.  According to them PC shipments declined 10.9% in the second quarter of 2013 but they believe Windows 8 should not be…

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Lenovo Overtakes HP As World’s Top PC Vendor

Worldwide PC shipments have taken another hit this year, down 11.4% to 75.6 million compared to the same quarter of 2012, of which 2012 was already a low point on a declining trajectory. Forecasts estimated 75.4…

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Twitter Reports Very Low UK Profits, Believed To Be Routing Through Ireland

Twitter is a huge company and one of the biggest social media presences across the world, and in the United Kingdom. Yet this year they have reported retained profits of just £92,408 in the UK. Which…

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YouTube Invests More Money Into Vevo To Fend Off Facebook

Google has recently announced that it has just renewed its partnership with the music video website Vevo. Furthermore, Google has also made an investment with the company which has had very strong links with YouTube since…

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Rumour: Microsoft Trying To Buy Nokia Handset Business

Microsoft and Nokia are known to have a very good company relationship as Nokia is Microsoft’s number one partner when it comes to shifting Windows based smartphones. According to The Wall Street Journal Microsoft is looking…

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Google Ending Its “Checkout” Payment Service In Favour Of “Wallet”

We brought you the news of Google integrating its “Google Wallet” service into Gmail a few days ago. Now it seems that the rise of the Google Wallet service will be associated with the demise of…

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Google Accused Of Advert Tax Evasion In The UK

Google’s advertisement service (Google Ads) sells adverts all across the United Kingdom and Ireland. Google claims that all their advertisement services are sold through their Dublin office, as to synchronise taxation purposes all into Ireland where…

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Samsung’s Q1 Profits Up 53% To $7.7 Billion

Samsung has just announced that its Quarter one profits for this year are going to be a huge $7.7 billion. This figure is up 53% over the same period a year ago, or over Q1 of…

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BlackBerry Finally Back In The Black

Its been a difficult year for BlackBerry and its been public knowledge that they had been struggling with sales and following their first quarterly report, the mobile firm is proud to announce that they are once…

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Nvidia enjoys $4.28 Billion revenue in 2013

Nvidia posted their financial report of the current fiscal year which shows that it has earned a revenue of $4.28 Billion. During Q4, the chipmaker earned $1.1 Billion, a significant 16.1% year-on-year increase. Nvidia’ net income went…

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AMD spent $4 Million to secure Far Cry 3 bundle

According to a report, AMD coughed up $4 Million for its Never Settle and Never Settle Reloaded bundle for their new HD 7800 and 7900 customers to have an edge over Nvidia. Currently, the Reloaded bundle…

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Intel gets approval to have 14nm Chip Plant worth $4 Billion in Ireland

Intel announced its ambitious plan for building a new plant for fabricating 14nm chips named “Fab 24”. Intel will be investing $4 Billion and it will take 2 years for its construction. Final approval is still…