THE BUSINESS OF TECHNOLOGY
Amazon and Google can breathe a sigh of relief. Apple unveiled its iPad Mini, a 7.9 miniature version of the iPad, for $329, a bit more expensive than the $250 analysts had expected. About 65 percent of the cost of a full size iPad, the new iPad is well above mini tablet competitors such as Amazon Kindle Fire and Google Inc's Nexus 7, priced … [Read more...]
Microsoft is seeing its Skype acquisition pay off in terms of usage increase, though it remains to be seen if that actually adds up to bona fide revenue. In its quarterly earnings report, the company announced that Skype's usage had grown to over 280 million users, adding more than 30 million users since late May. Microsoft did not mention, … [Read more...]
by MATT GALLAGHER, Red Herring Everyone has that little voice inside them that wonders in the middle of the night whether or not the front door is locked. Do you get up to check or stay in bed as the worries seep into bad dreams? When it comes to SSH keys, however, most companies don't even realize that up to 10,000 unlocked back doors may be … [Read more...]
by Anam Alpenia, Red Herring Japan's Softbank is purchasing 70 percent of Sprint for $20.1 billion to become the third largest company in the world in terms of revenues. Both companies agreed to the deal that would be the largest foreign acquisition ever by a Japanese company. About $12.1 billion will be paid to Sprint shareholders, while the … [Read more...]
A House Intelligence Committee report warns US firms against doing business with Huawei and ZTE, two prominent Chinese tech companies, because of the risk of espionage. The report recommends barring the two firms from any US mergers and acquisitions, citing concerns of influence by the Chinese government and its military, based on an 11 month … [Read more...]
At the ad conference IAB MIXX this week, Facebook laid out its argument to advertisers, based on a recent study it conducted with Datalogix: Clicks are meaningless. The value of online advertising comes from the impression a brand makes, not whether somebody chose to interact with it online. The social network compared Internet ads to television … [Read more...]
by Anam Alpenia, Red Herring The EU Competition Commission has ruled that Microsoft failed to comply with a 2009 ruling mandating it to offer a choice of web browsers, which could mean a hefty fine of up to $7.4 billion, about 10 percent of the computer giant's revenue in 2012, Reuters reported. Following its investigation that began last July, … [Read more...]
Apple's not content with the $1 billion fine a US District Court slapped on its competitor Samsung after a judge ruled the company had “willfully violated” 6 out of 7 of its patents. The company has asked for a fine of $700 million more, plus a complete and permanent ban on the importation of any infringing Samsung devices, Reuters first reported … [Read more...]
In the wake of failed anti-piracy bills, a number of competing tech titans including Facebook, Google, Amazon and Yahoo have teamed up to buy their own lobbying group to ensure that geeks have a voice in the next efforts to legislate the Internet, according to a recent report from the Washington Post. The Internet Association will be headed by … [Read more...]
The list is up. Come visit us in Hong Kong on September 10-12 and enjoy presentations from the 2012 Top 100 Asia contenders. … [Read more...]