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Apple image — The Apple Store, Santa Monica, Calif.
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Apple disappointed its investors Tuesday night after posting its first decline in revenue in more than a decade. The iPhone maker posted second quarter revenue of $50.6 billion, down from $58 billion in the year-ago quarter and missing analysts estimates by $1.4 billion. Wall Street was expecting revenue of $52 billion and earnings per share […]

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Image courtesy of ( David Castillo Dominici) / FreeDigitalPhotos.net
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Ad blocker use is on the rise — and that is not good news for online publishers. In fact, software created to block digital ads will cost online marketers across the globe nearly $22 billion in advertising revenue this year, a new study from Adobe and software company PageFair has revealed. The study found that […]

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Comcast’s NBCUniversal is buying DreamWorks Animation for $3.8 billion, as the company looks to capitalize on the popularity of DreamWorks animated successes. The acquisition gives NBCUniversal a leg up in the ultra-competitive kids and family entertainment genre, given the popularity of DreamWorks’ Shrek, Madagascar, Kung Fu Panda and How to Train Your Dragon franchises. The transaction, which […]

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Intel CEO Brian Krzanich
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Intel met first-quarter profit expectations Tuesday after posting revenue of $12.8 billion and earnings per share of 41 cents. The results matched the lowered expectations Intel released last month, but resulted in Intels stock rising two percent. Revenue year-on-year was flat because while Intel’s PC business was down, those numbers were offset by growth in data […]

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Credit: Matt Harnack / Facebook
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Mark Zuckerberg delivered what may be one of the understatements of the year Wednesday. In a press release, the Facebook founder and chief executive officer seemed nonchalant in his summary of the financial results for the year’s second quarter. “We had a good second quarter,” said Zuckerberg. “Our community has continued to grow, and we […]

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Sixty-three percent of all tablet owners watch TV while using their devices — substantially more than any other activity done concomitantly with tablet usage, a new study has found. In fact, 41 percent of tablet owners’ total TV viewing is done while multi-tasking, the study from GfK MRI stated. Use of social media is the […]

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Facebook CEO Mark Zuckerberg has surpassed Google co-founders Larry Page and Sergey Brin on the financial ladder. The 30-year-old is now worth to $33.3 billion after a stellar day for his company’s stock Thursday, added $1.6 billion to his net worth pushing him up to 16th place on the Bloomberg Billionaires Index. The Googlers are […]

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Apple image — The Apple Store, Santa Monica, Calif.
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Tablet sales took a hit in the year’s first quarter with a sales growth of only 21 percent. A report released by Canalys showed sales of tablets may have been down but the PC market grew by five percent with 123.7 million units shipped in the year’s first three months. Regardless, tablet sales were still […]

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LinkedIn has come out of 2013 in a “strong” position with revenue of $447.2 million in the year’s final three months. The Internet company — which allows professionals across the globe to network and interact — released its fourth quarter numbers Thursday disclosing revenue that increased 47 percent when compared to the $303.6 million in […]

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Image courtesy of (noomhh) / FreeDigitalPhotos.net
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Businesses worldwide are responding to the threat posed by digital disrupters like Über and Airbnb, a trend that poses significant challenges for CIOs, a study carried out by international IT solutions and managed services provider Logicalis has revealed. The Logicalis Global CIO Survey 2016 polled 708 CIOs worldwide and found that the digital transformation of […]

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Photo Credit: 401(K) 2012 via flickr
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Globally, more than one-third of all software installed by organizations is wasted. In the U.S. alone, the value of waste is a staggering $30 billion. Putting that into perspective, $30 billion is the projected valuation of large global brand AIRBNB — that is the magnitude of waste that is occurring. It comes to $259 of […]

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Photo Credit: Ed Yourdon via flickr
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Are you obsessed with your phone? If you answered yes, you are not alone. About half of all Smartphone users in the U.S. check their phones several times in the course of an hour. A Gallup pole found that 11 percent check every few minutes and 41 percent check a few times an hour. Another 20 percent check […]

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Photo by Ben Scholzen.
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LinkedIn pleased its investors Thursday evening with better-than-expected first quarter results. The professional social networking firm posted a 35 percent revenue increase year-over-year to $861 million and adjusted earnings per share of 74 cents — up substantially from the predicted 60 cents. LinkedIn’s surprising results saw shares rise five percent. “Q1 represented a strong quarter […]

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Data breaches dipped in 2012 compared to the previous year, but that may mean hackers are being more selective, a new report has found. Symantec’s August 2012 Intelligence Report reveals an average of 14 data breaches per month so far in 2012, down from 16.5 per month from January to August of 2011. The average […]

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Image courtesy of (Stuart Miles) / FreeDigitalPhotos.net
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There will be no more power cords for your Smartphone, tablet or laptop if a group of researchers at the University of Washington have their way. Wi-Fi may soon be the only thing you need to charge your electronic devices thanks to the university’s ‘power over Wi-Fi’ technology. The technology enables devices to be recharged […]

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