By Jan Paul Ronaldo Manching, on May 11th, 2013%
Paypal co-founder and Tech tycoon Peter Theil has offered Andrew Brackin, a British teen, with $100,000 to help in creating a technology firm but with a condition that he has to attend a university in San Francisco for two years.
The British teenager is one of the youngest businessman to offered with cash. Brackin have gone through rounds of thorough tests in the 2013 Theil Fellowship. The offered cash is to aid in setting up Bunchy, a program to be used for charities to raise money using the popular social networks. Andrew Brackin will also receive . . . → Read More: PayPal Co-founder Peter Theil Offered $100,000 to British Teen to Help Create a Company
By Jan Paul Ronaldo Manching, on May 9th, 2013%
T-Mobile announced that they have sold 500,000 units of iPhones following their first quarter financial report Tuesday evening. The carrier started selling the phones on April 12 and the figures are still growing until now.
From the results of the report in the first quarter 2013, T-Mobile reported a decrease of profit compared the same quarter last year by 7 percent.
Earnings result excluding tax, depreciation, interest and amortization is $1.2 billion, down by 7.5 percent from the first quarter of 2012 but up from the fourth quarter of 2012.
On the . . . → Read More: T-Mobile Announces 500,000 iPhones Sold and Acquires MetroPCS
By Jan Paul Ronaldo Manching, on May 8th, 2013%
Samsung had reportedly increased their share in the market in the first quarter of 2013. Now, they are facing a problem – a good problem. Just like Apple, the South, Korea-based company has a pile of hard-earned accumulated cash. The problem? how to spend those cash.
After the revenue reports in the first quarter this year, Samsung has a 42% increase in their profit. The company said that their cash equivalent and cash increase about $40 billion at the end of the quarter.
The South, Korea-based company then paid their debts leaving a cash . . . → Read More: Samsung’s Problem Facing Unspent Cash Pile
By Jan Paul Ronaldo Manching, on May 7th, 2013%
The European Union anti-trust officials backed the Cupertino, California-based company, Apple Inc. against a patent case filed by Google’s Motorola. The EU officials said that Motorola is abusing their position, being the market leader in Germany for smartphones. Motorola filed a patent infringement case against Apple for some mobile phone functions.
The EU have already came with a preliminary view after the investigation opened on April, last year. According to them, these actions of Google’s Motorola “amounts to an abuse of a dominant position prohibited by EU anti-trust rules.”
Joaquin Almunia, the EU Competition Commisioner, said in a statement that . . . → Read More: EU Backs Apple in Patent Infringement Case Against Motorola
By Jan Paul Ronaldo Manching, on May 6th, 2013%
For the first time ever, the gun made with a 3D printer was successfully tested in a firing range in the U.S.
Defense Distributed, the controversial group who developed this 3D printed firearm said that they are going to show the blueprints of their project online.
This controversial group has been criticized by the Anit-Gun campaigners and gone through ups and downs trying to make the gun using the 3D printer tehnology. And after a year of hard work, it successfully fired in a firing range in Austin, Texas. Many were there to witness . . . → Read More: First 3D Printed Gun Successfully Tested
By Jan Paul Ronaldo Manching, on May 3rd, 2013%
Google seems not just getting busy with their upcoming Google Glass but also with the rumored smartwatch.
According to a report coming from AndroidCommunity, they have seen the filed patents and evidences that seems to be a possible information for another wearable gadget project by Google which is the smartwatch.
Market for wearable gadget might go on full stream if one of it takes off, whether the Glass or the smartwatch. It has also been rumored that Microsoft is also working with their smartwatch, as well as other mobile manufacturer, and it seems like . . . → Read More: Google Filed Patents for Possible Smartwatch
By Jan Paul Ronaldo Manching, on May 2nd, 2013%
Facebook recently faced a trial against typosquatters and earned victory. For those not familiar with the word “typosquatters”, they are people who are using names close to a popular name that possibly cause a confusion. In the lawsuit with Facebook, they are people who are registering domain names that are very close to a very popular site causing confusion to users and make money from it.
The Northern California District court ruled giving the win to the popular social networking site. Through this decision, Facebook earned a significant amount costing up to $2.8 million and takes . . . → Read More: Facebook Earned $2.8 Million in a Lawsuit Against Typosquatters
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