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
Google said that Facebook hit 1-trillion page views for the month of June.
However, that astounding quantity on Facebook’s traffic is just what’s served up by the DoubleClick Ad Planner rankings of Google, which compile data on Web traffic “from a variety of sources including anonymized, aggregated Google Toolbar data” and information from DoubleClick ad management service of Google.
Certainly, there is a Web traffic that takes place without the eyes of Google peering in and it is safe to say that Facebook is past the Google DoubleClick month estimate.
Facebook had . . . → Read More: Google Says Facebook Reaches One Trillion Page Views in June
Both the University of Illinois’ National Center for Supercomputing Applications (NCSA) and IBM have quoted unexpected costs and greater than expected difficulties among motives for abandoning plans to make a petaflop-speed supercomputer this Monday. A petaflop, for those who are curious, is a measure of the processing speed of a computer, that being a thousand trillion floating point operations each second – a computer with such speed abilities being reported in and of itself. Having begun the project last 2008, IBM said that it has stopped its four-year “Blue Waters” agreement estimated at around $208 million USD, formerly . . . → Read More: Petascale Supercomputer “Blue Waters” Project, Abandoned by IBM and NCSA