Welcome to our little corner of the Internet. Kick your feet up and stay a while.
This quarter has not been so good for Sprint, Quarterly results for Sprint came in and despite an 8 percent gain in wireless revenue in Q2 YoY, company is still in a net loss of $1.6 billion 150 percent increase over last year’s loss. Culprit behind this is Nextel iDEN network whose shutdown has caused such losses for Sprint. Along …
Michael Dell is adamant in making his company private irrespective of the offer he is receiving. Dell owes a large share in the company and he is not ready to step back from his plan as he is not willing to share the wealth with others. He commented to Wall Street Journal that he is not interested in selling his …
It was confirmed by Apple that the senior VP, Bob Mansfield, will no longer stay in the team. It was reported that he was out listed from the webpage of the company. He was subjected to retirement. But, Apple confirmed that he will be an associate to the “special projects” of the company. He is alleged to report to Tim …
Alibaba, e-commerce giant in China is in the last stage of debate to get a video streaming service. All can expect announcements related to this soon. All are still in a confused state whether the deal between PPTV and Alibaba will be in gain or not. Due to price criteria, the online media company and retailer of electronic appliances are …
China Labor Watch (CLW), New York-based watchdog had accused Apple supplier, Pegatron, of insufficient wages to employees and poor working conditions in three factories. Apple claims in a statement that it will investigate after some of the claims from the report. CLW had written in the report that, “The Pegatron factories are violating a great number of international and Chinese laws and …
