Apple Says It Will Investigate After China Labor Watch Accusations

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 …

Apple Is Restoring Its Site After The Hack

The developer sites of Apple have been restored after it was hacked. Apple updated in its developer site saying that they are glad to have their customer’s patience till the work gets completed. It also said that the certificates and other services are accessible now in the site. Based on the status page of Apple, many of its services like …

Samsung Overtakes Apple For Mobile Profits

Analysts have estimated that Samsung’s second-quarter operating mobile profits have overtaken that of Apple’s. These reports haven’t been confirmed as yet; however, Samsung did indicate that the company hit $5.6 billion in mobile profits in Q2. Hence, the slight disparity in figures might come from non-mobile sales. According to Strategy Analytics’ Neil Shaw, a senior analyst, “Samsung combined high sales volumes and …

IDC Reports Apple, Samsung Lose Smartphone Share

As per the reports of IDC, according to their financial reports for Q2 2013, Samsung and Apple remain the market leaders; however, greater growth is coming from lesser companies. Samsung and Apple are, in a way, losing smartphone share. IDC estimates that Samsung shipped 72.4 million smartphones during Q2, 44 percent higher than estimated. But apparently, Samsung’s share has receded …

Google Spent $966 Million In Waze Acquisition

Google disclosed Thursday that it paid whopping sum of $966 million for the acquisition of the Israel-based company behind the mapping app Waze. It was, though, previously speculated that Google had paid a little more than $1 billion. Reportedly, Google spent $847 million in goodwill, $188 million in intangible assets, and $69 million in net liabilities. This information comes from the Securities and Exchange …