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Playstation 4 taking gaming to the next level
Sony has announced that the PlayStation 4 is on it’s way, and it is looking to be very innovative in the way that it takes gaming to another level. Although they didn’t announce pricing details or indeed exactly when the playstation will arrive, they did divulge enough details to leave gamers salivating. Amongs new features such as a larger memory and faster Bluray drive, Sony is going...
Zynga Is Facing A Mobile Crossroads (NASDAQ: ZNGA)
Zynga is being looked at as a case study in how Internet companies can go from hot to cold in a short period of time. In the past few months, Zynga has experienced a serious downturn in momentum, lost vital employees, and saw its profits sink. The company was once said to be worth $20 billion when talks first started about its public offering. Just over a year later, the company’s value has...
Facebook’s New Search Feature Is An Exercise In Linguistic Innovation (NASDAQ:FB)
Facebook’s success is based on understanding how people present themselves, what they remember, and how they seek information. Facebook’s new search tool is designed to help users find answers to nearly any questions they can think of. The search tool answers queries by mining the data at the company’s disposal. Facebook’s ultimate goal is to draw more and more people to the site and...
Google Reports Better Than Expected Earnings (NASDAQ: GOOG)
Google reported earnings that were slightly higher than expected in the fourth quarter, surprising many analysts. Google earned about $2.9 billion, or $8.62 per share, during the fourth quarter. That compared to net income of $2.7 billion, or $8.22 per share, in the same quarter last year. Excluding the costs of employee stock compensation and certain other accounting items, Google would have earned...
Boeing’s 787 Dreamliner Grounded After Fire (NYSE: BA)
Boeing forecasted much of the future success of the company on the 787 Dreamliner, as the development of the the aircraft represented movement towards energy efficiency and innovative technology,. Unfortunately, the highly anticipated plane is now the subject of a federal investigation to determine why lithium-ion batteries caught fire on board. A history of the batteries shows various difficulties...
Yahoo Net Revenue Hits $1.09 Billion (NASDAQ: YHOO)
The third-quarter earnings results for Yahoo beat analyst expectations. Net revenue was $1.09 billion compared with $1.07 billion in the year ago period. Yahoo earned $177 million in income from operations and reported adjusted net earnings of $0.35 per share in the third quarter, after excluding a $2.8 billion gain related to the sale of Alibaba Group shares.
Yahoo future plans will attempt to...
Facebook Reports 32% Rise In Revenue (NASDAQ: FB)
Facebook’s mobile advertising revenue grew at a faster than expected pace in the third quarter. Advertising revenue rose 36% to $1.09 billion, up from 28 % growth during the second quarter. The total number of ads delivered by Facebook in the third quarter increased by 27% over last year and the average price per ad increased by 7%.
Mobile ads helped reignite Facebook’s overall advertising...
Universal Library Deal Struck By Google (NASDAQ: GOOG)
Google’s creation of a digital library sparked a seven-year battle between Google and the publishing industry. Trade groups for the authors and publishers filed a pair of lawsuits against Google in 2005 and the issue has been mired in legal battles ever since. Google announced the project in late 2004 and began scanning selected books into the digital library with the cooperation of several...
Weak PC Sales Result In Lower Profits For Intel (NASDAQ: INTC)
Weak PC sales dragged Intel’s sales and profits lower in the third quarter. Intel said that a weakening global economy and consumers’ shift to tablets cut PC demand to half of its third-quarter norm. The company’s PC chip sales fell by 8% last quarter. Intel doesn’t expect any improvement for the current quarter.
However, positive results from Intel’s data center unit and a...
Amazon Increases Access To Cloud Computing (NASDAQ: AMZN)
Amazon.com’s ultimate goal seems to be to give anyone on the planet access to almost unlimited computing power by expanding access to cloud computing. Its three giant computer regional centers in the United States each consist of multiple buildings with thousands of servers. Jeff Bezos, the chief executive of Amazon, is now interested in setting up cloud-computing installations for other governments.
There...