Archive : Business

PayPal introduced “Log In with PayPal” which essentially is a new avatar of its PayPal Access feature for online merchants, the new feature is tailored for mobile devices. Paypal call it’s “commerce identity system” that will make it easy for shoppers to checkout using PayPal, consequently improving the user experience on merchant websites. It uses the Industry standard [...]

Apple reported  earnings for first quarter of 2013, it posted a quarterly revenue of $43.6 billion and quarterly net profit of $9.5 billion, Apple earned $10.09 per share on the revenue of $43.60 billion versus $12.30 a share on $39.19 billion a year earlier. Apple sold 37.4 million iPhones in the quarter, compared with 35.1 million in the same period a year ago.Apple was sold 19.5 million iPads versus [...]

Google’s Chairman Eric Schmidt has defended Google’s low tax payments in UK, claiming that Google operates within the law and is responsible for “billions of pounds” of spend in the country. Britian’s  Public Accounts Committee (PAC) has accused Google last December of “immorally” minimizing their tax bills. The Public Accounts Committee (PAC) claimed Google paid [...]

Twitter advertisers rejoice, Twitter has introduced changes to its ad platform which will let advertisers to target ads to Twitter users based on the words used in the tweets and deliver ads based on those keywords. The feature called ‘keyword targeting in timelines‘, and its available today in 15 languages and all markets. Twitter says that this does not mean more ads for the users, only that [...]

PC sales registered “steepest decline ever in a single quarter” by falling as much as 14 percent this quarter on a year over year basis according to a report by IDC, who had earlier forecasted a 7.7 percent decline,  this is the biggest decline since IDC started tracking the PC market nearly two decades ago. IDC’s full press release is posted below. PC Shipments Post the Steepest Decline [...]

Apple’s CEO Tim Cook apologized for the Apple’s iPhone warranty and repair policies in China. China’s state controlled media was criticizing Apple over its warranty policies. China said they were in violation of local law and not equal with Apple’s practices elsewhere in the world. Apple initially responded to the criticism through a message published on its website clarifying [...]

Apple has acquired WiFiSLAM which specializes in extending location data and positioning to indoor locations using Wi-Fi for “around” $20 million according to a report by The Wall Street Journal  that . WSJ also was able to get Apple to confirm the accquisition, but did not share its purpose for the company. According to the available description of the firm, the company has created technology [...]

Andy Rubin, who co founded Android a decade ago and spent several years at Apple as an engineer, spearheaded Android until now.  Google CEO Larry Page announced in a blog post that Android head Andy Rubin is moving on to other projects, and that Sundar Pichai is taking over. “Sergey and I first heard about Android back in 2004, when Andy Rubin came to visit us at Google. He believed that aligning [...]

Google’s plan to take on Amazon and Ebay were earlier reported by  The Wall Street Journal, Google is now reportedly preparing the launch of a same-day delivery service, Google Shopping Express according toTechCrunch. TechCrunch’s report says that the Google’s service would cost between $10 to $15 less than Amazon Prime’s service of free two-day shipping for $79 per year. Google’s [...]

Reports that Google has been looking for real estate for physical stores may not be true after all.  While speaking at the Mobile World Congress Google Android chief Andy Rubin  says that the company “Google has no plans, and we have nothing to announce,” when asked about the retail stores. At the same roundtable discussion Jamie Rosenberg, vice president of Google Play told The Verge that [...]