ARM has had a great quarter — again. This time it’s seen pre-tax profits soar 44 percent, while revenues are up 26 percent (to $209.4 million) since the same period last year. The company’s thanking the continued adoption of its low-power chip de…
Samsung is announcing its earnings estimate for Q1 2013, and everything seems to be on the upswing. The company thinks its operating profit will land between 8.5 and 8.9 trillion won ($7.56 – $7.92 billion) for the quarter — tha…
In late 2011, JCPenney hired away Apple retail chief Ron Johnson to serve as CEO and reinvigorate the company after two years of declining revenues. But now The New York Times reports that after over $4 billion in lost sales and a yea…
Facebook’s Director of Mobile Partnerships, Emily White, is heading over to Instagram, fostering partnerships and growing the hugely-popular photo sharing service’s revenues as director of business operations, reports All …
You might not have heard of Rakuten, but with multi-billion dollar revenues the company is the largest e-commerce site in Japan — and it’s been expanding with the purchase of Buy.com in 2010 and Kobo in 2011. (It also led a fund…
The last thing struggling HTC needs is to take on the acquisition of Panasonic’s smartphone division. However, according to Japanese business rag SankeiBiz, the Taiwanese OEM is among several candidates in talks to do just that. The other frontrunner is semiconductor fabricator TSMC. At this stage it sounds like Panasonic is merely shopping the idea [...]
The component shortage that has forced HTC to delay their flagship One handset is the direct result of of the Taiwanese company’s dropping position as a power player in the mobile industry, The Wall Street Journal reports. Component suppliers no longer view HTC as a “tier-one customer” after wavering revenues have forced the Android phone maker to [...]
Despite Kim Dotcom’s protestations, there’s no doubt that a lot of people used Megaupload to download pirated content. Now, a new study from Carnegie Mellon’s Initiative for Digital Entertainment Analytics suggests that the shutdown c…
For streaming music service Pandora, advertising revenues haven’t kept up with increasing licensing costs, even causing the company to cap its free mobile service at 40 hours per month. But that could soon change, with developme…
Today has been full of good news for the music industry — we just heard that revenues grew for the first time since 1999, and now an NPD study claims that free streaming services are helping to reduce peer-to-peer music …
