China Mobile, the world’s largest mobile phone carrier, said it was still in talks with Apple to sell iPhones.
In a conference speaking to reporters, Xi Guohua, the chairman of China Mobile, said Wednesday that his company had no announcement to make on any deal to carry Apple’s smartphones. He spoke as rumours that the two companies were about to announce a deal that would allow Apple to sell iPhones through China Mobile.
For months, if not over a year now, there has been persistent reports that China Mobile and Apple were… Read More
As the rise of the telecommuting is imminent, we also have an increasing need for proper systems and workflows to account for global teams of contractors, freelancers, and other consultants who’d work on projects across time zones and on multiple types of projects.
While we agree that there are numerous options for project management software, not all of them are built equal.
Some tools we know are loaded with way too many features for small businesses (with team sizes of anywhere from 1-5). Sometimes, you need simpler, smaller, and more nimble tools. No matter which tool you’d pick,… Read More
Yahoo’s recent US Securities & Exchange Commission filing has revealed that nearly one-third of its revenue last quarter — 31% — came from its search deal with Microsoft. The report by Bloomberg shows that’s far higher than the “more than 10%” figure Yahoo previously acknowledged.
The company outlined the portion of revenue it gets from a search agreement with Microsoft Corp. (MSFT), following inquires stretching back several months, according to new regulatory filings that were made public yesterday. Yahoo, which had previously said the deal comprised more than… Read More
Chinese Internet firm Qihoo 360 Technology Company has increased its investment on Brazilian cloud-based online security company, PSafe Tecnologia, by leading a $30 million round last week.
Besides Qihoo, Redpoint Ventures, Redpoint e.ventures and Pinnacle Ventures were also participants in the new financing round. With the new investments, PSafe is now valued at approximately $130 million.
Qihoo 360 becomes the largest investor in PSafe, with Redpoint right behind it. However, the stakes were not disclosed for the investment companies. Still it is thought to be one of the largest investments by a… Read More
Apple on Monday, confirmed that it had bought Topsy Labs, a research company that could help Apple better understand what people are talking about on social media networks like Twitter.
Topsy focuses on analyzing the half a billion messages sent over Twitter every day. The company has indexed every tweet ever sent and has made them searchable, much like Google does for the web. The company also helps clients analyze tweets for various business trends.
It is not clear the purpose of Apple a hardware company buying Topsy.
The drone, as constructed today, looks like a barbecue grill, attached with eight propellers and a basket to it and will be used to deliver small items to people’s houses. He envisions this drone delivery as easy as a milkman delivering milk like the old days.
Mr. Bezos announced this on CBS’ 60 Minutes program. Though the news was the talk of watercoolers everywhere, it seems like Mr. Bezos had another… Read More
China Mobile will finally be the first carrier to offer 4G LTE in China on Dec. 18, followed by China Unicom and China Telecom, the country’s other two major carriers, according to Xinhua.
The launch of 4G in China is good news for Apple because the company can start offering their latest iPhone models compatible with TD-LTE, the 4G standard used by China Mobile. The timing couldn’t be any better because in September, after years of negotiations, Apple secured the final government license needed to run the iPhone on China Mobile’s proprietary… Read More
Stan Shih, the founder of Acer, was named chairman of the computer maker. Mr. Shih returns to lead Acer, after several years of hard times.
Stan Shih, co-founded the company in 1976. He is among several founders who have left and returned, including Steven P. Jobs at Apple and Michael Dell of Dell.
Mr Shih has a huge challenge ahead of him. PC sales, Acer’s main line of business, are slumping as people turn to smartphones and tablets. As this consumer trend is happening, Acer is having a difficult time adjusting. The… Read More
Umeng, a Chinese analytics provider startup, confirmed that it was acquired by Alibaba.
The young startup has collected data from 180,000 apps and 590 million active devices throughout China. Alibaba, the Chinese e-commerce giant reportedly on on the verge of going public, now has another e-commerce business under it.
Both companies did not disclose the value of the deal. However, it was rumored back in the spring to be worth $70 to $80 million. The startup was part of Kai-Fu Lee’s Innovation Works incubation program and was infused with $10… Read More
Two large online travel agencies have hired India’s top celebrities to be their pitchmen.
Musafir.com, the online travel agency based in the United Arab Emirates, last month announced it hired Mr. Tendulkar, India’s most revered athlete and one of the most recognizable faces on the subcontinent, as its “brand ambassador.”
Sachin Tendulkar, swung his final cricket bat on Friday ahead of one of the most watched and talked-about retirements from athletics in India. He will now trade in his cricket uniform for a red turban and a fake mustache and a career in… Read More
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