Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
(Reuters) – Apple Inc’s share of China’s booming smartphone market slipped for a second straight quarter in October-December, as it lost ground to cheaper local brands and as some shoppers held off until after the iPhone 4S launch last month. China, the world’s largest mobile phone market, has not been easy for Apple, which is […]
(Reuters) – Apple Inc has asked a bankruptcy court for permission to sue Eastman Kodak, accusing it of infringing its patents. In a court filing on Tuesday in New York federal bankruptcy court, Apple said it wanted to file a complaint against Kodak at the International Trade Commission. Apple said the suit would seek […]
(Reuters) – Three former executives of disgraced medical equipment and camera maker Olympus Corp were arrested on Thursday over their role in a $1.7 billion accounting fraud, one of Japan’s biggest corporate scandals. The three had been identified by an investigative panel, commissioned by the company, as the main culprits in the fraud, seeking to […]
(Reuters) –U.S. and European regulators approved Google Inc’s $12.5 billion purchase of Motorola Mobility Holdings Inc and said they would keep a sharp eye on the web search giant to ensure patents critical to the telecommunications industry would be licensed at fair prices. It was one of a series of approvals on Monday that underscored […]
(Reuters) – Apple Inc raised the stake in an intensifying global patent battle with Samsung Electronics by targeting the latest model using Google’s fast growing Android software, a move which may affect other Android phone makers. Apple has asked a federal court in California to block Samsung from selling its new Galaxy Nexus smartphones, which […]
(Reuters) – Facebook’s corporate governance rules, which give shareholders little say in how the social networking website would be run as a public company, are raising the hackles of one of the largest U.S. investors, the California State Teachers’ Retirement System. The pension fund, which has a portfolio valued at around $145 billion, is planning […]
(Reuters) – About a year ago, when it became clear that taking Facebook Inc public was a matter of when not if, Chief Operating Officer Sheryl Sandberg went out and poached Caroline Everson, then global advertising head at Microsoft Corp. Landing an executive with Everson’s pedigree was a coup – prior to Microsoft, she was […]
(Reuters) – It’s the year’s hottest initial public offering, but some wealth managers find themselves having a hard time recommending Facebook to their clients. The world’s biggest social network is expected to seek a $75 billion to $100 billion valuation in its IPO, the most anticipated stock offering from Silicon Valley since Google Inc went […]
(Reuters) – Internet activist group Anonymous published a recording on Friday of a confidential call between FBI agents and London detectives in which the law-enforcement agents discuss action they are taking against hacking. British police said they were investigating reports of the illegally recorded call, and the FBI said a criminal investigation was under way […]
(Reuters) – Facebook unveiled plans for the biggest ever Internet IPO that could raise as much as $10 billion, but made it clear CEO Mark Zuckerberg will exercise almost complete control over the company, leaving investors with little say. The Harvard dropout, who launched the social networking phenomenon from his dorm room, will control […]
(Reuters) – Facebook is expected to submit paperwork to regulators on Wednesday morning for a $5 billion initial public offering and has selected Morgan Stanley and four other bookrunners to handle the mega-IPO, sources close to the deal told IFR. The company founded by Mark Zuckerberg in a Harvard dorm room in 2004 picked Morgan […]
(Reuters) – Europe’s second-biggest electrical goods retailer Dixons Retail said on Tuesday that its chief executive was leaving the company to join the world’s most valuable technology corporation, Apple, as senior vice president of retail. John Browett, who is scheduled to leave the company in April, would be replaced by group operations director Sebastian James. […]
