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Farasat Ali
Joined on: Nov 30, -0001 Published stories: 309

Articles By Farasat Ali

Facebook set to develop own games after Zynga agreement

The fate of Zynga is no longer tied to Facebook after the social network failed to get the exclusivity right of Zynga games. A new agreement has loosened the dependence between the two companies, which began to be harmful to both parties. The possibility that Facebook can make their own games caused Zynga to take immediate action after their stock […]

Ballmer blames Microsoft for being late in the tablet market

Steve Ballmer, CEO of Microsoft, blamed and self criticized his own company in a shareholders’ meeting on innovation of their products in the past year as well as for its financial results. Ballmer revealed that the technology giants acted like a tortoise in the ongoing race of innovation and were second best in adopting them to new […]

E-commerce in Spain break records but slows down expansion

E-commerce in Spain continues to break records despite the overall deterioration and economic recession. According to the reports, the Commission’s Telecommunications Market (CMT), has a massive turnover amounted to 2,640.8 million Euros from April to June. It reaches a new era because each Internet access is becoming increasingly widespread and overcome the fears to make purchases online. […]

Google declares losses in Spain

Google is one of the companies who are showing international concerns over their ability to transfer profits from one jurisdiction to another and avoid for being taxed only on their earnings. The company, which dominates the digital advertising market, has reported losses in its Spanish subsidiary, Google Spain, for the second consecutive year, according to an […]

Intel Joins war of mobile processors

Intel, the leader in PC processors, remained slow to take the plunge and enter the mobile world. In February, during the Mobile World Congress in Barcelona, ??the company announced their intentions to begin equipping Android mobile chips. They fancied the likes of Motorola, Lenovo, ZTE, Hindu Lava and Europe, Orange at the conference. The promises of […]

Samsung posts record profit after launching tablet and Galaxy range

Samsung tablets have helped the company in recording a massive profit in the third quarter of the year. However, these stats could possibly change with the incursion of mini tablet in the market offered by technology giants, Apple, named iPad Mini. While the Korean company’s last quarter sales soared during the start of the year, Apple lost […]

Sony, Sharp and Panasonic in crisis

Three Japanese giants are in trouble at the moment: Sony, Sharp and Panasonic. Though the three closed the first half in the fiscal year comfortably, the companies could get out of the depression with a change in leadership. Sharp and Panasonic are forced to pit with combined losses exceeding 12,000 million Euros respectively. For Sony, the new president, Kazuo Hirai, […]

Gmail becomes world’s most popular webmail

Eight years ever since its inception, Gmail has surpassed the beloved mailing server, Hotmail. Gmail has been created by Sabeer Bhatia and Jack Smith in 1996, but a year later acquired by Microsoft who, over the years has changed its name. A year ago, Google had claimed to be number one in the bussines with […]

Apple suffers record loss at Stock market

It was September when the technology giants, Apple, touched the very peak at NASDAQ, with their stock trading above $ 705. However, the stock closed at $ 595 in October. In between, apparently, they became relatively popular because of their new products after witnessing long queues at the shops to buy them. However, it seems like they decreased their users […]

Apple and Samsung lead the race in Smartphone sector

The smartphone industry is all about the two technology giants in recent years: Samsung and Apple respectively. However, Samsung have extended their lead over Apple in the world of Smartphones (35% vs. 17%) in the third quarter. Nokia, that remained on the top of this sector for many years on the other hand, dropped down to the 6th place […]

Facebook records third-quarter losses

The social network, Facebook, have suffered losses of 59 million dollars (45 million Euros) in the third quarter, compared with profit of 227 million in the same period last year, due to heavy tax provisions relating to the payment of remuneration in shares.  However, the company’s revenues grew 32% in the third quarter to 1,262 […]

Samsung sees record profit on record sales

The Korean automaker re expecting their operating profit reach a record of 8.1 trillion won (5.607 million Euros) for the third quarter of its fiscal year, 91% more than a year ago, driven by the sales of its Galaxy Smartphones. Samsung, who are the main rival of the technology giants Apple, announced a profit despite […]

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