Category archives for: Sci-Tech

Amazon releases first digital comic book Blackburn Burrow

Amazon furthers its entertainment business into yet another dimension. The company released its first digital comic book Blackburn Burrow on Wednesday. The largest e-retailers in the world has been lacking its own digital entertainment content and though it is a little late on its arrival into the entertainment business, it is worth plunging into the […]

Acme Packet has near future prospects in upward direction, predicts RBC

Acme Packet, the developers of voice over phone lines products, are yet to see progression in their stock value. Its share price in the market has fallen more than 75 percent in a year and a half, with 37 percent fall this year. However, the latest rating from RBC Capital Markets might give some boost […]

GoDaddy under cyber attack, hacking community Anonymous takes the blame

The hacking community is again in action. The group claimed the responsibility of the outage on all the websites either hosted by GoDaddy.com or whose domain names are managed by their register. GoDaddy experienced the outage starting this Monday and its periodically updating the public on the official Tweeter account. The company said it has […]

Apple IDs were stolen from Blue Toad servers, says CEO Paul DeHart

Hacking group AntiSec, earlier this month, claimed that it has stolen some 12 Million Apple ID from an FBI agent’s laptop computer. It published the file with all the IDs and platform it uses on the internet on September 4. However, a recent development has made AntiSec’s doubtful. A privately held Florida-based company Blue Toad […]

Mellanox stock down for two days running, 8.3 percent fall on Monday

Mellanox is in hard water this time around. For the second consecutive day, the shares were down because of possible slow growth in the coming days and the departure of its chief financial officer. The company had been running a hot streak since last year and its share price was up more than 200 percent […]

Palo Alto Networks beat estimates, revenue growth in double digits

Palo Alto Networks released the first public quarterly report on Monday and beat the analysts’ prediction on revenues. This was the company’s fourth fiscal quarter report and the first one after going public in June this summer. The company surpassed expert opinions on sales, revenues and profit per share. Financial analysts at Wall Street had […]

Alibaba claims its transaction volume will beat Amazon and eBay combined this year

Alibaba Group is making a pretty penny and will further its sales volume by the end of this year. These were the remarks from Zeng Ming, Alibaba’s chief strategy officer. Ming went on to say that the company’s value of merchandize will surpass that of Amazon and eBay combined. The company holds a major share […]

Amazon says the opt-out option on advertisements will be offered with Kindle Fire release

Amazon.com announced on Sunday that it will offer its customers to opt out of receiving special offers advertisements on their new Kindle Fire HD tablets of $15 extra. The company said in the statement reported by Reuters that it will make the opt-out offer upon the commencement of sales in September of its 7-inch Kindle […]

Mellanox down 8 percent Monday after downgrade in share ratings

Mellanox, an Israeli chip making company saw a booming year 2012 with profitability rising exponentially. However, in the latest ratings from Stifel Nicolaus resulted in a drop of 8 percent in the company’s shares. Mellanox reported a more than 250 percent growth rate during this year compared to the last fiscal term. And it is […]

Intel lowers its third quarter revenue targets after disappointing laptop sales

Intel has lowered its expectations on Q3 revenues after the disappointing sales performance of notebooks. Intel shares were down 1 percent in the pre-market trading after the release of the report. The company lowered the bar 7.3 percent from previously expected $13.8 Billion to $14.8 Billion in sales to $12.9 Billion to $13.5 Billion. “Relative […]

Audience share dive 67 percent after the fear Apple might scratch contract

Shares of audio enhancement chip makers, Audience, fell a whopping 67 percent late Thursday, a near-crash experience. The slide started after the company announced that its biggest purchaser Apple will not be buying the merchandise anymore. Audience develop and manufacture voice enhancement chips for electronic gadgets that boast voice calls. Their products discern the background […]

Europe telecommunication sector hopes for leeway from regulators

Europe’s economic woes still loom over the heads of the masses. Unemployment rates are soaring and industry after industry is tumbling. Telecommunication sector is no exception to the premise and Euro regulators are not helping the cause. One of the most viable options that telecom companies have for finding a way out of the oblivion […]

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