Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
Western Digital has won back the top spot in the global ranking of hard disk drive shipments in the second quarter 2012, said a new report from IHS iSuppli. The top position went to Seagate temporarily when WD’s Thailand plant was hit by flooding last year. The monsoon flooding in Thailand destroyed some parts of […]
Pandora Media, the online satellite radio service is expected by analysts to move to profitability after a year-earlier IPO. Wall Street forecasts a 2 cent per-share profit minus items, reversing the 3-cent loss in the year-earlier quarter, according to the consensus of analysts polled by Thomson Reuters. The company will report its third-quarter performance sheets […]
Semiconductor industry is declining by the day due majorly to the aching global economic health. KLA-Tencor and ASML Holding were two more companies that received the negative effect. The shares of both companies were down 3.4 percent down in late trading. Deutsche Bank’s downgrade of stocks hit both ASML and KLA, both had a 28 […]
VMware, a virtualization and cloud computing developers, showed off new product bundles, clouding packages and new pricing models in wake of the rapidly growing market. VMware is one of the biggest companies that specialize in cloud computing infrastructure. Moreover, VMware also develops tools that virtualize physical servers to run on different operating systems and software […]
Lexmark, the printer makers, announced on Monday that they will probe deeper into the inkjet printer market more and will undergo downsizing by a volume of 1,700 jobs. The company has seen a slow growth in consumer and corporate market and its share price has paid the toll. Lexmark, trading under LXK has seen a […]
Google, Inc. has come up with yet another service on its search engine Google.com. The new service Google Shopping will target shoppers that search for consumer products online and will connect them directly to the retailers. The main feature of the service is to add visualization to advertisements in search results. The search queries on […]
InterActive Corporation, IAC, announced Monday that it will acquire About.com and its parent company About Group for $300 Million from The New York Times Corporation. The acquisition is 100 percent to side with IAC and the company will pay all the money in cash to news giants. NY Times bought About Group in 2005 for […]
The aftermaths of the historic Apple-Samsung ruling is starting to show its vitals. Tablet display manufacturers Universal Display Corp. was the first company affected by the court decision. UDC’s shares fell 8.5 percent on Monday due to the fear that display demand might drop if Android tablets are banned. The nine-member jury passed the verdict […]
IBM (International Business Machine) follows the suit of its biggest competitors in enterprise solutions and acquires Kenexa, recruitment software makers. The company announced on Monday that purchase will finalize in December this year for $1.3 Billion in cash. IBM’s biggest rivals in the aforesaid business are Oracle and SAP, both of whom have acquired talent […]
Infoblox, data network automation equipment makers, have taken Microsoft directly in words. In terms of market share, Infoblox might be playing David vs. Goliath but its products are quite impressive to cater to the contemporary requirements. The company made its initial public offering this April due mainly to the reason that its market share is […]
Amazon.com’s biggest weapon is not the huge stock available online, nor is its Kindle device. It is the company’s Amazon Prime membership that spruce up its ecosystem. The company said Monday in a statement that its Prime Free Two-Day shipping is churning more profits than older Free Super Saver Shipping program. Though the company did […]
Facebook’s growth has slowed in the rankings of top social networking websites that are mostly US-based. But FB still is the top dog in the rankings with almost 10 percent share of monthly and weekly visits. Smaller social media networks like Pinterest and Instagram showed the most growth in visits. The latter witnessed a 17,319% […]
