Yandex debuted at 55% high. Yandex has raised $1.3 Billion in its IPO, pricing at $25 per share. It has sold 52.2 million shares and above the average range of $20 to $22 per share. Yandex is popularly known as the New Google. “Yandex has good growth to date, and I think they will in [...]
May 30 2011 | Posted in
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PC sales are experiencing a downturn these days. Thanks to Tablets. HP reported a 23 percent fall in its sales of desktops and consumer notebooks. Suffering similar setbacks is Dell; the brand accounted a 7 percent dip in its sales of computers. Acer, on the other hand nose-dived in its losses up to 16 percent. [...]
May 18 2011 | Posted in
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Ten years after and Apple continues to live a ‘crazy dream’. At that point (ten years ago) all the trade analysts and pundits were against it. They were unable to see or predict what the management at Apple long knew about the hidden potential. The difference is about finding a ‘way of doing it’. And [...]
May 18 2011 | Posted in
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In an important press release by Tim Truman, of the U.S. Department of Commerce, INTERNATIONAL TRADE ADMINISTRATION, details the use of the “The Kuala Lumpur (KL) Principles for Medical Device Sector Codes of Business Ethics” for this weeks dialogues and use amongst the 21 APEC Nations: FOR IMMEDIATE RELEASE May 14, 2011 COMMERCE TRADE OFFICIAL [...]
May 15 2011 | Posted in
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A national highly developed system which will be capable of sending alert messages on cell phone is being launched in New York, Washington. The system will be sending out the emergency alert messages to the cell phones of the nationals. The United States Federal Communications Commission and Federal Emergency Management Agency on Monday revealed [...]
May 11 2011 | Posted in
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The famous Japanese electronics company, Sony, unveiled two of its tablet computers which run on Google’s Android operating system. These tablet computers have come as a delayed but direct challenge to Apple’s iPad. The two tablets code named as S1 and S2 were launched in India and several other countries. They will be launched globally [...]
Apr 27 2011 | Posted in
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Apple has reported a record profit for the first quarter beating all expectations. The computer giant has seen tremendous increase in the sale of its iPhone which was not expected. This is great news for US technology companies as Apple is the second company in as many days to report profits that was unexpected by [...]
Apr 21 2011 | Posted in
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Intel Corp announced a record first quarter revenue on Tuesday. Intel reported a record $3.2 billion income in the first quarter, i.e. a 56 cents a share, compared to the $2.4 billion (43 cents a share) over the same period last year. US computer chip giant has surpassed expectations with record rise of 29 percent [...]
Apr 19 2011 | Posted in
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Volkswagen is all set to cash in on the much hyped, glamorous IPL (Indian Premier League) extravaganza. Volkswagen unveiled its IPL edition of the Sedan Vento. Vento is prices at Rs. 7.24 lakh, ex-showroom price. Volkswagen Passenger Cars Director, Neeraj Garg said that the IPL edition of Vento comes with IPL decals, plush leatherette seats, [...]
A $12 million partnership between Toyota and Microsoft was announced on Wednesday. The industry giants are teaming up to give rise to a new breed of smart cars. The purpose of the partnership is to create for the Toyota cars an advanced digital information and communication system. The joint venture is targeted at developing and [...]