Amit Chowdhry | July 20, 2011 | 446 views | Add a Comment
Categorized under Intel, Paul Otellini

Intel Corporation (NASDAQ:INTC) has reported their Q2 revenues and earnings. Revenue for the three months that ended in June increased 22% year over year. Revenue was $13.1 billion. For the third quarter, Intel predicts that their revenue will be between $13.5-$14.5 billion.

Amit Chowdhry | July 20, 2011 | 480 views | Add a Comment
Categorized under Apple Inc., Apple Mac App Store

Apple Inc. (NASDAQ:AAPL) is preparing to wind down boxed retail software from their stores. Apple prefers that customers now buy Mac software from the Mac App Store. The products that will no longer be available for purchased in the form of boxed software includes iWork ’09, Aperture 3, iLife ’11, Apple Remote Desktop, and Jam Packs for Garageband. [AppleInsider]
Amit Chowdhry | July 20, 2011 | 772 views | Add a Comment
Categorized under Apple Inc., Barclays Capital, Evercore Partners, Google, InterDigital

Apple Inc. (NASDAQ:AAPL) and Google Inc. (NASDAQ:GOOG) are considering buying InterDigital, Inc. (NASDAQ:IDCC). InterDigital is a mobile-phone technology designer company that has about 1,300 patents in their portfolio. InterDigital has hired bankers to consider a sale. Evercore Partners Inc. and Barclays Capital are working with InterDigital to “explore and evaluate potential strategic alternatives,” said the company. [Bloomberg]
Amit Chowdhry | July 20, 2011 | 536 views | Add a Comment
Categorized under Claire Johnson, Google, Mastercard, World Financial Capital Bank

Google Inc. (NASDAQ:GOOG) is offering a credit card for advertising customers that would have a large credit line, no annual fee, and competitive interest rates. However the credit card would only be able to used for buying search advertising through the Google search engine. The AdWords Business credit card would be Google’s first attempt at vendor financing.

Amit Chowdhry | July 20, 2011 | 602 views | Add a Comment
Categorized under Microsoft Corporation, Microsoft Windows Phone 7

Microsoft Corporation (NASDAQ:MSFT) has announced that Windows Phone developers will be able to submit Mango apps starting on August 22nd.

Amit Chowdhry | July 20, 2011 | 459 views | Add a Comment
Categorized under Samsung Electronics Inc., Samsung GALAXY S II, Shin Jong-kyun

Samsung is expected to release the Galaxy S II smartphone in the U.S. next month according to Samsung’s president of mobile business and digital imageing Shin Jong-kyun. “We expect to release the Galaxy S2 in the U.S. market sometime in August,” stated Jong-kyun during a media briefing. Samsung launched the Galaxy S II in South Korea this past April. Then it was released in Japan and Europe shortly after. The Galaxy S II sold about 3 million units in under 2 months of the debut. [Yonhap News]
Amit Chowdhry | July 20, 2011 | 509 views | Add a Comment
Categorized under Apple Inc., Apple MacBook Air, Phil Schiller

Apple Inc. (NASDAQ:AAPL) has announced a new line of MacBook Air laptops. The new line of MacBook Airs have a new generation of processors, Thunderbolt I/O technology, flash storage, backlit keyboard, and the Mac OS X Lion operating system. The new MacBook Air starts at $999 and is available for order today.

Amit Chowdhry | July 20, 2011 | 522 views | Add a Comment
Categorized under Google, Google Labs

Google Inc. (NASDAQ:GOOG) is shutting down Google Labs. Google Labs is the company’s internal hub for testing product ideas. Google is shutting down Google Labs so that they can prioritize their product efforts. Google currently has about 56 ideas in Google Labs as of right now. Some of them include Google Body, Google Correlate, Google Scribe, Page Speed Online, Google Transliteration, Google Reader Play, App Inventor for Android, Google Share Spaces, and Fast Flip. [SiliconFilter]