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Facebook’s Founder Loses $3 Billion in Two Days

Facebook has been struggling to stay afloat since its IPO event a few months ago. In the last three days, Zuckerberg has lost $3 billion from his own personal net worth, bringing ...

Sprint Loses Money, But Sells 1.5 Million iPhones

Sprint recently shut down its Nextel network, its Network Vision project, and withdrew its investment in Clearwire. Because of these massive changes, Sprint reported a loss of $1.37 billion (46 cents a ...

Samsung Shipped More Smartphones than Apple Last Quarter

Samsung’s total number of smartphones shipped last quarter was nearly double that of Apple’s shipped phones, quarterly reports and Juniper Research indicate. Samsung estimates they shipped some 52.1 million smartphones worldwide, while ...

Google Paid $12.4 Billion for Motorola – Patents Only Worth $5.5 Billion

Google paid quite the premium some months ago to acquire Motorola Mobility. Yesterday, Google filed a document with the SEC to outline the exact worth of Motorola Mobility and what the search ...

iPod: Not Doing Too Hot, According to Report

The iPod has long been associated with the resurrection of Apple itself; however, it now seems to be fading out of popularity, a recent quarterly report indicates. Last quarter, 6 million iPods ...

AT&T: We Don’t Mind Lower Smartphone Sales

AT&T’s smartphone sales fell nearly 8% last quarter, and the company appears never to have been in a better mood. In fact, the fall in smartphone sales improved their second-quarter profits significantly, ...

Apple Seeking $2.5 Billion Damages from Samsung

Apple has been pursuing Samsung for several patent infringements in the past few weeks, and now the iPad maker has upped the ante: they now demand that Samsung fork over some $2.5 ...

Over 100% Wireless Broadband Coverage in South Korea

South Korea is the first country to go over 100% wireless coverage, according to the Organization for Economic Cooperation and Development. Worldwide, the OECD shows that subscriptions to wireless Internet have been ...

Samsung Galaxy Hits 10 Million Sold Ahead of Schedule

The chief executive of Samsung predicted at the beginning of the year that the Galaxy S3 would hit over 10 million units sold by the end of July. It appears, however, that ...

Windows 8 Comes to the Public on October 26th

Microsoft has long danced around the exact availability date of Windows 8, but yesterday they announced that (without further delay) it will be launched for public use on October 26th. On this ...

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