Archive | June, 2011
Pandora IPO: $3 billion value at $16 a share
As expected, Tim Westergren and co. this week filed an IPO with the assistance of Morgan Stanley and J.P. Morgan and managed to raise approximately $235 million at $16 a share and 14.7 million shares of issued stock. The stock subsequently opened up today at $20/share before rising to $23/share, meaning that the streaming music […]
Continue reading...Apple retail guru Ron Johnson leaves to become CEO of JC Penney
15. June 2011
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One of the secrets to Apple’s success has been the strong executive team Steve Jobs assembled upon returning to Apple and subsequently assuming the CEO position. One of those executives was Ron Johnson, a retail vet from Target who helped spearhead Apple’s retail initiative in the face of overwhelming odds and detractors. Today, Apple boasts […]
Continue reading...Apple claims Samsung demand to see iPhone 5 and iPad 3 amounts to “improper harassment”
15. June 2011
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A few weeks ago, Apple scored a legal victory when a Judge granted its request that Samsung hand over to Apple attorneys 5 unreleased Samsung products as to better compare them to Apple’s own offerings. At the time, Judge Koh explained, In particular, the design and appearance of Samsung’s forthcoming products and packaging are directly […]
Continue reading...HP TouchPad coming on July 1
15. June 2011
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A few weeks ago, Matt Cador articulated that HP would be able to use the same strategy it used to become the top selling PC manufacturer to topple the iPad. “In the PC world,” Cador explained, “with fewer ways of differentiating HP’s products from our competitors, we became number one; in the tablet world we’re […]
Continue reading...Christopher Walken sketched on an iPad [Photo]
15. June 2011
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Check out this pretty nifty sketch of Christopher Walken done using the “Brushes” app on the iPad. Not too shabby at all. Flickr via Mr. Atrocity
Continue reading...How many iPhone customers sync their devices? Less than you think
15. June 2011
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Some of the biggest iOS announcements Apple made last week have to do with cutting the proverbial cord. For the first time since the original iPod debuted in 2003, Apple’s portable devices can now be activated without first tethering it to a computer. More than that, iOS 5 will now enable over the air updates […]
Continue reading...Apple signs patent licensing agreement with Nokia; Settles all litigation
14. June 2011
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Nokia yesterday announced that Apple has signed a patent licensing agreement for Nokia technologies, effectively ending all pending litigation between the two companies. Nokia’s press release reads as follows: Apple payments to Nokia settle all litigation and have positive financial impact Nokia Corporation Stock exchange release June 14, 2011 at 08:05 (CET +1) Espoo, Finland […]
Continue reading...LED call alerts and Vibration options in iOS 5 [Video]
13. June 2011
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Video of some new features in iOS 5, namely LED flashing for incoming calls and Apple’s intriguingly revamped vibrations pane.
Continue reading...Apple co-opting third-party app features in iOS 5: Fair or Foul?
13. June 2011
Apple’s iOS 5 update brings with it a number of long sought after changes, from a revamped notification system to the ability to use the volume button to take a photo. The unfortunate but inevitable fallout that results from a major iOS update like this is that Apple often replicates the functionality of third party […]
Continue reading...Etisalat claims next-gen iPhone with LTE support on the way, subsequently retracts statement
13. June 2011
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The United Arab Emirates carrier Etisalat caused quite a stir last week when it relayed a quote from its Chief Corporate Communications Officer, Ali Al Ahmad, indicating that the next-gen iPhone will support LTE. “Yes, we are in talks with most smartphone manufacturers including Apple on the rollout of the 4G handset, iPhone 5 later […]
Continue reading...iPhone 5 said to be in final testing stage; set for September launch
13. June 2011
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Citing a previously accurate source, 9to5Mac relays, amongst other information, that the iPhone 5 just reached the final testing stage and is already being toted around by the higher ups at Apple and carrier executives. As for a release date, there’s been lots of talk of a Fall release date and the report confirms this […]
Continue reading...Why Google Wave failed
13. June 2011
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Google Wave. A perfect example of what makes Google so great, and yet at the same time, flawed. Interesting technology coupled with clumsy execution. Google notes that Google Wave is no longer under active development, though users can still use the service and create new waves. What makes the failure of Google Wave to gain […]
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15. June 2011
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