WASHINGTON — Apple Inc., the maker of the iPhone, now has to face a lawsuit about vanishing text messages. Reuters reported the case, Moore et al v. Apple Inc, claims consumers did not receive notice that their iMessage text message system would not let them receive incoming text messages if users switched to Android-based smartphones. The […]
WASHINGTON — European Union countries, short on cash and stable fiscal footing, are turning to American corporations to try to squeeze them out of money. The British, French and Italian governments made a run at Amazon and Google, but now Italy is turning its eyes to Apple. Reuters reported that Apple may have committed tax […]
WASHINGTON — BlackBerry abandoned its plan this past Monday to be sold on the market and said its CEO Thorsten Heins will step down from his post. Reuters reported that BlackBerry failed to come up with a sale that satisfied both the buyer and the company. As a result, their share prices plummeted 16% and […]
WASHINGTON — Apple saw its profits slide during September and as a result, investors and analysts remain skeptical of Apple’s holiday season sales. Reuters reported that Apple’s profits fell as its Chief Executive Officer (CEO) Tim Cook predicted a “really great” holiday sales season for the company. Apple sold 33.8 million iPhones in September and […]
WASHINGTON — Sony’s CEO’s shot to restore profitability to a once-proud Japanese electronics giant may backfire if a concrete plan for its smartphones is not implemented sooner rather than later, some say. Reuters reported that Sony CEO Kazuo Hirai plans to have his company’s smartphone, the Xperia, eventually take over the smartphones market from Apple’s […]
WASHINGTON — BlackBerry, scrambling to save itself from absolute insolvency and utter collapse, has agree to become a private company in a major sale. Reuters reported that BlackBerry, which was once Canada’s crown jewel in technology, agreed to a $4.7 billion deal with Fairfax Financial Holdings. Fairfax led this group and is a property and […]
WASHINGTON — Canada’s once proudest technology giant, BlackBerry, is on its last legs. Reuters reported that BlackBerry’s plan to be sold to another company or group of investors is hitting a wall as investors and analysts question whether BlackBerry’s operations will be sustainable after it is sold by November (at least that is the hope […]
WASHINGTON — Apple’s newest iPhone 5S garnered the headlines this week, but Wall Street investors were not as impressed. Reuters reported that the steep price for the new line of phones was the main point of criticism from investors. The $730 price in China chased any positive speculation away because it is more than the […]
WASHINGTON — BlackBerry shares rose as news of their buyout went public by 3%, which is an improvement from declining revenue and share prices since they rebooted their smartphone BlackBerry 10. Reuters reported that BlackBerry, which at one time was Canada’s shining example of a leading smartphone company, has fallen on hard times. Now, BlackBerry […]
WASHINGTON — BlackBerry, once a smartphones giant, is now accelerating their plans to sell the company later this year. Reuters reported that BlackBerry, which has been struggling for months, is expediting their sale to take advantage of competitor’s desire to obtain as much cell phone production as possible. The board of the Canadian company is […]