Category Archives: Misc Tech News

Manchester City Defender Micah Richards Quits Twitter Over Racial Abuse

Micah Richards  , the Manchester City defender has decided to close his Twitter Account after his Twitter page was flooded with racially motivated comments. His spokesman has said that Micah Richards finally decided to ditch Twitter after being racially attacked … Continue reading

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Europeans Protest Against ACTA

There are reports that tens of thousands of Europeans have poured onto streets in freezing cold to protest against the Anti-Counterfeiting Trade Agreement ( ACTA ) . The protesters have fears that it ACTA will bring in Internet censorship and hit at … Continue reading

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New Sony Chief to Focus on Leaner Organization

The new CEO of Sony , Hirai , has said that he would like to see Sony as a leaner outfit with more integration . He told Financial Times in an interview that he would be following up on the … Continue reading

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Oracle to Buy Cloud Based Recruiting Software Company ,Taleo for $1.9 Billion

Oracle has finalized plans to buy Taleo , a company that makes web-based recruiting software for a consideration of $1.9 billion , in a effort to keep pace with the fast paced cloud computing era. This is a quick response … Continue reading

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Kodak to Stop Making Digital Cameras

In an ironic twist of fate , the inventor of handheld camera, Kodak , has planned to stop manufacturing digital cameras , digital picture frames and pocket video cameras starting first half of 2012 in a desperate bid to cut … Continue reading

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Lenovo Posts Better Than Forecasted Results for Q3

Lenovo , China based and Hong Kong listed company has beat forecasted figures and posted a net profit of $153.46 million for Q3 ending December which is up 54 percent from the previous year. Lenovo has been reporting good results … Continue reading

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GigaOm Acquires paidContent From Guardian News

GigaOm , a leading tech media company , has acquired ContentNext Media from Guardian News . ContentNext is the parent company of paidContent. The sum of the deal is undisclosed . Purchase of ContentNext will mean that GigaOm will be … Continue reading

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Cisco Reports Better Than Expected Results for Fourth Quarter

CISCO has reported a net income of $2.2 billion for the quarter ending Jan. 31 . Earnings per share is 47 cents against a predicted 43 cents . Revenue stood at $11.5 billion against a predicted revenue of $11.23 billion. … Continue reading

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Groupon Posts Loss , Shares Slump On Slow Growth Concerns

Shares of coupon site Groupon slumped by 20 percent to close at $20.90 today as the company resported loss in the fourth quarter results , the first after the IPO that valued the company at $10 billion . Though the … Continue reading

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Virgin Media Reports Its First Ever Annual Profit

After three decades of losses for the British Cable Industry , Virgin Media has finally announced annual profit of £75.9 million  for the year 2011. Virgin is the only remaining cable company of UK . It was formed in 2006 after … Continue reading

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