Business articles

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Samsung Buys a 10 Percent Stake in Pantech

Samsung bought itself a 10 percent stake in Korea's third biggest mobile vendor, Pantech. The stake was purchased at 53 billion KRW ($48 million), yet it doesn't put Samsung on the company's board, or any of its vital operations. Samsung is its component supplier.

BBM Coming to Android and iOS, for Free

The biggest takeaway from BlackBerry's Orlando media event this afternoon wasn't the BlackBerry Q5, which takes BlackBerry 10 platform to the masses; rather the company's announcement of taking BlackBerry Messenger (BBM) to them, by announcing free Android and iOS apps.

Sharp Fires 5,000 Employes

Among many manufacturers who are struggling lately, the latest to that list is Sharp. To remain competitive and regain profitability, the company has decided to do some radical changes. The bad thing on that list is that about 5,000 Sharp employees will lose their job.

100 Million Windows 8 Licences Sold

Microsoft announced sale of its 100 millionth Windows 8 license, six months into the operating system's launch. One way of looking at it is that apart from the 60 million it sold last Holiday with heavily discounted prices, it only sold 10 million a month then on.

Sign-in with PayPal Button Simplifies Online Shopping

PayPal has a universal-login button of its own. Unlike Facebook's sociable button that insta-logs you into sites, PayPal's button reduces the hassle of filling up forms with online merchants, and of exposing your card/bank, down to 3 clicks and a single credential.

Tim Cook Confirms No New Devices Until This Fall

During the company's quarterly earnings call on Tuesday, Apple CEO Tim Cook said that the company is planning some amazing new hardware that will be introduced this fall and throughout 2014. This means no iPhone 5S and iPad mini 2 tablet until this fall.

$1500 Glass Explorer Edition Non-Transferrable

A select few developers may have paid $1,500 each, to be the first people with Glass Explorer Edition, but had to sign a contract that prevents them from making a quick buck out of the device by reselling it, sparking off a major debate in the IT and legal fraternities.

Microsoft Working on Smartwatches?

Microsoft is reportedly in the market for supply of 1.5-inch touchscreens. Unless it plans to integrate them into its next-generation Xbox controller, speculation is rife, that it has an active smartwatch project, indicating Redmond is after the $7 billion pie.

EA Bags 'Worst Company' Award, Again!

EA did it! For the second year in a row, the game publishing giant bagged the coveted dishonor of being labeled "America's Worst Company," by Consumerist magazine, beating Bank of America in a one-sided grand finale, and scores of other "bad companies."

Google Not After WhatsApp

WhatsApp completely denied ever being in talks with Google over its rumored billion-dollar acquisition deal, in a statement given to AllThingsDigital. This is the second time the company debunked being in talks with an internet giant over high-value acquisition.
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