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Something that hasn’t happened since 1995 was announced by the one of the biggest companies in the world. Apple will begin paying out dividends in July at $2.65 a share. The following fiscal year they will be buying back up to $10 billion and this is all under Cook’s supervision, which seems to come with a different idea than the late Steve Jobs.
It’s really no surprise that Apple Inc. has managed to accrue so much wealth over the years. With their latest addition to their portfolio – the new iPad – they have already sold more than 3 million devices, making them a best-seller in the first weekend it was out.
Being that that Cook has held the spot at CEO for less than a year, many have stated that a new type of management is coming to the company. Without doubt, the pay out of dividends is very different than what Steve Jobs did during his time, especially because he said capital preservation was essential for Apple. +Continue Reading
Those who had the chance to watch “The Social Network” film can remember Jesse Eisenberg playing Mark Zuckerberg; always wearing jeans, a t-shirt and regular sneakers. That’s exactly how the comedian Andy Samberg portrays him as well, especially in his skits on Saturday Night Live. Samberg was also pretended to be Zuckerberg at last year’s f8, where it took a few minutes for people to realize that it was Samberg and not Zuckerberg on stage.
What started as something small – Facebook – today can be translated to 3,200 employees and 845 million users and counting.
The problem that Zuckerberg has encountered is his age, which has contributed to him having an identity crisis. Perhaps not for himself, but for the rest of the world that saw him as a boy who could face difficulties dealing with the real world and real business. Many would point out his lack of experience since he didn’t have history of any stable jobs, and even though the internet was going strong, his actions could have destroyed Facebook. +Continue Reading
James Whittaker was a former Google employee who recently quit. He is a technology executive that worked towards making the Internet a better place for both users and developers alike. After his departure from the renown Internet giant, many were wondering why he had left. Well, here’s his story.
James was very involved and passionate about Google. He spoke at several of the conferences held by Google, helped with the testing blog, and worked on promoting Google everywhere he went. It was a shock to James as well as everyone else when he finally stopped.
So what’s the main reason? He lost passion for a company once driven towards technology, innovation, and a commitment to employees – that same company he was so fond of in the beginning turned into an ad company with their focus only on money. +Continue Reading
Apple’s stock does not know when to stop climbing. Analysts are sure just to give up scribbling new numbers all the time. The consensus was that Apple would topple even a little in a post iPad throng. Despite expectations that the tech gargantuan would hit its head on the ceiling, his head burst right through and he is still standing taller everyday. There seems to be no end, even at share prices of $560.
Stocks are up 5% right from the debut of the new iPad by Tim Cook, Apple CEO, last week. Just since Valentine’s Day Apple stock has risen 10%, from $500 per share. To date this year Apple is at a 38% increase, which is not something to wag your finger at.
In sharp contradiction are analysts’ sentiments and predictions. Peter Misek, analyst for Jeffries & Co., raised his price target this week to as high as $699. Goldman Sachs’ Bill Shope pushed his up to $660 last week. Following suit were Ben Reitzes of Barclays Capital at $710 and Shebly Seyrafi at FBN Securities at $730. +Continue Reading
The leader in the processor industry, ARM, has been producing a wide array of microprocessors since 1990. Today, they have made it public that they will be releasing the ARM® Cortex™-M0+ processor, which happens to be the most efficient processor in the world regarding energy.
What makes the Cortex™-M0+ so effective is the fact that it has been completely enhanced to work with low levels of power, and also consume low-cost MCUs as well as the use of smart control systems. Being the latest item added to the collection, the Cortex makes use of about 33% of what a regular 16-bit processor puts to use when functioning. On top of that, it has the capability of raising the bar for the performance level, which is also better than that of a regular 16-bit or 8-bit processor.
With the Cortex™-M0+ now available, consumers will have the opportunity to upgrade to 32-bit devices, since they will be able to improve the overall performance of their devices without having to give up power or any other feature. +Continue Reading
Among the hundreds of file-sharing sites, the MPAA is going strong against the well-known site Hotfile. Without any doubt, Hotfile ranks amongst the most used and best known sites on the Internet, and as a result it has become the enemy of Hollywood.
Ever since the MPAA sued the site on February 2011, there have been multiple actions taken up on the case, which includes court filing after court filing. Furthermore, Hotfile decided to file a lawsuit against Warner Bros. – which happens to be a member of the MPAA – claiming that they were exploiting their copyright means. However, this very same week the MPAA has decided to make a significant move by filing a motion in Florida, which calls for summary judgment.
By doing this, the MPAA is hoping to take down Hotfile very soon and they’re going to try to steer away from having to go months in court. They are also comparing the site directly to Megaupload, which would make it in essence just as bad. The description used in court papers state that Hotfile has been put together around violations to copyright. +Continue Reading
Apple iOS and Android are experiencing issues with third-party apps that are trying to illegally access user photos, according to the New York Times. Some might say that no one is perfect, but this doesn’t work when Apple and Google are involved.
Privacy problems have certainly been trending upward this year: Facebook, Google, Apple, and many others have encountered issues.
On iOS, this security vulnerability is a problem on apps that require access to location information. If access is granted, the app can copy the user’s photo library, without informing the user. Normally, an app would alert the user whenever private information is accessed. The New York Times asked a developer to build an app that collected photos and location information from an iOS device. When they tested it, the d this app to access user’s location data, the app started to export photos and their location data to a remote server. +Continue Reading