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Apple CEO Tim Cook is giving up $75 million in dividends on restricted stock that the company is awarding to all of its employees.
In the summer of 2010, Signal Snowboards created the Web series "Every Third Thursday" to showcase the company's experimentation with funky concept boards. Think Science Channel’s "How It’s Made" — except with a lot more sass and a funkier setting.
What the Friday: Good luck eating this 18,239-pound chocolate Mayan pyramidFri, 25 May 2012 18:48:16 -0400
The private company SpaceX made history Friday with the docking of its Dragon capsule to the International Space Station, the most impressive feat yet in turning routine spaceflight over to the commercial sector.
After a number of failed attempts in the Android tablet market, Dell is looking to readdress the tablet space with Windows 8. According to a leaked document obtained by Neowin, Dell will launch a 10.8-inch tablet with 1,366 x 768-pixel resolution and a dual-core Atom processor later this year. The slate will also be equipped with a fingerprint reader, an 8-megapixel rear camera, a 2-megapixel front-facing camera, Intel graphics, 2GB of RAM and a massive 128GB solid-state drive. Unlike many other tablets, Dell has included a removable battery that will come in two sizes. A smaller battery will get between six and eight hours of battery life, while a larger one will offer between 10 and 12 hours of usage
Sony confirms Xperia Play will remain on Gingerbread due to gaming issuesFri, 25 May 2012 22:00:20 -0400
Sony Mobile on Friday confirmed that it no longer plans to update its Xperia Play smartphone to Android 4.0 Ice Cream Sandwich due to compatibility issues with the device’s gaming features, Phone Scoop reported. "Ice Cream Sandwich demands more from the phone hardware than Gingerbread," a Sony spokesperson said. "Android 4.0 is a more powerful OS and thus, more resource intensive – applications require more RAM, CPU power, and network bandwidth. From internal testing and feedback from the developer community on the beta ROM software release, we have seen a significant decline in user experience when running high performance games, as they are more demanding on the hardware. As gaming content is so integral to the core Xperia Play proposition, we cannot
PayPal earlier this year announced a partnership with The Home Depot that allowed customers to make point-of-sale transactions with their smartphones in more than 2,000 locations. The e-commerce company on Thursday announced that 15 new national retailers have signed on for PayPal’s in-store mobile payment service. These include, Abercrombie & Fitch, Advance Auto Parts, Aeropostale, American Eagle Outfitters, Barnes & Noble, Foot Locker, Guitar Center, Jamba Juice, JC Penney, Jos. A. Bank Clothiers, Nine West, Office Depot, Rooms To Go, Tiger Direct and Toys"R"Us. "We can’t wait to launch with these great retailers, and help them serve their customers better through PayPal," PayPal president David Marcus said. "Consumers are relying on technology now more than ever to simplify their lives when it comes
Australia and South Africa will share hosting of a giant radio telescope made up of thousands of separate dishes and intended to help scientists figure out the make-up of the universe, the international consortium overseeing the project announced Friday.
Facebook hit with another class action suit, this time over IPO debacleFri, 25 May 2012 19:30:36 -0400
Pennsylvania-based law firm Kessler Topaz Meltzer & Check, LLP on Friday filed a class action lawsuit against Facebook regarding the handling of its initial public offering, which was made on March 18th. On the day of its IPO, the company was hit with a privacy-related class action lawsuit seeking $15 billion in damages. This new complaint, which was filed in the United States District Court for the Southern District of New York, charges Facebook and multiple officers, directors and underwriters with violating the Securities Act of 1933 by failing to disclose or disregarding material adverse facts that were known to them. "The Complaint asserts that defendants failed to disclose at the time of the IPO that Facebook was then experiencing a severe and pronounced
Startup Partners With Top Designers, Celebrities on High-End Capsule CollectionsFri, 25 May 2012 18:33:42 -0400
According to a new report from online advertising network Chitika, smartphones and tablets now account for 20% of all Web traffic in the U.S. and Canada. Traditional PCs accounted for 80% of Web traffic, with smartphone traffic totaling 14.6% and tablets making up 5.6%, AllThingD reported. Chitika found that a whopping 95% of tablet Web traffic came from a version of Apple’s iPad, mainly the newest iPad, and 72% of smartphone traffic also belongs to Apple, compared to 26% for Android devices. The Cupertino-based company didn’t fare as well on the desktop side, which saw 85% of Web traffic from Windows machines compared to 13% from Macs. The report also noted that Windows Phone now accounts for a third as much
NEW YORK (Reuters) - Four of Wall Street's major market makers involved in Facebook's botched initial public offering last Friday expect their losses from technical glitches on Nasdaq's exchange to be around $115 million. A software error on Nasdaq OMX Group Inc's U.S. exchange delayed the social networking company's market debut by 30 minutes last Friday. Many client orders were delayed, leading to significant losses to some investors and traders as the stock price dropped. The exchange operator is facing lawsuits from investors and threats of legal action from brokers. ...
HP’s open source webOS team, known as Enyo, will reportedly be leaving the company and joining Google, according to The Verge. The computer giant in December announced its failed webOS mobile operating system would move to an open-source model under the name Enyo, with version 1.0 slated for release in September 2012. The website’s sources claim the entire Enyo team will not be headed for Google, but Matt McNulty, the head of the project, will be among those departing. This wouldn’t be the first time the Internet giant has hired former webOS workers; Android’s current design chief Matias Duarte oversaw the creation of the user interface for the operating system while working at Palm. It is unclear if the Enyo team
The private company SpaceX made history Friday with the docking of its Dragon capsule to the International Space Station, the most impressive feat yet in turning routine spaceflight over to the commercial sector.
