Nokia acquired by Microsoft for $7.2B will now attempt a chaotic revolution into a low-margin hardware company
Microsoft officially owns Nokia’s handset business, which is now old news. The $7.2 billion deal (much less than what Microsoft paid for Skype in 2011 and what Google paid for Motorola), and in one clear-cut leap it turns the software company into one of the world’s largest hardware companies, not only becoming the main source of Windows Phone devices but also taking on the hundreds of millions of low-end phones that Nokia currently produces for developing markets.
35-year old Gregg Steinhafel, Target’s chairman and chief executive officer is stepping down, as the enormous data breach before Christmas endured by the Minnesota retailer continues to churn the company. This decision is effective immediately, according to an announcement posted today on Target’s company website. John Mulligan, Target’s CFO, has been chosen as the interim president and CEO.Steinhafel on a speech to the media held himself personally accountable for the breach and gave assurance that Target would emerge as a better company, following the breach, the statement said.
Days when people had to settle for an Indian handset manufacturer when looking for an Android Smartphone under $200 are long gone. Global brands such as Samsung, HTC and Sony too have understood the potential and demand in this space and launched some amazing smartphones in the past couple of months. Here are some of the options that are worth considering when you decide to buy a Smartphone within your Budget:
HTC Desire 210: $193
Guess who generated a lot of buzz last week, its none other than Google as always! It gave the world a peep into the future, as only it can, this time with a innovative version of the company’s long-gestating self-driving car.
Unlike the versions that we’ve seen up to now, which was a modded-up Lexus SUV, this new independent vehicle looked like something out of a Pixar movie, a small bubble car with a faintly happy face on the front, and completely no steering wheel or pedals.
With each new day, ideas in the world of technology are increasingly becoming a reality, and now virtual reality is a reality. In 2015, the ability to play games and interact with the world will be possible through virtual reality headsets thanks to the upcoming Project Morpheus and Oculus Rift. These two products developed by Sony and Facebook respectively, are competing against each other to be the most cost efficient and innovative virtual reality device.
On July 25th 2014, Amazon will be releasing their first smartphone called, the “Fire Phone”. Amazon’s entry into the smartphone world puts them in competition with products like Samsung’s Galaxy and Apple’s iPhone.
Fire Phone has 3D imaging, 13 megapixel camera with optical image stabilization, 1080p HD video, a 4.7 inch HD screen, Dolby digital audio, 2 GB of RAM, and a 2.2 GHz quad-core Qualcomm Snapdragon processor.
Facebook was swamped with criticisms, last week when it started requiring its mobile users to download its Facebook messenger app separately for Android and iOS separate from its basic Facebook app.
Users grumbled about having to use the separate app to send messages, photos or videos to their friends. Other userswere concerned that the Messenger app raised the question of invasion of privacy.
Rumor has it that Apple is working on its smart watch concept also commonly referred to as the “iWatch” since late 2012. As it appears, the company seems to have accelerated the speed of its work on this innovation as it has been eager to expand its array of mobile devices to the wrist. Apple however has started trade marking the name in some of the countries in lieu of a late 2014 introduction; some reports say it could be in October.
For a leading technology giant that ranks itself as a something above the rest, it’s astounding for us to see how often Apple sits back and lets others pilot the way. The Apple users call this as virtue, while Android users name it as a weakness. We all remember the days when Steve Jobs used to make fun of large sized smartphones, but with iPhone 6 and 6 plus we feel like Apple is starting to surrender that bigger is better.
Apple Inc this week has become the first company to achieve a market value of $700 billion for its share resetting the trends in the tech industry, making apple the ultimatetech icon now that it has hit this huge milestone. The shares of apple rose 1% in morning trade to $119.75 at 1525 GMT, making its market capitalization $701.7 billion. The shares were fluctuating in a constricted range later.