Daily Archives: March 18, 2012

Huawei hits Creative with $8 million countersuit over failed Singapore WiMAX service

March 18, 2012

Last month Creative, and its subsidiary firm QMax, sued Huawei for $9.3 million alleging that the firm was responsible for the failure of a WiMAX network in Singapore. Today, Huawei is reported to have turned the tables and countersued over the now closed service, according to Straits Times. The Chinese firm is claiming that is...

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Where art, technology (& hipsters) meet [photos]

March 18, 2012
Where art, technology (& hipsters) meet [photos]

This weekend, San Francisco’s first Creator’s Project — a collaborative program between the media company Vice and Intel — kicked off, showing off works of art that incorporate technology, software and connectivity. Johan Jervoe, VP of Creative Digital Marketing Services for Intel, explained that The Creator’s Project was developed three years ago as “a...

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How Startups Are Key To The Economic Recovery

March 18, 2012
How Startups Are Key To The Economic Recovery

Editor’s Note: This guest post is written by Justin Moore, the co-founder and CEO at Axcient, a data backup, disaster recovery and business continuity platform. Despite the promise brought by the latest round of successful IPOs and rallying public markets, the news continues to be filled with headlines around the possibility of a “false...

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POLL: What Will Apple Do With Its $100 Billion Cash Pile?

March 18, 2012

Apple is holding a conference call at 9:00 AM on Monday to discuss the result of its internal discussions regarding its ~$100 billion cash pile. Obviously, a dividend is one possibility, but that’s just a guess. So in the meantime, let’s do a poll. And please put your thoughts in the comments. Article source:...

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Apple will discuss plans for its cash pile with investors

March 18, 2012
Apple will discuss plans for its cash pile with investors

Apple has nearly $100 billion in cash on its books. It is also a source of constant nagging by Wall Street investors who want  Apple to do something with it: a dividend, give it back to investors or something. In order to address the cash balance issue, Tim Cook, Apple’s CEO, and Peter Oppenheimer, Apple’s...

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Acquire, reward or revolutionize: thoughts on what Apple will do with its $100B in cash tomorrow

March 18, 2012

What Apple will do with its cash has long been a topic for discussion, with analysts and investment specialists going crazy predicting what it will do. Now, the company has announced that it will be talking about its decisions on spending its accumulated cash in a conference call tomorrow morning. The most likely announcement is a dividend to...

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One year after entrepreneurs gather for Summit at Sea, nearly $1 million is raised to protect the ocean

March 18, 2012
One year after entrepreneurs gather for Summit at Sea, nearly $1 million is raised to protect the ocean

In an age of networking and conference attending, “un-conferences” have become quite fashionable, and one in particular has been gaining loads of attention: Summit Series is an experimental events company that serves a collection of artists, entrepreneurs, activists, philanthropists and musicians in an effort to make our world a better place. The idea for Summit Series began on...

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Apple Will Tell Us Monday How It Plans To Use Its $100B In Cash

March 18, 2012
Apple Will Tell Us Monday How It Plans To Use Its $100B In Cash

Everyone has been wondering what Apple will do with its outsized cash reserves — currently at just under $100 billion. Tomorrow the company will hold a conference call to tell the world what that will be. “Tim Cook, Apple’s CEO, and Peter Oppenheimer, Apple’s CFO, will host a conference call to announce the outcome...

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Apple to hold call March 19th to talk about what its decided to do with its $97.6B in cash

March 18, 2012

Apple has announced a conference call that will take place tomorrow, Monday, March 19th to talk about what it will do with its immense pile of cash on hand. WHAT: Tim Cook, Apple’s CEO, and Peter Oppenheimer, Apple’s CFO, will host a conference call to announce the outcome of the Company’s discussions concerning its...

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Apple To Hold Conference Call On What It Will Do With Its Massive Pile Of Cash

March 18, 2012
Apple To Hold Conference Call On What It Will Do With Its Massive Pile Of Cash

AP One of the biggest questions Apple shareholders have is: What is the company going to do with its honking cash pile. As of the last quarterly report, the company had $97 billion. It looks like they’re about to get their answers. This announcement was just posted on Apple’s investor page: Tim Cook, Apple’s...

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