The figures for Samsung are in and the Korean technology giant reported impressive second quarter profits of $5.9 billion (6.72 trillion Korean won), a record for the company. The bumper figure represents a 79 percent increase on its performance one year previous, and total revenue rose 21 percent to reach $41.7 billion (47.60 trillion won). Samsung ranks...
Daily Archives: July 26, 2012
SDN startup Contrail Systems gets $10M led by Khosla Ventures
Last week VMware spent a whopping $1.26 billion on Nicira, a pioneer in the software-defined networking sector so it could get a toe-hold in the emerging software-defined data center business. However, it won’t be long before the company is going to start facing competition from others. One name to watch is Contrail Systems, a Sunnyvale,...
Great expectations: It’s not easy being Mark Zuckerberg
By almost any measure, Facebook is one of the most successful technology companies of the past half a century or so. It has close to a billion active users, and more than half a billion of them access the giant social network daily — and in just eight years, the company has grown from...
Here Are More Leaked Photos Of Apple’s Early iPhone And iPad Prototypes (AAPL)
The Verge See Also 14 Hidden Features In Apple’s New Operating System For Mac Is Apple Trying To Shorten Your Mac’s Lifecycle? 6 Reasons Apple’s New Safari Browser Crushes Chrome And Firefox Another batch of early iPhone and iPad prototypes have leaked out as part of Apple and Samsung’s legal battle. The latest photos...
Open English Lands $43M From Insight, Redpoint To Bring Online Language Ed To Latin America
Open English, as its name might suggest, is an online learning platform that helps non-English speakers learn the language and speak fluently. After developing the foundation for Open English in his home country of Venezuela in 2006, Andres Moreno took his idea north to Florida, where he launched the program commercially in 2008. Since...
Know Your Enemy: Lex Machina Raises $2 Million For IP Litigation Analytics
It is a common perception that IP litigation is exploding, in part because the patent system is allegedly broken. Enter Lex Machina, a Palo Alto based company providing IP litigation data and analytics to help companies ”anticipate, manage, and win patent and other IP law suits,” which just closed another $2 million in a funding round led by...
Groupon Is Ticked That This Startup Is Poaching Its Salespeople (GRPN)
Flickr / Groupon See Also This Startup Parked A Huge Ad Outside Of Yammer’s London Office Trying To Poach Employees That Don’t Want To Work For Microsoft Facebook Just Poached Another Apple Employee Foursquare Is Poaching Talent Like Crazy From Google Top Hat Monocle has just raised $8 million, and the Toronto-based educational software...
Twitter blocks Instagram from “find friends” feature through API
Instagram may have grown to have more than 80 million users, but it doesn’t mean the company is immune from Twitter’s API scorn. Users who download the new update to Instagram today will find that they can no longer find fellow Twitter users on the service, an interesting development as Twitter continues to work...
Eliza Dushku Crashes Twitter’s Hearts (But Not Its Servers)
@elizadushku Twitter’s Melissa Linehan with Eliza Dushku. See Also Twitter’s Cafeteria Gets Invaded By A Justin Bieber-Playing Flash Mob WATCH: Celebrities Read Mean Tweets About Themselves Eliza Dushku Tries To Use Economy To Boost Dollhouse Ratings Despite this morning’s outage, it wasn’t a totally horrible day at Twitter headquarters! That’s because actress Eliza Dushku...
Patent troll says it owns GPS, sues Foursquare
A Nevada-based shell company has filed a lawsuit against Foursquare, claiming the popular app is violating two patents that cover familiar navigation features. In a complaint filed Wednesday in Las Vegas, Silver State Intellectual Technologies Inc asked for an injunction and damages related to U.S .Patent 7475057 (“System and method for user navigation”) and U.S....