The PC market has seen some dark days the past couple of years, but it does seem to be on its way to stabilization. This isn’t any solace to 5,000 Intel employees, as the chip manufacturing giant will put them out of work this year.

Intel Spokesman Chris Kraeuter said, “This is part of aligning our human resources to meet business needs.”

The number accounts for about 5% of Intel’s entire workforce. The announcement may come as a surprise to many, especially since Intel’s revenue was improving thanks to a growing number of tablet sales. Read more »

Nintendo President, Satoru Iwata has confirmed that the sales of it’s latest console, the Wii U, have failed to reach the video game giant’s goals:

“We failed to reach our target for hardware sales during the year-end, when revenues are the highest,”

The numbers are so dismal, that Nintendo has cut their projected sales figures 70% by the end of March. Read more »

Want to stop sucking at Tennis, but can’t afford a good instructor? Well Babolat may have something that’ll help you out: the Play Pure Drive.

Essentially a tennis racquet that is packed with sensors, Babolat’s racquet measures vibrational and gyroscopic data and displays how many forehand and backhand hits you’ve made and where exactly you hit the ball on the strings. You can then use this data to delineate your tendencies and try to correct them and improve your game.

The data is synced via Bluetooth, where all of the tennis-centric metrics are pushed to your smartphone or device of choice. You don’t need to interpret all of the data yourself though, because Babolat’s software will give you suggestions on how to improve your swing. Read more »

Nokia’s plant in India that is located in the city of Chennai was under a dispute with tax authorities in the sub-continent. As a result, the asset, which was one of the biggest Nokia manufacturing plants was sized by the local government. The seizure could prove problematic as some speculated it might prevent the Microsoft acquisition of the Nokia mobile division.

The potential obstacle is now gone, however, as Nokia has won its appeal to lift the seizure of the plant, which allows the company to transfer the unit to Microsoft as a part of its deal. Read more »

Oppo is now the second most profitable mobile phone manufacturer in China, according to Entrepreneur Magazine. Oppo’s successful strategy is said to have helped the company to achieve the impressive feat in the world’s largest smartphone market.

Oppo’s change in strategy when entering the smartphone and the determination to focus on the quality of its products have helped the company to rise in the market, according to the report. Read more »

Google redesigned its popular email client in March with few new additions and tweaks. One of the notable changes was the new compose, which was available in your inbox as a pop-up window.

Now, Google has started to roll out a new full-screen compose window, which fills your entire display. Read more »

T3 has officially announced its nominations for its seventh annual T3 gadget awards, which recognize and honors the gadgets, software and personalities who inspire the tech world over the past one year.

As one can expect, Apple and Samsung have bagged the most nominees with each brand presented in nine categories, including four where the two meet face to face. Read more »

Foxconn, the world’s largest electronics contract manufacturer has posted its financial report for the second quarter of the year and surprisingly, the revenues have surpassed the estimates and the company has managed to generate $30 billion.

The second-quarter revenue of Foxconn is up by 0.6% over the same period a year ago. Foxconn saw its revenue decline by 19.2% decline in its revenue for the first quarter of 2013 due to the decline in the iPhone orders from Apple. Read more »

Apple’s stock continued to take hits even after the company posted a record breaking financial result for Q1, 2013. The drop in the stock’s price was so severe that it resulted in Exxon Mobil surpassing Apple’s market cap value, to become the most valuable Wall street company once again.

Apple’s market cap is currently at 413.06B against that of Exxon’s 418.23B. Apple, held the leader position since August 2011, but now it had to give it back to the petrol giant. Read more »

This is amazing and yes, you read this right. ASUS CEO Jonney Shih and NVidia CEO Jen-Hsun Huang stepped up on stage at NVidia’s press event at CES and teased a 7-inch ASUS tablet running Ice Cream Sandwich on the quad-core (actually, penta-core) Tegra 3 chip and said that it will cost just $249.

The tablet ASUS’ CEO flashed on stage looked like the Eee Pad MeMo ME171, but without an official confirmation from ASUS we can’t be sure. Read more »