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Apple betting on itself, buying back $14billion worth of shares

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Apple has repurchasing a whopping $14 billion worth of its own shares after the share price dropped 8% in the aftermath of the Q1 financial report.

And while many rush to the conclusion that Apple is in dire straits because of its continually flailing share cost Tim Cook describes the move to repurchase Apple shares at the lower price as “aggressive”, “opportunistic” and that “It means we are betting on Apple”. Read more »

iPad Mini and Galaxy S4 are the most fragile devices, study shows

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A recent study put a bunch of different pieces of tech to the test to see which of them would be the most likely to break. The top of that list? The iPad Mini.

Following close behind was the Samsung Galaxy S4. In fact, Apple and Samsung products dominated almost all of the list. Read more »

Google Maps 7.6 update brings a bunch of new features

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Maps 7.6 has just been made available for download, and we have a breakdown of all the new features and functionality it brings.

New updates in Google Maps 7.6 are Offers, Preferred Transit Modes, interface and icon changes, and new domains. For a more in-depth look at these features, join us after the jump. Read more »

Sony considers selling its Vaio PC division

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According to e report by Nikkei, Sony is planning to sell its Vaio division which designs and manufactures personal computers. The move is dictated by the business unit’s poor performance, as well as the Japanese giant’s desire to shift its focus on smartphones.

Sony will reportedly sell its PC business to the investment fund Japan Industrial Partners with the estimated price ranging between ¥40 billion and ¥50 billion ($391 million to $489 million). Read more »

Apple will donate to classrooms for education initiative

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It looks like the White House will be getting a little bit of help with its ConnectEd Initiative.

A bunch of tech companies will be offering free products and services and amongst them, is Apple. Read more »

Satya Nadella sends first email to employees as Microsoft CEO

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Satya Nadella stepped in as CEO of Microsoft effective immediately and his first email to employees sets the tone for his reign. Analysts describe him as a safe pick and it shows – Nadella has asked Bill (he’s on a first name basis with Mr. Gates) to “devote additional time to the company, focused on technology and products”.

The new CEO won’t be hiding behind the back of the original one though, he points out specifically mobile and the cloud as areas of great interest for the company (he was in charge of Microsoft’s Cloud and Enterprise division). Read more »

Samsung and Phones 4U partner to launch 15 stores in the UK

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Samsung continues its rapid European retail expansion, adding 15 new retail stores in the UK. Today, the company announced it has struck a deal with UK retailer Phones 4U to manage 15 Samsung stores in the country.

Just last week, the Koreans announced a similar partnership with Phones 4U rival Carphone Warehouse, which includes 60 Samsung stores in Europe, 20 of which will operate in the UK.

Read more »

Check out Apple’s 30 year anniversary video shot on 100 iPhones

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January 14th, 2014 marked Apple’s 30th year in business. To commemorate this milestone, the Cupertino based tech giant released a celebratory video shot in one day on 100 iPhones.

Teams of cinematographers, under the guidance of director Jake Scott, were equipped with 100 iPhones and given one day to capture all of the footage. The result is very impressive. Read more »

How much did Google actually lose from Motorola

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As a refresher – Lenovo bought Motorola Mobility from Google for $2.91 billion yesterday, which would make it around two and a half years since Google bought Moto for $12.5 billion in 2011.

So by using simple math, you get that Google has lost some $9.6 billion in that span right, only getting a rich patent portfolio to show for it? Adding the money Motorola drained from Google on a quarterly basis the figure is even over $10 cool billion. Well, not exactly. Some analysts are estimating the figure to be only half as big. Here are the numbers. Read more »

The maker of gyroscopic OIS for Nokia makes the component available to other manufacturers

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According to a report in The Register, Nokia’s highly-effective gyroscopic OIS tech has become available to other manufacturers on the open market. The tiny part made by ST Microelectronics was previously exclusively available to the Finnish manufacturer.

The dual-axis gyroscope for image stabilization carries the model number L2G2IS. Read more »

Chrome and Lego team up to build brick creations online

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Love Legos, but hate stepping on a brick in the middle of the night, dealing with misplaced pieces, or having to clean up after an intense miniature engineering session?

Well Chrome has teamed up with the beloved toymaker to create a web application, Build with Chrome. The app allows you to play with Legos right in your browser. Read more »

Samsung to open 60 stores across Europe in three months

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Samsung has chosen Carphone Warehouse as a “preferred partner” for Europe. The retailer will collaborate with Samsung to open and manage over 60 dedicated stores of the Korean company.

Carphone Warehouse is already managing the three pilot stores and it seems Samsung is happy with the results and has decided on an aggressive expansion. Read more »

Samsung announces devices with 4K displays are on the way

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The Mobile World Conference is fast approaching, and Samsung has some titillating news about the displays on their future devices.

The Korean Manufacturer mentioned that they’re preparing a smartphone with a QHD AMOLED screen (2560 x 1440 resolution). Some believe that this will be the display on the Galaxy S5, but it’s all speculation at this point. Their other announcement is what’s really intriguing, however. Read more »

Sony will unveil its “slimmest” Playstation ever on Jan. 30th

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Sony has a history of releasing bite-sized iterations of their popular gaming consoles that perform better, are quieter, and consume less power. So when the Japanese hardware manufacturer announced it will reveal its “slimmest” Playstation device ever, one might assume that they would announce a trimmed down Playstation 3.

However, this might not entirely be the case, as there have been some rumors that Sony is gearing up for a wider launch of their Playstation Vita TV. Read more »

Microsoft sold 3.9 million Xbox One units and doubled its Surface sales in 2013

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Microsoft has announced its earnings report for the fourth quarter and the company has managed to better its performance from the previous year. The company has racked up a record $24.52 billion in revenue in 2013 as compared to the $21.5 billion in 2012.

The gross margin read $16.24 billion, while the operating income, net income and diluted earnings per share read $7.97 billion, $6.56 billion and $0.78 per share, respectively. Read more »