The folks at Twitter, where every story can be told in 140 characters or less, must have known that the company’s IPO announcement would boil down to this: It’s going to be the biggest Internet IPO sinceFacebook (NASDAQ:FB). Talk about damning with faint praise. The Facebook IPO was seen as a fiasco, at least until a couple of months ago when its stock price finally started creeping up above the... » more
The reaction to Apple's iPhone 5S and 5C unveiling this Tuesday was ambivalent at best.
The high-end 5S is predictably beautiful and packed to the brim with smart updates to its functionality, but it doesn't quite have the transcendent appeal of previous models like the 4 or 4S, which used features like Facetime and Siri to get people talking.
But the real talk of the town is the 5C,... » more
"Now I'd like to talk about iPhone. A couple of you may be expecting this."
Meant as a tongue-in-cheek introduction ofApple’s (NASDAQ:AAPL) latest offering to a frothing press and public, Tim Cook’s deadpan delivery was actually right on the nose considering the already familiar product he was about to show off to the world. Two products, actually.
At Tuesday’s big press event,... » more
You know that an issue has heated to boiling point when the opposing sides roll out the hyperbole. That is why the issue of net neutrality has now been defined as either a) a threat to the survival of the Internet as we know it, or, 2) yet another socialist plot to undermine American capitalism. Deciding which it is will be important to us all, as consumers and as investors. Unfortunately, the decision... » more
An MTA bus collided with a car that blew through a stop sign in Crown Heights Monday, seriously injuring at least 12 people.
The car was traveling east on Herkimer Street when the driver went through a stop sign at Albany Avenue, striking a B15 bus, shortly after 4:30 p.m. There were 41 people injured, including the car's driver and passenger, FDNY and NYPD said. The injured people were taken... » more
It’s fall, football season is underway, and it’s make or break time for Intel Corporation. The chipmaker has a new quarterback in CEO Brian Krzanich, and a refreshed lineup. Haswell processors are finally hitting the shelves in force, and Bay Trail – destined for tablets and low-end notebooks – will make its first appearance in the next few months. October marks the release of Windows 8.1 and, with... » more
Conventional wisdom solidifies very quickly these days.
It is already safe to say that Microsoft’s purchase of Nokia’s handset business, announced around midnight Monday, is perceived not just as a stinker but as a double stinker, a shotgun marriage of two losers headed nowhere in particular.
“It will get very, very messy, and the whole thing is probably doomed,” writes David Pogue,... » more
Yes, it's that time of the year.
Next week, Apple is expected to release not only an update to last year's iPhone 5, but also a cheaper model called the iPhone 5c.
In the past, Apple has continued selling older iPhones at lower prices alongside new flagship models. Right now, 2011's iPhone 4S and 2010's iPhone 4 are still on sale alongside the latest edition, the iPhone 5.
But... » more
The tech world let out a collective "Huh?" this week as Google revealed the nickname to its upcoming version of its Android operating system.
Similar to Apple's branding of Mac OS X versions after various wild cats, Google nicknames each major Androidrelease after a confectionary treat. And following in the alphabetical footsteps of Cupcake, Donut, Eclair, FroYo, Gingerbread, Honeycomb,... » more
This morning, Microsoft announced that it would pay EUR 5.44 billion, or $7.17 billion, in cash to buy Nokia's devices and services business and license Nokia's patents and mapping services.
The question, of course, is, why?
Well, Microsoft spells it out plainly in the press release:
Microsoft aims to accelerate the growth of its share and profit in mobile devices through... » more