Canadian sportswear retailer Lululemon Athletica – CEO, Christine Day is stepping down after the recent problems with a line of yoga pants that were inconsiderately see through. The new CEO’S focus will be on product quality issues and finding a strategy to improve and increase product offerings. The recent developments may weigh on the stock in the near term, though it’s a wait and watch situation.
That Yahoo Inc.’s CEO Marissa Mayer manages to stay in news again for the once-largest search engine and email services giant was again highlighted with news of the company announcing probable deletion of inactive user accounts.
At WWDC 2013, Apple Inc. CEO Tim Cook did what this technology giant has always been famous for- setting the industry standards – from presentation to the slew of software updates and revamps, new service products for their top of the line desktop and mobile operating systems.
Microsoft Corp., Google Inc. and Facebook Inc. have issued open letters to the United States Department of Justice, seeking to establish that they have only ’obliged’ to the role of revealing data they possess within the limits of law and have not provided unlimited access to their databases.
Though, there remains no ambiguity about Google Inc’s acquisition of the navigation tool- Waze App, which is owned by Noam Bardin, the CEO and developer of the navigation app, it may unsuspectingly put Google Inc into some legal trouble.
PRISM-gate has indeed opened the gates to further criticism of Obama Administration and the conniving role of technology companies. Users are critical of the disclosure methods adopted by these technology companies and public carriers in disposing of personal data either directly to government security agencies or to third parties.
With omnipresent cars, we have to face the growing number of accidents. But many have dedicated their work to developing technology which will eliminate car accidents.
Apple Inc. has begun a new program in continuation to its earlier programs to offer latest models to loyal users. Most analysts believe it is also a step to counter the Samsung Electronics Co.’s deluge of latest smartphones and devices.
It came as a shocker to many US citizens when news bytes surfaced early on the 6th of June that the respected National Security Agency had unbridled powers to access private calls, emails, online chat content, documents and other data.
The report of the parliament’s intelligence and security committee was surely not a thing that was expected by the UK government which will certainly have to excuse its oversights regarding the Huawei-BT deal. Moreover, the report clearly underlined that there were many procedural mistakes while granting the access to British communications network to the Chinese company, including not providing ministers with necessary information about the plans.
Since the beginning, RIM has been intuitive of function features that its users would expect on their much-loved smartphone BlackBerry. True to form, despite the slew of disappointments in the past few years, the BlackBerry maker has persisted in introducing changes to the latest model of smartphone the Q10. This model is the second in the series to run on the latest version of the proprietary operating system called Q10 and has brought along a physical keyboard for use.
For Samsung Galaxy S series phone users there is a surprise. Slated to be a rugged model -Samsung Galaxy S4 Active, smartphone technology analysts predict that it will compete against the recently launched Sony Xperia Z which has been hyped for its water-resistant features.
Technology industry analysts believe that the ‘cloud computing’ market is finally on the growth curve. The two deals announced by two technology giants on the 4th of June prove that they are right. Salesforce.com Inc. has informed that it will spend $2.5 billion to acquire a high-value cloud computing service provider called ExactTarget IncSalesforce.com Inc. has informed that it will spend $2.5 billion to acquire a high-value cloud computing service provider called ExactTarget Inc.
It is nothing new that Apple Inc. and Samsung Electronics Co. have been at war with each other for infringing technology patents held by the respective companies, so simply the story, which is full of twists in the plot, continues. Considering that Samsung Electronics Co. provides the processors used in Apple’s products, the patent wars are long-drawn and involve a lot of subtle contesting.
It was widely expected that China would strike back. And the Asian dragon did as it launched anti-dumping probe on EU wine which is simply a counterattack as the world’s second economy cannot resign itself to the European Union’s step to impose tariffs on Chinese solar panels.
ARM Holdings, the mobile processor manufacturer, saw a sudden slide in share prices, following the announcement by its largest user, Samsung Electronics Co. that it would now use chips made by Intel Corp. for its latest Samsung Galaxy Tab 3.
It appears that EEF chief executive Terry Scuoler has given-in to emotions of markets around British industries and voiced his opinions that the present UK government should cut-back on its expenditure on health-care, essentially National Health System and look outward and spend actively on building roads, transport as well as science and innovation.
Apple Inc. continues to be embroiled in legal hassles with the US government. On the 3rd of June 2013, the high net-worth technology company will be facing a non-jury trial filed by Department of Justice.
Apple Inc. set foot in the ebook market space in 2010 with its iBookstore. Prior to setting up of the ebook store, Apple Inc. had tied with several publishers to sell books on its platform. However, the company chose a pricing-model for its ebooks that was different from existing market structures.
At last, the National Highway Traffic Safety Administration has set up new guidelines for drivers keen on self-driving cars. The move is a breakthrough as it is one of the first regulatory laws introduced by the agency with respect to autonomous vehicles.