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Blackberry To Cut 5,000 Jobs!

BlackBerry maker Research in Motion has announced its plans to delay the launch of its new mobiles and also jobs cuts which it termed as critical for the company’s survival. RIM has been pushed around ever since Apple entered the mobile phone market, RIM has been losing customer to Apple, Samsung, Sony etc., who are performing well in the mobile ... Read More »

Microsoft Buys Yammer for $1.2 Billion!

Microsoft will be taking over Yammer, the social network for companies, for $1.2 billion. Is Yammer really worth $1.2 billion? Microsoft doesn’t seems to care if Yammer is worth the buck but wants to jump into the social networking bandwagon as soon as possible and with Yammer in it’s pockets it will really help jump start the process. Yammer specializes ... Read More »

Oracle CEO to Buy 98% Of Hawaiian Island Lanai

Oracle CEO Larry Ellison has agreed to buy 98 percent of the Hawaiian island of Lanai. We guess buying up-coming tech companies is not really satisfying Larry Ellison’s greed these days. This information has been confirmed by the Governor of Lanai. “It is my understanding that Mr. Ellison has had a long standing interest in Lanai,” Governor Neil Abercrombie said ... Read More »

Microsoft Embraces Tablet with Microsoft Surface

Microsoft‘s big announcement has come out of hiding. Microsoft has finally accepted and tablet PC era and debuted it’s very own tablet, Microsoft Surface. Naturally, these tablets will be running on Windows OS. Microsoft has not revealed any details on the price. But they have informed us that it will be released as the launch date approaches. A press release ... Read More »

Facebook Gobbles Face.com

Facebook acquisition spree is still on. Facebook’s latest victim is Face.com, which is an Israeli based facial recognition technology company. The acquisition has been confirmed by multiple sources as well as Face.com itself, where Facebook has proudly bragged about the takeover. The price Facebook paid for Face.com is expected to be somewhere around $80m-$100m. There are no official information on ... Read More »

Big Microsoft Announcement is coming

Microsoft is expected to make a “major” announcement Monday. Speculation about the Los Angeles media event is that the company plans to unveil either a tablet computer or a system that uses an upcoming version of Windows to help people access TV shows and movies across a range of devices. A Microsoft-branded tablet wouldn’t come as a complete surprise. In ... Read More »