Apple Sold 37 Million iPhones Last Quarter, 7 Million More Than Expected
Apple’s just-released financial results for the quarter ended Dec. 31 have some eye-popping numbers: – “Record quarterly net profit of $13.1 billion,” double the $6 billion of the same quarter a year earlier. – 37.04 million iPhones sold; 7 million more than analysts expected, according to CNET News. The company unveiled its iPhone 4S in [...]
Landing A Job After A Year Of Rejection
Students graduating from college are entering perhaps the toughest, most uncertain job market in generations. In our series, we met recent grads who shared the frustrations and fears they faced as they set out in search of work. In this installment, we follow-up with one of our previous grads who has now landed a job [...]
Niche No More: Survey Shows Tablets Are Everywhere
A few weeks ago, Mike Wendlinger bought himself a Christmas present — a Nook Simple Touch e-book reader. And when he did, he joined a wave of Americans who have combined to make e-readers and their more powerful bretheren, tablet computers, into genuine mass market devices. In fact, a study released Monday by the Pew [...]
Foreclosure Robo-Signing Deal Worries N.Y. Official
Some of the biggest banks in the country are reportedly close to a settlement with authorities over the so-called robo-signing scandal in which mortgage company officials signed and notarizeed foreclosure documents without properly reviewing them. Many lenders and mortgage servicers acknowledged making serious mistakes in foreclosure paperwork. But the much-delayed settlement still faces challenges. New [...]
Megaupload Is Trying To Go Back Online Even As Execs Sit In Jail
A judge in New Zealand today ordered that Megaupload founder Kim Dotcom (a.k.a. Kim Schmitz) and three others remain in custody at least until a bail hearing on Monday as the legal process of possibly extraditing them to the U.S. to face copyright infringement and conspiracy charges got underway. As we reported Thursday, the U.S. [...]
Kodak Is In Bankruptcy, But Its Hometown Hasn’t Lost Its Sparkle
Like many winter days in upstate New York, it’s cold and gray in Rochester. But today feels darker than usual because when we woke up this morning, we learned that Eastman Kodak was filing for bankruptcy. We could all feel it coming, but it was still a shock. There is no conversation in Rochester today [...]
Megaupload Shut Down By The FBI
Megaupload, one of the world’s most popular file-sharing sites, was shut down Thursday as its founder and several executives were charged with violating piracy laws by the U.S. Department of Justice. As a technology used to transfer files too large to be sent by email, Megaupload has perfectly legitimate uses, but the Motion Picture Association [...]
Sports Capture Readers, But Are Far From Sure Thing
Newspapers find sports sells, but face competition from blogs.
Dissolvable Tobacco Products Draw FDA Scrutiny
The U.S. Food and Drug Administration has a gathered a group of scientists and other experts to study flavored melt-in-your-mouth tobacco products. The panel, meeting this week, will hear from two camps of stop-smoking advocates: those who worry that dissolvables are a gateway to smoking and others who say they help people kick the habit. [...]
Katy Perry’s Perfect Game
If you listen to commercial radio, this is not news: Katy Perry had a huge year. She went number one five times. She was the most played artist on the radio. But the record industry is so weird, it’s actually hard to know whether this kind of success translates into huge amounts of money. So [...]
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